Welcome to my Goldco Direct review. When choosing a precious metals company for your investment, it is important to look for a reputable one to avoid getting scammed.
And so, what precious metals company can you trust in 2022? In this review, we are going to discuss Goldco Direct, our #1 rated gold IRA firm and one of the fastest growing companies in the precious metals industry. Please read this review carefully; it will help you make an informed investment decision.
Is Goldco Direct a scam? Are there any Goldco Direct complaints online? Let’s find out…
Note: Goldco is our top-recommended Gold IRA Company in 2022, boasting an overall rating of 5/5 ⭐⭐⭐⭐⭐. Request FREE Gold IRA Kit here, or continue reading the review.
Table of Contents
- 1 Goldco Direct Review Summary
- 2 Is Goldco Direct a Scam?
- 3 Goldco Direct Fees
- 4 Is Goldco Direct a Legitimate Company Really?
- 5 Goldco Direct Complaints
- 6 Goldco Lawsuit
- 7 Goldco Direct Products
- 8 Goldco Direct Reviews
- 9 Pros
- 10 Expert Account Executives
- 11 Multiple Products
- 12 Excellent Ratings
- 13 Cons
- 14 High Minimum Investment
- 15 Should You Choose Goldco Direct for Your Precious Metals Investment?
- 16 FAQs- Frequently Asked Questions
- 17 Does Goldco operate internationally?
- 18 Does Goldco Direct Store investments for clients?
- 19 Can Goldco Direct deliver precious metals to your home?
- 20 Goldco Direct Review Conclusion
Goldco Direct Review Summary
Minimum Investment: $25, 000
Incentive: 5% back on metals over $50, 000
Fees: $175-$225 per annum
CEO: Trevor Gerszt
Products and Services: Precious Metals IRAs, Investment-grade Coins, bars
Overall Rating: 5/5 ⭐⭐⭐⭐⭐
Is Goldco Direct a Scam?
Goldco Direct was founded in 2006 by its current CEO and managing director, Trevor Gerszt. His main motivation for starting the company was to educate investors on the importance of investing in precious metals such as gold and silver.
Thus, Goldco website is laden with great information on precious metals to help customers understand the types of metals on offer. For instance there is detailed insight on rare coins, pre-1933 coins, investment-grade coins and even bars.
The company also offers Gold and Silver IRAs as well as educational materials explaining how adding precious metals to your retirement account can safeguard your wealth against future uncertainties. Therefore, we have determined that they are a legitimate company. Goldco Direct is Not a scam.
Click the link below to request your Free Gold IRA Guide from Goldco and learn more about their products and fees. Bonus: you will also receive Free Gold Investment DVDs to get you started.
Goldco Direct Fees
Annual storage and administrative fees range from $175-$225 while minimum investment amount is $25,000.
Preferred Depository: Delaware Depository
Is Goldco Direct a Legitimate Company Really?
Goldco Direct specializes in selling investment-grade bullion, as well as educating investors. One thing I like about this company is that they offer some of the lowest fees as well as safe storage for Gold IRAs. They are a reputable company and will hold your hand and take you step by step throughout the rollover process.
Click the link below to request your FREE Goldco Gold IRA Guide and learn more about their products, fees and much more.
Goldco Direct Complaints
Looks like this company makes an effort to respond to customer complaints filed on online platforms. The only exception is one complaint we found on the ComplaintsBoard that has not been responded to.
Despite being in business for a long time, and dealing with thousands of customers, it is surprising that this company has quite a few complaints. In fact, Gold co Direct boasts the highest rating of A+ on BBB, which indicates that they are reputable and preferred by many investors.
Therefore, in spite of a few complaints here and there –which is common in any other organization–Goldco Direct still dominates the market, especially for precious metals IRAs. They offer the lowest storage and administrative costs and the best customer service in the industry.
While most precious metals firms have found themselves in hot soup after violating IRS rules and other laws, Goldco Direct happens to be among the few companies who’ve never been sued by customers. There is no Goldco lawsuit filed in the past thirteen years they’ve been in business which goes to show how legitimate and reliable the company is.
Goldco Direct Products
Apart from the in-depth information and educational blog posts updated daily on their website, Goldco’s team of account executives is another precious jewel for customers. They have decades of experience handling precious metals, and therefore are in a better position to explain everything concerning precious metals to the customer.
Their reps promise to painstakingly take you through the process of adding precious metals to your retirement accounts (IRA/401K), in addition to delivering precious metals to your home at your request.
Goldco Direct has an extensive collection of precious metals (mainly silver & gold) including rare coins, investment grade coins, bullion and bars. You can always find whatever kind of precious metal you are looking for in their catalog.
Goldco Direct Reviews
Our Goldco Direct review would be incomplete if we don’t look at customer reviews and ratings on reputable platforms such as the Better Business Bureau. Below are some of the Goldco Direct ratings:
BBB– Customer reviews of Goldco Direct posted on the BBB have earn the company an excellent A+ rating. We also found no Goldco Direct complaints on the platform.
BCA– The Company has an AAA rating with the Business Consumer Alliance
Facebook– Goldco Direct has a rating of 4.5 on Facebook
Trustlink– they have a 4.8 star rating after 253 customer reviews and complaints on Trustlink.
Trustpilot– 4.8 rating on Trustpilot based on 638 reviews
Consumeraffairs.com– they have a 4.8 star rating after 546 votes on Consumeraffairs.com
Expert Account Executives
The company hires qualified account executives who are capable of handling customer requests in a professional manner. The fact that Goldco Direct has been doing business since 2006 gives the company an upper hand as far as expertise is concerned.
Goldco Direct’s product catalog contains multiple products in form of coins and bullion, which makes it convenient for customers as they can find all they want under single roof. Another advantage of their huge catalog is that most of the precious metals qualify for IRA.
They have excellent ratings on online platforms like the Better Business Bureau, Business Consumer Alliance and Trustlink.
High Minimum Investment
Goldco has a minimum investment amount of $25,000. Investors who wish to invest smaller amounts may find this off-putting. This is the only disadvantage we found while rating Goldco Direct.
Should You Choose Goldco Direct for Your Precious Metals Investment?
The numerous positive customer reviews and testimonials are enough to propel Goldco Direct to the highest rankings among Gold IRA companies of 2022. We’ve found that this company is performing better in regards to its relations with customers. The only company that comes close to Goldco Direct in terms of honest and reliability is Regal Assets.
FAQs- Frequently Asked Questions
Does Goldco operate internationally?
No, Goldco Direct operates only within the USA.
Does Goldco Direct Store investments for clients?
No, they use third party custodians to store your investment.
Can Goldco Direct deliver precious metals to your home?
Yes, you can order precious metals from Goldco and have them delivered to your home.
Goldco Direct Review Conclusion
Goldco Direct has both positive and negative aspects. They have both complaints and positive reviews from their clients. It turns out that the issues most customers face are minor and can be easily solved by simply contacting the company’s customer care reps via phone call or live chat.
Majority of the complaints are from people who are not aware of existing communication channels for contacting support hence numerous complaints posted on online directories.
While complaints are part and parcel of any large organization, some are a huge red flag. For instance, you should be wary of companies with hundreds of unresolved complaints since this simply implies they don’t care about their customers.