This is a brief review of Wholesale Direct Metals. What is Wholesale Direct Metals? Can anyone make a purchase? How are the reviews?
Let’s find out!
Product: Precious metals
Owner: Adam Gruen (CEO).
Price: Depends on your investments.
Who is it for: Investors.
Overall rating: (3 / 5)
Important to mention before we continue with the review:
We always strongly recommend doing your research online before you choose a company to invest in. There are so many reviews online where former clients claim they have been ripped off and scammed. One tricky way companies get away with this is they disguise charges in so-called “hidden fees”.
So always be aware and please, investigate completely before you make your choice when it comes to big investments.
——–>To see the #1 safe and recommended gold custodian, click here!
With that being said, let’s continue with the review!
What is Wholesale Direct Metals – Overview
Wholesale Direct Metals, Inc. is a company based in Pacific Palisades, CA, and was started in 2006. The precious metals company specializes in US-Minted certified and numismatic coins. Wholesale Direct Metals also offers a wide range of precious metals, IRAs service, and separate storages. Adam Gruen is listed as the CEO and Andreas Panosyan as the Director of Operations.
881 Alma Real Dr #205,
Pacific Palisades, CA 90272
How does it work?
Choose your preferred metal. Decide where and how you want the package to be delivered. Make the purchase. Wholesale Direct Metals prefer you to make bank wire.
For a transfer, rollover, or new IRA account they can help out with Sterling Trust Company as the custodian.
The products and services offered
- Gold Coins, Bars and IRA’s
- Silver Coins, Bars and IRA’s
- Platinum, & Palladium Bars
They offer FREE investment kits and guides if you are interested in finding out more about gold.
What about the fees?
They charge a flat fee of $37.00 for shipping and insurance on Gold orders.
For the storage fees, you have to contact them to find out more. They cooperate with Delaware Depository.
How is the support?
You can contact them by phone: (888) 681-4597, email, or regular mail.
There were some customer reviews I found online and most of them claim that the support and service were good. It seems like most of the people are satisfied with their experience with the precious metals dealer.
Are there any red flags?
You should always review and compare different investment companies against each other before you make a final decision.
Below I have listed the most trusted and well-known review and rating sites online to see what score they have given Wholesale Direct Metals as this is a good indication of how good the particular company performs and treat their clients:
Score: (4.9 / 5) (based on 20 reviews)
Score: (4 / 5) (based on 2 reviews)
Score: Listed but no reviews yet.
Score: Not Listed.
Is Wholesale Direct Metals A Scam?
No, I don’t think it is a scam. Wholesale Direct Metals seems like a real legit company based on the fact that there are good reviews online and that they are listed in the BBB.
Are there better alternatives out there?
YES! There are a few ones I would consider better alternatives but the absolute best one I can recommend is; GOLDCO.
Goldco offers precious metals, and Gold IRA to its clients with expert support. They have been in business for over a decade and received great reviews from their customers and gotten great scores on different online review and rating sites. It is easy to get started by going to their website where you find all the information you need to get going.
- Good reviews.
- FREE investment kits.
- Not a real gold IRA custodian.
Final words and verdict
Wholesale Direct Metals is a precious metals dealer that has been around for more than a decade and they seem to be doing a good job of keeping their customers happy. However, I noticed that the reviews I found online were a bit out-dated. There weren’t any recent posts I found from 2018 which is one of the downsides. Another thing was that the website wasn’t as informative as I wanted it to be. I couldn’t find a catalog of the products they offer and it wasn’t updated with prices and info of the metals. I found this to be a bit negative but that is because I like to be able to read and compare before I call the company up to make an order.
The overall rating landed on a 3 star out 5 this time.
Overall rating: (3 / 5)
So, who gets 5 stars?
Check out the recommended company in the link below!
Click here for the # 1 recommended IRA company!
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I wish you the best life has to offer!
Writer, investor, and, team member of Gold Retired.