Patriot Gold Group Review (Is It A Scam?) (Updated 2022)

May 12, 2022

Patriot Gold Group Review

Welcome to my Patriot Gold Group Review!

(UPDATED 2022)

If you are on the verge of making a decision whether you should buy from this company or not, it will really help you to read this Patriot Gold Group review.

It will show you everything you need to know about it. Is it a scam or is it legit?

Let's find out now!

Patriot Gold Group Review Quick Summary

Name: Patriot Gold Group

CEO: Jack Hanney

Price: Varies depending on your investments

Rating: 4/5

Patriot Gold Group Review logo

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IMPORTANT WARNING:

Whenever we talk about investments, being wary of scammers is a must. That is why it is very important to investigate first before dealing with precious metal dealers.

One effective method is to read reviews. Click here to check out my review on the top precious metals firm today.

What is Patriot Gold Group?

Patriot Gold Group is a precious metals company that offers various products, including IRA-eligible ones. It was started in 1986, making it one of the longest-reigning precious metals dealers in the industry.

Its current CEO is Jack Hanney and the company’s headquarters is located in Los Angeles, California.

Patriot Gold Group is also known as Halt Gold Group, since it is the parent company. Moreover, Patriot Gold Group is a certified member of the Professional Coin Grading Service or PCGS.

Patriot Gold Group Products and Services

Patriot Gold Group offers a wide variety of precious metal products which include gold, silver, platinum and palladium. They come in both coins and bullion form.

Also, the company offers IRA-eligible products, which you can use as assets in your Individual Retirement Accounts.

Patriot Gold Group can work with any IRA custodian for the IRA services. But its preferred custodians are STRATA Trust and Equity Institutional.

If you are still new to the precious metals industry, you have to look for a company that is willing to enlighten and educate you on it.

Our top rated company is one of the best at giving its clients educational resources on the industry.

Patriot Gold Group Fees and Costs

Below, you can see the fees and costs of Patriot Gold Group.

Set-up Fee

Investments under $30,000 pay $225. Investments over this amount enjoy a free set-up

Minimum IRA Size

$15,000

Per-Transaction Fees

This depends on the custodian. Strata fees cost $40 plus shipping cost

Storage and Insurance Fees (depends on the balance of the account)

Equity Institutional - $180

Strata Trust - $150

Metals offered

Gold, silver, platinum and palladium coins and bullion

Trading/Business Hours


Monday-Friday, 7:30 a.m.-5:30 p.m. PST

How does it work?

If you have an existing IRA account, you can contact Patriot Gold Group and a representative will help you with the rollover process. The account is expected to be open within 48 hours.

If you don't have any account yet, a representative will help you with the application process.

When you account is ready, you can begin purchasing precious metals to be funded into your account. The representatives can also help you in choosing the ones best for your account.

Patriot Gold Group Ratings and Reviews (Updated 2022)

Patriot Gold Group received ratings and reviews from the websites listed below.

  • BBB - 5/5 and A+ rating based on 6 reviews, BBB accredited since 2019
  • BCA - 5/5 rating based on 17 reviews
  • Trustpilot - 4.3/5 rating based on 33 reviews

So far, the company has good ratings and reviews. However, the number of reviews is relatively low compared to its competitors like Goldco.

Patriot Gold Group Pros and Cons

Pros

  • Been in business for more than 30 years
  • Good products and services
  • Good ratings and reviews
  • Investor Direct Pricing

Cons

  • Not U.S. Mint listed
  • Lacks reviews
  • You need to call them or fill out a form on its website to get more information

Is Patriot Gold Group a scam?

For the conclusion, let's answer this question. Patriot Gold Group is not a scam. It is a legitimate company that has been operating since 1986.Moreover, it does have good services and products.

The only downside to it is the lack of reviews if we compare them to other companies.

Ratings and reviews are both good when it comes to deciding which company to buy products from.

If you wish to find a company that excels in ratings and reviews, as well as in its services and products, check out my top recommendation below.

Thank you so much for reading my Patriot Gold Group review! If you have any comments or questions, feel free to leave them in the comments section.

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Anis is a digital marketing expert that enjoys writing blogs and helping people avoid scams online; he is passionate about investing in real estate and gold; in his free time, Anis loves playing football, going to the gym, and hanging out with friends.


By the way, if you are tired of scams and want to invest with a legit gold company, check out my 6 top legit gold IRA companies of 2024!

Anis

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