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Gold has captivated humanity for millennia, and today, it’s catching our eye for a different reason.
In a world where our savings accounts feel less secure by the day, we’re looking at American Bullion as a potential fortress for our hard-earned wealth.
Our review cuts through the glitter to reveal if this company really is the financial guardian they claim to be.
Ready to see if your future could be paved with gold? Let’s find out!
About American Bullion
American Bullion began operations in 2009 when Nevtan Akcora and Orkan Ozkan founded it to enable retirement savers to invest in precious metals.
The company founders applied their deep commodity brokerage experience to develop a business that protects wealth through physical assets.
The founders’ first goal was to assist people in diversifying their investments to protect against financial instability.
The company specializes in Gold IRAs while maintaining its headquarters in Los Angeles, California to provide a distinctive way to protect retirement savings.
Existing 401(k)s and IRAs can be transformed into precious metals portfolios containing IRS-approved gold, silver, platinum, and palladium. Many people find that this strategy delivers enhanced protection during financial market instability.
The company focuses on direct bullion sales combined with efficient IRA rollover processes. American Bullion provides full support to make the process of moving from a traditional retirement account to a Gold IRA simple and easy.
They ensure your investments remain protected through its partnerships with secure storage facilities like Delaware Depository and Brinks Global Services.
As CEO Nevtan Akcora draws upon his prior roles as President and COO at Onstar Worldwide to propel the company’s operations forward.
The leadership of Nevtan Akcora with contributions from essential team members such as Erman Ebren, Director of Marketing who specializes in digital marketing has helped American Bullion establish its industry reputation.
American Bullion stands out as a prominent retirement investment option in precious metals because they prioritize transparency and client education.
American Bullion continues to lead the Gold IRA industry while earning and keeping client trust from its very beginning.
What Makes The Company Stand Out?
American Bullion demonstrates its industry strength through several defining features.
- This precious metals company holds a high ranking due to its substantial monthly transaction volume.
- Committed to professionalism and client support.
- The company has established a reputation for fast processing and expert handling of Gold IRAs.
- The company functions as an official dealer for the United States Mint and holds accreditation from the Royal Canadian Mint.
- The company holds active membership status in organizations such as the American Numismatic Association (ANA) and ICTA.
- The company holds the status of an authorized dealer for prominent grading services such as PCGS and NGC. This company demonstrates its industry credibility through these credentials.
Products Offered
You can choose from multiple precious metal investment choices through American Bullion. The company designs its products to fulfill investor requirements whether you want to start a Gold IRA or invest in physical bullion and rare coins.
Gold IRAs
A Gold IRA allows you to add IRS-approved gold coins and bars to your retirement funds. American Bullion facilitates your choice of appropriate investment products by offering options like Proof Gold American Eagle Coin, American Gold Buffalo Coin, or Austrian Philharmonic Gold Coin.
Apart from coins, you can select certified gold bars that feature premium options such as the PAMP Suisse Gold Bar.
Physical Bullion
American Bullion maintains a substantial portion of physical bullion items within its product line. The company provides gold and silver offerings which include products like American Eagle and Canadian Maple coins.
High-purity bullion seekers have the practical option of choosing certified bars like the PAMP Suisse Gold Bar.
Rare And Collectible Coins
Their inventory includes pre-1933 U.S. and European coins which provide historical and collectible value to rare coin enthusiasts.
Investors and collectors can benefit from these limited-edition coins which feature distinctive designs. The full range of products offers flexibility and high quality to IRA investors as well as coin collectors.
Services Offered
American Bullion offers numerous services that simplify precious metals investment with particular attention to retirement portfolio integration. These services assist both new and seasoned investors.
IRA Rollovers And Transfers
With their services, you can move funds from traditional retirement accounts to Self-Directed IRAs without complications through American Bullion.
As a leading entity in the Gold IRA market, the company’s team delivers a rollover service that maintains both tax and penalty-free status.
During the fund transfer process specialists walk you through each step while answering your questions and helping you avoid potential mistakes.
A direct transfer allows you to relocate either part of your entire existing IRA funds into a Self-Directed IRA that holds precious metals.
Experts at the company take care of all required documentation which results in your account being quickly and easily updated after you choose to make the transfer. Their professional guidance allows you to make informed decisions which boosts your confidence.
Precious Metals Storage
American Bullion provides secure precious metals storage solutions for your retirement accounts. They work together with top-tier storage facilities including Delaware Depository and STRATA Trust Company.
The top-tier security systems at these facilities maintain the highest safety standards to protect your investments. IRS-approved storage facilities protect your precious metals with segregated accounts that reassure you.
Each aspect from compliance to insurance receives careful management to keep depository assets secure and available.
Buyback Program
American Bullion makes liquidating your precious metals simple through their buyback program. This service allows you to sell your metals back to the company at market-competitive rates.
The program streamlines the liquidation of assets while eliminating the need for third-party brokers and complex processes.
For inventory rebalancing or liquidity requirements, the buyback program stands as a dependable solution. American Bullion delivers transparent pricing and market-aligned offers that guarantee fair value for your precious metals.
Direct Delivery
American Bullion allows customers to purchase physical gold and silver outside their retirement accounts through their direct delivery service.
The direct delivery service provides an ideal solution for those who wish to spread their investment across different assets or protect their liquid assets.
You can buy coins and bars which will be sent straight to your house or business using a simple transaction. Customers can select American Eagle coins or Swiss gold bars when they use this service which ensures secure delivery.
After receipt of the products, you gain total control over storage choices for your physical assets. The direct delivery option provides wealth management flexibility for both investment goals and portfolio diversification.
Fees And Pricing
Fee Type | Amount | Notes |
---|---|---|
Annual Maintenance Fee (Account value < $100,000) | $90 | Charged annually |
Annual Maintenance Fee (Account value > $100,000) | Up to $290 | Maximum annual fee |
One-time Setup Fee | Waived for new clients | Typically charged, but waived for new precious metals IRA accounts |
First Year Fees (New IRA Accounts) | $0 | Setup, maintenance, and storage fees waived for the first year |
Promotional Offer (Minimum $50,000 investment) | Free | Storage and custodian fees waived for the first year |
American Bullion presents fees that are both transparent and structured to ensure you understand your costs. The yearly maintenance fee will vary according to the total value of your account.
All accounts that hold under $100,000 will incur an annual fee of $90. When your account balance goes beyond $100,000 the fees become higher while the annual fee limit remains at $290.
American Bullion charges a one-time setup fee except for new clients who open a precious metals IRA. The setup fee along with the annual maintenance fee and storage fee for these new accounts will be covered within their first year. New investors who start their retirement savings benefit from this waiver because it reduces start-up costs.
American Bullion provides current promotions with free storage and custodian fees for one year when new investors meet the $50,000 minimum investment requirement. The setup guarantees a smooth and budget-friendly beginning for your transition process.
The fee structure creates affordability options through tiered pricing and temporary waivers specifically designed for new clients during their initial investment period.
Account Opening Process
To initiate an account opening with American Bullion, you begin by contacting them through their official website or by dialing their customer service number 1-800-465-3472.
A representative will guide you through the account opening steps whether you contact them online or by phone. You receive immediate answers to any questions you have.
You’ll need several key documents to proceed. Opening an account with American Bullion requires valid government-issued identification like a U.S. driver’s license or passport.
Proof of address documents such as utility bills or bank statements might be required. Submitting these required documents allows your account setup to progress smoothly without any unnecessary hold-ups.
Your next step after submitting documentation involves direct collaboration with American Bullion’s team. The team guides you through application processing and explains how to convert your current retirement accounts.
Their Gold IRA rollover expertise allows them to facilitate the transfer of your 401(k) or IRA balances into approved precious metals options.
They provide information about your precious metals storage options throughout the setup process. American Bullion collaborates with accredited facilities to maintain top-notch security standards and regulatory compliance. Their complete support system makes things easier while also giving you peace of mind.
Ratings And Reviews
Customer reviews found on independent platforms deliver essential insights when assessing American Bullion’s reputation. Customer reviews reveal the company’s areas of excellence alongside aspects that require improvement.
BBB (Better Business Bureau)
The Better Business Bureau has awarded American Bullion with an official accreditation and an ‘A’ rating. Multiple sources report an ‘A+’ rating but this may seem inconsistent.
Customer complaints mainly target pricing issues, including buyback rates, along with concerns regarding misrepresentation.
After resolving these problems American Bullion demonstrated its dedication to addressing customer concerns.
American Bullion has garnered 10 customer reviews which show an impressive average rating of 4.5 stars out of 5. BBB reviews present a balance between some customer dissatisfaction and regular resolution efforts.
Trustpilot
On Trustpilot, American Bullion shows strong performance by securing a 4.9-star rating from 216 customer reviews. Most customers commend American Bullion for its excellent customer service and efficient procedures.
Customers express high satisfaction levels despite some complaints about delivery times. Customer feedback indicates widespread appreciation for company transparency and professionalism yet negative experiences usually stem from issues outside the company’s management.
TrustLink
TrustLink has given American Bullion a 5-star rating based on 57 positive reviews. Clients frequently praise the company for its dependable service and clear transaction steps along with responsive support.
Unlike other platforms, TrustLink showcases minimal criticism. Consistently positive customer feedback demonstrates sustained trustworthiness and satisfaction across time.
Yelp
American Bullion has achieved a Yelp rating of 3.3 stars based on 21 reviews which demonstrates varied customer feedback.
Positive feedback about helpful customer support and secure transactions exists alongside accounts of delayed service and unmet expectations.
Despite having the lowest rating among the platforms discussed it still manages to deliver moderate client satisfaction.
Review patterns show that customers feel good about account creation and support but mainly complain about logistical issues.
Pros And Cons
The comprehensive assessment of American Bullion highlights its main strengths and weaknesses to help you make knowledgeable investment decisions. The following section presents a thorough analysis of both advantages and disadvantages.
Pros
- Wide selection of precious metals: American Bullion provides multiple precious metal choices for IRAs and direct purchases that include Gold, Silver, Platinum, and Palladium. You can diversify your investment portfolio effectively through this variety.
- Access to specialists: Dedicated specialists who specialize in precious metals and retirement planning will provide you with expert guidance. Expert guidance helps you make investment choices that match your financial objectives.
- Educational resources: The company offers a comprehensive knowledge hub with information on market trends and retirement strategies along with precious metal benefits. Their resources enable you to choose investments with knowledge.
- Special offers: Clients receive promotional benefits including waived IRA setup fees and complimentary storage during the first year. The initial phase of investing becomes more economical because of these benefits.
- Positive customer reviews: The company maintains excellent ratings across review sites such as Trustpilot and BBB. The company receives regular customer commendations for its efficient operations and professional service.
- Streamlined IRA process: The streamlined application and rollover processes from American Bullion allow investors to establish a Gold IRA quickly without any complexity. Their system reduces waiting times so you can relax and feel secure.
Cons
- Limited information on home storage: American Bullion has extensive information about secure storage facilities but gives minimal details on how to store precious metals at home. This unclear information can result in multiple unanswered questions for you.
- No upfront pricing: Precious metal prices and fee information remain undisclosed on their website. You need to contact a representative to receive quotes since these quotes may not be transparent.
- Potential for pushing products with lower resell values: Multiple customers reported their worries about receiving advice to buy products that could lose their resale value. This practice could impact long-term gains.
- Complaints about high-pressure sales tactics: Representative approaches described as aggressive in customer reviews often result in overwhelming experiences. These occurrences remain uncommon but they have the potential to impact your overall experience.
- Government action in Minnesota: Minnesota authorities took legal action against American Bullion because they operated without the necessary registration. Quick resolution of the issue highlighted potential regulatory compliance problems in certain states.
Alternatives To American Bullion
You must find out about different companies when selecting investment options for precious metals.
A number of respected companies compete in the market by providing Gold IRA services together with physical bullion and customized portfolio solutions.
American Bullion offers robust options yet Goldco alongside Augusta Precious Metals and Birch Gold Group can fulfill or exceed particular requirements.
Goldco
Goldco has led the industry since 2006 through its specialization in Gold and Silver IRAs. Goldco maintains top ratings demonstrating their superior customer service with an A+ rating from the BBB and an AAA from the BCA.
The company maintains transparent fees and attracts many investors through promotions that include offering free silver to qualified accounts. Clients who want assistance with rollovers receive a seamless transition process from Goldco.
Augusta Precious Metals
Augusta Precious Metals distinguishes itself through its emphasis on educational resources and transparent practices. Its customer-first approach has earned this company an A+ BBB rating alongside sustained 5-star reviews.
Their business model features non-pressuring sales strategies which prove beneficial for novice precious metals investors.
The minimum investment requirement of $50,000 at Augusta targets high-net-worth individuals in the same way as American Bullion.
Birch Gold Group
Birch Gold Group has made customer education a priority since starting its operations in 2003. This company provides multiple investment choices with options like gold, silver, platinum, and palladium IRAs.
Birch Gold maintains high ratings from BBB and ConsumerAffairs while earning recognition for its personalized consultations and clear IRA setup guidance. Prospective investors receive complimentary precious metals information kits from the company.
Frequently Asked Questions
Is American Bullion a legitimate company?
American Bullion maintains its legitimacy through the recognition it receives from the industry. They hold accreditation from the BBB and U.S. Mint listing status while being a member of recognized organizations such as the ANA and ICTA.
Does American Bullion offer secure storage for gold IRAs?
American Bullion works with top-tier storage facilities that have industry accreditation to ensure secure IRS-approved storage for precious metals investments.
Can I buy physical gold without adding it to an IRA?
American Bullion offers a direct delivery option for purchasing gold and silver bullion which can be held personally without restrictions to retirement accounts.
Can I sell back my precious metals to American Bullion?
American Bullion offers you the option to sell your precious metals through its buyback program which operates at competitive market rates to facilitate straightforward wealth management.
Is there a risk of losing my investments with American Bullion?
As with any investment, risks exist. American Bullion reduces potential risks through partnerships with IRS-compliant secure storage facilities while keeping clients informed about fees and regulations.
Conclusion
American Bullion provides an extensive platform for retirement portfolio diversification through precious metals.
Through its commitment to transparency and outstanding client service combined with industry accolades American Bullion establishes itself as a reliable choice for Gold IRA and bullion investments.
The company excels in providing a streamlined IRA process and diverse product offerings yet potential investors need to consider its disadvantages such as the substantial minimum investment requirement.
Analyzing your investment plan through alternatives such as Goldco or Augusta Precious Metals can help identify the most suitable option for you.
You will secure your financial future when you assess your goals and available choices carefully so you can make informed decisions.
PROS
- No setup fees for new accounts.
- Guaranteed buyback program at top market rates.
- Endorsed by celebrities Sean Hannity and Chuck Norris.
- Up to $10,000 in free silver for qualified investors.
- Over 6,000 five-star customer reviews across major platforms.
CONS
- A $25,000 minimum investment may deter smaller investors.
or
Kevin Clark stands as a prominent authority in financial markets, particularly focused on precious metals and gold IRA investments. His credentials include a prestigious Wharton MBA and CFP™ certification, which he leverages to assist investors with retirement portfolio strategies. His extensive background combines executive roles on Wall Street with valuable experience on WVDOT’s advisory team. You can find Clark’s expert analysis featured across major financial media outlets, and his bestselling book has helped numerous investors understand market dynamics. Through his engaging presentations and seminars, he breaks down sophisticated investment concepts into practical strategies, enabling you to make informed decisions about incorporating precious metals into your retirement planning. His approach emphasizes secure retirement solutions through strategic metal investments.