Sharps Pixley Reviews 2022

Are you considering purchasing precious metals from Sharps Pixley? Is it a top-rated precious metals firm and does it honor its promise to deliver gold you can hold?

Well, before you even think about acquiring gold or silver from them, you need to read this review carefully to avoid losing your hard-earned money.

Who Is Sharps Pixley?

Sharps Pixley Reviews

Headquartered in London, United Kingdom, Sharps Pixley is a UK based precious metals retailer that mainly targets UK-based bullion investors. The company was originally founded in 1778 by William Sharp, however, it collapsed in 1995 and was later revived in 2010. Since then, Sharps Pixely has continued to serve investors, managing billions of pounds in investments.

Sharps Pixley Products

Sharps Pixley’s products mainly consist of bullion bars and coins, but they also offer copper products. Their products mainly comprise silver, gold, platinum and palladium. Sharps P. works with various trusted suppliers to see to it that they offer top-quality precious metals. Some of their reputable suppliers include the Perth Mint, The China Mint and Rand Refinery among others.

Sharps Pixley Products

Do They Offer Precious Metals IRAs?

Unfortunately, Sharps Pixley does not offer Precious Metals IRAs as it’s a British Company mainly targeting UK investors. If you are looking for a reliable Precious Metals IRA provider, you can check out our top-rated dealer here.

Company Info

Location:

London, United Kingdom

Address:

54 ST James’s Street

London SW1A 1JT

Founded:

2010

Managers:

Ross Norman, Austin Kiddle, Giles Maber, Hind Essoussi, Lawrence Williams

Website:

Sharpspixley.com

Is It a Legit Firm or Scam?

Sharps Pixley is a legally registered UK precious metals broker and therefore is a legit company. Sharps Pixley is definitely NOT a Scam.

Advantages of Investing With Sharps Pixley

  • Excellent Rating on Trust Pilot

Sharps P. is rated excellent on Trust Pilot. This is an indication of how their services are great. However, it is surprising that they don’t have good reviews on other platforms. We’ll dive into reviews and ratings later.

  • User-Friendly Website

Sharps Pixley’s website is professional, neat and easy to navigate, even for the less savvy investor. Their catalog is well organized and this makes it easy to choose the products you need, as well as pay for them through their simple yet secure checkout system.

  • Safe Storage

This company will offer a safe storage for your valuable investment assets. They have secure deposit boxes at their main storage facility based in ST James’s Street, London.

  • Buy- Back Program

They offer a buyback program hence you can sell your assets back to the company whenever you wish to. Also, Sharp’s Pixley provides a simple 3-step process to help you to quickly buy or sell your metals.

Disadvantages of Investing With Sharps Pixley

  • Expensive Fees

Sharps Pixley’s storage fees happen to be more expensive compared to other bullion dealers.  For instance, their deposit boxes are priced differently, with the smaller one going for £250 ($347), while the larger box goes for £1250 ($1, 738). With such a fee structure, it is evident that their storage is more expensive compared to top US precious metals dealers such as Goldco.

  • Customer Complaints

In spite of the positive reviews on some platforms, we discovered that Sharps Pixley also has its fair share of complaints from customers decrying poor customer support. Below is a screenshot of a disgruntled customer complaining about poor customer service and possibly a fraud scheme within the company.

  • Poor Customer Support

They do not have a chat feature for quick communication like most other companies. Instead, they have the traditional contact form and a telephone number. This is unappealing to most customers who desire a cheaper and quicker means of communication.

  • Only Available to UK Investors

Despite offering a wide variety of bullion products, Sharps Pixley only caters for local investors, which is disadvantageous to foreign investors. The company has clearly indicated on their website that they do not offer international shipping.

Accreditation and Customer Reviews

It was extremely shocking to find out that this company lacks reviews on trusted consumer protection sites such as Trust Link. Save for Trust Pilot on which the company has 820 customer reviews and a 4.9 rating, Sharps Pixley boasts zero reviews on the Better Business Bureau, The Business Consumer Alliance and Yelp.

What Company Do We Recommend?

Our top recommendation is Goldco Direct, a US-based precious metals company which offers top-notch customer support as well as high quality products. Other than selling bullion, Goldco Direct offers Gold IRA plans as well. They offer exceptional storage facilities besides lower storage and administrative fees. You can read more about Goldco Direct Here>.

Summary

Sharps Pixley is a precious metals dealer based in London that mainly targets local clients. The company offers a wide variety of products ranging from bullion bars and coins to even copper products. Their main products are: Gold, Silver, Platinum and Palladium.

Regardless of their great products and awesome storage, the company has its share of complaints which has massively dented its reputation. Moreover, their expensive storage fees as well as unwillingness to offer international shipping makes the company disadvantageous to international investors.

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