{"id":58945,"date":"2022-07-19T01:30:00","date_gmt":"2022-07-19T08:30:00","guid":{"rendered":"http:\/\/www.kentreporter.com\/marketplace\/goldco-reviews-legit-company-to-use\/"},"modified":"2022-07-19T01:30:00","modified_gmt":"2022-07-19T08:30:00","slug":"goldco-reviews-legit-company-to-use","status":"publish","type":"post","link":"https:\/\/www.kentreporter.com\/marketplace\/goldco-reviews-legit-company-to-use\/","title":{"rendered":"GoldCo Reviews: Legit Company to Use?"},"content":{"rendered":"\n\t\t\t\t

GoldCo is a respectable company that is known for its precious metals. The company mainly functions as an IRA broker for metals. It offers its clients an opportunity to safeguard their savings as well as other retirements accounts in the form of IRA, 401(k), and 403(b). Since GoldCo has been the most talked-about IRA Broker in recent years till today, let’s find out what the hype is all about.<\/p>\n\t\t\t\t

This GoldCo review will specifically look at how it compared to other IRA companies, which will help you determine if it is worth investing in the company.

What Is GoldCo Precious Metals?<\/h2><\/p>\n\t\t\t\t

GoldCo was developed in 2006 and is located in Woodland Hills, California. GoldCo, a gold and precious metal IRA broker, allows investors to purchase silver, gold, and several other metals into their retirement accounts. It will enable you to roll over all or some of your retirement savings into your preferred metal, e.g., gold. GoldCo operates just like the other precious metal IRA brokers. The only difference is that GoldCo is rated A+ and AAA by the Business Bureau and Business Consumer Alliance, respectively.<\/p>\n\t\t\t\t

Another thing that makes GoldCo stand out is that it has several 5-stars reviews by many online platforms, media personalities, and public endorsements from Sean Hannity.

How Do GoldCo’s Gold IRAs Work?<\/h2><\/p>\n\t\t\t\t

Before getting into anything, it is wise to know how it works to avoid confusion. GoldCo explains in detail how their Gold IRAs work to allow clients to invest comfortably. The Gold IRAs from GoldCo<\/a> aim to provide the perfect stability, unlike the US dollars. Since 1971, the US dollar has lost its purchasing power while gold has remained stable up to this day. Many smart investors believe in the power of gold, and that is why they try as much as possible to hold as much gold as possible in their IRA. It would also be wise to do the same to protect your retirement savings. Your IRA could outdo that of the S$P and Dow Jones based on what’s trending as per GoldCo.com.<\/p>\n\t\t\t\t

If you are interested in getting the GoldCo gold IRA account, here are the three steps that you need to follow;

Step 1: Open Your GoldCo IRA<\/h3><\/p>\n\t\t\t\t

The first thing is to open a GoldCo IRA account<\/a>. When opening, you will need to sign an agreement that will be provided to safeguard your purchases. You will also need to sign the business terms set by GoldCo.

Step 2: Fund the Self-Directed IRA<\/h3><\/p>\n\t\t\t\t

After opening your GoldCo IRA, the next thing you need to do is fund it. A self-directed IRA allows you to hold assets that are not bonds, stocks, or other traditional assets. The good news is that funding the account is not very challenging. All you need is to roll over your assets from the retirement account, savings, IRA accounts, 403(b),401(k), and TSP to your new GoldCo IRA account. By transferring your assets to GoldCo, you will manage to avoid taxes and protect your savings<\/a>.

Step 3: Purchase Your Preferred Metals<\/h3><\/p>\n\t\t\t\t

For the last step, you can begin buying GoldCo precious metals using your funds. You are free to choose any metals you like. Some of the precious metals you can purchase are gold coins, gold bullions, silver, etc.

Approved Gold Products Available at GoldCo<\/h2><\/p>\n\t\t\t\t

If you are looking for gold IRA-approved coins<\/a>, GoldCo has got you covered. As much as you may find them in other IRA companies, GoldCo provides you with different options. The least amount of fineness required for all gold coins is 0.995, and like other IRA companies, GoldCo strives hard to maintain this standard by working with mints worldwide, including that in Canada, US, and Australia. Some GoldCo’s IRA-approved gold coins available for you are;<\/p>\n\t\t\t\t

Gold American Eagle: Type 1:<\/strong> The Gold American Eagle gold coin – Type 1 was first minted in 1986. It was issued by the United States Mint and made from 22 karat gold. Clients can purchase the coin<\/a> in the following options: 1 oz, 0.5 oz, 0.25 oz, and 0.1oz.<\/p>\n\t\t\t\t

Gold American Eagle: Type 2:<\/strong> Like Gold American Eagle Type 1, type 2 was also struck from 22 karat gold. The only difference between them is the images, but they are very similar in other things.<\/p>\n\t\t\t\t

Gold Australian Striped Marlin:<\/strong> This gold coin contains 99.9% gold and has been legal tender. It is manufactured by the Perth Mint of Australia.<\/p>\n\t\t\t\t

Gold American Eagle Proof:<\/strong> This gold coin found in GoldCo is available in four different options<\/a> that are; 1oz, 0.5 oz, o.25 oz, and 0.1 oz. According to the company, it is made from 1 oz of 22 karat gold.<\/p>\n\t\t\t\t

Gold Liberty Coin:<\/strong> Gold Liberty Coin is manufactured by the New Zealand Mint and currently has a face value of $25. The coin is characterized by an image of Queen Elizabeth II on one side, and on the other side, it contains the Liberty Bell in Philadelphia.<\/p>\n\t\t\t\t

Gold Maple Leaf:<\/strong> The 2021 Gold Maple Leaf bullion coin was first introduced in 1979 and is made of 1oz of 0.9999 pure gold. This was made possible by the Royal Canadian Mint.<\/p>\n\t\t\t\t

American Gold Buffalo:<\/strong> American Gold Buffalo coin<\/a> has been minted by the US mint and contains 0.9999 pure gold. According to the GoldCo, it is the first 24 karat gold bullion coin ever made in the United States Mint.<\/p>\n\t\t\t\t

Gold American Bald Eagle:<\/strong> Just as the name suggests, the Gold American Bald Eagle is featured with a bald eagle on one side and the face of Queen Elizabeth II on the other side. The gold coin is produced by the Perth Mint in Australia and contains 0.25 oz of 0.9999 pure gold.<\/p>\n\t\t\t\t

Gold Military Guinea:<\/strong> This gold coin was once used worldwide and is manufactured by the East India Company of London. It has been made from 0.25 oz of 0.9999 pure gold.<\/p>\n\t\t\t\t

Gold Lucky Dragon:<\/strong> Like most GoldCo gold coins, Gold Lucky Dragon has been manufactured with 0.25 oz of 0.9999 pure gold. The Gold Lucky Dragon represents prestige and good fortune.<\/p>\n\t\t\t\t

Gold Freedom and Hope:<\/strong> The Gold Freedom and Hope coins<\/a> were mainly manufactured to mark the 25th<\/sup> anniversary of the Declaration of Independence. This 2021 Gold Freedom and Hope coins are made by the Royal Dutch Mint.<\/p>\n\t\t\t\t

Gold Freedom Coin:<\/strong> This 2021 gold coin was also designed to remember the 135th<\/sup> anniversary of the dedication of the Statue of Liberty.<\/p>\n\t\t\t\t

Gold British Lunar Series:<\/strong> This is yet another gold coin offered by the GoldCo company. It is made from 0.25 oz of 0.9999 pure gold and is characterized by different animals based on the Chinese zodiac every year. The Royal Mint manufactures the coin.<\/p>\n\t\t\t\t

Gold Australia Saltwater Crocodile:<\/strong> Gold Australian Saltwater Crocodile minted by the Perth Mint is provided as a legal tender and contains 0.25 oz of 0.9999 pure gold.<\/p>\n\t\t\t\t

Gold Bars:<\/strong> If you are looking for gold bars, find them in GoldCo<\/a>. All gold bars in the company have a fineness of 0.9999 and are IRA eligible.

Other GoldCo Approved Products<\/h2><\/p>\n\t\t\t\t

Apart from the gold coins mentioned above, GoldCo has other products available for potential clients. That includes the non-IRA eligible, silver products, and IRA eligible. These other GoldCo products are;<\/p>\n\t\t\t\t

Silver Coins:<\/strong> If you wish to purchase silver, you will find a variety of silver coins in the GoldCo company. One common silver coin available in the company is the Type 1 and 2 Silver American Eagle. These silver coins were minted by the New Zealand, Canada, Australia, and United Kingdom mints. Most of the coins have been manufactured from 1 oz of 0.999 pure silver.<\/p>\n\t\t\t\t

Silver Bars:<\/strong> The silver bars available at GoldCo have a fineness of 0.9999 and are IRA-eligible.<\/p>\n\t\t\t\t

Chuck Norris “Five Principles”:<\/strong> Chuck Norris “Five Principles” is a special and unique product<\/a> available at the GoldCo company. These coins were produced by the Zealand mint, are non-eligible, and contain 1 oz of silver. The upper side of the coin is imprinted with Chuck Norris, and the other side has the five principles of life: faith, fitness, family, freedom, and fight.<\/p>\n\t\t\t\t

If you are looking for palladium or platinum coins, you won’t find them on the GoldCo website. The website exclusively sells gold and silver products.

GoldCo’s Pricing and Fee Structure<\/h2><\/p>\n\t\t\t\t

Although GoldCo has a higher investment fee compared to other precious metals IRA companies, its fees are transparent, and new investors get a waiver for the first-year fee.<\/a> Here is what to expect from GoldCo in terms of pricing and fees;