CMI Gold & Silver Reviews and Complaints

Are you planning to buy precious metals from CMI Gold & Silver? Before you do, we recommend you read this review to get all the facts about the company. Here, you’ll learn about their products, services, customer complaints and other crucial details about them. By the end of this review, you will be better placed to make a rational investment decision.

What Is CMI Gold & Silver?

CMI Gold & Silver Reviews

CMI Gold & Silver is a precious metals dealer based in phoenix, Arizona. Founded in 1973, the firm is one of the oldest precious metals dealers in the industry. CMIGS’ mission is to guide and direct investors into purchasing metals that meet their investment needs, whilst offering the lowest prices available. CMI Gold & Silver is also actively involved in investor education to ensure that their clients are well informed about the benefits and the dangers of investing in precious metals.

CMI Gold & Silver Review Summary


Phoenix, Arizona


3800 N Central Ave Fl 11

Phoenix, AZ 85012-1992

Year Founded:



Mike Haynes (CEO)



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CMI Gold & Silver Products

CMI Gold & Silver products and services

CMI Gold & Silver offers IRA-eligible bullion and rare coins. Available products include gold, silver, platinum and palladium coins and bars. Below, we’ve listed a few examples of CMIGS products.

Gold Products

  • American Gold Eagle
  • South African Krugerrand
  • Canadian Gold Maple Leaf
  • Perth Mint Kangaroo
  • Gold Buffalo Coins
  • Mexican 50 Pesos Gold Coins
  • Austrian Philharmonic Gold Coins
  • $20 Saint Gaudens
  • 1-OZ Gold Bars
  • 10-OZ Gold Bars
  • 100-Gram Gold Bars
  • 1 Kilo Gold Bars

Silver Products

  • American Silver Eagle
  • Silver Kangaroos
  • Silver Maple Leaf
  • Mercury Dimes
  • Franklin Half Dollars
  • 40% Clad Half-Dollars
  • 10-OZ Silver Bars
  • 100-OZ Silver Bars

Platinum Products

  • American Platinum Eagle
  • Australian Platinum Koalas
  • Canadian Platinum Maple Leaf
  • 1-OZ Platinum Platypus

Palladium Products

  • Canadian Palladium Maple Leaf
  • 1-OZ Palladium Bars

How Does It Work?

CMI Gold & Silver’s products are available for viewing on their online catalog. But you can’t place an order online as they have no online ordering platform. Thus, all orders must be placed through phone call.

CMI Gold & Silver Gold and Silver IRA

CMI Gold & Silver helps you to open a gold or silver IRA in partnership with Goldstar Trust Company. Goldstar is a well-known IRA Custodian based in Canyon, Texas. Establishing a precious metals IRA with Goldstar Trust Company is simple and involves the following 3 steps.

  1. Submitting completed paper work
  2. Funding the account
  3. Directing CMIGS which precious metals to buy

Regarding your IRA metals storage, Goldstar Trust works with the Delaware Depository Corporation, which is an IRS-approved storage facility.

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CMI Gold & Silver Pricing and Fees

For more information about CMI Gold & Silver fees, click here.

CMI Gold & Silver Management

CMIGS’ president is Bill Haynes who’s been in top leadership at the company since its establishment in 1973. Bill holds a bachelor’s degree in Finance from the University of Colorado. Currently, Bill co-manages the company with his son, Mike and others. Below is the full list of the firm’s current management team.

  • President: Bill Haynes
  • CEO: Mike Haynes
  • Vice President Operations: Johnny Estes
  • Vice President Marketing: Shannon Estes
  • Controller: Jillian Kavanagh
  • Brokers: Dean Greer, Aaron Green, Arol Fitzpatrick and Daniel Carbonneau

Pros of CMI Gold & Silver

  • Wide array of gold, silver, palladium and platinum products and services
  • Offers gold and silver IRAs for those wishing to diversify their investments
  • They have been in business since 1973, therefore are trustable
  • Provides customer education on their blog

Cons of CMI Gold & Silver

  • Limited reviews and ratings
  • Lacks online ordering system

CMI Gold & Silver Complaints & Ratings

CMI Gold & Silver is rated 4.7 out of 5 stars on the BBB based on 14 customer reviews and 0 customer complaints. Yelp rated CMIGS 5/5 based on 3 reviews while BCA gives the company a dismal “B” rating based on 0 reviews. CMI Gold & Silver has no reviews or ratings on Trustpilot and Trustlink.

Is CMI Gold & Silver Legit?

CMI Gold & Silver is a fully licensed precious metals company which has been operating since 1973. It’s definitely a legit firm and not a scam.

CMI Gold & Silver Alternatives

CMI Gold & Silver Contact Details

  • Phone: 973.1392
  • Address: 3800 N Central Ave Fl 11 Phoenix, AZ 85012-1992

CMI Gold & Silver Reviews- Summary

CMI Gold & Silver is a precious metals firm located in Phoenix, Arizona. Founded in 1973, the company has been helping clients acquire investment-grade palladium, gold, silver and platinum coins and bars. They also offer precious metals IRAs and thorough client education. However, CMI Gold & Silver lacks sufficient reviews and ratings online, and have no ecommerce website.

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