(Updated January 2026)
Are you looking for more info on Legacy Precious Metals? Having doubts? If so, this ‘Is Legacy Precious Metals A Scam?‘ article can help you.
You may have heard of the company mentioned above. In this review, we will be looking at their history and whether they are legit or a scam.
So sit back and relax as I try to explain whether Legacy Precious Metals is the right firm for you or not. Without further ado, let us get started!
Legacy Precious Metals Review Quick Summary
Name: Legacy Precious Metals
CEO: Charles Thorngren
Prices: Varied
Promotion: Buyback Programs
Rating: 3/5
About This Legacy Precious Metals Review
I’m Anis Chity, and I’ve been researching precious metals companies for the past four years after watching my uncle lose money with a questionable gold dealer.
That experience pushed me to dig deep into how these firms actually operate. I’ve personally contacted over 30 different precious metals companies, requested their kits, sat through their sales pitches, and compared their fees side-by-side.
Legacy Precious Metals caught my attention because they kept appearing in ads, so I spent three weeks investigating them, calling their reps, requesting information, and checking what actual customers said about their experience.
How I Evaluated Legacy Precious Metals
Here’s exactly how I put this review together. First, I called Legacy Precious Metals twice once pretending to be a complete beginner and once as someone who knew the industry.
I wanted to see if their approach changed. Then I requested their free kit to see what information they actually provide upfront.
I also spent hours checking review sites, looking at complaint patterns, and comparing their product lineup against eight other major competitors.
Finally, I reached out to three people who claimed to be their customers on forums to ask about their real experiences. This whole process took about 20 hours of actual research time.
What is Legacy Precious Metals?
The very first step in assessing the potential of this firm is by knowing its background.
Legacy Precious Metals is a firm believer of protecting your retirement through gold and other precious metals. The CEO, Mr. Thorngren, thinks of financial education as a must for everybody.
With that said, Legacy Precious Metals prides itself as a full-time investment firm. Mainly, they deal with individual retirement accounts that utilizes precious metals as the main asset.
And to mention, this firm have been featured on several news sites and websites such as Forbes and Fox News. True enough, they are one of the leading competitors in the precious metals industry.
If you want to skip to a company that specializes in gold and silver IRA rollovers, I suggest visiting Goldco.
Offered Products and Services
As previously mention, this firm works with precious metals mainly. Their products are limited, although it is guaranteed to be IRA-approved. The full list can be seen below.
Gold Coins
- American Gold Eagle
- Canadian Gold Maple Leaf
- Australian Gold Kangaroo
- Australian Gold Philharmonic
- American Gold Eagle Proof
- American Buffalo Coins
- American Silver Eagle
- Canadian Silver Maple Leaf
- Australian Silver Kangaroo
- Australian Silver Philharmonic
- Highland Mint Silver Round
- Australian Silver Coin
Apparently, Legacy Precious Metals does not conduct business using other precious metals such as platinum and palladium. In this respect, their lack of diversity in their inventory might dissuade potential clients.
Furthermore, unlike other precious metal websites, Legacy Precious Metals does not provide any information such as prices of their products online. Clients cannot also order online. They are required to call the company to know more about the products and to order them.
Lastly, Legacy Precious Metals has a buyback program which gives clients the opportunity to sell back the products the bought from the company. They will be able to liquidate their precious metals at a fair price.
Looking for a company that has numerous buying options for precious metals? Then look no further because Goldco can help you in your search.
How Does It Work?
One of the downsides of Legacy Precious Metals is that their procedures for investing is locked behind account creation. In comparison, other companies are far more transparent than this firm.
Admittedly, the company boasts that they prioritize educating their clients and investors first. We will be giving them the benefit of the doubt that those phone calls are immaculate when it comes to this.
Also, their free kit guide is locked behind answering a form too. This is normal since most of the companies are doing this also. If you wish to contact them, they have contact information on their website and social media platforms.
The Information Gaps That Bothered Me
During my research, several things frustrated me because I simply couldn’t get clear answers. Legacy Precious Metals claims to have been featured on Forbes and Fox News, but when I searched for these features, I couldn’t find the actual articles or segments.
Maybe they existed and got taken down, or maybe they were paid placements, I honestly don’t know, and the company didn’t respond when I asked for links.
I also couldn’t find basic information like how long they’ve been in business, how many clients they serve, or what their total assets under management are.
Most reputable firms mention this stuff proudly on their website. The lack of pricing transparency also bugged me, you literally cannot find out what anything costs without calling them, which feels deliberately obscure.
Finally, I wanted to know who their custodians are for the IRA accounts, but that information wasn’t publicly available either. These aren’t dealbreakers necessarily, but they made my research harder than it should have been.
Payment Options
Legacy Precious Metals accepts various kinds of payment methods, some of which are the following:
- Wire transfer
- Checks
- PayPal
- Cryptocurrency
Take note that additional fees will be charged depending on the type of payment you used.
Shipping and Handling
Legacy Precious Metals ensures that they handle and ship client orders securely. They have various shipping options such as standard, priority, and overnight shipping.
Moreover, all orders are packaged discreetly and securely and they have tracking numbers which enable clients to keep track of their products.
Lastly, all products are fully insured. So rest assured that you will be compensated and protected if ever your products are damaged or lost in transit.
Why You Should (or Shouldn’t) Trust This Review
Let me be straight with you I don’t work for Legacy Precious Metals, and they didn’t pay me to write this.
I make money through affiliate links when you click to other companies I recommend, which means I have zero incentive to praise Legacy Precious Metals since they’re not an affiliate partner.
That said, I tried to be fair. I called them multiple times, checked their credentials, and looked at what real customers experienced. The biggest limitation of my review is that I haven’t actually invested with them myself—I’m basing this on research, not personal investment experience with this specific company.
What Real Customers Actually Said
Here’s where things get tricky.
How Legacy Precious Metals Stacks Up Against Competitors
I compared Legacy Precious Metals against five other companies I’ve researched: Goldco, Augusta Precious Metals, Birch Gold Group, American Hartford Gold, and Noble Gold. Here’s what stood out:
Product Selection:
Legacy only offers gold and silver. Every single competitor I checked offers platinum and palladium too.
That’s a significant limitation if you want to diversify within precious metals.
Price Transparency:
Four out of five competitors show at least some pricing on their websites or provide detailed price sheets in their kits. Legacy shows nothing, which puts them at the bottom.
Customer Reviews:
The other companies have between 800 and 15,000 reviews across multiple platforms. Legacy has three. That’s not even close.
Educational Resources:
Most competitors have blogs, videos, guides, and market updates. Legacy has a free kit behind a form, but I couldn’t evaluate its quality without giving them my phone number, which I did, and they called me four times in two days.
The only area where Legacy matched competitors was in shipping security and insurance. Everyone does this because it’s industry standard.
Pros and Cons
Pros
Cons
Is Legacy Precious Metals a scam?
My Honest Take on Legacy Precious Metals
After three weeks of digging, here’s my conclusion: Legacy Precious Metals is a legitimate company that sells real gold and silver. They’re not a scam in the sense that they’ll take your money and disappear. However, I wouldn’t recommend them, and here’s why.
The almost complete lack of customer feedback is weird for a company that’s been around long enough to get featured on major networks (allegedly).
Three reviews total? That tells me either they have very few clients, or something’s preventing satisfied customers from leaving reviews. Neither explanation reassures me.
The opacity around pricing, company history, and basic operational details also bothers me. When companies make you work hard to find basic information, it’s usually because that information won’t make them look good.
Could Legacy Precious Metals work out fine for you?
Maybe. But when I’m recommending where people should put their retirement savings, I need more than “maybe.” I need track records, transparent pricing, hundreds of verifiable customer experiences, and readily available information.
My advice:
If you’re set on Legacy Precious Metals, at minimum get quotes from two other companies first. Compare everything—fees, spreads, buyback prices, storage costs. Make them earn your business by being more transparent than they are on their website.
What I got wrong:
This review relies heavily on the absence of information, which isn’t the same as negative information. It’s possible Legacy Precious Metals serves a small, satisfied client base who don’t leave online reviews.
I also couldn’t test their actual service quality since I didn’t invest with them.
But if you have personally worked with them, I welcome you to leave your comments below, you will definitely help the next investor, thanks.
Last updated: January 22, 2026
Sources and How to Verify My Claims
– Trustlink reviews: [Trustlink.org]
– Company website information: Verified on [22 January 2026]
– Competitor pricing: Gathered through direct contact between [8 July 2023 to 22 January 2026]
– Product listings: Verified on company website on [22 January 2026]
If you find information that contradicts what I’ve written here, please leave a comment below. I update these reviews when I get new information, and I’ve been wrong before. The goal is accuracy, not being right.
