When we are on the subject of IRAs, especially gold IRAs, we need to talk about some of the best precious metal companies, like Goldco, that provide exceptional services for investors looking to purchase gold, silver, and other precious metals. Read on for our complete Goldco review to learn how this company became a leader in the precious metals industry.
Goldco Company Overview
Goldco is a California-based privately-owned company that deals in retirement savings management. They have a Precious Metals IRA program and knowledgeable advisors and specialists that can guide you through the entire process. Goldco enjoys a stellar reputation and is endorsed by notable media figures like Sean Hannity, Chuck Norris, Ben Stein, Pete Stew, and more.
Here are the main Goldco facts:
- Established: 2006
- Seated: Woodland Hills, California
- Minimum Investment: $25,000
- Annual Fees: $80 + storage
- Features: Precious Metals IRA management
- Products: IRS Approved Gold, Silver, Platinum, and Palladium coins and bars
- BBB Rating: A+
- Special Offer: 10% Back in Free Silver for new clients
Why Is Goldco Among the Best Gold IRA Investment Companies?
After reviewing and testing the Goldco features, we were satisfied with the findings, as the company made excellent results across the board. Their services are diverse, but their main focus is on services for investors and management of precious metals IRAs. They also provide services in selling and buying precious metals and have a market system to help their clients.
Goldco focuses on providing all-encompassing services and impressive customer support to facilitate the entire retirement investment process for its clients. They have teams of specialists and advisors that make the whole process smoother for both parties. They provide advice, education, and resources for all their clients, which is why they’ve earned their impressive reputation.
Goldco enjoys a stellar reputation, with over 2.5K positive reviews and almost no negative ones, which proves that our conclusions were spot-on. It helps that the company is recommended by media leaders, and rightfully so.
Goldco Services and Coins
The primary Goldco services are Precious Metals IRAs and the sale of precious metals. The company has both Gold and silver IRAs for their clients, and they have a simplified process for starting a gold or silver IRA.
Their clients can expect full-service treatment with access to their specialized advisors, that provide all the knowledge one may require to make an informed decision. Since investing in precious metal IRAs has become increasingly popular, Goldco has kept in line with the changing trends and has remained on the cusp by providing excellent programs for its clients. They provide the following IRA-eligible coins:
| IRA-Approved Gold | IRA-Approved Silver |
| Gold American Eagle | Silver American Eagle |
| Gold American Eagle Proof | Silver American Eagle Proof |
| Gold Liberty | Silver American Bald Eagle |
| Gold Phoenix | Silver Australian Spotted Eagle Ray |
| Gold Independence Hall | Silver Australian Striped Marlin |
| Gold Australian Sea Turtle | Silver Australian Sea Turtle |
| Gold Valor | Silver Great Barrier Reef |
| Gold Australian Striped Marlin | Silver Lincoln Memorial |
| Gold Maple Leaf | Silver Liberty |
| American Gold Buffalo | Silver Phoenix |
| Gold American Bald Eagle | Silver Mayflower |
| Gold Military Guinea | Silver Valor |
| Gold Freedom | Silver Military Guinea |
| Gold Freedom and Hope | Silver Maple Leaf |
| Gold Lucky Dragon | Silver Lucky Dragon |
| Gold Australian Saltwater Crocodile | Silver 20th Anniversary Britannia |
| Gold British Lunar Series | Silver Freedom and Hope |
| Gold Bars | Silver Freedom |
| Silver Land of the Free – Bald Eagle | |
| Silver Australian Saltwater Crocodile | |
| Silver World War I | |
| Silver World War II Victory | |
| Silver Veteran | |
| Silver Britannia Lunar Series | |
| Silver Bars |
Buying Gold and Silver through Goldco.com
Besides the precious metal IRAs, Goldco also provides the option to buy gold and silver coins and bars. Among the many gold and silver IRA-approved coins and bars we’ve listed above, they also have a commemorative coin called Chuck Norris’s “Five Principles,” the only non-IRA eligible coin sold by Goldco at this time.
The coin was struck by the New Zealand Mint with a face value of $2 Niue. The front of the coin is engraved with Chuck Norris’ five principles for life: Faith, Family, Fitness, Freedom, and Fight, while the back has his face; the coin comes in a wooden display box and a Certificate of Authenticity.
How to Invest with Gold Co?
Goldco is run by experienced people, and they’ve ensured all their dealings are within the IRS guidelines. They also have a buyback program, where the company buys back the precious metals from the clients once they start using its distribution method. Goldco does not have its custodian or storage solutions, which is why they cooperate with a range of such companies, essentially, providing a full-service option for its clients.
How to Start a Goldco Precious Metals IRA?
Goldco has been in the precious metals IRA business for over 15 years, and the company has honed its skills when it comes to providing helpful services, and they’ve made a simplified 3-step process:
- Opening an IRA – Goldco has a simple form you fill out and open your Precious Metals IRA, after which a company representative will guide you through every following process.
- Fund the Self-Directed IRA – Goldco allows you to fund your precious metals IRA by rolling over assets from your other retirement accounts like your 401(k), 403(b), TSP, savings, or other TRA accounts.
- Purchase Precious Metals – after your account holds sufficient funds, you can select which precious metals you wish to purchase and add to your precious metals IRA.
Goldco Pros and Cons
When we did our research into Goldco, we also created the following list of pros and cons about the company and its services:
Pros:
- Excellent customer service
- Precious metal IRAs
- Beginner-friendly approach
- Knowledgeable and friendly staff
- Sale of Gold, Silver, Platinum, and Palladium
- 10% Back in Free Silver coins for new clients
- Fees waived for the first year
Cons:
- High $25,000 minimum investment
- Only gold and silver IRAs
- No custodian or storage services
The Bottom Line
Goldco is a true gem in the precious metals IRA industry, as the company has an impressive reputation when it comes to providing services and features for its clients. They have excellent plans and services and provide the purchase and sale of all types of IRA-eligible gold and silver coins. The company also impresses with its customer service, timely answers, and top-notch advisors, which is why so many prominent people have recommended Goldco’s services.