Midwest Bullion Exchange Review (Scam?) (Updated Oct 2022)

October 2, 2022

Midwest Bullion Exchange Review

Welcome to my Midwest Bullion Exchange Review!

This post ws updated on October 2, 2022.

Do you wish to know if this company is to be trusted or not? This Midwest Bullion Exchange Review contains all the vital information you need to get to know it.

So without further ado, let's get right on to it.

Midwest Bullion Exchange Review Quick Summary

Name: Midwest Bullion Exchange

Website: privatebullion.com

Owner: Scott Hage

Price: Varies depending on your investments

Rating: 3/5

Midwest Bullion Exchange Review logo


What is Midwest Bullion Exchange?

Midwest Bullion Exchange, also known as Private Bullion, is a full-service precious metals company that was founded in 2009. According to Linkedin, it is owned by Scott Hage.

It is currently headquartered at Minnetonka, Minnesota. The company aims to provide its clients with the best and highest standard products available in the market.

Midwest Bullion Exchange Products

Midwest Bullion Exchange offers a wide range of precious metals including gold, silver, platinum and palladium. They all come in bars and coins, and there are also IRA-eligible ones.

Gold products include the Gold Austrian Philharmonic and American Gold Buffalo.

For silver, the American Silver Eagle and Canadian Silver Maple Leaf are among the options.

Platinum American Eagle and Canadian Palladium Maple Leaf are also offered.

Other products include collectible coins and of course, IRA services.

Unfortunately, most of its products are "Out of Stock".

Storage and Custodian

Vault storage of the company's IRA-eligible products are provided by Delaware Depository.

It offers both segregated and non-segregated storage options. Furthermore, it is fully insured by Lloyd's of London, which is one of the oldest insurance companies in the world.

For custodial services, Midwest Bullion Exchange partnered up with GoldStar Trust Company.

Midwest Bullion Exchange Ratings and Reviews (2022 Update!)

Below are the online ratings and reviews of Midwest Bullion Exchange.

  • BBB - A+ rating, no reviews, 0 complaints, not BBB accredited:
Midwest Bullion Exchange BBB Rating (Updated Oct 2022)

  • Yellowpages - they still have a 5/5 rating based on 2 reviews... no new reviews since the last update, oddly enough:
Midwest Bullion Exchange Yellow Pages Rating (Updated Oct 2022)

  • Yelp - 5/5 rating based on 2 reviews (no new reviews as of October 2022):
Midwest Bullion Exchange Yelp Rating (Updated Oct 2022)

Even though the ratings are good, they are still based on a few number of reviews, which is not that much of a help, considering that other companies have very good ratings and reviews.

Midwest Bullion Exchange Pros and Cons


  • Good products and services
  • Have been around since 2009


  • Lacks reviews
  • Most products are "Out of Stock"

Is Midwest Bullion Exchange a scam?

To conclude this Midwest Bullion Exchange Review, let's answer this question.

Midwest Bullion Exchange is not a scam. It is a legit and genuine full-service precious metals provider. Moreover, it is partners with various companies such as Delaware Depository and GoldStar Trust Company.

Currently, it still lacks reviews compared to its competitors and lastly, its products are deemed "Out of Stock".

So if you are looking for the best precious metals company, check out my top recommendation below.

Thank you so much for reading my Midwest Bullion Exchange Review. If you have any comments or questions, feel free to leave them in the comments section.

Leave a Reply

Your email address will not be published.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

 Questions? Call 855-444-7022