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Bullion By Post Review - What are the Pros and Cons of Using this Company

Our Bullion by Post Review aims at revealing whether the company is a good choice for Americans considering investing part of their pension pot in gold IRAs (Individual Retirement Accounts). This company has been a trusted leader in gold investments for over a decade. They make buying gold and other precious metals quick and easy.

Bullion by Post offers a range of gold and silver investments. They also have competitive prices and provide excellent customer service. Furthermore, their website is easy to navigate, and their staff is knowledgeable and willing to answer any questions.

Overall, Bullion by Post could be a better option if you are looking to invest in gold and silver as a United States investor because they are based in the UK. However, the company has a long track record of providing quality service and competitive prices, and its website makes it easy to understand the process and get started.

Although Bullion By Post delivers metals to interested customers in the United States, we could not rate it as one of our industry’s top five gold IRA dealers. Below is the list of our top five recommended gold bullion dealers in the United States.

If you would like more information on any of the U.S.-based gold IRA companies listed above, click the relevant link to request their free reviews and investment guides

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Bullion by Post Reviews

Bullion By Post

Background Information on Bullion by Post

BullionByPost is owned by Baird & Co. It is a family-run precious metal business. The company is located in Birmingham's city center, close to The Jewellery Quarter, in Birmingham in the United Kingdom.

Their premises are on Floor 16, Centre City Tower 7 Hill Street Birmingham B5 4UA. With Bullion by Post close to the Jewellery Quarter, customers can rest assured that they will receive the highest quality products from one of the UK's most trusted and reliable bullion dealers.

Bullion by Post is a trusted leader in precious metals investments, allowing investors to buy quality gold and silver products. They offer gold and silver bars and coins and accept returns on all orders.

Gold is considered a safe investment, as it is a tangible asset, and its value does not fluctuate as much as other investments.

Precious metals, such as gold, palladium, silver, and other valuable metals, have been used for centuries as a currency and investment asset. Investing in gold and silver can provide a secure, long-term approach to saving for retirement and provide investors with a hedge against inflation.

BullionbyPost provides resources to help investors learn how to start investing in metals and make informed decisions when investing in precious metals.

Jewellery Quarter Bullion Limited

Jewellery Quarter Bullion Limited offers private UK investors the opportunity to buy physical gold and silver and place them in secure storages or opt for fully insured discreet home delivery.

How Does Bullion By Post Work?

The company as a bullion dealer based in Birmingham, United Kingdom. They provide customers with gold and silver delivery through postal services. The bullion market is open 24 hours a day, Monday to Friday, with most trade taking place between members of the London Bullion Market.

Customers can purchase gold bullion coins and bars suitable for investment purposes. BullionByPost offers delivery of these items within two to seven working days. Customers are also given the option of collection, expecting to collect within five working days of the item being ready.

Bullion By Post Accreditations

BullionByPost has full accreditation from the LBMA (London Bullion Market Association). They are based in the historic Jewellery Quarter in Birmingham and are recognized for certifying their gold products.

BullionybyPost also works with SIPP (Self Invested Personal Pension) and SSAS (Small Self-Administered Scheme) providers and has an array of approved bullion refineries across Europe and America that are accredited by the likes of the LBMA, COMEX (Commodity Exchange), DMCC (Dubai Multi Commodities Centre), and more

BullionByPost customer reviews and testimonials

What is Bullion By Post Selling?

Bullion By Post is an authorized distributor of precious metals in the UK. With free insured delivery, they make buying gold and silver bars and coins easy and affordable. From gold bars to gold coins, they have a wide range of products, including gold bars in various sizes and the 1oz Gold Bullion Coin Turtle from the Royal Mint.

BullionBy Post Costs and Fees

The Bullion By Post company offers customers a straightforward, fast, and secure service with no hidden costs. All payments are made directly into the company’s bank account, and all costs are displayed on the Bullion By Post website.

The prices that Bullion By Post offers its customers for precious metals are higher than its competitors. Its Silver Britannia coins cost 16% higher compared to other companies. Similarly, the company's Gold prices are 5% higher in value compared to its competitors' prices.

Customers can contact the company’s experts for advice on their investments, and they will be informed of any additional costs that may be incurred.

Any additional costs that may arise are associated with the extra costs of manufacturing a specific gold product. Bullionbypost ensures customers are not exploited and can make informed investment decisions.

Products and Services Offered By Bullion By Post

Gold Coins and Bars

Whether you're looking to invest in gold as a shield against inflation, or to simply add to your collection, Bullion By Post has something for everyone.

Their selection includes the Britannia 1oz gold coin, the Canadian Maple Leaf 1oz gold coin, the South African Krugerrand 1oz gold coin, the Austrian Philharmonic 1oz gold coin,  Perth Mint, and the Chinese Panda 1oz gold coin.

Silver Coins and Bars

Their Silver by Post service allows customers to order silver bars and coins through the Post. Customers can choose from various payment options, including debit and credit cards and bank transfers. Through this reliable and secure service, Bullion By Post offers silver futures contracts - binding agreements to buy or sell silver at an agreed price on an agreed date. As the established market-leading supplier, BullionByPost ensures customers can purchase silver with trust and confidence.

For those looking to purchase silver, Bullion By Post offers the Britannia 1oz silver coin, the Canadian Maple Leaf 1oz silver coin, and the Chinese Panda 1oz silver coin.

Suppose you are looking to sell or buy gold bullion. In that case, Bullion By Post offers a mail-in service that makes selling your gold quickly and safely easy.

Bullion By Post has you covered whether you're buying bullion or selling it. With low premiums, free insured delivery, and a wide selection of gold and silver coins and bars, they offer an easy and hassle-free way to buy and sell precious metals

Bullion By Post Precious Metals IRAs

Bullion By Post does not offer Precious Metal IRAs. The basic rule is that an IRA cannot hold collectibles. However, you can hold coins or bullion bars /bullion products in a precious metals IRA, including gold coins and bullion bars, silver, palladium, and other precious metals that meet certain fineness requirements.

Examples of IRA-allowable gold, silver, platinum, and palladium include American Eagle coins, Canadian Maple Leaf coins, and bars produced by approved refineries.

Unacceptable precious metal products include jewelry, numismatic coins, and any non-pure gold and silver bar.

Precious Metals Delivery Options and Storage

Bullion by Post ships and delivers its clients' orders through Royal Mail, UPS Courier service, and DPD (Dynamic Parcel Distribution) courier service. The company representative we spoke to revealed that the company provides discreet and confidential storage options for physical precious metals investments. The company offers a storage service to customers immediately after purchases, allowing them to put their goods into storage without delay.

The storage service is fully allocated and does not require customers to take their bullion delivery at home. They provide storage for gold, and silver bullion products. With all bullion orders, customers can buy, sell, and store from one place, allowing them to manage their investments from a central source.

zero fee IRA

Bullion By Post Delivery to The United States

According to the company’s official website's details and a response from one of the company’s representatives, Bullion By Post ships orders below $500 to the U.S. using Royal Mail International Service. For orders between $500 to $2,000, the company will ship them through FedEx. Then, orders between $2,000 and $40,000 will be shipped to the United States through UPS.

All order shipping and delivery to the U.S. are free. However, there each parcel must weigh, at most, 25kg. Orders weighing more than 1.6kg will be delivered through UPS, and the estimated delivery time is three to four days. You can upgrade your Royal Mail orders to FedEx if you want quicker shipping.

If your orders are worth more than $40,000, Bullion By Post splits them into different parcels and delivers them separately on consecutive days. All the parcels will enjoy full insurance until you receive them.

Below is a table showing the various estimated delivery times based on the value order and courier service.

Delivery Options (All Insured)Order ValueCourier ServiceEstimated Time for Delivery
Express DeliveryAbove $2,000UPSThree to four working days
Upgraded Express DeliveryBelow $500FedExTwo to three working days
Free DeliveryBelow $500Royal MailFour to seven working days
Express DeliveryBetween $500 to $2,000FedExTwo to three working days

Order Tracking

One way to follow your parcel's movement while it is in transit from the company’s Birmingham Vault in England is through Order Tracking. You can track your orders and know where they are at different points no matter where you want them delivered to in the United States from the U.K. Hence, regardless of where you are in the U.S., order tracking is one way to keep your mind at rest knowing that your order is safe no matter the courier service you choose for delivery.

Immediately after Bullion By Post dispatches customers’ orders, it sends them their tracking information. The company packages customers’ orders using unbranded and discreet packaging materials to prevent people from seeing or knowing what is inside. It is one way to aid secure transport.

Customers who do not receive their tracking information after five business days of completing their payment can contact the company via email at [email protected]. You can track your orders using the links below, depending on the courier service the company used to ship your orders.

Orders to New York from Bullion By Post Birmingham vault can take up to two or three working days, while orders to New Jersey can take up to three to four working days.

U.S. Importation Fees

Bullion By Post does not cover fees associated with local Sales Tax for importing goods. Customers will be responsible for paying sales taxes on their orders based on the American import rules before the customs can clear their goods.

Payment Options

Being a bullion dealer, it is not surprising that the company offers a variety of payment options to its customers. Payments can be made via all major credit and debit cards, PayPal, electronic checks, and international payments in over 130 currencies.

Additionally, customers may also use prepaid debit cards and physical checks, either handwritten or printed, to make payments. The company also encourages customers to explore mobile payment options for small businesses. All payment methods are verified and secure, ensuring the safety of customer information.

What Is The Safest Way To Buy Products from BullionBy Post?

The safest way to pay BullionByPost is with a Bank Card. BullionByPost has also partnered with SmartPay, one of Europe's leading payment providers, to offer customers a secure and straightforward method to diversify their investment portfolios by acquiring bullion at low margins.

Hence, customers can use the convenience of instant online payments via their cards. BullionByPost also provides post-delivery services for those wishing to receive their bullion purchases.

In addition, customers can be assured of the security of their payments as BullionByPost offers the most secure payment alternatives.

Buyback Program

BullionByPost offers a buy-back program for gold and silver bullion purchased from their website. Customers can buy gold and silver bars and coins at low premiums at any time of the day. The company guarantees that it will buy back any precious metal products they sell or facilitate a sale of the metals on the customer's behalf.

BullionByPost also provides live wholesale prices for gold and silver; customers can take ownership of their metal after paying the purchase price. The buy-back program is an attractive option for investors as it offers a secure way to manage their investments.

Bullion By Post Promotions

At the time of writing this review, Bullion By Post was not offering any known promotions to first-time investors. Suppose you are a novice investor and want to begin your precious metals investment journey through a company that will give you an amazing promotional offer. In that case, open a gold IRA account through Goldco. You will get FREE SILVER WORTH $10,000 if you qualify for an account rollover.

free $10,000 in silver

How Do Customer Review Sites Rate Company Name?

You cannot ignore the importance of customer review site rating. Clients' reviews and feedback give people an idea of what the public thinks about the organization.

This feedback and reviews will give details about the product and services quality of BullionByPost and its customer service. In addition, feedback and reviews will provide details about what others need to know before doing business with BullionByPost.

BB Review and Customer Testimonials

No Reviews Found

No Reviews Found

Business Consumer Alllience Review

No Reviews Found

No Reviews Found

Google review

No Reviews Found

No Reviews Found

Facebook Reviews

3 out of five stars

We could only find four reviews on the Facebook review page. Two were bad and two were good, but hardly a significant enough sample to draw a conclusion from

Trustpilot Reviews

4.9 out of five stars

This rating was from 3,147 reviews

In this Bullion by Post review, we thoroughly examined our own experiences of dealing with this company. We think they are a good choice if you are in the European market and looking to purchase precious metal coins or bullion; however, if you are in the USA or looking to invest in gold or other precious metals for your retirement through a gold IRA or precious metals IRA, there are much better choices.

Bear Lake Gold Groups' extensive and rigorous evaluation methodology has identified what we believe to be the top three gold and bullion dealers operating in the USA. These companies offer seamless opening of IRAs accounts and a funding mechanism that will ensure a tax-free or efficient transfer of funds from existing 401k 457 or 432 retirement plans. See below for our top recommendations.

Bullion By Post Pros And Cons

In this Bullion by Post review, we thoroughly examined our own experiences of dealing with this company. We think they are a good choice if you are in the European market and looking to purchase precious metal coins or bullion; however, if you are in the USA or looking to invest in gold or other precious metals for your retirement through a gold IRA or precious metals IRA, there are much better choices.

Bear Lake Gold Groups' extensive and rigorous evaluation methodology has identified what we believe to be the top three gold and bullion dealers operating in the USA. These companies offer seamless opening of IRAs accounts and a funding mechanism that will ensure a tax-free or efficient transfer of funds from existing 401k 457 or 432 retirement plans. See below for our top recommendations.

Pros
Their product prices are stable
They offer a fast and simple account setup process
Delivery is fast and can be to your house.
They are highly reliable in countries like the UK and others in the European Union
They have a website that is easy to navigate
The support team is good
BullionByPost offers buyback packages
Cons
They do not sell platinum and palladium products
Their prices are relatively higher than those of their competitors
They are very limited geographically
They do not support recent digital currency payments
They have had over 68% of customer complaints
The company does not offer IRA services

Conclusion - Bullion By Post Review

Conclusion: Should You Consider Buying Bullion From Bullionbypost?

Bullion By Post is a legit company offering a wide range of gold and silver products. The company has a well-developed website that is easy to navigate, featuring everything a customer needs. They have a real physical address and real owners.

Although the company has replied to 68% of negative reviews, that number of negative reviews is a red flag for us. Hence, we cannot trust them enough to rate them among our industry's top 5 gold IRA dealers.

Furthermore, BullionbyPost is not a good option for investors in the United States looking to diversify their retirement savings with a gold IRA because they do not offer IRA services. The lack of platinum and palladium products makes it a wrong choice if you want to properly diversify your precious metals portfolio with other products apart from silver and gold.

Finally, the company will only yield maximum benefits to you if you live in the UK or other European countries. If you live in the US, it is best to look to other gold companies that will give you the best services in the industry.

We highly recommend these companies if you want to do business with the most reliable gold dealers and IRA providers in the United States.

These companies offer excellent gold IRA services and a wide range of products to help you diversify your retirement portfolio for the cheapest prices in the industry. The next section contains all you need to know about these companies and how to begin your gold investments through them.

Please click the relevant links below to get their investment guides for free and see their current promotions for new investors

Our Recommended Alternatives To Bullion By Post For Precious Metal IRA Investments Are

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

augusta Precious Metals

This company is the absolute best precious metals IRA firm in the U.S. today due to Augusta’s transparency, pricing, dedication to education, and extraordinary attention given to customers.

We highly recommend that everyone take advantage of their free web conference that helps you understand the economy, threats to your retirement, and the precious metals buying process (designed by their in-house Harvard-certified economic analyst). They even share tips for avoiding gimmicks and high-pressure tactics in this unregulated industry.

This gold precious metals specialist company was chosen by Money magazine as “The Best Overall” in its Best Gold IRA Companies list for 2023. It is the only gold IRA firm with ZERO complaints on the BBB website since 2012. It has an outstanding track record proven by consumer watchdog ratings and tons of the best customer reviews, including endorsement by hall-of-fame quarterback Joe Montana, whose advisors found Augusta for him. We are thrilled to recommend Augusta as our #1 gold IRA company!

Pros

  • Award-winning recognition for account lifetime customer service Money magazine’s “Best Overall” & Investopedia’s “Most Transparent” in 2022.
  • They offer exceptional service.
  • Experienced professionals to help you make the ideal choice of investments.
  • Only gold IRA firm with ZERO complaints at BBB, BCA since launching in 2012.
  • Thousands of 5-star ratings from customers.
  • Must-watch: Free web conference with an excellent focus on consumer education.
  • Endorsement by high-income customers, including corporate ambassador Joe Montana whose team found this company for him.
  • Transparent, streamlined process and competitive rates.
  • No hidden management fees & ZERO custodian/storage fees for up to 10 years – every customer qualifies.

Cons

  • A minimum balance of $50,000 in savings makes this best for the “red carpet.”
  • A limited selection of gold and silver investments.
  • Virtual account opening is not possible.

To start investing with Augusta Precious Metals, please click this link to download its 2023 gold investment kit for free.

Our #2 Recommendation - Best For Promotions

Goldco best ira company review

Goldco

Established in 2006, this company has an excellent solid record and is our top recommendation for people looking to invest over $25,000 in a gold IRA. We consider this gold trading online platform the 2nd best Gold IRA Company in The USA Today.

Pros

  • 2nd Ranked Gold IRA dealer.
  • Top ratings from BCA, TrustPilot, and other third-party review sites and excellent customer reviews.
  • Biggest promotions in the industry.
  • Best buyback program.
  • No high-pressure sales tactics.
  • Competitive pricing.
  • Works with the most secure storage companies.
  • Dedicated expertise in precious metals.
  • Excellent customer service.

Cons

  • The minimum IRA deposit requirement is $25,000.
  • You cannot virtually set up an account.
  • Information about the management is not available on the Goldco
  • The fee may appear to be slightly higher than some budget-friendly rivals.

To start investing with Goldco, please click this link to download its 2023 gold investment kit for free.

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

Hartford American

One of the most trusted Gold and Precious Metal brokers in the United States is American Hartford Gold. This family-owned company is endorsed by Bill O’Reilly and America’s Mayor, Rudy Giuliani.

American Hartford Gold is great for gold and palladium IRA and purchasing physical Gold, Silver, and Platinum.

Pros

  • Easy-to-open silver & palladium IRA accounts with very competitive rates.
  • Free storage, maintenance & insurance for up to 3 years.
  • Physical gold and silver delivered to your front door at no additional cost.
  • Hassle-free process to buy back your precious metals with no fees.
  • Does not share your information with any private or public entity.

Cons

  • No prices on the online catalog.
  • Doesn’t ship out of the U.S.
  • Minimum investment requirement of $10,000 for Gold IRA rollovers.

To start investing with American Hartford Gold, please click this link to download its 2023 gold investment kit for free.

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

Birch gold reviews

Since it was established in 2003, the company has delighted customers and provided excellent customer education. Birch Gold Group’s one-on-one interactions with customers are a fundamental advantage for those who want to make vital decisions impacting their financial future.

Pros

  • Top ratings from national consumer agencies.
  • Opportunity to invest in palladium and platinum.
  • For investments above $50,000, no fee in the first year.
  • Exceptional customer service, support, and advice.
  • A strong market presence and a history of nearly 20 years.

Cons

  • Online account opening is not permitted.
  • There is no onsite live customer chat.
  • Annual fees and setup costs are not accessible online.
  • You need to get their information kit to find complete details about the management team.

To start investing with Birch Gold Group, please click this link to download its 2023 gold investment kit for free.

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

The truth is that Noble Gold has not been around the scene for a long time, but it has, in the shortest time possible, made huge impacts on the gold IRA market. Since its inception, the company has captured customers’ hearts via its vast educational resources gallery, a wide range of investment options, and low investment requirements. The company’s commitment to customer service also has high ratings on third-party rating sites like BCA and Consumer Affairs.

According to the agent we spoke to, Noble Gold gives customers a committed account manager from the first day they decide to open a gold IRA account with it. The knowledgeable professionals will also give the customers all they need to know about how a gold IRA works and the setup process. In addition, they offer a smooth buyback process to their customers.

Noble Gold works with Delaware Depository and Brink’s Global Services to provide storage services for its customers. In addition to these storage companies, Noble Gold owns its depository in Texas. Hence, customers can choose to store their metals in any of these three depositories.

Pros

  • They have high ratings on more than one trusted customer rating site.
  • Their team of investment experts will give you detailed guidance to make the perfect choice for your gold investments.
  • They offer competitive prices.
  • They have a wide selection of gold and silver investments.
  • Their minimum initial investment is $2000.
  • They give their customers a free gold IRA guide.
  • They have their IRS-approved storage facility in Texas.

Cons

  • Their range of gold products comes with a high premium.

To start investing with Noble Gold Investment, please click this link to download its 2023 gold investment kit for free.

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