DVM Silver and Gold is dedicated to your success and I will be happy to answer any questions that you may have. On my website, I have attempted to answer many of the most common questions that I have received. If you require further assistance, please feel free to contact me at 1-952-215-5402 or call for my e-mail address. Thank you for your interest in DVM Silver and Gold. I look forward to assisting you with your future precious metals (PM) needs. 

 

1.  WHAT PERCENTAGE OF MY PORTFOLIO SHOULD BE INVESTED IN PM?

            

As an investor you should always make your own decisions.  But at DVM Silver and Gold, I believe that 10% to 20% should be kept in tangible assets to maintain a properly balanced and diversified portfolio.  Tangible assets is one of the reasons why I started DVM Silver and Gold.  When I was selling 401(k) plans to companies and enrolling their employees - no one had tangible assets. 

2.  HOW ARE MY COINS SELECTED?
            

Your DVM Silver and Gold PM Broker will work with you to determine your investment goals and a comfortable amount for you to invest.  You choose the coins to create a portfolio which fit your objectives.

3.  HOW LONG SHOULD I HOLD MY COIN INVESTMENT?
            

Like other investments, rare coins run in cycles.  Prices can go up or down based on the condition of our economy and supply and demand. These cycles may last 5 to 6 years or longer.  So you should plan on committing your investment funds for at least that time frame.  You and your PM Broker can review your portfolio as often as the market makes it appropriate and when short term gains are developing, you may consider taking profits prior to the generally recommended holding period.  This is your choice to buy and sell when you want to.

4.  HOW DO I TRACK MY COIN INVESTMENT?
            

DVM Silver and Gold customers create a spreadsheet that uses current spot prices to value your portfolio of PM.   

5.  HOW EASY IS IT TO SELL MY COINS?
            

Coin investing has grown by leaps and bounds in the United States.  PM Bullion and Rare coins are among the most liquid and saleable tangible assets.  Should you decide to sell, DVM Silver and Gold has it’s client list (this list is not in any computer) to tap into (my clients opt in).  I have a supplier who will buy precious metals.  Finally, you sell it personally.   

6.  WHERE ARE COINS STORED?
            

Most people store their PM Bullion and rare coins in safe deposit boxes (not recommended, because banks have closed in the past during bank runs) at their bank or in a home safe. Some coins are sealed in tamper proof plastic cases and labeled with all pertinent information. Others come in plastic tubes that hold 20 to 30 coins.  Smaller orders and 1 oz bars come in plastic sleeves.  You should always keep your itemized PM Bullion and rare coin portfolio list up to date.

7.  WILL I BE CHARGED SALES TAX?

            

There is a sales tax for purchases made in Minnesota.  DVM Silver and Gold charges a tax rate of 7.375%, which is cheaper than my competitors located in the following Minnesota locations; 7.875% in Duluth, MN, 7.775% in Minneapolis, and 7.625% in St. Paul.  For the most part, out of state orders are not charged a sales tax by DVM Silver and Gold.      

 

8.  DO I NEED TO PURCHASE A MINIMUM AMOUNT? 

 

No, there is no minimum purchase required, but the more you buy decreases the small shipping charge on a per coin basis (per ounce).  Also, DVM Silver and Gold has a very low commission rate and discounts for big purchases. 

 

9.  WHAT IS BULLION?

Bullion (bul yen) synonym. precious metals n. precious metals such as gold, silver, platinum, and palladium manufactured in an acceptable form for trading, investing, or monetary purposes.  The form generally being bars, ingots, or coins, such as American Eagles, Canadian Maples, Heraeus ingots, etc.

 

10.  Do you sell my personal information?

No.  DVM Silver and Gold does not sell or lend your personal information, nor will a telemarketer call you on behalf of DVM Silver and Gold.  For your protection, your information is not stored on a computer.  For more information, please request DVM Silver and Gold’s Privacy Policy.  It will be e-mailed to you.

 

11.  DO YOU NEED TO REPORT MY PERSONAL INFORMATION TO THE SEC OR THE IRS?

 

No, but cash payments require form 8300 to be completed, if you buy more than $10,000 worth of PM with cash in a 12 month period.  That report will be filed with the IRS and you will be notified.  For more details, see the purchasing/selling section.

 

12.  HOW ARE PRODUCT QUANTY ERRORS HANDLED?

 

We are all human and humans make mistakes.  So, common sense applies:  If you received too much in PM product—you must return the difference or buy it (the greater of the current spot price or your original order price plus commission).  If you received too little in PM product—you will receive the difference to make your order whole.  Any other errors will be dealt with on the same common sense basis.  I know, computers don’t make invoicing errors, but the human input does.

 

DISCLAIMER

 

While investing in PM Bullion and rare coins can be fun, exciting and rewarding, certain risks are inherent to the market. Among these, is the risk of devaluation. The coin market is relatively small and subject to market pressures. Buy/Sell spreads and storage cost may also erode a coin's investment performance. While it is DVM Silver and Gold’s policy to assist the client by providing a liquid market, we cannot guarantee this market.

 

DVM Silver and Gold has taken every precaution to provide the most accurate information possible. However it is provided without warranty or claim of reliability. It is accepted by the site visitor on the condition that errors and or omissions shall not be made the basis for any claim, demand or cause for action. The information and data were obtained from sources believed to be reliable, but we do not guarantee its accuracy. It is the responsibility of the reader to perform proper due diligence before acting upon any of the information provided. 

 

Any order can be cancelled and account closed at any time for any reason by DVM Silver and Gold and a refund of money (if due) is paid to the customer. (examples; none payment, none payment of shipping, confirmed none receipt of shipment (must have purchased insurance on product for shipping to be refunded a dollar amount), etc…  On any canceled order and closed account, DVM Silver and Gold is not responsible for any gain or loss due to the price of precious metals. metals to the customer).

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