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)
Owner: Nathan Camp
Who is it for: Precious metals investors, retirees
Location: 4220 Treadway Rd, Beaumont, TX 77706-7105
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.
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.
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?
US Precious Metals Fees
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)
Overall rating: A+ (from 1 review) click here for details (opens in new window)
Overall rating: (3.8 / 5) (from 2 reviews) click here for details (opens in new window)
BCA (Business Consumer Alliance)
Overall rating: N/A
Overall rating: N/A
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:
Pros and Cons of USPM
- 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.
- 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?
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
Overall rating: (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!
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