Welcome to my Texas Precious Metals Review.
(UPDATED AUGUST 2022)
If you are reading this in Summer of 2022, chances are, you are looking for an assurance that you can trust Texas Precious Metals.
Well, that is exactly what we are going to find out here! What is Texas Precious Metals? Is it legit or a scam?
We will have the answers here in this Texas Precious Metals Review. Let's get started.
Texas Precious Metals Review Quick Summary
What is Texas Precious Metals?
Texas Precious Metals is a Texas-based precious metals dealer that was launched in 2011. It is owned by the Kaspar Texas Traditions (KTT).
Although the company is quite small, with only 12 employees, Texas Precious Metals' 2014 revenue was $153.2 million.
The company is a member of the following organizations:
- Certified Coin Exchange (CCE)
- American Numismatic Association (ANA)
- Industry Council for Tangible Assets (ICTA)
Texas Precious Metals Products and Services
Texas Precious Metals offers a wide variety of products including gold, silver and platinum. They come in coins and bullion bars too.
You can check out the full product catalog in its website. Product prices are also posted there.
Texas Precious Metals is not an IRA custodian. However, the company allows customers to do their IRA rollover into physical precious metals.
As for storage services, there are two options: Texas Precious Metals Depository and Cayman Islands (Strategic Wealth Preservation).
Each one of them has their own policies, advantages, fees and taxes.
Lastly, Texas Precious Metals is also interested in buying precious metals from you. Click here for more information.
How to get started?
To purchase products from Texas Precious Metals, you must have an account at its website. So you must register first.
Then you can proceed to the product catalog to see the precious metals you want to buy.
After that, you can add them to your cart before paying for them. The commonly payment method used is wire transfer.
You can also have them delivered to your house. All packages are fully insured for free.
Texas Precious Metals Ratings and Reviews (Updated August 2022)
Below are the websites that have ratings and reviews of Texas Precious Metals as of August 2022.
- BBB - A+ rating and BBB accredited with no reviews, with one complaint closed in the last 3 years
- Yelp - 4.5/5 rating with 20 reviews 5 out of 5 rating based on 23 reviews
- BCA - AA rating with no reviews
Although it has good ratings, Texas Precious Metals lacks reviews, if we compare it to quite a few other precious metals dealers.
Texas Precious Pros and Cons
- Free shipping
- Good products
- Can order online
- Good ratings, BBB accredited
- Member of various organizations
- Decent Yelp Reviews (As of August 2022)
- Does not provide its own IRA services
- Lacks reviews
Is Texas Precious Metals a scam?
To conclude this Texas Precious Metals review, let's answer this commonly asked question.
Texas Precious Metals is not a scam. It is a legitimate precious metals dealer, that has been providing products and services since 2011.
Moreover, it is a member of various organizations, such as the ANA, ICTA and CCE.
The only downside to it is that it does not provide its own IRA services.
And if you are the type of person who value ratings and reviews, then you will not be impressed with Texas Precious Metals because it lacks a lot of reviews.
If you wish to know the best precious metals firm, check out my top recommendation below.
Thank you so much for reading my Texas Precious Metals Review. If you have any comments or questions, feel free to leave them in the comments section.