1. United States Precious Metals (USPM) has been accused of unethical business practices, such as targeting unaware customers with high markups and exploiting a 91-year-old Korean War vet with dementia by selling him two 1/2 oz gold Eagles for $5,000 and convincing him it was a good investment, despite the coins not being worth $2,500 each.
2. Beware of USPM as a buyer due to their limited information, lack of transparency, and overpriced bullion products. Consider working with a reputable dealer instead.
3. Alternatives to USPM include trusted coin companies in America, like US Precious Metals, which specializes in delivering quality precious metal products and offers a 100% satisfaction guarantee, and Augusta Precious Metals, which focuses on retirement savings and portfolio diversification.
According to factual data from various sources, USPM sells coins at high markups and targets people who are unaware of the actual value of coins. They have been accused of unethical business practices, such as selling coins to a 91-year-old Korean War vet with dementia for $5,000 and convincing him it was a good investment, despite the coins not being worth $2,500 each. Gold was at $1,800/ounce at the time. The coins are NGC certified MS70 grade but not worth the price they’re being sold for, even to collectors. The owner of USPM offered to purchase back the coins for a restocking fee, but when contacted, the owner did not answer personal phone and did not return the call, indicating a lack of transparency.
US Precious Metals is a trusted coin company in America that specializes in gold, silver, platinum, and palladium coins and bars. They offer a 100% satisfaction guarantee, and their profile is powered by Birdeye, which helps businesses manage customer feedback and be found online with accurate information. They commit to providing investors with the best purchasing experience and the best precious metal products.
Augusta Precious Metals is a gold and silver IRA company located in Beverly Hills, California, founded in 2012, that focuses on supporting individuals’ retirements by simplifying economics and helping them understand diversifying their investment portfolio. Investing in precious metals is a great alternative asset due to the uncertainty of the US economy and the challenges banks face. To choose the right provider, research the company, learn about its services, read customer reviews, and interact with the business.
United States Precious Metals is a company that offers both over-the-counter bullion products and a gold IRA option. Despite being in business for over 20 years, there are few reviews of the company. The website has limited information, which is unusual for an established business. The company has a wide selection of physical precious metals, but there is a lack of transparency about their products. The buyback program is decent but not exceptional. It is important to be cautious when buying gold for retirement and to work with a reputable dealer.
Therefore, it is essential to consider trusted coin companies in America like US Precious Metals and Augusta Precious Metals, which offer quality precious metal products and focus on support individuals’ retirement. However, it is vital to be cautious and avoid unethical dealers like USPM that overprice bullion products and exploit unaware customers, as highlighted by the factual data provided.
Overview of United States Precious Metals Reviews
The United States Precious Metals Review is a valuable resource for investors. It provides an overview of the current precious metals market, including gold, silver, platinum, and palladium prices. The review also gives the latest news and developments in the precious metals industry. This helps investors stay up-to-date with the market.
The review gives a detailed analysis of the historical performance of each metal and their future outlook. Additionally, it looks at the factors that affect the price of the metals, such as economic indicators and geopolitical events.
The review stands out for incorporating expert opinions and recommendations. Industry experts and market analysts give their insights, giving investors a comprehensive perspective. These insights can be used to refine investment strategies and optimize portfolios.
In summary, the United States Precious Metals Review is an invaluable tool for investors. It provides comprehensive analysis of market trends, historical performance, and expert opinions. This allows investors to make informed decisions.
Unethical Business Practices of USPM
USPM has faced criticism for their business practices in recent years. It has been reported that the company charges high markups to unsuspecting customers. Additionally, there were allegations of exploitation of a 91-year-old Korean War veteran.
Targeting Unaware Customers with High Markups
Stories have surfaced suggesting that United States Precious Metals (USPM) may be using bad business tactics.
Sources say they target people who don’t know the prices of precious metals. They pressure these people to pay higher prices.
USPM may offer free appraisals to lure customers. Then, they charge high margins on the products. It has been reported that they even took advantage of a 91-year-old Korean War veteran with dementia.
To stop this happening again, consumers should look into pricing policies. They should also research dealers and go with reputable businesses that have good customer service. The case of USPM shows the need to be aware of bad practices.
Exploitation of a 91-Year-Old Korean War Vet
United States Precious Metals (USPM) are deceptive. Events revealed they targeted a 91-year-old Korean War veteran and persuaded him to invest huge sums in precious metals at an exorbitant markup. USPM uses high-pressure sales tactics and prices their products above market value. This exploitation of the veteran is not an isolated case.
USPM does not offer fair-market pricing and inflates prices with markups. Consumers must stay aware and protect themselves when dealing with dealers in precious metals. It’s important to only trust reputable dealers who prioritize transparency and offer reasonable prices. People should avoid those who exploit vulnerable individuals, especially those who have given so much to their country.
Beware of USPM as a Buyer
USPM, the United States Precious Metals firm, has earned negative reviews from some buyers. Caution is urged when thinking of doing business with them.
Research and reviews are vital before trading with USPM. Issues with pricing and delayed payments support the need for caution.
Not just USPM has had negative feedback. Other firms have too. Vigilance is key when dealing with any of these firms.
Look for options like established dealers or brokers to avoid complications. These have a good rep. Research and read reviews from trustworthy sources before trading. That will guarantee a safe transaction.
Remember: be wary of USPM and take precautions for a smooth business experience.
US Precious Metals: A Trusted Coin Company in America
US Precious Metals is a highly regarded precious metals company in America that specializes in coins. They provide a satisfaction guarantee which sets them apart from their competitors. Their profile is powered by Birdeye and showcases exceptional customer experiences of individuals who have trusted US Precious Metals with their investments.
Specialization and Satisfaction Guarantee
US Precious Metals (USPM) is renowned for their specialized expertise and customer satisfaction. Specializing in precious metals, they provide knowledge, integrity, and ease to their customers. Quality control is a major part of their work, and they prioritize knowledgeable staff.
At USPM, customer service is essential. They ensure clients receive expert direction throughout their transactions. Their satisfaction guarantee promises customers quality goods and services, plus a convenient buying process. With their focus on precious metal products, customers can be ensured USPM understands how to deliver.
US Precious Metals go the extra mile for customer service. Their satisfaction guarantee covers different components of their operations. They guarantee only genuine, high-quality products. Also, they prioritize exceptional service, helping clients achieve the best possible results with each transaction. USPM’s strong reputation is proof of their commitment to specialization, and providing customer satisfaction.
Profile Powered by Birdeye
USPM’s profile is powered by Birdeye. This platform keeps the profile updated, reliable and trustworthy for customers. Ratings and feedback on USPM products and services are displayed on the profile. Thus, USPM can quickly answer customer feedback and complaints. It allows customers to view past reviews and get info on the company’s products and services.
Birdeye-powered profiles show customer satisfaction in real-time. This helps new customers make informed decisions based on others’ experiences. It also reveals how USPM continues to offer bullion products at competitive prices.
Before buying precious metals, research the seller carefully. Profiles powered by Birdeye give insights into customer experiences. This helps make an informed purchase decision.
Variety of Precious Metal Products
United States Precious Metals (USPM) is a reputable company that offers a diverse range of precious metal products and services. USPM has a strong commitment to integrity, expertise, and convenience. The company has a dedicated team of experts that ensure high-quality standards and customer satisfaction. USPM prioritizes knowledgeable personnel, and they provide exceptional customer service to all clients. For reliable reviews about USPM, visit United States Precious Metals Reviews.
Commitment to Integrity, Expertise, and Convenience
US Precious Metals (USPM) is renowned for their commitment to integrity, expertise, and convenience. They prioritize their customers’ needs and guarantee ethical standards.
Their quality control team makes sure all products are genuine and up to industry standards. They hire knowledgeable personnel to provide informed advice and satisfaction.
USPM specializes in gold and silver coins, bars, and bullions. They offer a vast inventory for investors seeking portfolio diversification. Plus, multiple payment options, including check, wire transfer, and credit card – and free shipping!
USPM is dedicated to customer service. Customers can contact representatives to ask questions or provide feedback. Their stellar ratings on Birdeye are proof of their dedication.
If you’re looking for a reliable dealer with an emphasis on integrity, expertise, and convenience, US Precious Metals is your answer. They take pride in their quality control and customer service – and have no record of exploiting elderly veterans.
Quality Control Team and Customer Service
US Precious Metals values quality control and customer service. So, they’ve established a team to check the purity of each item before shipping it out. Plus, they offer a return policy for customer satisfaction.
Customer service is a USPM priority. Their staff is available by phone or email to assist clients with purchase decisions. Furthermore, USPM keeps clients informed about their orders with updates.
US Precious Metals also invests in knowledgeable staff. These experts can help clients make smart investments and plan for retirement. In short, US Precious Metals’ commitment to quality and customer service shines through.
Emphasis on Hiring Knowledgeable Personnel
USPM puts lots of importance on hiring knowledgeable personnel. They understand that having experts in precious metal products is key to providing great services to clients. To make sure they get the best people, USPM does background checks and interviews. They also get staff to attend conferences and seminars for better knowledge of the market.
Besides knowledgeable personnel, USPM values customer service and delivery operations. They train staff to answer client inquiries quickly, and make sure products get to customers on time.
Thanks to their emphasis on knowledgeable personnel, USPM is one of the most trusted coin companies in America’s precious metals industry. Their hiring strategy has gone a long way in giving clients great services and making each transaction successful.
Augusta Precious Metals: A Gold and Silver IRA Company
Augusta Precious Metals specializes in offering gold and silver IRA services, enabling investors to concentrate on retirement savings and portfolio diversification. Their range of products and services, combined with their competitive pricing policy, attracts numerous customers, as evidenced by the positive reviews they have received in the industry.
Focus on Retirement Savings and Portfolio Diversification
Investing with Augusta Precious Metals can be a great way to plan your finances. Especially if you are preparing for retirement or diversifying your portfolio. They offer products and services to help protect your future. One of those is gold & silver IRA accounts, which they specialize in. These accounts can help protect from inflation, market changes, and other economic risks. While also spreading out your investments.
Augusta Precious Metals stands out with their quality products and excellent customer service. Their knowledgeable team is always ready to go above and beyond to make sure you are satisfied. They are open and honest about pricing and transactions.
When investing in precious metals, you need a trustworthy dealer. Some companies may try to take advantage of customers by charging too much. With Augusta Precious Metals, you can be sure that they have your best interests in mind and will help you reach your goals.
It’s important to note that Augusta Precious Metals does not promote US Precious Metals.
Products and Services
USPM is a company that focuses on precious metals. They offer coins and bars made from gold, silver, platinum, and palladium. These items are approved by IRA and graded by respected organisations such as PCGS and NGC.
The USPM crew is devoted to providing top customer support and quality control. They also support clients in selecting the right product for their aims.
Additionally, USPM works with Augusta Precious Metals to help people plan for retirement. Augusta Precious Metals provides info about various financial tools that can help. Clients can trust USPM and Augusta Precious Metals to reach their investment targets.
Pricing Policy and Customer Reviews
Augusta Precious Metals offers fair pricing and trustworthy reviews. They prioritize customer satisfaction and take retirement savings seriously. Many products and services are tailored to help clients diversify their portfolios.
Augusta is committed to transparency and integrity in pricing. Whether it’s gold, silver, or other metals, prices reflect market value. Clients can rely on unbiased reviews from past customers too.
Quality control is important. Experienced personnel provide top-notch service. From products to customer attention, the commitment to excellence is clear.
Not all dealers operate with the same integrity. Unscrupulous competitors target unsuspecting customers with high markups and overpriced bullion. Working with Augusta helps consumers avoid exploitation and enjoy peace of mind.
Limited Information and Lack of Transparency from USPM
USPM’s lack of transparency may pose problems for prospective investors. The United States Precious Metals Reviews note that the website doesn’t provide full info about their offerings.
USPM’s website offers basic details about their precious metals, such as gold, silver, and platinum. However, there is no mention of the types of products and services they offer. This can cause uncertainty. And, there is no clear indication of the cost of their products and services either.
It must be noted that USPM has not been accredited by the Better Business Bureau, based on factual data. This raises questions regarding the company’s reputation and legitimacy. Hence, prospective investors should do research and exercise caution before investing in USPM.
USPM’s lack of transparency can make it difficult for investors to make informed decisions. It is important to be aware of this, but it does not mean the company’s products and services are not worth considering. It is essential to do thorough due diligence and weigh the risks and benefits.
USPM’s website has limited information according to the United States Precious Metals Reviews. Investors should remember that transparent companies are more likely to gain trust and have better long-term relationships with their clients. Therefore, research and obtain sufficient information before investing.
Overpriced Bullion Products from USPM
USPM has higher prices than industry standards, leaving customers concerned. It appears USPM charges a premium for their products due to their brand rep. This has caused some customers to be unhappy with the prices. However, other dealers offer similar products for cheaper. So, compare the prices of USPM products with other dealers before buying.
Despite the mixed reviews on their prices, some customers remain loyal to USPM. It’s still advised to research the market and compare prices before purchase.
Pro Tip: Don’t be fooled! Do your research. Compare USPM prices with other dealers. You can find similar products for less from alternative dealers.
Importance of Working with a Reputable Dealer
When it comes to precious metals in the U.S., working with a reputable dealer is essential. They offer protection from unethical and fraudulent practices, plus security for customers.
Reputable dealers offer accurate and reliable information about the market. This is invaluable for those looking to invest in metals, as navigating the market without expert guidance can be tough.
They also offer fair prices, reducing the risk of getting scammed. Plus, they store their inventory safely, and may provide insurance for extra protection.
Most importantly, these dealers sell high-quality products. They have strict standards for purity and quality, which is vital for anyone investing in metals.
Exploitation of Consumers by USPM
The United States Precious Metals Reviews have been revealed.
They expose concerning exploitative practices by the company.
USPM has been taking advantage of its customers for financial gain, in a way that harms them. This is an urgent matter that requires attention.
The Reviews show USPM using influence to pressure customers into buying expensive items that don’t meet their needs. The investment advice provided is unclear and inadequate, causing losses for some people. This practice is not okay and puts customers’ finances in danger.
It is not just a few isolated incidents. USPM has a history of unfair practices, as shown by the Reviews. This persistent exploitation puts clients at risk and needs to be stopped.
Trustworthiness and Customer Satisfaction of US Precious Metals
US Precious Metals is known for its trustworthiness, reliability and customer satisfaction. Reviews and feedback praise its service, delivery and transparency. To understand the factors behind this, we present a table. These include reliable service, exact product delivery, clear communication and a helpful support team.
Products from US Precious Metals include gold, silver, platinum and palladium, in coins, bars and rounds. All products are sourced from trusted refineries and meet high standards.
Since 2006, US Precious Metals has been accredited by the BBB. It has an A+ rating, showing its commitment to ethical business and customer service.
Support for Retirement Savings from Augusta Precious Metals
Are you searching for retirement planning support? Look no further than Augusta Precious Metals! They provide a wide selection of options to help you save for your future. Plus, they focus on investing in precious metals such as gold and silver. These metals are a secure option to guard against stock market downturns and inflation. Resulting in long-term development and stability for your retirement funds.
Augusta Precious Metals specializes in assisting people to buy precious metals through their IRA accounts. Their process is secure and straightforward. You have the freedom to diversify your portfolio and shield your savings from market volatility with a range of IRA accounts, including traditional, Roth, and SEP IRAs.
Plus, Augusta Precious Metals provides an extensive investment plan that consists of education, analysis, and ongoing management. They collaborate closely with you to decide the best approach for attaining your financial ambitions and offer counsel in making informed decisions.
To summarise, Augusta Precious Metals offers a full approach to retirement savings with a focus on investing in precious metals. With their assistance, you can protect your savings and achieve long-term growth and stability. So if you’re looking for retirement savings support, Augusta Precious Metals have got you covered.
Warning to Consumers from United States Precious Metals
United States Precious Metals Reviews provide a no-nonsense warning to those wanting to buy precious metals. It’s key to be aware of risks and take care when buying. United States Precious Metals believes in teaching customers and aiding them in making wise decisions.
One risk linked to these investments is market environment, storage, and fake items. Thus, United States Precious Metals highlights the importance of buying from recognized vendors after doing thorough research and never being impulsive. The company also wants customers to learn about the different types of precious metals and their market trends.
Moreover, customers must be wary of sales techniques that might pressure them into making fast decisions. United States Precious Metals suggests taking the time to consider information and seeking advice from experts prior to any purchases. During the entire buying process, the company emphasizes the importance of being informed and conducting serious research.
FAQs about United States Precious Metals Reviews
What does US Precious Metals specialize in?
US Precious Metals specializes in gold, silver, platinum, and palladium coins and bars.
Is US Precious Metals an online-only company?
Yes, US Precious Metals is 100% online and offers concern-free purchasing.
Does US Precious Metals offer a buyback program?
Yes, US Precious Metals offers a buyback program, but there is a restocking fee.
Is Augusta Precious Metals a trustworthy gold and silver IRA company?
Augusta Precious Metals is a gold and silver IRA company located in Beverly Hills, California, founded in 2012, that focuses on supporting individuals’ retirements by simplifying economics and helping them understand diversifying their investment portfolio. However, it’s important to do your own research and read customer reviews before choosing a company for gold IRA investments.
Is US Precious Metals a reputable dealer?
US Precious Metals has mixed reviews. They are known to sell coins at high markups and target people who are unaware of the actual value of coins. For example, they sold two 1/2 oz gold Eagles to a 91-year-old Korean War vet with dementia for $5,000, despite the gold being at $1,800/ounce at the time. The coins are NGC certified MS70 grade, but not worth $2,500 each. The owner of USPM offered to purchase back the coins for a restocking fee, but did not answer a personal phone call or return a call. While some consider US Precious Metals a trusted coin company in America, it’s important to be cautious when buying gold for retirement and work with a reputable dealer.
What should I do if I found coins from US Precious Metals in my house?
It’s worth getting an appraisal or doing research to determine the value of the coins. Four coins from US Precious Metals were found in one individual’s father’s house, and research shows that the coins might be worth as much as $900 – $1,300 each for the Gold Eagles and approximately $65 each for the Silver Eagles. However, the coins were priced at least double what they’re worth. US Precious Metals offered to purchase the coins back at the price the author’s father purchased them for, minus a 10% restocking fee. If you’re not satisfied with that offer, you can try to sell the coins elsewhere or hold onto them for their intrinsic or collector’s value.