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Patriot Gold Group Reviews An Honest Look| Lawsuits And Complaints, Fees And More

Patriot Gold Group Reviews | An Honest Look| Lawsuits And Complaints, Fees And More


Investing in gold can be a wise decision, especially in uncertain economic times. One of the well-known companies in this sector is Patriot Gold Group. 

This article aims to provide an honest and comprehensive review of Patriot Gold Group, including customer reviews, lawsuits, complaints, fees, and more.

Patriot Gold Group is a reputable company specializing in gold and precious metal investments. Established with the goal of helping investors secure their financial future, they offer a range of services tailored to individual investment needs.

Choosing whether to roll over an IRA or 401(k) into a Gold or Silver IRA is typically simple for customers.

No one does this to look for the perfect company to partner with. Not all of them are created equally.

If you're ready to act quickly, we suggest selecting the most reliable precious metals supplier we work with.

Before moving forward…

We have put a lot of effort into reviewing, researching, and outlining the key details that investors should be aware of prior to making an investment. 

The top 5 gold IRA firms have been selected from a long list.

I advise you to review the list before transferring any IRAs.

For several reasons, including their A+ BBB rating, thousands of top rankings, and Money magazine's designation as the "Best Gold IRA Company," Augusta Precious Metals is our top pick. Additionally, they will cover all storage and cleaning costs for up to 10 years!

What Is Patriot Gold Group?

patriot gold group pros and cons

Patriot Gold Group was founded by industry veterans with extensive experience in precious metals and investment services. 

Patriot Gold Group is based in Seal Beach, California, and according to their Business Consumer Alliance membership profile, they have been operational since 2016.

 Patriot Gold is a Numismatic Guaranty Corporation member and a recognized Professional Coin Grading Service (PCGS) firm.

Their team is dedicated to providing personalized service to each client, ensuring they receive the best advice and support for their investment goals.

The company's mission is to provide a secure and profitable investment experience for their clients. 

Their vision encompasses transparency, integrity, and superior customer service, aiming to build long-term relationships with investors.

Patriot Gold Group Review-Products And Services

Gold and Silver IRAs

Patriot Gold Group specializes in Gold and Silver IRAs, allowing investors to diversify their retirement portfolios with physical precious metals.

Direct Purchases

Investors can also make direct purchases of gold, silver, platinum, and palladium, with options for home delivery or secure storage.

Patriot Gold Group agents sell a wide range of precious metals, but not all of them are intended for IRAs. 

The following metals are the only ones permitted by the Taxpayer Relief Act of 1997 for self-directed or alternative-asset IRAs: gold, silver, platinum, and palladium.

Silver: Coins and bars made of silver must have a minimum fineness of.999 percent in order to be included in an IRA.

Gold: With the exception of the American Gold Eagle, gold bullion must have a minimum purity of.995 percent in order to be included in an IRA account.

Palladium and platinum: Platinum must have a minimum fineness of.9995 percent in order to be included in an IRA.

Patriot Gold offers bullion bars, coins, and IRA-friendly coinage made of precious metals. Patriot Gold Group offers in coins and bullion that can be bought outside of a precious metals IRA, much like the majority of precious metals brokers. 

Customers are recommended to familiarize themselves with the rules pertaining to every purchase and the precious metals form they are contemplating, as some of these goods are subject to particular reporting laws.

Making decisions is made easier by their open labeling of assets on their website that qualify for an IRA. 

The product line offered by Patriot Gold comprises gold and silver coins from reputable royal mints across the globe, including those in Canada, Australia, and the United Kingdom. Patriot Gold offers the following unique and highly sought-after gold and silver coins:

  • The Mayflower gold coin from the Royal Mint ¼ oz.
  • The U.S/U.K Atlantic alliance gold coin from the royal mint.
  • Royal Canadian gold polar bear and cub coin.
  • Silver Kennedy Half Dollar BU.
  • Proof silver American eagle 1 oz.
  • Australian spotted eagle ray 1.5 oz silver coin.
patriot gold goup fees and pricing

Patriot Gold Group Fees And Pricing

Patriot Gold Group prides itself on transparency when it comes to fees. They provide a detailed breakdown of costs associated with purchasing and storing precious metals, ensuring there are no hidden charges.
The company offers competitive pricing for gold and other precious metals.

 Tier-based fees apply to Gold RIAs. Patriot Gold, for instance, charges a $225 startup cost for new Precious Metals IRAs; however, this fee is waived for investments over $30,000. 

In addition, it reimburses the $260 first-year rollover cost and waives the first one to three years' storage fees. Accounts above $100,000 are exempt from all IRA fees, while accounts over $250,000 are eligible for the "No Fee for Life IRA." This implies that Patriot Gold will cover the cost of transportation to your house or into and out of a depository.

The fees that custodians and storage facilities charge are independent of those charged by Patriot Gold Group. Before opening an account, make sure to confirm the costs associated with the kinds of transactions you plan to make through the IRA.

The amount of the annual storage and insurance costs owed to the custodian is determined by the balance or transfer of your account. Patriot Gold has a working partnership with Equity Institutional and STRATA Trust, but they are willing to deal with any custodian. 

Additional custodial fees for activities like withdrawing money from your IRA, processing documents, closing the account, or sending money overseas can range from $5 to $250.

Patriot Gold Group Pros And Cons

Very little money should be charged to open an IRA.
Direct communication between customers and owners allows them to receive investment advice.
The business offers its clients direct pricing with no further markup.
Provide safe, covered storage at depositories in Delaware and Texas.

To obtain sufficient information, you must phone or complete a form on the internet.

Patriot Gold Group Reviews Lawsuits And Complaints

patriot gold group lawsuits and complaints

Patriot Gold Group's parent business, Halt Gold Group, is rated A+ by the Better Business Bureau (BBB). There isn't a separate BBB listing for Patriot Gold. Out of 128 reviews, Patriot Gold Group has a five-star rating on ConsumerAffairs with very few complaints. 

The majority of those complaints center on coin value issues and trading fee charges. Four and a half stars are given in Facebook reviews, and several consumers complimented the agents' patience in explaining Precious Metals IRAs in Google reviews.

Better Business Bureau (BBB) RatingA+,Number Of reviews 0,Complaints in past 12 month 0

Business Consumer Alliance  Rating AA,Number of reviews 17,Complaints in past 12 month 0

TrustPilot  Rating 4.9/5, Number of reviews 195, 0 reviews that are below 4-star

Consumer Affairs Rating 5/5,Number of reviews 866 0 reviews that are below 4-star

Patriot Gold Group How To Get Started?

First step: Create a Self-Directed IRA.
You must open a Patriot Gold SDIRA (self-directed IRA) in order to invest in precious metals. Thankfully, Patriot Gold does not demand that you pay or get assistance from a financial professional in order to set up the account.

Rather, the business assigns you a customer support specialist who walks you through every stage of the procedure. All you need to do is ensure that your social security number and a few personal details are readily available, and your account should be created within a day or less.

 Step2: Contribute to Your IRA
Your customer care agent will ask you to fund your gold or silver IRA account once it has been fully set up. You can now choose to fund your account with new money or move money from your current standard IRA or 401(k) to your new SDIRA.

Patriot Gold assists you in this process as well by putting you in touch with your former custodian and setting them up with your new one so that the transfer can start.

 Purchase Precious Metals in Step #3

Your chosen advisor will contact you to discuss the precious metal you will be investing in as soon as you have deposited the minimum amount of monies into your account. Your advisor will assess your present portfolio and make investment recommendations for you based on your feedback.

Patriot Gold will take care of the safe delivery of your metals to your residence or the depository of your choice once you make your purchase.

 Step 4: Sell your Assets
The only other time you'll need to get in touch with the business or your custodian after they assume custody of your assets is if you need to sell or liquidate them. You can do that by giving the number listed on the business's website another ring.

Patriot Gold Group Alternative And Top Competitors

1-Augusta Precious Metals

1-thousands of 5-star reviews. Additionally, there are hundreds of reviews on BBB, BCA, TrustLink, and other consumer protection websites.

2-Joe Montana and his finance team’s endorsement.

3-An original, no-cost, one-on-one instructional web conference created by a Harvard-trained economist employed by Augusta.


2- Goldco

1-AAA Business Consumers Alliance Rating, A+ BBB Rating, 5-Star Review on Trustpilot, Trustlink, Google Reviews, and Consumer Affairs

2-Best Price Buyback Promise

3-Every client is eligible for up to 10% in FREE silver.


3-American Hartford Gold

1-Specifically Recommend by Rick Harrison, Mayor Giuliani, Bill O’Reilly, and Others

2-Deliveries of precious metals totaling more than $1 billion and thousands of satisfied customers

3-Up to $10,000 in FREE Silver is being offered.


4- Birch Gold Group

1-Credibility according to Trust Pilot and an A+ rating from the BBB

2-more than 7,000 clients since 2003

3-Any order above $10,000 will receive free shipping.


5-Noble Gold

1-Service and storage costs are fixed.

2-a wealth of educational resources

3-minimal investment required

Patriot Gold Group FAQ'S

Is Patriot Gold Group a reputable company? 

Yes, Patriot Gold Group is a reputable company with a strong track record in the precious metals industry.

What fees does Patriot Gold Group charge? 

The company provides a transparent fee structure, with detailed information on costs associated with purchasing and storing precious metals.

How do I start investing with Patriot Gold Group? 

Investors can begin with a free consultation to discuss their goals and receive personalized recommendations.

What storage options are available? Patriot Gold Group offers secure storage through reputable vault providers and home delivery for those who prefer to store their metals personally.

Can I purchase precious metals directly? 

Yes, investors can make direct purchases of gold, silver, platinum, and palladium.

Why You Should Trust Us: How We Reviewed  Patriot Gold Group?

We used Goldinvestingarena’s investing platform rating system to assess Patriot Gold Group. 

On a scale of 0 to 5, we evaluated costs, account options, customer service, and investment selection. 

While some investing platforms target novices, others are more appropriate for more experienced investors. 

Patriot Gold Group’s performance in each category was the main point of examination.

Patriot Gold Group Verdict

For people who want to invest in gold and silver, Patriot Gold Group is a good option. The business is ranked among the most popular websites in the US, with an A+ rating from the Better Business Bureau, and a 4.9/5.0 Trustpilot rating.

Therefore, I would strongly advise you to thoroughly assess your individual investment aims and position before moving forward.

By contrasting the company's offerings with your unique investing requirements, you can make an informed investment choice. Check out my article on the top gold IRA providers to help you decide.