Last Updated on March 21, 2023 by George
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In New England, Boston Bullion is a well-known and highly regarded dealer in precious metals. They sell many different things, like gold, silver, and platinum.
Boston Bullion has been in business for a long time and is known for selling good products and giving excellent customer service.
Look at their products and services and compare them to those of other dealers in the same field.
Before we get started with this review:
We know how hard it is to choose a business you can trust with your hard-earned money. So, we will give you as much helpful and informative information as possible so you can make the right choice.
We made a list of the investment companies we like best, so it would be easy for you to compare them and choose the one that fits your needs best.
Boston Bullion is a well-known business that sells precious metals. They’ve been around for a long time and are known for making good products and giving excellent customer service.
Boston Bullion sells gold, silver, and platinum, among other precious metals. Boston Bullion is an excellent place to start if you want to buy precious metals to invest in.
In 2006, Boston, Massachusetts, became the home of Boston Bullion. Since then, they have given customers high-quality services and goods made of precious metals.
Boston Bullion is one of the few places that sell precious metals accredited by the Better Business Bureau.
Boston Bullion is also a part of the American Numismatic Association. This group studies coins, money, medals, tokens, and other related items from all cultures and times, including the present.
Boston Bullion does more than sell precious metals. For example, they store and ship items. Boston Bullion offers free shipping on all orders over $99. You can pay with credit cards, PayPal, or a wire transfer from your bank.
How to Sell Your Precious Metals to Boston Bullion
Boston Bullion is always looking to buy gold, silver, platinum, and palladium from people, businesses, and estates. They accept cash, bank wire transfers, and checks, among other ways to pay.
They will ship your order for free if you spend more than $99.
man looking at a clipboard
If you want to sell your precious metals to Boston Bullion, you can call them or email them. They will give you a quote based on how much the precious metal is worth on the market right now.
You must fill out and send in a seller’s kit to sell with them. Then, Boston Bullion will call you to set up a meeting.
At the meeting, they will look at your precious metals and make you an offer based on how much those metals are worth on the market right now. If you agree to their request, Boston Bullion will pay you in cash or send the money to your bank account by wire transfer.
Boston Bullion Products
Some of the things that Boston Bullion sells are:
- 1 kilo Gold Bars
- Perth Mint 1-ounce gold bars
- 1-ounce Valcambi gold bars
- 250-gram gold bars
- Canadian Cougar 1-ounce coin
- Canadian Wolf 1-ounce coin
- Britannia Oriental Border 1-ounce bullion coin
- Patriot Silver 100-ounce bar
- Patriot Silver kilo bar
- 1-ounce silver bar
- Don’t Tread On Me the 1-ounce coin
- Silver Eagle 1-ounce coin
- Silver Grizzly 1-ounce coin
- Platinum Bar 1 ounce
- Eagle 1-ounce coin
- Maple 1-ounce coin
- PAMP bar 10 ounce
- PAMP bar 1 ounce
- Maple 1-ounce coin
- Boston Bullion offers silver bullets that are .999 fine silver and available in various sizes.
Precious Metals IRA
Through a precious metals IRA, you can buy gold, silver, platinum, and palladium from Boston Bullion. With Boston Bullion, it’s simple and easy to set up a Precious Metals IRA. You can set up an account online or by calling their toll-free number.
The first step is to choose an account holder. There are both self-service and full-service options at Boston Bullion.
The next thing to do is add money to your account. Boston Bullion takes cash, checks, credit cards, and bank wire transfers, among other ways to pay. As soon as you put money into your account, you can start investing in precious metals.
What is a Self-Directed IRA?
A Self-Directed IRA is an IRA that lets you invest in more things, like precious metals. With a self-directed IRA, you decide how to invest your money and can choose from several custodians.
Regarding precious metals IRAs, Boston Bullion has both self-directed and full-service options.
How to Fund a Precious Metals IRA
Investors can put money into a new IRA or roll over money from an old one, and people can send money by wire or transfer. If you already have an IRA or 401K, the easiest way to start a new precious metals IRA is to do a straight rollover.
Since this is a qualifying transfer, you don’t have to pay a fee to roll over or transfer any amount. All IRAs have direct rollovers (Standard, Roth, and SEP).
Boston Bullion has options for both separate and mixed storage. When you have segregated storage, your metals are kept away from the metals of other clients. With non-segregated storage, your metals are kept with the metals of different clients.
You can look at your account balance and transactions at any time. Every account holder gets a monthly statement from Boston Bullion.
You can choose at any time to get your metals in your hands. Metals will be delivered to the address of your choice. There are no fees or fines for taking your metals into your own hands.
You can also roll over your retirement account into a precious metals IRA with the help of Boston Bullion.
Reasons to Own Gold
- Gold protects you from inflation.
The value of gold goes up over time while the cost of living increases.
- Gold is an international currency.
It can be used in any country to buy goods and services.
- Gold can be moved and is easy to divide.
It is easy to move and can be broken up into smaller pieces.
- Gold is hard to get.
There is only so much gold in the world. Bureaucrats need to press a key and make trillions of units of gold.
- Gold lasts long.
It doesn’t rust, most chemicals don’t hurt it, and it can last forever.
Why Put Gold in Your IRA?
Individual Retirement Accounts (IRAs) help you save money for your retirement and your family’s financial security.
With these special accounts, you can save money without having to pay taxes on them.
With these long-term accounts, you must put a big chunk of your money into solid, reliable assets to enjoy your retirement without stress.
a couple of hearing on what a financial advisor has to say
You can put cash in an IRA, but it is losing value quickly because inflation is out of control.
It would help if you had a reliable asset that keeps its value and even goes up over time, and gold is the best asset for this.
With lockdowns, shortages, wars, and inflation hurting the world economy, uncertainty has never been higher. To protect themselves, investors are putting physical gold in their IRAs.
A gold IRA investment does well during crises that hurt most other investments.
Risk is knowing about the dangers in the economy but not doing anything to protect yourself and your family.
Safety in the economy means being aware of the risks and taking steps to protect your future finances. This is easy to do with a Gold IRA.
Each trade costs $49.95 from Boston Bullion. When you buy or sell metals, you have to pay a fee.
Difference Between Spot Prices and Bullion Premiums
The current market price of gold is the spot price. The fee that Boston Bullion charges to buy or sell gold is called the bullion premium. The premium is calculated by adding a markup to the spot price, and the markup covers the cost of storage, shipping, and insurance.
Depending on how big and important they are, market events can affect bullion premiums at all levels, from the local to the global. For example, if there is only one place to buy coins, the dealer may raise premiums so they stay supplied.
Some people may buy bullion to protect their savings in places where the local currency loses value quickly. This means that insurance costs will go up.
When a global crisis, like the 2008 Financial Crisis, prices go up because demand increases and people have fewer options.
Every time a seller makes a sale, they must pay for things like time, overhead, and payment processing fees. For a seller, buying or selling 1 Oz of gold could cost the same as buying or selling 1000 Oz.
Because of this, the costs of dealing with larger bullion are spread out. Because of this, the premiums for small purchases are higher, while the tips for large sales are lower per oz.
Boston Bullion Reviews
Most people say good things about Boston Bullion, and customers like how the company takes care of them, has low prices, and ships quickly. Some reviews say Boston Bullion is a great place to buy gold and silver.
Investing in precious metals through Boston Bullion is a great idea. The Better Business Bureau has given Boston Bullion a grade of A+. Since 2014, the BBB has approved the business. On the BBB website, there is one bad review of Boston Bullion.
In another review, a customer says that Boston Bullion did not ship their order on time, and Boston Bullion answered the complaint and figured out what was wrong.
Four stars are given to Boston Bullion on Yelp. Customers like the company’s low prices and good customer service. Some reviews say Boston Bullion is a great place to buy gold and silver.
This is normal for a business that has been open for a while and has various reviews.
Is Boston Bullion a Scam?
No, Boston Bullion is an excellent place to buy gold and silver. The company’s main office is in Burlington, Massachusetts, and the Better Business Bureau has given the company an A+ rating. Boston Bullion is also a member of the American Numismatic Association.
Pros and Cons
- The company Boston Bullion is accurate, and it sells gold and silver.
- Has an A+ rating from the Better Business Bureau and is a member
- Orders are sent out within one business day.
- If you’re unhappy with your purchase, you can get your money back.
Final Thoughts – Boston bullion Review
Boston Bullion has been in business since 2006, and the Better Business Bureau has given them an A+ rating. Boston Bullion sends orders within one business day, and the company will give you your money back if you don’t like what you bought.
Boston Bullion’s website is more challenging to use than other gold dealers’, but its low prices and excellent customer service make up for it.
At the same time, if you spend more than $99, you get free shipping services to keep track of your items.