Texas Precious Metals Review 2023: Scam or Safe?

Choosing the best precious metals company from a sea of options might be challenging. Investors are in a difficult situation because of the fear of being a victim of a scam.

We set out on a quest today to solve the puzzles involving Texas Precious Metals.

This in-depth guide will explain the company’s products, and services, and how it compares to the competitors. Say goodbye to confusion and uncertainty as we delve into the world of Texas Precious Metals!

Protect Your Wealth & Get Huge Tax Savings!

Unlocking the Treasure Chest: Exploring Texas Precious Metals

Think of a Texas-based company, born in 2011, that has since skyrocketed to become the largest precious metals dealer in the entire United States. Yep, you guessed it – that’s Texas Precious Metals (TPM).

TPM isn’t just an ordinary player in the precious metals firm. They’re proudly part of the American Numismatic Association (ANA), Certified Coin Exchange (CCE), and the precious metals Industry Council for Tangible Assets (ICTA). These affiliations speak volumes about their credibility.

In 2014, TPM boasted an annual revenue of a staggering $153.3 million, all with a relatively modest team of about 12 employees. Since their inception in 2011, they’ve facilitated transactions exceeding half a billion dollars. Impressive, right?

TPM operates on both the virtual and physical fronts. Plus, there’s a brick-and-mortar retail location right in the heart of Texas.

Texas A&M University took notice in 2014, recognizing Texas Precious Metals as the fastest-growing Aggie-led or Aggie-owned business on a global scale.

Inc Magazine chimed in too, ranking them at position 200 among the fastest-growing American Private Companies in 2015.

Texas Precious Metals doesn’t just deal in metals; they deal in value. Their mission is clear: to provide clients with top-notch products, pocket-friendly and competitive prices, an effortless ordering experience, and customer service that’s nothing short of fanatic.

Texas Precious Metals website is like a treasure trove of information. It’s designed to help customers navigate their precious metals journey with ease.

Texas Precious Metals: Your Gateway to Precious Metals

If you’ve got a hankering for precious metals, Texas Precious Metals (TPM) has got you covered.

Texas Precious Metals boasts an inventory that’ll make any precious metals enthusiast’s heart skip a beat. But they don’t stop there; they also offer platinum and palladium.

If you’re eyeing other precious metals for your IRA, Texas Precious Metals’ got the goods. Many of their gold bars and silver coins are eligible for precious metals IRAs, making it a seamless process to diversify your retirement portfolio.

Here’s a taste of what Texas Precious Metals has in store for your IRA:

Gold Texas Precious Metals Products:

  • American Gold Buffalo
  • Gold Canadian Maple Leaf
  • American Gold Eagle
  • Austrian Gold Philharmonic
  • Australian Gold Kangaroo

Silver Products:

  • Canadian Silver Pronghorn Antelope
  • Silver Britannia
  • American Silver Eagle
  • Canadian Silver Maple Leaf

Platinum Products:

  • Canadian Platinum Maple Leaf
  • American Platinum Eagle

Precious Metals as Your Wealth Insurance

In the vast world of gold investments, precious metals often raise questions. Are they a safe bet? How do they stack up against other options? Well, let’s dive into this treasure trove of insights.

The Gold Paradox

Now, here’s where it gets intriguing. Gold becomes a star player when its price is compared to other assets.

Picture this: gold maintains its value, while other asset classes take a nosedive, plummeting by a staggering 50%. What does that mean for the savvy investor? It’s like doubling your purchasing power.

So, even if the dollar value of your gold hasn’t skyrocketed on paper, in the grand scheme of things, your wealth has multiplied.

Not Your Typical Investment

First things first, precious metals like gold and silver are a unique breed. They aren’t your traditional income-generating investments.

Unlike stocks or bonds, gold and its precious companions don’t churn out dividends or interest. They’re what experts call “dead assets.” But here’s the kicker – they’re an exceptional store of wealth.

Precious metals are hailed for several reasons:

Intrinsic Value: They come with built-in value, so there’s no need to worry about credit risks.

Inflation Fighters: They stand as a sturdy hedge against the eroding power of inflation.

Diversification Magic: Since they dance to their tune, unrelated to stocks and bonds, they’re your go-to for portfolio diversification.

Seamless IRA Rollovers with Texas Precious Metals

Investing in precious metals through an Individual Retirement Account (IRA) can be a smart move for your financial future. Texas Precious Metals (TPM) understands this, and they’ve got you covered with their IRA rollover services.

A Team of Experts by Your Side

Whether you’re new to the world of self-directed IRAs or a seasoned investor, they’re here to make the process a breeze.

The Simple Steps to a Self-Directed IRA

Creating your self-directed IRA with Texas Precious Metals is as easy as pie. Here’s a breakdown of the straightforward steps:

Find a Custodian

First, you’ll need a custodian or trustee for your account. You have the flexibility to choose one you trust, or Texas Precious Metals can connect you with reputable custodians who have been verified.

Fund Your Account

Once you’ve got your custodian in place, it’s time to fund your IRA. This lays the financial foundation for your precious metals investment.

Select Your Precious Metals

Now, the fun part begins. You get to choose the combination of precious metals that suit your investment goals and preferences.

Pick a Depository

Your precious metals need a safe home, and that’s where a depository comes in. Select the one that aligns with your needs.

Purchase Your Precious Metals

Once everything is set, it’s time to make your precious metal purchases. Texas Precious Metals takes care of the logistics, shipping your precious metals to your chosen depository as soon as your custodian makes a wired payment.

Their dedicated staff are here to assist you at every step, ensuring your self-directed IRA experience is smooth sailing.

Flexible Rollover Options

Texas Precious Metals offers a range of IRA rollover options to suit your financial goals. With TPM, your precious metals investments are in good hands, and your financial future is looking brighter than ever.

  • Traditional IRA rollover services
  • HSA (Health Savings Account)
  • Individual IRA services
  • Roth IRA
  • Coverdell
  • SEP (Simplified Employee Pension)
  • Simple

Secure Your Precious Metals with the Texas Precious Metals Depository

Once you’ve made the wise decision to buy precious metals, the next crucial step is securing your bullion. That’s where Texas Precious Metals Depository comes into play – it’s your go-to storage solution for both IRA customers and individual investors.

This isn’t your run-of-the-mill storage facility. Texas Precious Metals’ depository is a state-of-the-art, fully rated underground class 2 and 3 vaulting and logistics center. And here’s the icing on the cake – it’s fully insured by Lloyd’s of London.

Why TPX’s Depository?

Let’s break down why Texas Precious Metals’ depository is the smart choice:

Affordable Rates

Texas Precious Metals offer low monthly rates that won’t break the bank.

No Hidden Fees

Say goodbye to withdrawal fees – Texas Precious Metals keeps it simple.

Easy Setup

Setting up your storage is a breeze with their straightforward 3-step process.

Full Insurance

Your physical precious metals are 100% insured by Lloyd’s of London. This policy covers the total value of your metals and adjusts to market conditions.

In-House Security

Texas Precious Metal doesn’t outsource its security, ensuring top-tier protection.

Segregated Storage

Your precious metals are stored in a private, individually sealed, and fully segregated manner. No worries about commingling or allocation here.

Texas Precious Metals’ International Storage Partnerships for Peace of Mind

Texas Precious Metals doesn’t just stop at providing top-notch storage solutions within the United States. They’ve expanded their horizons by partnering with esteemed external storage vaults to offer even more options to their clients. One such partnership is with Strategic Wealth Preservation (SWP), located in the Cayman Islands.

Now, let’s shine a spotlight on why SWP is a game-changer:

Precious Metals IRAs

SWP is fully equipped and approved to serve as a storage facility for precious metals self-directed IRAs. It aligns perfectly with your investment goals.

World-Class Facility

SWP boasts a purpose-built precious metals depository that’s hailed as one of the safest and premier storage facilities globally. It’s independently owned and privately operated, ensuring top-notch service.


For North American investors, this partnership presents an excellent opportunity to internationalize tangible assets.

Key Features of Strategic Wealth Preservation

Storing your precious metals with Strategic Wealth Preservation through Texas Precious Metals is not just a smart choice; it’s a no-risk, peace-of-mind storage option. Here’s why SWP is an international storage gem:

  • Direct ownership: You retain full control.
  • Comprehensive insurance: Your assets are fully covered.
  • Safe deposit boxes: Extra layers of protection.
  • Robust security: They take protection seriously.
  • Complete confidentiality: Your privacy is a priority.
  • Class 3 high-security vaults: Top-tier security measures.
  • Quick withdrawals: Easy access to your assets.
  • 100% segregated and allocated: Your holdings remain yours.

Selling Your Precious Metals with Texas Precious Metals

When you decide to sell your precious metals, Texas Precious Metals has you covered. They’ve designed a straightforward buy-back option to ensure a smooth experience.

Here is what you need to know when selling your precious metals with Texas Precious Metals:

Flexible Shipping Options

Texas Precious Metals provides convenient door-to-door pick-up and delivery services. However, if you prefer, you can opt for your preferred shipping and insurance provider. They want to accommodate your preferences.

Transparent Pricing

Texas Precious Metals doesn’t hide their buy-back prices; you can find them right on each product page.

Cost Considerations

If you decide to use the company’s shipping services, be aware that there might be a specific cost associated with sales exceeding $1,000.

Simple Selling Process

Texas Precious Metals ensures that you won’t experience any hassle in selling your precious metals. You can do so by following these steps:

  • Lock in Your Price: During the company’s working hours, simply give them a call to agree on the selling price.
  • Ship Your Precious Metals: Once the price is set, ship your precious metals bullion to the company within 24 hours. It’s a swift process that keeps everything moving.

After these details are sorted out, the company will send you an email containing instructions for overnight shipment. Your precious metals will be on their way the next day, making the entire process seamless and efficient. It is that easy!

Shipping Options

At Texas Precious Metals, they live by a simple rule: “If we don’t have it, we don’t sell it.” It’s a refreshing approach compared to some precious metals dealers who advertise products they don’t have in stock. In other words, when Texas Precious Metals lists an item, you can be sure it’s available and ready to ship.

Here’s how they handle shipments:

  • Fast Shipping: Once your payment is received, Texas Precious Metals swings into action. They aim to ship your order within three working days. It’s a quick turnaround that they rarely miss. But if they do, they promptly make things right.
  • Stay in the Loop: Texas Precious Metals keeps you informed every step of the way. When your order ships, you’ll receive an email complete with a tracking number. That way, you can easily monitor your shipment’s progress.
  • Peace of Mind: While your packages are in transit, rest assured that they’re fully insured. If, by any chance, there’s an issue like theft or damage, Texas Precious Metals will handle the necessary claim process and send you a replacement package.

Hear What Others Have to Say: Texas Precious Metals Reviews

When choosing a company to partner with, it’s always wise to do a bit of homework. After all, a company might boast big numbers in annual revenue but still leave customers feeling less than thrilled. That’s why checking out customer reviews and online ratings can be invaluable.

Here’s a glimpse into what people are saying about Texas Precious Metals on various review websites:

  • Yelp – 5/5 Stars (from 19 Reviews)
  • Better Business Bureau- A+ Rating (5/5 Stars) – Based on 2 Reviews

Of course, like with any business, there have been instances of less-than-satisfied clients. It’s important to mention that while most reviews are positive, there have been a few outliers. For instance, one customer reported an issue where unauthorized charges were made to their credit card.

Texas Precious Metals and Goldstar Trust Company Join Forces: A Win-Win for Customers

In a move set to benefit customers on both sides, Texas Precious Metals (TPM) and Goldstar Trust Company have joined hands to offer enhanced services.

Goldstar Trust Company, known for being one of the largest custodians of precious metals self-directed IRAs, has expanded its array of storage choices.

Texas Precious Metals Depository (TPMD), with its underground class 2 and 3 vaults, brings an extra layer of security to the table. These vaults are fully insured by none other than Lloyd’s of London, a name synonymous with trust and reliability.

What sets TPMD apart is its dedication to segregation. Your precious metals holdings remain entirely separate and individually sealed. There’s no risk of your assets getting mixed up with those of other investors.

Texas Precious Metals customers, on the other hand, get to enjoy Goldstar Trust Company’s rock-solid custodial services.

Texas Precious Metals Review: Final Thoughts

In the world of precious metals, Texas Precious Metals (TPM) may be relatively new, but it’s certainly making waves. Let’s take a closer look at what sets them apart.

TPM has garnered a handful of customer reviews, which isn’t surprising considering its newcomer status. This can sometimes be a double-edged sword.

While there might be fewer reviews, the company has the opportunity to make each one count.

When it comes to customer feedback, TPM is still finding its footing compared to some of its more established competitors. The absence of reviews on platforms like Trustlink and Trustpilot could be seen as a downside.

Despite being relatively young, TPM hasn’t gone unnoticed. In 2014, Texas A&M University recognized it as the fastest-growing precious metals dealer. These accolades hint at the company’s potential.

TPM’s 4/5 overall rating underscores its acceptability as a precious metals dealer. While it may not have the volume of reviews that some competitors boast, it’s clear that those who have engaged with TPM have had a positive experience.

Other Precious Metals Dealers:

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.