Last Updated on November 14, 2023 by Ben
Amerigold is a company that has been providing quality gold and silver products to its customers for many years. Amerigold is dedicated to providing excellent customer service and offers a wide variety of products to choose from. Whether you are looking for gold coins, silver bars, or anything else in between, Amerigold has you covered!
Amerigold Review: Overview
What is Amerigold?
AmeriGold is a firm based in the United States that specializes in selling and purchasing precious metals. It was founded in 1998, and its current CEO is Greg McCoach, who started his career there. After the 2008 financial crisis, he became known for predicting that gold prices would reach $1,000 per ounce or higher.
The gold trade industry piqued his interest because of the security it provided and the economic ideas expounded in J. Paul Getty’s autobiography.
The firm has been in operation for 20 years and does not utilize advertising. Instead, it is supported by word of mouth and referrals for new clients. According to the company’s website, their continued presence in the market using this marketing strategy demonstrates their superior service and counsel.
- Address: 19627 E Fair Dr, Centennial, CO 80016-3864
- Toll-Free Phone: 1-800-574-0047
- Local Phone: (720) 870-8021
- Fax: 720-870-8022
- Email: [email protected]
- Website: http://www.amerigold.com/
About the Management
Greg McCoach is an expert entrepreneur and a precious metals dealer. In the months before the 2008 financial crisis, he was one of the first analysts to predict that gold would reach $1,000 in 2007.
He founded Amerigold on contrarian investment principles, which he learned from J. Paul Getty’s autobiography, promoting precious metals when most investors seemed out of favor.
Not long ago, the majority of individuals were unaware that they could invest IRA funds in precious metals like gold. These tax-protected retirement accounts and unusual investments have usually been frowned upon, and there is a lot of regulation around them.
You’ve always been able to invest in precious metals using your IRA deposits. However, before, the range of transactions was limited to purchasing American Gold Eagles. Now that you’re retired, you may build your entire retirement portfolio out of gold and other members of the precious metal family.
However, establishing and finding a gold IRA may be challenging, even for someone who has been administering IRAs for many years. It’s critical to locate a firm that can assist you in better understanding the regulations and avoiding any tax fines after making this transition.
Amerigold Core Information
- IRA Transfer Process: 7-14 Days
- 401(K) Rollover Process: 21-28 Days
- Metals Delivery: 7-10 days
- Setup Fees: $125+
- Annual Admin Fees: $85+
- Annual Storage Fees: Not Disclosed
- Preferred Custodian: American Church Trust
- Preferred Depository: Not Disclosed
- Min Purchase Amount: $2000
- Physical IRA Application: Yes
- Digital IRA Application: No
- U.S. Mint Listed Dealer: Yes
- ICTA Membership: No
- TRUSTe Verified: No
You’ll note that AmeriGold has a rather barren online reputation, with just a strong BBB profile to show after 16 years in operation.
The business is also mentioned on CitySearch, Google+, and the Yellow Pages, and while they have not yet received any stellar reviews on those sites, they haven’t had any negative ones either, putting them in the top 70 gold IRA companies in 2020.
Amerigold Educational Resources
The company’s website is www.amerigold.com. Because it lacks any social media presence, the site serves as the company’s online platform. The website’s purpose is to provide information about the firm rather than to facilitate networking opportunities.
It is simple to go around the well-designed website. Since you aren’t revealing any personal information on the website, there are no stringent privacy standards in place.
Impressions have a simple layout that allows visitors to look up different concerns and attempt to answer the most commonly asked questions about the sector and its operations. Everything is organized in a question-answer structure, allowing you to get what you need faster and making scanning easier.
The website provides additional information and resources to potential clients about the firm’s operations. There is a lot of emphasis on how a client obtains access to do business with AmeriGold.
There are several guides on how to acquire a variety of goods. How to contact them, the company’s policy, and how it sets its prices are all addressed. You also know what types of items will be included, as well as the minimum quantities they’ll need to pay, the price lock period, payment options, and shipping choices and costs.
For industry news, visitors to your site will have to check numerous charts, and there is a possibility of receiving a newsletter. The FAQ page on the website, for example, addresses most of the questions that a customer might have.
Additionally, the firm prides itself on having a trustworthy representative who can assist a client in determining whether different choices are the best option for them. Customers may then choose an investment that best meets their requirements while still offering good prospects for high returns.
Product and Services Provided
AmeriGold partake in the sale and purchasing of;
- World coins
- Numismatic products
The firm’s bullion coins and bars are permitted for inclusion in an IRA. To assist clients who wish to establish a precious metals IRA and utilize its various services, AmeriGold directs them to the best-suited IRA custodians. Custodians who offer rollovers or funding and management of self-directed IRAs are available.
To do business with the firm, you call them and request a quote for the goods in question. If you accept the purchasing or selling quotation provided, tell the representative to secure your transaction, and the business will protect you in the market. Within the time frame given, you must pay for or deposit your goods or be responsible for expenses after it is done.
The minimal sum for all transactions is $5,000. The business does not provide its pricing on the website, so you must call and inquire about it since it is determined by the amount of the transaction. Items are sent to the United States and Canada, and payment must be made through a wire transfer or a personal check. The firm claims that there are no additional fees beyond the price advertised.
AmeriGold Pros and Cons
- Accredited by BBB and ICTA
- Licensed by the U.S. Mint
- There are no reported issues or scandals.
- Genuine investment information
- 20 years of industry experience
- It does n’t offer a digital IRA application
- The website is not encrypted (not safe)
- It does not have a good online reputation.
- There are only a few payment choices available.
AmeriGold Ratings on Consumer Review Sites
AmeriGold is approved by the Better Business Bureau (BBB) and the Industrial Council for Tangible Assets (ICTA). It has an A+ rating from the Better Business Bureau, which is all you can find out about it on the organization’s internet presence.
Even with a stellar rating and being listed on BBB, the firm has had no review, good or bad, for the last 20 years since it began. BCA and TrustLink do not list it, but nevertheless, there are no reviews of any kind on those platforms. The same is true of other review and complaint sites like Ripoff Report.
The fact that the business has had no negative reviews for the last two decades is fantastic. However, having no online reputation perspective from its clients does not aid its case. It’s possible that part of it is due to the company’s marketing strategy and that most of the company is done in a personal setting.
Augusta Precious Metals
Augusta Precious Metals has quickly established itself as a top player in the Precious Metals IRA market since its inception in 2012. For retirement savers, the firm provides a hassle-free, pleasant experience throughout the process. Unfortunately, this firm does not sell platinum or palladium products. The firm waives IRA fees for the first year and provides lifetime customer support. Augusta Precious Metals also claims to be committed to total openness and offers bespoke portfolios for its clients.
Augusta Precious Metals has teamed up with Equity Trust, Goldstar Trust, and Kingdom Trust to offer self-directed IRA clients the most trusted and secure precious metals storage solutions. The company’s gold and silver bullion are kept at the world-renowned Delaware Depository, which is fully insured by Lloyd’s of London for $1 billion all-risk insurance. Clients have the option of selecting either separate or non-segregated storage. Furthermore, you may visit your depository in person and check your gold and silver reserves.
American Hartford Gold
American Hartford Gold is a respected gold dealer in the United States that has decades of experience in the sector. They provide a large range and excellent choice for investors and collectors seeking to purchase gold coins at reasonable prices with quick delivery times from their three offices across the country.
In addition to precious metals, IRA services provide a variety of other goods and services. Their primary claim to fame is their Gold IRAs, which account for the majority of their business. As a result, the bulk of their transaction is in delivering IRS-approved metals into tax-advantaged retirement accounts immediately.
The American Hartford Gold Group offers investors precious metal bars and coins, either as part of an IRA held in a safekeeping facility or directly to customers’ residences, using these investment metals to protect assets by diversifying and hedging the holdings in client portfolios.
Goldco is a top-rated precious metals company with offices in the United States that was previously known as Gerson Financial Group LLC. The company’s original purpose was to assist precious metals dealers in conducting business-to-business transactions.
For 15 years, the firm has helped thousands of clients diversify, expand, and protect their assets with real metals like gold, silver, platinum, and palladium. Goldco’s objective is to assist American consumers in protecting their retirement savings accounts from stock market volatility and inflation by utilizing precious metals.
The firm’s specialty has always been the sale and delivery of IRA-approved gold and silver coins. Best of all, the company specializes in guiding you in determining which precious metals are appropriate for you.
If you’re considering investing in a gold company, AmeriGold is an excellent option. The company has been operating for 20 years, and its CEO appears to be trustworthy from all available sources. In addition, the company’s success depends on their credibility with customers–and that means they have no incentive to take part in unfair or deceptive conduct. Do your own research before deciding on any investment, though!