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Should you invest with Amerigold?

amerigold

Amerigold is a precious metal investment company founded by Greg McCoach in 1998 in Denver Colorado. The company sells bullion bars, coins, and numismatics items. It also offers precious metal-backed IRA rollover options to its customers.

Contact Details

Address: 6750 South Lima Street, Suite 130 Englewood, CO 80112
Phone: (800) 574-0047
Local Phone: (720) 870-8021
Fax: (720) 870-8022
Email: [email protected]

About the Management

Greg McCoach is an experienced entrepreneur and a precious metals dealer. Before the 2008 financial crisis, he was one of the first analysts to predict that gold would hit $1,000 in 2007.

He founded Amerigold on the basis of contrarian investment principles, which he learned from J. Paul Getty’s autobiography, promoting precious metals at a time when most investors seemed out of favor.

Really not long ago, most individuals were not even aware that they could invest IRA funds in precious metals such as gold. There is a lot of regulation around these tax-protected retirement accounts and unconventional investments have usually been frowned on.

In fact, using your IRA deposits, you have always been able to invest in precious metals. However, initially, the scope of these transactions was limited to buying American Gold Eagles. Now a retired person can create his or her entire retirement portfolio around gold and the other members of the precious metal family.

However, opening and finding a gold IRA can be puzzling, even someone who’s been managing the IRA for many years. Once making this shift, it is necessary to find a firm that can help you better understand the rules and avoid any tax penalties.

Core Information & Ratings

The following are Amerigold ratings and reviews from leading internet business directories and trusted rating sites:

  • BCA Accredited Rating: N/A
  • BCA Complaints: N/A
  • BBB Accredited Rating: A+ (On a scale of A+ to F)
  • BBB Complaints: 0 (No Complaints)
  • CitySearch: Not Rated (Details)
  • Google+: Not Rated (Profile)
  • RipOff Report: Not Listed
  • SiteJabber: Not Rated (Details)
  • Yellow Pages: Not Rated (Details)
  • Yelp: Not Listed
  • TrustLink Reviews: N/A
  • 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

As you’ll see, AmeriGold has a quite blank online credibility given their 16-year experience as a business, with just a good BBB profile to display.

On the flip side, the business is listed in CitySearch, Google+, and the Yellow Pages, and while on those sites they have not yet earned any positive ratings, they haven’t had any complaints either, earning them a position on the list of the top 70 gold IRA companies in 2020.

Educational resources

As already stated, the website provides prospective clients with more knowledge and tools about AmeriGold ‘s activities. The cycle of how the customer wants to do business with the organization is heavily emphasised.

There are many guides about how to buy various items for that reason. Information about how to start communication, company policies, and how to adjust its pricing is presented. You do know the type of goods involved, the minimum amounts, the price lock duration, payment options and delivery methods and costs.

Websites users may need to review the different charts for general news in the sector, and there is an alternative to get a newsletter delivered to you. Other educational resources on the site include the Faq, which addresses most of the issues that a client might have.

The organization always prides itself on providing trustworthy agents who can advise a client on the benefits of different choices. Then customers can choose an investment that best suits their interests and has high return potentials.

Product and services provided

AmeriGold is engaged in the purchase and sale of following products;

  • gold
  • silver
  • palladium
  • platinum
  • bullion
  • numismatic products
  • world coins

Most bullions you can purchase from the company are eligible to include in the IRA. Amerigold partners with the best IRA custodians to serve its clients. These custodians offer IRA rollover services including setting up, funding and managing self-directed IRAs. 

If you want to trade, you need to call the company. Because prices for the products are not published on the website. I mean you call the company and learn the price on the phone from a representative. 

What if there are a few items you want to compare their prices?

Should you take a pen and paper and note down the prices of all the items while a representative is dictating on the phone?

I mean come on guys, we live in the 21st century, and that is really weird. Also, non-transparent pricing policy should make potential customers think twice.

You get a price and if you like the price the sales representative locks in your transaction for you. Then you have to make the payment in a given period of time, else you may be supposed to cover some extra charges. 

The minimum investment amount is $5,000 which is kind of standard with most precious metal investment companies. All payments should be done via wire transfer or personal check only. 

Conclusion

AmeriGold seems to have all the major licenses and accreditation it needs and has been functioning for 20 years now, making it a legitimate company.

Its CEO is a public figure who has developed a reputation for precise market predictions. The company’s success is dependent on its credibility, mainly because it depends on word of mouth and returning customers.

All of these metrics reduce the company’s likelihood of getting involved in unfair and deceptive conduct. Yet you still have to do your own research.

🥇Recommended Investment Company in 2020: Regal Assets

Regal Assets stands out as the best precious metal and cryptocurrency investment company in 2020. The business is multiple times featured by Forbes, SmartMoney, and many other reputable publishers in the field. Either you want to buy gold with cash or rollover your IRA into a gold-backed IRA, Regal Assets is your one-stop-shop.

Here is why you should work with Regal Assets:

FREE first year, FREE set up, 7-day delivery, Flat rate annual fee, Brinks segregated storage, A+ BBB, #20 Inc. 500, 5-star Trustlink.

The company is offering a free Gold investment guide for a limited time, a free edition of Forbes magazine, and a free DVD revealing facts about the future of the dollar and US economy.