FAQ

Frequently Asked Questions

Please see below some of the most common questions asked by Merrion Gold clients. If you have any further questions please do not hesitate to contact a member of our team on 01 254 7901, or at info@merriongold.ie.

1

Can I buy over the counter from Merrion Gold?

Merrion Gold keeps a large quantity of stock on site, which is available for immediate collection. Please contact a member of our trading team to inquire about any particular items.

2

Can you store my precious metals for me?

Yes, you can avail of the option of renting a safe deposit box in Merrion Vaults. The box will be in your name and only you will have access to it. The rental is a set annual fee, which means that you can store as much in your box as it will allow without being subject to precious metal price fluctuations experienced when charged a % fee of the value of your metal with other storage providers. You can also store many other items in your box, not just precious metals.

3

What forms of payment do you accept?

Merrion Gold accepts payment by bank transfer, cheque, in cash and in cryptocurrency. It is also possible to pay for smaller transactions using debit card.

4

Should I buy coins or bars?

The coins and bars that Merrion Gold supply are all investment grade, solid gold products. Each bar and coin carries a premium above the spot price of the metal. The premium is determined by the availability, desirability, mining, minting and refining costs. Typically, coins command higher premiums than bars. Unless you have a preference for a particular item, it is usually cheaper to purchase bullion bars.

5

Which type of coins should I buy?

This is really a personal preference. The gold content in coins vary from 90% to 917/1000 to 999.9/1000 – this does not necessarily mean that a coin with 90% gold content is worth any less than the coin with 999.9/1000 purity – in the world of coins supply and demand is also a factor. Talk to any of our team for more details on the different types of coins available to you and what will suit you best.

6

Do you base your buying / selling prices on the live bullion price?

Yes, we take the live price and add/subtract the premium applicable to the particular coin or bar.

7

Does Merrion Gold offer live prices on the website?

Merrion Gold’s website does not quote any live prices. Please contact a member of our trading team by phone, email or WhatsApp in order to request any live prices.

8

Does Merrion Gold offer delivery?

Merrion Gold does not offer a delivery at the current time, but does keep a large stock of items that are available for immediate collection. Orders can be collected from our premises at Merrion Vaults, and either stored in your own Safe Deposit Box or taken away by our clients.

9

How long will it take to receive my order?

Merrion Gold keeps a large quantity of stock on site, which is available for immediate collection. If we do not have the desired items in stock, a member of our team will advise you on availability timelines, which are generally 1-2 weeks.

10

Will you buy back my coins and bars?

Merrion Gold guarantees to buy back any items we have sold. Merrion Gold is also interested in buying precious metals purchased elsewhere.

11

How do I sell bullion back to you?

In order to sell to Merrion Gold, items must be brought to our premises for testing and verification. A live price will be agreed there and then, with a bank transfer made to an account of your choice on the next business day (unless advised otherwise at the time of the transaction).

12

How do I know that my coins and bars are genuine?

All coins and bars sold by Merrion Gold are sourced from the world’s leading refineries. In addition to this, all products bought by Merrion Gold are tested by us to ensure the gold or silver content and purity are as they should be. All gold purchases are accompanied by an invoice from Merrion Gold stating that the purchase has been tested and verified by us.

13

How do I know my items are safe when vaulted with you?

Merrion Gold is situated within Merrion Vaults, Ireland’s leading independent safe deposit box facility. The vault was purpose built and is fully insured. The box will be in your name and only you have access to it. Merrion Vaults is open 363 days per year, only closing for Christmas Day and New Year’s Day.

14

Who owns Merrion Gold?

Merrion Gold is owned by Seamus Fahy and David Walsh who also own Merrion Vaults – Ireland’s only purpose built Safe Deposit box facility. We have bullion trading offices in Scotland and England also.

Merrion Gold

Store Your Gold With Us

Merrion Gold is housed within Merrion

Vaults, Ireland’s first independent purpose

built safe deposit box facility.

 

Store Now

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