Texas Precious Metals is part of a larger family of companies that have operated in Southern Texas since the late 1890s. As such, they have one of the best reputations and are touted as one of the best online dealers of precious metals by many. They offer a wide variety of precious metals, including coins, bars, and rounds of all types. Their website is nicely set up, easy to navigate, and generally user-friendly.
Texas Precious Metals has a customer service staff which is able to place orders, assist in setting up an account or answer precious metal related quesitons. With email and telephone support, customers and prospective customers have two avenues by which they can address problems or questions that may arise. Their customer service representatives can be reached via phone at 361-594-3624 Monday-Friday (8 AM-4 PM CST). You can also send all inquiries to customer service via their online contact form.
Texas Precious Metals Pricing
With regard to their pricing of bullion, Texas Precious Metals does not offer the lowest prices nor do they look to take advantage of unwary customers. A quick comparison between TPM and other dealers who boast low pricing shows that Texas Precious Metals has prices that are a little higher than the lowest in the industry but far lower than the industry’s highest prices. Though pricing varies from product to product, this dealer tends to keep things on the lower end of the pricing spectrum.
Texas Precious Metals’ IRA Program
Texas Precious Metals offers an IRA rollover program through The Entrust Group, New Direction IRA, and/or GoldStar Trust Company. Seeing as they stock an assortment of IRA-eligible coins and bars, Texas Precious Metals and your personal IRA account can be handled and funded all at the same online location.
Texas Precious Metals’ Shipping and Insurance Rates
All purchases from Texas Precious Metals are shipped fully insured. One convenient aspect of their shipping program is that all orders are shipped via UPS overnight delivery with tracking information included. For all orders totaling less than $5,000, shipping and insurance fees will be a flat $25. All orders totaling $5,000+ will ship fully insured free of charge.
Payment Methods Accepted by Texas Precious Metals
When you purchase precious metals from Texas Precious Metals, you have the options of paying for your order via cash (pickup only), paper check (excluding bank and cashier’s checks), or via bank wire. Below we will discuss and elaborate upon the requirements and restrictions attached to each payment method.
- Personal Check – An option for orders totaling $15,000 or less
- Bank Wire – An option for any and all orders
Our main complaint with regard to Texas Precious Metals payment structure is the fact that they do not allow credit/debit card payments. While the two methods of payment accepted by TPM are two of the safest transaction methods around, there is no denying that credit/debit card payments are the easiest.
Is Texas Precious Metals A Scam?
Due to the fact that most precious metals transactions are of extremely high value, it comes as no surprise that people will only deal with the most trustworthy companies. To put it simply, Texas Precious Metals has a great reputation with regard to being a trustworthy online dealer of precious metals. The company has handled hundreds of thousands of transactions through the years and is accredited by the Better Business Bureau (BBB) with an A+ rating. In the last year, Texas Precious Metals has only received one complaint through the BBB, and it has been resolved.
Texas Precious Metals offers all sorts of gold, silver, and platinum products from a variety of worldwide mints. Their products are all guaranteed to be authentic and are sold at prices that are among the best in the industry.