Welcome to my BullionByPost Review!
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 BullionByPost!
Should you include them in your options? Let us get to know here if you should!
BullionByPost Quick Summary
What Is BullionByPost?
BullionByPost is an online bullion dealer based in Birmingham City Centre, UK. The company is part of Jewellery Quarter Bullion Limited (JQB).
The BullionByPost 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 BullionByPost
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 BullionByPost:
BullionByPost'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:
BullionByPost 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.
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.
Aside from gold products, BullionByPost also offer silver products. Here are some of them:
BullionByPost 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 make an ideal starting point, while our best value 5kg silver bars offer the best value for large investors looking for significant weights for investment.
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.
You can also get gifts from BullionByPost! 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:
Aside from coins for investment, you can also get collectible coins from BullionByPost. They offer are and valuable numismatic coins, whether hammered or milled, on top of our existing gold Guinea coins.
Aside from the usual gold and silver, BullionByPost also offers platinum products. Here are some of them:
All platinum ingots that the company sells are manufactured by LBMA-approved precious metal refiners.
They also have a variety of platinum coins for investors who may prefer the flexibility or the beauty of a coin.
BullionByPost 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 to product quality, consistency, worker safety, and environmental care.
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 also offers ladies jewelry through THE FINE JEWELLERY Company. They have earrings, necklaces & pendants, gold chains, bracelets, pendants, rings, lockets, and many more.
Reviews and Ratings of BullionByPost
Here are some of the reviews and ratings of BullionByPost:
What I Like About BullionByPost
- 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
BullionByPost is available in many countries. Here's the list of countries that they cater to:
- Free Delivery
All of the prices of BullionByPost 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 Don't Like About BullionByPost
- Limited Payment Methods
BullionByPost 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
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 BullionByPost A Scam?
BullionByPost is a large company of precious metals.
Given so, the company with its plenty of experience and wide range will ensure you that BullionByPost is NOT A SCAM.
However, from looking into their profile and interface, it is not something that I should recommend, they are not very flexible when it comes to payment.
And I think, there are better companies to acquire gold and other precious metals.
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!
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