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Bullion Shark was established in 2014 in Old Westbury, New York with a small and dedicated team of professionals. The company claims that they aren't your average bullion dealer.
They are committed to providing clients with a one-stop shop for their investment needs. Whether you're interested in bullion, rare coins, or currency, Bullion Shark has you covered.
The company also offers personal services, according to its LinkedIn page which helps Bullion Shark stand out against its competitors.
The company prides itself on having a knowledgeable staff to help investors in a variety of areas, including creating a coin portfolio, finding a unique piece for their collection, or setting up a precious metals IRA.
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Table of Contents Bullion Shark ProductsOpening an Account at Bullion SharkBullion Shark Highlights
Returns & ExchangesCustomer ReviewsBullion Shark: Pros and ConsBullion Shark: Final Thoughts
Bullion Shark Products
Bullion Shark prioritizes offering everything investors need to add to their portfolio. You'll find that the company offers several coins and bullion to choose from.
Here is an overview of the products you'll find with Bullion Shark:
Modern Rare Coins Investors have several coins to choose from in this category. Some products you'll find are the 2022 Palladium Eagles, Silver Eagles, 2021-Present Morgan and Peace Dollars, and Gold Buffalo Coins.
Classic Rare Coins There are several products in the company's Classic Rare Coin category, including Two Cent Pieces, Half Dollars, Quarters, Nickels, Half Cents, and more.
Bullion Investors will find a variety of Bullion products, including Silver bullion, gold bullion, platinum bullion, and copper bullion.
Ancient and Shipwreck Coins For investors looking for more unique coin options, consider buying a coin from their Ancient and Shipwreck coin collection. Some coins you'll find are Roman Coins, Greek Coins, Biblical Coins, Shipwreck Coins, and more.
Opening an Account at Bullion Shark
The best way to buy coins with Bullion Shark is to open an account with them. An account with Bullion Shark has several key benefits that can make purchasing with the company more seamless.
Here are some features of opening an account with them:
Faster Checkout: One advantage of opening an account is that you'll benefit from a faster checkout. For investors who quickly want to receive their coins, opening an account is the best way to go.
Multiple Shipping Addresses: For your convenience, Bullion Shark enables you to have multiple addresses on file when you open an account with them.
Access Your Order History: With an account, you'll be able to access your previous orders to see which coins you already own.
Track New Orders: Keeping track of your coins on their way is essential. With an account, investors will be able to monitor all their coins in real-time.
Wish List: While you're shopping for potential coins, you can conveniently create a wishlist to monitor your favorite items and quickly find them until you decide to make a purchase.
Bullion Shark Highlights
There are several highlights of using Bullion Shark. For starters, the company offers free shipping on all orders that are over $99. This is a great way to save money on your coin purchases, especially since shipping prices can get pricey.
Additionally, Bullion Shark states that they have numismatic experts on staff.
If you have questions about making a coin selection or want to learn more information about placing your coins in precious metals IRA, you can enlist the help of one of their experts.
Another neat feature offered by Bullion Shark is the company's Auction. On the homepage of their website, you'll notice a category that says 'Auctions'. At this time, Bullion Shark doesn't show any upcoming auctions.
However, the page states that they are building their next catalog and to check back soon. It appears the Bullion Shark typically runs auctions until items are sold.
If you're an investor that's looking for a great deal or hoping to find a unique coin, shopping the Auction catalog may be a good place to start.
Returns & Exchanges
Here's some information about Bullion Shark's Return and Exchanges policy:
The company states that customers will have a 14-day return period from the date that they receive their item.
If you need to make a return, you must contact Bullion Shark within fourteen days either by email at info@bullionsharks.com or by phone at 516-739-5822. Note that shipping and handling charges are non-refundable.
Bullion Shark has a relatively standard return policy for a precious metals dealer that appears to be fair.
Customer Reviews
Bullion Shark is a BBB Accredited Business with an A+ rating and 3.81/5 on the Better Business Bureau's website with an average of 31 reviews.
Some customers stated that Bullion Shark provides great service and great value for their products. Some customers have also stated that the company was 100% reliable and that they specialize in offering unique coins that are hard to find elsewhere.
Additionally, customers have stated that shipping was fast and easy. In contrast, the company has received a few negative reviews that are important to consider.
For starters, one customer stated that the coin they received was not the same weight that was advertised on the company's website. They were offered a refund. However, the customer states that they never received it.
Another customer stated that they bought 4 uncertified coins with Bullion Shark. However, the company did not have those particular coins. The customer decided to cancel her purchase and a refund was initiated, but the customer never received it.
The reviews of Bullion Shark are quite mixed. Some customers have had a good experience with the company. However, some customers have had the opposite experience.
As a result, it's essential to do further research when working with this company and consider making a small purchase first to see what their process is like.
Bullion Shark: Pros and Cons
Precious metals are an excellent way for investors to diversify their portfolios. Here is a look at the pros and cons of buying from Bullion Shark:
Customers will receive faster shipping, have the option to save multiple addresses, track orders, and more.
With that said, it's nice to know that Bullion Shark practices fairness. This can provide customers with a sense of confidence when buying coins on the company's website.
Whether you're looking for coins to add to a precious metals IRA or you're looking for other rare coin options, Bullion Shark has a little bit of everything for investors to choose from.
Additionally, some customers have noted that Bullion Shark was able to find unique coins that you can't get anywhere else. This means that this company has done an excellent job of sourcing quality coins in great variety.
Bullion Shark provides straightforward prices on its inventory page for easy coin planning.
When comparing Bullion Shark to its competitors, this is something to watch out for. Additionally, the company does not have many reviews overall. They've only garnered 31 reviews in total since opening in 2017.
The lack of reviews makes it difficult to get a clear view of the company as a whole.
According to some customers, Bullion Shark isn't always transparent about the products advertised on its website. Additionally, several customers have stated that they were unsuccessful when trying to get a refund.
For this reason, it's likely best to make a small purchase first to gain your perspective of the company.
Bullion Shark: Final ThoughtsFor investors looking for a precious metal dealer, Bullion Shark may be worth a try. Bullion Shark is a relatively new dealer, opening in 2017 in Old Westbury, New York.
One thing that stands out about Bullion Shark is the fact that the company offers several precious metal coins for investors.
Whether you're a collector or need coins for your precious metal IRA, you shouldn't have a hard time finding what you need.
Bullion Shark does have some notable negative reviews that you should watch out for. However, the company seems to be providing good service to clients overall. Be sure to do your research and ask questions as needed.
Bullion Shark is not a scam, they are a decent company, but we do not recommend them.
There are better options for investors looking to make direct purchases of precious metals, and much better options for investors looking to protect their savings with a precious metals IRA, that we have written about extensively on this website.
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