Welcome to my Dallas Gold And Silver Exchange Review!
(UPDATED JUNE 2023)
Are you looking for a reliable precious metals dealer to provide you with gold and silver?
Well, then chances are you came across this company during your research. This Dallas Gold And Silver Exchange Review will give you a better idea of who you're dealing with...
Are they legit or a scam? Well, you are about to find out... So let's get started.
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Dallas Gold And Silver Exchange Review Quick Summary
Name: Dallas Gold And Silver Exchange
CEO: James “Dusty” Clem
Price: Varies depending on your investments
What is Dallas Gold And Silver Exchange?
Dallas Gold And Silver Exchange is a wholesaler and retailer of precious metals, as well as fine jewelry, watches and diamonds, that is based in Dallas, Texas.
It is specialized in selling and buying gold, silver, platinum and palladium coins and bars. Moreover, it offers diamonds, watches, and wedding jewelry.
Dallas Gold And Silver Exchange was founded in 1965 and has been BBB accredited since 1990.
The BBB listed Jim Vierling as its principal contact and CEO. However, based on of the company's press releases, James “Dusty” Clem became the company's CEO in April, 2004, after Vierling's resignation.
Dallas Gold And Silver Exchange Products and Services
Dallas Gold And Silver Exchange offers a wide variety of precious metals and jewelry. Moreover, it also has IRA-eligible bullion in its inventory such as Canadian Gold Maple Leafs, American Gold Buffaloes, South African Gold Krugerrands, American Gold Eagles and Australian Gold Kangaroos.
The company also provides currency and rare coins in different grades such as, Mint state, Proof, Very good, Very fine, Uncirculated and Almost uncirculated.
As far as IRAs are concerned, there are no mentions that the company directly offers IRA storage services. However, its website does have a webpage that is about helping clients set up their IRA accounts.
This can imply that Dallas Gold And Silver Exchange works with various IRA custodians. So this means that the fees will depend on the custodian you will be working with.
But the two most important factors you need to consider when choosing custodians are:
- Reputation and ratings - companies with a lot of positive ratings and reviews are more reputable
- Pricing policies - sliding scale fees are more expensive than flat-rate fees in the long run
Lastly, Dallas Gold and Silver Exchange also buys products from its clients. You will receive money when you sell them your products. The company accepts luxury watches, diamonds, bullion and rare coins.
How does it work?
In order for clients to purchase products or inquire, they need to contact Dallas Gold And Silver Exchange. Currently, they have 6 branches in Texas. Check out their website to find out their contact details.
- Grand Prairie
Unfortunately, there are no ways to order online. Your only way is to call them.
What payment methods do you accept?
For bullion purchases, Dallas Gold and Silver Exchange accepts cash, debit, or checks. They require 10-day business hold on items paid via checks.
For jewelry purchases, they accept cash, credit, debit, PayPal, and wire transfers.
Do you offer financing?
Yes they do offer financing to all products except for bullion and watches.
What is your return policy?
All sales of fine watches, bullion clearance/final sale items and custom, sized, or engraved items are final, therefore they cannot be returned.
Sales of other items are given within 30 days of purchase for return. They will be given a full refund less 10% restocking fee.
Furthermore, returned items must include their original receipt, box, invoice, laboratory report, appraisal, warranty certificate and associated component parts.
Do you sell designer jewelry?
Yes they do. The brands are Tacori, Robert Coin, Cartier, Tiffany, James Avery, Kendra Scott and David Yurman.
Do you have gold plating services for vintage gold watches?
Currently, Dallas Gold and Silver Exchange does not offer this kind of service.
Dallas Gold And Silver Exchange Ratings and Reviews (June 2023 Update)
At the time of writing this Dallas Gold And Silver Exchange Review update (June 2023), I found the following online ratings and reviews of the company.
- BBB - 4.6 out 5 rating based on 5 reviews and 1 complaint, A+ rating and BBB accredited
- Yelp - 4 out of 5 rating based on 66 reviews
As you can see, Dallas Gold and Silver Exchange has fairly good ratings, however, the number of reviews it received is only few compared to its competitors.
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Dallas Gold And Silver Exchange Pros and Cons
Is Dallas Gold And Silver Exchange a scam?
Let's conclude this Dallas Gold And Silver Exchange Review by answering this question.
Dallas Gold And Silver Exchange is not a scam, but they appear to be out of business.
Even if it was not out of business, what makes it not hold a candle to the industry's leading companies today is that it lacked quite a few ratings and reviews. Moreover, the top companies offer more services.
If you wish to know the best precious metals firm, check it out here.
Thank you so much for reading my Dallas Gold And Silver Exchange Review! If you have any comments or questions, feel free to leave them in the comments section.