American BullionReviews of americanbullion.com

This all started back in January 2015, when I was laid off from work and had all this money from my 401k that I wanted to rollover. I recall viewing all those commercials about getting into a Gold IRA, so I contacted American Bullion. A sales rep (I do not recall his name), talked up a good "game" about owning a precious metals IRA. I originally wanted to go with silver, but he insisted that I should go with Proof Gold American Eagle Coins. So, I ended up purchasing 66 oz of gold coins. Base on today's market value, I have lost 33.8% of its Book Value. On a positive note, AB made it very easy to rollover a portion of my 401k into a Gold IRA. I had no issues during the transfer, purchase or storage process involved in getting the products. To be honest, NO ONE could have predicted that the value of these gold proof sets would have taken such a nose dive and have stayed down for this long! You might be wondering, why did I wait so long to give a negative review? Well, this afternoon, I was playing phone tag with a Mr. Jordan French from AB, who wanted to discuss with me about moving my gold assets into silver! Boy, did he talk a good game! Almost had me convinced in making that liquidation order. Thankfully, I had time to sit down after the call and started to do some research. Well, he wanted me to dump all the proof gold coins and use the money to purchase Proof Silver American Eagle 1 oz coin for unit price of $48.77. Guess what the spot price for silver was today (June 29, 2018)? $16.18 per oz. I looked at American Precious Metals Exchange (APMEX), and they are selling Silver American Eagle 1 oz coins for $18.38, for quantities over 500 coins. I didn't bother looking up the prices for proof coins. So, what did I learn from this? Do your research!

Agent is busy and hard to contact sometimes. However he made early morning appointments once aware I was trying to contact him. Overall Am Bull completion of transactions and forwarding of documents of liquidqted assets needs to be faster.

I set up a Precious Metal IRA through them. The set up process went great but when it came to actually buying the gold to put into the account things quickly went bad. First they tried to talk me into buying something I did not want. When that did not work, they gave me a price that was $153.34 per gold coin over their own websites price. They had me cornered and I felt I had to accept it in order to get the metal into the IRA.