What is Acre Gold? How are its services different from those offered by other companies in the industry in which it operates in? Is it one that you can actually recommend to your friends or one you should tell them to stay away from? Join me in this review as we find out what exactly this company is out to achieve:
- What is Acre Gold?
- How does Acre Gold Work?
- What can you expect from the Acre Gold subscription?
- How does the Acre Gold monthly subscription work?
- What are the characteristics of the bar of gold?
- The pricing to expect when relying on Acre Gold
- Is Acre Gold Genuine or is it a Scam?
- Pros and Cons
- Final Words and Verdict
Name of the company: Acre Gold
Official Website URL: https://getacregold.com/
Overall Rating: (3.7 / 5)
What is Acre Gold?
Acre Gold is a firm that is out to provide opportunities for all clients to acquire gold in a manner that’s more stress-free and affordable, in comparison to other firms in the industry. The company’s existence can be attributed to a group of fintech veterans who joined hands with gold bugs, in a bid to maximize the benefits of gold for the public. They achieved this by creating an operational model that made gold more affordable and accessible.
This company is at the moment based right outside Santa Monica, CA, and Boise, ID.
How does Acre Gold Work?
This company simplifies things for the small scale and large scale investors, in a bid to help them beat the complexities that would otherwise lead to the loss of time and their money. This is achieved through these ways:
The $50 per month subscription
With this subscription, this company ensures that all investors do not break their bank as they try to purchase gold. With as little as $30 per month, you can get started with Gold investments. There are also $30 and $100 options as well.
Begin to watch as the gold grows
You will get an update from Acre Gold on how the value of your gold stash is growing.
Your Gold is shipped right to your door
Upon your gold reaching the price of Acre Gold’s gold bars, they’ll be discreetly shipped to your door.
You can cancel at any time
This company guarantees that you are in control. You have the power to easily cancel or change the Acre Plan, to adjust to your future financial objectives.
What can you expect from the Acre Gold subscription?
Acre Gold’s owners are fully aware of the fact that Gold is the new store of value. The precious metal has in the recent past evolved to become a timeless, thoughtfully designed, and a guaranteed commodity to help investors to retain the value of their portfolios in a manner that cannot.
One of the excellent and recommended weight options for the beginners in the field of gold investments, as well as for the pros who’d like to accumulate gold over a given period, is the 2.5-gram gold bar. This bar is usually refined and presented in a modern design that has a mirror-like finish.
How does the Acre Gold monthly subscription work?
You can pay $30 per month, which will eventually accumulate until the funds in your account get to a level in which they can facilitate the purchase of a 2.5g Acre Gold bar. At this point, Acre Gold will ship you the Gold bar, and you can continue making payments for the next bar.
Note that Acre Gold will deduct the shipping and fulfillment fees from the amount you’ve been sending on a monthly basis. New customers also have to pay the $12 membership fee (upfront and one-time).
Acre Gold usually sends its customers monthly progress reports after they’ve made each payment, right from the time they make the second payment. The first email receipt that you receive as a customer should contain a ‘Manage Subscription’ link that redirects you to the Customer Portal, from where you can view/ edit the account details as well as the transaction history.
If you cannot view the monthly progress emails, you are advised to search your inbox as well as the spam folder to view all emails sent by Acre Gold.
What are the characteristics of the bar of gold?
Most investors are usually very concerned about the quality of the gold they purchase for investment purposes. Acre Gold has done a great job of presenting some highlights about the gold bars, in a bid to give potential customers trust in their product. Each bar has the following characteristics:
- It contains 2.5 grams of 0.9999 fine gold.
- The individual bars are usually presented to customers in a sealed protective assay package. This package usually lists the weight along with the authentication of the bar, as per the assayer.
- Obverse- it features one stamped acre Gold logo that also indicates the weight and purity of the gold.
- Reverse – it features the Acre Gold Logo.
- Every bar purchased reaches the customer in a premium, soft-touch box that has a display drawer.
The pricing to expect when relying on Acre Gold
As already highlighted, to join Acre Gold, should pay a one-time upfront membership fee of $12. You can then start making the $ 50 monthly fees for the subscription. We’ve also seen that you can also pick the $30 per month subscription. In both cases, the amount that you contribute will give you 2.5 grams of gold.
If for instance, the price of 2.5g of gold is $200, you’ll be required to pay $50 per month for the next 4 months (this is a hypothetical case).
Note that the price of the 2.5g is usually sold at a premium price above the spot price.
Is Acre Gold a Scam or Legit & Genuine?
So, is Acre Gold a scam? No, of course not, Acre Gold is in my opinion a genuine company that just has not been around for long. That’s (most likely) why you’ll not find very many reviews about it on consumer trust sites.
It’s not yet a BBB-accredited business, but there are several consumer complaints and responses that prove that this company exists and that it’s out to achieve what it promises on the official website. Even with several low ratings, Acre Gold shows a great level of customer service by trying to respond to each complaint.
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Pros and Cons
- Provides customers with an affordable way to purchase gold
- Has a referral program
- Clients can cancel their subscriptions at any time
- They have responsive customer support
- The official website isn’t the most informative one.
- Customer complaints and negative reviews
- Very new to the gold investments industry – may not be trusted by some customers
Final Words and Verdict
Overall Rating: (3.7 / 5)
We’ve seen that Acre Gold, indeed provides a way for customers to purchase gold. There are unfortunately very few consumer ratings and reviews, making it hard for us to decide whether this company’s services are highly reliable or not. There are several consumer complaints, but Acre Gold is prompt to respond to them.
Acre Gold offers an affordable way for customers to acquire gold, though I’d still point out that there are some very reliable companies that you can rely on if you want to purchase gold for the purposes of investing for your retirement years.
Thank you for sticking through till the end of this review on what Acre Gold is all about. Hopefully, you gained enough value from it, and that it is not a scam. Hopefully you know better whether you can rely on it or even recommend it to your friends and family. Drop your questions or remarks in the comments section below:
I wish you well,
Eric, investor and Team Member at Gold Retired!