SD Bullion Lowers Minimum Order Size
The announcement today notes that the minimum order size has been reduced to $250.
Dealers
SD Bullion Adds Buy Gold at Spot Offer for New Investors
First time customers can buy an Argor-Heraeus 10 gram Gold Bar at spot price which includes insurance and shipping. More details can also be found on the SD Bullion offer page.
Demand for Silver Eagles Spikes, Along with Premiums
The US Mint continues to be slow and unable to meet investor demand.
The failures of the Mint and their planchet suppliers have led directly to significant increases in dealer premiums in recent weeks. This week, the lowest dealer premium for silver eagles is more than 60% over spot price.
Some dealers, such as APMEX and JM Bullion are currently selling silver eagles with premiums at over 88% above spot price.
Several Dealers Increase Order Minimums and Shipping Times
APMEX, JM Bullion, SD Bullion and Money Metals Exchange have announced temporary changes to order and shipping policies upon an increase in order volume in recent weeks amidst the ongoing banking crisis. While premiums on silver eagles have recently risen back above 50% per coin. Lower premiums are available for other sovereign bullion coins such as Britannia, Kangaroo and Philharmonic.
SD Bullion Updates Shipping Times, Raises Order Minimum to $500
Current backlog for some orders is reportedly extending out 7 or more business days. In addition, they are temporarily limiting new orders to over $500.
Money Metals Exchange has also stated that customers should expect order delays of up to an additional 1 to 2 business days.
Banking Crisis Excites Investor Demand for Silver and Gold
APMEX sold more than 1 million troy ounces of silver in the past 7 days, and 27,000 troy ounces of gold.
1 oz Gold Bar at Spot Price
Many new investors discovered precious metals through spot price deals. JM Bullion is now offering new investors the option to buy a 1 oz Gold Bar at Spot Price.
Climate Agenda and Consumer Spending Key Drivers of Silver Demand
The use of silver in the manufacturing of consumer electronics, electric vehicles and solar panels has hit record highs. New Mining Tech could improve efficient and reduce environmental impact
2023 King Charles Britannia
The official coronation of King Charles will occur in May. The Royal Mint is releasing new coin designs to celebrate this historic event and transition. The Type 2 design for the 2023 Britannia features a newly sculpted portrait of His Majesty King Charles III.
Commonwealth countries will likely be following the lead and updating their coins.
Military and Veteran Discount From Bullion Dealers
JM Bullion, BGASC and Provident Metals all offer discounts on purchases for military veterans and active duty personnel. The discount offer is “As Low as” quantity pricing. You will need to contact customer service before you place your order in order for the discount pricing to be applied to your account. For active duty personnel, … Read moreMilitary and Veteran Discount From Bullion Dealers