Hello and welcome to my 'Is Pandaamerica.com A Scam?' article.
For some reason, buying and selling coins is something many people dabble in today. With that, this 'Is Pandaamerica.com A Scam?' article will help you in determining if this is the firm for you!
Interestingly, bullion dealers are sprouting here and there. Moreover, offers and products are becoming more and more tantalizing. In this sense, how does Pandaamerica.com fare?
Without further ado, let us start this 'Is Pandaamerica.com A Scam?' article.
Pandaamerica.com Review Quick Summary
Name: Pandaamerica
CEO: Kitty Quan
Prices: Varies
Promotions: No information available
Rating: 3/5
Pandaamerica.com Background
To start, Panda America is a California-based firm that first came into the industry in 1982. Almost immediately, they became the official US distributor for China-issued gold panda bullion coins.
Afterwards, due to their rapid success they also added precious metals such as gold and silver in their belt. At present, they are still operating as a world-recognized bullion dealer.
Naturally, over the course of time, they became partner distributors by several mints and organizations. At this point, they are now able to ship worldwide without much worry and hassle.
To compare, they have lesser capability as my top precious metals dealer, Goldco, in terms of their inventory.
How Does It Work?
Admirably, this company is allowing business involving selling and buying bullions and other essential items. Furthermore, their policies and rules about these activities are well-written.
For selling, you can either visit their physical headquarters. Moreover, if you are a trusted patron of theirs, a buy price will readily be available as soon as the items are shipped.
On the other hand, if you are selling to them for the first time, your items will be valued at the day it is received by Panda America. Before anything else, call them should you have any questions!
Meanwhile, buying from them is as straightforward as it gets. Whether you are a savvy investor or a casual collector, you can buy from them with relative ease.
To start, you need to choose an item on display. Next, indicate how many of it you need and add them to your cart. Lastly, payment procedures will follow along with gathering your information.
Products and Services Offered
As mentioned, Panda America centers around gold, silver, platinum, and palladium. Every now and then, important precious metals items such as holders and cleaners are available.
Surprisingly, they have a section for their best sellers! In this way, clients and buyers are given the information on what products are the most viewed and bought.
Unfortunately, if you are an IRA holder, adequate knowledge is needed when shopping from Panda America. True enough, some of these coins and bullions are IRS-approved, however, deep understanding and wisdom is a prerequisite.
In brief, click here to learn more about the process of purchasing these products.
Customer Ratings and Reviews
- Better Business Bureau - not accredited and no reviews available
- Business Consumer Alliance - AAA rating
- Trustpilot - no reviews available
- Yelp - 3.5 out of 5 based on 7 reviews
Pros and Cons
Pros
- Good scope of product inventory
- Availability to sell to them
- High degree of transparency
- Online platform is simple
- Relatively in the industry for quite a time now
Cons
- Products have limited stocks
- Does not offer any IRA services
- Company information is generally lacking
- Few ratings and reviews
Final Words
To conclude this 'Is Pandaamerica.com A Scam?' article, let us answer the question at the start of this article.
First and foremost, it is not a scam. Being the first US-distributor of Chinese gold coins certainly gives them a plus. In addition, they have been working in the industry since 1982!
Obviously, their products attract a lot of investors and collectors. One good thing about them is the availability of essential items for precious metals care and protection.
But, I would recommend to put this bullion dealer as a second alternative. This is due to the reason that they have no self-directed IRA services and they are lacking significant reviews.
For a top recommendation, I recommend checking out everything about Goldco.
As usual, thank you for reading this 'Is Pandaamerica.com A Scam?' article. For any comments and suggestions, do leave them in the appropriate section below.
