ProvidentMetals has a rating of 2.6 stars from 44 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers dissatisfied with ProvidentMetals most frequently mention customer service and next day. ProvidentMetals ranks 19th among Coins sites.
Provident metal gold scam
1. False market loss charge
2. False market loss admin charge
3. No actual market loss
4. They wait until market drops then request the market loss charges
I chose them based on reviews but have had a lot of issues. I made around eight orders over the last year and had a problem on half the orders with very poor quality coins or damaged cases on items like coin proof sets. I also got 10oz silver bars that were supposed to be individually sealed where half of the packs were broken open. After requesting replacements for very poor quality coins or damaged items on my last order time they refused to replace a 1962 mint set that is severely tarnished (it should have never been sold at the full price of what a good quality set would cost with what I received being of such low quality) and they told me they will no longer replace ANY damaged items I receive from them in the future.
Obviously I told them how disappointed I was with them considering they are the ones who choose the products and package them for shipping. They do not use sufficient, and by that I mean hardly any, packing material to protect the products during shipping. If you are shipping a silver or gold bar that won't matter much but when shipping coins sets in plastic cases it matters a lot.
A good retailer who had sent broken and poor quality items to a customer so often should apologize for these issues and make assurances that it is not normal instead of telling that customer they will no longer fulfill the return policy they have purported to me so many times as their policy of replacing any damaged items.
Do not buy from these guys.
They are complete scam. When you call them the people that work there do not have a clue about what they are selling
Experience with site design: very user-friendly, easy for me to find products.
Experience with Seller: will recommend Provident Metals to anyone wanting to invest precious metals. I bought my silver dollars from them and got it within 3-4 days. I've purchased from another online dealer, my shipment came after 2 weeks. I've talked to the rep and he was very informative. Quite impressive, I would say :)
Answer: I heard the same thing. I would not buy from Provident Metals, especially when there are real companies out like APMEX and JM Bullion.
Answer: Not often because Provident Metals has terrible management that don't know how to keep things in stock.
Answer: Ive heard this from so many people at coin shows. Typical for Provident Metals. The management at Provident Metals seem to only care about themselves. They do not value their customers one bit. In this day and age you need to be treating your customers like gold. They definitely don't seem to understand that we can just go straight to a competitor. Provident Metals seems to only cares about what goes in their pockets.
Answer: No, because they have a lot to hide. I would RUN in the opposite direction.
Answer: So true. I've heard this from a lot of people. They keep all the good ones for themselves.
Answer: They sent me several worn-out/slick/wafer-thin US silver quarter-Dollars under the heading of "average circulated" condition. One of the coins was also riddled with "BB" indentations. I photographed the coins and emailed it to Provident; I was subsequently instructed to repackage the affected coins (at my expense) and send them back for replacement. At this point, only time will tell if Provident follows-through with their agreement to exchange the worn-out coins.
Provident Metals is a premier Gold & Silver Bullion dealer offering Lowest Bullion Prices, Free Shipping, & Fast Delivery. Call 800-313-3315 or visit us online!