You have probably landed on this Boston Bullion review page as you want to discover more information about this company; rest assured, by reading this page thoroughly, you will be equipped to make an informed decision about dealing with Boston Bullion or not.
When deciding to invest in a gold IRA through any company, seeking many opinions can be helpful, but how do you know whom you can trust?
At Bear Lake Gold, we put you, our reader, at the center of everything we do; our prime aim is to provide unbiased information and opinions backed by our research that will allow you to make the correct decision for your personal circumstances. We developed a rigorous review methodology that allows us to review any company in this market comparatively, fairly, and independently so you can make an informed decision about which precious metal company best suit your needs.
Our methodology has many parts but always includes contacting a subset of the companies’ management team, employees, and clients who have done business with the company. We ask probing questions from which we can assess knowledge, honesty, ethics, suitability, and from a customer’s perspective, exactly what type of experience you would have if you were to become a customer.
By reading this Boston Bullion review, you will be provided with details about the company's pricing, members of its management team, its products and services, how other review sites rate them, and what we consider the pros and cons of working with them are.
Using the research we have painstakingly and meticulously undertaken, we aim to answer three key questions
Summary for Those Who Want a Quick Abridged Answer
As a result of our research, we concluded
If you would like more details of why we came to these conclusions, please read the full article below.
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Augusta Precious Metals, Goldco, and Hartford American Gold passed every aspect of our review process with flying colorsPlease read the full article below if you want more details about why we came to these conclusions. They did this because they are honest, trustworthy, have reasonable terms and conditions, and pricing, are friendly, easy to deal with, and not pushy; they also have great educational programs and better customer service than any other brand we know of that will hold your hand every step of the way.
#1 Recommendation Best Overall Precious Metal Provider
#2 Recommendation Best Gold IRA Based On Price
#3 Recommendation Best Gold IRA Based On Price
The company is a BBB-accredited (Better Business Bureau) company operating in the precious metals market. They are located at 127 Cambridge St #1A, Burlington, MA 01803, USA, and sell precious metals to interested buyers in the following categories.
Boston Bullion has a Massachusetts storefront where it sells precious metals to visiting customers. Having a physical storefront means you can do business with face to face and in person if you wish to visit the store. However, you can still buy remotely from its website.
The business is a small business still run by the original founder. The great customer services is probably a result of the original founder being very hands on. When we spoke to some of Boston Bullion's clients who have bought from the company's physical site, they told us that the founder is very honest and has integrity. In addition, they told us that they had good customer experiences working with him.
The online clients we spoke with told us they could place their orders through the company’s website. According to them, “you will find coins and bullion that are up for sale via the dealership, and the listed prices of these precious metals change daily, based on the value of the precious metal in the global market.”
In summary, they told us, “Seeing the prices of precious metals on Boston Bullion’s website made it easy for them to compare the company’s prices to the competing dealers' prices.
Another customer told us that “the previous company she bought precious metals from had told her that she would have to call them before they gave her a quote for the metals she wanted to buy”. She went on to say, "The company's request made it difficult for me to research other better-competitive prices, at least with Boston Bullion I can do like-for-like price comparisons with other sites, without getting the hard sell."
“But for Boston Bullion, it has a fair price, and unlike some dealerships, it does not have markups in large sums. Since you do not have to pay huge amounts as commission, you are sure to see growth in your precious metals investments with time.” She added.
Boston Bullion is a business that Kenneth Murphy founded. Ken started the company in 2006 in Cambridge. He currently serves as the company's owner and CEO (Chief Executive Officer).
The company prides itself on its wide range of quality bullion selections. However, the company's platinum and palladium product categories do not have many product offerings.
Boston has an intuitive and straightforward website allowing you to gain access to information and pricing on a number of the products it sells.
Unfortunately, Boston Bullion is not an IRA (Individual Retirement Account) custodian. It partners with Madison Trust Company for custodianship. However, you can buy IRA-eligible precious metals from the company.
It is also pertinent to mention that the company does not have a separate section for its IRA-eligible products on its website. Therefore, if you have no idea which metals are eligible for inclusion within your Gold or precious metals IRA, you may well end up making costly mistakes.
Nevertheless, the business sells items that are popular in the market. It also offers famous coins that you can buy as part of your financial investment portfolio.
Below is a list of products you should expect to see on the company’s website.
Most of the clients we interviewed told us the business is transparent with its pricing. According to them, "although there are differences in the products' spot prices, it will indicate these changes at the day's closing hours. Amazingly their prices are highly competitive, and you can pay via cash and wire transfer"
When we spoke to one of its employees, he said, “the company’s prices are dependent on three factors.
For example, you should budget below $100 if you want to purchase low-grade coins like bullets and junk coins. On the other hand, investment-worthy coins will cost you thousands of dollars."
They charge shipment and brokerage fees. Listed below are the fees you will incur for the company's packages when you buy them.
The company has precious metal products for sale. You can purchase its bullion products and coins online via its website.
In addition, it has a walk-in storefront in Massachusetts for those who live around that area and want physical buying experiences.
Boston Bullion offers buyback services. However, the price of the precious metal you want to sell will be determined by the product’s fluctuating spot price. The spot price of the metals at the time you want to sell is the price at which Boston Bullion will buy your metal. Selling to the company is a very straightforward process.
The rating was from from only 8 repsonse
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4.5 out of 5 stars
This rating was formed by 61 customer reviews
5 out of 5 stars
This rating was formed by 8 customer reviews
No Reviews Were Found
No Reviews Were Found
When we spoke to the Boston Bullion customer care department, we asked them about the company’s current promotions. According to the person we spoke with, the company has no recent promotions for new customers and investors.
Suppose you wish to invest in precious metals via a dealer offering special promotions for new clients; we recommend investing with Goldco. Goldco will give you free $10,000 worth of silver if you qualify for rollover.
Bear Lake Gold will give its final opinion on this company to end this review. After thoroughly investigating the company, we discovered that Boston Bullion is not a scam. It is located in Massachusetts and has a track record of honesty and integrity, according to the various customer reviews we got.
However, we will not advise you to invest through the company for the following reasons.won't be able to
Bear Lake Gold does not want you to keep wondering about the best companies through which you can invest in precious metals because we know how stressful and discouraging that can be for you.
We have carefully handpicked the best precious metals companies for you to invest throughin ahead of your retirement. In addition, we have compiled their reviews to show you what these companies offer in the industry and why you should invest in precious metals through them.
Please see our ‘Top Three Boston Bullion Alternatives’ section below for a general overview of these companies and the documents containing their full review details.
Our #1 Precious Metals & Gold IRA Company - Best Overall
Our #2 Recommendation - Best For Promotions
Goldco is our second top rated gold and precious metal company. Having been top rated all of last year they were very close top Augusta Precious metals
Our #3 Gold & Silver Company -Great Prices and Great Customer Service
American Hartford Gold is our third top rated company.