Bullion Shark Review

Dive into an in-depth Bullion Shark review that dissects the company’s services and practices while also dealing with the overall customer experience. As an investor or collector, you are probably always seeking reputable platforms.

It becomes paramount to understand the nuances of each entity. This guide will provide you with a transparent and informative bit of information that will shed light on Bullion Shark’s offerings.

The guide will also deal with various customer interactions and many noteworthy policies you should know if you plan to do business with them.

This will ensure that you know all the major things the company does business in, along with the things they do not want you to know.

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Bullion Shark Overview

Bullion Shark emerges as a beacon of excellence guided by its founding principles, which aim to prioritize high-quality products, all delivered in a personalized service and with competitive pricing.

Since its inception, this company has committed to providing a diverse inventory. While this guide will take a deep dive into the company wares later, you should know that you can expect a large amount of precious metals from this company.

The company has not mentioned anything about international shipping or 3rd party storage. Neither has the company talked about IRA services; however, you can at least expect that some of its bullion will be IRA eligible. On top of this, they even have an auction that you can be a part of to get great quality precious metals and bullion.

What Makes Bullion Shark Stand Out?

Bullion Shark transcends the conventional role of an online bullion dealer. It does so by offering customers a comprehensive one-stop-shop experience. Their commitment extends beyond just the simple transactions.

The aim is to be your trusted partner in navigating the bullion world. What sets this business apart from the rest is its unparalleled personal service. Here, a dedicated team of experts is always at your disposal.

The company tries its best to be your unwavering ally. Their mantra, “we take a bite out of the competition,” reflects their proactive approach in general. This one of their specialization in bullion and rare coins makes them a solid choice overall.

It also makes understanding their extensive collection of coins and bullion easier. If you need some variety in your investments, you will find boatloads of it here.

Pros And Cons Of Bullion Shark

Bullion Shark has some great reviews if you do on the BBB’s website. That being said, there are a ton of issues that have plagued the company and its clients.

Here are all the pros and cons that you should know about. You should try and understand them to the best of your abilities so that you can make an informed decision regarding this company.

Pros:

  • Great selection of coins & bullion
  • A+ BBB accreditation
  • Insured shipments
  • Great buy back policy
  • Auction services are also available

Cons:

  • Mixed reviews on various websites
  • Several poor customer service complaints
  • Shipments may take up to 30 days
  • No IRA services
  • Only 3rd party storage services

Products And Services Bullion Sharks Offer

A company’s products and services are the main attractors that compel clients to invest in one company over the other.

This section of the guide will go over all the major services you can use if you decide to deal with this company. If you want to learn about the company’s products, you also have a great chance to do so here.

Precious Metal Purchases

This service is probably the easiest one to carry out. The company offers an array of precious metals available for you to buy. If you look at the website, you will see that they have a rather massive selection of metals.

Here are the main metals that the company deals in:

  • Gold
  • Silver
  • Platinum
  • Palladium

Keep reading if you want to see even more products the company offers.

Products Available

If any of the above categories has piqued your interest, you should know that they have a staggeringly large variety of bullion to choose from under these metals.

Here are a few categories of products that you can get your hands on in this firm:

  • Silver Britannia
  • Gold Buffalo Coins
  • Platinum Eagles
  • Palladium Eagles
  • Thomas Uram Signature Series
  • US Commemoratives

These are just a handful of mentioned when it comes to the company. There are a ton of more categories that you can explore if you want to buy precious metal coins and bullion.

Additionally, this section does not even go over their auctions, which will likely have rarer coins and bullion. More on that below.

Precious Metal Auctions

If simply buying stock coins and bullion is not enough for you, and you want to get some truly exclusive coins, then you will be happy to note that this firm also deals in auction sales. Here, as a client, you can join an auction and bid on rare coins and bullion.

As with auctions, you will be competing with other people, and the person who bids the most money wins. Do note that this auction has fees different from their main site, and you should take note of all of the details before placing your bid on any piece of bullion.

Auction shipping structure and fees will also vary, so you must confirm all this via a company representative before engaging with their auction-related services.

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How To Buy Form Bullion Shark

Being an online retailer, you can enjoy an easy buying process from this company. If you are not as tech-savvy and have no idea what you are doing, here is a small guide on how you can buy from Bullion Shark:

  1. Create An Account: The initial step involves creating an account on the Bullion Shark website. This typically requires providing basic information and setting up login credentials. You can also do the same on eBay with the same steps below.
  2. Browse And Choose: Once your account is set up, you can begin exploring the range of products this firm offers. Choose the coins and bullion that fit within your budget and price range.
  3. Place Your Order: After choosing the desired products, proceed to place your order. This involves adding selected items to your cart and confirming the details of your purchase.
  4. Payment Process: Complete the payment process by selecting your preferred payment method. Bullion Shark usually provides various options, and you must decide which is best for yourself.
  5. Wait For Delivery: Once the payment is processed, you must wait for the delivery of your ordered products. The shipping period may vary, but rest assured that your precious metal products will soon reach your address.

Shipping Cost

For the clients at Bullion Shark, the secure and timely delivery of your precious metals is at the core of their commitment. The shipment delivery is initiated upon the completion of payment. This can easily take up to thirty days.

This timeframe is independent of payment clearing durations and potential product-specific delays. The product prices do not include applicable taxes and handling charges. As the customer, you will have to bear full responsibility for these additional costs.

When it comes to prices, you need to have an order of $99 or more to receive free shipping. If you do not, your shipping fee may vary, or you may have to pay a flat fee. This is something the website does not clarify.

For packages valued over $250, each delivery requires a signature confirmation. This measure enhances the security of your delivery. On top of this, every package is fully insured, and in the event of any mishap during transit, their insurance policy comes into effect.

Whether lost or damaged, rest assured that Bullion Shark assumes responsibility and will promptly pursue claims with the insurance company. In the event that metals are lost or damaged during transit, the company commits to initiating a comprehensive claim process with the insurance company.

Once your package is successfully delivered as addressed, Bullion Shark disclaims responsibility for any subsequent reimbursements/claims. Once you have your precious metals, the responsibility falls on you to keep them safe.

Bullion Shark Reviews, Ratings & Complaints

Bullion Shark draws a range of reviews from its customers that do well in reflecting diverse experiences. These experiences range from mostly good to very bad. Overall, they paint a good picture of what you can expect from the company.

One customer received a coin order that didn’t match the promised variety and faced challenges returning it within the stipulated period. On the same note, another customer points out an annoyance factor due to work calls from the company. This is despite acknowledging good coin quality.

On a brighter note, a loyal customer with a three-year history praises Bullion Shark for quality coins and their helpful assistance and ends their review by recommending the company to others.

Another customer applauds the firm for professionally and courteously resolving a mistake and continues to appreciate the company’s handling of the situation. Other customers go as far as to say it is a top-notch destination for buying silver items.

Moreover, Bullion Shark LLC has the highest rating possible (A+) on the Better Business Bureau (BBB) website. Customers have given the company an average rating of 4.29 out of 5 stars, and most reviews are positive. Customers like reasonable prices, good service, and quality products.

In summary, Bullion Shark receives mixed reviews, with some customers pleased with their experiences while others face challenges. Potential customers are advised to consider these varied perspectives before engaging with Bullion Shark.

Frequently Asked Questions

Q1: Does Bullion Shark Have Any Pending Lawsuits?

Bullion Shark, as a company, has faced lawsuits in the past. One such case was raised late this August. There have been no updates as of yet, so it can be considered that this lawsuit is still pending. This lawsuit is the Bullion Shark, LLC v. Flip a Coin Bullion LLC et al.

Q2: Does Bullion Shark Provide Storage Options For My Precious Metals?

As of writing this guide, Bullion Shark does not have any visible mentions of storage options on their website. However, there are external claims that the company has partnered up with various 3rd party storage companies.

As a client, you are recommended to confirm all of this via a company representative before you make any purchases.

Q3: Is Bullion Shark A Legit Company?

The company is BBB Accredited and has multiple great reviews. While it has been in a few lawsuits here and there, it goes to show that the company is solid overall and is not a scam.

You can trust this firm if you want to buy precious metals or if you are interested in their auction-related services. This is especially so as they have received lots of great reviews in recent times.

Conclusion

As this Bullion Shark review comes to a close, it is imperative to acknowledge the mixed reviews and legal concerns that have surfaced regarding the company.

While the company presents a diverse range of products and services, it needs to be able to back this up with great customer feedback and legal proceedings.

While the customer feedback varies, the company has really brought in great reviews in recent times, but it is easy to see that they are not doing well when it comes to legal issues.

Due to this, you are recommended to carefully do business with them unless you are absolutely certain that the company does not have your well-being in mind.

NO.1 COMPANY
NO.1 GOLD IRA FIRM
9.8/10Our Score

PORS:

  • Given an A+ rating by the BBB
  • Reliable and trustworthy representatives
  • Bonuses for new clients
  • Setting up an account is efficient
  • Account support and access via multiple devices

CONS:

  • The minimum IRA investment is $25,000
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