The Truman Company Review

The Truman Company Review

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The Truman Company is a precious metals dealer that specializes in personalized services tailored to their client's needs and desires.

Roger Westerling, who is the owner of The Truman Company, has over 35 years of experience in the business. 

Keep reading and we'll tell you everything you need to know to decide if you want to do business with this precious metals company.

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About The Truman Company

the truman company homepage

The Truman Company offers a variety of services that investors will appreciate. For instance, the company offers appraisal services and estate valuations.

If you have a coin that you want looked at, the company can give you the current value of your coin collection by sending in the coin evaluation form to them. This is a free service offered by the company.

If you have an estate or a sizable collection, the company will even fly to meet you at their expense and give you a personal appraisal. For more details about this service, feel free to call them at 651-582-3865.   

The Truman Company also offers market placement services. In some instances, an investor may have coins that have gone down in value, even when the price for gold and silver has grown tremendously.

According to The Truman Company, this is due to certain segments of the market that have had adverse conditions and may not ever turn around.  

The Truman Company believes that investors should know what coins these are and be proactive by restructuring their portfolio into a profitable market segment. 

The company also offers services related to 1031 Tax-Free Exchanges. In the IRS code 1031 " Like-Kind Exchange", investors can take advantage of tax-free exchanges to diversify their holdings properly.

The Truman Company will help you create smaller denominations so you are not forced to sell what you don't need. 

Overall, The Truman Company is committed to client success. They not only offer a variety of services but a wide selection of gold and silver to help investors diversify their portfolios. 

Precious Metals offered by The Truman Company

four gold coins

The Truman Company is a precious metals dealer offering gold and silver for investors and collectors. Overall, their precious metal selection appears to be a quality selection.   

But the company does have a small inventory of products compared to competitors. At this time, you'll find 15 gold products and 7 silver products. This is a small selection of products for investors who may be looking for better diversification. 

Here are a few featured products: 

  • Gold

1oz American Gold Eagle, 1/2oz American Gold Eagle, 1oz Gold South African Krugerrand, and Swiss 20 FRANC .1867 AGW.

  • Silver

1oz .9999 Fine Silver Truman Round, 1oz American Silver Eagle, 1 Kilo.999 Silver Bar, and 10oz .999 Fine Silver Bars. 

To confirm prices and make purchases, be sure to call them at 651-582-3865. 

Selling to The Truman Company

According to the company, customers will receive free coin appraisals. Whether you're interested in liquidity, looking to trade, or just want to know the value of your coins, someone from the team will be glad to assist.  

One of the great things about The Truman Company is that they are authorized PGGS and NGC dealers. They also have over 40 years of experience evaluating and grading coins.

To get started with the appraisal process, you will need to fill out the form on the website or give them a call at 651-582-3865. You can also stop by their coin shop in Roseville during business hours to receive your purchase offer. 

Purchasing and Appraisals

If you're interested in purchasing and appraisals, The Truman Company has offered extensive information about their process. 

The Truman Company states that they appreciate buying coins and bars from customers at the current market price and that they do not charge any additional fees. With just a phone call, they can secure transactions on your behalf.

Whether your goal is to liquidate, you need an appraisal or want to trade a position in bullion or rare coins, they have you covered. 

For additional peace of mind, you'll be glad to know that all shipments are insured through Lloyds of London for $75,000.00 per package up to $450,000.00 per shipment.  

Here is an overview of their purchase process:  

1. Call 651-582-3865 to talk with one of their precious metals experts. Once you talk to an expert, your sales price will be locked in.  

2. The Truman Company will send boxes to you via FedEx at their expense.  

3. Once you receive the boxes, package and ship your coins/bullion to the Truman Company using their FedEx account number.  

4. Once your coins/bars arrive, they'll send the check the same day.  

Here is an overview of their trading process: 

1. Call 651-582-3865 to talk with one of their precious metals experts. Note that your trade will be locked in after you've spoken with an expert.  

2. The Truman Company will send boxes to you via FedEx at their expense.  

3. Once you receive your boxes, package and ship your coins/bullion to the Truman Company using their FedEx account number. 

4. Once your coins/bar arrive, someone will call you to set up a time for delivery of your precious metals.  

Here is an overview of their appraisal process: 

1. Call 651-582-3865 to talk with their precious metal experts about your metals.  

2. The Truman Company will send you a box via FedEx at their expense.  

3. Once the boxes arrive, package and ship your coins/bullion to The Truman Compan using their FedEx account number. 

4. When your coins/bars arrive, they will appraise your precious metals within that same business day.  

5. Someone from the company will contact you letting you know the value per coin or bar. After that, you'll have three options: send your coins back, liquidate your cons and receive your check, agree to trade, and send your coins or bars. 

Reviews of The Truman Company

The Truman Company has been in business for 35 years and is a BBB-accredited business with an A+ rating since 2010. The company has mostly positive reviews online. Unfortunately, there are not many reviews overall.

At this time, The Truman Company has 3 customer reviews on the Better Business Bureau and 2 reviews on Yelp. Let's take a look at what others have said about the company:  

One customer said that their representative was both knowledgeable and professional in giving them an appraisal. The customer said there was no pressure to sell or not sell.

The entire interaction was focused on providing helpful information and giving a history lesson on the coins they had.  

Another customer said that the staff was very helpful and the staff was pleasant. This positive interaction gave the customer the confidence to conduct business with The Truman Company.  

According to another customer, they would 100% recommend The Truman Company due to the company's outstanding knowledge and professionalism toward precious metals. 

The Truman Company Pros and Cons

Choosing the best precious metal dealer is important for investors and collectors. Here is a look at a few pros and cons of working with this company: 

  • Pro: Quality Gold and Silver Products

Finding a dealer with quality inventory is essential. Luckily, The Truman Company has a great selection of precious metal coins and bars that can be added to a collection or precious metals IRA. 

  • Pro: Knowledgeable Staff

According to customer reviews, The Truman Company appears to be comprised of knowledgeable staff who are more than willing to help.

Whether you're interested in buying, selling, or trading, a friendly representative will be there to support you with your needs. 

  • Pro: Free Appraisals

Another advantage of working with The Truman Company is that they offer free appraisals. If you have an estate or high-value collection, they will even fly to you at their expense to value your estate or collection. 

  • Con: No Precious Metal IRA 

Unfortunately, The Truman Company does not offer precious metal IRAs like some of its competitors. If adding precious metals to an IRA account is your top priority, The Truman Company won't be an option.  

It's worth noting that they do provide education on precious metal IRAs. So if you're looking for guidance, you may want to check out their website. 

  • Con: You Must Call to Place an Order

Purchasing precious metals with The Truman Company isn't all that convenient. Many competitors make purchasing easier by allowing customers to add products to the cart and pay online.

However, you will need to call to place an order if you're ready to make a purchase. 

  • Con: Not a Strong Reputation 

One of the most important factors when searching for a trusted precious metals dealer is finding a company with a longstanding reputation. Unfortunately, The Truman Company doesn't appear to have a strong reputation overall.

The company has been in business for 35 years but has only managed to receive a few reviews across multiple platforms. Compared to competitors, The Truman Company hasn't received a lot of attention despite its positive reviews.

While this may not be a bad thing, some investors and collectors may be more comfortable with choosing a company with a more solid reputation. 

The Truman Company: Final Thoughts 

The Truman Company is a quality precious metal dealer, serving the needs of investors and collectors.

The company takes a customer-centric approach by providing an array of services, quality precious metals, and several benefits for those who choose to work with them. 

Even though the company has a lack of reputation online, it shouldn't deter you from doing business with them. The company has still managed positive reviews and appears to commit to its customers.

Whether you're an investor or collector, The Truman Company could be a good choice to build your financial wealth.

The Truman Company is a reputable precious metal dealer, they are not a scam, but we do not recommend them.   

There are better companies to work with if you are looking to make cash purchases of precious metals and much better companies to work with if you are looking to invest in a precious metals IRA that we have researched extensively 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:

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