Is Colorado Gold a genuine precious metals dealer? Does it have online reviews? Here, we will assist you in making an informed investment decision by analyzing Colorado Gold and providing key facts about the company. Let us immediately commence our Colorado Gold review.
What Is Colorado Gold?
Founded in 1977, Colorado Gold is a precious metals dealer that acquires and sells gold, silver, platinum, and palladium. The majority of the bullion coins and bars they sell are permitted to be held in an IRA. Colorado Gold asserts that its products are of the utmost quality and lowest cost. The company does not sell rare coins because they do not consider them to be a worthwhile investment.
Colorado Gold Review Summary
Location:
Montrose, Colorado
Address:
222 S 5th St
Montrose, CO 81401-3622
Year Founded:
1977
Management:
David Stott & Don Stott (owners)
Website:
www.coloradogold.com
Rating:
[3/5]
Here’s our #1 Rated Precious Metals IRA Firm
Colorado Gold Products
Colorado Gold maintains a vast inventory of bullion products. Each product in their catalog is accompanied by price and weight information, among other details. Gold, silver, platinum, and palladium bullion bars and coins are sold. Examples of available products include the Gold Canadian Maple Leaf, the Gold American Eagle, the Gold Kangaroo, the Gold Austrian Philharmonic, the Heraeus Gold Bar, the Credit Suisse Gold Bar, the Silver American Eagle, the Silver Canadian Maple Leaf, the Silver Kangaroo, the Platinum Austrian Philharmonic, the Platinum American Eagle, and the Palladium American Eagle, among others.
The company has listed STRATA Trust Company, New Direction Trust Company, and The Entrust Group as custodians for precious metals IRAs. However, the company is not affiliated with any depository, so you must locate one on your own.
How to Buy from Colorado Gold
Beginning the purchasing process with Colorado Gold is as straightforward as signing and submitting a client agreement. After submitting your agreement, call the business to make your order. You will pay the price listed on their website at the time of your purchase. You will then receive a trading number from Colorado Gold before you can send payment. Colorado Gold will insure and ship your order via UPS once they have received payment. In addition to personal checks, bank wires, and cashier’s checks, VENMO is also accepted.
How to Sell to Colorado Gold
The selling procedure is comparable to the purchasing procedure. Start by completing and submitting the online client agreement if you are a new seller. Call the company after submitting the agreement to confirm your order. After placing an order to sell your metals, you must dispatch them via USPS to Colorado Gold’s depository.
Before the trade details are confirmed, you may be required to present the metals in person at the depository if you are a new customer. Colorado Gold will only purchase precious metals with acceptable hallmarks, and a 1% fee will apply if you did not purchase your metals through their website or store.
Colorado Gold Pricing & Costs
They charge a 1% fee on all services, including insured shipping. For orders over $50,000, the business charges 0.75%, which includes insured shipping. In addition, for orders over $100,000, Colorado Gold charges a 0.5% fee, which also includes insured shipping.
Colorado Gold IRA Fees
The fees associated with a precious metals IRA will depend on the IRA custodian and depository you select.
Pros of Colorado Gold
- Offers a wide range of high-quality bullion coins and bars
- Precious metals IRAs are offered
- They offer a buyback program, making it extremely easy to liquidate your assets
- Detailed product descriptions and pricing is provided
- The company is BBB accredited since 2010
- They’ve been in business for 4 decades
Cons of Colorado Gold
- Exorbitant Commission Fees are charged
- The company lacks reviews and ratings on most online platforms including the BBB
Colorado Gold Reviews & Rating
Despite having only one client review, Colorado Gold is accredited and rated A+ by the BBB. Based on one customer review, Trustpilot provides Colorado Gold with an average rating of 3.7 out of 5 stars. There are no reviews, ratings, or complaints about the company on Trustlink, BCA, or Yelp.
- BBB: A+ rating, 1 review (view details)
- Trustpilot: [usr 3.7] (view details)
- Trustlink: 0 reviews
- Yelp: N/A
- BCA: N/A
Is Colorado Gold Legit or Scam?
Colorado Gold is not a scam. This legitimate bullion dealer has been in business since 1977.
Colorado Gold Alternatives
Colorado Gold Reviews Conclusion
Colorado Gold is a precious metals company that offers gold, silver, platinum, and palladium coins and bars. In addition to metal trading, the company offers IRAs in conjunction with third-party custodians. Since 2010, Colorado Gold has been accredited by the Better Business Bureau (BBB). On the negative, Colorado Gold lacks substantial customer reviews and ratings online.
