Are you looking for a trustworthy company to buy investment-grade bullion or cryptocurrency? Gramercy Gold is one of the companies selling coins and bars, but is it legitimate? What do their customer reviews say?
Find out the facts in this detailed Gramercy Gold review.
What Is Gramercy Gold?
Gramercy Gold is a bullion dealer based in the Gramercy neighborhood of Manhattan, New York. They are a family-owned business known for selling investment-grade gold, silver, platinum, and palladium products. Gramercy Gold provides both Gold and Bitcoin IRAs. Their website contains a ‘Learning Center’ with retirement planning advice, charts displaying the current spot price of bullion, and a glossary of terms.
Gramercy Gold Review Summary
Location:
Gramercy, Manhattan
Address:
41 Madison Ave, 31stFl, New York, NY 10010
Year Founded:
Unknown
Management:
Unknown
Website:
www.gramercygold.com
Rating:
[usr 1.5] Not Recommended
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Gramercy Gold Products & Services
The following are some of the products offered at Gramercy Gold:
Gold Bars & Coins
- Gold American Buffalo
- Gold Britannia Coin
- Gold Chinese Panda
- Gold South African Krugerrand
- Gold Canadian Maple Leaf
- Gold Austrian Philharmonic
- Gold American Eagle
- 1 Gram- 1 Kilogram Gold Bars
- 1-oz Gold Bar
Silver Bars & Coins
- 1 kl. Silver Australian Koala
- Silver Britannia Coin
- Silver American Eagle
- Silver Canadian Maple Leaf
- Silver Austrian Philharmonic
- 10 oz. Silver Bar
- 100 oz. Silver Bar
Platinum & Palladium Products
- Platinum American Eagle
- Platinum Canadian Maple Leaf
- Platinum Australian Koala
- Palladium Canadian Maple Leaf
- 1 oz. Palladium Bar
- 10 oz. Palladium Bar
Gold & Bitcoin IRA
The company recognizes that a retirement account is the most important savings account that the majority of people will ever have. Consequently, precious metals and cryptocurrencies provide an opportunity to protect and grow your IRA investments. Specifically, they offer Gold and Bitcoin IRA, along with a free Gold Kit that explains how to proceed.
How to Get Started
Unfortunately, Gramercy Gold does not offer an online ordering system; therefore, phone orders are required. Gramercy Gold’s advisors will walk you through each step of the Bitcoin and Gold IRA setup process. Here are the three actions to take:
- Complete account application paperwork
- Roll over funds from your existing retirement account
- Purchase Bitcoin or Gold.
Pros of Gramercy Gold
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Quality Products
Gramercy Gold sells high-quality, investment-grade gold, silver, platinum, and palladium bullion bars and coins.
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Free Information
The company’s learning center provides easy access to free information. You will receive all metals-related information, including a brief history of each coin and bar. In addition, there is a free Gold IRA Kit that explains how to diversify your portfolio with metals and cryptocurrencies, along with step-by-step instructions.
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IRAs Are Offered
Gold and Bitcoin IRAs are available for those looking to diversify their IRA portfolios with precious metals and cryptocurrencies.
Cons of Gramercy Gold
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No Ecommerce Website
Gramercy Gold lacks an e-commerce website, so phone orders are required. Pricing information is also unavailable on their website.
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No Reviews on the BBB and other Websites
The company does not have reviews or accreditation on the Better Business Bureau (BBB) or other online review sites.
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Lack of Company History
There is no company history listed on the ‘About’ page, making it difficult to determine whether the company is legitimate or a scam. Other than its address and contact information, we are not informed of the company’s proprietors or its founding date.
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Gramercy Gold Reviews, Ratings & Complaints
To our complete astonishment, Gramercy Gold does not have any online reviews. Anyone contemplating a purchase from this company should be alarmed by the absence of customer reviews and company background information. Generally, reputable precious metals companies have reviews, ratings, and customer complaints, as well as accreditation from consumer protection websites such as the Better Business Bureau.
Although we do not endorse this company, it is up to you to decide whether or not to purchase from them. Click the link below to learn more about our top-rated precious metals company.
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Is Gramercy Gold a Scam?
So, is Gramercy Gold legitimate or a scam? Since they have an address, we have no doubt that Gramercy Gold is a legitimate business. However, their failure to disclose their founders calls their credibility into doubt. Additionally, the company lacks reviews, which is a red flag.
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Conclusion
Gramercy Gold is a precious metals firm located in Gramercy, Manhattan. They are esteemed for their superior products, free customer education, and streamlined gold and bitcoin IRA rollover procedure.
Gramercy Gold lacks a company history and customer reviews, which severely undermines its credibility despite the quality of its services. In addition, the company lacks an e-commerce platform, which makes procuring somewhat cumbersome.