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Scottsdale Bullion and Coin, based in Scottsdale, AZ, is a reputable and well-established precious metals dealer. Financial advisors often recommend incorporating precious metals into investment portfolios, particularly for those with a long-term perspective.
Historically, precious metals have proven effective in preserving the purchasing power of savings.
Forbes suggests that precious metals should comprise between five and fifteen percent of a diversified portfolio. Scottsdale Bullion and Coin offers a unique retirement plan that enables investors to enjoy tax-deferred growth through physical precious metals held in an approved IRA.
In this comprehensive review of Scottsdale Bullion and Coin, we will delve into the company's offerings and explore the advantages and disadvantages of investing in physical precious metals.
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Who Is Scottsdale Bullion and Coin?
Scottsdale Bullion and Coin is an established precious metals company based in Scottsdale, Arizona.
A rise in financial markets and political uncertainties are driving more investors to physical assets like precious metals. In particular, gold has demonstrated its ability to maintain value even when paper markets fluctuate.
Gold is also a historical hedge against inflation.
Owning physical gold, like bullion and coins, may be preferred by longer-term investors over traded gold mining stocks, gold receipts, and gold exchange-traded funds (ETFs). Selecting a gold dealer is an important decision.
Occasionally, investors read reports about fake gold or counterfeit coins circulating online. This is why it’s essential to know about your gold dealer’s reputation.
This is one of the primary reasons that Scottsdale Bullion and Coin is a thriving concern. The staff takes the time to help investors learn about how the precious metals markets operate and why precious metals like gold are an important wealth-building asset class.
The company offers all of the services investors need to buy and sell precious metals, store precious metals, and invest in precious metals for retirement. This distinguishing factor is one of the top reasons investors choose Scottsdale Bullion and Coin.
How Does It Work?
Scottsdale Bullion and Coin provides investors with many opportunities to build long-term wealth through education and great customer service. The company’s free guide helps investors to understand more about how to invest in precious metals.
Provide your U.S. phone number and email address to learn more about investing in bullion, coins, and bars of precious metals.
The company is proud of its customer service. When you sign up to purchase precious metals, Scottsdale Bullion and Coin requires you to reach out to their internal support staff or you may ask them to call you at your preferred phone number.
Here’s a short recap of the new client process:
The exact steps in your process may vary according to investment goals. If you want to purchase precious metals, if you want to sell existing holdings, or you want more information about the investment process, Scottsdale Bullion and Coin’s knowledgeable staff stands by to help every step of the way.
Why Put Gold in Your IRA?
Individual Retirement Accounts (IRA) protect your retirement as well as your family's financial security.
These special accounts allow you to set aside tax protected savings that you can use in the future.
With these long term accounts it's important to allocate a significant portion to assets that are solid and reliable, so you have a secure and worry-free retirement.
You can have cash in an IRA, but that is devaluing at a rapid pace and inflation is out of control.
You need an asset that's dependable, retains it's value, and even increases in value over time, and there is no better asset for this than gold.
With the world's economy struggling through lockdowns, shortages, wars, and inflation, uncertainty has never been higher and investors are protecting themselves by placing physical gold in IRA's.
A gold IRA investment prospers from these crisis that negatively affect most other assets.
Risk is knowing the economic dangers and doing nothing to protect yourself and your family.
Safety is knowing the economic dangers and taking action to protect your financial future, and this is easy to do with a gold IRA.
Scottsdale Bullion and Coin: Products and Services
If you’re a trader or investor, you want to grow your wealth. Scottsdale Bullion and Coin provides easy access to an array of products and services, including:
Buy, sell, or invest in precious metal bullion (gold, palladium, silver, platinum), bars, and coins.
Provide Scottsdale Bullion and Coin with your Social Security Number (SSN) if you wish to liquidate certain items, e.g. South African Krugerrands or American Eagle coins.
These coins are highly liquid and marketable. They're popular with precious metals investors around the world because it’s relatively simple to buy and sell them as desired.
Numismatics products include current and payment media products and currencies, including coins or coin-like items, historically used instead of coins and currency.
Rarely, notaphily, i.e. banknotes, involves paper money. Investors and collectors sometimes own rare historic notes for their potential to appreciate.
In comparison, exonumia includes coin-like instruments, e.g. medals. These very collectible items may be used instead of currency. Lastly, scripophily involves the purchase, sale, or collection of stock and bond certificates.
Numismatics value is based on the scarcity, condition, and demand for these items. It seldom relates to the value of the precious metal content or fabrication. Ask your financial advisor about these products.
Some may be considered as potentially exempt from seizure by foreign or domestic governments. Some popular numismatics include coins graded by the Professional Coin Grading Service and Numismatic Guaranty Corporation.
Proof coins are mass-produced bullion coins that are usually offered to collectors. They often pass through a special imprinting process to fix images on them. These rare coins include popular Proof American Eagles.
The U.S. Mint Certificate of Authenticity is proof of provenance.
Scottsdale Bullion and Coin offers other valuable products and services at no cost to investor clients, including the Free Precious Metals Investors Kit, expert precious metals reports, Q7A consultation process, and their investment approach and platform.
Scottsdale Bullion and Coin Complaints
Any business with an online presence today has customer reviews and complaints. If a company publishes customer reviews only on its website or if it has perfect five-star reviews on Google, you may have reasonable questions about the business.
Less than perfect reviews can also provide you with a balanced assessment of customers’ experiences with the business.
In comparison, Scottsdale Bullion and Coin is an established business (since 2012) that offers reliable investment services in precious metals. It’s rated “A+” by the Better Business Bureau.
All companies strive for the best possible reviews, and Scottsdale Bullion and Coin want their customers to have great experiences.
Customers routinely rate Scottsdale Bullion and Coin at 4+ stars. Yelp customers rank Scottsdale Bullion and Coin at four stars or higher for investments and above four stars for other items, e.g. jewelry.
Authenticity is an important detail for investors and collectors.
As above, most precious metals products sold by Scottsdale Bullion and Coin are authenticated, minted, and graded by regulatory agencies, e.g. the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC).
Customer service at Scottsdale Bullion and Coin is decent. Customers may reach the company toll-free at 1-888-812-9892 or locally at 1-480-459-5597. The company is physically located at 14500 N. Northsight Boulevard #204 Scottsdale, AZ 85260.
Pros and Cons
Scottsdale Bullion and Coin provides new and experienced investors with opportunities to invest in gold, silver, palladium, platinum, and precious metals. The company believes in educating its customers about how to invest in precious metals.
Novices and experts are welcomed.
Investors like that Scottsdale Bullion and Coin bring many resources together under one umbrella. Its full-service platform is also easy for customers to use.
Some additional pros and cons about the business include:
Pros
Cons
Note: Precious metals markets are made by bringing buyers and sellers together. At times, the “spread” between buyer and seller may be wide. In rising markets, the buyer may pay a premium to buy a certain amount of precious metals.
Conclusion
In today’s often-anonymous online dealings, it’s important to ask questions about investment dealers. Precious metals dealers are abundant, too, so it’s challenging to identify the similarities and differences between them.
If real-time customer service is important to you, or if you’d like to know that it’s possible to visit your precious metals dealer in person (should you wish), Scottsdale Bullion and Coin are there for you.
If you have questions about how to invest in physical precious metals or you want to know how to build long-term wealth with these assets, Scottsdale Bullion and Coin has products and services that allow you to accomplish these goals.
Many investors benefit from owning precious metals as a part of their financial holdings.
Physical assets, in comparison to paper or held-in-street-name securities, are tangible and reliable investments in a future that may include higher than average inflation.
Scottsdale Bullion and Coin is an ok company, but they are not the best choice like other companies we have written about on this website.
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I started BMOGAM Viewpoints as a way to compile all my views on investing in one place. I own my home, have some real estate, and own a few stocks like most people, but what really drives my interest in investing is I have a strong love of precious metals, especially gold.
