Interested in diversifying and safeguarding your retirement with gold, silver, or platinum? Choosing a trustworthy precious metals dealer is essential. BGASC—short for Buy Gold and Silver Coins—is one such provider. In this BGASC review, we analyze customer feedback, ratings, and key factors to help you determine whether the company is legitimate or worth avoiding.
What Is BGASC?
BGASC is a precious metals company located in Dallas, Texas, that was founded in 2012 by three ardent coin collectors. Thus, the company was created primarily for numismatists, although it has recently expanded into other product lines and services.
Unique to BGASC is the fact that orders over $5000 receive free shipping. For precious metals IRAs, a minimum investment of $30,000 is required. They ship throughout the United States with the exception of Minnesota.
BGASC Products
BGASC stands for Buy Gold and Silver Coins, and as the name suggests, the company focuses on selling bullion products such as coins and bars. Alongside gold and silver bullion, BGASC also offers a selection of numismatic (collectible) coins. Investors can choose to have their metals delivered directly to their doorstep or place them in a self-directed IRA. However, for IRA investments, you’ll need to arrange your own custodian and storage, as BGASC does not provide these services.
BGASC Review Summary
Location:
Dallas, Texas
Address:
6125 Luther Lane
474
Dallas, TX 75225
Year Founded:
2012
Managers:
Thomas Martin
Website:
www.bgasc.com
Overall Rating:
3.5/5 (Not recommended)
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Is BGASC Reputable or a Scam?
The company has been in business since 2012. They’ve gained popularity as a result of their honesty and ethical business practices. In addition, they have excellent Better Business Bureau ratings. Therefore, BGASC is a legitimate, reputable precious metals company and not a scam.
Advantages of BGASC
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Wide Selection of Products
As previously stated, BGASC stocks enormous quantities of both bullion and collectibles. They have a vast selection of products, making them one of the largest precious metals companies in the United States.
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Excellent Ratings
They have outstanding ratings on numerous online platforms, including Trustpilot and Trustlink. This merely demonstrates that BGASC is acting appropriately.
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Free Shipping
Free shipping is provided for orders exceeding $5000. BGASC also claims to offer expedited shipping, with orders typically being shipped the following business day.
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Buy-Back Option
The company has a buy-back program in effect that allows you to sell your metals in an emergency.
Disadvantages of BGASC
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High Minimum Purchase Amount for IRAs
The minimum investment required for precious metals IRAs is $30,000. If you have a limited budget, this price may be prohibitive.
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Not a custodian
If you are transferring or rolling over your IRA into precious metals, you will have to find your own custodian. This will add extra work in finding a reliable custodian.
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Customer Complaints
We discovered three complaints condemning BGASC for selling low-quality goods and charging exorbitant fees for bulk orders. Below is a comment from one of Reddit’s consumers.
Customer Reviews & Complaints
In this section, we’ll have a look at online BGASC reviews. BGASC’s Better Business Bureau rating is 4.43 out of 5, based on 35 customer reviews and 4 complaints. On the Ripoff Report, they have been the subject of three complaints within the past three years. In addition, they have a Trustpilot rating of 4.8 out of 5 stars based on 7,748 user reviews. Surprisingly, there are no reviews of the company on prominent review sites such as Trustlink, Business Consumer Alliance, Yelp, Google Plus, and others.
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Should You Consider BGASC for Your Gold IRA Rollover?
BGASC has been in operation for several years and enjoys strong customer ratings, reinforcing its credibility as a precious metals dealer. However, when it comes to setting up a Precious Metals IRA rollover, the company does not directly partner with a dedicated custodian to manage or streamline the process.
For many investors—especially those new to Gold IRAs—working with a provider that coordinates with established custodians can make the rollover smoother and help avoid unnecessary complications.
Because of this, it may be worth considering a company that offers full-service IRA support. Augusta Precious Metals continues to stand out as a top choice for rollovers and retirement accounts due to its hands-on guidance and streamlined process. Click below to learn more.
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BGASC Reviews- Conclusion
We have concluded our BGASC reviews. We trust that this analysis was informative and will assist you in making a prudent investment decision. If you have prior experience with this company or would like to share your thoughts, please feel free to do so in the section below. We appreciate your reading!
