SD Bullion Review: Legit Gold and Silver? {2024 Upd}

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Last Updated: December 6, 2023

In the world of precious metals investing, SD Bullion stands out as a reputable and reliable platform for both novice and seasoned investors.

As the demand for tangible assets continues to grow, understanding the intricacies of platforms like SD Bullion becomes crucial.

This review delves deep into what SD Bullion offers, its strengths and weaknesses, and whether it’s the right choice for your investment needs.

SD Bullion Key Highlights

  • Trusted Platform: With years of experience, SD Bullion has established itself as a trusted name in the precious metals industry.
  • Diverse Product Range: From gold and silver to platinum and other precious metals, SD Bullion offers a wide variety of products to cater to different investment needs.
  • Gold IRA Options: SD Bullion provides a seamless process for setting up a Gold IRA, making it easier for investors to diversify their retirement portfolios.

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What is SD Bullion?

SD Bullion, established in 2012, has rapidly evolved into one of the world’s most prominent precious metals retailers. Their growth can be attributed to their commitment to offering the best prices coupled with unparalleled service. The company’s ethos revolves around conducting business in an “old-fashioned” manner, emphasizing world-class products, competitive bullion prices, and top-tier customer service. This dedication to excellence is reflected in the words of Tyler Wall, the Founder & President of SD Bullion, who expresses gratitude to the over 400,000 customers who have chosen SD Bullion as their preferred precious metals retailer.

A testament to their success, SD Bullion has reported over $4 BILLION in sales since its inception in 2012. Their reputation is further solidified by the numerous accolades and recognitions they have received:

  • Ratings & Awards: SD Bullion proudly showcases over 125,000 positive reviews from satisfied customers. Their commitment to quality and service has earned them an A+ rating from the Better Business Bureau. Moreover, their rapid growth and success have led them to be featured four times in Inc. Magazine’s list of 5000 Fastest Growing Companies in the United States.
  • Gold & Silver News: Keeping their clientele informed is a priority for SD Bullion. They consistently aim to update their followers with the latest news and developments that could impact the precious metals market. This dedication to information dissemination is evident through the News and Research content they produce, available on both the SD Bullion Blog and their YouTube channel.
  • Security: SD Bullion places immense importance on the security of their customers’ private information. They employ SSL/TLS Certificates to ensure data protection. Furthermore, they collaborate with leading payment processors and fraud defense entities to guarantee the safety and security of customer information. Their shipping process is also designed to be discreet, ensuring the contents of delivered packages remain confidential.
  • Pricing: A standout feature of SD Bullion is their commitment to offering the lowest prices for bullion online. They pledge to maintain this pricing standard for their customers, emphasizing their dedication to affordability without compromising on quality.

SD Bullion is not just a precious metals retailer; it’s a brand built on trust, quality, and a commitment to customer satisfaction. Whether you’re a novice investor or a seasoned expert in the world of precious metals, SD Bullion offers a comprehensive platform tailored to meet diverse investment needs.

SD Bullion Gold IRA

How do Precious Metals IRAs work?

A Precious Metals IRA, such as the one offered by SD Bullion, allows investors to hold approved physical gold, platinum, palladium, and silver bullion products within a Self-Directed IRA. To achieve this:

  1. An investor must select an IRA custodian who permits the purchase of bullion for the IRA.
  2. The investor should then identify a trusted bullion dealer, like SD Bullion, to assist in buying and selling IRA-approved precious metal products.
  3. Once purchased, these physical precious metals are shipped to a bullion depository where they are securely stored.

Are Precious Metals IRA’s Creditor Exempt?

All 50 states in the USA have either full or partial exemptions that protect an individual’s IRA assets and holdings from potential creditors. This means that in the event of lawsuits or claims from creditors, the assets held within an IRA may be safeguarded. Such protections are especially valuable in the USA, a highly litigious society where lawsuits related to breaches of contract, personal injuries, and other disputes are common. Professionals, including business owners, CPAs, lawyers, and doctors, often use IRAs not only as investment vehicles but also as protective measures against potential legal claims.

How to Start a Precious Metals IRA with SD Bullion?

  1. Research Potential IRA Custodians: It’s essential to consider the various fees associated with the account and the professionalism and responsiveness of the company.
  2. Fund Your Account: After selecting a custodian and setting up an account, it needs to be funded. This can be done through a rollover of an existing IRA or direct contributions.
  3. Choose a Trusted Precious Metals Dealer: SD Bullion stands out in this regard, offering the lowest prices on gold, platinum, palladium, and silver bullion.
  4. Make Your First Purchase: SD Bullion provides a simple ordering process for Bullion IRA products. Investors can call their traders to walk through the process.
  5. Storage: The purchased precious metals are then securely stored in an approved depository.

Can I have more than one Precious Metals IRA?

Yes, investors can have multiple IRAs. However, the annual contribution limits remain consistent regardless of the number of IRAs held.

Can I rollover a 401K into a Precious Metal IRA?

Absolutely. Various IRAs, including Traditional IRAs, Roth IRAs, SEP IRAs, Simple IRA, and Solo IRAs, can be rolled over into Precious Metals IRAs.

Types of Bullion IRAs:

  1. Traditional IRA: Allows individuals to invest pretax income, which can grow tax-deferred. Distributions can start as early as age 59½, with required minimum distributions (RMDs) starting after age 70½. Early withdrawals may incur penalties.
  2. Roth IRA: Investors can set aside after-tax income, with both the earnings and withdrawals after age 59½ being tax-free. Roth IRAs do not mandate distributions during the owner’s lifetime, making them ideal for wealth transfer.

A Word of Caution:

While there are many offerings in the market related to home Bullion IRA storage solutions using complex LLC structures, it’s advised to approach them with caution. Many of these solutions may not be IRS-approved and could lead to disqualification of the IRA or future tax complications.

SD Bullion’s Gold IRA provides a robust platform for those looking to diversify their investment portfolio with precious metals. With its comprehensive services, competitive pricing, and emphasis on security, SD Bullion stands out as a top choice for precious metal IRA investments.

Should You Consider a Gold IRA?

materials from Goldco's investing kit

Investing in a Gold Individual Retirement Account (IRA) can be a strategic move for various reasons. Here’s a detailed exploration to help you decide if it’s the right choice for your financial future:

1. Diversification of Portfolio:

  • Risk Mitigation: Gold has a low correlation with stocks and bonds, which can help in mitigating risks in times of economic downturns.
  • Asset Variety: A Gold IRA introduces a different asset class to your portfolio, providing a broader investment spectrum.

2. Hedge Against Inflation:

  • Value Retention: Historically, gold has maintained its value over time, serving as a hedge against inflation and currency devaluation.
  • Purchasing Power: Investing in gold can help preserve your purchasing power as the value of paper currencies fluctuates.

3. Potential for Growth:

  • Long-Term Appreciation: Gold has shown potential for long-term appreciation, making it a viable option for retirement savings.
  • Market Demand: The demand for gold, driven by jewelry, technology, and investment, can contribute to its growth potential.

4. Tangible Asset:

  • Physical Ownership: Unlike stocks or bonds, a Gold IRA allows you to own a physical asset, providing a sense of security.
  • Stored Value: Gold’s value is intrinsic and does not depend on a company’s performance or management decisions.

5. Tax Advantages:

  • Deferred Taxes: Like other IRAs, a Gold IRA offers tax-deferred growth, allowing you to only pay taxes upon withdrawal.
  • Potential for Tax-Free Withdrawals: With a Roth Gold IRA, contributions are taxed upfront, but withdrawals during retirement are tax-free.

6. Legacy and Estate Planning:

  • Wealth Preservation: Gold can be a means of preserving wealth across generations.
  • Estate Planning: A Gold IRA can be included in your estate planning, ensuring a secure financial future for your heirs.

7. Liquidity:

  • Ease of Selling: Gold is a widely recognized asset, making it relatively easy to sell.
  • Global Market: Gold’s global market ensures that it can be sold at any time, providing liquidity when needed.

8. Geopolitical Stability:

  • Safe Haven Asset: Gold is often considered a safe-haven asset during geopolitical uncertainties.
  • Stability: Its value tends to remain stable or even increase in times of political or economic turmoil.

9. Supply and Demand Dynamics:

  • Limited Supply: The finite nature of gold adds to its value.
  • Increasing Demand: As emerging markets grow, the demand for gold may increase, potentially driving up its price.

10. Personal Control:

  • Self-Directed IRA: A Gold IRA is typically self-directed, giving you control over your investment choices.
  • Physical Possession Option: Some Gold IRAs allow for physical possession of the gold, giving you direct control over your investment.

A Gold IRA can be a valuable addition to your retirement portfolio, offering diversification, protection against inflation, and potential for growth. However, like any investment, it comes with risks and should be considered as part of a balanced and diversified investment strategy. Consulting with a financial advisor who understands precious metals can provide personalized insights based on your financial goals and risk tolerance.

SD Bullion Precious Metals Products

SD bullion precious metals offerings

Gold: From the information provided earlier, SD Bullion offers a wide range of gold products. They have a variety of gold coins, including the American Gold Eagle, Canadian Gold Maple Leaf, and the South African Gold Krugerrand. They also offer gold bars in various sizes, ranging from 1 gram to 1 kilogram. Additionally, they have gold rounds, which are similar to coins but do not have a face value.

Silver: SD Bullion offers a diverse range of silver products for both novice and expert investors. Here are some of the silver products they offer:

  • Silver Bullion Bars: These are flat bars made of .999+ pure silver. They come in various weights, from as low as 1 troy ounce to as high as 1,000 troy ounces. Popular silver bars include the 1 oz Silver Bar, 10 oz Silver Bars, and 100 oz Silver Bars.
  • Silver Coins: These are flat disk-shaped pieces of .999+ pure silver with a face value in their country of origin. Popular silver coins include the US Mint American Silver Eagle Coins, Royal Canadian Mint Silver Coins, Perth Mint Australian Silver Coins, and Mexican Silver Libertad Coins.
  • Silver Rounds: Similar in shape to coins, silver rounds come from private mints and do not have a face value. They usually weigh around 1 Troy Ounce and are 99.9% silver. Popular sizes include Fractional Silver Rounds, 1 oz Silver Rounds, and 5 oz Silver Rounds.
  • Junk Silver: These are old U.S. currency coins minted before 1965, containing 90% silver. They include dimes, quarters, half-dollars, and dollars.
  • Silver Mints: SD Bullion offers silver from renowned mints worldwide, including the US Mint, Austrian Mint, Chinese Mint, and more.

Platinum: Platinum is one of the rarest precious metals, being more than 20 times rarer than gold. SD Bullion offers a limited selection of platinum products, including:

  • Platinum Bars: SD Bullion offers platinum bars minted by the popular Pamp Suisse mint in weights of 1 ounce and 1 gram.
  • Platinum Coins: The two primary platinum coins offered are the American Platinum Eagle and the Canadian Platinum Maple Leaf. The American Platinum Eagle is the official platinum bullion coin of the United States Mint and is .9995 pure. The Canadian Platinum Maple Leaf is produced by the Royal Canadian Mint and features a beautiful maple leaf design.

SD Bullion offers a comprehensive range of precious metal products, catering to both investors and collectors. Whether you’re looking to diversify your investment portfolio or add to your collection, SD Bullion has a product to suit your needs.

SD Bullion Ratings and Reviews

a screengrab of SD Bullion's BBB rating

Reputation in the Market:

SD Bullion has established itself as a trusted name in the precious metals industry. With its commitment to offering competitive prices, a wide range of products, and top-tier customer service, the company has garnered significant attention and trust from its customer base.

Because of this, they boast an A+ rating with the Better Business Bureau, as well as a 4.8 out of 5-Star customer review rating with the agency.

Customer Feedback:

  1. Positive Reviews: A significant indicator of a company’s reputation is the feedback it receives from its customers. SD Bullion proudly showcases a vast number of positive reviews, which highlight the company’s dedication to quality, service, and customer satisfaction.
  2. Transparency: SD Bullion values transparency and encourages its customers to share their experiences, be it positive or constructive feedback. This open approach allows potential customers to make informed decisions based on real user experiences.

Industry Recognition:

  1. Awards and Accolades: SD Bullion’s commitment to excellence has not gone unnoticed. The company has received numerous awards and recognitions, further solidifying its position in the industry.
  2. Better Business Bureau (BBB) Rating: An A+ rating from the Better Business Bureau is a testament to SD Bullion’s dedication to customer satisfaction and ethical business practices. The BBB rating is based on various factors, including complaint history, type of business, and business transparency, among others.

Areas of Praise:

  1. Competitive Pricing: Many reviews highlight SD Bullion’s competitive pricing as a standout feature, allowing customers to get the best value for their money.
  2. Product Variety: Customers appreciate the diverse range of products available, catering to both novice and seasoned investors.
  3. Fast Shipping: Timely delivery and secure packaging are often mentioned in reviews, emphasizing the company’s efficiency and care in handling orders.
  4. Knowledgeable Customer Service: SD Bullion’s customer service team is often praised for its knowledge, responsiveness, and willingness to assist customers in their purchasing decisions.

Areas for Improvement:

Like any business, there may be areas where SD Bullion can improve. Some reviews might point out:

  1. Website Navigation: A few customers might find the website challenging to navigate or feel that certain features could be more user-friendly.
  2. International Shipping: Some international customers might want more shipping options or find existing options limited.

SD Bullion’s ratings and reviews paint a picture of a company dedicated to its customers and committed to offering quality products and services. While no company is without its challenges, the overwhelmingly positive feedback and industry recognition speak volumes about SD Bullion’s position in the precious metals market. As with any investment or purchase decision, potential customers are encouraged to do their research, read reviews, and make informed choices.

SD Bullion Pros and Cons

Pros:

  1. Competitive Pricing: One of the standout features of SD Bullion is its commitment to offering competitive prices on all its products. This ensures that customers receive value for their money.
  2. Wide Product Range: From gold and silver to platinum and other precious metals, SD Bullion offers a comprehensive range of products to cater to different investment needs.
  3. Reputable Platform: With years of experience in the industry, SD Bullion has established itself as a trusted and reliable platform for precious metals investing.
  4. Secure and Insured Shipping: All shipments from SD Bullion are insured, ensuring the safety of the products during transit. The company also emphasizes discreet shipping to maintain the privacy of the contents.
  5. Knowledgeable Customer Service: SD Bullion’s customer service team is well-informed and ready to assist customers with their queries, providing guidance and support throughout the purchasing process.
  6. Positive Customer Reviews: The company boasts a significant number of positive reviews, reflecting its commitment to customer satisfaction and quality service.
  7. Transparent Business Practices: SD Bullion values transparency, ensuring that customers are well-informed about product details, pricing, and other relevant information.
  8. Gold IRA Options: SD Bullion provides a streamlined process for setting up a Gold IRA, making it easier for investors to diversify their retirement portfolios.

Cons:

  1. Limited International Shipping: While SD Bullion offers a range of shipping options, some international customers might find the choices limited or wish for more flexibility in shipping methods.
  2. Minimum Purchase Requirements: For certain products or deals, SD Bullion might have minimum purchase requirements, which could be a barrier for some investors.
  3. Website Navigation: While many find the SD Bullion website user-friendly, some customers might feel that certain features could be more intuitive or that the site could benefit from a design update.
  4. Market Volatility: Like all precious metals retailers, SD Bullion’s product prices are subject to market volatility. While this isn’t a direct con of the company, it’s essential for investors to be aware of market dynamics when making purchasing decisions.

SD Bullion offers a robust platform for those interested in precious metals investing. While the company has numerous advantages, like any business, there are areas where they can improve. However, the pros significantly outweigh the cons, making SD Bullion a top choice for many investors. As always, potential customers and investors are encouraged to conduct their research and consider their individual needs and preferences when making decisions.

Is SD Bullion Right for You? Tips to Help You Decide

  • Research: Read customer reviews and ratings.
  • Compare: Check prices and product range with other platforms.
  • Understand Your Needs: Determine your investment goals and see if SD Bullion aligns with them.

free gold investing kit

Summary

SD Bullion offers a comprehensive platform for precious metals investing.

With a wide product range, competitive pricing, and a seamless Gold IRA setup process, it stands out as a top choice for many investors.

However, as with any investment, it’s essential to do thorough research and understand your investment goals before diving in.

FAQs

SD Bullion Fake Gold and Silver?

Answer: SD Bullion is a reputable precious metals retailer that prides itself on offering authentic and high-quality products. They source their gold and silver directly from recognized mints and trusted suppliers, ensuring the authenticity of each product. Additionally, SD Bullion may employ various testing methods, such as X-ray fluorescence or specific gravity tests, to verify the purity and authenticity of their products. It’s always essential for buyers to do their due diligence, but with SD Bullion’s reputation in the industry, concerns about fake gold or silver are minimal.

2. Where is SD Bullion Located?

Answer: According to the Better Business Bureau’s website, SD Bullion is located in Toledo, OH 43623-0766. Their phone number is (800) 294-8732.

3. Is SD Bullion Legit?

Answer: Yes, SD Bullion is a legitimate and well-established precious metals retailer. Since its inception, the company has served hundreds of thousands of customers and has reported billions in sales. Their commitment to offering competitive prices, a wide range of products, and top-tier customer service has earned them a trusted name in the industry. Additionally, their positive customer reviews and recognitions, such as an A+ rating from the Better Business Bureau, further attest to their legitimacy and reliability.

4. SD Bullion App?

Answer: As of the last update, SD Bullion primarily operates through its official website, which is designed to be user-friendly and accessible on various devices, including mobile phones and tablets. If SD Bullion has released a dedicated mobile app, it would be best to check the official website or relevant app stores for the most up-to-date information. An app would offer customers the convenience of browsing products, making purchases, and tracking orders on the go.