Is Bold Precious Metals A Scam? (The Truth!) (Updated 2023)

(UPDATED 2023) 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.

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 thru bank cards are also welcomed.

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, a good choice of gold IRA firm would be 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

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.

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

Conclusion

To sum up this 'Is Bold Precious Metals A Scam?' article, the clear answer is no. This company is a real firm with a physical location and legit products.

To be honest, I was astonished by how much Bold Precious Metals has to offer. Furthermore, they provide unique products that complement their precious metals. What a lot of fun!

Also, you must be on the lookout when their IRA and storage services comes online! You will surely be met with a lot of new things.

Their lack of ratings and evaluations from other organizations, on the other hand, raises a lot of questions. One of the many factors that potential clients consider is the firm's reputation.

Other precious metals company, such as Goldco, would still be my recommendation for you. It is well-known full-time company in the industry that specializes in precious metals and IRA services.

Thank you for reading this article of mine. As usual, any comments and questions are appreciated. Do leave them in the comments section below.