If you are looking for a reliable, well-known leader in the precious metals industry to purchase gold, silver, and more to add to your IRA, then RC Bullion promises to be just the company you are looking for.
Brief overview of RC Bullion
Company name: RC Bullion
BBB grade: A+
RC Bullion checks out as a real company with quality service and products to match based on its over 100 customer reviews on Trustlink and more. It is also BBB accredited and has its highest rating of an A+. Hence, we strongly recommend them.
However, we just wish they also included their fees, minimum investment requirement, and preferred custodians on their site to help make it easier to know if they are the right precious metals company for you before contacting them for greater assurance when opening an account.
Our rating: 4.5/5
Should you work with RC Bullion in 2023?
We understand how difficult it is to choose a reliable precious metals company to work with. For that reason, we created a list of gold IRA dealers that we think are best to avoid. Click on the button below to make sure RC Bullion isn’t one of them and discover our top 3 recommendations for this year.
Their Team of Experts Have Years of Experience, and They Also Have a Dedicated IRA Department
They state that their team of specialists is comprised of nothing but experts with years of experience in the field, which means they are more than able to help you make the best selections for your account based on your retirement vision.
In addition, they also have a dedicated IRA Department that specializes in IRA and former 401k rollovers for easy transitioning to a precious metals IRA. And they can also help you do so without incurring tax payments and other penalties because they are well-versed in IRS rules and regulations regarding tax-free rollovers.
Quick Rollover Process
They also promise a quick rollover process by helping you complete the necessary paperwork and working directly with your previous plan's administrator to ensure everything is done correctly and on time.
Secure Delivery of Your Precious Metals to Your Residence
Or, if you'd like, you can also shop from their wide selection of precious metals and have them shipped safely to your residence independent of an IRA.
RC Bullion’s pros :
RC Bullion Offers Modern, Rare, and Collectible Precious Metals Products
Not all precious metals buyers have the same preferences, nor do they purchase gold and silver for the same reasons.
Therefore, RC Bullion offers a wide array of precious metals, from modern gold, silver, platinum, and palladium bars and coins to rare and collectible coins to suit a variety of customers. They are also available in various spectrums to satisfy different preferences.
This way, you can shop with the company, knowing you are not limited in your precious metals selections for the best customer experience.
The company also promises to supply your gold, silver, and other precious metals quickly to be shipped safely to the depository or your home for maximum confidence.
Clients Also Have Access to Top IRA-Approved Precious Metals Coins
When adding precious metals, such as gold and silver, to your self-directed IRA, it must meet the IRS's requirements to be eligible. This is also true when it is in the form of coins, which many investors also prefer to amass as part of their IRA.
Hence, for IRA clients, RC Bullion also promises to offer only the highest approved IRA gold, silver, platinum, and palladium coins, including:
- Proof Gold Eagle, Chinese Gold Panda, and Gold Maple Leaf coins
- Silver Maple Leaf, Chinese Silver Panda, and Proof Silver Eagle coins
- Platinum Maple Leaf coins
For precious metals coins to qualify for an IRA, gold coins must be at least 99.5% pure, silver coins must have a minimum fineness of 99.9%, and platinum and palladium coins must be at least 99.95% pure.
Your Gold, Silver, Platinum, and Palladium Bars and Coins are Stored at the Delaware Depository
If you have a self-directed individual retirement account, as per IRS rules, the precious metals you purchase for it must also be held in a secure storage facility, also known as a depository, until you reach age 59 1/2 to reap full IRA tax benefits.
RC Bullion partners with Delaware Depository for the safe storage of your IRA precious metals, which they state they have chosen because they also offer segregated storage.
The company recommends segregated storage to its clients so that their assets are not commingled with the depository's other clients' assets. This way, the precious metals you see during your purchase are the actual precious metals you own and will receive when you retire.
They also prefer the Delaware Depository because it is fully insured by Lloyd's of London for added protection of your assets.
If you reside near the depository, it also makes it easier to visit your precious metals if you'd like.
They Provide Free Resources to Educate the Public on the Benefits of Investing in Precious Metals
RC Bullion states that they strive to educate the public on the benefits of investing in precious metals. This way, they can understand for themselves the rewards of investing in them, especially as part of an IRA.
Hence, they offer free gold and silver investment resources, from informative articles on how much gold to add to an investment portfolio to how a gold IRA works, and more, which you can access by simply visiting their site.
They also offer a free step-by-step gold IRA guide to help people learn more about how to get started investing in physical gold.
Their company representatives are also on standby to help clear up any confusion and answer any lingering questions you may have before making your purchases or opening an account.
Live/Spot Prices Charts
Spot price charts enable you to see the current market prices of various precious metals at any given time. Hence, you are able to track how precious metals prices fluctuate throughout the day to determine the best price to invest in them for the greatest profit.
You can also check their prices as far back as one year to see how they have changed since then, which will also give you a good idea of the best price to make your purchases.
The charts also enable you to contrast the performance of precious metals prices to that of the U.S. dollar and other stock market investments during the same time period.
This way, you can also see for yourself why precious metals are highly recommended for IRAs based on their unique ability to outperform the market, especially during downtimes.
RC Bullion’s cons :
No List of Fees or Minimum Investment Requirement On Their Site
Info provided on a precious metals company's website that details its fees and minimum required investment helps make it easier to know if it is the right one for you right away. This way, it helps prevent you from having to contact the company before you are sure you are ready to invest, which can be uncomfortable.
It also enables you to review and compare other companies' costs to help narrow down a list of ones to contact without having to call the company because they don't have their fees listed.
When a precious metals company includes their fees on their site, it also helps build trust in them that they have nothing to hide or are just trying to hit you with hidden charges later, which can make you regret working with them.
They Don't State Their Preferred Custodians on Their Site
Knowing which custodians a precious metals company prefers to work with also gives you a chance to research the facilities, including their location, insurance coverage, fees, and storage options, and determine if they are the right company for you.
It also helps if you are new to self-directed IRAs and don't quite know how to choose on your own because it means they have already been vetted and approved by an expert in the industry for the best choices.
Is RC Bullion a Scam?
What Does the Attorney General and Other .Gov Sites Show?
Authorities warn that to find out if a company is a scam, you should check several sites, including the Attorney General and other .gov sites, to see if they have any open cases or issues with them.
After searching various such sites, we found that no official lawsuits or complaints about the company being a scam exist with any government entities.
What Does the Better Business Bureau Site Show?
We also checked for a BBB profile page on RC Bullion and found that it is accredited with the BBB and has been since 2015. The company also holds the organization's A+ rating, which means they pass strict measures used by the BBB to help determine if it is indeed an ethical business.
You can also conduct a general online search for the precious metals company's name followed by the word scam to see if the search results return any online news or headlines on the business being a fraud.
We did such and found that no article titles or meta descriptions about RC Bullion being a fraudulent company stood out in the results.
However, we did notice various reputable consumer review sites with a number of testimonials regarding the company, so we visited many of them, including Trustpilot, Trustlink, and Business Consumer alliance, and found that they also didn't contain any complaints about RC Bullion being a fake company.
So as far as we can see, RC Bullion checks out as a real business that is not built on scamming its customers out of money.
How is RC Bullion’s Customer Support?
According to RC Bullion, they take pride in providing unmatched customer service, which includes ensuring each customer is treated with the utmost care throughout every aspect of their service for 100% satisfaction.
So to find out if they actually deliver on their promise of unmatched customer support, we, again, turned to their client testimonials across the most popular consumer review sites to see what they revealed, starting with the BBB.
What BBB Reviewers Have to Say About RC Bullion's Customer Support?
Unfortunately, RC Bullion's BBB profile page shows that they currently have no customer reviews on the organization's site, so we found nothing to go on there.
We next researched their customer testimonies on Trustlink and found that most of the clients shared, in a nutshell, how pleasant their customer service was, stating specifically how patient and well-informed their company representative was when answering their questions and providing expert advice.
A few customers also stated how positive and encouraging their team expert was in helping them choose investments they were happy with. And another Trustlink user also boasted of how excellent their delivery service was.
What Trustpilot Reviewers Have to Say About RC Bullion's Customer Support
Trustpilot only featured one customer testimony on RC Bullion, but they also stated how friendly, well-informed, and good their representative was at answering all of their questions, which resulted in a safe and confident transaction.
What Yelp, Facebook, and Google Reviewers Have to Say About RC Bullion's Customer Support
We also turned to Yelp, Facebook, and Google and found no customer reviews for RC Bullion on Yelp or Facebook; however, at least 2 of a total of 5 customers on Google Reviews also felt that they received above-average customer support from the company.
Hence, we are left with the overall conclusion that RC Bullion truly delivers on its promise of providing excellent support for its customers for a precious metals company you can depend on and grow with until retirement.
Has There Been Any Complaints About RC Bullion?
To find out if RC Bullion has any complaints associated with it, we also first turned to .gov sites, including the Attorney General, where we found no official state or federal complaints filed against the company.
We, again, also checked their BBB business profile and found that they had no customer complaints. However, after researching the various other reputable consumer review sites, we found one customer complaint on Business Consumer Alliance that stated how they felt the company's coin prices were high compared to other companies.
The other consumer sites we checked, including Trustlink and Trustpilot, showed no customer complaints about the company.
Live/Spot Precious Metals Price Charts Right on Their Site
We always like when a precious metals company provides free live gold, silver, platinum, and palladium prices and spot price charts on its site because it means you can check their current prices any time you want and invest at a price that you feel is reasonable.
It also helps you see for yourself how the prices of gold, silver, platinum, and palladium move in relation to the U.S. dollar and stock market assets for more confidence in relying on them as part of your retirement plan.
Their Own Dedicated IRA Department
RC Bullion's dedicated IRA department means they only have one job to do, and that is to focus on your IRA, 401k, or other retirement plan rollover to a precious metals IRA. Hence, it enables you to enjoy the quickest and most effective transfer possible so you can get started purchasing precious metals for your account.
It also helps ensure that your rollover is done according to IRS guidelines to avoid tax and other penalties that can result from trying to do it on your own.
They can also help answer specific questions, such as if your retirement plan qualifies for a precious metals rollover, which is important to know before you open an account with them.
Only 1 Customer Complaint Across Various Reputable Consumer Sites
After searching far and wide across the web, we found it amazing that RC Bullion only had one customer complaint, which involved their coin prices.
So be sure to inquire about their coin pricing and how you can lock in a better price for them on the spot to help avoid surprises later.
No BBB Reviews
It is always nice when a company in question has customer feedback with the BBB because it is one of the most trusted sites for checking what a company promises against what its customers actually have to say about them to help you make a more informed choice.
However, RC Bullion has no BBB customer reviews, which left us a bit unhappy and wondering why. But we loved that they also had no complaints filed with the organization, which is still a good sign of their quality service.
Their overwhelming number of positive customer reviews on other reputable sites also attest to their quality service, so we can still conclude that overall the company is good.
No Fees or Required Minimum Investment Provided on Their Site
Our only real qualm with RC Bullion is it would be nice if they listed their charges on their site to help make it more convenient for customers to know right away if they are the right company for them.
We'd also like it if they listed their preferred custodians so that customers can get a general idea of what makes a good SDIRA company for more confidence when choosing one.
However, all in all, we recommend RC Bullion as a precious metals company that you should add to your list of businesses to research for an IRA rollover or to simply purchase quality gold, silver, and more outside of a retirement account.
Would you rather invest in silver?
Our rating: 4.5/5