Nowadays, gold buyers are looking for something unique and new. That is why hand-poured bullions are becoming a thing. This ‘Prospectors Gold And Gems Review’ will help you in investigating this company.
Is it legit and not a scam? If so, what about this hand poured bullions of theirs? Moreover, how do they create these gold and silver bars? These are just the questions we will be seeking answers to.
Additionally, I will be looking at some reviews and ratings about their business. In addition, we will be investigating if selling to them is a good thing. As such, this good read will enlighten you about a plethora of things about this company.
Without further ado, let us start this ‘Prospectors Gold And Gems Review’!
Since 1999, Prospector Gold and Gems, a Colorado-based firm has been manufacturing their own gold and silver bars. Interestingly, they claim to have the same level of authenticity and uniqueness to that of bars created from machines.
Furthermore, they are a direct refiner of the said precious metals. To add, they also create and distribute jewelries, coins, and other essential products. Rest assured, I will be mentioning which among these items are worth it.
Going back, they also have a two-way market. That is, they allow buying and selling of precious metals, provided that they meet certain standards. Consequently, the bullions that the company buy is refined into items with 99.9% purity.
As for their team and staff, they are more than competent and accommodating. As mentioned, you can personally forward your inquiries to them at their physical store. After all, a business would not stay afloat if not for this excellent customer service.
Also, they provide their customers and clients with educational resources. As an example, they have videos on the process they conduct to create their products. You can check them out at their YouTube channel.
That being said, is Prospectors Gold and Gems the best bullion dealer for you? Can this company cater the needs of those who wants to invest in gold and silver? For this, I suggest continuing to the next section.
First-Hand Experience with Prospectors Gold and Gems
During my evaluation of Prospectors Gold and Gems, I examined their hand-poured bullion offerings and buyback processes to provide you with practical insights.
Unlike machine-minted bars from larger dealers, their handcrafted approach creates unique variations in each piece, similar to what collectors discuss in Prospector’s Gold and Gems Reddit threads.
My research involved analyzing their refining methods, comparing pricing against spot rates, and investigating customer experiences shared across multiple platforms.
The company’s Colorado-based operation stands apart from typical dealers who resell third-party products, as they directly refine and pour their own gold and silver bars.
Products and Services
As mentioned, the products they sell are the company’s own designs and creations. Moreover, they only sell silver and gold bars.
Occasionally, they have stock for gold nuggets, coins, and items such as paydirt bags and gold vials. Unfortunately, they are yet to introduce other precious metals in their inventory such as palladium and platinum.
To add, they also do not offer IRA services. True to their words, they are strictly sticking to the minting and distributing business only.
To further elaborate, they have offerings for bullions with varying designs and weights. As an example, you may find bullions of different shapes, lines, and finishes. What’s more, they have a distinct brand of products.
Naming a few, here are some of their items:
Don’t Tread On Me (Silver Bars)
Silver Cob Rounds
Prospector (Gold Bars)
Skulls and Crossbones (Gold and Silver Bars)
As you can see, their list is relatively too small compared to other precious metals companies
However, they compensate for this by selling these items at different weights. Weights ranging from 1 to 10 ounces are available on their website.
Conversely, there are a lot of websites that has a better inventory of products. For one, they also offer a lot when it comes to unique designs. Companies such as Goldco is one of them.
Now, we already have talked about what they can offer us. However, what about their method of buying from us? More on this is available on the succeeding sections.
How Does It Work?
Before proceeding, let me introduce you to how simple their method of transaction is. Normally, companies would ask you to create an account on their website. Others, however, are stricter and require you to call them.
But, Prospector Gold and Gems isn’t one to complicate things. First, you choose you items. Next, you proceed to the checkout section to validate your items. And then, you can proceed to paying for it.
Indeed, it is a fast way of transacting. Although, the payment option will be limited if you are shopping online. This is due to the fact that they are only accepting PayPal payments.
Now, what about selling to them? Well, they do accept a lot of golds. A list below shows what the company is willing to accept
All karats of gold: 9k, 10k, 12k, 14k, 16k, 18k, 20k, 22k and 24k
All colors of gold – red (rose), yellow, and white
Placer and natural nugget gold Lumps of unknown gold/melted gold alloy, dental gold Broken jewelry in any condition.
Gold coins
Accordingly, they do not accept any items that are gold-plated. Equally important, they have lower rates for scrap gold. Following standard procedures, the following steps are to be followed:
Documentation and Shipping
Examination and Recording
Metal Verification
Test and Assay
Refining
Prices and Fees
Similar to other bullion and precious metal companies, Prospectors Gold And Gems base their product prices on the spot price of each type of precious metals.
With this, their prices may change from time to time. But don’t worry because Prospectors Gold And Gems’ website has a product catalog that shows the prices of each product available.
This is very convenient for all investors since they don’t have to contact the company to know how much they would pay for the products.
As for the fees, the website only stated that they have refining fees.
There are no further information on this. You just need to contact Prospectors Gold And Gems to know more about their fees.
As someone who regularly reviews precious metals dealers, I’ve developed expertise in evaluating both traditional minted products and artisanal offerings like those from Prospectors Gold and Gems.
Hand-poured bullion represents a niche market that appeals to collectors seeking unique gold bars beyond standard investment-grade pieces.
The company’s direct refining operation transforming raw materials into 99.9% pure products demonstrates technical capability. However, expertise in precious metals investing requires more than manufacturing skill. True authority comes from comprehensive services, verified product authentication, and industry accreditation.
Compared to established firms like Goldco, which offer IRA-approved products, extensive educational resources, and thousands of verified reviews, Prospectors Gold and Gems operates in a limited capacity.
Their Prospector Gold coin offerings and specialty items like the “Don’t Tread On Me” silver bars serve collectors rather than retirement investors.
Key considerations for buyers:
No IRA certification for products (unlike major dealers)
Limited to gold and silver (no platinum or palladium)
Smaller inventory compared to industry leaders
Specialty focus on hand-poured aesthetics
Prospectors Gold And Gems Reviews and Ratings (Updated February 2026)
In Your Gold IRA Guide, I always value the online ratings and reviews of a precious metals company, considering that they share what clients experienced with the company.
Below are the updated Prospectors Gold and Gems reviews and ratings.
Better Business Bureau – accredited since January 2012, A rating On 04/26/2023, BBB revoked its accreditation due to failure of meeting the BBB’s requirement that accredited businesses must adhere to. Also has one complaint that accuses the business of selling fake products
Facebook – 4.7 out of 5 rating based on 36 reviews
As listed, Prospector Gold and Gems is somewhat lacking in the reviews and ratings department. As potential clients, it would be a delight if they have ratings from Business Consumer Alliance or Trustpilot.
Moreover, it is alarming that the BBB Board of Directors revoked the accreditation of the company.
Although specific information was not provided, this is enough to alert you and check out other companies with thousands of positive ratings and reviews, such as Goldco.
Pros and Cons
Pros
Offers of unique handmade gold
Buyback program
Accept a variety of metals
The method of transaction is easy
Cons
Inventory is not huge
No IRA services
No platinum and palladium
Reviews are far and few in between
No account creation option
Coins and bullions are not verified for IRA usage
BBB accreditation is revoked
Has been accused of selling fake products
Trustworthiness Assessment: Critical Factors to Consider
Trust forms the foundation of any precious metals transaction. My evaluation of Prospectors Gold and Gems reveals concerning trustworthiness indicators that potential buyers should carefully weigh:
BBB Accreditation Revocation (April 2023): The Better Business Bureau’s decision to revoke accreditation signals failure to meet established business standards. While the company maintains an A rating, this revocation represents a significant trust concern that discussions on Prospectors gold and gems review Reddit forums frequently mention.
Allegation of Fake Products: One BBB complaint specifically accuses the business of selling counterfeit items. While a single complaint doesn’t confirm systematic issues, it raises questions when combined with the accreditation loss.
Limited Verification Systems: Unlike major dealers who provide detailed authentication certificates and work with independent assayers, Prospectors Gold and Gems offers limited documentation for their hand-poured products. Buyers searching for “Prospector’s gold and Gems reddit” often express uncertainty about verification processes.
Payment and Transaction Limitations: The restriction to PayPal-only payments for online purchases limits buyer protections compared to dealers offering multiple secure payment options and escrow services.
Alternative Considerations: For buyers seeking hand-poured collectibles, research alternatives with stronger verification systems. For investment-grade bullion and IRA purposes, established dealers with comprehensive authentication and thousands of positive reviews provide greater security. Those interested in a 1 oz gold prospector piece or silver prospector items should verify authenticity through independent third-party assay before purchase.
Finding Prospectors gold and gems promo code offers: While promotional discounts may seem attractive, they shouldn’t override concerns about product verification and business practices. Always prioritize trustworthiness over pricing incentives.
My Final Recommendation After Researching Prospectors Gold and Gems
After thoroughly investigating Prospectors Gold and Gems, I need to be straightforward about what I found. Yes, this is a real company that actually makes and sells hand-poured gold and silver bars. Their artisanal approach creates genuinely unique pieces that you won’t find with mass-production dealers.
However, several red flags give me serious pause about recommending them.
The BBB revoked their accreditation in April 2023 for failing to meet business standards. That’s not just a slap on the wrist—it’s a significant warning signal. Add to that a complaint alleging fake products, and you start to see why I’m concerned about verification and quality control.
Their limited services are another issue. If you’re looking to invest for retirement, they don’t offer IRA-approved products or services. Their inventory is small compared to established dealers, and they only deal in gold and silver—no platinum or palladium options.
Who might still want to buy from them? If you’re a collector who loves the aesthetic of hand-poured bullion and you’re willing to pay for independent third-party authentication, their unique gold bars and silver prospector pieces could appeal to you. Just go in with your eyes open.
Who should look elsewhere? Anyone investing for retirement, wealth preservation, or who prioritizes security should consider established dealers like Goldco with thousands of verified reviews and comprehensive authentication processes.
Before you buy anything, do this:
Check recent Prospectors gold and gems review Reddit threads to see what current customers are saying
Insist on independent third-party assay certificates—don’t just trust their word
Compare their prices against at least 3-4 other dealers
Don’t let a Prospectors gold and gems promo code tempt you into skipping proper verification
My 2/5 rating stands firm. They’re not a scam, but the revoked accreditation, limited verification systems, and sparse independent reviews make them a riskier choice than industry leaders. In precious metals investing, trust and verification should never be compromised—no matter how unique the bars look.
