Patriot Gold Group Is 7th Place in Our List of Top 10 Gold IRA Companies:

In today’s world, it’s more important than ever to take steps to preserve and protect your wealth. No one is going to care about your money more than you and your family. You have to consider investing outside the box in today’s difficult economy and investing environment.

But you already understand this. That’s why you’re interested in investing with Patriot Gold Group. At the same time, you’re also curious to find out more about the company and whether or not it’s worth it to do business with them.

It can be really scary and downright frightening at times to choose a gold company as you begin this journey. You likely wonder things like:

  • Am I investing safely and securely?
  • Am I investing in a way that I’ll achieve my retirement goals?
  • Am I investing in the best way to grow my wealth?

Sticking to traditional stock market investments and real estate will only get you so far. Focusing on buying precious metals to protect and grow your wealth is an excellent way to add on to what you’re already doing.

Are you on the verge of opening a gold IRA? I consider Patriot Gold Group my 7th favorite recommendation on the top 10 gold IRA companies list that I’ve created.

I evaluated this company and dozens more that ultimately led to narrowing down my list to my 10 favorite companies. I used my 7 Critical Factors Test to see if Patriot Gold Group was worthy of my praise.

Obviously, this company made the list and scored very highly. Stick around to find out more about Patriot Gold Group. You’ll see how they fared as I evaluated them on these important critical factors.

How Patriot Gold Group Stacks up in Our 7 Critical Factors Test

The process used to evaluate each company involves 7 critical factors. I review and evaluate each company based on these factors to find out if they belong on the top 10 Gold IRA companies list. 

After doing a deep dive on Patriot Gold Group, I can say with certainty that they definitely belong here. This company has received lots of praise and accolades over the years and it’s my pleasure to recommend them to you.

When I perform my evaluation on each company, I use the following 7 factors to see how they measure up. They include:

  • online peer-reviewed ratings
  • types of precious metals: coins and rounds
  • precious metals buyback program
  • stockpiling
  • IRA fees
  • account setup & delivery
  • customer support & salesmanship

My goal is to make sure my readers have a great experience when opening, funding it, and investing in their precious metals IRA. To find out my reasons for adding Patriot Gold Group to the list, please continue reading below.

1. Online Peer-Reviewed Ratings

Patriot Gold Group began selling precious metals to the public six years ago. Although, I believe they changed their name from Patriot Gold & Silver, so their history dates back even further. 

In fact, the company brings 50 years of collective precious metals investing experience to the table.

As referenced at the top of this review, Patriot Gold has received lots of praise and nothing negative from the BCA, BBB, and Consumer Affairs. 

Consumer Affairs awarded the company as the Top-Rated Gold & Silver Dealer in the US from 2016 to 2020. They held this unprecedented prestigious honor for five years in a row, which is a testament to their work ethic.

Some praise they’ve received from their customers include:

  • It’s a great company with very helpful customer service
  • They are professional, easy to work with, and well organized
  • They answer every question and inquiry for their customers, even when the customer is bombarding them with questions
  • Their paperwork is easy to manage, they have simple account management features, and provide secure vault storage

2. Types of Precious Metals: Gold, & Silver Bars, Coins, and Rounds

Investors will find a wide array of precious metals available to purchase for their IRA accounts at Patriot Gold. Some of their top compliant self-directed IRA investing choices include these popular options:

  • Silver Buffalo rounds
  • Silver Canadian Maple leaf coins
  • 10-ounce Canadian Silver bar
  • Gold American Eagle coins
  • Gold American Buffalo coins
  • Royal Canadian Mint 10-ounce Gold bars
  • Gold Austrian Philharmonic coins

3. Precious Metals Buyback Program

Like most companies, Patriot Gold Group is willing to repurchase precious metals from their customers at current market value. Their buyback program is generous and they work diligently to pay their customers as quickly as possible.

  • Customers can sell back their precious metals at current market value
  • Patriot Gold Group evaluates the precious metals and quotes a price
  • After receiving the precious metals from the depository, Patriot Gold cuts their customers a check

Patriot Gold Group is no different from other precious metals dealers. They do not pay for the product until they receive it from the depository that is being held in. It takes about 1-2 weeks before the gold or silver is in their possession. They pay for the precious metals after the product is in their possession.

4. Stockpiling

Patriot Gold focuses on providing their customers with low storage rates. Another interesting aspect of this company is that they offer their customers complete segregation. 

This means that when your precious metals are stored with their trusted resource Texas Depository, the metals are segregated. They are stored in a vault that is dedicated to you and your precious metals investments.

Another interesting factor is that all precious metals under the care of Patriot Gold Group are 100% insured. They ensure everything through the highly respected London-based insurance company Lloyd’s of London. This guarantees that your precious metals are safe, protected, and covered in case the worst were ever to happen.

5. IRA Fees

Patriot Gold Group does things differently when compared to other precious metals IRA companies. They have set up fees, account size limits, storage fees, transactional fees, and more.

The fee schedule breakdown is as follows:

  • Account Setup Fee – for accounts with an investment below $30,000, Patriot Gold charges a one time initial fee of $225. If the account is funded with $30,000 or more, the company will waive the $225 setup fee.
  • Minimum Investment – Patriot Gold Group has a minimum investment threshold that all customers must meet to qualify to do business with them. Their minimum investment is $15,000. If the customer fails to deposit $15,000 into their new IRA or fails to purchase this much in individual investments, they will not be doing business with this organization.
  • Storage Fees – they have storage agreements in place with Equity Institutional, Texas Depository, and Strata Trust. Segregated storage prices range between $150-$180, depending on the depository.
  • Transaction Fees – all customers are required to pay a shipping fee. The price of this fee depends on the size of the order. They are also required to pay a custodian-specific fee. Talk to a customer representative to find out more about the additional custodian fee.

6. Account Setup & Delivery

As mentioned earlier, Patriot Gold Group charges their customers an account setup fee when opening up their new account. Typically, the setup fee is more than most precious metals IRA companies. On average, most companies charge a $50 setup fee compared to the $225 setup fee from Patriot Gold.

It’s important to know that this fee is a one-time fee and waived when customers open their account with $30,000 or more. Also, Patriot Gold never charges a yearly administrative fee. This is important because many top IRA companies charge $80 per year for administration.

From a delivery standpoint, customers also have to pay to have their gold and silver products shipped to them or their storage facility. I cannot confirm this, but it appears that Patriot Gold Group does it ship their products fast, so that’s an added bonus.

7. Customer Service & Salesmanship

I can say with absolute certainty that many past and current customers are thrilled with the customer service experience. They also loved the sales experience offered by Patriot Gold Group. After reading dozens of reviews of this company on the BBB, BCA, and Trustpilot, they definitely excel in this area.

Take a look at a couple of positive reviews from former happy customers:

Ashley Hill states, “I was worried about investing in precious metals through the gold IRA. Patriot Gold Group was patient in answering all my questions. I researched several precious metals brokers and IRA custodians but it came down to how comfortable I was with the patriot Gold group. I felt at ease with the decision to invest in this type of asset class.”

Steve Bordonaro said, “Patriot Gold Group helped me through the entire process with no pressure. I called several companies and actually switched from another to Patriot Gold Group because I realized they just felt like the right company to go with. I would recommend them over all others.”

As you can see, this company has received high accolades from many happy and satisfied customers throughout the years.

Patriot Gold Group Contact Details

Address: 3010 Old Ranch Pkwy., Suite 350, Seal Beach, CA 90740-2760
Telephone: 877-711-6641