With a focus on gold and silver bars and coins, UK-based Direct Bullion is a dealer of precious metals that serves individual investors and wealthy customers.
Their services and products are designed to assist investors and individuals in protecting their wealth through bullion.
If you are looking to invest as an expat or high-net-worth individual, which is what I specialize in, you can email me (advice@adamfayed.com) or WhatsApp (+44-7393-450-837).
This includes if you are looking for alternatives or a second opinion.
Some of the facts might change from the time of writing, and nothing written here is formal advice. So, potential investors shouldn’t invest or decide not to invest based on this Direct Bullion London review alone.
For updated guidance, please contact me.
Who owns Direct Bullion London?
Direct Bullion was co-founded by Paul Withers, who currently serves as the chief executive officer.
Since its rollout in October 2014, the business has built a notable track record for offering specialized precious metals investment services.
Is Direct Bullion legit?
Yes, it is recognized as a valid enterprise within the precious metals sector.
It has won various awards, including being named the top bullion dealer in the UK for several years, and delivers orders worth hundreds of millions of pounds.
The business places a strong emphasis on customer service, safe delivery, and a money-back guarantee.
Regarding storage, they provide site inspections, part exchanges, custom designs, and fast installations that take three working days to a week throughout the UK.
Direct Bullion Products
- Gold Bars: These are well-liked options for investors seeking large investments and come in a variety of weights.
- Gold Coins: These can be attractive to investors and collectors alike, and they come in both graded and loose forms.
- Pension Gold: Direct Bullion encourages adding gold to pension funds through Self-Invested Personal Pensions (SIPPs) or Small Self Administered Scheme (SSAS). Investors can make lump sum payments or convert existing pension plans to gold to increase their pension.
- Silver Bullion: Direct Bullion offers silver coins and bars, much like gold, giving investors interested in precious metals another choice.
How to Invest with Direct Bullion
Prices and specifications are provided for options; you can see the full list of products on their page.
Decide which gold or silver coins or bars, such as the American Eagle and South African Krugerrand coins, you want to buy by looking through the available choices.
You can usually finish the purchase straight from the website after you’ve chosen your items and are prepared to finalize your transaction. Calling them is another option.
The items you acquire are delivered free of charge and fully covered with insurance.
Direct Bullion UK Tax
Direct Bullion’s gold bullion are not subject to value-added tax (VAT) for customers in the UK.
VAT is payable on silver bullion coins and bars at 20%.
Direct Bullion Pros and Cons
Advantages
- The firm is known as one of the top dealers of precious metals.
- They provide various gold and silver investment options, such as coins and bars.
- Prices are transparent on their site.
- Direct Bullion offers storage services through the provision and installation of premium vaults and safes.
Disadvantages
- For investors looking for consistent income sources from their investments, the lack of dividends and passive income from physical gold investments may be a disadvantage.
- True, gold is frequently seen as a stable asset. However, there can be large swings in its price that have a detrimental effect on short-term investments.
- Secure storage presents challenges for investors. There may be extra expenses involved in keeping a safe environment for keeping physical gold.
- Customers can sell their gold or other precious metals back to Direct Bullion London when necessary thanks to the company’s buy-back policy. Regardless, the buyback price might be less than the original acquisition/investment cost.
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