Disclaimer: Some or all of the companies listed here may provide us compensation. This is a part of how we maintain our free service for consumers. Compensation, along with hundreds of hours of in-depth research determines the results of our reviews.
Boston Bullion is a Massachusetts bullion dealer that has been in business for more than a decade. Instead of having a huge structure with tons of employees, most of the business is run by the owner, Ken. He has a long history in the precious metals market and understands the needs of his clients.
Can a small business like this stand up to the heavy hitters? And are the products and pricing legitimate? You always want to know whether a company is trustworthy before you start using them.
Important! Before we go on with this review...
Picking the right company to invest with is a huge financial decision. We understand this and we take pride in providing accurate and reliable information. We are always continuing to research and update our recommendations!
===> Click here to see our current top 5 recommended companies
See if Boston Bullion made our list this year by checking our updated list of top 5 precious metals investment companies above!
Or you can get a free precious metals investment kit from our #1 recommended company right now!
About Boston Bullion
Boston Bullion is a Massachusetts-based company that serves both local and national clientele. The business has a storefront where the owner conducts local business. Meanwhile, the website allows people to buy or sell their assets from farther away.
The company offers gold, silver, and other metals in a variety of different products. Rare coins are common. Platinum and palladium products are sometimes available, but more rarely than gold and silver.
You can easily sort between the gold and silver product categories on the website. The website displays prices for some products and not for others. The prices shown online are based on the market value of gold or silver on any particular day. The unpriced coins need a quote because they are rarer collectibles.
If you do choose to make a purchase through this website, you can use the online marketplace. It's possible to get your order put together before you speak to an employee. Once you've paid, the metals will be shipped to you. If you're local, you can also shop for precious metals in person at the storefront.
You will need to call the company to place your final order. At the time, you'll confirm your shipping details and the quantity of the metals that you want.
The company offers a variety of resources for people who want to know more about precious metals. They maintain a blog that comments on different factors affecting the precious metals marketplace. They also have an FAQ section and several resources explaining the value of precious metals.
For a small company with very few employees, the website is very well put together. It's easy to navigate and much more straightforward than a lot of the competition.
Selling Precious Metals
The easiest way to sell your precious metals using this service is by visiting the store in person. But if you're not in the Boston area, that might not be possible. You can still sell your bullion by following these steps:
The company also offers a straightforward chart of the gold and silver items they buy, along with information about the price they'll offer.
Company Reviews
When compared to other companies, Boston Bullion has just a handful of online reviews. But all of the customer feedback that the company has received has been glowing.
Boston Bullion is accredited with the Better Business Bureau and has an A+ rating. They also have 5 out of 5 stars, with every one of the eight reviewers giving the company perfect marks. There have been no complaints filed with the organization.
On Yelp, the company has eight reviews that also average out to 5 out of 5 stars. Everyone was exceptionally satisfied with their service. The Yelp page has been claimed by the company, indicating that they have an active online presence.
BBB Reviews
Eight people have reviewed the company through the Better Business Bureau, with none of them lodging complaints.
One reviewer said that this was the first company they had ever used to buy bullion. Their work schedule was so intense that the owner of the company made time to meet with them after hours. This occurred over a decade ago, and the customer has kept coming back ever since.
Another reviewer also said that she'd never bought bullion before. She was worried about being scammed or upsold. But several years ago, she chose this company and had her transaction handled as professionally as possible. Like the previous reviewer, she'd continued working with the company for over a decade.
There is a review stating that a customer needed to sell his father's old coin collection and distribute the profits for the estate. After comparing several buyers, he chose this company because of the straightforward pricing and honesty. The customer said he was very happy that he'd taken the time to find the right company.
Another reviewer said that he was anxious about working with a new gold dealer, but the company owner blew him away with his accessibility. The customer was given excellent educational tools and said he was very happy to have worked with this company.
The rest of the reviews consistently praised the openness and honesty of the company owner, Ken. One reviewer stated they've only had one issue in years of purchases, and the issue was quickly fixed.
Yelp Reviews
The Yelp reviews have similar praise for the company. One person said she always has quick transactions and gets fair prices. Another said he was able to sell his own bullion to the company and get cash for it at a good price. That makes the company a good choice for anyone who has high quality bullion to liquidate.
A few reviews mentioned that the owner of the company has pet tarantulas. Like with the BBB reviews, people say that Ken is honest and efficient in his work.
Another thing that customers praise is the straightforwardness of the owner. Instead of being given vague estimates and vaguer promises, Ken gives people a fair quote for their purchases and sales right away.
Several Yelp reviews assert that Boston Bullion is among the best precious metals dealers in the Boston area. As a large metropolitan city, there's a lot of competition!
Is Boston Bullion a Scam?
Boston Bullion is not a scam. This company is well-established in the Boston area, and there are many verified reviews through third party websites. In addition, the company holds a 5 out of 5 rating on Yelp and an A+ with the Better Business Bureau. No formal complaints have ever been lodged against it.
This is a relatively small company, as it seems to be run chiefly by the owner Ken. If you're looking for a more small business experience, that might appeal. Reviewers have repeatedly said that Ken is honest, friendly, and straightforward. He gives fair prices for both buying and selling.
Pros & Cons of Boston Bullion
Pros:
Cons:
Final Thoughts
Overall, Boston Bullion is a small company that manages to compete with the industry's bigger fish. Its biggest advantage is the owner, Ken, who cares about providing honest prices and straightforward access. He'll even pay cash if you want to liquidate your bullion in person.
The company mostly services clientele in Boston. It also might not have the retirement planning services that some industry competitors have. But if you want to buy or sell bullion quickly and at a fair price, this is among the most efficient options available in the Northeast.
Although we do think that Boston Bullion is a solid company, we believe that there are better companies out there to make your investment with.
Or you can get a free precious metals investment kit from our #1 recommended company right now!
Or, continue with Boston Bullion...