What is Fisher Precious Metals?Fisher Precious Metals Locations, Timings, Email, Phone, Services
Fisher Precious Metals is a bullion dealer and precious metals investment company based in Deerfield Beach, Florida. The business started in the year 2007. The company specializes in the buying and selling of precious metals, such as gold, silver, platinum, and palladium. They offer a range of products, including IRA-approved coins and bars, catering to both collectors and retirement savers.
Fisher Precious Metals also provides services related to gold Individual Retirement Accounts (IRAs), allowing individuals to include precious metals in their retirement savings.
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They work with custodial services provided by New Direction IRA and offer vault storage options through International Depository Services of Delaware, International Depository Services of Canada, and Strategic Wealth Preservation.
Founded by John Fisher and Lynn Fisher, the company brings over 16 years of experience in the precious metals market. They emphasize personalized customer service and aim to educate their clients about the risks and benefits of precious metals investing.
Fisher Precious Metals prides itself on transparency and claims to avoid fear and greed sales tactics commonly found in the industry. In addition to selling precious metals to clients, Fisher Precious Metals also offers a buyback service. They state that they will buy back any items they have sold to their clients at a fair market value price.
Address: 2151 W Hillsboro Blvd., Ste 210, Deerfield Beach, FL 33442 United States
Phone: (800) 390-8576
People Behind Fisher Precious Metals: CEO, Owner, Co-Founders & MoreWho owns Fisher Precious Metals? What is the management team behind Fisher Precious Metals?
Fisher Precious Metals was founded and owned by John Fisher and Lynn Fisher.
John Fisher: President and Founder
John Fisher plays a prominent role in the company and the precious metals industry. He has extensive experience and knowledge in the field, which he utilizes to provide personalized advice and education to clients.
John Fisher is also Vice-Chair of the Industry Council for Tangible Assets (ICTA), a position that demonstrates his influence and importance within the industry. His insights and opinions likely carry weight and may shape the precious metals market
Lynn Fisher: Co-founder and Partner
Lynn Fisher is the co-founder of Fisher Precious Metals alongside John Fisher. Together, they started investing in precious metals in 1993 and have accumulated decades of experience in the industry.
Not much information is available about her on the company’s website.
Fisher Precious Metals Products: Bullion Coins, Bars, And Rare CoinsAll products offered by Fisher Precious Metals
Fisher Precious Metals offers a wide range of products on its website, including bars and bullion coins from reputable sovereign mints such as the Perth Mint, US Mint, and Royal Canadian Mint.
These products are particularly for beginners, as they are easier to liquidate in case of a financial emergency. Sovereign coins are generally more readily accepted and have a broader market compared to collectible coins, which may be harder to sell.
Some of the popular IRA-eligible bullion from around the world that they carry includes:
Austrian Gold Philharmonic
Australian Gold Kangaroo
American Gold Eagle
Silver American Eagle
Australian Silver Kookaburra
Australian Platinum Koala
American Gold Buffalo
Canadian Gold Maple Leaf
Austrian Platinum Philharmonic
Palladium Canadian Maple Leaf
Fisher Precious Metals emphasizes the importance of having an exit strategy and maximizing profits over time. The company deals with various precious metals such as palladium, platinum, gold, and silver. They are not limited to bars and coins but also accept other forms of precious metals, including broken jewelry, flatware, rings, and watches.
Beware of Gold IRA scams. Recently several scams have been charged by the authorities. Companies such as Regal Assets, Safeguard Metals and Red Rock Secured defrauded hundereds of retirees like you and me. I strongly suggest you learn how to identify gold IRA scams. You can request a free guide using the button below:
Fisher Precious Metals also offers a trade service where clients can turn their broken jewelry or metal scrap into liquid coins and bullion. To initiate the selling or trading process, clients can contact the company either by phone or through their physical setup. A team member will provide a transparent quote or offer, and if agreed upon, shipping details and confirmation will be provided.
How to Invest in Fisher Precious Metals IRA?Step-by-step guide for investing in Fisher Precious Metals IRA
To invest in a Fisher Precious Metals IRA, follow these general steps:
Open a Self-Directed IRA Account: Fill out an IRA form to open a self-directed IRA account with their custodian partners. You’ll also need to choose an IRA-approved storage facility for your precious metals.
Fund Your IRA Account: Once your self-directed IRA account is set up, work with your custodian to fund your account with cash, rollover funds, or a combination of both.
Choose Your Precious Metals Products: FPM offers a selection of IRA-approved precious metals products, including gold, silver, platinum, and palladium coins and bars. Choose the products you want to invest in.
Place Your Order: Place your order with the company for the selected precious metals products. You’ll receive a quote with the total cost of your order, including applicable fees.
Direct Your Custodian to Make the Purchase: After placing your order, you’ll need to direct your custodian to make the purchase on your behalf. Your custodian will provide you with the necessary paperwork to complete this step.
Store Your Precious Metals: Once your purchase is complete, Fisher Precious Metals will ship your precious metal products to your chosen IRA-approved storage facility for safekeeping.
However, I don’t recommend opening an IRA with them. Why? Because there are plenty of better options available for you.
Opening a precious metals IRA is a major decision. That’s why I suggest checking out our top gold IRA providers list. There, you can find the best precious metals dealer of your state and choose accordingly.
Also, the list will help you understand what the industry’s best has to offer and what you might miss out on.
Fisher Precious Metals Fees and Charges: Do they overcharge?What are their fees? Do they have hidden fees?
Fisher Precious Metals emphasizes transparency and provides investors with the necessary information to make informed financial decisions. As I mentioned, they offer a product pricing sheet that outlines their pricing structure for buying and selling precious metals. The pricing sheet includes specific prices for various gold bullion and silver bullion products.
Regarding the minimum order requirements, according to the information you provided, the first-time customer order minimum is $5,000. This means that for a first-time customer, the minimum order value should be at least $5,000. However, for subsequent orders, there is no minimum requirement specified.
To access the pricing sheet and view the detailed prices for different products, you can visit their website. Scroll to the bottom of the page and look for the blue button labeled “pricing.” Clicking on that button should lead you to the pricing information in pdf form. I have attached a screenshot below:
FPM is associated with various organizations and institutions in the industry. They are accredited members of national organizations such as PNG (Professional Numismatists Guild), NGC (Numismatic Guaranty Corporation), PCGS (Professional Coin Grading Service), ANA (American Numismatic Association), and GIA (Gemological Institute of America).
Companies like Augusta charge ZERO fees for up to 10 years and allow you to choose your own gold & silver. Fisher Precious Metals on the other hand provides fewer options.
Fisher Precious Metals Reviews and Complaints: BBB, Trustpilot, SitejabberRead all the Fisher Precious Metals reviews & complaints
Better Business Bureau (BBB):
On the Better Business Bureau website, Fisher Precious Metals has an A+ rating. They have been in the industry for16 years. The business has only 11 customer reviews on this website. Furthermore, the company has 5 stars out of 5 stars ratings on BBB. No complaints have been filed or closed in the last 3 years. This business is BBB accredited.
On Yellow Pages, the company has 5 stars out of 5-star ratings based on only 1 customer review. The review presented is positive. The customer is praising the company’s knowledge, rapid shipping time, and its true staff.
On Yelp, Fisher Precious Metals has again 5 stars out of 5-star ratings based on 26 customer reviews. The reviews are mostly positive. The customer praised their services and products. While there are some complaints too regarding products and their shipping.
On SiteJabber, they again have 5 stars out of 5-star ratings based on only 1 customer review. The review is favorable, with customers commending the company’s customer service, knowledge, and prompt delivery.
On Google, the company again has 5 stars out of 5-star ratings based on customer reviews. There are 218 customer reviews on Google, and mostly all of them are positive, with customers praising the company’s excellent customer service, professionalism, and expertise.
Some Customer Reviews from various trusted online rating websites:
#1. Lisa recounts an incident that occurred approximately five years ago. She explains that she went to sell some of her coins while traveling back to Michigan. At the time, she was unaware of the true value of her coins and trusted the honesty of the man she dealt with.
However, it was later revealed that the man had been extremely dishonest in his dealings with her. Lisa specifically mentions having an Indian head penny and a silver penny, which she believes the man only offered her a mere 15 cents for.
She expresses her deep disappointment and frustration, realizing the cruelty and dishonesty of the man’s actions. Lisa hopes that the man will eventually find peace but acknowledges that his behavior is characteristic of a swindling thief.
#2. Jerry shares his positive experience of making multiple purchases from John F. over the past few years. Whenever he had questions, John promptly provided him with answers, demonstrating his knowledge and expertise. Jerry also appreciates the prompt and courteous service offered by John and his staff. Based on his experiences, Jerry highly recommends Fisher PM to others.
#3. Lynn acknowledges the professional expertise of the company in the precious metals industry. She describes their experience working with them as great and expresses satisfaction. Lynn further mentions that they have referred friends and family members to the company, indicating a high level of trust and confidence in their services.
#4. Hadeel Areny commends John for his professionalism and honesty, noting that he provides the best service and offers competitive prices. He highly recommends John and his services, placing trust in his judgment and opinions. Hadeel expresses gratitude to John, recognizing him as the best in his field.
Is Fisher Precious Metals Legit? Should You Invest With Them?Is Fisher Precious Metals a scam or legit? Are they worth it?
No, I don’t think you should invest with them.
A+ ratings on BBB
Buyback services are available
No option to order metals online
While I would say they are among the biggest names in the precious metals industry, they are not the best.
There are several companies with more specialization, service, and fee structures than Fisher Precious Metals.
Before you consider investing with them, I suggest you check out our list of the best gold IRA companies of 2023. Or, you can get a free guide from our #1 rated gold IRA provider below: