Shipping precious metals can be stressful. You might be worried about your metals being stolen or lost in transit and hesitate to ship them at all. However, by following these tips, you can rest easier during shipping and ensure your investment stays safe.
Tip #1: Use Proper Packaging
Properly packaging your metals reduces the chance they’ll be lost due to poor packaging. Start by getting a box that is strong enough to resist the weight of your shipment. Lightweight corrugated cardboard is a great option for this as it is strong and will cushion your package.
If you’re shipping coins, tape them together or put them in a padded envelope so they don’t shift inside the package during shipping. Insert a packing slip listing the contents of your package, your contact information and the recipient’s contact information.
After packing your box, place it into a second box that is one inch larger in diameter. To further protect your precious metals, fill the space between the two boxes with packing materials and tape the second outer box securely.
Be sure to address your package label clearly so it reaches its destination safely.
Tip #2: Insure Your Package
Insuring your package through your carrier can help protect you should your package be lost or stolen. Keep a list of your box’s contents and photograph your metals in case you need to file an insurance claim.
Tip #3: Use A Trusted Carrier
When deciding on a carrier to ship your precious metals, choose a company with the experience and capabilities to ship precious metals.
Tip #4: Track and Ensure Your Packages Are Safely Delivered
Tracking your package is important as it allows you to watch the progress of your shipment on your phone or computer. It also allows you to require a signature when your recipient receives your precious metals. Once the signature is complete, you will likely get an email or text message letting you know, so you don’t have to wonder whether your shipment has arrived anymore.
Shipping Precious Metals Doesn’t Have To Be Scary
Although you should approach shipping precious metals with an abundance of caution and use proper planning, following these tips can help make it a safer process. By using proper packaging, insuring your precious metals, and choosing a trusted carrier, you can minimize many of the risks associated with transporting precious metals.