Preserve Gold Complaints, Lawsuit and Reviews (2024)

In the fast-paced realm of financial choices, the quest for a dependable and secure investment avenue has never been more crucial. 

Investors are on a constant lookout for ways to diversify their portfolios and shield their wealth, and amid the multitude of options, gold has consistently held its appeal. 

Among the notable players in this space, Preserve Gold has emerged, capturing considerable attention. 

In this in-depth review, we will navigate the landscape of Preserve Gold, exploring its background, advantages, and track record, to empower you in making an educated investment decision. 

If you’re interested in opening a gold IRA, I recommend getting this gold IRA scam checklist. It will help you identify potential scams and navigate the financial markets with confidence.

Preserve Gold Pros:

1. Diverse Offerings: Provides a range of precious metals, including gold, silver, platinum, and palladium.

2. Comprehensive Services: Offers not only precious metals but also full-service IRAs, setting it apart from competitors.

3. Family-Owned Management: Led by Daniel Boston and Jennifer Good, emphasizing a hands-on and personalized approach.

4. Positive Reputation: Despite being relatively new, Preserve Gold has earned a positive reputation for client satisfaction.

5. Educational Focus: Emphasizes client education, believing informed investors make confident decisions.

Preserve Gold Cons:

1. Limited History: Being established in 2022, it lacks a long track record compared to some competitors.

2. Custodian-Associated Fees: While Preserve Gold itself doesn’t charge fees, custodians like Goldstar and Horizon may have associated costs.

3. Limited Information on Founders: Limited publicly available information about the founders, Daniel Boston and Jennifer Good.

4. Newer Player: Despite a positive reputation, being relatively new may pose concerns for some cautious investors.

5. Limited Online Presence: Limited online information about Preserve Gold, making research somewhat challenging.

What is Preserve Gold Group?

Preserve Gold Group, a California-based company established in 2022, has swiftly become a notable player in the precious metals investment arena. 

Specializing in gold, silver, platinum, and palladium, the company offers a variety of options, including coins and bars. What sets Preserve Gold Group apart is its comprehensive approach, providing not only precious metals but also full-service IRAs, distinguishing it from many competitors.

Led by the family-owned team of Daniel Boston and Jennifer Good, both serving as CEOs, the company prides itself on a hands-on management style. 

Despite being relatively new, Preserve Gold Group has garnered a positive reputation, emphasizing personalized service and client satisfaction. The company facilitates IRA account rollovers with ease, ensuring a smooth transition for clients looking to transfer from their current custodians.

Preserve Gold Group places a strong emphasis on client education, believing that informed investors are happier and more confident in their decisions. 

Daniel and Jennifer, with a combined 30 years of experience in the precious metals industry, leverage their market understanding to benefit clients in their daily interactions.

Notably mentioned in Forbes articles, Preserve Gold Group positions itself as a reliable option for those seeking to diversify and safeguard their investments. 

The account representatives, hand-selected for their courtesy, knowledge, and professionalism, further contribute to the company’s commitment to providing a trustworthy and professional experience for clients of all levels of expertise.

Preserve Gold Group Products & Services

Preserve Gold Group stands out in the precious metals investment landscape, offering a diverse range of products and services to cater to the needs of both seasoned and novice investors.

Gold Coins and More

Among its offerings are two highly regarded gold coins: the American Gold Eagle and Gold Maple Leaf. These coins, meeting or exceeding purity standards, originate from reputable sovereign mints. The company also provides a variety of other coins, including platinum and palladium options, such as the Twin Gold Maples and America the Beautiful Silver Series.

Precious Metals IRAs

A cornerstone of Preserve Gold Group’s services is its guidance on Precious Metals IRAs. Backed by a team with extensive precious metals experience, the company assists investors in navigating the complexities of establishing and managing these specialized investment vehicles.

Direct Sales

For those opting for direct sales with personal funds, Preserve Gold Group offers personalized advice on selecting products within budget constraints. Direct sales allow for home delivery, with insured packaging, though investors can opt for secure depositories to further safeguard their precious metals.

Comprehensive Investment Guide

The company provides a valuable resource in the form of a Precious Metals Investment Guide. Covering essential topics such as metal types, protection against inflation, demand and scarcity, and portfolio diversification, the guide empowers investors with knowledge to make informed decisions.

Custodial Options 

Preserve Gold Group collaborates with reputable custodians like Goldstar Trust Company and Horizon Trust Company. These trusted partners, known for their solid reputations and investor-friendly fee structures, enhance the reliability of the company’s custodial services. 

Additionally, preferred depositories such as Delaware Depository, International Depository Services, and Texas Precious Metals Depository provide secure storage options.

Preserve Gold Group’s commitment to education, transparency, and personalized service makes it a noteworthy player in the precious metals investment arena. 

Whether you’re considering a gold IRA, direct sales, or seeking expert advice, Preserve Gold Group aims to simplify the journey for investors, ensuring a secure and informed approach to precious metals investing.

Preserve Gold Fees And Pricing

When it comes to opening a Gold IRA with Preserve Gold, it’s important to note that while Preserve Gold itself doesn’t charge any fees, its IRA custodians, Goldstar and Horizon, do have associated costs. 

Goldstar has a $50 account setup fee and a $175 annual fee, while Horizon charges a $200 setup fee along with a $200 annual fee.

However, Preserve Gold goes the extra mile in certain cases, covering fees on behalf of its clients:

• For IRA rollovers of $20,000 or more, account setup fees are completely waived.
• IRA rollovers between $50,000 and $99,000 enjoy a waiver of both account setup and annual fees for the first year.
• Clients opting for IRA rollovers of $100,000 to $249,999.99 receive free account setup and annual fee coverage for two years.
• Generous benefits extend to IRA rollovers of $250,000 or more, with Preserve Gold covering both account setup and annual fees for three years.

It’s worth noting that clients have the flexibility to sell their precious metals back to Preserve Gold at any time, and there are no liquidation fees associated with these transactions. 

As part of their commitment to ethical practices, Preserve Gold ensures that they do not profit from the gains of their clients, aligning with their dedication to providing transparent and client-friendly services.

Preserve Gold Customer Reviews 

Preserve Gold has garnered positive reviews that underscore its unwavering commitment to providing ongoing customer support and educational resources. 

On Trustpilot, the company boasts an impressive rating of 4.4 out of 5 stars. Customers have particularly praised Preserve Gold’s dedicated professionals for their swift and helpful post-sale assistance.

Further attesting to its credibility, the Better Business Bureau awards Preserve Gold an A- rating, accompanied by an outstanding 4.9 out of 5 stars. Notably, there are no registered complaints on file, reflecting the company’s commendable track record in customer satisfaction.

These reviews and ratings collectively underscore Preserve Gold’s success in delivering reliable services and fostering positive experiences for its clientele. 

The absence of complaints and high ratings from reputable platforms solidify the company’s standing as a trustworthy player in the precious metals investment landscape.

Preserve Gold Complaints and Reviews:

There aren’t any Preserve Gold complaints available online. The company is relatively new and has received a lot of positive reviews from its happy customers.

Here are some of them.

In the review above the reviewer says that they sought out Preserve Gold and made contact with one of their representatives. The user wanted to purchase a few gold coins to physically have for their own.

Celeb seemed very enthusiastic when they received the call and they started discussing the various options that the user didn’t know they had regarding gold investing.

He gave the assurance that his company was capable of fulfilling the request, which he indeed did. Additionally, he asked about the individual’s current portfolio. He informed him that he had a TSP plan with Postoffice and that he was currently employed.

Celeb proceeded to inform the user that the TSP plan allowed for up to a 50% withdrawal, encouraging them to invest in plans similar to what his company offered.

Given the uncertainties of the stock market at the time, gold seemed to be the only option for ensuring a safe and stable future in the user’s perspective. Celeb demonstrated a great deal of knowledge and earned the user’s trust, making them a valuable addition to their future financial planning for their retirement years.

Here, the reviewer says that they had their first experience in purchasing precious metals. They had a limited understanding of the process and how to convert, with only a basic knowledge.

Daniel took his time in explaining, ensuring that everyone understood. He would be recommended by the user and his company would be recommended to anyone who wanted to protect their money with precious metals. They were not high-end buyers, but he treated them as if they were highly valuable customers. They could call him anytime and if he wasn’t available or with another client, he always got back to them the same day.

The user couldn’t help but highly recommend both Daniel and Preserve Gold.

The user felt a strong sense of trust in their gold and silver, as if it belonged to them. To anyone who was considering switching their currency to precious metals, the one thing they should have done was not wait! Preserve Gold, Daniel, and Caleb were thanked by the user.

Here’s one final Preserve Gold review to help you get an idea of what their clients say:

Preserve Gold received a 5-star rating from the user. The knowledge provided by the representative proved to be crucial for their success. The representative skillfully ensured that the client never felt inadequate, setting a standard that all precious metal firms should strive to achieve with their clients. The user felt very well informed and confident about their investment, particularly since they were new to the process. If the user came across this review, it would have served as a sign for them to pursue business with Preserve.

The reviewer had contacted 5 different companies and each call had ended with them feeling lost and even more confused. The user was excited to begin protecting their wealth with a firm that they believed truly had their best interest at heart. Ms. ** was appreciated for her professionalism, care, and patience. The user mentioned that they would refer all of their friends and family to this company.

Preserve Gold How To Get Started

Getting started with a self-directed IRA through Preserve Gold is a breeze, requiring just three simple steps. 

First, have a chat with one of the knowledgeable precious metals experts. They’re there to answer your questions and guide you in selecting the right metals for your IRA, using a “no-pressure sales strategy” to ensure you feel comfortable and informed.

Next, it’s time to handle the paperwork. Once your documents are all squared away, your funds will be automatically transferred to your account within three business days.

Finally, you get to choose and purchase your metals. Decide whether you want to keep them at home or in an IRA-approved vault. 

With these straightforward steps, Preserve Gold makes it easy for you to embark on your journey into self-directed IRAs and precious metals investment.

Conclusion 

Preserve Gold offers a distinctive investment opportunity allowing individuals to benefit from gold price movements without physical ownership. 

The company, led by Daniel Boston and Jennifer Good, stands out with its full-service IRAs, diverse product offerings, and commitment to client satisfaction.

With positive reviews on Trustpilot (4.4/5) and an A- rating from the Better Business Bureau, Preserve Gold demonstrates reliability and transparency. The company’s fee coverage for clients and flexibility in selling precious metals add to its appeal.

Whether you’re new to investing or experienced, Preserve Gold’s three-step approach makes getting started simple. Backed by securely stored real gold, it provides a safe and accessible means to diversify portfolios and hedge against inflation.

Preserve Gold’s emphasis on education, transparency, and professional service positions it as a trustworthy option in the precious metals investment landscape. 

Overall, Preserve Gold appears to be a reliable and customer-focused choice for those seeking a secure and informed investment experience. By the way, if you have over $100k in your IRA, this company will give you a free gold coin of your choice.

Preserve Gold FAQs

1. What is Preserve Gold?

Preserve Gold is a special investment that lets you benefit from gold price changes without physically owning the metal. It’s like a special type of digital currency, each representing ownership of real gold stored in safe vaults.

2. Is Preserve Gold a safe investment?

Yes, Preserve Gold is generally considered safe because it’s backed by real gold stored securely. This gives it a level of safety and transparency that other digital currencies might not have. However, like any investment, there’s always some risk, so it’s important to research and think about your comfort with risk.

3. What are the benefits of investing in Preserve Gold?

• Diversification: It helps spread risk in your investments by including gold.

• Accessibility: It’s an easy and cost-effective way to invest in gold without physically owning it.

• Hedge Against Inflation: Gold has a history of protecting against rising prices, making Preserve Gold valuable during inflation.

• Global Acceptance: Since gold is widely accepted as valuable, Preserve Gold is recognized internationally.

4. What metals does Preserve Gold offer?

Preserve Gold offers real gold, silver, platinum, and palladium that are approved for IRAs. You can also buy these metals for personal use.

5. What are the typical Preserve Gold fees?

Custodians of Preserve Gold may charge setup and annual fees, usually up to $200. However, Preserve Gold often waives these fees for a certain period, depending on the size of your rollover.