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As you begin your journey towards investing in precious metals, having access to the best gold retailers becomes essential. Investing in gold and silver dealings with a trusted retailer that can guide your investments is easier.
Unfortunately, not all retailers are created equal in the precious metals industry. If you live in the Boise, Idaho, area, you have likely heard of Gem State Gold and Silver. This local dealer beat out more prominent names in the industry, but that does not mean they are the right retailer for your needs.
We have researched this company in depth to learn everything we can. Our goal is to prepare you for what to expect from the dealer. We want to give you the facts to help you decide if Gem State suits your needs.
Buying precious metals diversifies your investment portfolio, helping to shield against inflation. Experts say you should invest 5% to 15% of your portfolio in precious metals, depending on your comfort level. The most knowledgeable bullion dealers can help guide you in your selections and offer insight that will assist you in making sound investment choices.
At The Gold Information Network, we understand the importance of your financial choices and the trust you place in our insights. We conduct in-depth research on each company we review, evaluating its reviews, reputation, product offerings, fees, and history while meticulously comparing it with similar market products.
In a financial landscape where banks appear geared towards serving the wealthy, we hold reservations about these institutions, the monetary system, and politicians. We passionately advocate empowering individuals like you with greater control over their finances. We firmly believe that you should have the authority to shape your financial future independently, reducing your dependence on institutions and politicians.
We reviewed Gem State Gold and Silver LLC, a precious metals dealer based in Idaho. The company has been in business since 2017.
Gem State Gold and Silver LLC is a small family-owned and operated precious metals business in Boise, Idaho. The company owners are Marvin Tanner and his wife, Yvonne.
The company owner claims they are the only business of its kind in the area because they are both a refinery and smelter. Gem State has been in business for over 15 years and claims to offer outstanding service as a small precious metals dealer.
We like to begin our research by visiting the company's website to learn more about its services. The website offers little information about the provided services and how to contact the owners.
Customer reviews are essential sources of information to help investors decide on a retailer. You need to look for many positive reviews, though there will always be a few dissatisfied customers. If there are many negative reviews, this should throw up a red flag.
The Better Business Bureau does not accredit the company, and it has a C+ rating. Gem State has 3 out of 5 stars with two complaints.
One of the complaints is a severe allegation against the company's owner. She said the owner cursed at her, threatened her, and began harassing her.
The company has yet to respond to the complaint. We will update our readers if we see additions to the post.
We found the company on Yelp, which has 3.3 stars out of 5. Gem State has mixed reviews with primarily complaints. As we researched, we found common themes like the following:
We checked their social media profiles and found a Facebook page with only two likes and four follows. Their page has not been updated since 2016, but there have been four negative ratings. The themes of the negative ratings mirror those above, including:
There have been some positive reviews with subjects like the following:
After reading every complaint and positive review, we have concluded that Gem State Gold provides poor customer service. The owner has extensive gold and silver knowledge and multi-million dollar testing equipment.
Many customers have described him as rude, condescending, and dishonest, and many online reviews agree. We encourage you to exercise caution before doing business with this establishment.
Although he may operate an honest company, the owner's attitude and customer service leave much to be desired. You deserve the utmost respect when selling or buying precious metals.
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Gem State Gold and Silver LLC is not a scam. The company has been around for 34 years, but its reputation is not the best in Boise.
Although Gem State has positive customer reviews, there are also many complaints. Some people have very good luck with the company, while others receive rude attitudes and poor customer service.
The website offers little information and includes no photos, listings, or prices. The owner states they sell almost all gold and silver coins and bars, and you can schedule a private showroom visit to view their offerings.
We can only confirm that the company sells gold and silver. They may offer platinum and palladium.
We encourage you to call the company if you have further questions about their selection. We will update this review if we learn more about Gem State Gold and Silver's selection.
From our extensive research, we have uncovered some of the company's services. Gem State promises the best Treasure Valley personal service.
They provide the following:
One of Gem State's core services is buying raw gold, silver, platinum, and palladium. They have expensive and sophisticated testing equipment that reveals the contents of jewelry, bars, coins, and rounds. If you sell your gold to Silver Gem State Gold, they do not charge a fee to check it.
They buy all kinds of precious metals, even damaged or broken gold. Selling gold to Gem State is supposed to be streamlined.
You can call, text, or email to make an appointment. The facilities are highly secure, and you will be buzzed in and out.
The website does not offer precious metals or pricing information. The company stores its gold, silver, platinum, and palladium in a bank vault and no longer operates a showroom.
If you want to buy, you must call to schedule an appointment and let the owners know your interests. The company promises to sell just above the present market price.
Enterprise Bullion does not offer precious metals IRA services at this time. If you want to purchase for a personal collection, this is fine. Those who wish for guidance and gold IRA services will not get them from Enterprise Bullion.
Gem State Gold and Silver LLC has been around for years and has developed quite a reputation among Boise residents. From our research, we discovered people either love or hate them, with some giving glowing reviews and others speaking of uncomfortable interactions.
Unfortunately, it appears the negatives outweigh the positives with this coin company. They may have the most excellent gold bars and other options, but Gem State Gold Silver lacks a customer-centric approach.
The company offers a precious metals expert who appears to know the Idaho gold market, but many customers complain about his rudeness and threats. Gem State Gold and Silver needs to overhaul its customer service approach to avoid losing current and potential customers.
We do not know how much silver, gold, platinum, or palladium the dealer offers, though they say they can get their customers just about anything. Whether you want only a couple rounds or a big order, they promise to have you covered.
We cannot comfortably recommend Gem State Gold and Silver LLC because of the lack of information on their services and many negative reviews. When multiple customers mention the same poor service, this raises red flags that we must heed.
We believe there are many better precious metals retailers in the world, and with Gem State Gold and Silver LLC serving only local customers, you may want to see about other options.
We have reviewed countless retailers and invite you to read our comprehensive reviews and use our comparison charts to see how these companies compare to their competition.
The more you educate yourself on the options, the better equipped you will be to control your wealth and protect it long-term. Protecting your wealth is easier with the right investment strategy and retailer to guide you.
We recognize the significance of your financial decisions and the trust you place in us. We've done extensive research, examining reviews, reputation, products, fees, and history to ensure you receive accurate insights.
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