In this article, we will review Noble Gold Investments. What do they offer their customers? How well do they match up against the top companies in the industry? Is Noble Gold a scam or a legit gold & silver firm? We will help you answer these and more questions in this short review!
Company: Noble Gold
Website: noblegoldinvestments.com
Founder: Charles Thorngren (CEO) and Collin Plume (The President).
Price: Depends on your investment (see fee structure further down)
IRA minimum purchase: $2,000 (lowest IRA minimum in the industry)
Who is it for? Precious metal investors, retirees
Overall rating: (4.5 / 5)
Warning!
There are many scammers who will trick you into giving them your hard-earned cash.
They employ high-pressure sales techniques like calling you every day.
To avoid this, please do your own research before you decide what firm to invest with.
You can do this by checking the reviews and ratings independent 3rd party consumer protection agencies give them.
To discover which investment firm consumers rate the highest… who won’t bother you with pushy sales calls… and who you can trust to protect and grow your wealth… then take a look at the #1 Recommended Gold & Silver IRA Dealer on our top-5 list.
With that being said, let´s continue with the review on Noble Gold!
What is Noble Gold?
Noble Gold is a precious metal investment company that offers convenient and secure investment in precious metals. The account managers are dedicated to assisting clients through the decisions involved when choosing the best options that fit their investment needs.
The company offers direct purchase of precious metals options to collectors, investors, and other financial specialists. Once a purchase is made, the company provides photographic evidence of the precious metal purchase being placed into the depository.
Though Noble Gold is only six years old, its founders have been in business for over 20 years, which provides the much-needed experience in managing precious metal investments. The company has secured investments accumulating over $200 million in precious metal investments. They have an extensive selection of precious metal products, which means that getting gold to keep in your home is simple with the company.
The company has options for platinum and palladium and rare coins for investors looking to buy precious metals. This is an excellent retirement investment that utilizes the strength of precious metals. When you are planning for retirement, investing in gold is often the best means of preserving the value of your assets over a long period.
Address: 1 S Fair Oaks Ave Suite 200-A, Pasadena, CA 91105, USA
What products do they offer?
The company offers its clients different physical precious metal products for direct purchase or investment into an IRA. These include IRA-approved gold and IRA-approved silver and other precious metals as well. Their IRA investment gives you the option of choosing between bars and coins in various forms like bars and various coins.
Having different options if precious metal investments ensure you have multiple choices to compare and choose from whenever you need to invest or purchase. Noble Gold is the one company that will help and guide you through the investment process and ensure that you are getting the best protection for your assets.
Your wealth represents the fruits of your hard labor; as such, every person wants an investment option that assures security for their wealth. This should be a company that is capable of protecting your assets for as long as you need with minimal risk of loss or decline in value.
How to get started?
On the website, you can get the basic information necessary for understanding what is being offered and in which options. This information could be quite helpful for investors who want to invest in precious metals, either through a direct purchase or in a self-directed IRA.
The website also offers some background information concerning the company as well as a signing-in option. After you sign in, you are provided with a form to fill in your details. Once you have completed this step, Noble Gold advisors will contact you within 24 hours of your form submission to help you choose the best investment strategy for your investment needs.
Should you decide to invest with Noble Gold, you will benefit from low annual fees as well as segregated storage for your precious metals and insurance. The company also gives you access to an online account which ensures you can monitor your account even when you are overseas.
If you are leaving abroad, you can also purchase rare coins and other precious metals. However, Noble Gold ships and stores them in U.S. vaults. The company offers several survival packs to choose from, ranging from $10,000 to $500,000. For the investors that reside abroad, the noble ambassador pack enables them to hold precious metals in North America, which can be paid for in Bitcoin or dollars.
Noble Gold IRA?
The company has Gold IRA; investing in a gold IRA with Noble Gold means acquiring physical gold to hedge against inflation and reduce the risk of losing your investment through factors such as inflation or devaluation.
They also offer the option to invest in a silver IRA. The process is similar to that of a gold IRA, but a silver IRA has higher annual fees. You are provided with an online account for both IRAs that helps you access your balances.
Something that stand out with the Noble Gold IRA offer is that their minimum purchase amount is as low as $2,000 and that is the lowest minimum in the industry, at least from what we have seen, and we have seen it all basically as we have reviewed over 120+ gold companies in the U.S.
**That is a very low minimum as normally the minimum is a bit higher, so in other words the Noble IRA might be a good idea for “IRA first timers” or for someone who are on a tighter budget so to speak. For the “bigger investors” there are companies like Augusta Precious Metals (minimum $50k) and Goldco Precious Metals (minimum $20k) that might suit better.
Getting started is simple — open an account, transfer funds, and choose your metals.
What IRA custodians do they work with?
Noble Gold does not act as a custodian for your gold IRA account but works with New direction IRA or Equity International to provide you with custodianship. Naturally, this will demand extra costs in fees related to the services these partners provide.
What are the fees?
The company’s gold IRA has an $80 annual recurring fee, while that of a silver IRA is $225, also annual and recurring. You are also required to pay $150 for gold storage and $250 for a silver storage service in Texas or Delaware. That includes secure segregated storage of your precious metals, insurance, and access to an online account. However, the company has not availed of the prices for the sale of precious metals.
Can you sell back your precious metals?
Yes. They offer a buy-back program for the precious metals you purchase from them.
How good is their support?
The company has good customer service considering they contact a client 24 hours after filling their form. They also provide contacts and an email that you can use to get further information from a consultant.
Is Noble Gold a Scam?
So, is Noble Gold a scam? No. The company is not a scam but a legitimate gold investment company. They got real owners and a real physical address. The length of time the founders have been operating can be used as evidence of their legitimacy though the company is only 6 years old.
However, what we always put the most weight on when it comes to the actuall quality of a company is to look at their reviews. Not just any reviews but the ones that are placed on the most well-known and trusted independent third-party consumer protection agencies. Let´s look at the testimonials and ratings on those platforms, maybe we can even find some complaints?
Noble Gold’s reviews, complaints & ratings:
BBB (Better Business Bureau)
Rating: A+
Customer rating: (5 / 5) (from 48 reviews) click here for details (opens in new window)
Trustpilot
Rating: (0 / 5) (from 0 reviews) click here for details (opens in new window)
BCA (Business Consumer Alliance)
Rating: (5 / 5) (based on 4 reviews) click here for details (opens in new window)
Trustlink
Rating: (5 / 5) (based on 123 reviews) click here for details (opens in new window)
Consumer Affairs
Rating: (5 / 5) (from 147 reviews) click here for details (opens in new window)
Yelp
Rating: (5 / 5) (from 1 review) click here for details (opens in new window)
What can we make out of these results?
The only thing I miss is reviews and ratings from the Trustpilot site, we didn´t find anything there and that is a small minus, at least in my book. However, the company is clearly off to a good start, during the short period of time (6 years) it has managed to impress a lot of its clients. This could only mean that though it has been in operation for a limited period, it has been offering professional services. However, for a relatively young company such as this, it is always whether it will stand the test of time.
Any complaints & red flags?
Well, yes, we did find some complaints, on the BBB website for example there have been a total of 2 complaints in the last 3 years. Before I show an exact excerpt from the complaint I just want you to remember that even Mother Theresa had haters:
They are liars and rip you off not impressed with them at all. I now wish I would have went with a different precious metals investment firm instead of Nobel Gold.
Important to mention here is that both the complaints have been closed, so that means they have been resolved.
Almost all companies got complaints, and as the 2 (resolved) complaints on the Better Business Bureau website were the only to be found I wouldn´t be to alarmed, especially when there are a very high number of super positive ones across many other consumer watchdog platforms.
So there are two ways to look at it I guess, either the company delivers excellent service, or since the company has been active for a short period, it has not made many mistakes.
Personally, I would see the lack of reviews from the Trustpliot site as a bigger red flag than the 2 complaints in the last 3 years on the BBB website. The reason for that is that only real customers of a particular service can leave their testimonials on Trustpilot, so I normally put the most weight on that agency.
Are there better alternatives out there?
My advice is that any prospecting client should make conclusive research and comparison with other companies in the industry. As different clients will have different investment needs. This should be a personal choice based on your assessment. Obviously, if you are on a tight budget then Noble Gold is a good alternative for a gold IRA, maybe even your only alternative due to it´s lowest minimum in the industry. The second lowest (from what we know) is Advantage Gold, their minimum IRA purchase is $5,000, and is also a firm you might want to look at, especially if you are on a tighter budget.
P.S.
However, if you are on a bit bigger budget than that, and for that reason got more options, and a wider selection of firms to choose from. Then I would recommend that you take a look at our top-5 list of Gold & Silver IRA companies
or,
if you are looking for a gold or silver direct purchase (outside of an IRA) and want to compare the top-rated alternatives, then you might want to look at our top-5 list of gold & silver firms (for direct purchase)
Noble Gold’s PROs & CONs
Positive;
- Good customer services & educational material
- Quality gold and silver products
- Low IRA account minimum ($2,000)
- IRA fees published on the website
Negative;
- They do not display fees for precious metal purchases
- Nothing to be found on Trustpilot
Do you own or represent this company?
Are you the owner or a representative of Noble Gold? Would you be interested in clarifying any of the details we have provided above or adding something? We will be glad to update the information and ensure that potential gold investors get the best impression of your company. The easiest way to contact us is by leaving a message in the comment section below or simply contacting us through the email: contact@goldretired.com
Final words & Verdict
Verdict: Legit
Overall rating: (4.5 / 5)
Summary: Ok, I think that sums up the overall view of this company pretty well. Noble Gold is a legitimate investment company focusing on wealth and asset protection. They also offer gold IRA and are a company with excellent and reliable customer support.
However, I miss one thing, the fee structure on precious metal purchases; there is no info on this on their website. I also miss some testimonials on the Trustpilot website, would be good to see at least a couple but there are zero reviews to be found there from their customers.
So, a 4.5 out of 5 stars is my rating; for now, this can, of course, change to a higher or a lower one as we try to update our reviews on this site as soon as something new comes up on the company we have listed here.
Recommendation
Please ALWAYS compare different alternatives before you make any decisions. You are a smart person, I know that as you clearly understand the consept of researching a company, you wouldn´t have read this far otherwise, right? So I am absolutely sure that you will find the right firm that suits your particular needs the best and that you feel comfortable to do business with! Below are some buttons to resources that might be very helpful for you:
I hope you found this short review on Noble Gold to be helpful and that you now have a better overview of the company. If you have used any of their services then please share your experience in the comment section below as it can help others! Also, if you got any questions about this I would be more than happy to answer them below as well!
I wish you success!
Glanz, investor and team member at Gold Retired
My wife and I both rolled over our Roth IRA’s in 2021. Recently (Oct 12 and 13, 2022) we requested that all of our precious metals be shipped to our home address. There was no problem in obtaining mine, but my wife has not been able to get hers even though our credit card has been charged for termination and shipping fees on Oct 28th. Repeated emails of inquiry have not been answered and phone calls have been returned by Equity International stating that “they are very busy right now.” I’m at a loss and not sure where to turn to next.
First of all, thank you for your comment and for sharing your (bad) experience.
It is very good that you share what has happened to your wife here as it sound very serious.
One thing though, not sure if it is allowed to store IRA gold at home?? Did Noble Gold told you that is fine?
Have you tried to contact Noble Gold about this?
Please feel free to come back here and update us on how things turn out for you guys, it can help others make better decisions.
Thank you again,
/Best