Texas Precious Metals. LLC

What Texas Precious Metals. LLC does

Texas Precious Metals LLC is a vertically integrated precious-metals dealer and storage operator founded in 2011 and headquartered in Shiner, Texas. The company operates texmetals.com, a direct-to-consumer e-commerce platform selling gold, silver, and platinum coins, bars, and rounds to individual investors, collectors, and self-directed IRA holders, and processes over $2 billion in annual transaction volume through low-margin spreads over spot price. Its wholly owned Texas Precious Metals Depository is a 71,000-square-foot high-security facility in Shiner with Class 2 and Class 3 equivalent vaults, Lloyd's of London insurance, and SOC 3 security certification, offering segregated storage to individual and IRA customers; satellite depositories in Lucerne, Switzerland and the Cayman Islands are planned.

The firm generates revenue across four streams: retail e-commerce precious-metals sales, IRA rollover storage through approved custodians (Goldstar Trust, Digital Trust, Strata Trust, Horizon Trust), managed custody services for the Y'all Street Physical Gold ETF (YSAU), Y'all Street Physical Silver ETF (YSAG), and Teucrium TPMT physical gold ETF, and recurring depository storage fees. Proprietary and licensed sub-brands — Texas Silver and Gold Rounds, Texas A&M, Pro Rodeo, UFC, Dale Brisby's Rodeo Time, Josie Conner, Royal Mint products, and Goldback 24K banknotes — extend the catalog beyond generic bullion. The Guinness World Record-holding 2,500 troy-ounce World's Heaviest Silver Coin was manufactured with Sunshine Minting in 2026.

Operations support four offices in the United States (Shiner HQ, College Station digital operations, Dallas capital markets) and one international vaulting location, with headcount of 77 employees scaled from 10 during the 2023 precious-metals super cycle. CEO Tarek Saab co-founded the company; John Cathey will become President effective January 1, 2027 to oversee e-commerce, wholesale, and depository divisions while Saab focuses on capital markets and long-term strategy.

Name

Texas Precious Metals. LLC

Legal name

Texas Precious Metals LLC

Website

https://texmetals.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

Texas Precious Metals LLC is a vertically integrated Texas-based e-commerce dealer and custodian of gold, silver, and platinum coins and bars, operating a 71,000-square-foot Lloyd's-insured depository in Shiner, IRA rollover partnerships with four custodians, and Nasdaq ETF custody for Y'all Street and Teucrium bullion products, serving retail investors and collectors worldwide.

Ownership category

akta.pro rank

Product category

Precious Metals Retail and Vaulting

NAICS

Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (423940), Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (42394), Jewelry Retailers (458310)

SIC

Wholesale-Jewelry, Watches, Precious Stones & Metals (5094), Jewelry, Precious Metal (3911)

akta.pro primary industry

Precious Metals Trading, Marketing & Distribution (IMAKAEAH)

akta.pro secondary industries

Precious Metals Minting & Bullion Products (IMAKAEAJ), Precious Metal Jewelry (Gold/Platinum/Silver) (CRAKAAAD)

Keywords

• Precious metals dealer
• Gold bullion sales
• Silver coins rounds
• Self-directed IRA metals
• Secure bullion depository

Headquarters

HQ city

Shiner

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Retail Precious Metals Sales: E-commerce sales of gold, silver, platinum coins, bars, and rounds to individual investors and collectors. Processes over $2 billion in annual transactions. Revenue generated through markups over spot prices (low premiums) and product margins.
2. IRA Custodian Services: Provides storage services for self-directed IRA precious metals holdings. Partners with approved custodians for IRA rollovers and storage solutions.
3. ETF Custody Services: Sole custodian for Y'all Street Physical Gold ETF (YSAU) and Y'all Street Physical Silver ETF (YSAG), holding 100% of fund assets in Texas vault. Also custodian for Teucrium TPMT fund.
4. Depository Storage Fees: Long-term storage solutions at Texas Precious Metals Depository for individual and IRA customers with Lloyd's of London insurance coverage.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels9 records

Core offering

Texas Precious Metals LLC operates a vertically integrated online precious metals business that sells physical gold, silver, and platinum bullion — including coins, bars, rounds, and proprietary Texas Mint products — directly to individual investors, collectors, and self-directed IRA holders. The company pairs this retail channel with a 71,000 sq ft private, SOC 3 Type 2 audited depository in Shiner, Texas, offering insured storage, IRA-eligible metals placement, and worldwide storage partner access.

Product overview

Texas Precious Metals operates as a vertically-integrated precious metals dealer with three interconnected core offerings: an e-commerce retail platform (texmetals.com) for gold, silver, and platinum coins/bars; a proprietary Texas Mint brand of silver and gold rounds featuring Texas themes; and a high-security Texas Depository for storage. The company has expanded into financial products with Y'all Street Physical Gold and Silver ETFs (YSAU/YSAG) traded on Nasdaq, making it the first ETF custodian to hold 100% of bullion domestically. The portfolio includes licensed collections (UFC, Pro Rodeo, Texas A&M), the Guinness World Record-holding World's Heaviest Silver Coin, and Goldback spendable gold notes. IRA rollover services connect with custodian partners (Goldstar Trust, Digital Trust, Strata, Horizon) while international storage expansion targets Switzerland and Cayman Islands.

Differentiator

Problem solved

Functional benefit

Brands

• Goldback: A form of spendable, physical gold in banknote-style bills made with 24-karat gold protected by polymer, available in fractional denominations for everyday use
• Y'all Street ETFs
• Pro Rodeo Collection
• UFC Collection
• Texas A&M Collection
• Texas Silver/Gold Rounds
• Rodeo Time Collection
• Royal Mint Products

Products and services

• Gold Bullion (coins, bars, and rounds)

Quantifiable outcome

• $2 billion+ annual transaction volume processed
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core, flagship and minor.

• Teucrium Asset ManagementcoreStrategic or Co-development Partner · 17 July 2026Texas Precious Metals serves as custodian for Teucrium Y'all Street Physical Gold ETF (TPMT) holding .995+ fine gold bars from LBMA Good Delivery List members in a segregated account. The fund charges 0.24% annual sponsor fee and tracks gold bullion by holding actual gold bars.
• Y'all Street (Nasdaq ETFs)coreStrategic or Co-development Partner · 15 July 2026Texas Precious Metals serves as sole custodian of 100% of Y'all Street Physical Gold ETF (YSAU) and Y'all Street Physical Silver ETF (YSAG) physical bullion at its Texas depository. The funds are the first physically-backed bullion ETFs to custody all gold and silver on American soil, differentiating from ETFs that store majority in foreign jurisdictions.
• Sunshine MintingflagshipStrategic or Co-development Partner · 1 July 2026Partnership to manufacture the World's Heaviest Silver Coin - a 2,500 troy ounce .9999 pure commemorative coin for America's 250th anniversary. Sunshine Minting produced the coin at their facility in Henderson, Nevada. Guinness World Records certified the achievement.
• Dale BrisbyminorGTM or Marketing Partner · 17 June 2026Licensing partnership featuring Dale Brisby (prominent rodeo personality, Netflix's How to Be a Cowboy star) for Rodeo Time silver collection. Includes 1 oz and 1/2 oz .999 fine silver rounds celebrating Western heritage and rodeo culture.
• The Royal MintcoreChannel Partner/ Reseller/ Distributor · 18 May 2026Distribution partnership to expand Royal Mint bullion product distribution in the United States. Texas Precious Metals' retail and wholesale customers across Texas gain access to Royal Mint's portfolio of bullion coins and bars. Both companies indicated plans for future collaboration on additional projects.
• Josie ConnerminorGTM or Marketing Partner · 20 February 2026Brand ambassador partnership with breakaway roping star Josie Conner representing values of discipline, integrity, and excellence in rodeo. Collaboration includes Josie Conner Silver Round set to release June 2026, minted under Texas Mint brand in .999 fine silver.
• UFC (Ultimate Fighting Championship)minorGTM or Marketing Partner · 14 October 2025UFC Silver Coin Collection featuring 1 oz silver coins honoring UFC legends Bas Rutten, Mark Kerr, and Georges St-Pierre. Licensed collectible bullion appealing to both bullion investors and UFC fans.
• Texas A&M UniversityminorGTM or Marketing PartnerProud sponsor of Texas A&M Rodeo team. Products include Texas A&M branded silver rounds (Ring Crest, Miss Rev, Gig 'Em, 12th Man, Kyle Field) celebrating university traditions and maroon pride.
• Goldstar Trust CompanycoreChannel Partner/ Reseller/ DistributorIRA custodian partnership - Goldstar Trust Company (Amarillo, TX) uses Texas Precious Metals Depository as approved storage facility for self-directed IRA precious metals holdings.
• Digital TrustcoreChannel Partner/ Reseller/ DistributorIRA custodian partnership - Digital Trust (Las Vegas, NV) uses Texas Precious Metals Depository as approved storage facility for self-directed IRA precious metals holdings.
• Strata TrustcoreChannel Partner/ Reseller/ DistributorIRA custodian partnership - Strata Trust (Waco, TX) uses Texas Precious Metals Depository as approved storage facility for self-directed IRA precious metals holdings.
• Horizon TrustcoreChannel Partner/ Reseller/ DistributorIRA custodian partnership - Horizon Trust (Albuquerque, NM) uses Texas Precious Metals Depository as approved storage facility for self-directed IRA precious metals holdings.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• JM Bullion: Major U.S. online precious metals dealer selling gold, silver, platinum coins, bars, and rounds direct-to-consumer with IRA rollover support. Directly competes with Texas Precious Metals on low-premium positioning, e-commerce platform, and Texas/Southwest regional customer base.
• APMEX (now A-Mark Precious Metals): One of the largest online precious metals retailers in the U.S., offering gold, silver, platinum coins and bars directly to retail investors. Comparable to Texas Precious Metals in product breadth, e-commerce GTM, and IRA/depository services, though at significantly greater scale.
• Silver Gold Bull: Online precious metals dealer specializing in bullion and numismatic products with depository and IRA offerings. Competes directly with Texas Precious Metals on product catalog, e-commerce pricing transparency, and storage solutions.
• Kitco: Established precious metals retailer and bullion storage provider with global reach; offers coins, bars, and depository services similar to Texas Precious Metals, with added institutional trading desks and precious metals news/data products.
• Provident Metals: U.S.-based online precious metals retailer offering gold, silver, copper, platinum products with competitive pricing. Directly comparable product mix and GTM motion to Texas Precious Metals' core retail platform.
• Money Metals Exchange: Online precious metals dealer selling gold, silver, platinum to retail investors with depository and IRA services. Direct competitor in the low-premium, no-commission online bullion space serving individual investors and collectors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/texmetals
• Facebookfacebook.com/texmetals
• LinkedInlinkedin.com/company/texas-precious-metals

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Texas Precious Metals. LLC