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Bishop Gold Group Reviews

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Ryan Paulson (CFA)

6.5/10 (Expert Score)
Product is rated as #34 in category Precious Metals
Bishop Gold Group is a solid choice for those interested in purchasing precious metals or setting up a Gold IRA. With a strong focus on customer service and a broad range of products, they cater well to various investment needs. However, potential clients should be prepared to engage directly with the company to get detailed product information and understand all associated fees. Their reputation for quality service and reliable investment handling makes them a reputable option in the precious metals market.
Reputation and Experience
7
Fees and Costs
6.5
Customer Service
7
Selection of Offered Metals
8
Storage and Security
5
Buyback Policy
5
Educational Resources
6.5
Transparency
6.5
Accreditations and Licensing
6.5
Ease of Transaction
6.5
PROS:
  • Wide Range of Products: Bishop Gold Group offers a diverse array of precious metals, including gold, silver, platinum, and palladium in various forms such as coins, bars, and rounds. This variety allows investors to choose products that best fit their investment strategies.
  • Gold IRA Services: They provide comprehensive support for setting up Gold IRAs, working with reputable custodians and depositories to ensure the security and compliance of the investments. This includes facilitating the transfer of funds and purchasing metals for the IRA​.
  • Customer Service: The company has received high praise for its customer service, noted for being responsive and helpful in guiding customers through the investment process. They have a strong reputation with positive reviews on multiple platforms​.
CONS:
  • Limited Online Functionality: Bishop Gold Group does not provide extensive online services such as e-commerce or detailed product listings on their website, requiring potential customers to initiate contact by phone or email to discuss their needs.
  • Information on Fees Not Transparent: The company does not clearly list fees associated with their services on their website, which may require prospective clients to inquire directly for detailed information about potential costs​.

What is Bishop Gold Group?

Bishop Gold Group is a reputable financial services firm that focuses on investing in precious metals.

The company is well-known for its extensive knowledge and experience in dealing with valuable metals such as gold, silver, and other precious metals.

It provides a variety of investment options and services specifically designed for both individual and institutional investors who are looking to spread their investments across different assets and protect themselves from unpredictable changes in the economy.

Bishop Gold Group offers complete counsel encompassing many aspects such as acquisition, divestment, secure storage, and portfolio management. Their dedication to educating clients and being transparent distinguishes them in the business, enabling clients to make well-informed decisions in order to attain their financial objectives by investing in the safety and security of precious metals.

People Behind Bishop Gold Group:

Michael Martinez (Sr. Director)

Bishop Gold Group is privileged to have Michael Martinez as their distinguished Senior Director, contributing essential experience and leadership to the firm. Michael’s profound expertise in the precious metals business is vital in driving the company’s development.

Michael Martinez has an extensive career in the precious metals market, which has given him a profound comprehension of the industry’s dynamics and trends. His extensive expertise enables him to offer strategic advice and make well-informed choices to handle the constantly evolving market environment.

Michael, in his role as the Senior Director, is responsible for overseeing multiple aspects of Bishop Gold Group’s activities. He assumes a pivotal position in devising and executing the company’s business plans, guaranteeing sustained expansion and profitability. Michael’s astute observations and analytical abilities enhance the creation of efficient investing and retirement savings strategies, enabling customers to accomplish their financial goals.

Sydney Berg (Director of Operations)

Sydney Berg possesses a considerable amount of expertise in her position, since she has gained substantial experience in the field of precious metals.

Due to her profound comprehension of the industry, she is capable of supervising the seamless execution of transactions, guaranteeing both efficiency and precision in every stage of the operation. Sydney’s thorough approach ensures a smooth experience for Bishop Gold Group’s clients, whether it involves handling orders, maintaining inventory, or coordinating logistics.

How to Open a Gold IRA with Bishop Gold Group:

When considering a Bishop Gold Group IRA, it’s important to understand the necessary steps involved:

  • First, you’ll need to contact the company. However, the lack of an online signup process can be quite inconvenient for certain investors. Once you’ve contacted them, the experts at Bishop Gold Group will reach out to you and help with completing the necessary paperwork.
  • Afterward, you’d need to fund your new IRA account. The company will rollover or transfer your funds from your existing IRA to your new precious metals IRA. They will take care of the entire process.
  • After the rollover is finished, you have the freedom to select the specific precious metals to include in your gold IRA account. Bishop Gold Group provides a wide range of gold and silver products, many of which are eligible for IRA investments.
  • Once you’ve selected the precious metals you want to include in your IRA, the company will securely store them at the depository vaults of your chosen partners.

Bishop Gold Group Products:

Gold Products:

The inventory of gold coins at Bishop Gold Group provides an extensive selection. You’ll find Gold coins there from Canada, the United States, the United Kingdom, Mexico, the Netherlands, Australia, and South Africa. The assortment comprises renowned coins from many countries, enabling investors to expand their gold portfolio by including diverse countries and designs.

Bishop Gold Group offers gold bars of different dimensions, with gold coins. Purchasers have the option to select between gram and ounce units of measurement. Gram bars are offered in the following sizes: 1, 2.5, 5, 20, 25, 50, and 100 grams. Ounce bars are available in 1, 5, and 10-ounce quantities. Customers looking for higher amounts can also purchase a 1-kilogram gold bar.

Silver Products:

The available silver coins include American Buffalo rounds, silver rounds with customizable designs, JFK coin rounds, American Eagles, Jefferson War Nickels with 35% silver content, Canadian Maple Leafs, and Australian Kangaroos. These coins offer a chance to invest in silver with diverse styles and origins. It is crucial to acknowledge that not all silver coins meet the requirements to be included in an Individual Retirement Account (IRA).

Bishop Gold Group also provides silver bars in sizes varying from 1, 5, 10, and 100 ounces. These bars offer flexibility to investors who prioritize the convenience and purity of silver in its bar format.

Platinum and Palladium Products:

In platinum, they offer American Eagle Coins while for palladium, the company offers Canadian Maple Leafs. For additional platinum and palladium products, you’d need to get in touch with the company.

Bishop Gold Group Reviews and Ratings on Other Platforms:

Better Businss Bureau (BBB):

Bishop Gold Group has received A+ ratings on the Better Business Bureau website, which are based on 18 customer reviews. They have been in the industry for 5 years. Only one complaint has been submitted and resolved in the past three years. This business is accredited by the Better Business Bureau (BBB) on its website.

Yelp:

Bishop Gold Group has received a rating of 3.5 stars out of 5 on Yelp, based on a total of 3 customer reviews. The majority of the reviews are favorable. The consumer commended the quality of their services and products.

Google Reviews:

Bishop Gold Group has received a rating of 4.4 stars out of 5 on Google, based on user reviews. There are a total of 22 customer reviews on Google, most of which are favorable. Customers have specifically commended the organization for its exceptional customer service, professionalism, and knowledge.

Trustpilot:

Bishop Gold Group has received a rating of 4.8 stars out of 5 on the Trustpilot website, as per user reviews. The website has a total of 42 customer reviews.

Bishop Gold Group Review: Conclusion

Bishop Gold Group is a promising company with many highlights. They have been industry for a significant amount of time and have one of the most impressive product catalogs. Some investors might find them useful.

Specification: Bishop Gold Group Reviews

Main
BBB Rating

A+

Custodian

Unknown

Gold Bullion

American Gold Eagle, Australian Perth Mint Gold Bars, Canadian Gold Maple Leaf, Gold American Buffalo, Gold Austrian Philharmonic, Gold Mexican Libertad

Silver Bullion

American Silver Eagles, Austrian Silver Philharmonics, Canadian Silver Maple Leafs, Mexican Silver Libertads

Storage Fees

Unknown

Trustpilot Rating

4+

Specification
Address

1801 Century Park E 24th Floor, Los Angeles, CA 90067, United States

Leadership

Michael Martinez (Sr. Director)

User Reviews

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