Goldco Review


by Grant HEnson

*The owners of this website may be paid to recommend some precious metals companies. The content on this website, including any positive reviews of these companies and other reviews, may not be neutral or independent.

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Expert Review

Among the endless options of companies for gold investment, Goldco is the best choice in 2024. But what makes it stand out above the competition? 

In this article, I explore what sets Goldco apart as the most trusted and popular precious metals investment companies. With my decades of experience in the precious metals industry, I will demonstrate what makes Goldco a top player in the market.

Investing in precious metals can be a huge decision, which requires careful consideration of the potential of the assets you add to your portfolio. So it’s important that you opt for the best partner that meets all your investment needs. 

What Do Others Say About Goldco?

While there are a lot of precious metals companies making promises with fancy websites and huge lists of products and services, that’s not enough of a reason to trust them with your money. As the saying goes–all that glitters is not gold–it's important to consider what a company’s customers say about them.

Thankfully, Goldco makes no vain promises. Instead, the company is endorsed by popular and highly trusted media personalities among its fan following, including Sean Hannity and Chuck Norris. 

From my research, I learnt that both of them have personally invested with Goldco, as well as recommended the company to their friends, family, and followers. As media personalities that value precious metal investments, this recommendation plays a huge role in proving Goldco’s credibility.

Goldco Ratings

While popular personalities have great experiences with a company, that doesn't necessarily mean that the everyday investor will encounter the same. That's why it's important to look at reviews from other investors online. This is where I found Goldco worthy of the praise it receives, compared to other precious metals companies

While Goldco is not free from customer complaints and negative reviews, they truly excel in addressing these concerns and ensuring a positive customer experience. From what I explored, most complaints about the company are related to unsolicited calls and limited information about their free silver promotion. But Goldco makes it a priority to resolve every issue raised. 

Even regarding complaints where customers expressed concerns about incorrect coin valuations, Goldco went the extra mile by offering to buy these coins back at a generous price. With my vast experience investing in the same landscape, I find that Goldco is one of the few companies that emphasizes resolving all customer concerns. 

Rest assured, Goldco is always there for you when you need assistance, demonstrating a genuine dedication to providing top-notch service.

Apart from the negative reviews, I also looked into the online ratings Goldco has received from some of the top business reviewing platforms. You can refer to the table below for these online ratings:

Consumer Protection Agency

Rating

Number of Reviews

Complaints in Past 12 Months

Better Business Bureau (BBB)

A+

672

19 complaints closed

Business Consumer Alliance

AAA

1

1 complaint closed

TrustPilot

4.8/5

1,238

6 negative reviews

Consumer Affairs

4.9/5

1,684

4 reviews that are below 4-star

What Makes Goldco Stand out?

As a reputable company established in 2011 in Los Angeles, Goldco boasts a wide array of services that helps to consistently grow their list of satisfied customers. 

The company offers a wide range of benefits, including real-time updates on gold and silver market prices and government-approved pure precious metals. To add to it, they also provide the option to invest in IRA-approved gold and silver bars of various weights.

Let’s now discuss some of the best services that Goldco has to offer:  

Professional Assistance

As a reliable and experienced custodian for thousands of happy customers, Goldco brings extensive understanding and experience to the market. This means you can make more informed investment decisions by consulting with their team of professionals.

Precisely, the company focuses on educating clients about the benefits of rare metals IRAs so customers can make smart decisions. In my personal experience reaching out to Goldco to discuss my investment options, I enjoyed seamless and informative customer service. 

Goldco not only guided me through the available investment options but also ensured that I fully understood how my investment decision would positively impact my financial future. I could tell that I was communicating with a team of dedicated professionals who prioritized my long-term benefits.

User-Friendly Website

Goldco's website employs a user-friendly interface which is easy to navigate and relays information in a way that is easy to understand. Even for beginners to the precious metal investment industry, you will be able to educate yourself through the company's in-depth knowledge that they convey to customers.

Moreover, their free precious metals investment guides are valuable resources that help you dive deeper into gold-backed and silver-backed IRAs. They help in clearing up misconceptions, and provide answers to your gold investment related questions. With Goldco's commitment to giving detailed explanations and personalized assistance, their website becomes the ideal place for both newcomers and seasoned investors to explore the world of precious metal investments.

Buyback Guarantee

With Goldco's Buy Back service, investors can feel confident and safe about the valuable metals they buy. As you peruse the various precious metals the company offers, you can rest assured that Goldco guarantees a Buy Back program at the highest price. With thorough research and an extensive track record in the precious metals sector, I have realized that having the option to sell your assets back to the company brings great mental and financial ease in rough times. If your situation changes, you can easily sell back the assets you bought, at the highest rates. 

Whether you choose to invest in gold, silver, platinum, or palladium, Goldco stands by its promise to offer the best possible buy-back prices. This may be one of the primary reasons for Sean Hannity's endorsement of Goldco — the fact that they offer opportunities you don't want to turn down.

How to Invest With Goldco?

With so much investment ease, support, and options coming to your plate with Goldco, you might be wondering how you can start investing with the company. To help you out, here’s a step-by-step guide on how to invest with Goldco. 

Step 1: Open Your IRA Account

The first step is to open an IRA account with Goldco. From what I have experienced, Goldco has one of the most seamless and hassle-free processes. How exactly? The company’s supportive team handles all the paperwork and formalities for you while keeping you updated throughout the process. This assistance and transparency are appreciated when you are investing your hard-earned money with Goldco. 

Step 2: Fund Your IRA Account

You can finance your Precious Metals IRA by rolling over assets from existing retirement accounts such as 401(k), 403(b), savings, TSP, or other IRA accounts.

Step 3: Choose Your Precious Metals

After you've funded your Precious Metals IRA account, you can choose the precious metals you wish to put in your account, such as gold or silver coins or bars.

The decision-making power lies entirely in your hands as you explore Goldco’s catalog of coins and bars. Here, it’s worth noting that all of the precious metals Goldco offers are approved for purity, IRA eligibility, and minter, so you can invest without any concerns. 

Step 4: Sign the Contract

Lastly, the company will share investment-related contracts and documents with you. These documents will secure the assets you buy from Goldco under your name, while ensuring that you agree to Goldco's business terms.

Pros & Cons

Pros

  • The company specializes in Gold and Silver IRAs to provide real assets for those that want to secure their retirement money
  • Thousands of 5-star reviews indicate high levels of customer satisfaction and trust in the company
  • Bonus silver as a proportion of the initial investment is offered to qualifying accounts
  • Features a comprehensive range of Gold and Silver coins to suit various investors’ tastes and financial goals
  • Goldco offers one of the industry's highest buy-back guarantees
  • Latest news and articles to keep you updated about the industry
  • All coins and bars are certified
  • Goldco boasts an active, highly responsive, and professional customer service

Cons

  • Pricing information is difficult to locate before signing up
  • There is no information on storage or custodian fees
  • Goldco requires a minimum $25,000 commitment for gold IRAs. This excludes the option for smaller investors to partner with the company.

Conclusion 

Goldco is one of the most trusted businesses in the precious metal investment field. On BBB, Consumer Affairs, and TrustPilot, there are more than 500 good reviews and only a few negative ones. This backs up the company’s emphasis on providing the best service and precious metals investment assistance to all its customers. 

Based on my extensive experience in the precious metals industry, I believe it is important to carefully analyze the negative criticism and investment process before partnering with a company. Likewise, make sure to properly research the investing process and opportunities presented by Goldco before deciding whether or not you want to invest with them. 

I hope this in-depth analysis of Goldco will help you make a more informed investment decision. If you would like to consider other companies, have a look at my article on the best precious metal investment companies.

Frequently Asked Questions

Can I trust Goldco?

Yes, you can. Since Goldco not only has outstanding celebrity endorsements but is also reviewed with an A+ rating by BBB, it's safe to say that Goldco is a credible company that focuses on providing the best services to its customers.

Can I sell my gold once it is in my gold IRA account?

Yes, Goldco offers one of the highest buy-back guarantees for selling gold or silver from your precious metals IRA account. You can receive an immediate offer at better-than-market prices on the precious metals you purchase in partnership with the company. 

Can I store my precious metals at home?

No, the IRS prohibits holding silver or gold IRA precious metals at home or in a safe-deposit box. This means you must store your gold and silver in an insured depository until you can withdraw or sell them. However, you can store metals without an IRA in a safe or safe deposit box to keep them safe.

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