Midwest Bullion Exchange (www.privatebullion.com) is a full-service precious metals dealer headquartered in Minnetonka, Minnesota. Established in 2009, the company offers a wide selection of IRA-approved bullion products and collectible coins. Goldstar Trust Company provides custodial services, and Delaware Depository provides vault storage.
The company has a wide range of gold, silver, platinum, and palladium coins and bars. Additionally, many of the most popular IRA-eligible coins are in the inventory. Midwest Bullion Exchange also offers collectible coins for investors and collectors.
On its website, Midwest Bullion Exchange states that, “Our bedrock philosophy is to provide our customers with only the highest standard products available in the marketplace”.
The Midwest Bullion Exchange website is not forthcoming with its management team. However, LinkedIn listed Scott Hage as the owner of the company.
Vault storage of IRA-eligible precious metals purchased from Midwest Bullion Exchange is provided by Delaware Depository. This facility offers both segregated or non-segregated storage options and is fully insured through Lloyd’s of London – one of the oldest insurance companies in the world. Delaware Depository also offers international storage options, with facilities using the sub-custody services of Bank of Nova Scotia in Toronto, ON, Canada, and Via MAT International located in Zurich, Switzerland.
Regarding custodial services, Midwest Bullion Exchange has partnered with Goldstar Trust Company.
Midwest Bullion Exchange offers a wide selection of gold, silver, platinum, and palladium coins and bars, many of which are IRA-eligible products. Examples of gold products include the American Gold Buffalo, Gold Canadian Maple Leaf, Gold Austrian Philharmonic. For silver, options include the American Silver Eagle and Canadian Silver Maple Leaf. For those interested in platinum, there is the Platinum American Eagle. For palladium options, there is the Canadian Palladium Maple Leaf. It must be noted that at this time, many of the products have been deemed “Out of Stock” on the company website.
View more Midwest Bullion Exchange products here.
|Company||Midwest Bullion Exchange|
|Scaled or Flat Fees?||Flat Fees|
|Partnered Storage Vault||Delaware Depository|
|Partnered Custodian||GoldStar Trust Company|
|Metals Available||Gold, Silver, Platinum, and Palladium|
|Years in Business||12 years (2009)|
Below we offer a diverse selection of reviews, ratings, and complaints pertaining to Midwest Bullion Exchange from trusted consumer reporting and rating agencies sites. Simply click on the links provided to study the reviews in greater detail.
BBB Rating: A+ (Details)
BBB Complaints: 1 complaint closed in last 3 years (Details)
BCA Complaints: N/A
Facebook: Profile (Details)
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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