Provident Metals vs BGASC: A Comparative Guide

When pitting Provident Metals against BGASC for your precious metal investment needs, details matter. This provident metals vs bgasc comparison sheds light on distinct differences in their offerings, pricing, and customer care, arming you with the facts you need to make an informed choice.

Key Takeaways

Provident Metals Overview

Patriot Gold Group

Provident Metals has made a name for itself in the precious metals industry with a unique selection of assets and competitive prices. Since its acquisition by JM Bullion in August 2019, Provident Metals has undergone enhancements to its e-commerce and order fulfillment capabilities, enriching its user experience for those seeking to make precious metal investments. Even after the acquisition, Provident Metals maintains its independent operation, preserving its reputation as a unique American precious metals exchange.

The company’s emphasis on precious and tangible assets sets it apart in the precious metals market. As a leading precious metals retailer, Provident Metals not only provides popular items such as gold and silver bullion but also showcases a unique collection of precious metal products, including those from a mark precious metals. Whether you’re a seasoned investor or a novice collector, the diverse portfolio of Provident Metals has something to catch your eye.

Provident Metals’ commitment to competitive pricing also stands out. Thanks to its acquisition by JM Bullion, the online retailer can offer prices that are hard to beat. This balance of unique product offerings and competitive prices makes Provident Metals an attractive choice for those looking to dive into the precious metals market.

BGASC Overview

Known for its reliability, BGASC (Buy Gold and Silver Coins) commands respect in the precious metals sector. Established in 2012, the company has built a reputation for its wide range of gold and silver products, competitive pricing, and dedication to customer satisfaction.

BGASC’s diverse product selection caters to the varied needs of its customers. With gold and silver coins, bars, and rounds on offer, the company caters to both investors and collectors alike. Their competitive silver prices and bulk discounts on many of their products further set them apart from other precious metals retailers.

Beyond competitive pricing, BGASC offers the following benefits:

These factors make BGASC a compelling choice for those interested in purchasing gold and silver products.

Product Selection: Provident Metals vs BGASC

Patriot Gold Group

Both Provident Metals and BGASC present a wide range of product choices, catering to the diverse needs of their customers. Some of the products offered by both dealers include:

These options cater to the diverse preferences and investment goals of their clientele, helping them build a well-rounded investment portfolio.

Unique Offerings

Provident Metals is particularly noted for its unique offerings, especially collectible numismatic coins and specialized silver products. For instance, the company offers high relief gold and silver coins, uncirculated burnished Silver Eagles, and 90% junk silver coins. These rare items, not commonly found in the inventories of other dealers, cater to collectors seeking to add unique pieces to their portfolios, including gold coins.

In addition to these collectibles, Provident Metals also places a clear focus on unique silver products. Their silver bullion products include:

These products feature innovative designs that appeal to both collectors and investors. Provident Metals also offers copper bullion products, providing a wider variety of precious metal investments for their customers.

Bullion Coins and Bars

Patriot Gold Group

Conversely, BGASC provides a more conventional selection of precious metal assets. Their product line includes a wide array of gold and silver items, including 24kt Gold Bullion Bars and a variety of silver products in various sizes. Whether you’re an investor looking for large bars or a collector seeking smaller coins, BGASC has something to cater to your needs.

Both Provident Metals and BGASC offer a variety of bullion coins and bars. Provident Metals stands out for its bulk purchase discounts, making it an attractive choice for investors looking to buy in larger quantities. BGASC also holds its ground with its diverse selection of bullion coins and bars, catering to the diverse needs of precious metals investors.

Pricing and Fees: Provident Metals vs BGASC

Pricing holds significant weight in the precious metals market. Provident Metals is known for its competitive spot prices and clear pricing. With the backing of JM Bullion, Provident Metals’ pricing strategy offers a compelling value proposition for those looking to make precious metal investments.

Conversely, BGASC remains competitive by offering real-time pricing information on their website. This transparency in their pricing structure allows customers to make informed decisions, ensuring they get the best value for their money.

When comparing the gold and silver prices offered by both dealers, BGASC often emerges with lower prices, positioning them as a highly competitive option in the market. For instance, the current spot price for silver at Provident Metals is $23.84 per ounce, and the spot price for gold is $2,052.52 per ounce, demonstrating their market competitiveness.

Customer Service and User Experience

Both Provident Metals and BGASC place high importance on customer service, each adopting different approaches. Provident Metals provides customer service through their FAQ and Policies pages, as well as phone support via a toll-free number. Their focus is on providing clear and comprehensive information to assist customers in navigating their platform and making purchase decisions.

Conversely, BGASC boasts a dedicated customer service team that assists with:

Their approach is more hands-on, ensuring customers receive comprehensive support at every step of their buying journey.

While Provident Metals has received mixed feedback regarding their customer service, BGASC has been commended in customer reviews for their effective customer service and competitive pricing. Additionally, BGASC’s range of payment options, including bank wire, ACH/eCheck, and major credit cards, enhances the customer’s buying experience by providing convenience and flexibility.

Shipping and Packaging Policies

Patriot Gold Group

Provident Metals and BGASC adopt different strategies concerning their shipping and packaging policies. Provident Metals applies a shipping fee of $7.99 for orders under $199 and offers free shipping for orders over this amount. They also mandate a signature upon delivery for high-value orders, adding an additional layer of security.

BGASC, in contrast, requires a signature for deliveries exceeding $1,000, ensuring the safe delivery of high-value orders. Both companies take measures to ensure the safety of their shipped products, with Provident Metals implementing various precautions during the packaging process and BGASC using inconspicuous packaging to secure the precious metals during transport.

Reputation and Trustworthiness

Patriot Gold Group

Reputation and trustworthiness are vital in the precious metals market. Both Provident Metals and BGASC enjoy sound reputations – the former recognized for its unique offerings and competitive prices while the latter has earned an A+ rating from the BBB and positive Trustpilot reviews.

Despite some unfavorable customer feedback on Trustpilot, Provident Metals maintains its standing with its distinctive product offerings and competitive pricing. On the other hand, BGASC’s strong reputation for reliability and customer satisfaction, along with its A+ BBB rating, position it as a trustworthy option for precious metals transactions.

Additional Services and Features

Apart from their primary products, both Provident Metals and BGASC offer extra services and features complementing their value propositions. Provident Metals, for instance, stands out for its unique collectibles and competitive prices. Their focus on distinctive product offerings, coupled with their competitive pricing, presents a compelling choice for those looking to invest in precious metals.

BGASC, on the other hand, provides a wider product range, precious metals IRAs, and a buyback program. Their precious metals IRAs offer an alternative investment option that allows individuals to diversify their portfolio with precious metal assets. This, along with their competitive pricing and diverse product range, makes BGASC a compelling choice for those interested in purchasing gold and silver products.

Both Provident Metals and BGASC offer buyback programs, allowing customers to sell their precious metals back to the company. This feature provides an exit strategy for investors, ensuring they can liquidate their assets when needed.


In conclusion, both Provident Metals and BGASC offer compelling advantages for those looking to invest in precious metals. Provident Metals stands out with its unique collectibles and competitive prices, while BGASC offers a wider product range and additional financial services such as precious metals IRAs.

Ultimately, the decision between Provident Metals and BGASC depends on your specific needs and investment goals. Whether you’re a seasoned investor or a novice collector, both dealers offer a range of products and services that can help you navigate the precious metals market with confidence.

Frequently Asked Questions

Is Bgasc reputable?

Yes, BGASC is considered a reputable dealer in the precious metals industry, offering a positive purchasing experience, knowledgeable assistance, and competitive prices.

Are provident metals and JM Bullion the same company?

No, JM Bullion and Provident Metals are not the same company. JM Bullion is a leading e-commerce retailer of precious metals and operates several separately branded websites targeting specific niches within the market.

Who bought Bgasc?

A-Mark/JM Bullion finalized the acquisition of BGASC.

Who owns Provident Metals?

JM Bullion acquired Provident Metals in August 2019.

What unique offerings does Provident Metals provide?

Provident Metals offers a diverse selection of products, including unique collectible coins and specialty silver items, making it a great choice for collectors and investors in the market for something distinctive.