Preserve Gold Review: Precious Metal Protection
Content
April 30th, 2024
In today's uncertain economy, Preserve Gold steps up as a reliable partner for investors looking to safeguard and grow their money with tangible assets. They stand out as a growing player in the precious metals industry, offering investors a chance to diversify their retirement portfolios with gold, silver, platinum, and palladium. With a leadership team boasting over 30 years of experience, Preserve prioritizes customer education and satisfaction. This review explores the company's products, features, advantages, disadvantages, and more.
Pros
Cons
Content
Quick Stats
Preserve Gold at a Glance
The Preserve Gold Group, a family-owned company based in Woodland Hills, California, was founded in 2022 by Daniel Boston, a seasoned expert in the gold and retirement industries. Specializing in helping investors diversify their retirement portfolios, the company facilitates the purchase of silver, platinum, and palladium through self-directed IRAs, offering a full-service solution for rolling over existing retirement accounts into a Gold IRA. Preserve Gold prides themselves on providing a personalized approach, guiding clients through selecting and acquiring physical precious metals for their IRAs or home storage. The company's high emphasis on fulfilling their clients' investment goals and customer satisfaction, combined with their mission to educate and support customers, makes them a reliable and valuable partner for those seeking to protect their wealth with precious metals.
Products & Features
Preserve provides a suite of features tailored to investors seeking to diversify and safeguard their wealth through precious metals. The following are some of their key offerings:
Precious metals IRAs: Preserve Gold offers precious metals IRAs, which allow individuals to diversify and safeguard their wealth by investing in physical gold, silver, platinum, and palladium. These IRAs enable clients to hold tangible assets within their retirement accounts, serving as a hedge against economic uncertainty and inflation.
Precious metal coins: Preserve Gold offers a curated selection of precious metal coins, encompassing gold, silver, platinum, and palladium. These coins meet the IRS's purity standards for inclusion in gold IRAs and are eligible for purchase for clients' home delivery or holding within their self-directed IRAs.
Precious metal bullion: The company provides a range of precious metal bullion, including gold, silver, platinum, and palladium bars. These bullion products are readily available for purchase and delivery, offering clients a physical form of precious metals to incorporate into their investment portfolios. The company ensures that all bullion meets the required purity standards and can be held within self-directed precious metal IRAs, enabling investors to diversify their retirement savings with tangible assets.
Investing with savings: Investing with Preserve empowers individuals to utilize their savings to acquire physical precious metals, offering a means to protect and diversify their wealth. Clients can transfer or rollover funds from various retirement accounts, such as traditional, Roth, or SEP IRAs, 401(k) plans, 403(b) accounts, TSP, 457 plans, or other qualified retirement accounts, to invest in silver and gold coins or bars. By holding tangible assets like precious metals, investors gain control over their savings and fortify their financial goals against market volatility and economic fluctuations.
Other features they offer include:
Comprehensive educational resources: The company offers diverse educational materials, from e-books to market insights, empowering investors to navigate the gold market confidently and make informed decisions.
Lifetime support: Their dedicated Precious Metals Specialists provide personalized guidance and market insights to aid you throughout your investment journey, ensuring ongoing support tailored to your individual needs.
Diverse investment options: Preserve enables investors to purchase various precious metals, including gold, silver, platinum, and palladium, either for physical possession or as part of a gold IRA, accommodating diverse investment preferences.
Secure shipping & insurance: The company ensures the safe transit of your metals through UPS with full insurance coverage and discreet packaging, safeguarding your investments during shipment.
Transparent buyback policy: Their commitment to fair market prices means you can sell back your metals without worrying about liquidation fees, providing flexibility and transparency.
Secure storage solutions: Preserve Gold offers secure storage solutions at reputable facilities like the Delaware Depository for clients opting for storage. These facilities are known for their safety measures and constant auditing, ensuring the protection of clients' assets.
Metals delivered to your door: Preserve gold partners have the option to have their precious metals delivered to their doorstep. This convenient service allows investors to take personal possession of their metals, providing flexibility in managing their investments.
Compliance assistance: The company assists clients with compliance requirements, ensuring all transactions adhere to relevant regulations and guidelines. This commitment to compliance helps clients confidently navigate the complexities of investing in precious metals.
Pricing
Like many other gold IRA companies, Preserve's pricing isn't readily available on their website; instead, customers need to reach out to the company directly or complete an online form to obtain specific product prices. Moreover, the company doesn't disclose their fee structure or storage fees. Despite this, Preserve Gold offers enticing perks such as free, insured shipping and a hassle-free buyback policy. Furthermore, their 24-hour cancellation policy, a rarity among precious metal firms, adds an extra layer of convenience for buyers. Their price match policy also ensures customers get the best possible deal on their purchases.
Advantages
IRS compliance
Preserve simplifies IRS compliance by facilitating the transfer or rollover of retirement accounts into traditional or Roth Gold IRAs. These IRAs are managed by approved custodians such as Goldstar Trust Company and Horizon Trust Company. The metals are securely stored in approved depositories like the Texas Precious Metals Depository, Delaware Depository, and International Depository Services.
Metal spot pricing
Preserve Gold ensures transparency in metal spot pricing, enabling investors to make informed decisions based on current market values of precious metals. Interactive price charts on the company's website display the current spot price of precious metals, assisting investors in evaluating investment potential and the stock market.
Educational resources
Preserve Gold provides various educational resources, including eBooks, informational kits, and market outlooks, to help investors comprehend the gold market and make informed decisions. The company's specialists assess investors' goals and budgets, tailoring custom portfolios and recommending specific items for purchase based on individual needs and preferences.
24-hour guarantees
The company offers a 24-hour satisfaction guarantee, allowing investors to cancel a purchase within 24 hours and receive a refund, regardless of the reason. All purchases are insured and shipped via UPS with discrete labels for added security and privacy.
Free home safe for new clients
First-time company investors receive a complimentary home safe for storing their precious metals acquisitions, providing a secure home storage option. Customers can opt to have their purchases shipped directly to an approved depository or choose physical possession, ensuring compliance with IRS regulations and safeguarding investments against financial risks.
Disadvantages
Lack of transparency
Preserve has faced criticism for their lack of transparency across pricing information, the disclosure of custodian partners, minimum investment requirements, and even foundational establishment details. The need for customers to directly contact an account representative for these essential details underscores a significant gap in transparency on their website.
Recently established company
As a new company, Preserve inherently has a higher risk profile. Their status as an untried entity in the market raises concerns among investors, as they lack a track record to assess their reliability and performance. With no prior history or established reputation to lean on, potential customers may find it challenging to gauge the level of risk associated with entrusting their investments to them. This uncertainty adds another layer of apprehension for those considering engaging with the company.
Customer Experience
Due to their recent inception, Preserve's reviews may be relatively limited compared to those of more established companies. However, the existing customer reviews on various platforms, such as Trustpilot and Google, are overwhelmingly positive. This is evident from the high review scores on both platforms, with Trustpilot earning an impressive 4.8 out of 5 and Google receiving the same high rating of 4.8 out of 5.
Positive reviews:
Clients consistently praise the company's exceptional customer service for their knowledge, patience, and professionalism. Many reviewers specifically highlight the thoroughness of the education provided by the Preserve staff and their helpfulness in guiding customers through their precious metals investments. Additionally, customers appreciate the availability of representatives to answer questions and address concerns, as well as the attention to detail in ensuring that clients understand their investment options.
Negative reviews:
Feedback from various consumer review platforms addresses issues with delivery security or occasional delays. Additionally, one negative review mentioned a customer who expressed dissatisfaction with the company, alleging they didn't receive their order after making a payment. The company responded promptly, stating they had no record of the reviewer as a client and encouraging them to reach out for assistance.
How Do I Contact Preserve Gold?
To contact Preserve Gold, reach out to their Precious Metals dealers and Specialists at (877) 444-0923 or via email at [email protected] for assistance. You can also connect with them on social media platforms like Facebook, Twitter, and LinkedIn.
Takeaway
Established in 2022 and headquartered in Woodland Hills, California, Preserve Gold stands as a reliable choice for investors seeking to diversify and safeguard their wealth with precious metals. Despite some transparency concerns, the company's commitment to customer satisfaction shines through positive reviews and customer-centric policies. Offering a comprehensive suite of investment options, including Precious Metals IRAs and bullion products, they distinguish themselves as a dependable partner in the ever-evolving landscape of the precious metals market. With competitive pricing and a focus on compliance assistance and educational resources, Preserve is equipped to confidently guide investors through economic uncertainties.
For further insights and resources on precious metals investing, we encourage you to visit our blog for in-depth articles, market analysis, and expert tips. Additionally, you can use our comparison tool to evaluate different gold IRA companies and find the best fit for your investment needs. Don't forget to check out our curated list of top Gold IRA companies for additional guidance in your investment journey.
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