Updated: July 31, 2026
OPRS may receive compensation when readers open an account through partner links elsewhere on this site. American Bullion is not an OPRS affiliate partner and no tracked link to American Bullion appears on this page. The analysis below relies on American Bullion’s own live site, the company’s Better Business Bureau profile, the IRC and IRS publications, and public federal enforcement dockets checked at review time.
American Bullion, Inc. has been in the US precious-metals IRA space since 2009. It runs a Los Angeles head office at 12301 Wilshire Boulevard, Suite 305, and pushes almost all of its inbound flow through the same rollover funnel: a phone call, a specialist, and a self-directed IRA opened at STRATA Trust Company.
This review looks at what a prospective account holder can actually verify before signing paperwork. That means the corporate filings, the BBB profile at review time, the published minimums and fee terms, the custodian and depository chain, and the federal enforcement record. The tone is flat and factual, not promotional.
Before you route a rollover to any single dealer
The OPRS list of gold IRA operators to avoid names the dealers we currently caution against based on complaint history, state actions, and disclosure gaps. Three of the 27+ dealers reviewed by OPRS make the 2026 trusted short list, and the caution list is the fastest way to see who does not.
American Bullion company profile
American Bullion, Inc. is a California-registered corporation that started trading in March 2009. Its BBB business profile lists Orkan Ozkan as chief executive and shows a founding date of 1 March 2009, which aligns with the company’s own “Since 2009” banner on its homepage.
The head office sits at 12301 Wilshire Boulevard, Suite 305, Los Angeles, CA 90025-1022. The main sales line is (310) 689-7720 and the toll-free number published in the site header is 1-800-465-3472. There is no publicly listed secondary office, though older marketing materials referenced a Boulder City, Nevada, viewing location tied to the Delaware Depository’s Nevada vault.
American Bullion is a dealer, not a custodian and not a depository. It arranges the sale of physical gold, silver, platinum, and palladium into a self-directed IRA opened at a third-party trustee, and it coordinates shipment to an IRS-approved depository. Under 26 CFR §1.408-2(e), only an IRS-approved non-bank trustee may hold IRA-titled precious metals.
American Bullion is a member of the Industry Council for Tangible Assets and the American Numismatic Association. It is also part of the Professional Coin Grading Service and Numismatic Guaranty Corporation dealer networks. The company is listed as a United States Mint authorized purchaser and a Royal Canadian Mint Bullion DNA registered dealer.
BBB profile and federal enforcement record
American Bullion carries an A+ letter grade with the Better Business Bureau and has been BBB-accredited since 15 March 2011. The Los Angeles BBB profile was captured in early November 2025. It reports 0 complaints closed in the past 12 months and 0 complaints closed in the past 3 years. The profile also shows an average of 4.5 stars across 10 customer reviews.
The complaint record is materially cleaner than what OPRS observed on older captures of the same profile, where a small number of pricing-dispute complaints did appear. Readers should still pull up the current profile before any first call, because BBB counts can move quickly and the profile itself is the primary source.
OPRS also checked the federal enforcement dockets at review time. SEC EDGAR returns no direct filings by American Bullion, Inc. under this name. The CFTC press-release archive shows no enforcement action against American Bullion. The FTC public case index shows no consent order or complaint against the company. No open state attorney general action was located in the public press indexes we searched.
The absence of a public enforcement record is not a guarantee of clean sales practices going forward. FINRA’s investor education material on precious-metals IRAs and the SEC investor.gov self-directed IRA glossary and alert both flag the sales-cycle patterns worth watching for on any dealer, including spot-to-premium bait-and-switch and unsolicited call funnels.
Minimums, fees, and the STRATA custody arrangement
American Bullion does not publish a standing IRA account minimum on its public product pages. The only hard dollar threshold visible on the company’s site at review time is the promotional fee-waiver qualifier. A rollover of at least $50,000 into the new gold IRA is required to unlock the first-year custodian and storage fee waiver.
Historical OPRS captures of the site listed a $10,000 rollover minimum, a $25 account setup fee, and a $160 annual account fee. Those specific numbers are no longer published on the American Bullion site today. A prospective buyer should request the current custodian fee schedule in writing before signing anything, because the fee stack ultimately runs on the STRATA custodian ticket, not on a Bullion price sheet.
The company’s current “No Account Fees” promotional page names STRATA Trust Company and the Delaware Depository as the custodian and vault pairing for the offer. STRATA is a Texas-chartered non-bank trustee that has served as a self-directed IRA custodian for many precious-metals dealers in the market. It is one of the more common custodian choices for a mid-tier US gold IRA.
What the buyer sees on the annual statement is the custodian’s flat administrative fee plus the depository’s storage fee. What the buyer does not see, unless it is asked for by name, is the dealer’s own spread between the spot price and the coin or bar delivered. That spread is where American Bullion earns its own revenue on the buy ticket.
The absence of a public fee schedule is not unique to American Bullion. It is the industry norm for the US gold IRA sector, and it is the single most consistent reason OPRS advises readers to request a written spot-plus-premium quote before any wire is sent.
Products, storage, and depository
American Bullion offers IRA-eligible gold, silver, platinum, and palladium in coin and bar formats. The IRS purity floor is 99.5 percent for gold and 99.9 percent for silver, platinum, and palladium, per IRC §408(m)(3), with a statutory carve-out for the American Gold Eagle.
Typical American Bullion IRA line items are American Gold Eagles, American Gold Buffalos, Canadian Gold Maple Leafs, Austrian Gold Philharmonics, and PAMP Suisse, Credit Suisse and UBS bars. On the numismatic side, the company also markets proof and pre-1933 US gold, most of which is not IRA-eligible under the Section 408(m)(3) carve-out list detailed in IRS Publication 590-A.
IRA-titled metals for American Bullion accounts are stored at the Delaware Depository in Wilmington. Delaware Depository is a Class 3 UL vault with reported all-risk insurance underwritten through Lloyd’s of London, and it is one of a small set of IRS-approved non-bank trustee depositories in routine use across the US gold IRA industry.
The buyer can request a segregated storage election, which stores that specific account’s metals in a separately allocated position rather than commingled with other clients’ inventory. Segregated storage typically carries a higher annual fee than commingled storage.
Where American Bullion sits in the wider US market
American Bullion is a mid-tier US precious-metals IRA dealer by tenure and by inbound funnel size. Its 2009 founding date puts it earlier than most current-generation IRA-focused firms, and its BBB record is clean at review time.
The company’s marketing lean is on rollover mechanics and product breadth rather than on a written education-first sales cycle. That places it closer to a traditional dealer footprint than to the education-forward posture of the current OPRS priority partner. The priority partner serves a similar buyer cohort but ships a company checklist and a schedule of one-on-one educational calls before the first buy ticket.
For readers comparing dealers, the useful anchor is the recurring-cost stack, not the front-of-page marketing. The 2026 industry fee benchmark lines up account setup, annual administration, and annual storage across the US dealer set. That is the surface an American Bullion quote should ultimately be measured against.
What American Bullion does well
- Sixteen-plus years of continuous trading in the US precious-metals IRA space, dating back to March 2009.
- A+ BBB grade at review time, with 0 closed complaints in the past 3 years on the Los Angeles BBB profile.
- Broad IRA-eligible inventory across gold, silver, platinum, and palladium in coin and bar formats.
- Custody handled by STRATA Trust Company, a well-known non-bank trustee in the self-directed IRA market.
- Metals held at the Delaware Depository, an IRS-approved vault with segregated-storage election available.
- United States Mint authorized purchaser status and Royal Canadian Mint Bullion DNA registration for coin sourcing.
- Physical viewing option cited by the company for account holders who want to visit their metals in person.
Where American Bullion is weaker
- No standing IRA account minimum is published on the public site, which makes cost-planning at signup guess-driven.
- No public fee schedule, so the recurring-cost total has to be requested from the custodian on a case-by-case basis.
- No published dealer-markup range on standard bullion coins, which is the largest single line item in the first-year cost.
- Educational content on the site still references outdated 2022 IRA contribution limits in places, rather than the current IRS figures published annually in the 2026 cost-of-living adjustment notice.
- Promotional first-year fee waiver requires a $50,000 minimum rollover, which excludes smaller balances from the headline offer.
- Some marketing references proof and pre-1933 US gold, which is generally not IRA-eligible; the buyer has to insist on a bullion-only IRA quote for direct comparison.
Should you use American Bullion?
American Bullion is a legitimate, long-tenured US gold IRA dealer with a clean BBB record at review time and a workable custodian and depository pairing. A well-prepared buyer who insists on a written custodian fee sheet, a recorded spot-plus-premium quote, and a bullion-only inventory can open an American Bullion IRA without hidden traps.
American Bullion is not on the OPRS 2026 trusted short list. That is not a caution flag against the company. It reflects OPRS priority routing to partners that ship a written company checklist and a scheduled education call before any first buy ticket, plus a published dealer-spread transparency posture that American Bullion does not currently match.
OPRS does not receive any compensation for American Bullion sign-ups and does not link to the American Bullion storefront from this page. The company’s own site is straightforward to find. Any reader who plans to open an American Bullion account should also read the OPRS dealer caution list and the custodian framework before wiring funds.
FAQ
Is American Bullion a scam?
OPRS found no open enforcement action from the SEC, CFTC, FTC, or a state attorney general against American Bullion, Inc. in the public dockets checked at review time. The BBB profile shows an A+ grade with 0 closed complaints in the past 3 years as of the November 2025 capture. The company is a legitimate, long-tenured US precious-metals dealer.
What is the minimum to open an American Bullion gold IRA?
American Bullion does not publish a standing IRA account minimum on its public site as of review time. The only hard dollar figure quoted on the site is $50,000, which is the qualifying rollover amount for the promotional first-year custodian and storage fee waiver. A prospective buyer should ask for the current minimum in writing from the assigned specialist.
Who is the custodian and depository for an American Bullion IRA?
American Bullion’s current promotional page names STRATA Trust Company as the self-directed IRA custodian and the Delaware Depository in Wilmington as the vault. STRATA is a Texas-chartered non-bank trustee widely used across the self-directed IRA industry. Delaware Depository is an IRS-approved vault with segregated storage available on election.
What fees does American Bullion charge?
American Bullion does not publish a public fee schedule. Historical captures listed a $25 account setup fee and a $160 annual account fee, and the current promotional page waives first-year custodian and storage fees for a rollover of at least $50,000. Recurring fees are billed by the STRATA custodian and the Delaware Depository, not by American Bullion directly.
Where is American Bullion located?
American Bullion’s head office is at 12301 Wilshire Boulevard, Suite 305, Los Angeles, CA 90025-1022. The published sales phone is (310) 689-7720 and the toll-free number is 1-800-465-3472. The company was founded in March 2009 and has been BBB-accredited since 15 March 2011.
What should I check before opening any gold IRA account?
Read the OPRS dealer caution list, request a written custodian fee sheet, ask for a recorded spot-plus-premium quote on the specific coins or bars being sold, and confirm the coin is IRA-eligible under IRC 408(m)(3). The OPRS custodian framework and the gold IRA rollover walkthrough cover the sequence in detail.
More on OPRS
- The 2026 OPRS list of gold IRA operators we caution against. The dealer-screening companion for anyone comparing American Bullion against the OPRS trusted short list.
- How to choose a gold IRA custodian. The custody-side framework that any real gold IRA runs on, including the STRATA account behind an American Bullion IRA.
- Gold IRA rollover. The 60-day rule, the direct-versus-indirect distinction, and the paperwork sequence for a $50,000-plus rollover.
- How to spot a gold IRA scam. Red-flag checklist for the sales patterns most likely to hit retirement savers on a first phone call.
- What to do if you were scammed on a gold IRA. The recovery sequence and the federal reporting channels if a purchase has already gone wrong.
- 2026 gold IRA fee industry average. The recurring-cost benchmark for any single-dealer review, including this one.
Sources cited
- 26 U.S.C. §408: Individual Retirement Accounts, including §408(m)(3) precious-metals fineness and trustee requirements
- 26 CFR §1.408-2(e): Approved non-bank trustee and custodian requirements for IRAs
- IRS Publication 590-A: Contributions to Individual Retirement Arrangements
- IRS Publication 590-B: Distributions from Individual Retirement Arrangements, including early-distribution penalty rules
- FINRA investor alert: Precious metals IRAs and the sales-cycle patterns to watch for on any dealer
- SEC investor.gov: Self-directed IRA glossary entry and investor alert
- Wayback Machine capture of the American Bullion, Inc. BBB business profile (Los Angeles, November 2025): primary source for A+ grade, accreditation date, complaint counts, review counts, executive name, and postal address
- American Bullion “No Account Fees” promotional page: primary source for the STRATA custodian pairing, the Delaware Depository vault, and the $50,000 rollover qualifier (nofollow citation, not an affiliate or endorsement link)
- SEC EDGAR company search for “American Bullion”: confirms no direct filings by American Bullion, Inc. under this company name
OPRS is not a financial, tax, or legal advisor. Dealer facts, fees, minimums, and BBB grades change over time and should be re-verified from the primary sources cited above before any account is opened. Past performance is not a guarantee of future results.