American Bullion Reviews: Are they Worth Your Time?
James Lawson- American Bullion offers consumers a full line of gold and silver bullion bars and coins.
- The company is one of the few brick-and-mortar businesses in the industry, and it prides itself on offering top-notch customer service.
- American Bullion offers precious metals to consumers with a full line of gold and silver bullion bars and coins.
American Bullion offers consumers a full line of gold and silver bullion bars and coins. The company is one of the few brick-and-mortar businesses in the industry, and it prides itself on offering top-notch customer service.
American Bullion is family-owned and operated, and there are currently no plans to sell the business. The company was founded in 2012, and its headquarters are based in San Antonio, Texas.
BBB Accreditation
American Bullion is an Accredited Business with an A+ rating. The BBB assigns ratings on a scale between A+ and F based on a company's responsiveness to complaints, resolving customer complaints, and general business practices. American Bullion has replied to all complaints in a satisfactory manner. The company also engages customers through Twitter, Facebook, and YouTube.
American Bullion Reviews
American Bullion is a precious metals dealer with the headquarters located in Dallas, Texas. The company was founded in the year 2009 and has become one of the leading online dealers in the United States.
American Bullion specializes in the purchase of gold and silver. It also sells other precious metals such as platinum and palladium.
Company Background
American Bullion was founded in 2011 by Barry Goldman, who sold his gold business in 1999 to APMEX. Goldman, a Harvard graduate, began his career in 1990 as a commodity futures trader. American Bullion's headquarters is in Las Vegas, Nevada, and it has branches in Chicago, Illinois; Miami, Florida; and Salt Lake City, Utah.
American Bullion offers three types of accounts: individual, joint, and trust. The company does not charge any annual maintenance or hidden fees.
American Bullion Products
American Bullion was founded in 2010 and is based in Scottsdale, Arizona, where it operates out of a 2,000-square-foot office. The company serves customers throughout the United States, including Puerto Rico. American Bullion offers precious metals and rare coin investment products, and its website offers educational content in addition to a trading platform.
American Bullion's website states that the company's mission is to educate people about investing in physical precious metals and rare coins, and its website claims to offer "the best customer service and pricing."
American Bullion's website states that the company's mission is to provide its customers with high-quality precious metals and rare coin investment products at fair and competitive prices.
American Bullion Pricing and Fees
American Bullion's pricing for gold and silver products vary depending on a variety of factors, such as product type, quantity, and delivery date. American Bullion's Silver and Gold IRAs, for instance, are offered at a flat price of $290 and $300, respectively, for annual storage, and $290 and $300, respectively, for monthly storage. However, American Bullion's Gold and Silver IRAs are both charged a one-time $100 setup fee, and Gold and Silver IRAs are charged a $50 reader fee per transaction.
American Bullion Pricing and Fees:
American Bullion Reputation
Since 2009, American Bullion has sold gold, silver, and platinum bullion and coins to customers across the country. The company offers a wide variety of products, including gold and silver bars, coins, rounds, and more.
American Bullion also sells gold and silver IRAs, allowing individuals to shelter their portfolios from taxes while investing in physical precious metals.
Reviews of various aspects of American Bullion are mixed. The site does feature reviews, but the most recent ones are only three years old. Moreover, American Bullion's rating on the Better Business Bureau (BBB) hovers around an F, with 77 complaints in the past three years.
American Bullion Complaints
In the American Bullion review above, we said that gold is a good investment, but it is not an immediate solution to those with immediate needs.
American Bullion reviews suggest that American Bullion is a legitimate business, but that its business model is flawed.
American Bullion's business model, at least according to American Bullion reviews, is to sell higher margin products, which result in greater profits for American Bullion.
American Bullion's business model doesn't necessarily benefit the customer, as higher margin products typically come with more risk.
American Bullion customers, however, are more concerned about American Bullion's customer service.
American Bullion complaints reveal that American Bullion is more concerned with paying their higher margin products than their customers.
American Bullion complaints also reveal that American Bullion's customers are often left in the dark, as they don't know what products are being sold to them.
American Bullion complaints also suggest that American Bullion's customers are given inaccurate quotes, which result in them making uneducated financial decisions.
American Bullion complaints suggest that American Bullion is more concerned with selling products than educating their customers.
Gold IRA: Should You Open One To Save For Retirement?
American Bullion BBB Rating and Accreditation
American Bullion Co. has a Better Business Bureau (BBB) rating of A+. This rating comes after American Bullion has responded to the BBB's concerns, and no longer has unresolved grievances filed against them. For comparison, American Bullion's competitor, Liberty Coin & Gold, has an A+ rating as well.
American Bullion Reviews and Complaints
American Bullion has no reviews published on Trustpilot. However, American Bullion does have three reviews on Yelp. Two out of three reviewers have given American Bullion a 5-star rating. The third reviewer gave American Bullion a four-star rating.
