Did your search for the best online precious metals company lead to discovering Bullion Shark? Are you wondering if they are the best company for you? Would you like to learn more about the products and services they offer, as well as how you can expect to be treated as a customer?
If so, you're in the right place! Today, we're going to take a close look at Bullion Shark to learn more about the company. Keep reading, and we're confident you'll learn everything you need to be able to decide if Bullion Shark is the company you'd like to work with to invest in precious metals.
About Bullion Shark
Bullion and Coins
Bullion Shark offers a wide selection of coins, bars, and rounds. These items all fall into five main categories: modern rare coins, classic rare coins, bullion, ancient and shipwreck coins, and collector sets. Below are a few of the different precious metals you can find under each category.
Modern Rare Coins
Classic Rare Coins
Ancient and Shipwreck Coins
One rather unique thing about Bullion Shark compared to most other precious metals companies is the auctions they hold. You can visit the site to see the current auctions being held and register to bid on any of the precious metals items you are interested in. Auctions can be a great way to save money and receive special items.
Orders and Shipping
Bullion Shark works to make the ordering process as easy as possible for its customers. You can view all of the available items on the website, and if you see something you're interested in add it to your online shopping cart. Unlike some other companies that require you to call to make a purchase, Bullion Shark allows you to complete the checkout process online.
You can pay for your orders using credit cards, debit cards, personal checks, bank wires, cashier's checks, money orders, or certified checks. You will need to follow the directions in the email received after placing your order to make sure that you submit your payment to Bullion Shark within two days to avoid having your order canceled.
If you spend $99, your order will ship for free. Bullion Shark securely packs and ships all orders with transit insurance to protect your products while they're on their way to you.
Bullion Shark Rewards
Bullion Shark also offers a rewards program for its customers. If you join the program, you can accumulate points that can be redeemed towards a purchase through the site. Some of the ways to earn points include making purchasing, creating an account, and following the company on Instagram. You'll also receive some bonus points each year for your birthday.
Are There Any Red Flags for Bullion Shark?
When you're trying to decide whether to give your business to a company, it is important to look for any red flags. Red flags are indicators that you may not get the level of service or quality of products that you'd expect to receive from a top quality. So, are there any red flags for Bullion Shark?
To answer this question, we check to see what other customers had to say about the company by visiting some of our most trusted review sites: the Better Business Bureau, Business Consumer Alliance, TrustLink, Trustpilot, and Google. We didn't find any reviews listed on TrustLink, Trustpilot, or the Business Consumer Alliance. Bullion Shark has a 4 out of 5-star average on Google and a 3.85 out of 5-star average on the Better Business Bureau's website.
Both of these ratings are decent, but not spectacular. It is also important to note that Bullion Shark has an A+ rating from the BBB (though this rating is not based off of reviews from customers) and is a BBB accredited business.
Is Bullion Shark a Scam?
Do we think Bullion Shark is a scam? No, we did not read anything that leads us to believe that Bullion Shark is a scam. The company has been in business since 2014. Bullion Sharks is also a BBB accredited business with an A+ rating, which we probably wouldn't see if they weren't legitimate.
Do we recommend doing business with Bullion Shark? It is of course your decision which company you give your business to, but Bullion Shark wouldn't be our first choice. As we shared above, the company doesn't have a lot of online reviews, and the reviews we did find on Google and the Better Business Bureau's website were only OK. Averages of 3.85 and 4 out of 5 stars don't scream stellar customer service, and we know there are plenty of other precious metals investment companies with higher ratings and a greater number of online reviews.
Bullion Shark doesn't appear to have as many IRA-approved precious metals as other companies. They have a nice selection of rare coins and shipwreck coins, but not as many bullion coins that could be held in an IRA. If you're looking for a company to purchase precious metals from for your IRA, this could be a reason to consider someone else.
Likewise, Bullion Shark's website doesn't mention offering any IRA services. Since setting up a Precious Metals IRA can be such a lucrative financial move, you may want to look into choosing a company that can help you accomplish this goal.
Pros & Cons of Bullion Shark
So, now that you've learned more about Bullion Shark, what do you think? Are they the right fit for your needs? Bullion Shark looks to be a solid company, but we wouldn't recommend them over some of our top picks for the best precious metals investment companies.