About Lear Capital
Since 1997
Lear Capital is a precious metals dealer founded in Los Angeles in 1997 by Kevin DeMeritt. We help Americans understand their options for owning physical precious metals.
Since then, nearly 150,000 customers have turned to Lear to purchase gold, silver and other precious metals for direct delivery or to hold eligible metals within a self-directed Precious Metals IRA.
Along the way, Lear has completed more than $5 billion in trusted transactions.
But numbers only tell part of our story.
What has defined Lear is how we approach our customers: with experience, education, transparency and a commitment to helping people make informed decisions.
- Since1997Helping Americans acquire precious metals
- Nearly150,000Customers served across the United States
- $5 Billion+In trusted transactions
Awards &
Recognition
Lear Capital has also received recognition from well-known consumer and financial organizations, including:
We are proud of these distinctions, but they reinforce something we have believed since 1997: experience matters, education matters, and how you treat customers matters.
Our Philosophy
Starts With Education
We believe our best customer is an educated customer.
That philosophy has been part of Lear Capital from the beginning.
Before asking someone to make a decision, we want to give them an opportunity to learn. That is why Lear provides educational guides, market information, precious metals price charts, articles, research, and one-on-one access to knowledgeable representatives.
Precious metals are not necessarily right for every person in exactly the same way. People have different goals, circumstances, and reasons for considering gold or silver.
Our role is to explain the options, answer questions, and provide the information you need to make your own informed decision.
How Lear Works
- IRA custodian
- Equity Trust Company
- Storage
- Delaware Depository (segregated and non-segregated) and Brinks Global Services
- Accreditation
- BBB A+, accredited since 1997
- Authorized dealer
- PCGS Authorized Dealer
- Leadership
- Kevin DeMeritt, Founder
John Ohanesian, Chief Executive Officer
Lear Capital
Customer Reviews and Ratings
Customer service has been at the center of how Lear Capital does business since 1997.
Today, Lear has earned thousands of customer reviews across major independent review platforms. Customers frequently mention knowledgeable representatives, clear explanations, responsive service and a buying process that makes them feel informed rather than rushed.
4.8/5 average rating from 5,000+ reviews(as of October 2026)
Experience Across
Market Cycles
When you have been in the precious metals business since 1997, you see a lot of change.
Lear has operated through bull markets and bear markets, recessions and financial crises, periods of high inflation and low inflation, changing interest-rate environments, geopolitical uncertainty and dramatically different cycles for gold and silver.
That experience has given our team decades of perspective on the precious metals market, and the questions people tend to have when considering physical gold or silver for the first time.
Whether you are interested in purchasing metals for direct delivery or exploring a self-directed Precious Metals IRA, our goal is to make the process understandable from the beginning.
Lear Capital Milestones
-
1997
Founded and BBB accredited
-
2017
John Ohanesian named CEO
-
2019
Equity Trust Company named preferred IRA custodian
-
2026
Over $5 billion in transactions
Fees, Agreements and
Cancellation Terms
Lear makes important information available so prospective customers can review it for themselves.
Our Transaction Agreement is published on our website. Our Precious Metals IRA fees are available online. Customers receive written documentation of their transactions, and Lear provides a 24-hour cancellation period on purchases, with additional cancellation rights where required by state law.
We believe customers should understand the transaction they are considering.
Two Ways to Own
Physical Precious Metals
Lear helps customers acquire physical precious metals in two primary ways.
Precious Metals for Direct Delivery
Customers can purchase physical gold, silver, and other precious metals and have their order delivered to them.
Our representatives can explain available products, current pricing and the purchase and delivery process so you understand your options before placing an order.
Precious Metals IRAs
Eligible physical precious metals can also be held inside a self-directed IRA.
Lear can help customers understand the process of opening a Precious Metals IRA and transferring or rolling over eligible retirement funds, including funds from certain former-employer retirement plans.
Our team can explain the process and available options while you determine whether a Precious Metals IRA makes sense for your situation.
The statements made on this Website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, LLC cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.