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Years in business | 5 |
Minimum IRA investment | No IRA available |
Fees |
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Services offered | Buying and selling physical gold, silver, palladium, and platinum as coins and bars |
Suitable for |
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Online experience |
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BullionMax is a relatively new investment company that buys and sells physical gold, silver, palladium, and platinum. The company has quickly gained a reputation for its user-friendly service and is notable for having a unique DIY buyback service, which allows you to sell your bullion back to BullionMax without the intervention of the company’s experts.
BullionMax offers some of the lowest prices in the market and its platform is easy to use, with a seamless buying and selling experience and transparent pricing. There are absolutely no hidden fees when buying and selling precious metals with BullionMax.
While BullionMax could be of interest to any investor looking to add precious metals to their portfolio, it’s particularly suitable for investors who want to invest in these physical assets for the first time.
BullionMax's user-friendly platform makes it easy for beginners to navigate the market and make informed investment decisions. Additionally, BullionMax offers a range of educational resources and tools to help new investors understand the various factors that can affect the value of precious metals and how to manage their portfolios effectively.
BullionMax is also ideal for those looking to give precious metals as gifts. The company’s gift selection features individual coins, as well as a Patriot Bundle that includes 5oz of 0.999 pure silver and a collectible 1oz Donald J. Trump silver round. Whatever the cause for celebration is, you can get coins specially made for the occasion.
BullionMax offers two main services, each with its own terms and fees:
Physical metals purchases: BullionMax charges no transaction fees on purchases of physical gold, silver, palladium, and platinum. Shipping fees are based on the value of your purchase. It’s free for orders over $199 and $9.95 for orders under $199. Orders are always shipped to the billing address of the credit card on file for security reasons.
Buyback program: BullionMax offers a buyback program whereby customers can sell their metals back to the company. The company offers a competitive buyback price based on the current market value of the assets. Note, however, that whatever you’re selling to BullionMax must have a minimum monetary value of $1,000.
Transaction fees | $0 |
Shipping fees | Orders over $199: free Orders under $199: $9.95 |
How BullionMax works depends on whether you’re buying or selling precious metals. Here’s how the process works for each of these services.
To buy precious metals on BullionMax, just visit the website and choose what you would like to purchase. Depending on the product, you might get a discount for high-volume purchases. For example, if you’re buying one to nine units of British gold coins, you get a standard price. If you’re buying 10 to 19 units, you’ll get about 5% off. Purchases of 20+ units get about 10% off.
Once you’ve placed your order, your price is locked in for five days until you pay for it. BullionMax accepts multiple forms of payment including checks, ACH, wire, cryptocurrency, credit cards, and PayPal. The company will send you an email confirmation as soon as it has processed your payment.
To sell your bullion to BullionMax, visit the Sell to Us page on the company website and select the appropriate product from the drop-down list. If the item isn't listed, you can contact BullionMax by phone or email. After you’ve selected what you would like to sell, checking out will lock in your price for 24 hours.
BullionMax has very specific instructions on how to ship your order for maximum safety. These include adding your order confirmation to your shipment, wrapping each item individually, and including a return address in case BullionMax needs to return any of the items. Once BullionMax receives and approves your item, it will release your payment.
You can reach BullionMax’s customer service team at 800-729-3202, Monday-Friday, 9am-8pm (ET). The team is also available via email at info@bullionmax.com. I found the customer service to be fast and efficient. When I reached out to the company via email, I managed to get a response within the same day.
No, while BullionMax buys a variety of coins and bullion, they do not accept all types. To see what bullion the company accepts, visit the Sell to Us page on the website. I tested the buyback service and the process took less than three minutes.
Yes, BullionMax accepts gold, silver, and platinum in trade, and is always looking to increase its stock range.
No, you typically don’t have to sign for your shipment unless you’ve opted for expedited shipping.
BullionMax is a relatively new yet reliable investment company that offers you the opportunity to buy and sell physical gold, silver, palladium, and platinum at competitive prices. While it’s not possible to view the products at a physical location, the user-friendly platform and transparent pricing make investing with this company a hassle-free experience.
We compiled this review by studying how BullionMax works on the official company website. We also looked at reviews on Trustpilot, Shopper Approved, and the company’s own website to verify how reliable the company is.
