Lear Capital

Lear Capital

 4.7/5 (1160 reviews)
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Lear Capital
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About Lear Capital

Lear Capital has been involved in the precious metals industry since 1997, and it's now completed more than $3 billion in transactions. It can help you buy, sell and trade bullion, rare coins and physical gold and silver. It also offers a Price Advantage Guarantee for added transparency.

Overall Satisfaction Rating

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Pros

  • In business a relatively long time
  • Transparent pricing
  • Full-service gold dealer

Cons

  • Website can be hard to navigate
  • Only one depository option

Bottom Line

Lear Capital lets you invest in precious metals through IRAs, bullion or rare coins. IRAs cost a relatively low flat fee, and your IRA investments are secured by Delaware Depository.

Top Lear Capital Reviews

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Rated with 5 stars
Verified

Ordering silver today was an easy process and a positive experience. Although I was unsure of what kind of silver to buy, Brad make me feel like I made the right choice and that i...

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Rated with 5 stars
Verified

I couldn’t be happier with my experience. Morrey answered all of my questions and explained things thoroughly. He was very professional and personable, and the best part was that ...

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Gold IRA disclaimer

Gold and other precious metal IRAs are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.

About Lear Capital

Lear Capital can help you diversify your investment portfolios with precious metal bullion (coins and bars by weight), numismatic coins and precious metal IRAs. To help you make informed decisions, Lear Capital also provides real-time guidance and access to daily and weekly updates.

How does Lear Capital work?

Establishing a precious metals IRA with Lear Capital is a convenient way to diversify your portfolio. To begin, a dedicated account team member walks you through the application process, which takes about 10 minutes to complete. Once the application is processed and approved, your account is set up within 24 hours.

Lear Capital then reaches out to your current IRA custodian on your behalf to arrange for the tax-free rollover of your funds. The funds are transferred via bank wire and deposited into your new precious metals IRA.

You can then arrange to buy precious metals for your IRA. Lear Capital offers a three-step Price Advantage Guarantee for every transaction, which provides you with a written account agreement, a phone confirmation and a written confirmation. All IRA metals are stored in an IRS-approved vault courtesy of Delaware Depository. The metals are backed with a comprehensive insurance policy from Lloyd’s of London, too.

Lear Capital products and services

Lear Capital offers a variety of products and services, including:

  • Self-directed IRAs: You can transfer funds or roll over portions of an existing IRA into a precious metals IRA. Your physical metals are stored in a private storage facility, but you get the same tax advantages as you would with a normal IRA.
  • Precious metals: You can buy rare coins and gold, silver and platinum bullion (including IRA-eligible products) on Lear Capital’s website. However, its online store is down at the time of publishing.

Lear Capital also has a comprehensive resource library that includes a precious metals encyclopedia, market charts and free guides on precious metals and retirement accounts.

Lear Capital cost

Lear Capital charges a flat $160 annual fee for self-directed IRAs and no other fees. This includes storage, insurance and 24/7 account access online. Pricing for individual gold, silver and platinum products varies over time, so it’s a good idea to check Lear Capital’s website or call to see the latest information.

Lear Capital FAQ

Which coins are IRA-eligible?

A full list of Lear Capital’s IRA-eligible coins can be found on its website. In general, gold bullion must be at least 99.5% pure, silver bullion must be 99.9% pure, and platinum bullion must be 99.95% pure.

How can I track the performance of my Lear Capital portfolio?

With Lear Capital, your IRA custodian, Self Directed IRA Services, Inc., will offer a website with 24/7 access to your portfolio’s performance. Lear Capital also provides quarterly statements that can be mailed directly to your home address.

Where are my metals stored with Lear Capital?

Lear Capital stores client metals with Delaware Depository, which is an IRS-approved depository. The depository also provides a comprehensive insurance policy underwritten by Lloyd’s of London.

Can I make contributions to my Lear Capital account?

Yes, you can set a recurring schedule to have your contributions automatically transferred into your precious metals IRA.

Is Lear Capital legit?

Working with Lear Capital to diversify your investment portfolio can be a smart choice. It offers bullion, numismatic coins and self-directed IRAs, so you have multiple options for investing in precious metals. Lear Capital also provides market data, insights and price notifications to help you protect and grow your investments, and this info is important if you want to be an active investor.

Lear Capital Reviews

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Page 1 Reviews 0 - 5
Rated with 5 stars
Verified Reviewer Verified Buyer
Original review: March 15, 2023

I have just placed an order for gold and silver with Lear. I had purchased Au and Ag with you about 12 years ago and remember it being a very positive experience. Calling and talking to and placing the order through Bradford Kaye was likewise as positive! He was very good about taking me through and explaining each step, and answering any and all questions I had with patience and excellence! I also appreciated there being no condescension, or frustration with me when I called him back with further questions. He certainly well represents Lear Capital! Thank you.

Lear Capital response

John, thank you for your kind words about Bradford! We are happy to hear you received helpful and accessible communication from our team, and we appreciate you taking the time to share. Thank you for choosing Lear Capital.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: March 1, 2023

    I am a newbie metals customer feeling very pleased. My risk/reward spreadsheet for this purchase based was on 1) laser focused information provided at the time of this order, and 2) what I can see to be a perfect customer-to-metals match. At order time, the review of past and near-term historical factors (of which there is an array) set the stage to move forward right away – at lightning speed given the task at hand. I may still have a few questions for the sake of clarity but, feel confident that Lear is a great choice for my needs.

    Lear Capital response

    Peggy, thank you for your helpful and kind review about your experience with Lear Capital! We are glad to hear that you received informative knowledge for your investment decisions. Please don't hesitate to reach out to your account executive or our customer care team with any other questions! CustomerCare@learcapital.com or 1-800-885-LEAR(5327). Thank you for choosing Lear Capital.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Feb. 28, 2023

    Over the years, my parents purchased a fair amount to gold coins from Lear Capital. It came time to sell the coins and I immediately reached out to the Lear. I connected with Morrey ** and have only great things to say about that experience. He was patient, offered a fair purchase price, was responsive to all of my calls, and handled the transaction perfectly. Without any hesitation, I recommend Lear Capital and Morrey.

    Lear Capital response

    John, thank you for your kind recommendation of Morrey! We are glad to hear that communication went well and he was able to assist with this transaction. We appreciate you giving us the opportunity to partner with you as well as your parents. Thank you for choosing Lear Capital.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Feb. 15, 2023

    I have more than 50 Years experience developing customer and employee relationships. MORREY **'S APPROACH TO NEW CUSTOMERS IS MAGIC. As a novice to precious metals, he walked me through this process step by step answering all my questions and concerns. I'm not only comfortable with the new account, but it feels like I have a new friend and work partner. I will recommend him to all my friends.

    Lear Capital response

    Jeff, thank you for your encouraging words about Morrey! We love hearing your enthusiasm for the communication and care you received from our team, and we appreciate you taking the time to share. Thank you for choosing Lear Capital!

    Be the first one to find this review helpful
    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: July 6, 2022

    I had been hearing more about the benefits of investing in gold/silver, but didn’t know where to start. Someone had sent me some info about Lear Capital so I thought I would give them a call. I was nervous and a bit skeptical at first. From the moment I talked to Daniel, he put my mind at ease, explaining everything in ways I would understand and made this such an easy process.

    My husband hadn’t been in on my call and was initially concerned about my investment in silver through Lear. When I called Daniel back to discuss, he sent me so many good articles and offered to talk with my husband as well. I have appreciated how I have received really quick responses to my inquiries as well as updates about my investment. I feel confident that I made the right choice going through Lear especially now that I have been watching my monetary investments plummet. I highly recommend Lear Capital.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: March 6, 2023

    I have worked with Morrey W. on several transactions with Lear Capital for several years now and really appreciate his kind, patient, and overall excellent service! Amazingly, he knows just when to call or reach out to me. Thanks so much!

    Lear Capital response

    Lisa, thank you for your gracious words about Morrey! We are happy to hear of your positive experience, and we appreciate you taking the time to share it. Thank you for choosing to partner with Lear Capital!

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Feb. 25, 2023

    As this was my first purchase of precious metals, I was hesitant at first until I talk to the people at Lear Capital. They were upfront about the good and bads of investing in precious metals (unfortunately nothing is perfect), answering all of my questions, having multiple options and comparisons to other investment strategies, allowing me to make the best decision. Looking forward to growing my investments with folks at Lear Capital!

    Lear Capital response

    Luke, thank you for your honest words and positive review! We appreciate you taking the time to share your experience of partnering with us in your precious metals investment. Thank you for choosing Lear Capital.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Feb. 23, 2023

    Derek is great to work with. Before my first purchase he explained all my options and guided me through the gold/silver buying process. The second time I made a purchase, I felt more confident in the selections I chose.

    Lear Capital response

    Kathy, thank you for your thoughtful words about Derek. We are glad he has been helpful and informative in your investments. Thank you for continuing to partner with Lear Capital!

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Feb. 22, 2023

    I worked with Daniel **, me being a newbie. Dan was helpful, patient, and knowledgeable. I asked questions and received answers that helped both the experience investor or new like me. I recommend Mr. **. My experience is rated five stars out of five.

    Lear Capital response

    James, thank you for your complementary words about Daniel. We are glad he was able to deliver helpful information to guide your investment. Thank you for choosing Lear Capital and for the kind recommendation!

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    Rated with 4 stars
    Verified Reviewer Verified Buyer
    Original review: Feb. 17, 2023

    After a small glitch, I did receive all product in good condition. Peter was very helpful in expediting my delivery. If I decide to purchase more, I will use Lear as they seem to be very trustworthy and easy to work with.

    Lear Capital response

    Ruth, thank you for taking the time to share your experience. We are sorry for the inconvenience with your shipment mishap! Thank you for your patience as we made sure to make everything right. We are glad to hear that Peter was so helpful in your investment, and we appreciate the encouraging words. Thank you for choosing Lear Capital!

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    Lear Capital Company Information

    Social media:
    Company Name:
    Lear Capital
    Company Type:
    Private
    Year Founded:
    1997
    Address:
    1990 S. Bundy
    City:
    Los Angeles
    State/Province:
    CA
    Postal Code:
    90025
    Country:
    United States
    Website:
    www.learcapital.com