McAlvany Review

McAlvany

McAlvany International Collector's Associates, Ltd. is a precious metal dealer that sells physical metals in forms of bullion and coins. The company also assists its clients in creating precious metal-backed IRAs and storage accounts.

When I was looking on their website this note took my attention.

“America’s FOREMOST precious metals advisors since 1972.” It is clear that company is proudly serving almost half a century now which is quite impressive.

Let's face it, most businesses in the precious metal industry don't last over a decade or two. Call it due to bad management, unresolved customer issues or lawsuits against the companies. None of these cases seems to be applicable to McAlvany.

Company Background

Founding Team

McAlvany ICA is a family-owned company established more than 4 decades ago by Donald and Molly McAlvany. Donald McAlvany (Chairman) and his son David McAlvany (President / CEO) still manage the business today.

Donald is the editor of the McAlvany Intelligence Advisor newsletter, which covers the latest financial and geostrategic information related topics.

Year of establishment and headquarters

The business has its headquarters in Durango, Colorado, was founded in 1972 and is BBB-accredited since 1993.

Primary operational areas

McAlvany International Collector's Associates, Ltd. is a coin and bullion retailer dedicated to the sale of gold and silver and assisting clients in creating IRAs and storage accounts for precious metals.

McAlvany ICA offers a range of gold, silver, and bullion and coins. Their gold coin collection contains popular IRA-eligible coins, such as Canadian Maple Leaf, the American Gold Eagle, and American Gold Buffalo.

They also incentivize their customers to create IRAs for precious metals, however, it is not evident which IRA custodian they are working with. So we're not entirely sure how much that would cost to hold precious metals in an IRA opened with McAlvany.

Contact Details

166 Turner Dr, Durango, CO 81303
Phone: 1-800-525-9556
Fax: 1-970-259-2673
info@mcalvany.com

Offered Products & Services

Physical Precious Metal Sales

On their website, you can find available coin and bullion products. One thing took my attention there is no pricing information is displayed on their site.

I think you should contact the company in order to get price information. I mean yes gold and silver prices change rapidly, and it is inconvenient for the companies to show pricing since it will get old quickly.

But there are other companies don't hold displaying their pricing information back from potential clients.

How Do You Buy Gold Or Silver with the company?

According to their website, this is how you can buy metals with McAlvany ICA.

  • Schedule your free portfolio review
  • Receive a customized investment proposal
  • Buy gold or silver for your portfolio
  • Add free ounces through proven strategies

Here are all the products I could find on their inventory.

Gold bars

  • 1 kilo Gold Bar
  • 1-oz Gold Bar

Gold coins

  • $20 Liberty Gold Double Eagle MS Series
  • $20 Saint-Gaudens Gold Double Eagle MS Series
  • 1-oz Gold American Eagle
  • 1-oz Gold Canadian Maple Leaf
  • 1-oz Gold South African Krugerrand
  • Dutch 10 Guilder
  • MS60 British Sovereigns
  • MS60 Netherlands 10 Guilders
  • VF $20 Liberty

Silver Bars

  • 1-oz Silver Bar

Platinum bars

  • 1-oz Platinum Bar
  • 10-oz Silver Bar
  • 100-oz Silver Bar
  • 1000-oz Silver Bar

Precious Metals IRA

The company helps investors with precious metal rollovers. Investors can open Precious Metals IRA accounts and store qualified metals in their portfolio.

Precious Metals Storage

Although it is mentioned that McAlvany ICA helps its customers storing their physical metals, it is not defined which depository they work with. That said they work with depositories that allow both national and international storage locations.

Here how they support their clients with precious metals storage.

Step #1: Client works with an advisor from ICA.

Step #2: ICA reviews client's existing portfolio.

Step #3: ICA advises the best way to build client's portfolio.

Step #4: Client's storage needs are reviewed by ICA.

Step #5: ICA recommends a storage place that meets client's needs.

Step #6: ICA facilitates the client's metals purchase and coordinates the delivery of it to the selected depository.

Ratings & Complaints

Ratings and reviews from the most trusted Internet directories and rating authorities are as follows:

  • BBB Complaints: 1 complaint in the last 3 years (Details)
  • BBB Rating: A+ (Details)
  • BCA Rating: Not Listed
  • CitySearch: Not Listed
  • Google+: Not Rated (Profile)
  • RipOff Report: Not Listed
  • SiteJabber: Not Rated (Details)
  • Trustlink: Not Rated (Details)
  • Yellow Pages: Not Rated (Details)
  • Yelp: Not Listed

Based on the above data, we can understand that McAlvany has a very minuscule online presence, with the Better Business Bureau having their only rating. With no past court cases and no complaints made.

However, they have built up a reputation strong enough to earn a sot on our top business list. They also have an active Google+ profile but they didn't receive any reviews from other users yet.

Conclusion 

The company overall a legit reliable precious metal dealer to work with.

However, for a company that is on the market quite a lot of time, I would expect to see more online presence. Assuming they do a sufficient volume of customers they should have feedback (both positive and negative) on the platforms.