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 Replies: 23 / Views: 5,418 |
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Pillar of the Community
Canada
586 Posts |
I know Amex probably has a bigger reach and market share and has a crazy inventory, but Canada has similar platforms. I just did a quick google search and found this site. https://www.silvergoldbull.caNever bought from them, but look promising. |
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Valued Member
Canada
178 Posts |
I've made 3 or 4 purchases from silvergoldbull.ca, never had any issues. $20 shipping fee means you aren't going to place an order with them for just a few coins, I only buy from them if there's at least 5+ coins I want. Selection is good as well and seems to be improving all the time. One thing silvergoldbull just added, which APMEX always had and I've been waiting for, is old European and US gold coins. I've also placed orders with European sellers (such as aurinum.de) and have never been hit with brokerage fees. Maybe I've just been lucky? We definitely don't get the same selection and service in Canada but that goes for most products, not just precious metals... |
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Valued Member
Canada
128 Posts |
SILVERGOLDBULL has a pretty good selection ,I will probably order from them,I really liked the selection of older gold, thanks for finding.
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Pillar of the Community
  Canada
665 Posts |
@thehulk Thanks for this. Their selection is not yet as broad as APMEX but it is quite a bit broader than when I last looked over a year ago. I will definitely try this vendor. |
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Pillar of the Community
United States
4593 Posts |
A customs broker takes on significant risk and liabilities - large bond $ are required for the company and employees. Any screw up and the government issues large fines. The pricing, esp. the minimum fee reflect those costs.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
Canada
1051 Posts |
UPS has been sued in a class action lawsuit for their "brokerage fees". Their fees are ridiculous, sometimes amounting to more than the actual item itself. Never, ever use UPS to ship to Canada. Ever. FedEx is OK, but you're going to pay PST/GST or HST on your item every time. With USPS it's a roll of the dice, but it's frequently favorable.
SGB is good to order from. Shipping is free over $500, so just make sure you have enough in your basket to get over that amount.
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Bedrock of the Community
Australia
21788 Posts |
What I get out of this discussion,
If you are going to buy or sell bullion,
is to go personally to a specialist professional bullion dealer.
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Pillar of the Community
Canada
1051 Posts |
I ordered from MCM the other day and the shipping said "standard international", which ended up being UPS (uh-oh...should have paid more attention). My coin came in a padded envelope, and in the end cost me just over $61 for shipping and border fees. The coin itself cost me $105. $38 of the shipping was charged by MCM, $23 more was charged by UPS before they would release it.
Just another reminder to always, always, use USPS to Canada.
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Pillar of the Community
Canada
5244 Posts |
@sel is right. Go to a large coin show or dealer if at all possible.
Edited by oriole
02/23/2020 7:03 pm
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Pillar of the Community
Canada
1051 Posts |
It is a good idea, but some dealers charge too much...and in this case the coin I ordered was the latest high relief Wedge Tailed Eagle from Australia, which I haven't been able to find in Canada. I do love my eagles on coins!  |
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New Member
Canada
3 Posts |
I'm experiencing similar problems.
I have ordered two coins from Europe, both are fine silver and legal tender, for total about 780 CAD.
To UPS I should pay 135 CAD taxes - about 20%, when this type of coins is tax free, I also checked official Customs Tariff document.
I refused to pay, and now I'm trying to clear with customers service WHY should I pay.
Their first step was to reference me to Canada Customs, and Canada Customs as expected charges for declaration of content.
Now I'm trying to clear what UPS declared.
Anyway, I'm not going to pay, and I'll ask the dealer to ship it with other service when he gets it back.
My question is: Is it legal? I mean, UPS's charges? They claim my package is subject to taxes - no problem, please show me any document with explanation what I'm paying for.
They do not tell me (as for now).
I see it as 'theft', or 'theft attempt', is it possible to sue them?
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Pillar of the Community
 Canada
5394 Posts |
Said once , said a thousand times , NEVER , EVER
use anything but the POSTAL service , USPS, Canada Post
Royal Mail , etc ., if you wish to avoid these issues .
Insist on it or simply do not buy from sellers who use
only UPS , FedEx or the other private shippers .
You will save not only money but untold grief as well !
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New Member
Canada
3 Posts |
Sometimes you can't know what service will be used by seller.
And, BTW, I have a very good experience with DHL - fast, without any fictional charges.
Hope at least them will not take experience from UPS and Fedex.
But my question is again: Is it legal?
This is my item, I should not pay for it any additional fees, why do you charge me?
And if I don't pay, suppose they send it back. And let's imagine the seller refunds me and don't ship with other service.
I won these coins on auction, the regular price is higher, I loose money anyway, can I sue them for this?
Or, another situation: suppose, I'm dealer, I sold these coins and did not receive them because of UPS's charges - I loose money again.
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Pillar of the Community
Canada
5394 Posts |
Insist on Postal service or shop elsewhere.
Legal ? Yup it is , unfair but legal.
No you can't sue and if you could , throwing bad money
after good. Getting satisfaction but going broke doing it
is foolish at best .
Last but not least , a smart dealer never sells something he does not have
in inventory.
So repeat and rinse .......use the Postal service and you avoid a mess ..
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New Member
Canada
3 Posts |
I'm not a dealer, it was example.
It's common practice to sell coins before it released, pre-sale.
And BTW, I advise to contact shipping company (in my case UPS), and talk to them.
This is what I did, and now, according to UPS, they are going to remove these charges.
I asked to provide new invoice from the seller, with full description and tariff code, send it to UPS, etc,
but it's better than paying 135$ for nothing.
Hope the issue will be resolved soon, I'll update here if anyone is interested.
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Replies: 23 / Views: 5,418 |
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First Page
Posted 04/12/2019 3:42 pm
