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Cornerstone Bullion, founded by Chad Roach and based in Colorado, is a trusted name in the precious metals industry. Specializing in the buying, selling, and storage of precious metals, as well as offering consulting services, Cornerstone Bullion ensures that investors can trade with confidence.
The company also provides Gold IRAs and trades gold and silver coins, catering to the diverse needs of its clients with expert knowledge and a commitment to excellence.
If you are wondering whether there’s a Cornerstone Bullion lawsuit, this guide will provide the information you need.
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What are Cornerstone Bullion Lawsuits
Cornerstone Bullion, specializing in precious metals and coins, offers services such as buying, selling, storing, and consulting.
If you’re considering trading precious metals, it’s essential to work with a knowledgeable company. As of now, there is no known lawsuit involving Cornerstone Bullion.
After conducting a thorough search, we can confirm that there is currently no known lawsuit against Cornerstone Bullion.
We used three websites specializing in tracking litigation and trials—Casetext, Govinfo, and Justia Dockets & Filings—and none yielded any results.
Additionally, a comprehensive search on Google and Bing found no evidence of any current or past lawsuits involving Cornerstone Bullion.
About Cornerstone Bullion
Cornerstone Bullion, founded by Chad Roach in 2008, is a dealer of precious metals, particularly gold and silver coins and bars. Based in Castle Rock, Colorado, according to their website and BBB profile, the company operates as a Gold IRA firm.
Their contact number is 800-558-4671, and their website is cornerstonebullion.com.Cornerstone Bullion focuses on investment-grade precious metals products for self-directed IRAs or portfolios.
The custodians for Cornerstone Bullion include The Kingdom Trust Company, The Entrust Group, New Direction IRA, and GoldStar Trust Company.
They offer vault storage options through Idaho Armored Vaults, the Delaware Depository, and Dakota Depository.
Their inventory includes gold, silver, palladium, and platinum coins and bars, such as the Gold American Eagle, Silver American Eagle, Gold Austrian Philharmonic, Canadian Platinum Maple Leaf, Gold Canadian Maple Leaf, and Platinum American Eagle.
Cornerstone Bullion Products & Services
Cornerstone Bullion offers an extensive inventory of gold, silver, platinum, and palladium coins and bars, many eligible for Precious Metals IRAs.
Their catalog also includes gold numismatics for collectors. However, pricing information is not available on the website; potential clients must call the toll-free number to inquire about prices.
Cornerstone Bullion IRA-Approved Gold
The company offers four types of IRA-approved gold coins:
- Gold American Eagle
- Gold Canadian Maple Leaf
- Gold Austrian Philharmonic
- American Buffalo
Several types of gold bars are also available:
- 1 Oz Credit Suisse Bar
- 1 Oz Elemetal Gold Bar
- 1 Oz Pamp Suisse Bar
- 1 Oz Perth Mint Bar
- 1 Oz Republic Metals Gold Bar
- 1 Oz Sunshine Mint Gold Bar
Cornerstone Bullion IRA-Approved Silver
The inventory includes three types of IRA-approved silver coins:
- Silver American Eagle
- Silver Canadian Maple Leaf
- Silver Austrian Philharmonic
Cornerstone Bullion IRA-Approved Palladium
One palladium coin is available:
- 1 Oz Canadian Palladium Eagle
Cornerstone Bullion IRA-Approved Platinum
The catalog features two types of platinum coins:
- 1 Oz American Platinum Eagle
- 1 Oz Platinum Maple Leaf
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Cornerstone Bullion Pricing
Several IRA custodians have partnered with Cornerstone Bullion, and the custodian you select will determine the pricing structure.
The Entrust Group
- Annual maintenance fee: $199
- Setup fee: $50
The Kingdom Trust Co
- Annual fee: $120
- No startup fee
GoldStar Trust Company
- Setup fee: $50
- Minimum annual maintenance fee: $75
- Annual storage fee: $100
The New Direction IRA
- Account maintenance fee: $150
- Setup fee: $30
Cornerstone Bullion Customer Reviews
Customer reviews for Cornerstone Bullion are scarce online, despite the company providing services since 2009.
Nonetheless, achieving an A+ rating from the Better Business Bureau is commendable. Additionally, they’ve received a AAA rating from the Business-Consumer Alliance, indicating high satisfaction levels.
On TrustLink, only three reviews were found, all giving the company a perfect score. Notably, there are no complaints against Cornerstone Bullion available online.
While the absence of complaints may seem reassuring, it also raises suspicions about the company’s online presence. Operating for nearly 12 years without any complaints is unusual.
Moreover, Cornerstone Bullion lacks profiles on major review platforms like Trustpilot, Sitejabber, and Reviews.io, which are known for their impartiality and strict policies against the removal of negative reviews.
Pros and Cons of Investing with Cornerstone Bullion
Navigating the precious metals industry requires careful consideration of the benefits and drawbacks associated with partnering with Cornerstone Bullion.
Pros
1. Expert Guidance: Seasoned professionals at Cornerstone Bullion offer personalized support, particularly in setting up Gold IRAs, showcasing a commitment to tailored investment benefits.
2. Product Diversity: A wide range of precious metals products, from gold coins to rare bars, ensures investors have ample options to diversify their portfolios.
3. Competitive Pricing: With a focus on competitive rates, Cornerstone Bullion aims to provide value within the precious metals market, enhancing the investment experience for clients.
4. Small Business Service: As a smaller entity, Cornerstone Bullion offers dedicated customer service and a more intimate investing experience, fostering strong client relationships.
Cons
1. Resource Limitations: Due to its smaller scale, Cornerstone Bullion may have fewer resources compared to larger multinational firms, potentially impacting the breadth of services available.
2. Geographical Focus: While excelling within the U.S. market, Cornerstone Bullion may pose accessibility challenges for international investors, limiting convenience for those outside of the United States.
Understanding these aspects offers a comprehensive view of the advantages and potential constraints of investing with Cornerstone Bullion, guiding investor strategies within the precious metals industry.
Final Verdict on Cornerstone Bullion Lawsuit
After thorough research and examination, it can be concluded that there is currently no known lawsuit involving Cornerstone Bullion.
Despite being in operation since 2008 and offering a range of services in the precious metals industry, there is no evidence of any legal disputes or litigation against the company.
Various sources, including legal databases and search engines, have been utilized to verify the absence of any lawsuits against Cornerstone Bullion.
Additionally, the company has maintained positive ratings and reviews from reputable organizations such as the Better Business Bureau and the Business-Consumer Alliance.
While concerns may arise regarding the company’s limited online presence and lack of customer reviews on major platforms, there is no indication of any legal issues or complaints against Cornerstone Bullion.
Therefore, based on the available information, it can be determined that there is currently no lawsuit involving Cornerstone Bullion.
Investors can proceed with confidence in considering the company’s products and services within the precious metals industry.