What is BlueVault San Diego?
After getting permission from the California Department of Insurance, BlueVault San Diego opened for business in San Diego for the first time in 2012. As a way to reach more people, the business has been providing its services in Orange County since 2017.
The company has grown over the years to become one of the best over-the-counter sellers of gold and silver in Southern California. One big reason for this is that the company offers the best prices in the area for trading gold and silver coins and bars. The company also provides services like gold and silver IRAs, as well as safe vault and deposit box facilities.
All of these things make BlueVault’s list of services stronger, making it a one-stop shop for investors in rare metals. Of course, compared to other well-known investment partners, they don’t have as many products, but we’ll talk about that later in the piece.
People Behind BlueVault San Diego:
Jon Sandhaus is the President/CEO of this company. There isn’t much information available about the leadership and management of BlueVault San Diego on its website. However, it could be because they value their privacy and aren’t interested in being too public.
How to Open a Gold IRA with BlueVault San Diego:
Putting money into precious metals can be a good idea. You might want to move money from your IRA, 401K, or other savings accounts to a precious metals IRA.
BlueVault knows this, which is why they make sure that all of their customers can also open an IRA account with them.
The company works with Forge Trust, a reputable IRA custodian, to let its customers open a self-directed IRA account and store their precious metals that are qualified for an IRA.
Here are the steps of opening a gold or silver IRA with them:
- Get in touch with them. BlueVault has two offices. You’ll need to get in touch and consult on how to open an IRA. They will guide you through the process.
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- Once you have filed the necessary paperwork, you’ll need to fund the account. BlueVault gives you two choices here: you can either borrow money to fund your account or choose to roll over money from another savings account. To do the rollover, either you or the BlueVault IRA expert can get in touch with your current IRA custodian.
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- After putting money into the BlueVault IRA, it’s time to buy precious metals that are allowed by the IRS. You can consult with their team to decide which products you want to add to your gold IRA.
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- The last thing you need to do to invest in a rare metals IRA is to put the money in a safe, insured depository vault. Since BlueVault already has insured storage vaults.
BlueVault San Diego Products:
While their product selection is a bit limited, it offers ample variety. These are the gold and silver items that BlueVault’s website had at the time of this writing:
- 1 oz Gold or Silver Eagles
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- One-ounce gold or silver Krugerrands
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- 1 oz Gold or Silver Maple Leafs
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- Various Mints 1oz Gold and Silver
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- Gold 1 oz PAMP Veriscan
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- 1 oz of gold.9999 Bars
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- 1/2oz Gold from Different Mints
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- 1/4oz Gold from Different Mints
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- 5g of gold.9999 Bars
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- Rounds of 1 oz silver
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- Silver bars 10 oz.
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- 100-ounce bars of silver
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- 500-case sets Eagles 1oz
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- 500-case sets 1-ounce Krugerrands
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- 500-case sets 1 ounce Maples
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- 500-case sets Rounds of 1oz
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- 50-case sets 10-ounce bars
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- Five 100oz bars per case
Renting a safe deposit box
BlueVault is the biggest safe deposit box business in Southern California. They offer storage services. Notably, the business has a lot of clients, ranging from private people to government agencies.
The fact that BlueVault has a lot of satisfied customers and a good history of keeping their valuables safe makes their storage services more trustworthy. This is good, but what I liked most about keeping my things in BlueVault’s deposit box was how easy it was to get to them and how private they were.
I could sign up for their deposit box with just a picture ID and an address in the US. After I did that, I got a different lock and keys to get to my things. Plus, I can always go to their business in person and look at my goods in a private room, kind of like how banks have lockers.
In addition to being private and safe, BlueVault’s safe deposit boxes come in different sizes so you can pick the one that works best for you. Together with AXA, these safe deposit boxes come with $5,000 in insurance coverage, so you don’t have to worry if you lose something.
It’s okay if you need bigger storage units. You can count on BlueVault to help you out. Built in a 90-ton bunker of hardened steel and concrete, with nine layers of electronic security and Siemens monitoring the vaults around the clock, BlueVault has both small and big storage vaults that are completely safe. You don’t have to worry about the safety of your things when you pick the size of the locker that you want.
The fee for BlueVault San Diego
The company’s website says that the prices of their products change depending on where you buy them. But it’s important to note that BlueVault’s services don’t cost anything extra.
BlueVault San Diego Reviews and Ratings on Other Platforms:
Better Business Bureau (BBB):
On BBB, this company has received an A+ rating but a 1/5 stars rating based on 2 customer reviews. Their profile is BBB-accredited.
Yelp:
On Yelp, BlueVault San Diego has received a stellar rating of 4.4/5 star rating based on 48 customer reviews. Most of the reviews appreciate the company’s helpful team and customer service.
BlueVault Review: Conclusion
BlueVault is a legitimate company that sells valuable metals and is known for its work in California and Orange County. All of these things about BlueVault—their simple precious metals offering, their IRA services, their safe deposit vaults, and their thorough professional help—add to their trustworthiness.
They can be a decent choice for some investors.