First National Bullion Review

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Are you interested in buying precious metals for investment purposes? Well, if you are, First National Bullion, is among the more popular and well-known precious metal dealers in the U.S.

This firm boasts of experienced experts and professionals in the sector of precious metals.

They also have an excellent website packed with useful materials and information to assist first-time and seasoned investors to gain a better understanding of the different types of metals.

Customers will also receive free newsletters that provide insights into the best metals to choose for investment.

Before we get started with this review:

With so many gold companies out there, how do you know which is the best to invest with?

At Exim Bank India we've spent years researching nearly every gold and precious metals company in the business and report to our readers on the very few that worth investing with.

Our goal is to give you the best information you need to make an informed decision.

That is why we created a list of the best gold investment companies from our extensive research, and you can use this list to help you make the best choice.

>> CLICK HERE to read our list of the Best Gold Investing Companies <<

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First National Bullion Background

fnb homepage

FNB (First National Bullion) is a company that specializes in precious metals founded in 2005. The headquarters for this company is located in San Diego, California.

The firm has described itself as one of the "boutique" dealers of precious metals with experienced professionals that are highly focused on assisting the public when it comes to making informed investment decisions.

FNB has helped countless customers to safeguard their wealth through selling and buying precious metals.  Since it opened its doors in 2005, First National Bullion has remained one of the leaders in the industry of precious metals.

The firm believes strongly in empowering and helping investors to make the best investment decisions. It has achieved this by providing relevant materials, trends, and information about the different precious metals.

This is made available through educational materials and newsletters on its official website.

Reasons to Choose First National Bullion

Since this company has been operating for nearly 2 decades, it has gained the trust and admiration of many investors. Here are some of the top reasons why many customers choose First National Bullion for their investments:

  • Knowledgeable and well-trained staff with over 10 years of combined experience in the sector of precious metals
  • Private-client investors can gain access to their investments or accounts at any time
  • FNB has transacted over $100 million cumulatively of platinum, palladium, silver, and gold
  • First National Bullion is regarded as one of the leaders in the industry of precious metals
  • Investors can borrow funds from FNB against their holdings in precious metals without having to liquidate
  • FNB has an A+ rating with the BBB (Better Business Bureau)
  • The company provides free insurance and shipping for the majority of the assets (precious metals) purchased from them

Services and Products

  • Buying Bullion

First National Bullion provides a selection of bullion and precious metals to its customers. When you sign up with FNB, you can purchase any of the precious metals that this company offers to add diversification to your portfolio.

You will have access to real-time prices before you decide to buy a precious metal through the website.

  • Selling Your Precious Metals

If you ever decide to sell your investments in precious metals, you can receive multiple offers from FNB. If you are not completely satisfied with the offer, they can also suggest other buyers.

  • Rare Numismatic Coins

In addition to precious metals, First National Bullion also has a range of numismatic rare coins to choose from. One of the benefits of numismatic coins is that they usually generate profits and can withstand inflation over long periods.

With the volatility of other investment firms such as real estate and the stock markets, numismatic coins are often seen as one of the best ways to safeguard your wealth.

  • Market Charts

In many cases, you may lose some of your hard-earned money to derive online real-time services when it comes to the price of gold and silver.

But with FNB, you can easily access the information on prices of all the different precious metals at any time of the day or night and for the last 30 days. This can make it easier for you to decide when it will be the best time to invest in the market of precious metals.

  • The Retirement Centre

Gold, silver, and a few other types of precious metals have the potential to play an important role when it comes to securing your wealth and your financial future. With First National Bullion, you will find out the right way to go about this.

Are you starting a new career or are you thinking about retiring soon? Are you interested in including silver or gold in your retirement portfolio? You have come to the right place.

First National Bullion has more than enough resources and information to assist you in accomplishing your goals. This precious metal dealer has experts to answer any questions you may have relating to gold IRAs.

  • Price Notifications

Not much could be worse than making the mistake of missing out when it comes to a significant move within the industry of precious metals. In most cases, it can be hard to know what is going on if there is no one to inform us.

But with First National Bullion you no longer need to worry about these things. When you become one of the registered members of First National Bullion, you will be sent email notifications when it comes to any movements in price.

All that is required from your side is to set up price alerts on the precious metal or metals you want to track.

How To Buy Silver and Gold with First National Bullion

First National Bullion offers different ways to purchase silver and gold. These include the following:

  • Physical Possession

You can take advantage of free shipping through First National Bullion when you order any platinum, palladium, or gold above 15 ounces. You can also benefit from free shipping if you order 300 ounces or more of silver.

Every shipment made comes with insurance, while the owner of the precious metals has to provide their signature to receive and complete the delivery.

Before your order is shipped through USPS or UPS, your order will be packed under a security camera to make sure that you receive what you have ordered. You can decide where you would like your package delivered.

This could include a Brinks depository, a bank, your business office, or your home.

  • Gold IRA Accounts

As we mentioned earlier, an investment in precious metals is a fantastic way to diversify your portfolio. Palladium, gold, and silver can be changed into something known as a self-directed IRA.

One of the largest benefits of investments in precious metal assets is that it can shield investors against many external factors such as political instability or inflation.

The process of set-up a self-direct IRA with precious metals is relatively easy. First National Bullion uses specialists that will help you through each step of the process to make sure you are making the correct decision.

Many retirement savings accounts are held in either a Roth or Traditional IRA which typically includes bonds, annuities, stocks, and mutual funds.

For a coin or bar to be purchased in a gold or precious metals IRA, each product is required to fulfill a specific fines requirement that the IRS has stipulated. This ensures that your investments can benefit from tax benefits that are offered by these IRAs.

Brinks Secured Storage

For certain people, the thought of having to accept delivery in the person of a precious metal asset can cause security concerns or stress. First National Bullion offers a managed and safe storage solution when it comes to your assets.

Brinks is one of the armored truck companies that work with FNB to provide storage accounts.

Benefits of a Precious Metals IRA

four gold coins

There are several advantages linked with silver or gold IRAs. Below are some of the popular benefits:

  • Portfolio Diversification

Gold and silver have been in use as a form of currency for hundreds of years across the globe. Many people have been using and will carry on using these types of precious metals as one of the most secure sources when it comes to storing wealth.

Today, investors are provided with the opportunity to add a selection of gold and silver to their precious metal IRAs. Regardless of whether you are experienced or a beginner, you can reap the benefits of diversifying your portfolio.

  • The Security of Holding Tangible Assets

IRA accounts were traditionally used for holding stocks, bonds, and a range of other paper-backed assets like US treasury bills.

But today, many investors and retirees can now take advantage of the security linked to IRA accounts that are backed by a physical form of gold and silver.

How To Setup a Precious Metals IRA

Would you like to start your journey into setting up your precious metals IRA? With a manager from First National Bullion, you will be guided through each step of the process.

It is a wise decision to secure your retirement savings for the future when you establish a Gold or Precious Metals IRA with a company like First National Bullion. The process is relatively simple that won't take very long:

  • Open Your Account

Once you have decided to safeguard your wealth through tangible silver and gold, contact First National Bullion to initiate your registration process.

Once your application is submitted, FNB will get to work right away on creating your silver or gold account on your behalf.

  • Fund The New Account

Your account manager from First National Bullion will work closely with your IRA custodian to help you roll over your current IRA or 401(K) into your gold or silver precious metal IRA account.

  • Choose Your Preferred Precious Metals Plan

Your FNB account manager will exchange the paper IRA assets that you own for physical silver and gold assets.

FAQs

Who is eligible for a precious metals IRA?  

Any person under the age of 70 (with a source of income) can open an IRA account that is backed by precious metals. However, FNB does have a few options for people over 70 years of age.

Will I be liable for a penalty if I rollover my current IRA into a precious metals IRA? 

You have every right to transfer funds from your current IRA into another IRA whenever you like as long as the money that is deposited into the new IRA account occurs within 2 months.

How will I receive my distributions?  

Customers are permitted to obtain physical distributions of silver and gold according to the types of metals they are storing in their retirement or investment accounts.

Bullion Appraisal Service

It is very rare for bullion of any kind to be 100% pure. This often has to do with the characteristics of some of the precious metals that are not ideal when it comes to long-lasting results.

For example, gold is a metal that is very soft when it is in its purest form. If gold coins and bars were 100% pure, they would not be able to hold that shape very well. They would also be susceptible to dings, dents, and scratches.

This is why it is highly recommended to have the bullion you would like to buy appraised to determine the true value of the metal. This is a good idea for:

  • Investing in adequate insurance coverage
  • Working out whether the offer is reasonable if you decide to sell your precious metals further down the line
  • Establishing whether the price is fair on what you have intended to purchase

When it comes to any of the aspects of selling, owning, or buying precious metals, and how to get the bullion appraised, contact the professionals at First National Bullion.

What Percentage of Your Portfolio Should Be in Precious Metals?

Most experts recommend somewhere between 5% and 10% of what you have set aside when it comes to your investments. With this in mind, there are other factors involved in what is ultimately suitable and comfortable for you.

Precious metals have the potential to effectively offset some of the real risks linked with other types of investments. For example, stocks and bonds are typically influenced by external factors a lot more than what is common with most precious metals.

In these cases, it is advisable to put aside larger shares of what you have saved into silver and gold, or any other traded metal that is worthwhile considering. This is typically true when you don't have a very balanced investment portfolio.

It is natural to feel uncertain if you have never invested in a precious metal before. If this applies to you, then you may want to start with a smaller percentage of the money you have saved for a physical precious metal investment.

As you start to gain more confidence and familiarity with the way these investments operate, you can then increase your investments in precious metals.

Decide on the percentage of your savings that you would like to set aside for precious metals assets by considering how you plan to buy them and what you would like to do with these assets.

It is important to know that you can always change things around with these types of investments. Here is a list of the more common options:

  • Keeping the precious metal so that the value increases as time goes by
  • Strategically selling and buying to add to what you have saved
  • Varying your choices in precious metals so you are not relying on only one metal
  • Investing indirectly and directly in different precious metals (for example, stocks and bullion linked to a mining company, gold bonds, gold, and silver ETFs, etc.)

Fees

First National Bullion displays its prices and charges on its official website. This encourages accountability and transparency. The prices typically rely on the quality and quantity of the metals you are interested in buying.

Customer Service

Investors can contact the friendly support team in the way of sending emails or calling the company directly. The contact information of the business can be found on their site.

You will also have access directly to your account executive when you have your account set up with them.

Is First National Bullion a Scam?

First National Bullion has been in operation for close to two decades and has serviced many satisfied customers, it is not a scam.

Pros and Cons

PROS

  • A wide selection of coins and precious metals
  • Free insurance and shipping
  • An A+ rating with the BBB
  • The opportunity to open gold IRAs

CONS

  • The company does have a minimum amount in place before you can invest with them

Conclusion

Overall, First National Bullion appears to be a well-known reputable precious metals dealer. The team of expert professionals has extensive experience in the sector of precious metals.

You can get a Free Gold Investors Guide from our top gold and precious metals company recommendation by clicking the link above or you can read our article of the top companies we reviewed this year:

Click Here for Our List of the Best Gold IRA Companies to Invest With

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