Welcome to my review of Enterprise Bullion!
If you are planning to invest with Enterprise Bullion you need to read this Enterprise Bullion 2022 updated review to know what you are dealing with!
So what is Enterprise Bullion? How does it work? does Enterprise Bullion worth your time?
Find the answers to these questions and more below!!
Enterprise Bullion Summary Review
- Name: Enterprise Bullion
- Website: Enterprisebullion.com
- Founder: Unknown
- Price: Depends on your investments.
- Rating: 2.5/5
What is Enterprise Bullion?
Enterprise Bullion is a New York-based precious metals company that claims to have competitive pricing, customer service, knowledgeable staff, pristine products, and the security and confidentiality of your orders.
According to the website, Enterprise Bullion has been active since 2018 and it's a member of the Numismatic Guaranty Corporation (NGC), (PCGS), and the United States Mint.
Aside from that, there is no information about who owns the company and there is no exact date when Enterprise Bullion was founded.
Products of Enterprise Bullion
Enterprise Bullion sells different types of gold. Some of them include Gold bullion bars, American gold coins, Canadian gold maple leaf, Chinese gold pandas, and many more.
They also sell American Silver Eagles, Silver Bars & Rounds, Canadian Silver Maple Leafs, 90%, 40%, 35% Coins & Silver Dollars, Chinese Silver Pandas, and many more.
Aside from the normal gold and silver, Enterprise Bullion also sells platinum. They offer platinum coins and bars.
Enterprise Bullion also offers palladium. They come in coins and bars.
The company included this in their offers but the pages were not found or no information was provided.
IRA Precious Metals
Enterprise Bullion puts in a page on their website about IRAs. However, they don't particularly mention which metals are eligible for IRAs.
Here are the steps if you want to put precious metals from Enterprise Bullion in your IRAs:
How does Enterprise Bullion work?
Buying gold and precious metals from Enterprise Bullion is rather simple.
- First, you have to create an account on their website.
- Second, choose your gold and precious metals products and add them to your CART.
- Third, you will proceed to checkout and have them ship your orders.
You can use ACH & Wire Transfer to pay them. They have an account with M&T Bank in New York City.
They also accept credit cards for orders totaling $2,500 or less.
Payment must be made within the following time frames:
- Business/Bank/Cashier’s Check: Received at their office within five (5) business days of order confirmation
- Wire Transfer: Received within two (2) business days of order confirmation
With regards to taxes, New York State requires them to apply 8% sales tax to any orders being shipped to cities within New York.
When purchasing raw bullion over $1000 total in one order, New York residents are exempt from this sales tax requirement.
Reviews and Ratings of Enterprise Bullion
Unfortunately, Enterprise Bullion doesn't have any reviews and they are not accredited by trusted companies like BBB
What I LIKE About Enterprise Bullion
They offer FREE SHIPPING
Enterprise Bullion offers free shipping for orders over $100. On the other hand, they charge $3.99 for the shipping of orders under $100. Most orders are shipped via USPS, FedEx Express, or UPS. FedEx and UPS cannot deliver post office boxes.
They have SHIPPING INSURANCE
All your orders regardless of the size are covered by their insurance policy. If your shipment is lost or damaged, they will refund your money or re-ship it.
No ORDER MINIMUM
Enterprise Bullion does not require you to have minimum orders. But when paying them, you must follow some rules
What I HATE About Enterprise Bullion
Market Loss Policy
Enterprise Bullion has a market loss policy in which if you fail to pay for your order, they reserve the right to recover any losses incurred due to changes in spot prices and product premiums in addition to a $39.50 cancellation fee.
Any market fluctuation in the price of the product from the time you confirm and when you cancel is your liability. You will be responsible for compensating the cost of any losses obtained during this period.
Their RETURN Policy
Apparently, bullion may not be returned. Numismatics may only be returned or exchanged if specified during the confirmation or otherwise it is assumed there are no return privileges.
Their WEBSITE IS LACKING
When you visit their website, it's not properly made. Some parts are missing, if you click on a particular coin, you will only see its name without pictures or description.
They do not mention who is the owner of the company or further details about it.
You can't also easily see important information like details about IRA Accounts, ordering policies, payment options, etc. on its main page. You must thoroughly view their website to see this.
They are not ACCREDITED BY TRUSTED COMPANIES
More so, Enterprise Bullion is not accredited by trusted business companies like BBB, Trustpilot, etc. and they also have no reviews in there.
I think if you are doing business that involves high-value products, you should consider being accredited so that more people will trust you and confidently create transactions with you.
Is Enterprise Bullion a Scam?
What is Enterprise Bullion? Is it a scam? I actually don't know.
There are no reviews by other people or past customers, so, I am not very sure.
However, giving it a benefit of the doubt, it is a simple gold and precious metals, online retailer.
They have an account in banks in New York, but upon searching their name in the business directory of New York, I did not see their name.
So, am I recommending it? NO.
But, if you are still not convinced, just do more research maybe I am missing something.
Investing in gold and precious metals is not a simple matter.
It is expensive and takes a lot of serious money.
So, before you go investing and giving out your money to a precious metals retailer, make sure they are trustworthy.
After reviewing over 125 precious Metals companies Goldco is what I recommend confidently!
GOLDCO is a gold and precious metals company that can also help and assist you with your IRAs.
You can learn more about them by clicking below:
Thank you for reading my review! I hope I was able to help you one way or another!