Provident Metals Review

Provident Metals Review

Provident Metals is the largest physical bullion dealer in the United States, with over 400,000 square feet of space to store an inventory that exceeds $3 billion. Provident Metals has been in business for more than 40 years and is a family-owned company. Provident Metals offers its customers competitive prices on all metals and products it stocks. Provident Metals Reviews tries to give you an overview so you can decide if this is the right place for your purchase needs.

What is Provident Metals?

Provident Metals is a company that sells gold, silver, palladium, and platinum. It also offers Gold IRAs. They have good alternatives of coins and bars. Investors who want to buy copper bullion, rounds, and wheat pennies will need to visit Provident Metals. You can also use us for an IRA if you use our partnered company Preferred Trust Company. Curiously, it is unclear who is in charge at Provident Metals. This company does not offer international shipping options.

Who Is Provident Metals?

As their website says, “We are a provider of international and domestic bullion, currency, and numismatic coins. They have over 100 years’ experience. They gained this experience, and they became an authorized dealer for PCGS, Professional Coin Grading Service, NGC, the Numismatic Guaranty Corporation, NCS, the Numismatic Conservation Service. Provident Metals residue is one of the top bullion dealers.

Company Info & Background

Provident Metals is a store that has many different metals for people to buy. People can buy these metals and then sell them when the price goes up so they can get more money. Similarly, it helps customers set up a self-directed IRA through its three-step IRA program. The company is headquartered in Dallas, Texas, and was established in 2019.

The company has some gold, silver, platinum, and palladium. They also have coins that are collectible and numismatic. The company also sells some copper products for people who want to invest in them.

Prudent Metals also has a lot of information about how to buy and sell metals. It has a price chart and a blog with questions and answers. They have an investing guide on precious metals that is good for people who want to know more about what they can do with their money.

What are Provident Metals’ Products?

The company sells a lot of different metals. These include gold, silver, platinum, palladium, and copper. They also sell bars and coins.

If you are up to date with the gold industry, Provident Metals offers starter packs that can help you. You can also buy back products if you want to sell your gold back.

Do Provident Metals offer IRAs?

Yes. IRAs are one of the main services Provident Metals provides. They have many IRA-eligible products for people who want to invest. Some of their products are even tax-free, which is good news for account holders.

As for fees involved in setting up a precious metal IRA investment account, these are not disclosed. This is because the custodian you choose will greatly determine the fee.

Provident Metals has apprenticed with Preferred Trust Company, so you can still use them to keep your money safe.

Provident Metals Custodian and Storage

Provident Metals has a special relationship with Preferred Trust Company. There are many companies for people to use when they want to store their stuff in a vault. These include Brinks, IDS of Delaware, Loomis International, Delaware Depository, Amark Global Logistics, Strategic Wealth Preservation, and Idaho Armored Vaults.

Can you Sell Back your Metals to Provident Metals?

Provident will buy back your precious metal if you have talked to them. They will buy it if it has a value of at least $1000, which is about 100 ounces or 28 grams.

It works in three steps:

  1. Call in to put up a selling account
  2. Ship your items
  3. Payment is released.

How is Provident Metals Supported?

The company website does not have a live chatbox, which is really bad.

Instead of a phone number, and address, and email address for you to contact the company, the website has a phone number you can use.

Provident Metals Customer Ratings and Reviews

Provident Metals is a business that sells gold, silver, and other metals. They are recognized by the Better Business Bureau. The BBB has rated them with an A- rating.

The company has obtained some complaints, but according to the BBB, Provident Metals are able to deal with these issues in a timely and fair manner. This report was also backed by actual customer feedback and testimony.

Trustpilot gave Provident Metals 4.5 stars since they started running their company in July 2015. Their customers said that the company was honest and transparent about how they did business.

Pros and Cons

Pros

  • There are a lot of different types of things in this store.
  • You can pay for your purchase in many different ways.

Cons

  • There are many complaints on review websites.
  • The store ships only to the US and Canada.
  • There is no converse chat on this website.

Alternatives

American Hartford Gold

www.americanhartfordgold.com

Star Rating

A company called American Hartford Gold is a family-owned and operated company based in Los Angeles. They help people invest in precious metals. If you buy coins from American Hartford Gold, they will be delivered to your doorstep or put in your retirement account. They provide gold and silver coins that are high quality and at competitive prices. If you don’t like the coins, then they will give them back to you for free.

Gold IRAs are good for diversifying your retirement savings. They happen in an account that is not taxed. We can help you buy and sell precious metals. The company has experts that provide good customer service. They use data about the history and the current market to help you set up a gold IRA.

Goldco

www.goldco.com

Star Rating

Goldco Precious Metals and its account reps work hard to make sure that you get all of the information you need to decide if it is the right company for your gold IRA. Goldco will also be there when you need help with anything.

Some companies give information about their investments in an organized way. This makes it uncomplicated for people to understand the investment too. Other companies don’t do this. Goldco Precious Metals, founded in 2006, is different. It has a good reputation and provides good customer support.

Goldco gives its customers a special service. You can get help from a specialist anytime you need it. Goldco also makes sure that its customers know what they are doing. Goldco encourages its customers to learn on our website. We have many e-books and videos on different topics. Plus, we have a blog that covers everything you need to know about investing.

Conclusion

Provident Metals is a company that has been in the precious metals industry for over 30 years. They offer an extensive selection of gold, silver, and platinum bullion at competitive prices to help you diversify your portfolio or hedge against inflation. Their customer service is also top-notch, with 24/7 live chat available on their website as well as email and phone options. If you’re looking for a reputable place to buy gold, silver, or other precious metal products, we recommend checking out what they have to offer!

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