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Bellevue 425-454-1283 · Lynnwood 425-672-2646 · Issaquah 425-392-0450 · Tacoma 253-328-4014

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INVESTING IN GOLD? HERE’S HOW TO FIND THE RIGHT DEALER.

 

Purchasing gold is an important financial decision. It goes without saying that when making a choice as to who and what company you are planning to do business with, one should do their due diligence and research the companies they are considering doing business within their respective areas.

Recent events in the Greater Seattle Area are bringing to light new cause for concern and Bellevue Rare Coins has put together some important key factors to consider when making the decision to invest in gold.

 

Do Your Research

It’s as simple as that. Conduct an Internet search of the company and the owner. Yelp and other various online review sites can be a great resource for customer feedback. The platform allows for genuine, raw reviews of how interactions unfold at the store and the aftermath or outcome of their experiences. Business representatives should be carefully monitoring and responding in a timely fashion to customers detailed accounts. If not, one may want to reconsider doing business with the individuals in question as it’s fairly obvious they are not interested in knowing where they have room for improvement.

Lastly, the Better Business Bureau website is an excellent resource for information. There one will find the business rating, the reason for the rating, any customer reviews or complaints and how long the business has been accredited with the BBB.  All important factors when choosing a business to assist you with your investment.

 

Trust

Consult with a family member, friend, or colleague whose opinion you admire and trust who have purchased gold before. Chances are they will provide you with the information you are seeking and steer you clear of any crooked business owners in the industry. If they themselves have not made such purchases, more than likely they will know someone who can recommend an exceptional gold dealer to purchase gold or silver from.

Also, go with what you know. Meaning if you have already had a positive experience with a company or someone in the industry, stick with said person/company as you are less likely to question your decision to move forward and are less likely to have a poor outcome.

Additionally, do not be afraid to shop around to ensure you are getting the best deal on your investment.

 

History

This ties all the aforementioned together. Such as “What is the long-term standing of the business?”, “What is their standing with the BBB?”, “Do I have friends/family/coworkers who have had exceptionally positive experiences with the company I am considering?”. All these questions and more are all things to consider and really spend time thinking about before selecting a company to do business with.

A final point to take into consideration is the delivery time for orders. If a dealer is stating they have product in stock, the turn around time should, ideally, be no longer than two weeks. However, there are some businesses that will quote an excessive amount of time, up to six months. This length of time for delivery is not a common practice amongst the industry and should be avoided. Dealers should assure quality and convenience along with availability and a wide range of selection.

 

Finding a trustworthy, reputable gold and precious metals dealer can feel like one is trying to find a needle in a haystack but rest assured, they are out there. Drawing from many angles, researching and heeding advice or warnings from trusted loved ones will make the journey to owning gold, silver and more, a smooth ride.

 

Did you like this? Read How To Clean Coins To Make Them More Valuable

Since 1979, Bellevue Rare Coins has been a trusted, family-owned business serving the Greater Seattle Area with locations in Bellevue, Lynnwood, and West Seattle. Specializing in gold, silver, diamond, and jewelry purchasing, in addition to dealing in rare coins. We now offer a vast selection of fine, vintage and custom-designed jewelry. Visit anyone of our three friendly locations for the best deals selling or buying.

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  • Bellevue

    Bellevue

    321 Bellevue Way NE
    Bellevue, WA 98004
    Hours: Mon-Fri 10 am - 6 pm
    Saturday & Sunday Closed
    Phone: 425-454-1283
  • Lynnwood

    Lynnwood

    18411 Alderwood Mall Parkway Suite F
    Lynnwood, WA 98037
    Hours: Mon-Fri 10 am - 6 pm
    Saturday & Sunday Closed
    Phone: 425-672-2646
  • Issaquah

    Issaquah

    1175 NW Gilman Blvd Suite B16
    Issaquah, WA 98027
    Hours: Mon-Fri 10 am - 6 pm
    Saturday & Sunday Closed
    Phone: 425-392-0450
  • Tacoma

    Tacoma

    2302 Pacific Ave
    Tacoma, WA 98402
    Hours: Mon-Fri 10 am - 6 pm
    Saturday & Sunday Closed
    Phone: 253-328-4014