Beverly Hills Precious Metals Review: Is It Legit?

By Yusuke Kohara, Independent Researcher & Writer on Retirement Savings and Precious Metals at ResourcefulSelling

HOW WE ANALYZE

Affiliate Disclosure: The owners of this website may be paid to recommend Goldco Direct. The content on this website, including any positive reviews of Goldco Direct and other reviews, may not be neutral or independent.

Beverly Hills Precious Metals Exchange, Inc. (BHPM) is a California dealer incorporated November 15, 2010, and founded by Andrew Sorchini. The “30-year history” on its website refers to Sorchini’s personal industry tenure, not the company’s age. That distinction matters, and most reviews miss it.

Operating from Santa Monica Boulevard in Beverly Hills, the firm sells physical gold, silver, platinum, and palladium through one-on-one phone consultations. No ETFs. No leveraged accounts. Its visibility comes almost entirely from endorsements aimed at a conservative, faith-oriented audience, with wealth protection from inflation as the central pitch.

Sixty seconds. That’s all we’re asking.

That safe in your closet isn’t the only home for your metals. Put gold inside a retirement account and it can grow tax-deferred, protecting your savings in a way a straight cash purchase can’t. This arrangement is called a Gold IRA.

We did the homework and ranked five firms we’d hand our own family’s money to. Did Beverly Hills Precious Metals crack the top five? Let’s just say the results raised eyebrows.

Or go straight to the free kit from the company that took our number one spot. No pressure, just answers.

Or keep scrolling, the full story sits below.

Better Business Bureau (BBB)

4/5

1

1 complaint in the last 3 years

TrustLink

1/5

3

N/A

Google

4/5

78

N/A

Fees & Pricing

2.5/5

Customer Service

4/5

Reputation & Trust

3/5

Buyback Program

3/5

Pros & Cons of Beverly Hills Precious Metals


Pros

15+ years incorporated

Founder-led, publicly visible

Patient phone consultations

Insured, signature-required delivery

Buyback accepts outside metals

Disclosed storage fee (0.75%/yr)

Cons

Zero published prices

All 1-star BBB reviews

Numismatic-heavy catalog

Phone-only ordering

Three conflicting price-lock windows

Our Verdict

BHPM earns a 3.0/5 overall on our 0.5-step matrix: Fees & Pricing 2.5, Customer Service 4.0, Reputation & Trust 3.0, Buyback 3.0. The 4.0 service score reflects Google’s 4/5 average across 78 reviews, the largest sample available. The 2.5 pricing score reflects a verified 33% undisclosed-premium complaint and zero published prices anywhere.

Best fit: first-time buyers who want long, guided phone conversations, stick to standard bullion, and demand written quotes before funding. Wrong fit: comparison shoppers, self-service buyers, and anyone wanting in-house IRA administration.

Before wiring anything, stack this dealer against the most recommended gold IRA companies and see how the numbers hold up.

Our label: Recommended Only for Disciplined Bullion Buyers Who Get Every Number in Writing.

What Is Beverly Hills Precious Metals?

Image by BHPM

Here’s how a transaction actually works, since the website won’t sell you anything directly. There is no e-commerce checkout and no online catalog pricing.

You call (866) 346-5325, and an Account Executive, who the site explicitly states is not a financial advisor, builds a portfolio with you by phone. A Trade Confirmation Number locks your price. Payment arrives by wire, check, direct deposit, or IRA transfer, and metals ship insured within 3-15 days or go straight to a depository.

BHPM is the dealer only. IRAs run through third-party custodians (GoldStar Trust reported; Equity Trust named in one BBB review) and IRS-approved depositories. Buyback and storage services round out the lifecycle, all by phone.

Who Owns Beverly Hills Precious Metals? Meet Andrew Sorchini

Image by BHPM

Andrew Sorchini’s story starts more than 30 years ago at his first job in Los Angeles, where he entered the gold and silver trade.

He opened BHPM in 2010 “to bring precious metals to the homes of Americans,” wrote the free book Going For Gold, and became a regular at the Reawaken America Tour plus a guest on the ThriveTime Show, The Mel K Show, His Glory, and Ark of Grace.

Credit where it’s due: a named, publicly visible founder beats the anonymous shell operations common in this industry. You know exactly who stands behind the company.

The balance: no team page exists on the site, and TrustLink lists just two other contacts, Annie Yang and Robert Sorcini III. And let’s correct the record most reviews keep botching. Some cite a 2003 founding. California incorporation records say November 15, 2010. The “30 years” is Sorchini’s résumé, not the company’s.

The Celebrity Endorsement Network And What It Really Means

Image by BHPM

The roster is long: General Michael Flynn, Clay Clark, Mel K, Peter Navarro, Roseanne Barr, Kash Patel, Tom Renz, ElijahStreams, and an exclusive Patriot.TV sponsorship brokered by Flynn in October 2024.

Now the part no affiliate review will tell you. Every negative BBB review cites discovering BHPM through a trusted Christian or patriot media figure. That endorsement-driven trust is the exact vector that made those buyers skip hard pricing questions.

An endorsement is marketing. It is never due diligence. Treat it that way.

Beverly Hills Precious Metals Products: What They Actually Sell

Image by BHPM

The published catalog holds 17 products. Nine gold: the $5, $10, and $20 U.S. Liberties, the $20 Saint Gaudens, French 20 Franc Angel, Napoleon, and Rooster, the Swiss 20 Franc, and a .50 oz Reawaken America coin.

Eight silver: Morgan and Peace dollars, 90% Kennedy halves, the Britannia, Kangaroo, and Philharmonic, a General Flynn 2 oz coin, and a Saving Grace Cyrus coin.

The company sorts everything into three buckets: bullion, numismatic, and proof. Here’s the catch. Product pages show no prices, no purity, no weight, no mint data. The Flynn coin’s “description” is a Flynn biography with a consultation button.

The Catalog Contradiction No Other Review Mentions

This is our signature finding. Nearly the entire featured catalog fails BHPM’s own published IRA purity rules. Pre-1933 U.S. gold runs 90% pure. The francs, junk silver, and branded coins all fall short too.

Meanwhile, the IRA-eligible products the company itself lists as acceptable (American Eagles, Maple Leafs, accredited bars) are absent from the pictured catalog. What you see marketed and what belongs in a retirement account are two different inventories. Ask your rep which one they’re quoting. In writing.

Beverly Hills Precious Metals Fees and Pricing: The Full Breakdown

Here’s every verified number. A flat express shipping and insurance fee (amount unpublished). Storage at 0.75% of ask value per year or $15 minimum, billed semi-annually at 0.375%/$7.50. Wire fees sometimes waived on qualifying orders.

No sales tax outside California, or on CA bullion buys over $2,500. No published minimum, with a practical IRA floor near $10,000 per industry reports.

Budget for custodian costs on top: typically $50-$300 setup, $75-$300 annual administration, and $100-$300 storage.

Now the insider detail almost every review gets wrong. The FAQ says there’s a flat shipping fee and “no other fees,” and technically that’s true. The premium isn’t a fee. It hides inside the quoted coin price, invisible without checking that quote against live spot yourself. Buyers can pay 25-33% over melt and still receive an invoice with zero line items.

One more: an A+ BBB grade without accreditation carries no obligation to answer complaints. The burden of verification sits on your phone call, not their paperwork.

The Premium Problem: Verified Markup Complaints

The most expensive mistake in the record wasn’t a scam. It was a skipped question. One BBB reviewer put $40,000 into silver on the strength of two endorsements from people he trusted. He never asked for the premium over spot in writing.

The undisclosed premiums totaled $13,114, roughly 33% of his money gone before silver moved a penny. What’s worse? At the price he paid, he could have owned 553 additional ounces of the same metal.

The pattern repeats: a resolved 2024 complaint about a withheld fee-breakdown statement, and reviewer reports of steering buyers away from bullion and into numismatics. A written quote against live spot is protection. Get one every time.

Three Price-Lock Windows, One Website

BHPM’s own pages disagree with each other. The FAQ gives a 48-hour funding grace period. The buying guide says the Trade Confirmation Number locks prices for 72 hours. The payment page promises three business days.

That’s three different windows for the same transaction. Get your specific lock window written on the trade ticket.

Your Nest Egg Wasn’t Built for an Era Like This

The savings you spent decades building deserve more than paper assets and dollar exposure. A Gold IRA puts physical metal behind your retirement and keeps the same tax treatment you already know. Click your state to get started.

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How to Buy From Beverly Hills Precious Metals (Step by Step)

Image by BHPM

The process runs three steps.

  • Step one: the consultation call.
  • Step two: confirm purchases by phone and receive your Trade Confirmation Number.
  • Step three: choose delivery or storage and arrange payment.

Payment rules matter here. Bank wire is preferred and mandatory at $25,000+. Direct deposit works. Certified checks take about seven days to clear. Personal checks face 5-14+ day holds, U.S. banks only, with address verification. Not accepted: cash, foreign checks, money orders, or debit cards.

Shipping is insured, tracked, and signature-required, arriving in 3-15 days after full funding. The friction point? Check payments can stall shipment two weeks or more. Wire is the practical default.

Opening a Precious Metals IRA Through BHPM

Image by BHPM

Let’s be plain: BHPM is not a custodian. Your account lives with a third party, metals ship to an IRS-approved depository, and you sign paperwork with three parties: dealer, custodian, and depository. One verified review documented a setup stretching roughly two months.

Eligible metals per BHPM’s own page: gold at .995+ fineness (Krugerrands and pre-1933 coins excluded), silver at .999+, platinum and palladium at .9995+.

One money-saver worth asking about: backdated Silver Eagles qualify for IRAs at lower cost than current-year issues.

Beverly Hills Precious Metals Buyback Program

The program runs four steps: consultation call, quote, ship your metals, receive payment. An under-reported plus: it reportedly accepts metals purchased elsewhere.

The counter-evidence deserves equal space. Verified reviews describe below-spot offers after disputes, a roughly $200 round-trip spread per unit in one account, and a liquidation that dragged two months and required 38 communications.

After twenty years covering financial companies, my advice for phone-only dealers fits on an index card.

Before wiring a dollar, get three numbers in writing: the exact premium over spot for each coin, whether that coin is classified as bullion or numismatic, and the same-day buyback bid on the identical coin. That third number is the one salespeople hate.

The gap between what you pay and what they’d pay you back reveals the true round-trip cost. If a rep hesitates on any of the three, you have your answer.

Storage and Delivery: Where Your Metals Actually Go

You have two paths. Home delivery arrives insured in anonymous packaging with a required signature. Or third-party depository storage at 0.75% per year with bi-annual statements, plus conversion and delivery fees if you later take possession.

Know the difference between storage types. Segregated storage keeps your exact coins in your own bin. Commingled pools identical metals together, and you get back equivalent pieces, not your originals. Most retirement buyers accept commingled for the lower cost; collectors should insist on segregated.

One gap: the site never names its depository partner. Add that to your call list.

Beverly Hills Precious Metals Reviews and Complaints: What Customers Say

When I fact-checked this company, I went straight to primary sources instead of trusting the review sites ranking on page one. What I found stunned me. Four separate “review” sites reported BBB ratings of 3/5 or 3.5/5 stars. The live BBB profile showed 1 out of 5 stars across four customer reviews, every single one a 1-star.

Here’s why that happens. The BBB quietly removes customer reviews after three years, and most affiliate reviewers never re-check. They copy old data, slap a fresh year on the headline, and collect commissions.

The verified July 2026 scoreboard: BBB 1/5 from 4 reviews, one complaint in three years (resolved), an A+ letter grade without accreditation. TrustLink shows one cautionary review. Google shows 4/5 from 78 reviews, up from 13 in about 18 months.

Praise themes: patient education, fast insured delivery, one dedicated rep. Complaint themes: undisclosed premiums, buyback spreads, unresponsive follow-up.

The Four BBB Reviews, Summarized Fairly

Image by BBB

January 2026 (Hammer O): Spent ~$10K on Morgan dollars and reported steep premiums on coins below 99% purity, with no education on junk silver versus bullion.

January 2026 (Pete T): The $13,114 undisclosed-premium case on a $40,000 silver purchase detailed above.

April 2025 (Luke R): Alleged the company resisted straight bullion sales and pushed rare coins instead.

September 2023 (Pam M): Reported buying about $100 over value, a buyback bid $100 under, and a two-month liquidation delay involving custodian fees.

The lone formal complaint, filed June 2024 over a withheld fee statement, closed as resolved after the company pointed to its pre-payment invoice and called the customer.

Is Beverly Hills Precious Metals Right for You?

Meet two buyers. The Guided First-Timer values a real human on the phone, buys plain bullion, and gets every quote in writing before funding. Decent fit. The Comparison Shopper wants published prices, online checkout, and reviews at scale. Wrong fit entirely.

Still weighing it? The FAQs below answer the questions readers send us most, and our contact form is open if yours isn’t covered.

FAQ About Beverly Hills Precious Metals

No. Everything from your first quote to a buyback happens by phone and mail, weekdays 8am-5pm Pacific at (866) 346-5325.

One 2026 check identified Suite 811 as a private mailbox, and no showroom or walk-in counter appears in any company materials. The glamorous address doesn’t come with a storefront.

No. BHPM is a private California corporation with no shares to buy.

The confusion traces to an October 2024 press release naming BHPM the exclusive metals sponsor of Patriot.TV, owned by OTC penny stock CBMJ, in a deal brokered by General Flynn, a CBMJ board member.

The ticker belongs to the media partner, never the metals dealer.

No. BHPM’s own pages state the pictured item is “only a representation” of what ships to you. That stings more here than at typical dealers, since pre-1933 coins swing in value based on year, mint mark, and condition.

Get the specific date range and condition confirmed on your trade ticket before funding.

No, at least none that the company publishes. Product pages carry no PCGS or NGC certifications, no grades, and no purity or weight specs, and the Flynn coin’s page reads as a biography rather than coin data.

One January 2026 BBB reviewer went further, alleging his silver coins fell below 99% purity. Request certification numbers in writing for anything sold as rare or collectible.

No. IRS rules demand metals from a national mint or accredited manufacturer meeting strict purity floors, and BHPM’s own eligibility page lists neither private-issue branded coin.

Resale depends on a niche fan base rather than an established coin market. Keep both pieces out of your retirement account.

Yes, with a catch. The download sits behind a form requiring your name, email, and phone number, plus a checkbox agreeing to recurring texts and an optional consultation request.

It’s a lead magnet, so expect a sales call. The education has real value; the follow-up call is the price of admission.

The content on this website is intended for general educational and informational use only. Because every reader’s financial circumstances differ, the products or services we review may not be suitable for your particular situation. We are not a financial, investment, tax, advisory, or brokerage service, and nothing here should be read as a recommendation to buy or sell any specific product or security. Details and pricing can change after publication, and past performance is not indicative of future results.

We work to keep all content accurate as of its publication date, although offers referenced may no longer be available. Any opinions belong solely to the author and have not been supplied, reviewed, or endorsed by our partners. For more about how we operate, see our editorial standards.

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