Treasure Coast Bullion is the subject of this article. Gold and silver bullion are the company’s only products, and they ship them directly to your home or put them into your Individual Retirement Account (IRA). Is Treasure Coast Bullion Group a scam? Let´s look into it in this short review!
Company: Treasure Coast Bullion
Website: metalsedge.com
Founder: Andrew Wilshire
Price: No fees on display (see further down)
Who is it for? Precious metal investors, retirees
Overall rating: (3.5 / 5) (below average)
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 The Treasure Coast Bullion Group!
What is Treasure Coast Bullion?
At Treasure Coast Bullion Group (TCBG) they provide a broad range of precious metals-related services to clients. Investing in precious metals has been a popular topic of discussion among their clients since they first introduced it to them in 2007. They work closely with Trusted Service Providers to provide you with a level of discretion and professionalism throughout your investing process.
Treasure Coast Bullion is a gold investment company with many years of experience in wealth and asset protection. They ensure that their clients get all the help they need whenever they need a simple way to convert their current 401k/IRA to a Self-Directed IRA that can hold physical gold and silver.
They strive to provide the best possible service. This means that only those with a sincere desire to help others and a track record of success in the precious metals industry are hired. By working together, Treasure Coast Bullion specialists give thorough education and help investors take advantage of their retirement account’s capacity to keep precious metals in strict compliance with IRC Section 408(m)(3).
Therefore, it is imperative that you have a business partner who is familiar with the use of gold and silver as a means of asset protection. To make better financial decisions and protect your investments from political and economic volatility, they will provide you with the information you need.
One of the best retirement investments is an Individual Retirement Account (IRA) made of precious metals like gold, which may develop and protect your wealth. In terms of long-term asset protection, investing in gold is typically the most beneficial method.
As part of their service, they assist you in transferring your assets into a gold IRA.
Address: 3900 N Military Trail, Suite 500 Jupiter, FL, 33458-2872, United States.
What products do they offer?
Investing in an Individual Retirement Account (IRA) or buying physical precious metals straight from the corporation is another option. A wide range of precious metals is eligible for inclusion in an IRA. Bars, bullion, and even coinage are all types of gold and silver that can be found.
When you decide to invest in gold, this firm will be there to guide you through the process and ensure that your treasures are protected to the fullest extent feasible.
How to get started?
Treasure Coast Bullion’s excellent customer service makes it easy to get started with the company. Check out the numerous products and services they have to offer on their website first.
A free pamphlet on precious metals investing is available on the company’s website, which you may download if you’d like to learn more. Self-directed IRA account holders may find this guide to be helpful in their endeavors.
Additionally, this will provide some perspective on the company’s history and the many years it has been in business. To keep your money safe, you must be well-informed at every stage of the transaction.
Next, you should use their contact page or the on-screen chat tool on the contact page of their website to get in touch with them.
A customer service person will contact you and provide you with the necessary procedures to open an IRA account for gold. They can even help you purchase physical gold and arrange for its delivery if you choose.
The paperwork you’ll need to set up an account or make a purchase from the company will be sent to you as well. You may also fill out an online application form to open an account with them. Once you’ve completed the paperwork and provided all of the necessary information, this process should only take a few hours or minutes. They’ll take care of the rest, allowing you to make the investments you need to make.
Treasure Coast Bullion Gold IRA?
Customers can use Treasure Coast Bullion’s precious metals IRA services. Inflation and financial crises can be avoided thanks to the many benefits of a gold IRA, including favorable tax treatment and the option to defer capital gains taxes.
What IRA custodians do they work with?
There is no information on their website about which IRA custodians (or custodians) they’ve partnered with, which is a negative. Treasure Coast Bullion can only provide that information by you contacting them.
What are the fees?
Only current spot pricing can be found online, but there is no information about fees. When you open a gold IRA account, you must ask for the costs. In addition, all fees should be displayed on the company’s website. Openness and accountability would be encouraged by this.
Ensure that you understand all of the prices before signing anything.
When it comes to “hidden fees,” we’ve seen several incidents of retirees being taken advantage of by people who hadn’t expected them. Check to see if there are any additional fees before you sign on the dotted line. You are looking for a company that is entirely transparent and honest.
**See my #1 Recommended Gold & Silver IRA Solution (100% transparent + some other clear benefits)
Can you sell back your precious metals?
No, there is no buyback program for the precious metals you buy from them.
How good is their support?
The availability of live chat on a company’s website is one of the most important factors I consider when assessing the quality of its customer support. If you’d like to get in touch with Treasure Coast Bullion, you’ll have to do it using their website’s contact page, via phone or email.
Visitors are redirected to a contact form instead of an online product list. It would have been a wonderful customer service tool if they had implemented a live-chat option.
Is Treasure Coast Bullion a Scam?
Is Treasure Coast Bullion a fraud, then? No. I do not think the corporation is a gold scam operation but rather a genuine business. They now have genuine owners and a real address in the real world. They must have been operating a legitimate business, or else they would not have been able to last this long.
On the other hand, if they are your best option available, that is an entirely different situation… and this brings us to the question of what the most well-known and reputable independent third-party consumer protection agencies have to say about the matter.
Treasure Coast Bullion reviews, complaints & ratings:
BBB (Better Business Bureau)
Rating: NOT an accredited business (7 complaints) click for details (opens in new window)
Trustpilot
Rating: (4.8 / 5) (from 138 reviews) click here for details (opens in new window)
BCA (Business Consumer Alliance)
Rating: AAA (based on 0 reviews??) click here for details (opens in new window)
Trustlink
Rating: N/A
Yelp
Rating: (3 / 5) (from 6 reviews & 3 complaints) click here for details (opens in new window)
What can we make out of these results?
Trustpilot is the consumer protection organization whose ratings I often give the most consideration to out of all of the available ones. This is because only genuine clients of a given business are permitted to write their testimonials and evaluations on that particular website. As you can see up there, TCBG has an excellent overall rating there; with 136 reviews, it is higher than the average rating.
Aside from that, we did come across a few customer concerns.
Any complaints & red flags?
Well, first of all, TCBG is NOT an accredited business by the BBB and that was a surprise to be honest, so that is my first red flag. Then I wounder how they can get an AAA rating on BCA with 0 (zero) reviews?? If anyone have a good explanation for that then please share in the comment section below this page. I also found complaints on every platform that had reviews available…
Important to mention: Complaints can still be made regarding a company even though its overall rating appears to be positive. This is the case the majority of the time. Remember that it is very difficult for ANY firm to make everyone happy all of the time, especially if you have been in business for 10 years or more, as Treasure Coast Bullion has. This is especially true if you have a large customer base. On the other hand, you might want to exercise further caution if the complaints start to become a little bit too numerous and a little bit too serious.
Below are some examples of the complaints found:
Are there better alternatives out there?
Yes! In my view, that is the case! You should be aware that there are organizations dealing in gold that have THOUSANDS of favorable evaluations on Trustpilot (in addition to all of the aforementioned consumer protection agencies). Therefore, there are additional alternatives available that have more amazing ratings and (more importantly) with LESS complaints. A couple of the firms actually got close to zero complaints.
**See my Top-5 List of Gold & Silver firms (U.S.A)
Treasure Coast Bullion PROs & CONs
The positive
· Good customer services
· Quality gold and silver products
The negative
· They do not display fees or partnered IRA custodians
· There are some complaints to be found
Do you own or represent this company?
Are you the owner of Treasure Coast Bullion, or do you work there in another capacity? Would you be interested in elaborating on any of the information provided in the previous sentence or providing further information? We would gladly assist you in revising the content and ensuring that prospective gold investors have the most positive impression possible of your business. The quickest and easiest method to get in touch with us is to post a note in the comments section below or to send us an email at the following address: contact@goldretired.com.
Final words & Verdict
Verdict: Legit
Overall rating: (3.5 / 5)
Summary: The overall impression of this company is fairly accurate, I think. With its focus on wealth and asset preservation, Treasure Coast Bullion is a reputable investment company. Gold IRAs are also available from this organization, as well as trustworthy customer service.
Some aspects of the service, like the pricing structure and IRA custodians they work with, are missing for me. These two items are completely absent from their website.
When I examined their rating score with the consumer protection agencies, I discovered complaints that lowered my overall rating as well.
My current rating is 3.5 out of 5, but this could change as we attempt to update our reviews on this site whenever new information is available about the companies mentioned here.
Ok, now what?
The idea of storing financial assets in gold and silver to shield them against market instability has been normal practice for a long time now. It is easy to see why, it simply is one of the best, if not the best way to protect your wealth.
You are a smart person, I know that as you clearly understand the consept of doing your due diligence, you wouldn´t have read this review otherwise, right? So I am absolutely sure that you will find the right company that suits your particular needs the best, and that you feel comfortable doing business with.
Just make sure to compare the top-alternatives and make sure that you know exactly what fees that are involved,etc. My best advice is to bombard the firms with questions, the ones who are willing to answer all of your questions are (most likely) the best one for you as well.
I hope you found this short review on Treasure Coast Bullion Group to be helpful and that you now got a better idea of what it is and if it is a scam or not. Personally I do not think so, however, clearly some of their clients are “not so happy” and the complaints are there for anyone to see. If you have used any of their service then please share your experience in the comment section below as it can help other!
I wish you success!
Glanz, investor and team member at Gold Retired
Treasure Coast Bullion Group is a company of high pressure sales people who attempt to trick you into buying high risk “investments” in precious metals. I know, I was one of their victims. A salesperson calls and rambles on about how the market in metals (silver,gold, platinum, bars, coins,etc.) is going to increase “exponentially” soon because of all the volatility in the world and markets. They will try to convince you that you should “leverage” your position, that it is a very safe, very low risk investment and that they will watch over your holdings and alert you when to sell to profit or minimize potential losses. Beware. These sales people are not interested in making you profitable, only themselves. They are reluctant to disclose fees, some of which are purchase fees, interest fees, storage fees, account opening fee. They will tell you the fees are negligible due to the soon to happen price increase of the metals. These people are guessing, they are not licensed as investment advisors, they are not experts, they are not fiduciaries, they are not financial advisors, they are not regulated. This is how they describe their sales people: “Our trading personnel are non-commissioned individuals. They and /or TCBG may receive, from time to time, undisclosed compensation for recommending specific products (including cooperative advertising, and /or bonus profits”
Seems like paid commission sales people to me.
And don’t worry if you send your money to them. They “….are wholeheartedly committed to helping you expand and safeguard your hard earned money and investment account.” Yes, their own words.
Keep your money away from this company unless you want to lose it.
First of all, thank you for your comment!
Very sorry to hear you have had a bad experience with them, hidden fees are unfortunatly very common in this industry.
It is very good that you share your experience, in this case a very negative one it seems, it will help others to think twice!
If you wamt to share more details then feel free to share it here so it will be included in this review, or if anything changes with your situation moving forward.
Thank you again.
/Sincerely
Treasure coast bullion is terrible company especially for first time investors,they will scam you and you will lose your money,stay away.I personally lost to them 165k.
First of all, thank you for your comment!
Sorry to hear you had a bad experience with that company.
Please feel free to elaborate a bit more on what happened, think many would be interested to know more?
Thank you again.
/Best