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About Treasure Coast Bullion Group
Treasure Coast Bullion Group is a Florida-based gold IRA dealer selling precious metals for both IRAs and cash purchases. You can store your precious metal purchase in one of its depositories or have it shipped to your home. The company says it will provide customer support for your precious metals investment throughout each step of the buying process.
Pros & Cons
- Works with either beginner or seasoned investors
- Walks you through each step of the procurement process
- 24/7 account online access
- Limited information online
- No online ordering available
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 Treasure Coast Bullion Group?
Treasure Coast Bullion Group is a Florida-based gold IRA dealer that can help you set up a self-directed IRA and send IRS-approved precious metals to a secure depository. You can also purchase precious metals via cash transactions through the MetalsEdge Storage Account division of Treasure Coast Bullion Group.
The company offers educational information for investors, including consultations, newsletters, videos and e-books. Once your account is up and running, your account executive provides market updates for you, and you can access your account online 24/7.
How does Treasure Coast Bullion Group work?
Setting up a self-directed IRA with Treasure Coast Bullion Group lets you invest in gold, silver and other precious metals in a tax-advantaged way for retirement.
There are three steps to opening an IRA with Treasure Coast Bullion Group:
- Open an IRA: You can open an IRA by filling out a form online or calling customer service. If you qualify, Treasure Coast Bullion Group will walk you through each step of setting up your self-directed retirement account.
- Fund the account: Treasure Coast Bullion Group works with several types of accounts for funding. If you have an existing asset, such as mutual funds, certificates of deposit or other retirement accounts, you can roll over funds from those accounts into your new self-directed IRA with either a bank wire or physical check.
- Buy precious metals: You can select and purchase precious metals for your IRA once you review the options through Treasure Coast Bullion Group and decide what most closely matches your financial goals. The company sends your precious metals to a depository.
Once you select your precious metals for your gold IRA, the default storage location is primarily A-M Global in Las Vegas, Nevada, but customers can also choose from two other locations in Delaware or Texas.
Precious metals purchases
You can also purchase precious metals through the MetalsEdge division of Treasure Coast Bullion Group. Once you select your gold, silver, platinum or palladium options, you can choose home storage or a depository.
For MetalsEdge purchases, you can choose from a depository within one of the Brinks depository network, located either in New York or with A-M Global in Nevada. You can also ship the precious metals to your home.
Treasure Coast Bullion Group products
Treasure Coast Bullion Group offers the following precious metal products:
- Gold IRA: Treasure Coast Bullion Group offers gold, silver, platinum and palladium precious metals for its gold IRA.
- Cash transactions: You can also make cash purchases for gold, silver, platinum and palladium products through the MetalsEdge division.
Treasure Coast Bullion Group pricing
The cost of the actual gold and silver you can buy varies based on current gold and silver spot prices and market rates for premium coins.
Treasure Coast Bullion Group, like other gold IRA dealers, has various fees and minimums worth noting.
For a gold IRA, there’s typically a $50 establishment fee, $150 annual maintenance fee and transaction fees. There are annual storage fees as well, which vary depending on which depository you choose. The minimum amount for opening a gold IRA is $5,000.
For precious metals purchases through Metals Edge, there’s an annual storage fee of 1% for silver and 0.5% for gold, platinum and palladium. There’s also a $2,500 minimum opening purchase required.
Treasure Coast Bullion Group FAQ
Where does Treasure Coast Bullion Group store gold?
Treasure Coast Bullion Group does not specifically list the locations of the depositories on its website, but through a direct company communication, ConsumerAffairs learned there are four depository locations for gold IRA products: Delaware (two locations), Nevada and Texas. Precious metals purchases through MetalsEdge have the option of storage within Brinks Depositories located in either New York or Nevada, or home storage.
How much does it cost to open a gold IRA with Treasure Coast Bullion Group?
The minimum amount to open a gold IRA through Treasure Coast Bullion Group is $5,000.
Can I see my gold in person?
Yes, some of the depositories within the Treasure Coast Bullion Group depository network allow visits as long as you’ve made an appointment.
Where is Treasure Coast Bullion Group located?
Treasure Coast Bullion Group’s corporate headquarters are located in Jupiter, Florida.
Do we recommend Treasure Coast Bullion Group?
Treasure Coast Bullion Group may be a viable option if you’re interested in opening a gold IRA or making a gold or silver purchase, and it offers free resources to help you make sense of the entire purchasing process.
Keep in mind that the precious metals market is not as highly regulated compared to other industries. Florida is the only state requiring firms and all account executives to be licensed, bonded and insured with the Florida Department of Consumer Services; Treasure Coast Bullion Group is based in Florida.
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- We use intelligent software that helps us maintain the integrity of reviews.
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Treasure Coast Bullion Group Company Information
- Company Name:
- Treasure Coast Bullion Group
- Website:
- metalsedge.com