Schiff Gold Review (Is This Company Legit?) (Updated 2022)

January 10, 2022

Schiff Gold Review

Welcome to my Schiff Gold Review!

(UPDATED 2022)

Precious metals seem to be already catching the attention of countless people. Some firms have been trying to use this opportunity to profit rather than actually helping these people.

Because of this, Peter Schiff, the owner of Schiff Gold, started his own company to serve people truthfully, unlike a number of others. But the question is, "Is Schiff Gold actually good?". We are about to find out in this Schiff Gold Review!

Without any further ado, let's get started.

Schiff Gold Review Quick Summary

Name: Schiff Gold


Founder and CEO: Peter Schiff

Fees: $180 per year (storage)

Rating: 4/5

Schiff Gold Review logo

What is Schiff Gold?

Schiff Gold Review website homepage

Let's begin this Schiff Gold Review by getting to know them. Schiff Gold is a full-service precious metals dealer and firm based in New York.

It offers a wide range of precious metals products (bars, coins, bullion) as well as various services for investors.

Schiff Gold is a rebranded company. it used to be called as Euro Pacific Precious Metals until October, 2014.

Now, let's get to know the owner of Schiff Gold in the next section.

Who is the owner?

Schiff Gold Review owner

The owner and Chief of Chairman of Schiff Gold is Peter Schiff. He is a renowned financial commentator, author and investment broker. Moreover, he is the Chief Global Strategist of Euro Pacific Capital, Inc. and the host of The Peter Schiff Show.

Peter Schiff was one of the forecasters who predicted the devastating 2008 crash and financial crisis. He highly recommends investing in precious metals to keep us safe financial challenges, especially during the times when the market falls.

Since then, he has always been part of the major forces that raise national and international awareness of precious metals' role in making a balanced, hedged portfolio.

Schiff Gold is Peter's instrument of providing trustworthy services to investors who are interested in precious metals.

Schiff Gold Products and Services

Precious Metals

Schiff Gold offers a large variety of precious metals, coins, bullion and bars. However, the company does not sell any numismatic coins because they make poor investments due to their excessive markups and commissions and the complicated liquidation of these coins.

Schiff Gold has gold and silver coins and bars, platinum, palladium, barter metals and limited edition bullion.

All of these products are on sale with the lowest prices. Schiff Gold guarantees that all of them are of high quality.

How to get started

Schiff Gold made the process of buying precious metals from them as easy as possible.

You can do that in these 4 steps.

1. Contact Schiff Gold

First and foremost, you must contact Schiff Gold. You can do that by giving them a call to ask for a precious metals specialist. You can also do a live chat.

This specialist will brief you about the company and will even offer you an outlook of the precious metals market and give you advice and assistance on which precious metals fit you most.

2. Place the order

Once you have decided on which precious metals you want, the specialist will send you an email that contains the details of your order.

This includes the cost, shipping and insurance, and of course, the payment instructions.

3. Pay for the order

When you pay for your order, a full payment must be done through bank wire transfer or check and must be received in the Schiff Gold Customer Account.

Usually, Schiff Gold receives bank wire transfer payments in 24 hours, depending on your location and bank.

As for check payments, Schiff Gold is required to wait 5 business days.

4. Shipping

Schiff Gold ships products via U.S. Postal Service, FedEx or UPS, with a full insurance through Lloyd's of London.

Processing of orders take 1 to 2 business days and shipping usually takes 2 to 4 business days.

Buying precious metals with cryptocurrency

Since 2014, Schiff Gold was one of the very first precious metals company to accept cryptocurrency as a form of payment.

Here are the steps you need to undergo!

Schiff Gold Review cryptocurrency payment step 1
Schiff Gold Review cryptocurrency payment step 2
Schiff Gold Review cryptocurrency payment step 3
Schiff Gold Review cryptocurrency payment step 4

You can learn more about this here!

Buy precious metals

If ever you want to sell your precious metals, you can go to Schiff Gold. Either you bought the metals from them or from another company, Schiff Gold is willing to buy them.

Do not worry if you are selling a product that is not shown on Schiff Gold's website. Simply contact the website to discuss it. Here are the steps for you to do it.

How to get started
1. Contact them

The first thing you must do is to contact Schiff Gold. You can do this by calling its contact number, live website chat, or email.

You will be able to get instructions from a Schiff Gold employee so that you may proceed with the process.

2. Ship/drop-off

Afterwards, you should either drop off in person or ship your precious metals.

Here are the following locations where you can ship or drop them off.

  • New York
  • Delaware
  • Las Vegas
  • Dallas
  • Los Angeles
  • Toronto
  • Zurich
  • Singapore
3. Receive your payment

Once Schiff Gold has received your precious metals, they will send your payment via bank wire transfer or check.

Other services

Other services that Schiff Gold offers are the following:

  • Gold IRA Rollovers and 401k
  • Vault Storage
  • Safe Storage
  • Employment Opportunities

Schiff Gold Ratings and Reviews

2022 UPDATE: As of 2022, they have ZERO reviews on Trustpilot.

For now, I have not seen any ratings for Schiff Gold. However, the website has testimonials from its clients.

You can check them here.

Pros and Cons


  • Offers high quality precious metals
  • Low prices
  • Has employment opportunities
  • Buys precious metals
  • The website is very educational
  • Peter Schiff is an experienced person in the world of investment and precious metals


  • No ratings yet
  • Some information are not disclosed

Is Schiff Gold a scam?

To conclude this Schiff Gold Review, it is time to find out if it is a scam or not.

Schiff Gold is not a scam. It is legit company that serves people truthfully and provides precious metals with high quality at a low cost. Moreover, it is owned by Peter Schiff, who is a renowned author, investment broker and a knowledgeable man in the world of precious metals.

Another thing is that the website of Schiff Gold is full of useful information that can really help you with understanding the precious metals industry.

However, if you truly want the best of the best and invest there, read the next section about the top recommended precious metals firm!

Thank you so much for reading my Schiff Gold Review! If you have any questions or comments, please feel free to leave them below in the comments section!

Check out my other reviews here!

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