Welcome to my "Is Atkinsons Bullion & Coins A Scam?" review!
When you are interested in investing in precious metals, it is of utmost importance to really consider the dealer you will be working with.
There are several factors to look out for such as their product and service quality, reputation and even their fees and costs.
That is why reading reviews of these companies will always be helpful to get an idea of whether they are legit or a scam. In this case, is Atkinsons Bullion & Coins a scam?
In this review, you will find out the answer! And if you just want to save time and jump immediately to our top recommended precious metals and IRA company, click here!
Atkinsons Bullion & Coins Review Summary
Name: Atkinsons Bullion & Coins
Owner: The Atkinson Family
Always remember to be extra careful when you purchase precious metals online. There have been an awful number of cases wherein people experience being scammed.
One of the best ways to avoid this is by doing a thorough research by reading reviews of gold dealers.
Click here if you want to check out our favorite precious metals dealer that treats its clients great.
What is Atkinsons Bullion & Coins?
Atkinsons Bullion & Coins (formerly Atkinsons the Jewellers) is an independent, family-owned precious metals dealer based in Birmingham, UK founded in 1990.
With their strong local presence and well-stocked national e-commerce store, it has become one of the UK’s leading online sources for buying and selling gold and silver.
The company accommodates individual buyers and business clients alike.
Company History and Background
Atkinsons Bullion & Coins has been in the industry for over 30 years already. However, before that, the family owned a retail jewelry business in the 1980s.
In 2010, they launched their very first website designed for the bullion and coins business. Moreover, in the year 2013, to cater the rising demand in their business, the family invested on a transactional website in which clients can see the live pricing of each products.
Since then, the company has been focusing on providing the best products and services to both individual clients and corporate clients who are new or experienced in the industry.
Atkinsons Bullion & Coins Products
Atkinsons Bullion & Coins has a quite extensive product catalog. The website categorized the products into gold, silver and pre-owned precious metals. However, palladium and platinum coins and bars.
Moreover, Atkinsons Bullion & Coins is also an authorized reseller of The Royal Mint, The Perth Mint, Scottsdale Mint, Metalor, Umicore and PAMP and specialize in:
- Gold & Silver Bars
- Gold Sovereigns
- Gold Krugerrands
- Gold & Silver Britannias
- Gold & Silver Canadian Maples
- Gold & Silver USA Eagles
- Gold Austrian Philharmonic
All of the items on their website are priced in Pound Sterling, as this is worth considering for non-British customers.
For the delivery of the items, UK orders are insured. Furthermore, high value or huge volume orders will be offered a bespoke secure delivery. Clients just need to contact the company regarding this.
How to buy from Atkinsons Bullion & Coins
The process of buying products from Atkinsons Bullion & Coins was designed to be straightforward and quick, to make it easy for clients.
You can start by going through the following steps:
- Register to their website and create an account.
- Navigate through their product catalog and check out the items available.
- Once you have found a product you are interested in, add them to your "basket" or "cart".
- Choose a delivery option. Either have it delivered to your house or you can pick them up from the company's secure showroom.
- Secure the checkout and pay via credit, debit, bank transfer or check.
Does Atkinsons Bullion offer IRAs?
Unfortunately, Atkinsons Bullion & Coins does not seem to be an IRA (individual retirement account) custodian. There is no indication on its website that its products are indeed IRA-eligible.
Safely put, the company is simply a precious metals dealer.
If your aim is to invest in gold or silver in your IRA, then I highly recommend you opt for a company that provides both the IRA and precious metals to avoid added inconvenience on your part.
Can you store your metals with Atkinsons Bullion & Coins?
Not exactly. While there are classic storage options available, the company discloses on its website that only “in some cases Atkinsons Atkinsons Bullion & Coins can offer its customers bespoke secure storage solutions.”
It also puts emphasis on seeking professional advice on how to properly and securely store your metals.
As understood by this, buyers are probably best off looking for other, better ways to safely store their gold or silver.
Can you sell back your metals to Atkinsons Bullion & Coins?
Yes! Regardless if you bought your precious metals, and collections from Atkinsons Bullion & Coins or not, the company will willingly buy pre-owned bullion of all types – even gold or silver. It is also believed to pay excellent prices for jewelry and watches too.
Of course, this is a discreet service and undergoes a substantial process. Below is a screenshot that includes the steps to go through in order to sell the precious metals back
Can your metals be delivered to your house?
Atkinsons Bullion & Coins offers a delivery service for all its products locally, as supported by the Royal Mail Special Delivery.
Orders under £180 are delivered via Royal Mail recorded delivery. It usually takes between 1 to 5 working days to be delivered.
While orders over £180 are delivered via Royal Mail special delivery or UPS, which is a next day delivery from the day of dispatch.
Moreover, your signature will be required to complete the delivery.
For precious metals shipped within the UK, these are even fully insured and freely delivered.
Atkinsons Bullion & Coins FAQs
Are international orders accepted?
Unfortunately, Atkinsons Bullion & Coins does not accept international orders currently.
What is fixed price and when is it placed?
Since the prices of the precious metals are constantly changing, it is a challenge to predict how much your orders will cost.
However, once you have completed your order, the price listed on that time, will be the fixed price of your orders. Moreover, the orders will be completed via phone or online.
Are there maximum and minimum orders?
Yes. For debit cards, the maximum order value is £30,000. On the other hand, for credit cards, the maximum order value is £5,000.
If your orders are higher, then you need to contact the company to ask for other payment methods.
Currently, the company does not accept American Express or pre-paid credit cards.
Atkinsons Bullion & Coins Ratings Reviews (Updated March 2023)
After scouring the web for reviews from trusted websites, only one top review website had something to say about Atkinsons Bullion & Coins.
Reviews are the first to point out any red flags. I suggest you conduct your own research behind the company if you do intend to purchase from it in the near future.
March 2023 UPDATE: It appears Atkinson Bullion has received nearly 1,000 more reviews on Trustpilot since the last update here earlier this year, and their rating is still holding strong at 4.9 out of 5, as you can see below:
Moreover, Atkinsons Bullion & Coins received a rating of 5.0 based on 66 reviews on its Facebook profile. Lastly, it received a 4 out of 5 rating based on 1 review on Yelp.
Yet, it is important to note that unlike its competitors, it does not have reviews spread out on other trusted websites like Trustlink, and the Better Business Bureau – making it fall behind in that sense. It does seem a little fishy, does it not?
Apart from those websites, I looked for other reviews on the company on YouTube and I came upon one review.
Fortunately, the review on the video below is satisfied with the product and service provided by Atkinsons Bullion & Coins.
Atkinsons Bullion & Coins Pros and Cons
- Has bee in the industry for a long time
- Offers a wide range of products
- Orders are fully insured and free shipping
- Multiple payment methods
- Not BBB accredited
- No reviews and ratings from other review websites
- Lacks reliable storage options
- Does not offer other types of precious metals
- No IRA services
Is Atkinsons Bullion & Coins a scam? - Final Verdict
Let's conclude this review by giving my final verdict and answering the question, "Is Atkinsons Bullion & Coins a scam?".
Fortunately, Atkinsons Bullion & Coins is not a scam. It is a legit precious metals firm and has been in the industry for quite some time. However, it is a bit limited compared to other firms out there.
Moreover, it does not offer any IRAs and not even BBB accredited. If you really value ratings and reviews, then this is not for you. Looking for IRAs? Well, check out the top recommended firm below!
Thank you so much for reading my "Is Atkinsons Bullion & Coins A Scam?" review! Comment below or leave your questions about Atkinsons Bullion & Coins and I shall answer them!