Goldco Precious Metals Review: What makes it a good choice?

Goldco Precious Metals is a gold IRA company based in Los Angeles, California that earned a stellar reputation for its lofty ethical standards, exemplary customer service, and a plethora of precious metal educational resources intended for new investors. These factors have made the company a preferred choice of investors.

Goldco’s impeccable reputation may encourage you to assume that they are the gold IRA company you need. Before investing with them, it is wise to read this Goldco review first to find out if the company has what it takes to meet your precious metal needs. Some gold IRA companies are geared toward handling big investors and some are angling for new investors.

 
As a point of comparison, you can also explore other gold IRA companies like Augusta Precious Metals which is also recognized as one of the best gold IRA companies in the United States. You can read our Augusta Precious Metals Review for more information on the co

Goldco Company Background

Goldco was established in 2006 by the company's CEO Trevor Gerszt, who wanted to provide American investors with the best options to protect their investments against inflation and stock market volatility.

 
Gerszt shared in an interview with Authority Magazine that he used to receive silver coins during his birthdays and holidays when he was younger. As he got older, he noticed his father was not making sound financial decisions for their family. As a result, he made a career in finance, specializing in precious metals as influenced by his fascination for the coin gifts he received during his childhood. He has since carved a name for himself in setting up one of the most trusted gold IRA companies valued for its service in educating its investors in wealth preservation.

Goldco Precious Metals is a legit company. In fact, Goldco amassed a lot of accolades from prominent business organizations and customer review websites that prove Goldco is a legitimate company. Here are some of Goldco’s ratings and customer reviews that solidify its status as a legitimate gold IRA Company:

Goldco is unique because it has experienced unprecedented business growth in the previous years, so much so that the company has tripled its staff complement last year to efficiently address the growing market. Goldco is currently one of the leading gold IRA companies in the country, with over $1 billion worth of gold and silver placements made since it started in 2011.

Goldco’s customer rave reviews were mainly about customer service. Most of these positive reviews praised how knowledgeable account representatives were in giving financial advice on how investors could make the most out of their investments. Customers also liked that the process for opening a precious metals IRA was uncomplicated and fast. They also like that there’s a Goldco specialist easily accessible when they had inquiries or things they needed to clear.

Here are some screenshots of these positive reviews from the different customer platforms.

Chuck Norris and Sean Hannity endorse Goldco Precious Metals along with media personalities Ben Stein and Stef Peeters.

Goldco Products and Services

Goldco makes money by offering services in managing precious metal IRAs and selling physical gold and silver. Specifically, they help with:

Goldco’s Gold IRA Fees

The minimum investment for a Goldco gold IRA is $25,000, with a few fees for their services. Their fees include these charges:

Customers may segregate their gold and other precious metals in a separate vault but for a slightly higher cost. Customers buying physical gold are also given depository service options to keep their gold secure and also in compliance with IRS regulations prohibiting the storage of precious metals at home. Learn more about the Biggest Danger with Gold IRA Physical Possession in our article, to better understand why depositories are necessary.

The Delaware Depository handles Goldco’s storage service, an IRS-accredited depository favored and partnered with by most gold IRA companies.

Goldco’s Gold and Silver Selections

You can buy physical gold or silver from Goldco outside of gold IRA transactions. Goldco has a variety of gold and silver coins, bars, and bullion available for purchase. Their selection includes IRS-approved coins and bars for gold IRA transactions and physical purchases and quite an extensive selection of

Here are Goldco’s currently available gold and silver stocks that include their collections from Australia and New Zealand:

You can buy physical gold or silver from Goldco outside of gold IRA transactions. Goldco has a variety of gold and silver coins, bars, and bullion available for purchase. Their selection includes IRS-approved coins and bars for gold IRA transactions and physical purchases and quite an extensive selection of

Here are Goldco’s currently available gold and silver stocks that include their collections from Australia and New Zealand:

Investors can dispose of gold investments through Goldco’s buyback program, which helps clients sell their physical gold coin collections or distribute their Goldco Precious Metals IRA.

Goldco’s Disclaimer

Goldco has a disclaimer on its website that covers risk disclosures that investors should read before they finally accept a Goldco offer for a precious metal IRA. The disclaimer is meant to manage investors' expectations of how their investments will progress under the guidance of the Goldco service team.

 
Investments fluctuate; by the time they get redeemed, there is no guarantee that they will cost more than the original investment. Customers are encouraged to read resource materials before investing and should understand that there will always be a degree of risk in any investment.

In seeking advice for a Goldco IRA, customers should provide accurate information on their financial goals and status to ensure that they are given appropriate recommendations based on the information they provide.
Goldco also expressed that they are not licensed financial experts, nor do they give financial advice.

Customers are also advised to seek the counsel of a lawyer or tax advisor for any specific legal or tax advice.

Conclusion

After looking at Goldco as a company, its fees, products, and services, it is clear why Investopedia has named Goldco Precious Metals as the best gold IRA company for 2023 in terms of customer support. The customers have given them positive reviews for their capable customer support team which earned them impressive ratings on business rating sites.

 
To summarize, here are Goldco's pros and cons:

Have you decided on investing with Goldco Precious Metals? If not, there are other gold IRA companies you can still check out, based on Investopedia’s “Best Gold IRA Companies for 2023:”

Take advantage of all the investment information available to ensure that your money will be spent on a legitimate gold IRA company. It will also help to read our article on Gold IRA Scams to know what red flags to avoid when choosing investments to include in your portfolio.