Gem State Gold And Silver Review

Disclaimer: Many or all of the companies listed here may provide compensation to us. This is how we maintain our free service for consumers. Compensation, along with hours of in-depth editorial research, determines where & how companies appear below.

Many individuals see precious metals as the ideal asset to hold in their investment portfolios. Investing in gold, silver, and other precious metals diversifies your portfolio, hedges against inflation, and can help you prepare for retirement or other important life events.

Gem State Gold and Silver is one precious metals investment company that can help you invest in gold and silver. The company also buys precious metals if you have any you are looking to sell. If you are wondering whether Gem State Gold and Silver is right for you, continue reading. We've laid out all the important information you'd want to learn about this company to decide whether you feel comfortable doing business with them.

  • Product: Precious metals
  • Owner: Marvin & Yvonne Tanner
  • Overall Rating: 2.8/5

Important to mention before we go more in depth with this review!

We know that picking a company to invest with is an important financial decision and we pride ourselves on providing accurate and reliable information! With our extensive research, we have compiled a list of our 5 highest recommended companies for this year!

==> See our full list of the top 5 precious metals investment companies here (for IRAs AND non IRAs)

See if Gem State Gold And Silver made it on our list this year!

Or Get A Free Gold Investing Kit From Our #1 Recommended Company Right Away Below!

Or continue on with this Gem State Gold And Silver review...

About Gem State Gold and Silver

Gem State Gold and Silver Review

Gem State Gold and Silver is a precious metals company located in the Boise, Idaho area. They buy, sell, and assay precious metals. The company's owners are Marvin and Yvonne Tanner.

Gem State Gold and Silver recently moved to a new private location. They selected this location to offer their customers a more discreet place where they can buy gold and silver without others seeing what they are doing. Appointments can be made any day; you just need to call in advance.

Products and Services

There are a number of services offered by Gem State Gold and Silver. You can work with the company to:

  • Buy precious metals coins and bars stored in their secure Boise vault
  • Sell precious metals coins and bars
  • Sell old and broken silver and gold jewelry
  • Have your old jewelry melted down and turned into a bar
  • Have an X-ray study done on an item with the energy dispersant x-ray fluorescent spectrometer

Are There Any Red Flags for Gem State Gold and Silver?

Gem State Gold and Silver Review

Now that we've gone over what Gem State Gold and Silver is and the services they offer, let's examine whether there are any red flags that may indicate they aren't the right company for you to work with. While looking up reviews for the business through reputable online sources, we were unable to find many customer reviews. For example, there were no reviews listed on the Business Consumer Alliance website, TrustLink, or Trustpilot.

The company does have an A+ rating from the Better Business Bureau, but those ratings aren't based on customer reviews. There was only one customer review listed on the BBB website. Gem State Gold and Silver also isn't a BBB Accredited Business.

While there don't appear to be many negative reviews for Gem State Gold and Silver, there also don't appear to be many positive reviews. When you can read up on what other customers say about a company, it doesn't help you get a full picture of what they have to offer. Since there are so many other precious metals investment companies that do have numerous reviews from their past customers, it does seem like a bit of a red flag for Gem State Gold and Silver.

  • Better Business Bureau: A+ rating; not a BBB Accredited Business
  • Business Consumer Alliance: Not rated
  • TrustLink: Not rated
  • Trustpilot: Not rated

Is Gem State Gold and Silver a Scam?

Gem State Gold and Silver Review

No, Gem Sate Gold and Silver isn't a scam. They are a legitimate company located in the Boise, Idaho. However, we would not recommend choosing them if you're looking to purchase gold and silver for a few reasons.

The first reason we don't think Gem State Gold and Silver is the best company to work with is that there aren't many reviews available from past customers. We couldn't find any reviews listed on the Business Consumer Alliance's website, TrustLink, or Trustpilot. As we noted above, this doesn't necessarily mean that they are a poor company, but it doesn't give us a lot of evidence to suggest that they are a great company either.

The next reason we don't recommend Gem State Gold and Silver is that their website very outdated and not very organized. The majority of the website is text, mostly written in all capital letters. It is difficult to read and doesn't include any links or images to show the specific gold or silver coins and bars that are available.

The website also doesn't list any pricing for specific items; you'll have to call or email one of the owners to find out more about which coins or bars they sell and how much they cost.

Based on the limited information on the website, it also doesn't appear that Gem State Gold and Silver offers IRA services. If you're thinking about adding precious metals to an IRA, they probably aren't the right company for you.

Features

  • Gem State Gold and Silver just moved to a more private location.
  • Appointments are available to visit the showroom seven days a week.
  • Gem State Gold and Silver is one of the largest gold and silver companies in Idaho.
  • They will buy old and broken gold and silver jewelry.
  • You can use them to turn melt old jewelry down and turn it into a bar.
  • They offer various gold and silver bars in the Boise vault.
  • Gem State Gold and Silver has an energy dispersant x-ray fluorescent spectrometer and can perform X-ray studies.

Pros

  • You can view the showroom to view coins and bars in person and make discreet transactions.
  • You can buy gold and silver coins and bars through Gem State Gold and Silver.
  • Gem State Gold and Silver can melt your old and broken jewelry down to turn it into a gold or silver bar.

Cons

  • Limited reviews are available for Gem State Gold and Silver.
  • The company's website is outdated, difficult to read, and not well-organized.
  • No pricing information is included on the website.
  • They don't appear to offer IRA services.

Final Verdict

We don't think Gem State Gold and Silver is the best company to use when you're looking to invest in precious metals. There are other companies out there with a better reputation, a more updated website, and more clear service offerings than what Gem State Gold and Silver seem to offer. We'd recommend choosing one of them instead.

Although we do think that Gem State Gold And Silver is a solid company, we believe that there are better companies out there to make your investment with.

===> See our top 5 recommended companies here (for IRAs AND non IRAs)

You can get a free gold investment kit from our #1 recommended precious metals investment company above, or you can checkout our top 5 recommended companies below...

Or, continue with Gem State Gold And Silver...

Leave a Reply

Your email address will not be published.