Are you thinking of buying from Indigo Precious Metals? Read this review carefully to avoid losing money. We explore their products, services, customer feedback, ratings, and issues to help you make a smart investment decision!
Indigo Precious Metals
Indigo Precious Metals Summary Review
- Name: Indigo Precious Metals
- Website: www.indigopreciousmetals.com
- Founder: David Mitchell
- Price: Varies
- Rating: 4.9/5.0
What is Indigo Precious Metals?
Indigo Precious Metals Group is a Registered Regulated Dealer of Singapore.
IPM Group is the parent group trading in the physical precious metals business. They focus on the supply and physical delivery of investment-grade precious metals. They have clients allocated, bonded vaulted accounts, or delivered to customers worldwide.
Furthermore, they specialize in the buying and selling of gold and silver bars or coins. This also includes investment-grade bars in Platinum, Palladium, and Rhodium. They sell to private individuals, institutional investors, financial advisors, and family trusts.
More so, they register and have presence in Singapore, Malaysia, and London, although our client base is international. They cover Europe, Scandinavia, the USA, Canada, South America, Eastern Europe, and Asia.
How Indigo Precious Metal Works?
If you're interested in getting your hands on some gold and silver coins from the Indigo Precious Metals website, the process is easy to follow, and all you need to do is know what you want and how much of it you desire.
Step 1: Choose Your Item
Explore options on the website, from tagged prices to bullion products. Find bullion coins, bars, and even rare earth items. Select, add to your basket with weight and prices.
Step 2: Checkout
Secure your items in the basket. Register for future ease or proceed as a guest. Click "view basket" for checkout. Discover the secure bullion credit account option.
Step 3: Payment
Pay in full or opt for a two-part deposit. 10% upfront, 90% later in a tax-free zone. Cash, bank transfer, or store credit. Showroom visit for cash payments.
Step 4: Shipping
Pick from three paths: insured global shipping, local collection, or showroom visit. Store in the high-security vault, Le Freeport.
Step 5: Receive
Assured delivery, insured even if absent. Re-delivery available. Store in Le Freeport for personal visits.
Indigo Precious Metals Offers
Bullion Products
All their products are the highest investment grade bullion. It is available for self-collection from their new flagship store or secure segregated vaulting. Products available from Indigo Precious Metals Dealers, encompassing gold, silver, rare earth metals, and more.
Gold Bars
Discover sixteen refined gold bars, fully insured with purity of 99.99%. Choose from 1 gram to 1 kilogram options, including the notable Argor Heraeus Gold Bars minted in Switzerland. Tax-free storage in Freeport is an option.
Gold Coins
Browse twenty-four options, ranging from 7.8 to 38.8 grams. Noteworthy coins like the Australia Gold Lunar Tiger series 2, influenced by the Chinese lunar tiger sign, are available.
Silver Bars
Explore fourteen silver bars, with prices starting from $20,000. Weights span from 311 grams to 31 kilograms. Notable options include the LBMA silver cast bar produced by JBR & BRAID & Co. in the UK.
Silver Coins
Choose from forty-four silver coins, ranging from 31.1 grams to 1 kilogram. Explore investments like the Australia Silver Lunar Goat coin, minted by the Perth Mint in 2015.
Platinum Bars
Discover twelve platinum products, ranging from 31.1 grams to 1 kilogram. Notable options include the Queen’s Beast bullion coin, showcasing 99.99% purity and inspired by historical figures.
Rhodium Bars
Explore three rhodium products, including bars and a collectible coin, weighing from 31.1 to 155.5 grams. Standout options include the Tuvalu Rhodium Coin, minted in 2019.
Palladium Bars
Browse two bars and three coins in the palladium selection, with the Canadian Maple Leaf Palladium Coin being a highlight. It boasts 999.5% purity and was minted by the Royal Canadian Mint in 2005.
Investing in Rare Earth Metals
Explore an unconventional investment avenue offered by the company. Their marketplace enables the acquisition of rare earth metals, crucial components for diverse manufacturing sectors.
These metals play pivotal roles in electronics, satellites, batteries, wind turbines, and more. Despite their availability, they're called "rare" due to challenging mining processes.
Consider incorporating rare earth metals into your strategic investment plan. While affordable now, their value could rise with increased demand. Secure vault storage is an option, similar to precious metals.
Available rare earth metals:
- Indium
- Rhenium
- Gallium
- Bismuth
- Tellurium
- Dysprosium
- Neodymium
- Cobalt
- Ruthenium
Also, Indigo Precious Metals offers a secure services which is:
Ultra-Secure Private Vaulting
Indigo Precious Metals specializes in offshore storage, ensuring your holdings remain undisclosed to your government. Singapore's political stability provides a secure location, with top-tier vault security.
The facilities offer round-the-clock protection, including armed guards and body scanners. Remote access doors thwart unauthorized entry, backed by power outage contingency plans.
Client confidence and discretion are paramount. IPM pledges not to disclose personal details, safeguarding privacy. The Freeport's tax-free zone enables tax-free buying and selling of precious metals.
Moreso, they do not offer IRAs, However, if you are looking for a trusted company to work with IRAs, consider this company...
Pricing Details
The company's pricing practices are open and honest. When visiting the website and exploring the catalog, real-time costs for each product are readily visible. These prices are frequently updated by an algorithm that responds to global market dynamics.
Dynamic Price Adjustments: Prices are formulated based on future predictions, with the algorithm updating every three minutes, causing price changes. The final price at checkout might differ from what you initially saw in your cart.
No Hidden Fees: Hidden charges are not part of the equation; you're only billed for what you've agreed upon.
Weekend Rates: Weekend prices carry a slight premium compared to regular rates. A premium is added to the last Friday's price due to the uncertainty of Monday's market.
Weekend vs. Weekday Pricing: Weekend product prices are higher due to thin margins, avoiding losses. Weekday buyers need not concern themselves with this added cost.
Market Timing: The company provides insights on peak times for buying and selling precious metals, and their algorithm adapts prices accordingly. Increased demand might raise prices, while lower demand can lead to decreased costs.
Cancellation Policy: Confirmed purchases cannot be canceled to mitigate risks. Commitment to prices is a priority to avoid potential losses.
Buyback Program: Metals stored in Singapore or London vaults can be sold back through IPM's buyback pricing, exclusively available to initial IPM customers. Non-customers are not eligible for this service.
Ordering & Shipping Options
Stash your items offshore tax-free in the Singapore vault, or opt for the Sydney or London vaults for faster access. Although North America lacks a company vault, alternatives exist.
Invest near your location or purchase from UK and Australian vaults for quicker shipping, but taxes might apply.
IPM ships worldwide, including Canada, America, South America, Europe, Oceania, Australia, and all of Asia.
Securing precious metals in a facility is safer than at home. Custom fees might apply based on your location.
Rest assured, your package's value is insured during transit, guaranteeing compensation for any losses.
Reviews and Ratings of IPM
Upon researching their company reviews and ratings, I've seen that they don't have any reviews from the authorized review platform.
The only available here are the ones available from their websites:
What I Like About IPM
A lot of payment methods as well as the products they offer
Payment Methods - International & Domestic Customers
- Bank Transfer / Wire payments
- Cleared funds on IPM’s account in anticipation of a trade
- Cheques are made payable to IPM, but the order can only be taken once funds are cleared on IPM’s account in anticipation of a trade
Good Customer Reviews
Indigo Precious Metals has a lot of good customer reviews.
They pride themselves on their relationships with their customer base.
They also believe in customer service and e-commerce sites, which they have developed for a long time. With client experience and simplicity foremost in our thoughts.
More so, continue to develop the site making changes where applicable to benefit the customer experience.
A lot of Location
They have offices in Singapore and Malaysia and bullion contract partnerships in London and Australia.
Furthermore, they gave customers confidence on which to make sound decisions.
What I Don't Like About IPM
Does Not Accept Credit Card Payments
They are no longer accepting credit payments due to fraud and erroneous payments.
However, they do offer cash payment settlements on the remainder of the invoiced purchase price, but this is to a limit of Sing$ 20,000, we also require a copy of either your IC or passport to support cash settlement.
Limited Cash Payments
They accept cash payments up to a maximum limit of Sing$ 20,000, for any payments over and above Sing$ 20,000 we can make a case-by-case decision. Self-collection only at our Singapore "The Central" office, however, the customer is required to pre-pay a deposit to guarantee price before collection.
More so, Walk-in cash payments are accepted, we also require a copy of either your IC or passport to support cash settlement.
Also, any cash payment payments over and above Sing$ 20,000 in a single transaction we are obliged to report to the local authorities as per regulatory requirements.
Gold Products Above Market Price
The global spot price for gold is purely a paper-based futures contract.
However, this price is only available to large banks or financial institutions and does not include any brokerage fees, transportation, storage, or insurance.
Smaller bars and bullion coins are always sold at a premium to the spot paper prices to reflect the additional costs of refining, production, packaging, and shipping.
They don't offer IRA Service
Because they are located outside the US.
Limited reviews and ratings
They Don't have a whole lot of ratings and reviews to research.
Is Indigo Precious Metals a SCAM?
Indigo Precious Metals is NOT A SCAM.
They are a good company that offers good customer service.
More so, the team at IPM Group has a lot of experience in the banking industry working directly in investment and trading, across many asset class markets on behalf of the banks and bank clients.
Furthermore, they deal with precious metals daily, including buying, selling, transporting, storing, and insuring them.
They are open to taking calls from our customer base to communicate on how best to purchase these investment products, but more importantly which products best suit their requirements.
Final Thoughts
When it comes to precious metals and dealing with them, the best choice should always be the first choice.
So, I am recommending here GOLDCO.
Goldco is a leader in the precious metals industry, with over a decade of experience helping customers protect their retirement savings. If you have an IRA, 401(k), 403(b), TSP, savings, or similar tax-advantaged retirement account, a Goldco Specialist can help you protect those assets with a Precious Metals IRA.
They also offer direct sales of gold and silver to our customers. If you have a savings account, a Goldco Specialist can help you diversify those funds with precious metals.
Whether you want to roll over retirement assets into a Precious Metals IRA or buy gold and silver directly, a Goldco Specialist can help you navigate each step of the process.
Goldco is a privately held firm specializing in wealth and asset protection. We are rated A+ by the Better Business Bureau and Triple-A by Business Consumer Alliance. Our quality customer service, dependability, and ethical business practices have resulted in thousands of satisfied customers and positive reviews.