Bullion by Post Review: Is this company a scam?

Welcome to my review of Bullion by Post!

Are you interested in gold and precious metals? Would you like to collect them or invest in them? 

If so, I know you are currently looking for a bullion company or dealer to get some precious metals. 

Let us get to know and review Bullion by Post!

Should you include them in your options? Let us get to know here if you should!

What is Bullion by Post?

Bullion by Post Review

  • Name: Jewellery Quarter Bullion Ltd.
  • Website: https://www.bullionbypost.co.uk/
  • CEO or Owner: Rob Halliday-Stein
  • Price: Varies
  • Rating: 4.7/5.0

Bullion By Post is an online bullion dealer based in Birmingham City Centre, UK. The company is part of Jewellery Quarter Bullion Limited (JQB).

The Bullion By Post service is offered to private UK investors to have a straightforward and secure way to buy bullion at low margins ideal for investment.

They offer a complete range of bullion products including gold bars, silver bars, gold coins, and silver coins, as well as platinum and palladium products, and an array of helpful tools for understanding the bullion market.

Aside from this, the company is a fully authorized distributor of gold and silver bullion from Umicore, Heraeus, PAMP Suisse, Metalor, Scottsdale Silver, and the Perth Mint.

More so, the company is also a Royal Mint authorized bullion distributor.

Products and Services of Bullion by Post

Gold

Gold is a good option when it comes to investing. It is a way to protect wealth long-term against inflation and other economic shocks. Here are some of the available gold products of Bullion by Post:

Coins

Bullion by Post’s gold coins is manufactured by renowned international mints.

They are an authorized distributor of The Royal Mint and stock gold coins from a wide range of LBMA-approved mints.

Investment-grade gold, including coins, is VAT-free and all of their prices include FREE, fully insured delivery.

Here are some of the gold coins that they offer:

Bullion by Post Review Bullion by Post Review

Bars

Bullion by Post has a wide range of gold bars available at low premiums above spot, with a mix of brand new and pre-owned offering price flexibility.

The bars that they have are pure 24-carat gold and manufactured by LBMA-approved refiners including Umicore, Metalor, Heraeus & PAMP.

Bullion by Post Review

Proof Coins & Sets

They also offer proof coins & sets like the UK Coinage Sets, Britannia 4 Coin Sets, Proof Half Sovereigns, Proof Sovereigns, and many more.

Bullion by Post Review

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Silver

Aside from gold products, Bullion by Post also offer silver products. Here are some of them:

Bars

Bullion by Post offers silver bars. They are all brand new, contain pure 999 fine silver, and are produced by LBMA-approved refiners including Umicore, Metalor, and PAMP. 

The bars available start from as small as 2.5 grams, but the 1oz silver bars or 100g Silver bars making an ideal starting point, while our best value 5kg silver bars offer the best value for large investors looking for significant weights for investment.

Coins

The company offers a wide range of UK silver coins, in addition to international products, all ideal for investment at low margins above the global silver spot price.

Their silver coins are supplied by The Royal Mint, ensuring official legal tender and tax status, and ease of sale in the future. This includes popular options like the Britannia, Royal Arms, and Queen’s Beasts series, to name just a few.

Bullion by Post Review

Gifts

You can also get gifts from Bullion By Post! They are available in beautiful solid oak boxes to give your gift that little extra presentational value. 

Here are some of the available gifts you can get from them:

Bullion by Post Review

Collectible Coins

Aside from coins for investment, you can also get collectible coins from Bullion by Post. They offer are and valuable numismatic coins, whether hammered or milled, on top of our existing gold Guinea coins.

Bullion by Post Review

Platinum

Aside from the usual gold and silver, Bullion by Post also offers platinum products. Here are some of them:

Bars

All platinum ingots that the company sells are manufactured by LBMA-approved precious metal refiners.

Bullion by Post Review

Coins

They also have a variety of platinum coins for investors who may prefer the flexibility or the beauty of a coin. 

Bullion by Post Review

Bullion Refiners

Bullion by Post also offers an array of approved bullion refineries across Europe and America, with accreditation from the likes of the LBMA, COMEX, DMCC, and SGE.

London Bullion Market Association (LBMA) and similar organizations act as gatekeepers or supervisors; inspecting bullion products to ensure their quality, but also monitoring refiners at the point of production to establish whether or not a company is meeting expected standards with regards product quality, consistency, worker safety, and environmental care.

Bullion by Post Review

Accessories

The company also offers a wide range of coin capsules, tubes, and gift boxes to fit most of the coins and bars.

Bullion by Post Review

Ladies Jewelry

Bullion by Post also offers ladies jewelry through THE FINE JEWELLERY Company. They have earrings, necklaces & pendants, gold chains, bracelets, pendants, rings, lockets, and many more.

Bullion by Post Review

Reviews and Ratings of Bullion By Post

Here are some of the reviews and ratings of Bullion by Post:

Click Here To See The Top Rated Gold Firm Of 2021!

    

What I LIKE About Bullion by Post

Physical Gold Pensions

In the UK, changes to pension legislation allow individuals much greater control over their pension savings. Thus, physical gold can be held in a pension via a Self-Invested Personal Pension (SIPP) or a Small Self-Administered Scheme (SSAS). 

This is similar to a Self-directed IRA. Similarly, HMRC requires the gold in your pension to remain securely vaulted, held in bar form, and of purity not less than 995. When you buy gold through us the gold will be in the form of investment-grade bars with a purity of 9999, vaulted with Brinks, and 100% allocated to your pension.

Available in Many Countries

Bullion by Post is available in many countries. Here’s the list of countries that they cater to:

  • Ireland
  • France
  • USA
  • Europe

FREE Delivery

All of the prices of Bullion by Post include FREE, fully insured next-day delivery for all orders over £250.00. Orders smaller than £250.00 will be dispatched as Royal Mail ‘Signed For’, which should be next day delivery but may on occasion take longer.

Buy Back

They re-purchase any bars or coins that they have supplied. To sell, just phone them to lock in a price and then send the items by insured delivery. After receiving and checking the bullion, they will pay you by bank transfer within 1-3 days.

What I HATE About Bullion by Post

Limited Payment Methods

Bullion by Post accepts online payments with credit cards up to £5,000 and debit cards up to the value of £30,000.

Prices Above Current Market Price

Since the global spot price for gold is based on inter-bank transfers of large numbers of London Good Delivery Bars which are 12.5 kilograms each. This price is only available to large banks and does not include any brokerage fees, transportation, storage, or insurance.

Smaller bars are always sold at a premium to the London spot price to reflect the additional costs of producing and testing smaller bars. 

Is Bullion by Post a Scam?

Bullion by Post is a large company of precious metals. 

Given so, the company with its plenty of experience and wide range will ensure you that Bullion by Post is NOT A SCAM. 

However, from looking into their profile and interface, it is not something that I should recommend, they are not very much flexible when it comes to payment.

And I think, there are better companies to acquire gold and other precious metals.

Final Thoughts

When it comes to precious metals and investing in them, I would very much recommend the best.

Why would you settle for an average company when you can have the best?

So, I would certainly recommend GOLDCO.

GOLDCO is a precious metals company that offers security, simple and flexible transactions, and the best customer service. 

You can read more about them by clicking below!

👆 Learn More About GoldCo Here! 

Thank you for reading my Bullion by Post Review! You can leave your comments below!