FAQs

Purchasing precious metals is now easier than ever and can be done in the comfort and privacy of your own home. We offer gold, silver, platinum, and other precious metals. Just give us a call and an Account Executive will discuss your goals, preferences and a comfortable amount for you to purchase with. At that time, they can propose a portfolio which will determine the types of coins that fit your objectives. All that we ask is that you understand that the Account Executive is not a financial advisor. They will simply ask a few questions and point you to the type of numismatic or bullion that might be right for you.

There are typically three types of physical gold you can invest in:

1. Gold Bullion: Any gold that continues to be minted to this day and has no rarity to it. The price is based purely on the gold content.
2. Rare Gold: Any gold coin that is no longer be minted or that is still minted but in low supply. Also known as numismatic or certified gold.
3. Proof Gold: Coins specially struck for collectors and special occasions and are not meant for circulation. Proof does not indicate a grade, but rather a designation for coins that have been struck, usually as preproduction samples.

Absolutely! It will involve a qualified third party such as a bank to actually hold the coins in a separate IRA account in your name. We are happy to walk you through the paperwork and, if applicable, contact your current IRA institution to expedite processing.

Absolutely. Gold and silver are liquid and universally accepted in just about every major city in the world. We believe that gold and silver provide one with protection by the form of divisibility and control over divisibility.

All orders placed, no matter how large or small, have a grace period of 48 hours to fund the account. Any orders not funded within 48 hours are subject to a re-adjustment in the price based on the spot price of precious metals. There are exceptions to the 48 hour grace period, so please contact your Account Executive if you fail to meet the desired time period.

Within California: Sales tax is not required if you invest $1000 or more for bullion or for purchases for numismatic coins in any amount. Outside California: Sales tax is not required for the purchase of either bullion or numismatic coins purchases. Please Note: We are not tax advisors and encourage you to first contact your accountant to determine your tax liability, if any.

For all orders there is a flat fee for express shipping and insurance for the total purchase value. There are no other fees.

Beverly Hills Precious Metals Exchange is not required to report our sales transactions to the IRS or any other federal, state or local agencies unless you fall under the Form 8300 requirement. Please first contact your accountant to determine your reporting requirements, if any.

You will have to pay taxes if you hold gold as an investment and later sell it at a profit with either a long-term or short-term taxable gain, just as you would with any other investment.

We offer two payment methods you can use to fund your purchase: bank wire (most common) and check. Please let your Account Executive know if you wish to fund via bank wire so they can notify our financial department of the transaction. (Ask your Account Executive about qualifying orders that waives wire fees). We accept major credit cards as a third payment option, but for only orders up to $5000 USD.

Yes. We hold all certified checks and cashier’s checks for 1-10 banking days. Personal checks will be held for 5-10 banking days regardless of when they clear prior to shipping. Direct bank wire is always recommended.

Once the order is completely funded, your precious metals are sent from our inventory vaults to our shipping vaults under your Trade Ticket. Your precious metals are then sent with a tracking number via e-mail or phone. All shipments require a signature, so please track your order and plan to be there when the package arrives. From the time your order is placed, the process can take anywhere from 3-15 days for the precious metals to arrive in your hand. Once it arrives, we strongly suggest immediate storage of your precious metals.

Beverly Hills Precious Metals Exchange does not offer loans/leveraged accounts or ETFs. We are a dealer of numismatics and bullion. In other words, we are in the business of of getting physical metal into your hands, liquidating your metal for cash, or exchanging metal for metal. If you are interested this service, we suggest that you talk to your certified financial planner.

Most investors store their Gold locally in either a bank deposit box or a safe inside their home or business. If for any reason you do not wish to be bothered with storing your own Gold or are looking to be actively trading in and out of the market over the phone, we can set up a Gold Storage Account for you.