JM Bullion is a precious metals dealer that deals most specifically in the fields of gold and silver rounds, coins, and bars of all sizes. They strive to continually beat competitor’s pricing and be the most convenient, easy to use bullion site that exists on the web, and they are making great strides to achieve that end.
Not only is JM Bullion an obvious choice as far as cost effectiveness goes, but they also pride themselves on safe and secure payment and shipping options with little to no markup on shipping costs.
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If you ever have any questions or would simply prefer to make an order over the phone, you can utilize the toll-free help line and be talking to a live agent in no time at all. In the following sections we will delve a little bit deeper into what makes JM such a great outlet for nearly all your precious metals needs, but first, let’s answer the most important question out there: is JM Bullion a real, legitimate company, or a scam? Read our JM Bullion reputation review to learn more about the company’s history.
Products and Pricing
Finding whatever bullion product you are looking for is incredibly easy at JM Bullion because the site is organized so cleanly. When browsing the assortment of gold bullion products available for purchase you will have the option to view gold/silver bars and coins separately, or all at once on the same page.
The selection of gold bars is wide which leaves the buyer with options that don’t necessarily mean he is going to have to break the bank to make a purchase. There are gold bars as small as 1 gram, ascending in size up to 10 ounce bars and even 1 kilogram bars for the really serious investors. Silver bars range from as small as a 1 ounce bar to as large as 100 ounces.
The gold coin page is made up mostly of American Eagles of many different sizes, along with 1 ounce versions of popular coins like the Austrian Philharmonic, Canadian Maple Leaf, and the South African Krugerrands mixed in too. The selection of silver coins is similar to that of the gold coins.
There is a limited selection of silver rounds, the most well-known of which is the American Silver Buffalo. You don’t need to worry about pricing because like it says at the top of their products page, “Best price ANYWHERE-Call us if you find better!” This is a bold statement that is backed up by their comparably low prices on both the products themselves but shipping and handling as well.
JM Bullion works with all of the major IRA custodians for precious metals IRA investments. Customers can work with the custodian of their choice, and utilize JM for the physical fulfillment of metals. JM Bullion currently offers IRAs through New Direction IRA, but is able to work with any accredited custodian to facilitate your investment needs.
When attempting to pay for your purchase on JM Bullion you should have no trouble at all, as they give you three very simple ways to make a payment. The first of these three options is to use your credit or debit card; there is no minimum purchase requirement for this payment method, but orders cannot exceed $1,500 if you would like to pay with a card.
Another popular option for payment is by paper check, whether it be a personal check, money order, or cashier’s check. Like credit cards there is no minimum purchase amount required to use a check, but the maximum amount a check can be used for is $10,000. A plus to using a check as opposed to a credit or debit card is that JM Bullion discounts your order total by 4% for those using the paper check payment method.
Bank wire orders also offer a 4% discount on the cost of your purchase, but the minimum your order must be in order to use a wire is $5,000. Anyone who is spending $10,001 to $100,000 will have no other choice but to use a bank wire in order to pay for their purchase.
JM Bullion uses both USPS and UPS to ship their orders, with the shipping method determined by the dollar total of your order. The basic rule of thumb is that if you are spending less than $500 you will have your item shipped via USPS and all orders over $500 will be sent with UPS and will require a signature upon delivery. All shipping prices are competitive with nearly all other popular bullion sites out there and in a lot of cases even better, such as free shipping on orders over $2,500..
Selling to JM Bullion
Another important factor to keep in mind when purchasing precious metals online is the fact that eventually, you may want to sell your metals, and it helps to be able to sell back directly to the company you purchased from. JM Bullion quotes buyback prices for all of their major bullion products, and will also do custom quotes for non-standard material. By calling the company, you can mention what you have, receive an exact quote, ship your material in, and receive payment by paper check or bank wire as soon as your materials are verified.
If you are looking for a place to purchase bullion without having to worry about high markup on products or shipping then JM Bullion is where you should take your business. They are a new company but have been gaining a loyal fan base in an astonishingly short amount of time due to their great customer service and unbeatable prices.