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Find a Location

Midas Gold Group has 2 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

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    Business ProfileforMidas Gold Group

    Gold Buyers
    HeadquartersMulti Location Business
    BBB accredited business
    The Complaints and Reviews shown on this HQ profile may have been submitted against either the HQ itself or one of the corporate-owned locations found under "Find Locations".

    At-a-glance

    Customer Reviews

    4/5stars

    Average of 8 Customer Reviews

    Customer Complaints

    2 complaints closed in last 3 years

    1 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 12/18/2018

    Years in Business: 13

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Overview

    This business offers gold and precious metals investments and services as well as brokerage service including buying and selling gold & silver and precious metals IRAs.

    Business Details

    This is a multi-location business.

    Find a Location

    Midas Gold Group has 2 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      Headquarters
      625 W Deer Valley Rd Ste 109, Phoenix, AZ 85027-2140
      BBB File Opened:
      12/17/2018
      Years in Business:
      13
      Business Started:
      7/15/2010
      Business Incorporated:
      7/15/2010
      Accredited Since:
      12/18/2018
      Type of Entity:
      Limited Liability Company (LLC)
      Alternate Business Name
      • Midas Gold Group LLC
      Business Management
      • Mr. James D Clark, Senior Vice President
      • Mr. Gabor Panczel, Senior Vice President
      • Mr. Kenneth Russo, Vice President
      Contact Information

      Principal

      • Mr. James D Clark, Senior Vice President
      • Mr. Gabor Panczel, Senior Vice President
      • Mr. Kenneth Russo, Vice President

      Customer Contact

      • Mr. James D Clark, Senior Vice President
      Additional Contact Information

      Fax Numbers

      • (480) 725-0530
        Primary Fax

      Email Addresses

      Industry Tip

      BBB Tip: Selling your gold pieces

      Customer Complaints

      2 Customer Complaints

      Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

      File a Complaint

      Most Recent Customer Complaint

      05/21/2023

      Complaint Type:
      Product Issues
      Status:
      Answered
      On April 2, 2023, I sold/moved $386,200.00 in American Eagles Gold, Platinum and Silver metals from my Fidelity IRA account and rolled this over to Midas Gold Group. On April 4, 2023, Midas Gold Group sold me Perth Gold and Silver over market value $2400.00 per ounce of Gold bars, and $36.30 per ounce of Perth Silver. This transaction was not transparent and the metals purchased are far less value than what I had before. I asked for an Invoice on the day of this transaction but did not receive it until the next day. I lost over $60,000.00 of my IRA retirement, I have the same amount of gold and silver but no platinum. Midas added the price of the platinum to the overall cost of the total metal purchase. May 1, I called Midas and requested to cancel this order due to the fact that my account is still not funded. May 2, I received an email from the agent, he stated that there is no canceling. I wanted to cancel due to lack of transparency and timely deposit or funding in my IRA account. On May 18, 2023, I tried contacting Midas. I still have not received a return call as of Friday May 19, 2023, I sent an email on Thursday as well, May 18, 2023 requesting a date as to when my account will be funded. I also requested a market value that Midas would calculate the metal purchased. As of Friday May 19, 2023, my account still does not reflect funding is still stating "Unsettled Metals Purchase". I have no idea when my account will be funded. I have no idea how much my IRA retirement account is worth. I have no idea at what the fair market value my account is worth. I feel Midas is taken advantage of a retired elderly person and I don't know if this was legal. I want to cancel this IRA metal account with Midas Gold Group and receive a refund. Midas has not acted in good faith or in a timely business manner. Midas has not been transparent with any requests or looked out in the best interest of this customer. I hope my experience helps future customers ask more questions.
      Read More

      Customer Reviews

      8 Customer Reviews

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      How BBB Processes Complaints and Reviews

      Start a Review

      Most Recent Customer Review

      Cindy N

      5 stars

      10/13/2023

      We have had a great experience at Midas Gold Group this past year! We worked with *** in ************* and ******* in *******. They were both excellent to work with. They were very knowledgeable, kind and patient with all our questions. They have great customer service and we would highly recommend them to anyone in search of precious metals.

      Local BBB

      Better Business Bureau Serving the Pacific Southwest

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