Colonial Metals Group Review: Trusted Gold & Silver Dealer?

In a time of rising inflation and global uncertainty, many Americans are turning to physical gold and silver as a way to protect their retirement savings. 

One company making waves in this space is Colonial Metals Group, a fast-growing precious metals firm based in West Palm Beach, Florida. 

Founded by industry veterans, Colonial Metals has built a strong reputation—especially among conservative retirement savers—thanks to its generous promotions, wide product selection, and appearances on trusted media outlets.

In this Colonial Metals review, we’ll look at both the pros and cons of working with this Gold IRA company. Let’s dive in!

Executive Summary:

Don’t have time for the full review? Here’s what we like about Colonial Metals Group:

• Highly rated on finance blogs and customer review sites with a 4.5/5 star average rating on Trustpilot
• Trusted by Roger Stone, Jeanine Pirro, and Larry Kudlow
• Unique promotional offers such as free silver and zero IRA fees for up to 5 years
• Wide selection of gold, silver, platinum, and palladium products for inclusion in an IRA or for home delivery
• Competitive Buyback program

What we do not like about the company:

• Founded in 2023, Colonial Metals Group has not been in business as long as some of their competitors

Based on our review, we’ve added Colonial Metals to our list of top companies for 2025. To learn more, claim your free Gold IRA Guide from their website here.

Colonial Metals Group was launched in 2023 by CEO Paul Stone, and an executive team of industry experts. While it’s a relatively newer company, the team behind Colonial Metals has decades of combined experience facilitating gold and silver sales to U.S. customers. 

The company is headquartered in West Palm Beach, Florida and has already become a familiar name among conservative audiences. CEO Paul Stone has appeared on Roger Stone’s Stone Zone, Larry Kudlow, RSBN, Patriot TV, and more. The company itself has also been featured in major outlets including NewsMax, Fox Business, MarketWatch, and USA Today.

With its focus on trust, transparency, and customer service, Colonial Metals is positioning itself as a go-to resource for Americans seeking to diversify their retirement portfolios with precious metals.

Related: Diversify Your 401(k) with Physical Gold and Silver

What Colonial Metals Offers

Gold IRAs

Colonial Metals Group specializes in precious metals IRAs, with a primary focus on Gold IRAs. These accounts allow retirement savers to hold physical gold and other IRS-approved metals inside a tax-advantaged retirement account. 

Customers can fund their Gold IRA by transferring or rolling over an existing retirement account, such as a traditional IRA or 401(k). Colonial Metals offers a streamlined setup process and personalized support at every step.

Storage is handled by IRS-approved depositories in states like Texas, Delaware, and Utah, providing secure and insured protection for your metals.

Direct Purchases for Home Storage

For those not interested in a Gold IRA, Colonial Metals also facilitates direct purchases of gold and silver for home delivery. Qualified cash buyers can receive a free home safe as part of the company’s current promotional offer.

Product Selection

Colonial Metals offers a wide range of gold, silver, platinum, and palladium products. This includes bars and coins from some of the most reputable mints and refiners in the world. Some popular products include:

Whether you’re looking for government-issued coins or privately minted bullion, Colonial Metals offers products suitable for both retirement accounts and personal holdings.

Visit Colonial Metals’ website to learn more.

Account Minimums and Promotions

To open an account, Colonial Metals requires a $10,000 minimum purchase. This is modest as some Gold IRA companies have account minimums as high as $50,000. 

Current incentives to attract new customers include:

• Up to $7,500 in free silver for qualified buyers
• No IRA fees for up to five years
• Free home safe for eligible cash buyers

These perks make Colonial Metals especially appealing for first-time precious metals buyers.

Fees and Costs

Colonial Metals does not charge any fees directly to customers. Instead, IRA setup and maintenance fees go to your third-party custodian and depository. 

Here’s how it breaks down:

• Setup fee: Typically $80 (paid by Colonial Metals)
• First-year custodian and storage fees: Around $225 total (also paid by Colonial Metals)
• Ongoing fees: After promotional coverage ends, customers typically pay about $225 per year

Colonial Metals will cover up to five years of these fees, depending on the size of your purchase. Make sure to ask a representative about your eligibility.

Colonial Metals Pricing

So how is Colonial Metals compensated? Like most precious metals companies, Colonial earns money through a markup on the metals they sell. This is included in the final price you pay when purchasing coins or bars for your IRA or personal holdings. 

Regardless of which company you choose to work with, make sure to get pricing information in writing before buying. Stick to widely recognized common bullion products and always compare pricing with competitors (before buying) to ensure you’re paying a fair markup on your bullion bars and coins.

Also note: When comparing pricing between dealers, it’s also smart to factor in any promotions like free silver or no IRA fees. 

Above: Colonial Metals’ CEO Paul Stone is a regular guest on Right Side Broadcasting Network (RSBN)

Customer Reviews and Ratings

Colonial Metals has earned high praise from both customers and independent review sites:

• Trustpilot: 4.5-star average rating
• Bullion.Directory: Two 5-star customer reviews
• GoldIRAGuide: 4.6 out of 5 stars
• HowToInvestGold.com: Rated 4.5 out of 5 stars

Many buyers highlight Colonial’s customer service, responsive support team, and transparent pricing as key reasons for their satisfaction.

Buyback Program

Colonial Metals offers a competitive buyback program, allowing customers to sell their metals back when they’re ready. The company is rated “Best Buyback Guarantee” by BVIWelcome.com. 

It’s smart to get details in writing and compare terms with other companies before deciding on the right Gold IRA company for your purchase.

How to Open a Gold IRA with Colonial Metals

Opening a Gold IRA with Colonial Metals Group is a straightforward process:

1. Request a Free Gold IRA Guide
2. Speak with a Precious Metals Specialist
3. Transfer Funds from an existing IRA or 401(k)
4. Select Your Precious Metals
5. Store Metals in an IRS-Approved Vault (Texas, Delaware, or Utah)

Colonial Metals will hold your hand through the entire process. This includes answering all of your questions, helping select a top-rated custodian and storage provider, and ensuring your metals are shipped (fully insured) to your vault depository.

Colonial Metals Group facilitates new Gold IRA accounts every day and can make the entire process simple and easy.

Pros and Cons

Pros

• Wide selection of precious metals
• Trusted media exposure (Fox, NewsMax, RSBN, etc.)
• No fees for up to 5 years
• Free silver (up to $7,500) for qualifying accounts
• Free safe ($400 value) promotion
• Highly rated by customers and industry sites

Cons

• Newer company, founded in 2023

While Colonial Metals is still building its track record, its leadership, customer-first approach, and national media presence help inspire confidence among retirement savers.

Final Verdict

Always perform due diligence—speak with a financial advisor and compare two or more companies before making a decision. That said, Colonial Metals Group is a strong contender for anyone considering a precious metals purchase.

The company has made a strong impression in a short time. Led by industry veteran Paul Stone, the company offers a wide range of metals, attractive bonuses, and competitive pricing. It’s no surprise that more Americans are trusting Colonial with their retirement dollars.

Visit Colonial Metals’ website to learn more.

FAQs

How much do I need to open a Gold IRA with Colonial Metals?

The minimum purchase to open an account is $10,000.

What types of metals can I buy through Colonial Metals?

Colonial Metals offers a wide selection of gold, silver, platinum, and palladium products, including popular coins like American Gold Eagles, Canadian Silver Maple Leafs, and bars from PAMP Suisse, Valcambi, and the Royal Canadian Mint.

Can I take physical delivery of my metals?

Yes. While metals held inside a Gold IRA must remain in an IRS-approved depository, Colonial Metals does offer direct delivery options for customers making cash purchases outside of an IRA. Qualified cash buyers may even receive a free home safe as part of the company’s current promotion.

Additionally, if you’re taking Required Minimum Distributions (RMDs) from your Gold IRA, you may have the option to take physical possession of a portion of your metals instead of liquidating them. Speak with a Colonial Metals representative to understand your distribution options and ensure compliance with IRS rules.

Does Colonial Metals charge any fees?

Colonial Metals itself does not charge customers any fees. Setup and annual fees are paid to the custodian and depository, but Colonial covers these costs for the first year, and potentially up to five years depending on the size of your purchase.

How does Colonial Metals’ buyback program work?

Colonial Metals Group offers a competitive buyback program for customers who want to sell their metals in the future. Always request terms in writing and compare with at least one other company to ensure you’re getting the best deal.