As someone involved in the world of precious metals investing for quite some time, I was intrigued when I first heard about Legacy Precious Metals. I was curious about what kind of company they are and what they had to offer; the big question is always whether or not they are legitimate?
The precious metal industry is complex, and it can be difficult to figure out which companies are reliable and which ones you should avoid. I’ve been covering precious metals IRA investing since 2012, and I recently set up my retirement to invest in gold and silver (both) with Goldco.
I’m a transparent person and like to lead off with that first and foremost. I looked at dozens of companies prior to making that decision, and you can see which companies I ranked as the best on this page:
If you are looking for more information on this company, I’ve got all of the information you need. Read on for my Legacy Precious Metals review keeping in mind the above advisory.
What is Legacy Precious Metals?
First, let’s talk briefly about Legacy Precious Metals and what they do. Essentially, they are a precious metals dealer specializing in real precious metals such as physical gold, silver, platinum, and palladium. They offer many products, including coins, bars, and rounds. They are known for their ability to offer metals in any amount, making it easy for investors to get started with even a small amount of capital.
One of the things that set Legacy Precious Metals apart from the other metals dealers is that they allow you to buy metals live from your internet connection, which is a convenient and efficient way to make purchases.
Another thing that Legacy Precious Metals offers is the ability to start a gold or silver IRA. For those who are unfamiliar, an IRA (Individual Retirement Account) is a type of retirement savings account that allows you to invest in a variety of assets, including precious metals, and enjoy tax benefits while doing so.
Gold-backed IRAs are considered a strong and safe investment compared to other assets, such other investments such as stocks. This is a great, safe investment option for investors looking to diversify their retirement savings and portfolios and protect their wealth and financial future.
Is Legacy Precious Metals a Legitimate Company?
Let’s get to the heart of the matter: Is Legacy Precious Metals a legitimate company? The short answer is yes. Several factors indicate that this is a reputable business that investors can trust to invest in physical gold in their financial future.
First, Legacy Precious Metals has a solid reputation in the industry. They have been around for over a decade, and in that time, they have built a strong track record of customer satisfaction.
If you look at Legacy Precious Metals reviews online, you’ll see that most customers are happy with their experience. They praise the company’s transparency, professionalism, and high level of customer service.
In addition to its reputation, Legacy Precious Metals has all the necessary licenses and certifications to operate as a precious metals dealer. The state of California licenses them, and they are members of several professional organizations, including the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC).
These certifications are important because they indicate that Legacy Precious Metals has been vetted by third-party organizations and has met certain standards of quality and professionalism.
Finally, it’s worth noting that Legacy Precious Metals has a clear and transparent pricing structure. They offer competitive prices on all of their products and don’t engage in shady practices like hidden fees or markups on gold prices. This is important because it ensures that investors get a fair deal when doing business with Legacy Precious Metals.
All these factors, taken together, make it clear that Legacy Precious Metals is a legitimate investment and legacy precious metals review company that investors can trust. Of course, as with any investment, risks are involved, and investors should always do their due diligence before making any decisions.
However, for those who are looking for reputable and trustworthy dealers, Legacy Precious Metals is worth considering.
Features and Services
One of the things that stands out about this company is its ability to offer new precious metals and legacy precious metals commitment, in any amount. This is a big deal because it means that investors can get started with even a small amount of capital.
Many other legacy precious metals reviews and metal investments and legacy precious metals prices and dealers require a minimum purchase amount, which can be a barrier to entry for some investors. With Legacy Precious Metals, anyone can start investing in new precious metals now, regardless of their financial situation.
Buy Metals at Home
Another great feature of Legacy Precious Metals is their ability to allow customers to buy metals live from their internet connection. This is a convenient and efficient way to make purchases, and it can save investors a lot of time and hassle compared to traditional methods of buying precious metals.
One of the key benefits of this feature is the ability to make purchases in real-time. Legacy Precious Metals’ website displays up-to-date prices for gold, silver, platinum, and palladium, allowing customers to track market fluctuations and make purchases at the most opportune time.
Additionally, the online purchasing platform allows customers to view their order history, track their shipment, and access other account information in real time, making managing their precious metals and other investments much easier.
The online investing platform is the easiest way to buy gold and silver online. Follow these easy steps and you can browse inventory and track your portfolio within minutes!
1) Use the form below to create an account.
2) Once your account is created, you can choose how to fund your account.
3) Buy, sell, or simply just browse until you make a decision on what to invest in.
Variety of Products
In addition to these features, Legacy Precious Metals also offers a variety of products for investors to choose from. They offer gold, and silver coins), platinum, and palladium coins, bars, and rounds, so investors can find the products that best suit their needs and preferences. They also offer various brands and mints, so investors can choose the products they feel most comfortable with.
For example, some investors may prefer to invest in government-issued gold bullion bars and coins, while others may prefer private mint bars or rounds. Similarly, investors may have different preferences for the size and weight of their investments, which can also be accommodated by the range of products offered by Legacy Precious Metals.
Another benefit of the variety of products is that it allows investors to choose from a range of different brands and mints. This can be particularly important for investors concerned about their investments’ provenance and quality.
By offering products from multiple sources, Legacy Precious Metals allows investors to choose the brands and mints that they feel most comfortable with based on factors such as reputation, quality, and authenticity.
Available Resources
Another thing that sets Legacy Precious Metals apart from other dealers is its focus on education. They offer investors a wealth of resources and information, including articles, videos, and guides covering everything from the basics of precious metals investing to more advanced strategies and techniques.
This is a great resource for investors who are new to the world of precious metals, as well as those who are more experienced and looking to expand their knowledge. If you prefer tangible investments, the resources provided here are sure to help you expand your entire portfolio.
Customer Service
Finally, it’s worth noting that Legacy Precious Metals has a strong commitment to customer service. They have a team of knowledgeable and friendly representatives who can answer questions and provide guidance throughout the investment process. They also offer a buyback program, which allows customers to sell back their precious metals to Legacy Precious Metals at fair market value.
One of the key benefits of this customer service is that it can help investors feel more confident and informed about their precious metals investments. Whether customers have questions about the products offered by Legacy Precious Metals or need assistance with ordering, the company’s representatives are available to provide guidance and support.
Buyback Program
Legacy Precious Metals also has a buyback program. This program allows customers to sell back their precious metals ira, to the company at fair market value. It can be a valuable option for investors who need to liquidate their own, legacy precious metals, gold ira, metal, metals review other metal metals needs, or make other legacy precious metals review other metal investments now.
The buyback program is a testament to the company’s commitment to long-term relationships with its customers, and it provides investors with an added level of confidence in their investments.
All of these features and services combined make it clear that Legacy Precious Metals is a great option for investors looking to diversify their portfolios and protect their wealth.
Shipping and Handling
The shipping and handling process is an important consideration for investors purchasing precious metals. Legacy Precious Metals takes great care to ensure that all orders are shipped safely and securely, and they offer a variety of shipping options to meet the needs of their customers.
When placing an order with Legacy Precious Metals, customers can choose from various shipping options, including standard, priority, and overnight shipping. All orders are packaged discreetly and securely, with tracking numbers provided to allow customers to monitor the progress of their shipments.
In addition to these shipping options, Legacy Precious Metals also offers insurance coverage for all shipments. This coverage protects customers if their order is lost, stolen, or damaged during shipping.
Payment Options
Another important consideration for investors purchasing precious metals is the payment options available. Legacy Precious Metals offers a variety of payment options to meet the needs of its customers, making it easy and convenient to place an order.
When placing an order with Legacy Precious Metals, customers can pay using various methods, including wire transfers or checks. Customers can also use PayPal and cryptocurrency; the company offers financing options for larger orders, allowing customers to transfer money payments over time.
It’s worth noting that certain payment methods may come with additional fees or processing times. For example, wire transfers may be subject to additional fees from the bank, and checks may take several days to clear before the order can be processed.
Transaction Security
When investing in the precious metals industry, it’s important to ensure that your transactions are secure and protected from potential fraud or hacking. Legacy Precious Metals takes transaction security very seriously and has implemented various measures to protect its customers’ personal and financial information.
One of the key ways that Legacy Precious Metals ensures transaction security is by using SSL encryption to protect all online transactions. This encryption ensures that all data transmitted between the customer’s device and Legacy Precious Metals’ servers are secure and protected from potential interception or hacking.
In addition to SSL encryption, Legacy Precious Metals also employs a variety of other security measures, such as firewalls and intrusion detection systems, to protect against potential cyber threats. The company also undergoes regular security audits to ensure that its systems and processes are up-to-date and effective.
Pros and Cons of Legacy Precious Metals
Here are a few pros and cons of investing with Legacy Precious Metals.
Pros
- Convenient online purchasing: Legacy Precious Metals offers a user-friendly website that allows investors to purchase precious metals from the comfort of their own homes. This can save time and hassle compared to traditional methods of purchasing precious metals.
- Wide variety of products: Legacy Precious Metals offers a wide range of products, including gold, silver, platinum, and palladium coins, bars, and rounds, as well as a variety of brands and mints. This allows investors to find the products that best suit their investment goals and preferences.
- Secure transactions: Legacy Precious Metals takes transaction security very seriously and employs various measures, including SSL encryption and regular security audits, to ensure that customer transactions are secure and protected from potential cyber threats.
- Strong commitment to customer service: Legacy Precious Metals has a team of knowledgeable and friendly representatives who are available to answer questions and provide guidance throughout the investment process. The company also offers a buyback program, which allows customers to sell back their precious metals at fair market value.
Cons
- Limited educational resources: While Legacy Precious Metals does offer some educational resources for investors, such as a blog and FAQs section, these resources may not be as extensive as those offered by some other precious metals dealers.
- Limited international shipping: Legacy Precious Metals currently only ships to a limited number of international destinations, which may limit the company’s appeal to investors outside the United States.
- Market volatility: Like all precious metals investments, the value of the metals purchased through Legacy Precious Metals can be subject to market fluctuations, which may result in potential losses.
Investing with Legacy Precious Metals
Precious metals have been valued for their rarity and intrinsic worth for thousands of years, making them a popular investment option to hedge retirement portfolios for many people. But is investing in precious metals a smart choice for modern investors’ retirement portfolios?
One of the key reasons that investing in precious metals can be a smart choice is that they can provide a hedge against inflation and economic instability. Unlike paper currency, precious metals like gold, silver, platinum, and palladium have a finite supply and cannot be printed or artificially created.
This means that they are less vulnerable to fluctuations in the economy and the value of fiat currency. During times of economic uncertainty or inflation, the value of precious metals tends to rise, providing a valuable safeguard for investors.
Another reason that investing in precious metals can be smart is that they offer diversification benefits for investment portfolios. Precious metals often have a low correlation with other asset classes, such as stocks and bonds. Meaning investing in precious metals can help spread investment risk across a range of different assets, which can reduce the overall volatility of a portfolio and potentially increase long-term returns.
Additionally, precious metals can provide a store of value and a haven asset, during geopolitical or global financial turmoil. When stock markets or currencies experience significant volatility, investors may turn to precious metals as a way to protect their wealth and hedge their own individual retirement accounts, savings, or portfolios against losses.
Of course, it’s always important to do your due diligence before making investment decisions. This means researching the stock market yourself, understanding the risks and rewards of precious metals investing, and working with a reputable dealer who can help guide you through the process.
Who Should Use Legacy Precious Metals?
Legacy precious metals, such as gold, silver, and platinum, have been used as a store of value and currency for thousands of years. While they are still valued by many investors and collectors today, certain individuals may find them particularly useful.
- Investors looking for a haven: Legacy precious metals are often viewed as a “haven” investment, meaning they are a store of value during times of economic uncertainty or market volatility. This makes them a popular choice for investors who want to diversify their portfolios and protect their wealth from inflation or other economic risks.
- Collectors looking for rare or historical items: For some collectors, the value of legacy precious metals lies not only in their intrinsic value but also in their rarity or historical significance. Collectors may seek out rare or historical items for their collections, which can appreciate over time.
- Individuals seeking to hedge against geopolitical risks: Precious metals can also be used as a hedge against geopolitical risks, such as wars or political instability. In these situations, legacy precious metals may provide a safe and portable means of storing value that can be easily transported across borders.
- Those concerned about the stability of fiat currencies: Legacy precious metals may also be appealing to individuals who are concerned about the stability of fiat currencies. Since precious metals have intrinsic value, they are less vulnerable to fluctuations in currency value, making them a potentially more stable store of value in the long run.
Should I Invest in Legacy Precious Metals?
Investing with Legacy Precious Metals, investment metals such as gold, silver, and platinum, can be a wise choice for certain investors. However, before you invest in gold or make any investment decision, it’s important to consider a few other alternative investments as key factors.
- Your investment goals: Before investing with Legacy Precious Metals, it’s important to consider your investment goals. Are you looking for a haven investment, a hedge against geopolitical risks, or a way to diversify your portfolio? Understanding your investment goals can help you determine whether legacy precious metals are the right choice.
- The current market conditions: Like any investment, the value of legacy precious metals can be affected by market conditions. Before investing, it’s important to research the current market conditions and consider factors such as supply and demand, inflation, and geopolitical risks.
- Your risk tolerance: Investing with legacy precious metals can be a relatively low-risk investment, but it’s important to consider your risk tolerance before investing. Precious metals can be volatile and subject to price fluctuations, so it’s important to be prepared for potential losses and gains.
- The cost of investing: Investing with legacy precious metals can involve transaction fees, storage fees, and insurance costs. Before investing, it’s important to understand these costs and factor them into your investment decision.
Regarding finding a reputable dealer, Legacy Precious Metals is a company worth considering. I have invested in bullion directly on their website, but my gold IRA is housed with Goldco Direct. I urge you to read my review of them if you are looking to safeguard your retirement. With their solid reputation, transparent and competitive pricing, and commitment to customer service, they have everything investors need to feel confident and secure in their investment decisions.
Customer Satisfaction and Experience
Legacy Precious Metals has a strong reputation for providing high-quality customer service and support. Customers have praised the company for their knowledgeable representatives, responsive support, and commitment to ensuring a positive investment experience.
Many customers appreciate the convenience of purchasing precious metals online and having them shipped directly to their door. In contrast, others have noted the wide variety of products and brands available through Legacy Precious Metals.
The company’s buyback program, which allows customers to sell the stock market and back their precious metals at fair market value, has also been praised by customers as a valuable feature.
My Gold IRA is With Goldco!
Why Did I Choose Goldco?
- Best Overall Company & Most Trusted in the Industry
- Customers Have Acquired Over $2 Billion in Precious Metals
- Get Up to $10,000 in FREE Silver With Qualifying Purchase
- A+ BBB Rating. 7 Time Inc. 500 Award Winner
FAQs
Read on to learn more about the most frequently asked questions regarding Legacy Precious Metals.
What is Legacy Precious Metals?
Legacy Precious Metals is a precious metals dealer selling gold, silver, platinum, and palladium bullion coins and bars. Consumers enjoy Legacy Precious Metals for the experience and security the company provides. If you’re looking for a gold-backed IRA, want to gain tangible assets through actual metals, and gain a valuable asset for a worry-free retirement, look no further than Legacy Precious Metals.
What types of products does Legacy Precious Metals offer?
Legacy Precious Metals offers a wide range of products for customers, including gold, silver, platinum, and palladium bullion coins and bars. They also offer collectible silver coins and rare coins, as well as individual retirement accounts such as precious metals IRAs.
Is Legacy Precious Metals a reputable company?
Yes, Legacy Precious Metals has a reputation as a reputable and trustworthy precious metals dealer. The Better Business Bureau accredits the company and has an A+ rating. They also have positive reviews on consumer review websites.
How can I purchase products from Legacy Precious Metals?
You can purchase gold products from Legacy Precious Metals through their website or by calling their toll-free number. They accept payment via credit card, bank wire, or personal check.
What is Legacy Precious Metals’ return policy?
Legacy Precious Metals has a 14-day return policy for all products, provided they are in their original packaging and the same condition as when they were received. Returns are subject to a 5% restocking fee. Your refund may take a bit to process, but it should clear in only a few days.
Does Legacy Precious Metals offer storage services?
Legacy Precious Metals offers storage services for precious metals purchased through their company. They offer segregated storage, allocated storage, and home delivery options. Storage fees vary depending on the type and amount of precious metal being stored.
Does Legacy Precious Metals offer precious metals IRAs?
Yes, Legacy Precious Metals offers precious metals IRAs, which allow investors to hold physical precious metals in an IRA account. They offer both traditional and Roth IRA options, and their IRA department can assist with setting up and managing the account. IRAs are a wonderful way to secure your long-term financial freedom.
About Tim Schmidt
Tim Schmidt is an Entrepreneur who has covered retirement investing since 2012. He started IRA Investing to share his expertise in using his Self-Directed IRA for alternative investments. His views on retirement investing have been highlighted in USA Today, Business Insider, Tech Times, and more. He invested with Goldco.
