What is the PMR Bullion?
PMR Bullion is a U.S.-based online dealer specializing in gold, silver, platinum, and palladium bullion, including bars, coins, and rounds sourced from well-known, reputable mints. The company emphasizes authenticity, inspecting and verifying each item before sale.
Services & Features
- Wide bullion selection: Gold, silver, platinum, and palladium products are inspected and authenticated before shipping.
- Competitive pricing: PMR claims to offer some of the most affordable rates online, with free shipping on orders over $200.
- Professional guidance: Staff like “Samuel” assist clients with valuations and purchases, reflecting a supportive and informed approach.
If you’re a new or experienced investor seeking verified bullion at competitive prices, PMR Bullion may be a strong option. Its polished service, reputable customer reviews, and streamlined buying process appeal to those wanting an easy bullion purchase.
PMR Bullion appears to be a legitimate, customer-oriented bullion dealer with a focus on quality, affordability, and personalized support. The Trustpilot reviews reflect satisfaction with both service and product, making it a promising choice for precious metals buyers.
Who are the People Behind PMR Bullion?
PMR Bullion (Precious Metals Refinery, PMR) was founded in 2011 in Tucson, Arizona, by Robert Chorost and David Schiesel, establishing a direct-to-consumer model that emphasized value and transparency. Rooted in a legacy connection to Richard E. Baron—a former Executive Director of the National Association of Jewelry Appraisers and Watch Dealers—the company adopted a high standard of appraisal expertise and customer service.
Leadership and Expertise
- Robert Chorost now serves as the company’s owner and a prominent public face. On a regional TV segment, Chorost emphasized PMR’s dedication to authenticity, fairness, and in-house precious metals testing.
- David Schiesel co-led the business until transitioning ownership to Robert and Julia Chorost, who now spearhead PMR’s expansion efforts.
- The company’s specialists include GIA-certified gemologists, coin and numismatic experts, watch professionals, and other metal authorities, ensuring accurate assessments and high customer trust
PMR prides itself on private, confidential customer interactions, where items are evaluated in secure offices using state-of-the-art analyzers such as on-site X-ray machines. They also operate across multiple locations, including commissioned expansion into California, demonstrating both regional reach and consistent service standards.
Does PMR Bullion Offer IRA Services?
PMR Bullion does not offer Gold IRA services. Their business is focused exclusively on selling physical bullion (gold, silver, platinum, palladium) to individuals, with products inspected and authenticated before shipping. Their website highlights competitive bullion pricing, fast shipping, and secure transactions, but no mention is made of IRA setup, rollovers, custodians, or depository services.
Gold IRAs require a self-directed retirement account held by an approved custodian, and funds must be stored in an IRS-approved depository. While PMR Bullion can supply the physical metals, they do not facilitate the IRA-specific steps, such as establishing the custodian relationship or arranging storage.
If you’re interested in utilizing precious metals within an IRA, you’ll need to partner with a company that offers IRA administration services which include custodial setup, compliance, and secure vault storage. Companies like Accurate Precious Metals group those services with bullion sales.
Therefore, PMR Bullion is a reputable dealer for purchasing physical precious metals, but is not a Gold IRA provider. To invest in metals within an IRA, you’ll need to work with a specialized provider that handles the custodial, legal, and storage requirements.
What Products Can You Purchase at PMR Bullion?
PMR Bullion offers a wide selection of physical bullion products across precious metals, ideal for investors and collectors. Their inventory includes gold, silver, platinum, palladium, and specialized carded bars, all authenticated in-house and available via their online shop.
Gold Bullion & Coins
PMR stocks dozens of gold products—ranging from 1 oz, ½ oz, ¼ oz, to 1/10 oz national-mint coins like the American Gold Eagle, Buffalo, and Mexican Peso coins, along with bullion bars. These items are frequently featured as their “Hot” selections, ensuring competitive premiums.
Silver Bullion & Rounds
Their silver lineup includes 22+ items, such as 1 oz American Silver Eagles, rounds, and 10 oz bars. These come from recognized mints like the US Mint, the Royal Canadian Mint, Perth, and Pamp Suisse. Premium and IRA‑eligible silver bars (e.g., 10 oz and 100 oz) are available, with many under free shipping promotions.
Platinum & Palladium Products
Although less extensive, PMR carries 2 platinum and 1 palladium offering, typically coins or small bars. These high-purity options are suitable for diversification.
Carded Bars & Specialty Items
The store also features “carded” bars sealed in protective capsules for those seeking preserved-condition pieces, along with certified collectible bullion.
Why Choose PMR’s Inventory?
PMR Bullion emphasizes authenticity and security, inspecting each item before shipping. Orders over $200 ship free (or $499+, depending on metal). Their diverse range from small fractional coins to large bars, caters to beginners and seasoned investors alike.
PMR Bullion is a solid option if you’re looking for authenticated bullion across multiple metals. With broad options, verified quality, and convenient shipping, it’s a reliable source for your physical precious-metal purchases.
PMR Bullion Fees and Pricing:
Competitive Spot-Based Pricing
PMR Bullion lists prices for gold, silver, platinum, and palladium based on live market spot rates. Their current listings show standard bullion coins like the 1 oz American Gold Eagle at around $3,502.92 and the 1 oz American Silver Eagle at $43.36.
2. Free Shipping Threshold
Customers enjoy free standard shipping on orders over $200, making it appealing for both small and large bullion purchases. Orders under $200 may incur shipping charges (though exact fees aren’t specified on their site).
3. No Hidden Fees
PMR emphasizes that its pricing is transparent. They inspect and authenticate every item before shipping to guarantee quality, but do not charge additional “dealer fees”, membership costs, or handling surcharges.
4. Trustpilot Feedback
Customer reviews echo satisfaction with PMR’s pricing model. One review highlights: “Enjoy free shipping on orders over $200 and experience a streamlined purchasing process designed for both new and seasoned investors”.
- Transparent listing: Upfront spot-based prices for bullion
- Free shipping: On U.S. orders above $200
- Fully disclosed pricing: No hidden assessments or fees
- Pre-shipment authentication: Every product is verified
PMR Bullion offers a clear, customer-friendly pricing structure featuring competitive spot pricing, free shipping for orders over $200, and no concealed charges, making it a trustworthy option for purchasing precious metals online.
What Do PMR Bullion Reviews Say?
#1. Our enquiries were answered promptly, and the staff exceeded our expectations in terms of friendliness and assistance.
#2. When you need guidance, Samuel is unquestionably the person you should talk to. He is incredibly proficient in his field and a pleasure to converse with. My sole intention was to obtain an estimate for the value of my silver bars, but I ended up purchasing additional bars.
Are There Any PMR Bullion Lawsuits?
There are no publicly known lawsuits specifically involving PMR Bullion or its operations as a precious metals dealer. PMR appears to operate without any legal entanglements, regulatory actions, or fraud allegations tied to its business practices.
That said, it’s important to note that the precious metals industry at large has seen notable legal actions, such as:
- A major case in April 2024 involving Red Rock Secured, an unrelated California dealer, which resulted in a $56 million fraud settlement under the CFTC related to high-priced coin misrepresentations.
- Historic multi-state lawsuits against other prominent dealers like Metals.com and Merit Gold & Silver for deceptive pricing practices targeting seniors.
These cases highlight the importance of due diligence when choosing a bullion dealer. While PMR Bullion does not appear in any lawsuit databases or regulatory enforcement lists, it’s wise to remain alert and choose transparent, well-reviewed companies.
Thus, PMR Bullion maintains a clean legal record, but investors should always verify authenticity, pricing transparency, and company reputation when purchasing precious metals, especially in an industry that has seen fraud-related cases in other firms.
Can You Trust PMR Bullion? Is PMR Bullion Legit?
Yes, PMR Bullion appears to be a legitimate and trustworthy precious metals dealer. Based in the United States, PMR Bullion offers a range of gold, silver, platinum, and palladium products through its online store, all of which are authenticated before shipment.
The company has received positive customer feedback, particularly on platforms like Trustpilot, where users frequently highlight their professionalism, knowledgeable staff, competitive pricing, and fast, secure service. Reviews also commend the transparency of the buying process and the company’s willingness to educate new investors.
PMR Bullion offers free shipping on orders over $200 and provides clear, upfront pricing based on live market rates, without hidden fees or commissions. Additionally, there are no public records of lawsuits, regulatory violations, or consumer complaints linked to PMR Bullion, which further supports its credibility.
While the company does not offer Gold IRA services, it is a reliable source for physical precious metals purchases. Backed by a solid reputation, verified product handling, and a customer-first approach, PMR Bullion stands out as a dependable option for both novice and experienced buyers seeking to invest in physical bullion. As always, customers are encouraged to conduct their research, but PMR Bullion’s track record suggests they are indeed a legitimate and trustworthy company.
PMR Bullion Review Summary:
PMR Bullion is a reputable online precious metals dealer known for its competitive pricing, authentic product selection, and customer-focused service. Specializing in gold, silver, platinum, and palladium bullion, PMR Bullion offers a wide range of coins, bars, and rounds suitable for both investors and collectors.
The company inspects and verifies each product before shipping, adding an extra layer of trust for buyers. Customers have praised PMR Bullion on platforms like Trustpilot for its transparency, fast shipping, and helpful staff, highlighting a smooth and reliable purchasing experience. The company also offers free shipping on orders over $200 and avoids hidden fees or unnecessary upselling, making its pricing structure simple.
While PMR Bullion does not provide Gold IRA services or custodial storage, it remains a strong choice for those looking to buy physical precious metals for personal investment. Importantly, there are no public records of legal disputes or regulatory violations associated with the business, which reinforces its credibility.
In summary, PMR Bullion delivers a trustworthy and efficient experience backed by positive reviews, clear pricing, and a strong commitment to customer satisfaction, making it a solid option for anyone looking to purchase precious metals online.
