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Last Updated on: 23rd September 2024, 09:57 pm
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- Good
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Summit Precious Metals is a precious metals dealer that sell gold and silver bullion, numismatic, and proof coins. They also help their clients set up precious metals IRAs, and they offer a variety of bullion products that are eligible to be deposited into an IRA. Despite being a relatively new company (has only been in operation for 6 years), SPM has experienced significant growth and has established itself as one of the top precious metals dealers in Phoenix, AZ.
Pros:
- Family business based in Pheonix, Arizona
- Over $100 million in precious metals sales volume per year
- Transparent management team headed by James Clark
Cons:
- No Better Business Bureau accreditation or rating
- No IRA custodian or in-house partner
(Please note: Summit Precious Metal's webpage is currently inactive, and the business may be defunct. For more reviews, consider browsing our list of the top 10 gold IRA companies in America.)
Summit Precious Metals (SPM) (www.summitpreciousmetals.com) is a precious metals dealer that sell gold and silver bullion, numismatic, and proof coins. They also help their clients set up precious metals IRAs, and they offer a variety of bullion products that are eligible to be deposited into an IRA. Despite being a relatively new company (has only been in operation for 6 years), SPM has experienced significant growth and has established itself as one of the top precious metals dealers in Phoenix, AZ.
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About the Management
The company is managed by James Clark, an experience precious metals dealer and financial expert that founded the company in 2008 after leaving KPMG, where he worked in the audit and advisory department. James grew the company from a modest local storefront into a national dealer doing more than $100 million per year in precious metals transactions.
Summit Precious Metals Ratings and Complaints
The following are ratings and reviews for Summit Precious Metals from the internet's leading directories.
As you can see, the company doesn't have much of an online reputation or web presence to speak of, other than its non-accredited BBB profile and one positive review on Google+. Still, their website design, presentation, and products/services make SPM an ideal candidate for the final spot on this year's list.
Summit Precious Metals Prices and Products
Summit Precious Metals specializes in the sale of three types of precious metals – bullion coins (which are eligible to be deposited into an IRA), numismatic coins, and proof coins. However, they do not specify which IRA custodian they're partnered with, so there's no clear indicator of the annual cost of storing precious metals purchased from SPM in an IRA that is provided by their partnered custodian(s). Their site displays the live spot prices of gold and silver along the right side of each page.
Summit Precious Metals Contact Details
- Address: 20860 North Tatum Blvd, Suite 180, Phoenix, AZ 85050
- Phone: (480) 999-0936
- Email: info@summitpreciousmetals.com
- Website: www.summitpreciousmetals.com
Key Pages From Summit Precious Metals' Website
- Gold and Silver Products – An overview of the types of bullion offered by Summit Precious Metals Exchange.
- Precious Metals IRA – Discusses various aspects of investing in precious metals in an IRA.
- Company Overview – A detailed overview of the company's approach, ethics, and process.
Always Review the Competition Before You Buy
Purchasing precious metals for an IRA is a process that should be entered into carefully and strategically. There are plenty of reputable bullion dealers out there, but not all of them are honest and reliable, and many of them do not work directly with IRA custodians to provide low flat-rate fees for precious metals storage within an IRA. Using a bullion dealer that is partnered with a preferred IRA custodian will ensure that you're able to streamline the process of purchasing precious metals and depositing them directly into your IRA with less hassle and at minimal cost. Thus, it is imperative to consider the top Gold IRA companies before deciding which company to trust with what could become the most important portion of your retirement portfolio.
Contact Us if You Own or Represent Summit Precious Metals
If you're an owner, associate, or representative of Summit Precious Metals and you've noticed any information in this review that is incorrect, outdated, or misleading, please do contact us with your concerns. We aim to give our readers the most accurate and up-to-date reviews continually, and will therefore honor any revision or removal request that are in line with that goal.
- Phone : N/A
- URL :
- Global Rating
- Good
User Rating
- 0 No reviews yet!
Summit Precious Metals is a precious metals dealer that sell gold and silver bullion, numismatic, and proof coins. They also help their clients set up precious metals IRAs, and they offer a variety of bullion products that are eligible to be deposited into an IRA. Despite being a relatively new company (has only been in operation for 6 years), SPM has experienced significant growth and has established itself as one of the top precious metals dealers in Phoenix, AZ.
Gold: $2,637.54
Silver: $31.18
Platinum: $976.27
Palladium: $1,033.51
Bitcoin: $92,286.35
Ethereum: $3,115.97