Advertiser Disclosure
Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card companies and banks from which receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. does not include all banks, credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, Chase, U.S. Bank, and Barclaycard, among others.

JM Bullion Review – How This Precious Metal Dealer Stacks Up

Jm Bullion Logo

Our rating



  • thumbs-upTop-notch customer service
  • thumbs-upTransparent pricing with no commissions or hidden fees
  • thumbs-upIRA-eligible precious metals available


  • thumbs-downCustomer support is only available on weekdays
  • thumbs-downNegative reviews largely related to shipping
  • thumbs-downLimited foreign paper currency

JM Bullion is a bullion dealer that was founded in 2011 in Dallas, Texas. Since then, the company has grown to become a leading option for gold, silver, platinum, and palladium investors and collectors. 

The company is best known for its transparency, low pricing, quality metals, and IRA-eligible investment options, but how does it stack up against the competition?

How JM Bullion Stacks Up

JM Bullion and APMEX are two highly popular precious metals dealers. Check out the chart below to see how the two companies compare. 

No hidden fees or commissions. The company charges a small, transparent spread over the current spot price of the metal you purchase. No hidden fees or commissions. The company charges a spread over the current market price — typically a larger spread than JM Bullion. 
Free shipping on orders over $199; otherwise $7.99.Free shipping on orders over $199; otherwise $9.95. 
High quality precious metals, many of which meet IRA quality standards. High quality precious metals direct from the U.S. Mint. Many options meet IRA quality standards. 

Key Features of JM Bullion

JM Bullion quickly climbed the ranks to become a top choice among investors looking for gold and silver bars as well as collectors interested in that perfect gold coin. It did so by providing a long list of compelling features and fair pricing, and matching those qualities with a sense of urgency in shipping. 

Selection is one of the most important factors whether you’re an investor or a collector, and JM Bullion has plenty of options to choose from. It’s most popular offerings include:

  • Gold Bullion. There are thousands of gold bars and gold coins to choose from. The company even offers rare coins. Although these are often out of stock, you can set notifications to receive alerts when they become available. 
  • Silver Bullion. You can also browse through silver coins and silver bars, including the U.S. Silver Eagle, one of the most popular silver coins in history. Of course, there are plenty of other popular designs, like the Canadian Maple Leaf or the British Silver Britannias. 

Although gold and silver are JM Bullion’s bread and butter, they’re not the only precious metals you’ll find on the company’s website. The site also includes a long list of platinum products. However, only about 20 of these options were actually in stock when we reviewed the platform. 

You can also shop for palladium products, but we ran into the same out-of-stock issue, with only 10 products available in the category. It’s worth mentioning that palladium products only account for a small percentage of precious metals sales and are often difficult to find. There are also 153 copper products listed as well, about half of which were in stock at the time of this review. 

Finally, if you want to mix some paper money collectibles in with your precious metals investments, you’ll be happy to find that JM Bullion also has an “Other Legal Tender” section featuring over 100 collectible paper bills. 

Multiple Payment Methods

JM Bullion accepts a wide range of payment types, each with its own maximum purchase and potential discount. See the chart below for more details on the options you’re presented with at checkout. 

Payment MethodMinimum PurchaseMaximum PurchaseDiscount
Credit Card$0$50,0000%
Debit Card$0$50,0000%
Paper check$0$75,0004%
eCheck (ACH)$0$100,0004%
Bank wire transfer$1,000$250,0004%
Cryptocurrency (Bitcoin)$0$250,0003%

Hint: You can also save big when you checkout by making bulk purchases. The more you buy, the bigger your discount is — potentially saving you up to 5.91%. 

Fast, Insured Shipping

There was a time in my life when I didn’t enjoy buying anything online. Like many people, I enjoy the feeling of instant gratification when I spend my hard-earned money in person. Although times have changed and e-commerce is the new brick and mortar for just about everything, fast shipping is still pretty important to me — and likely to you too. 

All shipments from JM Bullion are insured and typically sent to you within one business day of your payment clearing. 

The company ships with USPS or UPS. It typically chooses which carrier to use by considering the cost of each based on your package size, weight, and destination. However, the company does offer upgraded shipping options with larger orders. 

Transparent Pricing

No matter what you’re buying, pricing transparency is crucial. That’s especially true when it comes to investment products like precious metals. After all, hidden fees can cut deeply into your overall profitability. 

Some bullion dealers charge commissions with each purchase on top of the spread they’ve already baked into the price of the precious metal. JM Bullion isn’t one of those dealers. 

When you go to a bullion offer page on the company’s website, JM Bullion clearly outlines the spot price for the precious metal and the amount you pay over spot. 

For example, you may come across a gold coin you’re interested in and find that the particular coin costs $29.99 over spot (above the current gold prices in the spot market). 

Moreover, most products have a buyback price. This means you know exactly how much money JM Bullion is willing to buy your precious metals back for in the current market conditions before you make your purchase. 

The company also hosts a number of sales. Save money by shopping on Mondays and keep your eyes peeled for limited-time flash sales to save even more. 

Precious Metals IRAs Available

Investors often use precious metals in the safe-haven allocation of their portfolios. That’s because when the stock market is trending down, the prices of gold and other metals tend to rise. 

Investments that act as safe stores of value are particularly important as a way for retirement investors to hedge against stock market volatility

However, there are specific quality and storage requirements for gold IRAs and other precious metals held in an IRA. JM Bullion isn’t just a gold dealer, it has several IRA-quality metals. These metals meet strict quality standards including:

  • Gold. IRA gold must be at least 99.5% pure. 
  • Silver. IRA silver must be at least 99.9% pure. 
  • Platinum and Palladium. IRA platinum and palladium must be at least 99.95% pure. 

Safe, Low-Cost Storage

As mentioned above, there are strict storage requirements for IRA precious metals investments. JM Bullion works with A-M Global Logistics (AMGL) to meet these storage requirements, but you don’t have to be an IRA customer to take advantage of the storage services. 

AMGL offers low-cost storage options. Your precious metals are stored in highly secure vaults and covered by all-risk insurance. You can rest assured knowing your value will be safe, even if something happens to your precious metals in the company’s vaults. 


JM Bullion almost always has items on sale. These are items you can buy with a minimal spread over spot. The company typically has at least one silver, one gold, and one platinum special running at any given time and the discounts can be steep. 

Is JM Bullion Legit?

JM Bullion has been successfully serving customers since its foundation in 2011. Since then, it has grown to become a popular, legitimate option for investing in precious metals — but don’t take our word for it. 

The company has an A+ rating with the Better Business Bureau (BBB), where it has earned a 4.65-out-of-5 average rating across nearly 1,000 customer reviews. You can also find similar results at TrustPilot, where the company has a 4.4-out-of-5 average rating across about 1,000 customer reviews. 

Customer reviews are important because if others have had a positive experience, chances are you will too. 

The company’s website is also highly secure. The website features SSL encryption to ensure that only you, the payment processor, and your bank have access to your financial information. JM Bullion doesn’t store or have access to any of your financial data. 

Advantages of JM Bullion

JM Bullion has climbed the ranks to become a leader in a highly competitive market. No company does that without offering solid advantages to the customers it serves. Some of the biggest perks to working with the company include:

  • Transparent and Competitive Spread. As with most precious metals dealers, you pay a small spread over the spot price when you buy from JM Bullion. The company is very transparent about the spread you pay. They list the spread on the bullion offers page for each product so you get a full understanding of the markup you pay. 
  • No Commissions or Other Fees. Some silver and gold dealers charge commissions and other fees on top of the spread, increasing your overall cost and diminishing your investment before it has a chance to grow. JM Bullion isn’t one of those dealers; it charges no commissions or hidden fees. 
  • IRA-Eligible Precious Metals. You can easily add precious metals to your IRA portfolio with JM Bullion. The company offers a wide variety of precious metals that meet the strict quality standards required to qualify as an IRA investment. 
  • Free Shipping on Qualifying Orders. If you order $199 or more from JM Bullion, you qualify for free shipping. If your order is less than $199, you’ll pay $7.99 for shipping. All shipments are insured and sent within one business day of your payment clearing the company’s bank. 
  • Five-Business-Day Return Policy. JM Bullion strives for 100% customer satisfaction and offers a five-day return policy. Items can be exchanged or returned within five business days of delivery but may be subject to a market loss-related restocking fee. 
  • Quality Customer Support. It’s important to invest with a company that offers a quality customer support team. JM Bullion is that company. Support is available by phone Monday through Friday from 8am to 6pm CST. You can also contact support via email or get common questions answered on the company’s FAQ page. 

Disadvantages of JM Bullion

JM Bullion is clearly a compelling option if you’re interested in investing in precious metals, but no company is perfect. There are a few imperfections with the company’s service.

  • Customer Support Only Available On Weekdays. Support hours are Monday through Friday from 8:00am to 6:00pm Central. Many other precious metals dealers have additional customer support hours on Saturdays.
  • High Minimum Spend for Free Shipping. You have to spend $199 to qualify for free shipping. That’s pretty standard for the industry, but new precious metals investors may be apprehensive about spending $200 in a single purchase.  
  • Shipping-Related Negative Reviews. The company doesn’t have many negative reviews online, but we did find a trend in the negative customer reviews we found. Most of them were related to shipping. For example, some customers were upset they weren’t required to sign to receive their packages. 
  • Limited Foreign Paper Currency. JM Bullion focuses primarily on precious metals, but does have some paper currency. Unfortunately, its paper currency offerings are mostly limited to U.S. legal tender. 

Final Word

If you’re interested in investing in precious metals or simply collecting unique, high-quality coins, bars, and other types of bullion, we highly recommend working with JM Bullion. We were especially impressed with the company’s customer service, pricing transparency, selection, and abundance of sales that can greatly reduce the cost of owning these safe-haven investments. 

As with any other investment, precious metal prices rise and fall, so it’s important to do your research and carefully consider how these investments will impact your overall portfolio performance before determining how much to invest in these assets. 

Jm Bullion Logo

Our rating



  • thumbs-upTop-notch customer service
  • thumbs-upTransparent pricing with no commissions or hidden fees
  • thumbs-upIRA-eligible precious metals available


  • thumbs-downCustomer support is only available on weekdays
  • thumbs-downNegative reviews largely related to shipping
  • thumbs-downLimited foreign paper currency
Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airline, or hotel chain, and has not been reviewed, approved, or otherwise endorsed by any of these entities. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airline, or hotel chain, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
Joshua Rodriguez has worked in the finance and investing industry for more than a decade. In 2012, he decided he was ready to break free from the 9 to 5 rat race. By 2013, he became his own boss and hasn’t looked back since. Today, Joshua enjoys sharing his experience and expertise with up and comers to help enrich the financial lives of the masses rather than fuel the ongoing economic divide. When he’s not writing, helping up and comers in the freelance industry, and making his own investments and wise financial decisions, Joshua enjoys spending time with his wife, son, daughter, and eight large breed dogs. See what Joshua is up to by following his Twitter or contact him through his website, CNA Finance.

IRA vs. 401(k) Differences - Which Retirement Plan Is Better?

When you’re planning for your retirement, understanding how 401(k)s and IRAs work is essential. Each has an important place in your retirement saving strategy, and using them to their full potential can help you build your retirement nest egg. Here’s what you need to know.

Read Now