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What Should I Know Before I Sell Gold or Silver?

GoldSilver’ Sellback Policy outlines everything you need to know before you place your sell order.

The GoldSilver Sellback Policy

Sellers are responsible for all shipping and handling costs. This includes costs associated with selling from storage accounts, if any.

Precious metals are most commonly shipped domestically via USPS Registered Mail, fully insured, with delivery signature required. It is the customer’s sole responsibility to ensure packages are properly insured, as we cannot be held responsible for the loss of metals in transit.

Customers are provided a contract number for each sellback they enter.

Once a sellback has been contracted, customers must log in to their account and open the associated Sellback Contract to enter the carrier and tracking number for each parcel within 1 business day of the sellback’s contract inception. Questions may be relayed to customer support.

Customers who do not comply with this requirement may have their transactions cancelled.

Please see our Market Loss Policy (#6) regarding our cancellation terms and agreements.

Customer payments will be issued by:

Bank wire transfer (optional in the US, required for all international sellbacks; $25 fee)

ACH/EFT/eCheck transfer (US only, no fee)

Physical check mailed Certified USPS (US only, no fee)

Payments will typically be made within 3 business days of the shipment’s arrival and verification; however, in rare cases they may take up to 10 business days. Verification timeframe varies based on vault transition capacity.

A social security number and or passport number will be required for all nonexempt IRS 1099 sellbacks.

In order to comply with anti-money laundering regulations, you may be asked to verify your identity prior to completing a sale of assets to GoldSilver or its trading partners, including but not limited to: a copy of your driver’s license, passport or other government issued ID matching the account records; an automated phone call or text message; or, a phone discussion with a GoldSilver AML/BSA-trained representative.

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Mary

Samantha is wonderful. I was nervous about spending a chunk of money. I asked her to `hold my hand’ and walk me through making my purchase.  
She laughed and guided me through, step by step. She was so helpful in explaining everything... 

A. Howard

Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

Sam was also very helpful! I called and was connected to Sam within 30 seconds. She helped me with a fee that was charged to my account. She had a great attitude and took care of the fee quickly.

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Get in Touch with GoldSilver Experts

    Michael G.

    Outstanding quality and customer service. I first discovered Mike Maloney through his “Secrets of Money” video series. It was an excellent precious metals education. I was a financial advisor and it really helped me learn more about wealth protection. I used this knowledge to help protect my clients retirements. I purchase my precious metals through goldsilver.com. It is easy, fast and convenient. I also invested my IRA’s and utilize their excellent storage options. Bottom line, Mike and his team have earned my trust. I continue to invest in wealth protection and my own education. I give back and help others see the opportunities to invest in precious metals. Thank you.