DBS Coins is a well-respected dealer of precious metals that has been in business since 2008. The company’s team has over 40 years of experience in the precious metals industry. Their product offering is fairly limited but includes some of the most popular coins and bars. Though DBS Coins is not one of the most prominent dealers in the industry, they are respected by a large majority of their former customers and appear to be a trusted source for precious metals.
Their site is neatly organized and has a strong emphasis on customer usability. What’s more, their website also provides new collectors/investors with a plethora of information with regard to investing in metals and everything that comes along with it. This one-stop source of knowledge and metals is currently flying under the radar, but is undoubtedly a solid place to purchase precious metals.
DBS Coins Customer Service
DBS Coins staffs a customer service staff that is available by phone and email. If you would like to get in contact with their customer service agents, you are able to call toll-free at 888-327-9205. Their phone hours of operation are Monday-Friday 6AM-5PM PST, Saturday and Sunday 10AM-3PM PST.
If you do not wish to call in to customer service, you are also able to reach them via their email address, Sales@dbscoins.com. Though we are disappointed that DBS Coins does not have more avenues by which you can reach customer service, DBS customer reviews indicate that they are good at responding in a timely manner. Plus, their site is so easy to use and straightforward that we doubt you will experience many issues when browsing or purchasing.
DBS Coins Pricing
Despite the fact that DBS Coins does not have the widest product selection, their pricing is very competitive and right up there with others in the industry. For popular products such as Gold American Eagles and Silver Canadian Maple Leafs, there are few sites who offer better bulk prices. One of the things I did notice is that DBS really offers deals when you purchase bullion in bulk. In fact, a Monster Box (20 tubes of 25 coins; 500 total) of Canadian Silver Maple Leafs is significantly less expensive on DBS than it is on some other dealers’ sites—including sites that compete on low-cost.
At the end of the day, however, you need to complete your own research in order to ensure that you are getting the best bang for your buck. Simply because DBS offers extremely low prices today does not mean they won’t be beat by another site further down the road.
DBS Coins IRA Program
It’s never too early to begin planning for retirement, and what better way to insure a happy and healthy retirement than by purchasing precious metals? DBS Coins allows you to fund your own IRA directly through them and the products they offer.
DBS Coins’ IRA custodians are Gold Star Trust and New Direction IRA. Having a lot of IRA-approved bullion in stock, it is extremely simple to fund your IRA with DBS.
DBS Coins Shipping and Insurance Rates
DBS Coins offers a low cost and simple shipping process. Every purchase, regardless of price, ships for free. They also list on their site that every shipment will be fully insured during transit. For shipping, DBS utilizes the services of FedEx, UPS, and USPS.
Payment Methods Accepted by DBS Coins
Because ease of use is such a pervasive theme with DBS, it only makes sense that paying for your order is also simple. When you purchase bullion from DBS, you are able to pay for your order via the methods listed below. Though there are no minimum dollar-amount requirements for each payment methods, there are maximums. DBS Coins’ accepted payment methods are as follows:
- PayPal/Debit/Credit Cards (Visa, Mastercard, American Express, Discover) – $20,000 maximum
- Check – $30,000 maximum
- Bank Wire – $80,000 maximum
**For all orders over $80,000, you can call in and DBS representatives will coordinate your payment quickly and easily**
**A 2.8% discount will be applied to all orders paid for via check or bank wire**
Is DBS Coins a Scam?
One of the most common questions asked by someone who is either new to precious metals or has never dealt with the dealer in question is with regard to whether or not they are going to get scammed out of their money. With DBS Coins, the simplest answer is that, no, we do not believe this dealer is a scam. With many decades of industry experience, DBS has accrued an overall positive reputation amongst the people who have taken advantage of their services.
One complaint we did find was with regard to the long wait times incurred between when a customer placed an order and when they received their bullion. While no one wants to wait weeks on end to receive their bullion, stock-outs and overly stressed shipping channels sometimes cause unforeseen and unexpected delays. If you would like to receive a clearer picture with regard to when your bullion will arrive at your door, we recommend contacting DBS’ customer service.