Personal Finance

Shipping insurance on precious metals

  • Last Updated:
  • Dec 2nd, 2012 1:49 pm
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Nov 2, 2003
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Shipping insurance on precious metals

hey the shipping insurance that you get when buying silver / gold online... is on acquisition value right?

Like let's say I buy bought silver at $28/oz back in the summer and it took them three months to ship and silver went up to $31/oz... and the shipment is lost... assume i bought 1000oz, I only get $28,000 back right? Not $31,000?
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