Gold Retired

What is Treasure Island Coins? – Reviews are Not Found?

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We have gone through all Treasure Island Coins reviews to be found online, at least the ones from the independent, third-party consumer protection agencies. Hopefully this make this review as helpful as possible to you. Let´s go!

Company: Treasure Island Coins & Precious MetalsWhat is treasure island coins

Website: treasureislandcoins.com

Owner: Christopher Olsson (CEO)

Who is it for: Precious Metals Investors

Overall rating: 3.5 out of 5 stars (3.5 / 5)

Important to mention before we continue with the review:

It´s  always strongly recommend that you do your own research online before you decide what company to do business with. There are so many reviews online with stories of people being ripped off and scammed. One common way companies get away with this is they disguise charges in so-called “hidden fees”.

So please make sure to always be aware and please, investigate and compare different alternatives before you make your choice when it comes to big investments.

——–> See our Top-5 List of Gold & Silver Companies HERE!

With that being said, let’s continue with the review!

What is Treasure Island Coins?

Treasure Island Coins, Inc. was founded in 1976 (according to BBB). The owner is Greg Olson and the President is Chris Olson. The company is based in Fargo. This company offers precious metals to their customers, mainly as a way to preserve the wealth of their clients. Their services are only for US clients.

Their full address is: 1429 42nd St S, Fargo, ND 58103-3320

How does Treasure Island Coins work?

They offer maninly two services to you, either you purchase any of their precious metals directly, or you invest in precious metals through an IRA. Simply put, you choose the metals you want from their online store, either IRA eligeble or for a direct purchase. Then, you move ahead with your order.

Payment alternatives:

  • CheckGold Retired
  • Bank Wire
  • ACH Transfer
  • Bitcoin
  • Credit Card

The products and services

  • Gold
  • Silver
  • Platinum
  • Palladium
  • Copper
  • IRA-eligible products and services

Gold & Silver IRA services?

Like many of it´s peers this precious metals dealers company offers Precious Metals IRA services for those who are interested.

They are partnered with the well-known IRA custodian named New Direction Trust Company, and the storage they offer is through Dakota Depository.

However, there is no info on the fees involved with opening a new IRA account with them on the website.

**See my #1 recommended Gold & Silver IRA solution on this page instead!

What about the fees?gold

As mentioned above, I did not manage to find any info at all about the fees involved in opening up a precious metals IRA with Treasure Island Coins.

I let this up to you to do your own research IF you are interested in moving forward with an application to become a customer of their company.

In my book, it´s not a good sign that there isn´t any info on fees openly on display for everyone to see on the website…

How is the support?support

You can contact Treasure Island Coins by phone (701-282-4747) Monday through Friday (9:00am – 5:30pm CST) or by email (sales@treasureislandcoins.com).

Something I always put a lot of weight on when it comes to the supports system of a particular company is if they got a live chat function on their website or not. Treasure Island Coins Precious Metals did not have this and that is a small minus as well (in my book).

They have some social media precence though in the form of a Facebook and Instagram account where I assume it´s possible to contact them as well, if you are using any of those two platforms…

Treasure Island Coins Reviewstreasure island coins reviews

As always in our reviews we provide you with the online reviews we find, mainly from the most well-known and trusted, independent thoird-party consumer protection agencies. We do this as it is normally the absolute best indication of how good of a service a particular company provides to their clients.

Below you can see the scores and ratings:

BBB (Better Business Bureau)Gold Retired

Overall rating: A – (from 8 reviews) click here for details (opens in new window)

Trustpilot

Overall rating: N/A

Yelp

Overall rating: N/A

Birdeye

Overall rating: 3.7 out of 5 stars (3.7 / 5) (from 93 reviews) click here for details (opens in new window)

BCA (Business Consumer Alliance)

Overall rating: N/A

Trustlink

Overall rating: N/A

Conclusion from this:

Well, as you clearly can see there aren´t that many reviews to be found, the only place we found reviews were on the Birdeye website. Nothing from Trustpilot, and not even a single review from the BBB website, where they have scored an A+ rating… Not sure how that works from zero reviews though? They are however NOT an accreddited business by the BBB.

All in all, their online precence when it comes to reviews are not that great which I find a bit weird for a company that has been in business since the seventies.

Is Treasure Island Coins a Scam?Gold Retired

So, is Treasure Island Coins Precious Metals a scam? No, I don´t think it´s a scam, I think it´s a legit business. It got a real physical address and a real physical owners.

Also, it has been in business since 1976, and it would not have been able to survive that long if it was a scam, right?

However, if it´s the best one out there is a whole other story.

The reviews to be found online (see above) are not many… Their BBB score is A plus, however, they are not an accreddited business. Something that most of the top gold investing companies are, they also got hundreds and in some cases thousands of positive reviews from the main online watchdog sites.

Are there better alternatives out there?

YES! There are over a handfull of firms I would consider better alternatives, all of them are listed here on this site, but the absolute best one I can recommend (especially for IRAs) is: Augusta Precious Metals.

Discover More about Augusta Precious Metals instead!

Pros and Cons 

The goodPros

  • Shippments are fully insured
  • Offers precious metrals IRA services
  • Offers many different precious metals (even copper)
  • Experienced business (founded in 1976)

The badDrawback

  • No info on fees on their website
  • No live-chat
  • Not many reviews from the most well-known consumer protection agencies

Final words and verdict

Verdict: Below average

Overall rating: 3.5 out of 5 stars (3.5 / 5)

Treasure Island Coins has been around for a long time and that is almost always a plus, at least in my book.

However, there are not much info to be found on their website, at least not about fees and that is a minus (in my book).

They had some good reviews to be found online, however, none of them were from the most well-known consumer protection agencies and I find that a bit strange. If you got a good answer to why then please tell us in the comment section below!

As always, the decision is up to you to make, our job is only to help you to make that job easier for you by presenting what we find about a particular company. Please just ALWAYS remember to compare different alternatives and do your own research always.

What company do we recommend?Gold Retired

You are a smart person, you have shown that by reading this far, meaning you are doing your own research. So, I am absolutely sure that you will find the right company to do business with. There are a ton of firms out there that deals with precious metals, however, keep in mind that many of them aren´t that great… to say the least.

The absolute best one I can recommend is one that offer you FREE fees for yup to 10 years, plus they got a unique one-on-one webinar they offer their potential clients and that is something no other company in this industry does, at least not what we know of, and we have reviewed over 160+ gold dealers in the US.

Our #1 Recommendation Got THOUSANDS of Positive Reviews from Their Customers

If you are looking for a Pure Quality & Transparent Company, Then See For Yourself Through The Link Below Exactly Why Augusta is Our #1 Recommended Gold Investing Company:

Discover the #1 Recommended Gold & Silver IRA Company here!

and/or

See Top-5 List of Gold & Silver Investing Companies in The US

I hope you found this short review on Treasure Island Coins to be helpful and that you now have a better understanding on what it is and if it´s for you. We showed you the few reviews to be found on them, or at least we linked to them. If you have done business with them, and/or used any of their services then please share your experience in the comment section below as it can help others! Also, if you got any questions about this then we would love to answer them below as well!

I wish you success!

Pete,

Writer, investor, and team member of Gold Retired.

St Joseph Partners Review – No Info on Their IRA Service?

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If you are looking for a reliable company to invest in precious metals, St Josephs Partners might be the place. What is St Joseph Partners? The company serves individual investors and institutions focused on physical gold, silver, and precious metals. Let us have a closer look at the company!

Company: St Joseph Partners

Website: https://stjosephpartners.com

Who is it for: precious metal investors, retirees

Overall rating: [usr 4]

What is St Joseph Partners Co?

St. Joseph Partners is a reputable firm in the precious metal industry that enables investors and institutions to acquire physical gold, silver, and other varieties of precious metals on time for investment.st joseph partners review

The company stands out for its culture deeply rooted in Christianity, as evidenced by its name, which references the Biblical story of Joseph.

St. Joseph Partners offers services that help investors diversify their portfolios to prevent the loss of wealth. This is more so paper assets that arise from unusual shake-ups in the global economy. 

To avoid becoming a statistic like many who’ve lost their wealth, you can include a portion of precious metals in your portfolio, and this is where St. Joseph Partners comes in to help you.

How Does St Joseph Partners Work?

To get started with St. Joseph Partners, individuals and institutions can access the company’s official website and use the eCommerce platform to purchase precious metals. 

Navigate to the “Shop” menu, and search for the desired metals to make your purchase. The eCommerce platform is user-friendly and easy to navigate, similar to other platforms you may have used.

To receive personalized services for the other services offered by this company, the best approach is to contact the customer support staff through the options provided later in the review. Getting customer support staff maximizes the chances of receiving personalized services.

Features of St Joseph Partners 

St. Joseph Partners offers convenience by enabling customers to access certain services easily and eliminates the need for customers to struggle to figure things out independently.

Retirement Plan Asset Researcher 

St Joseph Partners researches the most appropriate assets for investors’ portfolios so that they can have outstanding benefits in comparison to those offered by traditional investments.

Gold Silver Storage Services

St. Joseph Partners offers precious metal storage services for customers. They provide insured vaults for storing gold and silver domestically and internationally. Customers can turn to this company to keep their precious metals safekeeping.

Financial Advisory Services

For quite some time, this company has been helping investors stay clear of the devaluation of their assets resulting from significant events worldwide by offering unique financial advisory services.

Payment Services 

When purchasing precious metals, using cash instead of a credit card or PayPal can result in significant savings. For example, money over these other payment methods can save as much as $75 on a single product.

 On their e-commerce platform, you can check the price of gold, silver, platinum, or palladium coins or bars to sell to the company. Keep in mind that the price for selling your products may be lower than the purchase price.

But this difference allows the company to make a profit and remain operational. Before finalizing your purchase, compare prices to ensure you receive the highest amount possible for your precious metal bars and coins.

Trading Gold Services

St Joseph Partners claims to offer fair prices for gold in various forms, such as jewelry or scrap gold. It is meant to persuade potential customers to sell their gold to the company. However, it’s essential to remember that the fairest price may vary, and it’s always best to check with multiple gold buyers before deciding.

Precious Metals IRAs?

Yes St Joseph Partners offer IRA services. On their website there is no info on what custodian (or custodians) they work with though and also no info at all about what their fee structure is like. The only info found on their gold IRA services were basically this (in exact words):

We are happy to assist you in securing precious metals for your retirement account and will guide you through each step of the process from the initial coordination with an administrator to the final tracking of delivery into an approved depository for safekeeping.

Important: Please make sure that you ALWAYS know exactly what fees you are going to have to pay before you move ahead and sign anything. This is where most of the gold IRA frauds take place and can end up being a very costly story. Transparency is what you want from a company.

¨¨See our Top-3 Gold & Silver IRA Solutions (100% transparent, one even pay your fees for up to 10 years)

Frequently Asked Questions(FAQ)

What are St Joseph Partners’ minimum purchase requirements?

The company does not have any evidence of minimum purchase requirements, but you can contact their support staff to confirm if they have implemented such a policy at the time of your purchase.

Does St Joseph Partners purchase precious metals from private sellers?

St Joseph Partners conducts business by selling precious metals and purchasing genuine products from individual sellers.

Is St Joseph Partners Legit?

St Joseph Partners conducts genuine business that benefits both its owners and customers, according to information available on the internet. The company’s gold specialist, Andrew Mason, has an active LinkedIn profile and has been with the company since 2009. 

However, the company is not BBB accredited. It has an A+ rating representing the BBB evaluation of the company’s likely interaction with its customers based on information obtained, including complaints from the public. 

Generally, company ratings are not applicable.

Pros and Cons of St Joseph Partners

ProsPros

  • It offers precious metal IRA services.
  • Buy products from individual sellers. 
  • There are no minimum purchase requirements. 
  • The company also provides a religious course, which may be necessary for Christians and those who support the well-being of troops, police, and firefighters. 

ConsDrawback

  • St. Joseph Partners has a relatively small precious metal collection compared to other industry leaders.
  • Not much info on their IRA services, fees, custodian, etc

Alternatives to St Joseph Partners

Gold RetiredIf you are unsure about the services St Joseph facilitates, you can contact their support staff or visit them in Pennsylvania. Alternatively, you can (and should ALWAYS) check out other companies as well and compare before you make any decision. We have reviewed 120+ companies that also deal in trading Gold and have excellent IRA investment options too. A good place to start your research might be by looking at the five best rated companies:

==> See our Top-5 List Gold Investment Companies (in the US)

Conclusion 

St Joseph Partners offers a valuable course dedicated to helping customers protect their investments from market forces that may cause a significant loss in the value of their assets. Despite not having the highest profits in the industry, the company’s revenue streams demonstrate its operational status and a significant number of satisfied customers.

I hope you found this short review of St Joseph Partners to be helpful and that you now have a better understanding on what it is. If you have used any of their services then please share your experience in the comment section below as it can help others!

I wish you success!

Glanz, investor and team member on goldretired.com

What is Houston Precious Metals? – No Reviews to Be Found??

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Precious metals companies have often raised eyebrows concerning whether or not they are legit. One such company is Houston Precious Metals. What is Houston Precious Metals? Is this company legit or a scam? Let´s have a look! 

Company: Houston Precious Metals

Website: houstonpreciousmetals.com

Owner: No info found on the website?

Founded: 1978 (according to their website)

Who is it for: Precious metals investors

P.S.Gold Retired

We have reviewed over 160+ precious metals companies on this website:

==> See our Top-5 List of Gold Investment Companies (USA edition)

What is Houston Precious Metals?

Houston Precious Metals is a company that buys and sells precious metals, including gold, silver, and platinum. The company is based in Houston, Texas, and serves customers in the United States and worldwide. what is houston precious metals

Since 1978, Houston Precious Metals has specialized in recycling precious metal scrap, including old jewelry and sterling silver tableware. According to their site, as a locally owned and operated company with 38 years of experience, they place a high value on fine quality items such as antique jewelry, large diamonds, modern and antique watches, and sterling silver and offer especially high prices for these items.

HPM Products and Services

The company also specializes in buying and selling gold, including gold jewelry, coins, and bars. They offer great prices for old and new gold, as well as buy all types of gold coins, such as 

  • 1 oz Silver Rounds, 
  • US Gold Eagles, 
  • Canadian Mapleleafs, 
  • South African Krugerrands,
  • Mexican pesos. 

Additionally, Houston Precious metals buy and sell all gold bars, including Credit Swiss, English Sovereigns, Swiss and French 20 Franks. Do you have any unwanted gold that you would like to sell? Bring it to Houston Precious Metals, and we will be happy to make you an offer.

The company also has a well-stocked inventory of silver for sale, including 

  • 1 oz silver rounds, 
  • 1 oz US Silver Eagles, 
  • 10 oz silver bars, 
  • 100 oz silver bars, 
  • US 90% silver coins and dollars, such as dimes, quarters, halves, Peace dollars, 1921 Morgan dollars, and 1878-1904 Morgan dollars. You can call them for a quote. 

They also offer various services related to these metals, watches, including refining, storage, and transportation, and diamonds. Other services may include Appraisals and consultants to help customers determine the value of their precious metal items. 

Is the Houston Precious Metals a Scam or Legit?

I would say that Houston Precious Metals is a legit business, it´s been conducting business since 1978 and it they wouldn´t have survived that long if it was a scam, right? However, I understand that it is difficult to recommend whether the company is legit or not. This is because it is poorly rated across the board. We (almost) didn´t find any reviews or ratings on them from the most well-known and trusted consumer protection agencies: 

Houston Precious Metals reviews:

BBB (Better Business Bureau)Gold Retired

Overall rating: N/A

Trustpilot

Overall rating: N/A

BCA (Business Consumer Alliance)

Overall rating: N/A

Trustlink

Overall rating: N/A

YelpGold Retired

Overall rating: 4.5 out of 5 stars (4.5 / 5) (from 3 reviews) click here for details (opens in new window)

The conclusions from the above ratings:

As you clearly can see, there are no ratings nor reviews on both BBB or TrustPilot and those are the most well-known and trusted, independent third-party consu,mer protection agencies in the industry. However, even if I would prefer to find something there it don´t have to mean anything bad, could have many explanations to why there is nothing to be found. The only reviews we found was on the Yelp website, that is also a well trusted internet watchdog site.

Final Thoughs

Verdict: Legit!

Overall rating: 3 out of 5 stars (3 / 5)

Yes, this company is legit, am pretty sure about that, especially since it was founded 1978 (if that is correct). However, we can not be able to recommend Houston precious metals for investment. The company has too few reviews and ratings. However, if you feel that you would want to invest in the company, you have to do your due diligence. Not sure how that would work though as there is so little to be found on them. 

Recommendation:

There are hundreds of gold investing companies out there, and we have listed A LOT of them on this website. The absolute best rated ones we have collected on a top-5 list, you might want to have a look on those:

Gold Retired

See our Top-5 List of Gold & Silver Investing Companies (in the US)

I hope you found this short review of Houston Precious Metals to be helpful and that you now have a better understanding on what it is and if it is something for you or not. If you have used any of their services then please share it in the comment section below as it can help others!

I wish you success!

Glanz, investor and team member on goldretired.com

is United States Precious Metals a Scam? – No Reviews?

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It´s not uncommon for people to question the legitimacy of companies, particularly those that deal with financial investments such as precious metals, of which USPM is one. Is United States Precious Metals a scam? Let´s see in this review!

Company: US Precious Metals  (USPM)united states precious metals logo

Website: uspreciousmetals.com

Owner: Nathan Camp

Who is it for: Precious metals investors, retirees

Location: 4220 Treadway Rd, Beaumont, TX 77706-7105

P.S.

See our Top-5 List of The Best Gold Investing Companies (USA edition)

What is United States Precious Metals?

US Precious Metals is a company that offers a range of precious metal products to investors. The team at US Precious Metals consists of numismatic enthusiasts and other precious metal investors, which sets them in the same category as many of its competitors. According to the company, their aim is to provide investors with an exceptional purchasing experience and top-quality precious metal products.is united states precious metals a scam

It believes in integrity, expertise, and convenience and strives to ensure that investors receive exactly what was described. It also has an internal quality control team that ensures investors receive the right coin at the promised grade and reasonable price. US Precious Metals also prioritizes expertise and only hires individuals who thoroughly understand the market.

US Precious Metals Account Benefit

When you order from the USPM store for the first time, they automatically create an account for you. US Precious Metals offers several benefits for having an online account, including the convenience of saving your contact and shipping information for future orders and the ability to easily change your account information, such as your username, password, address, telephone number, and delivery preferences, as needed. 

They also protect your finances by not storing your credit card information and taking impactful steps to avoid data breaches. As a bonus, creating an account with USPM also allows you to subscribe to their newsletters, which keep you informed on new products and special deals as they become available. Having an account with USPM can add value to your investment journey.

US Precious Metals Products

USPM offers a wide range of precious metal products suitable for first-time investors and those with experience. This company’s diverse inventory can help you add value to your portfolio.

Gold. USPM offers a range of gold products, which can be accessed by visiting their website. These include US Mint Gold (Modern), US Mint Gold (Pre-1933), Gold From Around the World, Gold Bars & Rounds, and IRA Eligible Gold.

Silver. USPM also offers a range of silver products for your portfolio, including US Mint Silver (Modern), US Mint Silver (Pre-1964), Silver From Around the World, Silver Bars & Rounds, and IRA Eligible Silver.

Palladium. The company offers several palladium products on its website, including US Mint Palladium, Palladium Around the World, Palladium Bar & Rounds, and IRA Eligible Palladium. 

They also have a convenient category feature that helps investors easily find the type of precious metal they are interested in. 

Additionally, by highlighting IRA Eligible products, USPM makes it easier for investors to distinguish between high-value collectibles and precious metals that can be transferred to a gold IRA.

Platinum. Platinum products are categorized: as US Mint Platinum, Platinum From Around the World, Platinum Bar & Rounds, and IRA Eligible Platinum.

IRAs?

Even if they offer IRA approved metals to their clients, it seems like that´s it. There is no info on the US Precious Metals company website about them helping clients with any IRA services. So, we are going to have to assume that they do not provide any precious metals IRA services, right?

¨¨See our #1 Recommended Gold & Silver IRA Solution

US Precious Metals Feesgold 

US Precious Metals display the market value of their precious metals in real-time. This allows investors to ensure they are paying for what the metals are worth. 

They also provide an easy-to-view chart on their website showing current prices. However, it is unclear if any additional fees are associated with US Precious Metals. To obtain more information on fees, you will need to speak with one of their representatives.

USPM Return Exchange Policy

You can return or exchange any unused item within ten days from the purchase date by including a copy of your receipt and the product in its original packaging. 

If the coin has been removed from its original holders, there will be no return privileges. US Precious Metals offers a standard return and exchange policy and is generous in this area. It also provides investors with the comfort they need to get started. This policy applies even though the company is 

Is United States Precious Metals a Scam?

So, is USPM a scam? No, of course not, it is a legit business with real owners and a real physical address.

If you are a first-time investor working with United States Precious Metals, you may feel hesitant. This is because there are not many reviews available online.

Below are the ones we were able to find from the most well-known and trusted, independent third-party consumer protection agencies.

United States Precrious Metals Reviews:

BBB (Better Business Bureau)Gold Retired

Overall rating: A+ (from 1 review) click here for details (opens in new window)

Trustpilot

Overall rating: 3.8 out of 5 stars (3.8 / 5) (from 2 reviews) click here for details (opens in new window)

BCA (Business Consumer Alliance)

Overall rating: N/A

Trustlink

Overall rating: N/A

YelpGold Retired

Overall rating: N/A

Conclusion from these ratings:

Well, as you clearly can see above there isn´t that many reviews to be found on this company. The United States Precious Metals company is not a scam at least, as it holds an A+ BBB Rating and accreditation. It also has a 3.8 out of 5-star rating on TrustPilot, which is represented by 2 views. 

Important to mention here: There are gold companies with hundreds, and some with even thousands of reviews from ALL of the “internet watchdog sites” above. You might want to have at least a look at them as well:

Top-5 List of the best rated ones (in the US) instead?

Pros and Cons of USPM 

The goodPros

  • USPM offers 24/7 support for its customers, making it easy for investors to get quick answers to their questions. 
  • The company offers a wide selection of precious metal options, including gold, silver, platinum, and palladium. These products are further divided into specific categories to make it easier for investors to find the right product for their needs. 
  • USPM also offers IRA-approved metals for investors looking to add precious metals to their IRA accounts. 
  • The company’s team of investors is passionate about precious metals and can provide valuable insights to its customers. USPM is transparent about its product prices, displaying them in real-time on its website. 
  • The company also has a generous return policy, allowing investors to return their purchases within ten days as long as the item is in its original packaging and the customer has a receipt. 

The badDrawback

  • US Precious Metals seem to be a solid company, but its lack of reviews can make it challenging for investors to determine their flaws.
  • They don´t seem to offer IRA services and/or be able to help with that

Are ther better alternatives?Gold Retired

Yes, in my opinion there absolutely is! I have listed many (if not all) of them on this website so please feel free to use the search function, if there is a particular one you are interested in.

¨¨The best companies I can recommend (for ANY budget) would be: on this top-3 list (+ buying guide)

Frequently Asked Questions (FAQ)

What products do US Precious Metal Offer?

The company offers a wide selection of precious metal options, including gold, silver, platinum, and palladium. 

Does US Precious Metals have an office?

They are 100% online. This means that everything must be handled through their online platform. 

Final words & Verdict

Verdict: Legit

Overall rating: 3.5 out of 5 stars (3.5 / 5) 

Ok, I think that sums it up pretty good about this company. The United States Precious Metals is a legitimate company offering precious metals to its investors. However, if it is your best alternative out there is another story and we would strongly recommend that you contact and compare against other companies as well. Thje reason we only give a 3,5 rating is due to the very few reviews to be found on them from the most well-known (independent third-party) consumer protection agencies.

As always, it´s up to you how and where you invest your money!

Recommendation!

Gold Retired

See our Top-5 List of the best gold investing companies (in the US)

I hope you found this short review on United States Precious Metals to be helpful and that you now have a better understaning on what it is and if it is a scam or legit. We think it´s legit, however, the low amount of reviews to be found on them is what lead to the low rating (in our opinion). If you have invested in precious metals through them then please share your experience in the comment section below as it can help others!

I wish you success!

Glanz, investor and team member at goldretired.com

Pacific Precious Metals Review – Do They Really Match Up?

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It’s nice to have a gold dealer and IRA company with a physical office you can walk into, especially with many companies focusing on online retail services. In this Pacific Precious Metals review, we’ll take you through the impressive inventory of precious metals highly regarded in the bullion market.

Company: Pacific Precious MetalsPacific Precious Metals logo

Website: pacificpreciousmetals.com

Owner: Dan Barrett (CEO)

Price: Depends on your investment

Who is it for: Gold investors, Retirees, etc

Overall rating: 4 out of 5 stars (4 / 5) (average)

P.S.Gold Retired

See Top-5 list of the Best Gold Investment Companies (USA)

What is Pacific Precious Metals? (Overview)

Pacific Precious Metals is a company that offers a variety of services, including bullion sales, gold jewelry sales, and precious metals IRA management. Pacific Precious Metals Review

They also provide assaying services and are known for being reputable buyers of precious metals in both bullion and jewelry. The company was founded in 2011 and has over a decade of experience in the precious metals industry.

Daniel Barrett, co-founder, and owner of Plutus Software, runs Pacific Precious Metals. The website does not mention the founders, but our research has revealed that Daniel Barrett is the company’s co-founder. 

The Pacific Precious Metals Products 

Pacific Precious Metals offers a variety of products, including gold and silver IRA options and general acquisition of precious metals. They specialize in providing customers with the opportunity to acquire and invest in various precious metal options.

The Gold Bullion

The company has 632 gold coin products, including all IRA-eligible coins, many antiques, and more. Their gold bullion category is too expensive to list individually. However, customers have reported that buying coins from this company is almost addictive. 

Furthermore, The company has a total of 214 gold bar products from 10 different mints in various denominations, including popular private and sovereign ones, as well as some lesser-known but highly sought-after options. 

In addition, they offer 18 different gold rounds from various top private mints in different denominations. This is potentially the most impressive inventory of gold products from any single company.

The Silver Bullion

Pacific Precious Metals offers a wide selection of silver bullion coins, including options from top sovereign mints. They have 335 products in the Australian category alone, totaling 587 individually listed silver coins. Prices for all products are listed and transparent.

Furthermore, Over 10 mints have produced silver bars, resulting in a total inventory of 136 products, although some from a few mints are currently unavailable. In addition, 18 different silver rounds are currently available for selection.

Being a reputable and well-known company, Pacific precious metals specialize in assaying to help protect against being swindled when selling precious metal items, especially jewelry. Smaller stores may downplay the item’s value to get a better deal.

Gold & Silver IRA Process?

Yes, Pacific Precious Metals do offer IRAs to their clients. Their process is very similar to the process of other companies when it comes to IRA services:

  • The custodian will open the IRA and help you fund it through rollovers and transfers. 
  • You can then buy and store eligible gold and silver in your newly created IRA. 
  • There is no minimum investment required. However, the custodian will charge an annual fee of $800 to $1,100 to manage your gold or silver IRA. 
  • The bullion will be stored at your chosen facility, which may be limited to Brinks for IRA accounts.

Pacific Precious Metals Custody and Feesgold

Pacific Precious Metals charges custody and storage fees ranging from $800 to $1,110. This is higher than what most custodians charge, typically around $180 per year for management and $100 to $150 for storage through a depository. No fees for the depository are listed. 

The company recommends My Solo 401k Financial, a lesser-known custodian located in Southern California, as an option for custodians. 

Other than that you can choose some more well-known options as well:

  • New Direction IRA
  • Entrust Group
  • Goldstar Trust Company

As such, Pacific Precious metals offer their depository services domestically through Brink’s and internationally through an unnamed company in New Zealand, which they state is more expensive.

They offer storage services to both IRA and non-IRA customers, as well as those with valuables other than bullion.

Gold RetiredP.S. It´s good to see that they are transparent and upfront with their fees as that isn´t always the case with other companies in this industry. However, the fees are a bit high compared to most top-rated alternatives so you might want to compare to the fee deal you get from others.

¨¨See top-5 List of the Best gold IRA Companies

Is Pacific Precious Metals a Scam?

So, is Pacific Precious Metals a scam? No, of course not, it´s a legit business with real physical owners and a real physical address. It has also been in business for 12 years and it would (most likely) not have survived that long if it wasn´t a legit one, right?

However, if it´s your best alternative out there is a whole other story, and that leads us to the online reviews to be found:

Pacific Precious Metals Reviews & Ratings

We always focus on the ratings from real customers to be found on a particular company when we do our reviews. The places that we put weight on is the most well-known and trusted independent third-party consumer protection agencies. Below is the reviews and ratings that we found on Pacific Precious Metals:

BBB (Better Business Bureau)Gold Retired

Overall rating: A+ (from 0 reviews) click here for details (opens in new window)

Trustpilot

Overall rating: N/A

BCA (Business Consumer Alliance)

Overall rating: N/A

YelpGold Retired

Overall rating: N/A

Trustlink

Overall rating: N/A

Birdeye

Overall rating: 4.7 out of 5 stars (4.7 / 5) (from 30 reviews) click here for details (opens in new window)

The conclusion from these ratings:

The Better Business Bureau has given Pacific Precious Metals the highest rating of A+ and has accredited the company. In the last three years, Pacific Precious Metals has had one complaint that has been closed. There are no reviews on the Better Business Bureau’s website though, so not sure what they base their score on? 

On Yelp, Pacific Precious Metals apparently had a 5-star rating based on 44 reviews, however, at the moment there is nothing to be found on Yelp about the company… What´s going on?

Pacific Precious Metals has no ratings or reviews to be found on the Trustpilot site. Neither on Trustlink or BCA…

The only place currently with reviews on Pacific Precious Metals is Birdeye. The company has a 4.7 rating on Birdeye, based on 30 reviews. Of these, 27 are 5-star, 2 are 1-star, and one has no rating. The 1-star reviews do not provide any details.

In short, the company is not present on several notable consumer watchdog websites. 

Are there better alternatives?Gold Retired

Yes I would say that there are better alternatives, we have listed all of the top rated gold investing companies on this site so you will find them all here. The company you choose in the end might depend on your personal preferences, but you will find something for all budgets on our buying guide page.

Pros & Cons

The goodPros

  • The company offers an extensive selection of gold and silver products.
  • It has multiple offices throughout the San Francisco Bay Area. 
  • They provide excellent service for assaying, including for items such as dental gold and other precious metal scraps.

The badDrawback

  • The company does not offer platinum coins, bars, or palladium products. 
  • They also do not provide free shipping.
  • They don’t prioritize customer service for IRA business customers like some specialized companies do.

Frequently Asked Questions (FAQ)

Does Pacific Precious Metals offer free shipping?

Pacific precious Metals does not offer free shipping. You will have to pay a fee for shipping your products.

What payment methods does Pacific Precious Metals offer?

You can use a credit or debit card to purchase gold and other Pacific precious metals products. Bank transfer is also over. 

What products does Pacific Precious Metals offer?

Pacific Precious Metals offers a variety of products and services, including bullion sales, gold jewelry sales, and precious metals IRA management.

Final words & verdict:

Verdict: Legit!

Overall rating: 4 out of 5 stars (4 / 5)

Ok I thing that sums up the overall view of this company pretty good, this is a legit business for sure. However, there isn´t many reviews and ratings to be found online. The most well-known and trusted consumer protection agencies haven´t covered Pacific much, and that is a minus (at least in my book). Thjeir fees are quite high as well, however, they seem to be very transparent with them and that is always a plus, eventhough they might be high they are at least honest with that.

They also list prices for the hundreds of products in their inventory, which instills trust in their good practices. While their IRA offering may not be as strong as specialists, the diversity of their services, including the ability to assay any product for precious metals, and multiple office locations, make them a reliable choice for those interested in precious metals.

As always, the decision it up to you to make, im only here to try to make that job a bit easier for you. Please just don´t forget to look at many different alternatives before you make any decisions.

Our #1 Recommendation:

Gold Retired

==> See our #1 Recommended Gold & Silver IRA Solution

I hope you found this short review of Pacific Precious Metals to be helpful and that you now have a better understanding on what it is and if it´s something for you or not. If you have used any of their services or purchased any products from them then please share your experience in the comment section below as it can help others!

I wish you success!

Glanz, investor and team member of Goldretired.com

Photo credit: pacificpreciousmetals.com