Last Updated on February 9, 2023 by George
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Over three decades have passed since Bold Precious Metals began operating in the sector. It is a reputable and well-known bullion dealer online.
To make an informed choice, you should research their policies and customer evaluations to learn more about them.
The organization provides a variety of precious metals at affordable costs to current and potential investors. The business also offers collectible coins, pre-1933 coins, and precious metals IRAs in addition to bullion.
Before you begin this evaluation:
You know how challenging it is to choose a business you can entrust with your hard-earned savings. They create educational and helpful content so you have all the knowledge you need to make the best choice.
It is a family-run business founded due to the family’s grandfather, an enthusiastic coin collector. The grandfather explained to the family these coins’ historical and aesthetic value.
The kids continued to be interested in the coins even though they pursued a variety of jobs in the fields of technology, finance, and engineering.
They first took an interest in precious physical metals as an investment vehicle as a hobby before becoming more serious about it. The family got into coin collecting for amusement.
Additionally, they taught their kids about national history and diverse cultures by using their collections of coins.
The family also learned more about the unstable nature of fiat currency-based monetary systems and the inherent worth and financial security provided by gold, silver, and other precious metals.
The company’s primary objective as a business is to inform the public about the value of investing in precious metals.
The company has built strong ties with many leading suppliers worldwide, allowing them to provide a vast assortment of bars, rounds, and modern coins in addition to high-quality graded coins from NGC and PCGS at affordable prices.
Since they never use pressure to buy, their enthusiasm for this company is evident.
They emphasize having a group of well-informed consumers who understand what they are purchasing and are happy with every engagement they have with the business.
The business quickly buys back its products because they only sell high-quality goods.
Precious Metals IRA
The Taxpayer Relief Act of 1997, the most significant tax reform law in US history, made precious metals IRAs viable.
A self-directed IRA enables investors to invest in non-conventional assets not permitted in a traditional IRA, such as precious metals, real estate, and fine art.
A self-directed IRA, known as a precious metals IRA, enables investors to invest in particular precious metals. Palladium, platinum, silver, and gold are just a few of the precious metals that can be purchased through a self-directed investing account.
It’s crucial to understand that you cannot purchase bullion bars or coins for your IRA account, and exact purity requirements must be met.
Only specific types of coins and bullion are permitted to be included in a precious metals IRA by Internal Revenue Code regulations.
These include the 1 oz silver coins and the quarter, half, and 1/10 ounce US gold coins produced by the Treasury Department.
The business intends to introduce a solution to assist its clients in establishing their self-directed precious metals IRA. Their objective is to make it simple for customers to purchase and add actual bullion to their accounts. This service is not currently accessible, though.
Shipping Options from Bold Precious Metals
The company offers free shipping when customers place domestic US orders worth $200 or more. Remember that the value of the merchandise and welcome packages cannot be considered to meet the shipping minimum.
For orders that total less than $200, shipping is only $6. You must add $7 to your order if you want expedited shipping.
All orders worth more than $760 are dispatched for free with the option to need a signature. Customers who place orders valued at less than $760 can add signature confirmation for $3.
Customers are advised to select this option by the business to safeguard their delivery from theft or loss. A person above the age of 21 must sign for the shipment to comply with USPS regulations.
Shipping Insurance
Every one of the company’s orders is shipped wholly insured, and it does support client confidence.
The consumer can choose to receive a full refund equal to the purchase price if a product is lost or damaged in transit, or the business may decide to send replacement items.
It is significant to note that the insurance only covers the packages while they are being transported; once delivery has been verified or the carrier has acquired a signature, the coverage expires.
Storage Service
The business does not provide any form of storage service at the time of writing. However, the company plans to introduce a service that lets users have a secure and private depository and depository account.
Once the service is available, customers can receive free direct delivery of their purchases to bank accounts.
Pricing
The business does not collect sales tax from customers in any state when selling numismatic or bullion products. Customers who purchase other product categories are subject to sales tax, but only if they reside in Texas.
The cost of a product varies depending on its features. Because some products are offered at a premium for many reasons, including the total mintage, demand for that product, design, or origin of the mint, similar effects have variable pricing.
On their website, you may see pricing for precious metals, including platinum, silver, and gold. The prices shown on the website are correct and accurate based on spot prices.
One of the most significant locations to acquire precious metals is from a company known for having the best prices online regarding price comparison. You can pay them with cash, a check, or PayPal.
Selling Precious Metals to Bold
The organization could assist you if you own precious metals like silver, platinum, or gold and wish to liquidate a portion of your holdings. You should hear back from them after using their contact form within one business day.
The business undertakes to issue a reasonable and truthful quote for the merchandise if it decides to purchase what the consumers are willing to sell.
Customers may use the cash estimate provided by the business as store credit to make a new purchase from the corporate shop.
What is Gold Bullion?
Gold bullion is the term for physical gold of the most excellent purity and is presented in coins or bars. In the past, legal tender gold coins were used to store gold, and gold coins were simpler to buy or sell than gold nuggets or bars.
Over time, though, some reputable refiners began offering gold bars for sale to investors.
Gold bullion bars are now available in various sizes, ranging from 1 g to 1 kg and from 1 ounce to 100 troy oz. The gold kilobar is often the most significant size offered in the retail investment market.
The massive 400-troy-ounce gold bar is typical in the institutional gold market. If you look at the gold contracts available on the COMEX futures, you’ll see that they often contain 100-ounce, 400-ounce, or kilo gold bars.
Numismatic Coins
These coins are unique since investors value their collectability and rarity. The historical value of these coins is more significant than the purity and overall metal content.
The coin’s overall value is also influenced by its mintage and condition. Most of the time, these coins sell for more money than the metal’s spot price.
It is because fewer of these coins are available due to their lack of production. Collectors looking for specific mint marks or dates for their collections frequently seek out such coins.
In plain English, the rarity and history of these coins, rather than the precious metals they contain, determine their worth.
Notably, unlike specific bullion coins, numismatic coins are not permitted to be included in the precious metals IRA.
FAQs
What varieties of bullion does Bold Precious Metals sell?
The business offers bullion for sale through grounds, bars, and coins. Coins cost more because they are considered to be legal money because government mints produce them.
Rounds, produced by private mints and not regarded as currency, do not have such a high premium. Similar to coins, bars are also primarily produced by private mints, which results in a smaller bonus.
What do certified coins mean?
Certified coins have undergone authentication and grading by the Professional Coin Grading Service or the Numismatic Guarantee Corp. For verification, each of these coins has a unique serial number, and they are all stored in plastic slabs.
Each of these coins has a grade ranging from 1 to 80, with 80 denoting immaculate conditions.
What does “junk silver” mean?
Simply put, silver coins are classified as junk if their only worth is derived from the amount of silver they contain and not from their numismatic appeal or condition.
Which precious metal is the most excellent choice for investments?
The company’s experts advise investors to diversify their precious metal holdings by investing in platinum, palladium, silver, and gold. A large selection of goods is offered at various price ranges to suit different budgets.
Is Bold Precious Metals a Scam?
No, they wouldn’t be on our list if they weren’t a reputable and entirely legitimate business. They have experience in this field for a while and have many pleased clients.
Final Thoughts – Bold Precious Metals Review
The business sells a variety of bullion goods. They have some unique products in their inventory of precious metals and regular ones.
They only have a few assessments from independent bodies, and they also only have a few ratings.
Potential customers place a high value on a company’s reputation, and this is a new business with a short track record.
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