Hello and welcome to another review at Gold Retired! Today we’ll be talking about a European precious metals dealer: Legacy Gold. What is Legacy Gold? What are the products and services it offers? Does it offer IRAs? Can you store with this company or sell back to it? Is it the best option for non-US citizens? Let’s get started and find that out!
Company: Legacy Gold
Who is it for: People looking to invest in precious metals.
Overall rating: (3 / 5)
Important to mention (before we go into more details of this review)
We always strongly recommend doing your own research online before you choose a company to invest with. There are so many reviews online of clients being ripped off and scammed. So please investigate thoroughly and compare different alternatives before you make your decision.
One example: 99.9% of companies got “pushy” salespeople trying to stress you into acting fast.
Here is the thing, the #1 Recommended Gold & Silver IRA Dealer on our top-5 list got No-salesy representatives… So they won´t bother or terrorise you with phone calls.
You are a smart person, so I am absolutely sure that you understand the benefits of dealing with such a company instead, right?
+They got a couple more benefits you might appreciate as much as I do, you will understand yourself once you have visited the page (link) above.
==> See our Top-5 List of Precious Metals IRA Companies on this page <==
With that being said, let´s continue with the review on Legacy Gold!
What is Legacy Gold?
Legacy Gold is a European precious metals dealer registered in Spain and established in 2016. Shaun Charity is the CEO of this company. Apart from selling precious metals, this company also has an affiliate program and it can also help its clients become a “Bullion Consultant” as explained in the following excerpt from their website:
As a Consultant, you can buy gold in the normal way, but at our very lowest prices…
SAVING UP TO AN EXTRA 10% over spot price every time you buy!
Legacy Gold are proud to offer an Opportunity whereby anyone, regardless of background or experience, can develop a home-based business, with all the support of a franchise, without the costs and overheads, yet with SERIOUS earning potential.
That’s all there is to know about this program, I would’ve preferred to see more details about it.
The only way you can contact this company is by filling in a contact form displayed on their website, there is no phone number nor there is a physical address, that’s definitely not a good sign.
What are the products and services offered?
Legacy Gold only offer small gold bars and they don’t display the different varieties on their website. In other words, there’s not a lot to choose from. The prices of these gold bars are also not displayed directly on their website which makes the huge lack of information they’re suffering from even worse.
They do offer some interesting offers for the gold bars they offer though, as shown in the following screenshot:
Does Legacy Gold offer IRAs?
Legacy Gold does NOT offer IRAs.
**Want to see what IRA solution I would recommend? Click here
Can you store with the company?
Yes, you can store with Legacy Gold and you can get your stored precious metals delivered at any time! Storage with this company during the first 6 months is free of charge as explained in the following excerpt from their website:
he first 6 months of every order is stored free of charge. Thereafter, fees are charged as published on our website which will be done initially during September 2016. Fees will be calculated in accordance with the amount of gold stored, since that affects insurance premiums and that determines the level of storage fees. Remember, it is NOT the policy of Legacy Gold to create a profit centre from storage costs, so you can be assured that fees will be VERY competitive compared to other bullion retailers.
Can you sell back to the company?
Yes, you can sell back to Legacy Gold. The exact types of precious metals they buy and the prices they buy them at are not specified on their website, I found only this small excerpt from their FAQs page that talks about this:
We will buy your gold back at the London Fix price as at 3pm on the day of purchase. Funds will be transferred to your bank account by the close of business on the next working day.
Can you get the precious metals delivered home?
Yes, you can get your gold bars delivered home. Here are the delivery charges of Legacy Gold:
- g – 9g (delivered as 1g bars) £6.50
- 10g bar £7.50
- 50g (as 10g bars) £8.50
- 100g £11.50
- Any changes to delivery charges are posted on the website
- 1g bars for delivery (only) attract a small handling fee
Legacy Gold’s website does not specify the exact countries it allows.
What about online ratings and reviews?
Here’s what the top review websites have to say about Legacy Gold:
There are no reviews about Legacy Gold across the top review websites. Even on Trustpilot where reviews about International companies are usually found, there is nothing.
Learn what company is #1 rated by most 3rd party consumer protection agencies in the industry on this page
Do you Own or Represent Legacy Gold?
If you are a representative, or associate of Legacy 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 on Legacy Gold
Overall rating: (3 / 5)
Okay, I think this sums up everything there is to know about Legacy Gold. This company is fairly new and doesn’t offer a lot of precious metals for you to choose from. It also doesn’t have reviews on any of the top review websites. I would honestly recommend looking in other directions if you’re looking for a company that has thousands of positive reviews and a huge selection of products to choose from, along with their prices.
What IRA company do we recommend?
You made a wise decision to read this review and you are a smart person. I am absolutely sure that you will find the right company that suits your particular needs the best. I would advise you to compare different alternatives against each other before you make a decision. Below you got my absolute #1 recommended IRA custodian:
Click here for my #1 recommended IRA solution!
That’s it for this review! I really hope you found it useful. If you still have any questions about Legacy Gold and what it is or any remarks in general, feel free to share them in the comments below, sharing is caring!
See you soon!
Owner of: Gold retired
- Waives fees for up to 6 months
- No reviews and ratings to be found online
- No IRA alternatives
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