- A BBB rating
- Family-owned company
- One-on-one support
- 24-hour purchase guarantee
- No online purchases
- Limited to U.S. investors
Invest as little as $10,000 in gold, silver, platinum, and palladium bullion in a tax-advantaged IRA.
You will work with a dedicated specialist with lifetime support.
My Preserve Gold review covers this precious metals dealer’s investment options, account fees, guarantees, and potential downsides.
The Verdict for Preserve Gold
I’ve given them a rating of 9 out of 10.
Preserve Gold excels at investor-focused support to help you invest in the best precious metals with low investment minimums and competitive fees.
The company works with several of the most reputable self-directed IRA custodians and depository vaults. It also has many satisfied customers since its founding in 2022.
Criteria | Rating (out of 10) |
---|---|
Product & Service Offerings | 9 |
Pricing & Fees | 9 |
Guarantees | 9 |
Customer Experience | 9 |
Storage & Security | 9.5 |
Account Setup & Maintenance | 9 |
Reputation & Reviews | 8.75 |
Overall Rating | 9 |
In this review of Preserve Gold, I’ve followed GIC’s detailed criteria for evaluating the precious metals IRA company.
About Preserve Gold
Preserve Gold was founded in 2022 and is based out of Woodland Hills, California.
Investors across the United States can open a precious metals IRA or complete cash transactions with a budget-friendly $10,000 minimum investment in physical gold, silver, platinum, and palladium.
It is a family-owned precious metals dealer whose founder is Daniel Boston with extensive industry experience helping households invest in gold for retirement.
Before founding Preserve Gold, he was a senior account executive with a prominent gold IRA company.
While it’s a young company, I like that its core principles are integrity, transparency, and consistency.
It has many positive customer reviews so far praising the hands-on support from dedicated account representatives and transparency.
I also appreciate the 24-hour satisfaction guarantee, price-matching policy, and zero liquidation fees.
These benefits help ensure you get the best price quotes when buying or selling gold.
Another point worth noting is that Preserve Gold currently doesn’t promote celebrity endorsements which can skew individual decisions.
Instead, it currently relies on its reputation and word-of-mouth referrals. This is unique as many hire athletes and entertainers as paid spokespersons.
To be fair, they are usually customers who invest with a gold IRA, too.
Product & Service Offerings
You can easily invest in precious metals for retirement or taxable accounts.
Precious Metals IRA
You can open a tax-advantaged gold IRA with a $10,000 minimum investment to invest in physical metals shipped for free and stored at IRS-approved depositories at five U.S.-based locations of your choice.
There is an ample portfolio of IRA-eligible precious metals with the highest purity levels, usually 99.9% fineness) from official mints worldwide.
Your investment options include, but are not limited to:
- Gold: American Gold Eagle (coins and proofs), Canadian Gold Maple Leaf, Gold Rose Crown Guinea, gold bars.
- Silver: American Silver Eagle, Canadian Silver Maple Leaf, America the Beautiful series, Morgan Silver Dollar, Peace Silver Dollar, silver bars.
- Platinum: Platinum Britannia, Australian Platinum Koala, and platinum bars.
- Palladium: Canadian Palladium Maple Leaf, Palladium Bermuda Sea Venture, palladium bars.
Most investment choices are from the United States Mint and Royal Canadian Mint.
There is a good mixture of bullion coins to match your investment goals with competitive premiums.
You can also invest in modern proofs and antique rare coins within your IRA, such as the Saint-Gaudens Double Eagle or an American Gold Eagle Proof.
These coins have higher premiums and it can take longer to recoup your original investment costs, but they are popular holdings among long-term investors and collectors.
Preserve Gold’s preferred self-directed IRA custodians are GoldStar Trust and Horizon Trust Company to handle the tax reporting documents and ongoing account maintenance.
Gold & Silver Rounds
You can also purchase gold and silver rounds outside your retirement account as these products don’t meet the IRA requirements.
This is one of the only products specifically for cash transactions focusing your potential investment performance on the future melt value.
In comparison, many of the best gold IRA companies have more non-IRA offerings which can be important when you want additional flexibility with diversifying your portfolio.
Non-retirement purchases qualify for free fully-insured home shipping.
Pricing & Fees
The minimum investment is $10,000 for IRA and cash transactions.
This is one of the most affordable minimums in the industry. However, like most gold and silver IRA providers, you must inquire about prices by phone as online ordering isn’t available.
Some of Preserve Gold’s IRA fees include:
Setup fee for IRA | $50 |
Wire transfer fee | $30 |
Custodian administration fee | $175 annually |
Storage fees | $100 for non-segregated or $150 for segregated per year |
These setup and recurring fees are similar to other precious metals dealers.
Further, you can waive the $50 IRA setup fee with opening balances exceeding $20,000.
The buyback policy is also very transparent as you won’t incur liquidation fees when selling your metals.
Additionally, you can also receive up to $15,000 in free gold and silver with a qualified purchase.
Preserve Gold is a family-owned company committed to helping investors protect their wealth and retirement with physical precious metals.
Guarantees
There are two guarantees to ensure you get competitive prices.
24-hour satisfaction guarantee
You can cancel your order penalty-free for any reason within the first 24 hours. Several, but not all, competitors have a similar 24-hour cancellation period that provides flexibility if you decide your original purchase doesn’t match your investment goals or budget.
Further, you can use this time to compare prices from competitors. Preserve Gold will strive to match or beat the offer to spend less.
No liquidation fees
I like that you won’t pay liquidation fees when selling back your metals to Preserve. Some gold IRA companies collect this additional expense, further reducing your profit potential.
As a reminder, your buyback quote will most likely be lower than the spot price regardless of which dealer you sell to.
I suggest getting several quotes to find the best offer and Preserve Gold does its best to reward loyal customers.
Preserve Gold is a family-owned company committed to helping investors protect their wealth and retirement with physical precious metals.
Customer Experience
Phone support and email support are available Monday to Friday from 7 a.m. to 6 p.m. Pacific.
There isn’t an online chat feature or an FAQ library, as some alternatives offer as a resource to answer simple questions.
In addition to the product catalog, there are interactive price charts for the four precious metals it sells.
The online newsfeed also periodically posts economic-related articles beneficial to households seeking financial protection.
I find the Preserve Gold online website easy to navigate, although its educational resources are less plentiful than some competitors.
In comparison, some post more articles and alerts or host periodic webinars that can help inexperienced physical gold investors.
Regardless of which gold IRA company you choose, speaking with a specialist by phone is usually the best way to learn more about investing in precious metals and receiving in-depth market insights.
Storage & Security
Preserve Gold lets you choose from three precious metals depositories with different vault options and locations to schedule visits to view your holdings.
Delaware Depository
The Delaware Depository has vaults in Wilmington, Delaware and Boulder City, Nevada with segregated or non-segregated storage.
Assets are eligible for $1 billion in all-risk insurance through London underwriters.
International Depository Services
International Depository Services (IDS) has segregated storage in New Castle, Delaware or Dallas, Texas. Your deposits have 100% all-risk insurance through Lloyds of London.
Texas Precious Metals Depository
The Texas Precious Metals Depository (TPMD) in Shiner is 100% insured through Llloyd’s of London with segregated storage.
Account Setup & Maintenance
It usually takes less than a week to open your Preserve Gold IRA:
- Request a free precious metals guide: Receive a complimentary gold IRA kit by calling or completing an online contact form. You will work with a dedicated specialist.
- Fund your IRA: Your specialist helps you complete the application paperwork with your preferred IRA custodian. You can transfer an existing IRA or roll over a 401(k) to fund your self-directed IRA and place your first order.
- Free shipping: Preserve Gold delivers your IRA metals to the depository vault of your choice. Your IRA custodian and depository maintain records to verify your purchased metals are secure and IRS-compliant.
- Lifetime account support: You have one-on-one access to your account representative for the life of your investment to answer your investing questions, place future orders, or sell your metals.
This account setup process is similar to most competitors as you communicate by phone to manage your account, receive price quotes for potential investments, and place orders.
Reviews & Reputation
There are hundreds of positive Preserve Gold reviews that solidify it’s an excellent place to open a gold or silver IRA.
Even with a short business history, it has an excellent reputation across the various consumer rating platforms including Trustpilot, Trustindex, and Google Reviews.
Many customer reviews mention courteous, hands-on help where the dedicated representatives provide educational conversations without high-pressure sales tactics.
A few reviews also mention choosing Preserve Gold over well-established alternatives that care more about how much money you can invest—to generate bigger commissions—instead of establishing a long-term relationship.
I like the ability to develop a personal relationship.
One minor blemish is that Preserve Gold only has an “A” Better Business Bureau (BBB) rating, the organization’s second-highest possible score.
Customer reviews don’t influence this score but contributing factors include the time in business, response speed to complaints, and transparency.
While Preserve Gold is a young company, it has many positive customer reviews and partnerships with reputable IRA custodians and depositories to prevent gold scams.
In short, Preserve Gold seems trustworthy to me.
Preserve Gold Alternatives & Competitors
You may prefer these alternate gold IRA companies with longer business histories and potentially more non-IRA investment options.
Our Rating:
4.8
|
Our Rating:
4.5
|
Our Rating:
4.2
|
Minimum for IRA transfers:
$25,000
|
Minimum for IRA transfers:
$10,000
|
Minimum for IRA transfers:
$2,000
|
Goldco
Goldco sells gold and silver coins and bars with a $25,000 minimum investment. Annual fees range between $175 and $225 which are slightly more affordable.
Request Goldco’s free gold & silver kit
Birch Gold Group
Birch Gold Group sells gold, silver, platinum, and palladium with a $10,000 minimum investment. Annual fees are $225 for most IRA customers, depending on which depository you choose.
Request Birch’s free gold info kit
Noble Gold Investments
Noble Gold Investments minimum investment is $20,000 for its precious metals IRA. You can buy gold, silver, platinum, and palladium with a $225 annual fee.
International Depository Services (IDS) is the preferred depository partner with vaults in Delaware, Texas, and Canada.
Request Noble’s free gold guide
Is Preserve Gold Group a legit company?
Yes, Preserve Gold Group is a legitimate precious metals dealer for physical gold IRAs and cash transactions.
You will work with a knowledgeable representative one-on-one without high-pressure sales tactics.
There are many happy customers, but understandably, they hesitate to invest in a recent startup.
Start a conversation today with a free Preserve Gold precious metals guide.
FAQs
Who is the owner and CEO of Preserve Gold?
Preserve Gold is a family-owned company with Daniel Boston as its founder.
Does Preserve Gold have any pending lawsuits or complaints?
There are no current lawsuits or legal complaints against Preserve Gold.
Where is Preserve Gold located?
Preserve Gold operates from 21700 Oxnard St. Ste 430, Woodland Hills, CA 91367.
Preserve Gold is a family-owned company committed to helping investors protect their wealth and retirement with physical precious metals.
Priority Gold
Preserve Gold is a family-owned company committed to helping investors protect their wealth and retirement with physical precious metals.
Product Brand: Preserve Gold
4.5