In such a faltering economy nowadays, it is possible that you can lose all your savings in a blink of an eye and all those years of hard working just go straight down the drain. However, you can protect yourself and your savings from the threats of the economic meltdown by carrying out gold IRA investments. In some cases, your savings can even grow bigger and you can earn profit from this investment.
In this article, we will talk about Panda America to learn more about their services and products, and to check out whether they are worth your investment to protect your retirement savings.
Panda America Services
Panda America offers a diverse variety of coins to their customers, including various coins from all over the world like the Chinese Pandas, coins from Singapore, the US, German coins, etc.
The business focus of Panda America is not only coin collectors, but also customers that want to buy bullions, Chinese Panda coins, and even silver bars.
Panda America also has a very fascinating product – the coin bezel. You can put the coin you purchase from Panda America into the bezel and make it a fashionable pendant. This item is very interesting and useful. However, I suppose you shouldn’t use it with precious metals of investment grade.
This company has a store on eBay with lots of customers and they seem to have a good reputation.
There is nothing more to talk about Panda America. All of their products and services have already been mentioned above. On their website, I found a section called “Collectables”, but currently it is still empty.
An important note about Panda America: they are NOT an IRA custodian and therefore do NOT have IRA service.
In this part, we will read some customer feedback on Panda America to see what people say about this company and their attitude towards the service quality.
This feedback from a customer complaint on the price quoted at Panda America that was claimed higher than at anywhere else:
“Panda America is very professional and reliable. But their prices are higher than those from other dealers. They have a store on eBay and I have done great business with them through eBay, but the prices they offer on their site are far from competitive.” – Ethan
This long feedback complaint that the quality of customer services went down remarkably during the past years:
“It has been 5 years since I started buying Chinese Panda coins from this company. However, ever since 2012 till now, the customer service at Panda America has gone down incredibly. My recent orders with them have been late for delivery several times and they even deliver the wrong items. My order was clear that the product I wanted was 2010 panda coin, and the coin I received in the package was 2013 coin. Also, an item went missing although they already received my payment for it. I put that item on back order and ended up waiting for many months to actually receive the coin, yet they already took my money in the first place when I placed the order. I tried to call the customer service to solve this annoying problem, but to no avail. I will find another dealer for my future business.” – Hunter
And on the contrary, the reviews on eBay are mostly laudation.
“Outstanding dealer! Many thanks! A+
Exceptional products and delivery, Package comes as described. You are great! A++.
My items were delivered with professional packaging. Great!”
Generally, the score for Panda America is not very positive, but that is because only one or two reviews contribute to rating this company. On the contrary, their eBay score is very appealing.
The outstanding feature of Panda America is that they offer a very diverse range of coins from all over world. These international coins are not easily found at any other store. Another great thing about this company is their bullion items. However, they are NOT an IRA custodian and offer no IRA service, so I cannot recommend them to you. But if you are an experienced investor who knows very much about making investments into precious metals, or if you are performing investments with the assistance of a certified IRA custodian, then you can check out the wide range of products at Panda America for your investment.
The company receives many negative reviews about the bad customer service, as well as the quoted prices on their website that are considered as unattractive. On the contrary, reviews about their eBay store are mostly laudation.
So I give Panda America the final score as follows:
- 7/10 if you want to buy coins from them
- 0/10 if you want to find an IRA custodian for your retirement saving