(UPDATED SEPTEMBER 2023) Welcome to my 'Is RC Bullion A Scam?' article.
Have you heard of this precious metals dealer which also doubles as an IRA Gold company? Is this company a scam? This 'Is RC Bullion A Scam' article will give you the answers you might be looking for.
We will be reviewing RC Bullion as a company, the products and services they offer, their pros and cons, and customer ratings and complaints. Let's get started!
RC Bullion Review Quick Summary
Name: RC Bullion
Founder and CEO: No information available
Prices: Varies
Rating: 4/5
RC Bullion - What Is It?
We will be answering the question, 'Is RC Bullion A Scam?'. Looking at the company's background information is a great first step towards generating a comprehensive answer for this question.
RC Bullion, which was founded in 2013, is a Los-Angeles, California based precious metals dealer which also provides gold IRA services. They also handle existing IRA and 401(k) accounts.
When you visit their website, you will be met with a lot of articles and good reads pertaining investments on precious metals and how one can be financially secured. A neat move from them!
Similar to other precious metals dealers, RC Bullion specializes on gold, silver, platinum, and palladium. Some of these products are eligible to be used for a Precious Metals IRA.
This gold IRA company is limited when it comes to the products and services that they offer (see our top recommended gold IRA firm). Nevertheless, their simplicity and small line of products might attract potential clients.
Products and Services Offered
As stated before, the products and services of RC Bullion is limited when compared to other IRA firms. Here are some of the precious metals they have in their inventory.
All of these are IRA-eligible, which means that you can invest on them through your precious metals IRA.
IRA Approved Gold Coins
IRA Approved Silver Coins
IRA Approved Platinum and Palladium Coins
Precious Metals Investments
If you are just a collector of coins, you can purchase them easily from their website. But if you are intending to use them in investing, you need to contact a representative of RC Bullion.
Investing on precious metals and creating gold and silver IRA in RC Bullion is a straightforward process. RC Bullion can help you in determining the most suitable coins to be included in your IRA.
Once an order is placed on a certain precious metal, it is then delivered to Delaware Depository, the chosen gold IRA storage of RC Bullion. These metals will be under segregated accounts (a separate storage from other depositors).
Just like our top recommended precious metals dealer and IRA company, Goldco, RC Bullion has certain rules and regulations to be followed both by their firm and their client.
Payment Methods
According to RC Bullion, clients are given three business days since placing their orders to send their payments. Currently, RC Bullion accepts bank wires and personal check and cashier's check as the forms of payment.
Furthermore, it is important to make sure that these payments are made payable to RC Bullion.
Failure to send your payment will lead to the cancellation of your orders. RC Bullion will resell your precious metals to other clients.
RC Bullion Reviews and Ratings (2023)
Listed below are some of the RC Bullion reviews and ratings done by reputable organizations and websites.
Better Business Bureau
Better Business Bureau is a private, nonprofit organization whose mission is to promote marketplace trust.
Many potential clients check the ratings that BBB gave a company before conducting business. RC Bullion is accredited by BBB and has an A+ rating based on 0 reviews.
Business Consumer Alliance
The Business Consumer Alliance is a non-profit organization whose mission is to assist customers with business difficulties.
They only have 1 customer review where they got 2 out of 5, which is generally not a good or bad thing. Nevertheless, they have a BB rating. The reviewer shared that the RC Bullion salesmen were smooth talkers and did not give fair pricing to its coins.
Trustlink
TrustLink is a platform that assists organizations and clients in forming secure online partnerships. On their website, they offer important client feedback regarding businesses and firm information.
RC Bullion garnered a very positive rating of 5 out 5, with 153 reviews. This is a very good assessment of their business activities and clients will be more persuaded knowing that they have a strong client satisfaction rate.
Pros and Cons
If you are considering to conduct business with RC Bullion, here are some of the things you should bear in mind.
Pros
Cons
Conclusion and Final RC Bullion Review
Is RC Bullion a scam? The resounding answer is no. It is a safe and trusted precious metals dealer and gold IRA firm. They are commendable for educating their client on how investments work.
Their easy-to-navigate website, the numerous readings one can do before opting to purchase a product or service, and their prompt resolution to any conflicts are some of their good points.
However, just like every other thing in the world, you must also be wary on some of the things connected to them.
It goes without saying that you must be aware that choices are a little bit limited with RC Bullion. The articles given to you might overwhelm you and lead to you being dissuaded from their product line.
Overall, RC Bullion is a great company to invest. But, if you want to have a multitude of choices and be given transparency, then I heartily recommend this top precious metals firm.
Thank you for reading my 'Is RC Bullion A Scam?' article. Any comments and suggestions are appreciated. Do leave them in the section below.
