I'm new to PM trading so I may not know what goes into online retail so pardon my ignorance. I bought my first 2 silver bars last month (16th Nov). One from bullion club and another one from a private seller from this forum. The private seller sent me the bars after confirming payment and was delivered to me in 3-4 days. The other bar from bullion club still has not arrived. It did not say that the item was out of stock. How long does it take to check if the money came in, grab a bar and mail it? I do a lot of online shopping and I am in no hurry to get the bullion but I'm just not used to having my payment confirmed almost a month ago only to be advised that item has only been shipped today. Is this common practice?
Yes bullion shipping from dealers is ~2-4 weeks, IMHO it is rare stuff and thus getting hold of it is hard. This fact is a major contributor as to when to buy bullion! Because if SHTF, 4 weeks delivery may blow out to never
Does this mean that the main reason for the delay is they don't stock the item until someone orders and pays for it?
Depends who you deal with. One hint i can offer, ask if the item you want is in stock ready to ship. If ordering multiple items again ask if ready to ship,anything on backorder will hold up your entire delivery,so do two orders if you have too, one to ship immediately, and one backorder. 1-2 weeks is standard out of perth.
pick your dealers, I have a long list of dealers who have failed to deliver on many fronts, so I place them on the "they dont get my business" list, as they say in retail vote with your feet
My first purchase from Bullion Money & Bullionmark only took 3-4 days from day of purchase to delivery to my place of work, Ive gotta say I was most impressed. Might of been the fact that I spent abit................but not sure. :lol: :lol:
I've sent them 3 messages.heres one of the replys. Hello Xxxxxx, We apologize, but the Mint is behind in its production and shipping of the Dragon coins, due to overwhelming demand for these. We have not received them yet. Thank you, Bob Bob Lucas Talisman Coins
I asked for a refund yeasterday in the email i sent them.And today they withdrew the funds for the coins .WTF FROM ONE STACKER TO ANOTHER. BEWARE OF TAILSMAN COINS
Well, a bit of sympathy here: I AM STILL WAITING FOR MY COLOURED DRAGONS FROM PERTH MINT AS WELL, OVER TWO MONTHS NOW!! sent few messages but it seems they never reached them... not a single reply!!!! NOT HAPPY!!