Monetary Gold Review: Is it a Reputable Company?

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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.

Monetary Gold is a precious metals firm that offers some of the best prices on the market for assets and phenomenal customer service that includes educational resources for potential investors on how to manage their portfolios.

Monetary Gold Monetary Gold
4.0
Minimum investment: $10,000
Fees: $180/yr (depends on custodian)
Pros:
  • 50 years of experience
  • Free shipping for new clients
  • Large selection of investments
  • Direct precious metals dealer
Cons:
  • No online purchase available
  • Must speak with an IRA specialist
Promotion: 1st year fees waived over $50k

Do you need guidance deciding which company you should trust to open a gold Individual Retirement Account (IRA) with?

It is crucial to be well informed when determining whether a gold dealer is reputable; the wrong decision can have long-term repercussions on your financial security and future.

Monetary Gold believes in “protection through diversification” and offers various services linked to an investment portfolio of precious metals such as gold and silver.

The company states that since the year 2000, the value of gold has grown by more than 500 percent, while the U.S. dollar has decreased by 29 percent.

Therefore, considering factors such as pricing, shipping, resources and customer service, we set out to determine on your behalf if this company is legit and whether its claims to offer increased security in direct precious metals investments are valid.

What is Monetary Gold?

Monetary Gold homepage
Monetarygold.com website

Monetary Gold was formed in July of 2000 in Woodland Hills, California, as a retailer of precious metals, offering silver, gold, palladium and platinum to help clients preserve their retirement savings and reach their financial goals.

Monetary Gold offers gold IRAs, collectors’ coins, non-retirement investments and other precious metals. Monetary Gold’s mission is to help clients diversify their investments and thus protect their wealth in times of economic downturn and watch it grow during booms.

Its services include consultation and storage as well as education on the benefits of precious metals investing.

Monetary Gold Services

Experts at Monetary Gold can help you diversify your portfolio to protect your investments when the economy is volatile and strategically position you for growth when it is thriving.

As a Monetary Gold customer, you can purchase assets for cash and either have them delivered to your home or roll them over to your retirement account.

The minimum investment ranges from $5,000 to $10,000, as determined by your IRA custodian.

Silver & Gold IRA

Experts at Monetary Gold can help you diversify your portfolio to protect your investments when the economy is volatile and strategically position you for growth when it is thriving.

As a Monetary Gold customer, you can purchase assets for cash and either have them delivered to your home or roll them over to your retirement account.

The minimum investment ranges from $5,000 to $10,000, as determined by your IRA custodian.

Silver & Gold IRA

An IRA will provide you with financial security by safeguarding your retirement. With these special accounts, you can set aside tax-protected savings for future use.

A gold IRA is similar to a standard IRA, except precious metals are backing your investments. You have the option to transfer any traditional IRA, simplified employee pension (SEP) or Roth IRA, or you can directly roll over any existing 401(k) or 403(b) into a gold IRA without any penalties or taxes.

Monetary Gold offers the following forms of precious metal investment opportunities to prospective investors:

  • Semi-numismatics
  • Bullion
  • Graded coins

Storage Options

Your precious metals are transported to the Delaware Depository for storage where they are protected by round-the-clock surveillance, including alarms.

As an investor, you can alternatively select an international storage option using sub-custodians such as the Bank of Nova Scotia in Toronto, Canada, or Via MAT International in Switzerland and Zurich.

Private Storage IRA

Private storage is when you keep your precious metals in a safety-deposit box at the bank or in your own home. If you choose the latter, Monetary Gold will deliver your assets directly to your door, and you will need to sign upon receipt.

The company is fully insured to transport the metals in this way. Otherwise, Monetary Gold will store your investment in your chosen vault, and you are free to collect it whenever you desire.

However, it is crucial to be aware that the IRS reserves the right to render this storage method invalid at any time, as Congress periodically updates the relevant laws.

Buy Gold & Silver Coins

You must ensure you have sufficient funds in your account prior to purchasing coins from Monetary Gold. You may write a check, or you can elect to transfer the funds from one of your existing retirement accounts, such as a qualified 401(k) or IRA.

The company also accepts cashier’s checks and wire transfers as valid payment methods. Monetary Gold offers these coins for purchase:

Gold

  • $10 Liberty
  • $10 Indian
  • $20 Saint Gaudens
  • $20 Liberty
  • Gold British Sovereign
  • French 20 Franc Angel
  • French 20 Franc Rooster
  • German 20 Marks
  • Swiss 20 Franc
  • Belgium 20 Franc
  • Napoleon III 20 Franc
  • Italian 20 Lire
  • Gold American Eagle
  • Gold Canadian Maple Leaf
  • American Gold Buffalo
  • Gold Austrian Philharmonic
  • South African Krugerrands
  • Gold American Eagle 4pc Proof Set
  • $5 Indian Head Gold Coin
  • $5 Liberty Gold Coin
  • Gold Gyrfalcon Coin
  • Gold Polar Bear & Cub
  • Gold Arctic Fox

Silver

  • Half Franklin Dollars
  • Morgan Silver Dollars
  • Peace Silver Dollar
  • Silver American Eagle
  • Silver Walking Liberty Half Dollars
  • Silver Proof American Eagle
  • Silver Polar Bear Coin
  • America The Beautiful Collection
  • Silver Gyrfalcon Coin
  • Silver Austrian Philharmonic
  • Silver American Buffalo Coin
  • Silver Britannia Coin
  • Kennedy Silver Dollar Coin
  • Polar Bear & Cub Silver Dollar Coin
  • Silver Canadian Maple Leaf
  • Franklin Silver Dollar Coin
  • Arctic Fox Silver Coin

Platinum

  • Platinum Maple Leaf
  • Platinum American Eagle

Palladium

  • Palladium Maple Leaf

Monetary Gold Fees & Minimum Investment

Precious Metals IRA Transactions

Setup Fees$290
Custodian Fees$80/yr (depends on custodian)
Minimum Investment$10,000

Non-IRA Transactions

Delivery Fee$30
Minimum Investment$5,000

Who Should Use Monetary Gold?

If you wish to invest in precious metals to hedge inflation or to store them for long-term appreciation, Monetary Gold is the company for you.

It is also a suitable option if you are nearing retirement and are looking for ways to protect your savings. Additionally, if you are comfortable with high volatility and would like to earn extra income through dividends or interest, you should consider a Monetary Gold IRA.

If you invest with Monetary Gold, you can take advantage of its hands-on, expert customer service representatives who are available to answer all your questions.

How Does Monetary Gold Compare?

 
Primary Rating:
4.0
Primary Rating:
5.0
Primary Rating:
5.0
Minimum investment:
$10,000
Minimum investment:
$25,000
Minimum investment:
$50,000
Fees:
$180/yr (depends on custodian)
Fees:
$175-$225/yr
Fees:
$200/year
Promotion:
1st year fees waived over $50k
Promotion:
Up to $10,000 or more in free silver (with a qualified account)
Promotion:
Zero fees for up to 10 years (depending on the investment amount) (depending on the investment amount)
Primary Rating:
4.0
Minimum investment:
$10,000
Fees:
$180/yr (depends on custodian)
Promotion:
1st year fees waived over $50k
Primary Rating:
5.0
Minimum investment:
$25,000
Fees:
$175-$225/yr
Promotion:
Up to $10,000 or more in free silver (with a qualified account)
Primary Rating:
5.0
Minimum investment:
$50,000
Fees:
$200/year
Promotion:
Zero fees for up to 10 years (depending on the investment amount) (depending on the investment amount)

Getting Started with Monetary Gold

Here’s how to get started with Monetary Gold:

  1. Request a Free Investor’s Guide – Visit their website and provide your name, phone number and email address to receive a free information kit and investor’s guide.
  2. An IRA Specialist Will Give You a Phone Call To Discuss Your Goals – Monetary Gold’s expert representatives will contact you to ensure you make a well-informed decision about whether or not to sign up for a gold IRA.
  3. Receive and Complete IRA Forms – Complete all of the paperwork including an application that asks for a few personal details. You will also need to provide proof of your current assets and income at the firm’s discretion.
  4. Fund Your Self-Directed IRA – Deposit funds into your IRA through any of the valid payment methods.
  5. Purchase Your Precious Metals – You may purchase precious metals, such as physical gold or silver, via Monetary Gold’s call center or website.

After you have placed your order, the company will verify the order then begin packaging your investment in preparation for shipping.

Monetary Gold Review

I looked into investing in precious medals. I started with a small amount. Jonathan walked me through the entire process. He answered all my questions and saw my transaction through to the end. He kept in contact with me the entire time. I rolled over an IRA after the success of the first transaction. Once again Jonathan and Christina were with me every step of the way. Five Stars!

James C., Verified TrustLink Customer

This was my first time looking into investing in precious metals. I was amazed at the level of knowledge and professionalism of the people I talked to. I feel totally at ease in dealing with this company. I would recommend them to anyone looking for some honest and good people!

James O., Verified TrustLink Customer

Should I Invest with Monetary Gold?

Based on our Monetary Gold review, we would say it is one of the better gold IRA companies on the market.

We recommend you consider investing with Monetary Gold if you wish to protect your investments through diversification, and if you value a supportive customer service approach that prioritizes your needs.

Monetary Gold FAQs

Here are quick answers to a few of the most commonly asked questions about Monetary Gold.

Is Monetary Gold a reputable company?

Monetary Gold is a reputable company that does not receive many complaints. It has also been awarded an A+ rating by the Better Business Bureau (BBB).

Who owns Monetary Gold?

Andrea Powers is the company executive. The website does not state the organization’s official founder; however, Andrea is the primary contact.

Does Monetary Gold have any pending lawsuits or complaints?

No. Monetary Gold does not have any pending lawsuits or complaints. According to the BBB, the company has resolved only one complaint within the last three years.

What is Monetary Gold’s address?

Monetary Gold is headquartered inside Warner Center Towers at 21800 W. Oxnard St. #1120, Woodland Hills, California, 91367, United States.

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.
Monetary Gold
monetary gold review

Monetary Gold offers would-be investors the chance to put funds into gold and other precious metals with low fees and the potential for high returns.

Product Brand: Monetary Gold

Editor's Rating:
4

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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