Hello! Welcome to my Bullion Shark Review!
(UPDATED JULY 2023)
Is Bullion Shark a scam? Well...
Countless people are starting to look for a reliable and trustworthy firm to source their bullion from this year, especially after all the talk of war in the east and high inflation.
In this Bullion Shark Review, we will get to know their pros and cons and find out if they're actually worth their salt or not.
So, without any further ado, let's jump in:
Bullion Shark Review Quick Summary
Name: Bullion Shark
President: Nicholas Adamo
Rating: 4/5
What is Bullion Shark?
We shall begin this Bullion Shark Review by getting some background information about the company:
Founded in 2014, Bullion Shark is a family-run business revolving around precious metals. They offer a wide range of precious metals: bullion bars as well as coins (including collectible, rare and numismatic pieces).
Furthermore, Bullion Shark operates a retail outlet, website and an eBay store.
Apart from its high quality products, Bullion Shark offers various services such as giving advice, organizing your IRA, among others. In addition to that, the company has experienced specialists who can cater to customers' needs.
Bullion Shark Products and Services
Services and Products Available
- Numismatic coins
- Bullion coins
- Modern rare coins
- Classic rare coins
- Ancient and shipwreck coins
- Bullion bars
- Investment/Retirement Vehicles
Metals offered: Gold, silver, platinum, copper
Brands: All major brands and numismatics
Pricing: Varies
Online orders
People can order online via Bullion Shark's website. It's safe and secure. Moreover, payments can be made via debit card, credit card, PayPal, check or bank order.
The website has a catalog that contains a variety of bullion and numismatics (modern and classic rarities).
Furthermore, orders above $99 qualify for free shipping. All of the orders are securely packaged and are fully insured.
Gold and Silver IRA?
Bullion Shark also offers help with setting up and organizing your precious metals in your "IRA" profile. They can oversee a smooth rollover.
Apart from that, Bullion Shark has experienced specialists and expert partners to help customers and carry out their needs efficiently.
Free Appraisals
Bullion Shark also offers free appraisals of bullion bars, coins and other products.
They seem to be in a position to pay fair prices for any pre-owned precious metals, whether you bought them from them or from another competitor.
How to Get Started with Bullion Shark?
The process of getting started with Bullion Shark is designed to be user-friendly and simple.
First and foremost, you create an account on their website.
Then you can start choosing the products you want and place your order. Afterwards, it's time for the payment. You should wait for a couple of days to receive the products you have ordered.
You can also contact Bullion Shark to ask for assistance.
If you are worried about getting scammed, then you should definitely consider checking out this TOP Rated Bullion Dealer with loads of positive reviews!
Account Benefits with Bullion Shark
Apart from being able to purchase from Bullion Shark, having an account on its website also offers a couple of other benefits, such as the following.
- Quicker and easier checkouts
- Order tracking
- Multiple shipping addresses
- Wish list
- Order History access
Bullion Shark Features
Bullion Shark offers free shipping to ALL ORDERS that are worth more than $99. This can actually make you save up money since there are shipping fees that are actually expensive.
Furthermore, Bullion Shark has one of the best numismatic experts in the industry. If you have coins and you wish to know more about them, you can acquire the assistance of these experts.
You will be able to know the history, the kind and even the value of your coins!
Lastly, Bullion Shark's website shows that they have Auction services. This is a way for collectors to find rare and unique coins in the market.
However, currently, Bullion Shark does not have any items on auction.
Return and Exchange Policies
Bullion Shark's Return Policy stated that clients are given 14 days from the day that they receive their orders to return the products if they choose to do so.
All they have to do is to contact Bullion Shark via email or by phone.
Both handling and shipping fees are non-refundable though.
Upon reading their return policy, I conclude that it is fair.
Shipping
The moment that your payment is cleared by Bullion Shark, they will ship your orders 2 to 3 business days after.
Furthermore, how long it takes for you to receive your orders will depend on the shipping service that will be used.
Orders that are under $50 are shipped through USPS without tracking and usually takes 5 business days to be delivered.
On the other hand, orders that are under $500 are delivered via USPS First Class Mail and will take 2 to 5 business days to arrive.
Lastly, orders that are worth more than $500 are shipped via USPS Priority Mail and will only take 1 to 3 business days to arrive on your doorstep!
You will be notified via email once they have shipped your products. Moreover, a tracking number will be included.
Also, take note that for orders over $250, a signature will be required at delivery.
Bullion Shark FAQs
What payment methods are accepted?
Bullion Shark accepts several methods of payment including the following:
- Bank wire
- Credit card
- Debit card
- Paper check
- Cersonal check
- Certified check
- Cashier’s check
- Money order
- Paypal
Are there any discounts or promotions for bulk purchases?
Yes there are! And this is very advantageous if you ever order a lot of precious metals at the same time.
So be sure to ask them and avail these discounts so that you will be able to save some money.
Are there any storage services?
Yes there are. Through Bullion Shark's partnership with storage depository, Brinks Global Services, they can ensure that your precious metals and assets are safe and secure.
There are several vault locations in the United States of America including New York, Salt Lake City and Los Angeles.
As for the fees, it just really depends on the size and amount of your assets.
Trust Rating (Updated July 2023)
So, how are their ratings? Well, according to the BBB, they still have an "A+" rating in 2023.
BUT their customer reviews rating has dropped from 4.62 out 5 to only 3.72 out of 5 based on 32 customer reviews.
Reviews and Complaints (2023 Update!)
What about their customer reviews? Do they have any complaints?
Well, take a look for yourself:
Yikes! Great to know...
Anything else?
Well, we found a new one star review from August of this year (2022), what did they have to say about Bullion Shark? Well, let us take a look.
Sounds sketchy.
Here are some older reviews that seem a bit more favorable, but they are older... so maybe something has changed since then... take them with a grain of salt-
Pros and Cons
Pros
Cons
Is Bullion Shark a scam?
To conclude this Bullion Shark Review, let's answer this question:
"Is Bullion Shark a scam?"
Well, this is a bit complicated to answer. First and foremost, Bullion Shark is not a scam. It is a legit precious metals company since it does provide products and services. Moreover, it has experienced experts in the precious metals industry.
But it did receive quite alarming complaints and reviews from past clients. In my own experience, companies with a bad record of complaints tend to be one that you should stay away from.
There are several other companies that are way better and have an excellent reputation in the precious metals industry.
That said, if you want to see the top recommended precious metals firm, then click here!
Thank you so much for reading my Bullion Shark Review! If you have any comments, questions or experiences with Bullion Shark, feel free to share them below in the comments section!
If you're planning on purchasing a graded coin from them I recommend verifying the certification code through the respective grading agency. I was looking at a PCGS graded ASE on their site that they have listed as a different type of graded coin than what came back after running the code through PCGS verification service. After closer inspection of the photo, you can clearly see that the grading label had been photoshopped. The item description on the slab label matched the listing on their site for "2021-W Proof Silver Eagle PCGS PR70 DCAM – Thomas Cleveland", but the PCGS code (41721325) below it on the same label was for a "2021-W Proof Silver Eagle Type 1 First Strike PCGS PR70 DCAM – Thomas Cleveland", a coin of lesser value. Very shady and misleading business practice, and I would've been furious had I actually purchased this coin.
Sounds shady. Appreciate you sharing your experience. Buyer beware.
bought a mercury dime roll for225.00 …was to be au and all i got was reprosessed dimes that look to be tumbled….real crap…..omg what a rippoff
Hi William, that does not sound good from Bullion Shark, thanks for sharing with us!
I just want to know when I can expect my order. They say I have to get a new password, which I can't get into, they don't answer phone and emails,so what in the Hell am I suppose to do!!!!!
Hey Larry, that does not sound good, they still did not reply yet? Let us know please.