Disclosure: Some of the links you’ll encounter are affiliate links. If you click and buy something, I’ll get a commission. If you’re reading a review of some precious metals company, please understand that some of the links are affiliate links that help me pay my bills and write about what I love with no extra cost to you. Thank you!
Note: I am NOT an affiliate for Goldco. What you’ll see below is my honest and unbiased review of Goldco Precious Metals. I did my best to do the company justice, and if you have any experience with it you’re free to share it in the comment section at the bottom of the page. Also, I am an affiliate for Augusta Precious Metals and Birch Gold Group (two excellent gold IRA companies).
So if you see me talking about those two companies in my review, feel free to assumer I’m incentivized to do so. I still have and follow strict editorial guidelines when writing content for my blog. I don’t recommend anything unless I think they offer a good service or a product.
Enjoy my Goldco review right below!
Is Goldco a scam? Or are they a legit precious metals dealer company?
Are there any customer complaints and negative reviews about them?
Are there plenty of lawsuits against Goldco, and are they involved in a lawsuit right now?
You can find the answers to these questions in my Goldco Precious Metals review for 2024 article below.
In a hurry? Here’s the TLDR version of my review.
Goldco Precious Metals is my top recommendation for Gold IRA providers in 2024. They’re a legitimate company that have very few complaints posted online and more than 5,000 5-star reviews posted on popular consumer watchdog websites.
Doing business with Goldco is fast, easy, and secure and their helpful customer support will ensure you’re taken care of the best way possible.
The best way to start with Goldco is to download their free Wealth Protection Kit and start learning how to proceed with precious metals investing.
Get the guide here!
And now continue reading my review of Goldco Precious Metals.
You can use these jump links to move around my Goldco review faster:
- Which Services Do Goldco Precious Metals Offer?
- Goldco Precious Metals Fees and Pricing
- How to Get Started With Goldco Precious Metals?
- Goldco Precious Metals Pros and Cons (Complaints)
- Goldco Precious Metals BBB and Consumer Watchdog Websites Scores and Reviews
- Goldco Precious Metals Customer Support
- Goldco Precious Metals Lawsuits
- Goldco Precious Metals Review- Scam or Legit (FAQ)?
- Goldco Precious Metals Review- Scam or Legit (Conclusion)?
Table of Contents
What is Goldco Precious Metals?
- Name– Goldco;
- Date founded– October 7, 2006.
- Headquarters-Woodland Hills, 21215 Burbank Blvd., Suite 600, United States
- CEO– Trevor Gerszt.
- BBB score– A.
- Types of precious metals– gold and silver.
Goldco are the true market leader and one of the oldest and largest gold IRA companies in the USA market.
They survived so long because they offer a quality service for American savers (thousands of people have already done business with Goldco, they have 5000+ 5-star reviews from happy customers and Goldco have sold over 2 billion worth of gold and silver).
You’ll be safe with them if you decide to invest.
Goldco has a $25,000 minimum investment requirement for opening a gold IRA account.
That’s pretty steep compared to some other gold IRA companies, though you can also buy cash and silver outside of your IRA for just $3500.
Which Services Do Goldco Precious Metals Offer?
Goldco offer two types of services.
First, you can open a gold IRA account and store your gold and silver in a depository with the help of a qualified custodian (Goldco will connect you with their preferred custodian).
Second, you can buy physical gold and silver bullion and store it at your home.
How to Open a Gold IRA With Goldco Precious Metals?
Here’s how to get started with Goldco Precious Metals in 2024:
- Step #1– open your new gold IRA.
- Step #2– fund your self-directed IRA.
- Step #3– Purchase your precious metals.
Step #1- Open Your New Gold IRA
You can open a Precious Metals IRA with Goldco by signing an agreement to secure your purchase and understand Goldco’s terms of doing business.
A Goldco’s representative specially assigned to you will walk you through every step of the process.
Step #2- Fund Your Self-Directed IRA
You can fund your Precious Metals IRA by rolling over assets from your existing retirement accounts, for example 401(k), 403(b), TSP, savings or IRA accounts.
You can easily roll over all of these with Goldco’s help and you won’t face any tax penalties for these types of rollovers.
Step #3- Purchase Your Precious Metals
Once your Precious Metals IRA is funded, you can choose which precious metals you’d like to have as a part of it.
Goldco helpfully and clearly show you which of their coins are IRA-eligible and which are not.
Goldco Precious Metals Fees and Pricing
The fees for setting up a Goldco account are:
- One-time set up fee– $50;
- Annual custodian fee– $80;
- Annual depository fee– $100 ($150 if you want to have your coins and bars segregated from other savers’s coins and bars).
| Goldco Fees | Recurring Yearly Payment |
|---|---|
| One-time set up fee- $50; | No |
| Annual custodian fee- $80; | Yes |
| Annual depository fee- $100. | Yes |
| Annual depository fee, segregated storage- $150 | Yes |
| Shipping fee- free for orders over $500 | No |
| Transit insurance fee | No |
Note: these are the fees for opening a gold IRA account with Goldco.
It does not include the money you’ll need to spend to purchase gold and silver coins and bullion.
You also don’t pay these fees when buying gold and silver to be physically delivered and stored at your home.
Finally, Goldco Precious Metals don’t accept payments by Bitcoin, any other type of cryptocurrency, gift cards, debit cards, or payments by phone…
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Is Goldco Precious Metals Secure and Safe Company to Work With?
Goldco Precious Metals is a secure and safe gold IRA company to work with.
First, Goldco work with all major custodial services operating in the US. Your custodian is going to be the one who manages your gold and silver for you and you want it to be a reputable one.
Goldco will connect you with such a legit and reputable custodian.
Second, Goldco work with reputable depositors to store your gold and silver properly and securely.
They have an excellent relationship with the Delaware depository, which is one of the biggest and most trusted depositories in the U.S.
Goldco Precious Metals Customer Support
There are 3 best ways to contact Goldco Precious Metals:
- via telephone (phoning Goldco is the best way to contact this gold IRA company. The number is 855-450-1394. Call Monday to Friday, between 7am – 4pm (PST).)
- via their official contact page.
- via their live chat.
Other ways to contact Goldco are via their:
- via their official Twitter profile.
- via their official LinkedIn profile.
- via their official Facebook profile.
Note: Contacting Goldco Precious Metals via social media is reserved for trivial questions you have about the company or precious metal investing.
For more serious matters your best bet is to call them or start a chat with them on their website.
Goldco Precious Metals Pros and Cons
| Pros | Cons |
|---|---|
| Old Gold IRA Company With 18+ Years in Business | Limited Refund Options |
| “A+” score on BBB and Excellent Scores on Other Consumer Watchdog Websites | Limited Payment Options are Available |
| No Additional Fees. You Only Pay for Storage and Custodian Fees | Hidden Margins (Markup) |
| Customer-friendly Buyback and Refund Policies | No Bitcoin IRA Options |
| Excellent Customer Service | Not an Online Gold Dealer |
| Strong Focus on Education | $25 000 Minimum Investment Requirement |
| Purchase Gold and Silver Directly From Goldco | No Palladium and Platinum Products |
| First-Time Customer Bonuses | No Mobile App |
| Supported By Celebrities | There is no Pricing of Products on Goldco’s Website |
| / | Decent Number of Customer Complaints on BBB |
Goldco Pros
Goldco’s pros in 2024 are:
- Old Gold IRA Company With 18+ Years in Business
- “A+” score on BBB and Excellent Scores on Other Consumer Watchdog Websites;
- No Additional Fees. You Only Pay for Storage and Custodian Fees;
- Customer-friendly Buyback and Refund Policies;
- Excellent Customer Service;
- Strong Focus on Education;
- Purchase Gold and Silver Directly From Goldco;
- First-Time Customer Bonuses;
- Supported By Celebrities.
More details about Goldco’s pros are right below.
Old Gold IRA Company With 18+ Years in Business
At the time of writing this Goldco review on my website, Goldco have already been in business for a full 18 years and they’re still going strong.
In the gold IRA niche, there are some companies which are only ~5 years old and do awesome work for American savers and investors.
That said, in this niche usually older=better. I say usually because there are always exceptional young companies that however only serve to prove the rule.
With 18 years in the business, Goldco is one of the oldest and best gold IRA companies in the US.
“A+” score on BBB and Excellent Scores on Other Consumer Watchdog Websites
Goldco are a BBB-accredited business with a well-maintained profile and a perfect A+ score. This is another proof of the legitimacy of this company.
They also have thousands of positive customer reviews on popular consumer watchdog websites.
Take a look at their ratings and scores on these platforms (note: these are captured at the moment of writing this review of Goldco Precious Metals).
| Consumer Watchdog Websites | Number of reviews | Score/Rating | Number of complaints in the past 12 months |
|---|---|---|---|
| BBB | 829 reviews | 4.8/5 | None or very few customer complaints |
| Trustpilot | 1281 reviews | 4.7/5 | None or very few customer complaints |
| ConsumerAffairs | 1685 reviews | 4.8/5 | None or very few customer complaints |
| Business Consumer Alliance | 1 review | AAA | None or very few customer complaints |
| Trustlink | 254 reviews | 5/5 | None or very few customer complaints |
No Additional Fees. You Only Pay for Storage and Custodian Fees
Goldco have a small initial account step fee, and once you pay it that’s the only payment you’ll make to Goldco directly (not counting the gold and silver purchases you make with them).
The other two fees are custodial fees and bullion storage fees, but the money here goes to services Goldco work with, and not to Goldco themselves.
Click here to go to the section of my Goldco review that talks about Goldco’s fees and pricing.
Customer-friendly Buyback and Refund Policies
Goldco Precious Metals have excellent buyback and refund policies designed to give maximum protection to their customers.
Excellent Customer Service
Goldco have excellent customer service built to support their customers along the way of doing business with this company.
Click here to jump to the part of my Goldco review where I talk about Goldco’s customer support.
Strong Focus on Education
Goldco is not a scam. They’re a legit gold IRA company. One telltale sign of that is that Goldco have a strong focus on educating both their existing and potential customers.
On their website, you’ll find a large helpful blog full of helpful knowledge on precious metals, gold IRAs and economics in general.
Goldco also offer a helpful Wealth Protection Kit which consists of a Printed guide, Audio guide & Video guide, which is plenty of constantly updated info for you to absorb and learn from.
Note: whether you decide to open a gold IRA with Goldco or with another company, always look to see if the company in question is just trying to sell to you, or if they’re also trying to teach you about the pros and cons of investing in gold and silver.
The gold investment companies that try to educate you are almost always legitimate or more legitimate than those just trying to sell to you.
Purchase Gold and Silver Directly From Goldco
Goldco allow you to buy gold and silver bullion outside of your IRA account.
In that case, the precious metals you bought will be shipped to your home (anonymous package and 100% insured during transit) via FedEx.
You can also send the precious metals to your depository of choice;
or your account might qualify for free storage, a service Goldco provides to their customers who fulfil certain criteria.
First-Time Customer Bonuses
Goldco offer bonuses to first-time clients. The bonuses I’m talking about are a complete fee waiver for your first year and up to 10% back on any silver coin purchases (you can get up to $10 000 in free silver).
These bonuses make Goldco unique as most of their competitors don’t offer any freebies to new customers.
Supported By Celebrities
Similar to Augusta Precious Metals who’re supported by Joe Montana, Goldco have the support of Sean Hannity.
Sean is Goldco’s paid ambassador and also one of their satisfied customers.
Goldco Cons (Complaints)
Goldco’s cons and complaints in 2024 are:
- Complaint 1- Limited Refund Options;
- Complaint 2- Limited Payment Options are Available;
- Complaint 3- Hidden Margins (Markup);
- Complaint 4- No Bitcoin IRA Options;
- Complaint 5- Not an Online Gold Dealer;
- Complaint 6- $25 000 Minimum Investment Requirement;
- Complaint 7- No Palladium and Platinum Products;
- Complaint 8- No Mobile App;
- Complaint 9- There is no Pricing of Products on Goldco’s Website;
- Complaint 10- Decent Number of Complaints on BBB
More details about Goldco’s cons and complaints in 2024 are right below.
Complaint 1- Limited Refund Options
Goldco’s refund policy exists, but it leaves much to be desired.
Namely, with Goldco, the only way to get a refund for your precious metals is when said bullion gets stolen or is lost during transport.
In that case, Goldco will either reimburse your money, or they’ll send you replacement bullion of equal worth.
The bottom line is that you can’t request a refund from Goldco, except in some edge cases. Compare that to Augusta Precious Metals’s refund policy where you (as a first-time customer) have 7 days to change your mind and get a full refund.
Learn more about Augusta Precious Metals company by reading my Augusta gold IRA review next.
Complaint 2- Limited Payment Options are Available
Goldce offer very limited payment options when it comes to cash gold and silver purchases. Namely, you can only pay via checks or write transfers.
It’d be great if more payment options were available, for example, PayPal or Bitcoin.
Note: Goldco also let you open a gold IRA account with them. You can fund your gold IRA account by rolling over assets from your existing retirement accounts. For example, 401(k), 403(b), TSP, savings or IRA accounts.
These IRA rollovers don’t incur any tax penalties.
Complaint 3- Hidden Margins (Markup)
Goldco don’t say clearly anywhere on the site what their markup (margin) is on the gold and silver items they stock and sell.
Even though their markup is probably similar to the other gold IRA companies’ it’s still not listed on their website and it’d be great if it was.
Complaint 4- No Bitcoin IRA Options
Goldco is not a Bitcoin IRA company. They’re a strictly gold and silver IRA dealer.
Visit my guide to the best crypto IRA companies next if you’re looking to open a Bitcoin IRA account.
Or read my iTrustCapital review to learn what this excellent crypto IRA company can do for you.
Complaint 5- Not an Online Gold Dealer
Goldco are a precious metals dealer. But they’re not an online gold dealer.
If you want to order gold and silver from Goldco you’ll first need to download their free gold IRA kit and start from there.
Complaint 6- $25 000 Minimum Investment Requirement
Goldco have a $25 000 minimum investment requirement for gold IRA purchases.
$25 000 seems like it’s a lot and for some people it is. But still, $25 000 is just 50% of the minimum investment requirement of Augusta Precious Metals (Augusta is another excellent gold IRA company).
Complaint 7- No Palladium and Platinum Products
Goldco are strictly a gold and silver IRA company, even though both platinum and palladium are IRA-approved precious metals.
This means you’ll need to go to another gold IRA company If you want to fill your gold IRA with platinum/palladium coins and bars.
Note: Goldco are a legit, reputable and trustworthy gold IRA company. If you ask them to supply you with platinum and palladium, you might be positively surprised.
Also, you need to check out Oxford Gold Group if you’re really only interested in getting platinum or palladium bullion as part of your new IRA account, or as physical bullion.
Oxford Gold Group are another very high quality gold IRA company and more important to you, they sell platinum and palladium coins and bars.
Read my Oxford Gold Group review here to learn more about it.
Complaint 8- No Mobile App
Goldco’s website is available on mobile and the site is fully mobile-responsive. However, Goldco don’t have an official app you can install and use on your mobile device.
This is a genuine complaint for some people.
Complaint 9- There is no Pricing of Products on Goldco’s Website
Goldco as a company doesn’t show you the price of their products directly on their website. Instead, to learn the price of the gold and silver items they stock you need to download their free gold IRA kit and then get in touch with one of the company’s sales agents.
Getting in touch is the easy part because they’ll call you over the phone.
Complaint 10- Decent Number of Customer Complaints on BBB
Goldco has gotten a decent number of BBB complaints and negative reviews over the years (accredited in 2011).
They’ve gotten 48 complaints in the last 3 years, and it seems like most of them have been resolved successfully and amicably between the customers in question and Goldco.
The fact that these complaints are all successfully resolved tells me (and you) that Goldco is a legitimate gold investment company.
Is Goldco a Scam or Legit? What are Their Ratings and Scores on Popular Consumer Watchdog Websites?
Goldco is not a scam. They’re a legitimate gold and precious metals dealer operating in the US market.
They have superb scores on popular consumer watchdog websites.
Here’s the breakdown followed by screenshots (with hyperlinks) as proof.
Goldco has an A+ score on BBB with hundreds of 5-star reviews from happy customers.
- BBB- 4.8/5 based on 828 customer reviews.
- ConsumerAffairs– 4.9 out of 5 based on 1685 customer reviews.
- Trustpilot– 4.8 out of 5 based on 1240 customer
- Trustlink– 5 stars based on 254 customer reviews.
- Yelp– 3.4/5 stars based on 14 customer reviews.
- Birdeye- 4.9/5 stars based on 2307 customer reviews.
- Google My Business– 4.9/5 stars based on 2255 customer reviews.
And here are some positive reviews posted on BBB by previous Goldco customers.
Here are some more positive reviews from Goldco’s ex-customers.
What about Goldco’s Negative and Bad Customer Reviews? Do They Exist?
Negative and bad reviews about Goldco exist, but I purposefully didn’t include them un my Goldco review.
Why?
Because a large chunk (not all of them) of them are fake reviews posted to harm Goldco’s reputation.
Remember that Goldco is a gold IRA company doing business in the gold IRA niche. Gold IRA niche is very competitive and unethical marketing practices are common among competitors. Posting fake customer reviews is one such tactic.
I’m not saying all of these bad reviews are fake, but it’s impossible to discern which negative reviews are real and which are fake, so I played it safe by including only positive testimonials here.
If you want to find online negative reviews and complaints about Goldco all you need to do is go to Google or Bing and search queries like “Goldco negative reviews” “Goldco negative review” “Goldco complaints”, “Goldco Direct complaints” “Goldco bad reviews”, “Goldco bad review” “Goldco Precious Metals complaints” and similar.
You can find this info easily, just be aware that the content you’re reading could very well be fake, AI-generated and definitely inaccurate.
You can click here to read about the common complaints about Goldco you need to be aware of to truly make up your mind.
And here are some of the resolved complaints Goldco have gotten on their BBB profile.
You can see how the company is quick to respond to customer complaints and do everything they can to solve them successfully. BBB-complaint-responsiveness is a hallmark of a legitimate business.
Here’s someone complaining on BBB that Goldco for some reason refused to send them the gold IRA info kit. Goldco successfully helped this person.
Here’s someone complaining on BBB that it took Goldco more than 4 months to deliver the silver coins they ordered. Goldco responded and successfully cleared the issued with this customer who’re now satisfied.
Note: please be aware that BBB complaints and negative reviews disappear from the site after 3 years.
If you investigate one of these source links and you see that particular complaint and negative review is no longer there, message me and I’ll update my review of Goldco Precious Metals ASAP.
Goldco Review 2024- Goldco Precious Metals have plenty of positive customer reviews on popular consumer watchdog websites and rarely a complaint and negative review on a platform like BBB. #goldira #silverira #nikolaroza Click To TweetGoldco Lawsuits: Has Goldco Ever Been Sued?
Goldco are one of the best gold IRA companies operating on the US market.
They’re a legitimate business that people rave about online.
However, Goldco has been involved in at least two lawsuits so far, and I detail them below.
Lawsuit 1- Goldco Direct, LLC v. Wilson
Goldco Direct, LLC v. Wilson (2018-2021): this is not a lawsuit against Goldco. Instead, Goldco filed this lawsuit against a former employee and his wife, who allegedly created a website that defamed Goldco.
Goldco won this lawsuit and was awarded damages. You can find the court documents for this case on the Casetext website.
Lawsuit 2- GOLDCO DIRECT VS MARQUIS JACKSON
On July 6th, 2018, Goldco Direct initiated a residential eviction lawsuit against Marquis Jackson. This legal case was filed with the Los Angeles County Superior Courts, specifically at the Pasadena Courthouse located in Los Angeles, California.
The judge assigned to oversee this eviction case was Judge Annabelle G. Cortez. The current status of the case is that it has been disposed of, with a judgment having been entered.
Lawsuit 3- Patricia Clark Plaintiff vs. Goldco, LLC Defendant
Patricia Clark, the plaintiff, initiated a legal proceeding categorized as “Other” against Goldco, LLC, the defendant, on July 14, 2014. This lawsuit was filed in the Circuit Courts of Broward County, specifically at the Broward County Central Courthouse located in Broward, Florida. The case was overseen by Judge William W. Haury, Jr. Ultimately, the case reached a conclusion and was dismissed, resulting in a “Disposed – Dismissed” status.
Lawsuit 4- Jodi Judson v. Goldco Direct, LLC
On August 6, 2019, Jodi Judson, the plaintiff, initiated a legal proceeding categorized as “Other” against Goldco Direct, LLC, the defendant. This lawsuit was filed in the U.S. District Courts, specifically the California Central District Court. The case is being overseen by Judges Paul L. Abrams and Philip S. Gutierrez. Currently, the case status is listed as “Pending – Other Pending,” indicating that it is still ongoing and awaiting further developments or resolution.
Please understand that just because Goldco has been involved in a couple of lawsuits it doesn’t mean they’re a scam.
Goldco is a legit gold IRA provider with years of experience in helping Americans diversify their portfolios with precious metals.
Any successful business that has existed for years is bound to eventually attract a lawsuit or two. That’s just the nature of being a successful business.
Goldco lawsuits explained- has this gold IRA company ever been sued? #goldira #silverira #gold #silver Click To TweetGoldco Precious Metals Review 2024- Scam or Legit (FAQ)?
What Does Goldco Do?
Goldco is a gold and silver IRA company.
“Goldco is committed to helping Americans achieve greater financial security by providing effective solutions that can help protect their wealth. We believe that precious metal ownership is an important part of your overall retirement savings strategy.”
Is Goldco the Biggest Gold Dealer in the World?
Goldco is not the biggest gold dealer in the world. That said, they are one of the largest gold dealers operating in the US market and they’ve sold more than 2 billion worth of gold and silver.
And they continue to thrive as a company.
Is Goldco a Reputable and Trustworthy Gold IRA Company?
Goldco is a reputable and trustworthy gold IRA company.
They have superb scores on popular consumer watchdog websites (click here to jump to the section of my review that shows those scores), and they’ve won the Stevie Award for Company of the Year at the 19th Annual American Business Awards in 2022.
Goldco were also named to Inc. 5000 fastest-growing private companies.
Bottom line– Goldco is a reputable, trustworthy and legit company. They’re not a scam.
When Was Goldco Precious Metals Founded?
Goldco was founded on October 7, 2006 by Trevor Gerszt.
Who is the CEO of Goldco Precious Metals?
The CEO of Goldco Precious Metals is Trevor Gerszt.
Do Goldco Precious Metals Sell Platinum Bars and Coins?
Goldco don’t sell platinum bars and coins.
However, Goldco Precious Metals are a legitimate gold IRA company.
If you ask them directly whether they sell platinum or not, they might tell you they can procure it for you even though platinum products are not displayed on their website.
Give it a try!
If you’re interested in specifically in opening a platinum IRA account then you can check out my Advantage Gold review here.
Advantage Gold are a reputable and legit gold investment company that can help you buy platinum coins and bars.
Do Goldco Precious Metals Sell Palladium Bars and Coins?
Goldco don’t sell palladium bars and coins.
However, Goldco Precious Metals are a legitimate gold IRA investment company.
If you ask them directly whether they sell palladium or not, they might tell you they can procure it for you even though palladium products are not displayed on their website.
Give it a try!
Do Goldco Precious Metals Sell Rhodium Bars and Coins?
Goldco Precious Metals don’t sell rhodium bars and coins. This means you can’t add rhodium bullion to your IRA via Goldco Precious Metals.
Also worth noting is that rhodium are products are not IRA-approved.
Do Goldco Sell Copper Bars and Coins?
Goldco don’t sell copper bars and coins. Copper is not an in-demand metal and rarely a gold IRA company sells it.
Note: JM Bullion are a rare precious metal dealer that offers copper bullion (copper coins, bars and even bullets made of copper).
You can read my JM Bullion review here.
Is Goldco Precious Metals a Bitcoin IRA Company?
Goldco Precious Metals are not a Bitcoin IRA company. I know because I used a site operator to check their site and the results showed me that Goldco don’t see Bitcoin IRAs.
I specifically talk about this because there are some sites promoting non-existent Goldco’s Bitcoin IRAs.
Take a look:
Do Goldco Precious Metals Offer Free Silver on Qualified Gold Purchases?
Goldco offer free silver on qualified gold IRA purchases.
However, there are some requirements you need to hit to be eligible to receive the gift of free silver.
If you open a gold IRA account with Goldco in the range of $50,000 – $99,999 you’ll get 5% of the value of your account in free silver.
If you open a gold IRA account with Goldco in the range of $100,000 or more, you’ll get 10% of your investment in the form of free silver.
Do Goldco Precious Metals Offer a Refund Guarantee?
Goldco offer a refund guarantee to potential customers.
Goldco’s refund policy is that in case your precious metals shipment is lost during transit Goldco will either refund your money or send another batch of equal value to your address, or to your chosen custodian.
Will the People from Goldco Push Me To Buy From Them?
People from Goldco will not push you to buy anything from them.
They will present the facts to you, and give you the pros and cons of owning physical gold and silver or opening a gold IRA with them.
But the investing decision will be left up to you and your financial advisor.
Do Goldco Direct Offer Price Protection Program for their Customers?
Goldco don’t offer price protection program for their customers. I searched their entire website and couldn’t find a trace of it.
Since offering price protection to their customer is a good thing I assume it’d be displayed prominently on Goldco’s website.
If you want that kind of customer protection your best bet is Augusta Precious Metals. Augusta have a price protection program where if the price of a premium metal drops within seven days of purchase, Augusta will reprice the order at the lower price.
Do Goldco Precious Metals Offer an Accumulation Program You Can use?
Goldco don’t offer an accumulation program you can use for gradual investment.
Goldco Precious Metals is not for everyone and they specifically cater to those people who can afford to set aside $25 000 to buy gold and silver as part of their new gold IRA account.
Which Precious Metal Products Can You Buy At Goldco Precious Metals?
The precious metals you can buy at Goldco Precious Metals are:
- Common and IRA-aproved gold bullion (coins and bars).
- Common and IRA-aproved silver bullion (coins and bars).
Note: click on any of the jump links to see faster which coins Goldco Precious Metals stock and offer.
Common and IRA-Approved Gold Bullion
- Gold Innovation | Motor Vehicle;
- Gold Innovation | Space Shuttle;
- Gold USS Texas;
- Gold Great Barrier Reef | Stingray;
- Gold American Bald Eagle;
- Gold Washington Monument;
- Gold Australian Sea Turtle;
- Gold Independence Hall;
- Gold Phoenix;
- Gold Liberty;
- Gold Valor;
- Gold Australian Striped Marlin;
- Gold Freedom;
- Gold Freedom & Hope;
- Gold Lucky Dragon;
- Gold Australian Saltwater Crocodile;
- Gold British Lunar Series;
- Gold Maple Leaf;
- Gold Military Guinea;
- American Gold Buffalo;
- Gold American Eagle;
- Gold American Eagle Proof;
- Gold Bars.
Common and IRA-Approved Silver Bullion
- Silver Innovation | Motor Vehicle;
- Silver Innovation | Space Shuttle;
- Silver Great Barrier Reef | Stingray;
- Silver American Bald Eagle;
- Silver Land | Defenders of Liberty;
- Silver Land of The Free | Bison;
- Silver Columbus;
- Silver Remembrance Day;
- Silver Littoral Battleship;
- Silver Liberty Bell;
- Silver Mighty Mo;
- Silver Wright Flyer;
- Silver The Grand Canyon;
- Silver We The People;
- Silver USS Texas;
- Chuck Norris;
- Silver Lone Cypress;
- Silver Washington Monument;
- Silver Survivor Tree Coin;
- Silver First Moon Landing;
- Silver Mayflower;
- Silver Valor;
- Silver Land of the Free – Bald Eagle;
- Silver Lincoln Memorial;
- Silver Liberty;
- Silver Veteran;
- Silver Australian Sea Turtle;
- Silver Phoenix;
- Silver Military Guinea;
- Silver Australian Spotted Eagle Ray;
- Silver Freedom & Hope;
- Silver Freedom;
- Silver World War II Victory;
- Silver Australian Striped Marlin;
- Silver Great Barrier Reef;
- Silver Dragon;
- Silver Australian Saltwater Crocodile;
- Silver World War I;
- Silver Britannia Lunar Series;
- Silver Maple Leaf;
- Silver 20th Anniversary Britannia;
- Silver American Eagle;
- Silver American Eagle Proof;
- Silver Bars.
Will Goldco Precious Metals take a Percentage of My Investment as Fees for their Services?
Goldco will not take a percentage of your investment as fee for their service.
Instead, Goldco gets paid only during the purchase of precious metals you order from them.
The company is able to source silver, gold and other precious metals at wholesale cost through their global network of connections. Then they sell metals to their customers at a competitive retail price (depending on current precious metals market price).
The company’s profit is found in this spread between their buyer price and the retail price of gold, silver, platinum, and palladium bars and coins.
Best Goldco Direct Precious Metals Alternatives
Goldco is a legitimate gold IRA firm helping Americans for years (founded in 2006) diversify their portfolios with precious metals, especially gold and silver.
You probably won’t do wrong if you decide to do business with them, as plenty of happy customers can attest.
That said, here are some the best Golddo alternatives if you’re looking for a different gold IRA company to do business with.
- Augusta Precious Metals– read my Augusta Precious Metals review and guide next.
- American Hartford Gold– read my American Hartford Gold review and guide next.
- Birch Gold Group– read my Birch Gold Group review here.
- Noble Gold Investments– read my Noble Gold Investments review here.
- Bishop Gold Group– read my Bishop Gold Group review here.
- iTrustCapital– iTrustCapital is a Bitcoin IRA company, but they also sell precious metals. Read my iTrustCapital review here.
I’m regularly updating my reviews mentioned above so go ahead and read one if you don’t intend to do business with Goldco Precious Metals.
Goldco Lawsuit, Complaints and Reviews Guide- Is Goldco a Scam or Legit (Conclusion)?
My Goldco review for 2024 is over.
Goldco is an excellent and legit gold and silver IRA company. They’re neither a scam not a pyramid scheme. They barely have any complaints about them and they have only a handful of lawsuits filed against them in the past.
If you have experience with this company, share it in the comment section below.
Think Goldco is a scam? Also, post your reason for thinking that in the comment section below.
Goldco Review 2024- Is Goldco Precious Metals a Scam or Legit (Complaints and Lawsuits Included)?
Goldco Precious Metals is one of the best gold IRA company operating in the US. Helpful customer support, low account fees, and a breeze of a process make Goldco an excellent choice for any American saver or investor looking to diversify their portfolio with precious metals, especially with gold and silver.
Product Brand: Goldco Precious Metals
Product Currency: USD
Product Price: 230
Product In-Stock: InStock
4.7
And read these reviews next:
- American Hartford Gold Review 2024- Scam or Legit (Complaints and Lawsuits)?
- Allegiance Gold Review 2024- Scam or Legit (Complaints and Lawsuits)?
- Preserve Gold Review 2024- Scam or Legit (Complaints and Lawsuits)?
- iTrustCapital Review 2024- Scam or Legit (Complaints and Lawsuits)?
Nikola Roza
Nikola Roza is a blogger behind Nikola Roza- SEO for the Poor and Determined. He writes for bloggers who don't have huge marketing budget but still want to succeed. Nikola is passionate about precious metals IRAs and how to invest in gold and silver for a safer financial future. Learn about Nikola here.
Hi Nikola, I’m thinking of ordering some gold from Goldco. Will they insure my package so it doesn’t get lost or stolen?
Hi Nurjanah,
yes Goldco insure all packages they send to customers (usually sent via FedEx)
According to them
I’m still quite frustrated by my experience trying to invest in precious metals with Goldco. I feel I wasn’t given enough upfront information or details before being asked to make decisions on what type of bullion to purchase. When I selected the category of bullion and then saw the invoice, I was caught completely off guard by the total cost it was much higher than I had anticipated.
When I tried asking questions to understand where these charges were coming from, the answers felt very rushed. The staff responded with all these math calculations that I simply didn’t grasp. It came across like they were talking down to me by showing off all this math rather than taking the time to clearly explain the costs. I know Goldco are not a scam gold IRA company, I’ve read enough honest customer reviews to know this. But still, I was left feeling condescended and confused, which was upsetting given the large investment I wanted to make to secure my future.
Hi Tony,
thank you for leaving your honest review of Goldco Precious Metals. Yeah, Goldco is not a scam. They’re a legit gold IRA company that does good work for their customers. However, they could always be better and one area of possible improvement is their customer service. The person you talked to obviously didn’t understand that you were a mere newbie looking for info.