Selecting the right partner for your financial future is crucial, particularly when it comes to significant investments like precious metals.
Priority Gold aims to be a trusted name in gold IRAs and precious metals, offering services for both experienced investors and beginners.
But with many options out there, how can you be sure Priority Gold is the best choice for you? In this Priority Gold review, I’ll look at what makes Priority Gold different from others gold IRA firms.
By the end, you’ll have a better understanding of the company, customer experiences, and whether their services match your financial goals.
What is Priority Gold?
Priority Gold is a top gold IRA company that helps people invest in gold and silver. It started in 2015 and is based in Dallas, Texas, and Beverly Hills, California.
The company’s goal is to help people secure their financial future by adding precious metals to their investment and retirement plans. Gold and silver have historically been stable investments during times of uncertainty.
Priority Gold aims to be America’s trusted partner in precious metals investments. They focus on providing clear pricing, secure storage, and excellent customer service.
With customer satisfaction as their top priority, Priority Gold offers personalized services and transparent operations.
They encourage face-to-face meetings and one-on-one consultations to build long-term relationships with their clients.
The company’s dedication to excellence is evident in its numerous industry recognitions and positive client reviews.
Priority Gold specializes in gold and silver investments. Their product catalog includes gold and silver bullion coins, rare coins, and 10oz silver bars.
All their products are verified for IRA accounts and can be used in Traditional IRAs, Roth IRAs, and SEP IRAs. While they do not offer platinum or palladium, their focus on gold and silver ensures specialized and expert advice in these areas.
The company also helps diversify portfolios through IRA accounts that feature physical precious metals. They offer investment advice and portfolio management services, including asset allocation, tax-loss harvesting, and retirement planning.
The team at Priority Gold has over 20 years of combined experience and is dedicated to helping both new and experienced investors make responsible precious metal purchases.
Why Choosing Priority Gold?
Why Priority Gold? Trust experienced professionals with a proven track record. Their knowledge of precious metals and practical advice has earned top ratings: BBB A+, AAA with Business Consumer Alliance, and five stars on Trust Link.
- Proven track record
- Expertise in precious metals
- Practical advice
- BBB A+ Rating
- AAA Rating with Business Consumer Alliance
- 5-Star Rating from Trust Link
- Expert team to guide you
Let their expert team help you invest wisely and confidently.
Products Offered by Priority Gold
In this part, I’ll look at the different products that Priority Gold offers. Priority Gold is well-known for its wide variety of options that suit the needs of both investors and collectors.
Here’s a detailed look at what they offer and how you can buy their products:
Gold
I think you’ll love the amazing variety of gold coins and bullion from top mints around the world. The Austrian Mint’s Gold Philharmonic 1 Oz is a stunning piece with a great design.
The Four Nations 2024 Gold Bullion Coin Range shows off unity and craftsmanship. From the Royal Canadian Mint, you have to check out the beautiful Gold Arctic Fox, the majestic Gold Gyrfalcon, the classic Gold Maple Leaf, and the adorable Gold Polar Bear & Cub.
For collectors and those looking to invest, the South African Mint Gold Krugerrand is a well-known and trusted option.
The St. Gaudens Gold Double Eagle has a rich history and is a collector’s dream. The United States Mint offers some top choices, too, like the impressive Gold American Buffalo 1 Oz, the special Gold US BU Proof $5, the historic Liberty Gold Double Eagle, and the elegant Proof Gold American Eagle 1 Oz. Each coin is a unique mix of history, art, and value, perfect for any collection.
Silver
They offer everything from small coins to big silver bars, perfect for all collectors and investors. I think 1 Oz Silver Rounds are great for beginners.
You can easily view and buy them. If you want something bigger, check out the 10 Oz Silver Bar. It’s a solid choice for a bigger investment.
The Four Nations 2024 Silver Bullion Coin Range is very detailed and beautiful. From the Royal Canadian Mint, I love the Silver Arctic Fox, Silver Gyrfalcon, and the famous Silver Maple Leaf. They also have the Silver Polar Bear and the cute Silver Polar Bear & Cub coins.
The United States Mint has some fantastic pieces, too. I like the Morgan Silver Dollar and the Proof Silver American Eagle 1 Oz. The Silver America The Beautiful 5 Oz is also a standout.
If you’re into historical coins, the Silver Franklin Half Dollar and the Silver Kennedy Half Dollar Bu 1964 are great choices.
The Silver Walking Liberty Half Dollar is a classic and very beautiful. Every piece here has its own charm and value, making them great additions to any collection.
Special Offer: Up to $5,000 in Free Silver
When you buy a certain amount with Priority Gold Group, you can get up to $5,000 in free silver. This special offer helps you grow your wealth with valuable assets. You can choose to invest in an IRA or receive the silver directly.
They also offer free shipping and free storage, which saves you even more money. To see if you qualify for this amazing deal, call them at 888-506-6439.
For new buys that meet certain types and amounts, either for an IRA or direct delivery, Priority Gold Group gives up to $5,000 in free precious metals.
The amount of free silver you get depends on what you buy. Not all buys will qualify, and there is a minimum amount you need to spend.
Free metals for IRAs will be added to your IRA account. For full details and any rules or limits, please contact Priority Gold Group directly.
3 Simple Steps to Purchase Gold and Silver from the Company
Buying gold and silver from them is a simple process designed to help you meet your investment goals. Their team of experts is ready to help you every step of the way.
Follow these three easy steps to start owning gold and silver:
- Contact Them: 888-506-6439: You can talk to their precious metals expert about your goals and options. Their team will give personalized advice that fits your needs, helping you understand everything clearly. This step is important for knowing what you want and the different choices available.
- Discover: You can learn why investing in gold and silver is a good idea and find out which option is best for your portfolio. Their experts will explain the benefits of gold and silver, such as their long-term value, stability, and growth potential. This step ensures you know how precious metals can be a valuable part of your investment plan.
- Acquire: You can get your gold and silver delivered securely to you. Once you choose the right investment, they will make sure your precious metals are delivered safely and quickly. This last step allows you to physically hold your investments, providing peace of mind.
By following these steps, you can easily invest in gold and silver with the help of their expert team and secure delivery service. Contact them today to start your investment journey.
How to Setup a Gold IRA Account with Priority Gold
Setting up a Gold IRA account might sound difficult, but Priority Gold makes it easy with just four steps. This section will walk you through each step in simple terms to help you understand how to add gold to your retirement plan, making it an important part of your diversified retirement strategy.
Step 1: Initial Consultation
First, you’ll chat with Priority Gold Group. This is when you can share your financial goals, ask questions, and understand how gold can fit into your retirement plan.
What You Can Expect:
- Personalized Attention: Account Managers will listen to your goals and concerns, providing info suited to your needs.
- Educational Resources: You’ll learn why a gold IRA is beneficial, such as tax perks, growth potential, and portfolio diversification.
- Clear Process Overview: They will explain the entire process, including picking a custodian, funding your account, selecting metals, and safe storage.
Step 2: Rollover and Fund Gold IRA
Next, you need to put money into your gold IRA. This can be done by transferring funds from another retirement account or adding new money. Understanding these methods will make the transfer smooth and help avoid tax issues.
Key Points:
- Rollover Process: You can transfer money from accounts like a 401(k) or a Traditional IRA into your new gold IRA, following IRS rules to keep your tax benefits.
- Simplified Paperwork: Priority Gold Group makes the paperwork easy.
- Choosing a Custodian: A custodian manages your IRA, handles transactions, and ensures everything follows IRS rules. Look at fees, services, and experience with precious metals.
- Choosing a Depository: Pick an IRS-approved place for safe metal storage. Consider storage fees, insurance, and security features.
Step 3: Tailoring Your Precious Metals Strategy
After your chat, you need to make a strategy that fits your financial goals. Priority Gold Group experts help you tailor your gold IRA to match your long-term plans.
Things to Think About:
- Assessing Goals and Risk Tolerance: Look at your goals, timeline, and how much risk you’re comfortable with to pick the right metals.
- Diversification Strategy: Different metals offer different growth and stability levels, helping diversify your retirement savings.
- Guidance on Metal Selection: Choose specific gold, silver, platinum, and palladium products for your gold IRA. Account Managers guide you in picking options that follow IRS rules.
- Market Insights: Get the latest market info to help you choose your metals.
- IRS-Approved Metals: Select gold and silver that meet IRS purity standards. Managers will guide your choices to fit IRS requirements and your investment needs.
Step 4: Finalizing Your Gold IRA
Finally, you’ll finish setting up your gold IRA. This includes completing paperwork, confirming your funding method, and working with your chosen custodian and depository.
Final Steps:
- Complete Paperwork: Ensure all documents are correctly filled out.
- Confirm Funding Method: Verify how you’ll fund your IRA.
- Coordinate with Custodian/Depository: Work with your custodian and depository to complete the setup.
Starting your gold IRA journey with Priority Gold Group means teaming up with experts who genuinely care about your financial success.
Their personalized approach ensures every step, from the first chat to the final setup, is focused on what’s best for you.
Priority Gold’s Buyback Program: How Does it Work?
If you bought a product from them, you’re automatically eligible for their Buy Back Policy. When you want to sell a product, they make it easy for you.
The price you get depends on:
1. The buy-back option you choose,
2. The market conditions at the time, and
3. Overall demand from other customers,
While they can’t promise a set price, they can assure you a market under one of their three buy back options.
Their 3 Buy Back Options
With Priority Gold’s Buy Back Policy, you have three ways to sell part or all of your investment:
1. Sales on the Open Market
This option is for those who want to set the sales price themselves. You can sell to the public at a price you decide, either directly or through online auctions. While this may take more time and effort, you might get a higher price compared to the other options.
2. Immediate Liquidation
With this option, they will buy back your metal at the current wholesale price. Your metal will be turned into cash or cash equivalents when they sell it to a national wholesaler. This is a good choice if you need to sell your products quickly.
This option is best for bullion products. It is also available for Investment Grade Coins and Numismatic Coins but usually offers a lower price than Options 1 or 3. If you need a fast sale, this option is for you.
3. Sales on Consignment
This option is great for those who don’t need to sell immediately and want a higher price. It is available to clients for investment-grade and Numismatic products bought from Priority Gold and held for 60 months or more.
This option is not for bullion products like bars and rounds. They will price your products based on the current market and use their consignment process.
Priority Gold charges an 18% fee to find and secure another buyer. If you want a higher price and can wait for them to sell your product, ask about their consignment process.
Priority Gold’s Preferred Custodian and Storage Options
I think it’s great that Priority Gold works with Preferred Trust Company, a reliable custodian for gold IRAs. Established in 2007 and located in Las Vegas, Preferred Trust Company is an independent and certified Retail Trust Company.
They manage IRA accounts and ensure all their products are IRA-verified, which means they can be used for self-directed retirement accounts like Traditional IRAs, Roth IRAs, and SEP IRAs.
Preferred Trust Company follows all IRS rules to keep your precious metals safe. They offer different storage options: segregated, allocated, and unallocated, and work with various depository partners across the United States. However, Priority Gold doesn’t specify the names of these partners.
Storage Solutions
- Segregated Storage: Your investments are stored separately from others, giving you enhanced security and direct access to your assets.
- Allocated Storage: Your metals are specifically identified and separated from the company’s assets, ensuring they are recognized as distinctly yours.
- Unallocated Storage: This is a more flexible option that might save you some money because the metals are pooled together instead of being individually identified.
Priority Gold and Preferred Trust Company’s partnership ensures your investments are safe and meet all legal requirements. This gives you peace of mind, knowing your investments are secure and compliant with the necessary regulations.
Customer Reviews and Ratings for Priority Gold
I think Priority Gold does a great job, based on what I’ve seen from different review sites.
- The Better Business Bureau (BBB) gives them an “A” rating and a good score of 4.33 out of 5 from 13 reviews. This says to me that people trust them quite a bit.
- Trustpilot also has nice things to say about Priority Gold. They have a score of 4.6 out of 5 from 31 reviews. This shows that many people are happy with their service.
- Then there’s TrustLink, where they have a perfect score of 5 out of 5, based on 44 reviews. This really tells me that they excel in customer service and product quality.
Lastly, People had different experiences with Priority Gold. Many were very happy, saying the team was smart and helpful. They liked the good communication and felt safe buying gold. They said the service was great and prices were fair.
On the other hand, one person was very unhappy. They felt lied to about how much their gold and silver were worth, losing a lot of money.
They called it a “Gold IRA Scam” and warned others to check their account values. Overall, most people loved the service, but one person had serious concerns about honesty.
What are Customers Saying About the Company?
Their happy clients speak about their great service.
- Timothy W. gave Priority Gold 5 stars for handling his complicated account transfer and saving him thousands of dollars, with nothing in return for themselves.
- Milton L. liked the professional service and fast delivery of American Eagle gold coins, which are a good investment.
- Aleta loved the excellent customer service and moved all her business to Priority Gold after bad experiences with another company.
- Kelly P. was thankful for the easy advice on protecting her retirement. Dylan K. appreciated the help with understanding the market and choosing the best products for his IRA.
- Dana H. and Meryle P. both recommend Priority Gold for their excellent support in investing in precious metals.
Pros and Cons of Priority Gold
When thinking about investing in precious metals, it’s important to know the pros and cons of Priority Gold. This company is known for good prices and great customer service. These are important for investors.
Pros:
- Good Prices: Priority Gold offers prices that are lower than many others. This helps you spend less and make more money.
- Great Customer Service: The company is known for being helpful and friendly. Customers often praise how professional and supportive the staff are.
- Trusted Custodial Services: Working with Preferred Trust Company, Priority Gold makes sure your investments are safe and follow all rules.
- Positive Reviews: Many customers leave good reviews online, showing they are happy with the service.
Cons:
- Limited Product Choices: If you want different types of precious metals, you might find their selection too small. They mostly offer coins, not bars or other metal types.
- No Live Chat: The company does not have a live chat option. This can be a downside if you need quick help.
Knowing these pros and cons is important for making a smart investment with Priority Gold. This helps you find the right fit for your investment needs.
Is Priority Gold a Legitimate Company?
I think Priority Gold is a trustworthy company. They are shown on big sites like Forbes Advisor, Best Money, Newsmax, and Fox 47.
From what I found, they have good customer reviews and a clear way of doing business. This makes them seem reliable.
In my opinion, because they are mentioned on major media sites and people are happy with their service, Priority Gold is a good choice for investing in gold and silver. But always make sure to check everything yourself before you invest.
Conclusion
Priority Gold is a trusted dealer in precious metals, focusing on simple and customer-friendly services. They offer a variety of products at fair prices and provide clear information to help investors make smart choices.
Although they have a smaller online presence and a few minor customer complaints, these issues don’t overshadow their strong reputation.
Whether you’re new to investing or have experience, Priority Gold is a good option. They are known for their honesty and great customer service.