Are you considering purchasing precious metals from Goldmart.com but are unsure of their legitimacy? This review of Goldmart.com will provide you with all the information you need to make an informed investment decision.
Note: Goldmart.com is no longer in business. You can go straight to our top-rated Gold IRA provider by clicking here.
What Is Goldmart.com?
Goldmart.com (previously Legacy Precious Metals) was created in 2009 by former NBA basketball player Nicholas VanderLaan as an online precious metals trader. The headquarters of Goldmart.com are in Carson City, Nevada. They claim to provide everything under one roof at a lower cost. The firm specializes in gold, silver, platinum, and palladium.
Goldmart.com Review Summary
Location:
Carson City, Nevada
Address:
600 E William St STE 204, Carson City, NV 89701-4052
Year Founded:
2009
Management:
Nicholas VanderLaan
Website:
www.goldmart.com
Rating:
[1.5/5]
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Goldmart.com Products & Services
Goldmart.com sells gold, silver, platinum, and palladium bars and coins. Their pricing is primarily determined by the current spot price. The 1-ounce American Gold Eagle coin, 100 g PAMP Suisse Cast Gold Bar, 1 oz Canadian Gold Maple Leaf Coin, 1 oz PAMP Suisse Fortuna Gold Bar, and 1 oz SilverTowne Buffalo Stackable Silver Round are their most popular goods.
If you want to open a precious metals IRA, Goldmart.com collaborates with New Direction IRA, Sterling Trust Company, Goldstar Trust Company, and Self-Directed IRA Services.
Note: Goldmart.com is no longer in business. Please check out our top-rated precious metals IRA provider here>
How It Works
Goldmart.com primarily sells its products and services through its official website. You must first create an account and then log in before you can add things to your cart. The website provides comprehensive pricing and IRA fee information. However, keep in mind that the fees for precious metals IRAs will vary depending on the custodian you choose.
Pros of Goldmart.com
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Wide Selection Of Products and Services
The company has a large inventory of bullion and rare coins. They also provide a list of the top 50 best-sellers, which demonstrates which of their products are the most popular. Furthermore, Goldmart.com provides precious metals IRAs to assist you in diversifying your IRA portfolio.
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Multiple Payment Options
When purchasing something online, having multiple payment alternatives is convenient. Goldmart.com accepts VISA, MasterCard, PayPal, DISCOVER NETWORK, Money Order, Check, and Bitcoin as payment methods.
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Excellent Customer Support
Most precious metals dealers’ websites lack a live chat feature, resulting in poor customer service because client complaints are not addressed in a timely manner. Goldmart.com, thankfully, features a live chat feature that allows you to contact customer service at any time and get your questions or concerns resolved.
Cons of Goldmart.com
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Not BBB Listed
The company is not listed on the Better Business Bureau or any other consumer protection websites, raising questions about whether it is legitimate or a scam.
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Poor Customer Ratings
Most online review sites give Goldmart.com low average ratings. Based on a few reviews and complaints, they have an average rating of 1 out of 5 stars.
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No longer In Business
The official website of Goldmart.com has been unavailable since 2020. As a result, it’s safe to presume that the company is no longer in operation.
Goldmart.com Reviews, Accreditation & Rating
Goldmart.com is neither listed nor accredited by both the Better Business Bureau or Business Consumer Alliance.
However, they are rated on Trustlink and Yelp, where they have a 2.5/5 average rating based on ten customer reviews and complaints. Despite being in business for over a decade, the company lacks reviews and ratings on numerous other consumer protection websites.
Is Goldmart.com a Scam?
Most investors believe Goldmart.com is a scam because it lacks positive online reviews and evaluations. Goldmart.com is a legitimate precious metals company despite the fact that negative reviews have damaged their reputation. Their Nevada address is well-known, as are their founder and president. However, if you are searching for a reputable company in which to invest your hard-earned money, we recommend that you choose a highly-rated company.
Goldmart.com Alternatives
- Provident Trust Group
- Rosland Capital Review
- Wholesale Direct Metals
- Hard Assets Alliance
- Ottawa Bullion Reviews
Goldmart.com Reviews Conclusion
Goldmart.com was founded in 2009 as a precious metals company. The company asserts that it provides everything a coin store would but at lower prices. Multiple product selections, multiple payment options, and exceptional customer service set them apart from competitors.
However, Goldmart.com has low ratings across the majority of online platforms. The company’s website has been inactive since 2020, confirming our suspicions that it may have gone out of business.
