Last Updated on August 10, 2023 by Ben
Are you looking for a conservative investment to protect your money? DBS Coins may be the perfect option for you! Precious metals are a sound investment and can provide peace of mind in uncertain economic times. With DBS Coins, you can buy and sell precious metals safely and securely. Don’t miss out on this chance to protect your finances!
DBS Coins – Your New Gold broker Choice or Not?
What is DBS Coins – Overview
DBS Coins is a company that sells precious metals. They provide products such as gold and silver. The company was founded in 2008 and has been in business for over 40 years. The company is a member of PNG, PCGS, and NGC.
Even though there is not much information about the people behind the company, BBB has listed David Smoler as the founder and president of the company. They are a family-operated coin and bullion distribution company that always tries to meet the needs of every buyer during every transaction. Do you need to buy something with money? DBS Coins can help with that. It has all the resources and capabilities to meet your needs.
Company Info & Background
DBS Group Holdings was originally started as The Development Bank of Singapore in 1968. It provided money for Singaporean companies and urban development projects. As the bank grew to incorporate overseas divisions in China and Southeast Asia, the name was changed to DBS in 2003 to reflect its role as a regional bank. Temasek Holdings is the largest minority shareholder in the company. The group has a network of over 2300 branches and self-service banking machines in Singapore. They also have the leading domestic market share in banking in Singapore.
Piyush Gupta is the CEO and director of the group. He has been in this position since 2009. Gupta has a lot of experience, as he was previously CEO of Citigroup’s Southeast Asia, Australia, and New Zealand operations. They are expanding their business under Gupta’s leadership. In 2014, DBS obtained Societe Generale’s private banking business in Singapore and Hong Kong for $220 million.
This strengthened DBS’ wealth management business which targets millionaires in Asia. The company was the first Singaporean bank to open a branch in China in 2007. At the moment, it has branches in 10 major Chinese cities, also 50 branches in Hong Kong.
DBS Coins help people buy gold, platinum, palladium, and silver. If you want to buy these things for your retirement account (IRA), the company will help you do that too.
The company is the place to buy gold, silver, platinum, and palladium coins that you can keep in your IRA. They also have collectible coins for people who like to collect them.
DBS Coins is committed to teaching the customers about coins and investing in precious metals. The website has an FAQs page with a lot of information on different areas. There is also a section of the website dedicated to “Common Bullion Glossary & Terms.”
How Does DBS Work?
There are two ways to order products: online or by calling and talking to someone who helps with the purchase. If you ever change your mind about selling your precious metals, they offer to buy them back from you.
You may purchase items online or by phoning in to speak with a vendor who can assist you. They’ll even buy back precious metals if you change your mind.
The products and services offered:
- American Eagle gold/silver coins
- Canadian Maple Leaf gold/silver coins
- American Gold Buffaloes
- Australian Philharmonic gold/silver coins
- Perth Mint Kangaroo silver/gold coins
- Pamp Suisse gold bars
- Johnson Matthey Silver/gold bars
These countries have storage facilities for precious metals:
The company also provides assistance with your Gold IRA. DBS Coins works with two custodians to help you manage your gold IRA.
The two custodians are:
- New Direction IRA.
- Gold Star Trust
The Products and Services Offered
American Eagle gold/silver Coins
The United States Mint released the Silver American Eagle Coin in 1986. It quickly became well-liked all over the world because it is made of .999 pure silver, making it one of the finest silver coins ever minted.
This coin is for people to trade with. The front has a design of an earlier coin called “Walking Liberty.” On the back, there is the bald eagle holding a shield. There are 13 stars on it too.
American Gold Buffaloes
The United States Mint is familiar for its innovation and forward-thinking, as well as its appreciation and respect for the nation’s history. These characteristics are all found in the gold American Buffalo coins. The gold American Buffalo coin was first minted in 2006. It is made of 24 karat gold, making it the purest gold coin minted by the United States Mint.
Canadian Maple Leaf gold/silver Coins
The Royal Canadian Mint is a respected producer of gold coins. The most famous coin they produce is the Gold Maple Leaf. This coin was first made in 1979, and it is made of 24 Karat gold that is .9999 pure. The Royal Canadian Mint sells over 25 million troy ounces of maple leaves. They are worth a lot of money, and you can carry them with you on vacation.
As of 2013, the Royal Canadian Mint began including a new laser security feature on all of their 1 oz. Bullion coins.
Perth Mint Kangaroo silver/gold coins
The Perth Mint has a considerable reputation for making high-quality gold coins and bars that investors and collectors all over the world admire. Each bar is guaranteed to be pure gold and has the correct weight by the historic Mint, which is owned by the State Government of Western Australia.
Australian Philharmonic gold/silver Coins
The Austrian Mint has been in business for over 800 years. It produces coins and currency that are innovative and interesting. One of the most popular products that the mint produces is the Gold Vienna Philharmonic coin. This coin was first created in 1990. The Gold Vienna Philharmonics is a gold coin that is made in Austria. The coins are .9999 fine or 24 karats. These coins are perfect and also backed and insured by the Euro. They are very popular, and people from other countries want them.
The Vienna Philharmonic coins feature imagery that celebrates Austrian cultural pride, including the Vienna Philharmonic Orchestra.
Johnson Matthey Silver/gold Bars
They have 100 oz of silver. It is .999 pure. The bars are made by different companies, like Johnson Matthey, Engelhard, Asahi, RCM, Perth, OPM, and Sunshine. All Bars are in good condition and have purity and weight stamped on them. Some Bars are perfect, but others may have some small dings, scratches, or spots. They will ship the Bars to you based on what is available.
Pamp Suisse Gold Bars
The Pamp Mint is famous for its bullion bars. They started in 1977 and made gold, platinum, palladium, and silver bars. One of the most popular designs is the “Fortuna” design or Lady Fortuna design.
We offer pure gold bullion bars. The purity of each bar is .9999 fine. PAMP is one of the most recognized and most desirable bullion refinery companies in precious metals in the world. Each bar bears the Fortuna design on one side and the industry mark along with its purity and weight on the reverse side.
Gold Star Trust
The first step for an “Individual Retirement Account” is to contact one of the approved IRA Custodians and open a “Self-Directed” account. They will provide all the necessary paperwork to open an account.
New Direction IRA
You will need to fund your IRA account with enough money to buy metals and also pay for storage fees. Each depository charges a small fee for storing the metals in your account. This fee is usually a fraction of a percent, and it covers the costs of insurance and accounting for the metals at the depository.
Is DBS Coins a Scam?
No, it is not a scam. It is a legitimate company, and they seem like a good choice in many ways. But if they are your best option out there, then there is another story.
So is this company a scam? The answer is no. They are a legitimate company that offers good products and services. Plus, the fact that it is a member of various organizations shows that it is a reputable company. As a company, it is not the best. The company doesn’t have a lot of ratings and reviews. It is not very good for large orders because there are limits.
DBS Coins Pros and Cons
- Free shipping on orders over $25
- Wide variety of products
- Member of the PNG, PCGS, and NGC
- Can order online
- Not BBB accredited
- It lacks a lot of ratings and reviews
- Limits on payment options
Augusta Precious Metals
Augusta Metals has been a family business for many years. They are privately owned, and they employ over 100 people. Augusta Metals is one of the leading producers of gold bullion in the US. You can buy their products in person or online.
The staff of Augusta Precious Metals is committed to assisting clients of all sorts in establishing a self-directed IRA that may safely store precious metals, which is something other traditional IRAs do not allow.
This firm assists customers in diversifying their retirement funds. This is a smart approach to managing the risk of making a mistake and losing money, such as inflation. They may buy gold and other metals from Augusta Precious Metals, which will be safer than keeping money in their bank account.
American Hartford Gold
American Hartford Gold is the trusted source for precious metal bullion. They offer high-quality products at competitive prices, and they’re open year-round! You can buy gold using a VISA or MasterCard; if you prefer cash, then come by their store to pick up your purchase in person–they also accept payment by bank transfer (online banking makes this option easy).
The American Hartford Gold Group, with staff, customer service, a website, and publications, can assist individuals in safeguarding and increasing their retirement funds.
The American Hartford Gold Group has a wide range of products and services to offer. It mostly sells gold in the form of coins or bullion, with additional precious metals such as silver and platinum offered on top for those who require them.
Trevor Gerszt founded Goldco in 2006. Trevor’s goal was to help each client make sound financial decisions so they could retire comfortably and successfully. The company’s major goal is to help consumers rollover existing retirement savings accounts, set up new Precious Metals IRAs, or buy coins and bullion for personal collections or investments.
Goldco is one of the initial companies to trade bullion over the internet. You can purchase gold with a credit card and have it shipped to your address.
The Better Business Bureau has given Goldco an A+ rating and a Triple-A ranking from the Business Consumer Alliance. They also have good ratings on review sites like Google and Trustpilot.
Precious metals are a great investment for retirement, and DBS Coins make it easy to buy gold and silver coins. Whether you’re looking to add diversity to your portfolio or want a safe place to store your savings, precious metals offer stability and security that other investments can’t match. With the ease of online shopping and secure storage through DBS Coins, buying gold and silver has never been easier.