BullionByPost Review 2023 – Legit Place To Buy Gold?

BullionByPost is a precious metals trader headquartered in the UK that provides delivery or storage options for gold, silver, platinum, and palladium bars and coins. Customers can conduct business with BullionByPost either online or over the phone. The company also provides a brokerage service for deals of a more substantial scale.

Prices are calculated using the current live spot price of the desired precious metal plus a premium accounting for the costs of manufacture, shipping, and insurance. This BullionByPost review will help you decide whether or not this service is for you.

Firstly, here’s a short video explaining more about what they offer;

BullionByPost Background Information 

The company’s processes are basic and easy to follow. You first need to create an account with the company, which takes under five minutes to complete. It will then take you to the company’s website, where you will have the opportunity to select the metal that you would like to purchase.

Additionally, you may choose from various metals and pay the actual amount for each one. Hold the metal in the company’s possession, or have it brought to you.

Everything about BullionByPost is done in a professional and businesslike manner. You may also look at the timeliness of the delivery, the quality of the client feedback, and the company’s general foundations. Today, the company’s customer service is falling short according to some negative online reviews, but it’s something that can be fixed and could simply be due to the high demand for gold at this time.

Products & Services

As a leading provider of physical precious metals in the bullion market, BullionByPost offers a range of products and services. Here is an overview of what they provide.

Buy Gold

Physical gold is available to buy from Bullion By Post, the UK’s No.1 bullion dealer. Established in 2008, BullionByPost has become one of the most trusted bullion dealers in the country, offering a comprehensive range of gold bullion products including coins, bars, and rounds. With competitive prices across all bullion products, BullionByPost is an ideal choice for private gold investors.

Gold items they sell include gold coins such as Gold sovereign, Gold Britannia, and Half Sovereign. They also sell gold Bars including 1-ounce bars, 100-gram bars 1-kilo gold bullion.

Buy Silver

Silver bullion from Bullion By Post is available to buy at some of the market’s lowest prices. With bullion products ranging from 1-ounce silver coins to 400-ounce silver bars, BullionBy Post offers a complete range of bullion coins and bars for both novice and experienced private investors alike.

Silver items they sell include silver coins such as silver Britannia, 1oz Best value coins, and 2022 Silver Maple. They also sell silver bars including 100g silver bars, 1kg silver bars, and 5kg silver bullion.

You can even buy Platinum bullion coins or bullion bars from them.

Sell Gold & Silver

If you’re looking to sell bullion, they are a safe and secure option offering great rates when it comes to selling gold, silver or platinum bullion coins and bars. Selling your gold and silver to BullionByPost is easy and they offer competitive pricing to make sure you get the best price possible when selling gold.

Vault Storage

BullionByPost offers a secure bullion storage vault service, providing bullion investors with the perfect solution to safely store their precious metals investments. With the ability to buy and store bullion in one single account, you can enjoy peace of mind knowing that your precious metal investments are safe and secure.

Gold & Silver Pension Investing (SIPP & SSAS)

BullionByPost offer private investors the opportunity to invest their assets in their Self-Invested Personal Pension (SIPP) or Small Self-Administered Scheme (SSAS). This is a great way for gold and silver investors to diversify their portfolios.

If you have a pension and are thinking of getting some exposure to precious metals then why not contact them to see if they can help you?

Note: US gold IRA investing is not possible with BullionByPost. If you are looking for gold IRA investing then check out our review of Birch Gold Group.

Price Charts

BullionByPost offers bullion investors up-to-date gold, silver, and platinum price charts so they can keep track of the latest spot prices. You can also use their bullion calculator to find out what your precious metal holding is worth. Here you will find the live gold price on different time frames helping you to keep up to date with price movements in spot gold prices as well as spot silver and platinum prices.

BullionByPost Cost

BullionByPost is a service where dealers deliver precious metals from their warehouses to clients’ homes. The customers’ location and order size affect the shipping costs.

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Price Charts

BullionByPost offers bullion investors up-to-date gold, silver, and platinum price charts so they can keep track of the latest bullion prices. You can also use the bullion calculator to find out what your bullion is worth. Here you will find the live gold price on different time frames helping you to keep up to date with price movements in spot gold prices as well as spot silver and platinum prices.

BullionByPost Cost

BullionByPost is a service where dealers deliver precious metals from their warehouses to clients’ residences. The customers’ location and order size affect the shipping costs.

The BWP is a handy delivery method available to all customers to get your gold or silver. Direct interaction with a dealer is required for bullion purchases. To entice new customers, several retailers provide free delivery and other advantages.

It is possible to save money on bullion purchases through several different methods. Additionally, it’s possible to look for the most affordable pricing. You may also compare prices at various bullion dealers.

Cost Of Services

Sending gold or silver coins from one nation to another can be done through a “bullion post service.” Customers may transport their precious metals to a central location and have them stored until they are ready to be delivered to their final destination.

The fact that the Bullion Post Service has various benefits over other methods of transporting precious metals has contributed to its meteoric rise in popularity. For instance, sending packages through the mail is a riskier option than using this method. In addition to this, it is considerably quicker than delivering the items via a courier service.

UPS is a handy delivery method available to all customers to get your gold or silver. Direct interaction with a dealer is required for all purchases. To entice new customers, several retailers provide free delivery and other advantages.

It is possible to save money on bullion purchases through several different methods. Additionally, it’s possible to look for the most affordable pricing. You may also compare prices with various other bullion dealers.

Cost Of Services

Sending gold or silver coins from one nation to another can be done through a “bullion post service.” Customers may transport their precious metals to a central location and have them stored until they are ready to be delivered to their final destination.

Products and Services

BullionByPost sells a wide variety of gold and silver coins, bars, and other valuable metals like platinum and palladium. All prices are fair, and the Best Price Guarantee backs up all products.

Silver

BullionByPost does not charge value-added tax on any of its silver coins, and many of its silver coins can be contributed to a self-invested personal pension plan (SIPP). The British Silver Britannia is minted by The Royal Mint and contains one troy ounce. In fact, 999 pure silver is the coin that is most sought after by private UK investors who are interested in purchasing silver.

Gold

Investors may choose from a diverse selection of gold bars and coins to buy through BullionByPost. Gold bars are available in a range of weights, starting at one gram and going up to one kilogram. 

The one-ounce gold bar is by far the most common and widely purchased size. Gold coins come in various weights and sizes, including 1/10 ounce, 1/4 ounce, 1/2 ounce, and 1 ounce. You may also purchase them in various fractions of an ounce, such as 1/20 ounce and 1/10 ounce quantities.

Platinum and Palladium

Platinum and palladium are among the world’s most elusive precious metals. Several items are available, from ETFs and mining equities to bars of platinum and palladium.

When it comes to investing, they assist you in choosing the ideal product for your portfolio, no matter how experienced you are. With a lengthy history of use, platinum, and palladium are both important metals. It’s common to see platinum and palladium utilized in jewelry and watches. Due to their scarcity and great value, both metals are desirable investment assets.

Creating Your Account

When it comes to purchasing precious metals from BullionByPost, the process is rather straightforward. Generally, there are seven steps in the process:

1. Create a personal account.
2. Add a product to the “Basket.”
3. Choose an option for the delivery of your package.
4. Choose your preferred payment option. (Bank transfer, Debit Card, Credit Card)
5. Check on the status of your order and make any necessary adjustments.
6. Make your payment.
7. You should receive your order within a matter of days!

Payment Options

You don’t need to be concerned about the security of the payments because BBP offers the most convenient payment alternatives. Cards for debit and credit, as well as bank transfers, are the payment methods that can be used.

Your financial transactions and personal information will also remain protected from unauthorized third parties. Additionally, receiving and making payments for your items is a simple process.

Ensure you have everything in order if you want to place an order or sell something through BBP. Their regulations on refunds are quite stringent.

Delivery Methods

The delivery of BullionByPost’s precious metal is handled either by the UPS courier service or Royal Mail.  Customers have expressed dissatisfaction with Royal Mail on many occasions owing to the lack of identification checks or signatures required when delivering. Therefore, when you place an order with BBP in the future, it might be worthwhile considering the courier service provided by UPS.

If, after placing an order, you do not get information on any trafficking, you are strongly encouraged to get in touch with their support service. The online reviews left by customers show that they can easily track their packages after placing a purchase.

Resources for Investors

BullionByPost is certainly one of the best online companies to buy and sell gold, silver, platinum, and palladium bullion coins and bars in the UK. They are known for their excellent customer service, reasonable rates, and various items.

Investors of all skill levels may benefit from the website’s wealth of knowledge, from novices to seasoned veterans. Additionally, they provide guides, articles, and resources, ranging from information on investing in precious metals to a history of gold as a medium of exchange.

Storage Options

BullionByPost knows that the safety of clients’ precious metal investments is hugely important and they take this very seriously. What’s more, they ensure the safety of all their gold and silver bullion goods by providing a variety of storage options. All custodied items are kept in a warehouse with strict temperature control and items over £2,500 are completely insured. Their storage vaults are incredibly secure, and are located in London, Zurich, and Singapore.

Customer Service

BullionByPost is committed to providing exceptional customer service. They are available to assist via phone, email, or live chat 7 days a week for any bullion-related questions. Their knowledgeable and friendly staff is here to help you navigate the bullion market and find the bullion product that best suits your needs.

Moreover, BullionByPost offers precious metal investors a convenient bullion buying and selling service, with free insured delivery on all orders over £500.

Pros and Cons of BullionByPost

Investing in precious metals with BullionByPost is a hassle-free option because you don’t need to go to a bank or an exchange to make the transaction. However, there are also a few issues reported by existing customers that need to be understood.

To provide the most balanced BullionByPost review possible here are the benefits and drawbacks of utilizing their services.

Pros

Here are the Pros of using their services;

• The firm maintains consistent pricing
• Creating an account is a breeze and can be done in a short amount of time
• Quick delivery that includes the option of having your metal brought to your house
• There is a high degree of dependability in the United Kingdom and throughout Europe
• Easier to navigate web pages
• Strong backup and support crew
• Buyback bundle
• Easy checkout

Cons

Some of the drawbacks and limitations of their services include;

• There are a limited number of goods available
• Complaints from several customers (especially regarding delivery) if online BullionByPost reviews are to be believed
• There are several weaknesses in their customer service
• The firm offers no IRA services

Frequently Asked Questions

Is BullionByPost legitimate?

Yes. It is a legitimate business that can be found at its listed address and is run by publicly doxxed team. You may find the headquarters of BullionByPost in Birmingham, United Kingdom. It is the property of Jewellery Quarter Bullion Limited (JQB Ltd), and for the past 12 years, it has been legitimately doing business in the United Kingdom. Full contact information is;

0121 634 8060 info@bullionbypost.co.uk

Floor 16, Centre City Tower, 7 Hill Street, Birmingham, B5 4UA

The fact that the firm is also an authorized distributor for the Royal Mint contributes to the significant increase in its confidence among customers.

Are there any hidden fees?

There are no hidden fees associated with purchasing from BullionByPost. On the website, all prices are itemized, and the amount you pay matches what was described. You are also notified of any price changes before completing the payment process.

What countries does BullionByPost serve?

BullionByPost can offer its services and wares to customers in various European Union nations. In addition to that, it serves the markets of the following nations:

• Netherlands
• Italy
• United Kingdom
• Ireland
• United States
• Greece
• Spain
• France

Does BullionByPost accept returns?

You can sell your precious metals to any business or organization that offers the highest price. However, if you change your mind and want to sell the bullion back to BullionByPost, you are free to do so.

Who Owns Bullion By Post?

Bullion By Post is owned by Jewellery Quarter Bullion Limited (JQB Ltd), a company authorized and regulated by the Financial Conduct Authority.

Is Gold Investing Safe?

Yes, bullion investments are generally considered to be safe, especially when taken with the right precautions and held in secure bullion storage facilities. When you buy bullion from BullionByPost, your bullion products are fully insured and stored in secure bullion vaults.

Can BullionByPost Be Trusted?

Yes, BullionByPost can be trusted. The company is authorized and regulated by the Financial Conduct Authority, which ensures that its customers are protected.

How Long Does BullionByPost Take To Deliver?

BullionByPost can deliver your bullion order within 48 hours, but this is dependent on the payment method used. Card payments are usually processed the same day and bullion orders are dispatched within 24-48 hours. All bullion orders over £500 are delivered free, fully insured by Royal Mail or a reputable bullion courier.

Is BullionByPost A Scam?

No, BullionByPost is not a scam. Their service is authorized and regulated by the Financial Conduct Authority, which ensures that its customers are protected. BullionByPost also only sources bullion products from authorized refiners and suppliers, as well as offering storage services. As such, they can be trusted to provide bullion investors with a safe, secure, and reliable bullion investing experience.

Who Is The Best Company To Buy Gold From In The UK?

According to the reviews of customers, the best company to buy gold from in the UK might be BullionByPost. They offer bullion products in GBP, free insured delivery on orders over £500, bullion storage services, and are regulated by the Financial Conduct Authority. They are well established, with an excellent reputation, and are therefore one of the leading gold sellers in the UK.

What Is The Safest Way To Buy Gold Bullion?

The safest way to buy gold bullion is to buy from a bullion dealer that is regulated by the Financial Conduct Authority. BullionByPost is one such bullion dealer that is regulated by the FCA and offers secure bullion storage services. Additionally, gold and silver investors should ensure that bullion purchases are made using a secure payment method, such as bank transfer or card payment. Finally, private investors should take advantage of bullion storage services to reduce the risk of theft.

BullionByPost Company Reviews

Most of BullionByPost’s customers are completely satisfied with their service, but here is what existing customers are saying about them

SiteJabber

Customers have given Bullionbypost.co.uk an average rating of 4.61 stars out of 5, suggesting they are happy with their purchases and there are very few customer complaints. Most of their customers rave about the speed of their delivery, the quality of their silver Britannia, and the friendliness of the company’s staff. Additionally, bullionbypost.co.uk is the 7th most popular gold-related website in the UK.

Trustpilot

Bullion By Post has received a lot of positive comments on the website Trustpilot, a well-known platform that enables consumers to publish online testimonials and ratings of various businesses.  

The company has achieved an average level of customer satisfaction which is 91 percent, which indicates most consumers of BullionByPost are delighted with the service they received.

eKomi

eKomi offers a feedback-gathering and management solution that is impartial and open to public scrutiny. In general, eKomi compiles reviews from actual customers of various stores, products, and services.

The eKomi Gold Seal of Approval was given to BullionByPost, indicative of customers being pleased with the service. This seal is equal to 4.8 stars and above in rating.

Companies Like BullionByPost

If you’re looking for bullion dealers with similar services, there are several options available. Companies like JM Bullion and Kitco offer bullion products ranging from 1-ounce gold coins to 400-ounce silver bars. In addition, companies like Provident Metals and APMEX offer bullion storage services. Finally, the Royal Mint offer precious metal products in different currencies, including Euros and US Dollars.

Bullion By Post Vs Royal Mint

Both Bullion By Post and Royal Mint Bullion offer similar products, bullion storage services, and bullion-related information. However, their primary differences are in the currency of bullion product transactions – Bullion By Post offers precious metal in GBP while Royal Mint Bullion offers bullion in EUR. Additionally, Royal Mint Bullion offers gold coins and bars directly from The Royal Mint whereas Bullion By Post sources bullion from authorized refiners and suppliers.

If you’re looking for gold investment companies then you may also like our BullionVault review 2023, Birch Gold Group reviews, and Element United review 2023.

Around The World

BullionByPost EU

BullionByPost EU is a bullion service designed for bullion investors in the European Union. The website offers bullion products in Euros (EUR) and bullion storage services, as well as free insured delivery on orders over €500.

BullionByPost Ireland

BullionByPost Ireland is a bullion service designed for bullion investors in Ireland. The website offers bullion products in Euros (EUR) and bullion storage services, as well as free insured delivery on orders over €500.

BullionByPost USA

BullionByPost USA is tailored to the specific needs of American investors. Investing in gold and silver coins has never been easier with our secure website, offering US Dollar (USD) transactions for product purchases and storage services. Plus – orders over $500 qualify for free insured delivery!

BullionByPost Review: Conclusion

BullionByPost is a very well-established and reputable company for buying precious metals delivered in the UK and internationally. Despite a few negative BullionByPost reviews, their reputation is excellent and they have a large customer base. Creating an account is easy and you could be buying your gold from them within minutes.

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