Provident Metals is a trading organization with headquarters in Lavon, Texas. It has offered precious metals for investment since the year 2008, and it is accredited with the BBB, with an overall rating of B on the BBB website. Prospective clients may find it interesting to note that the organization does not have a rating available on the BCA site or on the TrustLink website. That could seem suspicious, especially because these websites are meant to provide consumers with vital feedback on how a company conducts business. An accurate Provident Metals review will address the fact that there are broad varieties of palladium, platinum, copper, silver, and gold items for purchase. Numerous different brands of coins and bullion can be purchased and the items are guaranteed to ship safely and securely to the US and Canada.
Many customers have said that the company’s site was relatively easy to navigate and figure out, and that the order placement page was easy to operate. All of the prices are competitive and traders are entitled to bulk discounts when buying large volumes of bullion. Although currently the company only ships to the United States and Canada, all the packages are 100 % insured for extra peace of mind. There is a limit of US$1,500 on online orders paid with credit cards, but some clients are likely to find it an extra perk to deal with a precious metal business that accepts takes credit card payments.
The item assortment could very well be the company’s best feature, as their site contains various types of coins as well as other bullion items. This enormous selection can be an excellent place to browse through for both the starting and the seasoned investor, as there are so many possibilities to work with. At the same time, this substantial catalog may feel overwhelming and deter some of the newer clients.
Much like any other gold trading organization, all of the services on their site can be paid for by several means. Clients can pay for an order with bank wires, cashier checks, personal checks, credit or debit cards, and money orders. Those are all acceptable payment options, though they are subject to limitations depending on the minimum and maximum order sizes.
If you pay by bank wire, you will need to provide the funds within three to five days or the order will be cancelled. This option is only available for clients placing orders which are over two thousand dollars. A paper check can include several different payment methods, including personal check, cashier check, or money order. There is no minimum amount on such a method of payment, however, the paper check is only an option for orders below US$20,000. If you are paying this way, bear in mind that your check will be held for 6 days to make sure that the appropriate funds are appropriately processed. Finally, for customers who would like to pay with their debit or credit cards, there are certain limitations. Customers will pay upwards of four percent more per order because of credit card processing fees, but this method is more secure for smaller orders. Clients who opt for this payment method can expect that their products will ship out within three to 5 business days.
In view of the nature of the trading process, Provident Metals takes extra precautions to ensure the security of their packages. All of them are shipped discreetly by UPS and FedEx, and the ones over 50 dollars will require a signature when they are delivered.
This company is fully accredited on the Better Business Bureau (BBB), and they have consistently maintained their outstanding score since their accreditation. Nevertheless, the BBB site has 37 complaints regarding the firm and its business practices. This is an especially high number for a precious metal trading company. Whereas the company supposedly stresses security and safety in their delivery methods, over fifty percent of the complaints were targeted issues that happened with deliveries. This may appear as a particularly negative sign. The second largest source of the complaints related to customer dissatisfaction with the products themselves.
In addition, their lack of formal rankings on TrustLink and the BCA could raise red flags in prospective investors. Four complaints have also been posted on the Ripoff Report site, accusing the company of behaving fraudulently. Although the reviews do not bode well for the company’s reputation, realize that neither the website nor the company have had any lawsuits or government actions taken against them since their creation.
The corporation can be viewed as a potential investment option for people looking to work with an array of precious metals. Owing to the large number of products, however, the services may be more appropriate for seasoned traders interested in diversifying their portfolios with a broader gamut of coins and general articles of bullion.
Which Gold IRA Company Do I Recommend for 401ks and Rollovers?
My choice for the best Gold IRA firm is Regal Assets. You can give them a call at 1-888-745-7957.
Immediately upon entering the Regal Assets website, many clients will be pleased to find a user friendly interface. It features several options which allow you to acquire bullion and coins in precious metals such as gold, silver, platinum, and palladium. Another important point is the vast amount of information to help potential clients get acquainted with the current gold investment process and environment. Price charts and informative graphs help traders make better decisions about their purchases, while a news page can keep them up to date on the latest events in the trading market. All of the information available on the website meant to ensure a satisfying purchasing experience for new customers, with guidance available at every step.