I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.
Goldco provides precious metals for both direct purchase and the establishment of a precious metals IRA.
They offer their highest buy back guarantee, as well as a silver bonus of up to 10% of the amount of limited mintage coins purchased for a precious metals IRA.
Goldco
- Excellent customer service
- Verified customer reviews from Trustpilot and Trustlink
- Specializes in precious metals IRAs
- Low management fees
- No online purchase available
- Must speak with an IRA specialist
I will help you determine if Goldco the right choice to provide you with precious metals for either a precious metals IRA or for direct purchase.
Goldco can be an excellent choice for either investment. However, our major concern is the lack of transparency in markup charges over bullion cost (you must contact the company directly for this information on each purchase).
Learn more in this Goldco review.
The Verdict for Goldco
Goldco is a well-regarded (by consumers) precious metals dealer, giving investors the choice to either take direct custody of their metal investments, or to set them up in a gold or silver IRA account.
I’ve given them a rating of 9.5 out of 10.
The company operates in a manner like other precious metals dealers, though you must call directly to obtain specific pricing information on the metals you wish to purchase.
In our Goldco review we’ve considered the following criteria in evaluating this company:
| Category | Rating (out of 10) |
|---|---|
| Product & Service Offerings | 9 |
| Pricing & Fees | 8 |
| Guarantees | 9.5 |
| Customer Experience | 9.5 |
| Storage & Security | 10 |
| Account Setup & Maintenance | 9 |
| Reputation & Reviews | 10 |
| Overall Rating | 9.5 |
About Goldco Precious Metals
Based in Calabasas, California, Goldco precious metals began operating in October 2011. It’s stated mission is to help Americans achieve greater financial security by providing more options to protect their wealth.
Goldco offers its services to investors throughout the US. The company specializes in providing precious metals IRAs as well as the direct purchase of gold and silver.
Goldco claims to have placed over $2 billion in gold and silver since it’s been in business.
In addition to top ratings from Trustpilot and the Better Business Bureau, Goldco is endorsed by celebrities including Chuck Norris, Sean Hannity, and Ben Stein.
Product & Service Offerings
Goldco’s primary products are its precious metals IRA and direct sales of gold and silver to investors.
The Goldco precious metals IRA offers investors the ability to diversify into a true non-correlated investment.
Through direct ownership of gold and silver bullion within a precious metals IRA, investors can hold a portion of their retirement assets in an investment that isn’t tied to the performance of the financial markets.
Goldco Direct
You can take advantage of Goldco Direct to purchase precious metals outside of an IRA. You’ll open your account by signing an agreement of Goldco’s terms of doing business.
Next, you can fund your account, either by bank wire or by mailing a check to Goldco’s office in Los Angeles.
Pricing & Fees
Whether you open a precious metals IRA or simply an account to purchase metals directly from Goldco, you should expect to incur the following charges:
| Setup fee for IRA | $50 (one-time, only for IRA account set-up, not cash purchases) |
| Wire transfer fee | $30 |
| Custodian administration fee | $125 annually |
| Storage fees | $100 for non-segregated or $150 for segregated per year |
Goldco Promotions
Though it does not appear on the Goldco website, the company is currently offering free silver with a precious metals IRA investment (the information below is from an email from a Goldco representative).
The bonus is paid only on the purchase of limited mintage coins.
You will receive additional free limited mintage silver coins. These are bullion coins produced by the mints of various countries in limited numbers.
They are usually ¼ ounce of gold or silver, and typically minted after 2020 (these are not the typical numismatic pre-1933 US minted gold and silver bullion coins).
The eligibility requirements are as follows:
- $50,000 to $100,000 investment – Receive 5% additional limited mintage silver coins.
- $100,000 or greater investment – Receive 10% limited mintage silver coins.
- For example, when you invest $50,000 you will receive $2,500 in additional coins and for a $100,000 investment you will receive $10,000 in additional coins.
Goldco is a leader in the precious metals industry, with over a decade of experience helping customers protect their retirement savings.
Guarantees
Goldco offers their Goldco highest buy back guarantee, in which they’ll buy back your precious metals at the highest price.
Who Should Use Goldco?
Anyone looking for an investment company to help them manage a precious metals IRA will benefit from investing in Goldco.
If you choose to use Goldco, you will find reasonable custodian fees, great customer service and open business practices.
How Does Goldco Compare?
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Primary Rating:
5.0
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Primary Rating:
5.0
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Primary Rating:
4.5
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Minimum investment:
$0
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Minimum investment:
$50,000
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Minimum investment:
$10,000
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Fees:
$175-$225/yr
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Fees:
$200/year
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Fees:
$180/year (custodian fees)
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Promotion:
Up to $10,000 or more in free silver (with a qualified account)
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Promotion:
Zero fees for up to 10 years (depending on the investment amount) (depending on the investment amount)
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Promotion:
1st year fees waived (over $50k accounts)
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Getting Started with Goldco
Making changes to your retirement plan can be intimidating, but Goldco can guide you through the entire process.
Here is an outline of the general process of opening an account with Goldco:
- Request a free gold kit: Goldco has high-quality educational materials you should look through before you commit to any long-term investment.
- Open your IRA: Once you are confident in investing in precious metals, Goldco specialists will guide you through opening your new account.
- Fund your self-directed IRA: If you want to invest more than the contribution limit, you must roll over from an existing retirement account, usually a 401(k) or an IRA.
- Purchase your precious metals: After your funds are prepared, you can invest in the gold or silver coins or bullion of your choice.
Goldco Reviews
Goldco enjoys highly favorable ratings among various third-party sources:
- Better Business Bureau: A+, the highest rating given.
- Trustpilot: 4.8 out of five stars among nearly 1,500 reviews.
- Google listing: 4.9 out of five stars among more than 2,600 reviews.
Fantastic customer service all around! The Goldco representative serving as my Agent is a 30+ year veteran of this commodity industry and answers ALL of my questions. Moreover, he is willing to squeeze into my very demanding schedule. Customer call center team is very friendly and helpful. I researched multiple dealers/brokers extensively and conducted at least three phone interviews. Overall, I am very satisfied with my selection.
Cheryl Blasie, Verified Google customer
I have no doubt that I will again get the same excellent service from James Good of Goldco. This is my 2nd IRA Precious Metals transaction with him and he delivers. Honest, precise, and transparent. I highly recommend James of Goldco, you will not be disappointed.
Div T, Verified Trustpilot customer
Is Goldco a legit company?
Based on the consumer ratings on Google, the Better Business Bureau, and Trustpilot – as well as the endorsements of various celebrities – Goldco appears to be a legitimate company.
Request your free gold & silver guide today!
FAQ’s
Is Goldco a legit company?
Hundreds of positive Goldco reviews and happy customers demonstrate that they are a legitimate, reliable company.
Who owns Goldco?
Trevor Gerszt founded Goldco in 2006 and still owns it to this day.
Do Sean Hannity and Chuck Norris endorse Goldco?
Yes, Sean Hannity and Chuck Norris endorse Goldco
Does Goldco have any pending lawsuits or complaints?
As of this writing (the end of 2022), Goldco has no pending lawsuits or complaints.
Is Goldco Direct LLC the same company?
Yes, Goldco is also known as Goldco Direct LLC.
What is Goldco’s address?
Goldco headquarters are in Calabasas, California. The address is 24025 Park Sorrento, Suite 210, Calabasas, CA 91302.
Goldco is a leader in the precious metals industry, with over a decade of experience helping customers protect their retirement savings.
I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.
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