Business Spotlight

JM Bullion Reviews- Is It Legit Or A Scam?

JM Bullion is a Texas-based precious metals company established in 2011 by Jonathan Wanchalk and Michael Wittmeyer, who serves as the company's current CEO. Its goal is to provide investors who want to diversify their portfolios or safeguard their retirement with precious metals.

Advertisement

JM Bullion Logo
info_icon

Is JM Bullion a legit business or a scam? Can you trust them with your hard-earned money and does the company have a good reputation? You will discover everything you need to know about JM Bullion in our in-depth review, including their services, products, advantages, disadvantages, and whether we think you should use them to buy or invest in precious metals.

Before taking any action, you should learn about our Top Gold IRA Dealer by clicking here to make sure you don't get ripped off!

About JM Bullion

JM Bullion is a Texas-based precious metals company established in 2011 by Jonathan Wanchalk and Michael Wittmeyer, who serves as the company's current CEO. Its goal is to provide investors who want to diversify their portfolios or safeguard their retirement with precious metals. JM Bullion, in a nutshell, is a business that buys and sells precious metals like gold, silver, platinum, and palladium.

Advertisement

Does JM Bullion Offer Gold & Silver IRAs?

JM Bullion doesn't provide precious metals IRAs services. You must find a precious metals company that provides IRA services since JM Bullion exclusively sells precious metals. Find out who our best-rated precious metals IRA dealer is by clicking here.

JM Bullion Products

Investors have the option to conveniently buy precious metals online through JM Bullion. As said, they offer a variety of bullion products, including rare coins, and jewelry.

This business' fantastic, cutting-edge website is one of its distinctive features. They make it quite simple to buy metals online. It is simple to choose the appropriate products because the catalog clearly lists all of the products and their associated prices. The available gold and silver products are discussed below.

Advertisement

  • Gold Products
    They provide a huge selection of gold bars and coins for purchase. Due to their official backing, coins are preferred by the majority of consumers. The Australian Gold Kangaroo, Austrian Gold Philharmonic, American Gold Buffalo, American Gold Eagle, and South African Krugerrand are just a few examples of the gold bullion coins that are readily accessible.
    Gold bars from JM Bullion are available in various shapes and weights. Since gold bars are made by authorized private mints, they are just as lawful as coins. RMC Gold Bars, Credit Suisse Gold Bars, and Sunshine Mint Gold Bars are a few of the bullion bars that are offered.

  • Silver Products
    At JM Bullion, silver items are also available. They are available as coins, bars, and rounds. In addition to being more affordable, silver bullion is also chosen since it comes in a variety of shapes and sizes.

JM Bullion Reviews & Ratings

The Better Business Bureau granted JM Bullion accreditation in July 2014, and the company now has an A+ rating with them. The business had 818 customer reviews and 320 customer complaints on the platform at the time this post was being written. The majority of complaints are related to lost or delayed shipments of goods. The business is rated F by the BCA and has a Trustlink rating of 1 out of 5 stars.

Pros of JM Bullion

  • Large Selection of Products
    With hundreds of items in stock, they have one of the largest stores in the country. As a result, everything you require may be found under one roof.

  • Free shipping
    JM Bullion offers free shipping on all orders

Advertisement

Cons of JM Bullion

  • Neither TRUSTe verified nor listed as a dealer by US Mint
    A majority of reliable precious metal sellers are listed by the US Mint and are TRUSTe verified. Because JM Bullion is neither listed nor verified, there is cause for concern. Because most investors are not willing to jeopardize their hard-earned cash, they have switched to more reliable corporations.

  • Poor Customer Support
    Consumers have frequently voiced their displeasure with the customer service representatives' lackadaisical attitude toward handling their inquiries. Customers have frequently complained about how their emails are sometimes disregarded. Several clients have also claimed that JM Bullion employees sell subpar or damaged goods.

  • Shipping Delays
    JM Bullion is often regarded for its quick shipment, however it appears that its standards have recently been lowered, leading to delayed shipping and irate customers.

Advertisement

Frequently Asked Questions

  • Does Gold Outperform Silver as an Investment?
    Due to its historical stability, gold is undoubtedly a better investment, but silver is still a viable substitute for those who cannot buy gold. Silver is not only readily available, but it is also diversified; you may find it as coins, bars, rounds, and even statues.

  • How long does JM Bullion Shipping Take?
    Although JM Bullion claims to dispatch orders within a day, several customers have claimed delays of up to seven days.

  • Is JM Bullion Legit?
    There are numerous physical sites for JM Bullion all around the US. Since the firm is handled by reputable individuals, it is not a scam but rather a legitimate precious metals enterprise with over ten years of experience.

Advertisement

Should You Buy from JM Bullion?

As we've seen, JM Bullion offers a wide range of items, but it's not the greatest provider out there. They don’t offer storage and are not TRUSTe verified. By clicking the link below, you can learn more about our top-rated business.

Conclusion

We appreciate you reading our review of JM Bullion. Now that you are informed enough, you may make a smarter investment choice and reduce the dangers involved in buying precious metals and rolling over IRAs.

Despite having tempting promises like free shipping and a wide variety of metals, as we just saw, the organization has a lot of drawbacks. Thus, you must take into account each of these aspects before taking any action because they are essential for your investing choices.

Advertisement

Disclaimer: We may receive a referral fee from some of the companies featured in this article. This review is for informational purposes only. It shouldn't be regarded as legal or financial advice. Before making any significant financial decisions, seek advice from a financial expert.

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement