Friday, September 18th, 2020 MST
With the continued pandemic situation we have suspended local trades. Please call us for updates or to place a trade. We are happy to ship to you FREE of charge.
Gold Bullion Prices Silver Bullion Prices
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800.528.1380

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Welcome to CMI Gold & Silver – One of the Oldest in the US

Local Service is Just a Phone Call Away

800.528.1380

Call us first for among the lowest sell prices and highest buy prices!

800.528.1380

What to Consider When Buying Gold Over the Phone in Wichita

If you are new to the world of buying gold and silver in Wichita, the most important thing you can do is educate yourself. The internet can be a great source for general information about buying gold but seeking the guidance from a well-established and highly regarded dealer can help you recognize fraud and prevent financial loss.

Unfortunately, there are individuals as well as companies that will entice you into buying gold coins through high powered sales tactics or through media channels. Their goal is to find the prospective investor who is uninformed and thereby can easily become the victim of buying gold at an excessive markup.

To prevent high markups that could make it nearly impossible to recover your costs, CMI Gold & Silver recommends for experienced or first-time gold buyers in Wichita to:

  • Buy gold bullion as near “spot price” as possible
  • Steer away from numismatic or collectible coins
  • Do business with a trustworthy gold dealer
  • Research Better Business Bureau evaluations for pros and cons

 

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Investing in Gold Coins or Gold Bars

There is little investment difference in buying gold coins or buying gold bars as long as you avoid buying collectible-type coins often advertised on television or over the radio.

Many of our customers have chosen to buy gold coins (that are packaged in tubes) simply for the ease of handling. By comparison, 1-oz. gold bars are in individual packages, need more storage room, and are less easy to count or handle.

Another reason gold bullion coins are preferred by Wichita investors is because they have come from government mints. Some of the most well-known bullion coins include:

  • Gold Eagles – US Mint
  • Krugerrands – South African Mint
  • Gold Maple Leafs – Royal Canadian Mint
  • Kangaroos – Australia Perth Mint

 

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Why Should Wichita Investors Buy Gold Bullion from CMI?

As one of the oldest gold and silver dealers in the country, CMI Gold & Silver has been helping investors buy, sell, and trade silver and gold bullion products since 1973.

Our experience and vast knowledge, a solid reputation, extensive inventory, and a plethora of available information on gold bullion available right on our website, makes us the best choice for Wichita investors.

A few more valuable reasons to choose us:

  • We strive to ensure complete confidentiality
  • We have an A+ rating with the BBB
  • The US Mint has us recorded as a trusted dealer

If Wichita residents are ready to buy gold bullion or have any questions at all about investing in precious metals, please give us a call at 800-528-1380.

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