American Bullion Review
Protect Your Wealth By Diversifying In Precious Metals! Investing in precious metals through an IRA can be a wise decision if you want to make sure that your money keeps its value over time or if you’re going to hedge against inflation and the possibility of global financial instability.
American Bullion Review, Gold IRA, Complaints, Fees & More
The “Resources” section of American Bullion’s website offers a wide range of information on precious metal investment subjects. In addition, the company provides several free investment guides, including one on precious metals and another on Precious Metals IRAs.
American Bullion (Precious Metals IRAs) is an investment firm based in Los Angeles, California. From 2009 onwards, the company has focused on delivering bullion goods that can be held in precious metals IRAs or included in portfolios. In addition, American Bullion’s partnership with STRATA Trust Company enables clients to establish self-directed IRAs. www.americanbullion.com
The American Bullion Company’s inventory consists of a variety of IRA-approved coins and bars. In addition, numismatic coins for collectors are available. Silver, gold, palladium, and platinum products are all listed in the American Bullion catalog.
Furthermore, American Bullion’s website provides a wealth of information about precious metals investing through its “Resources” section. In addition, the firm provides several free investment guides, including one on precious metals and one on Precious Metals IRAs.
American Bullion Reviews and Complaints
We’ve compiled a variety of American Bullion ratings and complaints from respected consumer reporting and rating agencies’ sites. Click on the links provided to learn more about the evaluations.
You can find a variety of American Bullion ratings and complaints from trusted consumer reporting and rating agencies’ sites below. Just click on the links provided to learn more about the reviews.
- BBB Complaints: 1 complaint closed in the last 3 years
- BCA Complaints: 1 complaint closed in last 3 years
- Trustpilot: 194 reviews
- TrustLink: 57 reviews
American Bullion Owner
Nevtan Akcora founded American Bullion in 2009 and currently holds the position of company president. He has a background as a commodities market trader.
American Bullion Custodians and Storage Options
American Bullion has a collaborative alliance with STRATA Trust Company.
American Bullion stores precious metals purchased through the Delaware Depository. The company’s Wilmington, Delaware facility contains Class 3 vaults and sophisticated security procedures. According to the company, the following is true:
All-risk insurance is provided through Lloyd’s of London to Delaware Depository, a well-known IRS-approved site. American Bullion uses inventory control and reporting systems, dedicated security staff, and 24-hour video recording of all activity. You can view your investment at any time, and the location is distant from major political and financial centres to minimise risk.”
American Bullion has a preferred partnership with STRATA Trust Company.
American Bullion Fees
In addition, the firm has enticed prospective clients by offering one year of free storage and no custodial account fees—if you invest, rollover, or transfer at least $50,000 into your new Gold IRA account, you will not be charged custodial account fees.
American Bullion has exclusively partnered with STRATA Trust Company for custodial services.
The STRATA trust Company provides services to the real estate and financial industries.
There is a $50 account setup charge.
A $95 annual account maintenance fee is charged.
$150 for precious metals storage in a segregated account/$100 for non-segregated precious metals storage.
Furthermore, Gold IRA is incentivizing prospective customers with an offer of free storage and no custodial account fees for one year—with the caveat that you must invest, rollover, or transfer a minimum of $50,000 into your new Gold IRA account.
American Bullion Services
Despite this, American Bullion’s website states that gold, silver, palladium, and platinum coins and bars are all available items. Customers must contact the company directly for inventory and pricing information.
Before purchasing anything, familiarize yourself with the different types of IRA-eligible coins (for example, bullion, proof, and uncirculated coins are all different).
American Bullion’s inventory largely caters to investment products that may be held in self-directed IRAs. The firm also advertises that it carries ‘all U.S. and European Pre-1933 coins,’ so numismatic coins that would be of interest to collectors are also available.
Despite that American Bullion doesn’t provide an online catalog of its available products, gold, silver, palladium, and platinum coins and bars are all listed as available items on the company’s website. Customers must directly contact the company for inventory and pricing information.
American Bullion IRA-Approved Gold Bullion
- Gold American Eagle
- American Gold Buffalo
- Gold Canadian Maple Leaf
- Additionally, gold bars are also available in the American Bullion inventory.
- PAMP Suisse Gold Bar
- UBS Gold Bar
- Credit Suisse Gold Bar
IRA-Approved Silver Bullion Coins
- Silver Austrian Philharmonic
- Silver Canadian Maple Leaf
- Silver American Eagle
- Additionally, silver bars are also available in the inventory.
- PAMP Suisse Silver Bar
- Johnson Matthey Silver Bar
IRA-Approved Platinum Bullion Coins
- Platinum American Eagle
- Platinum Canadian Maple Leaf
- There is also one available platinum bar in the catalog.
- PAMP Suisse Platinum Bar
What Is the difference Premium Coins vs Standard Bullion Coins
It’s a bit overwhelming to choose from among so many IRS-compliant coins, but before you make any decisions about which coins to hold in your gold IRA, you must understand the difference between premium coins and standard bullion coins.
Investors may find the selection of IRS-compatible coins to be a bit overwhelming. The difference between premium coins and standard bullion coins, however, is vitally important before making any decisions about which coins to include in your gold IRA.
Premium Coins
Premium coins, despite having the same purity as standard bullion coins, are usually sold at a markup (sometimes as much as 25%) by numerous businesses. Because premium coins are part of a limited circulation series created by specific mints, this is why premium coins are regarded as semi-numismatic.
Standard Bullion Coins
A comparison chart is provided below to help you grasp the variety of coins available.
Choosing a standard bullion coin such as the Canadian Maple Leaf, the Austrian Philharmonic, or the American Eagle is a smart investment if you want the most gold for your money. These coins are 99.99% pure but are not part of any collectible series with limited circulation, so they are sold at a much lower price point. Investing in standard bullion coins may be a component of a diversified retirement strategy.
A better understanding of the available coin types is provided in the chart below.
How To Get Started?
After American Bullion’s precious metals specialists review the application, they contact the prospective client once STRATA Trust Company has approved it.
American Bullion’s preferred IRA custodian, STRATA Trust Company, provides a simple sign-up process. The company’s website provides a link to a PDF for STRATA’s IRA Custodial Account Application, which can be easily filled out.
After STRATA Trust Company has reviewed the application, an American Bullion precious metals specialist contacts the prospective client once the application has been approved.
American Bullion Educational Resources
The provided resources in American Bullion’s “Resources” section are plentiful and supply a wide variety of information on precious metals investment subjects. There are extensive educational resources, including an on-line Gold IRA education guide, retirement planning guides, an FAQ section, and a Gold IRA blog.
American Bullion FAQs
Once you have learned about American Bullion’s services, you may still have a few queries. The most frequently asked questions are listed below.
Q: Is American Bullion Accredited with the Better Business Bureau?
A: American Bullion is authorized by the BBB and has a superb BBB rating. Yes, American Bullion has an A+ rating with the BBB.
Q: Who is American Bullion?
A: American Bullion helps investors save for retirement by providing a variety of investment options, including precious metal IRAs.
American Bullion provides precious metal investment options to help investors saving for retirement reach their goals sooner. Through precious metal IRAs, investors can utilize investment vehicles to reach their retirement saving targets sooner.
Q: Does American Bullion Certified and Graded?
All coins are certified and graded, no matter which IRA company you decide on. Certification and grading are critical when choosing an IRA company. By ensuring that your retirement precious metals are certified and graded, you can ensure that they are genuine. We advise avoiding IRA providers that do not offer certified and graded coins. This should be a fundamental part of any reputable IRA provider.
Q: Minimum I can Invest with American Bullion?
A: To get started with American Bullion, a $50,000 minimum investment is required. You will not be charged any fees for the first year. The majority of clients are satisfied with the products and services they receive and choose to remain with the company.
Q: Setup Through American Bullion?
A: Despite the fact that the IRS does not favor this practice, we believe you should know it is not illegal. An IRA account should not be opened using a corporate umbrella. The majority of traditional Precious Metal IRA companies either don’t specialize in or will not perform LLC setups. If you want to operate an LLC or LLC for your retirement investing, a self-directed IRA firm is your best option.
Despite the IRS’s disapproval of this practice, we believe you should be aware that it is not illegal. Although traditional corporations that offer Precious Metal IRAs either don’t specialize in them or don’t provide LLC setups, the IRS does not want an IRA account to be opened using a corporate umbrella. If you want to invest your retirement using a Limited Liability Company or LLC, your best choice is a self-directed IRA firm.
Q: What are Precious Metals?
A: People usually consider gold to be the most precious metal when they think of precious metals. However, there are also silver, palladium, and platinum metals, in addition to gold.
When the common person contemplates precious metals, their first instinct is usually gold. Although gold is a precious metal, silver, palladium, and platinum are also included.
American Bullion Review
It takes only five to seven business days to process an IRA rollover with American Bullion. Everything can be handled over the phone, which makes the process quicker and more convenient. To determine whether American Bullion is a trustworthy company in the sector, consult the impressive list of affiliations available on its official website.
American Bullion is an expert for Gold IRAs. The process of rolling over your IRA is not only complicated but requires a significant amount of documentation. Even the slightest error can result in tax issues, lost money, and a lot of frustration and stress. American Bullion understands the rollover process so you can be sure that every phase is completed properly. The company also guarantees that clients are cared for properly.
It takes only five to seven business days to process an IRA rollover with American Bullion. Everything can be done on the phone, which makes the process faster and more convenient. American Bullion is a reputable business within the industry, and you can tell simply by looking at the impressive list of affiliations available on the official website.
Summary?
American Bullion may be an excellent choice for future retirees investing in Gold IRA, as the company does not have an online inventory list. Furthermore, the customer service is quick and will respond to your questions correctly because they only hire gold IRA specialists. In addition to serving as an IRA department to handle rollover transactions, the company has a designated IRA department.
The American Bullion Review has been established to inform its readers about all existing gold IRA portfolios. The firm ensures customer satisfaction by working with the best data storage and custody companies. Delaware Depository, a world-renowned institution, is partnered with the company to offer state-of-the-art storage facilities and total protection.
American Bullion may be an excellent option for future retirees investing in Gold IRA since the company does not have an online catalog of available inventory. Lastly, the customer service is quick and will answer your questions accurately because they only employ gold IRA experts. An IRA department has been created to handle all rollover transactions.
The Next Step
Protect Your Wealth By Diversifying In Precious Metals! Investing in precious metals through an IRA can be a wise decision if you want to make sure that your money keeps its value over time or if you’re going to hedge against inflation and the possibility of global financial instability.