US National: Wholesale Bullion

Highly Recommended in Class

The following national precious metals dealers are also highly recommended for buying precious metals bullion at a wholesale level:
 

What to Look For When Buying Wholesale Bullion at Scale

Buying bullion at scale isn’t just about getting a better price per ounce — it’s about securing value, ensuring safe delivery, and making the right strategic choice based on whether you’re investing or reselling.

Mistakes at this level can be costly, so knowing exactly what to look for will keep you ahead of the game.

The biggest advantage of wholesale purchases is cost efficiency, but true value goes beyond a simple bulk discount. Major dealers, refineries, and mints often offer tiered pricing, meaning the per-ounce cost drops at higher quantities. However, pricing alone shouldn’t dictate your decision — consider:

• Premiums & Spot Price Locks: Ensure your order is locked at the spot price with a competitive premium. Some wholesalers allow pre-lock pricing, meaning you can secure today’s price for future delivery.
• Dealer Spreads: A tight bid-ask spread ensures you’re not paying excessive markups when buying or losing value when selling back.
• Hidden Fees: Because margins are typically very tight, some wholesalers add fees for wire transfers, insurance, or even warehouse retrieval — always factor these into your total cost.

Safety & Security – Avoiding Risks in Large Transactions

Wholesale bullion deals involve significant sums of money, making security a top priority. Some key considerations:

• Reputation & Trustworthiness: Always deal with established suppliers with a track record of fulfilling large orders without delays or excuses. Verify memberships in industry bodies like the LBMA (London Bullion Market Association).
• Fraud Protection: Avoid “too good to be true” deals from unverified sources. Stick to wholesalers with insured transactions and secure payment processing.
• Authentication & Assay Certificates: When dealing in bulk, you must guarantee authenticity. Look for bullion that comes with an assay or refinery certification, particularly for high-value gold and silver bars.

Logistics & Delivery – Getting Your Bullion Safely to You

Wholesale bullion orders mean large, often weighty shipments, and logistics matter:

• Shipping Costs & Insurance: Volume wholesale buyers often get free or reduced shipping, but always ensure full insurance is included. If a dealer won’t cover loss or damage in transit, walk away.
• Secure Delivery Methods: Armored transport is a must for large shipments — reputable dealers often work with companies like Brinks or Loomis.
• Warehouse Storage Options: Some wholesalers allow direct storage at insured vaults, either for a small fee or included in the price. This can be a smart move if you’re planning to resell later.

Buying for Investment vs. Buying for Resale

Wholesale bullion buyers are typically buying as an investment, or to sell retail. Your end goal determines your buying strategy.

• For Investment: Focus on LBMA-approved bars and widely recognized coins like 1kg gold bars, 100oz silver bars, or American Eagles — these are easy to store and sell.
• For Resale: Liquidity is key. Fractional and commmon-size gold bars, well-known coins, and branded bullion (e.g., PAMP, Valcambi, Credit Suisse) tend to sell faster. If you’re reselling, aim for bullion that matches your market demand. Wholesale products at scale suit broad general markets – but in a crowded market niche products can command a higher premium – at the expense of liquidity.

Buying bullion at scale is a strategic move that, when done correctly, offers serious financial benefits. Whether you’re stacking for long-term investment, flipping for retail profit, or looking to hedge against inflation, the key is knowing who to trust, how to secure your metals, and where to get the best value.

Choose wisely, and wholesale buying can give you an edge over the retail market — protecting your wealth while maximizing your buying power.