Things to Know About Shipping Colorado Gold

Some people collect gold because it is their hobby, and they are passionate about it. However, others consider gold and other precious metals as a form of investment to protect their portfolio and ensure a more stable financial future. Regardless of your interests and motivations, you need to research and know what you are dealing with regarding these assets. See more about whether you should buy gold or not on this site here.

The process of buying and selling gold has become common in the international setting. This means that these precious metals should be shipped and handled pretty carefully. They can be available from all parts of the world, and this is where you need to find a legitimate company that knows the ins and outs of precious metals trading.

Some of these companies will help you get a legally binding contract for your trade order. They also advise the sellers to ship within two days of receiving the order, and the prices are generally listed on their websites. You can check out the Colorado Gold on this site https://www.kingoldjewelry.com/colorado-gold-review/and get more information about the services that may be suitable for you. Most of them will issue a trade number so you can have an order that is fully insured. The shipment is using UPS, and you need to sign the paperwork after you have received your parcel.

Tips to Know about Shipment

1. Have an Idea of the Weight of the Total Shipment of Precious Metals

Aside from the standard postage, many carriers are now requiring you to buy insurance that is necessarily based on the weight of the parcel that you’re expecting. The type of shipping container and carrier that you should choose will depend on how small or big the entire package is. Know the weight of the coins or bars because it will be an added factor to the overall cost.

2. Packaging the Items Securely and Safely

Many carriers will wrap your package safely and securely, and some offer a double-walled box. Another thing is that you would not want the seller to cover your items and make it look obvious that they contain something valuable. For packing the coins, it is essential to make sure that they do not jiggle inside the container and that the bars should not move. 

Find a seller that is an expert in these kinds of shipments, so he or she does not write about the contents of the box. If the Post Office is used, the flat rate box can be an excellent option if you want to get the smaller coins shipped to your address first.

Filament or paper tape is also extremely useful for securing the seams and edges outside the box. They can serve as reinforcements during transport as well.

3. Buying Insurance

Precious items should always have insurance whenever they are shipped to a new location. Declare their total value before shipping to prevent massive losses. If there’s theft, missing, or lost cargo, the buyer will at least receive compensation. 

Others may offer jewelry shipping insurance from their chosen postal carrier but as always, make sure to declare the full value of the items even if it means added costs. There are also third-party carriers that may offer this insurance package and specialize in insuring collectible coins, so be sure to check them out.

4. Only Ship with a Trusted Carrier

Select the carrier that you always trust with the parcel. Request it from the seller whenever possible and research the different companies in another country if you are doing international transactions. You need a working tracking number to ensure that the parcels get to you securely and safely. 

Most carriers like UPS and FedEx offer international shipping services to various destinations across the world. Depending on the country and the price, they might even have priority mail shipped within 24 to 48 hours. 

The bulk orders for more valuable items are generally carried in armored cars, so you might want to research them. If the entire shipment is valued at $100,000 or higher, several high-security options are out there. This is ideal for commercial transactions and those who are purchasing gold bars and coins frequently and for a living. 

5. Tracking the Package

When you are using services like the Registered Mail offered by the Postal Service, it is possible to track and obtain a specific number for your parcel. Through their site, you can see the hand-off from one agent to another across all the warehouses to see if the package has already reached its destination. It is also very helpful to have a tracking number on hand if you’re going to receive a shipment from international countries.

6. Safe Delivery on the Intended Recipient

Safe delivery can be achieved by requiring a signature on the successful shipment of the product. This will make sure that you get the right shipment promptly. Be on the lookout for the business days that it will take for the parcel to arrive and expect it to arrive within the said time frame. Do a follow-up whenever necessary and always call the carrier and the seller if there are any other issues.

After receiving the gold and coins, you have the option to store them inside your home or keep it inside a deposit box at your local bank. Contact the best companies to help you out with the storage and know the fees beforehand if you want to invest in gold and other precious metals. Make it more liquid by selling it when the price is high and only buying internationally recognized assets.