TV, radio, and online ads frequently air commercials for businesses that claim to be able to help you profit from precious metal investments. You require a seasoned business with a stellar track record if you wish to add gold, silver, platinum, or palladium coins to your investing portfolio.
You must open a self-directed IRA that has been approved for precious metals in order to open a precious metal investing account. Rules for these IRAs are different from those for traditional IRAs.
You must select an authorized custodian to oversee your money when setting up a precious metal IRA. Additionally, investors are required to keep their precious metals in an FDIC-insured bank’s safe deposit box or an authorized depository.
It might be difficult to keep up with the IRS regulations for Gold IRAs. You may maintain good relations with the IRS by using a reliable business. You can pick which precious metal firm is best for you by reading in-depth reviews for businesses like Preserve Gold Group.
Keep on reading this Preserve Gold Group review to know more about this company:
Protect Your Wealth & Get Huge Tax Savings!
Finding Out More Information About This Reputable Gold IRA Company
Although Preserve Gold Group is a new player in the precious metal investing market, its executives have a combined 30 years of experience in the sector.
Preserve Gold Group is a retailer of gold, silver, platinum, and palladium with offices in Woodland Hills, California.
Investors can open a precious metals IRA and browse their options of precious metals that are accepted by IRAs. Preserve Gold provides a free investor reference to new clients.
Preserve Gold Group, which was established in July 2022, aspires to deliver five-star client service. They pledge to behave honorably, fairly, openly, competently, and consistently. The Preserve Gold Group’s professionals put an emphasis on forming connections with clients and educating them so that investors are comfortable with their choices.
Regarding the Founder’s
In 2022, Daniel Boston established Preserve Gold Group. Boston worked as a Senior Director at American Hartford Gold before to founding the business. Preserve Gold Group lists Jennifer Good as one of its owners. Because the company is new, there isn’t much information available online regarding the founders of Preserve Gold Group.
Custodial Options
Any custodian who passes their vetting process will be accepted by Preserve Gold Group. However, the ideal custodians are Horizon Trust Company and Goldstar Trust Company.
These businesses have good standings. The majority of investors can benefit from their fee arrangements.
Additionally, Preserve Gold Group favors cooperating with certain depositories. Delaware Depository, International Depository Services, and Texas Precious Metals Depository are these recommended depositories.
Costs and Prices
The online physical precious metals catalog of Preserve Gold Group offers details on several precious metals, both IRA- and non-IRA-approved. There are no current prices listed in the catalog.
You must get in touch with the business or fill out the web form if you want prices for specific products. An interactive price chart for gold, silver, platinum, and palladium can be seen on the business website.
Additionally, Preserve Gold Group’s website does not have a cost schedule. Although the prices and fees are not listed on their website, they assert that they provide full-price transparency for all costs and fees connected to their accounts.
For all transactions, they do provide free shipping with insurance. The business does have a no-fee buyback policy and will match pricing offered by rival businesses. Unlike other suppliers of precious metals, the business provides a 24-hour cancellation period.
Products and Services Offered
The products that are IRA-approved are clearly marked on the website of Preserve Gold Group. Customers can restrict their search to precious metals that have IRA approval. Investors can buy well-known goods like:
American Gold Eagle
American Gold Eagle proofs
Gold Twin Maples
Gold Maple Leaf
Gold RoseCrown Guinea
Canada Gold Gyrfalcon
Australian Gold Eagle Ray
.999 Gold bars
American Silver Eagle
American Silver Eagle
Silver Twin Maple
Silver Polar Bear and Cub
America the Beautiful series coins
Silver bars
Platinum Kangaroo
Platinum War of 1812
The Preserve Gold Group offers an extensive list of precious metals that are accepted by IRAs. Additionally, non-IRA coins like the Liberty Head Double Eagle are available for purchase.
All IRA-authorized purchases must be kept in a depository that has been approved and is overseen by a custodian of precious metals. The Preserve Gold Group partners with established depositories and custodians in the sector.
Preserve Gold IRA
If you are currently covered by a retirement plan, you are probably thinking why you should join a Gold IRA. Throughout economic crises like stock market declines, rising inflation, or concerns of government shutdowns, precious metals typically maintain their value or even gain. The value of your precious metal investments may increase if there is a political catastrophe, such as a war or a global pandemic.
You can get assistance from Preserve Gold Group with the creation and funding of a precious metal IRA. The experts at the organization can assist you in rolling over or transferring your present retirement account into a Gold IRA.
If you don’t have a retirement account, you can start a new Gold IRA and fund it with a cash contribution. If you already have a retirement account, you might be able to transfer or roll over your account into a standard or Roth Gold IRA.
You must speak with a Preserve Gold Group consultant regarding IRA eligible precious metals. To manage the account, you must select a custodian who has been granted approval. For the custodianship of Gold IRAs, Preserve Gold Group works with reliable companies such as Goldstar Trust Company and Horizon Trust Company.
You will then select a depository to keep your precious metals after choosing your custodian. The Texas Precious Metals Depository, the Delaware Depository, and International Depository Services are partners with Preserve Gold Group.
Direct Sales
Gold and other precious metals are directly sold by Preserve Gold Group. You can arrange for direct delivery of your purchases to the depository of your choice. Some investors favor having direct access to their assets.
Make sure you are adhering to the IRS rules if you would rather take physical ownership of your goods. Your investments are protected by physical ownership from third-party threats such as financial fraud and other crimes.
Clients are able to start their purchases by examining the online product inventory of Preserve Gold Group. Then, submit the online form or get in touch with a wealth preservation professional at the business. The experts at this company will assess your purposes and spending plan. They’ll create a personalized portfolio and make recommendations for what to buy.
Payment Procedures
The following forms of payment are accepted by Preserve Gold Group for purchases:
Personal check
Cashier’s check
ACH transfer
Money order
Credit card
The specialist will get in touch with you with tracking numbers after your money has cleared. All purchases are transported by UPS and are insured. Distinct labels are used by Preserve Gold Group. After you receive your order, your account professional will keep in touch with you to make sure you’re happy.
Is Preserve Gold Group a Scam?
Preserve Gold Group is one of the best and legitimate gold IRA companies. The Better Business Bureau gave the business an A- rating. On the BBB website, they have a 4.92 out of 5-star rating on average.
Customer testimonials emphasize their welcoming service, which aids in the knowledge and confidence development of novice investors. Preserve Gold Group’s industry expertise and professionalism are mentioned in other reviews.
Preserve Gold has an overall Trustpilot customer rating of 4.6 out of 5. Reviews from customers laud the business’s 24-hour cancellation policy.
New investors have noted in reviews that Preserve Gold Group staff members were thorough and patient when training new clients. One recent review with four stars said nothing unfavorable about the business.
The Trustpilot website has a coupon that customers can use. With this coupon, you may get free gold and silver worth up to $25,000 plus free delivery and insurance on your first buy.
Preserve Gold Group has received a five-star rating from Consumer Affairs. Customers laud the business’ exceptional customer service and education in its over 28 reviews. Investors also point to IRAs’ three-day funding window.
There are no reviews of Preserve Gold Group on Google or Yelp. Two Facebook pages for the business exist. There are no user evaluations on either page.
Pros and Cons
To help you decide if this company is worth dealing with, we incorporate the pros and cons in this Preserve Gold Group review. Here are some general pros and cons to consider when evaluating any precious metals company:
Pros
Ongoing Customer Service: Working with Preserve Gold Group has many advantages, one of which is that you’ll get lifetime account support. Investor assistance is a priority for Preserve Gold throughout the duration of their relationship with the business. Preserve Gold Group representative is always available to help.
Not only will your committed representative assist you in choosing the best precious metals, but your representative will also occasionally contact you with market information to keep you updated.
Wide Selection: Preserve Gold Group offers a broad range of precious metals, it can be a convenient one-stop shop for collectors and investors.
Buyback Commitment with No Fees: Preserve Gold Group additionally boasts a dedication to offering no-fee buybacks. This implies that once you become a customer, Preserve Gold won’t charge you a price for buying back metals. This allows investors to increase their profits and gives them a simple option to sell their excess precious metals.
Large Variety of Metals: An excellent category of precious metals is offered by Preserve Gold Group. On the website, you may especially locate a variety of gold, silver, platinum, and palladium. They also have a special filter if you’re specifically seeking metals that have been approved by the IRA.
Expertise: Knowledgeable staff or resources can help customers make informed decisions about their precious metals investments.
Educational Resources: Many reputable precious metals companies provide educational materials and resources to help customers understand the market and their options better.
A Good Reputation: It looks like Preserve Gold has gained a good reputation among its clientele. Most clients have been quite complimentary of the business. Preserve Gold Group doesn’t seem to hard sell investors, which was one of the things that appeared to be consistent in the majority of assessments.
This is advantageous for people seeking a reputable precious metals merchant who places a high value on education and high-quality goods.
Cons
Pricing: Prices for precious metals can fluctuate, and some dealers may charge higher premiums or fees.
Storage Fees: If using storage services, there may be ongoing fees associated with keeping your metals secure.
Shipping and Handling: Costs, timelines, and policies for shipping and handling can vary and may not always meet customer expectations.
Market Volatility: Precious metals prices can be subject to significant market fluctuations, which can affect the value of your investments.
Doesn’t Describe How It Delivers: The delivery method for precious metals is not explicitly described by Preserve Gold Group. It’s tough to know if the business charges for shipping, how long deliveries take, or how many items can be ordered at once without speaking with a representative. Call or submit the form for additional information.
Counterfeit Risks: It’s essential to be cautious about counterfeit precious metals and ensure the authenticity of any purchases.
Getting in Touch With Preserve Gold Group
Calling Preserve Gold Group’s toll-free number can connect customers with experts. From seven in the morning, experts are accessible to address inquiries. to 6 p.m. Standard Pacific Time. Emails can be sent to info@preservegold.com by customers as well.
Preserve Gold Complaints
Preserve Gold reviews reaffirm the firm’s dedication to lifelong client support and education. On Trustpilot, Preserve Gold has a rating of 4.4 out of 5. Numerous users commended Preserve Gold specialists for their prompt after-sale client care. The company has a 4.9 out of 5 star rating and an A- rating from the Better Business Bureau, with no complaints on file.
Final Reflections
A more recent business, Preserve Gold Group, places a high value on customer support and investor education. According to client testimonials, the wealth management experts at Preserve Gold Group are adept at assisting novice investors.
The specialists’ professionalism and patience are praised in many excellent reviews. The no-fee buyback and 24-hour cancellation policies may be welcomed by novice investors.
Despite being a new business, Preserve Gold Group’s asset management experts collaborate with depositories and custodians who have a lengthy history in the sector.
The website for Preserve Gold Group is simple to use. The available products are clearly shown in the online product catalog. Customers must speak with Preserve Gold, though, to learn about prices.
The website’s news articles and educational content may be helpful to novice investors. A live pricing chart displaying previous and present prices is another element of the website. Investors can use a necessary minimum distribution calculator to make retirement plans.
FAQs for Preserve Gold
Which metals are available from Preserve Gold?
Physical gold, silver, platinum, and palladium are available for purchase through Preserve Gold. These precious metals are also available for purchase for personal use.
How much does Preserve Gold typically cost?
The setup and annual costs charged by Preserve Gold custodians can reach $200 each, though Preserve Gold may waive these fees for a certain period of time based on the rollover amount.
My Preserve Gold metals can I keep at home?
While precious metals can be maintained at home, it may be best to store them in an IRA-approved depository vault that safeguards your valuables from theft or damage.
Does Preserve Gold buy back coins?
Yes, there are no liquidation fees for current clients as part of Preserve Gold’s buyback pledge.
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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.
