Today we review Heartland Precious Metals for you. What is Heartland Precious Metals? How does it work? Is it a good alternative for you or should you look on other options? This is just a few of many questions you get help answering in this review! Let´s look into it!
Company: Heartland Precious Metals
Owner: Paul Montgomery
Price: Depends on your investment
Who is it for: Precious metals investors
Overall rating: (3.5 / 5)
Important to mention before we go into more details of this review:
We always strongly recommend to do your research online before you choose a company to invest with. There are so many reviews online of clients being ripped of and scammed. So please investigate thoroughly before you make your decision.
With that being said, let´s continue with the review on Heartland Precious Metals!
What is Heartland Precious Metals?
Heartland Precious Metals, also known as Heartland Rare Coins and Collectibles is a reputable precious metal and precious metal product dealer. This Oklahoma-based company runs under the able leadership of one Paul Montgomery, who has been in the professional precious metal business for more than 3 decades. With such experience, Paul is confident that he has the capability to deliver exceptional customer service to all clients who stop by his company.
Paul has also sat on the advisory board of companies such as FTC and SEC. What sets Heartland Precious Metals apart from its competitors, according to the company, is the integrity and transparency with which it handles all its clients.
What does Paul Montgomery have that is different about him?
Paul is excellent at what he does, but so are many other company founders. It is highly possible that you have already dealt with a precious metals and collectibles company there before, and you were not satisfied with what you got. Paul promises all those who walk through his door the following:
- No one will sell you an investment that is not suitable for you.
- He does not pay any commissions to his trading team for selling products to you- their duty is to give you what you deserve.
- His company will buy back any product that they sell you.
- The Heartland Precious Metals team will be completely open with the buying and selling prices.
Upon visiting Heartland Precious Metals’ official website, you will actually find all the buy and buyback prices clearly displayed for you to see. This is something that most companies in this niche will not do.
Want to look at a great alternative that also have a buyback program?
**then this company is a great alternative and is on our top 5 list aswell.
Which services does this company offer?
Heartland Precious Metals presents its customers with the opportunity to purchase and sell precious metals, precious metal products, and other collectibles for the purpose of investment. Their service model is different from gold IRA companies that offer you an opportunity to have a precious-metal backed IRA. If you are looking for gold IRA services therefore, this company may not be the one for you. You can, however, benefit in the following ways:
1. Purchase of precious metals
This company presents all of its customers with a very unique experience. As a new client, you will realize that Heartland Precious Metals locks in the price of the products you have selected right at the time you hit the “proceed to checkout” button. Most companies in this industry usually lock in the price only after you hit the “buy” button.
You can make all purchases using any of the following avenues:
- Personal checks
- Bank wire
- Cashiers check
- Money order
They are not currently accepting credit cards and debit cards. Also, you can only purchase $1000 worth of precious metal products if you are a USA citizen, or $2500 worth of the products if you are a Canadian citizen. Heartland also has a well-defined return policy, that lets you ship back all the damaged products.
2. Selling the precious metals you had initially purchased from them
If you need to sell your precious metal products to Heartland Precious Metals, then all you need to do is:
– Call the trading department through this number: (877) 360-3945, Or,
– Email them at Trading@HeartlandPreciousMetals.com
The products you are selling to this company need to have a minimum value of $1000 at the time of sale. There are no hidden charges with this company.
How good is the customer service at Heartland Precious Metals?
This company’s customer service is of very high quality. In fact, you can tell that Paul, the company’s founder, is very obsessed with the provision of the best service to all clients. Before reaching out to the customer service department, you can have a look at the information that is available in the very extensive FAQ section on the official website. You can also have a look at all the product prices on the official website, in order for you to make a decision whether you can afford to purchase what is being offered.
However, there is no live chat function on their website, and that is a minus (at least in my book)
Is Heartland Precious Metals a genuine company?
Yes. This company is 100% genuine. It has an A+ rating on BBB. Its BBB file was opened back in 2015, and not a single complaint has been filed by any of its customers. This company is also a P.N.G Accredited Precious Metal Dealer, a member of the Industry Council for Tangible Assets. PND accredited firms are those that usually have shown a high degree of integrity in their approach to service provision.
However, what do the other most well-known and tusted independent 3rd party consumer protection agencies have to say?
Rating: A+ [ur 4] (out of 1 reviews) click here for details (opens in new window)
Rating (3.7 / 5) (out of 2 reviews) click here for details (opens in new window)
The conclusion from this
Well, as you clearly can see above there is not much to be found on the company, that can be either good but also a bad thing. You need to have in mind that there are many gold dealers out there that have hundreds, and sometimes even thousands of positive reviews and ratings from it´s clients.
**See our top 5 list of gold dealers on this page
Pros and Cons
It is always wise (and recommended) to compare the positives against the negatives to get a better ovrall view of something, right? As always in our reviews we provide you with some clear points on both sides of the spectrum:
- It offers very low prices for its products
- It is very customer-centric.
- They usually buy back precious metals and collectibles.
- They offer free shipping and insurance.
- They are very transparent with product prices.
- They show strong integrity
- They do not accept debit and credit cards
- They only accept a $1000 minimum purchase.
- They are still a fairly small company.
Do you own or represent Heartland Precious Metals?
If you represent Heartland Precious Metals in some way or maybe are one of the owners and want to correct something that is not in this review then please feel free to contact me and I will update the review with the new (and/or correct) info. Simply leave a comment at the bottom of the review or send us an e-mail by using the contact form of the homepage on this site.
Final words and verdict
Overall rating: (3.5 / 5)
Ok, I think this sums up the overall picture of this company pretty good. This is absolutely a legit company and it might also be a good choice for you if you are looking for a company with a buyback program.
The only negative things I can think of about the company is that they might not be that experienced as they have only been in business for 3 years and also the lack of reviews and ratings from their clients, as the few ones to be found aren´t really that impressive.
However, their educational material is great and even if you choose to invest in another company there is a lot of free stuff on their website that I would recommend that you can go through.
As always the decision is up to you and I will make it a bit harder for you by recommending you to have a look at our absolute top recommended Gold dealers and IRA providers so you can compare different alternatives against eachother before you make a final decision.
I hope you found this short review on Heartland Precious Metals to be helpful and now you should also have a better understanding on what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others. Also, if you got any other questions about this review I will be more than happy to answer them below!
I wish you success!
Founder of: Gold Retired