Hello and welcome to our Gramercy Gold review! What is Gramercy Gold? What are the products and services it offers? Does it offer IRAs? Is it recommended or not? Let’s find out! This time we’ll be looking at Gramercy Gold for you.
Company: Gramercy Gold
Price: Depends on your investment
Who is it for: Precious Metals investors
Overall Rating: (1 / 5) NOT Recommended
Important to mention before we go into more details of this review:
Gold Retired aspires to give you the best advice about investing in precious metals by investigating different companies. We always strongly recommend doing your research online before you choose a company to invest with. There are so many reviews online of clients being ripped off and scammed. The most common way people are getting scammed is through so-called “hidden-fees” so please investigate thoroughly before you make your decision.
With that being said, let´s continue with the review on Gramercy Gold!
What is Gramercy Gold?
Gramercy Gold is a precious metals dealer and an IRA provider located in Madison Avenue New York.
There is no information about when this company was founded, how many employees it has or who runs it.
All we could gather about this company is their phone number and email that you can find in their websites about us page here ( opens in new window)
Their physical address is: Jerome Mansion, 41 Madison Ave, New York, NY 10010, USA
How does it work?
It’s always a problem when a company’s website is not secure. It gives the wrong impression to the user and is a major turn off. That’s exactly the case with Gramercy Gold. Hopefully, they’ll work on solving this problem in the future.
Just like I said above, this company sells precious metals. You can order them online or through the phone.
They also include a learning center on its website, which is a plus. But, it’s outdated as the last piece of content posted there goes back to the 26th of April 2018.
Overall, I’m not getting a good feeling about this company from the beginning. But, let’s give it a chance and investigate it further in the segments below!
So, What are the products and services offered?
Gramercy Gold sell Bars and Coins in Gold, Silver, Palladium, and Platinum.
Here’s a list of the different products they sell:
- Gold Bars
- Gold Coins
- American Eagle 1-Ounce Gold Coin
- American Eagle 1/2-Ounce Gold Coin
- American Eagle 1/4-Ounce Gold Coin
- Austrian Philharmonic 1-Ounce Gold Coin
- Canadian Maple Leaf 1-Ounce Gold Coin
- Canadian Maple Leaf 1/2oz Gold Coin
- Canadian Maple Leaf 1/4oz Gold Coin
- South African Krugerrand 1-Ounce Gold Coin
- The American Buffalo 1-Ounce Gold Coin
- The British Britannia 1-Ounce Gold Coin
- Silver Bars And Coins
- Proof Coins
- Platinum Coins
Does Gramercy Gold offer IRAs?
Gramercy Gold offers Gold and Bitcoin IRAs. It explains the process of opening an IRA account on their website, whether it’s gold or bitcoin.
Unfortunately, there is nothing about IRA fees, which is a major flaw!
Important to mention here:
Always make sure that you know exactly what fees are associated with setting up an IRA before you sign anything, there are so many reports of people being ripped off and scammed online, and in most cases is in the form of so-called hidden fees where this takes place. Transparency is what you want to look for.
Can you store with the company?
There is also no information about whether you can store with Gramercy Gold.
Can you get the metals delivered home?
Apparently, Gramercy Gold can ship the metals to you but there is no information about their shipping policy.
Can you sell back to the company?
And again, there is no information about this! What a huge disappointment!
What countries are allowed (International shipping?)
Gramercy gold does NOT ship internationally.
Online reviews, ratings, and complaints
Rating: Gramercy Gold is NOT accredited by the BBB.
The conclusion from this:
Gramercy Gold suffer from a MAJOR lack of reviews! There are basically NO reviews about them in all the major review sites.
Do You Own or Represent Gramercy Gold?
If you are a representative, or associate of Gramercy Gold 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
Verdict: NOT Recommended
Overall rating: (1 / 5)
The cold harsh truth about this company is that they only deserve one star. They have a website that’s not secure, no reviews, no IRA fees included and no accreditation from the BBB! How do they even expect to compete with the TOP players of the gold investment game?
Maybe they do most of their work offline, but they are guaranteed to suffer without a decent website and a minimum of an online presence.
Looking for a precious metals IRA in particular?
As mentioned earlier, it is always recommended to compare different options against each other to get a better overall view and to find the company that suits your needs the best.
You made a wise choice reading this review and you are a smart person, so I am sure that you will find the right one for you that suits your particular needs the best!
Below is the absolute highest rated one, by us (Gold retired), but also the best rated one overall according to the most well-known and trusted review and rating sites:
Okay, I think that sums it up for this review. I really hope that you found it useful and that you now know what Gramercy Gold is. Honestly, I highly recommend that you stay away from this company! If you have any questions or remarks please comment them below. Also, they do say sharing is caring, so if you want to spread the word then use the buttons below (Facebook, Twitter, etc) to share this content with others!
Until the next one!
Founder of: GoldRetired.com