The bullion dealer offers bullion gold and silver at competitive prices. And provides storage facilities and secure shipping. They are also affiliated with Questrade which allows investors to hold their bullion in pension and savings accounts directly through Atlantic Gold and Silver.

Through these accounts, investors can buy and sell their bullion without any tax implications. They can also hold cash if they feel prices are too high and wish to wait for better entry levels. And while you invest in a TFSA or RRSP your money grows tax-free.

Atlantic Gold and Silver Centre Customer Reviews

The bullion dealer is not currently accredited by the Better Business Bureau and doesn’t have a large social media presence. However, what we have found from online customer reviews shows a general level of high satisfaction from their clientele. 

• Yably: Customer Rating From 21 Reviews (Details)
• Google Reviews: Customer Rating From 19 Reviews (Details)
• Facebook: 254 Likes (Details)

Atlantic Gold and Silver Centre Management & History

They do not currently publish any information about their management team. However, the founder and president of Atlantic Gold and Silver is David Ford, who has a degree in electronic engineering from The University of Sheffield.

Atlantic Gold and Silver Pricing

Their cheapest gold 1 oz coin is the Royal Canadian Mint Maple pre-2022. At the time of writing the mar-up over spot price was equal to 6.9%. which is well priced considering many bullion dealers carry a markup of 10%.

Their cheapest 1 oz gold bar, Asahi Gold Bar, showed a markup of 6%. Those are the markups for 1 gold coin.  Silver prices showed a higher markup, and silver markups are usually higher. However, their cheapest silver coin had a markup of 34% for 500 plus price. Our advice is always to call when making considerable purchases to get the best price. 

Discounts

Discounts for most 1 oz gold items start at 10 plus items, further discounts apply on some products for orders of 25 plus. Discounts vary according to the item. For example, the Royal Canadian Mint 1 oz Gold Maple Leaf showed a discount of $10 per coin for orders of 10 plus. While orders for 25 plus carried a discount of $20.

Silver items also carry discounts that start at 25 plus coins or rounds and continue with 100 and 500 plus items. Each step in quantity is equal to a 10 cents discount compared to the previous price level. So, 25 plus items get you a discount of 10 cents and 500 plus orders get you a discount of 30 cents. 

Atlantic Gold and Silver Products & Services

The Atlantic Gold and Silver Centre has a somewhat limited assortment of gold items. However, for an investor of pure gold, the items on offer will most likely be satisfactory. Investors looking for more specific coins or rounds with numismatic value are unlikely to find what they are looking for.

On the other hand, their silver offering is quite large and includes a wide choice of coins and rounds as well as collectible items. For those looking to diversify their precious metals holding, this bullion dealer does not offer platinum or palladium. 

Gold

Atlantic Gold and Silver offers 6 gold coins from 1 oz to 1 gram. To cater to as many buyers as possible they also offer 1/4, ½, and 1/10th oz coins. If you are looking to hold gold outside a registered account, they also have ¼ oz and 1/10 oz Hexabar rounds.

In gold bars, they currently list 7 items. Gold ingots have the following sizes:

• 1 Ounce
• 5 Ounces
• 10 Ounces
• 1 Kg

The collection covers enough variety in size with some notable products from the Perth Mint and Royal Canadian Mint. 

Silver

Silver investors have a wide range of products of coins and bars to choose from. With classical coins such as the Canadian 1 oz Maple Leaf, American Silver Eagle, or the Austrian Silver Philharmonic to mention a few.

The bullion dealer also lists a large assortment of silver ingots. They currently offer 10 silver bars with the following weights:

• 1 Ounce
• 5 Ounces
• 10 Ounces
• 100 Ounces

For those looking for collectible coins and items, they have a varied catalog of coins and rounds. Be sure to check their website from time to time as the availability of their products changes.

Storage

The Atlantic Gold and Silver Centre offers three solutions for storage requirements. Each one has a slightly different connotation to meet different customer needs. The bullion dealer offers these storage solutions:

• Vault Accounts
• Metal Lease Contracts
• Secure Storage Accounts

Vault Accounts

These accounts allow you to buy into gold or silver investments without taking physical delivery. When you make your purchase using this type of account you do not specifically choose the items. The idea behind this service is to allow smaller investors to periodically invest in gold even if they cannot afford to invest 1 ounce at a time.

Investors that do not wish to buy 1/10th oz of gold, for example, at a time can buy that amount on a Vault Account. For somebody looking to make multiple purchases, it would allow them to save on shipping costs. Those costs can be used instead to buy more gold, and once they have reached the required size they can ask to cash in and have the precious metal shipped it is their choice.

Metal Lease Contracts

Metal Lease Contracts have been suspended as of writing due to the high demand. The bullion dealer allows its customers to buy gold and silver which are then kept at one of the store locations or at the dealer’s Ontario storage facility.

In return for not taking delivery investors are rewarded with interest ranging from 1 percent to 2.5 percent. The interest paid depends on whether you lock in the contract for one or three years. The reason the bullion dealer took this initiative is to guarantee stocks of supplies for its business.  

Secure Storage Account

Atlantic Gold and Silver offers the facilities of the International Depository Services Group for you to hold your precious metals in a high-security environment. The storage facility is located in Mississauga, Ontario and the dealer also uses this facility for its day-to-day logistics.

The facility is modern, secure, insured, and ready to receive, store, and ship your precious metals as and when required. The IDS can offer the following services for your storage account:

• Segregated Storage Accounts
• Internal Account Transfers and External Shipments Worldwide
• Inventory Control, Account Reporting, and Audit Assistance
• Automated Account Activity Statements

As the storage service you contract for your gold and silver is through a precious metals dealer, they can offer you discounted fees when compared to an individual investor. The fee table shows the current charges for storage. 

Retirement & Savings Accounts

As mentioned above, Atlantic Gold and Silver can offer a variety of retirement and savings accounts for you to hold your gold and silver. The accounts on offer through Questrade include:

• RRSP – Registered Retirement Savings Plan
• TFSA – Tax-Free Savings Account
• RIF – Retirement Income Fund
• RESP – Registered Education Savings Plan
• LIRA – Locked-In Retirement Account
• LIF – Life Income Fund

The process is fairly straightforward, you open an account with Questrade, and send money to the account, once the funds arrive you can use that cash to buy gold and silver. The whole service is made in Canada, as your storage provider will be the International Depository Services through their facility in Mississauga, Ontario. 

All purchases are made in US dollars using the Questrade current foreign exchange rate. There are no charges for buying or selling your precious metals. You will have a 1 percent storage and insurance fee per annum. 

Shipping

Shipping is free for orders over $5,000 and packages are dispatched within one business day from receipt of payment. For smaller orders dispatches are made once a week, on Tuesday or Wednesday. Also, shipments are never sent on a Friday to avoid packages idling over the weekend. As it increases the chance of theft.

All shipments are sent via Canada Post, UPS, or FedEx. All packages are shipped with insurance by Lloyds of London. Below is the shipping fee table from Atlantic Gold and Silver:

Selling Your Precious Metals

You can also sell your precious metals to Atlantic Gold and Silver. They also publish their buying prices on their website. Although for any items you have for sale you must always call to get the best price. 

The bullion dealer also accepts gold jewelry and silverware. However, they do not take items that are gold plated, cufflinks, or unrefined nuggets. They claim to have the best rates around, and from what we have seen of the prices on their website they are also competitive when buying back.

Do We Recommend Atlantic Gold and Silver Centre for Your Next Gold Purchase?

Overall, we recommend The Atlantic Gold and Silver Centre. The bullion dealer offers all the necessary services a precious metal investor may need. Storage is of the highest quality in terms of security and record keeping, price mark-ups over spot are very competitive as are their buy-back rates.

The company has a high rating on social media and is even available through an online chat on its website. 

Through their affiliation with Questrade, they can offer an all-in-one solution for precious metals investors looking to take advantage of a registered account. You can head over to Questrade to select and open your account. 

Atlantic Gold and Silver Centre Headquarters & Store Location

The Atlantic Gold and Silver Centre stores are located at the following address:

RIVERVIEW, NB LOCATION

• The Atlantic Gold & Silver Centre
• Unit D – 26 Trites Road
• Riverview, NB E1B 2V6
• Toll-Free: 1 866.720.9651
• Office: 1 506.387.4890/6241

BEDFORD, NS LOCATION

• The Atlantic Gold & Silver Centre
• Suite 103 – 30 Damascus Road
• Bedford, NS B4A 0C1
• Toll-Free: 1 866.720.9651
• Office: 1 902.832.9893/5022