Direct Bullion USA

Direct Bullion USA Reviews

Direct Bullion USA Reviews
4.4(8)
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Overall Rating4.4 out of 5
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About Direct Bullion USA

Direct Bullion, originally a small family office in the U.K., has since expanded its operations to the U.S., with branch locations in Miami and Los Angeles. As a comprehensive precious metals firm, Direct Bullion sells gold and silver for personal collections or individual retirement accounts (IRAs). The company extends a $50 discount on any order to veterans.

Pros & Cons

Pros

  • $50 veteran discount
  • Guaranteed buyback program

Cons

  • No online pricing
  • No platinum or palladium

Bottom Line

Direct Bullion USA specializes in IRA-approved precious metal purchases and offers the option to open up a silver or gold IRA through an approved custodian.

Gold and other precious metals are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.

Our editor’s take on Direct Bullion USA

Direct Bullion doesn’t post its prices or fees on its website, so it's difficult to fully compare it to other gold IRA companies. While it is an option for IRA-approved metal purchases or for setting up a self-directed IRA, if you were looking for platinum or palladium or rare/vintage coins, Direct Bullion will not satisfy those needs.

We appreciate that Direct Bullion gives out a free precious metals IRA kit to help educate new investors. The $50 discount for veterans is also a perk, since precious metal purchases don’t usually come with recurring discounts.

How does Direct Bullion USA work?

When you are ready to order or set up a self-directed IRA, you will need to contact Direct Bullion directly. When you open an IRA with Direct Bullion, you will select from one of its trusted custodians and designate Direct Bullion as your dealer.

While Direct Bullion has some of its products and information on its website, expect to conduct most of your business over the phone, or in person if you are near one of its brick-and-mortar locations.

Direct Bullion USA products

Direct Bullion offers gold and silver bullion in the form of coins, bars and rounds. It also offers a self-directed IRA in which you can keep IRA-eligible precious metals.

  • Precious metals IRA: Direct Bullion USA gives customers the option to invest in precious metal IRAs. Currently, it offers gold and silver IRAs.
  • Gold: Direct Bullion USA offers gold coins, rounds and bars.
  • Silver: Invest in silver coins, bars and rounds.

Direct Bullion USA fees

You will need to call the company to find out the current price of each coin bar or round. However, it does offer a live price ticker on its website, so you can be sure you are getting market value when you buy.

Typically, setting up a gold IRA comes with other fees, such as a setup fee, an annual fee and a storage fee, but Direct Bullion does not state on its website how much these fees are.

Direct Bullion USA FAQ

How can I sell my gold and silver to Direct Bullion USA?

To sell your gold and silver to Direct Bullion USA, you'll need to get in touch with an account manager. You can do this by calling its customer service line.

Where does Direct Bullion USA ship from?

Direct Bullion does not mention where it ships from; however, it has locations in Los Angeles and Miami.

Does Direct Bullion offer any money-back guarantees?

While the company does not disclose its return policy, it promises that every shipment will be insured with discreet shipping. It also says it will give you a fair market offer on your gold when you sell it back.

Is Direct Bullion USA legit?

Yes, Direct Bullion USA was established in 2015 and says it has served 12,000 clients and processed over $117 million worth of transactions. All purchases are insured during shipping, so you are covered if anything happens to your package while it’s on the way.

Direct Bullion USA Reviews

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Page 1 Reviews 0 - 5
Verified purchase
Customer ServiceOnline & AppStaffTransparency

Reviewed Nov. 4, 2023

I like the availability of the people at Direct Bullion. I could call and speak to someone immediately. If they were busy, they'd get back to me in short order. But there could have been better communication in regards to the products that I ordered in their delivery. I spent $75,000. When I would go to the depository to see if everything was there, there were some products that hadn't been delivered yet, but that wasn't communicated to me. Once Direct Bullion found out that the product had been delayed, that could have been conveyed. Also, their website could use some work. They've got one website then they have another one when you do forward slash USA. If they could make it one instead of being split like that, that'd go a long way. But our rep, Oscar, has been fantastic. I would recommend Direct Bullion to friends or family looking to preserve their wealth.

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Direct Bullion USA
Response from Direct Bullion USA

Thanks for you honest feedback Tim. Some products do take longer to deliver than others so I am grateful for your patience whilst your order was completed. It looks like everything was vaulted securely in good timing. Regarding the website, we are currently building a new website that will have a tonne of new features that we think clients like you are going to love... So stay tuned for that. We appreciate your recommendation of Direct Bullion USA and we hope we can assist you further in the future!

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    Verified purchase
    Staff

    Reviewed Nov. 3, 2023

    Direct Bullion's reps kept calling so their persistence stood out. They helped me first with my IRA and once I felt comfortable, I got some for myself. It was positive enough to where I told my family members and even my husband. It wasn't anything in Direct Bullion's control about how long it took. It was the IRA company that I had. They were slow on moving.

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    Direct Bullion USA
    Response from Direct Bullion USA

    We appreciate your feedback and are pleased to hear that our team's persistence and assistance were valuable to you during the process of setting up your IRA and making personal investments.

    We understand that sometimes external factors, such as the processing times of other companies, can impact the overall experience. We're glad that despite these challenges, you found our services positive enough to recommend to your family members and your husband. If you have any further questions or if there's anything else we can assist you with, please feel free to reach out. We value your trust in us and look forward to serving you in the future.

    Verified purchase
    Customer ServiceStaff

    Reviewed Nov. 1, 2023

    I bought precious metals through Direct Bullion and it was easy as pie. I was fortunate enough to meet on the phone with a gentleman by the name of Sam, and he took me through what was available and gave me a couple of hints on how to invest. I took that information, checked it out through other sources, and went back to him, and it's been fairly well. Sam is the one I most work with. There have been others too, but when I pull a checkbook out, I talk to Sam. All in all, the reps have been very patient with me and gave me a lot of information to work with, and it's been a real square deal. They did what they said they were gonna do.

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    Direct Bullion USA
    Response from Direct Bullion USA

    It's great to hear that your interactions with the company have been smooth and informative. It's important to have a knowledgeable and patient representative like Sam, especially when making investments involving precious metals. We appreciate your trust in us, and we're pleased to know that our team has been able to assist you effectively. If you have any further questions or need assistance in the future, please don't hesitate to reach out. Thank you for choosing Direct Bullion USA!

    Verified purchase
    Customer ServiceStaff

    Reviewed Nov. 1, 2023

    They were very kind and patient with me. My rep Brian was exceptional. He called me back when I would call. He has the patience of anyone I've ever known. I called him about different things. I gave him the wrong address and so the money was sent back. It was counted and sent back out. He kept track of everything and let me know. I recommend Direct Bullion.

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    Direct Bullion USA
    Response from Direct Bullion USA

    Thank you for taking the time to leave us a positive review on your experience. We pride ourselves in ensuring that the process it taken at a pace tat you are comfortable with. Delivery hiccups do happen so I am really pleased that this issue was fixed promptly and you received everything safe and sound. Please get in touch if we can assist further!

    Verified purchase
    Customer ServiceStaffTransparency

    Reviewed Oct. 31, 2023

    I called them up and talked to one of their guys there and he explained to me why I should be investing in the metals as opposed to anything else and it made perfect sense to me. I enjoyed working with them very much. They were very informative. I worked with multiple people and it was great because they pissed me off and, as they did, they said, "I will be here. If you need to talk to me, I'm still here. If you have any questions, we're all on the same team. So, don't worry about not talking to me." One of the gentlemen there, Tony, was extremely knowledgeable in metals and he taught me a lot about metals and I learned a lot from him. I look forward to working with them in the future.

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    Direct Bullion USA
    Response from Direct Bullion USA

    It sounds like you had a fantastic experience working with the team, especially Tony, at Direct Bullion USA. Their informative and reassuring approach clearly made an impact on you. It's great to hear that you appreciated the support and expertise provided by the team. Building a strong rapport with knowledgeable professionals like Tony can indeed enhance your understanding and confidence in your choices. Best of luck with your future endeavors, and may you be successful! If you have any more questions or need further assistance, feel free to ask.

    Verified purchase
    Customer ServiceStaff

    Reviewed Nov. 2, 2023

    Direct Bullion was more personable at first, but it's been frustrating working with them. It took longer for my purchase to go from being purchased to the depository than is legally required. It was two months. They said the depository in Salt Lake takes longer because they double check everything. I'm still a little bit nervous. I've had other people call and tell me not to work with them.

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    Verified purchase
    Price

    Reviewed Oct. 31, 2023

    I talked to a salesman at Direct Bullion and he explained what I needed to know. I made a purchase and they sent me confirmation. It was a very simple process. The representative was good at updating when gold and silver prices were up or down.

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    Direct Bullion USA
    Response from Direct Bullion USA

    I'm glad to hear that your experience with Direct Bullion was straightforward and efficient. Having a knowledgeable representative who keeps you updated on gold and silver prices can be invaluable in making informed decisions. It's great that they provided clear explanations, promptly sent confirmations, and maintained open communication about market fluctuations. If you have any more questions, don't hesitate to reach out!

    Verified purchase

    Reviewed Oct. 31, 2023

    Buying from Direct Bullion is easy. I like that I have control of the gold and silver that I buy and it's in my possession.

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    Direct Bullion USA
    Response from Direct Bullion USA

    It's wonderful to hear that your experience with Direct Bullion has been smooth and satisfying. Having control and possession of the gold and silver you purchase can provide a sense of security and peace of mind. Direct ownership of precious metals is often valued by investors for its tangible nature and the ability to physically possess and store the assets. If you have any questions about precious metals or any other topic, feel free to let me know.

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    Direct Bullion USA Company Information

    Company Name:
    Direct Bullion USA
    Website:
    www.directbullionusa.com