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Provident Metals Review

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Provident Metals (http://www.providentmetals.com/) is a bullion dealer that sells a full range of precious metals, including gold, silver, palladium, platinum, and copper. The company was founded in 2008 as a subsidiary of Provident Precious Metals, LLC, and is a member dealer of several major organizations, including the Industry Council for Tangible Assets (ICTA). Professional Coin Grading Service (PCGS), Numismatic Guaranty Corporation (NGC), Numismatic Conservation Service (NCS), and Certified Coin Exchange (CCE).

About the Management

Joseph P. Merrick is the Director and Manager of Provident Metals, as well as the registered agent. Mr. Merrick has interests in several other corporations, including Gemco Global Estate Merchandiser's Company, and Wylie Gold & Silver, LLC. His name has appeared in a number of press releases related to Provident Metals, including a story in the Wall Street Journal about the company's partnership with elemental. The Customer Service Manager is listed as Mr. Josh Portlock.

Ratings and Complaints

These are the main ratings and reviews we found for Provident Metals online:

  • BBB Rating: A+ (Details)
  • BBB Complaints: 27 in the past 3 years (Details)
  • BCA: Not Listed
  • BCA Complaints: Not Listed
  • CitySearch: Not Rated (Details)
  • Google+: 2 Stars (2 / 5) based on 1 review (Details)
  • RipOff Report: 4 Reports (Details)
  • SiteJabber: 3.5 Stars (3.5 / 5) based on 17 reviews (Details)
  • Trustlink: Not Rated (Details)
  • Yellow Pages: Not Listed
  • Yelp: 3.5 Stars (3.5 / 5) based on 5 reviews (Details)

 

Provident Metals Prices and Products

Provident Metals partners with three major IRA custodians: GoldStar Trust Company, The Entrust Group, and American Estate & Trust LLC – all of which have sliding scale fee structures (meaning the cost of storing your metals increases as more assets are added to the account). It should be noted that there are IRA custodians out there that charge a flat rate fee instead, which is why this company could not make it to the top 20 on our list of the top IRA companies.

Provident Metal's prices for some of the most popular gold coins allowed in an IRA (September 6th, 2014):

CoinPrice
2014 American Gold Eagle 1 oz$1,325.80
2014 American Gold Eagle ¼ oz$352.38
2014 American Gold Eagle 1/10 oz$143.49
Random Date American Gold Eagle 1 oz$1,317.80
Random Date American Gold Eagle ½ oz$685.72
Random Date American Gold Eagle ¼ oz$348.42
Random Date American Gold 1/10$140.32
2014 Canadian Maple Leaf 1/20 oz$85.71
2014 American Buffalo 1 oz$1,325.80
2014 Austrian Philharmonic$1,320.80

Provident Metals Contact Details

  • Address: 15850 Dallas Pkwy, Dallas, TX 75248-3308
  • Toll-Free US Phone: (800) 313-3315
  • Toll-Free Canada Phone: (877) 395-3107
  • Alternate Phone: (877) 429-8790
  • Fax: (469) 212-8977
  • Email: info@providentmetals.com
  • Website: http://www.providentmetals.com/

Key Pages From Provident Metals' Website

Here are some of the most important pages on ProvidentMetals.com:

  • Precious Metals IRA Explains the process of purchasing precious metals to be used in an IRA account. Also provides easy access to the types of bullion allowed in an IRA. Provident Metals partners with various IRA custodians to help its customers achieve their goals.
  • Gold BullionProvides access to the company's catalog of gold bullion bars and coins.
  • Silver BullionProvides access to the company's catalog of silver bullion bars and coins.

Always Review the Competition Before You Buy

It only takes reading a few company reviews to realize that there are a lot of complaints made against many precious metal dealers, and for good reason – people are protective over their investments, especially those that could shape their retirement. However, there are a few companies towards the top of our list that have nearly flawless track records, and some of them even charge flat rate annual storage fees for precious metals – an affordable pricing feature that only the best custodians offer. In fact, the two most important questions to ask when choosing a precious metals dealer or a custodian to store your precious metals, is whether the company has a positive reputation, and whether they charge a sliding scale fee or a flat rate fee.

Contact Us if You Own or Represent Provident Metals

If you're an owner or representative of Provident Metals and you'd like us to revise or remove some of the information on this page, feel free to contact us. We aim to maintain the utmost accuracy in all of our company reviews, so we would appreciate your input if any of the facts in this review are incorrect or outdated.

Provident Metals
  • Editor Rating

  • Rated 3 stars
  • Good
  • 0/5 Avg. User Rating

  • Rated 0 stars
  • 0 No reviews yet!

  • Provident Metals
  • Reviewed by:
  • Published on:
  • Last modified: October 31, 2016
  • Quality
    Editor: 80%
  • Customer Support
    Editor: 75%
  • Pricing & Fees
    Editor: 85%

Review Summary:

Provident Metals is a bullion dealer that sells a full range of precious metals, including gold, silver, palladium, platinum, and copper. The company was founded in 2008 as a subsidiary of Provident Precious Metals, LLC, and is a member dealer of several major organizations, including the Industry Council for Tangible Assets (ICTA). Professional Coin Grading Service (PCGS), Numismatic Guaranty Corporation (NGC), Numismatic Conservation Service (NCS), and Certified Coin Exchange (CCE).

Provident Metals is a bullion dealer that sells a full range of precious metals, including gold, silver, palladium, platinum, and copper. The company was founded in 2008 as a subsidiary of Provident Precious Metals, LLC, and is a member dealer of several major organizations, including the Industry Council for Tangible Assets (ICTA). Professional Coin Grading Service (PCGS), Numismatic Guaranty Corporation (NGC), Numismatic Conservation Service (NCS), and Certified Coin Exchange (CCE).

Editor rating
Rated 3 stars
User rating
Rated 0 stars
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