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Preserve Gold Review

Reviews 71
Preserve Gold
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Preserve Gold
Preserve Gold
Excellent
Reviews 71
Bridget Nalwoga
Jan. 22, 2024
4 min read
Bridget
Preserve Gold Summary
Preserve Gold is one of North America’s leading precious metals firms and a founding member of the Precious Metals Association. Preserve Gold offers precious metal IRAs and physical gold and silver for personal ownership. One of many highlights of this company is its commitment to education, especially with beginner investors. Additionally, they do not charge buyback fees when you sell your metals back to them.

Pros

  • No liquidation fees
  • Fast, free, insured shipping
  • Hundreds of 5-star reviews and zero complaints listed with BBB

Cons

  • Only services clients located in the United States
  • No option to purchase metals online

Preserve Gold at a glance

9.2
Editorial score

Years in Business

5 years or less
8.0

Minimum IRA Investment

$10,000 or less
10.0

Diversification

Gold & silver; physical assets & IRAs
9.0

Customer Service

Phone with days & hours listed, plus online form and email
9.0

Online Experience

Interactive precious metals price charts and an up-to-date news feed
10.0

Preserve Gold in a Nutshell

Years in business1
Minimum IRA investment$10,000
Fees- $200 annual IRA fee (waived up to 5 years)
Services offered- Precious metals IRAs
- Physical assets, including gold, silver, palladium, and platinum
Suitable forNew and experienced investors alike
Online experience- News and research page with the latest in the precious metals industry
- Free gold and silver investment guide
- FAQs on precious metal IRAs
- Fees not listed on the website
- Interactive price charts

Overview

Preserve Gold is a leading precious metals provider founded by Daniel Boston. The team has over 30 years of combined experience in the precious metals industry and is one of the only BBB-accredited companies in the industry with zero consumer complaints. Notably, the company has a policy of no buyback fees and matches or beats competitor pricing with a focus on price transparency.

Preserve Gold's extensive product catalog includes gold, silver, palladium, and platinum bars, rounds, and coins. You can purchase these for direct delivery to your home, or these assets can be placed in a Precious Metals IRA which Preserve Gold can help you set up. The minimum investment amount for home delivery purchases is $5,000, and the minimum investment for an IRA is $10,000. The company can also assist with arranging storage.

Suitable for?

I’d recommend Preserve Gold to investors just starting their journey with precious metals. They offer a low minimum investment to get started and lifetime access to a precious metals specialist. In case of any questions, you can call Preserve Gold to speak to a specialist. The company also makes an effort to educate customers on the precious metals market before they invest. 

For example, it has a regularly updated blog on its website, and you can sign up for an email newsletter. You can also request a free guide that covers information such as how these assets tend to perform and how to decide which precious metal is right for you.

Preserve Gold might also suit those looking to switch their IRAs to precious metals. With a minimum investment of only $10,000, Preserve Gold offers investors an accessible entry point to the benefits of incorporating precious metals into their IRAs.

Terms and Fees 

In addition to meeting the minimum purchase or investment amounts, you’ll pay an annual fee of $200 when you open your precious metals IRA account. Preserve Gold waives this fee for up to five years based on the dollar amount being invested.

Preserve Gold’s spreads vary from product to product, so you’ll have to confirm this while setting up your account. Shipping and insurance are always free. If you decide to sell your metals back to Preserve Gold, you won’t have to pay liquidation fees.

Annual Fee$200 per year
SpreadVaries by product
Shipping fee$0
Minimum IRA investment$10,000
Minimum purchase amount$5,000

How It Works

Investing with Preserve Gold is very easy. To open a precious metals IRA, you’ll have to call the company to speak to a specialist, who will help you fill out any necessary paperwork over the phone.

After the specialist files the paperwork, funds will auto-transfer to your precious metals account in as little as three days. Once your transfer is complete, you can choose which metals to purchase. If you’re investing in an IRA, you have to store your metals with one of Preserve Gold’s secure and fully insured storage partners.

To purchase precious metals outside an IRA, you’ll still need to speak to a specialist. After you agree to buy, your specialist will tell you how to fund your Preserve Gold account. You can use a personal check, bank wire, cashier's check, money order, or credit card. 

The specialist will get in touch when they get your payment. You can either arrange storage with Preserve Gold or get your precious metals sent to your home. If you choose the latter, the specialist will let you know the date of dispatch and send you tracking numbers by email. 

Your metals will be sent with free, insured shipping, usually within a week of payment clearing.You are not responsible for the precious metals until after you have signed for them. The next day, your specialist will check in to make sure everything is to your satisfaction.

After a purchase has been made, you will immediately receive an invoice from Preserve Gold itemizing the transaction for your review. They are so confident in their services, they give you 24 hours to cancel for any reason without penalty. This unique policy ensures transparency and client satisfaction.

Help and Support

If you need help, you can reach Preserve Gold via phone at 844-517-0021 or via email at info@preservegold.com. You can call the number directly or schedule a session at a more suitable time. The phone lines are open Monday-Friday, 7am-5:30pm (PT). 

I would recommend calling the number over reaching out via email. Even if you send an email, the support team will ask for a phone call. Fortunately, reaching the company via phone is quick and easy.  

To keep you up to date with what’s happening in the world of precious metals, Preserve Gold shares news and research on its website and email newsletter. It publishes original articles one to three times every month. It also shares news from other reputable sources about three times a week.

FAQs

Can I transfer my Roth retirement account to a Roth precious metals IRA?

Yes, you can transfer your traditional Roth IRA to a precious metals IRA. For personalized advice based on your tax situation, consult your tax advisor.

Can I include a mix of precious metals in a Gold IRA or Silver IRA?

You can hold a combination of IRS-approved gold, silver, platinum, and palladium bars or coins in a precious metals IRA.

Can I keep the gold and silver from my Precious Metals IRA at home?

No. While some companies may suggest this, it's not recommended. IRS rules require physical precious metals to be stored in an approved depository or vault. These facilities are specifically designed and use advanced technology for securing precious metals, and your holdings are fully insured. Preserve Gold specialists can help you choose a suitable depository. 

Conclusion

Preserve Gold offers numerous benefits that make it stand out from the competition. These include excellent customer care, price matching, and zero buyback fees if you choose to sell back to the company. Preserve Gold doesn’t list its fees on the website, but you can request them via phone or email. 

Overall, Preserve Gold’s helpful guide and information resources make it ideal for any investor, especially anyone just getting started with precious metals.

Methodology

We compiled this review with information from Preserve Gold’s website, customer reviews, and the company’s customer service department.

Bridget
Written by
Bridget Nalwoga
Bridget is a nutritionist with a Master’s degree in Human Nutrition and a passion for sharing her knowledge. A health and wellness writer of 2+ years, she has written content for various brands, including Perfect Keto and PlanKetogenic. Bridget excels at explaining complex nutrition information using simple language that everyone can understand.
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