Last Updated on February 12, 2023 by George
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Investing in haven assets like gold and other precious metals is a sensible and practical approach to increasing your wealth when market volatility is at or close to all-time highs.
One business you may have come across if you’re interested in investing in precious metals is Golddealer.com. One of the top precious metals merchants in America, Golddealer.com, has been operating for more than 40 years.
In our study, we examine this well-known business in-depth to present you with the complete picture and assist you in deciding whether it is the best choice for growing and safeguarding your wealth.
Before we get started with this review:
We know how challenging it is to choose a business you can entrust with your hard-earned savings. To give you as much information as possible so that you can make the best decision, we produce informative and practical material.
To make comparing and selecting the company most suited to your needs as simple as possible, we’ve compiled a list of our highest-rated investment firms.
We know the difficulties in choosing a business you can invest your hard-earned money. We produce helpful and practical material because we want you to have as much information as possible to make the best decision.
To make comparing and selecting the company most suited to your needs as simple as possible, we’ve prepared a list of our highest-rated investment firms.
Golddealer.com – Coins, Bullion, IRAs, and More
To have them delivered, stored, or deposited into a self-directed IRA, people can buy a wide range of domestic and foreign bullion and coin goods through Golddealer.com or CNI.
It’s important to note that the corporation does not operate secure storage facilities but contracts with third parties. They are no longer regarded as legitimate IRA custodians because of this.
Nevertheless, Golddealer.com provides a variety of precious metals for sale. Individuals and investors can buy bullion, coins, bars, or any IRA-approved metals, including gold, silver, palladium, platinum, rhodium, and more.
The business provides extra services like free appraisals and market information in addition to its wide range of these items. In the end, Golddealer.com (CNI) ranks among the country’s oldest precious metals traders.
They provide IRA services for customers interested in investing their IRA funds in gold, silver, and other precious metals, in addition to a wide range of bullion and numismatic merchandise.
Bullion and Precious Metals
In comparison to other precious metals businesses that only deal in gold and silver, Golddealer.com has a competitive advantage.
The company also buys and sells bullion bars and goods made of other rare metals, such as platinum, palladium, and rhodium. They sell gold and silver bullion bars and coins ranging in size from one ounce to kilogram.
Customers and investors may utilize the company’s varied choice of valuable metal options for their retirement savings and investment portfolio by turning to Golddealer.com for rare coins or bullion with a tiny mintage.
You may find any precious metal bullion or coin product you’re looking for at Golddealer.com, from one-ounce American Silver Eagles to Australian Platinum Kangaroos.
To add value, they also provide zero commissions on customer purchases, a national price rate, free delivery, and safe storage at an independent storage facility that is fully insured and CME-certified.
IRA Services
Golddealer.com partners with New Direction IRA to provide IRA services for consumers wishing to include gold, silver, and other precious metals in their retirement portfolios, in addition to their extensive assortment of coins and bullion.
As already indicated, they serve more as a conduit for these investing services than as genuine conservators. You can get assistance setting up any variety of precious metal IRA products at Golddealer.com.
An IRA account’s first establishment charge is $150. A $225 annual storage cost and a $295 maximum management fee are also charged.
You can put aside a portion of your yearly salary once the custodian opens your self-directed IRA account to increase your retirement savings.
What We Like About Golddealer.com
There are many reasons to prefer Golddealer.com, including its strong reputation, a wide range of precious metals investment alternatives, and more than 40 years of industry experience. Working with them has many benefits, including:
Affordable Prices
The prices for the products and investment services offered by Golddealer.com are competitive compared to those of other gold dealers and precious metals businesses.
A Fine Selection
By offering bullion and coins in a variety of rare metals, confirmed by the highly regarded Professional Coin Grading Service, Golddealer.com excels in product diversity and quality.
Fast and simple transactions
It is comparatively simple and hassle-free to buy and sell gold and other precious metals and precious metal items. On coin purchases exceeding $1,500, the firm offers simple transactions with no tax or paperwork.
Educational Materials
The Golddealer.com website, despite its archaic design, is chock-full of excellent learning materials and insightful data on precious metals, numismatics, and a range of topics that are helpful to novice investors hoping to advance their investment skills.
Calmness of mind
Golddealer.com guarantees the authenticity of every piece of bullion it sells, and the Professional Coin Grading Service rates every coin. For additional piece of mind, the business has outstanding Better Business Bureau and Trustpilot ratings.
What We Don’t Like About Golddealer.com
Despite having a long history in the field and offering a wide variety of investment opportunities, Golddealer.com has its challenges. Its drawbacks include the following:
Ineffective Website
The business’ website needs to be updated and more user-friendly while being beneficial and packed with great information for potential investors in precious metals.
Technical issues can occur, especially when updating metal price information, in addition to being cluttered and physically unpleasant.
Updates to Transactions are Not Available.
Regarding order confirmations, shipping specifics, and money receipts, Golddealer.com only provides a little information or updates.
Although the sales staff strives to make the purchasing process as simple as possible, it is typically the client’s duty to check on the status of their transaction.
Mediocre Service and Support
Similarly, the business’s customer service could be much better.
Many customers complain of being ignored or receiving less-than-courteous treatment after eventually getting in touch with someone. However, the company offers excellent assistance while guiding customers through purchasing.
No Custodian
Customers cannot purchase and keep their bullion at Golddealer.com because no custodian facilities are available. A storage facility must be chosen by those who want to own gold or silver bullion for their IRA.
Golddealer IRA Fees
When purchasing and selling any stock, bond, precious metal, or other investment asset, fees are simply the name of the game. However, Golddealer.com’s setup costs for a precious metals IRA are more than reasonable.
The costs consist of the following:
- $150 is the initial setup price
- $225 in annual storage fees
- Admin Charges – $75 to $295 per year
Golddealer.com Rankings and Reviews
Given how long the business has been operating, the official Golddealer.com website has 227 registered reviews from April 2013 to the present.
Despite this, the business has an average rating of 4.1 and is generally well-regarded across a number of platforms and organizations.
Better Business Bureau (BBB)
Golddealer.com has an A+ Better Business Bureau rating and has had just one complaint in the last three years, which was small and concerned delivery concerns.
Business Consumer Alliance (BCA)
The business has a AAA rating, has been a BCA charter member for decades, and has never had a complaint made against it.
Trustpilot
Over 1,000 reviews of Golddealer.com can be found on Trustpilot, and they have received an average rating of 4.8 stars. Additionally, almost 90% of reviewers gave the business an “excellent” rating.
TrustLink
To add some variety, TrustLink provides a different evaluation of Golddealer.com, awarding it only 2.6 out of a possible five stars.
One of the reviews was critical of the company’s coins’ quality, but given the company’s track record and return policy, this is an anomaly.
Is Golddealer.com Legit?
Despite all of this, the question of whether Golddealer.com is legitimate or a fraud still has to be raised. Today, no dishonest business could last even five years, much less forty. In other words, Golddealer.com is authentic, not a scam.
The business is well-known in the precious metals sector. It is a member of many trade associations, including the California Coin and Bullion Merchants Association, the Industry Council for Tangible Assets, and the Professional Numismatic Guild.
These groups work to advance moral coin and bullion trading norms and practices by providing legal updates on the regulation of the precious metals sector.
Golddealer.com has a stellar reputation, receiving top marks from the Better Business Bureau, Business Consumer Alliance, and numerous other reputable review and rating sites.
Its membership in the Business Consumer Alliance for more than 30 years speaks volumes about the business’s professionalism.
Golddealer.com is a respectable business with legitimate goods and services. However, it has its challenges.
There might be other solutions that are better suited for you and your investment objectives, given the dearth of storage options, the absence of an internal storage facility, and the poor service history with numerous reports of unprofessionalism.
Final Thoughts – Golddealer.Com Review
Golddealer.com has been trading verified coins and precious metals for decades, as opposed to fly-by-night precious metals businesses that appear one day and vanish the next.
Like the incredibly liquid and active Money Metals market, the company buys, sells, and trades every kind of precious metal, including Silver Eagle Coins, Australian Silver Kangaroos, and Chinese Gold Pandas.
It is simple to understand why Golddealer.com keeps expanding into one of America’s top precious metals organizations with a sizable selection of bullion and coins to pick from and IRA services for individuals looking to incorporate precious metals into their retirement savings.
Despite its flaws, it is a reliable business with a reliable reputation. Just remember that before making an investment decision, as with any trade or buy, you should be sure that you comprehend the figures and basics.
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