Silver.com Review

July 13, 2023
Written by Peter Anderson

Silver.com is a reputable online retailer that specializes in the sale of precious metals, specifically silver, gold, platinum, and palladium. With a wide range of products available, including coins, bars, and rounds, Silver.com offers investors and collectors the opportunity to diversify their portfolios or add to their collections.

They also offer a selection of gold coins and bars for those interested in investing in this valuable metal. Silver.com provides options for purchasing platinum and palladium products as well as copper bullion.

The company ensures the authenticity and quality of their products by working with reputable mints such as the United States Mint and the Royal Canadian Mint.

With competitive pricing and secure shipping methods, Silver.com aims to provide customers with a reliable platform for acquiring precious metals.

Disclosure: Some of the links in this article are from sponsors. The list below is an honest review gathered from thorough research, experience, and consumer-based feedback. 

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What is Silver.com?

Silver.com is a reputable online precious metals retailer based in Dallas, TX, that offers a wide selection of coins and physical bullion, providing investors with the opportunity to take direct ownership of their wealth and have tangible assets in their hands.

One key aspect of Silver.com is its customer support, which aims to assist customers throughout the purchasing process and address any inquiries or concerns they may have. 

This level of support helps to enhance the overall buying experience for customers.

Investing in silver has several benefits, including diversification of investment portfolios and protection against inflation. Silver.com recognizes these advantages and provides market analysis information to help investors make informed decisions.

Keeping track of market trends and fluctuations, Silver.com enables its customers to stay up-to-date with the latest developments in the industry.

When it comes to shipping and delivery processes, Silver.com ensures prompt and secure delivery of purchased items. They prioritize customer satisfaction by using reliable shipping carriers and packaging products securely.

In terms of pricing and discounts, Silver.com strives to offer competitive prices for its products. They regularly update their inventory with new items while also offering discounts on select products from time to time.

This allows customers to potentially maximize their investments while enjoying cost savings.

Silver.com serves as a trusted platform for individuals who want to invest in precious metals such as silver.

With its wide range of offerings, attentive customer support, market analysis resources, efficient shipping process, and competitive pricing options, it caters effectively to the needs of investors seeking tangible assets for wealth preservation purposes.

Silver.com's Products

The wide range of silver products offered by Silver.com includes 1 oz. silver coins from various countries, as well as older US coins with varying silver content. These coins are minted and struck by the mints of their respective countries and are certified as either .999 or .9999 pure silver.

Customers also have the option to purchase these coins in special cases that indicate their type and year of issue.

In addition to government-issued silver coins, Silver.com offers older US coins that contain anywhere from 40% to 90% silver content. This includes half dollars depicting former president John F. Kennedy, dimes depicting Franklin D. Roosevelt, quarters depicting George Washington, Morgan Silver Dollars produced between 1878 and 1904, Walking Liberty Half Dollars minted from 1916 to 1947, Barber Quarters and Half Dollars, and silver Mercury Dimes.

Apart from coins, customers can also find a selection of silver bars in various sizes ranging from 1 oz. to 100 oz., including unique items like the S.S. Gairsoppa British Britannia coin recovered from a shipwreck.

And, Silver.com offers silver bullets and small statues made of silver.

Silver.com provides a diverse range of silver bullion products such as coins, bars, rounds, jewelry along with collectible items for investors and collectors alike.

Gold Products

Gold products offered by Silver.com encompass a wide range of options, including popular coins such as 1 oz. American Eagles, Canadian Maple Leaves, and Mexican Libertads, as well as specially designed gold coins featuring superheroes and characters from franchises like Star Wars and Lord of the Rings.

Unlike silver Krugerrands which are .999 pure, gold Krugerrands have a purity level of only .9167. In addition to the standard 1 oz. size, gold Krugerrands are also available in smaller sizes of 1/4 oz. and 1/2 oz.

Silver.com also offers gold bars in various weights ranging from one gram to one kilogram. The most popular size among customers is the 1 oz. gold bar.

These bars provide investors with a convenient and tangible way to own physical gold.

In addition to coins and bars, Silver.com provides two other unique gold products for sale. The first is special pre-1933 American gold coins that were once required to be turned in by private citizens during the US government's confiscation of physical gold holdings in 1933.

The second product is special gold notes issued by various states in the past that were redeemable in gold.

Silver.com offers a diverse selection of gold products catering to both investors and collectors alike.

Customers can choose from traditional bullion options like coins and bars or opt for more unique pieces like pre-1933 American coins or state-issued gold notes.

Platinum and Palladium Products

Platinum and palladium products offered by Silver.com include specially issued rounds and bars, providing customers with a range of options for investing in these precious metals.

Platinum and palladium have gained recognition as valuable investment assets due to their unique characteristics and potential for price appreciation.

  • Platinum and palladium price trends: The prices of platinum and palladium have experienced fluctuations over the years, influenced by factors such as supply and demand dynamics, economic conditions, and geopolitical events. Investors should monitor market trends to make informed decisions.
  • The benefits of investing in platinum and palladium: Investing in platinum and palladium can offer diversification benefits to an investment portfolio. These metals are known for their scarcity, industrial uses, and potential hedge against inflation.
  • Popular platinum and palladium coins: Some popular platinum coins include the American Platinum Eagle, Canadian Platinum Maple Leaf, and Australian Platinum Koala. For palladium coins, the most well-known options are the Canadian Palladium Maple Leaf and Russian Ballerina Palladium coin.
  • Industrial uses of platinum and palladium: Both platinum and palladium have various industrial applications. They are used extensively in automobile manufacturing for catalytic converters due to their ability to reduce harmful emissions. They are used in electronics, jewelry production, chemical processes, dentistry, and more.
  • How to store platinum and palladium securely: Storing precious metals securely is crucial to protect your investments. Options include safe deposit boxes at banks or specialized depositories that offer secure storage facilities with insurance coverage. It is important to consider factors such as accessibility, security measures implemented by the storage provider, cost considerations when choosing a storage method for platinum or palladium holdings.

Copper Products

Copper, although not traditionally considered a precious metal, has gained attention as an investment option due to the increasing value of US pennies made from copper and the availability of copper rounds and bars in various designs and sizes.

Silver.com offers a range of copper products, including copper bars, copper rounds, and even bags of Wheat Pennies. Copper bars are available in sizes ranging from 1 oz. to 10 pounds, providing investors with flexibility in their investment choices. These bars offer a tangible form of investment that can be easily stored or traded.

Silver.com offers copper rounds in various designs, such as American Indians and logos of cryptocurrencies. These rounds provide collectors with aesthetically pleasing options while still offering the benefits of investing in copper. The value of these products is derived from the underlying metal content rather than numismatic value.

Investors interested in adding copper to their portfolio can take advantage of the current prices for this metal and diversify their holdings beyond traditional precious metals like gold and silver.

As with other bullion products offered by Silver.com, customers can trust that they are purchasing high-quality items backed by reputable companies.

Offering these copper products alongside their selection of precious metals, Silver.com provides investors with additional options to consider when building their investment portfolios.

Miscellaneous Products

In addition to their extensive selection of precious metals and coins, Silver.com offers a variety of miscellaneous products to cater to the diverse needs and interests of investors.

  • Unique collectibles: Silver.com provides a range of unique collectible items that appeal to collectors. These items may include limited edition coins or bars with special designs or themes, such as commemorative pieces celebrating historical events or popular culture icons.
  • Limited edition items: For those seeking exclusive investment opportunities, Silver.com offers limited edition items. These can include coins or bars produced in limited quantities, making them highly sought after by collectors and potentially increasing their value over time.
  • Antique jewelry: In addition to bullion products, Silver.com also offers antique jewelry for those interested in diversifying their investments. These pieces may have historical significance or unique craftsmanship that adds value beyond the intrinsic worth of the precious metals they contain.
  • Bullion accessories: To enhance the storage and display of bullion products, Silver.com provides various accessories such as tubes and cases specifically designed for coins and bars. These accessories help protect the integrity of the investment while adding aesthetic appeal.
  • Rare currency: As part of their commitment to serving the diverse interests of investors, Silver.com also offers rare currency for those looking to expand their collection beyond precious metals. This includes vintage banknotes and other forms of rare currency that hold numismatic value alongside their inherent worth.

Offering these miscellaneous products, Silver.com aims to provide investors with a comprehensive range of options for diversifying their portfolios while meeting individual preferences and tastes.

Investment and Storage Services

Silver.com provides investors with a range of investment and storage services to enhance their precious metals portfolios and ensure the safekeeping of their bullion.

One of the key services offered by Silver.com is the ability to open a precious metals IRA. 

Investors can establish a self-directed IRA and fund it according to their preferences, allowing them to purchase IRA-approved precious metals to add to their account. This option comes with various tax benefits that make it an attractive investment opportunity.

In terms of storage options, Silver.com works with reputable companies that can store large amounts of bullion on behalf of investors. It is important for investors to store their metal in an approved depository in order to attain tax-approved status. Silver.com recommends working with either the First State Depository Company, LLC or the Delaware Depository Service Company for secure storage solutions.

Investing in silver offers several advantages when compared to other precious metals. Silver has historically been used as both a store of value and an industrial metal, providing potential for growth in diverse market conditions.

Diversifying one's portfolio with silver investments can help mitigate risk and protect against inflation.

Silver.com provides comprehensive investment strategies and secure storage options for investors looking to incorporate silver into their portfolios.

The company's expertise in the field ensures that customers receive professional guidance throughout their investment journey while ensuring the safety and security of their precious metals holdings.

Precious Metals IRA

Transitioning from the previous subtopic of investment and storage services, let's now focus on the topic of Precious Metals IRA offered by Silver.com.

Silver.com provides individuals with the opportunity to open a self-directed IRA and fund it according to their discretion. Through this service, investors can then purchase IRS-approved precious metals to fill their account.

Silver.com collaborates with accredited IRA custodians such as The Entrust Group, Inc., The Goldstar Trust Company, New Direction IRA, Inc., and Self-Directed IRA Services, Inc., making it easier for customers to establish and manage their IRAs.

The Precious Metals IRA option offered by Silver.com comes with several tax benefits that make it an attractive investment opportunity. Diversifying their portfolio with precious metals like silver, investors can potentially safeguard themselves against market volatility and inflation. 

Investing in silver through a Precious Metals IRA allows individuals to take advantage of the long-term growth potential of this valuable metal.

To set up a precious metals IRA with Silver.com, interested parties can visit their website or contact them directly for consultation and guidance on the process.

With access to a wide range of IRS-approved products and secure storage options for these precious metals, Silver.com ensures that investors have a reliable platform for building and managing their retirement savings.

Engage your audience further with these three points:

  1. Diversifying retirement portfolios: A Precious Metals IRA offers individuals an avenue to diversify their investments beyond traditional assets.
  2. Tax advantages: Investing in silver through an IRA carries various tax benefits that can enhance long-term returns.
  3. Long-term growth potential: By investing in silver within an IRA framework, individuals have the opportunity to benefit from the potential growth of this valuable metal over time.

Remember to visit Silver.com or reach out directly for more information on setting up a Precious Metals IRA and exploring its advantages in detail.

Storage Options

When considering the storage options for precious metals, investors are presented with the opportunity to protect their valuable assets in approved depositories. Secure vaults offered by reputable precious metal storage companies are a popular choice due to their enhanced security measures and insurance coverage.

These vaults are specifically designed to safeguard precious metals from theft, damage, or loss. They often have state-of-the-art surveillance systems, armed guards, and controlled access protocols.

Alternatively, some investors may opt for home storage as it allows them direct control over their assets. However, this option comes with its own set of risks and challenges such as the need for adequate security measures and insurance coverage.

Storing large amounts of bullion at home can be inconvenient or even impossible for some individuals.

Another option is offshore storage which provides additional privacy and protection against potential confiscation or government interference. Offshore facilities are typically located in politically stable jurisdictions known for their strong financial infrastructures.

For those who prefer a more traditional approach, safety deposit boxes offered by banks can also serve as a viable storage option. But, it's important to note that not all banks allow the storage of precious metals in their safety deposit boxes.

When choosing a storage option for precious metals, investors should carefully consider factors such as security measures, insurance coverage, convenience, accessibility, and any associated costs before making a decision that best suits their needs and preferences.

Taxes, Fees, and Shipping

Taxes, fees, and shipping are important considerations when purchasing precious metals from an online dealer like Silver.com.

To provide a seamless buying experience, Silver.com charges sales taxes on items shipped to 46 different states and the District of Columbia, excluding Delaware, Montana, New Hampshire, and Oregon. Customers residing in these states must personally pay the state sales tax. The sales tax associated with storing bullion in a different state than the customer's residence will apply.

In terms of fees, Silver.com offers competitive pricing for their products. The fee above the spot price varies depending on the payment method chosen by customers. Checks and wire transfers have lower fees compared to credit card and PayPal payments. Cryptocurrency falls somewhere in between.

For shipping options, Silver.com ships orders either through UPS or the US Postal Service based on efficiency. Signature verification is required for orders totaling more than $1,000 as a security measure.

Shipping times vary but typically range from 1 to 4 business days after being shipped from their Las Vegas location.

Regarding insurance coverage and returns, it is advisable to consult Silver.com's specific policies for detailed information about insurance coverage during transit and their return policy.

  • Taxes and fees: Sales taxes charged on items shipped to most states except for Delaware, Montana, New Hampshire, and Oregon.
  • Shipping options: Orders shipped via UPS or US Postal Service depending on efficiency.
  • Insurance coverage: Specific policies regarding insurance coverage during transit should be reviewed.
  • Return policy: Detailed information about Silver.com's return policy can be found on their website.

Ratings, Complaints Reviews, and Overall Trustworthiness

Assessing the ratings, complaints, reviews, and overall trustworthiness of Silver.com provides valuable insights into customers' experiences and perceptions of the company's services. Various business rating agencies have given mixed ratings to Silver.com, indicating a range of customer satisfaction levels.

The Better Business Bureau (BBB) has accredited Silver.com and awarded it an overall rating of 4.7 out of 5.

But, on Trustpilot, the overall rating is lower at 3.2 out of 5. 

An even lower rating of 1.96 out of 5 can be found on SiteJabber.

Customer complaints primarily revolve around shipping-related issues experienced while dealing with Silver.com. Many customers have expressed frustration over lengthy shipping times for their orders, with some waiting for weeks before receiving their products.

Some customers reported receiving damaged items upon delivery, while others struggled to obtain timely shipping information from the company's service team.

It appears that customers can find a wide variety of affordable products on Silver.com; however, they may need to exercise patience when awaiting delivery.

The online reputation of Silver.com is somewhat tarnished by these shipping-related issues and difficulties in obtaining prompt responses from customer support. Potential customers should consider these factors when assessing the trustworthiness and reliability of Silver.com's services.

Pros and Cons of Silver.com

Evaluating the advantages and disadvantages of Silver.com provides valuable insights into the overall experience and offerings of the online platform.

When considering the pros and cons of Silver.com, several factors come to light:

  • An extremely wide selection of products, particularly in silver, is available on Silver.com. This offers customers a diverse range of options to choose from when investing in precious metals.
  • Prices on Silver.com are generally lower than those offered by competitors for similar items. This affordability factor makes it an attractive option for individuals looking to purchase silver at a reasonable cost.
  • Shipping rates on Silver.com are low, making it convenient for customers to have their purchases delivered right to their doorstep without breaking the bank.

There are also some drawbacks associated with using Silver.com:

  • Customers have reported frequent and significant shipping delays when ordering from Silver.com. Some customers have received damaged items upon arrival. These issues can negatively impact customer satisfaction and trust in the platform.
  • The customer service team at Silver.com is reportedly unresponsive to requests, particularly regarding shipping inquiries. This lack of responsiveness can lead to frustration among customers who require assistance or clarification regarding their orders.
  • It should be noted that shipping services provided by Silver.com are limited only to the United States, which may restrict access for international customers.

While there are notable benefits such as a wide product selection, competitive prices, and low shipping rates on Silver.com, there are also downsides related to shipping delays and unresponsive customer service.

These factors should be taken into consideration when evaluating the overall strengths and weaknesses of using this online platform for purchasing silver products.

FAQs

What are the phone numbers to call when you want to work with Silver.com? 

When it comes to customer support, Silver.com provides two phone numbers for different purposes. For general orders or setting up a precious metals IRA, customers can call 1-888-989-7223. To sell precious metals to Silver.com, the dedicated phone number is 1-866-898-4805. Representatives are available Monday-Friday from 8:00 AM to 6:00 PM Central Standard Time.

Which payment methods does Silver.com accept? 

In terms of payment methods, Silver.com offers flexibility by accepting credit or debit cards, paper checks, eChecks, bank wire transfers, PayPal, as well as cryptocurrencies such as Bitcoin and Ethereum.

Are Silver.com’s deliveries insured?  

Silver.com ensures that deliveries are insured through their in-house insurance policy. Each order remains insured until it is delivered and signed off by the recipient. In case of loss or theft during transit, Silver.com takes responsibility and promises to work towards locating the order. If unsuccessful in locating the order, customers can expect either replacement orders or refunds.

While information on product quality may vary depending on specific customer experiences and preferences for silver bars/coins or other bullion options offered by Silver.com; however overall reviews tend to be positive regarding the company's products.

Conclusion

Altier Rare Coins is a reputable company based in South Florida that offers a wide range of services for buying and selling rare coins, precious metals, and performing estate appraisals. Led by Justin Altier, the company has gained a solid reputation for their professionalism, knowledge, and fair pricing.

They provide comprehensive customer service with on-site numismatists to authenticate each coin and offer multiple payment options.

While they do not offer certain services like a gold IRA account or the option to purchase rare coins, Altier Rare Coins focuses on helping collectors, investors, and anyone looking to buy or sell coins increase their profits.

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