Treasure Coast Bullion Group Reviews: Legit or Not? Find Out Here

7.6/10 (Expert Score)
Product is rated as #71 in category Dealers
7.6Expert Score
Treasure Coast Bullion Review

They are among the largest retailers of bullion products and have an impressive catalog.

Trust
7.5
Fees
8
Customer Service
7
Reputation
8
Pros
  • Large Product Selection
  • IRA Services
  • Experienced Team
Cons
  • Limited Online Presence

Treasure Coast Bullion Group: Unique Highlights Overview

Treasure Coast Bullion Group (TCBG) is a Florida-based precious metals dealer specializing in gold, silver, platinum, and palladium products. Here are some unique highlights that distinguish TCBG in the precious metals industry:

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Comprehensive Precious Metals Offerings

  • Diverse Product Range: TCBG provides a wide selection of precious metal products, including bullion bars, coins, and numismatics, catering to both investors and collectors.
  • Exclusive Products: They offer unique items such as exclusive stackable silver rounds and COMEX-approved bars, accommodating various investment strategies.

Precious Metals IRAs

  • Self-Directed IRAs: TCBG assists clients in setting up self-directed Individual Retirement Accounts (IRAs) that include IRS-approved precious metals, providing a tax-advantaged way to invest for retirement.
  • Educational Support: They offer resources and guidance throughout the process, ensuring clients are well-informed about the benefits and procedures of precious metals IRAs.

MetalsEdge Trading Account

  • Innovative Platform: The MetalsEdge Trading Account allows clients to purchase precious metals with benefits such as secure storage solutions, financing options, and access to market data, enhancing the investment experience. 

Secure Storage Solutions

  • Partnerships with Reputable Depositories: TCBG collaborates with established storage facilities, including A-Mark Precious Metals, ensuring clients’ investments are securely stored with insurance protection and regular audits. 

Commitment to Education and Market Insights

  • Ongoing Education: TCBG emphasizes educating clients on the technical and fundamental aspects of the precious metals market, providing insights into how current geopolitical and financial news impacts these markets.
  • Market Updates: Clients receive timely market updates and have access to resources such as newsletters, videos, and e-books to stay informed about market trends.

Exceptional Customer Service

  • Personalized Attention: TCBG is known for its exceptional customer service, providing clients with personalized attention and expert guidance throughout their investment journey. citeturn0search6
  • Positive Customer Reviews: Clients frequently commend the knowledgeable staff for their clear communication and support in helping them make well-informed decisions. citeturn0search6

Competitive Pricing

  • Market-Aligned Prices: TCBG is committed to providing competitive prices that reflect current market trends, ensuring clients receive fair pricing for their bullion and precious metal investments. citeturn0search6

These unique highlights underscore Treasure Coast Bullion Group’s dedication to providing comprehensive services, educational support, and secure investment options in the precious metals market.

Who are the People Behind Treasure Coast Bullion Group?

Treasure Coast Bullion Group (TCBG) is led by a team of experienced professionals dedicated to providing clients with personalized attention and expert guidance in the precious metals market. Key figures include:

David Love – President

  • Background: David Love serves as the President of TCBG and is also a Director of Metalsedge Group, Inc. His leadership has been instrumental in guiding the company’s operations and strategic direction. 

Ryan P. Derda – Senior Precious Metals Advisor

  • Background: Ryan joined TCBG in 2019, bringing a wealth of experience from his previous roles, including Co-Founder and Fund Manager of Nodemads, LLC, a Crypto Asset Hedge Fund, and Managing Partner at MoneyTree Financial, LLC. He is committed to assisting clients in transitioning from fiat currencies to sound money, including precious metals and crypto assets. 

Matt Kehoe – Leadership Team Member

  • Background: Matt Kehoe is recognized for his knowledgeable leadership within TCBG, contributing significantly to the company’s reputation in the precious metals market. 

Jim Purnell – Leadership Team Member

  • Background: Jim Purnell is noted as a key figure in TCBG’s leadership, playing a vital role in the company’s operations and client relations. 

Climmie Sanders – Leadership Team Member

  • Background: Climmie Sanders is part of TCBG’s leadership team, contributing to the company’s strategic initiatives and market presence. 

This leadership team combines extensive industry knowledge and a commitment to customer service, ensuring that clients receive informed guidance and support in their precious metals investments.

Does Treasure Coast Bullion Group Offer IRA Services?

Yes, Treasure Coast Bullion Group (TCBG) offers Precious Metals IRA services, enabling clients to diversify their retirement portfolios by incorporating physical precious metals. Here’s an overview of how their services work:

Understanding Precious Metals IRAs

  • Definition: A Precious Metals IRA is a self-directed Individual Retirement Account that allows investors to hold physical gold, silver, platinum, or palladium within their retirement accounts.
  • Benefits: Including precious metals can provide a hedge against inflation and economic uncertainties, offering diversification beyond traditional assets.

Setting Up a Precious Metals IRA with TCBG

  • Establish a Self-Directed IRA: TCBG assists clients in setting up a self-directed IRA that permits investments in physical precious metals.
  • Fund the Account: Clients can fund their new IRA through direct contributions, transfers, or rollovers from existing retirement accounts.
  • Select Precious Metals: Choose from a range of IRS-approved precious metal products, ensuring they meet the required purity standards.
  • Secure Storage: TCBG coordinates with secure depositories to store the physical metals, ensuring compliance with IRS regulations.

Eligible Precious Metals

  • Gold: Must be at least 99.5% pure.
  • Silver: Must be at least 99.9% pure.
  • Platinum and Palladium: Must be at least 99.95% pure.

Fees and Minimums

  • Account Setup Fee: Typically around $50.
  • Annual Maintenance Fee: Approximately $150.
  • Storage Fees: Vary depending on the depository and the type of metal; for example, annual storage fees may be 1% for silver and 0.5% for gold, platinum, and palladium.
  • Minimum Investment: The minimum amount to open a gold IRA with TCBG is $5,000.

Distribution Options

  • Physical Delivery: Upon reaching retirement age, clients can choose to take physical possession of their metals.
  • Cash Distribution: Alternatively, metals can be liquidated, and the proceeds distributed as cash.

Educational Support

TCBG provides resources and guidance throughout the process, ensuring clients are well-informed about the benefits and procedures of precious metals IRAs. 

What Products Can You Purchase at Treasure Coast Bullion Group?

Treasure Coast Bullion Group (TCBG) offers a diverse range of precious metal products tailored to meet the needs of both investors and collectors. Here’s an overview of the products you can purchase:

Gold Bullion

  • Coins: TCBG provides a variety of gold coins, including:
    • American Gold Eagle: Available in 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz denominations.
    • Canadian Gold Maple Leaf: Offered in multiple sizes, known for its purity and iconic maple leaf design.
    • British Gold Britannia: Recognized for its detailed artwork and high gold content.
    • Austrian Gold Philharmonic: Celebrated for its intricate design, available in various sizes.
    • South African Gold Krugerrand: One of the most widely held gold coins globally.
  • Bars: Gold bars in various weights, suitable for different investment levels.

Silver Bullion

  • Coins: TCBG offers silver coins such as:
    • American Silver Eagle: Contains one troy ounce of .999 fine silver.
    • Canadian Silver Maple Leaf: Known for its high purity and detailed design.
  • Bars: Silver bars in sizes ranging from 1 oz to 100 oz, catering to various investment strategies.

Platinum and Palladium Bullion

  • Coins and Bars: For investors seeking diversification, TCBG provides platinum and palladium products, including coins and bars of varying weights and purities.

Wealth Preservation Packages

  • Fractional Precious Metals: These packages include a collection of fractional gold and silver coins, designed to help secure purchasing power in times of economic uncertainty.
    • Silver Coins: Sold in full tubes, with options like 1/10 oz (50 coins per tube), 1/4 oz (30 coins per tube), 1/2 oz (20 coins per tube), and 1 oz (20 coins per tube).
    • Gold Coins: Available individually or in tubes, depending on the denomination.

Goldbacks

  • Physical Gold Currency: TCBG offers Goldbacks, which are physical gold notes designed for small transactions, combining artistry with intrinsic value.

Precious Metals IRAs

  • IRA-Eligible Products: TCBG assists clients in selecting IRS-approved precious metals for inclusion in self-directed Individual Retirement Accounts (IRAs), providing a tax-advantaged way to invest in physical metals.

Exclusive and Specialty Products

  • Stackable Silver Rounds: Unique silver rounds designed for easy stacking and storage.
  • COMEX-Approved Bars: Silver bars that meet the standards of the Commodity Exchange (COMEX), suitable for large-scale investments.

Purchasing Process

  • Consultation: TCBG offers personalized consultations to help clients choose products that align with their investment goals.
  • Secure Transactions: All purchases are conducted securely, with options for home delivery or storage in reputable depositories.
  • Educational Resources: Clients have access to a wealth of information, including market insights and investment guides, to make informed decisions.

Treasure Coast Bullion Group Fees and Pricing:

Treasure Coast Bullion Group (TCBG) offers a range of services for investors interested in precious metals, each with its own fee structure. Here’s a detailed overview:

Precious Metals IRAs

  • Account Setup Fee: Typically $50.
  • Annual Maintenance Fee: Approximately $150.
  • Storage Fees: Vary based on the depository and type of metal. For example, annual storage fees may be 1% for silver and 0.5% for gold, platinum, and palladium.
  • Minimum Investment: $5,000 to open a Precious Metals IRA.

MetalsEdge Storage Account

  • Transaction Confirmation: Purchases and associated fees are confirmed on a recorded compliance line, ensuring transparency.
  • Online Account Access: Clients can view transactions, monthly statements, and real-time prices through an online platform.
  • Storage Fees: Specific fees are not publicly listed; it’s advisable to contact TCBG directly for detailed information.

Purchasing Precious Metals

  • Pricing: The cost of gold, silver, platinum, and palladium products varies based on current market spot prices and premiums for specific coins or bars.
  • Premiums: These are additional costs over the spot price, reflecting factors like coin rarity, demand, and production costs.
  • Transaction Fees: Not explicitly detailed; clients should inquire directly for specifics.

Additional Considerations

  • Shipping Fees: May apply for physical delivery of metals; details should be confirmed with TCBG.
  • Price Transparency: Clients confirm purchases and prices on a recorded line, promoting clear communication.
  • Customer Feedback: Reviews highlight competitive premiums and transparency in pricing.

What Do Treasure Coast Bullion Group Reviews Say?

Treasure Coast Bullion Group (TCBG) has received varying ratings across multiple review platforms, reflecting a generally positive reputation with some areas for improvement. Here’s an overview:

Better Business Bureau (BBB)

  • Rating: A+
  • Customer Reviews: 4.79 out of 5 stars, based on 19 reviews.
  • Accreditation: TCBG became BBB accredited on November 26, 2024.
  • Complaints: Five complaints closed in the last three years.

These metrics indicate a strong commitment to resolving customer issues and maintaining high standards. 

Trustpilot

  • Rating: 4.8 out of 5 stars, based on 152 reviews.

This high rating reflects a strong level of customer satisfaction. 

Yelp

  • Rating: 3.5 out of 5 stars, based on 6 reviews.

This suggests a mix of positive and negative customer experiences. 

ConsumerAffairs

  • Rating: 4.5 out of 5 stars, based on 12 reviews.

75% of reviewers awarded 5 stars, indicating a generally positive reputation. 

Trustindex.io

  • Rating: 4.6 out of 5 stars, based on 88 reviews.

This rating reflects a high level of customer satisfaction. 

While TCBG generally holds favorable ratings across several platforms, indicating strong customer satisfaction, there are notable exceptions with lower ratings. Prospective clients should consider these mixed reviews and conduct thorough research, including consulting multiple sources and directly contacting TCBG, to make informed decisions.

Why aren’t There Many Treasure Coast Bullion Group Complaints?

There are several reasons why Treasure Coast Bullion Group (TCBG) has relatively few complaints compared to other precious metals dealers. Here’s an in-depth analysis:

Strong Customer Satisfaction & High Ratings

  • BBB Rating: A+ with a 4.79/5-star customer review average.
  • Trustpilot Rating: 4.8/5 stars based on 152 reviews.
  • ConsumerAffairs Rating: 4.5/5 stars.
  • These ratings indicate high customer satisfaction and few negative experiences that escalate into formal complaints.

Personalized Customer Service & Relationship Building

  • One-on-One Consultations: TCBG provides personalized investment advice, ensuring clients fully understand their purchases before committing.
  • Dedicated Account Managers: Each customer is assigned an account specialist who offers ongoing support.
  • Proactive Issue Resolution: Many issues are resolved before they turn into complaints, reducing negative online feedback.

Transparent Pricing & Recorded Transactions

  • Locked-in Pricing: Clients confirm purchases on a recorded compliance line, reducing disputes over pricing or hidden fees.
  • Clear Fee Structure: TCBG offers detailed explanations of all costs, preventing confusion over premiums, storage fees, and transaction charges.
  • Secure Transactions: Customers receive written confirmations of purchases, ensuring transparency.

Secure Storage & Investment Protections

  • MetalsEdge Storage Account: Offers insured, secure storage options, reducing risks of lost shipments or delivery issues.
  • Partnership with Reputable Depositories: Assets are stored in approved, audited vaults, ensuring full compliance with industry standards.

Compliance with Industry Regulations

  • BBB Accreditation: Since November 2024, maintaining an A+ rating by addressing customer concerns proactively.
  • FTC & IRS Compliance: TCBG follows strict financial regulations to ensure legal transactions and prevent fraudulent activities.

Limited Online Presence & Niche Market

  • Targeted Customer Base: TCBG primarily serves serious investors and high-net-worth individuals, who are less likely to file online complaints.
  • Fewer Online Transactions: Unlike large e-commerce bullion dealers, TCBG doesn’t heavily rely on online sales, leading to fewer customer disputes.

Efficient Internal Dispute Resolution

  • Priority on Customer Retention: TCBG resolves complaints internally before they escalate.
  • Customer Support Follow-Ups: Clients receive check-ins and status updates, reducing frustrations that lead to negative reviews.

No Major Lawsuits or Regulatory Issues

  • Many bullion dealers face legal challenges related to fraud, hidden fees, or IRS violations, but TCBG has no reported legal disputes.
  • A clean legal record reduces customer distrust and prevents reputation damage.

Are There Any Treasure Coast Bullion Group Lawsuits?

No.

We didn’t find any lawsuits involving TCBG.

Can You Trust Treasure Coast Bullion Group? Is Treasure Coast Bullion Group Legit?

Yes.

They are legit.

Whenever you’re curious about a gold dealer’s reliability, simply follow these tips:

Tip #1: Check Their Regulatory Compliance and Accreditation

Check for proper licensing and registration with relevant financial regulatory bodies such as the Securities and Exchange Commission (SEC) or Financial Industry Regulatory Authority (FINRA).

Verify the company’s accreditation with industry organizations like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC).

It will help you check how credible they are.

Tip #2: Look into The Company’s Background

  1. Research the company’s history, including years in business and any name changes.
  2. Examine the Better Business Bureau (BBB) rating and accreditation status.
  3. Review customer feedback on reputable third-party review sites like Trustpilot or Consumer Affairs.

Tip #3: Does the Company Offer Good Resources?

  1. Assess the clarity of information provided about fees, storage options, and buyback policies.
  2. Evaluate the quality and depth of educational resources offered to investors.
  3. Verify that the company provides clear information about IRS regulations regarding precious metals IRAs.

Tip #4: What are Their Product Offerings and Pricing?

  1. Ensure the company offers IRS-approved precious metals for IRA investments.
  2. Compare pricing with other reputable dealers to ensure competitiveness.
  3. Be wary of companies pushing numismatic or collectible coins over bullion for IRA investments.

Tip #5: Confirm the Storage and Custodian Partnerships

Verify that the company works with IRS-approved custodians and secure storage facilities. According to IRS’ regulations, you cannot store your gold IRA’s precious metals at your home.

You’ll need a certified third-party storage provider.

Check the company’s storage and custodian partner to ensure you’re working with a reliable firm. Moreover, ensure they offer segregated storage options for your precious metals.

Segregated storage means your owned precious metals products will be stored separately from other investors’ possessions. Similarly, non-segregated storage means your products will be stored along with others.

Keep in mind that storage providers charge extra for segregated storage.

Some popular custodians include Equity Trust and Goldstar Trust.

Red Flags to Watch For in Gold IRA Companies

  1. Promises of guaranteed returns or claims of “secret” investment strategies.
  2. Pressure to act immediately or make large investments without proper consideration.
  3. Lack of physical address or unclear company ownership structure.
  4. Unwillingness to provide detailed information about fees or policies in writing.

By thoroughly evaluating these aspects, investors can make an informed decision about the legitimacy and reliability of a gold IRA company. It’s crucial to conduct due diligence and, if necessary, consult with a financial advisor before making any investment decisions.

Treasure Coast Bullion Group Review Summary:

Overall, Treasure Coast Bullion stands out as a reasonable and reliable brand.

They have received plenty of positive reviews as well.

What are your thoughts on this company? We’d love to hear from you. 

Treasure Coast Bullion Group Reviews: Legit or Not? Find Out Here
Treasure Coast Bullion Group Reviews: Legit or Not? Find Out Here

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