As an experienced investment analyst with over seven years of consistent success in the financial markets, I’ve always emphasized the importance of diversification in building a resilient portfolio. Precious metals, particularly gold and silver, have long been a cornerstone of my strategy, offering stability and protection against economic uncertainty. Over the years, I’ve worked with numerous dealers, but one name that has consistently stood out is BGASC—Buy Gold and Silver Coins.
In this review, I’ll share my firsthand experience with BGASC, diving into their product offerings, pricing, customer service, and overall reliability to help you determine if they’re the right partner for your precious metals investments.
Whether you’re a seasoned investor or just starting to explore the world of bullion, this review will provide valuable insights into what BGASC brings to the table.
Table of Contents
What is BGASC?
BGASC, short for Buy Gold and Silver Coins, is a leading precious metals dealer based in the United States. Since its founding in 2012, BGASC has earned a reputation for offering a wide range of gold, silver, and platinum products. Whether you’re an investor seeking bullion or a collector looking for rare numismatic coins, BGASC caters to both audiences with its extensive inventory.
The company emphasizes fast shipping, competitive pricing, and secure transactions, making it a go-to choice for those venturing into precious metals.
Additionally, BGASC was acquired in 2022 by JM Bullion, a subsidiary of A-Mark Precious Metals, which further solidifies its position as part of a trusted network within the industry.
BGASC Offerings
One of BGASC’s standout features is its diverse product range. Here’s what you can expect:
- Gold and Silver Bullion: BGASC offers popular coins like American Gold Eagles, Canadian Maple Leafs, and South African Krugerrands, alongside bars and rounds for investors.
- Platinum Products: For those looking to diversify further, BGASC provides platinum coins and bars.
- Pre-1933 U.S. Gold Coins: These coins appeal to collectors due to their historical significance and numismatic value.
- Junk Silver: Affordable 90% silver coins are available for those new to silver investing.
- Special Deals: Regular promotions on select products help maximize investment value.
BGASC also ensures that all packages are securely shipped with full insurance, offering peace of mind to customers. While the company does not focus heavily on services like IRAs or palladium products, its core offerings remain robust and reliable.
Is BGASC Legit?
Yes, BGASC is absolutely legitimate. The company has built a strong reputation over the years and holds several accreditations that underscore its credibility:
- Better Business Bureau (BBB): BGASC boasts an A+ rating on the BBB website, reflecting its commitment to customer satisfaction.
- Industry Certifications: It is an authorized dealer for the Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC), as well as a member of the Certified Coin Exchange (CCE).
- Customer Reviews: With over 7,700 reviews on Trustpilot averaging 4.8 stars and thousands more positive ratings on Shopper Approved, BGASC has consistently demonstrated reliability and trustworthiness.
- Secure Transactions: All shipments are insured and discreetly packaged to ensure safe delivery.
These factors make BGASC one of the most trusted names in the precious metals industry. Whether you’re buying a single coin or making a larger investment, you can feel confident in their transparency and service quality.
How to Invest with BGASC?
Investing with BGASC is straightforward and flexible, catering to both small and large investors. Here’s how you can get started:
Order Online: BGASC’s website is available 24/7, allowing you to browse their catalog, view live prices, and place orders at your convenience. Simply add items to your cart, choose a payment method, and complete the checkout process. Orders typically ship the next business day after payment clears, making it quick and efficient.
Call to Order: For larger orders exceeding $10,000 or special handling requests, you can call BGASC during business hours. Their knowledgeable traders can help customize your order based on your investment goals, desired gold-to-silver ratio, and budget. This option is ideal for IRA purchases or expedited shipping needs.
Personalized Portfolio Recommendations: If you’re unsure about which products to choose, BGASC offers expert guidance to help build a portfolio tailored to your financial goals and risk tolerance. Their team provides recommendations on the types of metals and quantities that align with your strategy.
BGASC’s flexibility ensures that whether you’re starting small or making a significant investment, there’s an option that suits your needs.
BGASC Storage
When it comes to storing your precious metals purchased through BGASC, the company offers several secure options:
Home Storage: You can store coins and bars at home using safes or vaults for easy access. BGASC also sells protective supplies like coin capsules, tubes, and bar holders to keep your investments in pristine condition.
Bank Safety Deposit Boxes: For added security, many investors opt for bank safety deposit boxes.
Third-Party Storage: BGASC partners with trusted depositories such as Brinks Global Services and Delaware Depository for professional storage solutions. These facilities are fully insured and audited regularly to ensure the safety of your assets.
These storage options provide flexibility depending on your preference for accessibility or maximum security.
BGASC Service Fee
BGASC prides itself on transparency with no hidden fees. Here’s what you need to know about their service charges:
Shipping Fees: Orders over $199 qualify for free shipping within the U.S., while smaller orders incur a flat fee of $9.95. Packages valued above $1,000 require a signature upon delivery for added security.
Payment Discounts: Customers paying via bank wire receive discounts due to lower transactional costs compared to credit cards or PayPal.
Cancellation Fees: If you cancel an order after prices are locked in, BGASC charges a $35 fee along with any applicable market loss fees based on spot price fluctuations.
BGASC’s pricing structure is competitive and straightforward, ensuring that customers are aware of all costs upfront while benefiting from potential discounts on bulk purchases or certain payment methods.
Praises For BGASC
BGASC has earned a strong reputation among precious metals investors, and there are several aspects of their service that I personally appreciate:
Competitive Pricing: BGASC consistently offers some of the best prices in the industry for gold, silver, and other precious metals. Many customers, including myself, have compared their rates to other dealers and found BGASC to be among the most affordable. This makes them an excellent option for maximizing investment value.
Fast and Secure Shipping: One of BGASC’s standout features is their commitment to fast delivery. Orders are often shipped ahead of schedule, and each package is fully insured and discreetly labeled to ensure safety during transit. This reliability provides peace of mind, especially when dealing with high-value items.
User-Friendly Website: Their website is intuitive and easy to navigate, with live pricing updates and a ten-minute price lock feature during checkout. This allows investors to make informed decisions without worrying about sudden price fluctuations.
Wide Product Selection: BGASC offers a diverse inventory, including bullion coins, bars, rounds, and collectible numismatic coins from reputable mints worldwide. Whether you’re looking for American Eagles or Canadian Maple Leafs, their selection caters to both new and seasoned investors.
Excellent Customer Service: BGASC’s team is professional and responsive, addressing inquiries promptly and providing guidance throughout the purchasing process. Many customers have praised their helpfulness in resolving issues or answering questions about products.
Criticisms For BGASC
While BGASC excels in many areas, there are a few criticisms that I’ve noticed during my experience:
Occasional Shipping Delays: Although BGASC generally ships quickly, there have been isolated incidents where orders were delayed due to high demand or logistical challenges. While these delays are usually communicated upfront, they can be frustrating for time-sensitive purchases.
Customer Service Responsiveness During Peak Times: Some reviews mention slower response times from customer support during busy periods. While my own interactions with their team have been positive, this could be an area for improvement to ensure consistent service quality.
Limited International Availability: BGASC primarily serves U.S.-based customers and does not offer shipping options outside the country. This limits access for international investors who might otherwise benefit from their competitive pricing and extensive inventory.
Short Return Period: The company’s return policy has a relatively tight window for returns or cancellations. While this aligns with industry standards due to fluctuating precious metals prices, it can pose challenges for buyers who need more flexibility.
Despite these minor drawbacks, I believe BGASC remains one of the most reliable precious metals dealers in the market. Their strengths far outweigh these criticisms, making them a solid choice for anyone looking to invest in gold or silver.
Is BGASC Right for You?
Yes, I believe BGASC is an excellent choice for most precious metals investors. Whether you’re a first-time buyer or a seasoned investor like me, BGASC offers a combination of competitive pricing, a wide product selection, and reliable service that’s hard to beat. Their straightforward purchasing process and transparent fee structure make them particularly appealing to those who value simplicity and trustworthiness in their transactions.
If you’re looking to diversify your portfolio with gold, silver, or other precious metals, BGASC provides everything you need to get started. Their focus on customer satisfaction, fast shipping, and secure packaging ensures that your investments are handled with care. While they may not cater to international customers or offer advanced services like extensive IRA management, their strengths in core areas make them a top-tier option for U.S.-based investors. For me, BGASC has been a reliable partner in my investment journey, and I wouldn’t hesitate to recommend them to others.
BGASC FAQs
Here are answers to some common questions about BGASC based on my experience:
1. Does BGASC sell authentic products?
Yes, all products sold by BGASC are guaranteed to be authentic. They source their inventory directly from reputable mints and distributors and are an authorized dealer for PCGS and NGC-certified coins.
2. What payment methods does BGASC accept?
BGASC accepts various payment options, including bank wire transfers (which often come with discounts), credit/debit cards, PayPal, personal checks, and cashier’s checks. Bank wires are ideal for larger purchases due to lower fees.
3. How long does it take for orders to ship?
Most orders ship within one business day after payment clears. However, the exact timeline depends on the payment method used—bank wires clear faster than checks, for example.
4. Does BGASC offer IRA-approved products?
Yes, BGASC provides IRA-eligible gold and silver products. While they don’t directly manage IRAs, they partner with custodians who can help set up a precious metals IRA if your investment meets the $30,000 minimum requirement.
5. Can I cancel my order?
Yes, but cancellations are subject to a $35 fee plus any market loss fees due to price fluctuations. It’s important to be certain before placing an order since precious metals prices can change rapidly.
6. Is there a minimum order amount?
No, there’s no minimum purchase requirement at BGASC. This flexibility makes it easy for new investors to start small while still benefiting from their services.