Hello and welcome to my article entitled ‘Is Bold Precious Metals A Scam?‘ The precious metals industry is booming today.
After all, it is one a unique way to expand your portfolio. In this ‘Is Bold Precious Metals A Scam?’ article, I will be laying down some essential information.
For that reason, we will be uncovering everything there is about this firm. Also, we will look at their background, products being offered, as well as their customer reviews and company ratings.
Without further ado, let us get this ‘Is Bold Precious Metals A Scam?‘ article started!
Bold Precious Metals Review Quick Summary
What is Bold Precious Metals?
Bold Precious Metals is a company of extensive inventory. This Austin, Texas-based firm operates as a bullion dealer and is a known name in the industry.
What started as a family business grew into a legitimate business. Although, any valuable information about their team is missing. Nevertheless, their inventory comprises of gold and silver among other metals, will surely impress you!
It is worth noting, however, that despite their wide array of product, some of them cannot be held in an IRA. Regardless of whether or not a metal is IRA-approved, you can be rest assured of its authenticity.
The following sections will tackle comprehensively the products that they offer and their corresponding prices.
My Direct Purchase Experience
Testing Bold Precious Metals: What Actually Happened
I placed my first order with Bold Precious Metals in September 2025 – a $450 purchase of American Silver Eagles and a 10oz silver bar. Here’s what went down.
The checkout process was straightforward, maybe too straightforward. I paid via credit card and got an immediate confirmation email. Then… crickets for about 5 days. No shipping notification, no tracking number, nothing. I started getting that familiar “did I just get scammed?” feeling that hits you with online bullion purchases.
On day 6, I finally got a tracking number via email. The package showed up 3 days later, so total wait time was 9 days from order to delivery. Not terrible, but definitely slower than APMEX (my usual go-to) which typically ships within 48 hours.
The packaging itself was solid – discrete outer box with no branding, bubble wrap inside, and the products came in individual plastic flips. The Silver Eagles looked legit, proper weight and dimensions when I tested them against my other coins. The 10oz bar had that satisfying heft to it.
What bugged me was the lack of communication during those first 5 days. A simple “we’re processing your order” email would’ve saved me from checking my spam folder 20 times.
I made a second purchase in November – this time $680 worth of gold. Payment via PayPal this time to test their other payment options. Same pattern: quick checkout, then radio silence, then suddenly a tracking number appears 4 days later. Package arrived 3 days after that. So 7 days total that time.
One thing I noticed: their website inventory updates are weird. I had a 1oz gold Maple Leaf in my cart, left for lunch, came back an hour later and it showed “out of stock.” But then it was back in stock the next morning. Happened twice. Makes me wonder if they’re doing some kind of manual inventory management.
Offered Products and Services
Precious metals and other commodities being offered in Bold Precious Metals are all authentic. Also, the payment process is quite easy that you would find it enjoyable.
All you need to do is choose a product, determine its quantity, and then proceed with the payment. One thing I like about this firm are the options available for purchasing.
Do you only have online banks and partners? Well, there is no need to worry since they support payments coming from PayPal. Alternatively, payments through bank cards are also welcome.
Listed below are the products you would find in this firm’s online platform. By reading, something might tickle your fancy.
1. Gold
Gold coins predominantly takes up the second largest space in this firm’s inventory next to silver. Additionally, investing in gold is a good way to secure your financial future.
In regards to purchasing, Bold Precious Metals’ procedure of buying has never”been easier. The numerous categories to choose from are the following:
- United States Mint
- Royal Canadian Mint
- Perth Mint
- British Royal Mint
- Chinese Mint
- Graded Gold Coins
- Gold Bars and Rounds
Once you have chosen a certain product, it will redirect you to a new page. In this, you will be given information about its description, as well as its specifications.
Also, its current face value (price) is present and you can easily purchase from the product page. If the product is not available, you will be given a notification that is not in stock.
In this sense, Bold Precious Metals is similar to our recommended precious metals dealer, Goldco. Both give essential information about a certain product to their valued clients.
2. Silver
Silver takes up most of the inventory space in Bold Precious Metal’s website. The same purchasing process can be applied if you choose to buy silver metals. Listed below are the silver categories:
- United States Mint
- Royal Canadian Mint
- Perth Mint
- British Royal Mint
- Chinese Mint
- Austrian Mint
- Scottsdale Mint
- Texas Mint
- Graded Silver Coins
A word of caution for you investors out there. Some of these silver and gold coins are not IRA-approved, which means they are ineligible to be used as assets for an IRA.
Scams of all form are out there. Please be careful should you choose to use your purchased precious metals as part of an IRA. Considerably, choosing a good gold IRA firm is your best course of action.
3. Platinum and Palladium
For investors and collectors alike whose interest lies on platinum and palladium, you have but a limited choice. In Bold Precious Metals, these two metals would often be out of stock immediately.
Also, their categories is severely limited. So if you are adamant of owning a couple of these, you must be able to catch it the moment they restock these metals. The categories are listed below.
- United States Mint
- Royal Canadian Mint
- Perth Mint
- PGM Bars and Rounds
4. Other Essentials
An aspect that separates Bold Precious Metals from other companies out there is this section specifically. They have items that are not metals, but are essential for safekeeping or for other purposes.
- Supplies – this includes display boxes, dollar cases and ring capsules.
- Jewelry – rings, necklaces, and bracelets.
- Movie Themes – coin and memorabilia from hit movies
- Merchandise and Clad Coins
What I Actually Paid vs. Other Dealers
Since I’m the kind of person who tracks this stuff in spreadsheets (yes, really), here’s what I found when comparing Bold Precious Metals prices to competitors on the same day:
American Silver Eagle (single coin):
- Bold PM: $28.45
- APMEX: $28.99
- JM Bullion: $28.75
- SD Bullion: $28.50
Bold was actually competitive here, basically tied with SD Bullion for cheapest.
1oz Gold Maple Leaf:
- Bold PM: $2,089
- APMEX: $2,095
- Goldco: $2,110 (but they include IRA setup)
- JM Bullion: $2,087
Here Bold was middle of the pack. JM Bullion beat them by $2, which is basically nothing.
10oz Silver Bar (generic):
- Bold PM: $285
- APMEX: $279
- SD Bullion: $277
This one Bold was noticeably higher. $8 difference doesn’t sound like much until you’re buying multiple bars.
The pattern I noticed: Bold’s pricing is competitive on government mint coins (Eagles, Maples) but higher on generic bars and rounds. If you’re buying collector coins, they’re worth checking. If you’re stacking weight, shop around.
Also, that $8.95 shipping fee under $199 adds up fast if you’re making smaller purchases. I hit the free shipping threshold both times, but someone buying $150 worth of silver is paying almost 6% extra just for shipping.
Product Programs
Clients and investors are more likely to engage in a business that gives something back. With that, Bold Precious Metals assures customers that they are quite generous when it comes to this department.
They have periods of pre-sales and a couple of deals. For pre-sales, items and products that are yet to be manufactured or delivered to Bold Precious Metals are sold at relatively lower prices.
Deals are also abundant in this company. As per the picture above, some of their products have labels of ‘off-price’. The catch is that it is usually placed on items that are difficult to sell.
Other IRA companies, such as Goldco, use this technique to persuade more customers to buy and invest on them. I certainly like how Bold Precious Metals are utilizes this tactic.
Customer Service – When Things Got Weird
The Time I Actually Had to Contact Them
On my second order (the $680 gold purchase), I made a mistake. I accidentally entered my old address – the place I moved from 3 months earlier. Realized it about 2 hours after placing the order.
I immediately called their customer service line. Got a voicemail. Left a message. Sent an email through their contact form. Sent another email directly to their sales address I found on the website.
Here’s the timeline:
- Hour 0: Realized mistake, contacted them
- Hour 6: No response to anything
- Hour 15: Finally got an email reply saying they’d “look into it”
- Hour 22: Got a confirmation that they updated my address
The concerning part? They never asked me to verify my identity. I just said “this is order #12345, change the address to this” and they did it. On one hand, great – problem solved. On the other hand… that’s a security issue. Anyone who knew my order number could’ve theoretically changed my shipping address.
The person I emailed with was friendly enough, but the response time was frustrating when you’ve got nearly $700 in gold potentially heading to the wrong place.
I also tried calling again during business hours just to test their phone support. Got through after about a 3-minute hold. The guy I spoke with was knowledgeable but seemed rushed. Asked if I wanted to “upgrade to a larger purchase for better pricing” which felt a bit pushy given I was calling about an existing order issue.
What They Don’t Tell You
The Fine Print I Learned the Hard Way
Some things I wish I’d known before my first purchase:
- Their “pre-sale” items are sketchy timing-wise. I almost bought a pre-sale item on my first order but decided against it. Good thing – I checked back 3 weeks later and it still showed as “pre-sale.” Then it just disappeared from the website entirely. No idea if anyone who ordered it ever got their product.
- The IRA-approved designation is confusing. They mark some products as not IRA-approved, but don’t clearly explain WHY. I compared their list to the IRS guidelines and some coins they list as non-IRA seem like they should qualify. Either their labeling is wrong or they’re being overly cautious. Either way, don’t rely on their website for IRA compliance – verify yourself.
- That “deals” section is mostly stuff nobody wants. I spent way too long browsing their deals thinking I’d find hidden gems. Nope. It’s mostly odd-year coins, damaged packaging items, or designs that didn’t sell well. The “discount” is usually only $1-3 below market rate anyway.
- No buyback pricing listed anywhere. Other dealers show you buyback prices right on the product page. Bold doesn’t. You have to call or email for a quote. I asked for a quote on the Silver Eagles I purchased and they offered $2.50 below spot per coin. That’s… not great. APMEX typically offers $1 below spot.
Anticipated Services
This company is preparing to launch to more services in the future. This is to better cater to the needs of their clients and for the betterment of their firm.
These two upcoming services are
- (1) precious metals IRA and
- (2) storage service.
Naturally, if you are a company that sells and delivers precious metals, it would be imperative that you would evolve. This phase will come through the development of a precious metal IRA.
Precious metals dealers in the industry, just like Goldco, doubles as a seller and a legitimate IRA company.
Next, the gold storage would be in conjecture to the IRA service that they will soon provide. IRA assets cannot be stored at home! That is why it is crucial to have it placed in a trusted depository.
Bold Precious Metals Payment Methods
Buying gold and silver products from Bold Precious Metals is made easier due to its flexible payment methods.
Below you can see how you can pay for your precious metals. Moreover, you can see how long is their hold period, as well as the expected shipment of your products based on the payment method.
Bold Precious Metals Shipping and Insurance
All products shipped by Bold Precious Metals are covered with full insurance. So whatever bad happens to your purchases during transit, you will be compensated for the full amount.
Moreover, Bold Precious Metals offers FREE SHIPPING to all domestic orders that are $199 or above. Orders that total below this amount will incur a shipping fee of $8.95.
Customers can opt for an expedited shipping which will charge you an additional $5.95.
All orders that are over $750 required a signature upon delivery with no additional charge. If your order is less than this, you can still avail the Signature option for just $3.95. This is important to ensure that your products are safe from loss or theft upon delivery.
As for international shipping, you just need to contact Bold Precious Metals to discuss the available options for you.
Upon finishing your order, you will be emailed a tracking number for your products so that you can track their whereabouts during the transit.
Bold Precious Metals Reviews and Ratings
Here in Your Gold IRA Guide, I really value the importance of online ratings and reviews of the precious metals companies that I am checking out.
They are helpful in figuring out whether they are legit or not, as well as finding out if they are good.
Below are the Bold Precious Metals reviews and ratings that I found online.
- Better Business Bureau (BBB) – 3.85 out of 5 rating based on 43 reviews, A+ rating and BBB accredited since 2017
- Trustpilot – 3.7 out of 15 based on 5 reviews
- Facebook – 4.4 out of 5 based on 42 reviews
- No reviews found on Business Consumer Alliance, Trustlink, and Yelp
So far, the Bold Precious Metals reviews and ratings are not bad. However, if we compare it to other excellent companies like Goldco, Bold Precious Metals fall behind in terms of the number of reviews it received.
Goldco has thousands of positive ratings and reviews from customers and investors.
Other than those review websites, I found a Subreddit in which users have shared their experiences with Bold Precious Metals. They haven’t said anything other than how satisfied they are with their orders.
Pros and Cons
Pros
Cons
The Bottom Line – Would I Order Again?
My Honest Take After $1,130 in Purchases
Look, Bold Precious Metals isn’t a scam. I received everything I ordered, the products were genuine, and the prices were competitive on certain items. But “not a scam” is a pretty low bar.
Here’s my actual recommendation based on spending my own money with them:
I’d use Bold Precious Metals again for:
- Government mint coins when their prices are competitive
- Smaller orders where I’m not in a rush
- Items I can’t find elsewhere
I’d avoid them for:
- Anything time-sensitive (that 4-6 day processing lag is real)
- Generic bars and rounds (better prices elsewhere)
- Large orders where communication matters (their silence during processing is annoying)
- IRA-eligible purchases (use a dedicated IRA company like Goldco)
The missing team information on their website bothers me more than it probably should. When you’re trusting a company with hundreds or thousands of dollars in precious metals, you want to know who you’re dealing with. Their “About Us” page is basically non-existent.
Their ratings aren’t terrible, but they’re not impressive either. That BBB A+ rating sounds good until you see they only have 43 reviews. Compare that to established dealers with thousands of reviews and you realize Bold is still pretty small-time.
My rating: 3/5 – Functional but unremarkable. They get the basics right but don’t excel at anything.
If you’re comfortable with slower processing times and minimal communication, you can save a few bucks here on the right products. But if you value transparency, quick shipping, and responsive customer service, spend the extra $2-5 per ounce and go with a more established dealer.
For what it’s worth, I’ll probably make another small purchase from them if I see a good deal, but they’re not becoming my primary dealer. That spot’s still reserved for APMEX and JM Bullion.
