JM Bullion Review | Gold IRA Guide

Company Info & Background

JM Bullion (www.jmbullion.com) is a precious metals online retailer headquartered in Dallas, Texas. It was founded in November 2011 by Michael Wittmeyer and Jonathan Wanchalk. In 2016, it was recognized as 40th on Inc. magazine’s coveted Inc 500 annual list. 

The company rightfully lauds itself as being an industry leader in the online precious metals space. In the Internet Retailer Top 500 list for 2019, the company ranked 96th overall, and for the Primary Merchandise Category (Specialty), it ranked 5th on the list.

JM Bullion Management Team

CEO Michael Wittmeyer

As an adolescent, Wittmeyer worked in affiliate marketing and web development to make extra money. Just out of his teens in 2011, JM Bullion’s CEO co-found the company in a basement in Lancaster, Pennsylvania. 

In the subsequent years with Wittmeyer at the helm, JM Bullion enjoyed exponential growth. So much so, that a mere five years after its inception, the company was ranked 40th on the much-coveted INC. 500 list in 2016. He has navigated the company to become one of the largest online precious metals retailers on Earth, with annual revenues of $1 billion USD.

JM Bullion Education and Customer Satisfaction

JM Bullion has low prices for their precious metals products, with many items listed “on sale”. The company also has a seamless buyback program, offering some of the best buyback prices within the space. Take note that they do have a minimum purchase policy of $1,000 for the buyback program. JM Bullion also provides free, insured shipping for all orders over $199 (orders under $199 are charged $7.99). All these components combined ensure that they offer excellent customer service.

JM Bullion Storage and Buyback Program

JM Bullion offers fully allocated storage to its clients via Transcontinental Depository Services Vaults (TDS). TDS is renowned for its secure vault facilities located around the world including Toronto, ON, New York, NY, Las Vegas, NV, Zurich, Switzerland, and Singapore.

JM Bullion also offers a buyback option with its minimum purchase price being $1,000. Clients need only lock in an agreed upon price over the phone, follow mailing instructions for their precious metals to JM Bullion, then receive payment once the inventory team inspects the mailed precious metals products (typically within 1 to 3 business days).

JM Bullion Products

JM Bullion proudly offers over 2,000 bullion products, including the most popular IRA-approved gold, silver, platinum, and palladium bullion bars, and coins. For collectors, the company offers an extensive selection of premium quality gold, silver, platinum, and palladium coins. Additionally, JM Bullion even offers clients a selection of copper rounds, bars, and bullets. For those so inclined, the company also provides one-ounce gold bullion bracelets.

Regarding IRAs, JM Bullion has partnered with acclaimed IRA custodian, New Direction IRA. Other preferred self-directed IRA custodians include Equity Trust, GoldStar Trust, and Strata Trust. The company’s preferred depository for IRA-approved precious metals is A-M Global Logistics, situated in  Las Vegas, Nevada.

JM Bullion Reviews, Ratings and Complaints

Below we offer a diverse selection of reviews, ratings, and complaints that you can read on JM Bullion from trusted consumer reporting and rating agencies sites. Simply click on the links provided to study the reviews in greater detail.

JM Bullion Contact Information

Key Pages from JM Bullion’s Website

Below are some of the key pages from JM Bullion’s website. Review this information to have a better understanding of the company and what it offers.

Review All IRA Options Before Investing

It is essential to carefully consider the different precious metals companies available, prior to making any purchases as part of your IRA investment strategy. In addition to its overall reputation, be mindful of a company’s bullion prices, policies, practices, and most importantly, storage fees for precious metals.

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