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Founded in 2011, Texas Precious Metals has become one of the largest precious metals retailers in the United States. It operates as a bullion dealer, Gold IRA company, and has its own depository. The inventory contains gold, silver, and platinum products, many of which are eligible to be held in a Precious Metals IRA. Texas Precious Metals has partnered with GoldStar Trust Company and Kingdom Trust for custodial services. Storage options are its own Texas Precious Metals Depository, and Strategic Wealth Preservation (SWP) in the Cayman Islands. Some of the coins listed in the catalog are marked as “Out of Stock”.
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Pros:
- Texas Precious Metals has an excellent inventory of gold, silver, platinum coins, and bars.
- Many of the IRA-approved bullion products are available
- Clients have the option between GoldStar Trust Company and Kingdom Trust for custodial services options
- Secure storage options include its own Texas Precious Metals Depository, or SWP Cayman IslandsCons:
- Many of the listed items in the catalog of products are marked as "Out of Stock"
Company Info & Background
In the span of a decade, Texas Precious Metals (www.texmetals.com) has grown to become one of the leading precious metals investment companies in the country. As a full-service firm, it functions as a bullion dealer, Gold IRA company, and even operates its own Class 2 underground depository.
The Texas Precious Metals catalog of available products includes gold, silver, and platinum coins and bars. Many of the most popular IRA-approved coins are in the inventory. Moreover, the company offers collectible coins for investors.
In addition, the company’s website provides a wealth of information and resources pertaining to precious metals investment. An online “Precious Metals Buyer’s Guide” is available to anyone, in addition to infographics, and market news sections, respectively.
Texas Precious Metals Management Team
Tarek Saab is listed as the president and co-founder of Texas Precious Metals, with Jason Kasper also listed as a co-founder of the company.
Texas Precious Metals Custodians and Storage
Texas Precious Metals has partnered with IRA custodians, GoldStar Trust Company, and Kingdom Trust.
Regarding its depository facility, Texas Precious Metals states the following:
“We offer long-term storage solutions at Texas Precious Metals Depository for individual investors as well as IRA customers. Texas Precious Metals maintains class 2 and class 3 equivalent vaults in our high-security underground Texas facility which is fully insured by Lloyd’s of London.”
For those who prefer international storage, the company has partnered with Strategic Wealth Preservation (SWP) located in the Cayman Islands.
Texas Precious Metals Products
Texas Precious Metals offers a wide array of gold, silver, and platinum coins and bars in its catalog. Unfortunately, however, many of the listed products are marked as “Out of Stock”. There are a plethora of IRA-approved coins and bars of various weights for those wanting to add them to their retirement accounts. Some of the available options include the American Gold Eagle, Gold Canadian Maple Leaf, Australian Gold Kangaroo, American Gold Buffalo, Austrian Gold Philharmonic, American Silver Eagle, Canadian Silver Maple Leaf, Canadian Platinum Maple Leaf, American Platinum Eagle, Silver Britannia, and the Canadian Silver Pronghorn Antelope coin.
View more Texas Precious Metals products here.
Texas Precious Metals IRA Info
| Company | Texas Precious Metals |
|---|---|
| Annual Cost | Variable |
| Partnered Storage Vaults | Texas Precious Metals Depository, Strategic Wealth Preservation (SWP) |
| Partnered Custodians | GoldStar Trust Company and Kingdom Trust |
| Metals Available | Gold, silver, and platinum |
| Scaled or Flat Fees? | Flat Fees |
| Years in Business | 10 years (2011) |
Texas Precious Metals Reviews, Ratings, and Complaints
Below we offer a diverse selection of reviews, ratings, and complaints pertaining to Texas Precious Metals from trusted consumer reporting and rating agencies sites. Simply click on the links provided to study the reviews in greater detail.
- BBB Rating: A+ (Details)
- BBB Complaints: 1 Complaint closed in the last 3 years (Details)
- BCA: AA (Details)
- BCA Complaints: 0 Complaints
- CitySearch: Profile (Details)
- Ripoff Report: 2 Reports (Details)
- Yellow Pages: Profile (Details)
- TrustLink: Profile (Details)
- Yelp: Profile (Details)
- SiteJabber: Profile (Details)
- Trustpilot: Profile (Details)
- Facebook: Profile (Details)
Texas Precious Metals Contact Information
- Address: 959 N Us Highway 95 E, Shiner, TX 77984
- Phone: (361)594-3624
- Email: contactus-tpm@texmetals.com
- Website: www.texmetals.com
Founded in 2011, Texas Precious Metals has become one of the largest precious metals retailers in the United States. It operates as a bullion dealer, Gold IRA company, and has its own depository. The inventory contains gold, silver, and platinum products, many of which are eligible to be held in a Precious Metals IRA. Texas Precious Metals has partnered with GoldStar Trust Company and Kingdom Trust for custodial services. Storage options are its own Texas Precious Metals Depository, and Strategic Wealth Preservation (SWP) in the Cayman Islands. Some of the coins listed in the catalog are marked as “Out of Stock”.User Rating
Sarah Bauder is a financial writer with over a decade of experience at numerous online publications, writing about alternative investments, retirement, US politics, world economy and more.
