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Questions? Call (626) 605-3152Colonial Metals Group: Good Gold IRA Company? (2025 Review)
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Last Updated on: 7th February 2025, 08:42 pm
- Phone : (888) 662-0869
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Colonial Metals Group is a good choice for anyone interested in precious metals and premium coins and bars. For Gold IRA investments, they partner with leading custodians like Equity Trust, Strata Trust, and Kingdom Trust, managing billions in assets nationwide. While annual fees range from $200 to $300, plus separate storage costs, these custodians offer secure, reliable services for your Gold and Silver IRAs, ensuring your investments are in trusted hands.
Pros:
- Their clientele spans thousands of investors across the United States
- Services include trustee, agent, co-trustee, custodian, and successor trustee for IRA clients
- They provide access to a wide range of IRS-approved precious metal investment options
Cons:
- Annual administration fees range from $200 to $300, which can be higher than some competitors
- Storage fees for precious metals are charged separately and not included in the administration costs
Founded in 2005, Colonial Metals Group (CMG) is headquartered in Miami, Florida. In fact, it's one of the rare gold companies located in Florida (Most of them being headquartered in California). Specializing in gold and silver bullion, Colonial Metals Group caters to a range of investors, from newcomers to experienced individuals looking for portfolio diversification and gold IRA investments. The company’s focus lies on delivering personalized service and high-quality products, making it a notable contender in the precious metals industry.
For Colonial Metals Group’s current pricing and promotions, request their free investment guide here.
Table of Contents
- Colonial Metals Group Reviews, Ratings, and Complaints
- Colonial Metals Group Minimum Investment
- Colonial Metals Group IRA Services
- Buyback Policy
- Why Consider Colonial Metals Group?
- Colonial Metals Group’s Management Team & Founders
- Colonial Metals Group Prices and Fees
- Final Thoughts – Do We Recommend Them?
- Colonial Metals Group's Prices & Fees
- Colonial Metals' Popular Products
- Should You Invest with Colonial Metals?
- Does Colonial Metals Group Have a Buyback Policy?
- See Issues With This Review? Contact us.
Colonial Metals Group Reviews, Ratings, and Complaints
With over 700 reviews spread across 5 trusted review platforms, Colonial Metals Group boasts an impressive track record. The vast majority of feedback praises their transparent pricing, knowledgeable staff, and exceptional customer service.
Notably, CMG has maintained an average review score of 97%—an outstanding achievement in a sector where customer trust is paramount.
Reviews
- Better Business Bureau: ⭐⭐⭐⭐⭐ (4.92 Stars based on 112 reviews)
- Trustpilot: ⭐⭐⭐⭐⭐ (4.8 Stars based on 289 reviews)
- Google My Business: ⭐⭐⭐⭐⭐ (4.9 Stars from 320 reviews)
- Consumer Affairs: ⭐⭐⭐⭐⭐ (4.7 Stars from 45 reviews)
- Yelp: ⭐⭐⭐⭐⭐ (5 Stars from 10 reviews)
Ratings
- Better Business Bureau: A+ (Accredited since 2010)
- Business Consumer Alliance: AAA
Complaints
- Better Business Bureau: 1 resolved complaint regarding delayed shipping during a high-demand period.
- Trustpilot: 1 isolated complaint about miscommunication, which CMG addressed promptly.
Our take: Complaints are few and far between, reflecting CMG’s dedication to customer satisfaction.
Colonial Metals Group Minimum Investment
Colonial Metals Group does not impose a rigid investment minimum, unlike some competitors. This flexibility makes them an excellent choice for first-time buyers as well as seasoned investors seeking larger purchases. However, to qualify for certain benefits, including free shipping and discounts, customers often need to meet thresholds such as a $10,000 minimum.
Colonial Metals Group IRA Services
CMG partners with reputable custodians, such as Equity Trust Company and Strata Trust Company, to facilitate self-directed Gold and Silver IRAs. They do not offer in-house custodianship but provide hands-on guidance to simplify the setup process.
Their IRA services include:
- Assistance with rollovers/transfers: Smooth, hassle-free transfers from existing IRAs or 401(k)s.
- IRS-compliant storage: Options include depositories in Delaware, Texas, and Nevada.
Buyback Policy
CMG offers a customer-friendly buyback policy, promising competitive rates for precious metals purchased through them. While the law prevents buyback guarantees, the company emphasizes its commitment to facilitating liquidations for its clients.
Why Consider Colonial Metals Group?
Colonial Metals Group appeals to a wide range of investors for several reasons:
- Transparent Pricing: No hidden fees or ambiguous markups.
- Expert Guidance: Dedicated advisors help demystify the buying process.
- Diverse Storage Options: Multiple IRS-approved vaults ensure security and compliance.
- Flexibility: Accommodates varying investment levels and preferences.
Colonial Metals Group’s Management Team & Founders
- Paul Stone – Chief Executive Officer: after serving in the Air Force, Paul Stone transitioned to the financial industry in the mid-1990s, beginning his career as a broker and financial planner—a role he had long envisioned for himself. Renowned for his exceptional work ethic and commitment to lifelong learning, Paul has consistently sought out both time-tested strategies and innovative ideas to better serve his clients. As his career evolved, Paul’s focus shifted toward helping individuals protect their hard-earned savings. Recognizing the risks of traditional markets, he became a staunch advocate for the stability and enduring value of precious metals like gold and silver. His mission: to empower people to preserve their wealth through smart, diversified investments. Since 2006, Paul has worked tirelessly to educate his clients on the role of precious metals in safeguarding their financial futures. His dedication stems from a deep belief that gold and silver can provide both peace of mind and a reliable hedge against economic uncertainty. Under his leadership, countless investors have successfully navigated market volatility while protecting what matters most—their financial security.. See this article from USA Today to learn more about him.
Colonial Metals Group Prices and Fees
Colonial Metals Group prides itself on offering competitive rates for both bullion and IRA services.
- One-time account setup fee: $75
- Annual storage fees: $100–$150 depending on the depository.
- Markups: Industry-standard; typically 5% on common bullion, much higher for premium items.
Final Thoughts – Do We Recommend Them?
Based on our review, Colonial Metals Group stands out as a reliable, customer-focused player in the precious metals sector. Whether you're exploring your first gold purchase or expanding a well-established portfolio, CMG offers the tools, expertise, and trustworthiness to make your investment journey smooth and secure.
Ready to diversify your portfolio? Download Colonial Metals Group’s free investment guide and take the first step toward financial peace of mind.
(See issues with this review? Contact us for updates or corrections.)
Colonial Metals Group's Prices & Fees
Colonial Metals Group offers a transparent fee structure for their Gold IRA services, aiming to provide competitive and straightforward pricing for investors. Here's a breakdown of their fees:
| Service | Fee |
|---|---|
| One-time IRA setup fee | $50 |
| Annual storage and maintenance fees | $225/year for commingled storage; $275/year for segregated storage |
These annual fees cover secure storage, insurance, quarterly statements, and 24/7 online account access. A significant advantage of this flat fee structure is that it remains constant regardless of your account balance, meaning as your Gold IRA account grows in value, your maintenance fees stay the same—a notable contrast to the variable fees often associated with traditional IRAs or 401(k) accounts.
Regarding product markups, Colonial Metals Group does not publicly disclose specific percentages. However, it's common in the industry for standard bullion products to have a markup around 5%, with premium or collectible items commanding higher premiums. It's advisable to consult directly with a Colonial Metals Group representative to obtain precise information on product pricing and any associated markups.
As of 2025, Colonial Metals Group is offering promotions to attract new clients and provide additional value to existing customers. Current promotions include up to $7,500 in free silver, free gold/silver IRA accounts, insured storage for over five years, and a free safe sent to your home.
For the most accurate and up-to-date information, it's recommended to contact Colonial Metals Group directly or visit their official website.
Colonial Metals' Popular Products
The website of Colonial Metals Group displays multiple coins and bars available, divided into five categories:
- Common gold bullion
- Common silver bullion
- Premium gold (beware of much higher fees on these ones!)
- Premium silver (beware of much higher fees on these ones!)
- IRA Eligible Coins
Prices are not listed online. This is usual for bullion vendors. Why? Because the price of gold and silver bullion changes every day, so pricing must be continually updated.
Should You Invest with Colonial Metals?
At Gold IRA Guide, we believe that investors and retirees looking to shield their portfolios from economic uncertainty, inflation, and potential devaluation of the US dollar often turn to precious metals like gold and silver. Physical precious metals provide excellent diversification and serve as a hedge against market volatility and inflation.
With a Colonial Metals Group Gold IRA, you gain two significant tax benefits:
- Tax-Free Growth: No taxes on profits when you sell your precious metals.
- Tax-Deferred Contributions: Money invested in your Gold IRA is not taxed until you make withdrawals.
We believe that Colonial Metals Group is a great choice for a broad range of investors because they do not impose a high minimum investment threshold, like many other companies we reviewed.
This makes them more accessible than some competitors, allowing both first-time and seasoned investors to get started at levels that suit their financial plans. However, the firm recommends a starting amount of at least $10,000 to fully benefit from their IRA and storage services.
IRS Contribution Rules: If you are under 50 years old, you can contribute up to $6,000 annually to your IRAs across all accounts ($7,000 if over 50). These limits are important to consider when planning your investment timeline for rolling over or funding a Gold IRA.
How Much Should You Invest in Gold? While gold can provide financial stability in uncertain times, it’s essential to maintain a diversified portfolio. Many financial advisors recommend allocating 5–20% of your total retirement savings to gold and other precious metals, depending on your risk tolerance and investment goals.
Is It Worth It? Judging by Colonial Metals Group’s excellent reviews and customer feedback, the process is smooth and transparent, making them a strong contender for gold IRAs. For those navigating periods of economic turbulence or inflation, their comprehensive service and expert guidance make them an attractive choice.
Before committing, consult with your financial advisor to determine how much of your retirement portfolio should be allocated to precious metals. If your existing IRA or 401(k) is underperforming due to inflation, Colonial Metals Group’s team can guide you through their IRA transfer and rollover process.
Pro Tip: Don’t forget to explore their current promotions, such as free silver for qualifying investments, which can help maximize your returns.
By choosing Colonial Metals Group, you’re not only diversifying your portfolio—you’re also making a proactive move to protect your financial future.
Does Colonial Metals Group Have a Buyback Policy?
Yes, Colonial Metals Group offers a Metals Buy Back Program for all precious metals items sold through the company. While they cannot legally guarantee a buyback, the company states that they have never refused a client's request in their history.
Additionally, Colonial Metals Group provides assistance with setting up self-directed Precious Metals IRAs. They guide clients through the process, including account establishment, fund transfers, and the selection of IRA-approved metals. The company emphasizes a straightforward and transparent approach, aiming to make the process simple and efficient for their clients.
These features highlight Colonial Metals Group's commitment to customer satisfaction and support, establishing them as a reputable firm in the precious metals industry.
See Issues With This Review? Contact us.
Here at the Gold IRA Guide, we want our reviews to be as accurate and up-to-date as possible. If you are a representative of Colonial Metals Group and would like to provide fresh information for our review, please contact us.
- Phone : (888) 662-0869
- URL :
- Global Rating
User Rating
- 0 No reviews yet!
Colonial Metals Group is a good choice for anyone interested in precious metals and premium coins and bars. For Gold IRA investments, they partner with leading custodians like Equity Trust, Strata Trust, and Kingdom Trust, managing billions in assets nationwide. While annual fees range from $200 to $300, plus separate storage costs, these custodians offer secure, reliable services for your Gold and Silver IRAs, ensuring your investments are in trusted hands.
Gold: $2,928.63
Silver: $32.85
Platinum: $986.14
Palladium: $990.03
Bitcoin: $96,885.61
Ethereum: $2,673.13