Lear Capital

Lear Capital Reviews

Lear Capital Reviews
4.9(1,303)
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Overall Rating4.9 out of 5
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About Lear Capital

Lear Capital has been involved in the precious metals industry since 1997, and it's now completed more than $3 billion in transactions. It can help you buy, sell and trade bullion, rare coins and physical gold and silver. It also offers a Price Advantage Guarantee for added transparency.

Pros & Cons

Pros

  • In business a relatively long time
  • Transparent pricing
  • Full-service gold dealer
  • 24-hour risk-free purchase guarantee

Cons

  • Website can be hard to navigate
  • Only one depository option

Bottom Line

Lear Capital lets you invest in precious metals through IRAs, bullion or rare coins. IRAs cost a relatively low flat fee, and your IRA investments are secured by Delaware Depository.

Featured Reviews

Verified
Carrabassett Valley, ME

Ordering silver today was an easy process and a positive experience. Although I was unsure of what kind of silver to buy, Brad make me feel like I made the right choice and that i...

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Verified
Algoma, WI

I couldn’t be happier with my experience. Morrey answered all of my questions and explained things thoroughly. He was very professional and personable, and the best part was that ...

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Gold IRA disclaimer

Gold and other precious metal IRAs are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.

About Lear Capital

Lear Capital can help you diversify your investment portfolios with precious metal bullion (coins and bars by weight), numismatic coins and precious metal IRAs. To help you make informed decisions, Lear Capital also provides real-time guidance and access to daily and weekly updates.

How does Lear Capital work?

Establishing a precious metals IRA with Lear Capital is a convenient way to diversify your portfolio. To begin, a dedicated account team member walks you through the application process, which takes about 10 minutes to complete. Once the application is processed and approved, your account is set up within 24 hours.

Lear Capital then reaches out to your current IRA custodian on your behalf to arrange for the tax-free rollover of your funds. The funds are transferred via bank wire and deposited into your new precious metals IRA.

You can then arrange to buy precious metals for your IRA. Lear Capital offers a three-step Price Advantage Guarantee for every transaction, which provides you with a written account agreement, a phone confirmation and a written confirmation. All IRA metals are stored in an IRS-approved vault courtesy of Delaware Depository. The metals are backed with a comprehensive insurance policy from Lloyd’s of London, too.

Lear Capital products and services

Lear Capital offers a variety of products and services, including:

  • Self-directed IRAs: You can transfer funds or roll over portions of an existing IRA into a precious metals IRA. Your physical metals are stored in a private storage facility, but you get the same tax advantages as you would with a normal IRA.
  • Precious metals: You can buy rare coins and gold, silver and platinum bullion (including IRA-eligible products) on Lear Capital’s website. However, its online store is down at the time of publishing.

Lear Capital also has a comprehensive resource library that includes a precious metals encyclopedia, market charts and free guides on precious metals and retirement accounts.

Lear Capital cost

Lear Capital charges a flat $200 annual fee for self-directed IRAs and no other fees. This includes storage, insurance and 24/7 account access online. Pricing for individual gold, silver and platinum products varies over time, so it’s a good idea to check Lear Capital’s website or call to see the latest information.

Lear Capital FAQ

Which coins are IRA-eligible?

A full list of Lear Capital’s IRA-eligible coins can be found on its website. In general, gold bullion must be at least 99.5% pure, silver bullion must be 99.9% pure, and platinum bullion must be 99.95% pure.

How can I track the performance of my Lear Capital portfolio?

With Lear Capital, your IRA custodian, Self Directed IRA Services, Inc., will offer a website with 24/7 access to your portfolio’s performance. Lear Capital also provides quarterly statements that can be mailed directly to your home address.

Where are my metals stored with Lear Capital?

Lear Capital stores client metals with Delaware Depository, which is an IRS-approved depository. The depository also provides a comprehensive insurance policy underwritten by Lloyd’s of London.

Can I make contributions to my Lear Capital account?

Yes, you can set a recurring schedule to have your contributions automatically transferred into your precious metals IRA.

Is Lear Capital legit?

Working with Lear Capital to diversify your investment portfolio can be a smart choice. It offers bullion, numismatic coins and self-directed IRAs, so you have multiple options for investing in precious metals. Lear Capital also provides market data, insights and price notifications to help you protect and grow your investments, and this info is important if you want to be an active investor.

Lear Capital Reviews

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Page 1 Reviews 0 - 5
Verified purchase
Customer ServiceStaffTransparency

Reviewed Oct. 24, 2023

I had been interested in buying silver coins but was not sure where to go. After seeing your ad on Redacted I figured that would be a secure site to check into. I filled out the online info request and received a email back telling me someone would call. Mr. Dmitri ** contacted me. I told him I was on a limited budget and what I wanted. He took time to explain all my options and made it easy for me to understand. I think he was the best Rep I could have got to explain my options. I am very happy with my investment and will do more as soon as I can. Thank you very much from an everyday worker.

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Response from Lear Capital

Robert, thank you for your encouraging words about Dmitri! We are glad his explanations and assistance were helpful and informative, and we are pleased you had a good experience with our business. Thank you for choosing Lear Capital!

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    Verified purchase
    StaffTransparency

    Reviewed June 13, 2023

    As a first time buyer of precious metals, and with so many advertisers out there, selecting Lear Capital became an easy choice after talking with my representative (Todd **). Todd explained everything in simple terms and without any pressure or hype. I placed an order with Lear the following week and followed up with a second order a month later. The email newsletter and information we receive help me and my family with our retirement and savings plans with more confidence and faith knowing we're invested in real currency. We trust Lear Capital completely and we confidently recommend Lear to friends and family with similar interests. Owning real gold and silver provides a genuine feeling of security amid all of the crazy financial news of the day.

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    Response from Lear Capital

    Bob, thank you for taking the time to share your positive experience with us! We are glad that Todd was helpful and informative in your investment process, and we appreciate your encouraging words. Thank you for choosing to partner with Lear Capital!

    Verified purchase
    Customer ServiceStaff

    Reviewed April 7, 2023

    I was looking to buy gold and silver I called three different bullion dealers after speaking with Adam at Lear Capital, I felt very comfortable with Adam. He answered all my questions and concerns about purchasing gold and silver. I informed him that I was looking for gold and silver for investment, and also to barter with, and he made a suggestion to me on what to purchase, I was very happy with his recommendation, and went with it. He kept me informed of all the process when he received my check. When my order was being processed and when it was shipped. He called me a couple days later to make sure I received my order and that everything was as discussed in our original phone conversation. I would recommend Lear Capital to family and friends. Thank you Lear Capital and thank you Adam for your recommendations in my purchase.

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    Response from Lear Capital

    Mark, thank you for sharing such a helpful testimonial of your experience with us. We are happy to hear that Adam provided such personable, knowledgeable and up-to-date communication throughout your investment process. Thank you for choosing Lear Capital!

    Verified purchase
    StaffTransparency

    Reviewed March 23, 2023

    This was my first experience buying gold. Maxwell ** made immediate contact after my inquiry. Being a low income first time investor I was treated with respect in a friendly manner that made the experience pleasant. I was surprised and relieved as I half expected to be treated as a peon poor customer. Contrary! Maxwell's genuine concern and professionalism guided me through the process and followed up politely with my concerns. He explained my options and completed my transaction quickly to my satisfaction. Thank you for honoring the promotion of providing the ounce of silver bonus which was highly attractive for a first time buyer. I hope to do more business with Lear as my financial circumstances change.

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    Response from Lear Capital

    Patricia, thank you for your kind words about Maxwell! We are pleased to hear your experience of receiving personalized, respectful service from our team. Please don't hesitate to reach back out to Maxwell or our customer care team with any future questions: CustomerCare@learcapital.com or 1-800-885-LEAR(5327).

    Verified purchase
    Transparency

    Reviewed Feb. 15, 2023

    I have more than 50 Years experience developing customer and employee relationships. MORREY **'S APPROACH TO NEW CUSTOMERS IS MAGIC. As a novice to precious metals, he walked me through this process step by step answering all my questions and concerns. I'm not only comfortable with the new account, but it feels like I have a new friend and work partner. I will recommend him to all my friends.

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    Response from Lear Capital

    Jeff, thank you for your encouraging words about Morrey! We love hearing your enthusiasm for the communication and care you received from our team, and we appreciate you taking the time to share. Thank you for choosing Lear Capital!

    Verified purchase
    Staff

    Reviewed Nov. 3, 2023

    RAAD AND BROOK and Jason were extremely helpful and kind and patient with me when I did business with them. I am slow and bad with computers and their patience was appreciated. I am not good also in speaking with financial companies. I would recommend Lear to anyone interested. THANKS guys and ladies. Bless you all.

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    Response from Lear Capital

    Debra, thank you for your kind words about our team! We are glad that Raad, Brook and Jason provided helpful assistance for your transaction and personable communication. We appreciate you taking the time to share your positive experience with us. Thank you for choosing Lear Capital.

    Verified purchase
    Staff

    Reviewed Nov. 3, 2023

    Cal ** is truly an EXPERT in his field and brings a wealth of knowledge making me a smart confident buyer of gold and silver. He gives me an accurate understanding of the precious metals market condition and the circumstances surrounding it. Most of all the results in PROFITS speak for themselves. I'm excited for my next purchase! Thank you Lear Capital and thank you Cal.

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    Response from Lear Capital

    Kevin, thank you for your encouraging words about Calvin! We are pleased to hear that he was informative, helpful and professional in your investment process, and we appreciate you taking the time to share. Thank you for choosing Lear Capital!

    Verified purchase
    Customer Service

    Reviewed Nov. 3, 2023

    Excellent service, very prompt, polite and helpful. Always returned my phone calls whenever I had a question. Also, Dmitri was very helpful with when to call and work around my timeline which could be a challenge in itself. Dmitri helped me to decide what I should do and provided a lot of information during this process. Thank you.

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    Response from Lear Capital

    Mark, thank you for your gracious words about Dmitri! We are pleased you received responsive, professional and respectful communication from our team, and we appreciate you taking the time to share. Thank you for choosing Lear Capital.

    Verified purchase
    Staff

    Reviewed Nov. 2, 2023

    I have been very pleased with Lear Capital. They are easy to work with, extremely professional, and execute your requests in a very timely matter. Our transaction was painless, and I received the items I purchased quickly. I couldn't be happier with the service I got with this company. I plan on using Lear Capital for future purchases as well.

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    Response from Lear Capital

    Stephen, thank you for your kind words about our business! We are Ron was helpful and professional in your transaction, and we are pleased that all went smoothly. Big thanks also for for your gracious feedback about the review process! Thank you for choosing to partner with Lear Capital.

    Verified purchase
    Staff

    Reviewed Nov. 2, 2023

    I have always had a positive experience with Lear Capital. I worked with Paul for many years and was happy he retired, but wondered if the personal connection would be the same. Dmitri is just as easy to talk to. He takes his time and answers any questions I have and makes sure what I purchase is right for me. I look forward to working with Dmitri in the future.

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    Response from Lear Capital

    Roberta, thank you for your gracious words about Paul and Dmitri! We are happy to hear you've continued to have positive experiences with our team. We appreciate you continuing to partner with our business and appreciate you taking the time to share about it. Thank you for choosing Lear Capital.

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    Lear Capital Company Information

    Social media:
    Company Name:
    Lear Capital
    Company Type:
    Private
    Year Founded:
    1997
    Address:
    1990 S. Bundy
    City:
    Los Angeles
    State/Province:
    CA
    Postal Code:
    90025
    Country:
    United States
    Website:
    www.learcapital.com