American Bullion Review 2022

If you are looking forward to investing in precious metals, there are many companies to choose from, but American Bullion has been a leader in the industry for many years. And they remain one of the most trusted precious metals dealers in the United States today. However, the question remains, is American Bullion safe? Is it reputable? What makes it different from other companies? You are set to find the answers to your various questions in this American Bullion review. Let’s get started!

What Exactly Is American Bullion All About?

American Bullion is a top-tier precious metals investment company that specializes in converting your existing IRA,401(k), or another qualified retirement plan to gold or other precious metals. When it comes to IRA Precious Metal rollovers, American Bullion is a well-known name. The company is based in Los Angeles, California, and its catalog includes gold, silver, palladium, and platinum products. American Bullion stocks all pre-1933 US and European coins, as well as modern gold and silver bullion in the full range of coin and bar products. They also have a large selection of platinum and palladium bars and coins to meet any need you may have.

The firm focuses on offering customers bullion products that can be added to portfolios or held in Precious Metals IRAs. American Bullion specializes in advising investors on how to convert current retirement products, such as 401ks and IRAs, into gold, silver, and other precious metals. For those who are prepared to start saving for retirement and have an interest in investing in gold and silver, the company is also excellent at setting up new retirement accounts.

Additionally, they specialize in delivering a wide selection of physical precious metals products to investors’ doors securely and safely.

How American Bullion Started

Two seasoned precious metals traders, Nevtan Akcora and Orkan Ozkan founded American Bullion in 2009. These two traders have many years of commodity trading experience. The first and most reliable company to add precious metals to your retirement account is American Bullion. When the firm first began, agreements were made with STRATA Trust Company and Delaware Depository Services for storage and custodian services. And also to begin the conversion from paper asset IRAs to physical asset IRAs.

During the first few months, the organization attracted several customers, and the phrase “gold IRA” made headlines. The firm was a forerunner of the gold IRA. Only in 2010 did several additional gold IRA businesses emerge that provided the same services. The company had the most IRA accounts for precious metals in 2011. As Bitcoin became more prevalent, the business began accepting payments in that currency in 2013, becoming the first gold IRA company to do so.

Since the company’s inception, they have received numerous honors and awards. As a company of precious metals IRAs, American Bullion rolls over paper IRA accounts, including 401(k) and other retirement accounts, into gold IRA accounts. Depending on the market, investors have a wide variety of products to choose from. You can select from American and European coins, some of which date back to before 1933 and others that are more recent. You will definitely find coins and bars that fit your needs and budget.

In addition to the well-known gold and silver products, the company also offers bars and coins made of platinum and palladium. Right now, the company manages assets worth several million from investors in the US and Canada.

American Bullion Management Team

Before doing business with any company, it’s important to research their management team and staff. Knowing the qualified brains behind the scene of any investment firm fosters clients’ peace of mind. Because they now understand that their hard-earned money is in safe hands.

American Bullion was founded as a result of a business partnership between Nevtan Akcora and Orkan Ozkan. Nevtan Akcora has been the company’s CEO since its inception. He has managed this position for over ten years. Nevtan was the President of Onstar Worldwide before they founded American Bullion. He had also worked as a senior executive at several trading firms in the United States. We have no doubts that he has the necessary experience to effectively expand the company and also attract more clients.

Erman Ebren occupies the position of marketing director. Ebren has a wealth of experience in digital marketing under his belt. He has worked for the company for almost ten years in different digital marketing-related roles. He started as a systems engineer for Siemens and the organization is one of the best IRA companies in America. Eben held several positions within the marketing division before becoming the director of marketing. His abilities and tenacity are responsible for the company’s rapid expansion.

The Professional Operations Department and designated IRA Department at American Bullion take great pride in providing excellent customer service. Every employee is dedicated to making sure that the customer is happy with every aspect of the transaction. American Bullion is available to help, whether you want to buy gold coins, gold bullion, or roll over to a gold IRA.

Can I Trust American Bullion? ( Their Verified Accreditations)

When it comes to adding precious metals to your retirement account, American Bullion is a recognized pioneer and market leader. It is a trustworthy company that you can feel confident doing business with.

American Bullion provides all the required services from a company of precious metal IRAs and investments in gold, such as account setups and rollovers, sales of IRS-approved precious metals, including gold, and high-security safe storage.

New investors who want to convert their existing IRA,401(k), or another qualified retirement plan to gold or other precious metals can consider American Bullion as a great option. For investors and collectors interested in rare bullion coins, the company is a fantastic choice.

The firm has an incredible series of accreditations, including:

• Dealer listed by the United States Mint.
• Certified Bullion DNA Dealer with the Royal Canadian Mint
• Verified American Numismatic Association member (ANA).
• Certified member of the Industry Council for Tangible Assets (ICTA).
• Professional Coin Grading Service certified member and authorized dealer (PCGS).
• National Guaranty Corporation certified member and authorized dealer (NGC).

How Secure Is My Investment With American Bullion? ( Their Storage And Custodian Services)

American Bullion partnered with the STRATA trust company and the Delaware Depository to provide storage and custodian services. Your precious metals are stored and kept safe by these depository firms. These two well-known depository firms provide excellent security features for the protection of your precious metals. They are covered by insurance, so you can rest assured that you have nothing to lose or worry about.

It may interest you to know that Delaware Depository is an IRS-approved, reputable site that is covered by a $1 billion all-risk insurance policy through Lloyd’s of London. Modern inventory control and reporting systems, a committed security staff, and round-the-clock video surveillance are all utilized at this location. To reduce risk, the location is far from important political and financial complexes and you can physically see your investment at any time.

Both STRATA and Delaware Depository charge extremely fair fees. By doing business with American Bullion, you can store gold or precious metals for free for the first year. Hence, there are no fees for the first year of your investment with American bullion. And this is also one of the fantastic things about doing business with American bullion. The company allows you to buy gold or precious metals not planned for an IRA and store them at home. All items can be sent straightly to your door by American Bullion upon demand. Although some investors have complained that it takes longer to get their gold delivered to them.

It might not be a good idea to store your gold at home. However, some investors feel that keeping gold in your home is the best way to protect your portfolio from other types of investments. And to make sure you are protected from any government schemes to seize gold from investors. The Delaware Depository offers appointments for visits if you’ve ever wanted to see your gold there.

American Bullion Products And Their Approved Gold And Other Precious Metals

The majority of the investment products in American Bullion’s inventory can be held in self-directed IRAs. All pre-1933 US and European coins are kept in stock by American Bullion, along with modern gold and silver bullion in the full range of coin and bar products. They also have a large selection of platinum and palladium bars and coins too.

However, the products that are offered by American Bullion are not listed in an online catalog. But, the company’s website does explicitly state that coins and bars made of gold, silver, palladium, and platinum are all available products. For more details, prospective clients must speak with the company directly.

Here are some of the approved IRA product

Approved Gold-IRA Bullions and Coins

• American Eagle Gold Coin
• Canadian Maple Leaf Gold Coin
• American Buffalo Gold Coin
• Austrian Philharmonic Gold Coin
• PAMP Suisse Gold Bar
• American Eagle Gold Proof Coins

Approved Silver-IRA Bullions and Coins

• American Eagle Silver Coins
• Canadian Silver Maple Leaf Coins
• Austrian Philharmonic Silver Coins
• PAMP Suisse Silver Bars
• Johnson Matthey Silver Bars

IRA-Approved Platinum Bullion and Coins

• American Platinum Eagle Coins
• PAMP Suisse Platinum bars
• Canadian Maple Leaf Platinum Coins
• Proof Platinum American Eagle Coins

 IRA-Approved Palladium Bullion and Coins

• Canadian Maple Leaf Palladium Coins
• PAMP Suisse Palladium Bars

American Bullion Pricing and Fees

In terms of all fees and pricing, American Bullion is relatively affordable. Your annual fee, storage fees, and administrative fees are all waived for the first year for new customers. This means, the first year’s fees are on the company and you don’t have to pay a penny. American Bullion does this to attract new clients to the firm,  enable them to see the benefits of a precious metals IRA and choose to follow through with their investment plan with them. There are really few companies that give such incentives to their new clients.

After the first year, you will definitely have to pay the required fees for the subsequent years of investment. Old customers get to pay an annual fee of  $75 for investment accounts under $10000. While the annual fee for an investment account over $10000 is $150. And for all accounts, the total fees, including storage fees, come to $290. Please note that $50,000 is the minimum investment required to get started with American Bullion.

How Can I Sign Up For An Account With The American Bullion Company?

American Bullion offers a simple and smooth sign-up process through its preferred IRA custodian, STRATA Trust Company. The company’s website includes a link to a PDF of STRATA’s IRA Custodial Account Application, which can be easily completed by customers.

The application is then reviewed by one of American Bullion’s precious metals experts, who then get in touch with the prospective client once it has been approved by STRATA Trust Company.

How Fast Can I Rollover My IRA At American Bullion?

Your IRA rollover process is not only difficult but also time-consuming. Even the smallest errors can lead to tax problems, financial losses, and a great deal of stress and annoyance. But you can be sure that every step will be carried out properly because American Bullion experts thoroughly understand the rollover procedure. So you have nothing to worry about. The company also makes sure that its customers receive the proper care and guidance that they need.

In most cases, your IRA rollover can be completed in five to seven business days. This is quick for this type of processing, and everything can be done over the phone. This simplifies and accelerates the process.

What Makes American Bullion Different From Other Companies?

When it comes to fees, American Bullion is on par with the majority of other companies in the industry. The difference is that you do not have to pay any fees for the first year. This is a great opportunity for you to interact with the company, learn more about what they have to offer, and ultimately determine whether they are the right fit for you. We don’t think the company would give this kind of promo if they weren’t pretty sure you’d decide to stay after the first year and do business with them.

American Bullion also allows you to invest in precious metals that are traded outside of North America, which is a noteworthy advantage. Many investors in precious metals are keen to buy metals from all over the world, including Europe. To meet the objectives of almost every type of investor, the company offers a wide range of products. American Bullion will fully explain the procedure and assist you at every step of the way if you are new to retirement investments.

America Bullion Review – Customer’s Reviews and Ratings

The company hosts numerous positive customer reviews which serve as a pointer to the fact that American Bullion performs excellently well.

The company has received several favorable reviews on TrustLink. The majority of reviews are positive, with clients praising the company’s excellent customer service, constant communication, and straightforward investment process. Based on 57 reviews and complaints, it has a current rating of 5 stars on this platform.

Based on 194 reviews, the company has received 4.4 stars out of a possible 5 stars on Trustpilot. They have a AAA rating on Business Consumer Alliance as well, which is the highest rating that BCA can bestow. And this was based on eight reviews, all of which were positive. The business is rated A by the Better Business Bureau (BBB).

The company only has a few negative reviews out of all the feedback. On Yelp, these reviews tend to be less positive. Based on 18 reviews, Yelp gave it 3.5 stars. Most of them expressed dissatisfaction with the gold’s slow delivery.

American Bullion Free Educative Resources To Aid Client’s Understanding

On their website, American Bullion has extensive educational Resources sections with a wealth of information on topics related to investing in precious metals. A comprehensive online guide to Gold IRAs, online investment guides, online retirement planning guides, a FAQ section, and a Gold IRA blog are just a few of the many educational resources available.

American Bullion Review – Pros and Cons

Pros

• They have a track record of success and offer very quick delivery.
• Industry reliability
• Each month, they deliver silver and gold worth millions of dollars.
• They provide 100% full service and 100% professionalism.
• They have such a reasonable annual fee.
• A comprehensive section of educational resources
• A large variety of coins are readily available
• Prompt and professional customer service
• You get smaller packages delivered right to your door.
• Armed guards accompany larger packages through Brinks armored delivery for protection.
• All platinum, gold, and silver purchases arrive within seven days.
• You have access to physically see your gold at the Delaware Depository.

Cons

• A higher price for exclusive coins
• Customers occasionally complain about the delivery of their gold being delayed.

It is important to note that most of the few complaints received by the company have been satisfactorily addressed by American Bullion.

How Can I Contact American Bullion

American Bullion is located at:

12301 Wilshire Boulevard, Suite 305, Los Angeles, California 90025

Call 1-800-465-3472 to reach the company, or visit their website at http://www.americanbullion.com/

The firm is open from 7:00 a.m. to 5:00 p.m. Pacific time, Monday through Friday.

Why Should I Include Gold, Silver, And Other Precious Metals In My IRA?

Individual Retirement Accounts (IRAs) safeguard both your retirement and the financial stability of your family. You can save money in these particular accounts that are tax-sheltered for future use. To have a safe and comfortable retirement, it’s crucial to allocate a sizable portion of these long-term accounts to assets that are reliable and stable.

Although you can keep money in an IRA the value of that money will rapidly depreciate over time due to inflation. That’s why you need to have a trustworthy asset, that holds its value over time, and possibly even increases in value. There is no better option than having these gold, silver, and other metals in your portfolio, if you want a reliable investment that keeps its value and rises in value over time.

When compared to other popular investment options, precious metals have several advantages. The benefits of gold include its track record of financial stability during recessions, better protection against currency devaluations, and a fixed supply that won’t change shortly.

With uncertainties everywhere as the global economy suffers setbacks due to lockdowns, shortages, wars, and inflation, wise investors are already securing their financial destiny by putting physical gold, silver, and other precious metals in their IRAs. This financial crisis, which is bad for most other assets, works to the advantage of IRA investments in gold and silver.

What Is The Wisest Thing To Do Before Investing In An American Bullion Gold IRA?

Determine what portion of your portfolio you want to allocate to precious metals by doing your research and consulting your financial advisor. You must know that in contrast to stocks and bonds, precious metals such as gold don’t pay dividends and are more difficult to sell. Make sure you are fully aware of the advantages and disadvantages of this asset class. A fall of the dollar and dollar-denominated assets like stocks, bonds, and real estate is something that precious metals provide insurance against.

American Bullion Review Conclusion

One of the wisest investment moves you’ll ever make is to buy gold for your IRA. Before investing, we believe you should carefully consider all of your options for a Gold IRA. Your IRA investment plan should include buying precious metals and American Bullion is a trustworthy organization with which you can do business with confidence.

Frequently Asked Questions for American Bullion Review