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June 24, 2023

Bold Precious Metals Review: Is it a risky or safe investment?

Today, the precious metals industry is booming. As a result, it is an exciting way to grow your portfolio. In this review will determine if "Bold Precious Metals" is risky or a safeguard for your investment portfolio.

We also aim to provide you with an in-depth understanding of the company and its offerings, empowering you to make the right investment decisions.

Before we dive into the details, we acknowledge the challenges of selecting a trustworthy company to safeguard your hard-earned savings. Our goal is to equip you with the knowledge necessary to make an informed decision.

Bold Precious Metals Quick Summary

Bold Precious Metals Summary Review

  • Name: Bold Precious Metals
  • Website: //www.boldpreciousmetals.com/
  • Founder: Ryan Cochran
  • Rating: 3.9/5
Bold Precious Metals Logo

What is Bold Precious Metals

BPM Home Page

Bold Precious Metals is a family-operated business founded by individuals who inherited a passion for coin collecting from their grandfathers. This hobby gradually evolved into an interest in physical precious metals as an investment vehicle. The family used their coin collections to educate their children about various cultures and the historical significance of coins.
Their experience and knowledge about the intrinsic value of gold and silver and the vulnerabilities of fiat currency systems led them to establish a business focused on educating people about the importance of investing in precious metals.

Over the years, Bold Precious Metals has developed strong relationships with top suppliers worldwide, enabling them to offer a vast selection of bars, rounds, collector coins, and graded coins from reputable sources such as NGC and PCGS. They prioritize providing well-informed customers with exceptional service rather than aggressive sales tactics.

The Product and Service they Offer 

At Bold Precious Metals, They are offering an extensive range of options when it comes to precious metals, coins, collectibles, and numismatics. With their strong affiliation with both private and sovereign mints, they bring you a wide array of choices that cater to every collector's taste and investment strategy.

When you shop with them, you'll discover an impressive selection of gold and silver metals from renowned mints around the globe. Here are just a few of the prestigious mints whose products they proudly offer:

BPM Gold Products
BPM Gold Products 1
BPM Silver Products
BPM Silver Products
BPM Silver Products1
BPM Palladium and Platinum Products

Precious Metals IRA

A significant development in the investment landscape was the introduction of Precious Metals IRAs. These self-directed IRAs allow investors to include non-traditional assets like precious metals, art, and real estate in their investment portfolios. Precious Metals IRAs provide an opportunity to invest in gold, silver, platinum, and palladium.

However, it's essential to understand that not all bullion bars and coins are eligible for inclusion in a precious metals IRA. Stringent purity standards and guidelines set by the Internal Revenue Code restrict the types of coins and bullion that qualify. For example, eligible coins include specific US gold and silver coins issued by the Treasury Department.

Bold Precious Metals aims to launch a service to assist customers in setting up their self-directed precious metals IRAs, facilitating the purchase and deposit of physical bullion into their accounts. However, this service is not currently available.

Storage Service

As of now, Bold Precious Metals does not provide storage services. However, the company plans to launch a service that allows customers to have their own secure and private depository account. Once this service is available, customers will have the option to have their purchased products delivered directly to their depository accounts, free of charge.

Selling Precious Metals to BPM

If you possess precious metals such as silver, platinum, or gold and wish to liquidate a portion of your portfolio, Bold Precious Metals may be able to assist you. Simply reach out to them through their contact form, and you can expect a response within one business day.

If the company agrees to purchase the items you are selling, they will provide a fair and honest quote. Customers also have the option to utilize the cash quote as store credit for future purchases from the company store.

BPM Precious Metal Buy Back Program 

If you're looking to liquidate your precious metals from your portfolio, Bold Precious Metals offers a convenient buy back program. When you're ready to sell, simply reach out to the company directly to discuss the metals you have available and inquire if they are currently purchasing those specific products.

Once they confirm their interest in buying your metals, it's essential to have a clear understanding of the terms and conditions surrounding the transaction. Here are a few key points to consider:

  1. Offer and Pricing: Make sure you have a thorough understanding of the offer Bold is providing for your precious metals. This includes the price they are willing to pay for your assets.
  2. Shipping and Shipment Security: Clarify whether Bold will cover the shipping costs or if it's your responsibility. Additionally, inquire about the security measures in place to safeguard the shipment during transit.
  3. Payment Timeframe: It's crucial to know how long it will take to receive your payment once the transaction is completed. This information will give you a clear expectation of when you can expect to have the funds in your possession.
  4. Store Credit Option: As an added benefit, Bold offers the option of receiving store credit instead of immediate payment. This allows you to choose to purchase other metals for your portfolio, giving you flexibility in managing your investments.

When engaging in the precious metal buy back program with Bold, open communication is key. Feel free to ask any questions you may have to ensure a smooth and satisfactory experience.

At Bold Precious Metals, they understand the importance of providing a hassle-free and transparent process, enabling you to unlock the value of your precious metals with confidence.

BPM Prices and Fees 

Bold Precious Metals does not charge sales tax on the sale of numismatic or bullion products in any state, except for Texas residents who may be subject to sales tax on certain product categories.

Pricing for precious metals varies based on the specific product. Different factors, such as total mintage, demand, design, and mint of origin, can influence the premium attached to each product. The Bold Precious Metals website provides accurate pricing information based on spot prices for platinum, silver, and gold.

Payment Options and Details

When it comes to making payments, Bold Precious Metals offers a range of convenient options. Their website is designed to guide buyers seamlessly through the payment process. Let's take a closer look at the available payment methods:

  1. Credit Card: With this option, payment is held for 1 day, and the shipment is dispatched within 1 business day of receiving the payment.
  2. PayPal: Similarly, payment made through PayPal is also held for 1 day, and the shipment is sent out within 1 business day after receiving the payment.
  3. Electronic Check: If you choose to pay via electronic check, please note that the payment is held for 5 business days. Once the payment is received, the shipment is processed and dispatched within 5 business days.
  4. Paper Check: Payments made through a paper check also follow a 5-day holding period. After receiving the payment, Bold Precious Metals ships the order within 5 business days.
  5. Bank Wire: When paying via bank wire, the payment is held for 2 business days. Once the payment is received, the shipment is processed and dispatched within 2 business days.

Additionally, here are a few key details to help you better understand the payment and shipping process:

  • Orders are held until all presale and back-ordered items are fully received, ensuring that you receive your complete order without any delays.
  • If you have completed individual eCheck verification, your order history limits can be increased for added convenience.
  • As a new customer, you may be required to pay a 10% deposit via credit card to secure the transaction.

It's important to familiarize yourself with Bold Precious Metals' terms and conditions to stay informed about any potential restrictions and specific payment requirements.

At Bold, they strive to provide a smooth and transparent payment experience, ensuring that your precious metals journey begins without a hitch.

Shipping option from BPM

Bold Precious Metals offers free shipping on domestic orders within the US valued at $200 or more. Please note that the value of Merch items and Welcome Packs cannot be included to meet the shipping minimum.

For orders below $200, a nominal shipping fee of $6 is applied. If you prefer expedited shipping, you have the option to pay an additional $7 at checkout.

All orders above $760 in value are shipped with the option of requiring a signature, ensuring safe delivery. Customers placing orders under $760 can add signature confirmation for just $3. This additional option provides added protection against loss or theft, as packages must be signed for by an individual above the age of 21, as per USPS rules.

Shipping Insurance

To instill customer confidence, Bold Precious Metals includes full shipping insurance with every package. In the event of transit damage or loss, customers have the choice of receiving a full refund equivalent to the purchase price or having replacement items sent at the company's discretion.

It's important to note that shipping insurance only covers packages during transit. Once the carrier confirms delivery or obtains a signature, the insurance coverage ceases to apply.

Ratings and Reviews at BPM 

When it comes to evaluating a business, we believe in gathering insights directly from customers. As part of our comprehensive review process, we consult various online sources to understand the experiences and opinions shared by individuals who have engaged with Bold Precious Metals. Our sources include the Better Business Bureau (BBB), Trustpilot, Yelp, and Google Business Profile, We also conduct searches for any recent state or federal complaints and relevant news articles that shed light on the company's culture and business practices.

Here you can see the brief overview of Bold Precious Metals, along with links to investigate further through these review sources:

BBB - Bold Precious Metals has earned an A+ rating from the Better Business Bureau and holds the status of an Accredited Business. Please note that the reviews on BBB do not contribute to the business's accreditation. The company has a rating of 3.86 out of 5 stars, with 13 complaints closed in the last 3 years. Within the past 12 months, 8 complaints have been registered, and there are a total of 42 reviews. 

Trustpilot - On Trustpilot, there are 11 reviews for Bold Precious Metals. The overall rating stands at 3.9 out of 5 stars. It's worth noting that 18% of the ratings are 1 star.
Yelp - No business reviews were found for Bold Precious Metals on Yelp.

Google Business Review - Bold Precious Metals has received 58 Google Reviews, resulting in an average rating of 4.1 out of 5.0 stars.

Through our research, we discovered a range of customer concerns and complaints. These include questionable business practices, order cancellations when prices rise, holding orders for complete delivery, double charging for delivery, delayed shipments, and instances of poor customer service.

We encourage you to delve deeper into these reviews to gain a comprehensive understanding of customer experiences with Bold Precious Metals.

Bold Precious Metal Review
BPM Review
BPM Review 2
BPM Review 3

Their are also have Complaints:

BPM Review 1
BPM Review 5
Bold precious metals complaint

What I Like About BPM

  1. Wide Variety of Gold and Silver: Bold Precious Metals offers an extensive range of gold and silver metals from renowned mints around the world. You'll have plenty of options to choose from and diversify your precious metals portfolio.
  2. Free Shipping for Orders Above $199: If you're based in the United States and your order value is $199 or more, you'll enjoy the convenience of free shipping. It's a great way to save on shipping costs and receive your precious metals without any extra charges.
  3. Anticipated Services Coming Soon: Bold Precious Metals has exciting plans for the future, including launching services to assist customers in setting up self-directed precious metals IRAs. This will make it easier for investors to include non-traditional assets like precious metals in their portfolios.
  4. Pre-sales and Promos: Bold Precious Metals frequently offers pre-sales and promotions, allowing you to take advantage of special deals and discounts. Keep an eye out for these opportunities to maximize your investment potential.

What I Don't Like About BPM

  1. Limited Stock for Platinum and Palladium: While Bold Precious Metals has an impressive selection of gold and silver, their stock for platinum and palladium is limited. If you're specifically looking for these metals, you may have fewer options to choose from.
  2. Lack of Information about the Team: One area where Bold Precious Metals could improve is providing more information about their team. Customers may feel more confident and connected when they have knowledge about the people behind the company.
  3. No Information on Worldwide Shipping: Currently, there is no clear information available about Bold Precious Metals' worldwide shipping options. If you're an international customer, it's important to reach out to their customer support to inquire about shipping to your location.
  4. Reviews and Ratings are Lacking: While Bold Precious Metals has some positive ratings and reviews, there are also customer concerns and complaints, including issues with business practices, order cancellations, and delayed shipments. It's important to conduct thorough research and consider all perspectives before making a decision.

Final Thought 

Questioning, "Is BPM a risky or safe investment?" Let's wrap it up with key takeaways to help you make an informed decision. This Bold Precious metal is a safe investment method; you must know their business practices broadly.

Investing in precious metals can be a smart way to safeguard your wealth. For a trusted alternative, we recommend our top-rated company regarding precious metals, Augusta Precious Metals. They are well-known for offering valuable products and services throughout your journey!

 Invest wisely and protect your financial future! 

Click here for your precious metals investment guide!

Need Information? Call Here: (844) 577-0028

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