flower-shilling

Unallocated Silver

Smithys Bullion - FINE GOLD AND SILVER
Sandy Gooch

Sandy Gooch

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Has anyone used the unallocated option as a means of storage, and then converted? Im curious to know what type of silver you get back, and whether you can choose (rounds or bars etc)
If so, were you a satisfied customer?
If you can convert at $1 under spot for silver that seems a reasonable prospect. I understand the 'if its not in your hand' part, but in other ways could be more secure.
 
I have used Bullion Now's unallocated.

When it comes to converting over, you buy something they have for sale and write in "Please use my unallocated to pay for this" and they issue an invoice with the difference between spot and what you bought.

I can't speak to other dealers
 
Bullion now unallocated program is good, the only issue is that there's no interface, so you can't see what you have easily, and you can only sell by phone call or email.
It is handy though, I use it for small buys that eventually get converted into kg bars.
 
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