CMI Gold & Silver Reviews and Complaints 2024

Plan to purchase precious metals from CMI Gold & Silver? Before you do so, we advise you to read this review to learn everything you need to know about the company. Here, you will find information about their products, services, consumer complaints, and other pertinent details. At the conclusion of this article, you will be better equipped to make an informed 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. The mission of CMIGS is to guide and direct investors in purchasing metals that satisfy their investment needs at the lowest prices possible. CMI Gold & Silver is also involved in investor education to ensure that their clients are aware of the benefits and risks 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. Listed below are some 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?

The products of CMI Gold & Silver are viewable in their online catalog. However, you cannot place an order online because they lack an online ordering system. Therefore, all orders must be submitted via telephone.

CMI Gold & Silver Gold and Silver IRA

CMI Gold & Silver assists you in opening a gold or silver IRA with Goldstar Trust Company. Goldstar is a well-known IRA Custodian based in Canyon, Texas. The three stages involved in establishing a precious metals IRA with Goldstar Trust Company are straightforward.

  1. Submitting completed paperwork
  2. Account funding
  3. Directing CMIGS which precious metals to buy

Goldstar Trust partners with the Delaware Depository Corporation, an IRS-approved storage facility, for IRA metals storage.

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CMI Gold & Silver Pricing and Fees

CMI Gold & Silver Management

Since the company’s founding in 1973, Bill Haynes has held the position of president at CMIGS. Bill graduated from the University of Colorado with a bachelor’s degree in Finance. Bill currently co-manages the business alongside his son, Mike, and others. The complete list of the company’s current management is provided below.

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

Pros of CMI Gold & Silver

  • A 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 an online ordering system

CMI Gold & Silver Complaints & Ratings

The BBB has rated CMI Gold & Silver 4.56 out of 5 stars based on 9 customer reviews and 0 customer complaints. Yelp rated CMIGS five out of five stars based on three reviews, while BCA gave the company a dismal “B” rating based on zero reviews. Trustpilot and Trustlink contain no reviews or ratings for CMI Gold & Silver.

Is CMI Gold & Silver Legit?

Since 1973, CMI Gold & Silver has been in operation as a completely licensed precious metals company. Clearly, this company is legitimate and not a scam.

CMI Gold & Silver Alternatives


CMI Gold & Silver is a precious metals firm located in Phoenix, Arizona. Since its founding in 1973, the company has assisted clients in acquiring investment-grade palladium, gold, silver, and platinum coins and bars. In addition, they offer precious metals IRAs and comprehensive client education. CMI Gold & Silver lacks sufficient online reviews and ratings, as well as an e-commerce website.

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