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Boston Bullion's legitimacy can be ascertained by its A+ Better Business Bureau rating and five-star Yelp reviews for those looking at the precious metals market as an investment option.
This bullion review will delve into this company's history, products, and services offered, pricing policy, and customer feedback.
All these must be considered when investing in any form of precious metals via Boston Bullion.
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That is why we have researched every company in the industry and selected the very few with the highest customer service standards.
This way you can easily compare the best companies in the business, and choose one that fits your needs and investment goals.
Read the list to see if Boston Bullion Review passed our strict customer service standards to become one of our top recommendations.
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Overview of Boston Bullion
Boston Bullion, a Massachusetts-based supplier of gold, silver, platinum, and palladium coins active since 2006, is renowned in the precious metals market.
Its mission is to provide customers with fair prices alongside accurate and reliable information, key elements for success when buying or selling bullion products online.
With years of experience, this provider stands out from other similar businesses as they ensure their clients receive trusted advice during transactions backed up by an efficient process.
Company History and Reputation
Boston Bullion, established in 2006 by Kenneth Murphy and based in Burlington, Massachusetts, has maintained its business for more than 10 years. Ken is the face of Boston Bullion, as he runs most operations with an engagement rooted in trustworthiness and ethics.
This commitment to customers can be seen through their claims on Yelp which yielded eight 5-star reviews, affirming their reputation via Better Business Bureau's A+ rating and membership at American Numismatic Association (ANA).
All these combined make it clear that one could rely upon Boston Bullion when looking into investing in precious metals from trusted dealers.
Products and Services Offered
At Boston Bullion, customers have access to a wide variety of bullions and coins composed of gold, silver, platinum, and palladium that can cater to any investment needs. They also provide buyback services for those looking to sell their precious metals no matter where they are located, making the whole process hassle-free!
What's more, orders over $99 enjoy complimentary shipping. Buying these commodities becomes all the easier with this service for one who understands how important customer satisfaction is in delivering an efficient yet satisfactory purchasing journey experience.
Selling Precious Metals to Boston Bullion
Boston Bullion provides a range of services for buying precious metals. The company offers several payment methods, including cash, check, wire transfer, and credit card – all designed to make the process as smooth and stress-free as possible.
To contact Boston Bullion today or learn more about their wide selection of bullion items alongside these secure payment options, simply reach out via their website!
Contacting Boston Bullion
Customers of Boston Bullion have the advantage of being able to contact them quickly and easily, either by phone or email. Their phone number is (781) 710-8419, and their website, www.bostonbullion.com, gives more information about the bullion products they provide and other services they offer.
For convenience purposes, this accessible way for customers to reach out makes it easier for them to get any assistance that may be needed from Boston Bulls when required.
Boston Bullion provides a range of payment options, such as cash, wire transfer, and business check, to those buying bullion or other precious metals. This feature allows the company to better serve its customers by providing flexibility in every transaction, making it more straightforward for all involved parties.
Precious Metals IRA with Boston Bullion
Boston Bullion's Precious Metals IRA allows investors to include gold, silver, platinum, and palladium in their retirement plans. This account allows them more control through self-directed as well as full-service options while having access to multiple funding methods.
What is particularly attractive about this type of investment are two storage possibilities - segregated or non-segregated - meaning clients can choose between keeping all metal together or separating it into individual metals for each owner's discretion. Boston Bullion provides many benefits that will not be found with any other precious metal IRAs today!
Understanding Self-Directed IRAs
Boston Bullion gives its clients two choices for setting up a Precious Metals IRA. These options offer either full-service custodial or self-directed services, allowing them to pick the degree of control they want.
A Self-Directed Individual Retirement Account offers increased investment flexibility by providing access to various types of assets, including bullion and other precious metals that are not available with conventional IRAs - allowing investors a greater opportunity for portfolio diversification and potentially higher returns on their investments.
Funding and Storage Options
When financing a Precious Metals IRA with Boston Bullion, clients have the option of cash or wire transfers. Also included is an account statement sent out each month so investors can be kept up-to-date and aware of their investments conveniently.
A selection of storage methods is available from Boston Bullion, which includes segregated and non-segregated options. These allow people to store metals separately (in segregation) or alongside other customers' bullion (non-segregated). These varying possibilities provide flexibility while meeting varied investor desires and demands.
Benefits of Investing in Gold
Gold investing offers various advantages, including the potential to increase in value with the rising cost of living and as a currency accepted internationally. This precious metal is sought after for its compact size, restricted availability, endurance, plus ability to be included in an IRA account. These points make gold a sound long-term investment choice.
Exploring how one can include gold investments in their retirement fund benefits them greatly during economic hardships. Let's investigate this process together and discover what rewards it may provide.
Gold in Your IRA
One option for gold investments is to include them in an Individual Retirement Account (IRA). To do this, you must set up a self-directed IRA and work with an established company that specializes in these types of accounts. After the account has been funded, eligible metals for purchase can be selected before ultimately investing your money into gold specifically meant for IRAs.
Gold assets are seen as reliable during economic hardship when other resources may experience losses or volatility. Incorporating gold within your retirement plan could provide stability while protecting against market instability and uncertain financial conditions.
Pricing and Fees at Boston Bullion
Boston Bullion offers competitive pricing and fees of $49.95 per trade when buying or selling metals. The fee structure is simple. Based on a brokerage fee that ranges from 3% for investments under 50K to 2% for those between 50k and 150k and 1% over 150K with no extra charges, commissions, or other hidden costs involved.
To better understand the expenses related to purchasing gold through Boston Bullion, it's important to analyze spot prices vs. bullion premiums associated with them.
Spot Prices vs. Bullion Premiums
When purchasing from Boston Bullion, the cost of gold will be affected by fluctuations in both spot price and bullion premiums. The latter involves extra expenses for refining, minting, and other overhead costs associated with a certain precious metal above its current market value.
These added fees have been calculated on top of what's required to acquire the sought-after commodity like that offered at Boston Bullion, depending on demand and factors such as quantity purchased combined with whatever it is currently valued at.
What is the difference between a coin and a bullion?
Coins are produced by government-run mints and have a face value that is accepted as currency. Bullion, in contrast, is created by private entities, does not feature a denomination assigned to it, but instead serves as an investment vehicle for diversifying portfolios. Both coins and bullion offer investors assets of long-term savings potential, yet ultimately serve very different purposes.
Customer Reviews and Ratings
The customer feedback for Boston Bullion is mostly positive, with many commending the company's professionalism and courtesy along with their owner Ken's availability. Also mentioned frequently were the straightforward pricing this bullion provider offers and their commitment to providing quality service.
To gain a better understanding of what customers have said about Boston Bullion, it would be helpful to look at both aspects they enjoyed and those needing improvement according to these reviews.
Boston Bullion has been praised many times by its customers due to their high standards of professionalism, honesty, and providing a straightforward experience when buying or selling bullion.
According to one customer's review over several years, they only had one incident successfully solved quickly. Ken (the proprietor) is known for being truthful and friendly, and direct in offering equitable prices regardless of whether the customer is purchasing or wanting cash for their purchase.
The business also provides an educational platform so people can be well-informed about how this kind of investment works - definitely making it easier for those who hadn't bought bullion before but wanted to avoid possible swindling issues altogether.
One person noted that because of these reasons, they felt safer trying out buying gold as Boston Bullion worked around his schedule even though he wasn't available during opening hours – illustrating just how important clients are held here at this firm, thus resulting in plenty of loyal returning consumers!
Areas for Improvement
Boston Bullion's attention to quality customer service, honest pricing, and a vast selection of items has earned it an A+ ranking from the Better Business Bureau and many favorable consumer reviews on different sites. Despite a thorough investigation, no aspects that needed improvement were identified for this bullion business.
Assessing the Legitimacy of Boston Bullion
Boston Bullion, a reputable business located in Burlington, MA, with an A+ Better Business Bureau rating and membership in the American Numismatic Association, provides gold and silver investments.
They are fully trusted to be legitimate, as customer reviews have been consistently positive throughout their long history of operations. With such credentials within the precious metals sector, Boston Bullion is assumed to deliver quality products for your investment needs.
Boston Bullion, in operation for more than ten years and proudly earning an A+ rating from the Better Business Bureau, has long been established as a trustworthy vendor of precious metals. They are also part of the American Numismatic Association, affirming their reliability within this sector.
Given Boston Bullion's sound history, along with its commitment to providing outstanding services relating to bullion trading, it is clear that it can be trusted when it comes to matters concerning these valuable resources.
Boston Bullion's commitment to great customer service is apparent in the positive feedback given by its customers. They have praised them for being professional, honest, and accessible through their owner Ken. Boston Bullion offers simple prices and useful educational resources.
It can be seen that when it comes to investing in bullion or other precious metals, you can trust Boston Bullions with confidence due to the clear importance they put on client satisfaction.
Boston Bullion provides an excellent and reliable option for those looking to purchase precious metals. With its A+ rating from the Better Business Bureau and membership with the American Numismatic Association, plus various positive customer reviews, it is clear that they are dedicated to providing a great experience for their clients.
Whether you're new or experienced in investing in bullion commodities, Boston Bullion might be able to assist you in your journey into precious metals investing, although we think there are much better options available.
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