What is RC Bullion?RC Bullion Locations, Timings, Email, Phone, Services
RC Bullion is a precious metals dealer and gold IRA company based in Manhattan Beach, United States. Established in 2013, RC Bullion specializes in helping clients set up self-directed IRAs and offers a range of precious metal products for investment purposes.
As a precious metals dealer, RC Bullion provides a selection of gold, silver, palladium, and platinum coins. The company primarily focuses on IRA-approved coins, which are suitable for inclusion in a Precious Metals IRA. Additionally, they offer collectible coins for investors who are interested in numismatics.
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RC Bullion’s website features a knowledge section with informative articles about precious metals investment, FAQs, and a free precious metals investment guide. They also have a section where customers can submit questions directly to the company. However, it’s worth noting that as of my knowledge cutoff in September 2021, there is no transparency regarding the management team of RC Bullion, and pricing information is not available on their website.
In addition to their precious metals offerings, RC Bullion assists clients in converting their existing IRAs and 401(k) accounts into precious metals. They also provide mailing services for customers who prefer direct delivery of their precious metal purchases.
Address: 1500 Rosecrans Ave #500, Manhattan Beach, CA 90266, United States
People Behind RC Bullion: CEO, Owner, Co-Founders & MoreWho owns RC Bullion? What is the management team behind RC Bullion?
The management team of RC Bullion is not transparent. No information about CEO and Founders has been given on its website. There is no publicly available information about the management team, CEO, or founders of RC Bullion. The company’s website does not provide specific details regarding the individuals leading the organization or their backgrounds.
Transparency about the management team is indeed an important aspect when considering investments or working with a company. It allows stakeholders to evaluate the expertise, experience, and reputation of the individuals responsible for the organization’s operations.
However, in the case of RC Bullion, the absence of detailed information about the management team could indicate that they have chosen not to prominently display such details on their website or in their public communications. It’s possible that the company may have its reasons for not sharing this information publicly, although it’s difficult for me to speculate on their specific motivations.
If you require more specific information about the management team of RC Bullion, I recommend reaching out to the company directly. They may be able to provide you with the relevant details you are seeking.
RC Bullion Products: Bullion Coins, Bars, And Rare CoinsAll products offered by RC Bullion
RC Bullion offers a range of precious metals for investment, including gold, silver, platinum, and palladium. They provide a catalog of coins and other bullion products, with some eligible to be held in a Precious Metals IRA.
Examples of available coins include the Platinum Canadian Maple Leaf, Silver American Eagle, Silver Canadian Maple Leaf, Platinum Australian Platypus, Gold American Eagle, and Palladium Canadian Maple Leaf.
Gold coins offered by them include the Proof Gold Eagle, Proof Gold Buffalo, 99.999% Gold Maple Leaf, and Chinese Gold Panda. The Silver coins available include the Chinese Silver Panda, Proof Silver Eagle, and Morgan Silver Dollar. Platinum coins include the Platinum Maple Leaf and Australian Platinum Platypus, while the Canadian Maple Leaf is offered in palladium.
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When considering investment options, it’s advisable to conduct thorough research and make informed decisions based on your individual financial goals and circumstances.
How to Invest in RC Bullion IRA?Step-by-step guide for investing in RC Bullion IRA
To invest in a precious metals IRA through RC Bullion, here are the general steps:
Open a Self-Directed IRA
Select an IRA company that handles opening precious metals IRA accounts and fill out an application. You can work with RC Bullion to recommend an IRA company and provide the necessary paperwork. However, I don’t recommend doing so.
Fund Your IRA
Once you have selected an IRA company, you can move your funds into your new IRA account. You can work with the IRA company representative to transfer or roll over funds into the new account.
Select a Precious Metals Dealer
One of the forms you need to fill out along the way is typically called a Buy Direction Letter. This is where you list the precious metals dealer you have selected, such as RC Bullion.
Decide Which Precious Metals to Purchase
You can choose to invest in gold, silver, platinum, or palladium for your IRA. There are some restrictions regarding fineness requirements and allowable coin types, so it’s important to get guidance from RC Bullion in this area.
Place Your Order
Once the funds are available in your IRA account, you can call them to place your order for the desired precious metals.
However, I don’t recommend opening an IRA with them. Why? Because there are plenty of better options available for you.
Opening a precious metals IRA is a major decision. That’s why I suggest checking out our top gold IRA providers list. There, you can find the best precious metals dealer of your state and choose accordingly.
Also, the list will help you understand what the industry’s best has to offer and what you might miss out on.
RC Bullion Fees and Charges: Do they overcharge?What are their fees? Do they have hidden fees?
Limited information is available about fees and charges of RC Bullion on its website. It requires customers to read and sign a five-page shipping and account agreement before ordering precious metals. This agreement outlines various terms and conditions related to doing business with RC Bullion.
According to the agreement, deliveries are handled by nationally-recognized and reputable delivery services, and orders are shipped to the address provided by the customer unless otherwise specified.
If a delivery is not received, the customer must promptly notify RC Bullion in writing, and the company will investigate with the delivery service. If the package is confirmed lost or undelivered, RC Bullion will offer a refund or resend the order within 60 days.
Customers are responsible for inspecting the received precious metals to ensure their authenticity and quality. If there is a problem with the order, written notice must be provided to RC Bullion within 15 days of delivery. The company will either replace or refund the order, but removing the item from its original holder disqualifies the customer from a replacement or refund.
Their limited warranty covers the type and grade of precious metals as specified in the order, but it does not cover damage or loss after delivery. The products are graded by reputable grading services such as the Numismatic Guaranty Corporation of America, Professional Coin Grading Service, or ANACS. Repurchases are not guaranteed due to California law, but RC Bullion has a policy of offering repurchases based on market conditions.
Companies like Augusta charge ZERO fees for up to 10 years and allow you to choose your own gold & silver. RC Bullion on the other hand provides fewer options.
RC Bullion Reviews and Complaints: BBB, Trustpilot, SitejabberRead all the RC Bullion reviews & complaints
On Google, this bullion dealer has 4.2 stars out of 5-star ratings based on customer reviews. There are only 5 customer reviews on Google, and most of them are positive, with customers praising the company’s excellent customer service, professionalism, and expertise.
Better Business Bureau (BBB):
On the Better Business Bureau website, RC Bullion has an A+ rating. They are since 9 years in the precious metals industry. The business has no customer reviews on this website. Also no complaints has been filed or closed in the last 3 years. This business is BBB accredited on Better Business Bureau website.
Business Consumer Alliance (BCA):
On BCA, RC Bullion has no star ratings. A total of 1,853 inquiries have been filed by its customers. The company has only 1 customer rating. There they have a BB company rating.
The “BB” company rating on Business Consumer Alliance (BCA) is a rating given to businesses based on their overall performance and customer interactions. The BCA rating system ranges from AAA (highest) to F (lowest), with BB falling in the middle range.
The BB rating indicates that the business has generally demonstrated satisfactory performance and has a decent record of customer interactions. While it may not be the highest rating, it suggests that the business has addressed customer concerns and met their obligations to a reasonable extent. BCA evaluates various factors when assigning ratings, including complaint history, transparency, licensing, advertising practices, and more.
RC Bullion has only 1 report registered in their Ripoff Report account. The review is attached below.
On the Trustpilot website, RCB has 3.7 stars out of 5-star ratings based on customer reviews. There is only 1 customer review on the website. The business has average ratings on Trustpilot.
On TrustLink, RC Bullion has 5 stars ratings out of 5 stars based on 153 customer reviews and complaints. Most of the reviews are positive, with customers praising the company’s customer service, expertise, and its rapid shipping.
RC Bullion has received a few complaints on (BCA and Ripoff Reports)
RC Bullion has received several unresolved complaints from customers. There are also several unresolved negative reviews on different platforms. Our #1 rated gold IRA company has ZERO unanswered complaints on BBB.
Some Customer Reviews:
#1. David alleges that RC Bullion’s salesmen are persuasive but fail to provide fair pricing on the coins they offer. In his case, he claims to have been charged $1771 for a coin that he could have purchased for $1350 based on current gold pricing.
#2. Sun shares their experience of researching the IRA rollover process and coming across the RC Bullion website. Intrigued, they decided to reach out and contacted the company. Their call was answered by Anthony Miller, who proved to be friendly, knowledgeable, and effective in addressing all of Sun Sur’s inquiries.
#3. Clark expresses that while conducting research on precious metal IRAs, he consistently encountered the name RC Bullion, which consistently received top praise.
The support personnel at the company provided exceptional assistance and follow-up, making Clark feel like a valued member of their family. Clark describes them as a truly outstanding company to work with.
#4. Mike expresses his satisfaction with his association with this company, particularly with one of their top brokers, Anthony Miller. When Mike discovered company’s website, he was a complete newcomer to the concept of precious metals IRAs.
Thanks to Anthony’s expertise, he has now gained a good understanding of this investment avenue. Mike highlights that communication with them has been excellent, and the overall process has been remarkably smooth.
#5. Christopher warns that they are a scam robocalling company that repeatedly contacts individuals using different phone numbers. He strongly advises staying far away from such calls.
Is RC Bullion Legit? Should You Invest With Them?Is RC Bullion a scam or legit? Are they worth it?
No, I don’t think you should invest with them.
A+ ratings on BBB
Impressive product selection
No fee-related information is available
Lack of transparency
Received many negative reviews
Serious allegations of fraud are present in some complaints
While they are a legitimate company, they are not the best.
There are plenty of gold IRA companies with far more specialized services in the industry. Before you consider investing with any company, I recommend checking our best gold IRA providers first.
That way, you’d know what the industry’s best has to offer.
Alternatively, you can get a free gold IRA guide from our #1 rated company by clicking the button below: