Hello and welcome to my Scottsdale Bullion & Coins Review!
If you are looking for the a good and proper way to invest in precious metals, you might have to consider the supplier of such products. Your economic trip will become easier if you have the best seller out there.
With this in mind, is Scottsdale Bullion & Coins one of the reliable and trustworthy dealers in the industry today? We will be answering this question amongst others in this article.
Sit tight and we shall embark on a journey in this Scottsdale Bullion & Coins Review!
If you rather skip to finding out our top-recommended precious metals company, click here!
Scottsdale Bullion & Coins Review Quick Summary
Name: Scottsdale Bullion & Coins
Founder: Eric Sepanek
Partner Custodian/s: No information available
Prices: Varies
Rating: 3.5/5
Scottsdale Bullion & Coins - Background
Scottsdale Bullion & Coin is an Arizona-based precious metals investment company, which was founded in 2011 by Eric Sepanek.
It provides clients with high-quality precious metals investments and at the same time, educate them on making the best decisions on their investments.
Currently, the world's economy has experienced a fluctuation on the financial and political uncertainties. Investors have been finding ways to diversify their investments in hopes of reducing their losses when economical crises occur.
One of the best ways to do this is to invest in precious metals. But it has been a challenge to find a good precious metals dealer because scammers and fake precious metal dealers are lying around.
This has been Scottsdale Bullion & Coin's motivation: to provide legit services to clients and educate them.
Their website is rich with information, having a blog and a guide that is about investing in precious metals. Moreover, they have experienced advisors who are ready to assist their clients and investors.
Company Management Team
Scottsdale Bullion & Coin's founder, Eric Sepanek, is both a master and a student of the world of precious metals investing.
He has made it his mission to educate people about the wealth preservation power of precious metals. He aims to share his knowledge about it that he has cultivated through years of experience in the industry.
One cannot learn about precious metals in school. The same thing with Eric. He only honed his skills on the industry when he worked as a broker for a huge precious metals firm.
He traded day in and day out, and even studied the precious metals market, as well as its history. He became a master of the industry.
Eric has written several articles about precious metals, and even became a guest in various media, discussing about the power of precious metals.
Apart from Eric, Scottsdale Bullion & Coin is comprised of capable and professional financial advisors who have an extended knowledge on the industry. So rest assured, that the clients are well-taken care of.
Scottsdale Bullion & Coin Products
Scottsdale Bullion & Coin offers a wide range of gold and silver coin and bullion. The company's website has a product catalog that shows the complete list of products they offer.
Moreover, the company offers bullion, numismatics and proof coins.
Among the products are the following:
- American Gold & Silver Coins
- Canadian Gold & Silver Coins
- Austrian Gold Coins
- Chinese Gold & Silver Coins
- South African Gold Coins
- Australian Gold Coins
- 1/10 oz gold bars
- 1 oz gold bars
- 10 oz gold bars
- 1 oz silver bars
- 10 oz silver bars
- Kilo silver bars
How to buy from Scottsdale Bullion & Coin?
Scottsdale Bullion & Coin's website allows clients to order precious metals online. The process is made easy and similar to most e-commerce websites out there.
You need to create an account on their website. Then you can access their product catalog and start choosing products you want to buy.
Add them to your cart and then proceed to the payment. Once they receive your payment, they will ship your products to your desired location.
Currently, Scottsdale Bullion & Coin is not providing any information on their payment methods and shipping policies.
How to sell to Scottsdale Bullion & Coin?
Apart from buying precious metals to Scottsdale Bullion & Coin, you can also sell the precious metals you own to them, for liquidation.
Moreover, you can also do a trade-in with them. The process is made simple.
First, you can visit them in their office and personally bring your precious metals. Or you can also send them pictures of your products online.
The company's appraisers will check the products and offer you a price for them. If you are satisfied with it, you can ship your precious metals to them or drop them at their office.
Once they have received the products, you will get paid!. Simple.
Scottsdale Bullion & Coin accepts the following:
- Bullion Coins, Bars & Rounds
- Graded Coins & Rare Coins
- Junk Silver
Scottsdale Bullion & Coin IRA
Scottsdale Bullion and Coins is an advocate for self-directed IRAs. Part of their beliefs is to broaden their client's portfolio as well as protect their assets from market uncertainties.
Accordingly, this company aims to educate their clients about the benefits of creating a gold or silver IRA. Personally, it is such a nice welcome for a company to do such a thing.
On account of them being invested, so to speak, for their client's future, they have their own video posted on YouTube explaining the ins and outs of gold IRA, what to look out for, etc.
How to Start?
Opening a self-directed account in Scottsdale Bullion & Coin is as easy as it gets.
First, you need to apply for such an account. Procuring the necessary details about you and your financial activities, complying and filling out of required forms, and the short meetings with some of their representatives are some of the things you need to do beforehand.
Second, is to provide the funds for your self-directed IRA. Normally, you will be given a set of options for this one in order to maximize the relationship you will have with this company.
Third, the actual buying of physical gold and silver for your account. You can also include other precious metals such as platinum and palladium, although you might need to have a talk with their term with regards to their eligibility.
The process is quite similar to our recommended precious metals dealer, Goldco, although the requirements here are one too many that may overwhelm you.
IRA Approved Precious Metals
As seen above, these are the eligible coins that can be included in a self-directed IRA. For a full list of information about these coins, you can check them out in their website.
It is important to take note, however, of the requirement of these coins. For example, their weight and purity will be taken into account.
- For gold, a 0.995 purity is needed
- For silver, a 0.999 purity is needed
- For platinum, a 0.9995 purity is needed
- For palladium, a 0.9995 purity is needed
One of the best gold IRA companies in the industry (Goldco) also require these things to be complied in order for business to smoothly continue.
Frequently Asked Questions
Is Scottsdale Bullion & Coin an IRA custodian?
No. Scottsdale Bullion & Coin is simply your IRA-eligible precious metals provider. However, it does have advisors who would help you set-up your Individual Retirement Accounts.
They can hook you up with a third-party IRA custodian to handle your IRA.
Is there a minimum requirement for IRA rollover?
Yes. To transfer or rollover an IRA, there is a $10,000 minimum. Moreover, non-transfer/non-rollover newly established accounts has a minimum of $5,000.
Customer Ratings and Complaints
Listed below are the ratings and reviews I found online from reputable organizations and websites regarding this company's work ethics and overall capacity.
- Better Business Bureau - 5 out of 5 rating, A+ rating, based on 4 reviews, BBB accredited
- Business Consumer Alliance - No rating available, no customer review available
- Trustlink - Has a dedicated page but no rating and review available
- Yelp - 3.5 out of 5 on 17 reviews
Although Scottsdale Bullion & Coin has good BBB ratings and is BBB accredited, the number of reviews it received is only few, making the sample size very small.
Compared to the other high-rated precious metals companies, Scottsdale Bullion & Coin is behind them in this aspect.
Pros and Cons
Pros
Cons
Final Verdict
To conclude this Scottsdale Bullion & Coins Review, we will be summarizing all that information we have.
As a result of being a self-directed IRA company, Scottsdale Bullion & Coins offers a wide array of products and services to their customers. Kudos to them for actually giving their clients more options!
Base on this, they have also included must read articles about their products. I commend them for putting their client above all else and their willingness to educate them in their financial activities.
Add to the fact that most client nowadays are into buying, selling, and trading assets. It is quite a bold, but great move, for this company to implore in their allowable excursions.
However, some of the reviews I've read talked about how curt their phone calls and talks with some of the representatives as well as how high their prices are compared to other competitors.
These are just the things you need to keep on mind. To repeat an unspoken fact, Scottsdale Bullion & Coins is a reputable organization. However, there are other better alternatives to them.
Thank you for reading my Scottsdale Bullion & Coins Review. If you have any questions or comments regarding this article of mine, do write them in the comments section below.
