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Are you a savvy collector seeking certified gold coins and silver coins from a trusted U.S.-based online dealer? Bullion Shark specializes in PCGS-graded precious metals, from ancient rarities to modern issues, with expert numismatists ensuring authenticity and a 14-day money-back guarantee.
This review covers their A+ Better Business Bureau rating, pricing advantages, inventory strengths, and service. It helps you decide if Bullion Shark offers real value for your collection.
Prior reading further, it is important to acknowledge that investing your savings is a not easy. When it comes to incorporating precious metals into your investment portfolio, how can you tell which companies are reliable?
After devoting extensive time and effort, we have conducted thorough research within the precious metals industry and compiled a selection of the most trustworthy companies.
Take a moment to read our list and determine if Bullion Shark has what it takes to make the list this year!
This lets you to quickly compare the leading companies in this field and select the one that aligns with your specific requirements and investment objectives.
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Key Takeaways:
- Bullion Shark shines as a trusted U.S. dealer. It boasts great customer reviews, expert numismatists, and certified coins with an authenticity guarantee for collectors.
- The 14-day money-back guarantee and daily inventory updates add real value. Watch for possible extra shipping or pricing fees.
- Bullion Shark beats competitors with its broad range of graded ancient and modern coins. It offers quick U.S. shipping, making it ideal for serious collectors.
Is Bullion Shark a Reliable Dealer for Collectors?
Bullion Shark is a top U.S. dealer in rare coins. It focuses on certified coins graded by services like PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Company).
The company offers a 14-day money-back guarantee, which sets it apart from other precious metal dealers. Its expert numismatists (coin specialists) build trust with collectors.
Customer Reviews and Ratings Overview
Bullion Shark gets mostly positive reviews on sites like the Better Business Bureau. Some are mixed.
Buyers love the wide stock of certified coins like the American Gold Eagle and Silver Eagle. A few mention shipping delays.
| Platform | Average Rating | Key Praises | Key Complaints | Example Quote |
|---|---|---|---|---|
| Better Business Bureau | A+ | Competitive pricing, expert curation | Shipping delays | 'Excellent selection of graded coins at fair prices.' - July 10 |
| Trustpilot | 4.2/5 | Competitive pricing, expert curation | Transparency concerns | 'Curated inventory is top-notch, but order updates lacking.' |
| Sitejabber | 4.0/5 | Expert curation, fast processing | Shipping issues | 'Great deals on Eagles, but delivery took weeks.' - 19 Aug 2021 |
| Google Reviews | 4.3/5 | Competitive pricing, reliable stock | Transparency concerns | 'Affordable and authentic, wish for clearer policies.' |
| ResellerRatings | 4.1/5 | Expert curation, variety | Shipping delays | 'Specialists know their bullion, shipping slower than expected.' |
Check reviews against your order emails for delivery dates. Track packages on USPS or FedEx sites with the numbers provided.
Focus on verified reviews for smart decisions. Ignore single complaints. This approach has significant implications for choosing a bullion dealer-our Company Reviews Archives demonstrates the practical application across multiple providers.
What Are the Key Pros of Shopping at B.S.?
It's a family-owned U.S. shop with ethical practices. It offers a huge selection of graded coins, like the PCGS- and NGC-certified Gold Investing Kit.
Expert numismatists back the stock. This builds buyer confidence.
Expert Numismatists and Authentication
Bullion Shark hires top numismatists like Greg Morrison. They check all certified coins carefully.
The shop gets coins only from top graders: PCGS, NGC, and CAC. This gives collectors peace of mind. For modern coins like the American Gold Eagle, experts verify PCGS and NGC slabs (protective holders).
For ancient coins, experts check provenance (ownership history). They use these steps:
Following grading, CAC approval stickers are affixed to signify exceptional quality.
Assessments use 10x magnification. They check strike quality and luster against MS-70 standards, which means a perfect coin grade. Take the case of an 1893-S Morgan Dollar proof coin.
Experts spotted a fake due to uneven edge reding, unlike the Mint's specs from 1893 reports. This shows why collectors must check die marks. Verify the weight at exactly 26.73 grams with digital calipers to spot fakes.
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Potential Drawbacks: Are There Hidden Costs?
Arlington Coins prices its collectible coins competitively. You get historical gems like Morgan Dollars and Peace Dollars at good rates.
Bullion Shark has good prices and free shipping on big orders. But watch for delivery delays with USPS Priority Mail and unclear prices on custom coin sets.
To mitigate these common challenges, the following targeted recommendations are advised:
Negative reviews on Etsy mention wrong coin conditions. Always get items checked by trusted services like PCGS.
How Does Their Pricing Compare to Competitors?
Bullion Shark prices certified coins like the American Gold Eagle and Silver Eagle better than most rivals. This keeps collectors coming back!
Check out this comparison of Bullion Shark vs. competitors, using fresh price data!
| Aspect | Bullion Shark | JM Bullion | Key Difference |
|---|---|---|---|
| Premium on PCGS-graded Gold Eagles | 2-3% over spot | 4-5% over spot | Lower entry cost for collectors |
| Precious Metals IRA | Same-day transfers | 3-5 day processing | Faster for retirement accounts |
| Rewards Program Fees | No hidden fees | 2% markup on redemptions | More transparent loyalty benefits |
Go for Bullion Shark's low premiums on PCGS gold coins. Their fast IRA setup shines for silver.
According to United States Mint reports from 2023, demand for American Gold Eagles increased by 15%, reflecting market trends and emphasizing the value of timely sourcing capabilities.
Does the 14-Day Money-Back Guarantee Add Value?
Bullion Shark's 14-day money-back guarantee builds trust. You can return certified coins like proof silver in their boxes, as long as they're perfect.
It covers everything, even ancient coins. Get a full refund in 14 days.
Key benefits of this policy include:
This guarantee saves you from 5-10% losses on bad buys. It goes further than basic shipping protection, especially when compared to policies at other dealers, as explored in our in-depth review of Nationwide Coin and Bullion Reserve.
But How Strong Is Their Customer Service?
Bullion Shark's support team responds fast via phone and email. They handle issues like returns with care, earning high marks from users.
Bullion Shark offers strong customer service from its U.S. base. It includes secure orders, quick support, a rewards program, and insured packages. Some reviews note delays in order confirmations. The company works to improve this.
Shipping and Support Policies
Bullion Shark's shipping policies employ USPS Priority Mail and First Class Mail, with tracking numbers issued within 1-2 business days. These policies include complimentary shipping on eligible orders and comprehensive insurance coverage for certified coins.
To optimize the use of these policies, adhere to the following numbered procedures:
Many people skip checking order confirmation emails. Review all details right away for smooth delivery.
What Inventory Options Make Them Stand Out?
Bullion Shark stands out with its wide range of certified coins. It covers ancient pieces to modern American Silver Eagle proofs, updated daily on their auction site for collectors building unique sets.
To sustain this extensive selection, Bullion Shark implements five principal inventory management strategies:
Recently, a collector acquired a CAC-graded classic coin at 15% below market value through the auction platform, leveraging the growing demand for tangible assets amid economic uncertainty. This reflects broader trends, including a 20% increase in precious metal investments, as reported by U.S. Mint data.
Understanding Their Focus on Certified Coins
Bullion Shark places a strong emphasis on certified coins, ensuring superior quality through strategic partnerships with PCGS, NGC, and CAC. This approach provides graded collectibles sourced from the United States Mint, catering to the needs of both investors and hobbyists seeking to build diversified portfolios.
These coins are protected by slabbed encapsulation, featuring a tamper-evident acrylic holder that prevents scratches and environmental damage in accordance with the standards established by PCGS in 1986 and NGC in 1987.
Certifications are based on the Sheldon 1-70 grading scale; for instance, an MS-70 designation for an American Gold Eagle signifies impeccable condition, commanding premium market value.
For investors, certified bullion products are eligible for inclusion in Individual Retirement Accounts (IRAs) under IRS guidelines outlined in Publication 590, facilitating tax-deferred growth.
Skip ungraded ancient coins. They carry a high risk of fakes. Choose modern coins from the U.S. Mint on Bullion Shark's site. The platform has real-time prices and safe shipping to grow your collection easily.
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How Does Their U.S.-Based Operation Benefit Buyers?
As a family owned enterprise founded by Greg Morrison based in Old Westbury NY, Bullion Shark operates entirely within the United States, offering buyers expedited domestic shipping, adherence to stringent U.S. regulatory standards, and versatile payment methods such as bank wire transfers and cryptocurrency.
For example, orders are typically dispatched within one to two business days via the United States Postal Service from their New York facility, thereby eliminating the delays commonly associated with international shipments.
Consider the case of a U.S.-based collector who purchased a Precious Metals IRA-approved coin kit; the order was delivered in just 48 hours, enabling prompt funding of their Individual Retirement Account in full compliance with Internal Revenue Service guidelines.
They follow ethical business practices under U.S. laws and Better Business Bureau standards. Federal Trade Commission rules ensure full transparency in precious metals deals.
Their local presence offers better customer support. The New York team gives tailored help for loyalty accounts. Shipping takes 20 to 30 percent less time than from overseas sellers. This boosts your confidence and cuts costs on rush delivery.
Daily Updates and Market Positioning Explained
Bullion Shark updates its inventory every day. This keeps it as a top dealer in precious metals like silver coins, matching current market trends for smart buys by investors and collectors.
To effectively utilize these updates, adhere to the following numbered steps:
Avoid mistakes like ignoring how precious metals prices can swing wildly. The US Mint's 2023 report shows gold demand up 8%, so daily updates help build a strong, varied collection.