Goldco Review 2022

When you finally reach retirement age, you should be able to kick back, relax, and take it easy for the rest of your life. Changing your traditional IRA into a gold IRA and making investments in precious metals that hold their value are the two most important things you can do to make this goal a reality.

However, not all gold IRA companies are the same, which is why we did some research and saw that Goldco Reviews were overwhelmingly positive. Let’s get more information about this company, shall we?

GoldCo Precious Metals is a financial services provider that offers investments in gold and silver. Ed Poplawski, who has been in the industry since 1974 and whose headquarters are in Pennsylvania, is credited with having established the company.

GoldCo has all of the necessary licenses and insurance to sell precious metals because it is a member of the Better Business Bureau and has received an A+ rating from that organization.

GoldCo also offers its customers the opportunity to participate in an affiliate programme, through which they can earn commissions on sales made by people they refer to the company.

Goldco Review Is Comprised Of What?

Goldco is a company that is committed to offering customers goods and services of the highest possible quality at all times. They have been in operation for a considerable amount of time and have amassed a significant amount of experience in the market.

Since the company maintains operations in a number of different cities across the United States, it is able to deliver its goods and services to the vast majority of the country with relative ease.

They are well-known for the speed of their delivery times as well as the quality of their products. This company has been receiving positive feedback from the vast majority of customers who have used their services over the course of the many years that it has been in business, which has led to an increase in the number of people using its offerings.

The company provides a wide variety of goods and services, such as those related to home improvement, automotive repair, construction supplies, plumbing supplies, plumbing contractors, roofing contractors, and many others.

An analysis of Goldco in “One Sentence” format:

Goldco provides customers with a straightforward and advantageous method for purchasing metals that is devoid of any unnecessary hassle. If you are self-motivated enough, however, you can open your own individual retirement account (IRA) and transact business directly with dealers of precious metals without having to pay any annual maintenance fees or meeting a yearly quota requirement.

GoldCo Precious Metals is an acronym for what?

The following are some of the advantages of purchasing gold through GoldCo:


You have the option of buying gold either online or over the phone, and you have access to customer service representatives around the clock who will answer any questions you have and guide you through the various purchasing options.


Since GoldCo has been operating for more than 40 years, you can feel comfortable entrusting them with your financial matters. Additionally, they have an excellent A+ rating with the Better Business Bureau, of which they are a member.


GoldCo provides prices that are competitive on all of the products that are sold through their website, in contrast to other businesses that charge high fees for their services.

Overview of Goldco Company

Individual Retirement Accounts in gold and silver are Goldco or Goldco Precious Metals’ area of expertise as a company (IRAs). When it comes to protecting assets and wealth in the United States, this privately held company is consistently ranked as one of the best options available.

In 2006, the company was initially established as Gerson Financial Group LLC. At first, the company concentrated on selling precious metals to other businesses. In 2011, Trevor Gerszt made the acquisition, after which the company became known as Goldco Direct. Goldco Precious Metals was ultimately settled on as the brand name after some time had passed.

This company, which is based in California, assists individuals in safeguarding their retirement funds by converting an individual retirement account (IRA), 401(k), or 403(b) into a precious metals-backed IRA. It has expanded its primary service, which is selling gold and silver to people looking for a solid investment, by offering precious metals IRAs. This has allowed the company to attract more customers.

It has 16 years of experience in the world of financial investing, and it has never wavered from its commitment to safeguard the retirement savings of Americans by utilising the security provided by precious metals. Goldco ensures the safety of your retirement funds while also contributing to their growth, as demonstrated by their ratings of Triple A from the Business Consumer Alliance (BCA) and A+ from the Better Business Bureau (BBB).

The exceptional performance of Goldco as well as its high trust ratings were recognized by a variety of business organizations as well as business publications. In the greater Los Angeles area, the Los Angeles Business Journal ranked it as the seventeenth fastest-growing company overall. Inc. Magazine ranked Goldco as the third fastest-growing financial services firm in the United States all the way back in 2015. This honor was bestowed upon Goldco in 2015.

It was named Company of the Year at the 2021 American Business Awards, which the company went on to win. Publicly endorsing and supporting the company’s initiatives to educate people about the benefits of gold and silver investment, celebrities such as the American talk show host Sean Hannity have done so.

Goldco Gold IRAs: An Explanation of How They Operate

Goldco, which has experience in the gold IRA industry dating back more than a decade, is doing an excellent job of shielding their customers’ retirement accounts from the effects of inflation and the volatility of the stock market by providing precious metals as backing for the accounts. It is in line with the vision and mission of the company to offer products that are more stable than the United States Dollar.

In spite of economic downturns and a general decline in the value of fiat currencies like the dollar and others, the purchasing power of gold has remained relatively unchanged. Your nest egg can never be in danger so long as you have gold or other precious metals in your retirement account.

It has thousands of happy customers who can vouch for the quality of the services that the company provides. One thing is certain, and that is that a Goldco Precious Metals IRA is an investment that is both prudent and secure. Your precious metals, such as gold or silver, are kept in a custodian company and safeguarded in modern vaults, just like the rest of your IRA assets. Your investment in precious metals is protected by insurance, which ensures that you will be compensated for any losses incurred in the event of a natural disaster or theft.

Gold IRAs are available to qualified individuals, such as Goldco employees and people who are younger than seventy and a half years old. Customers have the option of opening a gold IRA, silver IRA, or a combination of the two types of accounts. Simply following the following four steps will allow you to create an account:

Step 1: The first thing you need to do is give Goldco’s customer support a call at 877-360-0011 to speak with a representative and find out how to open a gold individual retirement account.

Step 2: If you want to proceed with your registration, the customer service representative will put you in touch with a Goldco specialist when your call is transferred. You also have the option of scheduling a meeting for a later date or time if you feel as though you need additional consideration before making a significant choice.

Step 3: If you decide to talk with an account specialist and continue with the registration process, he will ask for your personal information to set up the account. If you do not want to talk with an account specialist, you can skip this step. Additionally, he will assist you in transferring funds from your bank account or rolling over funds from your existing individual retirement account (IRA).

Step 4: After your Gold IRA has been funded, the next step is to choose the precious metals that you want to hold in your IRA. This step can be completed as soon as your Gold IRA has been funded. Your account executive will be able to assist you with any questions you may have regarding the various coin options. You can get coins if you want to.

As soon as you have made your decision, the precious metal will be moved to a secure depository within the following few business days.

What Is It That They Are Selling?

Goldco is a precious metals company that offers a full range of services, including the sale of precious metals-backed Individual Retirement Accounts (IRAs) as well as physical forms of gold and silver. If you are having trouble deciding which investment strategy is best for your precious metals IRA, you should get some advice from the professionals at Goldco.

Gold is considered to be the investment with the lowest risk overall. Its value is not significantly impacted by the economy, politics, or society as a whole. It is not subject to the same degree of volatility that is experienced by other precious metal retirement plans. Silver, on the other hand, is a superior choice to gold when it comes to the issue of wealth preservation. When considering silver’s value over the course of time, the fact that it is a finite resource is attractive to the majority of investors.

Services that Goldco Offers

Goldco capitalizes on its expertise in precious metals by providing individuals with retirement savings accounts that are backed by either gold or silver. In addition to that, it offers brokerage services to those individuals who are interested in buying or selling gold and silver.

Precious Metal IRAs

The process of opening a new account or rolling over an existing retirement account is made simple and stress-free by the investing company. In addition, you will have the assistance of industry professionals in locating the investment in precious metals that is the most suitable for you as well as a reliable depository. Goldco maintains relationships with reputable independent storage companies that are equipped with cutting-edge vaults. On the other hand, the report suggests Equity Trust Company as a first-rate IRA custodian.

The Internal Revenue Service (IRS) mandates that gold IRA providers adhere to the quality and fineness standards that apply to precious metal coins, bars, and bullions. For gold coins to be considered suitable for investment in a gold IRA, they must have a minimum fineness of.995 per cent. The required minimum fineness for silver coins is.999. Silver coins must meet this requirement.

Coins such as these are accepted by Gold IRAs:

  • Gold American Eagle Type 1 – This coin, which has a face value of $50 and is the official bullion coin of the United States of America. The United States Mint initially struck this coin in 1986, and it had a 22-karat gold content. On the reverse of the coin is a depiction of an eagle carrying an olive branch above another eagle sitting in its nest.
  • Gold American Eagle Type 2- This coin is also made of 22-karat gold and is very similar to Type 1, with the exception that the image on the reverse depicts only one bald eagle.
  • Gold Australian Striped Marlin – This gold coin will be issued as legal tender in 2020 with a face value of $25 AUD. It was designed by Ian Rank-Broadley. The Perth Mint is the manufacturer of this item. The marlin that appears on its face is a representation of tenacity, dedication, and perseverance. It is available in a 14 ounce of 99.9 percent pure gold.
  • This well-known coin, which was struck in New Zealand, has a face value of 25 Niue and is known as the Gold Liberty Coin. It is offered in increments of one-fourth of an ounce of gold that is 99.99% pure. On one side is a portrait of Queen Elizabeth II, and the other features a commemorative illustration of a celebration held in 1752 in honor of the Liberty Bell.
  • Proof of the Gold American Eagle – This coin is made of 22-karat gold and has a face value of fifty dollars. It is the official bullion coin enhanced version produced by the United States Mint and has a fineness of 0.0167.
  • Gold British Lunar Series – This incredible coin features Chinese zodiac animals and is part of a limited-edition series. The Lunar Series or the Shengxiao Collection both include this coin that has a purity of.9999 gold. It has a face value of twenty-five pounds.
  • The American Gold Buffalo coin, which will be issued for the first time by the United States Mint in 2021, will be made of 24-karat gold. This coin is very popular among collectors and investors due to its face value of $50 and its weight of 1 ounce.
  • Golden Leaf of the Maple – This 1-ounce 2021 bullion coin, which was produced by the Royal Canadian Mint, is made of gold that is.9999 pure and comes with a face value of $50 Canadian dollars. 1979 marked the year that the very first coins were struck in response to the rising demand from investors to acquire gold bullion of the highest possible quality.
  • The Declaration of Independence was signed 245 years after the minting of this 2021 14 ounce coin made of.9999 pure gold. It bears the inscription “Gold Freedom and Hope.” It represents the progress and growth of the United States of America and has a face value of $25 XCD. Additionally, the coin serves as a representation of the nation’s commitment to preserving its independence.
  • Gold Freedom Coin – The New Zealand Mint released this 2021 ¼ ounce of.9999 pure gold coin to commemorate the 135th anniversary of the Statue of Liberty’s dedication. This year marks the 135th year since the statue was dedicated. The people of France bestowed upon the United States a gift in the form of the Statue of Liberty, which symbolizes the ideals of the American Dream (life, liberty, and happiness). It has a face value of $25 New Zealand Dollars (NZD).
  • The Royal Dutch Mint created the Gold Valor coin, which has a purity of.9999 and a face value of $25. The coin is made of gold. The iconic photograph “Raising the Flag on Iwo Jima” from World War II is featured on the back of the item. The inscription “Uncommon Valor Was a Common Virtue” can be found all the way around the flag.
  • Gold Lucky Dragon – The Royal Canadian Mint will strike this coin in 2021; it will have a face value of ten Canadian dollars (CAD) and be known as the Gold Lucky Dragon. It is crafted from gold that has been refined to a purity of.9999, and it bears the image of a dragon—a representation of strength, power, and good fortune in Chinese culture.
  • Gold Crocodile from Australia that Lives in Salt Water – The Perth Mint creates this gold coin that has a purity of.9999 and a face value of $25 Australian Dollars. Its status as the nation’s official form of payment is mandated by the Australian Currency Act of 1965. The Australian Saltwater Crocodile is renowned throughout the animal kingdom for having an extremely powerful bite.
  • Gold Military Guinea – This 14 ounce coin is made of gold that has been refined to.9999 purity and is struck by the East India Company of London. It is recognized as one of the most trusted coins that can be used anywhere in the world and pays homage to the power that the United Kingdom had in the colonial world.

Non-IRA Precious Metals

Only gold and silver are available for purchase from Goldco, the precious metals retailer. It can be found in the form of coins or bars. The United Kingdom, Canada, Australia, and New Zealand are the four countries that mint these coins.

In addition to that, you can buy the Chuck Norris “Five Principles” coin there. It is engraved with the actor’s life principles, which include Faith, Family, Fitness, Freedom, and Fight, among other things. The coin is housed in a beautiful wooden box and comes accompanied by a Certificate of Authenticity.

You don’t need to show proof that you have a steady source of income or be a certain age to buy valuables from Goldco. Anyone can do so without restrictions. You have the option of having your precious metals delivered to your home address or storing them in the secure vaults that Goldco partners maintain.

What Sets Goldco Apart From Its Competitors

Goldco is an excellent choice for investors of all stripes who want to safeguard the purchasing power of their retirement funds against the threat of future economic instability and acquire tangible assets, such as precious metals. It is well known for providing investors with a wide variety of enticing and one-of-a-kind benefits, which they will continue to enjoy until the end of their contract.

Special Offers for New Customers

  • When you open an account with a minimum balance of $50,000, your account fees for the first year are waived, allowing you to save up to $320 upfront.
  • When you place an order for qualified precious metals worth more than $50,000, you are eligible to receive free metals with a value equal to 5% of your total purchase price.

White-Glove Customer Service

Goldco is extremely proud of the fact that they always provide their customers with outstanding service, beginning to end. Even if all you are doing is asking a question about the investment products they offer, the representative in charge of customer service will treat you with the utmost respect.

Whether you are interested in opening a gold IRA investment or purchasing actual gold or silver products, the investment specialists at this company will go above and beyond to ensure that you are happy with the services they provide. They will not force you to make a decision or immediately set up an account, but rather they will advise you to think about it and come back when you are ready to make a decision.

Low Fee

Goldco offers a gold IRA plan with a low fee structure. You are required to pay a total of $260 during the first year, and then the subsequent years will each cost you only $180. There are no fees charged for transactions that do not involve an IRA or the direct purchase of precious metals.

You will only be responsible for paying the cost of your gold or silver investment. In addition to that, Goldco will store them for absolutely no additional charge whatsoever. This incredible opportunity is not made available by any of the other providers.

IRA & 401(k) Rollovers

Goldco will gladly work with customers who already have retirement plans in place. It has trained personnel who will assist you throughout the rollover process, making it efficient and uncomplicated for you to complete.

The following are the three easy steps that need to be taken by you:

What you need to do is:

  • Create a new Goldco Precious Metals Individual Retirement Account.
  • Transfer the money from your previous individual retirement account (IRA) or 401(k) to the Goldco IRA that you just opened. This is something that the investment specialist will assist you with. There is no necessity to make any additional financial investments or to pay any penalties.
  • When the fund is added to your Goldco IRA, you will have access to resources that will assist you in making decisions regarding the precious metals that will best help you achieve your retirement objectives. You are also responsible for determining where the gold or silver coins or bars will be stored. Your metals are not kept in direct possession by Goldco. Your specialist will assist you in finding the most suitable storage company for your precious metals, such as gold or silver.

Following this step, the IRA specialist will carry on with the rollover process, which can take up to ten business days to complete. When everything is finished, you will be informed of the latest development, which will include the exact time that the depository received your precious metals.

Goldco Fees

In spite of the fact that Goldco requires a minimum investment that is greater than what is required by other providers of precious metal IRAs, the company’s fee structure is straightforward. There are no additional costs or fees that are not disclosed.

On their company website, you won’t be able to view their prices, but if you call their customer service department, they’ll confirm the following fees with you:

  • $50 Initial Setup Fee
  • $80 Annual Administration Fee
  • $100 Annual Storage Fee (non-segregated) or $150 (segregated)

In order to open a precious metals IRA, a minimum contribution of $50,000 is required. The minimum purchase for transactions that do not involve an IRA is $3,500.

Clients who are opening new accounts are eligible for an additional benefit: during the first year of the contract, they won’t have to pay any of the fees, which add up to a total of $260.

However, you are responsible for paying the fees associated with the storage of your IRA assets. You will be required to pay a fee of $180 per year in addition to a storage fee for the subsequent years.

Buyback Program

Goldco offers the strongest buy-back guarantee in the industry to its clientele. Because of this, you won’t have to waste time looking for random coin dealers who will try to lowball you on the price they’ll pay for your gold or silver coins.

You are able to sell the physical coins or bars that you purchased from Goldco back to the company when the time comes for you to liquidate your gold IRA or when you are ready to get rid of the physical coins or bars that you purchased from Goldco.

You have the option of requesting assistance with the transaction from your specialist. After everything is finished, all that is left to do is wait for the payment. On the other hand, if you do not wish to sell them to the company, you are free to decline their offer at any time.

The Reasons Behind the Unanimously Rave Reviews of GoldCo in 2022

GoldCo is a well-established precious metals company that offers assistance to consumers in the process of investing a portion of their retirement savings into a precious metals individual retirement account (IRA). It is essential, prior to making such a significant and risky financial choice, to examine how the company stacks up in comparison to other gold IRA providers.

The Cayman Financial Review conducted exhaustive research into a wide variety of other precious metals companies, and they came to the conclusion that this particular company is the most advantageous to collaborate with in 2022.

Because the dollar is getting weaker and our purchasing power is only decreasing, the leading financial services newsletter Cayman Financial advised Americans who are afraid of inflation to seek out alternative options for investing in their retirement because inflation is on the rise and the dollar is getting weaker. If you read this review all the way to the end, you will understand why the GoldCo reviews that can be found online support their research.

What Are the Benefits of Having a GoldCo Precious Metals IRA?

The business provides a wide variety of services for investors. Even though you can buy and sell precious metals, you might want to think about other options.

For instance, this business organization possesses a market system. The testimonials give the impression that investors have access to it and that it is of a high quality when they collaborate with the organization. Having said that, given the nature of the company, there are a few things that you ought to take into consideration.

The process of investing in precious metals in their physical form can be overwhelming; therefore, you need to ensure that you have all of the relevant information before making a choice.

GoldCo was established in Woodland Hills in 2006, and as an alternative to traditional investments, it offers investment options for self-directed individual retirement accounts (IRAs). These types of IRAs can be funded with silver, gold, platinum, palladium, or any combination of these four precious metals.

Pros and Cons

Take a look at the following list of benefits and drawbacks to get a better idea of whether or not Goldco is the right gold IRA company for you.


  • Large selection of gold and silver coins that are eligible for IRAs.
  • Beginner-friendly gold-IRA firm
  • History of the organization presented in an open and honest manner
  • Outstanding work with the clientele
  • You will be able to open a gold IRA and buy physical gold or silver with this option.
  • Provides welcome bonuses to new customers, which include a fee waiver for the first year and a 10% discount on silver coins.
  • Free storage for precious metals that are not held in an IRA.
  • Rollovers of IRAs and 401(k)s are simple and cost nothing extra.
  • Establishing an account or purchasing precious metals outside of an IRA is uncomplicated and quick.
  • Reviews that are favorable from both clients and specialists in the industry
  • Investment advisors who are not pushy or aggressive
  • Buyout bid with the highest possible price
  • Free retirement resources
  • Simple access to the information via the website or the phone.
  • Award for Most Outstanding Corporation in 2021 Received


  • High investment requirement, with a minimum of $50,000
  • Coins made of other precious metals, such as platinum and palladium, are not readily available.
  • There is not a price listed publicly.

How Should One Begin Working with Goldco?

Filling out the Goldco online application, which can be found on the company’s website, is the simplest thing you can do if you are interested in learning more about investing in precious metals. You will be contacted by a Gold IRA specialist who will walk you through the next step.

For the purpose of verifying your identity before allowing you to open a new self-directed account, you will be required to provide personal information such as your social security number. Goldco will send you an email containing resource material about the various precious metal options in order to direct you in the implementation of your investment strategy. This will help you determine whether an investment in gold or silver is a better fit for your individual retirement account (IRA).

A qualified account specialist will walk you through the steps of the rollover process if you already have an existing individual retirement account (IRA) and want to transfer the funds into a precious metals retirement plan offered by Goldco. When converting a traditional IRA into a gold IRA, it has a team of licensed agents who are highly trained and will walk you through the process to ensure that you do not fall into any of the potential tax or penalty traps that may be present.

Monday through Thursday, Goldco’s business hours are 8:00 am to 5:00 pm, and Friday business hours are 7:00 am to 4:00 pm. It has representatives available for customer service who are ready to assist you with any questions you may have regarding your account. You can also send us a message by filling out and submitting an online contact form. Within the next twenty-four hours, you can anticipate receiving a call or a chat from a knowledgeable representative of the company.

Working in conjunction with Ron Paul

In 2017, the company formed a partnership with Ron Paul to educate investors about how they can safeguard their 401(k) and individual retirement accounts (IRA). In addition to this, it takes advantage of the Taxpayer Relief Act of 1997, which enables investments in bullion.

GoldCo is well-known for a variety of reasons. Because it incorporates additional services that are preferred by many investors, you are able to do more with precious metals IRAs than just buy or sell them.

For instance, the company manages the account and collaborates with custodian companies in order to roll over services to the new clients of the custodian companies. The transfer of funds to precious metals IRAs from traditional IRA options is a simple process for customers.

Putting Your Money in GoldCo

Currently, many people are opting to invest their IRA funds in precious metals IRAs due to a variety of reasons. One advantage is that they are not quite as susceptible to market fluctuations as bonds and stocks. Additionally, because they are investments in tangible items, many people find them to be an appealing choice.

GoldCo offers a wide variety of brokerage services within the sector, and the business conducts itself in accordance with the regulations set forth by the IRS. Because of this, the company will buy back precious metals from customers and then allow those customers to sell them once they begin using distribution methods.

Even though this company does not offer storage and custodian company solutions directly, it does collaborate with other businesses that do. As a result, it ought to be able to assist the majority of people in locating the appropriate options for their requirements. GoldCo is actually one of the businesses in the sector that is expanding at the fastest rate.

A Concluding Remark Regarding the Goldco Evaluation

Is Goldco the kind of reliable business you should put your retirement savings in? The exceptional qualities of working with them are backed up by the testimonials of thousands upon thousands of satisfied clients. By providing gold or silver Individual Retirement Accounts (IRAs) as well as physical coins, Goldco makes investing in precious metals more accessible to regular employees. Because they are held by a trustworthy custodian that you select, you won’t have to be concerned about the safety of your investments.

Taking into consideration the benefits that it offers, such as verified customer reviews, a buy-back programme, and a model that charges low fees, we are certain that selecting Goldco as the company to manage the growth of your retirement portfolio is the most prudent course of action.


Leave a Comment

Skip to content