In today’s unpredictable economy, with changing markets and higher inflation, more traders choose gold and silver as safe investments.
These metals are known as “crisis commodities” because they provide security and help build wealth over time.
Investing in these metals is different from investing in the unpredictable stock market; it requires patience, a good understanding of the market, and strong will.
Located just a block from Times Square, the family-run Bullion Trading LLC has been a trusted name for generations and offers top-notch bullion.
In this Bullion Trading LLC review, I’ll examine its offerings in more Detail and provide clear information to help you decide if it is the right choice for your precious metals investment.
Bullion Trading LLC Overview
Bullion Trading LLC is a great place in New York City for people to buy and sell gold and silver. The leader, Yitz Kahan, comes from a family that has been in this business for a long time. They know a lot about precious metals and have a friendly shop near Times Square.
To me, this company is all about its family history. They’ve kept it going through the years. Now, they have a new spot near Times Square, which feels safe and welcoming. You don’t have to worry like you might with street vendors.
Yitz Kahan and his team are experts in gold and silver. I believe their deep knowledge and experience make them great guides for people who want to invest in these metals.
I love that the price you see on their website is what you pay, and there are no hidden fees. They try to have what they show online always available.
I respect that they tell you quickly if something is not in stock. They sell gold and silver but also buy it back, which shows me that they stand by what they sell.
Their location at 20 West 47th Street, New York, is where you can get honest prices and service. This makes them stand out to me in New York’s gold and silver market.
I find their hours, 8:30 a.m. to 4:00 p.m. Monday through Thursday and 8:30 a.m. to 1:00 p.m. Friday, very convenient. Whether you’re serious about investing or just curious, it’s easy to drop by.
Since starting in 2009, Bullion Trading LLC has become very trustworthy, which is something I feel strongly about.
Their top rating from the Better Business Bureau in 2023 tells me they’re excellent at what they do and kind to their customers.
From what I’ve seen, Yitz Kahan and his team have made Bullion Trading LLC a dependable spot for anyone interested in gold and silver in New York City.
Products Offered by Bullion Trading LLC
They’re all about good quality and ensuring their customers are happy and trusting. They have something for everyone, whether you’re looking to save on your investments or add something special to your collection.
Let’s check out what kinds of products Bullion Trading LLC has on its shelves!
Gold
They have a great selection of gold items perfect for people who like to collect or invest in gold. Their variety, which includes gold coins, bars, and very high-quality 24K Gold Casting Grain, is ideal for anyone wanting to make really nice gold jewelry.
When I checked each product they offer, all the important details, like its weight and price, were clearly shown. This made it super easy to pick what you’re looking for.
From what I can tell, their collection has gold in different sizes, from very small (10 grams) to quite large (500 grams), giving many options.
Some items that caught my attention include the 2024 Year of the Dragon 5g Gold Bar at $492.89, the fancy 1/2 oz PAMP Suisse Rosa Gold Bar at $1,397.57, and the popular 1 oz American Gold Eagle Coin for $2,581.14, which are all interesting to me.
I also like that they have the 1/4 oz Gold American Eagle Coin for $758.76 and the stunning 1 oz Gold Bar PAMP with the Legend of the Azure Dragon design priced at $2,644.04.
The 1 Oz Gold American Buffalo Coin and the 1 oz Canadian Gold Maple Leaf Coin, both featuring unique designs, seem like good investment choices, too.
What stands out to me is the 24K Gold Casting Grain they sell. It looks like the perfect material for jewelers who want to make all sorts of gold jewelry.
This gold is very pure and seems like it can be made into any jewelry piece. Whether someone enjoys making jewelry, is looking for a reliable investment, or has other projects involving gold, their 24K Gold Casting Grain is a top pick.
Silver
They offer a great silver collection that I think you’ll love. If you like coins, you can get the 2024 American Eagle Silver Coin in a 20-pack for $715.73. Their 10 oz silver bars for around $333.86 or $328.10 are a good deal for bigger items.
I believe you’ll enjoy the 1 oz and 5 oz Silver Bullets, which cost $52.99 and $221.54, respectively. They’re fun and different. The 1 oz PAMP Suisse Lady Fortuna Silver Bar, for $46.79, has a nice look and could bring good luck.
If you’re into coin collecting, they have a wide variety. You might like the 2020 Great Britain 1 oz Silver Britannia for $38.27.
The famous 1 oz Silver Krugerrand from South Africa for $38.40 and the peaceful 1 oz Canadian Maple Leaf Coin for $33.76 are also great. The 1 oz Somalia Silver Elephant Coin could also be a playful addition.
Creative folks think you’ll find Bullion Trading LLC’s silver grains really useful. These grains let you make beautiful silver jewelry or big items. Available in top-quality silver, they’re perfect for detailed, shiny creations that show off your skills.
By looking at their options, you’ll find beautiful things that are also smart money choices. Everything they have shown off silver’s lasting shine and worth, promising fun and a chance at growing in value.
Platinum and Palladium
Their Platinum and Palladium lineup includes beautifully minted coins, sleek bars, and specialized grains for custom platinum and palladium creations.
Collectors and investors can choose from an impressive array of coins, such as the 2021 Platinum American Eagle and the British Britannia, along with the distinctive 2022 Gibraltar Platinum Castle Coin. Each coin is crafted with attention to detail, offering a perfect blend of beauty and investment value.
They also provide a variety of bars for those who prefer a more straightforward investment, featuring 1 oz and 100 gram Platinum Bars from Valcambi, each verified with an assay to ensure purity and authenticity.
Their catalog is enriched with the 1 oz PAMP Suisse Platinum Bar, which showcases the beloved Lady Fortuna design, which marries elegance with security.
For jewelers and craftsmen, they offer Platinum and Palladium grains, like the 95.2% Pt./4.8% Ru mix, tailored for those wanting to create bespoke jewelry pieces. These grains give the freedom to achieve the platinum alloy needed for unique designs.
Every item in their collection is carefully selected to maintain high standards of quality and reliability. Click on any product for more information and to make your purchase directly.
Gift
They offer special gifts for all kinds of occasions. Look at their Religious Collection, which includes gold bars with beautiful designs.
They have the 5 Gram and 1 oz Gold Bars by PAMP Suisse, which show lovely pictures of Lakshmi and the Statue of Liberty. The prices are $495.77 and $23.41, respectively.
If you know someone who loves golf, they have a cool set of 1/2 oz Silver Golf Tees for $80.66, perfect to make their game a bit more special.
For people who like something different, they offer Silver Bullets. These come in several sizes, starting at $53.05 for 1 oz and going up to $10 oz, with the price to be announced.
As a unique addition to any collection or an interesting gift, there’s also the 2 oz Silver Bullet (.308) Box with 20 oz inside for $965.95 or single 2 oz Silver Bullets for $95.70 each.
How Does Bullion Trading LLC Help You Sell Your Precious Metals?
Bullion Trading LLC offers a straightforward and efficient way for individuals to sell your gold and silver bullion. Using technology and deep knowledge of the precious metals market, they provide sellers a unique and reliable platform.
Here’s a close look at how they help you sell your precious metals and why they are a great choice:
- Get a Quote or Lock in a Price: First, use the ‘Sell to Us Online’ feature to select the items you want to sell. If your items aren’t listed, you can easily contact them by email or phone. This step helps you get a fair price based on current market trends.
- Ship Your Products: After you set your price, they will email you clear instructions on how to mail your items. Following these instructions carefully will help make sure your precious metals arrive safely at their location. They aim to make this step as simple as possible for you.
- Receive Payment: Their team will carefully check each item once they receive your package. Once everything is approved, they will quickly send you your payment to complete the sale.
Why Choose Them for Selling Precious Metals?
They handle transactions worth millions of dollars each month, proving their strong presence in the precious metals market. This shows they are a reliable choice when you’re looking to sell.
They provide clear pricing on their website for most of their popular products. This transparency helps you know you’re getting a fair deal. They keep their prices updated, reflecting the latest market trends.
They offer UPS shipping labels to make sending your items easy. You can drop off your package at a UPS location or arrange for it to be picked up. This convenience shows their commitment to making the selling process easy for you.
Their innovative self-service buyback tool allows you to handle the selling process independently, anytime and from anywhere.
They support you by making sure you get paid quickly, usually within 1-3 business days after your items are verified.
In summary, they make selling gold and silver straightforward, secure, and beneficial. They combine clarity, simplicity, and efficiency, making them a reliable partner for anyone looking to sell precious metals.
Whether you want the independence of online transactions or the personal interaction of a phone call, they adjust their services to meet your needs while ensuring you get the best return on your precious metals.
Bullion Trading LLC’s AI Assistant: How Can it Help?
Bullion Trading LLC has created an AI Assistant that acts as a personal helper for anyone interested in precious metals like gold and silver.
If you’re buying for the first time or you’ve been investing for years, this AI Assistant is super handy. It keeps you updated with the latest product information, prices, and where your order is.
When you chat with it, the AI Assistant asks questions to understand what you’re looking for. This is great for beginners because it can initially feel a bit overwhelming.
Are you curious about the difference between coins and bars, or do you want to choose gold or silver? The AI is there to make things simpler for you.
I also like that Bullion Trading LLC doesn’t just hide behind a website. They have a real store in New York and clear ways to get in touch, which makes me feel more secure.
They’re upfront about the smallest and largest amounts you can order, and if you decide to sell your metals back, it’s straightforward with their guidance.
The AI gives pretty straightforward advice about gold IRAs: they might not be the best idea since they have extra fees and don’t grow like other investments.
To me, it sounds like Bullion Trading LLC really wants to make sure you know what’s up with your money and your metals.
Resource Center
Their Resource Center is a great place for learning about investing in precious metals. I think their Blog section is especially helpful for beginners and those who already invest.
Articles like “How Recent Geopolitical and Market Volatility Are Shaping Gold” show how big world events can change gold prices, making it easier to see when might be a good time to invest.
You’ll also find posts explaining how the value of gold stays pretty stable over time, which can be reassuring if you’re thinking about putting your money into gold.
I find it super useful that they break down the basics, like the number of grams in an ounce of gold. It’s important when you’re buying or selling.
Their blog also guides on which types of gold and silver are best for investing and gives first-time buyers tips on how to start.
They cover different bullion, like PMAP Sussie and Valcambi Suisse, to help you choose the right ones for your investment portfolio.
I think this is a smart way to get familiar with your options. Reading through these posts can give you the info you need to make smart choices about your investments, helping you protect and possibly increase your money.
Shipping Policy
I’ve learned that Bullion Trading LLC chooses FedEx for all their shipments, valuing safety and promptness.
For those making their first purchase with a credit card or in cases where there’s a suspicion of fraud, they’ve implemented a policy where the buyer is required to collect their order from the nearest FedEx location.
When they dispatch an order, they send out an email with a tracking number. This convenience lets anyone easily keep tabs on their shipment’s journey.
Impressively, they’re cautious about packing items in a way that doesn’t give away what’s inside, ensuring privacy and security for the buyer’s investment.
Bullion Trading LLC goes the extra mile by fully insuring each package until it reaches its destination. However, they clarify that their responsibility ends once FedEx confirms the package has been delivered.
It’s important to note that if one opts for FedEx to leave the package without a signature or with someone else, this could potentially void the insurance.
Their services are tailored for customers within the United States, emphasizing the need for precise billing and shipping details to prevent delivery mishaps.
They stand firm that they can’t be held accountable for delivery errors stemming from incorrect details provided by the buyer.
In the event of a package going missing while in transit, they have a straightforward approach to resolving such issues.
They’ll liaise with the insurance providers and decide whether it’s best to resend the goods or issue a refund, ensuring peace of mind for their customers.
A key piece of advice from them, and one I think is crucial, is that the insurance does not cover any damage or theft after FedEx has confirmed delivery.
They caution against instructing FedEx to leave packages without a signature or with another person. Such actions raise the risk of loss or theft, situations for which they’ve made clear they won’t be liable.
Payment Options
At Bullion Trading LLC, they provide various payment methods to give customers flexibility and ensure transactions are secure.
Here’s a straightforward look at the options available:
1. PayPal, Credit / Debit Cards
- Accepted Cards: They accept Visa, MasterCard, and Discover.
- Important: The address where the bill is sent and where the item is shipped must be the same. For your safety, they don’t store card information.
- Note: You can’t pick up items in-store if you buy them with a credit card or PayPal.
- PayPal: You can use PayPal for orders up to $5,000. Make sure your PayPal billing and shipping addresses are confirmed.
2. Bank Wire
- Who Can Use This: You can pay by bank wire if your order is over $1,000, but not more than $500,000 online.
- Savings: They take 4% off the price. You’ll need to pay a 10% deposit with a credit card, which will not be returned if you cancel.
- Time Limit: Payment through bank wire must be made within three days.
- Other Info: They can’t take money from banks outside the US. Also, the name on the order and the name of the person getting the delivery must match.
3. Checks
- Order Limits: From $1,000 up to $250,000.
- Discount: Paying by check gets you 4% off.
- Process: Your order might be delayed by 5–10 business days because checks take time to clear. They also ask for a 10% deposit by credit card, which they’ll return once they get and clear your full payment.
- Sending Checks: Send your check no later than two days after placing your order.
- Please Note: They do not accept money orders.
Important Points
- Payment Timing: You must send your payment within five business days to lock in the price you agree on. If you are late, they may charge a $30 fee.
- Cancellation Policy: If payment isn’t received in time, the company might cancel your order and charge you a fee.
- Bounced Checks: If your check doesn’t go through, you must send another one with an extra $30 fee.
- Security: You may be asked to prove who you are.
It’s important to choose the payment method that suits you best and understand all the related terms to avoid any surprises. Bullion Trading LLC is great at being transparent about its process, ensuring a safe and positive buying experience.
Cancellation Policy
Due to frequent price changes in the market, the company’s sales of gold, silver, platinum, and palladium are final. After you confirm your order, you agree to a binding contract that does not allow any changes or cancellations.
If you still choose to cancel your order after placing it, here’s what happens:
- If you paid through a check or wire transfer, they will keep the 10% deposit.
- If your payment was made using a credit card or PayPal, the company will refund you 80% of the purchase. They keep a 10% deposit and also deduct a 10% cancellation fee.
Return Policy
Bullion Trading LLC wants its customers to be confident in their purchases. That’s why they offer a straightforward return process:
- Time to Return: You have a week (7 days) after receiving your items to decide if you want to keep them.
- How to Return: Email them within seven business days at sales@bulliontradingllc.com to let them know you wish to return a product.
Keep in Mind
- Follow their instructions to send items back.
- Shipping fees you paid won’t be returned, and you’ll cover any shipping costs for sending items back.
- Returned items must meet their policy, or they may not accept them.
- They might just refund the money if you’re exchanging something and it’s not in stock.
- They can deny a return if it doesn’t fit the policy.
Remember, there’s a 10% restocking fee when you return something, and depending on the market, extra charges may apply.
If the value increases before a refund, they keep the difference. Email Bullion Trading LLC if you have questions or need to return an item. They’re committed to your satisfaction.
Customer Reviews and Ratings for Bullion Trading LLC
Bullion Trading LLC has great reviews and ratings from different websites, showing that people really like their service in selling precious metals.
- On Google, it has a very good score of 4.8 out of 5 from 119 reviews, which means most customers were very happy.
- The Better Business Bureau (BBB) gives them the top rating, A+, and one customer gave them a perfect score of 5 out of 5.
- They also have a good rating on Trustpilot, with 4.2 out of 5 from 6 reviews, showing that people from around the world appreciate their work.
- On Yelp, 18 people gave an average rating of 4.6 out of 5, which is also really good. These high ratings from different places show that Bullion Trading LLC is good at what it does, selling quality products and caring about its customers.
Most people like Bullion Trading LLC because it helps customers understand how to buy precious metals. Customers say the team, including Isaac Kahan, is very skilled at making buyers feel good about their purchases.
They are known for being trustworthy, even when it’s hard to find certain gold bars, like during the pandemic. People drive long distances just to buy from them and plan to keep coming back.
However, one reviewer wasn’t happy. This person felt the company’s service was very bad because the staff member was rude and hung up the phone quickly, which was very different from what others had said.
Pros and Cons of Bullion Trading LLC
It is key to understand Bullion Trading LLC’s pros and cons before you decide to invest with them. Looking at the benefits, like their expert advice and simple buying process, and the drawbacks, such as extra fees or the risk of prices changing quickly, helps you make a better choice.
Pros:
- Highly Rated by BBB: Bullion Trading LLC is very respected, which shows that it takes care of its customers well.
- Trustworthy Staff: Customers trust the people working at Bullion Trading LLC because they’re helpful and professional.
- Bonuses for New Customers: When you start trading with them, they give you special offers, making it more rewarding to choose them.
- Easy to Start: Setting up an account with them is straightforward and quick.
- Use on Many Devices: You can access and manage your account using different gadgets, making trading convenient.
Cons:
- High Minimum for IRAs: You need at least $25,000 to start an IRA with them, which might be too much for some people.
- Long Waits for Help: Sometimes, getting in touch with their customer service takes a long time, which can be annoying if you need quick answers.
- No Chat for Fast Questions: Their website doesn’t have a chat option, so you can’t get instant replies to your questions.
Keep in mind that putting your money into precious metals with a company like Bullion Trading LLC can be a wise way to spread out your investments.
Just make sure you understand what they offer and think about what you want to achieve with your money before you start.
Is Bullion Trading LLC a Legitimate Company?
Bullion Trading LLC is often mentioned when discussing whether businesses that trade in valuable metals like gold and silver are trustworthy.
I have seen that Bullion Trading LLC looks to be a genuine company. They’ve been around for quite some time, offering services to people looking to buy or sell precious metals.
Many people say good things about them, noting their openness and professionalism. However, no company is perfect, and some customers might be unhappy.
It’s very important for anyone thinking of doing business with them to look into the company further by checking out reviews and fully understanding any agreements before making deals.
In short, Bullion Trading LLC seems to be a real and reputable business in the world of precious metals, though personal experiences might differ. It’s always smart to do some homework and be careful when dealing with valuable items.
Conclusion
Bullion Trading LLC is a trusted and well-loved company that buys gold, silver, and other precious metals. They focus on helping their customers, making buying metals at good prices easy and safe.
Whether you’re new to investing in metals or have extensive experience, Bullion Trading LLC is a great choice because of its helpful advice and easy-to-use website. Even though investing in metals can be risky, this company does a lot to make it less worrisome.
If you’re considering adding metals to your investments, Bullion Trading LLC is worth considering because of its reliable and straightforward service.