Miles Franklin Precious Metals Review

Miles Franklin is an international dealer of precious metals such as Gold, which can serve as your retirement plan. They were founded in the year 1989 with the key objective of providing the customer with basic investment accounts such as an individual retirement account (IRA) where you can own some gold as a haven before your retirement.

Here in this Miles Franklin Precious metals review, I will be showing you some of the precious metals investment options that you can utilize to make the most of the Miles Franklin Precious metals in advance of your retirement.

So, without further ado, let us proceed - 

Our Rating categories: 

1. Product range and Services
2. Pricing
3. Customer care
4. Company reliability 
5. Customer reviews

Miles Franklin Precious Metals Review

Miles Franklin Precious Metals is a family-owned and operated bullion dealer founded in 1990. The company is based in Wayzata, Minnesota, and has been in the precious metals business for over 30 years. Miles Franklin is a member of the Professional Numismatists Guild and the Industry Council for Tangible Assets and has an A+ rating with the Better Business Bureau.

Miles Franklin offers a wide range of precious metal products including gold, silver, platinum, and palladium bullion coins and bars from government mints and private refiners. They also offer numismatic and collector coins, as well as a variety of other investment products such as gold and silver IRAs, certified coins, and rare coins.

One unique aspect of Miles Franklin is its commitment to educating its clients about precious metals and investing. The company offers free, informative articles and videos on its website and has a team of experts available to answer questions and offer advice. They also offer a variety of resources for those looking to learn more about the precious metals market and how to invest.

Miles Franklin has a reputation for excellent customer service and competitive pricing, and they are committed to providing their clients with a secure and easy way to invest in precious metals. Their focus on education and transparency has earned them a loyal customer base and a reputation as a trusted dealer in the precious metals industry.

Review Of Miles Franklin Precious Metals: Overall Rating: 3/5

Miles Franklin Precious Metals Review: Key Summary

The Bottom Line

Miles Franklin Precious metals gold IRA is one of the oldest metal brokers. They are one of the top brokers that you should make use of if you intend to make an investment in gold or diversify your portfolio.

Product Range and Services

Miles Franklin Precious Metals Gold IRA offers a wide range of Precious Metals for investment and some of the precious metals are - 

Gold, Silver, Platinum, Palladium products, and a lot of other precious metals. Their storage vault is located in one of the safest countries globally.

As we had stated earlier, one key quality of the Miles Franklin Precious Metals company is its ability to educate its customers as part of its services. They provide their customers with every information that they should know on how they make their Miles Franklin Precious Metals gold IRA investment. Forms of this information could come via blog posts, videos, and a lot of other forms.

Miles Franklin Precious Metals Gold IRA Services

The Miles Franklin Precious metals gold IRA services range from Gold IRA, Silver IRA, 401 (k) Rollover, Traditional and Roth Planning, SEP IRA Planning, Simple IRA planning, etc

However, apart from letting their customers make their retirement investments by buying precious metals such as gold and others, Miles Franklin also allows their customers to sell their precious metals to them. These precious metals range from pure gold to silver, to palladium, and a lot of other precious metals with their physical storage located in Salt Lake City New York.

They have several storage facilities spanning several places in the world, including Canada and the United States with offers of weekly specials

Pricing 

Miles Franklin Precious Metals Gold IRA is great value for money. They provide you with a pocket-friendly investment price and storage rates for gold. Their prices are quite lower than most of their rivals. Also, although they do have an official website, they do not let customers make their investment purchases online. Prices for these metals vary and are subject to change by the Miles Franklin metals gold company. 

Miles Franklin Precious Metals Gold IRA costs / fees

Miles Franklin Precious metals gold IRA prices are actively very low, at least lower than most of their rivals. 

The company recently sold an ounce of gold at $1,825.20, as compared to most of their rivals which sold it at $1,860 or even higher.

Their silver price is also at $21.38 per ounce, which is also quite a lower price as compared to their competitors. 

Minimum investment

The minimum investment amount for a Miles Franklin Precious metal for an IRA investment is $59.77 per gram of gold. However, the fee for the minimum investment is not fixed it varies and could also depend on the amount that you could pay for the storage.

Customer Care

Miles Franklin Precious Metals Gold IRA offers customized services and education to its customers. They have an official website where they post videos and on their blog, educating the customers about which Miles Franklin precious metals investors will be best for them. 

The company also has 24/7 customer support available for its investors. Miles Franklin also has a lot of means of communication that it makes available for its customers. Some of these means of communication are - email, phone numbers, social media, fax, and even on their official website.

Miles Franklin Precious Metals Gold IRA Educational Materials

Miles Franklin has a lot of educational materials which it makes available for its customers as a means of providing them with education. They publish educational blog content on their official website and also provide real-time precious metal podcasts, precious metal prices, and a lot of other information. 

Company Reliability 

The company Miles Franklin Precious Metals Gold IRA has been in business since the year 1990. Thereby, having more than 32+ years of experience in the precious metals investment industry. Miles Franklin precious metals gold IRA also offers two storage international programs. Both storage programs are internationally recognized and across several locations, increasing security. 

Miles Franklin Precious Metals Gold IRA - Company History And Background

Founded in the year 1980 and based in Wayzata, Minnesota. Miles Franklin was founded by David and Andrew Schectman, a family that decided to venture into the Precious metals investment industry. 

David Schectman, the founder of the Miles Franklin Precious metals investment company studied at the University of Minnesota. He worked as a broker in a precious metals company. However, in the year 2006, he made his son, Andrew Schectman, the president of the Miles Franklin company, although David still has a role of educating buyers and investors through the company's blog content and newsletters. 

Customer Reviews 

The company, Miles Franklin Precious metals is a top-rated company by clients. They have an average rating of 4.0 on Yelp, which means that it is above average. Miles Franklin also has a 3.7 rating on the popular rating website, Trustpilot, good BBB rating.

Although there are a few criticisms here and there about the company, these ratings show that the company has been able to ensure that its customers and clients are satisfied. 

Miles Franklin Precious Metals Gold IRA independent 3rd party customer reviews

Miles Franklin Precious metals gold IRA has a BBB accreditation and an A+ rating of ⅘. A CC rating on BCA, and a 4.7/5 rating on their Facebook handle.

However, despite this, the company still has some bad reviews as do most other companies, although its large amount of good reviews means that it is an incredible company.

Alternatives to Miles Franklin Precious Metals

>>CLICK HERE to read our list of the top gold investing companies.<<

Alternative “Augusta Precious Metals”

One of the alternatives of the Miles Franklin Precious metals for individuals who want to purchase precious metals is the Augusta Precious metals. Founded in the year 2012 and headquartered in the United States, Augusta Precious metals is one of the most renowned brokers of gold, silver, and other precious metals that you can invest in your Individual Retirement Account (IRA). 

They have an average rating of 4.97 rating on Better Business Bureau (BBB), an average of 5.0 rating on Trustlink, a 4.9 rating on Google My Business, an AAA rating on Business Consumer Alliance

It's important to note that investing in precious metals, including gold, comes with risks, and it's important to do your own research and consult with a financial advisor before making any investment decisions.

Alternative “Goldco

Goldco is a precious metals investment company that offers gold, silver, platinum, and palladium coins and bars for individual retirement accounts (IRAs) and personal investment portfolios.

Goldco is known for its expertise in helping clients diversify their portfolios with precious metals, particularly gold, as a hedge against inflation and economic uncertainty. They offer a range of gold coins and bars, including American Gold Eagles, Canadian Gold Maple Leafs, and South African Gold Krugerrands, as well as other precious metal products.

One of the unique features of Goldco is their "IRA buyback program," which allows clients to sell back their precious metals to the company at current market prices. This program gives investors peace of mind, knowing that they can easily liquidate their investments if needed.

Goldco is also known for its customer service, with a team of investment experts available to assist clients with their precious metal investments. They provide educational resources, including a free investment guide, to help clients make informed decisions.

How to invest in Miles Franklin Precious Metals

Having a Miles Franklin Precious metals gold IRA investment is a very simple process. You only need to visit the Miles Franklin Precious metals stores as the company does not allow for the sales of their metals online. 

Here are steps on how to invest in Miles Franklin Precious metals gold IRA - 

• Check out the official Franklin Precious metals gold IRA website.
• Check out their product section
• Select the metal that you wish to purchase 
• Contact the Miles Franklin Precious metals gold IRA agent to fully purchase the item

Do We Recommend Miles Franklin Precious Metals?

Although there is no perfect gold or precious metal broker, Miles Franklin is one of the best brokers for a gold IRA account. In case you are looking to diversify your gold investment portfolio, then Franklin Precious metals are the one that you should choose. As we had shown, they have over 30 years of experience in operating a metal investment company. 

Our Verdict : 3/5