Detailed RC Bullion Review: Facts, Ratings & Complaints

RC Bullion

Company Background

RC Bullion is a precious metal investment company that offers gold, silver, platinum, and palladium products. Individuals can invest with cash, or roll over their IRA or 401K plans into IRS-approved precious metals.

Investors can purchase precious metals from RC Bullion to be delivered to their doorstep. They have a dedicated IRA Department that helps their customers rollover their IRA into precious metals.

The company was founded in 2013 and provides expert advice on bullion and numismatics. If you wish to work with a company that sells all kinds of precious metals, RC Bullion is a great option.

Contact Details

Address: 620 Cathcart, Suite 900
Montreal, Quebec
Phone: 514 875-4820
Website: http://www.kitco.com/

Products & Services

1. IRA Rollovers

RC Bullion prides itself on the transfer of your existing IRA (or 401k) plans into one that invests in precious metals. By putting a call across to RC Bullion, you can have them help you with the following:

If you have an existing IRA and wish to start investing in gold, RC Bullion has made this quite easy to accomplish. RC Bullion will work with your IRA administrator, obtain all necessary paperwork, and even obtain precious metals for your new Gold IRA

You can also roll over your 401k from a former employer into a Gold IRA. RC Bullion makes sure this goes on seamlessly without incurring penalties.

You can speak to an account executive at RC Bullion to discuss the metal you wish to purchase. Once you clear the payment, your precious metal gets shipped to an insured and secure depository under your name. 

How is your IRA gold stored?

RC Bullion keeps investors' assets at the Delaware Depository. Each investor's assets are stored in segregated accounts isolated from each other. Investors are allowed to visit the depository at any time to see their assets but this may need to be scheduled in advance.

2. Precious Metals for Personal Collection

You can also contact RC Bullion to purchase precious metals for your collection. Not only can you get bullion bars and coins, but they also offer numismatic and semi-numismatic bars and coins.

3. Investment Guide

I don't know of any precious metal investment company that doesn't provide a free investment guide. RC Bullion is no exception to this rule. The company provides its clients with a guidebook that informs them about the basics of investing in precious metals, together with the reasons why they should be working with RC Bullion.

4. Affiliate Program

RC Bullion has an affiliate program that pays a 3% commission on all sales of the people you refer to the company. If you've invested in RC Bullion and liked your experience, you can recommend it to others and make some extra cash.

Payments and Deliveries

I'm sure you are also interested in RC Bullion's fees and their delivery system. Relax – that's what comes up next.

Purchase Price

I'm sure you already know you won't get these precious metals at the spot prices you see online.

The sale price at RC Bullion also always includes an operating margin on each transaction. RC Bullion defines the operating margin of each transaction.

However, this is open to negotiation, and it varies depending on the market time and class of precious metals.

RC Bullion's typical operating margin on different products are listed below.

ProductExampleTypical Operating Margin
Common Billion ProductCanadian Maple Leaf10%
Numismatic, Semi-numismatic, and rare coinsMorgan Dollars25%

However, don't forget – these values keep changing. Always confirm the actual operating margin from an account specialist at RC Bullion before placing an order.

The total cost of the order will also include the shipping and insurance fee. And your payments can be made via wire transfer, personal check, or cashiers' check. 

Deliveries at RC Bullion

After the verification of your payment, RC Bullion then delivers your assets to the location specified in the order. Confirming of payment made by personal checks may take up to 10 business days.

And RC Bullion makes use of delivery services such as FedEx, UPS, among others, to deliver your assets.

Why to work with RC Bullion?

You are probably being disturbed by this question. I'm sure you want to know what makes RC Bullion different from others in the same field. As I've always done, you can find below the qualities that make RC Bullion stand out in the market.

1. Their Tenacity at Educating the Public

I believe the first thing you will notice when you visit RC Bullion's website is their list of informative articles. They have compiled quite a lot to better educate the public about investing in precious metals.

They also put up a free guide book to introduce you to the world of investing in precious metals.

2. Acquisition of Numismatics

Unlike some in the field, RC Bullion increases your investment opportunities by helping you acquire rare and collectible coins. So if you are not only interested in bullion products, RC Bullion gives you the chance to get other precious metals of interest.

3. Transfers and Rollovers Without Penalties

It is rare to carry out a transaction today without incurring various tax rates. However, RC Bullion has made sure they are fully aware of all regulations that regulate transfers and rollovers.

They supply the appropriate paperwork for rollovers promptly, ensuring all funds transfer goes smoothly without a hitch. RC Bullion also makes sure your purchase complies with all tax rules and government regulations so that the transfer is tax-free. 

Does RC Bullion have Cons?

Come on! Is there a perfect dealer out there? Have there been complaints about RC Bullion? Yes! You just have to be sure you are working with the best you can get.

The main issue you might have with RC Bullion involves trust. Let's go through some reasons you might not want to trust RC Bullion.

While RC Bullion takes time to upload informative content on their website, the same is not the case about company details. 

Their website lacks the necessary information that proves the legitimacy of companies.

You won't know anything about who started the company, their partners, or their staff by checking the website. Most information about the company is from reviews. Thus, it becomes hard to work with them as you have no information about who the dealer is.

These precious metals were from another dealer, and this transaction was considered an exception for the client. This transaction eventually led to a complaint about the lack of clear company policies.

Well, reports prove that a company that goes back and forth on its policies and standards isn't one to trust. 

Ratings

You can read the detailed ratings of the company by visiting the folloing sources.

Conclusion

RC Bullion offers a 100% tax-free conversion on transfers.