12301 Wilshire Blvd Suite 305
Los Angeles, CA 90025
In this American Bullion review, we take a look at the business, its offerings, what we liked, what we did not like and whether we would or would not use it to invest in gold or a gold-backed IRA.
Who is American Bullion?
American Bullion’s main office is located in Los Angeles, CA. It is currently headed by CEO M. Orkan Ozkan, President Nevtan Akcora, and CFO Richard Warren Jr.
The company has been recently featured in American Hard Assets magazine, and has also been deeply involved in various charitable initiatives for the Ventura County Rescue Mission.
Despite being a relative newcomer to the industry, American Bullion has already made a name for itself as a trusted leader in precious metals investing and as a specialist in IRA or 401(k) rollovers.
The company, which was founded only in 2009, differs from other similar businesses due to the fact that it has its own designated IRA department that focuses solely on gold IRA rollovers and nothing else, thereby ensuring fast processing and easy transactions for clients.
What Does American Bullion Offer?
One of American Bullion’s greatest strengths is its vast collection of numismatic and IRA-approved coins. The company’s affiliations with industry standards bodies are proof of this fact.
For example, American Bullion is a listed dealer of the United States Mint, and it is also a member of organizations such as the American Numismatic Association, Industry Council for Tangible Assets, and the Professional Coin Grading Service.
It’s obvious that American Bullion do take their coin business seriously.
True to its name, American Bullion offers modern gold and silver bullion, plus a whole range of precious metals bar products, namely platinum and palladium.
The company currently carries a lot of pre-1933 US and European coins.
Some of the gold and silver coins that the company currently offers include the American Gold Eagle, the Canadian Gold Maple Leaf, the American Gold Buffalo, and the Proof Gold American Eagle.
These coins are available for clients to purchase and invest with.
American Bullion self-styles itself as the “Gold IRA experts” and does have its own dedicated team of IRA rollover experts, which other gold investing companies sometimes lack.
Things To Like About American Bullion
1. Gold IRA Experts
IRA rollovers do involve a lot of complicated processes and tons of paperwork.
A simple mistake in one of these processes can result into lost money, tax problems, and lots of headaches for investors.
It is important then that the people who are doing these rollovers know what they’re doing, and know what is best for their clients.
2. Fast Processing Time
IRA rollovers can be completely processed within five to seven business days. This kind of processing is relatively quite fast. Also, this task can be done completely done over the telephone, so client convenience is not a problem.
The company’s numerous affiliations with industry organizations lends an air of credibility.
Things NOT To Like About American Bullion
1. High Account Minimum
To be able to invest with American Bullion, you need to put up an initial investment of $10,000. This an be quite high for new investors looking to get started.
2. No Flat Fees
If your investment is more than $250K, you need to pay higher fees. The more you invest, the larger the amount of fees that you’ll have to pay up.
Rankings, Complaints & Customer Reviews
Online reviews on American Bullion are excellent.
Better Business Bureau (BBB)
American Bullion has an A+ rating with the BBB which is a solid rating.
Business Consumer Alliance (BCA)
The company has received an AAA rating with the Business Consumer Alliance.
|Based on 42 reviews|
On TrustLink, American Bullion received a cumulative rating of 5 out of 5 stars.
The Bottom Line
American Bullion is an excellent choice when adding gold to your retirement account. The company excels in all the metrics that a reputable gold investment company should meet.
They are customer service-oriented, have fast processing times, an excellent selection of coins, attentive agents and financial experts. Additionally, American Bullion has an internal IRA department to ensure each rollover is hassle-free.
I’ve been a financial retirement planner for over 30 years and have been investing in gold, silver and other alternative investments since 2008. When I’m not spending time with my wife and 3 beautiful children, I am learning more about new emerging technologies such as the blockchain.