Bullion Direct Review

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Last Updated on: 10th May 2023, 12:02 pm

Bullion Direct
Bullion Direct - byChris Thomas, April 1, 2011
2/ 5stars
on
Bullion Direct
Review Summary :

Bullion Direct, Inc is an online dealer that facilitates the sales, purchase, trading, clearing, and validation of precious metals. The company was founded in 1999 and launched its website in May of 2000. The site provides a platform in which individual investors and institutions can place and track precious metals orders in real-time. Bullion Direct has more than 15 years specializing in the online sale of gold, silver, platinum, and palladium bullion. The company utilizes a proprietary real-time, real-order digital exchange system known as Nucleo.

Pros:

  • End-to-end IRA investing support
  • US-based precious metals firm
  • They claimed to have fast delivery times

Cons:

  • Filed for Chapter 11 bankruptcy in 2015
  • Services currently unavailable
Quick Facts about Bullion Direct
Reviewed By:Chris Thomas
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On July 20, 2015, BullionDirect, Inc. filed a bankruptcy petition, Chapter 11 No. 15-10940 in the U. S. Bankruptcy Court, Western District of Texas, Austin Division Additional notices will appear on their site regarding hearings, deadlines, filing proofs of claim and other such matters. PDF Notice

About the Management

Bullion Direct's president is listed as Charles McAllister. The idea for the company was originally conceptualized in the 1990s with the goal of creating a digital system in which investors could easily buy, sell, and trade precious metals in real time. The software side of the site is handled by a spinoff of Bullion Direct known as Nucleo Development.Bullion Direct, Inc. has been a BBB-accredited business since November 2013.

Bullion Direct Ratings and Complaints

Here's a general overview of Bullion Direct's online reputation based on ratings and reviews from the top online business directories:

  • BBB Rating: F (Details)
  • BBB Complaints: 177 complaints in the last 3 years (Details)
  • BCA: AA (Details)
  • BCA Complaints: 2 complaints (Details)
  • CitySearch: Not Rated (Details)
  • Google+: Not Rated (Profile)
  • RipOff Report: 1 Report (Details)
  • SiteJabber: No Reviews (Details)
  • Trustlink: Not Listed (Details)
  • Yellow Pages: Not Rated (Details)
  • Yelp: Not Listed

Bullion Direct Prices and Products

Bullion Direct offers gold, silver, platinum, and palladium bullion coins and bars in a variety of denominations. Their prices are based on real-time market fluctuations and are available 24/7 via their online catalog. The table below shows Bullion Direct's prices for some of their gold bullion products that are eligible to be deposited into an IRA:

Bullion Direct's IRA-eligible Gold Bullion Prices (September 9th, 2014):

Coin TypePrice
American Gold Eagle 1 oz$1,303.26
American Gold Eagle ½ $675.64
American Gold Eagle ¼ oz 2014$356.72
American Gold Eagle ¼ oz (backdated)$354.29
American Gold Eagle 1/10 oz 2014$146.05
American Gold Eagle 1/10 oz (backdated)$144.99
American Gold Buffalo 1 oz 2014$1,309.75
American Gold Buffalo 1 oz (backdated)$1,306.51
Australian Kangaroo ½ oz$680.45
Australian Kangaroo 1 oz 2014$1,315.43
Australian Kangaroo 1 oz (backdated)$1,309.02
Austrian Gold Philharmonic 1 oz$1,291.97
Austrian Gold Philharmonic 1/10 oz$150.37

As you can see, Bullion Direct provides access to a very extensive catalog of bullion in comparison to many competitors. We should note that the above products are not the complete range that they offer. According to their website, Bullion Direct is no longer accepting IRA-enabled trading accounts.

Bullion Direct Contact Details

Always Review the Competition Before You Buy

Choosing the best precious metals provider to help you stock your gold IRA account can be a challenging task, especially if you're stuck doing the research on your own. Fortunately, many investors have come before you and have left detailed reviews and ratings that provide useful insight. We've reviewed the top precious metals companies to help you avoid high prices and unnecessary hassle.

Contact Us if You Own or Represent Bullion Direct

If you're an owner, associate, or representative of Bullion Direct and you've noticed some information on this page that is outdated or inaccurate, please feel free to contact us to express your concerns. We will cooperate with requests if they are in line with our goal of giving our readers the most accurate and up-to-date reviews possible on an ongoing basis.

Bullion Direct
Bullion Direct - byChris Thomas, April 1, 2011
2/ 5stars
on
Bullion Direct
Review Summary :

Bullion Direct, Inc is an online dealer that facilitates the sales, purchase, trading, clearing, and validation of precious metals. The company was founded in 1999 and launched its website in May of 2000. The site provides a platform in which individual investors and institutions can place and track precious metals orders in real-time. Bullion Direct has more than 15 years specializing in the online sale of gold, silver, platinum, and palladium bullion. The company utilizes a proprietary real-time, real-order digital exchange system known as Nucleo.

Have you purchased products from Bullion Direct? Leave a review!

Leave your rating

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Leave a rating:

Chris Thomas
Chris Thomas

Chris Thomas is a Senior Editor at Gold IRA Guide. He is an experienced financial and investment author with a strong passion for commodity investing and global economics. Before joining the Gold IRA Guide team, Chris has been writing for various authority financial portals and magazines for over two decades.

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