CMI Gold & Silver (www.cmi-gold-silver.com) was founded in 1973, and is based in Phoenix, Arizona. The company was one of the first precious metals dealers to champion gold ownership, once it became legal for Americans to own the yellow metal in 1974. CMI Gold & Silver also assisted customers in setting up Gold and Silver IRAs.
The company offers a good selection of the most popular IRA-eligible gold, silver, platinum, and palladium coins that will appeal to retirement savers. Additionally, it also offers a selection of gold and silver collectible coins.
CMIGS states that it “has as its mission the education of precious metals investors as to the benefits–and dangers–of the precious metals markets”. The company’s blog/articles section contains a myriad of reading material archived as far back as 2007, designed to inform customers about the many aspects of investing in precious metals. Moreover, CMIGS offers a free Buyer’s Guide that can be downloaded as a PDF.
CMIGS was established in 1973 by Bill Hayes, who likewise is the president of the company. Hayes graduated from the University of Colorado with a Finance degree. Thereafter, he worked on Wall Street as a stockbroker, eventually relocating to Denver, Colorado to continue his career in finance.
Custodial services at CMI Gold & Silver are provided by GoldStar Trust company.
For vault storage, CMIGS clients store their IRA-approved precious metals at the world-renowned Delaware Depository situated in Wilmington, Delaware. This facility offers the option of either segregated or non-segregated storage and is fully insured through Lloyd’s of London – one of the oldest insurance companies in the world.
The CMI Gold & Silver catalog offers a good selection of IRA-approved coins, and gold and silver bars in different sizes. Although, no platinum or palladium bars are available at this time. For gold, some of the choices include the American Gold Eagle and the Gold Canadian Maple Leaf. Silver products include the American Silver Eagle and the Canadian Silver Maple Leaf. Platinum coin options include the Canadian Platinum Maple Leaf and American Platinum Eagle. Lastly, the Canadian Palladium Maple Leaf coin is the available option for those interested.
View more CMI Gold & Silver products here.
|Company||CMI Gold & Silver|
|Scaled or Flat Fees?||Flat Fees|
|Partnered Storage Vault||Delaware Depository|
|Partnered Custodian||GoldStar Trust Company|
|Metals Available||Gold, silver, platinum, and palladium|
|Years in Business||48 years (1973)|
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It is essential to carefully consider the different precious metals companies available, prior to making any purchases as part of your IRA investment strategy. In addition to its overall reputation, be mindful of a company’s bullion prices, policies, practices, and most importantly, storage fees for precious metals.
Established in 1973, CMI Gold & Silver (CMIGS) is one of the oldest bullion dealers in the industry. It offers a variety of gold, silver, platinum, and palladium coins that are eligible to be held in a Precious Metals IRA. In addition, gold and silver bars are also available for purchase.
Phone: (855) 980-7523