Planning for your financial future can feel overwhelming, especially when it involves something as valuable as precious metals investments. With so many precious metals dealers in the market, it can be difficult to figure out which one is the right fit.
In this Priority Gold review, we’ll take a closer look at whether this company can meet your needs and how it stands out in the crowded precious metals industry.
Since market volatility affects traditional investments, many investors are turning to gold and silver products as a way to keep their portfolios secure. But how do you know if Priority Gold offers what you need?
Well, in this review, we’ll see what customers are saying about the company, look into its competitive pricing, and learn how the company rates with the Better Business Bureau and the Business Consumer Alliance.
By the end of this review, you’ll have a clearer picture of how this legitimate company works, what makes its offerings different, and whether it delivers excellent customer service.
Your goal is to protect your future, so you’ll want to buy gold with confidence. Let’s see if Priority Gold stands up to the hype and whether it deserves a place in your strategy for precious metals IRAs.
What You Should Know About Priority Gold
Priority Gold is a California-based company that focuses on helping people invest in precious metals such as gold and silver. Since starting in 2015, it has worked with customers throughout the U.S. and earned an A+ rating from the Better Business Bureau. The company’s website is secured with SSL, which gives users confidence when browsing or making transactions.
Its main focus is on gold and silver products, offering options such as gold and silver bullion coins, rare coins, and even 10-ounce silver bars. However, it doesn't provide investments in platinum or palladium.
Many of its products are IRA-approved, which means that they are eligible for self-directed accounts such as Traditional IRAs, Roth IRAs, and SEP IRAs. This makes it easy for customers to build a diversified portfolio using physical gold through their priority gold IRA.
Priority Gold makes it simple for investors to roll over existing retirement accounts into precious metals IRAs. Its website offers a lot of helpful resources, including a free IRA guide, a blog, and a glossary to explain basic investment terms. The setup process for an IRA gold account is straightforward, with step-by-step support available along the way.
Essentially, the company is known for excellent customer service, with representatives who are friendly, professional, and eager to help. They provide useful advice on gold and silver products, retirement savings strategies, and precious metal IRAs.
If you’re looking to buy physical gold or silver coins, Priority Gold offers competitive pricing and personalized assistance. You can contact Priority Gold for more information or browse customer feedback through various Priority Gold reviews to get a sense of others’ experiences.
What Does Priority Gold Offer?
Priority Gold's offerings include many gold and silver products, such as bullion coins, rare coins, and 10-ounce silver bars, all eligible for precious metal IRAs.
If you're setting up a gold IRA or adding more precious metals to your collection, you'll find popular choices such as:
- Gold Canadian Maple Leaf
- Gold American Eagle
- Gold American Buffalo
- Gold Austrian Philharmonic
- Silver Canadian Arctic Fox
- Silver American Eagles
- Silver Canadian Polar Bear
- Silver Canadian Gyrfalcon
This legitimate company offers competitive pricing, and large orders qualify for discounts. Cash purchases over $10,000 come with free shipping and one year of insurance. If you roll over more than $50,000 into a gold IRA, the company covers your storage and admin fees for the first year.
In addition to selling gold and silver, Priority Gold offers help with retirement planning, including portfolio management and advice. The company guides customers through setting up precious metal IRAs with its Gold IRA Starter Program, which makes the process easy to understand and free of charge.
Why Choose a Precious Metals IRA?
A precious metals IRA can be a great way to diversify your retirement savings. It adds an extra layer of protection against inflation, market swings, and economic slumps. With a gold IRA, you’re allowed to hold physical assets such as gold and silver coins or bullion bars in your retirement account (following IRS guidelines).
Gold and silver have held value for thousands of years, which makes them trusted options during uncertain times. Many investors see gold as a “safe haven” when markets get unpredictable. Since precious metals are limited resources, their value tends to rise over time, and this can make them appealing to long-term investors.
Another reason many people look into gold IRAs is for the tax perks. Contributions to precious metals IRA are tax-deductible, and you won’t pay capital gains taxes on profits made inside the account.
These benefits make it easier to grow your retirement savings. If you’re wondering about moving a 401(k) into a gold IRA without penalties, it’s definitely worth exploring.
How to Set Up an IRA Account
Setting up an IRA account with Priority Gold is simple. Here’s how it works:
1. Open Your Account
First, open an individual or joint account with Priority Gold. To get started, provide some basic details like your name, address, and Social Security Number.
2. Choose a Beneficiary
Designate who will receive your IRA assets when you pass away. You can select one or multiple beneficiaries to inherit your savings.
3. Fund the Account
Essentially, you can fund your IRA through cash, a rollover from another account, or a transfer from another retirement plan. Priority Gold offers custodial services to make the transfer process smooth.
4. Buy Precious Metals
Once your account is set up, you can start buying gold and silver coins, bars, or rare coins that meet IRS requirements. You can buy or sell assets in your account whenever you like, giving you flexibility with your investments.
Custodian and Storage Options
Priority Gold works with Preferred Trust Company to handle custodial services for gold IRAs and other self-directed retirement accounts. Preferred Trust, an independent retail trust company founded in 2007, is based in Las Vegas and provides reliable services that follow IRS rules.
Through this partnership, customers can securely store their precious metals, whether in Traditional IRAs, Roth IRAs, or SEP IRAs. Essentially, Preferred Trust offers a few different storage options, including segregated, allocated, and unallocated storage, depending on what you need.
While Priority Gold doesn't list specific depository names, the metals are stored safely with top-tier U.S. partners.
What Customers Are Saying
Customers generally have positive things to say about Priority Gold’s services. Many appreciate the competitive pricing, along with other perks such as free shipping and insurance on larger purchases.
Priority Gold’s staff is also recognized for being helpful and knowledgeable, which can make the process smoother for both new and experienced investors. Customers say the excellent customer service adds to their confidence when managing gold IRAs and other precious metal investments.
The company holds an A+ rating with the Better Business Bureau (BBB) and a AAA rating with the Business Consumer Alliance (BCA). On review sites such as TrustLink, the company has earned 5-star reviews, which shows that it maintains high standards and professionalism across its services.
Pros and Cons of Choosing Priority Gold
Every investment option comes with its advantages and drawbacks, and Priority Gold is no exception. While the company offers solid benefits such as competitive prices and great customer service, there are a few limitations to consider.
This quick breakdown will help you weigh the pros and cons so you can decide if Priority Gold aligns with your goals for precious metals investments and retirement planning.
Reasons to choose Priority Gold:
- Competitive pricing on precious metals
- Excellent customer service with knowledgeable staff
- Reliable custodial services through Preferred Trust Company
- Strong ratings and positive reviews from customers
Things to consider:
- Limited selection of precious metals - mostly coins, with fewer bullion bars or rounds
- No live chat option for quick customer support
While Priority Gold offers great service and fair pricing, it may not meet everyone’s needs if you prefer a wider range of metals or expect live chat for immediate help during your retirement planning.
Is Priority Gold a Scam?
Priority Gold is a legitimate company that offers self-directed IRAs and precious metal investments. It holds an A+ rating from the BBB, which shows that it’s a trustworthy option. On top of that, it has earned a AAA rating from the Business Consumer Alliance and 5-star reviews from TrustLink.
The company is accredited by the Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS). These independent organizations grade coins and ensure that Priority Gold follows industry standards, delivering quality products to customers.
For custodial services, Priority Gold partners with Preferred Trust Company, a certified retail trust company. Preferred Trust ensures compliance with IRS regulations and offers reliable support for those setting up self-directed IRAs.
Many customers speak highly of Priority Gold’s services. Reviews often mention competitive prices, free shipping with insurance on larger orders, and helpful customer service. The company’s knowledgeable staff provides support throughout the process, which can make it easier for investors to manage their accounts.
Overall, Priority Gold has built a solid reputation for being a reliable option for those interested in investing in precious metals or setting up self-directed IRAs. It’s a good option to consider if you’re looking for transparency, strong ratings, and dependable customer support.
For full transparency, I did not invest here, but they are a solid firm. I chose to invest with this company - read my full review why.
Other companies that offer gold and silver are the US Gold Bureau, and AcreGold.
Final Verdict on Priority Gold and Its Gold IRA
Priority Gold is a solid option if you’re looking to invest in precious metals. The company stands out with its competitive prices, helpful customer service, and positive reviews from customers.
Many appreciate the free shipping and insurance on larger orders, which adds extra value. Its partnership with Preferred Trust Company makes it easy to set up self-directed IRAs, giving investors peace of mind with secure custodial services.
While Priority Gold offers great products, the selection leans more toward coins than bullion bars or rounds, which might not suit everyone’s preferences. Also, the lack of live chat might be a downside for those who want quick answers online.
If you want to diversify your savings with physical assets and value a reliable team that supports your goals, Priority Gold could be the right fit. It’s worth considering for anyone serious about precious metals and long-term financial planning.
