Last updated on March 31st, 2021

Home / Precious Metals / Investment Company / Is Patriot Gold Group good to work as an investor?

Patriot Gold Group Review

Patriot gold group

Patriot Gold Group has a solid 5.0-star review on Google based on 150 users’ reviews – these 150 persons can’t be biased or paid to write good stuff about the Patriot Gold Group.

Patriot Gold Group must be a good precious metal firm to have bagged all these positive impressions and reviews.

There are lots of companies in the United States that provide precious metals for IRAs and other similar services to people living within the country and its environs.

However, you should be careful when picking a precious metal company to start investing in gold, silver, and other precious metals.

Patriot Gold Group provides flexible services and boasts of working with handpicked employees who are experts in the field. It is a famous U.S. precious metal firm; nevertheless, I’d strongly suggest that you read this Patriot Gold Group Review before going on to start investing with this company.

Contact Details

Address: 620 Cathcart, Suite 900
Montreal, Quebec
Phone: 514 875-4820

Company Background

This company was founded by Jack Hanney, who is also the current CEO of the company. Interestingly, the Patriot Gold Group was rated the number one GOLD IRA Dealer in the United States for four consecutive years (2016, 2017, 2018, and 2019).

While it is a bit difficult to say the exact year this company was founded, here is what you will find when searching to know when the Patriot Gold Group was founded.

According to Business Consumer Alliance (BCA), the Patriot Gold Group has been operating since 1990; however, some other reputable mediums have published that the Patriot Gold Group was actually founded in 1986.

Having this in mind, one can say that the Patriot Gold Group has been around for over 3 decades.

More so, Patriot Gold Group claims that its employees are all experts in the precious metals market. Customers/investors have also confirmed that the customer service offered this company’s support team is superb and satisfying.

This company provides various types of precious metals, as well as Individual Retirement Accounts to people living in the United States. Also, the Patriot Gold Group helps to recommend safe storage facilities where you can keep your precious metals because it is not advisable to store precious metals at home.

Nevertheless, if you really want to save your precious metals at home. The Patriot Gold Group can help to put you through the implications and requirements.

According to the company, the Patriot Gold Group (PGG) aims at providing its clientele with the easiest steps to manage their IRAs, as well as provide a flexible platform for precious metals investors.

So far, PGG has gained a solid positive reputation; thus, gaining the trust of thousands of Americans to invest with them.

The importance of investing in gold and/or other precious metals cannot be overemphasized. But you must be careful when making gold investments, and that’s why you should always read up comprehensive reviews about Gold dealers and companies, compare, and then pick the one that seems more flexible for your needs.

👍 Pros of Patriot Gold Group

  •  No charges for setting up IRAs
  •  Excellent customer support system
  •  Upon creating a new IRA, new clients can get up to $2,500 bonus metals
  •  Seamless, fast, and easy IRA rollover or transfer services

👎 Cons of Patriot Gold Group

You may have to call the customer support to get cleared about most services being offered by the company because the website doesn’t provide all the details you may need.

Services Offered

It may interest you to know that Patriot Gold Group provides only services that are related to owning and saving precious metals. The company is focused on what it does and not interested in providing many services so that it would be able to treat its clients perfectly.

Below are the few services offered by PPG:

1. Gold IRA Account

Patriot Gold Group guides its clients to setting up GOLD IRAs following simpler steps and documentations, compared to other firms that provide such services. Also, once you open a Gold account with PPG, an expert is assigned to manage your account, so you have nothing to worry about.

2. Secure Vault Storage

Interestingly, this company owns and is affiliated with quite a number of storage services across USA. Clients are being guided to choose a comfortable vault storage to save their precious metals from Patriot Gold Group.

3. Home Safe Storage

Basically, people differ from one another. While it is not advisable to store precious metals at home, some investors would still prefer to lock up their precious metals in their homes. Hence, Patriot Gold Group help their clients to save their metals in any convenient vault of their choice – whether private or public.

4. Investor Direct Pricing

This is likely the most compelling incentive a precious metals firm can offer – Investor-Direct Pricing. Most gold dealers attach a percentage to the actual price of their metals; this percentage is for the thirds parties involved in the investment process.

However, Patriot Gold Group charges a one-time setup fee of $225 if you’re setting up a new IRA below $30,000 – a new IRA of above $30k won’t need this setup fee.

The company’s No Fee for Life IRA policy applies to accounts of $250,000 and above.

⚠️Is Patriot Gold Group Legit or Scam?

Don't be scared; Patriot Gold Group is a legit gold dealer in the United States – It is fully licensed to operate and is accredited by the Professional Coin Grading Service (PCGS). However, this company is not listed on Yelp and Trustlink directories.

We all know that appearance in Yelp and Trustlink directories helps to boost people's trust for a company, and since PPG isn't listed on these platforms, some people have imagined if it is a scam or legit.

But, Patriot Gold Group has a 5-star rating on Google (based on 150 reviews), A+ rating on BBB (based on 5 users’ reviews), 4.6-star rating on TrustPilot (based on 27 reviews), and a 5-star rating on ConsumerAffairs (based on 167 reviews).

Looking at these reviews, it is easy to say that the Patriot Gold Group is a legit platform.

Patriot Gold Group Executives

  • Jack Hanney – Founder and Chief Executive Officer (CEO)
  • Mike Celano – Senior Partner
  • Charley Chartoff – Senior Partner
  • Andrew Clay – Portfolio Manager
  • Frank Johnson – Retirement Specialist

Patriot Gold Group Review

You have to read this section carefully – it is the most important part of this article. Certainly, you wouldn’t love to settle with a rigid company while there are lots of flexible alternatives you can explore.

Well, it's not like PPG isn't a flexible Gold dealer, but I just said that to get more of your attention. Without saying much, here's the Patriot Gold Group Review.

This part will be treated in sectors to elaborate on the features, benefits, and downsides of investing with the Patriot Gold Group.

1. Usability

Patriot Gold Group provides precious metals to American citizens and people residing in the country. You will need to visit the company’s official website to access their services and decide on which one you wish to engage with.

The Patriot Gold Group’s website is quite intuitive, easy to navigate, and contains quite a lot of information regarding the services provided by the company.  

All precious metals offered by PPG are easily accessible on the website; however, you will need to reach out to the customer support to get started with purchasing a premium coin from Patriot Gold Group.

2. Precious Metals IRA

Opening a precious metal individual retirement account with the Patriot Gold Group is seamless and involves fewer procedures than other companies that are into this business. You are not going to be the person to handle/manage your account.

PPG assigns one of its expert representatives to oversee your IRA activities, as well as help out in transferring or rolling over IRAs.

All you need do to create a precious metals IRA with Patriot Gold Group is to complete a handy form, get the free Gold IRA Investor Guide, and converse with a professional in the field who will clarify you on any question you may need to ask.

Also, it is important to note that all IRA rules apply to your precious metal account with Patriot Gold Group.

Whether you’re operating Roth IRA or traditional IRA, it is advisable to first speak with an expert, and male sure that you understand the tax rules and regulations that guide the operation of precious metals IRAs.

More interestingly, the Patriot Gold Group has a dedicated 401(k) and IRA Rollover department that will help you in this regard.

Finally, when you set up an Individual Retirement Account with Patriot Gold Group, the assigned representative will explain to you how you can buy and save precious metals from this company.

3. Available coins

You can buy gold or silver coins from Patriot Gold Group. The company provides gold bullion, silver bullion, private gold or silver coins, and IRA-eligible coins. These are the precious metals you can buy from Patriot Gold Group.

Arguably, you should know that gold and silver are the future – investing in them at this time will secure your money and offer the best value for your money any time, irrespective of what’s happening to the economy.

There are different kinds of gold and silver coins available on the company’s website – gold is costlier than silver, you should already know that. If you find a gold or silver coin you wish to invest in, simply place a call to the company’s support team to get started.

4. Cost of Precious Metals Offered by Patriot Gold Group

You must place a call to Patriot Gold Group to get the current pricing of the gold bullion or coin you wish to buy. However, the pricing is reasonable and fair – you may not want to try other alternatives because it appears you’re getting the best deal from these guys.

Also, the Patriot Gold Group provides a comprehensive page on its website that compares its various precious metals to Dollar. You can access the page and learn how gold or silver has gained over the top world currencies. The knowledge center page contains a lot of information you really should know.

It would interest you to know that in 2010, silver rose above against all major world currencies, about 97% against Euro. To know more about this, you’ll be linked with a Senior Partner.

5. Customer Support

Patriot Gold Group’s customer support is one of the best. The representatives spend their time to lecture you on everything you should know before investing in any of the company's precious metals.

Excellent customer support is what helps to grow a business quickly. When you provide poor support to your clients, you’re placing your business on a time bomb of failure. On the other hand, when you provide satisfying customer support to your customers, they may even advertise your business freely.

To contact Patriot Gold Group, you have to go through the “Contact” page on the website or place a call to 800-974-4653.

However, here is the phone call times – Mondays – Thursdays 7 AM – 5 PM PST, and 7 AM – 3 PM PST on Fridays.

Are the values of my precious metals for my IRA guaranteed?

No one can guarantee the future values of different precious metals but it can only be predicted. An investor should know that prices fall and rise almost every day.

Can I add bars to my IRA?

You can only add a precious metal in the form of a gold coin or silver coin to your IRA. Moreso, before gold or silver is accepted for IRA, gold or silver must reach a certain level of fineness. However, the Patriot Gold Group provides IRA-eligible coins and bars.

What are my storage options?

You can decide to save your precious metal with any company that offers a storage facility for precious metals. Nevertheless, the Patriot Gold Group recommends some storage companies you should go with. It is not compulsory to go with Patriot’s recommended storage service.

However, you cannot save precious coins added to your IRA at home. You can only save other types of precious metals that are not meant for IRAs in a secure vault at home.

Diversify & Grow Your IRA with Metals and Cryptos