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Welcome to my Goldco Precious Metals review for 2026.
Goldco Precious Metals is a legitimate, California-based precious metals company founded in 2006 by Trevor Gerszt. It specializes in selling Gold IRAs to Americans and direct purchases of gold and silver.
Goldco holds an A+ BBB rating and strong reviews across consumer watchdog platforms. They also partner with reputable custodians, including Equity Trust and STRATA Trust, and depositories such as Delaware Depository and Brink’s Global Services.
Goldco’s key strengths include a competitive buyback guarantee, knowledgeable customer support, and a free metals incentive of 5–10% on qualifying IRA purchases. However, the company has notable limitations: a restrictive fee waiver policy lasting only one year, a strict no-refund policy, and a narrow product range limited exclusively to gold and silver.
Investors seeking platinum, palladium, rare coins, exotic metals, or cryptocurrency IRAs will need to look elsewhere.
Overall, Goldco is a solid but specialized option best suited for straightforward gold and silver IRA investing.
What is Goldco Precious Metals?
Goldco Precious Metals is a top-rated, California-based financial services company specializing in wealth protection through precious metals.
Founded in 2006, Goldco helps American clients and investors secure their retirement savings by setting up Gold IRAs for them and facilitating direct purchases of gold and silver coins/bars.
| Name | Goldco Precious Metals |
|---|---|
| Date founded | 2006 |
| Location | 24025 Park Sorrento, Suite 210, Calabasas, California, 91302 |
| CEO | Trevor Gerszt |
| Precious metals | Gold and silver. |
Who Owns Goldco Precious Metals? Who’s the CEO?
Trevor Gerszt is the owner of Goldco Precious Metals. He founded Goldco in 2006 and serves as the company’s CEO.
Is Goldco Precious Metals a Scam? Or are They a Legitimate Gold Investment Company?
No, Goldco Precious Metals isn’t a scam. It’s a legitimate precious metals investment company located in America, Calabasas, California that helps Americans diversify their retirement and investment portfolios with precious metals (gold and silver).
To determine whether a gold IRA company is a scam or not you need to examine their customer’s reviews and ratings on popular consumer watchdog websites.
Goldco Precious Metals is highly rated on these platforms as you’ll see below.
| Consumer Watchdog Websites | Number of reviews | Score | Number of complaints in the past 12 months |
|---|---|---|---|
| BBB | 1,690 | A+ | None or very few complaints |
| Trustpilot | 1,784 | 4.4/5 | None or very few complaints |
| ConsumerAffairs | 1,718 | 2.8/5 | Decent number of negative customer reviews. |
| Google My Business | / | / | No profile |
| Trustlink | 254 | 5/5 | None or very few complaints |
What is Goldco Precious Metals’ Rating on BBB (Better Business Bureau)?
Goldco Precious Metals’ BBB rating is A+ based on 1,690 customer reviews (at the moment I wrote this Goldco review).
Positive customer reviews on their BBB profile is another sign Goldco Precious Metals isn’t a scam but is instead a reputable and legitimate gold and silver investment company.
How to Open a Gold IRA With Goldco Precious Metals?
To open a gold IRA with Goldco Precious Metals first you need to decide between a Traditional or Roth gold IRA.
Most people opt for a Traditional gold IRA to use their pre-tax retirement savings. You’ll need a Roth gold IRA if you’re rolling over from a Roth account.
Next, decide on a funding source. A Traditional gold IRA can’t be funded from Roth accounts, while a Roth gold IRA accepts rollovers from both pre-tax and Roth accounts.
Next you need to pick a custodian do manage your gold IRA. Goldco works with reputable custodians like Equity Trust Company, STRATA Trust Company and Self Directed IRA Services, Inc and they’ll connect you with your prefered custodian during the account opening process.
Next step is funding your gold IRA account. You can do a fund transfer or rollover and have your money available in just a few short days.
Final step is selecting, purchasing and properly storing your IRA precious metals.
Remember that not all gold coins are IRA-eligible but here Goldco’s staff will assist you and point you to IRA-approve gold coins and bars.
Your IRA custodian will administer the metals and store them at an IRA-approved depository. Goldco Precious Metals works with Delaware Depository and Brink’s Global Services to store precious metals for their clients.
These facilities are IRS-approved, fully insured, and built to meet and exceed the strict security requirements for Gold IRA assets.
What are the Fees for Opening a Gold IRA Account With Goldco Precious Metals?
Goldco Precious Metals’ fees are $325 for the first year and $275 for each year afterwards. You can save $50 per year if you pick non-segregated storage over segregated storage. Then you fees will be $225 per year.
| Cost | Details | |
|---|---|---|
| Account setup fee | $50 (once) | / |
| Custodian setup fee | $125 per year + ($125 every year) | Charged by your chosen custodial service. |
| Storage fee | $150 per year for segregated storage. $100 per year for non-segregated storage. | Charged by your chosen depository servicy. |
What are the Fees for Buying Precious Metals Outside of Gold IRA With Goldco Precious Metals?
When buying precious metals outside of a Gold IRA from Goldco, you’ll avoid annual IRA maintenance, setup, and storage fees.
Instead, you’ll pay a one-time purchase price that includes a premium (markup) over the spot price of the metals, along with shipping and insurance costs.
Goldco Precious Metals don’t disclose their premium on the precious metals they sell. This is a standard practice among all gold IRA companies in the United States.
4 Pros to Buying Precious Metals from Goldco Precious Metals
4 pros and benefits to working with Goldco Precious Metals are listed below.
- Goldco Works With Reputable Custodians and Depositories When Opening Gold IRAs.
- Generous Buyback Policy.
- Excellent Customer Support.
- Free Silver for Qualified Purchases Available.
Working with Goldco Precious Metals offers four notable advantages for precious metal investors. Rather than acting as its own custodian or depository, Goldco partners with well-established institutions including Equity Trust, STRATA Trust, and GoldStar Trust for custody, and Delaware Depository, Brink’s Global Services, and Texas Depository for storage.
The company’s “Highest BuyBack Guarantee” provides clients with a convenient way to liquidate holdings at current market prices, though buyers of premium coins should note that buyback values typically reflect melt value rather than the original retail premium paid.
Goldco is also praised for its knowledgeable and accessible customer support team, reachable via dedicated phone lines for both new and existing clients.
Additionally, the company incentivizes larger investments with a free metals offer, 5% back on IRA purchases between $50,000 and $99,999, and 10% back on purchases of $100,000 or more, making it an attractive option for substantial investors.
Pro 1- Goldco Works With Reputable Custodians and Depositories When Opening Gold IRAs
Goldco Precious Metals isn’t a custodian service. Nor are they a gold IRA depository.
Instead, Goldco works with reputable custodial and depository services and facilities.
The custodians Goldco Precious Metals works with are listed below.
- Equity Trust Company.
- STRATA Trust Company.
- GoldStar Trust Company.
The depositories Goldco Precious Metals works with are listed below.
- Delaware Depository.
- Brink’s Global Services.
- Texas Depository.
Pro 2- Generous Buyback Policy
Goldco offers a “Highest BuyBack Guarantee,” allowing clients to sell precious metals back to the company at competitive, current market prices.
This program provides liquidity and avoids the need for Goldco’s clients to find third-party buyers, generally focusing on wholesale bid prices rather than original retail prices.
Note: be aware that the buyback price Goldco offers is typically the wholesale bid price.
Meaning that for clients who purchased premium or collectible coins, the buyback value may only reflect the melt value and the original premium paid for the coins will be lost.
Pro 3- Excellent Customer Support
Goldco Precious Metals has an excellent customer support. Their staff is knowledgeable about precious metal investing and always ready to help both long term customers and American who never invester and are just learning the ropes.
As a new customer or for simple inquiries you can contact Goldco Precious Metals via this phone number (855) 450.1394
As an old customer you can contact Goldco Precious Metals via this phone (855) 472.8494.
This company also has a contact form you can submit to and then wait for their reply.
Pro 4- Free Silver for Qualified Purchases Available
Goldco Precious Metals has one of the best free silver offers among all U.S. gold investment companies.
Their offer is that for IRA purchases between $50,000 and $99,999 you get 5% of free silver or gold on top of the bullion you’re buying.
For IRA purchases between $100,000 and above you get 10% of free silver or gold on top of the bullion you’re buying.
7 Cons and Complaints To Working With Goldco Precious Metals
7 cons and complaints to working with Goldco Precious Metals are listed below.
- Several Customer Lawsuits Filed Against Goldco Precious Metals.
- Poor Fees Waiver Policy.
- No Refund Policy.
- No Exotic Precious Metals Available.
- No Bitcoin IRA Option Available.
- Lack of Platinum and Palladium Products.
Here’s the TLDR version of Goldco advantages and disadvantages below.
Goldco Precious Metals has seven drawbacks worth considering before investing. The company has faced lawsuits from both former customers and employees, though this isn’t uncommon in the industry. Their fee waiver policy is limited, only applying to accounts over $25,000 and lasting just one year, compared to competitors like Augusta Precious Metals which offers up to ten years of fee waivers.
Goldco has a strict no-refund policy, with all sales considered final except in cases of transit damage or theft.
The company’s product range is also restricted. They deal exclusively in gold and silver, offering no exotic metals such as rhodium or osmium, no platinum or palladium, no rare numismatic coins, and no cryptocurrency IRA options.
Investors seeking a broader portfolio including Bitcoin IRAs, rare coins, or platinum and palladium products would need to look at alternative companies such as iTrustCapital, Noble Gold, or Priority Gold.
Con-Complaint 1- Several Customer Lawsuits Filed Against Goldco Precious Metals
Goldco Precious Metals has been sued several times by former customers and former employees. This is isn’t huge news as eventually every precious metal company gets sued for something if they last long enough.
But it’s worth knowing about Goldco’s lawsuits and I’m mentioning it here to make my Goldco review more complete.
Con/Complaint 2- Poor Fees Waiver Policy
Goldco Precious Metals has a poor fee waiver policy for new customers. They don’t waive fees for new customers unless their investment is large enough (>$25,000). And even then Goldco only waives the fees for one year for their customers.
Compare that to Augusta Precious Metals which waives fees for up to ten years on qualified accounts.
Con/Complaint 3- No Refund Policy
Goldco Precious Metals doesn’t have a customer-friendly refund policy. The company doesn’t issue refunds to customers and all sales are final once signed.
However, Goldco will refund their customers in case the precious metals were damaged or stole during transit. The exclusion to this rule is that there’ll be no refund if the customer instructed the delivery service to leave the parcel unattended or to deliver it to another person.
Con/Complaint 4- No Exotic Precious Metals Available
Goldco Precious Metals doesn’t sell exotic precious metals like osmium, ruthenium, rhodium and iridium. Instead, they focus on selling only gold and silver, arguably the two most popular noble metals among investors in the world.
You can find coins and even bars made from osmium, ruthenium, rhodium and iridium, but the supply is scarce as these metals are far rarer than gold and especially silver.
Con/Complaint 5- No Bitcoin IRA Option Available
Goldco Precious Metals aren’t a Bitcoin IRA company. This means you won’ be able to buy Bitcoin or any other crypto and include it in your new gold IRA account.
Take a look at iTrustCapital if you want to buy Bitcoin or any other cryptocurrency to include in your gold IRA account. iTrustCapital is a legitimate company that specializes in opening Crytpo IRAs but also gold IRAs for clients.
Con/Complaint 6- No Rare Coins Available
Goldco Precious Metals doesn’t sell rare coins with numismatic value. This means you won’t be able to buy a rare Sacagawea coin from Goldco as they simply don’t sell it.
Take a look at Noble Gold Investments if you want to buy rare coins at the same time of opening your gold IRA account. Noble Gold Investments (Noble Gold IRA) is a legitimate gold IRA company that sells gold, silver, platinum and palladium products to American investors looking to open gold IRA account and also to those looking to buy precious metal bullion outside of their IRA accounts.
Con/Complaint 7- Lack of Platinum and Palladium Products
Goldco Precious Metals doesn’t sell platinum and palladium coins and bars. They’re exclusively gold and silver dealer company.
Take a look at Priority Gold if you’re interested in buying platinum and palladium coins and bars. Priority Gold is a legit precious metal investment company that helps Americans diversify their retirement portfolio with gold, silver, platinum and palladium.
Goldco Precious Metals Review 2026- Scam or Legit? Fees. Pros, Cons and Customer Reviews and Ratings Included (Conclusion)
Goldco Precious Metals is a legitimate, California-based gold and silver investment company with A+ BBB rating and founded in 2006 by Trevor Gerszt.
The company specializes in Gold IRAs, partnering with reputable custodians and depositories to secure client assets. Key advantages include a competitive buyback guarantee, strong customer support, and a free metals incentive of 5–10% on larger IRA purchases.
However, Goldco’s drawbacks include a limited one-year fee waiver, a strict no-refund policy, and a product range restricted exclusively to gold and silver — no platinum, palladium, rare coins, or crypto IRAs.
Goldco Precious Metals is best suited for investors focused solely on gold and silver.
References:
- Trevor Gerszt (Owner and CEO of Goldco Precious Metals)- https://www.linkedin.com/in/goldcopreciousmetals/
- Goldco Precious Metals refund policy and Terms and Conditions- https://goldco.com/terms-and-conditions/
- Goldco Precious Metals Trustpilot profile, customer reviews and ratings- https://www.trustpilot.com/review/goldco.com
- Goldco Precious Metals Trustlink profile, customer reviews and ratings- https://www.trustlink.org/Reviews/Goldco-206527051
- Goldco Precious Metals BBB Profile and Customer reviews/ratings- https://www.bbb.org/us/ca/calabasas/profile/precious-metal-dealers/goldco-1216-100109958/customer-reviews
Nikola Roza
Nikola Roza is the owner of Nikola Roza- Everything You Can Learn About Precious Metals. He writes for people who love precious metals and jewelry and who're interested in adding gold, silver platinum and palladium to their retirement portfolios. Nikola is passionate about gold IRAs and investing in multiple asset types for a safer financial future. He also runs a successful online jewelry store where you can buy precious metal jewelry and various replicas of famous coins and bars. Learn about Nikola here.