What is Dillon Gage?
Dillon Gage is a company specializing in the wholesale trading of precious metals, headquartered in Addison, Texas, with an address at 15301 N. Dallas Pkwy, Ste. 200, Addison, TX 75001, and can be reached at 800-375-4243.
Established in 1976, Dillon Gage offers a wide range of gold, silver, platinum, and palladium products to its clientele, catering to both individual collectors and institutional buyers. Their product catalog includes items suitable for Individual Retirement Accounts (IRAs), as well as non-IRA collectible pieces.
One of Dillon Gage’s notable contributions to the industry is the development of FizTrade, an innovative online platform designed for trading physical precious metals.
FizTrade enables dealers to conveniently access trading facilities through mobile devices, facilitating the buying and selling of various precious metal products, while also providing tools for managing customer orders and packages.
Another significant aspect of Dillon Gage’s operations is the Dillon Gage Refinery, located in Dallas, Texas. This facility offers customers the opportunity to convert scrap precious metals into cash. Additionally, Dillon Gage provides stone removal services, enhancing the range of services available to its customers.
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You can also avail precious metals depository services through their three locations in Dallas, New Castle and Toronto.
People Behind Dillon Gage
Dillon Gage does not publicly provide detailed information about its leadership team on its website, which some consumers may find lacking in transparency. This could be an area for improvement, as transparency about company leadership is a factor valued by certain customers.
There are plenty of firms which prefer to remain 100% transparent in this regard. For example, iTrustCapital and Bitcoin IRA openly share their leadership details on their website and profiles.
Can You Invest in a Gold IRA with a Dillon Gage IRA?
The answer is complicated. Dillon Gage IRA primarily provides services to dealers, institutions and corporate investors. There is no mention of IRA services for individual investors on their website.
So, while they help companies offer IRA services to customers, they don’t offer this facility directly to customers.
To serve their customers, the company has partnered with multiple prominent IRA custodians, including some industry-leading names:
- CamaPlan
- GoldStar Trust
- New Direction Trust Company
- Equity Trust Company
If you’re looking to use your IRA funds to invest in precious metals, you should look for a firm experienced in helping individual clients achieve their investment goals. Some popular choices for gold IRA investors are Birch Gold Group, Augusta Precious Metals and Noble Gold Investments.
Dillon Gage Products
Although their services are not available for individual investors, they do provide their clients with a vast selection of gold, silver, platinum, palladium and copper products.
Here is a more detailed overview of their product selection:
Gold Products:
Their product selection includes many popular IRA-eligible names as well as non-IRA coins:
- American Gold Eagle
- Austrian Gold Philharmonic
- American Gold Buffalo
- Canadian Gold Maple Leaf
- Chinese Gold Panda
- British Gold Sovereign
- Gold Black Bull of Clarence
- Gold Britannia
- Gold Yale of Beaufort
- White Greyhound of Richmond (Gold)
- Perth Lunar
You would also find old-world gold coins in their product catalog including old Mexican Pesos and Russian Ruble.
Silver Products:
Their silver collection is just as impressive as their gold catalog. Some of the prominent names of this selection are:
- Canadian Silver Maple Leaf
- American Silver Eagle
- Austrian Silver Philharmonic
- 2018 Lunar Privy
- Silver RCM Predator Series Coins
- 30th Anniversary Silver Maple Leaf
- Silver Valiant
- Silver Unicorn of Scotland
- Black Bull of Clarence
- Silver Yale of Beaufort
Platinum Products:
The precious metals firm offers a vast selection of platinum bullion and numismatics to customers:
- Platinum Britannia
- Canadian Platinum Maple Leaf
- Austrian Platinum Philharmonic
- American Platinum Eagle
- Kookaburra Platinum 2022
- Platinum Kangaroo
- Queen’s Beast – Platinum Falcon
- Red Dragon of Wales – Platinum
Palladium Products:
They offer the following palladium bullion to customers:
- Palladium Bars
- American Palladium Eagle
- Canadian Palladium Maple Leaf
Dillon Gage Bracelet:
A highly popular and one of their most recognizable products is the “Dillon Gage Bracelet”. According to the company, it is a highly-portable store of wealth.
The bracelet is made of 24-karat gold and comes with a lifetime ‘renewal’ guarantee. This means the company will reshape and refinish the product for its life to restore its style and magnificence.
It comes in two styles – hammered or smooth and comes in a tamper-evident package for security.
Dillon Gage Fees and Pricing
Dillon Gage primarily caters to B2B clients, dealers, and institutions. They do not offer IRA services directly to individual investors, which limits their appeal to the broader market of individual precious metals investors.
Furthermore, it doesn’t mention any fees or costs associated with its services on its website.
To learn about the fees and charges of their storage or trading services, you would need to get in touch with them.
Additional Highlights of Dillon Gage
Apart from being one of the oldest and largest precious metals firms, there are plenty of qualities that make this company stand out in the market:
Insured Storage (International Depository Services)
Dillon Gage has a dedicated subsidiary to offer precious metals depository services to customers. They run International Depository Services (IDS), a popular storage provider in the precious metals sector.
IDS has two locations in the US and one in Canada:
- Dallas, Texas
- New Castle, Delaware
- Toronto, Ontario
All three locations offer customers custody and logistics services. Some of the features of International Depository Services, according to the company are:
- Segregated storage
- Insurance coverage provided by Lloyd’s of London
- Complete privacy and confidentiality protection
- “Dual control” measures (full monthly and daily audits done both externally and internally)
- Class 3 vaults
- Multi-tier security systems with off-site security experts
Moreover, IDS Delaware has received approvals from CME and ICE to act as a depository for gold, silver platinum and palladium. Similarly, IDS Delaware and IDS Canada are LBMA associates which ensures they meet the industry’s security and compliance demands.
IDS Canada is IIROC approved as well.
International Depository Services serves individual investors, corporate investors as well as IRA providers and bullion dealers.
Unique Trading Facility (FizTrade)
Like International Depository Services, FizTrade is another service of Dillon Gage focused on corporate and institutional clients. If you’re an individual IRA investor, you wouldn’t find many uses for this platform.
FizTrade allows dealers and institutions to trade physical precious metals online. The unique trading platform allows its users to manage customers’ shipping and track packages.
Moreover, it reduces their shipping and fulfilment costs.
Through IRAConnect.com, FizTrade clients can offer the facility of self-directed IRA investing to customers as well.
Dillon Gage Refinery
Another major component of the firm is the Dillon Gage Refinery. The company offers stone removal and has diamond buyers to give you quotes on your stones.
Their 45+ years of experience have helped them develop a team of metallurgy experts who can help you get precious metals refining settlements for gold and silver within 24 hours.
The company performs all the processes at their Dallas facility.
Dillon Gage Refinery has an online melt calculator to help you estimate your melt value. It has a transparent fee schedule and you can pay in bullion bars and coins as well.
You can read their refining fee schedule here:
Through the FizRefinery portal, you can get real-time tracking and settlement of your refining lot.
For those looking for precious metals refining, Dillon Gage Refinery might be the perfect place to start.
Knowledge Center
Dillon Gage has a Knowledge Center on their website where they ad industry insights and blog posts about recent industry trends. If you like keeping up with precious metals and their prices, their blog might be a suitable resource for you.
At the time of writing this Dillon Gage, some of the blog posts available on their Knowledge Center are:
- Gold Steady Despite Profit-Taking
- Gold Ticks Up as Dollar Eases
- 2022 YTD American Eagle Sales
Client education is a big part of precious metals dealing and their blog shows that the company takes this aspect of the business very seriously.
Dillon Gage Reviews and Complaints
Despite being in the industry for over 45 years, Dillon Gage has very few customer reviews available online.
he scarcity of customer feedback might make potential clients hesitant, as they rely on reviews to assess a company’s reputation and reliability.
Their BBB profile has an A+ rating but lacks any reviews. However, it’s commendable that the company hasn’t received any customer complaints there.
Business Consumer Alliance has given the company a ‘B’ rating. Again, there are no reviews on the firm.
However, for those interested in Dillon Gage’s careers and jobs, there are a handful of reviews to go by.
Their Indeed page has 3 Dillon Gage reviews and an aggregate rating of 2.7 out of 5 stars.
Similarly, their Glassdoor page has an aggregate rating of 2.3 out of 5 stars based on 5 reviews.
Employee reviews on platforms like Indeed and Glassdoor indicate below-average ratings for Dillon Gage, suggesting potential issues with management styles and company culture.
Is Dillon Gage Legit? Should You Invest with Them?
Yes, Dillon Gage is a legitimate precious metals company. They have been in the industry for more than 45 years and specialize in providing institutional clients and dealers with B2B services.
Pros:
- Over 45 years of experience
- Unique online trading facility
- Secure storage in multiple countries
Cons:
- No services available for individual investors
- Lack of transparency
The company has multiple divisions, each specializing in a specific aspect of precious metals investing. Their divisions include International Depository Services, Dillon Gage Refinery and FizTrade.
They offer clients online precious metals trading through FizTrade and highly secure storage through IDS.
However, the company doesn’t provide any IRA services to individual investors, which can be a major disappointment. Furthermore, they haven’t received many reviews online despite being in the industry for more than four decades.
Dillon Gage might be suitable for a precious metals dealer but they are not fit for you. The company doesn’t provide any services to individual IRA investors.
I know that finding a reliable gold IRA company can seem stressful. That’s why I have created my ultimate list of the top gold IRA companies of 2023. It would help you find out who the best IRA providers are and what you can expect.
Have you dealt with Dillon Gage? Share your experience in the comments!