JM Bullion is one of the leading gold retailers in the world, offering customers the opportunity to purchase gold coins and bars of various sizes and denominations. But is it safe to buy gold from JM Bullion? Absolutely! JM Bullion is a BBB-accredited business and is committed to providing customers with the highest quality gold and silver coins and bars.
Furthermore, JM Bullion is committed to safeguarding customer information, securely handling all orders and maintaining the highest standards of security available. As a result, customers can rest assured that their purchases from JM Bullion are safe and secure.
If you're considering buying precious metals like gold coins and bars from JM Bullion, you should know a few things. The truth is, in the world of precious metals, many things can happen to your order. Orders can be delayed, mistakes can occur at the minting stage and it is possible to be stuck with defective products.
Being on the safe side when it comes to buying gold from JM Bullion is a good idea, mainly because they are known to have high-quality products that are safe to buy.
We have done hundreds of hours of research on the best precious metals investment companies for anyone that wants to invest!
Overview of JM Bullion
JM Bullion is a leading online retailer of gold and silver coins and bars. The company was founded in 2011 in Dallas, Texas and is one of the world's largest online gold and silver bullion retailers. Unlike many other online gold retailers, JM Bullion does not sell silver coins.
Instead, JM Bullion offers customers the opportunity to purchase gold and silver bars and coins in various sizes and denominations. JM Bullion is a member of the BBB and has a rating of A+ with the organization, signifying that it has a strong customer satisfaction record.
The company is also a member of the Professional Numismatists Guild, is listed with TrustLink and has been a member of the Better Business Bureau since 2013. As a result, customers can rest assured that their purchases from JM Bullion are safe and secure.
What Makes JM Bullion Safe?
JM Bullion is committed to protecting customers' information and maintaining the highest standards of security available.
The Process: Picking the Right Mint
JM Bullion has a large range of products catering to collectors and investors. The process of buying gold is fairly simple. However, it can be confusing at first. To start the process of buying gold from JM Bullion, you must decide on the product you want to buy.
If you're considering buying a coin, it's best to buy a gold coin that is in good condition and has a Mint State designation. The higher the grade, the less you will pay for the coin.
Next, choose a specific product that you want to buy. The design of a product can make it more expensive, but it is worth investing in if it has a high-quality design. JM Bullion also offers minting services so you can have your commemorative gold coin created. This service will likely cost quite a bit of money in terms of minting fees and shipping costs.
If you don't have the money to pay for a commemorative coin, you can opt for a more reasonably priced gold coin with your custom inscription. However, it's important to note that JM Bullion is not recognized as an official Mint dealer in the US.
JM Bullion Products
JM Bullion is an online retailer of physical precious metals. They offer a wide variety of products, including gold and silver coins, bars, rounds and other collectibles from the United States and worldwide.
JM Bullion offers a wide selection of gold products for investors and collectors. Their selection includes bullion coins, bars and rounds from some of the most respected mints in the world, such as the United States Mint, Royal Canadian Mint, British Royal Mint, Perth Mint, Chinese Mint, Austrian Mint and South African Mint.
JM Bullion offers a wide selection of silver products, including coins, bars, rounds and collectibles. Silver coins, such as American Silver Eagles, Canadian Silver Maple Leafs, Chinese Silver Pandas, Austrian Silver Philharmonics and Mexican Silver Libertads, are popular with investors and collectors.
Silver bars come in various sizes, ranging from 1 oz to 100 oz and are available in various styles and designs. Silver rounds look like coins but are not officially recognized as legal tender. JM Bullion also carries a variety of silver collectible coins, such as the National Park Quarters, Presidential Dollars and State Quarters.
JM Bullion has a selection of silver stackable bars, storage boxes and loose bags of 90% junk silver coins, perfect for those looking for an inexpensive way to invest in silver.
Platinum, Palladium and Copper
JM Bullion only sells platinum in bars and a limited number of coins, including American Eagles and Canadian Maple Leafs. This reduces the available variety of platinum items.
On the website of JM Bullion, customers may also shop for copper and palladium, in addition to a variety of collectors' boxes, protective sleeves and other items relevant to the industry.
JM Bullion offers a range of gold IRA products to help customers diversify their retirement savings. A gold IRA or Individual Retirement Account, is an investment vehicle that allows individuals to invest in physical gold and other precious metals as part of their retirement portfolio.
Gold IRAs are self-directed, meaning the investor is ultimately responsible for deciding what to invest when to buy and sell and how much to contribute.
JM Bullion's gold IRA products include a wide range of investment options, from coins and bars to rare coins and collectibles. These products have been carefully selected to ensure investors can access today's latest and most trusted gold and silver products. JM Bullion's IRA products are IRA-eligible and meet the standards for purity and quality set forth by the IRS.
In addition to offering a range of gold IRA products, JM Bullion also allows investors to open a gold IRA account. The process entails the following steps.
1. Selecting Your Gold IRA Custodian
The first step in opening a gold IRA with JM Bullion is to select a custodian. A custodian is a third-party financial institution that holds and maintains the assets of an individual's IRA. Researching and selecting a reliable custodian with a good reputation is important. JM Bullion provides customers with a list of recommended custodians and can help answer any questions about the selection process.
2. Establishing An LLC
Once you have selected a custodian, the next step is to establish an LLC for your gold IRA. An LLC or limited liability company, is a business entity owned by the individual and will serve as the legal owner of the assets held within the gold IRA. The LLC is responsible for handling transactions, filing taxes and any other administrative tasks associated with the gold IRA.
3. Transferring Funds into The Account
After the LLC is established, the next step is to transfer funds into the gold IRA. This is typically done by transferring funds from a bank account or other financial institution into the custodian's account. Remember that funds must be deposited into the account before purchasing any gold.
4. Purchasing Gold
Once the funds have been transferred into your gold IRA, it is time to purchase gold. JM Bullion provides customers with a wide selection of gold coins, bars and other precious metals. Customers can either purchase bullion directly from JM Bullion or use the funds in their account to purchase gold from other sources.
5. Storing the Gold
After you have purchased the gold, the next step is to store the metals in a safe location. JM Bullion offers several storage solutions, including storage boxes and tubes that protect against damage and theft. JM Bullion can help you find the best storage option based on your needs.
JM Bullion's Shipping and Delivery Process
Once customers have placed their orders, JM Bullion uses a secure shipping and delivery process to ensure that their purchases arrive at their destinations safely. The company uses various shipping methods, including FedEx, UPS and US Mail.
It offers customers the option of receiving their gold and silver products at home, at a bank or a financial institution. When customers choose to have their products delivered to their banks or financial institutions, JM Bullion sends the orders using specialized shipping containers, known as Brinks Armored Car shipments.
These shipments feature heavily armored cars with steel-plated doors designed to protect customers' orders from physical and digital threats. JM Bullion's Brinks Armored Car shipments feature armed guards for added security. The company uses Brinks' proprietary electronic tracking system to monitor the delivery of all armored car shipments.
Advantages of JM Bullion
The company has several advantages over other companies in the industry, including:
Disadvantages of JM Bullion
While JM Bullion offers a wide selection of products, a few drawbacks are associated with doing business with it. The disadvantage include the following:
How Does JB Bullion Store Their Gold?
JM Bullion also offers storage services for their customers' purchases. Customers can choose from two storage options: JM Bullion Vaulted Storage and JM Bullion Segregated Storage.
JM Bullion Vaulted Storage is a secure, insured storage option offered by JB Bullion. All the gold stored in this vaulted facility is fully insured for its replacement value and is kept under 24-hour surveillance. This storage option enables clients to purchase gold and securely store it in the vault at our Texas facilities.
Clients can view their holdings and make trades online at any time. Clients must also know that fees may be associated with buying, selling and storing gold in a vaulted storage program.
JM Bullion Segregated Storage is an additional secure storage option offered by JB Bullion. This storage option allows clients to purchase and store their gold in a vault at an independent third-party storage facility.
All the gold in this segregated storage facility is held in individual accounts with clients' names on them, meaning that all gold is separate from any other gold stored in the facility. This segregated storage option ensures that clients' gold is safe and secure. It also allows clients to view and manage their holdings online, though there may also be associated fees.
Bottom Line: Is JM Bullion a Safe Place to Buy Gold?
JM Bullion is a reliable and safe source purchase gold. The company offers a wide selection of coins, bars, rounds and other precious metals, making it easy for customers to find the right product.
JM Bullion prides itself on providing customers with accurate and up-to-date pricing information and market analysis tools, so customers can make informed decisions when making their investments. All transactions are processed securely and safely, ensuring that customers' private information is protected.
While JM Bullion is a safe and reliable place to buy gold, we have other best gold investment companies that offer better products and services and are official Mint dealers in the US. They provide more personalization options, such as customized portfolios and individualized customer service. They also may offer lower commission rates or larger discounts on purchases.
These companies also typically provide strong customer support, allowing customers to access their accounts 24/7 and get helpful guidance when needed. Finally, many of these companies often offer discounts and promotions for repeat customers, making them a more attractive choice than JM Bullion.
Don't forget to checkout our highest recommended precious metals investment companies if you want to move forward with an investment!