Who Is Rosland Capital?

At Rosland Capital, their business is about providing precious metals for those interested in diversifying a retirement portfolio or hedging inflation. Precious metals investing can be done outside of a retirement IRA with the purchase and home storage, or within a retirement Gold IRA where one can find tax advantages for delaying the distribution of the asset. 

A Delaware-registered company, Rosland Capital has its main office in Los Angeles, CA. Independent offices are also located in Rosland, UK London Office which opened in 2014, Rosland GmbH in Germany in Munich in 2017, and Rosland France, Paris, France office opened in 2021. 

Having the world locations gives Rosland Capital the ability to provide real-time opportunities to local clientele. 

Products Offered:

Unique to Rosland Capital is its Specialty Coins. These coins are limited-edition coins, minted as proofs, from mints including Swiss-based PAMP SA and the UK's Commonwealth Mint. 

Its specialty offerings include; Formula 1 motor racing for the 1000 F1 race in history, and the 70th anniversary of the first British Grand Prix held at Silverstone. Also, they have created other PGA Tour coins and Presidents Cup in both Gold and Silver Coins. 

In addition to the specialty products offered, Rosland Capital offers a variety of gold, silver, and platinum bullion bars, coins, and rounds for at-home storage or IRA investment.

What Bullion Should I Buy?

Interested in buying precious metals but not sure what to buy?

This is a complicated question that takes current knowledge and understanding of the precious metals market into account. What is a good purchase today may not be a good purchase tomorrow. However, ownership of physical metals is an asset and should be treated differently than buying gold in an ETT, Stock, or Mutual Fund. 

Gold and Silver Bullion:

Bullion is often referred to as a larger quantity of unfinished metals in the form of Cast Bars. These bars are measured by their purity and weight. However, the term bullion is often distorted into the term used for rounds and circulated coins. 

Bullion can be found in the form of rounds, coins, and bars. The American Silver Eagle 1 oz Bullion Coin is produced by the United States Mint and has the intent to be a circulated coin purchase for investment. 

Bullion Bars and Ignots:

Bullion bars or Ingots can be found in the form of Cast, Combi, and Minted. Minted bars can be from private mints or sovereign mints. Most have the stamp of authenticity of purity and quantity of the metal. 

Bullion Coin:

Coins are minted by sovereign mints backed by the government issuing the coin. Coins also have a face value for the country of origin. Rosland Capital has several "uniquely" minted specialty coins produced with face value. These coins are unique to Rosland with their relationship with Swiss-based PAMP SA and the UK's Commonwealth Mint.

Bullion Rounds:

The most common bullion found is that of the round. Rounds are minted and produced by private mints and have no face value. The value of the round is based on the metal content and purity. Purity standards for IRA investment are 99.5% pure for Gold, 99.9% pure for Silver, and 99.95% for Platinum and Palladium. 

What is a Precious Metals IRA?

Commonly referred to as a Gold IRA or Silver IRA, the precious metals IRA or self-directed IRA is similar to a traditional retirement IRA or Roth IRA. However, the main difference is the management of the investments being purchased for the IRA. 

Traditional and Roth IRAs are investment vehicles for individuals purchasing stocks, bonds, mutual funds, and ETFs that are looking to invest for retirement in a tax-advantaged account.

The Gold IRA or Self-Directed IRA (SDIRA) offers investors the opportunity to purchase those same investments but also to diversify into alternative physical assets. Investors can purchase physical precious metals, and real estate, and use their retirement savings for private funding opportunities. 

The Precious Metals IRA gives investors the opportunity to purchase physical assets, gold, silver, platinum, and palladium, and store their wealth for retirement. 

SDIRA IRA Acceptable Precious Metals:

Choosing to purchase metals within an IRA is a good way to diversify one's portfolio. But there are restrictions and acceptable metals.  

To be eligible for an IRA, IRS requires metals to be of the highest purity standards.

• Gold purity standard of .995 
• Silver purity standard of .999
• Platinum purity standard of .9995
• Palladium purity standard of .9995

Purchasing metals for an IRA requires a custodian to manage the paperwork and transactions. Not all Sovereign and Private Mints produce metals that are acceptable for each custodian. Make sure to have a conversation with the custodian if there are any mints that they will not accept. Many of the best private mints have ISO 9001 certification. That means they produce the highest quality metals most accurate production process. 

How to Open a Gold or Silver IRA?

The process for opening a self-directed IRA is relatively simple. But, the main problem is finding a custodian who works with precious metals. The best way to open a Gold IRA is by working with a Gold or Silver IRA Dealer. 

A Gold Dealer will work to facilitate the transaction and paperwork for opening an IRA. They also have relationships with qualified custodians and depositories for metal storage. 

Individuals can complete their research for custodians and depositories, but the research process should be put into finding a reputable gold dealer. The most reputable of dealers offer the advantage of educating their customers and providing the highest quality service. The services include the ability to leverage their business relationships with custodians and depositories. 

Steps to Open a Gold IRA:

1. Choose a Qualified and Respected IRA Dealer: The best dealers educate and inform before they sell any products. They are not advisors, they should not push you into a specific item, unique offering, or special offer. They should only assist in the IRA custodial paperwork, facilitate the purchase of the metals, and deliver your metals to a secured depository.
2. Fund Your IRA: Funding of a Gold IRA can be completed in two ways; first, by rolling over retirement savings from existing IRAs or 401(k)'s; second, you can make yearly contributions based on the yearly SDIRA contribution limits. 
3. Choose Your Metals: Complete research to understand the pricing of gold or silver. What's the current spot price, what is the retail price of the coins or bars, and what is the premium being paid? Are there any "sales commissions" or other fees involved in the purchase of the metals with the dealer? Then you can choose the right bullion for your IRA. Remember the price paid is not the value for the metals in your account. You will be paying a premium and that is not part of the overall value of the metal in your portfolio.
4. Delivery Metals to Secured Storage Facility: IRS requires metals purchased within an IRA to be held in a depository or secured storage facility. This eliminates the collusion between the at-home metals and the investment metals. When buying using your IRA you have handed off the metals being purchased. 

Rosland Capital Complaints

When The Plug does a review on a company we search the internet looking for both positive and negative reviews. We look to see if the business has a Better Business Bureau listing, a Business Consumer Alliance listing, Yelp reviews, Trustpilot reviews, Trustlink reviews, and other Facebook and Google Business Page reviews. 

Through those reviews, here are some comments on the experience: 

• Pricing for Coins is Overpriced
• Delivery Delays over 30 days
• Common Complaints for the lack of customer service
• Scam, Scam, Scam
• Ripoff
• Constantly Calling to Sell More Coins
• The "Spread" is 30%
• Good Customer Service - called back wanting to make sure I was satisfied
• Enormous help to me
• Great Experience
• Tried to sell numismatics over gold bullion
• Gold coins were marked up 74% over market value

When determining if Rosland Capital is the right dealer for you and your retirement savings, make sure you check all the documented reviews. Click the review service below and we'll send you over so you too can read what customers had to say about their experiences. 

Better Business Bureau (BBB):

• BBB Rating of A+ (understand the rating is not based on the reviews or complaints)
• Accredited since October 1, 2008 
• 17 Complaints closed in the last 3 years
• 6 Complaints closed in the last 12 months
• 4.77 out of 5-star 
• 303 Customer Reviews

Business Consumer Alliance (BCA):

• AAA Company Rating
• 5-Star Rating
• 10 Customer Reviews
• 100% Complaint Experience Rating
• 3 Customer Complaints in the last 3 years

Trustpilot:

• 117 Reviews
• 4 out of 5-Stars

TrustLink:

• 3.5 out of 5-Stars
• 70 customer reviews
• Note: many of these reviews are older before 2021

Rosland Capital Fee Structure

Rosland Capital uses Equity Institutional as its recommended custodian. 

Fees are approximate as follows:

• $50 set-up fee
• $100 annual maintenance fee
• $100-$150 storage fee for metals with secured depository
• $40 paper statement copy

Custodian fees could include transaction fees or wire transfers. 

Find out more about Rosland Capital on their website - Click Here and we'll send your over! 

Final Thoughts on Rosland Capital

Rosland Capital is a precious metals dealer that has been in business for 15+ years. Their product listing is extensive and they offer unique offerings of coins and rounds.

The truth is they are a dealer offering the availability to buy precious metals for both home storage and within an IRA. 

As for a Gold IRA company that offers the highest quality educational offerings, our belief is they lack the dedication and customer service to be the best self-directed IRA company.

Take the time to check out their offerings and talk with their representatives for more information. 

But if you are not completely satisfied with their customer service, prices, or ability to recognize your needs, check out The Plug's #1 Gold IRA Company, GOLDCO! 

Before we get started with the Guidance Corporation Review:

It's tough to determine which precious metals dealer is reputable and reliable for your investment needs. The Plug aims to provide you with as much useful information as possible to shorten your decision-making process.

The Best Gold IRA Dealers want to educate and inform their clients. We've broken down a list of the Top 5 Gold and Silver IRA Companies for your revie, click here and we'll take you to our blog on IRA Dealers.

What is Guidance Corporation?

When you are looking for online gold and silver dealers, Guidance Corporation is a one-stop shop for buying and selling coins, bars, numismatics, and rare coins. 

Looking for circulated or non-circulated coins? The coin experts at Guidance Corporation don't work on sales commissions. They offer advice and satisfaction and understand these come first before profits. 

As a family-owned and operated business, Guidance Corporation touts its slogan as "We're The Internets Low Price Leader For Monster Boxes".

Buyers looking for the best prices on gold and silver should shop the website to find current offerings, special deals, and pricing. 

With 35 years in the precious metals business, this family-owned business has the means to offer the best pricing and they can help buyers track down those rare coins or numismatics to complete a series or just add to a home collection.

What Bullion Products Are Available?

As a full-service dealer, Guidance Corporation offers a lineup of gold, silver, platinum, and palladium products. You can purchase coins in Monster Box collections or individual rounds, bars, and coins. 

Best Selling Products:

Itemized out for buyers are the Best Products Available. Those include the 2023 American 1oz Silver Eagles, Silver American Eagle Rolls of 20 Coins, 2021 500-Coin Silver Eagle Monster Box-Type 1, 2023 1oz Gold Canadian Maple Leaf .9999, 2023 1oz Gold American Eagle Coins, Silver Britannia Sealed Monster Box, Silver Austrian Philharmonic Monster Box - Mint Sealed, and others. 

Gold Bullion:

Gold bullion from sovereign mints includes these coins; Gold American Eagles, American buffalo, Canadian Maple Leaf, Austrian Philharmonic, South African Krugerrand, Chinese Panda, and Australian Kangaroo.

Gold Bullion Bars are of the highest quality with a minimum of .999 purity. Sizes of gold bars are from 1 gram to 5 kilograms. Gold bars are purchased as an alternative to rounds and coins for their larger gold content and lower premiums. Gold bars are available for home storage or IRA purchase.

Gold bullion that qualifies for IRA investment must be of the highest purity level. Gold must be .995 or 99.5% pure to be qualified. Not all products minted will be allowed by some custodians in an IRA. Consult your custodian for more specifics about which metals they allow. 

Silver Bullion:

Silver bullion is an excellent option for those buyers looking to buy precious metals but doesn't have the money to purchase gold in bulk quantity. Based on the current spot price of silver, you can purchase approximately 78:1 silver vs gold troy ounces.  

Silver options include Monster Boxes, United States Mint Silver, Mexican Mint Silver, Silver Rounds, Royal Canadian Mint Silver, South African Mint, Perth Mint, Austrian Mint, Chinese Mint, Royal Mint, and a variety of silver bars from various mints. 

Silver is an excellent precious metal to purchase and is the least expensive. Giving beginner gold stackers and seasoned professionals the availability and liquidity needed. In addition, in comparison to silver products, silver bars can have the smallest premiums in some cases. Larger quantities of silver being purchased will have prices nearer to the current spot price of silver. 

When buying precious metals you want to purchase items that are well-known and have the highest buyback opportunity. Metals purchased nearest to the current spot price will have the potential for the highest returns over time. 

Silver purchased for IRAs must be of the highest quality. Quality and purity levels must be .999 or 99.9% pure. 

Platinum, Palladium, and Rhodium Bullion:

Platinum and Palladium are two of the four precious metals allowed with a self-directed IRA.

GC offers the following platinum products; American Platinum Eagle, Austrian Platinum Philharmonic, Royal Mint Platinum, Platinum Canadian Maple Leaf, Perth Mint Platinum, and Platinum bars. 

Palladium products include; United States Mint Palladium American Eagles, Russian Mint Palladium Ballerina, Palladium Maple Leaf, Palladium Chinese Products, and Palladium Bars.

Platinum and Palladium products that qualify for a self-directed IRA must be of the highest quality. Purity levels for these products are required to be .9995 or 99.95% pure. 

World Gold Bullion:

Guidance Corporation offers a variety of gold products from around the world. If you are a collector looking for a unique piece check out their website. Here are a few of the items you might find; Austrian Gold, Belgian Gold, British Gold, Dutch Gold, Finnish Gold, French Gold, German Gold, Hungarian Gold, Italian Gold, Mexican Gold, Russian Gold, South African Gold, Swedish Gold Swiss Gold, Tunisian Gold, along with North American Gold.

Pre-1933 Gold:

Items found under this category include $10 Indian, $5 Indian, $3 Princess, $20 St. Gaudens, $20 Liberty, $10 Liberty, $5 Liberty, and much more. 

You can also shop by coin grade; MS-61, MS-62, MS-63, MS-64, MS-65, BU, AU, XF, and VF.

What Services Does Guidance Corporation Offer?

As an option to buy bullion from GC, you may also choose to sell your metals or open an IRA. They offer the convenience investor are looking for in a full-service precious metals dealer. 

Current Pricing:

One of the benefits of the Guidance Corporations website is its current pricing. While they indicate their offer the Guaranteed Best Pricing, you can check out their offerings and current pricing right on their website. 

There is no indication of quantity available when you purchase online, but you can see current pricing based on the current spot price of the metals. When buying coins, you can get a discount for larger Monster Box purchases. 

Sell to GC:

Guidance Corporation is a full-service precious metals dealer. They are open to purchasing your numismatics, rare coins, and bullion. In addition, they could be a good source to sell your unused jewelry. Get a great offer and know they are interested in buying your metals no matter where it was originally purchased. 

On the "Sell to Us" page you can see a current Estimated Price for different Gold, Silver, and Platinum Bullion. 

This grid provides details for specific coins but contact them directly if you don't see a coin you are looking to sell. 

IRA Program:

If you are interested in buying a single coin or a Monster Box through your self-directed IRA, then know Guidance Corporation is a viable source. No matter if you currently have a SDIRA or want to start a new one they are capable of helping you through the process.

The IRA Experts at Guidance Corporation can walk you through starting a new Precious Metals IRA. There are three easy steps to get started:

1. Open Your Custodian Account
2. Fund Your Custodian Account
3. Purchase IRA-approved Precious Metals

Custodians Recommended:

Guidance Corporation has worked with GoldStar Trust Company, Equity Trust, Kingdom Trust, Strata Trust Company, and The Entrust Group in the past and would recommend any of these options. 

IRA-Approved Products:

Investing through a self-directed precious metals IRA the products must adhere to the highest purity standards. In addition, several of the custodians will only allow certain metals from certain Mints. ISO 9001 may be a requirement for a trust or custodian to purchase metals from that mint. Therefore, check with your custodian regarding their requirements. 

• Gold IRA Products mt be .995 pure
• Silver IRA Products must be .999 pure
• Platinum Products must be .9995 pure
• Palladium Products must be .9995 pure

You can choose to purchase bars, rounds, or coins as long as they meet the IRA/IRS requirements. 

What To Know About IRA Investing?

When investing in precious metals using your IRA you must follow the requirements of the IRS for IRA products. 

The benefit of gold and silver purchases through an IRA is the ability to own physical metals. Holding physical metals gives buyers long-term opportunities for price appreciation while holding physical assets. 

Traditional IRAs and Roth IRAs along with your current employer's retirement plan are not able to own physical assets. The Self-Directed IRA opens up opportunities that other retirement plans do not. 

Purity Requirements:

As previously mentioned when buying physical metals for your IRA you must adhere to the IRS requirements of purity. You cannot purchase rare coins, numismatics, or collector bullion. The typical purchase is bullion silver and gold coins and bars. 

Custodian:

While a self-directed IRA is a retirement account in that you choose the investments, you cannot open an SDIRA personally. You are required to use a custodian. Custodians do not recommend investment choices, like a traditional IRA broker might, the custodian only facilitates the paperwork and keep your purchases in line with the IRS and their business requirements. Gold IRA Companies have custodians they work with and in many cases, the fees are reduced or waived for using a approved Gold Dealer. 

Depository:

A depository is a secured storage facility. IRS requires the individual beneficiaries of the SDIRA account cannot have immediate access to the metals. You will need to store all metals in a depository. Work with your precious metals dealer as they most likely have a depository they work with or can recommend. 

Is Guidance Corporation a Reputable Precious Metals Dealer?

In our research, there were no glaring issues found for Guidance Corporation and its reputation. Reviews appear to be favorable with no major complaints found on the BBB website. 

The BBB has Guidance Corporation as an A+ Accredited Business. They have been Accredited Since 11/19/2021.  There are 10 customer reviews with a 5-star overall rating. 

On the website for Guidance Corporation, they show ShopperApproved ratings. They have a 4.8-star overall rating with 960 reviews. The 3-star ratings typically are the following issues; slow website, took longer than expected for receipt of items, no signature was given for package, communication was fair and difficult. 

How to Get Ahold of Guidance Corporation

Getting in contact with Guidance Corporation:

Phone: 1-800-526-7765 / 952-525-1330

Email: president@coinguide.com

Location: 2709 Crestwood Circle #1500 Minnetonka, MN 55305-2758

Website: www.coinguide.com

Final Thoughts On Guidance Corporation

When it comes to comparison shopping online coin dealers we believe Guidance Corporation is a good option. You can compare pricing, check out available products, and see what's new or special buys.

Precious metals buying should be based on a strict process or investment guideline. Buying gold or silver, "just because" is not supported. The Plug believes buyers who are educated and knowledgeable get the most out of their purchasing decisions. 

Find out more about Guidance Corporation on their website - Click Here and we'll send you over! 

Do your own due diligence before buying or working with any online dealer. Check premiums, shipping fees, IRA fees, and more.

For IRA investing, The Plug does not recommend Guidance Corporation. We believe when investing your hard-earned retirement savings you should work with the most reputable companies that educate before they sell products. True Precious Metals IRA companies educate their customers and clients on the benefits of owning physical precious metals. We don't believe Guidance Corporation does enough to educate and inform. 

Our choice for the the Top Rated Gold Dealer that specializes in Gold and Silver IRA's is Goldco. Check out our review of Goldco or head on over to Goldco's website and get your own Gold Kit Today!

Before we get started with the Silver 'Round The World Review:

If you are looking for a good source to purchase gold and silver within a self-directed IRA, then Silver 'Round The World is not our recommendation. 

Given that we cannot recommend them as a reliable source, we know how hard it can be with so many sources to buy precious metals. Identifying who are the fake scam dealers and legit businesses looking out for you and the best interest of your retirement savings can be tricky.  

When you purchase from an online coin retailer like Silver 'Round The World, you are typically buying one or up to 10 items at one time. You are responsible for knowing the market for those items and understanding what premiums you are paying. 

However, working with a reputable gold IRA dealer is vital when you want to purchase bullion to diversify retirement savings. A reputable gold IRA dealer will educate you on how precious metals can benefit a retirement portfolio. Still, they also work with individuals who want to preserve and provide for their families after they move on. 

The major difference between the two is the process and your intent. If you like searching for precious metals and finding exciting items to add to your collection, you should stick with the retailers and local coin shops. If you would like to be educated, have professional representatives walk you through the IRA process, and help you facilitate the purchasing of your precious metals for your IRA, then you should choose a Gold or Silver IRA Company. 

The Best Gold IRA Dealers want to educate and inform their clients. We've compiled a list of the Best Gold and Silver IRA Companies for your review. 

What Products Does Silver 'Round The World Offer to Their Customers

As a silver precious metals dealer, Silver 'Round The World carries a plethora of coins and rounds for the most serious of buyers. 

Each coin or round is identified under different categories including; the brand, vintage collectible, modern collectible, fractional, government, and thematic. Searching for the item you are interested in is relatively simple on the website. Just choose a category and start digging in. The details of each coin or round are presented, including the number of units minted if known. 

Government Silver:

Available silver from sovereign mints include; Africa, Asia, the Caribbean, Europe, North America, Oceania, and South America. The types of coins found in this category are; American Silver Eagle by the United States Mint, St. Helena by Sunshine Mint, Austria Philharmonic by the Austrian Mint, Canadian Maple Leaf by The Royal Canadian Mint, and several others. 

Vintage Collectible Silver:

Silver from 41 different mints is available online as of this writing in this category. Here are a few mints with available silver; A-Mark, California Crown Mint, Engelhard, Letcher Mint, Monex, SilverTowne Mint, Sunshine Mint, and Tri-State Refining. That is just a few of the names you can find. In addition, this category has rounds broken down further into Vintage 1970s, Vintage 1980s, Vintage 1990s, and Vintage Unmarked Rounds. 

Modern Collectible Silver:

Many of the same brand names are found in the Modern Collectibles as that produced during the Vintage period. Here are a few additional coins or mints; North American Fishing Club, North American Hunting Club, NTR Metals, Patriot Coins, Provident Metals, Scottsdale Mint, and SD Bullion. Included in this section are rounds produced under Vintage 2000s, Vintage 2010s, and Vintage 2020s.

Fractional Silver:

There are 97 pieces noted under the heading Fractional Silver. These items can be any of the following:

• 1/20 Oz
• 1/10 Oz
• 1/4 Oz
• 1/2 Oz
• 3/4 Oz
• 1 Gram
• 2 Grams
• 5 Grams
• 20 Grams

Fractional silver is any silver coins or rounds that have less than 1 oz of pure silver. Fractional pieces are minted to make them more affordable. However, when buying fractional interest in rounds or coins make sure you understand what the premium you are paying. 

Oz above is referencing a troy ounce of silver. Metals are identified in troy ounces vs. standard ounces. For more on troy ounces, check our article What is a Troy Ounce?

Thematic:

The Thematic section includes any silver rounds or coins that are unique because they are or were produced for a specific period or event. The categories include; Advertising, Art, Nature, Organizations, Plants, Religious, Science, Transportation, Sports, Coin Replicas, or Miscellaneous. 

Does Silver ' Round The World Offer IRA Services?

While silver is an excellent option to purchase within your self-directed IRA, Silver 'Round The World does not offer IRA services. They offer products that are approved for IRA investment, but they do not offer any specific service or advice for IRA investors.

The business primarily is for those individuals that are buying for home storage. Collectors and individuals looking for the best price on silver can find competitively priced bullion on its website. 

Buying Silver for Your SDIRA

Silver is one of four precious metals you can purchase and hold within a self-directed IRA. Gold, Platinum, and Palladium are the other three precious metals allowed within a self-directed IRA.

Precious metals are an excellent investment for a diversified investment portfolio. Silver has the biggest upside according to industry leaders as the price for silver per troy ounce is considerably lower than that of the other metals allowed. Why Buy Silver over Gold in 2023 is an excellent article explaining why Silver may be a better choice. 

There are several silver bullion coins and rounds to choose from. Silver bars are also an excellent choice for silver stackers as you can buy a larger quantity of silver and in many cases pay the least amount per troy ounce on the premium. 

Permitted Silver includes one, one-half, one-quarter, or one-tenth troy ounce U.S. Coins, silver rounds, and silver coins minted by sovereign nations. A key difference between rounds and coins is their face value. Rounds are minted by Private Mints and have no face value, while Coins are minted by Sovereign mints and have the full backing of the country issuing the coin. Knowing the difference between sovereign coins and rounds will assist in making the correct decisions. 

Silver purchased by the IRA will also need to be .999 pure silver or 99.9% fine silver. This indicates to the IRS and IRA custodians that the silver is of the highest quality. The restriction placed on precious metals within an IRA is for the benefit of the investor. Numismatics, Rare Coins, and Junk Silver are not qualified for a silver IRA. 

When buying silver for your SDIRA work know the rules and regulations that permit silver to be added to your account. In addition, custodians will have restrictions on the silver they will allow. To qualify for some custodians the silver must be minted by a mint that has the ISO 9001 certification or they could only allow for coins from certain countries. Knowing the restrictions will allow for the best investment experience.  

How to Open A Silver IRA?

Getting started with opening a silver IRA can be either very complex or very simple. If you like to analyze companies and find the right custodian that has reasonable prices and fees there are several available to choose from. After you choose a custodian you will need to choose a Silver or Gold Dealer to purchase from, and then you will need to choose the right depository to store your metals. 

You can complete this process yourself, or you can choose a Silver or Gold IRA Dealer who specializes in facilitating the process of opening the account, funding, choosing metals, and providing storage depository facilities. 

Why might you choose Silver IRA Dealer?

Many Precious Metal Dealers who specialize in bullion for an SDIRA provide the highest level of customer care, education, and resources. Their business is only in selling products for home storage or IRA for investors looking to diversify retirement savings. They cater to you, the investor over the individual coins, round, or bar buyer. 

Getting Started With a Silver IRA:

1. Choose a Custodian - research the different companies and confirm they offer precious metals in their managed custodian accounts. Confirm what metals they accept and research their fees.
2. Fund the SDIRA Account - you can choose to fund your retirement account using retirement savings from existing retirement IRA accounts or a prior employer's 401(k) by rolling over a predetermined amount based on the allocation you choose. Or, you can fund your Silver IRA by making contributions yearly. Max contributions to traditional or Roth Retirement accounts is a maximum of $6,500 per year if you are under the age of 50, or $7,500 per year for those catching up above the age of 50. Funding yearly is a total max contribution to all IRA accounts and the money can only be from earned income. 
3. Choose a Silver Dealer - find a silver dealer that works with SDIRAs and those investors who buy using their retirement accounts. The best dealers will emphasize education and understanding of how precious metals are beneficial. 
4. Purchase Your Metals - the dealer will help facilitate the purchase of the metals. You can choose silver, gold, platinum, or palladium. 
5. Deliver to Depository - when buying precious metals within your IRA the IRS requires separation between the individual beneficiary of the IRA and the metals. You must store your metals at a secured facility that is IRS approved. 

That in a nutshell is the process of opening a New SDIRA Precious Metals IRA. If you currently have an SDIRA, check with your custodian and see if they know to allow you to acquire metals within your account. If your custodian has the experience and knowledge you can work with a reputable dealer to acquire your metals. 

Working with an Experienced Silver IRA Dealer:

While you have the option to research and choose a custodian, dealer, and depository. An easier method to get started is working with an experienced Silver or Gold IRA Dealer. Work with a company that specializes in facilitating the process to get an account opened. 

Companies such as Goldco or Birch Gold Group are knowledgeable and experienced in the precious metals IRA process. They also have working relationships with premier custodians and depositories. 

While these companies specialize in the acquisition of precious metals for an SDIRA, they also offer qualified individuals the opportunity to become clients by opening an account and purchasing metals for home storage. Different that typical online coin sellers, IRA dealers want to verify and make certain individuals are right for precious metals buying. They have restrictions to become a client, but that is to provide the individual with the highest quality service.

Working with an IRA Dealer, you could also receive savings on your custodial or depository fees, or even get additional metals by opening up a qualified account. These added benefits can reduce your cost basis in the metals purchased and ultimately increase your profit potential. 

Silver 'Round The World Payment and Shipping

Payment Options:

Payment options are plentiful for buyers. You can purchase bullion using your credit card, PayPal, Cash App, Venmo, Personal Check, Cashiers Check, Money Orders, ACH/eCheck, or Cash.

Payments must be made within 3 business days to hold an order. Any payment received after 3 business days will be canceled and buyers will be subject to current prices. 

Once an order is received the buyer has 5 business days to initiate any returns or exchanges. Any delay in the order is non-refundable. 

The shipping of items will be based on the payment process you choose. For any personal checks, money orders, or cashier's checks the order will be processed between 3-5 business days after payment clears the bank.

All CC, Venmo, Cash App, Zelle, etc. will be processed once payment is confirmed. Orders are typically processed within 3 business days.

Shipping of Metals:

All orders are charged $5 for flat-rate shipping. 

For orders above $500, there is FREE Shipping, Insurance, and Signature required.

The low shipping and handling fee of $5.00 is one of the lowest known. But, the free shipping for most online dealers is around $200 minimum order. 

All shipments are packaged conspicuously for shipping by USPS. Items are packaged to protect the contents and your confidentiality.

No Sales or Shipping outside the United States. 

Final Thoughts on Silver 'Round The World and their Online Precious Metals Business

The online presence of Silver 'Round The World would make most buyers of silver bullion excited. The website provides details on the metals they are selling and gives readers depth of knowledge regarding the different Mints these pieces come from.

The problem we see is there are no reviews or Better Business Bureau information. We were unable to find any source of reviews for the business. While this is concerning, there is no indication the business is fraudulent or misleading to its buyers. The pricing for some of their American Silver Eagle coins appears to be very good in comparison to other online dealers. 

While a viable option for silver buyers, the website does not have any additional precious metals to purchase. They do not carry gold, platinum, or palladium to purchase. 

Collectors and silver stackers will appreciate this website and see the value in the information provided. IRA investors looking for a viable option for IRA investment will not find the offering sufficient for their needs. 

Therefore, we cannot recommend Silver 'Round The World' for Silver IRA buyers. 

We would caution any potential silver buyers to do their due diligence before buying. Contact the company directly for any specific question you cannot get answered on their website. When buying from an online metals dealer, consider buying in small increments first to get a feel for the business and its sales. If all goes well and you have established a relationship, you could choose to buy larger quantities in the future. 

Best Gold and Silver IRA Option

Purchasing silver from a local dealer or online retailer is a viable option to store precious metals at home. But, if you want to hedge inflation and conserve retirement savings, purchasing precious metals within a retirement fund is the best option. 

Goldco offers a 2025 Ultimate Guide to Gold & Silver detailing how diversification in assets such as physical precious is an excellent option for retirement savings. Get more information by clicking the "Learn More" button below. 

Montana Rarities

Who is Montana Rarities?

When it comes to online precious metals dealers, Montana Rarities is something of a rarity. Most online retailers selling precious metals tout the extensive products they carry including numismatics, rare coins, "junk" silver, and common IRA bullion and proof coins. Not Montana Rarities, they only sell online and only advertise what is available at that time. But, when dealing with the company, they function like a local coin shop that is down the street that you have known for years. 

The honesty presented to the public on the website and in person is amazing. Based out of Florence, Montana the business has been selling metals since 2008. Mark, the owner, manages the sales online and talks with customers via phone or email. He is honest on pricing and will recommend going elsewhere if his prices are above other retailers. 

Montana Rarities offers bullion Gold, Silver, Platinum, specialty coins, rare coins, and numismatics. The prices online are typically in line with other dealers or lower. 

Contact Information:

Montana Rarities

P.O. Box 1221

Missoula MT 59806

Email: sales@montanararities.com

Phone: 406-396-9468

Office Hours: 10 am - 5 pm MST, Monday - Friday

The product in stock is noted as in stock on their website. They do not offer items that they don't have immediate access to. What most companies don't tell you is they source most of their bullion, coins, and bars from wholesalers. Mark does the same. His available products could include items in stock on hand or items he knows he can drop ship from a wholesaler within 2-5 business days. 

The website for Montana Rarities is like the business, old-fashioned. They don't have a lot of flair or dramatic effects shouting "buy now" or "almost gone" type of hype. What you see is what you get. Most of your questions can be answered on their website, but contact them via email or phone if you have specific questions. 

What Metals Does Montana Rarities Sell?

You can find a variety of different bullion, coins, numismatics, and rounds offered at the Montana Rarities website. In addition to the gold and silver products, Montana Rarities has Platinum Bars from Engelhard, Pamp Suisse, Australian, and Canadian Mints.

Not all items are listed, some of the items we found include;

Gold Coins, Bars, and Bullion:

American Gold Eagle $5 Uncirculated 1/10 troy oz

American Gold Eagle $10 Uncirculated 1/4 troy oz

American Gold Eagle $25 Uncirculated 1/2 troy oz

American Gold Eagle $50 Uncirculated 1 troy oz

American Gold Buffalo $50 1 troy oz

Australian Gold Nugget 1/10 troy oz

Australian Gold Nugget 1 troy oz

Austrian Gold Philharmonic 1/10th troy oz

Canadian Gold Bar 5 x 1/10 troy oz

Canadian Gold Maplegram 25 x 1g

Credit Suisse Gold Ingot 1 gram

Perth Mint Gold Bar 1 gram

Pamp Suisse Gold Ingot 1 gram

Valcambi Gold Bar 2.5 gram

Perth Mint Gold Bar 1 troy oz

Valcambi Gold Combibar 10 x 1/10 troy oz

Silver Coins, Rounds, and Bars:

Generic Silver Round 1 troy oz

Buffalo Indian Head Silver Round 1 troy oz

Allasourus Silver Round 1 troy oz

Engelhard Montana "Big Sky Country" Silver Round 1 troy oz

Golden State Mint Aztec Calendar Silver Round 1 troy oz

Scottsdale Mint "Reserve" Round 1 troy oz

Wall Street Silver - This is the Way Silver Round 1 troy oz

Generic Silver Bars 1 troy oz

Monarch Silver Bar 5 gram

Monarch Silver Bar 50 gram

Sunshine Minting Silver Bar 1 troy oz

Sunshine Mint Silver Bar 5 troy oz

Johnson Matthey Struck Silver Bar 10 troy oz

Monarch Precious Metals Silver Bar 10 troy oz

Scottsdale Mint Silver Stacker Bar 1 kilo

How Does Montana Rarities Price Their Bullion

On the website, their prices are considered discount pricing. Mark does not do an extensive amount of advertising, has no showroom or storefront, and works primarily alone. The lack of significant overhead allows him to competitively price the product he has in stock. That being said, there are items he has priced higher than other online retailers. Unfortunately, these items are priced based on his investment and cannot be lowered. 

Added Discounts on Purchases:

In addition to the excellent prices for many of the items on the website, you can get additional discounts based on the quantity purchased.

Silver can be discounted between 1.3% and 2.5% up to 999 oz purchased in one transaction. Higher discounts are available if you purchase more. 

Gold, Platinum, and Palladium can be discounted between 0.70% and 1.10% when purchasing up to 19.9 oz. If you wish to purchase above 20 oz of fine metals contact the office for additional discounts.

Website Pricing:

Website pricing is based on two factors - 

1. Cash Price - this is paying with a personal check, money order, cashier check, or wire transfer - the cash price is the best
2. Credit Card - choosing a credit card or debit card as a payment option will push your cost up 3-5% from the cash price. This additional charge covers the cost of the C.C. service provider - they encourage you to use a cash option. 

Wholesale Pricing:

Montana Rarities offers wholesale pricing. If you are looking to purchase over 10 ounces of gold or 300 ounces of silver you will get wholesale pricing as Montana Rarities will be drop shipping from a metals fulfillment center. Contact MR via email or phone for pricing. 

Montana Rarities Shipping Cost and Order Process

Shipping can be the same day for immediate payment or the next day for payments made after noon MST. Personal checks or other checks may require a hold period of up to 10 days from the date payment is received. 

Order Processing:

Montana Rarities may contact any individual making an order to confirm identity-reducing fraud. In addition, if orders are made where Montana Rarities cannot fulfill the order those that made the order will be contacted to determine the next steps. Orders can potentially be filled with another item or canceled. The decisions will be up to those that placed the order.

Orders are shipped immediately if in stock and processed by Montana Rarities. Delivery time is typically between 2-4 days. Orders drop-shipped from a precious metals wholesaler are usually shipped within 2-4 days depending on availability and how busy they are. 

Shipping Fees:

All orders under $999 will be assessed a shipping and handling fee of $29. 

For orders above $1000, there are no shipping and handling charges.

Again, this small-town, small-store attitude is what attracts us to Montana Rarities. Mark states; "A minimum order requirement is not very customer friendly so this is how I balance it. You get to choose- pay the fee, increase the order to be over the threshold, or just not place an order."

Mark's statement is so straightforward. He wants your businesses but, hey go elsewhere if you don't like it. 

Shipments are fully insured. Orders are sent via USPS First Class Package and Priority Mail. US Postal Services is used as they allow for the shipping of precious metals whereas some other services do not. Orders over $400 will require a Signature Confirmation on delivery. 

Gold and Silver IRAs Explained

A Precious Metals IRA, also known as a Gold IRA, is an investment vehicle specifically designed for retirement savings that allows individuals to hold physical precious metals within their retirement accounts (IRAs). 

While traditional IRAs mainly consist of stocks, bonds, and mutual funds, a Precious Metals IRA offers the unique advantage of including precious metals like gold, silver, platinum, and palladium.

Investing in a Precious Metals IRA is popular among individuals seeking to diversify their retirement portfolios. Precious metals have a historical track record of acting as a hedge against inflation and economic uncertainty. Unlike stocks and bonds which can experience significant volatility, precious metals tend to retain their value and even appreciate during uncertain market conditions.

To establish a Precious Metals IRA, it is necessary to work with a reputable custodian or trustee who specializes in these types of accounts. They will provide guidance and support throughout the setup process, including handling the required paperwork. Once your account is active, you can fund it through direct transfers or rollovers from existing retirement accounts.

Once the funds are in your Precious Metals IRA, you have the option to purchase physical precious metals such as gold or silver coins and bars through an approved precious metals dealer designated by your custodian. It is crucial to ensure that the metals meet the quality standards and requirements set by the IRS.

However, it is important to note that Precious Metals IRAs are subject to the same contribution limits and distribution rules as traditional IRAs. Withdrawing funds before reaching the age of 59½ may result in penalties and taxes.

In summary, a Precious Metals IRA offers individuals the opportunity to add physical precious metals to their retirement portfolios, providing potential diversification and a safeguard against economic uncertainty. To begin, seek guidance from a reputable custodian or trustee who will assist you in navigating the process and ensuring compliance with IRS regulations.

Montana Rarities Precious Metals IRA

As an added option, Montana Rarities offers the convenience and knowledge that comes with working with custodians for SDIRAs. IRA metals are available for purchase and they have the resources necessary to assist in the facilitating of the metals you wish to purchase. 

Montana Rarities would be a good option when shopping for metals to place in your IRA. But, make sure you are considering all the factors.

1. Montana Rarities is not a gold or silver IRA specialist - meaning they don't have the extensive background and business practices that come with operations between the custodian and the depository.
2. Montana Rarities does not offer the extensive education and resources that are typically provided by true IRA dealers.
3. Montana Rarities is a small business and therefore could be a problem if they shut down. Mark is already backed off from a full-service online retail store. 
4. There is no indication of the depth of understanding and knowledge Montana Rarities and their representative brings to the table for retirement accounts and IRA procedures.
5. Choosing a Gold or Silver IRA Dealer who will give the best buyback price. Will Montana Rarities buy back the metals you purchase?
6. Does Montana Rarities cover the Fees of an SDIRA or offer Free Silver for new accounts being opened? Larger, more established Precious Metals Dealers who work with IRAs offer bonus options. 

If you choose to use Montana Rarities for your new self-directed IRA they will put you in contact with Strata Trust Company. Strata Trust Co will be your custodian. They will open the account and help with the paperwork. Once an account is opened and funded Montana Rarities will get a notification and you can then choose the metals you wish for your IRA. 

How To Choose the Best Gold and Silver IRA Company

When it comes to choosing the best Gold IRA dealer, there are a few key factors to consider.

First and foremost, reputation is crucial. Look for a company with a solid track record and positive customer reviews. Experience is also important. Opt for a company that has been in the precious metals industry for a significant amount of time and holds the necessary licenses and accreditations.

Storage options matter as well. Ensure that the company has strong relationships with secure and insured storage facilities for your precious metals.

Transparency is another vital aspect to evaluate. The company should be transparent about fees, pricing, and the buying/selling process.

Lastly, customer service is essential. Seek a company that provides responsive and knowledgeable support to address your concerns. By carefully assessing these factors, you can select the best Gold IRA company that aligns with your investment goals and provides a trustworthy platform for safeguarding your retirement savings.

What are the Precious Metals Requirements for an IRA

Choosing a physical metals IRA is a good way to hedge inflation and safeguard your retirement savings. But making the right choice on which bullion to purchase will be most important. 

You can hold any gold, silver, platinum, or palladium product that meets the following purity requirements in your SDIRA:

• Gold fineness of .995 or 99.5% pure
• Silver fineness of .999 or 99.9% pure
• Platinum fineness of .9995 or 99.95% pure
• Palladium fineness or .9995 or 99.95% pure

Products not within these minimum range requirements (excluding American Gold Eagles) are not approved for IRA contributions. 

Non-approved coins would include pre-1933 gold, gold Krugerrands, and 90% US Silver coins. No collectibles and rare coins are allowed in the IRA.

Check with your custodians for what they allow. Different custodians will have different rules in place for what they will work with. One such requirement may be the mint being ISO 9001 certified. 

Final Thoughts on Montana Rarities

When you are searching for an online gold dealer, stop at the Montana Rarities site and check out what is in stock. Analyze and compare pricing against other online dealers and determine if they are a good option for you. 

Remember when comparing pricing there are a few things to consider. 

1. Are you paying with cash or with a credit or debit? When you pay with a C.C. you will be paying a higher price or premium for the item. Pay with cash or a personal check whenever possible to lower your acquisition cost.
2. Are you paying shipping and handling fees? Paying for any shipping or handling fees will again increase your acquisition cost and you will never recoup that cost.
3. What is the premium for the item you are buying? Comparing the premium price could influence paying a CC fee or shipping. You have to figure out your complete acquisition cost. 

Our opinion is yes Montana Rarities should be a call you make to buy precious metals for home storage. They provide quality products and it appears that they are open and honest with their customers.

We however cannot recommend them as a Gold IRA Dealer. It is our opinion that the lack of visibility online, product, and educational materials which are all important and influential when choosing an IRA Dealer to facilitate your IRA gold and silver purchases. You should work with the most reputable and credible gold dealer possible. 

Last thought, Montana Rarities is so under the radar they don't have a storefront, they don't have a BBB listing, and they don't have updated reviews from eBay or Facebook. There is little recent information to verify their credibility from customers or recent experiences with those purchasing their retirement IRA. 

Find out more about Montana Rarities on their website - Click Here and we'll send you over! 

If you want to get more information on Montana Rarities, click above. But if you're going to work with one of the Top Gold Dealers specializing in SDIRA's, keep reading!

If you are interested in a Gold IRA - then check out our review on Goldco. They are The Plug's #1 Gold IRA dealer recommendation. Here are our Top 5 Reasons Goldco should be your first call.

1. Exceptional White Glove Service
   Goldco walks customers through the rollover process, making it easy and painless. Direct sales of gold and silver are also offered to help protect and diversify cash and savings accounts.
2. Industry Expertise and Resources
   Goldco's The Ultimate Guide to Gold & Silver is only a small part of a library of excellent guides and reports available for free to customers and prospective customers. Customers can also access Goldco specialists and customer care teams through phone, email, and chat.
3. Dependable and Trustworthy
   Goldco has been a leader in the precious metals industry for over a decade. Built on an
   unwavering foundation of ethics, Goldco has an A+ rating from the Better Business
   Bureau, a Triple A rating from the Business Consumer Alliance, 5-Time INC5000 Winner,
   2021 Company of the Year and thousands of positive reviews from customers.
4. Special Customer Promotions
   Goldco offers multiple yearly promotions to help its customers maximize
   their purchases. Some examples of these promotions include reimbursement of IRA fees
   or providing a certain percentage of the transaction back in free silver.
5. Excellent Buyback Program
   Should a customer decide to sell metals purchased from the company, Goldco offers the
   best deal possible to ensure each customer is satisfied. Goldco is so confident about its
   buyback pricing that it urges customers to come to Goldco first.

Get Goldco's Wealth Protection Guide - The Essential Guide to Financial Security and get yourself on the road to precious metals ownership. Click the Learn More to get started.

Who Is Monarch Precious Metals

Monarch Precious Metals was founded in 2008 as a response to the increasing demand for home storage of gold and silver bullion. They are currently located in Medford, Oregon and it is a family-owned and operated business owned and managed by Daniel Anthony. 

Monarch Precious Metals buys and sells silver, gold, and copper bullion. They pour and mint their own branded metals in various forms and collectible patterns. 

Monarch Precious Metals is not a Gold or Silver IRA Dealer. They are not a good option for those looking to source gold or silver with retirement savings. Get FREE Silver from The Plug's Number #1 Gold IRA Company when you qualify to open a New Precious Metals IRA. Interested? Click Here and we'll get you started. 

Monarch Precious Metals sells its own products online. In addition, they have a few additional items including junk silver, penny bags, and penny rolls available on their website. 

All purchase transactions are conducted online on their website.

www.monarchpreciousmetals.com and their local phone number is 1-541-414-1676 if you wish to contact them.  

What Does Monarch Precious Metals Do?

As a private mint and refinery, Monarch Precious Metals produces its own unique bullion pieces to sell to other online retailers of precious metals and to offer to the public on its website. 

Here are a few examples of products you would see on the Monarch Precious Metals website:

While Monarch Precious Metals initially started off as a coin dealer, they have grown to a full-service precious metals refiner and minting company. 

While they sell their product line on its website, they also buy precious metals and silver products they can melt to make more bars and rounds.

On their website, they indicate they will buy back any Monarch-branded product at 99% of the current spot price. They will also consider buying other bullion, but not guaranteed. The price for other branded items could be between 95% and 98% of the current spot price. You can request a buy price by opening an account and submitting a request via email. 

Monarch Precious Metals is not in the business to buy numismatics and rare coins. They are not interested in buying 90%, 40%, or 35% silver U.S. coins or any platinum or palladium. 

What are the Differences Between Private Mint vs. Sovereign Mint

Understanding the difference between private mints and sovereign mints will help you decide if the items produced are worth pursuing and purchasing. 

Private Mints:

Private mints are privately owned, mints like Scottsdale Mint, Monarch Precious Metals, and Golden State Mint to name a few. These private mints transform raw precious metals through the refinery process to produce finished products for sale. Those finished products could be cast or minted gold or silver bars, silver, and gold rounds, and they even produce collectibles that interest the public including skull heads, arrowheads, copper dice, copper dominoes, and more.

When determining if a privately cast or minted item is worth buying you want to verify the purity of the precious metals. You are looking for purity levels of .999 for gold, .9999 for silver, and .9995 for platinum and palladium. 

In addition, items from private mints will sell based on their metals content and their premium. There is no face value for privately minting products. Rounds are often referred to as coins, but a coin is produced by a sovereign mint and has a face value. 

The premium attached to privately minted items is based on the cost to construct the item and expected demand. If you find an item priced below the current spot price of gold or silver, you should be cautioned to examine and determine the actual metal content before you buy. 

Sovereign Mints:

These mints are backed by the government issuing the coins. Sovereign mints are for example the U.S. Mint, The Perth Mint, The Royal Canadian Mint, and others. 

The primary difference between a private mint and a sovereign mint is the finished product. Private Mints produce rounds that have no face value and Sovereign Mints are coins that have a face value stamped on the coin.

If at any time gold or silver spot price would decline to $0 per troy ounce, a privately minted round would only have the value as a collectible. The silver or gold would be worth nothing. But, a coin from a sovereign mint will always have value as it is struck with face value. Therefore, a $1 silver or gold coin would be worth at least $1 for its entire life. 

An example of a coin produced in the U.S. would be the American Eagle Silver Bullion coin. These are produced by the U.S. Mint and circulated to retailers across the United States to sell into the market. The U.S. Mint does not sell bullion coins directly to the public, however, they will sell Proof sets and special minted coins not intended for circulation but for collectors. 

Current Offerings at Monarch Precious Metals

As previously mentioned, Monarch Precious Metals produces rounds, bars, and collector items. They often come out with a unique gift ideas, and they also offer supplies including coin holders and tubes. 

Monarch Metals Silver Offerings:

Monarch Precious Metals Silver Building Blocks

One of the fun and enjoyable Silver stacking items Monarch produces is their 1 and 10 ounce .999 nines Fine Silver Block Bars.

Stackers can pick up these creative items and stack till they built a unique building or castle.

Monarch Precious Metals Gold

Is Monarch Precious Metals a Gold IRA Dealer

No, Monarch Precious Metals is not a gold IRA dealer. They do not sell gold IRA-approved coins or bars. It is not our recommendation that you choose Monarch's products to add to your gold or silver IRA. 

If you are interested in a self-directed IRA for your retirement savings, then check out our Gold IRA Companies drop-down at the top of the page. You can see who we recommend and you can click on the 5 Best Gold IRA Companies and review each. 

What is a Precious Metals IRA

A Precious Metals IRA, also known as a Gold IRA or Self-Directed Gold IRA, is a retirement investment vehicle that allows individuals to hold physical precious metals within their retirement accounts (IRAs). While traditional IRAs typically consist of stocks, bonds, and mutual funds, a Precious Metals IRA offers an alternative by including precious metals such as gold, silver, platinum, and palladium.

One of the primary reasons individuals choose to invest in a Precious Metals IRA is to diversify their retirement portfolios. Precious metals have historically demonstrated a unique ability to act as a hedge against inflation and economic uncertainty. When the value of traditional investments like stocks and bonds fluctuates due to market volatility, precious metals tend to retain their value and can even experience price appreciation.

To establish a Precious Metals IRA, you would need to work with a reputable custodian or trustee who specializes in these types of accounts. They will guide you through the process and assist with the necessary paperwork. Once your account is set up, you can fund it with either a direct transfer or a rollover from an existing retirement account.

Once the funds are in your Precious Metals IRA, you can choose to purchase physical precious metals, such as gold or silver coins or bars, through a precious metals dealer approved by your custodian. It's essential to ensure that the precious metals meet the requirements and purity standards set by the IRS.

It's worth noting that while a Precious Metals IRA offers potential advantages, there are also rules and regulations governing withdrawals and tax implications. Precious Metals IRAs are subject to the same contribution limits and distribution rules as traditional IRAs. Withdrawals made before the age of 59½ may be subject to penalties and taxes.

In summary, a Precious Metals IRA provides individuals with the opportunity to include physical precious metals in their retirement portfolios, offering potential diversification and a hedge against economic uncertainty. To get started, consult with a reputable custodian or trustee who can guide you through the process and ensure compliance with IRS regulations.

How to Choose the Best Gold IRA Company to Start My SDIRA

When selecting the best Gold IRA Dealer, there are several key points to consider. 

First and foremost, research the company's reputation and track record. Look for a company with a solid history of customer satisfaction and positive reviews. It's also essential to assess the company's experience and expertise in the precious metals industry.

Find out how long they have been in business and if they have the necessary licenses and accreditations. Additionally, consider the storage options they offer.

A reputable Gold IRA company should provide secure and insured storage facilities for your precious metals. Transparency is another crucial factor to consider. Ensure the company is upfront about fees, pricing, and the process of buying and selling metals.

Lastly, excellent customer service is vital. Look for a company that offers responsive and knowledgeable support to address any concerns or questions you may have. By carefully evaluating these factors, you can choose the best Gold IRA company that aligns with your investment goals and provides a secure and reliable platform for your retirement savings.

Final Thoughts on Monarch Precious Metals

Our opinion of Monarch Precious Metals is they are a small minting facility that while producing primarily silver bullion and copper collectibles they are not the most favorable company to purchase a large quantity of IRA Gold Silver or other precious metals for collection. 

They have a niche, producing their own products and selling them to other online dealers for sale to the public and they sell their own products on their website. 

If you are into silver stacking, Monarch's products would be a good addition. 

For those looking at Monarch Precious Metals branded rounds and bars, they are a U.S.-made product and they are based in Oregon and not a China knockoff product. You should not overlook their product, but as a private mint be careful how much you spend on your metals. These rounds and bars should be priced just over the spot with smaller premiums. Make sure you understand how precious metals are priced and which products demand a higher premium. When stacking silver you are most concerned about buying silver rounds and bars as close to the spot price as possible. 

Contact Information for Golden State Mint:

Purchase online 24/7 - completely secure website www.goldenstatemint.com 

Email - customer support @ support@goldenstatemint.com

Email - Dealers/Wholesale @ sales@goldenstatemint.com

Phone Trading Hours:

Toll-Free - 800-320-8260 Monday - Friday 8:00 am - 5 pm EST (closed bank holidays)

Golden State Mint does not have a physical address listed on its website. In addition, they mention there is no business location for in-person sales. All sales are completed online via the phone or through their website. 

Before we continue on with Golden State Mint's Review:

It's tough to determine which precious metals dealer is reputable and reliable for your investment needs. The Plug aims to provide you with as much useful information as possible to shorten your decision-making process. The Best Gold IRA Dealers want to educate and inform their clients. We've broken down a list of the Top Gold and Silver IRA Companies for your review. 

What Products or Services Does Golden State Mint Offer

When working with GSM you have the opportunity to purchase gold and silver rounds and bars that are sold direct from the Mint. The private Gold State Mint offers its products for sale on its websites. They also offer additional bullion that they do not mint including coins, collectibles, and supplies. 

Their slogan is you get the gold and silver at discounted prices (lower premiums) since you are buying from the Mint. 

In addition to offering the GSM-minted coins and bars, they also work with customers who are buying using their SDIRA. If you don't have a self-directed Gold IRA you are able to work with Golden State Mint to open a new IRA account. 

Gold and Silver Coins Offered:

• $20 Liberty Gold Double Eagle Coin AU
• $20 Saint-Gaudens Gold Double Eagle Coin BU
• 1 oz American Gold Buffalo Coin BU
• 1 oz American Gold Eagle Coin BU
• 1 oz Canadian Gold Maple Leaf Coin
• 2020 1 oz Australian Gold Kangaroo Coin
  
• Morgan Silver Dollar Coin BU
• Peace Silver Dollar Coin BU
• 1 oz Silver American Silver Eagle Coin

Not all coins are listed as there are too many to mention. Check out the GSM Golden State Mint website for more offerings.

Gold Rounds Offered:

• 1 oz Aztec Calendar Gold
• 1 oz Bitcoin Gold Bullion Round
• 1 oz GSM Gold Eagle Bullion Round
• 1 oz Incuse Indian Gold Round
• 1 oz Litecoin Gold Bullion Round
• 1/10 oz Incuse Indian Gold Round
  

There are fewer gold rounds on the market than silver rounds. This is true because the cost to acquire gold is much higher than silver. While there are only six bullion gold rounds found on the website they offer a variety of gold coins. 

Silver Rounds Offered:

• 1 oz AG-47 BU Silver Round 2023
• 1 oz 9/111 Remembrance Silver Round 
• 1 oz Apollo 11 50th Anniversary Proof Silver
• 1 oz Apollo 11 50th Anniversary Silver Round
• 1 oz Aztec Calendar Silver Round
• 1 oz Bankster Justice BU Silver Round
• 1 oz Bitcoin Silver Round
• 1 oz Buffalo Silver Round
• 1 oz President Donald J. Trump Proof Silver Round
• 1 oz Pope Francis Silver Round
• 1 oz Lincoln Wheat Cent Silver Round
• 1 oz Morgan Silver Round
• 1 oz Happy Birthday Silver Round
• 1 oz Happy Graduation 2023 Silver Round
• 1 oz Justice BJ Silver Round
• 1 oz Competition is a Sin Proof MiniMintage Silver Round
• and much more

Gold and Silver Bars Offered:

Golden State Mint produces a wide range of Silver Bars stamped with GSM or Golden State Mint. The gold bars we found on their website are from a variety of different mints including Royal Canadian Mint, Argor-Heraeus, PAMP Suisse, The Perth Mint, and Valcambi Gold Bars. 

• 20 Gram Perth Gold Bar
• 50 Gram PAMP Suisse Cast Gold Bar
• 50 Gram Valcambi Gold CombiBar (50 x 1 gram bars)
• 10 Gram PAMP Suisse Lady Fortuna Gold Bar
• 100 Gram PAMP Suisse Cast Gold Bar
• 1 Kilo Royal Canadian Mint Gold Bar
• 1 Kilo Gold Bar (various mints)
• 1 Kilo 32.15 Troy Ounce Silver Cast Bars
• 1 Kilo GSM Silver Car
• 1 oz Aztec Calendar Silver Bar
• 1 oz Den of Thieves Silver Bar
• 1 oz Duality Silver Bar BU
• 1 oz Golden State Mint Silver Bar
• 1 oz Samurai Silver Bar

Golden State Mint IRA Process

Choosing to purchase gold and silver for retirement using existing retirement savings in a 401(k) or IRA you will need to open a new self-directed IRA. 

Golden State Mint can assist with the process of opening a new IRA. They also will work with your current IRA Custodian and Depository.

Six-Part Process to Open a New IRA:

1. Begin by completing the precious metals IRA application packet
2. Make a contribution - rollover 
3. Work with GSM to determine the silver or gold for your IRA
4. Submit a buy direction letter to the trustee to request a purchase in IRA
5. Metals are transferred and stored in a depository
6. Monitor your account and updates

According to the GSM website, their preferred custodian is Equity Institutional. Here is the Fee Schedule outlined.

• Account Set-up Fees $50
• Annual Maintenance Fee $80
• Segregated Storage Fee $150 (year)
• Non-segregated Storage Fee $100
• Service Fee $30 for cashier's check certified mail, overnight mail
• Service Fee $75 for expedited process service fee
• Service Fee $15 for paper bill pay
• Service Fee $40 annual for paper statement
• Service Fee $75/hour for miscellaneous activity request
• Service Fee $25 for special handling fee
• $30 for funds wired
• $30 for stop payment
• $225 for termination 
• $10 per asset for Precious Metals Liquidation
• Coin Shipping / Handling Cost + $10
• Late Fees $50

Why Put Gold in Your IRA?

Gold in an IRA is used as a hedge against inflation. But it is more than that, it is used as a store of value when the value of the U.S. Dollar declines the precious metals gold or silver will be a stable physical asset.

Long-term investment involves buying physical assets such as Gold and storing them for later in life, which is easy to do in a gold IRA. Owning physical Gold takes the actions of government and market conditions out of your retirement savings. 

When banks collapse and government starts printing money Gold and other precious metals are your way to retain the liquid cash in a physical asset that cannot be taken from you. 

Choosing a Gold IRA is a good way to move current retirement savings to an account that you manage. You control the investments. Staying within the guidelines of IRS / IRA-approved bullion you can choose when, how much, and how often to buy. In addition, you're preserving your wealth for yourself in retirement and for your family after you've gone. 

Gold and Silver Pricing

Bullion is priced based on the Spot Price + Premiums. Since, the spot price fluctuates constantly throughout the day, typical transaction periods are short. Golden State Mint has a 5-minute window to purchase once an item is placed in a sales cart. After 5 minutes the price will change based on the adjusted spot price of that product.

As for silver pricing, since GSM produces a variety of rounds and bars, its premiums tend to be lower than that of traditional online gold and silver retailers. Having the minting process as part of their business, they are able to give buyers a discounted premium on their products.

GSM Order Process

To get started with Golden State Mint an individual needs to open an account. This is free of charge and provides the company with your information including name, address, phone, and email. 

Once you have your customer account you can choose your precious metals. You have 5 minutes to pick the coins or bars that you are interested in and purchase them before the price is modified. As the spot price is liquid GSM can only hold that price for 5 minutes. 

There are no minimum or maximum order sizes. But, based on the payment selected your order will be delayed accordingly before shipping.

All orders over $199 will have free shipping and insurance. Signatures are required for proof of receipt.

Once an order is made you are unable to cancel. You can sell your metals back to GSM based on their current buyback price. Not all orders can be bought back. 

Orders are mailed once payment has been confirmed and the product is available. Typically, the receipt of metals is within a few days. But, situations may occur that delay delivery.

Payment Options:

• Mail Check - needs to be received within 10 days or your order is canceled. The check will be deposed but your order will be held for 6-10 business days to ensure the check clears.
• Bank Wire - requires orders of $1,000 or more. Receipt of the bank wire is within 36 hours or your order is canceled. 
• Credit or Debit Card - is available for orders less than $10,000. 1 business day processing time after payment is received and verified. 
• Paypal - is available for orders $5,000 or less. 1 business day processing time after payment is received and verified.

Is Golden State Mint a Reputable Gold Dealer or Scam

Based on our findings, there is no indication GSM is a scam. They have been in business as a precious metals mint and dealer since 1974. While there is little information found on the Better Business Bureau website the company has a A+ rating and has been Accredited Since 2019. In addition, there are 4 reviews with a 5-star rating.

On Trustpilot, GSM has 2 reviews and a 3.8 out of 5 Star Rating. 

Overall, there is no information found that says the business is not reputable. But, like any purchase or investment, do your own due diligence and ask questions to be certain how the transaction and the pricing are determined. 

Final Thoughts for Golden State Mint

If you are a silver stacker looking for the best silver price from a private mint check out GSM. They have several rounds and bars to offer.

As a gold and silver precious metals dealer, they are favorable but maybe not the best company to work with for your Gold or Silver IRA. GSM's primary business is minting and selling its own products. Secondary is offering IRAs or IRA-approved coins. As a private mint, they are not allowed to make coins only rounds. While American Silver Eagles and privately minted rounds both have similar .9999 fine silver, coins have a face value and are minted by a sovereign mint like that of the U.S. Mint. 

As a secondary business, Golden State Mint sells coins and offers an IRA service. They are not specialists working with IRA custodians and when you are purchasing gold and silver using your retirement savings you should work with a company that specializes in facilitating a IRA transaction. 

Click Here and we will send you to Golden State Mint's website for more information. 

Who Is Bullion Exchanges?

Bullion Exchanges, also known as BE, is a precious metals retailer of bullion, collectibles, rare coins, numismatics, Proof coins, and rounds. They also sell unique silver collectibles, including bullets, guitar picks, rare coins, and junk silver, along with a variety of other items in-store. 

Bullion Exchange provides buyers an opportunity to come into their location in the Diamond District of New York City or purchase products online. 

Store Location:

30 West 47th Street, Store 1

New York, NY 10036, USA

Customer Services is Available Monday - Friday, 9 AM - 5 PM ET

Retail Store is Open Monday - Friday, 9 AM - 4 PM ET

Contact Phone # - 800-852-6884

Email - customerservice@bullionexchanges.com

About Bullion Exchanges

Bullion Exchanges is about providing bullion to those looking to add precious metals to their portfolio or those looking to collect unique numismatics, rare coins, or rounds.

Having both an online presence and a storefront, Bullion Exchanges provides the access and visibility necessary to sell coins, rounds, and bars.

Products at the Bullion Exchanges include gold, silver, platinum, and palladium. But those are not the only products and metals; they also have copper, Rhodium, currency, and additional collector products, including trading cards, currency, Bullion exchange exclusivesBullion Exchanges, with both an online presence and a storefront,, and more. 

Since 2012, Bullion Exchanges has provided customers with various precious metals at competitive prices. While touted to have 4.8 stars with ShopperApproved, they have less-than-favorable reviews with most sites.

What Else Does Bullion Exchanges Do?

At Bullion Exchanges, they offer the following services:

• Sell Gold and Silver for Cash - they purchase gold, silver, platinum, palladium, rhodium, even diamonds and scrap metal. 
• Price Match Guarantee - competitive website price matching. Restrictions apply.
• Rewards Program - members get 1 credit for every $1 spent. Their Bullionaire Bucks are stacked in your rewards account and you can redeem them at any time. 1,000 Bullionaire Bucks is worth $1 off your future purchase
• IRA Gold - Bullion Exchanges offers a Gold IRA program. They can sell you gold or silver qualified for your current self-directed IRA or you can start a new Gold IRA.

What is a Gold IRA?

A Gold IRA, also known as a precious metals IRA, is a specialized retirement account that allows individuals to hold physical gold and other precious metals as part of their investment portfolio. Unlike traditional Individual Retirement Accounts (IRAs) that typically hold stocks, bonds, and mutual funds, a Gold IRA offers the unique advantage of diversification through tangible assets.

By adding gold to their retirement savings, investors can hedge against economic uncertainties and protect their wealth from the volatility of traditional financial markets.

One critical feature of a Gold IRA is the ability to hold physical gold bullion or coins approved by the Internal Revenue Service (IRS). These IRS-approved metals include gold, silver, platinum, and palladium, and they must meet specific purity requirements.

• Gold Purity of 99.5%
• Silver Purity of 99.99%
• Platinum Purity of 99.95%
• Palladium Purity of 99.95%

With an SDIRA, you are the manager of the account and responsible for the investment decisions. While you manage the purchases and transactions, you are required to use a custodian when opening a self-directed IRA account. The custodian does not recommend investments for your self-directed IRA, they are responsible for the reporting and record-keeping of the investments. 

Once you choose a custodian, you can purchase precious metals from any dealer and have them sent to a secured storage facility, a.k.a. a Depository. IRS regulations restrict holding physical assets personally, and they must be stored in an approved facility. It would be best to work with a knowledgeable Gold IRA Dealer with the experience and knowledge necessary for IRA transactions. These companies will educate you, assist you with the paperwork, and guide you through the transaction process. 

Ultimately, a Gold IRA allows individuals to diversify their retirement savings by including physical gold and other precious metals. By doing so, investors can safeguard their wealth against inflation, geopolitical risks, and market volatility. Before establishing a Gold IRA, it is crucial to consult with a financial advisor or tax professional to understand the eligibility requirements, contribution limits, and tax implications associated with this type of retirement account.

Bullion Exchanges Preferred IRA Custodian and Depositories

If you have not opened a Gold IRA and wish to start one with Bullion Exchanges their process is relatively simple. You can start the application process online and once completed and funded, the preferred custodian will inform Bullion Exchanges and you can choose your metals, purchase them, and have them delivered to a depository.

Working with a company that does not specialize in Gold or Silver IRA is your choice but could be a risky decision. If you wish to get the most out of a Gold IRA you want to work with the best. Get more information on Gold IRA companies that specialize in precious metals SDIRA in our 5 Best Gold IRA Companies review. The top 2 options are all about educating their clients. The top two have higher minimum requirements because they want to educate their customers to understand the ins and outs of precious metals and how they benefit retirement savings before any purchase is made. 

Bullion Exchanges is not a custodian; they are a precious metals dealer. They can only facilitate the Gold IRA process, and as they are not an advisor, they cannot recommend any investments. While they legally cannot do more than transact your gold or silver purchase, they can help navigate the world of bullion to help make sure you are purchasing IRA-approved metals. Need help choosing a precious metals dealer? Check out our article on How to Choose the Right Gold or Silver Dealer for Your Savings. 

Bullion Exchanges Preferred Custodians:

• GoldStar Trust Company - based out of Canyon, Texas for 30 years
• Equity Trust Company - based out of Westlake, Ohio, and founded in 1974

Bullion Exchanges Preferred Depositories:

• IDS of Delaware and IDS of Canada (international) - approved depository
• SWP Cayman Islands - (Strategic Wealth Preservation) is based out of the Cayman Islands. 

You can open a new account with Bullion Exchanges using their preferred vendors or you can open a Gold or Silver IRA with a custodian of your choice and utilize the company to purchase your metals. 

How to Fund a New Gold IRA?

To fund a Gold IRA, two primary options are available: yearly contributions and rollovers from existing retirement accounts.

1. Yearly Contributions: Investors can contribute to their Gold IRA every year, subject to the current contribution limits set by the IRS. In 2024, the maximum contribution limit for individuals under 50 is $7,000, while those aged 50 and above can contribute an additional catch-up amount of $1,000 for a max yearly contribution of $8,000. By making annual contributions, investors can radually build their Gold IRA over time, acquiring precious metals to diversify their retirement portfolio.
2. Rollover from Existing Retirement Account: Another option to fund a Gold IRA is by rolling over funds from an existing retirement account, such as a 401(k) or a traditional IRA. This method allows investors to transfer funds directly from their current retirement account to a Gold IRA, providing a higher initial available capital to acquire more precious metals from the start. Rollovers also offer the advantage of maintaining the tax-advantaged status of the funds, as long as the transfer is done correctly and within the guidelines set by the IRS.

By utilizing a rollover, investors can take advantage of accumulated savings in their existing retirement account to kickstart their Gold IRA and potentially acquire a more substantial amount of precious metals initially, enhancing the diversification and potential growth of their retirement portfolio.

In summary, funding a Gold IRA can be accomplished through yearly contributions within the IRS-established limits or by rolling over funds from an existing retirement account. There are no penalties for completing a rollover from an existing account as long as the funds are deposited within 60 days to your new Gold IRA.

The option of rollover allows investors to start their Gold IRA with a higher initial available capital, enabling them to acquire a greater quantity of precious metals right from the beginning. It would be best for you to consult with a financial advisor or tax professional to make sure that you comply with IRS regulations and to make informed decisions based on individual circumstances.

What Gold and Silver Products Does Bullion Exchanges of New York City Offer

Bullion Exchanges have a variety of gold and silver coins, rounds, numismatics, and bars. In addition, Bullion Exchanges offers the Goldback Notes. These unique bills are infused with 24 carrot gold. Used both as a collector item and currency in specific stores, the Goldback Notes are a wonderful addition to your home storage or you could give them away as gifts. 

Is Bullion Exchanges a Reputable Gold Dealer

Reputation is built upon the backs of satisfied or unsatisfied customers. Today, word of mouth doesn't account for much and public forums and review services are where we get our information. The Bullion Exchanges has a mixed review. While they do have some positive reviews of people buying either online or in their store, there are several negative reviews also. 

Special Note Before Continuing: Review services are both a good source for quality information and a bad source for anyone with any grievance to have a forum to post negatively about a business. You must take into consideration all the information. Some sources like the BBB require businesses to pay for their accreditation status. And with the BBB an A+ rating looks good, but you need to check the star rating and reviews. Look out for those companies spending money for paid positive reviews. You find many of these types of reviews on Google and Facebook.  

Better Business Bureau (BBB)

• A+ Rating
• Accredited Business since December 17, 2015
• 2.55 out of 5 Stars
• 11 Customer Reviews Submitted
• 12 Complaints closed in the last 3 years
• 1 Complaint closed in the last 12 months

Yelp

• 55 Customer Reviews
• 3.5 out of 5 Stars
• Yelp does not allow businesses to pay to remove or alter reviews

Trustpilot

• 1,007 Reviews
• 3.7 out of 5 Star Rating

There has been a mix of review complaints. Some complaints indicate the product sold was not the product received. Looking for ASE-certified coins in ASE tubes and requested, but receiving something else. In addition, there were issues with the delivery of packages. Several issues here referenced not receiving their package and unknown signatures. While Bullion Exchanges is responsible for the delivery sales under a certain amount don't require signatures. In many cases, the company relied on the buyer to get police reports and jump through hoops to prove they didn't receive the package. The customer service appears fair when it comes to package delivery issues and buyers beware with home delivery.

Overall, the reviews are found to be enough to concern yourself with your buying decisions. The company has been in existence for many years and they have a physical address, but their reputation appears normal for many online gold retailers. 

Final Thoughts on Bullion Exchanges

A slightly confusing business name, Bullion Exchanges plays off the common name for gold and silver i.e. Bullion and the New York Stock Exchange "Exchanges". While catchy, the online bullion market is for gold and silver products. 

The business has existed for over ten years, and they have a presence online and in the Diamond District of New York City. Customers can walk into their store and buy coins, collectibles, IRA Approved Coins, and more. 

You can choose to work with Bullion Exchanges online to purchase your gold or silver for an SDIRA. They also offer the opportunity to join their community through their rewards program. 

While not every business will have the best overall reviews, the public should be knowledgeable of past experiences and work with the company to ensure the safe purchase and delivery of your bullion. 

Do your due diligence before buying to ensure you are fully aware of and understand the process. Ask questions and get all your answers before investing in precious metals. 

Amac (American of Mature American Citizens) is an association for those Americans who believe in the founding Fathers' vision for our Constitutional Republic. Started by Dan Weber in 2007, AMAC grew from concerns for America's seniors, and the realization that good information, trusted insight, reliable news, and an all-American source of grounded guidance were missing. Their mission states "Driven by the vision of our nation’s Founders, we strive to enrich the lives of all Americans by defending and upholding the inalienable rights secured by our Constitution, providing value through exceptional benefits and services, and delivering trustworthy news and information".

Before you run off to First Fidelity Reserve to buy gold and silver, finish reading this review. Their maybe a better Gold Dealer option that would be a better fit for you. 

First Fidelity Reserve:

Address: First Fidelity Reserve, 130 Shakespeare Beaumont, Texas 77706

Telephone: 800-336-1630

Email: customerservice@firstfidelityreserve.com

Website: www.firstfidelityreserve.com

While First Fidelity Reserve is a long-standing business both online and in a physical address in Beaumont, TX, they do have some negative reviews and overall star values with several different organizations. Read on to see what is said on the BBB, Google Business Profile, and other review sources.

First Fidelity Reserve AMAC

When you want to buy rare coins and numismatics look at First Fidelity Reserve as a viable option. Their website has products ranging from unique collectibles to IRA-approved coins. 

When buying coins, especially rare coins and numismatics you want to know the guy valuing your items is knowledgeable and experienced. 

At First Fidelity Reserve Dr. Mike Fuljenz is providing that security. 

Dr. Mike Fuljenz is Owner and Expert:

Dr. Mike Fuljenz, is renowned as America's Gold Expert® and the esteemed Numismatic Consultant at First Fidelity Reserve®. With an exceptional track record, Dr. Fuljenz has garnered over 60 prestigious national and regional awards for his remarkable contributions to educating and safeguarding consumers in the realm of rare coins and precious metals.

His unparalleled expertise has been widely recognized, earning him accolades such as the Best of the Year awards from both the Numismatic Literary Guild and the Press Club of Southeast Texas. In 2013, he received the distinguished Clemy Award, the highest honor bestowed by the NLG. Dr. Mike Fuljenz is frequently sought after as an expert guest on prominent business and personal finance programs like Fox Business Network and CNBC. His insights have been featured in esteemed publications including The Wall Street Journal, USA Today, Kiplinger's, and the Los Angeles Times, making him a trusted source within the industry.

The wealth of knowledge and experience possessed by Dr. Mike Fuljenz, coupled with his numerous accolades and distinguished service, make him an invaluable asset for numismatic and rare coin buyers. Working with a company under his leadership ensures access to unparalleled expertise, consumer protection, and a commitment to excellence in the field of rare coins and precious metals.

Benefits of First Fidelity:

• Free insurance during the shipping of precious metals
• Signature required to confirm delivery
• Pay by Credit or Debit Card - for quick and easy shopping
• Option to Pay by Personal Check  or Bank Wire - holds required prior to shipping
• Free shipping for online orders over $199.00
• 30-Day 100% Satisfaction Refund Policy - check the fine print, this doesn't include bullion or special orders - verify before you buy
• Discount of 3.85% if you pay by check, money order, cashier's check, or wire for online store orders. 
• Willing to Trade bullion or coins
• Buy Gold, Silver, Platinum, and coins

First Fidelity Reserve Silver

Featured Products:

Latest Products:

Rare Coins:

When you are shopping, the First Fidelity Reserve offers online pricing so you can see what the price is and make a purchase online if you choose. Contact the office if you are looking for a unique or one-of-a-kind coin, something other than what is offered online or if you wish to sell your numismatics and rare coins.

Gold and Silver Coins Offered Online:

How to Buy Gold and Silver from First Fidelity Reserve

If you find a coin, round, or bar on the First Fidelity Reserve website you can purchase it immediately by clicking Add to Cart. If you are not comfortable purchasing online contact First Fidelity on their 800 number and talk with a representative. 

First Fidelity Reserve takes payment online via credit card, cashier's check, personal check, or a money wire. Here are some of the requirements, check on their website for more information. 

• Open an account with First Fidelity Reserve - get the benefits of pre-authorized credit cards and historical payment processing. In addition, you can get special offers and promotions via email as an account holder. 
• Pay by credit card or personal check, money order, cashier's check, or bank wire.
• 3.85% discount if you pay by check, money order, cashier's check, or wire - discount does not apply to credit card transactions, phone orders, and some promotional offers
• Checks, money orders, cashier's checks, or wire transactions may require holding your metals before delivery for up to 15 days or longer. 
• 30-Day Cancellation Policy - restrictions apply - 100% guarantee of satisfaction - verify if your order qualifies
• First Fidelity Reserve offers FREE shipping for orders $199 or more
• First Fidelity Reserve insures all packages during shipping and requires a signature for certain transaction limits. 
• Transaction Prices are Locked In at the Time of Purchase for online or credit card orders - your payment is due in 5 business days from the date of order if you are paying by check or money order. However, your payment is locked in by Credit Card even if you are paying with a check.

Is First Fidelity Reserve a Reputable Gold Dealer?

When you consider the term "reputable" as a company having a good reputation, then we need to consult the review services and find out what others say about a business. At The Plug, all our reviews include a section that involves checking online review service and looking for complaints along with reading the positive and negative reviews. We base our opinion on the overall consensus of information to determine if the business is "reputable". 

In our research, we found that while First Fidelity Reserve has been in business for over 35 years, there is little found from sources such as Yelp, Trustpilot, TrustLink, or the Business Consumer Alliance. These forums are where many of the reviews are found and complaints are logged. Their Facebook page for the business doesn't even have its "review" feature enabled for customers to provide reviews for others. 

Two places where we found information for the business were the BBB (Better Business Bureau) and the Google Business Profile. Here is what we found from these sources:

Better Business Bureau:

• Customer Reviews of 3 
• Overall Star Rating of 1 out of 5
• A+ Accredited Business (this has nothing to do with the reviews)
• 5 Complaints closed in the last 3 years
• 2 Complaint closed in the last 12 months

The complaint this year was based on bad customer service. The complaint was resolved to the complainant's satisfaction. Another complaint was about the timing of shipping. It appears both responses by the company are similar, that the product wasn't available for immediate shipping. Check complaint information by clicking here.

Google Business Profile:

• 42 Google Reviews
• Overall Star Rating of 3.7 out of 5

The most recent review left spoke about the company being a Coin Collector and telling the reader to be watchful of the coins they are trying to sell you. Many reviews are positive 5 out of 5 stars with customers satisfied with their transaction. Another complaint said they offered 23% below what a customer had purchased the coins for originally. Check out their Google Business Profile by clicking here.

First Fidelity Reserve is a member of their local Chamber of Commerce and has 39 reviews here with a 3.5 out of 5 stars.

Special Note About Reviews: when checking the reputation of a business review services are one way to get to know a business. The more reviews the more responses you can read. But, be cautious of reviews. There are services businesses will use to pump up positive "fake" reviews to get a higher Star Rating. In addition, the competition or just internet trolls will put negative reviews on pages, even though there was no transaction, just to make a business look bad. So, use reviews, but use them as part of your understanding of a business and your trust in a company will only come from the actual transaction YOU have with them. 

If you are buying gold or silver within your SDIRA, then you should contact our #1 choice for Gold and Silver IRAs. 

Knowing what others experienced with First Fidelity Reserve you may choose to find an alternative Gold Dealer for your transactions. There are hundreds of online gold dealers and there are extremely reputable Gold IRA companies. Choosing which is best for you is based on your buying plan. Are you looking to conserve your wealth and cash and buy gold or silver as a hedge against inflation and the devaluation of the dollar? Then you may need to look at The Plugs Best Gold IRA Dealers and contact one of them before you buy. 

If you are looking to just buy gold or silver coins for stacking, check out this online retailerof gold and silver and see if they are currently offering what you are buying. 

Buying Gold and Silver in a Self-Directed IRA

The precious metals market can be challenging and confusing at times. The decision you have to make is whether you are an investor looking to use a retirement account like a self-directed IRA or are you a collector who likes to own numismatics and rare coins. You could be both, but few are because of the knowledge and educational requirements to be an informed buyer.

A gold or silver IRA is a great option if you are wanting to invest with existing retirement savings by placing a portion of that savings into physical metals like gold and silver. 

There are tax advantages of holding metals in an IRA including pushing off paying tax on the appreciation of assets until later when your tax bracket is lower. 

The SDIRA is self-managed by you, with the assistance of a custodian who tracks the purchases and completes the necessary paperwork to make sure you are staying compliant with the IRS rules. 

When choosing a self-directed IRA for your physical gold or silver you will want to work with the most reputable companies. Gold Dealers who specialize in Rollovers and precious metals that are IRA/IRS approved. 

Is a Gold IRA right for you? That is a personal decision that you should not be pressured into deciding or investing right away. Getting informed is best and then choosing a reputable Gold Dealer is where you want to start. Our 5 Best Gold IRA Companies article would be a good source to see who we believe are good and reputable Gold Dealers. 

Does First Fidelity Reserve specialize in Gold IRAs? Based on our research they know Gold IRA and they sell products that would qualify for a SDIRA. But, they are a coin dealer and therefore when you work with several numismatic, rare coins, and bullion you cannot be an expert and have all the necessary qualified coins for an SDIRA. But, don't overlook them as a good source to check prices against other coin dealers. 

Final Thoughts on First Fidelity Reserve

While we do believe First Fidelity Reserve can assist buyers of gold and silver products, their overall reputation of providing the best customer service is about average. In addition, their premiums above spot are many items online appear to be higher than competitive online retailers. In the precious metals industry, there are few companies with no complaints. If the business has been around long enough they probably have several complaints. 

As a business that started as a coin store in Texas, they moved to the internet to sell products online. Many local dealers have gone through this process over the past 10 years and these local coin shops are a good source for education if you can get into their stores. 

We think they are not a shady business, but they are a business and that means making money. They offer discounts to Amac members, which is a good thing, but make sure you are not overpaying on "specialty" items or numismatics that are worth little more than the spot price of the metal. 

Coins, Bullion, Proofs, Numismatics, and Rare Coins are all valued differently. The spot price can tell you what the melt price of that item might be worth, but when you are working with rare coins and numismatics you are buying based on rarity, demand, and supply. Premiums will vary, buying IRA-approved bullion is some of the easiest to prices to understand. You are paying a spot price + premium for this type of coin or bar. But rare coins and numismatics can have a higher premium because of the coins. 

Be cautious when buying gold or silver or any other precious metals. Do your due diligence before buying. If you're not sure what questions you should ask, start with these 42 questions we put together. 

The Plug nor any company we speak of here on our website are not investment advisors. The Plug is a source for readers to gain an understanding of precious metals and how they can be purchased through an IRA or with savings. No person should buy precious metals if they don't understand how they can be of benefit to them in the future. Rarely, can you buy precious metals coins, or bars and make a profit in the short term. 

About JM Bullion

JM Bullion is a subsidiary of A-Mark Precious Metals. A-Mark Precious Metals, which was founded in 1965 is an integrated platform that offers wholesale and direct to consumer gold, silver, platinum, palladium, copper bullion, numismatic coins, and collectible precious metals. 

A-Mark is an authorized United States Mint precious metals buyer who purchases bullion directed from the mint. In addition, they have relationships with other sovereign mints including Australia, Austria, Canada, China, Mexico, South Africa, and the United Kingdom. 

Purchased originally under the A-Mark Precious Metals name, they are able to sell these products through their distribution direct-to-consumer channels including JM Bullion. We've also reviewed three of the other online retail channels they sell through i.e. Provident Metals, BGASC (Buy Gold and Silver Coins), and BullionMax.

What Services Does JM Bullion Provide

While JM Bullion's primary business is selling precious metals and collectibles. They offer other services that investors or individuals might be interested in. 

Loans:

JM Bullion parter Collateral Finance Corporation (CFC) has a program where investors can borrow against gold and silver using their existing bullion as collateral. Get cash out without selling your assets. There are restrictions and varying interest rates and terms. Contact a representative to get more information.

Auto Buy Program:

Just like making monthly payments for your mortgage or cable t.v. service, JM Bullion has an automated monthly Auto Buy program. If you struggle to commit to monthly investing this could be a good option. The program helps individuals become investors by saving time, helps dollar-cost-average your precious metals purchases, and allows you to invest based on your budget. Here is how it works:

1. Choose Your Product - choose from a variety of products offered, but need to be eligible
2. Select Purchase Frequency - do you want to invest weekly, bi-weekly, or monthly
3. Set Up Payment Method - choose your preferred payment method

Frequently Asked Questions for Auto Buy Program:

Want to know more about the restrictions and requirements of the Auto Buy Program? Check out the JM Bullion page here. 

Charts:

If you are looking to see what the current price for gold, silver, platinum, palladium, or even Bitcoin then their page on Live Prices is a good place to start. 

JM Bullion gives individuals an opportunity to get set up on email to get alerts for Spot Price Movement.

The charts also allow investors an opportunity to look at the historical pricing of the metals. Is the price of Silver today better than a year ago or 10 years ago? Take a look at the charts to find out. 

Sell to JM Bullion:

Ready to liquidate a few coins or bars? How about that IRA portfolio? JM Bullion will buy your Gold and Silver Bullion. How does the process work?

• Get a Quote or Lock in a Price - use the online platform or contact a representative letting them know what products you have for sale.
• Ship Your Products to JM Bullion - once a sale price has been locked in you will get an email letting you know your mailing instructions.
• Receive Payment - after receipt, the JM Bullion inventory team will inspect the product and if approved they will issue your payment.

IRA:

JM Bullion can work with your current custodian IRA or help you start a New Gold or Silver IRA. Working with their recommended custodian help with the process of getting started. JM Bullion has a list of both popular and approved IRA Gold and Silver products. Knowing the restrictions for IRA metals helps make you more informed. 

JM Bullion Custodian:

JM Bullion works with several custodians to set up your self-directed IRA. One is the New Direction Trust Company. Fees for custodians and setup will vary, check with New Direction Trust Company first before you choose this route. 

JM Bullion Depository:

A-Mark Precious Metals owns Transcontinental Depository Services, LLC. When you purchase precious metals through your IRA you are not allowed to store the gold or silver at home. You must store it in a depository or vault. JM Bullion recommends Transcontinental Depository Service, but you have the option to choose a depository of your liking. 

Should You Buy Gold or Silver Today? Click Here for our Opinion!

What is a Gold or Silver IRA?

Imagine a world where your retirement savings not only protect your financial future but also possess the timeless allure of precious metals. Enter the realm of Gold and Silver Individual Retirement Accounts (IRAs) – a revolutionary way to secure your wealth and diversify your investment portfolio.

A Gold or Silver IRA is a specialized retirement account that allows you to allocate a portion of your funds toward physical gold or silver assets. These tangible treasures, known for their intrinsic value and stability, provide a safeguard against market volatility and inflation. While traditional paper assets can be susceptible to economic fluctuations, gold and silver have withstood the test of time, preserving wealth for centuries.

But this is not merely about preservation; it's about the potential for incredible growth. Gold and silver have a proven track record of increasing in value over time, making them an enticing addition to any retirement strategy. As the global demand for precious metals continues to rise, so does their investment potential. By harnessing the power of Gold and Silver IRAs, you position yourself to reap the benefits of the precious metals market inside a retirement account.

Now, imagine taking this journey with a trusted and reputable Gold IRA company by your side. With their expertise and guidance, you can navigate the complex world of precious metals investing with confidence. They offer a range of services, from helping you set up your Gold or Silver IRA to assisting you in selecting the right coins or bars for your portfolio. By partnering with such a company, you gain access to a wealth of knowledge and resources that empower you to make informed decisions about your financial future.

Working with a reputable Gold IRA company is not the same as working with an online dealer such as JM Bullion. While JM Bullion has IRA-approved coins and bars, they are not specifically an IRA dealer who specializes in working with your retirement portfolio. 

Two companies that are experts in precious metals IRAs are Goldco and Augusta Precious Metals. These two businesses educate and inform before they sell any product. They want their clients to understand the precious metals market and how owning physical metals can benefit them during their retirement years and their beneficiaries after they die. 

What is JM Bullions Reputation? Is it a Trusted Online Dealer

The reputation of a precious metals dealer is paramount to deciding to work with the company. Knowing how others' experiences were and how the company handled the complaints or negative reviews will give you insight into the trustworthiness of the business.

Working with a business that has several complaints and negative reviews is up to the individual. Here is what we found for JM Bullion and a link to get you directly to the business page. 

NOTE: Reviews today can be manipulated. Disgruntled employees, competitors, or fake review services can manipulate the star ratings by providing both positive and negative reviews. The complaints with the BBB and other services typically cannot be manipulated. Make sure you review all sources and information. 

Better Business Bureau - link to JM Bullion Page on the BBB

• A+ Accreditation
• 13 Years in Business
• 4.61 out of 5 Star Rating
• 170 Customer Complaints in the last 3 years
• 37 Customer Complaints in the last 12 months
• 565 Customer Reviews

** Special Note: while the business has an A+ Accreditation with the BBB this can be confusing for a reader. You may think they are a Good overall company because of the rating. Truth is, customer reviews are not used in the calculation of BBB ratings. BBB ratings are based on several factors, one of which includes having a paid business relationship. Check out the BBB ratings process here. 

Trustpilot - link to JM Bullion Page on Trustpilot 

• 4.2 out of 5 Star Rating
• 1,089 Reviews
• Recent Review mentions they were double charged

Business Consumer Alliance (BCA) - link to JM Bullion Page on the BCA

• First, you should know that this service shows their address as a Las Vegas Blvd versus other services indicating the business is based out of Dallas, TX
• The Company Rating is an F
• BCA has a CRI (Complaint Resolution Index: this index has JM Bullion with a 40% rating. Ratings are based on the company's response, resolution, number of complaints, and outcome of the complaints. 
• JM Bullion has had 5 complaints closed in the past 3 years
• 1 Customer Review - The review states it to be a 5 out of 5 but when you read the review it appears the customer was dissatisfied with their experience. Here is the review: 

  Fast response from the company favoring the customer's request

  "It was supposed to be a smooth transaction but things got so complicated that as end result I couldn't receive the item and the only solution seemed to be a refund. I waited for it much longer than what'd be normal and what was promised. But when it was finally issued a large amount was withheld without anyone even mentioning about it. I asked to be reimbursed for it but I had no luck. Thankfully things changed and I got notified about the company issuing me a refund for the cancellation fee too. Few days later I had the money into my account."

What Precious Metals Products Does JM Bullion Offer

The selection of products you can find on the JM Bullion website is endless. They have IRA-approved coins and bars, Gold Rounds & Collectibles, Silver Rounds & Collectibles, Numismatics, Rare Coins, Collector Cards, and so much more.

Because of their affiliation with several sovereign and private mints JM Bullion offerings are extensive. We cannot cover all products they have on their website, but here are a few they note as IRA Approved:

• 2023 1 oz British Gold Merlin Coin
• Valcambi Gold Bar - 1 gram
• 2023 1/20 oz Australian Gold Lunar Rabbit Coin
• 2015 1/20 oz Australian Gol Lunar Goat Coin
• Valcambi Gold Bar - 2.5 gram
• 2023 1/10oz Canadian Gold Maple Leaf Coin
• 2023 1/10oz American Gold Eagle Coin
• 2023 1 oz Canadian Silver Maple Leaf Coin
• 5 oz SilverTowne Buffalo Silver Bar
• Canadian Silver Maple Leaf Coin 1 oz
• 2023 American Silver Eagle Coin 1 oz

When evaluating the spot price of gold or silver, make sure you are reviewing the current spot price and determining the "premium" being charged. Once you determine the premium you can check other websites to determine if the premiums at JM Bullion are higher than other online dealers. For comparison, check out the Money Metals Exchange website for comparison prices. 

JM Bullion "On Sale" Page:

On the website, JM Bullion has Weekly Deals and New Reductions. The products could be privately minted round, gold or silver bars, or IRA Gold. We challenge you to make sure these are truly discounted when compared to other websites and dealers. 

JM Bullion's "New Arrivals" and "Coming Soon" Page:

To help the viewer JM Bullion has a page that will allow the reader to find their newest arrivals. These could be collector rounds or numismatics. There are several Canadian Gold Coins and gold bars. These items maybe new to their website or recently added products they have in stock. 

JM Bullion Product Shipping

If you are interested in a Gold IRA - then check out our review on Goldco. They are The Plug's #1 Gold IRA dealer recommendation. Here are our Top 5 Reasons Goldco should be your first call.

1. Exceptional White Glove Service
   Goldco walks customers through the rollover process, making it easy and painless. Direct sales of gold and silver are also offered to help protect and diversify cash and savings accounts.
2. Industry Expertise and Resources
   Goldco's The Ultimate Guide to Gold & Silver is only a small part of a library of excellent guides and reports available for free to customers and prospective customers. Customers can also access Goldco specialists and customer care teams through phone, email, and chat.
3. Dependable and Trustworthy
   Goldco has been a leader in the precious metals industry for over a decade. Built on an
   unwavering foundation of ethics, Goldco has an A+ rating from the Better Business
   Bureau, a Triple A rating from the Business Consumer Alliance, 5-Time INC5000 Winner,
   2021 Company of the Year and thousands of positive reviews from customers.
4. Special Customer Promotions
   Goldco offers multiple yearly promotions to help its customers maximize
   their purchases. Some examples of these promotions include reimbursement of IRA fees
   or providing a certain percentage of the transaction back in free silver.
5. Excellent Buyback Program
   Should a customer decide to sell metals purchased from the company, Goldco offers the
   best deal possible to ensure each customer is satisfied. Goldco is so confident about its
   buyback pricing that it urges customers to come to Goldco first.

Get Goldco's Wealth Protection Guide - The Essential Guide to Financial Security and get yourself on the road to precious metals ownership. 

Final Thought on JM Bullion

While JM Bullion is truly a viable source for you to purchase bullion and coins, we have to consider the reputation overall of the business. Many customers have had no issues and have received their products and are very happy. But, there are several that indicate the company is not the best with customer service, and reputation, and were not satisfied in the end. 

As for an online retailer, JM Bullion is a source you should use to check prices and maybe purchase some products after you verify the premiums. Having such a service to purchase without contacting a representative gives buyers the comfort that they can purchase 24/7 with no hassle. 

As for a Gold or Silver IRA Dealer, JM Bullion can offer their services to open a Gold or Silver IRA, however, we believe their are other dealers much better suited than JM Bullion. Several other IRA Dealers handle SDIRA's as their primary business and maybe better suited. But, you as the investor must make the decisions. Check out the reviews of JM Bullion and those we recognize as our top 5. 

All buyers of precious metals, numismatics, and rare coins need to do their due diligence before making a purchase. The Plug does not recommend any one company for retail purchases or IRAs. But we do find companies that are better suited and we suggest looking into them. We also are not investment advisors. If you are looking into buying physical precious metals to diversify your portfolio we recommend you consult a Gold IRA company or your advisors. 

Before we get started with Bold Precious Metals Review:

Determining which precious metals dealer is reputable and reliable for your investment needs is tough. The Plug aims to provide you with as much useful information as possible to shorten your decision-making process. The Best Gold or Silver IRA Dealers want to educate and inform their clients. We've broken down a list of the Top Gold and Silver IRA Companies for your review. 

Bold Precious Metals Company: Legit Business or Online Scam?

Investors are continuously dealing with companies with less than favorable reputations in the precious metals and coin-collecting dealer market. Selling precious metals, whether coins, rounds, numismatics, rare coins, or bars, is not easy for any company. Companies that are not niche focused and provide various products can open themselves up to negative experiences for the buyer and therefore questionable reputation in the market.

Bold Precious Metals has an average overall rating with The Plug at 3.5 out of 5 stars.

While they are a legitimate company doing business online, both on its website and on eBay, they have an overall mix of complaints, along with both positive and negative reviews. These have all factored into our opinion of the company and overall rating.

A typical coin retail storefront coin shops have products in stock and sell typically only what they have available in the store. But online retailers, like Bold Precious Metals, these types of dealers often have sources to purchase products from and therefore advertise products they don't often have in stock. This makes for a questionable transactional relationship if they are not being forthright with their customers that they need to source the product they are selling them. 

Most online dealers of precious metals have similar overall reviews and comments as that of Bold Precious Metals. One of our recommended online retailers Money Metals Exchange, see their review by clicking here, has similar overall positive and negative ratings. Many of these companies reviews indicate customers have bad experiences with shipping, customer service, canceling orders when prices increase, or receiving the product in good condition. Therefore, don't always take the word of the few reviews, make sure you examine all the reviews available to assess the business and use the information to be informed when buying. 

Who is Bold Precious Metals and What Services Do They Provide?

Bold was born out of a family's interest in precious metals and coin collecting in 2015. Starting from the education of the grandfather passed to his children and grandchildren the process of educating and collecting coins became a passion in the family that lead to starting Bold Precious Metals. 

While the Bold Precious Metals website doesn't specifically mention who owns or runs Bold, Ryan Cochran's LinkedIn page references him as the Owner of Bold Precious Metals.

"We are fully dedicated to helping you find the right products at great prices supported by excellent customer service and a 100% satisfaction guarantee. Based in Austin, Texas, we stand behind every product we sell and are committed to earning your business each time you visit our store."

At Bold, their goal is to educate potential customers on precious metals and the benefits of metals to their portfolio. They mention in their bio that they "only source top quality products that we would be happy to buy back in the future". 

At the Bold Precious Metals website, you can buy metals; gold, silver, platinum, and palladium. They offer coins from the U.S. Mint along with other private and reputable sovereign government mints around the world. Private Mints are a viable source for gold and silver rounds and bars and many private mints offer a variety of decorative collector rounds for a collection. 

Dealing with rare coins and numismatics, Bold Precious Metals mentions they are members of the PCGS and NGC. These are two widely known and trusted organizations that authenticate coins and grade coins. While it's noted Bold's affiliation on their website, our independent search of the PCGS and NGC websites did not return the name Bold Precious Metals or Ryan Cochran's name. Therefore, we cannot verify this information, and investors or those looking to buy metals from this or any company should verify their knowledge of valuing and grading collector gold and silver coins before buying.

Product Shipping Services:

According to the BOLD website, any order under $750 will not require a signature upon delivery. Deliveries are USPS First Class and all orders above $750 will require a signature. Bold suggests a signature for every delivery, but notes that there is a small additional fee for the signature.

Transactions over $199 are eligible for free standard shipping. Any orders under $199 will be charged a shipping fee. 

Payment Options and Details:

Bold offers a variety of payment options. Their website has a specific flow of information for buyers' convenience. Here is a recap of that information:

• Credit Card - Payment Held 1 Day - Ships 1 Business day on receiving payment
• PayPal - Payment Held 1 Day - Ships 1 Business day on receiving payment
• Electronic Check - Payment Held 5 Business Days - Ships 5 Business days on receiving payment
• Paper Check - Payment Held 5 Business Days - Ships 5 Business days on receiving payment
• Bank Wire - Payment Held 2 Business Days - Ships 2 Business days on receiving

Also, a few additional pieces of information that will help you understand your payment and shipping. 

1. Orders are held until all presale and back-ordered items are fully received
2. Order history limits can increase with prior individual eCheck verification. 
3. New customers could be charged a 10% deposit, paid via credit card to hold the transaction. 

Make sure you check the terms and conditions for Bold to be knowledgeable and aware of any restrictions and transactional payment requirements. 

Secured Storage for Metals:

Currently Bond does not provide secured storage for your metals. When you purchase you will need to choose to have the metals home delivered or delivered to a secured vault or storage facility.

If you currently use and have an account with a precious metals depository, you can choose to have your metals delivered to that location versus shipping the metals to your home or business.

Bold does not specifically recommend any particular storage facility. If you are looking for a location to store your metals a good option would be Delaware Depository Service Company. We do not have an affiliation with this company, but they do work with several of the larger Gold IRA dealers. 

If you are purchasing through your SDIRA the depository needs to be approved. Many banks today will not allow you to store precious metals in their vaults or security box. Check out your bank's regulations to be certain of their requirements. 

Precious Metal Buy Back Program:

Bold will purchase the precious metals that you are looking to liquidate from your portfolio. When you are ready to sell you need to contact the company directly to discuss what you have available and if they are currently buying those products.

If they buy your metals, you will want to make sure you have a clear understanding of what they are offering, who is paying for shipping, who is securing the shipment, and how long until you get your money.

An option with Bold is you can get store credit versus payment. This would allow you to choose to purchase other metals for your portfolio.

Bold Precious Metals: What Products Are Available?

When shopping for precious metals, coins, collectibles, and numismatics, Bold Precious Metals offers a variety of options for you to choose from. With their affiliation with private and sovereign mints, they can offer coins and rounds from a variety of mints giving buyers a plethora of options.

Current Mints Bold has Gold and Silver metals available:

• British Royal Mint
• Perth Mint
• United States Mint
• Royal Canadian Mint
• Austrian Mint
• South African Mint
• Pobjoy Mint

Where to Buy Bold Precious Metals Products?

Looking to buy precious metals but don't know where to find them. Check out Bold's website by clicking here. Or if you are an eBay fan you can check out their listing by clicking here. 

Make sure you understand pricing, markup, and premiums for precious metals before you buy. When you check the Spot price of gold or silver make sure you use that as your base for non-numismatic coins. Then take the selling price and subtract the spot price based on the amount of gold or silver in the coin or round. The difference is the premium you are paying for that item. 

Gold or silver bars will typically have a lesser premium per troy ounce as the items are not nearly attractive to the end buyer. They are typically held for investment and investors looking to invest a significant amount into gold or silver will buy bars. 

Proof Coins will typically have the highest premiums. The minting process is more refined and they are sold in display cases or boxes. The premiums on bullion coins will be less than that of proofs and rounds, made by private mints, will typically have the lowest premium.

Premiums will also vary based on what the dealers have in their acquisition cost, the collectability of an item, and the availability of an item. 

Know and understand the differences and what premiums you are paying. Rarely will you sell your coins or rounds later and recoup the premiums you paid initially.

What is Gold Bullion?

Bullion refers to precious metals, such as gold, silver, platinum, or palladium, that are valued primarily for their metal content rather than their collectible or numismatic value. It is typically in the form of bars, coins, or ingots that are produced and traded for investment purposes.

1. Bars: Bullion bars, also known as ingots, are rectangular or square-shaped pieces of precious metal. They are typically produced in various weights, ranging from small fractional sizes to larger ones. Bullion bars are usually stamped with important information, such as the weight, purity, and the name of the mint or refiner.
2. Coins: Bullion coins are coins that are minted from precious metals, primarily gold, silver, platinum, or palladium. These coins are typically produced by government mints and have a face value assigned to them, although their intrinsic value based on the metal content often exceeds the face value. Bullion coins are highly recognized and sought after by investors for their purity and liquidity.
3. Rounds: Bullion rounds, also known as medallions or privately minted coins, are similar to bullion coins in appearance but are not legal tender. They are produced by private mints and may feature various designs, motifs, or branding. Like bullion coins, rounds are valued primarily for their metal content and can come in different weights and sizes.

The choice between bars, coins, or rounds often depends on individual preferences, investment goals, and the specific guidelines set by self-directed IRA custodians or IRA providers. Factors such as liquidity, premiums, and collectability may also influence the selection.

It's important to note that when including bullion in a self-directed IRA, there are certain requirements and regulations to adhere to, such as the minimum fineness or purity of the metals. Consulting with a custodian or a qualified professional can help you understand the options available to you and ensure compliance with the guidelines of your self-directed IRA.

What are Numismatic Coins?

Numismatic coins are a specialized category of coins that are valued not only for their metal content but also for their rarity, historical significance, condition, and aesthetic appeal. Unlike bullion coins, which are primarily acquired for their precious metal content, numismatic coins are sought after by collectors and enthusiasts for their numismatic value.

The term "numismatic" refers to the study and collection of coins and numismatic coins are those that possess characteristics that make them particularly interesting and valuable to collectors. These characteristics can include factors such as limited mintages, unique designs, historical importance, errors or variations in production, or exceptional preservation.

Due to their rarity and collectible nature, numismatic coins often carry higher premiums above their intrinsic metal value compared to bullion coins. The value of numismatic coins is determined by a combination of factors, including their rarity, demand from collectors, condition (graded by independent grading services), and market trends. The numismatic value of a coin can sometimes far exceed its actual metal value.

Numismatic Coins are NOT allowed within your retirement self-directed Gold or Silver IRA.

Collectors of numismatic coins enjoy the historical and artistic aspects of these coins, as well as the thrill of building a unique and valuable collection. They may focus on a particular period, country, or theme, and seek out coins that exhibit specific characteristics or have a notable historical background.

It's worth noting that while numismatic coins can be highly rewarding for collectors, they may not be suitable for everyone as an investment vehicle. The market for numismatic coins can be influenced by various factors, including collector demand, rarity, condition, and broader economic trends. Therefore, novice investors need to conduct thorough research and seek guidance from experts before delving into numismatic coin collecting.

If you are considering numismatic coins as an investment or hobby, it is advisable to consult with reputable coin dealers, numismatic experts, or professional numismatic organizations to gain a better understanding of the market, grading standards, and potential risks and rewards associated with collecting these specialized coins.

Does Bold Precious Metals offer Precious Metal IRAs?

Investors looking to Bold Precious Metals should know they are not a gold IRA dealer. Understand that a precious metals IRA dealer has the knowledge and experience to work with investors looking to rollover their 401(k) or current retirement IRA into a self-directed IRA (SDIRA).

Gold IRA Dealers work in conjunction with a custodian to ensure the metals are purchased through the SDIRA. The Gold IRA dealer then securely transports the metals to a secured storage facility or depository to hold keeping the IRA in compliance with IRA/IRS regulations.

Bold Precious Metals may sell IRA-approved coins or bars, but they are not a recognized precious metals dealer and specifically note on their website that "...they are preparing to launch a service to assist our customers in setting up their own self-directed Precious Metals IRA and to make it very easy to purchase and deposit physical bullion products into their account."

When working with your retirement savings through your prior employer's 401(k) or your current IRAs, make sure you work with a reputable company that has years of experience and staff that know what they are doing. Our recommendation is to check out Goldco or Augusta Precious Metals. Pick up their complimentary Free Investment Guide or Kit and get more information before you invest. These companies are equipped to help investors with initial SDIRAs along with investments over $25,000 and $50,000 respectively. If you are looking to start a Gold IRA with $10,000 check out Birch Gold Group. They have a lower minimum investment requirement to get started. 

What is a Precious Metals IRA?

A precious metals IRA, such as a Gold SDIRA, is a type of individual retirement account that allows you to hold physical precious metals, like gold, silver, platinum, and palladium, as part of your investment portfolio. Unlike traditional IRAs that primarily consist of stocks, bonds, and mutual funds, a precious metals IRA allows you to diversify your retirement savings by including tangible assets in the form of precious metals.

What sets a Gold SDIRA apart from other types of precious metals IRAs is its self-directed nature. This means that you have more control and flexibility over your investment decisions within the account. Instead of relying on a financial institution to manage your investments, a self-directed IRA empowers you to make choices regarding which specific precious metals you want to invest in and how you want to allocate your funds.

The process of setting up a Gold SDIRA involves establishing a self-directed IRA with a custodian that specializes in alternative investments. This custodian will help facilitate the purchase and storage of the physical precious metals on your behalf, ensuring compliance with IRS regulations and retirement account rules.

It's important to note that a Gold SDIRA is subject to certain rules and regulations imposed by the Internal Revenue Service (IRS). For example, there are restrictions on the types of precious metals that can be held in an IRA, as well as guidelines on storage and distribution. These regulations are in place to ensure that the assets held within your retirement account maintain their tax-advantaged status and are used for retirement purposes.

In summary, a precious metals IRA, specifically a Gold SDIRA, is an individual retirement account that allows you to include physical precious metals in your investment portfolio. It provides you with the flexibility to make your own investment decisions within the account, allowing you to diversify your retirement savings beyond traditional investment options. Just keep in mind that there are specific IRS rules and regulations to follow when setting up and managing a Gold SDIRA.

What Precious Metals Are Allowed in My Gold IRA?

What metals are allowed in my SDIRA? Here's a brief overview of the types of precious metals that are generally allowed within a precious metals SDIRA, along with the purity requirements. Please note that this information is intended to provide a general understanding and may not cover all specific details:

1. Gold: Gold is a popular choice for precious metals IRAs. It is widely recognized and has a long history of being a valuable asset. Gold bars and coins, typically of high purity, are commonly held within precious metals SDIRAs. The purity requirement for gold typically ranges from 99.5% to 99.99% but is it is minimum requirement is .995 purity to qualify.
2. Silver: Silver is another commonly included precious metal in self-directed IRAs. Silver bars and coins, often referred to as bullion, can be held within a precious metal SDIRA. The purity requirement for silver generally ranges from 99.9% to 99.99% and the minimum requirement is a purity of .999. Silver is a good choice as the price of silver is much less than gold. Check out our blog on Why Buy Silver and Not Gold in 2023.
3. Platinum: Platinum is a rarer and more expensive precious metal. It is also an option for inclusion in a precious metals SDIRA. Platinum bars and coins with a purity of 99.95% or higher are typically accepted within a self-directed IRA.
4. Palladium: Palladium, like platinum, is a relatively rare and valuable precious metal. It has gained popularity in recent years and can be held within a precious metals SDIRA. Palladium bars and coins with a purity of 99.95% or higher are generally accepted for investment purposes.

Self-directed IRAs have specific requirements when it comes to the origin of precious metals. In the metals world, there are both coins (produced by sovereign nations) and rounds (produced by private mints). While both rounds and coins may have similar or the same purity level, they are not treated the same for IRA investment purposes. Working with a proven Gold or Silver IRA dealer with help you make sure you are staying compliant with requirements and purchasing only those metals allowed within a retirement IRA. 

Remember, the goal of including precious metals in your SDIRA is to diversify your retirement portfolio and potentially benefit from the long-term value appreciation of these assets while also hedging inflation and removing some of your retirement savings from the stock market volatility. 

What Do Others Say About Bold?

As part of our review, we consult several online sources to get a better understanding of the business through the comments and reviews provided by customers. We source from Yelp, the BBB, BCA, Trustpilot, TrustLink, Google Business Profile, and Facebook reviews. We also search for any recent state or federal complaints and news articles that may put light on the company culture and business practices. 

Here is a brief description of Bold Precious Metals and a link if you would like to investigate further for these review sources. 

• Yelp - No business review found
• BBB - Better Business Bureau shows an A+ and that they are an Accredited Business. The reviews are not used in determining the business's accreditation. It also notes a 3.86 out of 5 Star Rating and 13 complaints closed in the last 3 years. 8 Complaints in the past 12 months and 42 overall reviews. Link
• Trustpilot - There are 11 reviews on this platform. The overall rating is 3.9 out of 5 Stars. 18% of the ratings are 1 star. Link
• Google Business Review - Shows the business as having 58 Google Reviews with a 4.1 out of 5.0 Star Rating. Link

In all the complaints ranged from questionable business practices, canceling orders when prices rise, holding orders for complete order delivery, double charging for delivery, delayed shipments, and poor customer service. 

** Special Note: we include this note for all our reviews. You should consider all reviews and experiences and not just those that filed a complaint or wrote a negative review. Not all people have the same experience. But, make sure you are aware of these experiences and question how Bold with handle these situations when or if they arrive.  

Final Thoughts on Bold Precious Metals as a Reputable Metals Dealer

For an online retailer, we believe Bold is a viable option to purchase coins, bars, or bullion. They offer a variety of collector items that are inviting for collectors to purchase.

As for IRA investors, we do not recommend Bold as a reputable or viable metals dealer for your IRA investments. We recommend using a company that specializes in educating investors on the value of precious metals investing.

As of the writing of this blog article, it appears Bold is a viable option for those looking for unique metals for collecting. Choose wisely and understand the risks of buying metals. 

To get more information on Bold Precious Metals click here and we will take you to their website.