Best SD Bullion Alternatives

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Contributor, Benzinga
December 4, 2024

If you're exploring options beyond SD Bullion for purchasing precious metals, several reputable alternatives cater to different needs, including investment goals, pricing, and product selection. These alternatives offer a variety of gold, silver, platinum, and other precious metal products, as well as secure storage and delivery options.

Whether you’re a seasoned investor or a first-time buyer, understanding these options can help you find the best provider for your precious metal investments.

Best SD Bullion Alternatives

Best SD Bullion Alternatives

Here are some of the best alternatives to SD Bullion:

1. Best for Transparent Pricing: American Hartford Gold

American Hartford Gold is a family-owned business based in Los Angeles and was ranked the #1 gold company by the Inc. 5000's 2021 List of America's Fastest-Growing Private Companies. You can purchase precious metals to be delivered directly or through an IRA with the platform.

American Hartford Gold has it all. It has gold, silver, and platinum investments and will buy your precious metals from you when you want to sell. It also has fantastic educational resources that can be a massive help on your investing journey. It is recommended by personalities and celebrities like Bill O'Reilly, Rudy Giuliani, Roman Balmakov, and Dave Rubin.

2. Best for Customer Service & Education: American Alternative Assets

American Alternative Assets has emerged as a prominent player in the precious metals market, offering a unique combination of outstanding customer service and comprehensive educational resources. This company is particularly well-suited for investors who are new to the world of precious metals or those seeking guidance throughout their investment journey.

Whether you're just starting in the world of precious metals or looking to expand your portfolio, American Alternative Assets is a valuable resource to consider.

3. Best for Fast Account Opening: Priority Gold

Priority Gold is a growing name in the precious metals investment sector, particularly recognized for its dedication to creating opportunities for gold IRAs. The company caters to a diverse clientele, from novice investors to seasoned financial enthusiasts, aiming to bolster their portfolios with precious metals.

Priority Gold is an excellent choice for investors who prioritize a quick account setup and comprehensive service in the precious metals landscape. The company specializes in helping investors diversify their portfolios by adding precious metals, which can serve as a hedge against inflation and market volatility.

4. Best for Experienced Precious Metals Investors: Preserve Gold

Preserve Gold is a California-based company that specializes in gold and other precious metals IRAs and direct sales of metals like gold, silver, platinum, and palladium. Founded in 2022, the company offers options for rolling over existing retirement accounts or creating new ones, focusing on investments that comply with IRS regulations.

Preserve Gold has a buyback program with zero liquidation fees for customers wishing to convert their metals back to cash. Known for its customer-centric approach, the company receives high ratings for transparency, education, and personalized support across multiple review platforms​.

5. Best for Tangible Precious Metal: American Precious Metals Exchange (APMEX)

  • APMEX
    Best For:
    Investing in Collectible Coins and Gold
    VIEW PROS & CONS:
    securely through APMEX's website

Founded in 1999, American Precious Metals Exchange(APMEX) has established itself as a leading choice for investors looking to diversify their portfolios with high-quality precious metals, including gold, silver, platinum, and palladium.

The company is known for its vast selection of products, user-friendly website, and commitment to transparency and customer service. Whether for personal collection or investment purposes, APMEX provides a reliable and transparent option in the online gold dealer landscape.

What is SD Bullion?

SD Bullion is an online precious metals dealer that specializes in gold, silver, platinum and palladium products. It started in 2011 as a precious metals news website and evolved into a top bullion dealer. It is one of the fastest-growing companies, let alone precious metals dealers, in the United States, and it has a reputation for its ease of use and competitive prices.

While SD Bullion is a great option for investors looking to buy or sell bullion, it may not be the best platform for everyone. A variety of alternatives can offer similar or better customer service, product selection, and pricing.

What SD Bullion is Lacking

SD Bullion is a well-known precious metals dealer that provides a wide selection of coins, bars, and rounds. However, it has a few disadvantages that you can avoid with other dealers. One such disadvantage is that the selection of coins and bars available is limited, with a focus on U.S. coins, bars, and rounds. Its selection is more than wide enough for most investors, but it's not the best for some kinds of investors like coin collectors.

One of the most important features that SD Bullion lacks is direct support for is precious metals IRAs. If you are looking to invest in precious metals with the tax benefits of an IRA, SD Bullion is likely not the best dealer for you.

SD Bullion usually charges low or industry-standard fees, but it does have a 3%-5% cancellation fee if you fail to submit your payment in time. It charges a 3%-5% restocking fee for returns as well.

Reviewers have expressed some frustration with SD Bullion for its customer service. According to many reviews, its service is not bad but is a bit limited as it's only available on weekdays during business hours.

Should You Be Investing in Precious Metals?

Investing in precious metals can be a smart and lucrative way to diversify an investment portfolio. Precious metals such as gold, silver, and platinum have historically held their value over time. Additionally, precious metals tend to perform well during economic downturns, making them an attractive option for investors looking for long-term security.

Golden Insights

Choosing the right precious metals dealer is a crucial step in building a robust investment portfolio. While SD Bullion is a trusted provider, alternatives like APMEX and Preserve Gold offer competitive pricing, diverse product selections, and specialized services like gold IRAs and storage solutions.

Each company caters to unique investor needs, whether you're focused on affordability, extensive product options, or expert guidance for retirement accounts. Comparing their offerings and reading reviews can help you find the best fit for your financial goals.

Frequently Asked Questions

Q

Who is the most reputable gold bullion dealer?

A

Some of the most reputable gold bullion dealers include American Hartford Gold, APMEX, JM Bullion, and Preserve Gold.

Q

Which is better APMEX or JM Bullion?

A

When comparing APMEX and JM Bullion, both are reputable gold and silver dealers with solid offerings. However, the best choice depends on your needs. For general collectors or investors prioritizing rare finds, APMEX may be the better fit. For budget-conscious buyers or those valuing top-tier customer support, JM Bullion is ideal.

Q

What will gold be worth in 5 years?

A

The price of gold in five years is difficult to predict accurately due to its dependency on various global economic factors, such as inflation, interest rates, geopolitical stability, and demand for safe-haven assets. However, analysts generally expect gold prices to continue rising in the medium to long term.

Henry Stater

About Henry Stater

Henry is an expert in all things crypto. He stays up to date with all the latest coins, platforms and technologies in the field. He has particular expertise in the burgeoning decentralized finance ecosystem and loves trying out all the new platforms. He also always follows major events in other financial markets and geopolitics as a whole, especially when an event’s effects ripple through the crypto market.