SD Bullion Reviews: Scam or Legit in 2024?

Last Updated: December 8, 2023 by Mitt Wilson

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SD Bullion is a reliable precious metals dealer with an excellent online reputation. Their prices are competitive, and their customer service is top-notch.

The company is accredited by the Better Business Bureau and boasts an A+ rating. They also provide a low-price guarantee to help protect customers against costly market losses when buying gold and silver from them.

gold bullion sitting on a table

What is SD Bullion?

SD Bullion is an online gold and silver dealer that offers a wide range of products in coin and bar form. They're renowned for their competitive prices and superior customer service.

They offer an extensive selection of gold coins and bars, including popular American Gold Eagles and gold Buffaloes. Furthermore, they carry silver bullion products like gold rounds and coins from top mints around the world.

Established in 2012 by two doctors with a mission to restore financial stability for Americans, the company has since blossomed into one of the leading precious metal dealers online and is ranked #177 on Inc. magazine's list of fastest-growing businesses in America.

SD Bullion's impressive bullion depository can keep your valuable possessions safe from theft and the elements. New customers get three months free storage, with costs starting at just $9.99 per month depending on the monthly closing spot price of precious metals and total weight. You also have access to their free shipping offer as well. Plus, don't forget about their helpful app that helps manage your account!

free gold investing kit

SD Bullion Products and Services

SD Bullion offers a comprehensive selection of bullion products, such as gold coins and bars in various weights and grades from top mints around the world. Their most sought-after items include Gold American Eagles, Buffaloes, Canadian Gold Maples, US Gold, and Krugerrands. Furthermore, they carry silver coins in various weights and grades from leading mints around the world.

They provide a low-price guarantee, meaning if you find a price lower than theirs, they will match it. Furthermore, they have a monthly savings program which allows customers to invest in precious metals at discounted rates on an ongoing basis.

Another impressive feature is the company's storage depository service, fully insured by Lloyd's of London. This allows customers to store their gold in a secure environment 24/7 - an essential factor for sophisticated investors.

SD Bullion stocks an extensive selection of numismatic coins and collectibles, such as Mexican Silver Libertad coins, US silver coins, Royal Canadian coins and Australian Perth Mint coins.

How to Purchase Precious Metals

SD Bullion provides a broad selection of bullion products, such as gold, silver and platinum coins and bars. Investors can purchase tangible assets like American Eagles, Canadian Maples, Chinese Pandas and Mexican Libertads; plus international gold and silver coins ranging in size from one gram to ten ounces.

Payment options range from credit cards and e-checks to bank wires and cryptocurrency such as bitcoin. Some dealers also take these methods of payment.

Customers who place an order either online or by phone agree to SD Bullion's full terms and conditions, including our cancellation policy.

Cancellations must be requested via telephone during normal business hours. Each request is carefully assessed and only in exceptional circumstances will a cancellation be approved.

All cancelled buyback orders are subject to a 5% cancellation fee plus any market loss that SD Bullion may or may not incur by accepting the buyback order. These costs will be invoiced directly to the customer and must be settled within (10) business days.

Investing in precious metals such as gold, silver, platinum and other is an exciting and rewarding way to contribute to a growing market. However, it is essential that you understand the risks involved with investing in these metals and how to minimize them.

Ratings and Reviews

SD Bullion is a trusted and reliable precious metal dealer with over 1,000 five-star reviews from customers. This is due to their excellent customer service and wide selection of products available. Furthermore, they have low minimum buy amounts as well as international shipping capabilities - an added advantage.

In addition to their positive customer feedback, SD Bullion also enjoys an A+ rating from the Better Business Bureau. And at last check they boasted a 4.76 out of 5-star rating based on more than 640 reviews reported to the agency. They had just over 90 customer complaints at BBB that had been resolved over the last three years, and they are also BBB accredited.

They are a verified company with TrustPilot, where they have an "Excellent" rating. 2,152 reviewers have left feedback, giving them a solid 4.5 out of 5-star rating.

Is SD Bullion a Scam?

SD Bullion is an established precious metals dealer with an A+ rating from the Better Business Bureau and twice featured on Inc. magazine's 500 Fastest Growing Companies list.

However, some people believe SD Bullion to be a scam. There have been some complaints about customer service and other problems, so it's important to decide if this company is suitable for you before investing any funds.

That said, SD Bullion is a legit company, with a solid reputation via the BBB and other agencies, so we'd say it's safe to say they definitely are not a scam.

When investing in precious metals, you must be certain the company you're dealing with is reliable and trustworthy. That's why reading SD Bullion reviews before making your purchase is so important.

They offer an impressive selection of coins, bars and rounds from some of the top mints worldwide. Their prices are competitively priced, plus they accept Bitcoin - something many other precious metal dealers don't do.

Furthermore, they are a go-to choice for those seeking to purchase and sell precious metals online. They ship worldwide and guarantee their products to be authentic. Furthermore, they provide secure storage options for gold, silver or platinum investors. Customers can select their preferred delivery method while paying extra insurance on the package at checkout.

SD Bullion Pros and Cons

While we recommend doing your own due diligence and research when it comes to deciding if SD Bullion is the right precious metals company for you, here are list of potential pros and cons for you to consider: 

Pros
  • Wide range of products: SD Bullion offers a diverse range of precious metals, including gold, silver, platinum, and palladium in the form of coins, bars, rounds, and bullets.

  • Competitive pricing: The company's prices for precious metals are often competitive compared to other dealers in the market, which can save you money.

  • Fast shipping: SD Bullion offers fast shipping options, including free shipping on orders over a certain amount, which can help you receive your order quickly.

  • Good customer service: Many customers have reported positive experiences with SD Bullion's customer service team, who are responsive and helpful.

Cons
  • Limited payment options: SD Bullion only accepts payments via bank wire, cashier's check, money order, or personal check, which can be inconvenient for some customers who prefer other payment methods.

  • Lack of online reviews: While there are some positive customer reviews for SD Bullion, there are not as many reviews available online compared to some other precious metals dealers, which may make it difficult to get a sense of the company's overall reputation.

  • Limited storage options: SD Bullion does not offer a storage option for customers who prefer to keep their precious metals in a secure facility.
  • No IRA services: SD Bullion does not offer IRA services, which can be a disadvantage for customers who want to invest in precious metals through their retirement accounts. If you're looking for a precious metals IRA option, see our top 7 choices here.

Summary

SD Bullion is a reputable precious metals dealer, with a variety of investment options to consider. It's important to do your own research and read reviews from multiple sources before making any investment decisions. You can find more information about SD Bullion and other precious metals dealers on websites like the Better Business Bureau and Trustpilot.

Looking to invest in gold or silver? See why Goldco is our top pick:

Top Choice for Gold IRAs
goldco
9.8/10Our Score

Goldco has earned some of the highest marks across the industry for customer service and integrity, including an A+ Rating from the Better Business Bureau.

  • A+ Better Business Bureau Rating
  • AAA Rating via Business Consumer Alliance
  • Up to $10,000 in Free Silver with Qualifying Purchase
  • Easy 3-Step Process to Get Started

"The crew at GoldCo are professional and accommodating, extremely helpful and very easy to work with. My service rep, Tony Pino, was always available and willing to answer/explian any questions. Highly recommend them." -Mark G.

Mitt Wilson

About the author

Mitt Wilson has a background in journalism and has been writing about investing for more than two decades. In his free time he enjoys spending time with his wife, touring the United States, and golfing.

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