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Priority Gold stands out as one of the premier precious metal investment companies in the U.S., with its roots tracing back to 2015 in Sherman Oaks, California.
Committed to delivering top-tier investment-grade precious metals, Priority Gold offers an extensive selection of gold and silver products. Their inventory includes a variety of widely recognized IRA-approved coins as well as rare coins that capture the interest of collectors.
If you are in search of a reliable and trustworthy company for precious metal investments, Priority Gold should be at the top of your list.
This comprehensive Priority Gold Review will provide you with all the essential information about this exceptional precious metal dealer.
Before we get started with this review:
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Now on with the review...
About Priority Gold
As stated above, Priority Gold is amongst the most reputable precious metals dealers in the U.S. It boasts a BBB A+ rating and a five-stars rating on TrustLink. Besides, the company receives an AAA rating from Business Consumer Alliance.
Priority Gold specifically offers precious metals investment opportunities to its clients. They do so with the highest security standards and excellent convenience.
Their team of experts makes it easier for customers to buy gold and silver metals at fair prices. In addition, they help customers choose the correct precious metals portfolios or IRAs and meet their financial goals.
Its catalog includes rare coins, silver, and gold IRA-certified bullion coins, and a 10oz IRA-verified silver bar. However, Priority Gold doesn’t offer any palladium or platinum products at the moment.
Priority Gold also provides a fast and easy precious metals buying process. Customers can enjoy free storage for qualified Gold and Silver IRAs and a smooth transfer of IRAs. You'll receive your physical gold sooner.
With Priority Gold, expect to get the highest customer service standards. Their customer care agents show excellent levels of honesty, ethics, and professional conduct.
This dealer ensures that its customers stay informed about all the aspects of investing in gold and silver metals. There's a lot to learn through their free online guide, blog, and glossary.
Custodians and Storage
Priority Gold finds pride in partnering with Preferred Trust Company for custodial and administrative services for its customers’ IRA-owned gold and silver investments.
Preferred Trust Company is a certified Retail Trust Company that deals with self-directed IRAs. The company is in Las Vegas, NV, where it began its operations in 2007.
Its team strives to provide personalized services to every IRA owner. The staff also has considerable skills and works in unison to respond quickly to your precious metals investment queries or issues.
Since it is a financial institution, Preferred Trust Company complies with the IRS rules and regulations. That includes the guidelines stated by the State of Nevada Financial Institutions Division.
Therefore, you can rest assured to get the most out of your gold or silver IRA purchases from Priority Gold. However, Priority Gold has no mentioned partnerships with any storage or depositories.
Priority Gold Products
Priority Gold’s inventory comprises rare coins and gold and silver IRA-ratified coins for collectors. The company also offers an IRA-approved 10oz silver bar. Besides that, this precious metals dealer provides gold and silver options such as:
Unfortunately, as of today, Priority Gold has no platinum or palladium products for investment. You can visit their website to view other products offered by this precious metals dealer.
Precious Metals IRAs
Priority Gold allows you to open a precious metals individual retirement account (IRA) to diversify your investment portfolio. You can also roll over your existing IRA, 401(k), 403, 457, or TSP into a gold or silver metal account.
By doing this, you'll gain similar profit you would get by buying gold or silver directly. At the same time, you'll enjoy the benefits your retirement account offers.
Setting up your IRA account with Priority Gold is super easy. The process involves four easy steps:
Why Put Gold in Your IRA?
Individual Retirement Accounts (IRA) protect your retirement as well as your family's financial security.
These special accounts allow you to set aside tax protected savings that you can use in the future.
With these long term accounts it's important to allocate a significant portion to assets that are solid and reliable, so you have a secure and worry-free retirement.
You can have cash in an IRA, but that is devaluing at a rapid pace and inflation is out of control.
You need an asset that's dependable, retains it's value, and even increases in value over time, and there is no better asset for this than gold.
With the world's economy struggling through lockdowns, shortages, wars, and inflation, uncertainty has never been higher and investors are protecting themselves by placing physical gold in IRA's.
A gold IRA investment prospers from these crisis that negatively affect most other assets.
Risk is knowing the economic dangers and doing nothing to protect yourself and your family.
Safety is knowing the economic dangers and taking action to protect your financial future, and this easy to do with a gold IRA.
Self-Directed Precious Metals IRAs
A self-directed precious metals IRAs lets you invest in silver and gold to diversify your investment portfolio perfectly. As a result, you can rest assured of excellent protection of your investment against risks linked to unstable financial markets.
All precious metals offered by Priority Gold are eligible for IRA investment. With your IRA gold or silver accounts, you can invest in 1, ½,1/4, or 1/10th ounce U.S. gold coins or 1oz silver coins minted by the Treasury Department.
The account can also invest particular gold and silver coins.
Here are the benefits you can enjoy by having a self-directed IRA:
Versatility
We all know that gold and silver are the world’s most valued and desired products. They are the only assets universally accepted as standards of payment. These precious metals also allow owners to acquire currency worldwide, making them versatile.
Diversification
Self-directed IRAs help owners to get an investment portfolio that balances risks and returns on their investments.
Why IRA Storage Matters
Precious metals investment offers you many benefits. That’s because there are various ways to do so. Besides, investing in precious metals like gold is easy and requires little knowledge or minimal experience.
However, you must know what gold investment is to keep yourself and your investment safe.
Whether you're buying gold to store it as a collectible, invest in a precious metals IRA, or store it in your home, certain rules apply, and you must comply with them.
The IRS can only approve your gold invested towards an IRA if it has followed the set forth strict rules and regulations.
A self-directed IRA is often held or stored by a custodian, like the Preferred Trust Company at Patriot Gold. The IRS must approve them to avoid future penalties.
Custodians are an IRS-approved depository mandated to store the gold you invest in a precious metals IRA which you’ll never see it.
However, storing your gold IRA improperly, like in a safe-deposit box or at home, may force you to pay hefty penalties and fines.
So you must find work with a trustworthy and highly reputable company like Patriot Gold to help you meet your financial goals.
Reviews
Priority Gold is always committed to providing the best customer experience and satisfaction. If you look at the reviews left by its customers, you’ll realize that this precious gold dealer delivers what it promises.
One of the customers says that Priority Gold is a great company that offers quality precious metals for investment, and you can be certain to get a better value.
Its entire team is incredibly supportive and educative. They'll walk you through every situation, teach you how to invest in precious metals, and help you achieve your financial objectives.
Facts About Gold
In 1920, the price of gold was $20.67. Since that year, the price has risen, reaching $2021 per ounce of gold in 2020. Based on historical facts, the gold price has increased by 100 times in the past century.
And experts predict an upward growth trend in the gold price, making it a worthwhile investment. Here are the reasons why gold is a favorite investment asset:
Safe Investment Option
In times of uncertainty, the economy falls, the currency weakens, and the stock market nose-dives. Historically, gold has usually stayed strong against inflation. Its price has been rising higher for many years.
As a result, investing in precious metals is the safe and most stable option. If you invest in gold, to build a safe retirement, you’ll sleep peacefully at night.
Retirement Protection
The world is full of uncertainties and recession downturns, making precious metals investment an excellent option. When you diversify your portfolio by buying gold and silver can help protect your retirement savings from loss caused by an economic recession.
All you need to do is move your traditional IRA, TSP, 401(K), 403(B), or 457 plan to a self-directed precious metals IRA account secured by physical silver or gold.
Having a Gold and Silver IRA also means that you’ll enjoy:
Sell Your Precious Metals
Do you wish to sell any of your precious metals? If yes, Priority Gold should be your go-to option. The company dedicates itself to providing customers with the best quality precious metals you can find on the market.
Priority Gold can also buy back or sell any precious metals they sold to you on your behalf. You'll find various buy-back options offered for each product.
That means you can sell your precious metals at any time and for any reason, provided you initially purchased them from this company.
Expect to answer no questions, and you'll receive payments on the purchased products in 72 hours. It's that easy, fast, and secure!
Precious Metals IRA Rules
Before investing in a precious metals IRA, you must understand some of the basic rules to avoid future penalties. And that's by following some vital steps that include:
It involves choosing a bank, trust company, or any other entity certified by IRS. The custodian holds that your self-directed IRA provides you with lots of investment options, excellent customer service, and transparent fees.
Having a precious metal IRA account means investing in silver, gold, palladium, or platinum. However, you can't just invest in any of these unless they meet particular standards, i.e., all precious metals must be 99.5% pure.
Investing in gold using your IRA restricts you from storing your precious metals yourself. That means you may never even see the physical as they must get stored in an IRS-approved depository.
Priority Gold will always suggest one for you. Alternatively, you can select your preferred provided it complies with the requirements set forth by IRS.
Conclusion
Founded in 2015 and headquartered in Sherman Oaks, California, Priority Gold is one of the highly reputable and trusted precious metals dealers in the U.S. The company strives to provide high-quality investment-grade gold and silver medals.
Their inventory is rich in the most popular IRA-approved and rare coins that attract many collectors. Although the company doesn't have platinum and palladium products, you'll certainly get the most out of your IRAs.
Getting its custodial services from a reliable company and its partner Preferred Trust Company, you can expect to receive the best precious metals investment experience.
Priority Gold is not a terrible company, but we do not recommend them. They are not a scam, but they aren't the best choice for gold investments and certainly not IRA's, like other companies we have written about on this website.
You can get a Free Gold Investors Guide from our top gold and precious metals company recommendation by clicking the link above or you can read our article of the top companies we reviewed this year:
>> CLICK HERE to read our list of the top gold investing companies. <<
Or, if you like what you have read about Priority Gold, you can go to their website below:
I started BMOGAM Viewpoints as a way to compile all my views on investing in one place. I own my home, have some real estate, and own a few stocks like most people, but what really drives my interest in investing is I have a strong love of precious metals, especially gold.
