Due to an increasingly uncertain global economy, more investors are turning to precious metals as a hedge against inflation and economic uncertainties. When selecting an investment firm such as Lear Capital or Noble Gold to make precious metal purchases from, selecting an informed choice becomes essential in making educated choices about precious metal investing. In this article we seek to compare both companies to assist investors make well-informed decisions when purchasing precious metals investments.
Overview
Since 1997, Lear Capital has grown into one of the premier precious metal investment firms in America. They specialize in selling gold and silver bullion as well as rare coins; precious metal-backed IRA options; as well as assistance for first-time buyers looking for precious metal investments and portfolio diversification services.
Noble Gold, while smaller in comparison to Lear Capital, has quickly established itself as an authority in the precious metals industry since launching in 2017. Noble Gold provides customers with individual retirement accounts backed by gold, silver, platinum, and palladium and offers coins and bullion directly for sale.
Product Offering
Lear Capital provides a selection of gold and silver products including bars, coins, and precious metal IRAs. They specialize in rare numismatic coins which could appeal to collectors as well as investors looking for long-term value appreciation.
Noble Gold offers precious metal IRAs as well as platinum and palladium investments, in addition to offering its Royal Survival Pack which provides purchasers with multiple investment strategies during an economic downturn.
Customer Service
Lear Capital has long been known for having knowledgeable representatives to assist investors through the investment process; however, some customers have raised concerns regarding the aggressive sales tactics employed by its representatives.
Noble Gold stands out for its impeccable customer service. They focus on educating their clients while offering tailor-made investment strategies with no high-pressure sales techniques or aggressive pressure selling practices.
What Customers Have Reported About Lear Capital and Noble Gold
Fees and Costs
Both companies have distinct fee structures; Lear Capital has been widely criticized by some critics due to the high commissions charged on specific coins. It's essential that investors thoroughly explore each company's fee structures as well as all costs involved before committing themselves to making an investment decision.
Noble Gold stands out by having an open fee structure with competitive pricing, providing clear information regarding all costs involved, something appreciated by investors who value transparency.
Lear Capital provides segregated storage options for precious metals, meaning customers' metals will remain separate from all others stored nearby.
Noble Gold offers secure storage that goes even further by offering locations in Texas and Delaware based on clients' individual requirements and preferences.
Conclusion:
When making their choice between Lear Capital and Noble Gold, investors should carefully consider their individual investment goals, preferences regarding customer service, fees, and costs considerations as well as sensitivities to fees and costs. Lear Capital may appeal to some due to its long history and extensive product lineup while others might prefer Noble Gold due to their educational focus, transparency, personalized services as well as personalized advice from financial advisors. Before making their final choice it's vital for investors to conduct extensive research as well as seek the advice of an independent advisor before making their final choice! Read more about precious metal IRAs at raremetalblog.com.