BullionStar Auctions: Wrapping Up Round 1

We’re pleased to report that our first auction has successfully concluded, with all items paid for, stored in vault, collected or ready to be collected.

Round 2 and 3 are ongoing, check out the latest auction lots here. For a quick introduction, you can also watch our Auctions Introductory Video.

Highlights from Round 1:

The response from our customers was enthusiastic – a clear sign that there’s been a pent-up demand for an auction platform like this. Over 3,000 bids were placed, and it seems this number is climbing with each round of auctions. The precious metals community has certainly shown us they were ready for something new, and BullionStar Auctions appears to be the answer they were waiting for.

Our first round saw bullion investors eyeing opportunities to pick up gold and silver bullion at prices close to spot. For instance, 100 oz silver bars went for just 1.2% above spot, while a lot featuring a 1kg silver and 100g gold bar closed at a modest 1.7% above spot. All in all, it looks like we’ve created a new way for savvy investors to add precious metals to their portfolios at a very competitive premium!

Collectors also had their moment. One lucky winner walked away with a 2010 1 kg Mexican Silver Proof Libertad for a whopping 81% below its retail price! Also, a 2021 Gold Krugerrand Proof 6 Coin Set totalling 1.92 oz of gold found a new home at 51% below retail!

It’s safe to say that BullionStar Auctions is proving to be a bit of a treasure trove for both bullion investors and collectors alike.

An Auction Platform with a Few Perks: 

We’ve tried to keep things simple, efficient, and fun for our bidders – because let’s face it, who wants to make an auction feel like a chore? Here are some features we think you’ll appreciate:

• Transparent yet Anonymous Bidding:

  Every bid is linked to an anonymous account number. You get transparency without sacrificing your privacy.

• Autobid:

  Set a maximum bid, sit back, and relax. Our system will handle the rest, so there’s no need for frantic refreshes or staying glued to your screen.

• Precious Metal Bundles:

  We’ve put together some special bundles offering larger lots or unique combinations of items, giving bidders the chance to win gold and silver at great prices.

• Wide Selection:

  Whether you’re after a rare collectible like the 2021 Gold Krugerrand Proof 6 Coin Set (1/50 oz, 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz & 1 oz – Total 1.92 oz), or looking to bulk up your bullion stack with a Monster Box of American Silver Maples (500 x 1 oz coins – Total 500 oz), we’ve got you covered.

• Convenient Dashboard:

  Our “My Auctions” dashboard lets you keep track of everything in one place with real-time updates and an easy-to-use interface.

• Live Notifications:

  We’ll keep you in the loop via email and SMS if you’re outbid or if time is running out on your watched items. Oh, and you’ll know right away when you’ve won too!

• Guaranteed Authenticity:

  Every item is 100% guaranteed by BullionStar, so you can rest assured that what you’re bidding on is the real deal.

Whether you’re a seasoned bidder or a newcomer testing the waters, BullionStar Auctions offers a great way to get your hands on precious metals at competitive prices. As we move into future rounds with more and more items lined up, we’re curious (and a little excited) to see what response the upcoming auctions will bring!

For more information, check out our written help guide, or video guide. You can also find answers to the most frequently asked questions here.