Please examine the reviews before you decide to invest anything with GoldCo. All the 5 star reviews are buyers - giving them money to invest. The selling reviews are the 1's (and would be zero if available). They are great at taking your money, but getting it back out is a task, to put it lightly. I still have not been able to even get a call back to get a buyback quote, although I've been trying since 12/23 (today is the 27th business day - excluding Christmas, New Years, and MLK). Literally zero from them other that automated emails informing me of delays. I have looked into other precious metals brokers that deal with Equity Trust at the Delaware Depository (so I don't have to physically move the Gold/Silver), and gotten 2 separate quotes within the hour with buyback quotes. I had made the decision to transfer my dealer designation when the precious metals market made it's historic dump from record highs. If GoldCo had communicated (at all!!) with me when I'd asked repeatedly for a buyback quote, I would not be writing this review. Timeline for reference: I called on 12/23 with the initial ask for a buyback quote (left message as that was all that was offered) and received an automated email stating that they were handling RMD's and to reach out on 1/16 for a buyback quote. I called on 1/16 (message again) and received an automated email stating they would call me back within 3-5 business days - which would have been by 1/26. I called back again on 1/28 (another message left) and got an automated email stating they would contact me within 5 business days. That will be by tomorrow, but I don't have any expectation of a call back based on their current responsiveness. And at this point, it doesn't matter because silver has dropped from $120 an oz to under $80, the bulk of the profit has vanished.
I'll also just mention that they charge massive premiums on their gold/silver coins up front(example: $66 per oz for silver when it was under $30). And, when I called the other companies for quotes, I was informed that the coins GoldCo sells are pretty much exclusive to them and there is zero demand on the secondary market for them, so any buyback quote is based on melt value only.
I can't in good conscience recommend anyone do business with GoldCo. They get you upfront with the premiums, then they hold you hostage with any buyback. Please go with someone else (DYOR) for any precious metals account!
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Goldco is a privately held company in the Los Angeles area with over a decade of experience in helping customers protect their retirement savings. Whether you want to diversify your retirement assets into a Precious Metals IRA or buy gold and silver directly, a Goldco Precious Metals Specialist can help you seamlessly navigate the process from beginning to end.
Goldco's enduring reputation for exceptional customer service, strong ethical standards, and its commitment to precious metals education and resources distinguish it as a preferred provider in the precious metals industry.
Goldco is the only precious metals company recommended by major media leaders like Sean Hannity, Chuck Norris, Ben Stein and Laura Ingraham. Goldco is honored to be the only precious metal company they recommend to their audience, family and friends.See more
