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Boston Bullion Review 

You have probably landed on this Boston Bullion review page as you want to discover more information about this company; rest assured, by reading this page thoroughly, you will be equipped to make an informed decision about dealing with Boston Bullion or not.

When deciding to invest in a gold IRA through any company, seeking many opinions can be helpful, but how do you know whom you can trust?

At Bear Lake Gold, we put you, our reader, at the center of everything we do; our prime aim is to provide unbiased information and opinions backed by our research that will allow you to make the correct decision for your personal circumstances. We developed a rigorous review methodology that allows us to review any company in this market comparatively, fairly, and independently so you can make an informed decision about which precious metal company best suit your needs.

Our methodology has many parts but always includes contacting a subset of the companies’ management team, employees, and clients who have done business with the company. We ask probing questions from which we can assess knowledge, honesty, ethics, suitability, and from a customer’s perspective, exactly what type of experience you would have if you were to become a customer.

By reading this Boston Bullion review, you will be provided with details about the company's pricing, members of its management team, its products and services, how other review sites rate them, and what we consider the pros and cons of working with them are.

Using the research we have painstakingly and meticulously undertaken, we aim to answer three key questions

  • Is the company we are reviewing a scam or a legitimate company?
  • If we were buying precious metals, would we recommend them?
  • If we do not recommend the company we are reviewing for any reason, who might we recommend as an alternative to them?

Summary for Those Who Want a Quick Abridged Answer

As a result of our research, we concluded

  • Boston Bullion is not a scam company
  • We would not recommend them as one of our top thirty precious metals providers.

If you would like more details of why we came to these conclusions, please read the full article below.

Alternatively, we’re all about saving you, our readers, time and considerable effort here at Bear Lake Gold; if you want to know more about any of these three companies that our research demonstrated were far superior to all others in their industry, click on the relevant button below. There is absolutely no charge or obligation when requesting this essential information. - We promise it will be worth your while!

Augusta Precious Metals, Goldco, and Hartford American Gold passed every aspect of our review process with flying colorsPlease read the full article below if you want more details about why we came to these conclusions. They did this because they are honest, trustworthy, have reasonable terms and conditions, and pricing, are friendly, easy to deal with, and not pushy; they also have great educational programs and better customer service than any other brand we know of that will hold your hand every step of the way.

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Boston Bullion Review

Boston Bullion

Introduction to Boston Bullion

The company is a BBB-accredited (Better Business Bureau) company operating in the precious metals market. They are located at 127 Cambridge St #1A, Burlington, MA 01803, USA, and sell precious metals to interested buyers in the following categories.

  • Gold
  • Silver
  • Palladium
  • Platinum

Boston Bullion has a Massachusetts storefront where it sells precious metals to visiting customers. Having a physical storefront means you can do business with face to face and in person if you wish to visit the store. However, you can still buy remotely from its website.

The business is a small business still run by the original founder. The great customer services is probably a result of the original founder being very hands on. When we spoke to some of Boston Bullion's clients who have bought from the company's physical site, they told us that the founder is very honest and has integrity. In addition, they told us that they had good customer experiences working with him.

The online clients we spoke with told us they could place their orders through the company’s website. According to them, “you will find coins and bullion that are up for sale via the dealership, and the listed prices of these precious metals change daily, based on the value of the precious metal in the global market.”

In summary, they told us, “Seeing the prices of precious metals on Boston Bullion’s website made it easy for them to compare the company’s prices to the competing dealers' prices.

Another customer told us that “the previous company she bought precious metals from had told her that she would have to call them before they gave her a quote for the metals she wanted to buy”. She went on to say, "The company's request made it difficult for me to research other better-competitive prices, at least with Boston Bullion I can do like-for-like price comparisons with other sites, without getting the hard sell."

“But for Boston Bullion, it has a fair price, and unlike some dealerships, it does not have markups in large sums. Since you do not have to pay huge amounts as commission, you are sure to see growth in your precious metals investments with time.” She added.

Boston Bullion Management Team

Boston Bullion is a business that Kenneth Murphy founded. Ken started the company in 2006 in Cambridge. He currently serves as the company's owner and CEO (Chief Executive Officer).

Services & Products Offered By Company Name

 

What is Boston Bullion Selling?

The company prides itself on its wide range of quality bullion selections. However, the company's platinum and palladium product categories do not have many product offerings.

Boston has an intuitive and straightforward website allowing you to gain access to information and pricing on a number of the products it sells.

Unfortunately, Boston Bullion is not an IRA (Individual Retirement Account) custodian. It partners with Madison Trust Company for custodianship. However, you can buy IRA-eligible precious metals from the company.

It is also pertinent to mention that the company does not have a separate section for its IRA-eligible products on its website. Therefore, if you have no idea which metals are eligible for inclusion within your Gold or precious metals IRA, you may well end up making costly mistakes.

Nevertheless, the business sells items that are popular in the market. It also offers famous coins that you can buy as part of your financial investment portfolio.

Below is a list of products you should expect to see on the company’s website.

  • American Gold Eagle
  • American Buffalo
  • Gold Maple Leaf
  • Assorted Coins
  • Austrian Philharmonic Gold
  • Gold Bars
  • Silver Bullets
  • Fractional Gold Coins
  • Platinum and Palladium Bullion
  • Silver Bars
  • Junk Coins

Boston Bullion and Fees

Precious Metals

Most of the clients we interviewed told us the business is transparent with its pricing. According to them, "although there are differences in the products' spot prices, it will indicate these changes at the day's closing hours. Amazingly their prices are highly competitive, and you can pay via cash and wire transfer"

When we spoke to one of its employees, he said, “the company’s prices are dependent on three factors.

  • The fitness of the products.
  • The type of products.
  • The brand of the products.

For example, you should budget below $100 if you want to purchase low-grade coins like bullets and junk coins. On the other hand, investment-worthy coins will cost you thousands of dollars."

Brokerage and Shipping

They charge shipment and brokerage fees. Listed below are the fees you will incur for the company's packages when you buy them.

Brokerage Fees

  • Above $150,000 (1% brokerage fee)
  • Between $50,001 to $149,000 (2% brokerage fee)
  • Below $50,000 (3% brokerage fee)

Shipping Fees

  • Less than $5,000 ($19.95 shipping fee)
  • More than $5,000 (free shipping)

Products and Services Offered By Boston Bullion

Precious Metals

The company has precious metal products for sale. You can purchase its bullion products and coins online via its website.

In addition, it has a walk-in storefront in Massachusetts for those who live around that area and want physical buying experiences.

Gold Bullion

  • Britannia Oriental Border 1 Ounce Gold Coin
  • 1-ounce Gold Canadian Wolf
  • 1-ounce Canadian Cougar
  • 1-ounce Chinese Gold Panda
  • Buffalo Gold
  • 1-ounce Kangaroo Gold
  • American Gold Eagle 1 Ounce
  • South African Krugerrands Gold Coin
  • Austrian Philharmonic Gold Coin
  • Mexican Onza Gold Coin 1 Oz.

Assorted Gold Coins

  • Austrian 100 Corona
  • US Liberty 20 Dollars
  • French Rooster
  • French Angel
  • 50 Peso Mexican
  • Swiss Franc
  • Sovereign Gold Coins
  • Saint Gaudens Gold 20 Dollars

Fractional Gold Coins

  • 1/10-ounce Gold Eagle
  • ¼ Ounce American Gold Eagle
  • ½ Ounce American Gold Eagle
  • ¼ Ounce Australian Gold Kangaroo
  • ½ Ounce Australian Kangaroo
  • 1/10-ounce Gold Maple Leaf
  • 1/10-ounce Gold Kangaroo
  • ¼ Ounce Canadian Maple Leaf
  • ½ Ounce RCM Maple Leaf
  • ¼ Ounce Panda Gold Coin.
  • ½ Ounce Chinese Gold Panda
  • 1/10-ounce Chinese Panda

Gold Bars

  • 1-ounce Gold Bar
  • Kilo Gold Bar
  • 10-ounce Gold Bar
  • RCM 1 Ounce Gold Bar
  • Perth Mint 1 Ounce Gold Bar
  • Valcambi 1 Ounce Gold Bar
  • 1 Gram BB Bar
  • 50-gram Combi Gold Bar
  • 250-gram Gold Bar
  • PAMP Suisse 100 Gram Gold Bar
  • PAMP Suisse 1 Ounce Gold Bar
  • PAMP Suisse 10-ounce Gold Bar

Lunar Series Gold Coins

  • Lunar Mouse Gold 1996
  • Lunar Tiger Of 1998
  • Lunar Ox 1997
  • Gold Lunar Snake 2001
  • 2000 Gold Lunar Dragon
  • Gold Lunar Goat 2003
  • Gold Lunar Horse In 2002
  • Gold Lunar Monkey 2004
  • Lunar Pig 2007
  • Lunar Rooster 2005
  • 2011 Lunar Rabbit Gold

Silver Bullion Bars

  • 10 Oz. Patriot Silver
  • 100oz Patriot Silver Bars
  • 1 Oz. Silver Bars
  • Patriotic Kilo Bars Of Silver
  • 10-ounce Silver Bar.
  • 100-ounce Silver Bar
  • 1000 Ounce Silver Bar

Silver Bullets

  • Silver 9mm Bullets
  • Silver Bullet 0.50 Bmg
  • The Silver Bullet, 30 Mm
  • Silver Bullet 0.45 Cap
  • 1 Ounce REM Silver Bullet
  • Silver Bullet 7.62 Mm
  • 20 Mm Silver Bullet
  • 12 Gauge Silver Bullets

Junk and Silver Coins

  • 1 Oz Tread On Me
  • 1-ounce Sterling Silver Eagle
  • 90% Pure Silver Coins
  • Silver Kangaroo
  • Silver Grizzly
  • 1-ounce Sterling Silver Maple Leaf
  • Koala 1 Oz. Silver
  • Austrian Philharmonic
  • 1oz Chinese Panda
  • Silver Spider 1 Ounce
  • Silver Rounds Weighing One Ounce

Platinum Bullion

  • 1 Ounce Platinum Eagle
  • PAMP Suisse 1 Oz. Bar
  • Platinum Maple Leaf 1 Oz.

Palladium Bullion

  • PAMP Suisse Palladium 10 Oz. Bars
  • Palladium Maples 1 Oz
  • 1oz Palladium Bar

Buy-Back Offers

Boston Bullion offers buyback services. However, the price of the precious metal you want to sell will be determined by the product’s fluctuating spot price. The spot price of the metals at the time you want to sell is the price at which Boston Bullion will buy your metal. Selling to the company is a very straightforward process.

Boston Bullion Ratings

BBB.

  • A+
  • The rating was from 8 reviews.

BCA.

  • No Rating.
  • No Rating.

Facebook

  • 5 out of 5 stars.
  • The rating was from 8 reviews.

Trust Pilot

  • No Rating.
  • No Rating.

Google

  • 5 out of 5 stars.
  • The rating was from 61 reviews.

How Do Customer Review Sites Rate Boston Bullione?

BB Review and Customer Testimonials

A+

The rating was from from only 8 repsonse

Business Consumer Alllience Review

No Reviews Were Found

No Reviews Were Found

Google review

4.5 out of 5 stars

This rating was formed by 61 customer reviews

Facebook Reviews

5 out of 5 stars

This rating was formed by 8 customer reviews

Trustpilot Reviews

No Reviews Were Found

No Reviews Were Found

Boston Bullion Promotions

When we spoke to the Boston Bullion customer care department, we asked them about the company’s current promotions. According to the person we spoke with, the company has no recent promotions for new customers and investors.

Suppose you wish to invest in precious metals via a dealer offering special promotions for new clients; we recommend investing with Goldco. Goldco will give you free $10,000 worth of silver if you qualify for rollover.

free $10,000 in silver

Boston Bullion Pros And Cons

Pros
Boston Bullion is a BBB-accredited Business
It has a lot of good customer reviews
You can pay for products using cash and wire transfer methods
The management is trustworthy and honest
The company has very competitive prices
The company has very competitive prices
It has a straightforward and intuitive website
Cons
Boston Bullion are not an IRA custodian
The company’s online marketplace has no separate section for IRA-eligible products making it hard to identify which precious metals are IRA-eligible precious metals
Buybacks are not guaranteed, even though they’re never denied
It does not have a lot of palladium and platinum offers

Boston Bullion Conclusion

Bear Lake Gold will give its final opinion on this company to end this review. After thoroughly investigating the company, we discovered that Boston Bullion is not a scam. It is located in Massachusetts and has a track record of honesty and integrity, according to the various customer reviews we got.

However, we will not advise you to invest through the company for the following reasons.won't be able to

  • It is not an IRA custodian. Hence its IRA setup process may be a bit complex for you.
  • It does not give you information on IRA-eligible products on its website. Therefore you may buy non-IRA-eligible coins as a newbie, which can ruin your retirement investment plans.
  • It does not encourage portfolio diversification because it has low offers for palladium and platinum products.

Bear Lake Gold does not want you to keep wondering about the best companies through which you can invest in precious metals because we know how stressful and discouraging that can be for you.

We have carefully handpicked the best precious metals companies for you to invest throughin ahead of your retirement. In addition, we have compiled their reviews to show you what these companies offer in the industry and why you should invest in precious metals through them.

Please see our ‘Top Three Boston Bullion Alternatives’ section below for a general overview of these companies and the documents containing their full review details.

Our Recommended Alternatives To Boston Bullion

Our #1 Precious Metals & Gold IRA Company - Best Overall

augusta Precious Metals

Augusta Precious Metals is our best rated overall precious metals company

  • Customer care is exceptional
  • Pricing is highly competitive
  • Educational program second to none
  • The best FREE investment guide in the industry
  • Zero complaints on BBB & BCA
  • Free shipping on all orders

Our #2 Recommendation - Best For Promotions

Goldco best ira company review

Goldco is our second top rated gold and precious metal company. Having been top rated all of last year they were very close top Augusta Precious metals

  • Great promotional offers
  • Pricing is highly competitive
  • Educational program second to none
  • FREE investment guide in the industry
  • High buyback prices
  • Expert guidance provided by the team
  • First years fees waivered for new customers

Our #3 Gold & Silver Company -Great Prices and Great Customer Service

Hartford American

American Hartford Gold is our third top rated company.

  • A leading, recognized and trusted brand in the industry
  • A family owned and run business
  • Excellent customer service
  • Buy back guarantee
  • Free shipping
  • Promotional offers for new  customers
  • Transparent about cost
  • Diligent when it comes to compliance

 

Other Reviews you might find of interest include : Hard Asset Alliance, US Money Reserve & 7 k Metals

 

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