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Last Updated on June 7, 2023
In the realm of precious metal investment, making informed decisions is key to success. To make those decisions, you need reliable, trustworthy partners, and one such name that often comes up is BOLD Precious Metals.
Founded on the principles of providing high-quality products and exceptional customer service, BOLD Precious Metals has made its mark in the precious metals industry.
But how well does it live up to these expectations?
This comprehensive BOLD Precious Metals review aims to provide an in-depth analysis of the company and its offerings, helping investors make the right choice.
What is BOLD Precious Metals?
BOLD Precious Metals, headquartered in Austin, Texas, is a dealer specializing in the trade of gold, silver, platinum, palladium, and other precious metals. The company was founded by a team of seasoned precious metal professionals who noticed a gap in the market for a dealer that combined quality, value, and top-tier customer service.
With a firm belief in the value of precious metals as a hedge against economic uncertainty and inflation, BOLD Precious Metals aims to make investing in these commodities as accessible and straightforward as possible. The company takes pride in providing a diverse range of options for investors with different risk tolerances and investment goals.
BOLD Precious Metals presents a comprehensive catalog of products, ranging from government-issued bullion to collectible items, enabling clients to find a suitable match for their investment strategies. Apart from offering a wide range of products, the company is recognized for its commitment to competitive pricing. This is ensured through their extensive network of sources and efficient logistics that make the acquisition of precious metals more affordable for investors.
In its mission to guide investors on their precious metal investment journey, BOLD Precious Metals places significant emphasis on education and transparency. The company provides a wealth of information about each product, helping investors make well-informed decisions. Besides, their responsive customer service team is always ready to assist with any inquiries, ensuring that investors feel confident and secure in their purchases.
Moreover, BOLD Precious Metals isn’t solely about buying precious metals; they also provide secure storage solutions, ensuring your investment is kept safe. Their partnership with high-security vaults around the world provides customers with peace of mind, knowing that their assets are stored securely and insured.
A noteworthy service that sets BOLD Precious Metals apart is their assistance in setting up a Precious Metals IRA. Understanding that retirement is a significant concern for many individuals, the company offers this service to allow individuals to include physical precious metals in their retirement plans. The inclusion of precious metals in an IRA provides a tangible, long-term investment that can act as a buffer against economic fluctuations, providing stability and peace of mind for investors.
In essence, BOLD Precious Metals stands as a comprehensive platform for precious metal investment. Whether you’re a seasoned investor looking to diversify your portfolio or a beginner interested in the world of precious metals, BOLD Precious Metals offers the products, knowledge, and support you need to navigate this investment landscape confidently.
Products and Services
BOLD Precious Metals offers a comprehensive suite of products and services designed to meet the needs of both the novice and the seasoned precious metals investor.
Gold is an evergreen favorite among precious metals investors, and BOLD Precious Metals leaves no stone unturned in offering an impressive array of gold products. Whether you’re seeking gold coins, bars, or rounds, you can find them here. The gold coins are a particularly popular choice and include government-issued bullion from countries such as the United States, Canada, and Australia, alongside certified coins graded by renowned authorities like the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC). The company also offers gold rounds and bars in various sizes, from one gram up to one kilogram, providing options for investors of all levels.
Silver’s affordability and potential for high returns make it an attractive choice for many investors, and BOLD Precious Metals certainly delivers in this category. The company’s silver offerings span across a broad range of bullion coins, bars, and rounds. These include well-recognized mints worldwide, such as the U.S. Mint, the Royal Canadian Mint, and the Perth Mint. Like its gold offerings, BOLD Precious Metals also provides a selection of collectible silver coins, which are of particular interest to numismatists.
Platinum and Palladium
Investors looking for portfolio diversification beyond gold and silver can consider BOLD Precious Metals’ offerings of platinum and palladium. These precious metals are available in different forms, including coins and bars, and come from various renowned mints. These metals are particularly attractive for investors seeking assets that are often used in industrial applications, adding a unique diversification angle to their investment portfolios.
Keeping in touch with market trends and customer preferences, BOLD Precious Metals regularly updates its list of best sellers. This section typically features popular items such as the American Silver Eagles, Canadian Gold Maple Leafs, and various gold and silver bars from renowned mints. These items are favored by investors due to their high liquidity, recognized value, and wide acceptability in the global market.
In addition to its product offerings, BOLD Precious Metals also provides a range of services to assist its customers. One such service is their Bullion Storage solution. Recognizing the need for secure storage, the company offers customers the ability to store their purchases in secure, fully insured vaults. This service ensures that their investment remains safe and well-protected.
Another notable service is their assistance in setting up Precious Metals IRAs. A Precious Metals IRA allows investors to hold physical precious metals in a tax-advantaged retirement account. BOLD Precious Metals facilitates this process by partnering with reputable custodians, assisting investors in setting up their accounts, choosing the right metals, and arranging for secure storage.
With its wide range of products and dedicated services, BOLD Precious Metals caters to investors looking for an all-encompassing solution to their precious metals investing needs.
BOLD Bullion Storage
For investors in precious metals, secure storage is a critical aspect of protecting their investments. Recognizing this need, BOLD Precious Metals offers its customers a secure bullion storage solution, ensuring that their valuable assets are safe, protected, and easily accessible.
Investing in precious metals isn’t just about buying. It’s also about properly storing these assets to preserve their condition and value. Storing precious metals at home might seem like a cost-effective option, but it comes with several risks, including theft, damage, and loss. Additionally, home insurance policies often do not cover valuable items such as precious metals adequately.
To counter these challenges, BOLD Precious Metals partners with some of the world’s most secure vaults and depositories to offer its customers a reliable storage solution. The partnered vaults are strategically located in various parts of the world, offering customers the option to store their metals in a location that best suits their needs.
The storage facilities are built with state-of-the-art security systems, including advanced surveillance technology, biometric access controls, and round-the-clock security personnel. They are designed to safeguard precious metals against all kinds of threats, ranging from theft and fire to natural disasters.
Besides offering robust security, these vaults also provide full insurance coverage for the stored precious metals. This means that if any unfortunate event leads to loss or damage of your assets, you will be compensated for the loss, adding another layer of protection for your investment.
With BOLD Precious Metals’ bullion storage solution, customers can also expect convenience and flexibility. They can easily add to their stored assets with any new purchases or sell from their stored inventory when the market conditions are favorable. The storage solution also includes regular inventory reports, ensuring investors always have up-to-date information about their holdings.
BOLD Precious Metals’ bullion storage solution offers customers peace of mind by providing a secure, insured, and convenient method of storing their precious metals. It’s a testament to their commitment to serving their customers’ needs comprehensively, not just in buying and selling, but also in maintaining the safety and integrity of their investments.
BOLD Precious Metals IRA
A Precious Metals Individual Retirement Account (IRA) is a self-directed IRA that allows investors to hold physical precious metals in a tax-advantaged retirement account.
BOLD Precious Metals offers assistance to its customers in setting up a Precious Metals IRA, providing a unique opportunity for investors looking for a tangible, long-term investment strategy for their retirement funds.
How it Works
A Precious Metals IRA works in much the same way as a conventional IRA, but instead of holding paper assets, it allows for the inclusion of physical gold, silver, platinum, and palladium. It’s a legal and IRS-approved method of investing retirement funds in precious metals. This strategy can act as a hedge against inflation and economic uncertainty, providing stability to your retirement portfolio.
The precious metals included in the IRA must meet certain fineness requirements set by the IRS. For example, gold must be .995 fine or higher, and silver must be .999 fine or higher. BOLD Precious Metals ensures the products they offer for IRA investment meet these standards.
How to Set up a New IRA
Setting up a new IRA with BOLD Precious Metals is a straightforward process.
- Open a Self-Directed IRA: The first step is to open a Self-Directed IRA account with a custodian that allows for precious metals investments. BOLD Precious Metals can recommend custodians they have partnered with who specialize in this type of investment.
- Fund the IRA: Once your new account is set up, you can fund it by making a contribution, transferring funds from an existing IRA, or rolling over funds from a qualified retirement plan, such as a 401(k) or 403(b).
- Select Precious Metals: Once your account is funded, you can select the precious metals you want to include in your IRA. BOLD Precious Metals has a wide variety of eligible products for you to choose from. Your chosen precious metals will be purchased with the funds from your IRA.
- Secure Storage: The purchased precious metals will be shipped directly to a secure depository, where they will be stored until you decide to take a distribution or sell the metals.
Where is the IRA Gold Stored?
The precious metals in your IRA are stored in a secure, IRS-approved depository. The location of the depository can be chosen from the available options provided by your IRA custodian. These depositories offer state-of-the-art security measures to ensure the safety of your investment. While the metals are stored at the depository, they remain your property and are fully insured.
BOLD Precious Metals IRA service offers a way to diversify your retirement savings and provides a hedge against market volatility. With their expertise and support, setting up a Precious Metals IRA becomes a seamless process.
Ratings, Reviews, and Complaints
As with any business, a comprehensive understanding of a company’s reputation requires considering various sources of feedback. When evaluating BOLD Precious Metals, we’ll look at several rating platforms and sources of reviews, including customer ratings, Better Business Bureau (BBB) ratings, and TrustPilot reviews.
Customer ratings offer valuable insight into the quality of a company’s products and services. BOLD Precious Metals generally receives high ratings from its customers. Users praise the company for its competitive pricing, wide selection of precious metal products, reliable delivery, and top-notch customer service. Many customers also appreciate the user-friendly interface of the company’s website, which makes it easy to browse products and place orders.
However, as with any company, some customers have expressed dissatisfaction. The most common complaints include limited product availability and issues with the minimum purchase requirements for certain payment methods. Despite these occasional concerns, the overall customer sentiment towards BOLD Precious Metals remains positive, with many clients highlighting their successful long-term relationships with the company.
The Better Business Bureau (BBB) is a non-profit organization that assigns ratings to businesses based on various criteria, including the business’s complaint history, the type of business, the length of time in operation, transparency of business practices, and more.
At last check, BOLD Precious Metals is not accredited by the BBB, which does not necessarily reflect negatively on the company’s operations or reliability. It’s worth noting that BBB accreditation is voluntary, and many reputable businesses choose not to pursue it.
For the most current BBB rating and information regarding BOLD Precious Metals, it is advisable to visit the BBB’s official website.
TrustPilot is a popular online review platform where customers can share their experiences with businesses worldwide.
At the time of publication, BOLD Precious Metals enjoys high ratings on TrustPilot. Customers often highlight the company’s reliable delivery, the quality of the products, and their satisfaction with the customer service.
However, as with any business, it’s essential to check the most recent reviews on TrustPilot for an updated understanding of customers’ experiences with BOLD Precious Metals.
While these platforms provide valuable insights, it’s crucial to remember that no single source of reviews or ratings should be the sole determinant of your decision to invest with BOLD Precious Metals or any other company. It’s always a good practice to do thorough research, consider various sources of information, and perhaps consult with a financial advisor before making significant investment decisions.
Pros and Cons
When considering any investment company, it is crucial to weigh the pros and cons to make an informed decision. Below are some advantages and disadvantages associated with BOLD Precious Metals.
- Wide Range of Precious Metal Products: BOLD Precious Metals offers an extensive selection of gold, silver, platinum, and palladium products. Their inventory includes a variety of coins, bars, and rounds from renowned mints around the world, catering to a broad range of investor preferences.
- Competitive Pricing: The company is committed to offering competitive prices for their precious metal products. Their efficient logistics and extensive sourcing networks allow them to make precious metals more affordable for investors.
- High Level of Customer Service: BOLD Precious Metals is known for its responsive and professional customer service. Their team is available to assist with inquiries, orders, and any potential issues, ensuring a positive customer experience.
- Secure Storage Solutions: Through partnerships with secure vaults worldwide, BOLD Precious Metals offers its customers secure and insured storage solutions. This service provides peace of mind to investors, knowing their assets are safe.
- Assistance with Precious Metals IRA Setups: The company offers assistance in setting up Precious Metals IRAs, providing a unique opportunity for investors to diversify their retirement savings with physical precious metals.
- Product Availability: While BOLD Precious Metals has a wide range of products, there can be availability issues for some specific items. This can potentially limit choices for investors looking for those particular products.
- Minimum Purchase Requirements: Some customers have raised concerns about minimum purchase requirements for certain payment methods. This could be a potential barrier for those wishing to invest smaller amounts.
- Third-Party IRA Services: BOLD Precious Metals’ IRA services are provided through partnerships with third-party custodians. While the company assists in setting up these accounts, some investors may prefer dealing with a company that provides in-house IRA services.
While the pros of BOLD Precious Metals significantly outweigh the cons, it’s important for each investor to consider these points in light of their unique investment goals and preferences. Remember, successful investment decisions are always based on thorough research and due diligence.
In summary, BOLD Precious Metals has proven itself a dependable partner in precious metal investment. With its extensive product range, competitive prices, secure storage options, and strong customer service, the company stands out in the industry.
While some minor drawbacks exist, such as occasional product availability issues and third-party IRA services, these do not significantly detract from the overall offerings.
Whether you are a seasoned investor or a newcomer to precious metal investment, BOLD Precious Metals is a worthy contender for your consideration.
As always, it’s prudent to do your research and consider your personal investment goals before making a decision.