1. Same story, different day...........year ie more of the same fiat floods the world
    Dismiss Notice
  2. There are no markets
    Dismiss Notice
  3. Week of 6/24/2017 Closing prices & Chg Over Last Wk---- Gold $1256.40 Silver $16.64 Oil $43.01 USD $96.94
  4. "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"
    Dismiss Notice

Provident Metals Dealer Rating

Discussion in 'PM Dealer Feedback' started by Scorpio, Mar 31, 2010.



?

How do you rate this dealer?

  1. * One Star

    4 vote(s)
    2.3%
  2. ** Two Star

    9 vote(s)
    5.1%
  3. *** Three Star

    10 vote(s)
    5.6%
  4. **** Four Star

    32 vote(s)
    18.1%
  5. ***** Five Star

    122 vote(s)
    68.9%
  1. andial

    andial Sir Midas Member Site Supporter ++

    Joined:
    Apr 1, 2010
    Messages:
    9,813
    Likes Received:
    9,623
    Trophy Points:
    113
    So are you bringing in faucets to a scrap yard and getting Bitcoin money for the brass SA?
     
  2. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

    Joined:
    Sep 4, 2011
    Messages:
    4,118
    Likes Received:
    2,316
    Trophy Points:
    113
    Occupation:
    Silver Art Bar Hoor
    Location:
    Tennessee
    See my thread titled "Converting free bitcoin into physical silver (no frns needed)" that is located in the digital currencies forum of GIM2. The faucets that I am referring to are the bitcoin faucets that you can get free bitcoin from. I use that free bitcoin to buy physical silver from Provident Metals since they accept bitcoin as payment.
     
  3. gringott

    gringott Killed then Resurrected Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    13,101
    Likes Received:
    15,108
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    N/A
    Location:
    You can't get there from here.
    Went through the process the other day of being registered as a veteran at Provident. Not too tough, so this afternoon I made a purchase, very easy.
    The only issue is that you must make your order during business hours, my past orders I think have always been late at night or early in the morning or on the weekend. But the savings should be worth it.
     
  4. Mr Paradise

    Mr Paradise Midas Member Midas Member

    Joined:
    Dec 3, 2011
    Messages:
    6,681
    Likes Received:
    6,926
    Trophy Points:
    113
    Location:
    Lake Superior
    Having to talk to a live body to get the VA discount is my only issue with Provident also Kentucky, other than that it's 5 starts especially since I can echeck now also. I've been sticking with the prospectors lately. Attractive design, popular with the rank and file, 60 cents or so over spot and the buy back spread is the same as the ASE's but $2 cheaper.
     
    gringott likes this.
  5. louky

    louky Silver Member Silver Miner

    Joined:
    Jun 8, 2014
    Messages:
    3,408
    Likes Received:
    1,661
    Trophy Points:
    113
    Location:
    Bluegrass
    I'm glad the VA discount is working out for you guys. Shameful that other dealers haven't jumped on board with it to be quite honest.
     
    gringott likes this.
  6. gringott

    gringott Killed then Resurrected Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    13,101
    Likes Received:
    15,108
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    N/A
    Location:
    You can't get there from here.
    I tried the echeck thing also for the first time. I have always mailed a check, so hope it works well. I picked up a prospector to have a look at one. Also broke down and bought one of those privy Maples with the tank on it, early birthday shopping for my son the Tanker. I'm collecting the 2 oz Pirate series, so got the new one "walking the plank" lol.

    Tell the truth, louky, surprised they are offering it. The pm business seems to be pretty tough on the margins. If someone here hadn't mentioned it a while ago, I wouldn't know about it. In fact, I didn't follow through to sign up until when Mr. Paradice did it and posted about it, thought I'd give it a shot.

    I will say I have always liked purchasing everywhere without human interaction, in fact I got kind of a phobia about it. But the people I talked with a Provident, both the lady who helped me sign up and the first lady who took my order were super polite and all business, no upselll etc. Great experience so far.
     
    Mr Paradise likes this.
  7. louky

    louky Silver Member Silver Miner

    Joined:
    Jun 8, 2014
    Messages:
    3,408
    Likes Received:
    1,661
    Trophy Points:
    113
    Location:
    Bluegrass
    I'm the one who discovered and shared that little nugget

    Nice hidden gem, from the depths of reddit :inspector:

    Kind of strange their CEO Joe would divulge it there of all places

    Still don't find it mentioned on their site now, a year later from when he posted. Though he did mention stolen valor originally as the reason they don't advertise it.

    Joe's cousin is a SEAL, so yeah, it's just them paying back out of respect. No funny business.
     
    Last edited: Aug 27, 2016
    gringott likes this.
  8. louky

    louky Silver Member Silver Miner

    Joined:
    Jun 8, 2014
    Messages:
    3,408
    Likes Received:
    1,661
    Trophy Points:
    113
    Location:
    Bluegrass
    Another pro tip on VA discount. The easiest way is to load your cart on their website. Then you call them after. From there they can simply view your cart to place the order.
     
  9. gringott

    gringott Killed then Resurrected Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    13,101
    Likes Received:
    15,108
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    N/A
    Location:
    You can't get there from here.
    Thank you louky, I couldn't remember who informed me. When Mr. Paradise brought it up again I thought I'd take a shot.
    It's not on the site as far as I know, and yes, the rules seem to be very stringent, and I don't blame them.

    That is the exact procedure I followed. My cart emptied before my eyes as she processed the order.
     
  10. 97guns

    97guns Gold Member Gold Chaser

    Joined:
    Jul 29, 2010
    Messages:
    1,367
    Likes Received:
    1,079
    Trophy Points:
    113
    Gender:
    Female
    Occupation:
    RETIRED
    Location:
    USA
    sold my first order to provident last week and everything went through without a hitch, they were the best pricing around and they wired the money the day after tgey received the goods
     
    gringott and southfork like this.
  11. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Purchased Paypal, order of container with containers in it, from China last weekend.
    Arrived on tuesday like lightning.
    Came with 2 lollipops, fridge magnet, and advertising as well.
    I do not touch corn syrup candy, or anything with such poison, fridge is blank as should be, and no way
    am I going to be influenced to buy specialty rounds, like 90's baseball cards they are... far to many.
    Nice effort, wasted upon me personally.
    Also adds to business's cost which traditionally is placed upon... yep you guessed it.
    Remark value only, not bitchn.
    Will request no add-ons next purchase.
     
  12. Mr Paradise

    Mr Paradise Midas Member Midas Member

    Joined:
    Dec 3, 2011
    Messages:
    6,681
    Likes Received:
    6,926
    Trophy Points:
    113
    Location:
    Lake Superior
    I don't mind the free t-shirt they send with my orders.
     
    gringott likes this.
  13. goldielox1

    goldielox1 Silver Miner Seeker

    Joined:
    Jun 20, 2013
    Messages:
    661
    Likes Received:
    496
    Trophy Points:
    63
    Had my first problem order with Provident ever after multiple successful orders. Received a pretty ratty new coin. They made me jump through a lot more hoops than I would have liked considering the business I've thrown their way. Did finally get a label to return it though.

    Also have yet to receive a free t-shirt despite some pretty big orders.
     
  14. gringott

    gringott Killed then Resurrected Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    13,101
    Likes Received:
    15,108
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    N/A
    Location:
    You can't get there from here.
    The Omaha steak I got last time was excellent.
     
  15. goldielox1

    goldielox1 Silver Miner Seeker

    Joined:
    Jun 20, 2013
    Messages:
    661
    Likes Received:
    496
    Trophy Points:
    63
    Man you guys get all the good stuff!
     
    gringott likes this.
  16. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43

    "You Bastard !" - South Park, ha!
    I do not wear any logo clothes, or I pick the stitched embroidery from top Q garments, F - 'em.
    Secondly, awareness is increasing in my locality in regards to metals and just like no logo...
    I'd say you loco with target on back, or front, or both.
    None the less sweet bonus, if it is 100% cotton long sleeved for solar UVA/UVB protection SPF8.
    Gotta live long enough for these metals to catch up to inflation, right?
     
    gringott likes this.
  17. goldielox1

    goldielox1 Silver Miner Seeker

    Joined:
    Jun 20, 2013
    Messages:
    661
    Likes Received:
    496
    Trophy Points:
    63
    1) Wear it as a night shirt or
    2) use it to pick up gold digger chicks.
     
    gringott likes this.
  18. gringott

    gringott Killed then Resurrected Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    13,101
    Likes Received:
    15,108
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    N/A
    Location:
    You can't get there from here.
    I use give away t shirts as shop rags.
     
  19. goldielox1

    goldielox1 Silver Miner Seeker

    Joined:
    Jun 20, 2013
    Messages:
    661
    Likes Received:
    496
    Trophy Points:
    63
    Got my replacement coin in the mail. It was in good shape. They were nice enough to put it in a capsule but of course I wanted to inspect the coin so capsule was scratched up prying it open and is now in the trash. Would have preferred they throw the capsule in the box without loading the coin.
     
  20. Mr Paradise

    Mr Paradise Midas Member Midas Member

    Joined:
    Dec 3, 2011
    Messages:
    6,681
    Likes Received:
    6,926
    Trophy Points:
    113
    Location:
    Lake Superior
    The premium on the prospectors bumped up 10 cents. :-(
     
  21. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Ordered for giftmas Kooks since the Krugs have failed.
    Arrived quickly, well packed, and ready for wrapping.
    They were selling them for lowest or close to lowest price.
    I dare say I like the look of the Koalas better this year '17 as a horizon is in the background.
    Kooks are on a "Fennccce innnn SssPaaaccce" - set to "Pigs in Space" - Muppets
     
  22. eggman

    eggman New Member

    Joined:
    Apr 7, 2010
    Messages:
    9
    Likes Received:
    3
    Trophy Points:
    3
    How is selling to Provident? Looking for a replacement for Bullion Direct's Nucleo, which is where I had been making all may sales.
    eBay just got too expensive, but still an option. Premiums are good but then costs are about 10%.
     
  23. Usury

    Usury Gold Chaser Platinum Bling

    Joined:
    Apr 1, 2010
    Messages:
    3,856
    Likes Received:
    2,915
    Trophy Points:
    113
    Only bought...never sold to them. Buys were good though. I would not be afraid to sell to them if I needed.
     
  24. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Order done in a week literally, and I live across the country.
    Mailed in USPS money order payment on saturday 7th.
    Order received to PO Box saturday morning the 14th
    Double box packaging thank god, as there was puncture hole in outer box.
    All of order was A+
     
    gringott likes this.
  25. platinumdude

    platinumdude Gold Chaser Platinum Bling

    Joined:
    Mar 31, 2010
    Messages:
    3,360
    Likes Received:
    2,237
    Trophy Points:
    113
    Yeah, my kangaroos were shipped double box, plus a large hard plastic case. It was heavy enough I thought they might have accidentally shipped some silver.
     
  26. 00nightstorm

    00nightstorm Seeker Seeker

    Joined:
    Mar 31, 2010
    Messages:
    283
    Likes Received:
    154
    Trophy Points:
    43
    Ordered on the 3rd... label printed on the 9th late afternoon, which probably means it will leave tomorrow the 10th. Provident has been good in the past but 7 days to ship is unacceptable in my opinion. They must be having some high volume right now.

    JM clears bitcoin payments immediately and it is shipped out the same day. Get your act together Provident!
     
  27. 97guns

    97guns Gold Member Gold Chaser

    Joined:
    Jul 29, 2010
    Messages:
    1,367
    Likes Received:
    1,079
    Trophy Points:
    113
    Gender:
    Female
    Occupation:
    RETIRED
    Location:
    USA

    In the past couple months I've dumped off around $30k worth of stuff to them, every order was logged as soon as they received it and payout has usually been same day as they receive but the last few orders they used their specified 1-3 day payout and paid me on the 2nd or 3rd day
     
    gringott likes this.
  28. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Fire in the HOLE !
    $19.62 ea any amount CDN 1 oz .9999 silver 5 blessings coin.
    Just sold 1885 EF Newfoundland Dime, and going for coin weight.
    Provident does not list mintage of this coin, not that it truly matters.
    They are just "legally labeled"rounds as far as I am concerned.
    Anyone know?
    I can only find 2014 references to mintage, 8500.
    Going snail mail money order tomorrow, report follows upon delivery.
    Silver gonna tank monday and tuesday now after I expended my 1000% profit.
     
    gringott likes this.
  29. TomD

    TomD It blowed up, y'all Platinum Bling

    Joined:
    Mar 30, 2010
    Messages:
    3,910
    Likes Received:
    4,894
    Trophy Points:
    113
    Occupation:
    construction, engineering
    Location:
    Florida Panhandle
    I've noticed that their premiums have bumped up to pretty close to par with APMEX. Up to a year or less ago, you could buy generic from Provident for a couple of per cent cheaper.

    Bought from Provident and APMEX recently with no problems but I have to admit that Provident's proprietary generic Lunar silver is REALLY nice and sold at generic price.

    [​IMG]Silver Coin by Tom, on Flickr

    [​IMG]Year of the Rooster silver coin by Tom, on Flickr
     
  30. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43

    All be here.
    Came in a padded bag in a Priority Mail box, solid and silent.
    Everyone of them condomized in plastic, 10 per sheet.
    Look more attractive in person and have me thinking gold, due to condomization.
    5 stars for Provident.
    Longest slowestness.... ... ... ... yep, mailing the money order.
    Wow, many many ponies, old ponies, with no shoes or food.

    I sold more items on Ebad, mc exhaust, metal detector, '30s hamilton etc.
    Paypal balance is chaffing for silver to drop to, well let's say... $16 !!
    The 5 Blessings coins I ordered are the least expensive coins I can find.
    Provident Metals remains King O' Deals.
     
    gold4278 and gringott like this.
  31. goldielox1

    goldielox1 Silver Miner Seeker

    Joined:
    Jun 20, 2013
    Messages:
    661
    Likes Received:
    496
    Trophy Points:
    63
    Is Provident affected by the news from Elemental Mint? I don't know the legal structure or how they're connected exactly.
     
  32. platinumdude

    platinumdude Gold Chaser Platinum Bling

    Joined:
    Mar 31, 2010
    Messages:
    3,360
    Likes Received:
    2,237
    Trophy Points:
    113
    Last edited: Apr 8, 2017
    gringott likes this.
  33. gringott

    gringott Killed then Resurrected Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    13,101
    Likes Received:
    15,108
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    N/A
    Location:
    You can't get there from here.
    According to this story at ZH Provident is owned by Elemetal. They are listed on the Elemetal site as their firm - https://elemetal.com/online A quick look at Provident, didn't see any NTR products. Some of the special silver series are from Elemetal. I have no idea if they are getting new stock or not. I suspect the Provident branded products are made by Elemetal. I wondered who owned Provident when it moved and a lot of stuff changed. I also noted OPM = Ohio Precious Metals is owned by Elemetal. I had wondered what happened to them as well. Looks like Elemetal was on a buying spree the last few years.

    http://www.zerohedge.com/news/2017-...-its-tracks-and-why-isnt-gold-higher-update-1

    Here's a list of firms under the Elemetal umbrella, I bolded Provident:
    • Echo Environmental Waverly LLC (subsidiary of Elemetal LLC)
    • Elemetal Capital, LLC (wholesale trading of physical, derivatives, Forex)
    • Elemetal Diamond, LLC (diamonds)
    • Elemetal Direct (described as recycling/refining, and direct-to-customer locations, and NTR Metals)
    • Elemetal Direct Americas, LLC (was NTR Metals (Americas), LLC until June, 2015)
    • Elemetal Direct USA, LLC
    • Elemetal Fabrication, LLC (was Pete's Custom Metal, Inc., then NTR Custom Metals, LLC)
    • Elemetal Insurance and Logistics, LLC (unknown)
    • Elemetal Management (unknown)
    • Elemetal Mint (private minting of bars/coins)
    • Elemetal Minting, LLC (perhaps Elemetal Mint is a DBA of this LLC?)
    • Elemetal Online (Provident Metals)
    • Elemetal Recycling, LLC (processing electronic waste; was Echo Enivironmental)
    • Elemetal Refining, LLC (was OPM Metals, a/k/a Ohio Precious Metals)
    • Elemetal USA, LLC (unknown purpose)
    • Elemetal Vault (vault service, trading)
    • Provident Precious Metals, LLC
    • NTR
      • NTR Bullion Group, LLC (owned by NTR Metals, LLC; handled physical metals transactions)
      • NTR Futures (owned by NTR Metals, LLC; handled futures contracts)
      • NTR Metals (d/b/a only?)
      • NTR Metals, LLC
      • NTR Metals (Americas), LLC (now Elemetal Direct Americas; Sam Lewis, President)
      • NTR Metals Belgium Holdings, LLC
      • NTR Metals Canada Ltd. (dissolved 18 Jul 2013)
      • CI NTR Metals Colombia S.A.S. (founded 24 Aug 2011)
      • NTR Metals Europe, LLC
      • NTR Metals Group, LLC
      • NTR Metals HK Ltd
      • NTR Metals (Hong Kong) Limited (started October 2009)
      • NTR Metals International, LLC
      • NTR Metals Investments, LLC
      • NTR Metals (UK) Ltd. (is/was wholly owned by NTR Metals International, LLC)
      • NTR Metals Latin America (parent company of NTR Metals Zona Franca S.A.S; President Mr. Barrage)
      • NTR Metals Miami, LLC
      • NTR Metals Pacific Rim, LLC
      • NTR Metals Real Estate, LLC (appears to own 10720 Composite Drive, Dallas)
      • NTR Metals South America, LLC
      • NTR Metals Texas, LLC
      • NTR Metals USA, LLC
      • NTR Metals West, LLC
      • NTR Metals Zona Franca S.A.S. (Columbia; subsidiary of Elemetal, LLC)
    • DGSE Companies, Inc. (Elemetal is a majority shareholder; had 69 employees as of December 31, 2015)
      • Dallas Gold & Silver Exchange, Inc. (9 stores around Dallas; now just 4?)
      • Charleston Gold & Diamond Exchange, Inc. (1 store in Mount Pleasant, SC)
      • Fairchild International (wholesale watches; website not responding 14 Mar 2017)
      • Southern Bullion a/k/a Southern Bullion Coin & Jewelry (defunct; acquired in 2011 with 23 locations)
      • SBT, Inc. (Southern Bullion Trading, related to Southern Bullion Coin & Jewelry, Inc.; was owned by NTR)
      • U.S. Bullion Exchange (DGSE Company's online trading 'arm').
     
    Last edited: Apr 28, 2017
  34. goldielox1

    goldielox1 Silver Miner Seeker

    Joined:
    Jun 20, 2013
    Messages:
    661
    Likes Received:
    496
    Trophy Points:
    63
    Has anyone purchased from them in the last month?
     
  35. TomD

    TomD It blowed up, y'all Platinum Bling

    Joined:
    Mar 30, 2010
    Messages:
    3,910
    Likes Received:
    4,894
    Trophy Points:
    113
    Occupation:
    construction, engineering
    Location:
    Florida Panhandle
    Yes, not real large but I paid by CC and the order was shipped the 2nd day after being placed. Normal.

    Just read on the Elemetal mess, didn't know that. I hope Provident survives because they've become my favorite seller.
     
    Last edited: May 8, 2017
    gringott likes this.
  36. goldielox1

    goldielox1 Silver Miner Seeker

    Joined:
    Jun 20, 2013
    Messages:
    661
    Likes Received:
    496
    Trophy Points:
    63
    They were mine as well but won't be making any purchases for a while.
     
  37. Lylelovett666

    Lylelovett666 New Member

    Joined:
    Feb 22, 2017
    Messages:
    26
    Likes Received:
    24
    Trophy Points:
    3
    Gender:
    Male
    I've placed two orders. One shipped today & I just mailed the payment for the other today. I think they're ok for now. I'd keep an eye on things though.
     
    goldielox1 and gringott like this.
  38. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Maybe an extra eye or two as well.
    I see diversity reduction in some item categories.
    This could mean nothing, or as with previous companies, inability to restock.
    Inability to restock during a market wide sales decline, contradicts supply end of equation.
    Certainly, let us see Provident stride through and forth.
     
    gringott likes this.
  39. goldielox1

    goldielox1 Silver Miner Seeker

    Joined:
    Jun 20, 2013
    Messages:
    661
    Likes Received:
    496
    Trophy Points:
    63
    Placed a small order from them a few weeks ago and received quickly with no problems. Normal e-check ship timeframe of 4 days.
     
  40. platinumdude

    platinumdude Gold Chaser Platinum Bling

    Joined:
    Mar 31, 2010
    Messages:
    3,360
    Likes Received:
    2,237
    Trophy Points:
    113

Share This Page