Is Miles Franklin Precious Metals Legit?

Miles Franklin Precious Metals is a well-established and reputable company that specializes in the buying and selling of precious metals. Founded in 1990, the company has grown to become one of the largest and most trusted precious metals dealers in the United States. With a range of products and services to offer, Miles Franklin is a popular choice for investors looking to add precious metals to their portfolio.

The company offers a variety of products and services to cater to the needs of their clients. These include:

  1. Gold and silver bullion in various forms, such as bars and coins.
  2. Numismatic coins, which are rare and collectible coins that hold historical or aesthetic value.
  3. Precious metals IRA services, allowing clients to invest in precious metals for their retirement.
  4. Storage and delivery options for the purchased precious metals.

But is Miles Franklin Precious Metals a legitimate company? Let’s take a closer look at their history, reputation, and other factors to determine its legitimacy.

  1. History and Reputation: With over 30 years in the industry, Miles Franklin has established a strong reputation for their expertise and customer service.
  2. Customer Reviews and Ratings: The company has a high rating on various review websites and has many positive customer reviews.
  3. Accreditations and Memberships: Miles Franklin is a member of reputable organizations such as the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC), which further adds to their credibility.

In order to purchase from Miles Franklin, there are several options available. These include online purchases, phone orders, or in-person at their office.

The company also offers shipping and storage options for their clients’ convenience. These include domestic and international shipping as well as storage in their own vault or with a third-party vault.

In conclusion, based on their history, reputation, and services offered, Miles Franklin Precious Metals is a legitimate company for buying and selling precious metals. Investors looking for a trustworthy option to diversify their portfolio with precious metals can consider Miles Franklin as a reliable and reputable option.

What Products and Services Does Miles Franklin Offer?

As a leading precious metals retailer and storage provider, Miles Franklin offers a variety of products and services to cater to the diverse needs of investors. In this section, we will take a closer look at the different offerings of Miles Franklin, including gold and silver bullion, numismatic coins, precious metals IRA, and storage and delivery options. By understanding the company’s range of products and services, investors can make informed decisions about their precious metals investments.

1. Gold and Silver Bullion

Gold and silver bullion have been highly prized for centuries for their rarity and lasting value, making them a desirable choice for investments.

  • Research different types and sizes of bullion to align with investment goals.
  • Verify the purity and authenticity of both gold and silver bullion.
  • Choose a trustworthy dealer with transparent pricing and a buyback policy.
  • Ensure secure storage or consider options for storing at home.

2. Numismatic Coins

Numismatic coins, available through Miles Franklin, consist of rare and collectible coins that hold historical or cultural significance. These coins possess value beyond their metal content, making them attractive to both collectors and investors.

The company offers a wide variety of numismatic coins, including:

  • limited edition releases
  • coins featuring unique designs
  • coins with historical importance

3. Precious Metals IRA

A Precious Metals IRA, also referred to as a self-directed IRA, enables individuals to include physical precious metals like gold, silver, platinum, and palladium in their retirement portfolio.

4. Storage and Delivery Options

  • Storage: Miles Franklin offers secure storage in their vault for precious metals purchased through them.
  • Delivery: They provide domestic and international shipping options for convenience.
  • Third-Party Vault: Customers also have the option to store their precious metals in a third-party vault for added flexibility.

Pro-tip: When choosing storage, it is important to consider the accessibility and security of the facilities to ensure the safety of your precious metals.

Is Miles Franklin Precious Metals a Legitimate Company?

In today’s world, where scams and frauds are rampant, it is important to do your due diligence before trusting a company. This is especially true when it comes to investing in precious metals. One company that has been gaining attention in the precious metals market is Miles Franklin Precious Metals. But the question remains, is Miles Franklin Precious Metals a legitimate company? In this section, we will examine the company’s history and reputation, customer reviews and ratings, and accreditations and memberships to determine the legitimacy of this company.

1. History and Reputation

  • Learn about the company’s establishment date and significant milestones.
  • Analyze the company’s track record, including notable accomplishments or controversies.
  • Evaluate the company’s reputation by examining its standing within the industry and among consumers.

2. Customer Reviews and Ratings

Customer reviews and ratings offer valuable insights into the products and services of Miles Franklin Precious Metals. Prospective clients can refer to platforms like Trustpilot and the Better Business Bureau for authentic feedback on customer experiences, service quality, and product satisfaction.

History tells us that customer reviews and ratings have become pivotal in influencing purchase decisions, making them a crucial aspect of assessing the legitimacy and credibility of companies in the modern business landscape.

3. Accreditations and Memberships

  • Be sure to check for recognized industry accreditations and memberships, such as the Professional Numismatists Guild or the American Numismatic Association.
  • Look for affiliations with reputable organizations like the Industry Council for Tangible Assets (ICTA) or the Numismatic Guaranty Corporation (NGC).
  • Verify if the company follows the standards set by the Better Business Bureau (BBB) and holds memberships in respected chambers of commerce.

Miles Franklin Precious Metals proudly maintains affiliations with esteemed industry organizations and upholds high standards, ensuring the trust and confidence of their customers in their services.

How to Buy from Miles Franklin

Are you considering purchasing precious metals from Miles Franklin, but unsure of how to go about it? Look no further! In this section, we will discuss the various methods for buying from Miles Franklin: online, over the phone, and in-person at their office. By understanding the different options available, you can make an informed decision on the most convenient and secure way to add precious metals to your portfolio. Let’s dive in and explore the different purchasing methods offered by Miles Franklin.

1. Online Purchases

  • Visit the Miles Franklin website and create an account for convenient online purchases.
  • Browse through their selection of gold and silver bullion or numismatic coins and add them to your cart.
  • Select the items you wish to purchase and proceed to checkout.
  • Enter your payment and shipping details and review your order before confirming the purchase.

Did you know? Miles Franklin offers a wide range of precious metals products suitable for both seasoned investors and those new to the market.

2. Phone Orders

  1. Call the Miles Franklin Precious Metals phone number during business hours.
  2. Place a phone order by speaking with a knowledgeable representative about available products and pricing.
  3. Provide your details and complete the purchase over the phone.
  4. Confirm the shipping or storage options for your order.

When ordering by phone, make sure to have all necessary information ready and address any concerns about the products before finalizing the purchase.

3. In-Person at Their Office

  • Contact Miles Franklin to schedule an appointment.
  • Prepare necessary documentation such as identification and payment method.
  • Visit their office in person to discuss and finalize your purchase.

What Are the Shipping and Storage Options?

When considering purchasing precious metals from a company like Miles Franklin, it’s important to understand the shipping and storage options available. This section will delve into the specifics of domestic and international shipping, as well as the various storage options provided by Miles Franklin. Whether you choose to store your metals in their own vault or with a third-party vault, it’s crucial to have a clear understanding of the logistics involved. So, let’s dive in and explore the different options for shipping and storing precious metals with Miles Franklin.

1. Domestic and International Shipping

  • Miles Franklin provides reliable shipping options for both domestic and international deliveries, including:
    • Various shipping carriers and methods based on customer preferences and location.
    • Delivery times, shipping costs, and insurance coverage for valuable shipments should be considered when choosing a shipping option.
    • Choosing a reputable and secure shipping method can ensure a smooth and secure delivery process for your precious metals.

When it comes to Domestic and International Shipping, Miles Franklin has you covered.

2. Storage in Their Vault

  • Schedule an appointment with Miles Franklin to discuss storage options and tour their vault facilities.
  • Review the security measures in place, such as surveillance and access control, to safeguard your precious metals.
  • Discuss insurance coverage for the stored items to ensure protection against potential risks.
  • Understand the terms and conditions regarding access to and retrieval of stored metals for flexibility and convenience.

Consider choosing to store your precious metals in their secure vault for peace of mind and maximum protection.

3. Storage with a Third-Party Vault

  • Research: Before choosing a third-party vault for storage, it is important to conduct thorough research on reputable options. Consider factors such as security measures, insurance coverage, and customer reviews.
  • Compare Services: It is also important to compare the services offered by different third-party vault providers. This can include storage fees, accessibility, and additional amenities.
  • Visit Facilities: If possible, schedule visits to the facilities to assess their physical security, storage conditions, and overall trustworthiness.

When considering storage with a third-party vault, it is crucial to prioritize due diligence and seek recommendations from trusted sources in order to find a secure and reliable storage solution.

Frequently Asked Questions

Is Miles Franklin Precious Metals a legitimate company?

Yes, Miles Franklin Precious Metals is a legitimate company with a long history in the precious metals industry. It is included in the “highest recommendation” list of investment companies and prides itself on fair pricing, customer education, and excellent customer service.

What types of products does Miles Franklin offer?

Miles Franklin offers a wide range of bullion and numismatic products, including gold, silver, and platinum. They also offer gold and silver IRAs through their partnership with New Direction IRA for self-directed IRAs.

What is Miles Franklin’s customer-oriented approach?

Miles Franklin’s goal is to provide fair pricing and excellent customer service. However, some customers have complaints about their service and the lack of price information on their website. For a more reputable and trustworthy option, Goldco is recommended.

What are the qualifications of Miles Franklin’s founders?

Miles Franklin was founded in 1989 by David and Andrew Schectman, who have decades of experience in the precious metals industry. They set out to establish a company that could help investors diversify their portfolios with precious metals and provide fair pricing and excellent customer service.

Does Miles Franklin work with accredited storage companies?

Yes, Miles Franklin works closely with accredited storage companies to ensure the safekeeping of precious metals. They offer options such as Brinks Montreal or their private safe deposit box program.

What are the risks of investing with Miles Franklin?

Investment opportunities with Miles Franklin can be compared to navigating a minefield, as one wrong move can result in financial loss. It is important to carefully consider all options and do thorough research before investing.

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