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What is BGASC? – A quick deal or just a scam?

May 23, 2018 by Pete 6 Comments

This is a short review of a company called BGASC (Buy Gold And Silver Coins). What is BGASC? Can you rely on them with your savings? Do they ship all over the world? Let’s find out!

What is BGASC

Product: Precious metals.

Website: www.bgasc.com

Owner: Thomas Martin (President)

Price: Depends on your investment.

Who is it for: Precious metals collectors.

Overall rating: 3 out of 5 stars (3 / 5)



read about BGASC before move forwardImportant to mention before we continue with the review:

We always strongly recommend doing your research online before you choose a company to invest with. There are so many reviews online of clients being ripped off and scammed, especially when it comes to so-called “hidden fees”. So please investigate thoroughly before you make your decision.

**To see our #1 safe and recommended IRA custodian click here

With that being said, let´s continue with the review!



What is BGASC – Overview

BGASC is a company based in Calabasas, California, and was started by Martin, Victoria, and Thomas out of their mutual interest in coin collecting. The website www.BGASC.com was founded in 2012. BGASC is an abbreviation that stands for “Buy Gold and Silver Coins”. As the name implies they sell gold and silver coins.

How does it work?

  1. Find the products you are looking for by browsing their website.
  2. Add to cart.
  3. Select payment method (Credit/debit card, Paypal, Bank Wire or Paper Checks)
  4. Go to checkout.
  5. Wait for the products to arrive at your doorstep.

The products and services offered

  • Gold and silver bars and coins in different forms.

BGASC only ships to addresses within the United States. However, there is an exception that they do not ship to the state of Minnesota due to a Minnesota state law regulating the sales of bullion coins.

BGASC offers free shipping when the order reaches a value of $5,000 or more and the package is insured while in transit.

BGASC has a 3-day Return Policy if you change your mind.

free shipping services

You can also sell your gold and silver to BGASC.

sell your silver and gold

What about the fees?

BGASC is not a real gold ira custodian, therefore there is no info on the fees in this section.


How is the support?

BGASC offers standard support. You can reach them either by phone during office hours or email. BGASC claims to have a dedicated customer servicer team that does their best to answer their customer’s needs.

There is also a Quick Contact Form on the website. If you fill it out a representative will contact you with an answer.


Are there any red flags? any red flag about BGASC

You should always review and compare different investment companies against each other before you make a final decision.

Below I have listed the most trusted and well-known review and rating sites online to see what score they have given BGASC as this is a good indication of how good the particular company performs and treat their clients:

BBBBBB Rating

Score: A+

BCA

Score: Not listed.

Trustpilottrustpilot reviewed BGASC

Score: 5 out of 5 stars (5 / 5) (3,146 reviews)

Yelp 

Score: Not listed.

Ripoff ReportBGASC no listing on ripoff report

Score: 3 ripoff reports found. (May 2018)


Is BGASC A Scam?

No BGASC is not a scam. It is a legit company that operates as a precious metals dealer and seems to have a good thing going for them. There are some bad reviews online but also a lot of good ones claiming that they are happy with their purchases online.


Are there better alternatives out there?

YES! There are a few ones I would consider better alternatives, the absolute best one I can recommend is; GOLDCO

Goldco offers precious metals, and Gold IRA to its clients with expert support. They have been in business for nearly a decade and received great reviews from their customers and gotten great scores on different online review and rating sites. It is easy to get started by going to their website where you find all the information you need to get going.

Click here to check out my review of GOLDCO!


The goodthe good

  • A+ rating on BBB

The badthe bad

  • 3 reports on the RipoffReport
  • Only 3-day return policy
  • Do not offer IRAs

Do you own or represent BGASC

Are you an owner or representative of BGASC and have found something in this review to not be correct then please reach out to us and we will update the review. You can do that simply by leaving a comment below the review in the comment section or by dropping us an e-mail at contact@goldretired.com.


Final words and verdict

Verdict: Legit

Overall rating: 3 out of 5 stars (3 / 5)

BGASC is a precious metal dealer doing their best to keep their clients happy with fast delivery and fair prices. They offer a wide variety of coins and bars for those who are interested in historical metals items. Both investors and collectors can be the clients for this kind of company.

So would I recommend this company to everyone?

Well, since they only deliver inside the US that pretty much limits the options for international investors. So it is recommended for anyone living in the US (except the state of Minnesota).

Also, I would say this company fits the people who know what metals they are looking for and just wants a fast way to purchase the items on their wishing list. The company provides a quick way for clients to get what they need and has a nice website that works pretty fast.

That pretty much sums up this review of BGASC and I hope you make a decision based on what your own gut is telling you about the company.

Maybe BGASC was not the right gold dealer for you?

If you are still looking for a company that really sets the standards when it comes to selling gold click on the link below! 

Check out my # 1 recommended IRA company here!


I hope you found this review on what BGASC is to be helpful and that you found it interesting. Please, make sure to share your experience with us if you have any in the comment section below as it can help others. Also, if you have any questions about this review we will be more than happy to answer them below!

Please, if you think this review can help others make sure to share it by using the share buttons below! (Facebook, Twitter, etc)

I wish you the best life has to offer!

Pete,

Writer, investor, and, team member of Gold Retired.

Filed Under: Pete Tagged With: ABOUT BGASC, BGASC GOLD REVIEW, Buy Gold And Silver Coins, gold review, What is BGASC

Comments

  1. C. Rogers says

    July 31, 2019 at 3:08 pm

    Which company would you recommend for just buying some 1 oz. silver coins/rounds and 1 to 5 ounce
    silver bars as a hedge or economic crisis. (Up to $10,000+)

    Thank you,

    C. Rogers

    Reply
    • admin says

      August 2, 2019 at 2:35 pm

      First of all, thank you for your comment,

      There are different alternatives, Goldbroker might be a good chooice for smaller buys, and Bullionstar is benefitial when it comes to silver, they are both listed on our top 5 dealer list, look on our top 5 list and compare: https://goldretired.com/best-online-investing-site-for-beginners-experienced-gold

      Hope that helps and please feel free to come back and tell us what route you take,

      thank you again for your comment,

      /Sincerely

      Reply
  2. Danny Estridge says

    July 27, 2021 at 10:09 pm

    I just wanted to buy between 1to2 oz. of Gold. Everytime I try to buy about half way thru I start getting oriential writing, it’s no longer English. I don’t know how to read oriential. I can’t complete the purchase because of this. I’ve bought from you guys in the past this way. I used to like working with you guys, but now, what did I do wrong? I prefer doing the credit card for safety reasons, however I can do a wire transfer if you’d like, you’ll just have to teach me. I don’t know your routing number, I can do all this from the bank if it’s cool.

    I just need your help to buy your Gold. if not, there’s a couple of places I can try. Mu last resort is buying from the Gold stores her in Albuquerque. I trust you guys more than them. CAN YOU HELP? it’d be nice if you could guide me as I have bought any Gold in 4-5 years and might need help. Especially with the oriental writing. Thanx, Danny Estridge

    Reply
    • admin says

      August 7, 2021 at 11:19 pm

      First of all, thank you for your comment.

      Again, we are not BGASC, I suggest you go to their website and tell them about your problems you have with them.

      Our top-5 recommended gold & silver dealers are on this page: https://goldretired.com/best-gold-ira-companies-top-5-list-additional-resources

      Thank you again,

      /Sincerely

      Reply
  3. Danny Estridge says

    July 27, 2021 at 10:17 pm

    It just to be easy to buy from you guys, I know there’s other places I could buy, but I started with you and figured I stay with you unless you don’t want to sell to me. I’d prefer you guys, but we aren’t married at the hip either and can explore who else sells Gold.

    Thanx & Sincerely,
    Danny Estridge

    Reply
    • admin says

      August 7, 2021 at 11:17 pm

      Hi there, thank you for your comment.

      Just to make sure you understand, we are not BGASC, this is a website about gold investing and we review different companies, here is our top-5 list if you might want to compare different alternatives against eachother, I would strongly recommend that: https://goldretired.com/best-gold-ira-companies-top-5-list-additional-resources

      Hope that helps!

      Thank you again, sincerely

      Reply

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