Are you searching for a precious metals company that can assist you in achieving financial success? My Private Bullion offers financial growth products and strategies, but are they trustworthy? Read our review of My Private Bullion to determine if you should invest with them.
What Is My Private Bullion?
My Private Bullion is a precious metals company based in Sarasota, Florida. The firm was founded in 2012 primarily to trade in precious metals, in addition to offering precious metals IRA services. The primary objective of My Private Bullion is to educate clients about wealth management and asset protection. Their strategies aim to equip you with asset protection and wealth management skills that will go a long way toward securing your future and providing you with peace of mind.
Company Info
Location:
Sarasota, Florida
Address:
715 N Washington Blvd Suite B, Sarasota, FL 34236, United States
Year Founded:
2012
Managers:
Alejandro Fabian Mora Viera (Owner)
Website:
www.myprivatebullion.com
Overall Rating:
[usr 3]
My Private Bullion Products and Services
The product catalog of My Private Bullion includes precious metals such as gold, silver, platinum, palladium, and rhodium. The company also provides collectibles and numismatics in addition to IRA-eligible bullion. Gold China Panda, Gold PAMP Bar, Gold American Eagle, Gold Canadian Maple Leaf, Silver RCM Bar, Silver Canadian Maple Leaf, Silver Philharmonic, Platinum American Eagle, Palladium Fortuna Bar, American Eagle Palladium Reverse Proof Coin, and many more are among their bullion products.
How It Works
If you are only interested in buying metals, you can contact My Private Bullion via phone, live chat, or email to obtain pricing information and place an order. Nonetheless, if you wish to establish a Gold IRA, you must complete the following four steps:
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Fill Out the Gold IRA Approval Form
The first stage is to fill out a Gold IRA Form, which will determine your eligibility. My Private Bullion will email you your new Gold IRA number if you qualify.
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Fill Out the Gold IRA Custodian Form
If you are eligible for a Gold IRA, My Private Bullion will finalize and send you a Gold IRA Custodian form for your approval.
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Transfer Funds
The company will then transfer funds from your existing custodian to your new Gold IRA custodian once you have approved the Gold IRA Custodian Form. Typically, the transfer procedure takes no longer than five business days.
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Wait For Precious Metals Delivery
After effectively transferring funds, you can now await the delivery of metals to a secure vault. My Private Bullion stores its precious metals at Delaware Depository.
Pros of My Private Bullion
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Wide Selection of Products and Services
My Private Bullion provides a vast array of gold, silver, platinum, palladium, and rhodium products. In addition to bullion coins and bars, they also sell collectibles and numismatics. In addition, My Private Bullion can assist you in preserving and growing your wealth in a secure, tax-free retirement account.
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Offers Customer Education
They provide client education to equip you with the knowledge and techniques necessary to excel in precious metals investing and wealth management.
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Offers Investment-Grade Bullion
My Private Bullion offers investment-grade bullion, the majority of which are eligible for precious metals IRAs, in addition to numismatics and collectibles.
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Great Customer Support
The company’s website features multiple communication channels to facilitate consumer interaction. For example, they have a business phone number, fax number, email address, and live chat.
Cons of Choosing My Private Bullion
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No Information Regarding Product Pricing
There is no information regarding coin and bar prices on their website. Therefore, you must call the company to obtain the most recent metal price information, which can be extremely inconvenient.
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No Information About IRA Fees Or Custodians
In addition, the IRA fees you are expected to pay lack transparency. Moreover, My Private Bullion does not disclose the custodians they collaborate with.
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There’s No Information About the Company’s Management
There is no information about the company’s executives on their website. Typically, legitimate businesses identify their owners or managers on their websites, so it’s rather odd that My Private Bullion lacks this information.
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Not BBB Accredited
BBB accreditation is typically held by reputable and trustworthy precious metals companies. However, we were surprised to discover that My Private Bullion is not BBB-accredited, despite their A+ rating on the platform.
My Private Bullion Reviews & Customer Ratings
My Private Bullion is not accredited with the BBB, which makes no sense given their A+ rating on the platform. The company is not listed with the BCA and Trustlink. However, they have a solitary review on Yelp.com and a 4.3-star rating based on 9 reviews on Trustpilot.
Should You Use My Private Bullion for Your Gold or Silver IRA Rollover?
My Private Bullion provides excellent products, but they are not BBB-accredited. In addition, their pricing and fees are not transparent, and their customer reviews and ratings are subpar. You can click the link below to view the company with the lowest IRA fees in the industry and the highest rating from us.
Click Here To View the Precious Metals Firm We’ve Given the Highest Ratings>
Does My Private Bullion Provide Storage?
Yes, secure storage is provided through the Delaware Depository.
Is My Private Bullion Legit or Scam?
Obviously, they are legitimate and not a scam. They’ve been in operation for nearly a decade and have an A+ rating with the Better Business Bureau.
My Private Bullion Alternatives
- Sunwest Trust
- A-Mark Precious Metals
- Wholesale Direct
- Austin Rare Coins and Bullion
- Dallas Gold and Silver Exchange
Conclusion
My Private Bullion is a precious metals company that provides an extensive selection of bullion products, collectibles, numismatics, and Gold IRAs. The company has an A+ rating with the Better Business Bureau and outstanding ratings on Trustpilot.
However, the company lacks BBB accreditation, which is essential for any respectable business. Moreover, My Private Bullion does not disclose product prices or IRA fees, leaving potential investors in the dark about account setup, storage, administration, and cancellation fees.
