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BGASC Review: Pros, Cons, Fees, & More

Finding the right company can be challenging as you consider your options for investing in the precious metals market. With so many options and considerations, selecting among the best companies requires careful research and attention to detail.

You must find a reputable dealer that provides excellent customer service. It helps to check the Better Business Bureau and other consumer rating sites for customer satisfaction ratings. You also need to ensure the representatives will be there to guide you through the entire process.

BGASC offers a wide selection of high-value coins, but is it the best company to buy precious metals from? In this BGASC review, we give you all the comprehensive details so you can decide if this company suits your gold and silver coins investment needs.

At The Gold Information Network, we understand the importance of your financial choices and the trust you place in our insights. We conduct in-depth research on each company we review, evaluating its reviews, reputation, product offerings, fees, and history while meticulously comparing it with similar market products.

In a financial landscape where banks appear geared towards serving the wealthy, we hold reservations about these institutions, the monetary system, and politicians. We passionately advocate empowering individuals like you with greater control over their finances. We firmly believe that you should have the authority to shape your financial future independently, reducing your dependence on institutions and politicians.

The Gold Information Networks' Quick Summary & Opinion

We have been buying gold and silver bullion from BGASC for over 10 years and have always had a positive experience.

  • BGASC offers very competitive pricing on precious metals, with prices updating in real-time based on the spot market.
  • We appreciate their wide selection of gold, silver, platinum and palladium products from respected government and private mints worldwide.
  • Their website is well-designed and easy to navigate, making it simple to find the products we're looking for and place orders.
  • In our experience, BGASC has always shipped orders promptly and securely. We've never had any issues with lost or damaged packages.
  • Their customer service has been excellent in our interactions. They are friendly, knowledgeable and responsive to questions and concerns.
  • We like that BGASC is family-owned and has an extensive history in the precious metals industry dating back to the 1970s. This gives us confidence in their reputation and expertise.
  • Overall, we highly recommend BGASC for buying precious metals. In our opinion, they are a reliable and trustworthy dealer offering great prices and customer service.

What Is BGASC?

BGASC is an online precious metals dealer offering a wide selection of gold and silver coins and other precious metals. You can also find commemorative silver coins here because the company provides precious metals for both collectors and investors.

The company also offers a selection of precious metal bars and even copper bullets for collectors. Many people like this company because it provides competitive pricing to help people save money on their precious metals investments.

Who Owns & Runs This Precious Metals Dealer?

BGASC opened its doors in 2012. JM Bullion acquired the company in 2022 to broaden its impact on the precious metals industry. Thomas Fougerousse is the owner of BGASC and the current customer contact for the company.

BGASC Review: Customer Satisfaction & Complaints

If the company has an excellent customer service rating, you may consider working with them. If there are many complaints, it is time to look elsewhere to buy gold and silver.

We constantly check with the Better Business Bureau before scoping out other consumer rating sites. If you look at the About Page for BGASC, they say they are BBB accredited and have an A+ rating.

While this may have been true once, it no longer is because they are now not accredited and have an NR rating.

An NR rating can occur if there is insufficient information for the BBB to evaluate the business. It can also happen because the company is under review. We feel the latter is true in the case of BGASC.

BGASC has 4.5 stars out of five based on 32 customer reviews. Two complaints were closed in the last three years and one last year.

While there were multiple positive reviews, we feel the subject of the complaints is essential to examine.

  • Orders never arrived
  • Problems getting a refund
  • Received an empty box after ordering a gold bar

We could not find a company profile on Business Consumer Alliance, but we did find one on Trustpilot. The company has an excellent customer service rating of 4.8 out of five stars based on 7,744 customer reviews.

Around 87% of the reviews are five-star, though some complaints exist. Some of the complaint subjects include the following:

  1. Received an empty box (We have seen three complaints of customers receiving empty boxes.)
  2. Received scratched and blemished coins
  3. Damaged coins
  4. Unprofessional and rude customer service
  5. Improper coin cleaning
  6. Delayed shipments
  7. Payment problems
  8. Misrepresentation of goods sold
  9. Unreliable service
  10. Dented gold bars and broken packaging
  11. Unreasonable prices

The above complaint topics have us concerned about the services offered by BGASC. Although they claim to use a professional coin-grading service, customers receive damaged newly minted coins. This is a significant problem that needs to be corrected by BGASC right away.

Pros & Cons

Pros

Cons

Is BGASC a Scam?

BGASC is not a scam. As we always say, just because a company is not a scam does not mean they are a good company for your investment needs. You need industry professionals who will help you every step of the way.

Payment Processing

BGASC accepts plenty of payment options for buying gold bars or silver purchases. You can pay with the following methods:

  1. Credit card
  2. Debit card
  3. Bank wire transfer
  4. PayPal
  5. Cashier's check
  6. ACH
  7. eChecks
  8. Personal checks
  9. Money orders
  10. Crypto


Crypto purchases qualify for a 3% discount, while other payment types give you a 4% discount. Check the company's terms of service for updated information on BGASC's payment policy.

Shipping

BGASC appears to have overhauled its shipping policies because of customer complaints. They once only offered free shipping if you spent at least $5,000. Now, you can get free shipping if you spend at least $199.

If your order is less than $199, you will pay a flat rate of $7.99 for shipping. All orders ship with full insurance, and the company promises fast shipping.

The BGASC website states that most orders ship the next business day, but many customer complaints state there were long delays. Keeping your expectations realistic is essential. Your order time, day of the week, and season could impact the shipping process.

BGASC uses multiple shipping outlets, depending on the type and size of the order. Your order may be shipped via USPS, DHL, UPS, or FedEx.

Are There Alternatives to BGASC?

There are alternatives to BGASC. Before ever settling on a firm, we caution you to research. We have made things easier for our readers because we go through extensive research and produce highly detailed reviews on the best and worst precious metals companies in the industry.

Gold and Silver Coins: What Precious Metals Does BGASC Offer?

BGASC offers a wide range of gold and silver coins. They offer collectible coins and even statues. The following are some of the top choices on the BGASC website:

Gold Coins

  • Gold American Eagle Coins
  • Gold American Buffalo Coins
  • Gold Canadian Maple Leaf Coins
  • Gold South African Krugerrand


The company offers a wide selection of gold coins, many approved for precious metals IRAs. The company seems to offer competitive prices.

Silver Coins

  • Silver Armenian Noah's Ark Coins
  • Silver British Britannia Coins
  • Silver Austrian Philharmonic Coins
  • Silver Canadian Maple Leaf Coins


You can purchase physical precious metals for your private collection. If you decide to invest in a tax-advantaged IRA, you must store your gold in an approved depository.

Gold and silver coins are the ideal precious metals because they retain their value during high inflation. You should read their educational resources to help you make wise investments.

Platinum Coins

  • Platinum Australian Kangaroo Coins
  • Platinum American Eagle Coins
  • Platinum Canadian Maple Leaf Coins

Palladium Coins

  • Palladium Canadian Maple Leaf Coins
  • Palladium American Eagle Coins


Like most other dealers, BGASC offers more gold and silver purchases than platinum and palladium. These precious metals are harder to find in the industry.

The company also sells platinum, palladium, silver, and gold bars at competitive prices. They sell bars of a high level of purity. You can even buy a neat selection of junk silver.

The company promises fair prices, secure shipping, and a quick shipping time end to end. There is no minimum purchase requirement.

Copper Coins

  • Copper Merry Christmas Rounds
  • Copper Eagle Rounds
  • Copper Eagle Head Rounds
  • Copper Walking Liberty Round

BGASC FAQ

BGASC stands for “Buy Gold and Silver Coins.” This metals dealer sells a wide array of provident metals. The website is user-friendly, but we are not sure they offer the lowest prices in the industry. Know the spot price of metals before adding precious metals to your cart.

You can place an order with BGASC by adding items to your cart. When you buy gold and silver, you will need to ensure you select your precious metals carefully. Like most dealers in the precious metals market, BGASC accepts multiple payment options.

You can sell your precious metals to BGASC through their buyback program. They will quote you based on the current price in the precious metals market. They will buy gold and silver, even if you did not buy it from BGASC. It would be best if you use caution when accessing bullion trading sites.

BGASC does not offer precious metals storage. You will be responsible for ensuring your gold purchases and IRA purchases arrive at your chosen depository. We do not recommend snail mail delivery for your gold and silver coins.

Our Final Assessment: Is BGASC a Good Company for Your Investments?

Although BGASC offers competitive pricing and a wide selection of coins and bars, including commemorative coins, they appear to have failed many customers. You can purchase gold on the website 24/7 at the same competitive prices as when calling to buy gold and silver by phone.

We cannot recommend BGASC to our readers despite their fair silver prices. There are better places to buy silver bullion at reasonable prices.

If you choose the other company, we invite you to read our previous reviews. We are meticulous in our research of each silver dealer. Our dedicated team is determined to put the power of your financial future in your hands. We only recommend companies with good reviews and high standards of honesty and transparency.

We recognize the significance of your financial decisions and the trust you place in us. We've done extensive research, examining reviews, reputation, products, fees, and history, ensuring you receive accurate insights.

Amidst a financial landscape where banks often favor the wealthy, we believe it's time you take control.