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As mentioned in a post last week I spoke as to how I was tired of being charged $2.50 over spot for generic rounds by both LCS's in the Eugene/Springfield, Oregon area. So in that earlier post I asked members their impressions of APMEX out of Oklahoma City since I see them sell on ebay often. Provident Metals out of N. Dallas, Texas also received high praise from board members as well. So last week I placed a (10) one oz generic silver round order from each business to test the waters.
Today I received the second order so here are my impressions of both companies:

APMEX: I placed my order last Monday morning and four hours later I received an email saying my 10 rounds had been shipped and they gave me the tracking#. The shipping cost was $12.95 for orders under $250. Three days after receiving that email the coins arrived in a small box, securely packaged, usps first class mail with delivery confirmation.

Provident: I placed my order last Tuesday morning and Wednesday evening (34 hours later) I received an email saying the 10 rounds had been shipped and they too gave me the tracking#. The shipping cost was just $8.95 (compared to Apmex's $12.95). Three days after receiving that email the coins arrived in a small box as well, securely packaged, usps first class mail (with signature confirmation) as opposed to Apmex's delivery confirmation only. Provident sends all packages valued over $50 with signature confirmation .

Bottom line: the same rounds were each .40 cheaper at Provident and Provident's shipping charges were 1/3 less than APMEX's and even with the cheaper shipping Provident also included Signature Confirmation which is very important to me.
APMEX did ship a full day quicker and both business had very polite and product knowledgeable customer service agents.

All in all I would highly recommend both outfits but I would give Provident a distinct advantage due to their cheaper product & shipping prices and I especially like the fact that they are very concerned with security evidenced by their throwing in signature confirmation even on small orders over $50. Hope this helps anyone else out their looking for quality companies to buy from.

next time order a "generic" $100 face of junk from each and tell us the results

as long as there's more than one (competition) the buyers emerge on the winning end.

Good post, Don.

beauanderos wrote:next time order a "generic" $100 face of junk from each and tell us the results

Homey doesn't play the "slick" game. I'll just keep it simple and stick to roll fresh generics

Now check out Monarch Precious Metals at 1.00 over spot on their rounds.

Z00 wrote:Now check out Monarch Precious Metals at 1.00 over spot on their rounds.

Thanks for the suggestion. The silver rounds I purchased from Provident were also .99 over spot and there was no minimum order. Merit has a $1500 minimum purchase requirement to get the .99 cent price. So in that regard I still like Provident better.

I have made several purchases from Provident and I am very satisfied with the service I have received from them.

pennypicker wrote:

Z00 wrote:Now check out Monarch Precious Metals at 1.00 over spot on their rounds.

Thanks for the suggestion. The silver rounds I purchased from Provident were also .99 over spot and there was no minimum order. Merit has a $1500 minimum purchase requirement to get the .99 cent price. So in that regard I still like Provident better.

Merit?

I said Monarch. No min. and they don't sell unless there is stock and the stock is listed on the site.

http://www.monarchpreciousmetals.com/in ... &Itemid=53

Z00 wrote: Merit?
I said Monarch. No min. and they don't sell unless there is stock and the stock is listed on the site.

http://www.monarchpreciousmetals.com/in ... &Itemid=53

Sorry about that. So many bullion companies out there its hard to keep track. Again thanks for the suggestion I will check them out.

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