RC Bullion Review: A Trustworthy Precious Metals Provider?


When it comes to investing in physical gold or silver or opening a gold IRA, choosing the right precious metals provider is crucial for a reliable and positive experience. One such provider is RC Bullion, a company that sells gold and silver investment coins and facilitates precious metals IRAs. In this in-depth RC Bullion review, we will explore whether this company is trustworthy and if it can meet your needs.

About RC Bullion

RC Bullion has been operating since 2013 and is based in Los Angeles, CA. They offer a wide range of precious metals products, including gold, silver, platinum, and palladium. While they primarily focus on selling silver and gold, they occasionally offer platinum and palladium as well. RC Bullion received BBB accreditation in 2015 and currently holds an A+ rating. They also have a 5.0 average rating on Google Business Profile based on four reviews, indicating positive customer experiences.

Customer Education and Guidance

RC Bullion provides some resources in their "Knowledge" section to help customers understand the investing process. These resources include a free gold investment guide, investment articles covering various topics related to gold and silver investing, and frequently asked questions about precious metals IRAs. While these resources may not be as extensive as those offered by other providers, they can still provide basic information for beginners. For more comprehensive information, it is recommended to explore other resources on Learn About Gold.

Fees & Prices

RC Bullion charges several fees as part of their investing process. It is important to understand these fees to factor them into your investing budget. Here are the costs associated with investing in precious metals through RC Bullion:

Annual Fees

When opening a gold or silver IRA with RC Bullion, you will need to pay an annual custodian fee of $100 to keep your account open. However, if you invest more than $25,000 during your first year, RC Bullion will waive this fee along with other IRA fees.

Annual Storage Fees

As per IRS regulations, precious metals in an IRA must be stored in an approved depository. RC Bullion takes care of transporting your precious metals to the depository, and you will pay an annual storage fee of $100 to RC Bullion instead of directly to the depository. The company stores all precious metals in a fully insured, high-security depository.

Shipping Fees

RC Bullion does not charge any shipping fees for gold IRA facilitation, which can help reduce overall costs.

Investment Minimums

The minimum investment requirement for opening a new IRA with RC Bullion is $10,000, which is relatively low compared to other providers.

Pros of RC Bullion

There are several advantages to working with RC Bullion. Here are the main pros:


RC Bullion offers free shipping for transporting precious metals to the depository, unlike other providers who charge shipping fees.

Direct Deals With Gold Sellers

RC Bullion partners directly with gold and silver sellers, providing customers with an extensive selection of precious metals products. You can purchase IRS-approved silver and gold, as well as platinum and palladium coins, to hold within your precious metals IRA. RC Bullion also offers other investment coins that are not approved for IRAs but can still be valuable additions to diversify your portfolio.

Passing Savings to Clients

RC Bullion does not upcharge its gold and silver products. Additionally, they have fewer extraneous fees compared to other providers, only charging annual custodian fees, storage fees, and a one-time application fee.

5-Star-Rated Gold Company

RC Bullion has received mainly positive reviews and ratings on major review platforms like Google, Trustpilot, and TrustLink. While they may not have as many ratings as more popular gold dealers, their smaller customer base allows for personalized attention and a more tailored experience.

Highly Rated Customer Service

RC Bullion has a friendly and helpful customer service team that has received positive feedback from investors. When you work with RC Bullion, you can expect personalized guidance from knowledgeable customer service agents throughout the process. They can be reached during regular office hours, and inquiries made outside of these hours will be addressed promptly the next business day.

Large Investment Selection

RC Bullion offers a decent selection of gold, silver, platinum, and palladium products. While their inventory varies, you can generally find at least 15 to 20 different precious metal coins available for sale through RC Bullion.

Cons of RC Bullion

While RC Bullion has many advantages, there are a few downsides to be aware of:

Prices Not Listed Online

One major disadvantage is that RC Bullion does not list the prices of their precious metal products on their website. To obtain pricing information, you will need to contact the company directly. While this may encourage direct communication, it may also indicate that RC Bullion charges higher prices compared to other providers.

Inventory Limitations

RC Bullion's inventory fluctuates, and they may stop selling platinum and palladium coins when there is high market demand. However, their website may not always reflect the current inventory, so you may only discover this when speaking with a customer service agent.

Regulatory Risks in Private Storage

When purchasing precious metals outside of an IRA, RC Bullion allows you to store them privately. While they provide secure shipping and tracking information, they cannot guarantee the safety of your precious metals once they leave their hands. There is a degree of risk involved in purchasing precious metals for physical delivery.

RC Bullion Gold IRA

RC Bullion offers assistance in transferring existing IRAs into self-directed gold or silver IRAs. They provide 100% tax-free conversions, making the transfer a non-taxable event. The transfer process is made simple with the help of a dedicated precious metals IRA specialist who will guide you through the paperwork. While RC Bullion cannot provide investment advice, their customer service team can help you understand your options and suggest products that align with your investment goals.


After conducting a thorough RC Bullion review, we can conclude that this company is a trustworthy option for investing in gold or silver. Despite having a smaller customer base and fewer reviews compared to more popular gold dealers, RC Bullion offers personalized customer support and transparent fees. While their inventory may sometimes be limited and pricing information is not readily available online, their overall advantages outweigh these downsides. Therefore, we recommend considering RC Bullion for your gold and silver investments.

Frequently Asked Questions

How do I open a Precious Metal IRA

The first step is to decide if you want an Individual Retirement Account (IRA). Open the account by filling out Form 8606. Next, fill out Form 5204. This will determine the type of IRA that you are eligible for. This form must be submitted within 60 days of the account opening. Once this is done, you can start investing. You can also contribute directly to your paycheck via payroll deduction.

To get a Roth IRA, complete Form 8903. Otherwise, it will be the same process as an ordinary IRA.

To be eligible to have a precious metals IRA you must meet certain criteria. You must be at least 18 years of age and have earned income to qualify for a precious metals IRA. You cannot earn more than $110,000 annually ($220,000 if married filing jointly) in any one tax year. Contributions must be made regularly. These rules are applicable whether you contribute through your employer or directly from the paychecks.

You can use a precious metals IRA to invest in gold, silver, palladium, platinum, rhodium, or even platinum. But, you'll only be able to purchase physical bullion. This means you can't trade shares of stock and bonds.

You can also use your precious metals IRA to invest directly in companies that deal in precious metals. Some IRA providers offer this option.

However, investing in precious metals via an IRA has two serious drawbacks. They aren't as liquid as bonds or stocks. It's also more difficult to sell them when they are needed. Second, they are not able to generate dividends as stocks and bonds. Therefore, you will lose more money than you gain over time.

How does a gold IRA work?

Gold Ira accounts are tax-free investment vehicles for people who want to invest in precious metals.

You can purchase physical gold bullion coins anytime. You don't have a retirement date to invest in gold.

Owning gold as an IRA has the advantage of allowing you to keep it forever. You won't have to pay taxes on your gold investments when you die.

Your gold is passed to your heirs without capital gains tax. Your gold is not part of your estate and you don't have to include it in the final estate report.

To open a IRA for gold, you must first create an individual retirement plan (IRA). Once you've done so, you'll be given an IRA custodian. This company acts like a middleman between the IRS and you.

Your gold IRA custody will take care of the paperwork and send the forms to IRS. This includes filing annual reports.

After you have created your gold IRA, the only thing you need to do is purchase gold bullion. The minimum deposit required to purchase gold bullion coins is $1,000 If you make more, however, you will get a higher interest rate.

Taxes will be charged on gold you have withdrawn from an IRA. You will be liable for income taxes and penalties if you take the entire amount.

However, if you only take out a small percentage, you may not have to pay taxes. There are exceptions. You'll owe federal income tax and a 20% penalty if you take out more than 30% of your total IRA assets.

You should avoid taking out more than 50% of your total IRA assets yearly. If you do, you could face severe financial consequences.

What is the best precious-metal to invest?

Answering this question will depend on your willingness to take some risk and the return you seek. Gold has been traditionally considered a haven investment, but it's not always the most profitable choice. You might not want to invest in gold if you're looking for quick returns. Silver is a better investment if you have patience and the time to do it.

If you don’t want to be rich fast, gold might be the right choice. However, silver might be a better option if you're looking for an investment that provides steady returns over long periods.

Who owns the gold in a Gold IRA?

The IRS considers any individual who holds gold “a form of income” that is subject to taxation.

This tax-free status is only available to those who have owned at least $10,000 of gold and have kept it for at minimum five years.

While gold may be a great investment to help prevent inflation and volatility in the market, it's not wise to keep it if you won't use it.

If you plan on selling the gold someday, you'll need to report its value, which could affect how much capital gains taxes you owe when you cash in your investments.

To find out what options you have, consult an accountant or financial planner.

How is gold taxed within a Roth IRA

A tax assessment for an investment account will be based on the current market value, and not what you paid initially. All gains, even if you have invested $1,000 in a mutual funds stock, are subject to tax.

The money can be withdrawn tax-free if it's deposited in a traditional IRA (or 401(k)). Taxes are only charged on capital gains or dividends earned, which only apply to investments longer than one calendar year.

These rules vary from one state to another. Maryland is an example of this. You must withdraw your funds within 60 calendar days of turning 59 1/2. You can delay until April 1st in Massachusetts. New York has a maximum age limit of 70 1/2. You should plan and take distributions early enough to cover all retirement savings expenses to avoid penalties.

Is buying gold a good way to save money for retirement?

Although gold investment may not seem appealing at first glance due to the high average global gold consumption, it's worth considering.

Physical bullion bar is the best way to invest in precious metals. There are many ways to invest your gold. It's best to thoroughly research all options before you make a decision.

If you don’t need a safe place for your wealth, then buying shares of mining companies or companies that extract it might be a better alternative. If you require cash flow, gold stocks can work well.

ETFs are an exchange-traded investment that allows you to gain exposure to the market for gold. You hold gold-related securities and not actual gold. These ETFs can include stocks of precious metals refiners and gold miners.

Should you Invest In Gold For Retirement?

This will depend on how much money and whether you were able to invest in gold at the time that you started saving. If you're unsure about which option to choose then consider investing in both.

Gold offers potential returns and is therefore a safe investment. Retirement investors will find gold a worthy investment.

While many investments promise fixed returns, gold is subject to fluctuations. This causes its value to fluctuate over time.

This does not mean you shouldn’t invest in gold. You should just factor the fluctuations into any overall portfolio.

Another advantage to gold is that it can be used as a tangible asset. Unlike stocks and bonds, gold is easier to store. It can also be carried.

You can always access gold as long your place it safe. Additionally, physical gold does not require storage fees.

Investing in gold can help protect against inflation. As gold prices rise in tandem with other commodities it can be a good hedge against rising cost.

It's also a good idea to have a portion your savings invested in something which isn't losing value. Gold rises in the face of a falling stock market.

Investing in gold has another advantage: you can sell it anytime you want. You can also liquidate your gold position at any time you need cash, just like stocks. You don't have to wait for retirement.

If you do decide to invest in gold, make sure to diversify your holdings. Do not put all your eggs in one basket.

Do not buy too much at one time. Start with a few ounces. Then add more as needed.

The goal is not to become rich quick. It's not to get rich quickly, but to accumulate enough wealth to no longer need Social Security benefits.

Although gold might not be the right investment for everyone it could make a great addition in any retirement plan.


  • If you take distributions before hitting 59.5, you'll owe a 10% penalty on the amount withdrawn. (lendedu.com)
  • You can only purchase gold bars at least 99.5% purity. (forbes.com)
  • Instead, the economy improved, stocks rebounded, and gold plunged, losing 28 percent of its value in 2013. (aarp.org)
  • Gold is considered a collectible, and profits from a sale are taxed at a maximum rate of 28 percent. (aarp.org)
  • If you accidentally make an improper transaction, the IRS will disallow it and count it as a withdrawal, so you would owe income tax on the item's value and, if you are younger than 59 ½, an additional 10% early withdrawal penalty. (forbes.com)

External Links




Recent Posts
Latest Featured Posts
Latest News Posts