JM Bullion Review 2023
|By: Jeremy Biberdorf||April 12, 2022|
In a Nutshell: JM Bullion deals in precious metals including gold. Most people know that gold is a good hedge against the stock market and they have been in business since 2011. You have the option to buy or sell to them, but what sets them apart from just buying the metals on the market is JM Bullion deals in physical products and they only operate in the US.
Read our JM Bullion review to learn why it’s one of the best places to buy precious metals.
|Gold, silver, platinum, copper and palladium||Buying, selling, and loans||Yes, but only in the U.S. and U.S. military boxes||Secure storage for orders over $3,000|
(6 months free)
- Offers access to a variety of precious metals
- Buy, sell and take loans
- Offers secure storage free for 6 months (on orders over $3,000)
- Offers coins and bars
- BBB accredited
- Has crypto and accepts crypto (Bitcoin)
- Free shipping above certain amounts
- Only ships in the U.S.
Compare to Other Platforms
ProductsGold, silver, platinum, copper and palladium
ServicesBuying, selling, and loans
ShippingYes, but only in the U.S. and U.S. military boxes
ProductsGold, silver, copper, palladium, rhodium, and platinum
ServicesBuy, sell, loans
ShippingFree shipping on all $500+ orders
Fees$50, $100, $250 a month
What is JM Bullion?
JM Bullion is a precious metals dealer established in 2011. They have come a long way from where they started and offer an array of products and services. JM Bullion’s main dealings are in gold, silver, copper and palladium as well as accessories (to buy).
The company ships physical products within the U.S. only and has physical headquarters in Lancaster, Pennsylvania.
How Does JM Bullion Work?
You can purchase gold, silver, copper and palladium coins or bars from the website. As said, there are also accessories you can purchase at JM Bullion and apparel. Keep your eye out for products on sale under the “sale” section for good deals.
Accepted payment methods on the site include Visa, MasterCard and PayPal, along with some other major credit card companies and old-fashioned paper checks and bank wires.
Storage at JM Bullion
Plenty of bullion dealers offer secure storage, and so does JM Bullion. The only thing is they only offer this if your order is above $3,000. The company works with TDS Vaults to offer secure storage, and new customers can enjoy 6 months for free.
Does JM Bullion Have Buybacks?
Yes! JM Bullion will buy metals that you have purchased from them back into their inventory. You will have to inquire about the exact prices over the phone, as these things fluctuate, but JM Bullion claims to have the highest buyback rates in the industry.
We would highly suggest doing some due diligence and comparing prices with its competitors just to make sure you’re getting the best deal.
JM Bullion Services
Aside from buying and selling precious metals, JM Bullion offers helpful resources, IRAs and loans.
There are charts available for each precious metal and even Bitcoin. You can view the charts at your leisure and JM Bullion also provides an overview of chart timeframes, technical analysis and dollar-cost averaging.
There is also a unique section that outlines other cryptocurrency price charts aside from Bitcoin.
JM Bullion also offers customers access to precious metal IRAs. The company works with New Direction IRA to make sure each client gets set up quickly and for the lowest cost around to start enjoying IRA tax benefits. It’s okay if you are not well-versed in this form of investment because there are plenty of resources on the site to help you get started.
You can now borrow against gold or silver with the bullion you have on hand. This will give you cash liquidity without having to part with your assets. JM Bullion works with Collateral Finance Corp to provide this service, so the application is super easy. You can do it in just 15 minutes, there won’t be a credit check and you get confirmation within a business day.
JM Bullion Ratings and Support
JM Bullion is a legit company that has garnered favorable ratings on review sites such as the Better Business Bureau (BBB), which gives it an A+ and it sees a 4.5 rating on Trustpilot!
The high ratings have a lot to do with the exceptional customer support the platform provides. You can get in touch with them via email or phone, and past customers have said the company is quick to help and is professional and accountable. For the most part, JM Bullion helps customers resolve their issues swiftly.
JM Bullion Review Final Word
As we said, JM Bullion has come a long way since its inception in 2011. We’ll be transparent and say JM Bullion reviews weren’t stellar at first, but they have worked hard to get to where they are today, which is a highly-rated bullion dealer. Investments and bullion dealers handle large sums, and with that comes high expectations from customers. There are bound to be a few poor reviews, so go with what’s comfortable for you.
JM Bullion offers free shipping on orders above $199, and many other limited-time deals so get in on the action here.