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American Bullion Reviews An Honest Look| Lawsuits And Complaints,Fees And More

American Bullion Reviews | An Honest Look| Lawsuits And Complaints,Fees And More


Investing in precious metals can be a savvy way to diversify your portfolio and safeguard your wealth against economic downturns. 

American Bullion is a prominent name in the gold investment sector, known for its services in gold IRAs and bullion sales. But how does it stack up against the competition? 

we'll dive deep into American Bullion reviews, examining customer experiences, fees, potential lawsuits, and more to provide a well-rounded view of the company.

Our goal is to provide you with a clear, honest perspective so you can make an informed decision.

Before moving forward…

We have put a lot of effort into reviewing, researching, and outlining the key details that investors should be aware of prior to making an investment. 

The top 5 gold IRA firms have been selected from a long list.

I advise you to review the list before transferring any IRAs.

For several reasons, including their A+ BBB rating, thousands of top rankings, and Money magazine's designation as the "Best Gold IRA Company," Augusta Precious Metals is our top pick. Additionally, they will cover all storage and cleaning costs for up to 10 years!

What Is American Bullion? 

american bullion fees and pricing

Founded in 2009, American Bullion has built a reputation as a reliable provider of gold and silver investment products. The company was established to meet the growing demand for physical gold and silver as a hedge against economic uncertainty.

The American Bullion website offers a variety of educational tools. You may ask the business to offer you a complimentary gold investment kit, for instance. 

This contains details on the world economy, the precious metals sector, and the advantages and disadvantages of investing in precious metals.

American Bullion Review Products And Services

One of the primary services offered by American Bullion is the Gold IRA, which allows investors to hold physical gold within a tax-advantaged retirement account. This service includes assistance with account setup, rollover processes, and secure storage options.

Bullion and Coin Offerings

Product Range

American Bullion offers a wide variety of bullion and coins, including popular options like American Gold Eagles, Canadian Gold Maple Leafs, and various silver and platinum products. The company sources its products from reputable mints and guarantees their authenticity.

American Eagle Gold Coins

About American Gold Eagle Coins

The American Gold Eagle Coin was first issued in 1986 by the U.S. Mint. It has since risen to the rank of #1 for gold bullion investments as its weight, content, and purity are guaranteed by the U.S. government. By law, American Gold Eagle Coins must be made with gold mined in the United States. Its recognition, popularity, and liquidity make it one of the most sought-after gold coins in the world.

American Gold Eagle Coin Specs

Permissible for IRAs

Gold fineness = 0.916

Available in 1-oz, 1/2-oz, 1/4-oz, and 1/10-oz denominations

Obverse: Features the graceful Striding Liberty design of the $20 Saint-Gaudens gold coin, which was commissioned by Theodore Roosevelt to create coins like the ancient Greek and Roman coins.

Reverse: Designed by Miley Busiek. Depicts a nest of American eagles signifying the strength and security of American families.

American Gold Eagle Coin Benefits

Today’s turbulent financial market has created many reasons to buy American Gold Eagle Coins. They can protect investor wealth in unstable economies and add financial security against a weak dollar and inflation. The economic recession of 2008 caused many investors to buy American Gold Eagle Coins to protect their portfolios from market uncertainty. 

American Gold Eagle Coins are often a trusted investment no matter how volatile the financial climate, and have been known to move independently of stocks and bonds. In addition, being the most widely traded bullion coins in America, they are very liquid and can be readily bought or sold to precious metal dealers throughout the country.

Canadian Gold Maple Leaf Coins

About Canadian Gold Maple Leaf Coins

With a rating of 99.99% pure gold, Gold Maple Leaf coins are one of the purest gold coins of regular issue in existence. Canadian Gold Maple Leaf Coins contain virtually no base metals. They have a rich history, first minted in 1979 when they were only the second available bullion coin on the market after the Krugerrand in South Africa. They have retained tremendous popularity, resulting in 25 million troy ounces in sales when they were first introduced.

Aesthetic Features

With a refined portrait of Queen Elizabeth II, the Canadian Gold Maple Leaf coin features unsurpassed beauty and elegance. The original coins bore a picture of the Queen in her youth, later replacing it with a more mature portrait beginning in 1990. The back side of the coin features Canada’s national symbol – the maple leaf. Above the maple leaf is “Canada”. Below, the admirable purity of the coin and its weight is stated in English and French on the back side of the coin.

The year 2015 brought about an important change in the coin. The radial lines were machined to a precise degree in order to ensure that they are easily reproduced. The new line width and pitch have helped this coin to acquire a unique appearance and a light pattern that helps to differentiate this coin from others.


With the Royal Canadian Mint guaranteeing the purity and weight of each coin, the Canadian Gold Maple Leaf is one of the most desirable coins on the international market from a liquidity standpoint. It contains only infinitesimal additions of base metals due to its stringent purity standards. This liquid asset has helped make this coin one that is commonly added to gold IRAs.

Security Feature

The Royal Canadian Mint introduced a new security feature in 2013 to better support accurate coin authentication. The coin now features a textured maple leaf that is engraved into the coin using precise technologies. Additionally, the coin now contains a number within this special marking that indicates the year that the coin was issued.

PAMP Suisse Gold Bars

About PAMP Suisse Gold Bars

Individuals looking to invest in physical gold have two options: coins and bars. PAMP Suisse Gold Bars are world-renowned and permitted by the IRS to be held in individual retirement accounts. PAMP stands for “Produits Artistiques Métaux Précieux,” or “artistic precious metals products” in English. Established in 1977, this Swiss company is the world’s leading bullion brand. Their services include precious metals pricing, physical trading, and daily market reports. PAMP also has clients that range from central banks and government mints to bullion retailers.

PAMP Suisse Gold Bar Specs

99.99% pure gold

Dimensions in mm (10-oz. bar): 7.72 x 60 x 35

Obverse: The obverse (front) side depicts the goddess Fortuna, the Roman goddess of fortune and luck.

Reverse: Stamped with a unique serial number along with the weight and purity.

The design pictured above is the most common for PAMP Suisse Gold Bars. They are minted in other designs as well; since 2011, PAMP has been producing gold and silver bars in its “Lunar Calendar Series”, the latest in the series being the 2015 “year of the goat” edition.

PAMP Suisse Gold Bar Benefits

PAMP Suisse Gold Bars come in various shapes and sizes, and no matter the size or weight they are guaranteed to be the highest quality of pure gold – at least 99.99%. PAMP Suisse Gold Bars are permitted by the IRS for use in a self-directed IRA. Gold bullion must pass certain standards to be permissible in IRAs, which is why PAMP Suisse Gold Bars are one of the more popular products investors choose when adding gold bars to a Precious Metals IRA. Gold has also been used as a safe haven from inflation for decades. The value of paper assets can change severely, while gold’s track record has remained solid for over the past 30 years. If you have not diversified your retirement holdings beyond the stock market, it may be time to do so.

Additional IRA Permissible Bars

PAMP Suisse Silver Bar

PAMP Suisse Platinum Bar

PAMP Suisse Palladium Bar

American Bullion Custodians and Storage

The Delaware Depository offers safekeeping for bullion acquired through American Bullion. The corporation has modern security procedures and Class 3 vaults at its Wilmington, Delaware facility. The business declares the following:

American Bullion employs the Delaware Depository, an established location covered by a $1 billion all-risk insurance policy via Lloyd's of London and approved by the IRS. 

Modern inventory control and reporting systems, specialized security personnel, and round-the-clock video recording of all activities are employed at this location. 

In order to reduce risk, the investment is situated distant from important political and financial hubs and is physically visible at all times.

STRATA Trust Company is a preferred partner of American Bullion.

American Bullion Scholarship Program

The scholarship guidelines are described as follows on the company website:

The applicant must be a full-time undergraduate student enrolled in a recognized US college or university at this time. Before earning any money, winners will need to show a legitimate student ID, transcript, or other documentation of their enrollment. Graduate students or high school graduates planning to attend college are not eligible for this prize.

The applicant needs to have a valid student visa or be a resident of the United States legally.

A scholarship essay must have a word count of at least 500 and no more than 1,000.

Each person may submit one entry per year.

Applications that don't fit the aforementioned specifications won't be considered.

The names and essays of the winners will be posted on the American Bullion website and social media pages.

Click Here To Visit American Bullion

American Bullion Pros And Cons


With the exception of a few bad reviews, the online reputation is positive.

A rating and accreditation from the Better Business Bureau.

Promotions for new clients, such as having the first year's costs eliminated when starting an account.

offers safekeeping through Delaware Depository

Options for separated or non-segregated storage


Some bad feedback and complaints.

Exclusive coins carry a higher cost.

American Bullion Fees And Pricing

For custodial services, American Bullion has a sole partnership with STRATA Trust Company.

STRATA Trust Company

$50 setup charge for accounts
Annual account maintenance charge of $95
$150 for the storage of precious metals in a segregated area and $100 for non-segregated areas

In addition, the business is offering free storage and a one-year waiver on custodial account fees to entice new customers. The catch is that the new Gold IRA account must be funded, rolled over, or transferred with a minimum of $50,000.

American Bullion Reviews,Complaints And Lawsuits

american bullion complaints lawsuits

On websites run by third parties, there are numerous positive evaluations. They have an A rating and 4.43 out of 5 stars based on 7 reviews. They are also BBB accredited.

Based on 194 reviews, the company has a rating of 4.4 stars on Trustpilot. Based on 57 reviews, Trustlink has a rating of 5 out of 5 stars, suggesting widespread happiness and acclaim. Yelp is the only website with mediocre reviews; out of 18 reviews, it has a 3.5 star rating.

Nevertheless, over 90% of the consumers are really satisfied, according to the average of all of these reviews. 

How To Invest With American Bullion?

There are 3 easy steps to process your IRA Rollover.
If you have questions or need help at any point, call American Bullion at 1-800-465-3472 and our precious metals specialists will answer any questions.

1. Shipping and Transaction Agreement
The transaction agreement is required by American Bullion to legally set up your account, purchase gold on your behalf, and have it shipped to an IRA-approved depository. It can be reviewed and filled out online by visiting the links below.

Shipping and Transaction Agreement (PDF)
Online Shipping and Transaction Agreement (E-SIGNATURE)

2. Self-Directed IRA Application
This application must be completed and signed in order for American Bullion to set up your account with Strata Trust Company(Strata).

3. Send Copy of Financial Statement
Once the Application is completed, please attach a copy of your most recent retirement account statement using the form below.

American Bullion Alternative And Top Competitors

1-Augusta Precious Metals read my full review

1-thousands of 5-star reviews. Additionally, there are hundreds of reviews on BBB, BCA, TrustLink, and other consumer protection websites.

2-Joe Montana and his finance team’s endorsement.

3-An original, no-cost, one-on-one instructional web conference created by a Harvard-trained economist employed by Augusta.


2- Goldco read my full review

1-AAA Business Consumers Alliance Rating, A+ BBB Rating, 5-Star Review on Trustpilot, Trustlink, Google Reviews, and Consumer Affairs

2-Best Price Buyback Promise

3-Every client is eligible for up to 10% in FREE silver.


3-American Hartford Gold read my full review

1-Specifically Recommend by Rick Harrison, Mayor Giuliani, Bill O’Reilly, and Others

2-Deliveries of precious metals totaling more than $1 billion and thousands of satisfied customers

3-Up to $10,000 in FREE Silver is being offered.


4- Birch Gold Group read my full review

1-Credibility according to Trust Pilot and an A+ rating from the BBB

2-more than 7,000 clients since 2003

3-Any order above $10,000 will receive free shipping.


5-Noble Gold read my full review

1-Service and storage costs are fixed.

2-a wealth of educational resources

3-minimal investment required

American Bullion FAQ'S

What is American Bullion?

American Bullion is a precious metals investment firm specializing in gold IRAs and the sale of gold, silver, platinum, and palladium bullion. The company helps investors diversify their portfolios with physical precious metals.

How do I open a Gold IRA with American Bullion?

To open a Gold IRA with American Bullion, you need to contact their specialists, complete the necessary paperwork, fund your account via rollover or transfer, choose your precious metals, and arrange for secure storage.

What fees does American Bullion charge?

American Bullion charges fees for account setup, annual maintenance, and storage. These fees vary based on the amount of precious metals held and the type of storage selected. Detailed fee information should be reviewed on their website or by contacting their customer service.

Are there any notable lawsuits against American Bullion?

American Bullion, like many companies in the financial sector, has faced lawsuits and legal challenges. Prospective investors should research these cases to understand the nature of the complaints and their outcomes.

What types of precious metals can I purchase from American Bullion?

American Bullion offers a variety of precious metals, including gold, silver, platinum, and palladium. Popular products include American Gold Eagles, Canadian Gold Maple Leafs, and various silver and platinum bullion and coins.

How does American Bullion ensure the security of my investments?

American Bullion partners with secure storage facilities to protect your precious metals. They offer segregated and non-segregated storage options, along with insurance coverage to guard against loss or damage.

American Bullion Verdict

American Bullion provides a comprehensive range of services for investors interested in precious metals. With a focus on gold IRAs, bullion sales, and secure storage, the company offers various products and educational resources to support informed investment decisions. 

While there are fees and potential customer service issues to consider, the positive reviews and extensive experience in the industry make American Bullion a notable option for those looking to diversify their portfolios with precious metals.

Finally, if the company does not suit your requirements, you may always check into other options using my post on the finest gold ira companies.