American Alternative Assets Reviews – Weird Red Flags?

August 10, 2023 by admin Leave a Comment

Today we bl bla We will look at all the American Alternative Assets reviews to be found online from the most well-known and trusted online watchdog sources.

Company: American Alternative Assets

Website: www.americanalternativeassets.com

Owner: Shanon Davis

Founded: 2016? (according to BBB)

Who is it for: Retirees, precious metals investors

Overall rating: (3 / 5)

Warning!

There are many scammers who will trick you into giving them your hard-earned cash.

They employ high-pressure sales techniques like calling you every day.

To avoid this, please do your own research before you decide what firm to invest with.

You can do this by checking the reviews and ratings independent 3rd party consumer protection agencies give them.

To discover which investment firm consumers rate the highest… who won’t bother you with pushy sales calls… and who you can trust to protect and grow your wealth… then take a look at the #1 Recommended Gold & Silver IRA Dealer on our top-5 list (works with ALL major custodians).

With that being said, let´s continue with the review on American Alternative Assets!

What is American Alternative Assets?

American Alternative Assets is a gold & silver IRA bulion dealer specializing in using precious metals to diversify and hedge retirement portfolios of American retirees.

On their website they claim to have appeared across diiferent well-known news sites and patriot websites, including Fox News, that have featured the company as one of the leading competitors in the precious metals industry.

American Alternative Asstes products & services

This company deals in gold and silver, here are the products available:

2021 Australian ¼ oz. Gold Florin
American Buffalo
American Gold Eagle (bullion)
Gold Gyrfalcon
Canadian Gold Polar Bear & Cub Coin
50 Gram Valcambi Gold CombiBar
100 gram Valcambi Gold Bar
Canadian Silver Polar Bear & Cub Coin
5 oz America The Beautiful Silver Coin
Montserrat Silver Emerald Isle of the Caribbean Coin

Precious Metals IRAs?

Yes, AAA offer their clients gold & silver IRA services.

The fees

There is no info on the AAA website on what fees you are going to have to pay for opening a new IRA with them.

The custodians

Also, there is a whole section about “custodians” on their website, however, no info at all about what particular custodian, or custodians AAA offer their clients who want to open a gold & silver IRA??

Important to mention: Please make sure to ALWAYS know exactly what fees you are going to have to pay before you move forward with anything. There are so many nightmare horror stories of retirees getting “surprised” with so-called hidden fees they had no idea about before it was to late. This can end up being a very expensive experience unless you are careful.

**See this 100% transparent gold & silver IRA Solution instead

American Alternative Assets Reviews

As always in our reviews we always look at what the most well-known and trusted, independent third-party consumer protection agencies got to say. This is almost always a good indicator on where a company stands when it comes to the quality of their services and products. Below are the results for AAA:

BBB (Better Business Bureau)

Rating: a+ (from 16 reviews) click here for details (opens in new window)

Trustpilot

Rating: (4.3 / 5) (from 15 reviews) click here for details (opens in new window)

BCA (Business Consumer Alliance)

Rating: A (based on 0 ZERO?? reviews) click here for details (opens in new window)

Trustlink:

Rating: N/A

Yelp

Rating: N/A

Conclusion from these ratings:

They got around 15 reviews and testimonials from both BBB and Trustpilot, then there is nothing to be found from the other 3 out of the “big 5” consumer watchdog sites. Or well, we found an A rating from BCA but from 0 reviews… Not sure how that works either… If you got an explanation to that then please share it in the comment section below this post.

Anyway, there is not that many reviews when you compare with the most well-known and trusted gold IRA companies out there, to be fair they have been in business for a longer time though. The question is how long time have AAA actually been in business, they claim since 2016 but we have never seen them before, and we are pretty deep into this industry… Did they change name or what´s going on?

Is American Alternative Assets a Scam?

So, are there any red flags about this company that you might want to have in mind?

Personally, I have to say that I find it weird that this company first of all seems to have popped up out of nowhere, because have not seen this company anywere until recently. They claim to have been in business since 2016… They are BBB acredited since 2021… What´s going on?

So, is American Alternative Assets a scam? No, of course not, at least we do not think so. They got a real physical address and real owners and also some happy clients it seems.

However, if they are your best alternative out there is a whole other story. Personally, I would say no to that question.

Are there better alternatives?

Yes, I would say that there are at least a handful of better alternatives out there. The absolute best one I can recommend is Augusta, they might not be the biggest or the lowes fees, however, they clearly are the most transaparent and that is a big plus, at least in my book.

**Discover more about Augusta here

PROs & CONs

PROs

Offers IRA services
BBB accredited

CONs

Not many years in business (or months?)
No info on their website when it comes to fees & custodian
Not many reviews

Do you own or represent American Alternative Assets?

If you are a representative, or associate of American Alternative Assets and have found something not to be correct in this review please, feel free to tell and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending an e-mail to contact@goldretired.com

Final words & Verdict

Verdict: Legit

Overall rating: (3 / 5)

Ok, I think this sums up the overall view of this company pretty good at the moment. I would say it´s a legit company that could have some potential but at the moment I would rather stick to more established firms as I do not see any reason to choose this one over any of them.

Again, think it is very weird that this company came out of nowhere and all of a sudden got a decent amount of reviews already. How did that happen? Am not saying there is anything “fishy” going on here but personally I would be very careful at least, and I would (most likely) head over and check with more established firms first before I make any decisions…

Please, if you know more about them then share your knowledge with us in the comment section below!

As always, the decision is up to you to make!

Please do not forget to ALWAYS do your research and to also compare different alternatives before you make any investment decisions!

You clearly are a smart person as you have read this far, that tells me that you clearly are doing your own research!

So, am absolutely sure that you will find the right dealer that suits your particular needs the best, and that you will also feel 100% comfortable to do business with!

Discover our #1 Recommended Gold & Silver IRA Solution

OR,

Discover our Top-5 List of the Best Gold & Silver Investment Companies

I hope you found this short audit on the American Alternative Assets company to be helpful and that you kn ow know that there are some reviews to be found on them as well. If you have used any of their services then plesae share your owbn experience in the comment section below as it can help others make better decisions! Also, if you got any questions about this I would be more than happy to answer them below!

I wish you success!

Michael, founder of Gold Retired

How to Spot Fake Gold Coins Like a Pro – Don’t Get Fooled

July 30, 2023 by admin Leave a Comment

Gold coins have long been regarded as a symbol of wealth and prosperity. However, the market has its pitfalls, as counterfeit gold coins circulate. That’s why it is of utmost importance to have the ability to spot fake gold coins and safeguard your investments.

This article will explore various methods and topics that will empower you to distinguish genuine gold coins from their fraudulent counterparts. By learning “How to Spot Fake Gold Coins,” you can ensure that your investments and financial future are protected.

Methods to Spot Fake Gold Coins

When it comes to identifying fake gold coins, several reliable methods can help you separate the genuine ones from the counterfeits. Applying these techniques enables you to make informed decisions and protect yourself from financial losses. Let’s delve into these methods in detail:

1. Magnet Test

The magnet test is a straightforward and effective way to identify fake gold coins. All you need is a magnet and the coin in question. Here’s how to conduct the magnet test:

Begin by ensuring that the magnet and the coin are clean and free from debris or residue. This will ensure accurate results.

Hold the gold coin near the magnet and observe its behavior. Genuine gold is not magnetic, meaning it should not be attracted to the magnet. If the coin is made of real gold, it will not stick to the magnet.

However, if the coin is attracted to the magnet or shows any signs of magnetic properties, it indicates that it is not made of genuine gold. Fake gold coins often contain other magnetic metals, causing them to be drawn toward the magnet.

The magnet test is a simple yet effective initial step in determining the authenticity of a gold coin. Remember, genuine gold coins will not be attracted to a magnet. In contrast, counterfeit coins might exhibit magnetic properties due to the presence of other metals. Using this test in conjunction with other methods is essential to ensure accurate results.

2. Weight Test

Another helpful method for spotting fake gold coins is the weight test. Gold is a dense metal, so genuine gold coins will have a significant weight. Follow these steps to conduct a weight test:

Firstly, familiarize yourself with the average weight of the gold coin you are examining. You can find this information through reputable sources such as coin dealers or online numismatic resources.

Next, carefully weigh the coin using a precision scale. Ensure that the scale is calibrated and capable of accurately measuring small increments.

Compare the measured weight of the coin to the expected weight of an authentic gold coin of the same type and size. If there is a noticeable discrepancy, it may indicate that the coin is fake.

It’s important to note that variations in weight can occur due to factors like wear or manufacturing tolerances. However, significant deviations from the expected weight should raise suspicions and warrant further examination.

The weight test is a straightforward and reliable way to assess the authenticity of a gold coin. It is essential to remember that this method requires access to a precise scale and knowledge of the expected weight of the specific coin.

3. Ping Test

The ping test is a simple yet effective method to determine the authenticity of a gold coin based on its sound. Genuine gold coins produce a distinct ringing sound when struck, while fake coins produce a duller and less resonant noise. Here’s how to conduct the ping test:

Hold the gold coin between your thumb and forefinger, ensuring not to touch the coin’s face.

Next, gently tap the gold coin’s edge using another coin or a small metal object.

Listen carefully to the sound produced. A genuine gold coin will emit a clear and vibrant ring that lingers, similar to the sound of striking a crystal glass. On the other hand, a fake gold coin will often produce a dull, muted sound lacking resonance.

By comparing the sound produced by the coin with the expected ring of a genuine gold coin, you can gain valuable insights into its authenticity.

Remember that conducting the ping test requires a discerning ear, and practicing with known authentic gold coins is recommended to familiarize yourself with the sound.

The ping test is a practical and non-destructive method to identify potential fake gold coins. However, it is essential to complement this test with other evaluation techniques to establish a more conclusive determination.

4. Color Test

The color test is a visual assessment that can provide valuable clues about the authenticity of a gold coin. While genuine gold has a distinct yellow hue, fake gold coins may exhibit color variations that can indicate their counterfeit nature. Here’s how to perform the color test:

Start by carefully examining the color of the gold coin under good lighting conditions. Take note of any deviations from the expected golden yellow shade.

If the coin appears too yellow, overly bright or has an intense orange or greenish tint, it may indicate that it is fake. Genuine gold coins typically exhibit a warm and rich yellow color.

It’s essential to compare the coin’s color with known authentic gold coins of the same type. This visual comparison can help you identify any significant variations or discrepancies.

While the color test can provide initial insights, it is essential to consider that factors such as tarnish, wear, or impurities can affect the appearance of a gold coin. Therefore, combining the color test with other evaluation methods is recommended for a more comprehensive assessment.

By conducting the color test, you can quickly assess the visual aspects of a gold coin and identify any potential red flags that may indicate its counterfeit nature.

5. Surface Test

The surface test involves examining the texture and quality of the coin’s surface, which can provide valuable clues about its authenticity. Genuine gold coins typically have a smooth and flawless surface, while fake coins may exhibit imperfections or inconsistencies. Here’s how to conduct the surface test:

Begin by closely inspecting the coin’s surface under good lighting conditions. Look for any signs of blemishes, scratches, or uneven texture.

Authentic gold coins are often minted with precise craftsmanship, producing a smooth and polished surface. If you notice rough patches, pits, or irregularities, it may indicate that the coin is fake.

Gently run your fingers across the surface of the coin. Authentic gold coins should feel smooth, without noticeable roughness or irregularities.

Additionally, examine the edges of the coin for any signs of rough filing or inconsistencies, which can indicate counterfeit manufacturing.

By conducting the surface test, you can assess a gold coin’s overall quality and workmanship. However, it’s important to note that wear and age can affect the surface of a genuine coin. Therefore, combining the surface test with other evaluation methods for comprehensive analysis is recommended.

The surface test provides valuable insights into the authenticity of a gold coin by examining its texture, quality, and overall craftsmanship.

6. Purity Test

Determining the purity of a gold coin is crucial in verifying its authenticity. Genuine gold coins are typically made of high-purity gold, such as 24-karat gold. In contrast, fake coins may contain lower-quality gold or other metals. Here’s how to conduct the purity test:

Scrutinize the coin with a jeweler’s loupe or a magnifying glass. Look for signs or marks that demonstrate the purity of the item. Common purity markings include “999” or “24K” for pure gold coins.

Compare the purity marking on the coin with its actual color. Pure gold has a distinct yellow hue, while lower-purity gold or gold alloys may exhibit a slightly different shade.

Be cautious of coins that lack purity markings or display inconsistent markings. These can be red flags indicating a potential counterfeit.

It’s important to note that conducting a precise purity test requires specialized equipment and knowledge. If you have doubts about a coin’s purity, it’s recommended to consult with a professional or utilize a reputable gold testing service.

The purity test allows you to assess the authenticity of a gold coin by examining its declared purity markings and comparing them to its actual appearance.

7. Microscope Test

The microscope test is a straightforward examination method that allows you to inspect a gold coin’s intricate details closely. You can identify tiny flaws or discrepancies indicating a fake coin using a microscope. Here’s how to conduct the microscope test:

Obtain a microscope with sufficient magnification capabilities. A jeweler’s loupe or a digital microscope can be helpful tools for this test.

Carefully place the gold coin under the microscope and adjust the focus to achieve a precise and magnified view of its surface.

Examine the coin for any irregularities, such as inconsistencies in the engraving, blurred or uneven details, or signs of casting or molding.

Authentic gold coins are typically minted precisely, producing crisp and precise details. If you notice any indications of poor quality or manufacturing defects, it may suggest that the coin is counterfeit.

Pay attention to the edges and borders of the coin, looking for any signs of roughness, file marks, or inconsistencies.

The microscope test allows you to closely examine the minute details of a gold coin, providing valuable insights into its authenticity.

It’s important to note that the microscope test requires expertise and access to appropriate equipment. If you need more clarification about the results, it is advisable to consult with experts or utilize professional grading services for a more accurate assessment.

8. Engraving Test

The engraving test examines the quality and precision of the coin’s engravings. Genuine gold coins often feature intricate and well-defined designs, while counterfeit coins may display blurry or uneven engravings. Here’s how to conduct the engraving test:

Carefully observe the engravings on the gold coin under good lighting conditions. Look for sharp and distinct lines, fine details, and clear lettering.

Inspect the design elements using a magnifying glass or a jeweler’s loupe. Authentic gold coins typically exhibit precise and well-executed engravings.

If you notice any signs of blurriness, lack of clarity, or inconsistencies in the engravings, it may suggest that the coin is fake.

Pay attention to the edges of the coin, examining any raised lettering or edge inscriptions for signs of poor quality or irregularities.

By conducting the engraving test, you can assess the quality of the coin’s engravings and identify any potential red flags that may indicate its counterfeit nature.

It’s important to note that the engraving test should be complemented with other evaluation methods to analyze the coin’s authenticity comprehensively.

9. Ceramic Test

The ceramic test is a practical method of rubbing a gold coin against a ceramic plate to determine its authenticity. This test relies on gold being a relatively soft metal, and genuine gold coins should leave a distinct mark on the ceramic surface. Here’s how to conduct the ceramic test:

Take a ceramic plate or tile and ensure a smooth, unglazed surface. It’s essential to use a clean and uncontaminated ceramic plate for accurate results.

Hold the gold coin firmly and rub it gently against the ceramic surface. Apply enough pressure to leave a mark but avoid scratching or damaging the coin.

Observe the mark left by the coin on the ceramic surface. If the mark appears golden in color, it suggests that the coin is genuine gold. However, if the mark appears black or leaves no visible trace, it may indicate that the coin is fake.

It’s important to note that this test provides a preliminary indication of a coin’s authenticity, as other metals with similar properties to gold can also leave marks on ceramic surfaces. Therefore, combining the ceramic test with other evaluation methods is recommended to establish a more definitive conclusion.

The ceramic test offers a quick and straightforward way to assess the authenticity of a gold coin based on its reaction to a ceramic surface. Examining the resulting mark can gather valuable information about the coin’s composition.

10. Latent Image Test

The latent image test is used to identify certain gold coins with a hidden image or design element that becomes visible only when viewed from a specific angle. This security feature is often incorporated into genuine gold coins to deter counterfeiting. Here’s how to conduct the latent image test:

Hold the gold coin under a good light source and tilt it at various angles while observing its surface.

Look for any subtle changes or shifts in the image or design. A genuine gold coin with a latent image will reveal the hidden element when held at a specific angle.

If the latent image remains invisible or fails to appear despite adjusting the viewing angle, it may suggest that the coin is fake or lacks this specific security feature.

It’s important to note that not all gold coins have a latent image, and this test applies only to coins known to incorporate this feature.

The latent image test allows you to examine a gold coin for hidden security features, providing an additional layer of authentication. However, combining this test with other evaluation methods is essential to establish a more comprehensive assessment of the coin’s authenticity.

11. Micro Text Test

The micro text test is used to identify certain gold coins with tiny, intricate text that is only visible under magnification. This feature is often incorporated into genuine gold coins as a security measure. Here’s how to conduct the micro text test:

Obtain a magnifying glass or a jeweler’s loupe with sufficient magnification power.

Carefully examine the surface of the gold coin under magnification. Look for small text or numbers that are invisible to the naked eye.

If you identify micro text on the coin, try reading it using the magnifying tool. Genuine gold coins will display clear and legible micro text when viewed under magnification.

If the micro text is illegible, blurry, or nonexistent, it may indicate that the coin is counterfeit or lacks this specific security feature.

It’s important to note that not all gold coins have micro text, and this test applies only to coins known to incorporate this feature.

The micro text test allows you to scrutinize a gold coin for a hidden text that confirms its authenticity. Remember to combine this test with other evaluation methods to assess the coin’s legitimacy comprehensively.

12. Serial Number Test

The serial number test involves examining the serial number on a gold coin to verify its authenticity. For tracking and authentication purposes, many genuine gold coins are assigned unique serial numbers by their respective mints. Here’s how to conduct the serial number test:

Locate the serial number on the gold coin. It is usually engraved or printed on the coin’s surface and serves as a unique identifier.

Compare the serial number with any available records or documentation related to the coin. Verify that the serial number matches the information from the mint or reputable sources.

If the serial number needs to be included, matched, or consistent with the coin’s origin, it may suggest that it is counterfeit or altered.

It’s important to note that not all gold coins have serial numbers, and this feature’s availability varies among coins and mints.

The serial number test provides an additional layer of authentication by confirming the uniqueness and accuracy of the coin’s identification. However, combining this test with other evaluation methods is advisable to establish a more comprehensive assessment of the coin’s authenticity.

13. Grading Test

The grading test involves sending a gold coin to a professional grading service for authentication and evaluation. These grading services employ experts who assess the coin’s condition, authenticity, and other essential factors. Here’s how the grading test works:

Choose a reputable grading service known for their expertise in evaluating gold coins. Research and select a service with a proven track record and positive customer reviews.

Carefully package the gold coin, following the specific instructions provided by the grading service. This typically involves using protective materials and secures packaging to prevent damage during transit.

Send the packaged coin to the grading service, ensuring it is appropriately insured and tractable.

The experts at the grading service will carefully examine the coin using specialized tools and techniques. They will assess its authenticity and condition and assign it a grade based on industry standards.

Once the evaluation is complete, the grading service will provide a detailed report and assign a grade to the coin, indicating its authenticity and condition.

The grading test is considered one of the most reliable methods to determine the authenticity of a gold coin. By relying on the expertise of professional graders, you can gain a definitive assessment and authentication of your coin.

It’s important to note that utilizing a grading service incurs a cost, and the process may take some time. However, it provides a highly accurate and expert opinion on the authenticity of your gold coin.

Different Types of Fake Gold Coins

In counterfeit coins, several types can deceive even the most experienced collectors. It’s essential to be aware of these different types to enhance your ability to spot fake gold coins. Here are some common types of counterfeit gold coins:

Gold-plated coins: These coins are made of base metal, such as copper or nickel, and then coated with a thin layer of gold. They may appear genuine at first glance but lack the intrinsic value of solid gold coins.

Counterfeit coins: These coins are specifically created to imitate genuine gold coins in every aspect. They may be made of inexpensive metals or alloys that closely resemble gold, fooling unsuspecting buyers.

Forged coins: Unlike counterfeit coins, forged coins are made from genuine gold. However, they are altered or manipulated to appear more valuable than they are. Forgers may add or modify details to make the coin look rare or historically significant.

By familiarizing yourself with these different types of fake gold coins, you can develop a keener eye and become more adept at identifying their deceptive characteristics. Remember to stay vigilant and exercise caution when purchasing gold coins, especially from unfamiliar sources.

How to Spot Fake Gold Coins Online?

With the rise of online buying, counterfeiters have found it easier to sell fake gold coins to foolish purchasers. Spotting fake gold coins online requires extra caution and attention to detail. Here are some essential tips to help you navigate the online marketplace and identify potential counterfeit coins:

Only buy from reputable dealers: When purchasing gold coins online, choosing trusted and reputable dealers is crucial. Look for well-established sellers with positive customer reviews and a proven track record of authenticity.

Buying from a reputable dealer not only ensures the authenticity of the coins but also provides you with recourse in case of any issues. Reputable dealers often offer guarantees or return policies that protect buyers.

Ask for a certificate of authenticity: When buying a gold coin online, inquire about a certificate of authenticity from the seller. A legitimate certificate from a reputable grading service adds credibility and verifies the coin’s authenticity.

Do your research on the coin you are buying: Before making a purchase, thoroughly research the specific gold coin you are interested in. Familiarize yourself with its design, specifications, and any unique characteristics that can help distinguish genuine coins from counterfeits.

Following these guidelines can minimize the risk of falling victim to scams or purchasing fake gold coins online. Remember to exercise caution, conduct thorough research, and rely on reputable sources and sellers.

How to Protect Yourself From Being Scammed?

When investing in gold coins, it’s crucial to protect yourself from scams and fraudulent practices. Here are some essential tips to help you safeguard your interests and make informed decisions:

Be wary of deals that seem too good to be true: If a deal appears overly enticing or offers gold coins at significantly lower prices than the market value, exercise caution. Remember, genuine gold coins hold intrinsic value, and prices that seem too good to be accurate are often red flags.

Refrain from buying gold coins from strangers: Avoid purchasing gold coins from individuals or sellers you are unfamiliar with, especially in unregulated online marketplaces or from unexpected sources. Stick to reputable dealers or established platforms that have a proven track record.

Get a second opinion from a qualified professional: If you are uncertain about the authenticity of a gold coin or the legitimacy of a seller, seek the advice of a qualified professional. An expert in numismatics or a reputable coin dealer can provide valuable insights and help you make informed decisions.

Stay informed about current scams and counterfeit techniques: Scammers are constantly evolving their methods, so staying updated on the latest scams and counterfeit techniques is essential. Stay informed through reputable sources, online forums, and numismatic communities to keep you aware and alert.

Following these guidelines can help you avoid becoming a victim of gold coin scams and have a more secure investment experience. Remember, diligence and knowledge are your best allies in protecting yourself from fraudulent practices.

FAQs

How common are fake gold coins?

The prevalence of fake gold coins is difficult to determine precisely. Still, experts estimate that around 10% of all gold coins in circulation may be affected. The occurrence of counterfeit coins can vary depending on factors such as the type of coin and the geographic location. Developing countries tend to have a higher incidence of fake gold coins than developed countries.

How can I test my gold coins at home?

To test your gold coins at home, try the magnet test (real gold is not magnetic), conduct a weight test, use the sound test (real gold produces a clear, ringing sound), examine the color, inspect the surface, and check the engravings. If unsure, consult a reputable dealer or jeweler for professional testing.

Which gold coin is best?

Choosing the best gold coin depends on your preferences and requirements. However, some highly regarded options include the American Eagle, Canadian Maple Leaf, South African Krugerrand, British Sovereign, and Austrian Philharmonic. These coins are made from high-quality gold, are widely recognized, and are easily obtainable.

Conclusion

In the end, spotting fake gold coins is crucial to protect your investments and ensure the authenticity of your collection. By employing methods such as the magnet test, weight test, ping test, color test, and surface test and utilizing professional grading services, you can enhance your ability to identify counterfeit coins.

Additionally, it’s essential to be cautious when buying gold coins online, only choosing reputable dealers, asking for certificates of authenticity, and conducting thorough research. Remember to stay informed, seek expert opinions, and continuously educate yourself about gold coins. By being vigilant and knowledgeable, you can confidently navigate the gold coin market and avoid falling victim to scams.

Discover how you avoid Numismatic Gold Coin scams!

I hope you found this short article on how to spot fake gold coins to be helpful and that you now have a better overall view on the subject. Please share your own experience in the comment section below as it can help others make better decisions! Also, if you got any questions about this I would be more than happy to answer them below!

I wish you success!

Michael, founder of Gold Retired

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

March 1, 2023 by Glanz Leave a Comment

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 Metals

Website: treasureislandcoins.com

Owner: Christopher Olsson (CEO)

Who is it for: Precious Metals Investors

Overall rating: (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:

Check
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?

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?

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 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)

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 / 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?

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 good

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

The bad

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 / 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?

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.

Preserve Gold Group Review – a Scam or a Legit Gold Dealer?

February 28, 2023 by admin Leave a Comment

In this Preserve Gold Group Review we are going research if this is a scam or a legit dealer? How are the customer reviews? Are there better alternatives? Let get started right away!

Company: Preserve Gold Group Inc.

Website: www.preservegold.com

Owner: Ms. Jennifer Good (CEO/Owner)

Price: Depends on your investment

Who is it for: Retirees, precious metals investors

Overall rating: (3.5 / 5)

Important to mention before we continue with the review:

We always strongly recommend that you do your own research online before you pick a 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 Recommended Gold & Silver Companies HERE!

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

What is Preserve Gold Group?

Preserve Gold Group Inc was founded in the summer of 2022 by Jennifer Good and the company is based in Woodland Hills, California. This company offers precious metals products to their clients, mainly to protect the wealth of the client. Their services is not international but only available for US customers.

Full company address is: 5850 Canoga Ave, 4th Floor, Woodland Hills, CA, 91367

How does it work?

There are maninly two services offered to you here, either you purchase precious metals directly, or you invest in a precious metals IRA. Either way, you are going to have to find your metals from their online list that you are interested in and make a call to make an order.

The products and services

Gold
Silver Platinum
Palladium
IRA-eligible products and services

Like most other precious metals dealers this company offers a Free Precious Metals IRA Kit for an exchange of your contact information.

There is no info about the shipping time with Preserve Gold Group and when I tried to ask their live-chat there was no agent online to talk to.

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

What about the fees?

There is no info at all about the fees on their website, and there is also no info on what custodian (or custodians) Preserve Gold Group work with on thier webbsite…

I let this up to you to do your own research if you are interested in moving forward with an application to become their client. Personally I do not like the fact that there is no info at all on their website, but that might be just me…

How is the support?

You can contact Preserve Gold Group by phone (877) 444-0923) Monday through Friday (7am-6pm) or by email (info@preservegold.com).

Something I appreciate a lot with the support of a particular company is if they got a live chat function on their website. I was happy to see that PGG had one, however, when I tried to chat with someone there to ask some questions there was nobody online, and my attempt was on normal business hours and within the time fram they can be reached by phone so that was a bit dissapointing.

I did not find any social media precthe support of a particular company ence for this company so not sure if they got a Facebook account, or a Twitter, etc.’

Preserve Gold Group Reviews

We always recommend (and repeat) that you should always review and compare different investment companies against each other before you make any decisions.

Below I have listed the most trusted and well-known, independent third-party consumer protection agencies and their scores they have given Preserve Gold Group. This is normally a very good indication of how good the particular company performs and treat their clients:

BBB (Better Business Bureau)

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

Yelp

Overall rating: N/A

BCA (Business Consumer Alliance)

Overall rating: N/A

Trustpilot

Overall rating: (4.4 / 5) (from 11 reviews) click here for details (opens in new window)

Trustlink

Overall rating: N/A

Is Preserve Gold Group a Scam?

So, is Preserve Gold Group a scam or legit? I do not think it´s a scam, I think it´s a legit business. It got a real physical address and a real owner. However, it is a very new company in this industry and it might be hard to pick this one over any of the more experienced ones out there… In short, I think it is a legit company but if it´s the best one out there is a whole other story.top

The reviews I found online (see above) are decent even if there isnt that many. Their BBB score where A minus and not the best A plus like all the top gold invedting companies have. Also, 4,4 out of 5 stars on Trustpiulot is a good rating, however, it is only from 11 reviews, while the top companies got 4,8-4,9 from hundreds, in some cases thousands of reviews.