BGASC (Buy Gold and Silver Coins) is an online dealer who not only sells gold bullion, but also silver, platinum and copper. Aside from precious metal bullion they stock pre-1965 U.S. 90% silver coins (junk silver), pre-1933 U.S. gold coins, nickels, cents, mint and proof sets and coin supplies. The company started somewhat recently, in 2012 and we could not find any major complaints from their customers.
Besides selling precious metals and coins on their website, they also have an eBay account where they sell similar items. On their eBay profile page they have had over 5,000 completed transactions with no negative reviews which we found to be rather impressive. They offer a low free shipping-tier which starts at $250. Orders under this amount still receive low shipping charges and their gold bullion products are priced very competitively.
BGASC Gold Bar Selection
BGASC has a somewhat restricted selection of gold bars that I would say is right in the middle of the spectrum if you compare it to other dealers. While they do not have a massive selection of gold bullion (right around 20 gold bar products at the time of this review), they do carry gold bars in all the standard sizes such as 1 gram, 2.5 gram, 5 gram, 10 gram, 1 oz etc. They seem to focus on the line of PAMP Suisse Fortuna Gold Bars and offer a few unique bars like the 25 x 1 gram PAMP divisible bar. Their most popular gold bars can be found below:
- 1 Gram PAMP Suisse Gold Bars
- 2.5 Gram PAMP Suisse Gold Bars
- 5 Gram PAMP Suisse Gold Bars
- 10 Gram PAMP Suisse Gold Bars
- 1 oz PAMP Suisse Gold Bars
- 1 oz Sunshine Mint Gold Bars
- 1 oz OPM Gold Bars
- 1 Kilo OPM Gold Bars
BGASC Gold Bar Pricing Review
BGASC offers very low prices for the gold bars that they do carry, with their lowest cost 1 oz gold bar priced at $15.50 over spot with the quantity paper check/bank wire discount. This is very much in line, if not cheaper than most of their competition. If you add in the free shipping over $250, it is actually very cheap. They charge a credit card processing fee of around 4% which is basically the industry standard.
On BGASC’s website, they have live gold and silver spot prices displayed on every page which are updated every few seconds when the market is open. Their bulk order prices are very low as well which can be great for investors looking to buy gold cheaply online. These pricing tiers generally begin at 10 ounces for gold and 20 ounces for silver.
Brands of Gold Bars Available
We sort of mentioned this earlier, but BGASC tends to focus on stocking the Fortuna line of gold bars which are made by the Switzerland based company PAMP Suisse. These bars are probably the most popular in the marketplace and are priced cheaply so they can be a good option when purchasing physical gold bullion.
Other Types of Gold at BGASC.com
As the name suggests, BGASC (Buy Gold and Silver Coins) also offers both old and modern day gold bullion coins minted in the United States as well as Foreign Mints. For these other types of gold investments, they carry a very large product selection which is also available at very competitive prices. There gold coin selection includes the following coin series:
- American Gold Eagle and Buffalo
- Canadian Gold Maple Leaf
- Gold Philharmonics
- South African Gold Krugerrands
- Gold Commemoratives
- Pre-1933 Gold (Double, Quarter and Half Eagles, Liberties, $1 gold)
- Chinese Gold Pandas
- French Gold Coins
- Swiss Gold Coins
BGASC has a professional customer service team which is available to assist its customers Monday-Friday 7AM-4PM PST. They offer email and phone support during business hours but you can place an order online every day of the week and at any time of day if you wish. They boast on their website that their customer service team is skilled and dedicated with knowledge of the precious metals market.
Our Conclusion of BGASC
While their selection of gold bullion brands is sort of limited, their pricing is very low and beats many of its competitors. If you take into account the free shipping tier of only $250, they are one of the cheapest places to buy gold online. They also have no minimum order size which is great if you plan on only buying a gram or two of gold or some even small amounts of silver.