Sell Precious Metals

Initiate the sale with a dealer before filling out a Sell Direction Letter.

If you’re ready to sell the precious metals held in your self-directed IRA (SDIRA), the process is simple and involves just two key steps. This guide walks you through how to initiate and complete a precious metals sale with The Entrust Group.

Step 1: Contact a Precious Metals Dealer

To begin, reach out to a U.S.-based precious metals dealer of your choice and request an invoice or quote for the metals you’d like to sell. Many clients choose to work with the same dealer they originally purchased the metals from, but you are free to shop around.

Step 2: Complete the Sell Direction Letter

You’ll need to submit a Precious Metals Sell Direction Letter to initiate the transaction. Follow the steps below:

1. Fill Out the Form: Download the Precious Metals Sell Direction Letter and complete all required sections:
   1. 1. Section 1: Enter your name, Entrust account number, account type, email, and phone number.
      2. Section 2: Provide the name, address, and contact info of the precious metals dealer. If you’re unsure, call the dealer for this information.
      3. Section 3: Indicate which metals you’re selling, quantities, and a total sale price. Add delivery instructions (i.e., where the metals should be shipped). Confirm with the dealer if needed.
      4. Section 4: Specify where the metals are currently held.
      5. Section 5: Indicate how you want Entrust to send the funds to the dealer (e.g., wire, check). Contact the dealer if you’re not sure.
      6. Section 6: Choose how to pay any associated fees.
      7. Section 7: If you’d like to add a new payment method, fill it out here.
      8. Section 8: Sign and date the form.
         
         
         
2. Submit the Form: You have two options for submitting your completed form:
   1. 1. Wet Ink Signature: Print, sign, and scan the form. Email to: preciousmetals@theentrustgroup.com or fax/mail it to the contact info listed on the form.
      2. Electronic Signature: You may sign electronically using one of the approved platforms (include the Certificate of Completion, a one-page document automatically generated by these platforms):
         1. 1. DocuSign
            2. Dropbox Sign
            3. HelloSign
            4. DotLoop
            5. Authentisign
            6. SignNow
               
               

Once Entrust receives your completed form and supporting documentation, we’ll begin the review and processing of your precious metals sale.

By following these steps, you can successfully sell your precious metals held in your Entrust SDIRA.