The Risk of Ordering Silver Online

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Purchased Silver Bars Online

I purchased 4 small 5 oz bars from SD Bullion while crypto was high and everything appeared to go smoothly. I placed the order October 6th and a few days later I had a tracking number. It was estimated to arrive on the 14th.

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The Package Vanished?

So after a week of waiting, and with no package arriving, I checked the tracking information and found there was an attempt to deliver it on the 14th, but it somehow made it back to the hub. Hmmm... Ever since then, the package has been waiting "At a local FedEx facility".

Ut oh.

I contacted SD Bullion and as always, their service was excellent. The shipment is insured, so after an investigation, I may be able to recover the purchase value of the package. But that raises some questions... current silver value? Pay back cash or crypto? Or will they recover the package and all will be well?

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One of the Risks of Ordering Online

While SD Bullion did everything perfectly, they rely on their carriers to get product to their customers. FedEx is not all that reliable. The last track of the package was on the 16th and it hasn't been scanned in two weeks.

I have to wonder if this has to do with employee shortages, or just sheer incompetence. Either way it's a bit worry-some having a purchase float out there, seemingly gone.

I hope the next post on this topic will be showing some shiny bars!

I'm Reminded the Advantage of Buying from a Local Coin Dealer

Not only can you pay cash, but you walk out with the product. No need to rely on shipping companies and other people's hands and trucks to get it to you. Something to remember for the future.

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7 comments
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I have a bit of a silver story as well. Sold some on ebay shipped it out and it showed delivered and they guy tried coming after me that I didn't send it. I really think they where just trying to get me to send more told them to takeit up with the shipping company as it was insured. I stopped doing it after that though.

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Oh no, that's a terrible story. Once there is tracking information, the claim cannot be made the it was never sent. I don't blame SD Bullion at all, they've been great.

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Aww, I'm sorry they lost your package!
Luckily you can have a replacement shipped to you again.
Yes, there is a definite advantages buying your silver from a Local Coin Shop!
Take care, @ironshield!

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Yes, for their sake, I hope they don't have to ship out another set of bars!

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Ever since I started buying silver online only two P2P had vanished off the face of the earth. One of them happened to be the last Steem round I won in a giveaway, thought the Round wasn't registered but Ray Brockman was gracious to send a replacement. The original Steem silver round has still yet to show up. Intentional or not, the mail system isn't perfect.

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or just buy HEX, PULSE and LASSECASH!! No delivery company or other paries involved, shipped in 3 seconds :)

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