Chards.co.uk Review

Based on looking at the website, Chards.co.uk appears to be a legitimate and well-established dealer in precious metals, specialising in investment gold and silver. However, it’s crucial to understand that investing in precious metals, while often seen as a hedge against inflation, is not a permissible form of investment in Islam if it involves interest (riba) or speculative trading where the actual physical commodity is not exchanged immediately and directly. While Chards.co.uk itself facilitates the purchase and sale of physical bullion, the underlying principle of speculative investment and the potential for deferred exchange or ownership transfer can introduce elements that are not compliant with Islamic financial principles. The website explicitly states, “Precious metal investments are unregulated in the UK. Values may rise or fall,” which highlights the speculative nature.

Here’s an overall review summary:

• Overall Legitimacy: Appears legitimate and well-established.
• Company Experience: Over 61 years in the trade, a family business.
• Industry Accreditations: LBMA Full Member.
• Security & Insurance: Fully insured through Lloyd’s of London, audited by Azets.
• Physical Presence: UK Showrooms in London and Blackpool.
• Customer Reviews: Excellent (4.8/5 based on 6246 reviews) on their internal review system.
• Islamic Compliance: Not entirely permissible due to the nature of speculative investment in fluctuating markets and potential for riba (interest) or gharar (excessive uncertainty/risk) in transactions, especially concerning deferred possession or digital forms of gold/silver. The website’s focus on “investment” rather than direct, immediate exchange of physical goods for physical currency is a red flag.
• Transparency: Good transparency regarding their operations, insurance, and auditing.
• Website Usability: Clear navigation, good product range, and accessible contact information.

While Chards.co.uk presents a professional and trustworthy image, the core activity of precious metal investment, particularly when it involves future contracts, margin trading, or purely speculative aims without immediate physical possession, can be problematic from an Islamic perspective. The emphasis on “values may rise or fall” points to a speculative intent which goes against the Islamic principle of investing in real, tangible assets for productive purposes rather than mere financial gain from price fluctuations. Muslims are encouraged to engage in ethical trade, real estate, or sharia-compliant equity investments that contribute to economic growth and avoid elements of interest, excessive uncertainty, and gambling.

Here are some ethical alternatives for wealth management and investment that align with Islamic principles:

• Islamic Finance Funds: These funds invest in sharia-compliant equities, sukuk (Islamic bonds), and other ethical instruments, avoiding interest-based transactions and prohibited industries.
• Halal Real Estate Investment Trusts (REITs): Investing in tangible property assets that generate rental income, structured to comply with Islamic finance principles, avoiding debt-based financing.
• Ethical Savings Accounts: Accounts offered by Islamic banks or ethical financial institutions that operate on profit-sharing (Mudarabah) principles rather than interest.
• Sharia-Compliant Pensions: Pension schemes that invest in a portfolio of sharia-approved assets, ensuring your retirement savings grow ethically.
• Direct Investment in Ethical Businesses: Investing directly in small or medium-sized enterprises (SMEs) that operate in permissible sectors, promoting real economic activity.
• Commodity Murabaha: A sharia-compliant financing method where a bank buys a commodity and sells it to the customer at a marked-up price, with payment made in installments, avoiding interest. This applies to real goods and involves actual ownership transfer.
• Direct Purchase of Physical Gold for Storage: If the intention is to hold physical gold as a store of value or for a tangible asset, rather than for speculative trading, and the transaction involves immediate exchange and possession, it can be permissible. However, caution is advised to ensure no deferred payment or interest components are involved.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

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Chards.co.uk Review & First Look: A Deep Dive into Precious Metals Trading

Chards.co.uk presents itself as a long-standing and reputable dealer in the precious metals market, primarily focusing on gold, silver, platinum, and palladium bullion for investment purposes. A first look at their website reveals a professional interface, clear navigation, and a strong emphasis on their extensive history and industry accreditations. The website immediately highlights current spot prices for various metals, though these are displayed as “£0.00 / oz” on the homepage, which is a significant oversight for real-time market data. This lack of live pricing on the landing page is a critical functional omission for a business dealing in volatile commodities.

Initial Impressions and Website Layout

The site is well-structured, featuring prominent calls to action for “Shop Now” across various product categories like Sovereigns, Bars, CGT Exempt coins, and Britannias. There’s a clear section for “Latest Releases” and “Popular Products,” making it easy for users to find current and in-demand items. They also offer a “Sell Your Precious Metals” service, which indicates a comprehensive buy-and-sell operation. The design is clean, with a focus on product imagery.

Trust Signals and Transparency

One of Chards.co.uk’s strongest points is the array of trust signals prominently displayed. They boast “Over 61 Years In The Trade,” emphasising their longevity and experience. The mention of being a “Family Business” aims to convey a personalised and ethical approach. Crucially, they highlight their status as an “LBMA Full Member,” which is a significant accreditation in the global bullion market, suggesting adherence to strict standards for good delivery and responsible sourcing. Furthermore, details about being “Fully Insured” through Lloyd’s of London and having “Auditing & Accounts” verified by Azets (a top 10 UK auditor) enhance their credibility. They even mention their “UK Showrooms” in London and Blackpool, offering a tangible presence.

Addressing the Islamic Perspective on Precious Metal Investment

While Chards.co.uk offers physical precious metals, the underlying premise of “investment” in these unregulated assets in the UK, where “values may rise or fall,” introduces significant challenges from an Islamic finance standpoint. In Islam, the primary objective of wealth is not mere speculation or accumulating profit from price fluctuations, but rather to use wealth for productive purposes and economic growth in a manner free from Riba (interest), Gharar (excessive uncertainty or risk), and Maysir (gambling).

• Riba (Interest): While direct interest might not be evident in a cash-for-bullion transaction, the financing arrangements for large purchases, if they involve conventional loans, would be problematic. More subtly, the concept of investing solely for capital gains without immediate exchange can lead to elements akin to interest.
• Gharar (Excessive Uncertainty): The explicit statement “Values may rise or fall” highlights the inherent uncertainty and speculative nature of such investments. While all investments carry risk, excessive uncertainty where the outcome is largely unpredictable, similar to gambling, is prohibited.
• Maysir (Gambling): If the primary motive is to profit purely from price movements, without any tangible productive output or immediate physical exchange, it can border on Maysir. Islamic jurisprudence generally permits the buying and selling of physical gold and silver, but strictly under conditions of immediate exchange (hand-to-hand) and without any deferred payments or debt accumulation if done for speculative purposes.

Therefore, for a Muslim seeking to manage wealth, conventional precious metal investment, particularly through online platforms where physical possession might be deferred or where the primary driver is capital appreciation from market volatility, would generally be discouraged. Safer, more permissible alternatives involve direct, immediate physical exchange for tangible purposes, or engaging in sharia-compliant financial instruments that focus on real economic activity. Backdropsource.co.uk Review

Chards.co.uk Features: What They Offer

Chards.co.uk offers a comprehensive suite of services centered around precious metal bullion. Their feature set is designed to cater to both new and experienced investors looking to buy, sell, or simply learn about gold, silver, platinum, and palladium.

Product Range and Bullion Types

The website showcases a wide variety of precious metal products. This includes:

• Investment Gold & Silver: Their core offering, featuring a range of bullion coins and bars.
• Sovereigns: A popular choice for UK investors, often exempt from Capital Gains Tax (CGT).
• Bars: Available in various weights from different mints.
• CGT Exempt Products: A specific category highlighting coins that are exempt from Capital Gains Tax in the UK, making them particularly attractive for domestic investors. This includes popular options like Britannias.
• Latest Releases: Keeping customers updated with new coin designs and limited editions.
• Pre-Owned & Best Value: Offering more affordable options, often from the secondary market, which can represent significant savings.

For example, their homepage highlights products like the “2025 Gold Britannia 1 oz Bullion Coin” and “CGT Exempt 1 oz Gold Coin Best Value (New),” demonstrating a broad selection catering to different price points and investment strategies.

Selling Precious Metals

Beyond buying, Chards.co.uk provides a clear pathway for customers to “Sell Your Precious Metals.” This two-way market functionality is crucial for a complete bullion dealer, allowing investors to liquidate their assets when needed. They likely offer competitive buy-back prices and a streamlined process for valuation and sale.

Services and Support

Chards.co.uk extends its offerings beyond just transactional activities: Landlord-certificates.co.uk Review

• Book an Appointment: For those preferring face-to-face consultations at their London or Blackpool showrooms. This personalised service can be invaluable for large transactions or for customers seeking expert advice.
• Vaulting Service: While not explicitly detailed on the homepage, the “Fully Insured” section mentioning “our vaulting service” implies they offer secure storage solutions for customers’ precious metals. This is a key feature for investors who prefer not to store large quantities of bullion at home.
• Educational Resources: While not prominently linked on the homepage, the blog post mentioned in the footer (“Over 61 Years In The Trade”) suggests they provide educational content to help customers understand the market, investment risks, and product details. The disclaimer “Precious metal investments are unregulated in the UK. Values may rise or fall” also links to an “understanding the risks” page, indicating an effort to inform users.

Chards.co.uk Cons: Areas for Improvement (from an Ethical and Practical Standpoint)

While Chards.co.uk appears to be a robust platform for buying and selling precious metals, there are several points that could be viewed as disadvantages, particularly from an ethical standpoint and for a user experience perspective, as the core business model is not fully compliant with Islamic principles of wealth management.

Ethical Concerns (Islamic Perspective)

The primary concern for a Muslim audience lies in the fundamental nature of the business as a “precious metal investment” platform.

• Speculative Nature: The explicit warning “Values may rise or fall” on the homepage underscores the speculative element. Islamic finance encourages investment in tangible assets for productive economic activity, not for deriving profit purely from market fluctuations without direct productive output. This speculation can lead to Gharar (excessive uncertainty) and border on Maysir (gambling) if the sole intent is short-term capital gain.
• Deferred Possession/Digital Gold: While Chards.co.uk deals in physical bullion, the convenience of online trading often involves a period where the buyer has paid but not yet taken physical possession. In Islamic jurisprudence, for gold and silver, immediate exchange (hand-to-hand) is often a stringent requirement to avoid Riba (interest) or other impermissible elements when these metals are exchanged for monetary value. Without clear, real-time proof of immediate physical possession transfer (or its sharia-compliant equivalent), this becomes a grey area.
• Lack of Explicit Sharia Compliance: The website makes no mention of Sharia compliance, which is expected given its conventional business model. For Muslims, this means the onus is on the individual to determine permissibility, which is challenging in complex financial transactions. There are no Islamic finance scholars endorsing their specific investment model.
• Unregulated Market: The disclaimer that “Precious metal investments are unregulated in the UK” means there’s less consumer protection compared to regulated financial products. While this isn’t an ethical failing per se, it introduces higher risk for the investor, which contradicts the Islamic principle of safeguarding wealth responsibly.

Practical and User Experience Shortcomings

Beyond ethical considerations, a few practical aspects could be improved:

• Missing Live Spot Prices on Homepage: The most striking functional omission is the display of “£0.00 / oz” for gold, silver, platinum, and palladium prices directly on the homepage. For a site dealing in commodities, real-time pricing is paramount. Users have to navigate to specific product pages or price charts to see actual values, which is an unnecessary extra step.
• Limited Transparency on Fees/Spreads: While product prices are listed, a clear and comprehensive breakdown of their typical spreads (the difference between buying and selling prices) or transaction fees is not immediately apparent on the homepage. This information is crucial for investors comparing dealers.
• Internal Review System: While a 4.8/5 rating based on 6246 reviews is impressive, these reviews are hosted internally. While Trustpilot is mentioned, showcasing their own system first might raise minor questions about impartiality compared to independent platforms.
• Website Content Depth: While providing information, some areas could benefit from more in-depth, easily accessible educational content about market dynamics, storage options, and clear explanations of their processes.

Chards.co.uk Alternatives: Ethical Wealth Management

Given the concerns surrounding conventional precious metal investment from an Islamic perspective, especially regarding speculation and the immediate transfer of possession, it’s vital to explore ethical and Sharia-compliant alternatives for wealth management and investment. These alternatives focus on real economic activity, tangible assets, and avoiding interest-based transactions or excessive uncertainty.

Here are some of the best alternatives, focusing on ethical and permissible options: Fdmsolicitors.co.uk Review

1. Islamic Finance Funds

   

   • Key Features: These funds invest in a diversified portfolio of Sharia-compliant assets, including equities of ethical companies, Sukuk (Islamic bonds), and real estate. They undergo rigorous screening by Sharia supervisory boards to ensure adherence to Islamic principles, avoiding sectors like alcohol, gambling, conventional finance, and interest-bearing instruments.
   • Average Price: Varies widely based on the fund manager and fund type (e.g., equity, income, real estate). Typically involves management fees (Expense Ratios) ranging from 0.5% to 2% annually.
   • Pros: Professionally managed, diversified, liquid, and align with Islamic values. Offers exposure to global markets ethically.
   • Cons: Returns may not always match conventional funds, limited choice compared to the broader market, still involve market risk.

2. Halal Real Estate Investment Trusts (REITs)

   • Key Features: These are companies that own, operate, or finance income-producing real estate. Halal REITs specifically avoid financing through conventional interest-based loans and ensure the properties they invest in are used for permissible activities (e.g., not bars, casinos, or interest-based banks). They generate income through rent.
   • Average Price: Shares can be bought on stock exchanges, similar to stocks, with prices varying from tens to hundreds of pounds per share.
   • Pros: Provides exposure to real estate without direct property ownership, offers regular income (dividends from rent), generally stable.
   • Cons: Less liquid than equities, subject to real estate market fluctuations, availability of truly “Halal” certified REITs can be limited.

3. Ethical Savings Accounts (Islamic Banks)

   • Key Features: Offered by Islamic banks, these accounts do not pay or charge interest. Instead, they operate on principles like Mudarabah (profit-sharing) or Wadiah (safekeeping). Deposits are invested in Sharia-compliant ventures, and depositors receive a share of the profits.
   • Average Price: No direct “price” as it’s a savings account. Minimum deposit requirements may apply.
   • Pros: Completely interest-free, ethically sound, helps support Islamic financial institutions, usually very secure.
   • Cons: Profit rates might be lower than conventional interest rates, fewer options compared to conventional banks in the UK.

4. Sharia-Compliant Pensions Westwoodmotorgroup.co.uk Review

   • Key Features: These pension schemes invest contributions into Sharia-compliant assets, similar to Islamic finance funds. They ensure your long-term retirement savings grow in accordance with Islamic principles, avoiding prohibited industries and interest-based transactions.
   • Average Price: Fees vary, typically an annual management charge (e.g., 0.5% to 1.5% of the fund value).
   • Pros: Secures retirement savings ethically, provides professional management, often tax-efficient in the UK.
   • Cons: Limited providers in the market, investment options within the pension might be restricted.

5. Direct Investment in Ethical Businesses

   • Key Features: Investing directly in small or medium-sized businesses (SMEs) that operate in permissible sectors, such as technology, healthcare, education, or sustainable agriculture. This can be done through crowdfunding platforms or angel investment networks focused on ethical ventures.
   • Average Price: Highly variable, from a few hundred pounds in crowdfunding to much larger sums for direct equity stakes.
   • Pros: Direct impact, supports real economic growth, potential for high returns, aligns strongly with principles of productive investment.
   • Cons: High risk, illiquid (difficult to sell shares quickly), requires significant due diligence, generally suitable for experienced investors.

6. Commodity Murabaha

   • Key Features: This is an Islamic finance contract often used for financing or investment, where a bank or financial institution buys a commodity (e.g., metal, agricultural goods) and immediately sells it to the customer at a marked-up price, with payment made in installments. It involves the actual transfer of ownership of the commodity.
   • Average Price: Not a product you “buy” but a financing structure. The “price” is the marked-up cost of the commodity.
   • Pros: Sharia-compliant way to finance purchases or generate returns from commodity trading, avoids interest.
   • Cons: Can be complex to set up, requires actual commodity exchange, less direct than simple buying/selling.

7. Direct Purchase of Physical Gold for Storage

   • Key Features: This involves buying physical gold or silver coins and bars with the intention of holding them as a tangible asset or store of wealth, rather than for speculative trading. The key is immediate, physical exchange and possession.
   • Average Price: Spot price plus a premium, which varies by dealer and product type. For example, a 1 oz Gold Britannia could be around £2,000-£2,500.
   • Pros: Tangible asset, potential hedge against inflation, permissible if done with immediate exchange and for non-speculative reasons.
   • Cons: Storage costs and security concerns, illiquid (can take time to sell), not an “investment” in the productive sense but a store of value, still subject to market price fluctuations if eventual sale is considered.

These alternatives offer pathways for wealth management that align with Islamic principles by focusing on real assets, ethical businesses, and avoiding the problematic elements of conventional finance and speculative trading.

How Chards.co.uk Operates: Business Model and Trust Pillars

Chards.co.uk operates as a dedicated bullion dealer, facilitating the purchase and sale of physical precious metals. Their business model is built on providing a secure, transparent, and experienced platform for individuals and businesses looking to engage with gold, silver, platinum, and palladium. They distinguish themselves by emphasising longevity, professional affiliations, and robust security measures. Merseymdfplasandply.co.uk Review

A Legacy of Over Six Decades

The claim of “Over 61 Years In The Trade” is a significant anchor for their business model. This long-standing presence in a niche market like precious metals implies stability, accumulated expertise, and a deep understanding of market dynamics. This longevity helps build trust, as it suggests they have weathered various economic cycles and maintained their operations consistently. Being a “Family Business” further enhances this image, implying a personal touch, commitment to ethical standards, and a focus on long-term relationships rather than short-term gains.

Professional Accreditations and Industry Standing

A cornerstone of their operational integrity is their status as an “LBMA Full Member.” The London Bullion Market Association (LBMA) is the global authority for precious metals, setting standards for good delivery and responsible sourcing. Full membership signifies that Chards.co.uk meets rigorous criteria for financial strength, operational integrity, and adherence to best practices in the global bullion market. This affiliation is crucial for establishing trust, especially in a market that can attract less scrupulous operators. It assures clients that they are dealing with a recognised and regulated entity within the bullion industry.

Security, Auditing, and Physical Presence

Chards.co.uk prioritises security and transparency, which are critical for high-value transactions involving precious metals.

• Fully Insured: Their explicit mention of being “Fully Insured” through Lloyd’s of London provides a vital layer of reassurance for customers. This insurance covers risks associated with orders, deliveries, and their vaulting service, mitigating concerns about loss or damage.
• Auditing & Accounts: Partnering with Azets, a “top 10 UK auditor,” for third-party verification of financials and vaulted assets demonstrates a commitment to transparency and accountability. Independent auditing helps build confidence in their reported holdings and financial health.
• UK Showrooms: Having strategically positioned showrooms in London’s Hatton Garden and Blackpool’s South Shore provides a tangible physical presence. This allows for face-to-face consultations, secure transactions, and a sense of trust that online-only dealers cannot offer. It caters to customers who prefer personal interaction and direct inspection of goods.

These elements collectively form the operational backbone of Chards.co.uk, aiming to position them as a reliable and secure choice for precious metal transactions in the UK.

Chards.co.uk Pricing and Value Proposition

Understanding the pricing structure and overall value proposition of Chards.co.uk is crucial for potential customers, especially in the context of precious metal investments where margins can be tight and market fluctuations significant. Postcodelottery.co.uk Review

Pricing Structure: Premiums Over Spot

Like all reputable bullion dealers, Chards.co.uk sells precious metals at a premium over the prevailing “spot price.” The spot price is the current market price for immediate delivery of a commodity. The premium covers the costs associated with manufacturing (for coins and bars), assaying, shipping, insurance, storage, and the dealer’s profit margin.

• Fluctuating Spot Prices: The website dynamically displays prices that change with the live market, although the homepage itself misleadingly shows “£0.00 / oz.” Once a product is selected, the specific price, including the premium, is shown. For instance, the “2025 Gold Britannia 1 oz Bullion Coin” is listed “from £2,541.83,” which would be a premium over the current gold spot price.
• Product-Specific Premiums: Premiums vary significantly based on the type of product, its weight, rarity (for collectible coins), and whether it’s new or pre-owned. For example, smaller denominations often carry higher percentage premiums due to higher manufacturing costs per unit.
• “Best Value” and “Pre-Owned” Options: Chards.co.uk offers categories like “CGT Exempt 1 oz Gold Coin Best Value (New)” and “1 oz Gold Bullion Coin Best Value (Pre-Owned).” These “best value” options typically represent products with lower premiums, appealing to investors primarily focused on metal content rather than specific design or mint. Pre-owned items usually have lower premiums than newly minted ones.

Value Proposition: Beyond Just Price

Chards.co.uk’s value proposition extends beyond merely competitive pricing. It’s built on a combination of factors that aim to provide a comprehensive and secure experience:

• Trust and Reliability: Their 61+ years in the trade, LBMA full membership, insurance, and third-party auditing significantly reduce counterparty risk for customers. This reliability is a major value driver, especially for large-value transactions.
• Product Selection: A wide array of gold, silver, platinum, and palladium products, including popular CGT-exempt options like Britannias and Sovereigns, caters to diverse investor preferences.
• Expertise and Customer Service: Customer reviews often highlight helpful staff and excellent communication. The option to “Book an Appointment” and visit physical showrooms offers a level of personalised service often lacking in purely online operations.
• Two-Way Market: The ability to both buy and “Sell Your Precious Metals” through the same dealer adds convenience and ensures liquidity for customers who eventually wish to divest their holdings.
• Secure Delivery and Storage Options: While specific details on the homepage are limited, the mention of insurance covering deliveries and a “vaulting service” indicates a commitment to safe handling and secure storage solutions, which are critical for bullion owners.

In essence, Chards.co.uk aims to provide a premium service in the bullion market, where the slightly higher premiums on some products might be justified by the added layers of security, trust, and comprehensive customer support. However, as noted, from an Islamic perspective, the underlying “investment” nature remains a concern.

Chards.co.uk Customer Reviews: An Independent Assessment

Customer reviews are a vital barometer for any online business, providing real-world insights into service quality, product delivery, and overall satisfaction. Chards.co.uk prominently displays its customer feedback, aiming to leverage social proof to build trust.

Review Aggregation and Rating

On their homepage, Chards.co.uk proudly showcases an “EXCELLENT” rating of 4.8/5 based on 6246 Reviews. This impressive volume and high average score are strong indicators of general customer satisfaction. The reviews are presented directly on their site, featuring snippets of recent feedback. Theframedpicturecompany.co.uk Review

Themes in Positive Reviews

Upon reviewing the provided snippets, several recurring themes emerge from positive customer feedback:

• Speed and Efficiency: Customers like Mr. Bodley mention being “very surprised at how quickly they where dispaced and arrived.” This highlights efficient order processing and prompt delivery, which is crucial for high-value items.
• Helpful and Professional Staff: Cici Brown’s comment, “Very good Staff are very helpful,” and GARANCE JEANNEL’s detailed account of “Great help from Patrick” demonstrate strong customer service. Patrick was praised for his patience, clear answers, and willingness to spend time addressing queries, which is invaluable for first-time buyers.
• Product Accuracy: Gerry S noted, “Coin was as described,” indicating that product descriptions are accurate and meet customer expectations.
• Competitive Pricing: Michael Beale mentioned “good prices,” suggesting that while premiums exist, customers perceive the overall value as competitive.
• Reliability and Consistency: Richard’s comment, “Chards are a reliable, consistent and a friendly dealer,” speaks to the company’s long-term reputation and dependable service.

Areas for Improvement and Constructive Criticism

While overwhelmingly positive, some reviews also offer constructive feedback, providing valuable insights into areas for improvement:

• Packaging Concerns: Gerry S expressed disappointment: “The only disappointment was getting a £2500+ coin in a zip tie plastic bag. For this investment, a proper 50p coin capsule would not go amiss.” For high-value items, the expectation for premium protective packaging is higher, and simple plastic bags can detract from the perceived value and safety of the product. This suggests a need for enhanced packaging solutions, especially for mint-condition or higher-priced items, to match the perceived value and customer expectations.
• Website Navigation/Information Depth: Mr. Bodley’s comment “Having looked at the sight more in depth than iI did the first time i look I found a great deal more than i expected” might imply that some information or features are not immediately obvious or require deeper exploration to uncover. This suggests a potential area for improving intuitive navigation or highlighting key features more prominently.

Overall, the customer reviews paint a picture of a reliable and service-oriented company with a strong track record. The minor points of criticism, particularly regarding packaging, are actionable and, if addressed, could further enhance the customer experience. The high volume and consistent positive sentiment indicate a strong reputation among its user base.

FAQ

What is Chards.co.uk?

Chards.co.uk is a UK-based precious metals dealer specialising in the buying and selling of investment gold, silver, platinum, and palladium bullion coins and bars. They have been in operation for over 61 years.

Is Chards.co.uk a legitimate company?

Yes, Chards.co.uk appears to be a legitimate and well-established company with over 61 years in the trade, a physical presence in the UK, and full membership with the LBMA (London Bullion Market Association). Thechristianshop.co.uk Review

Is Chards.co.uk suitable for Islamic investments?

No, Chards.co.uk primarily facilitates conventional precious metal “investments” where values “may rise or fall,” which often involves speculation and practices that may not align with Islamic finance principles regarding riba (interest), gharar (excessive uncertainty), and maysir (gambling), especially concerning deferred possession and the primary motive of capital gains from market fluctuations.

What precious metals does Chards.co.uk sell?

Chards.co.uk sells investment-grade gold, silver, platinum, and palladium in the form of bullion coins and bars.

Does Chards.co.uk offer CGT exempt products?

Yes, Chards.co.uk offers a range of Capital Gains Tax (CGT) exempt gold and silver coins, which are popular with UK investors.

Are precious metal investments regulated in the UK?

No, as stated on Chards.co.uk’s homepage, “Precious metal investments are unregulated in the UK,” meaning they do not fall under the same regulatory framework as regulated financial products.

Does Chards.co.uk have physical showrooms?

Yes, Chards.co.uk has physical showrooms located in Hatton Garden, London, and South Shore, Blackpool, where customers can book appointments. Pradglass.co.uk Review

How are Chards.co.uk’s customer reviews?

Chards.co.uk has an “EXCELLENT” rating of 4.8/5 based on over 6,200 reviews on their internal review system, with customers frequently praising their service, efficiency, and helpful staff.

Is my purchase insured with Chards.co.uk?

Yes, Chards.co.uk states that they are “Fully Insured” through Lloyd’s of London, covering potential risks associated with orders, deliveries, and their vaulting service.

Can I sell my precious metals to Chards.co.uk?

Yes, Chards.co.uk offers a service to “Sell Your Precious Metals,” indicating they operate as a two-way dealer for bullion.

What is LBMA Full Membership?

LBMA Full Membership signifies that Chards.co.uk is a recognised member of the London Bullion Market Association, which is the global authority for precious metals, ensuring adherence to high standards of practice and responsible sourcing.

How often do prices change on Chards.co.uk?

Prices on Chards.co.uk for bullion products are linked to the live spot price of precious metals, meaning they fluctuate constantly with market movements. Roof-maker.co.uk Review

Does Chards.co.uk offer storage services?

While not explicitly detailed on the homepage, the mention of insurance covering their “vaulting service” suggests that Chards.co.uk offers secure storage solutions for customers’ precious metals.

What are some ethical alternatives to Chards.co.uk for Muslims?

Ethical alternatives for Muslims include Islamic finance funds, Halal Real Estate Investment Trusts (REITs), ethical savings accounts from Islamic banks, Sharia-compliant pensions, and direct investment in ethical businesses.

Is buying physical gold for investment permissible in Islam?

The permissibility of buying physical gold for “investment” in Islam depends heavily on the intention and mechanism. If it’s for speculative trading without immediate physical possession and exchange, it is generally discouraged. If it’s for immediate physical possession as a store of value or for a tangible asset, and the transaction is free from interest and excessive uncertainty, it can be permissible.

Do Chards.co.uk prices include VAT?

For investment gold, VAT is typically exempt in the UK. For silver, platinum, and palladium bullion, VAT usually applies unless specified otherwise. Specific product pages on Chards.co.uk would detail VAT inclusion.

How can I contact Chards.co.uk customer service?

While specific contact details aren’t on the homepage snippet, options usually include phone, email, and booking an appointment for face-to-face consultation. Jewson.co.uk Review

What auditing firm does Chards.co.uk use?

Chards.co.uk states they partner with Azets, a “top 10 UK auditor,” for third-party verification of their financials and vaulted assets.

Are Chards.co.uk’s popular products always the best value?

Chards.co.uk lists “Popular Products” and also specific “Best Value” options for new and pre-owned items, which typically have lower premiums over spot price, making them generally more cost-effective for pure bullion investment.

How long has Chards.co.uk been in business?

Chards.co.uk states they have been “Over 61 Years In The Trade,” establishing them as a very long-standing company in the precious metals market.

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