Beverly Hills Precious Metals Reviews (BH-PM ) 2026

You may have discovered Beverly Hills Precious Metals Exchange while searching for a reputable company to purchase precious metals. Is the company legitimate or a scam? Before entrusting them with your money, we advise you to read our Beverly Hills Precious Metals reviews. This page contains information about the company’s products, prices, and customer ratings and reviews.

What Is Beverly Hills Precious Metals Exchange (BH-PM)?

Beverly Hills Precious Metals Exchange (BH-PM) is a California-based precious metals dealer specializing in the buying, selling, and storage of physical gold, silver, platinum, and other precious metals. Founded in 2003 by Andrew Sorchini, the company focuses on helping investors protect their wealth from inflation, currency depreciation, and broader economic uncertainty through ownership of tangible assets.

Over the years, BH-PM has served a diverse client base that includes first-time precious metals buyers, experienced investors, and coin collectors looking to diversify their portfolios. The company also states that it has been the preferred precious metals dealer for several high-profile personalities, including Michael Flynn and Clay Clark.

In addition to selling investment-grade bullion and collectible coins, Beverly Hills Precious Metals Exchange offers assistance with purchasing, selling, and securely storing precious metals, with the goal of making the investment process as straightforward and convenient as possible for its clients.

Beverly Hills Precious Metals Exchange Review Summary

Location:

Beverly Hills, California

Address:

9663 S Santa Monica Blvd #811, Beverly Hills, CA 90210, United States

Year Founded:

2003

Management:

Andrew Sorchini, President

Website:

www.bh-pm.com

Rating:

3/5

Beverly Hills Precious Metals Products & Services

Beverly Hills Precious Metals Exchange (BHPM) offers a range of precious metals products and wealth preservation services designed for both individual investors and retirement savers. Rather than operating a traditional online store, the company conducts all purchases and sales through one-on-one consultations with its precious metals specialists, allowing clients to receive personalized recommendations based on their investment goals.

Physical Precious Metals

BHPM’s inventory primarily consists of investment-grade gold and silver, while also offering platinum and palladium products for investors seeking additional diversification.

Gold Bullion & Coins

• Gold bars in a variety of weights
• Gold American Eagle coins
• Gold American Buffalo coins
• Canadian Gold Maple Leaf coins
• Other government-issued bullion products

Silver Bullion & Coins

• Silver bars for investors seeking larger holdings
• Silver American Eagle and other sovereign bullion coins
• Limited-edition collectible releases, including the Saving Grace Cyrus and Lion of Judah silver coins

Junk Silver

• Pre-1965 U.S. dimes, quarters, and half dollars containing 90% silver
• Popular among investors seeking fractional silver with relatively low premiums

Rare & Numismatic Coins

• Certified collectible coins graded by leading authentication services such as PCGS
• Historic and rare coins intended for collectors and investors seeking value beyond bullion content

Platinum & Palladium

• Investment-grade bars and coins
• Suitable for investors looking to diversify beyond traditional gold and silver holdings

Retirement & Wealth Preservation Services

In addition to selling physical precious metals, Beverly Hills Precious Metals Exchange provides several services designed to help clients preserve and manage long-term wealth.

Precious Metals IRAs
BHPM assists investors with rolling over eligible retirement accounts—including 401(k)s, Traditional IRAs, and other qualified plans—into self-directed Gold and Silver IRAs, helping clients diversify their retirement savings with physical precious metals.

Secure Precious Metals Storage
For clients who prefer not to store bullion themselves, the company can arrange secure storage through third-party, IRS-approved precious metals depositories that offer insured vaulting services.

Precious Metals Buyback & Estate Liquidation
BHPM also purchases precious metals from existing customers and individuals looking to liquidate their collections. The company evaluates bullion and numismatic coins, providing an option for investors and estate executors to convert precious metals into cash when needed

Beverly Hills Precious Metals Exchange Pricing & Fees

Beverly Hills Precious Metals Exchange (BHPM) does not publish live bullion prices or product premiums on its website. Instead, the company uses a consultation-based sales model, requiring customers to contact a representative by phone for current pricing and transaction details. While this personalized approach may appeal to some investors, it also makes it more difficult to compare prices with competing precious metals dealers before making a purchase.

Below is an overview of the company’s pricing structure and potential costs.

Precious Metals Pricing

Because BHPM does not maintain an online product catalog with real-time pricing, the exact premiums charged above the spot price of gold or silver are not publicly disclosed.

• Phone-Only Pricing: Investors must request a quote directly from a sales representative.
• Dealer Premiums: The company’s markups are not published. Across the precious metals industry, bullion premiums typically range from 2% to 10% above the spot price, depending on the product, market conditions, and purchase volume.
• Buyback Pricing: Investors wishing to sell their metals back to BHPM must request a live quote. Like most dealers, the company generally purchases metals below the current spot price, with the exact spread varying by product and market conditions.

Storage Fees

Clients who prefer not to store their precious metals at home can arrange secure third-party vault storage through BHPM.

According to the company’s published fee schedule:

• Annual storage fee: 0.75% of the metals’ current market value (ask price), or $15, whichever is greater.
• Billing schedule: Storage fees are billed semi-annually, with each invoice representing half of the annual charge (0.375% of the asset value or a minimum of $7.50).

Gold IRA Fees

Investors opening a self-directed Gold or Silver IRA through BHPM should also expect several third-party costs associated with maintaining a retirement account.

These may include:

• One-time account setup fees
• Annual custodian administration fees
• IRS-approved depository storage fees
• Fully insured shipping and handling charges for precious metals

Although Beverly Hills Precious Metals Exchange does not publicly disclose its preferred custodian’s fee schedule, self-directed precious metals IRAs typically incur annual costs ranging from $200 to $350, depending on the custodian, storage option, and account value. These expenses commonly include:

Pricing Transparency

One drawback of BHPM’s pricing model is its limited transparency. Since prices, premiums, and spreads are available only through direct consultation, prospective buyers cannot easily compare costs with other precious metals dealers before contacting a salesperson. Investors should obtain quotes from multiple dealers to ensure they are receiving competitive pricing.

Sales Tax

California residents should also be aware of applicable sales taxes when purchasing precious metals. Purchases under $1,500 may be subject to California’s state sales tax, along with any applicable local taxes, which can increase the total tax rate depending on the buyer’s location. Tax laws are subject to change, so investors should verify current requirements before completing a purchase.

How to Get Started with Beverly Hills Precious Metals Exchange

Opening an account with Beverly Hills Precious Metals Exchange (BHPM) is a straightforward process, although all transactions are handled through a company representative rather than an online shopping cart. Whether you’re purchasing physical bullion or opening a Precious Metals IRA, you’ll work directly with a specialist who guides you through each step.

Option 1: Buying Physical Precious Metals

If you’re purchasing gold, silver, platinum, or palladium with personal funds, follow these steps:

Step 1: Contact BHPM

Call Beverly Hills Precious Metals Exchange or submit your contact information through the company’s website to speak with a precious metals specialist.

Step 2: Discuss Your Investment Goals

Explain what you’re looking to purchase and your investment budget. Your representative will recommend suitable bullion products and provide current pricing based on market conditions.

Step 3: Review Your Quote

Once you’ve selected your preferred products, BHPM will provide a price quote that includes the current market value and applicable dealer premium. Be sure to compare quotes with other reputable dealers before committing to a purchase.

Step 4: Complete Your Payment

After accepting the quote, you’ll submit payment using one of the company’s accepted payment methods, such as a bank wire transfer, personal check, or cashier’s check.

Step 5: Receive Your Metals

Once payment has cleared, BHPM securely packages and ships your precious metals to your home or, if preferred, arranges delivery to an approved third-party storage facility.

Option 2: Opening a Precious Metals IRA

If your goal is to diversify your retirement savings with physical precious metals, BHPM can assist with establishing a self-directed Gold or Silver IRA.

Step 1: Schedule an IRA Consultation

Contact BHPM and request to speak with an IRA specialist who can explain the rollover process and answer your questions.

Step 2: Open a Self-Directed IRA

Choose an IRS-approved self-directed IRA custodian recommended by BHPM and complete the required account-opening paperwork.

Step 3: Transfer or Rollover Your Retirement Funds

Authorize a direct rollover or transfer from your existing retirement account—such as a 401(k), 403(b), Traditional IRA, or another eligible plan—into your new self-directed IRA. A direct transfer generally avoids taxes and early withdrawal penalties.

Step 4: Select Your Precious Metals

After your retirement funds arrive, work with your BHPM representative to choose IRS-approved gold, silver, platinum, or palladium products that meet IRS purity requirements for retirement accounts.

Step 5: Secure Storage

Your metals will be shipped directly to an IRS-approved depository, where they will be stored in your IRA until you choose to sell them or take an eligible distribution.

Tips Before You Get Started

Before contacting Beverly Hills Precious Metals Exchange, it’s helpful to prepare the following:

• Determine how much you plan to invest.
• If completing an IRA rollover, have your latest retirement account statement available.
• Review the current spot prices of gold and silver so you can better evaluate the dealer’s quoted premiums.
• Compare pricing, storage fees, and buyback policies with several reputable precious metals dealers before making a final decision.

Taking these steps can help you make a more informed investment decision and ensure you’re receiving competitive pricing on your precious metals purchase.

Pros of Beverly Hills Precious Metals Exchange

Beverly Hills Precious Metals Exchange offers several advantages that may appeal to investors seeking personalized service and long-term wealth preservation.

1. Personalized Customer Service

Unlike many online bullion dealers, BHPM emphasizes one-on-one service throughout the buying process.

• Dedicated account representatives assist clients from the initial consultation through purchase completion.
• Specialists guide investors through complex transactions, including 401(k) and IRA rollovers.
• Personalized recommendations help clients choose between bullion bars, government-issued coins, and collectible products based on their investment objectives.

2. Wide Selection of Precious Metals

BHPM offers a diverse range of products for both investors and collectors.

• Investment-grade gold, silver, platinum, and palladium bullion
• Government-minted coins, including popular U.S. and international issues
• Pre-1965 “junk silver” coins for investors seeking lower-premium silver
• Certified rare and numismatic coins for collectors
• Specialty commemorative and limited-edition precious metals products

3. Precious Metals IRA Assistance

The company helps retirement investors diversify their portfolios with physical precious metals.

• Assistance with self-directed Gold and Silver IRA setup
• Support for 401(k), Traditional IRA, and other eligible retirement account rollovers
• Coordination with independent IRA custodians and approved depositories

4. Established Industry Experience

Founded in 2003, Beverly Hills Precious Metals Exchange has operated in the precious metals industry for more than two decades.

• Over 20 years of industry experience
• Long-standing presence in the physical precious metals market
• Experience serving both first-time and seasoned investors

5. Strong Better Business Bureau Rating

BHPM maintains an A+ rating with the Better Business Bureau, reflecting its commitment to addressing customer concerns and maintaining good business practices.

6. Precious Metals Buyback Program

The company offers a buyback service for customers who wish to liquidate their holdings.

• Purchases bullion and eligible precious metals from clients
• Assists with estate liquidations
• Provides an established exit strategy for investors looking to convert metals back into cash

Cons of Beverly Hills Precious Metals Exchange

While Beverly Hills Precious Metals Exchange has built a reputation for personalized customer service, there are several potential drawbacks that prospective investors should consider before opening an account.

1. Limited Pricing Transparency

One of the most common criticisms of BHPM is its lack of publicly available pricing.

• No live online pricing or product catalog
• Dealer premiums are not disclosed on the company’s website
• Investors must contact a sales representative to obtain quotes
• Comparing prices with competing precious metals dealers can be more time-consuming

2. Consultation-Based Sales Process

Because all transactions are handled over the phone, investors who prefer self-service online purchasing may find the buying process less convenient.

• No online ordering or e-commerce platform
• Product availability must be confirmed through a representative
• Every purchase requires direct interaction with the sales team

3. Reports of Aggressive Sales Tactics

Some online customer reviews suggest that the sales experience may feel overly assertive.

• Certain reviewers describe feeling pressured to make purchasing decisions quickly.
• Others report being encouraged to consider higher-premium collectible or numismatic coins instead of lower-premium bullion products.

As with any precious metals dealer, investors should conduct independent research and carefully evaluate the potential risks and rewards before purchasing higher-markup collectible coins.

4. Limited Online Account Management

BHPM does not currently offer a modern online client portal where customers can independently manage their accounts.

• No online dashboard for monitoring holdings
• Transactions and account inquiries typically require contacting a representative
• Investors seeking a fully digital experience may prefer dealers with online account management tools

5. Limited Public Information About IRA Partners

Although BHPM assists clients with Precious Metals IRAs, the company provides relatively little information online about its preferred IRA custodians and storage depositories.

Prospective investors should ask about:

• The self-directed IRA custodian being used
• The approved depository where metals will be stored
• Annual administrative and storage fees
• Insurance coverage for stored assets

Understanding these details before opening an account can help investors make a more informed decision.

6. U.S.-Focused Business

Beverly Hills Precious Metals Exchange primarily serves customers within the United States. Investors located outside the U.S. may find that available products, payment options, and shipping services are more limited than those offered by dealers with an international presence.

Beverly Hills Precious Metals Exchange Reviews & Complaints

At the time of writing, Beverly Hills Precious Metals Exchange has a 3.5 out of 5-star rating on the Better Business Bureau (BBB), based on four customer reviews, with no complaints filed through the BBB.

On Google, the company has a 3.3 out of 5-star rating based on 13 customer reviews. Several of the negative reviews cite difficulties reaching the company, with customers reporting delayed or unanswered phone calls and emails.

One notable drawback is the company’s relatively limited online review presence. Beverly Hills Precious Metals Exchange currently has little to no customer feedback on major third-party review platforms such as Yelp, Trustpilot, and TrustLink, making it more challenging for prospective investors to evaluate the company’s reputation through a broad range of independent customer experiences.

Frequently Asked Questions

Is Beverly Hills Precious Metals Exchange Legit?

Yes. Beverly Hills Precious Metals Exchange (BHPM) is a legitimate precious metals dealer that has been operating since 2003. The company has served investors for more than two decades and maintains an A+ rating with the Better Business Bureau. As with any precious metals dealer, prospective buyers should perform their own due diligence by comparing pricing, customer reviews, and available services before investing.

Does Beverly Hills Precious Metals Exchange Offer Storage?

Yes. BHPM can arrange secure storage for clients who prefer not to keep their precious metals at home. The company works with third-party storage providers rather than advertising its own vaulting facilities. Investors interested in storage should ask which depository will hold their assets, what insurance coverage is provided, and the associated annual storage fees before completing a purchase.

Can You Sell Your Precious Metals Back to BHPM?

Yes. Beverly Hills Precious Metals Exchange offers a precious metals buyback program that allows customers to sell eligible bullion and other qualifying products back to the company. Buyback prices vary based on current market conditions, the type of metal, and prevailing dealer spreads, so it is advisable to request a live quote before selling.

Beverly Hills Precious Metals Exchange Reviews: Final Verdict

Beverly Hills Precious Metals Exchange (BHPM) is a California-based precious metals dealer that has been serving investors since 2003. The company offers a broad selection of gold, silver, platinum, and palladium products, along with Precious Metals IRA assistance, secure storage options, and a buyback program. Its personalized, consultation-based approach may appeal to investors who value one-on-one guidance from experienced account representatives.

However, BHPM is not without its drawbacks. The company does not publish its product inventory or live pricing online, making it difficult for prospective buyers to compare premiums with competing dealers before contacting a sales representative. In addition, its online review presence is relatively limited compared with many of the industry’s leading precious metals companies, which may leave some investors wanting more independent customer feedback.

Overall, Beverly Hills Precious Metals Exchange appears to be a legitimate precious metals dealer with more than two decades of industry experience. Nevertheless, before making a significant investment, it is wise to compare its pricing, fees, customer reviews, and IRA services with those of other well-established precious metals firms to ensure you receive the best overall value for your investment.

Alternatives to Beverly Hills Precious Metals

• Gold Gate Capital
• American Gold Reserve
• US Gold Buyers
• Tangible Investments
• Monex Precious Metals

Author Profile

Moses

Moses is a precious metals specialist, researcher, and publisher who specializes in reviewing precious metals investment companies. He has spent years analyzing Gold IRA providers, comparing transparency, customer reviews, and fee structures to help investors make informed decisions.

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