Goldco Review: Is it a Legit Company You Can Trust?

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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 is a legitimate precious metals IRA company with more than 15 years of experience and many verified positive customer reviews.

You can trust the company to take care of your investment.

Goldco Goldco
5.0
Services: Precious Metals IRA, gold & silver bullion
Minimum investment: $25,000
Fees: $175-$225/yr
Pros:
  • Excellent customer service
  • Verified customer reviews from Trustpilot and Trustlink
  • Specializes in precious metals IRAs
  • Low management fees
Cons:
  • No online purchase available
  • Must speak with an IRA specialist
Promotion: Up to $10,000 or more in free silver (with a qualified account)

Many investors are concerned about their retirement plans during the current economic uncertainty, which includes unprecedented inflation, high interest rates and volatile stock prices.

Some are choosing to leave the stock market before a potential stock price decline. Many investors have decided to transfer some of their retirement savings into physical precious metals using a gold IRA.

Goldco is one of the fastest-growing companies to offer this service.

What is Goldco?

Goldco homepage
Website homepage of Goldco.com

Goldco is a precious metals company that offers many options for precious metals investing, but is primarily a gold IRA provider.

Precious metals IRAs are a unique kind of IRA that allows investors to use physical gold, silver, palladium, and platinum instead of traditional stock market options.

The IRS tightly regulates IRA investing, including requiring an IRA custodian to manage your account on your behalf.

Goldco acts as an IRA broker so that you can comply with IRS rules. Aside from serving as an account executive, Goldco can help you with the following:

  • Source metals: Metals must meet certain fineness requirements to qualify for an IRA. Goldco is experienced in the precious metals market and can help you find appropriate materials.
  • Find a depository: Because investors are not allowed to manage their own accounts, they must use an approved storage facility. Goldco will help you find an approved location and manage storage fees.
  • Manage an IRA rollover: If you want to invest more than the maximum contribution for an IRA, you will need to use a rollover from a previous account. Goldco will help you manage this process.

Goldco Services

Goldco creates an easy way to invest money in precious metals. The company offers several unique benefits that can help customers manage their retirement savings, including:

  • Buyback guarantee: When it comes time for investors to take distributions from their IRA, they can easily cash their investment out by selling their metals back to Goldco.
  • Quality customer education: Goldco prides itself on teaching customers the ins and outs of metals investing so they fully understand the benefits and risks of their decision.
  • Low annual fees: Goldco has reasonable prices that are highly competitive compared to other gold IRA companies.

You can open a Goldco precious metals IRA or purchase silver or gold using its services. Each of these services works differently and offers different benefits.

Gold IRA

A Goldco gold IRA allows investors to use physical gold in their IRA. Gold is one of the oldest valuables in the world, dating back to at least 650 B.C.

Because of its long history, gold is often considered an infallible investment, especially during times of political turmoil or economic uncertainty.

Gold hedges against dollar value fluctuations and inflation because the price of gold increases with the cost of living.

Additionally, gold hedges against deflation because its purchasing power tends to stay consistent while other valuables’ purchasing power drops.

In addition to the consistent value of gold, gold production has slowed significantly in recent years. Many investors predict that this will cause the value of gold to increase.

Silver IRA

Goldco can set you up with a low-fee silver IRA that fully abides by IRS regulations. Many investors are choosing silver because of its unique qualities.

Silver isn’t just used as investment material; it is also used in manufacturing and production and in such products as LED chips, solar panels and touchscreens.

Because silver has uses outside of simple investing, the overall supply has been dropping. Many investors choose silver because they know even if it becomes less valuable as an investment asset, it can always be sold for other purposes.

Some investors choose to invest in silver and gold simultaneously. Investing in both precious metals provides additional investment portfolio diversification that you cannot achieve with one metal option alone.

Buy Gold and Silver Coins

In addition to gold and silver IRAs, Goldco can help you purchase gold and silver to keep as a personal investment. Purchases of precious metals are not tightly regulated, so you can even keep these coins in a safe at home.

Gold and silver investments from Goldco come with many benefits. Since Goldco is a reliable source for metals, it protects you from unscrupulous metals dealers who may try to scam you or sell you low-quality metals, shaved coins or fake coins.

Goldco has many gold and silver coins and bullion available, from the Gold Lucky Dragon coin (minted in Canada) to classic American Eagle coins.

Goldco Fees & Minimum Investment

Precious Metals IRA Transactions

Setup fee for IRA$50
Wire Fee$30
Maintenance Fee$80 per year
Storage Fees$100 for non-segregated
or $150 for segregated per year
Minimum Investment$25,000

Non-IRA Transactions

One-time Setup Fees$0
Annual Maintenance Fees$0
Storage Fees$0
Minimum investment$3,500

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?

 
5.0
5.0
4.5
$25,000
$50,000
$10,000
$175-$225/yr
$200/year
$180/year (custodian fees)
Up to $10,000 or more in free silver (with a qualified account)
Zero fees for up to 10 years (depending on the investment amount) (depending on the investment amount)
1st year fees waived (over $50k accounts)
5.0
$25,000
$175-$225/yr
Up to $10,000 or more in free silver (with a qualified account)
5.0
$50,000
$200/year
Zero fees for up to 10 years (depending on the investment amount) (depending on the investment amount)
4.5
$10,000
$180/year (custodian fees)
1st year fees waived (over $50k accounts)

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:

  1. Request a free gold kit: Goldco has high-quality educational materials you should look through before you commit to any long-term investment.
  2. Open your IRA: Once you are confident in investing in precious metals, Goldco specialists will guide you through opening your new account.
  3. 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.
  4. 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

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

Should I Invest with Goldco?

If you’re looking for an alternative to a traditional IRA or an opportunity to invest some of your retirement accounts in gold, Goldco is one of the best gold IRA companies around.

It can help you create a gold or silver IRA or assist you with any other precious metals investment. Precious metals investing is a popular choice for many during times of market volatility, high inflation or increased interest rates.

Request your free gold IRA kit to see if precious metals options are suitable for you.

Goldco FAQ’s

These are the most commonly asked questions about Goldco:

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

Goldco is a leader in the precious metals industry, with over a decade of experience helping customers protect their retirement savings. 

We earn a commission if you invest, at no additional cost to you.
Goldco
goldco review

Goldco is one of the leading provider of precious metals IRA's. They pride themselves in customer service and the ability to help individuals diversify their retirement accounts.

Product Brand: Goldco

Editor's Rating:
5

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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