American Bullion Review: Is it a Good Gold IRA Company?

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Read our Advertising Disclosure.

I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.

American Bullion offers IRS-approved precious metal IRA accounts. Take a look at our American Bullion review to learn more about this company and its retirement products.

American Bullion American Bullion
Services: Precious metals IRA, buy and sell bullion
Minimum investment: $50,000
Fees: $75-$290/yr (custodian fees)
  • Been in business over 10 years
  • 1,000’s of 5-star customer reviews on Trustpilot
  • Industry competitive fees
  • Excellent customer service
  • No online purchase available
  • $50,00 minimum for IRAs
Promotion: No current promotions

American Bullion stands out by offering a straightforward path to opening an IRS approved precious metal IRA.

In the following American Bullion review, we’ll go over the various products this company offers and help you determine whether it’s a good match for your investment goals.

Are the IRS rules regarding gold IRAs leaving you confused? Are you having a hard time finding a reliable company that can help you invest in precious metals?

Adding gold, silver, and other precious metals to your portfolio is a great way to diversify while mitigating risks. However, many investors struggle with finding a suitable custodian.

Here’s why American Bullion could be a great option.

What is American Bullion?

American Bullion homepage website

American Bullion, Inc. is a U.S.-based precious metal dealer and investment company. Founded in 2009, this company quickly established itself as a leader in the gold IRA rollover market.

Founder and CEO Orkan Ozkan and Co-Founder and President Nevtan Akcora have extensive backgrounds as commodity brokers. Their mission is to make investing in precious metals transparent and accessible to everyone.

By facilitating the process of purchasing gold bullion and silver coins, American Bullion hopes to help investors create a hedge against inflation and diversify their investments.

American Bullion Services

The 1997 Taxpayer Relief Act introduced the possibility of investing in physical precious metals as part of a retirement portfolio.

However, the IRS set strict requirements regarding the gold and silver coins and bars that investors can select as well as their storage.

American Bullion offers individual retirement accounts that aim to meet IRS requirements for storage.

Gold IRA

American Bullion’s Gold IRA product is a retirement account that gives you direct exposure to gold coins and bullion. This account is technically a self-directed IRA, but you’ll get help from precious metal specialists who oversee the process of purchasing and storing physical assets.

Instead of choosing bullion coins for their numismatic characteristics or for their value as collectibles, American Bullion allows you to invest in IRA-approved coins, including the American Eagle, Canadian Maple Leaf, Austrian Philharmonic and Australian Kangaroo as well as some gold bars with a fineness of 99.9%.

While it’s difficult to predict future results, the past performance of these products was impressive. Prices have fluctuated over the past three years, but gold gained over 24% in value in 2020 alone.

American Bullion acquires coins on your behalf through its network of precious metal dealers. Going through this network ensures that you get gold at spot price or better.

The Delaware Depository, an IRS-approved facility for storing physical gold for your IRA account, safely stores the proof coins.

Silver IRA

American Bullion offers additional types of precious metals IRAs. If you decide that an American Bullion’s gold IRA account isn’t a good fit for your investment goals, you may be interested in opening an accredited silver IRA instead.

Silver is an alternative worth considering since it comes with a lower entry price. Plus, this commodity gives you exposure to the industrial market.

Just like with its gold IRA product, American Bullion meets the requirements set by the IRS for storing silver coins.

The company will purchase coins and bullion on your behalf and help you through the process of rolling over an existing retirement account.

American Bullion Fees & Minimum Investment

Precious Metals IRA Transactions

Set-up Fee$50
Maintenance Fee$95 per year
Storage Fee$150 per year
Minimum Investment$50,000

Non-IRA Transactions

Storage Fee$150 per year
Minimum InvestmentN/A

Who Should Use American Bullion?

Gaining exposure to precious metals is a smart move. However, few traditional investment vehicles give you direct exposure to physical assets, and investing in the commodity market can be challenging due to high volatility.

Any investor who is looking for a way to create a hedge for their portfolio with tangible assets should consider American Bullion.

This company is a good fit for anyone who wants an easy and accessible way of investing in gold, silver, palladium or platinum.

The storage, annual and initial setup fees are reasonable and make American Bullion worth considering even if you want to invest a small portion of your savings in precious metals.

Plus, this company simplifies the process of opening a qualifying precious metal IRA or rolling over an existing retirement account. If you have an existing 401(k), American Bullion can help you use those funds to diversify your portfolio.

American Bullion is also an option worth considering if you’re looking for a way to purchase precious metals outside of your retirement account.

How Does American Bullion Compare?

$75-$290/yr (custodian fees)
No current promotions
Up to $10,000 or more in free silver (with a qualified account)
Zero fees for up to 10 years (depending on the investment amount) (depending on the investment amount)
$75-$290/yr (custodian fees)
No current promotions
Up to $10,000 or more in free silver (with a qualified account)
Zero fees for up to 10 years (depending on the investment amount) (depending on the investment amount)

Getting Started with American Bullion

American Bullion stands out from other gold IRA companies by offering a straightforward setup process. Here’s how you can get started:

  1. Fill out an online form with your name and contact information to receive a free gold buyers’ guide.
  2. Read this guide and use outside sources to conduct your due diligence before deciding if investing in precious metals is right for you.
  3. After you fill out American Bullion’s online contact form, you’ll hear back from an IRA specialist. You’ll be able to ask questions, find out what to expect the first time you invest in gold and get a better idea of how precious metals fit with your investment goals.
  4. If you decide to go ahead and open an IRA with American Bullion, you’ll receive some IRA forms to complete.
  5. Next, you’ll be able to start funding your new retirement account by setting up a wire transfer.
  6. American Bullion will use the funds to purchase precious metals on your behalf and store the coins or bullion in a secure facility.
  7. You’ll receive regular updates regarding your assets, including performance reports.You can wire more funds and set up regular contributions to keep building your account within the yearly IRA contribution limit.

American Bullion Reviews

The team at American Bullion is so knowledgeable when it comes to buying gold. They answered all my questions and were so polite. Thank you.

Sammy C., Verified Google Customer

In these tough economic times, it is refreshing and encouraging to work with a business that I could trust and know that they had my best interests in mind. They also made the process of selling my precious metals fast and as easy as possible. Thank you American Bullion for your help and expertise.

Douglas Y., Verified Trustpilot Customer

Should I Invest with American Bullion?

After researching gold IRA companies for our American Bullion review, we recommend this company because of the clear and straightforward process for opening a new account or rolling over an existing retirement account.

There are few negative American Bullion reviews on the Better Business Bureau website for this company, and you can find several great customer reviews on sites such as TrustPilot, and TrustLink.

After reading our American Bullion review, do you think this company could be a good match for your retirement goals? If so, fill out their online form.

American Bullion FAQs

Read on to learn more about investing in precious metals with American Bullion.

Is American Bullion a good company?

American Bullion is a precious metal dealer and investment company with a positive reputation.

The founders’ extensive background in the commodity market and the several positive reviews from customers are signs you can trust this IRA account provider.

Who owns American Bullion?

The original founders, Nevtan Akcora and Orkan Ozkan, are also the owners.

Does American Bullion have any pending lawsuits or complaints?

The BBB has two resolved complaints on file. American Bullion also faced a legal complaint for failing to maintain a valid registration with the Minnesota Department of Commerce.

What is American Bullion’s address?

American Bullion’s address is 2301 Wilshire Blvd #305, Los Angeles, California


Goldco is a leader in the precious metals industry, with over a decade of experience helping customers protect their retirement savings. 

We earn a commission if you invest, at no additional cost to you.
American Bullion
american bullion review

Founded in 2009 by two veteran precious metals traders, American Bullion is the pioneer and a trusted leader in adding precious metals to your Individual Retirement Account.

Product Brand: American Bullion

Editor's Rating:

I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.

More Posts

You May Also Like

Gold IRA Companies

Precious Metals

7 Best Gold IRA Companies 2024 (Ranked by customer reviews)

Gold IRA Definition

Precious Metals

Gold IRA: Official Investment Guide

Legacy Precious Metals review

Precious Metals

Legacy Precious Metals Review: Is it a Legitimate Company?

Fidelity Gold IRA review

Precious Metals

Fidelity Gold IRA Review – Pros, Cons, Fees, & Reviews