Today we review the GoldSilver company (or Silver & Gold Ink to be correct). What is GoldSilver about? Is it a scam or a legit option for you to go with? Are there better options out there? These are some of the questions this short review will focus on. Ok, here we go!
Owner: Mike Maloney
Price: Depends on your investment
Who is it for: Investors
Overall rating: (4.2 / 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 GoldSilver!
What is GoldSilver about?
A company based in Monica, California but also offices in other parts of the world. What is GoldSGoldsilver.com, or what is Silver & Gold about? Yes, it is, just like many similar companies, a company that specializes in retailing gold and silver coins and bullions. The company owner (Mike Maloney) is a well-known guy and is even a best-selling author
The company owner (Mike Maloney) is a well-known guy and is even a best-selling author in the topic and what you could consider something of an expert in the financial market.
How does it work?
The company, (just like its competitors) offers a wide assortment of silver and gold bullion coins that you can buy. You can also get help selling your own gold and silver.
Sounds great, just like all of its competitors!
So, what makes this one a better choice than some of it´s competitors?
- Gold Coins (IRA eligible)
- Silver Coins (IRA eligible)
- Gold, Silver, Platinum, & Palladium Bars
- Silver & Gold IRA’s
No, they do not offer IRAs. They instead recommend you to 4 different IRA options…
They instead recommend you to 4 different IRA options…
GoldStar Trust Company, New Direction IRA, American Estate & Trust, and Provident Trust), Important: all of them have their own storage and admin fees
**If IRAs or a “rollover” is what you are looking for I would strongly recommend to check out the #1 recommended company for that by clicking here instead.
Can you get the gold (and other metals) delivered to your home?
Yes, you can.
However, on their website, they clearly point out that you should pick the option to store in a secure vault instead as it is their recommended option for you to store.
Can you store your investment with the company?
Yes, you can. They offer vaults in Salt Lake City, Hong Kong, Singapore, Toronto, etc.
Can you sell back to the company?
Yes, you can, here are the “rules” for doing that:
Conditions of the Sellback:
- The items for sale must be bullion a product we carry at GoldSilver.com™
- The items must be in new condition
- The items must be sold in an increment or multiple that we sell on our website
- If the items sold are in tubes, all coins within each tube must be of the same year within that tube.
Can anybody in any country use the service?
Not all countries are allowed to use the service of the company but around 90 different countries are allowed.
If you want to know if your particular country is among them you can check that on their website by clicking here (opens in new window)
Is GoldSilver a scam?
So, is GoldSilver a scam? No, it is not a scam. It is without a doubt a legit company. The owner is an expert in the field and a well-known and respected player in the precious metals game.
How about the online reviews and complaints?
BBB Rating: A+
BBB Complaints: 6 complaints in the last 3 year
BCA Rating: AAA
BCA Complaints: 1 complaint in the last 3 years
RipOff Report: 0 Reports
SiteJabber: (1.0 / 5) based on 1 review
Yelp: (1.5 / 5) based on 3 reviews
Trustpilot: 9.3/10 (based on 351 reviews)
Below I share a screenshot found from TrustLinks website where you can find some of the worst complaints:
If you want to read more of the worst complaints you can go through all of them on TrustLinks website by clicking here (opens in new window)
I guess you can say there is overall a pretty good reputation the Silver Gold Ink company got.
The thing is that there are companies with even a better reputation than this, in fact, there is actually one (GOLDCO ) with zero (!!) complaints, it is also our #1 recommendation.
==> click here to read more about it.
How´s the support?
Something that is very positive with their support is that they actually do have a live chat function. Something that many of its competitors lack in their service.
Another thing I liked was the FAQ on their site as I think that one was pretty informative also.
They also offer the normal e-mail and physical mail address plus a phone nr as well, so it feels right to say that their support is not only good but very good.
Why You Should (Or Should NOT) choose GoldSilver?
If you are looking for platinum and palladium you might want to look somewhere else, if you are looking for IRA services you also might be better off going somewhere else. What if you are after gold and silver then?
What if you are after gold and silver then?
Then GoldSilver might be a good choice, however, it won´t reach up to be able to compete on our Top 5 List
Do You Own or Represent GoldSilver?
If you are a representative, or associate of GoldSilver.com 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 GoldSilver
Overall rating: (4.2 / 5)
I think I have made my point pretty clear on this one, it is a legit alternative for you, no doubt about that. However, there are some complaints online and as always when you are looking to make an investment or any kind of purchase it is wise to review the company and look on alternatives before making a decision.
Which Company Do You Recommend?
If you are looking for a reputable gold IRA custodian besides any other company, you should check out GOLDCO.
GOLDCO DIRECT have ZERO complaints from A LOT of real users. Used by celebrities, respected by well-known publications, and websites.
And A LOT more benefits!
I hope you found this review on GoldSilver or Silver & Gold Ink to be helpful and now you should have a better understanding on what it is and if it is something for you or not. If you are currently using or have used their service before please share your experience in the comment section as it can help others. Also, if you have any questions about this review I will be more than happy to answer them below.
I wish you success!
Founder of: Gold Retired