Lear Capital Reviews

4,878,129reviews on ConsumerAffairs are verified
  • We require contact information to ensure our reviewers are real.
  • Our moderators read all reviews to verify quality and helpfulness.
  • We use intelligent software that helps us maintain the integrity of reviews.
+2 more
Author picture
Fact-checked by: Jon Bortin

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.

Pros
  • In business a relatively long time
  • Transparent pricing
  • Full-service gold dealer
  • 24-hour risk-free purchase guarantee
Cons
  • Website can be hard to navigate
  • Only one depository option

Featured Reviews

Carrabassett Valley, ME
Verified purchase
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...

Read more

Algoma, WI
Verified purchase
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 ...

Read more

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.

What is 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 $200 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

Did Lear Capital file for bankruptcy?

Yes, Lear Capital filed for bankruptcy in 2022. Lear Capital completed a Chapter 11 reorganization in 2024 and restructured its finances, allowing it to continue operating. Following the reorganization, Lear Capital made changes to improve transparency and customer experience. Since those changes, its customer reviews have become more positive.

At the time of the filing, the company was being investigated by state securities regulators for deceptive practices and misleading marketing. As part of a settlement, it agreed to pay $5.5 million to compensate affected investors.

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

Filter by Rating

  • (1,338)
  • (140)
  • (33)
  • (30)
  • (77)

Popular Mentions

    How do I know I can trust these reviews about Lear Capital?
    • 4,878,129 reviews on ConsumerAffairs are verified.
    • We require contact information to ensure our reviewers are real.
    • We use intelligent software that helps us maintain the integrity of reviews.
    • Our moderators read all reviews to verify quality and helpfulness.
    Top reviews
    • Top reviews
    • Recent
    • Oldest
    • Most helpful

    A link has directed you to this review. Its location on this page may change next time you visit.

    3 featured reviews
    How do I know I can trust these reviews about Lear Capital?
    • 4,878,129 reviews on ConsumerAffairs are verified.
    • We require contact information to ensure our reviewers are real.
    • We use intelligent software that helps us maintain the integrity of reviews.
    • Our moderators read all reviews to verify quality and helpfulness.
    Page 1 Reviews 0 - 5
    Verified purchase
    Customer ServiceStaff

    Reviewed April 6, 2026

    I was very pleased today with the assistance offered by Peter **. I called Lear Capital two times before making my purchase. Each time, Mr. ** answered all my questions thoroughly. He was very knowledgeable, and did a lot of explaining of the answers to my questions. He was very helpful with my decision-making. He seemed very enthusiastic, and I was very pleased with the amount of time he spent with me. It made me feel very comfortable with my purchase today. He is definitely a real asset to your company. Dale **.

    Thanks for your vote!

    Not sure how to choose?

    Get buying tips about Gold IRA Companies delivered to your inbox.

      By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Unsubscribe at any time.

      Thanks for subscribing.

      You have successfully subscribed to our newsletter! Enjoy reading our tips and recommendations.

      Verified purchase
      Customer ServiceStaff

      Reviewed March 21, 2026

      I reached out to Lear Capital to ask to be sent information about buying gold. Fortunately, my call was answered by Reid ** who explained all aspects of gold and silver purchasing in a way I could fully understand. He was very professional and personable. I explained my budget and he guided me through the process of which coins to buy and of what weight. I made a purchase based on his recommendations and received my items in a timely fashion and packaged very well. I would highly recommend Lear Capital to anyone wanting to buy precious metals. I was made extra comfortable by being told of the guaranteed buy back program.

      Thanks for your vote!
      Verified purchase
      Customer ServiceSales & MarketingStaff

      Reviewed March 20, 2026

      When it comes to investing in precious metals, there can be a risk of working with disreputable or disingenuous companies and representatives. I have heard many people who have been taken advantage of or given inaccurate information. I am here to share that my experience has been nothing but professional, appreciative, thankful, and grateful. I have invested with Lear Capital and worked with Calvin for more than 10 years! My mom, my spouse, and myself invested very wisely in precious metals a while back. To say that we have seen a return on our investment is an understatement! We are very happy with our investments and another vehicle to hedge against the tumultuous changes in our economy. It is very rare to say that a commodity company in precious metals would genuinely care about their clients. But, I can say that we have been given utmost respect and care.

      When I call, Calvin either immediately answers or calls back right away. With such big swings, especially recently, the ability to stay true and to take care of the investments of the Lear clients. We have been taken care of and Lear backs up their promise of fulfilling both the purchase and sale end of their transactions. We have been clients for more than 10 years and we will continue to be clients for the years and decades to come. Thank you to you all and I wish your company all the best as we continue to go through such major changes in our shifting economy. Wishing blessings to you and your families and every client that you continue to serve!

      Thanks for your vote!
      Verified purchase
      Customer ServiceStaff

      Reviewed Feb. 24, 2026

      I've been dealing with Ron ** at Lear Capital. I was skeptical at first about buying and owning precious metals. Why I even called was a mystery! I have always been inquisitive about everything so I wrangled poor Ron into explaining a few things to me. My questions were not coming from a totally ignorant person so poor Ron was starting to make sense. I can tell he's been in the business a long time. He was so knowledgeable and so easy to understand. When I wasn't understanding he made sure to clarify until I got it clearly. He was truly a very patient man as I kept interrupting him constantly. He never complained. He's a dynamo that Ron! Anyway my questions were answered and at 75 years old and a woman who has not given up on herself I'm a proud investor. You know what? I owe it all to Ron ** excellence in clearing all my skepticism in investing in precious metals.

      Thanks for your vote!
      Verified purchase
      Customer ServiceStaff

      Reviewed Feb. 14, 2026

      Working with James at Lear Capital has been an absolute pleasure. I heard about Lear Capital on a podcast (Fanfare with Barry **). I finally got the courage to call them as I am new to buying precious metals. James was extremely helpful to answer all of my questions. Whether you are ready to purchase precious metals or just have questions, I highly recommend giving Lear Capital a call. I have recommended Lear to friends and family, and they have been just as thrilled with Lear's customer service that I am.

      Thanks for your vote!
      Lear Capital
      Response from Lear Capital

      Chris, thank you for taking the time to share about your positive experience with us! We are glad that James was helpful, personable and knowledgeable in your investment process, and we appreciate your gracious recommendation. Thank you for choosing Lear Capital.

      Verified purchase
      StaffHonesty & Transparency

      Reviewed April 29, 2026

      My experience has always been pleasant! Mr. ** is such a lovely man. I can tell he loves what he does. He explained everything to me. I was so comfortable speaking with him. He's experienced. He's thorough. He's honest. He's helpful. He's kind. I appreciate his knowledge about silver and gold.

      Thanks for your vote!
      Verified purchase

      Reviewed April 28, 2026

      It is a very pleasant and delightful purchase with Joanne **. She has a lot of knowledge and I really appreciate working with her to make a purchase. She is great and I am out of time, have a Great Day!

      Thanks for your vote!
      Verified purchase
      Staff

      Reviewed April 22, 2026

      I was very satisfied with my representative who was patient with me as I am new to this line of business. He helped me understand the process of investing in this area. I look forward to the possibility of future investments with Lear Capital.

      Thanks for your vote!
      Lear Capital
      Response from Lear Capital

      Harry, thank you for the kind words about our team! We are glad that you received helpful information and satisfying assistance for your investment process, and we are grateful you took the time to share. Thank you for choosing Lear Capital.

      Verified purchase
      Customer ServicePunctuality & SpeedStaff

      Reviewed April 16, 2026

      We had a wonderful experience dealing with Derik **. He is very knowledgeable, professional, and was very patient with us. He's quick to return our calls, and even though our investment isn't huge, he made us feel like we mattered. We couldn't be happier with him handling our future!

      Thanks for your vote!
      Verified purchase
      Customer ServicePunctuality & SpeedStaff

      Reviewed April 10, 2026

      Dmitri ** was very prompt and helpful when I reached out to him today! My past experience with him was also great! He was very thorough, answered all questions, and followed up with each transaction that was performed. Highly recommend!

      Thanks for your vote!
      Loading more reviews...

      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