Today we will take a look on GOLDCO Direct for you. What is GOLDCO Direct? Why are they the fastest growing gold IRA provider in the U.S. right now? Legit or scam? Will it be your best alternative or, are there better options out there? Ok, let´s look into it!
Company: GOLDCO DIRECT
Owner: Trevor Gerszt (CEO)
Price: Depends on your investment amount
Who is it for: Precious metals investors
Overall rating: (4.8 / 5)
Important to mention before we go into more details of this review:
We always strongly recommend to do your research online before you choose a company to invest with. There are so many reviews online of clients being ripped of and scammed. So please investigate thoroughly before you make your decision.
With that being said, let´s continue with the review on GOLDCO DIRECT!
What is GOLDCO DIRECT about?
Founded in 2006 GOLDCO Direct is one of the “young” companies in the precious metals industry. The company is an online dealer of gold and silver bars and coins. What might be good to mention here also is that GOLDCO Direct is also referred to as Heritage Gold Group.
The physical address of the company is: 6320 Canoga Ave, Woodland Hills, CA 91367, USA
How does it work?
In short, Goldco Direct (GD) is a company that offers precious metals directly to you (the client), and also delivery, into IRAs and 401(k).
Advice (and recommendation):
I would highly recommend that you claim the free investing kit that is offered to you by Goldco and go through it in “peace of mind state” in your own pace to learn more about what they can do for you:
The Products and service offered:
The 2 main services of GD is:
- Specializes in selling gold and silver in the form of bars and coins.
- They also offer help to its clients to add precious metals to their 401(k) or IRAs.
Their coin catalog (found on their website) offers a wide range of investment options for you:
- Pre-1933 Gold
- Gold Bullion
- European Gold
- Investment Grade Silver
- Certified Graded Coins
- Silver Bullion
Yes, IRAs are offered, it is kind of one of the company’s main services (as mentioned above). Below are the fees associated with an IRA account with GD:
As you can see the annual storage fees are at a good (low) $100 per year, which is a competitive price as some of its peers got 2-3 times higher annual storage fees. However, there are other companies that got the same low annual fee that GD has also.
Can you get the gold (and other metals) delivered to your home?
This is something that is not mentioned on their website. A qualified guess would be that they don´t offer this kind of service as most of its competitors proudly display such a service when they offer it.
Can you store your investment with the company?
Yes, you can. Or more correct through their third-party partner depository. The well-known and trusted Delaware Depository is one of the storage options they offer to their clients.
Can you sell back to the company?
This is not mentioned on their website, so I would recommend that you contact them and ask about this if you got precious metals you want to sell.
Can anybody in any country use the service?
No, the services of Goldco is for citizens living in the U.S. only.
Is GoldCo DIRECT a scam?
So, is GoldCo Direkt a scam? No, it is not a scam, it is a legit company of course. Even if it is still “new in the game” it would have never survived since 2006 if it wasn´t. It also got a real (and experienced) owner and a real physical address as pointed out earlier in this review.
However, if they are your best choice among the hundreds of peer companies out there is another story.
That leads us to the part we always look at in our reviews, what are the most well-known and trusted 3rd party consumer protection agencies have to say:
GoldCo Direct Complaints, Reviews, and Ratings online:
BBB (Better Business Bureau)
Overall rating: A+
Review score: (5 / 5) (out of 12 reviews)
Overall rating: (4.6 / 5) in trust score (out of 25 reviews)
Overall rating: (4.8 / 5) (out of 220 reviews)
Overall rating: (5 / 5) (out of 5 reviews)
Overall rating: (4.5 / 5) (out of 14 reviews)
Overall rating: N/A
Overall rating: N/A
Goldco have been featured on all these 3rd party consumer protection agencies below and are actually the company that is recommended by most independent 3rd party consumer protection agencies of all companies in this industry:
The conclusion from this:
Well, as you can clearly see from the above reviews, testimonials and ratings left by clients of Goldco you can with ease say that they are doing a very good job keeping their clients happy. Their ratings are well above average and of the 150+ gold dealers and companies we have reviewed there are not many that have a better reputation. In fact Goldco is the (right now) fastest growing gold IRA provider in the USA and is a very popular alternative among high net worth investors:
How´s the support?
One thing that I always put a lot of weight on when it comes to the quality of a company’s support is if they got a live chat function or not. GD has this and that is a plus (at least in my humble opinion).
They also offer an e-mail, physical mail address and a phone number for you to contact them with your questions and inquiries.
In short, their support is great and you can expect fast answers.
The pros and cons of GOLDCO DIRECT
It is always recommended to compare a company’s pros vs its cons to get a better understanding and picture of them, right? Below I have highlighted some points to make this task easier for you:
- Offers a wide range of products and services
- Good overall rating score from its clients
- Offer FREE educational material that might be very valuable to you (claim your free kit + silver coin on this page)
- Great customer support
- Trusted by more 3rd party consumer protection agencies than any other gold company in the U.S.
- They only offer gold & silver for the moment
Do You Own or Represent GOLDCO DIRECT?
If you are a representative, or associate of GOLDCO DIRECT and have found something not to be correct in this review please, feel free to tell and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or else you got the e-mail on the about page.
Final Words and Verdict on GOLDCO DIRECT
Verdict: Legit (and recommended)!
Overall rating: (4.8 / 5)
Ok, I think that sums up the whole overall picture of this company pretty good for now. This is a legit company, no doubt, and not only that they are a very good one. We have reviewed over 190+ precious metals and IRA providers and GOLDCO is the one with the highest rating so far among it´s peers.
however, I miss other investing assets such as for example the very popular Bitcoin. The lack of alternative investments besides precious metals are a smal minus (at least in my book).
So, for now, I will set a great 4,8 rating, and that feels very fair. The reason I don´t set a higher one is due to the fact that they only offer Gold & Silver.
However, if you are looking to invest in either gold or silver,or both, then you might have found your top contender here, make sure to take advantage of the free info (+ the kit & free silver coin) to learn further about the company and what they can help you achieve with your portfolio.
The rating can of course change to a higher or lower one in the future as the reviews on this website are getting updated as soon as some “news” on a company comes up.
You have made a smart choice reading this review as it is always recommended that you research and compare many different companies against each other before making an educated decision.
Am absolutely sure that you will find an IRA custodian that is right for you as you clearly understand this concept (you wouldn´t have read this review if you wasn´t, right?)
As always, the choice is up to you to make and I am absolutely sure that you will find a company that suits your needs the best and that you are comfortable doing business with!
Before you make any decisions make sure to do your own research and to compare different alternatives against each other,
for example, as mentioned above Goldco is the company that is recommended by most 3-rd party consumer protection agencies in the whole industry, so a good place to start might be to start off by downloading the FREE material Goldco offers, and take advantage of the free silver coin that you get with you kit as an additional bonus gift:
I hope you found this short review on GOLDCO Direct to be helpful and now you should have a better understanding of what it is and if it might be something for you. If you have used any of its services please share your experience with us in the comment section below, as it can help others. Also, if you got any other questions on this review I will be more than happy to answer them below.
I wish you the best!
Founder of: Gold Retired
- High Client Satisfaction Rate
- Reviews from most 3rd party consumer protection agencies in the whole industry
- Great customer support
- FREE High Value Material Offered
- Fastest growing Gold IRA provider in the U.S.
- Gold & Silver is their only investing assets