What exactly is Liberty Metals Group? Is it the ideal company for you, or should you continue your search? Please read our comprehensive review of Liberty Metals Group to learn everything you need to know about the company.
Attention: Liberty Metals Group has ceased operations. Please click here to learn about our alternative gold and silver IRA company.
What Is Liberty Metals Group?
Liberty Metals Group is a precious metals dealer based in Del Mar, California. The company was founded in 2010 with the goal of providing premium-quality precious metals through its physical store and online platform. Liberty Metals Group primarily purchases and distributes global bullion coins and bars. In addition, they guarantee to educate you exhaustively, whether you are a seasoned customer or placing your first order.
Liberty Metals Group Products
Liberty Metals Group maintains a vast stock of gold, silver, platinum, and palladium coins and bars. Some of their coins include gold and silver Canadian Maple Leafs, South African Krugerrands, gold and silver American Eagles, gold Australian Kangaroos, American Gold Buffalos, and platinum American Eagles. The company also sells bars of varying weights, including 1 oz platinum bars, 10 oz and 100 oz silver bars, Perth Mint bars, and many others. In addition, LMG offers self-directed precious metals IRAs.
Company Info
Location:
Del Mar, California
Address:
1125 Camino Del Mar Ste C, Del Mar, CA, 92014
Year Founded:
2010
Managers:
Mark Lonneker (founder)
Website:
www.libertymetals.com
Rating:
[usr 1]
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How It Works
Liberty Metals Group states that you can order their products via their website, by phone, or by visiting their Del Mar, Southern California storefront. In addition, you can add precious metals to your IRA via their Closed Loop IRA, which is extremely simple to set up and only requires completing a basic online form.
Pros of Liberty Metals Group
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No Minimum Purchase Amount
Liberty Metals Group believes that no order is too large or too small; therefore, unlike other precious metals dealers, they have no minimum purchase requirements. Liberty Metals Group has your back, whether you want to purchase 1 ounce or 5000 ounces of gold or silver.
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They Have a Buyback Policy
They have a buyback program that enables you to sell your bullion back to the company. Additionally, you can sell them your old jewelry. They guarantee to purchase your metals at a price far above the industry norm.
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Offers Customer Education
The company values consumer education, so its website contains a “resources” section where you can read free insightful articles. You will learn how to assay jewelry, purchase gold and silver, use their online ordering system, and much more. Alternatively, you may call their customer service department to receive answers to all of your inquiries.
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Wide Selection of Coins and Bars
Liberty Metals Group maintains an extensive inventory of foreign and domestic coins and bars. In addition, the majority of their bullion coins and bars are of high quality and IRA-eligible.
Cons of Liberty Metals Group
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Poor Customer Ratings and Reviews
The majority of Liberty Metals Group’s 21 reviews on Yelp are one-star ratings. The majority of consumers are dissatisfied with the company’s failure to deliver metals even after receiving payment. In addition, they disregard customer emails and phone calls, which has resulted in several clients filing lawsuits against the company.
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Does not accept Credit Cards
Liberty Metals Group is not forthcoming regarding their approved payment methods. In addition, we’ve established that they do not accept credit cards or Bitcoin, making it difficult for consumers who prefer to pay with credit cards or Bitcoin to place orders.
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No longer In Business
We’ve determined that Liberty Metals Group is no longer in operation, which is quite surprising. Therefore, if you wish to purchase bullion or establish a Gold IRA, we advise you to locate an alternative company. Goldco is our top recommendation for gold and silver IRAs.
Liberty Metals Group Reviews and Ratings
Liberty Metals Group lacks BBB accreditation. In addition, there are no ratings or reviews on Trustpilot, Trustlink, or Business Consumer Alliance.
Yelp is the only website with reviews and ratings for Liberty Metals Group; based on 21 user reviews, they are rated 2.5 out of 5 stars. As shown in the images below, the majority of the company’s Yelp reviews are negative and negatively rated.
Liberty Metals Group Alternatives
- Scottsdale Bullion and Coin
- Amergold
- Pacific Coin Exchange
- Nationwide Coin and Bullion Reserve
- The Happy Coin Reviews
Conclusion
Liberty Metals Group is a precious metals company based in Del Mar, California. The company maintains an extensive inventory of bullion coins and bars and operates both an online and a physical store. In addition, they promise to pay competitive prices for your metals.
Unfortunately, Liberty Metals Group only accepts payment via wire transfer or check, which is extremely inconvenient for those wishing to pay with Bitcoin or a credit card, for example. Moreover, the company has subpar ratings on online platforms.
