There are many precious metals companies out there, but GoldenCrest Metals was founded to be a completely different business. Although relatively new, this firm is building trust in such an intricate industry. However, there are still many questions about its legitimacy.
Are you interested in investing in physical gold and silver or other assets? Do you want to know if GoldenCrest Metals is a good fit?
Below is an in-depth review with all the information you need. Read on! OR, click here to get a free investors guide.
Golden Crest Metals Products Offered
- Gold and silver bullion coins
- Gold and silver bullion bars
- Self-directed IRAs
- Precious metals cash sales
Current Promotions
- You don't have to pay fees for a year, as GoldenCrest Metals will cover these costs.
- There aren't investment minimums for regular purchases and gold IRAs.
- GoldenCrest Metals offers $25.000 in free silver.
- If you buy $10,000 worth of physical gold, you get a free safe to store your assets at home.
Pros and Cons of GoldenCrest Metals
To know if GoldenCrest Metals is a good choice for your silver or gold investment, consider its pros and cons:
Pros
- Accredited by the Better Business Bureau (BBB)
- Real-time, transparent pricing
- Smaller margins for the company, more money for investors
- No annual fees for the first year
- Positive reviews
- Free safe for non-IRA metals assets
- Tailored precious metals strategies
Cons
- Short time in business
- Limited online information
What Is GoldenCrest Metals?
GoldenCrest Metals is a precious metals provider launched earlier this year by Rich Jacoby, who also serves as CEO.
This firm focuses on transparency, honesty, customer satisfaction, and competitive pricing, taking a long-term approach that promises to redefine integrity and trust in an industry that is often driven by emotional decisions and has been subject to several controversies lately.
Besides gold and other precious metals, GoldenCrest Metals offers Individual Retirement Account (IRA) options and educational resources to help people make informed investment decisions.
Products and Services
GoldenCrest Metals' catalog includes precious metals, silver and gold IRAs, and other physical assets. Below is more information:
Precious Metals IRAs
If you want to set up and put your money into a precious metals IRA, GoldenCrest Metals offers two options:
Gold IRA
This IRA account is designed for gold investments, specifically for retirement planning, so it allows you to store gold and other precious metals.
Through GoldenCrest Metals, you can purchase IRA-eligible and 99.9% pure gold coins from different mints around the world and store them in a tax-deferred retirement account.
Silver IRA
It's a similar precious metals IRA that allows you to store both gold and silver products in a tax-deferred account.
You can choose multiple investments, including gold or silver coins, bars, and ingots. With GoldenCrest Metals, you can make sure such assets are 99.99% pure and meet the standards set by the Internal Revenue Service (IRS).
Regular Gold and Silver Purchases
Do you want to buy gold coins or silver bars but aren't interested in setting up an IRA? Don't worry! GoldenCrest Metals allows you to acquire such assets through regular purchases.
During the process, you'll be assisted by a precious metals specialist who will help you learn more about these investments and choose whether you prefer to get your items delivered to a depository or to your home.
Popular Gold and Silver Coins
Whether you want to invest in a precious metals IRA or make non-IRA purchases, these are the most popular gold and silver coins you can choose from:
- Gold American Eagle proof coins
- American Eagle gold coins
- Canada Gold Maple Leaf
- Gold Australian Striped Marlin coins
- Gold Australian Sea Turtle coins
- American Gold Buffalo coins
- Silver American Eagle coins
- Silver Striped Marlin cons
- Silver American Bald Eagle coins
Gold IRA Fees and Investment Minimums
Did you choose GoldCrest Metals as your gold IRA provider? Before you open your account, you should learn more about the fees you'll have to pay and the investment requirements you have to meet.
Unfortunately, there isn't clear information about this on the company's website. However, keep in mind that the average set-up fee for this industry is between $50 and $80.
Precious metals IRA holders also have to pay a $100 annual maintenance fee, but GoldenCrest Metals covers these costs for the first year. Plus, the company hasn't set investment minimums for these accounts.
Other fees you'll likely have to pay include either $100 or $150 for non-segregated and segregated storage, respectively, depending on the option you choose.
Storage Options
If you prefer non-IRA investments, you can store your assets at home. Actually, GoldenCrest Metals even offers a free safe for customers who purchase $10,000 or more in gold. However, that's something you can't do with a retirement account.
All precious metals purchased through gold IRAs must be stored in an IRA-approved depository. The Delaware Depository is a reputable third-party vault that has gained recognition in the industry, for example, and GoldenCrest Metals has partnered with it.
Besides storing precious metals in Class 3 vaults, the Delaware Depository insures assets through Lloyd's of London underwriters for enhanced electronic security. Most of the investors who rely on this partnership choose Entrust as the custodian.
Does GoldenCrest Metals Set Customer Education As a Priority?
GoldenCrest Metals understands how important it is to empower investors to learn about the industry in order to make informed investment decisions. That's why it offers a variety of educational materials and resources.
The company's complementary Wealth Management Guide, suitable for both beginners and seasoned investors, has been acclaimed for its in-depth content on the precious metals market. This valuable resource has helped GoldenCrest Metals become a trusted industry advisor.
If you have concerns or questions during your investment process, you can also find valuable information through the GoldenCrest Metals website's FAQ section or by requesting help from a precious metals specialist.
GoldenCrest Metals Reviews
To know if a precious metals company is reliable, you should take a look at what previous customers say about its products and services.
GoldenCrest Metals doesn't have much time in the market but has accumulated mostly positive reviews from previous customers on the most popular review sites. Below are some of them:
- A- rating and 5/5-star rating on BBB
- 5-star rating on Google
- 5-star rating on Yelp
- 4-star rating on Trustpilot
Having such positive reviews on verified, reputable sites proves that GoldenCrest Metals has built a solid reputation in the industry.
GoldenCrest Metals Complaints
What if something goes wrong? Will GoldenCrest Metals provide a solution and fix that issue? Since this company has been in business for a short time, there are no complaints yet. This shows that customers are generally satisfied with its products and services. However, some disappointments may emerge over time.
Is a Precious Metals Investment a Good Idea?
People invest in different assets for a variety of reasons. Protecting wealth and building retirement portfolios are the most common. However, both have become more difficult over time.
Stocks and bonds, two popular investment options, are tied to the dollar, so they can quickly lose value and cause significant financial losses due to inflation, recession, and economic turbulence.
The Digital Dollar (the CBDC) seems like a tangible reality at this point, which also brings some drawbacks for investors. Industry veterans fear that governments can track people's purchases or delete savings with just a click.
Amid these uncertain times, tangible assets are a safer option. Precious metals, for example, have a reliable and consistent value that can protect your hard-earned money from such risks and maintain your buying power in the future.
In contrast to other assets, precious metals also offer higher liquidity, meaning you can easily convert them into cash, usually avoiding depreciation.
Gold and silver don't lose value like other assets. Besides protecting your wealth, precious metals allow you to build an inheritance for future generations.
How to Start a Gold IRA with GoldenCrest Metals
Do you want to add gold bars, silver coins, or other physical precious metals to your retirement account? GoldenCrest Metals can help you start a gold IRA account in less time than you think.
These are the steps you'll have to complete:
- Fill out the company's online application form
- Read the provided Gold Investing Guide (free)
- Talk to the precious metals specialist
- Learn everything you need to know about the gold IRA set-up process
- Ask all the questions you have in mind
As mentioned before, this specialist will guide you through the entire process as you open your gold IRA and make your investments.
Is GoldenCrest Metals' Customer Service Good?
GoldenCrest Metals is committed to ensuring customer satisfaction. The company is open Monday through Friday, 9:00 a.m. to 5:00 p.m. Its agents are always willing to help you with any issue you may be having with your account and answer any questions that may arise.
GoldenCrest Metals Review: Is This Company Scam or Legit?
If you want to open an IRA account and buy gold or silver coins, bullion bars, or similar assets, you'll find many providers and firms. GoldenCrest Metals is among the newest, but it has still become a strong contender in the precious metals industry.
Transparency and honesty are GoldenCrest Metals' main strengths. Although there isn't enough pricing information online, the company is willing to disclose all relevant details to potential customers who call or visit their office.
GoldenCrest Metals has also made an effort to build trust in a controversial industry. Its accreditation by the BBB and excellent reviews on most verified sites prove that this company hasn't built a solid reputation overnight but really ensures customers are happy and satisfied.
Another advantage is that GoldenCrest Metals operates on tight margins compared to other providers, allowing you to maximize your investments. You'll get more for the money you have right now.
Besides that, this company guarantees ethical sourcing, offers personalized service with expert advice, and excels at customer support, demonstrating its ongoing commitment to excellence and integrity.
If you want to invest in precious metals to protect your wealth or save for retirement, GoldenCrest Metals may be a great option to get started. Although it's relatively new to the industry, our research suggests that this gold dealer is legitimate.
GoldenCrest Metals Alternatives
Still not sure if you should invest with GoldenCrest Metals? Don't worry! Other gold IRA companies are worth checking out, including the following:
FAQs
What Exactly Is a Gold IRA?
Essentially, it's a self-directed individual retirement account (IRA) designed for precious metals investments. In other words, it allows you to acquire gold, silver, and other assets, such as platinum and palladium.
If you hold a gold IRA, you have to contribute pre-tax dollars to your investment, but it'll grow on a tax-deferred basis, which can bring significant benefits during retirement.
What Is the Difference Between a Gold IRA and a Traditional IRA?
The main difference between the two accounts has to do with the investment holdings. A gold IRA allows you to buy precious metals in their physical form, including gold, silver, platinum, and palladium. In contrast, a traditional account typically holds paper assets, such as stocks, mutual funds, bonds, and exchange-traded funds (ETFs).
Does GoldenCrest Metals Offer Precious Metals IRAs?
Yes, it does! GoldenCrest Metals offers several options for those who want to put precious metals in their individual retirement accounts, including gold and silver IRAs. Contact the company to get more information, evaluate each alternative, and choose the one that best suits your situation or goals.
Is GoldenCrest Metals a Scam?
No, it isn't! As our research has shown, GoldenCrest Metals is a legit gold IRA company. This is further demonstrated by the firm's BBB accreditation and 5-star ratings on verified review sites, such as Yelp and Trustpilot.
Can I Store My Precious Metals at Home If I Purchase Them Through an IRA?
If you hold a gold IRA, you're the owner of your assets. However, this doesn't mean that you can take physical possession of them. Unfortunately, this account won't allow you to store your precious metals at home. Instead, you have to leave them securely stored and insured in a reputable depository.
Once you turn 59.5 years old, you may be eligible for distributions, which means you can withdraw your funds from your IRA in either cash or as precious metals.
What Physical Precious Metals Can I Hold in My Gold IRA?
A gold IRA gives you the opportunity to invest in multiple assets. You can diversify your portfolio with the most common precious metals (gold, silver, platinum, and palladium) in the form of coins, bars, and ingots as long as they meet the purity levels and other requirements set by the IRS.
