When you are an investor in precious metals, you have a few options. These include buying physical precious metals, buying shares, and even trading in the commodities market. As a new investor, you may be overwhelmed by the choices you have, including the choice of your precious metals dealer.
With so many choices out there, how do you know what dealer to pick?
This is why we review the players in the precious metals game and today we’re going to look at Dallas Gold and Silver Exchange. Before you invest with Dallas Gold and Silver Exchange, consider this review.
Who is Dallas Gold and Silver Exchange?
Dallas Gold and Silver Exchange is based in Dallas, Texas, and is a wholesale and retail dealer of precious metals, including gold, silver, platinum, and palladium in the forms of bullion coins and bars, as well as fine jewelry, including diamonds, wedding jewelry, and watches.
This dealer has been Better Business Accredited (BBB) since 1990, but they’ve been in business since the mid-1960s, so they are not a new company to the precious metals market. After a few different CEO changes, as of 2016, their CEO is John Loftus.
If you’re in the local area, Dallas Gold and Silver Exchange has nine physical stores, but of course, you can review their catalog online as well.
Products and Services DGSE Offers
You can find most of what you’re looking for in the world of precious metals with Dallas Gold and Silver Exchange, however, you should know that they do specialize in gold products. Most of these gold products are IRA-eligible, thus allowing you to deposit them into your IRA.
The IRA-eligible items they carry include:
- Australian Gold Kangaroos
- South African Gold Krugerrands
- American Gold Buffaloes
- American Gold Eagles
- Canadian Gold Maple Leafs
One thing you should know is that Dallas Gold and Silver Exchange does not offer investors any storage solutions. They do collaborate with some storage providers and their website provides links to these companies that they partner with where you can then set up your IRA portfolio.
Whether you use one of their partners, or you choose one of your own, keep these thoughts in mind:
- Reputation – A good IRA custodian will have online reviews from their past customers.
- Pricing – Look for flat-rate fees, which will cost you less in the long run than sliding scales.
Dallas Gold and Silver Exchange vs. Other Competitors
Truthfully, there is no perfect precious metals dealer out there and you need to consider the pros and cons of any company you are choosing to spend your hard-earned money with.
Dallas Gold and Silver Exchange provides high-quality products, is BBB-accredited, and has decades of experience in the precious metals game.
While you can find some good reviews online, they don’t have as many reviews as other companies. Also, with the inability to order online and no direct IRA services, this may be a turn-off for investors looking for a full-service precious metals dealer.
This does not make Dallas Gold and Silver Exchange a bad option. Not by a long shot! It may just not be right for investors who are starting out or those looking for a full-service provider.
Contact Information
If you’re interested in Dallas Gold and Silver Exchange, you can contact them in one of a few ways, which include:
- Email: [email protected]
- Website: https://www.dgse.com
- Phone: (972) 484-3662, (817) 283-4460, (817) 505-1005, (817) 722-0075
- Address: 13022 Preston Rd, Dallas, TX 75240; 1201 W. Airport Fwy., Ste. 190, Euless, TX 76040; 2620 W I-20, #103, Grand Prairie, TX 75052; 200 N Kimball Ave, #205, Southlake, TX 76092
- Fax: (972) 674-2596
Final Thoughts on Dallas Gold and Silver Exchange
Dallas Gold and Silver Exchange has been providing precious metals to the general public since 1965. They are an extremely reliable company that provides a vast catalog of high-quality products, including gold, silver, platinum, palladium, collectibles, and fine jewelry.
The only downside of Dallas Gold and Silver Exchange is that they lack reviews online from customers, which limits the information on how they’ve treated their customers. They are a completely legitimate company, however, and you shouldn’t be dissuaded from considering them when you want to add to and diversify your IRA portfolio.
Looking for my favorite gold IRA company? Check out my official Goldco review here.