Bullion Exchanges Reviews- Is It Legit? [2025 Updated Guide]

If you’re considering buying or selling precious metals online, you’ve likely come across Bullion Exchanges. But is Bullion Exchanges legit and trustworthy? How do their services, pricing, and customer satisfaction compare with other leading gold dealers?

In this comprehensive Bullion Exchanges review, we’ll explore the company’s background, products and services, how it works, pros and cons, customer feedback, and ultimately help you decide whether it’s the right platform for your gold and silver investments.

Location: New York, New York

Products: Precious Metals

Manager: Robert F., Head of Operations

Rating: 3.6/5 ★★★☆☆

 

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What Is Bullion Exchanges?

Bullion Exchanges Reviews

Bullion Exchanges is a New York City-based precious metals dealer founded in 2012. Located in the heart of Manhattan’s Diamond District, the company is known for offering a wide array of bullion products and numismatic collectibles.

They specialize in buying and selling:

  • Gold
  • Silver
  • Platinum
  • Palladium

One unique feature is their online trading platform, which allows customers to lock in live prices, even on weekends and holidays—a flexibility rarely seen among precious metal dealers.

Whether you’re a seasoned investor or a first-time buyer, Bullion Exchanges aims to provide a seamless experience both online and in-store.

Bullion Exchanges Products & Services

Bullion Exchanges offers an extensive product catalog designed to meet the needs of investors and collectors alike. Their website is organized into categories that make it easy to browse by metal type, coin series, or mintage year.

Available Products Include:

Category Examples
Gold Coins & Bars American Eagles, Buffalos, Pre-1933 Gold Coins, Gold Bars
Silver Coins & Rounds American Silver Eagles, Morgan Dollars, Peace Dollars, 90% Silver
Platinum Products Platinum Eagles, Canadian Maple Leafs, British & Australian Platinum Coins
Palladium Products Palladium Bars, Palladium Rounds, Palladium Coins
Collectibles Commemorative Coins, Certified Coins, Proof Sets
Exclusives Limited mintage items for serious collectors

⚠️ Note: Bullion Exchanges also advertises Precious Metal IRAs, but their website provides limited information about IRA setup, custodial fees, or storage options.

If you’re interested in diversifying your retirement portfolio with a gold IRA, we recommend checking out our Top 5 Gold IRA Companies for better transparency and support.

How Bullion Exchanges Works

1. Buying Precious Metals

  • Visit bullionexchanges.com
  • Browse or search for your desired product.
  • Add items to cart and proceed to secure checkout.
  • Payment options include bank wire, check, credit/debit card, PayPal, and cryptocurrency.

🛒 Online purchases are available 24/7, and pricing is locked in real-time—even during holidays and weekends.

2. In-Store Purchases

Prefer an in-person experience?

You can walk into their retail store located at:

📍 30 W 47th St, Store 1, New York, NY 10036, United States

In-store purchases may offer additional payment methods and same-day pickups.

3. Selling to Bullion Exchanges

  • You can sell your precious metals online by submitting a quote request.
  • Alternatively, bring your items to their NYC location for evaluation.
  • Once your items are verified, you get paid via your preferred payment method.

Bullion Exchanges Pros and Cons

Here’s a breakdown of what customers love—and what they don’t—about Bullion Exchanges:

Pros

Feature Description
Competitive Pricing Prices are often lower than other major dealers like APMEX or JM Bullion
Wide Product Range Offers rare and exclusive coins as well as mainstream bullion
Live Pricing Lock-in feature available even on holidays and weekends
Fast Shipping Orders typically ship within 1-3 business days
Transparency Prices, weights, and descriptions are clearly listed on product pages

Cons

Issue Customer Complaints
Average Ratings 3.6 to 3.7 stars on most platforms—lower than top-tier competitors
Damaged Coins Some customers received dinged or scratched coins listed as “uncirculated”
Website Interface Changes Sudden changes to site layout frustrate repeat buyers
Customer Service Inconsistent support quality reported, especially on platforms like Yelp

Bullion Exchanges Customer Reviews & Ratings

Customer reviews across major platforms are mixed. Here’s a snapshot of the company’s ratings as of 2025:

customer rating 1

customer rating 2

Platform Rating Review Count Notes
Trustpilot 3.6 / 5 1,039 Reviews Reports of fast shipping, but also coin quality issues
Google My Business 4.5 / 5 836 Reviews Mostly positive reviews, especially for in-store service
Yelp 3.7 / 5 95 Reviews Mixed feedback—great prices, but poor support
SiteJabber 2.3 / 5 24 Reviews Users cite poor communication and return issues
BBB (Better Business Bureau) A+ (Accredited) 14 complaints in 3 years No major red flags, but not entirely spotless

🔍 Takeaway: Ratings vary significantly by platform. While many praise the product selection and shipping speed, issues like coin condition and service responsiveness appear frequently.

Is Bullion Exchanges Legit?

Yes, Bullion Exchanges is a legitimate and BBB-accredited bullion dealer. They have served thousands of customers since 2012 and operate a physical storefront in New York City.

However, they may not be the best choice for beginners or IRA investors due to:

  • Sparse information about IRA services
  • Inconsistent customer service
  • Mixed reviews on coin quality

If you’re looking for flawless customer support, IRA-friendly policies, and ultra-secure storage, consider top-rated alternatives like Augusta Precious Metals or Goldco.

Bullion Exchanges vs Competitors

Feature Bullion Exchanges JM Bullion APMEX Augusta Precious Metals
Founded 2012 2011 2000 2012
BBB Accreditation ✅ Yes ✅ Yes ✅ Yes ✅ Yes
Physical Location ✅ NYC Store ❌ Online only ✅ Oklahoma ❌ Online & Phone Support Only
IRA Services ❓ Limited Info ✅ Available ✅ Available ✅ Specialist Support
Pricing Transparency ✅ Live Prices ✅ Educational Focus
Customer Ratings (Avg.) ⭐ 3.7/5 ⭐ 4.3/5 ⭐ 4.2/5 ⭐ 4.8/5

Conclusion: Should You Buy from Bullion Exchanges?

Bullion Exchanges is a solid option if you’re looking for:

  • A large selection of bullion and collectible coins
  • Competitive prices with live-lock features
  • A brick-and-mortar store for in-person transactions

However, if customer service, perfect coin condition, or precious metal IRAs are your top priorities, you may be better served by other reputable gold dealers.

Frequently Asked Questions (FAQ)

Is Bullion Exchanges safe to use?

Yes. The site uses SSL encryption and is BBB-accredited. They also have a physical store in NYC.

Do they offer IRA-approved metals?

Yes, but information about IRA setup and fees is limited on their site.

What’s their return policy?

Returns must be initiated within 5 business days, and items must be unopened and in original condition. A 5% restocking fee applies.

Are their prices competitive?

Yes, prices are updated live and are generally lower than many competitors.

Do they ship internationally?

Yes, Bullion Exchanges ships to many countries, but international orders may incur customs duties.

Ready to invest in precious metals?
Compare Bullion Exchanges with our Top 5 Gold IRA Companies before you buy.

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