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Bullion Exchanges Review


Bullion Exchanges




Bullion Exchanges is one of only a few authorized precious metals dealers in the United States with a robust online presence as well as a physical retail store location. The company is headquartered in the Diamond District of New York City, which includes its brick-and-mortar retail store at 30 West 47th Street New York, New York. Bullion Exchanges has a robust variety of precious metals ranging from standard gold and silver products common at most authorized dealers, to less common platinum, palladium, copper, rhodium, and ruthenium.

The most diverse selection of products available from Bullion Exchanges includes its lineup of gold bullion, followed by its silver bullion options. Platinum products are largely limited to American, Canadian, British, and Australian coins as well as bullion bars from a select few Swiss refineries. Palladium and other metals are limited even more, with the newly-released American Palladium Eagles representing the most prominent option.

Similar to other online authorized dealers, Bullion Exchanges places a great deal of emphasis on offering its customers secure online shopping, free shipping within the continental United States ($75 minimum purchase required), and dedicated customer service. That includes telephone customer service between Monday and Friday from 9am-5pm EST, with live chat available as well. One of the main attractions to Bullion Exchanges might be its commitment to offering the lowest prices over the spot price with a price matching program as well.

Gold Bar Selection at Bullion Exchanges

If you’re looking to buy gold bullion bars, you won’t find many other authorized dealers with the type of selection that Bullion Exchanges offers. The vast majority of its gold bullion bars are minted ingots, which are highly-refined gold bars that feature designs created with computer-controlled stamping processes. Examples of the gold bars available from Bullion Exchanges include:

Bullion Exchanges Gold Bar Pricing

Even though Bullion Exchanges states on its website that it offers the lowest, fair premiums over the spot price of metals, it does still seem to be within the range of other major competitors. For example, 1 oz Credit Suisse Gold Bars are available to purchase at a price roughly $21 per ounce over the current spot price of gold for a singular bar. However, if you purchase that same bar in quantities of 20 or more there is a nice discount that brings the premium down to $15 per ounce compared to the current spot price. Purchasing its largest gold bars in stock, 1 Kilo PAMP Suisse Gold Bars, represents the best deal on its site.

These 1 Kilo Gold Bars are offered at a price that is equivalent on a per-ounce basis to just $11 more than the current spot price per ounce of gold. If you purchase five or more 1 Kilo Gold Bars, the price per ounce of gold purchased drops even further to the equivalent of just $6 over the spot price of gold per ounce.

Bullion Exchanges does offer a program that many other authorized dealers do not in the form of its Price Match Guarantee. If you find a product on their website that is listed on another authorized dealer’s site for a lower price and is in stock, it may be eligible for a price match. Bullion Exchanges does have an exclusion list, so it would be important to check that before attempting to get a Price Match to save money.

Brands of Gold Bars Available on BullionExchanges.com

As mentioned above, Bullion Exchanges offers a robust selection of gold bars for sale. This doesn’t just mean there is variety in the weights offered, but also in the styles and brands. The following is a list of some of the many gold bars available by brand:

  • PAMP Suisse Lunar Bars
  • PAMP Suisse Fortuna Bars
  • PAMP Suisse Religious Series Bars
  • Republic Metals Corporation
  • Valcambi Suisse
  • Scotiabank
  • Royal Canadian Mint
  • Perth Mint
  • Johnson Matthey/Engelhard
  • Argor-Heraeus
  • Credit Suisse
  • Istanbul Gold Refinery
  • Asahi Refining
  • Sunshine Mint
  • Elemetal
  • Scottsdale Mint

Other Types of Gold Bullion & Coins Available

In addition to its vast selection of gold bullion bars, you’ll also find that Bullion Exchanges carries other forms of gold bullion. Included in this mix are gold rounds, a product that few other authorized dealers tend to carry. Of course, Bullion Exchanges has many of the world’s most popular gold bullion coins, including:

  • American Gold Eagles
  • American Gold Buffalos
  • Pre-1933 US Circulation Gold
  • Canadian Gold Maple Leafs
  • British Gold Sovereigns
  • British Gold Britannias
  • Mexican Gold Libertads
  • Australian Kangaroos (Perth Mint and Royal Australian Mint series)
  • Australian Lunar Series II
  • British Queen’s Beast Series
  • South African Gold Krugerrands
  • Chinese Gold Pandas
  • Austrian Gold Philharmonics

Customer Service Information

The customer service team at Bullion Exchanges is available on the phone between Monday and Friday from 9 AM – 5 PM EST. Live chat is also available, though nowhere on the website does it mention the hours of operation for this customer service branch. Bullion Exchanges has a support desk available via email 24/7/365 with a guaranteed turnaround on inquiries of 1 business day.

Conclusion

If you’re looking to invest in some of the most popular gold bullion products on the market, you are sure to find what you’re looking for with Bullion Exchanges. While it’s pricing doesn’t really seem to separate it from the competition, the Bullionaire Club rewards program may be a good way of saving money in the long term on your purchases.