Monthly Silver Purchase Plan:
When it comes to buying silver bullion the best way is to spend the same amount of dollars at regular intervals- which is the definition of dollar cost averaging
. It can reduce the average price per ounce, while reducing the fear of buying at the wrong time.
We compared all the Monthly Silver Purchase plans online to the one offered by Montana Rarities and found that ours offers the best deal for the customer. We had heard from subscribers that our plan was superior, so we had to go check. Feel free to compare our plan with anyone else and let us know if we are wrong.
You decide the amount you want to spend on silver (either .999 fine bullion or 90% silver currency) each month, and once set up repeats automatically. The price per ounce will go up and down with the market, so the amount of silver you buy each month will fluctuate. In most cases the exact amount of silver purchased will include partial ounces, which are hard to mail! The answer is to carry over any fractions to the next month (See Note 1)
No hassles, you can stop at any time and change the purchase amount or type of silver bullion you are getting.FREE Shipping on ANYTHING you buy during the month! (See Note 2)Use this subscription submission form ONLY if you want to use a credit card or Paypal account:Cash Pricing:
If you have looked around the site you will have noticed that the cash prices are 3.3% less than the online price, it is a fact of life that credit card fees are expensive. We can set up your Silver Purchase Plan at the lower Cash pricing too. This could be accomplished in several ways- electronic payments direct from your bank account, using your bank's BillPay service to mail a check, or you could manually mail a check each month. So please Email Us
today for more information!IMPORTANT:
After you have chosen the amount you want to spend each month, and have completed the payment setup on Paypal, email us
with the specifics of the silver products you wish to purchase.
A - Branded Rounds (Pan Am, A-Mark, Sunshine etc)
B - Generic Rounds
C - Branded Bar 1 oz
D - Generic Bar 1 oz
E - American Silver Eagles
F - Canada Silver Maple
G - Austrian Silver Philharmonic
H - Engelhard Silver Rounds or Bars (1 oz)
I - Branded or Generic 5 oz Bars
J - Branded or Generic 10 oz Bars
K - Johnson Matthey or Engelhard 10 oz Bars
L - $10 face value 90% Silver (Dimes, Quarters or Halves)
M - $5 face value 90% Silver
Private mint silver bullion products
Legal tender silver bullion coins
Old US Silver coins (junk silver) products
Other products may be chosen, but these are items we can be reasonably sure to have in stock most of the time. Please contact us if you have a different preference, we will work out how to accommodate you.
You select the amount you want to spend on silver each month. You choose the product you wish to purchase- Generic Rounds, Branded Rounds (Sunshine, A-Mark Golden State Mint etc), Branded 5 oz bars (currently we have Sunshine) and Branded 10oz bars (either Sunshine or A-Mark). You could also choose 90% Silver US Currency. Products shipped will depend on availability.
On the same date each month (based on your start date) your bank account, credit card or Paypal account (See Note 3) will be billed for the amount you choose, your silver will be purchased at the current price (See Note 4) and mailed to you by the following day. Partial ounces will be carried over to the next month. If you decide to cancel your subscription eligible remaining fractions (See Note 5) will be repurchased by Montana Rarities.
Once you have subscribed it is easy to change your monthly purchase amount, or the type of silver you are buying. If your subscription is funded through Paypal select the new amount above and click the "Subscribe" button. You will be taken to Paypal's website to confirm your changes, which will be effective on your next scheduled billing date. To change the bullion type or if your payments are made by ACH or check just email us to make the necessary changes.
Plans under $200 per payment will have a service charge deducted from your payment of 3% or $3.00, whichever is greater (See Note 6).
Because we have been asked too many times, we have to add this- the plan works how it is. Please do not email asking if we can change some feature of it to accommodate your ideas. That will not happen.
Purchases made under the plan have Free Shipping.
No contracts or long-term commitments, you can cancel the subscription at any time.
So to summarize- here are the benefits:
Terms, Notes and Conditions:Note 1.
- Dollar Cost Averaging- when prices are low you buy more and when high you buy less, resulting in a lower average price
- Spending small, manageable amounts each month means you are more likely to stick with it
- You don't need to worry about trying to time the market to get the "best price"
- No contract or long-term commitment, stop whenever you want
- You can change your plan options at any time
- Free Shipping on anything you buy
- No hassles- set it up and you are done
- Free Shipping
Fraction Accounting- Letís say you sign up for a $400 subscription and Silver is $25.37 an ounce. Your first payment buys 15.77 ounces of silver, the whole ounces will be mailed to you and the remaining 0.77 ounce will be carried on account (invoice sent with your shipment will contain all the details). The next month silver is $24.54, so your $400 now buys 16.30 ounces. Add the 0.77 oz on account and you now have 17.07 oz. The 17 whole ounces would be mailed out, your remaining 0.07 oz will be carried over. Fractions will be calculated to 2 decimal places, 0.005 will be rounded up to 0.01.
If you select 10 oz Silver Bars for your plan then shipments will be in 10 oz increments, Silver Halves and Quarters will be in 7.15 oz ($10 face value) increments and Silver Dimes will be in 3.58 oz ($5 face value) increments.Note 2.
Purchases made under the Purchase Plan have Free Shipping. Additionally, anything you buy from Montana Rarities will also have Free Shipping if it is packed and mailed with your scheduled monthly Purchase Plan shipment. Purchases can be made on the website (by credit card or Paypal) or by cash (check, money order, wire transfer or ACH), then will be held until your next scheduled shipment.
Please Contact Us
for a coupon code to use during checkout (Also if you need quantity discounts or cash pricing for a mailed check or bank transfer).Note 3.
To be able to do the online subscription you do have to sign up for a Paypal account (I'm sorry!) but you can choose to have the subscription settle against your credit card, your bank account or your Paypal balance.
If you do not want to open a Paypal account or use a credit card, then Email Us
about electronic payments or using your bank's BillPay service to have checks sent automatically, plus you get the 3.3% lower cash pricing!Note 4.
Sell prices for the Purchase Plan are the prices published on the Montana Rarities website at 10 am Mountain Time for the product you have elected to buy. Payments received before noon will use that day's price, payments received after Noon will be priced and invoiced the following day. Generally, payments made with Paypal or by electronic transfers are processed before 8am, while mailed payments are received after 3pm.
Credit Card or Paypal funded purchases pay the Online price, check or electronic payments pay the Cash price.
Quantity price breaks will apply- the discount for 10-29 ounces of silver bullion is 1.75%, 30-99 ounces is 3%. Contact us for the full schedule of discounts.Note 5.
If your subscription is canceled before the 4th sale is final any carryover fractions are forfeited. Silver fractions eligible for refund will be purchased by Montana Rarities at the NYME closing silver bid price the day of cancellation. Refund will be paid by either Paypal or check as directed by customer.Note 6.
There is a $3.00 or 3% (whichever is greater) service fee on smaller plans. The Service fee is imposed to cover shipping and handling expenses involved with maintaining plans under $200.00 per payment, per item. If you want to sign up for $75 a month, the shipping and handling fee will be $3, the remaining $72 will be applied to buying silver. At $150, the handling fee will be $4.50. The fee is not imposed on any plan of $200.00 or more.
Montana Rarities is not selling a regulated product or securities, and offers no guarantees or warranties. Buying silver could result in losses, as market prices can be volatile, and there is a significant spread between Buy and Sell prices.
By authorizing your Bank, Paypal or your Credit Card issuer to pay Montana Rarities under this Silver Purchase Plan you are agreeing to purchase silver each month in the form and amount you chose when you subscribed. You understand and agree that the price per ounce you pay cannot be predicted or guaranteed, and the quantity of silver purchased each month will fluctuate.
If an order is lost in transit by the USPS it will be replaced immediately by Montana Rarities (your assistance in filing insurance claims will be greatly appreciated).
If you are unable to collect your mail when an order is expected to ship please contact Montana Rarities. Your order will be processed on the normal date, but shipment will be held until you advise it is OK to send. If you are on vacation it would be much safer to have it held at this end.
You agree that in the event of a dispute your only recourse is to cancel your subscription and receive a refund for the most recent purchase subject to the following: If a purchase is in progress the shipment will be canceled and your payment refunded. If a purchase is in transit or already delivered you must notify Montana Rarities of your intent to cancel within 7 days of delivery. You may then return that purchase and your payment will be refunded on receipt. If you keep the last shipment, or 7 days have passed since delivery, the sale is non-refundable and any attempt to dispute the transaction will be treated as fraud.
If you have any unanswered questions feel free to call or Email Us
.If you do need to cancel your Paypal-funded purchase plan please click this button:
If you want to cancel your subscription and it is paid by direct debit to your bank account or by mailed check please Email Us
so we can take care of it.
I will be sorry to see you go, but understand that situations change. Any eligible fractions on account (See Note 5)
will be cashed out and refunded within 24 hours.