Golden Crest Metals stands out as an emerging player in the precious metals sector, differentiating itself through a distinct business model. Committed to reinvigorating the standards of integrity and trust, the company seeks to pave a new path forward amidst recent industry-wide controversies.
This in-depth Golden Crest Metals review for 2024 aims to equip you with all the necessary information about this precious metals and gold IRA company. Is it another gold scam or can you count them in? Let’s take a look!
Best For Integrity, Trust & Transparency Golden Crest Metals
4.3/5
- A- BBB rating
- Transparent and real-time pricing
- All annual fees covered for the first year
- Few, but excellent customer reviews
- Small margins give more money to investors
- Free safe for non-IRA metals
- Focuses on customer education
Let’s now examine Golden Crest Metals in more detail.
Company Background
Golden Crest Metals, under the visionary leadership of CEO Rich Jacoby since its inception at the beginning of 2024, is pioneering a revolution in the gold investment sector. Known for its commitment to integrity and trust — qualities often questioned in this field — the company distinguishes itself by its dedication to transparent pricing and a client-first sales approach. This innovative stance has quickly garnered a vast clientele in a fiercely competitive market.
Rich Jacoby articulates the core ethos of the company, stating,
“Our founding goal at Golden Crest Metals was to infuse the gold investment market with unparalleled levels of fairness, honesty, and accountability.”
Faced with challenges such as obscure pricing, deceptive marketing practices, and a glaring deficiency in investor education and protection, Golden Crest Metals has embarked on a mission to elevate the industry’s standard for integrity and trustworthiness.
The company’s Wealth Management Guide, provided free of charge, has been praised widely for offering profound insights and essential knowledge. It serves as a valuable resource for both individuals new to investing in precious metals and experienced investors alike. Through this guide, Golden Crest Metals underscores its dedication to empowering clients with information, further solidifying its role as a reliable advisor within the precious metals industry.
Current Promotions
- Golden Crest Metals covers the first year of fees for all customers
- Physical gold purchase of $10K gets a free safe for home storage
Golden Crest Metals
23901 Calabasas Rd #2002, Calabasas, CA 91302-3303 www.goldencrestmetals.com
Products Available:
- Bullion Bars
- Bullion Coins
- Self-Directed IRA
Products & Services
Golden Crest Metals offers various options to diversify your portfolio, including gold and silver IRA accounts, as well as regular purchases of gold and silver coins and bars.
Gold IRA
Specializing in gold investments for retirement savings, Golden Crest Metals expertly guides clients in creating robust retirement funds. These funds aim to safeguard investors from the unpredictable global financial markets by providing a selection of products that help diversify and stabilize their investment portfolios.
The appeal of a gold IRA lies in its capacity to include physical gold bullion and various other precious metals within a tax-advantaged retirement account. Golden Crest Metals, akin to other esteemed gold IRA firms, offers a collection of IRA-approved gold coins sourced from global mints, ensuring each product meets the 99.9% purity standard.
From Golden Crest Metals website: “Secure the purest gold with confidence. We source from reputable suppliers and verified refineries for guaranteed quality.”
Silver IRA
You also have the flexibility to include silver in the form of coins, bars, and ingots in your IRA. To qualify for IRA inclusion, it’s essential that these silver assets are of 99.99% purity. Likewise, gold investments, including coins and bars, can be acquired for your precious metals IRA or as part of your broader investment portfolio outside of an IRA.
Regular Purchases
If you’re not looking to set up a gold IRA, Golden Crest Metals offers you the versatility to purchase gold and silver in both coin and bar forms, guided by our knowledgeable precious metals experts. Furthermore, the company provides secure delivery options, allowing you to have your investments dispatched either directly to your chosen depository or right to your home, ensuring safety and peace of mind. Plus, if you buy precious metals for $10,000 or more, you’ll get a free safe for home storage.
Additionally, for lower cash purchases, we recommend either Goldco, Birch Gold Group, American Hartford Gold, Gold Alliance, or Noble Gold. As well as BullionVault for gold and silver trading. For investments in cryptocurrencies or digital assets like Bitcoin and Ethereum, we currently recommend BitIRA or My Digital Money.
Popular Gold & Silver Coins
A sample of the most popular gold and silver coins for IRA and non-IRA purchases are the following:
Canada Gold Maple Leaf
American Eagle Gold Coins
Gold American Eagle Proofs Coins
Gold Australian Striped Marlin Coins
Gold Australian Sea Turtle Coins
Gold Maple Leaf Coins
American Gold Buffalo Coins
Silver American Eagle Coins
Silver American Eagle Proof Coins
Silver American Bald Eagle Coins
Silver Australian Striped Marlin Coins
These are just a sample of some popular gold and silver coins. Overall, Golden Crest seems to have the same product offerings as other top-rated gold IRA companies.
Golden Crest Metals Reviews
Extremely easy company to work with
“GoldenCrest Metals made investing $40,000 in precious metals for my IRA simple and stress-free. Their representative, Charles, was attentive and provided top-notch service. Charles took the time to explain the investment process and helped me select the right metals for my portfolio. He was patient with my questions and ensured I felt confident in my investment decisions. Thanks to Charles and GoldenCrest Metals, I now have a portfolio that includes precious metals. I highly recommend GoldenCrest Metals for their exceptional service and expertise in precious metal investments.”
Lauren Billings
- Verified Customer
Reviewed on: February 18, 2024
As simple as it can be
“My parents were looking to move some money out of their old IRAs but navigating the Precious Metals IRA companies was very daunting for them. We did some research and had several conversations with Tom at GoldenCrest. Tom was very patient with both of my parents and was willing to go over things multiple times to make them feel comfortable. I know we made the right choice based on Tom’s attitude and knowledge. I am now in the process of rolling over a 401k from my old job into a precious metals IRA. Thank you Tom and GoldenCrest metals for the excellent service you have provided for my family.”
Larry Sanders
- Verified Customer
Reviewed on: January 29, 2024
Switching gears to an essential aspect, how is the market responding to this emerging player in the gold IRA sector? Golden Crest Metals has quickly garnered positive customer feedback on renowned review platforms such as the Better Business Bureau, Trustpilot, and Yelp.
- – Despite limited time in business, Golden Crest Metals holds an A- rating and a 5/5-star rating based on 3 customer reviews on the Better Business Bureau
- – They have received a 4.0 star rating on Trustpilot based on 3 customer reviews
- – Lastly, the company also holds a 5-star rating on Yelp based on 1 customer review
Golden Crest Metals Complaints
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Fees & Investment Minimums
There’s minimal information about the gold IRA fees on the company’s website. What we know to be common in the precious metals IRA industry is a set-up fee of about $50 to $80. Then, IRA account holders also have to pay an annual maintenance fee of around $100. What we do know is that Golden Crest Metals is covering all annual fees for the first year (all customers qualify).
Depending on the type of storage you choose, you’ll pay $100 for non-segregated storage and $150 for segregated storage. Additionally, the investment minimum for gold IRAs and regular purchases is $10,000.
What About Storage?
For individuals looking into storage options, Golden Crest Metals offers the convenience of home storage for non-IRA metals. Specifically, customers making a purchase of gold valued at $10,000 or more qualify for a complimentary safe, provided by Golden Crest Metals for secure home storage.
When it comes to IRA metals, regulatory stipulations necessitate the use of an IRA-sanctioned depository. To this end, Golden Crest Metals collaborates with the Delaware Depository, a facility renowned for its state-of-the-art security features including Class 3 vaults.
This depository ensures the safety of your investments, boasting comprehensive insurance coverage by Lloyd’s of London and employing advanced electronic security measures. Furthermore, Golden Crest Metals utilizes Entrust as its trusted custodian, ensuring a professional and secure management of your assets.
Request a FREE Wealth Management Guide
Golden Crest Focuses On Customer Education
Understanding the critical role of knowledgeable choices, Golden Crest Metals emphasized the value of educating and empowering its investors. The company enables customers to confidently make informed investment decisions by offering extensive resources and impartial information.
Except for precious metals specialists ready to answer all your questions, the company also offers a Wealth Management Guide, resources page, and FAQ section to enhance investors’ knowledge.
This Is Why You Should Invest In Precious Metals
- Diversify your investment portfolio with a tangible asset
- Hedge against inflation, the debasing of the dollar, and the Digital Dollar
- Create a legacy for future generations
- Having financial security regardless of global economic conditions
Diversification – The current question facing many investors is whether they can afford to overlook the importance of diversification in today’s volatile market. It’s widely recognized that traditional investments in stocks and bonds, particularly those tied to the dollar, are susceptible to devaluation during inflationary periods, potentially leading to significant financial losses.
Hedge – Adding to these concerns is the introduction of the Digital Dollar (the CBDC) by FedNow, which some critics argue could dramatically diminish American financial autonomy. They contend that this system would allow for unprecedented governmental oversight of individual spending and savings, including the potential to directly manipulate personal funds.
In this context, precious metals like gold and silver emerge as a compelling alternative. Unlike conventional paper or digital currencies, these tangible assets have historically provided a stable and consistent store of value. This makes them an effective hedge against inflation, potential economic downturns, and the uncertainties surrounding the Digital Dollar, ensuring the preservation of purchasing power over time.
Echoing this sentiment, Thomas Kaplan, an American billionaire businessman, notably stated, “If the world does well, gold will be fine. If the world doesn’t do well, gold will also do fine…but a lot of other things could collapse.”
This perspective highlights the dual advantage of precious metals; they offer financial security regardless of global economic conditions, unlike many other investment options that may falter in trying times.
Liquidity & Legacy – Furthermore, precious metals are prized for their liquidity. They can be readily converted into cash with minimal loss in value, providing investors with both stability and flexibility. Choosing to invest in these assets can not only safeguard one’s wealth but also contribute to a lasting legacy for future generations. The timeless allure of precious metals stems from their intrinsic value, which endures despite economic fluctuations and challenges, underscoring their appeal as a prudent investment choice for those looking to protect and preserve their financial well-being.
How To Start A Gold IRA With Golden Crest
If you are interested in adding physical gold and silver to a retirement account, starting a gold IRA with Golden Crest Metals is easy. Start by filling out this online application and read their FREE Gold Investing Guide, and a precious metals specialist will contact you within 15 minutes. They will then explain the gold IRA setup process and answer any questions you may have.
A big plus is that they will hold your hand throughout the whole gold IRA setup process so that you never feel left out or kept in the dark. Best of all, you’ll get lifetime support for your IRA account.
Build an Inflation Hedge With Gold IRAs
Conclusion: Is Golden Crest Metals Another Scam Or A Legit Company?
Despite being a newer player in the gold IRA market, Golden Crest Metals emerges as a formidable competitor for established precious metals firms. Their commitment to transparency, honesty, and building trust distinguishes them in a sector frequently scrutinized for its integrity.
Additionally, their accreditation by the BBB and accumulation of 5-star ratings on reputable review platforms underscore their capability to satisfy and delight customers.
An aspect we find commendable about Golden Crest Metals is their strategy of operating with lower margins, thereby maximizing the value their investors receive from their investments. This criterion is pivotal in our comprehensive reviews, as we continuously seek to determine the tangible benefits a company offers to its clients. For Golden Crest Metals, the answer is a resounding affirmative.
For investors and individuals planning for retirement, exploring what this emerging gold dealer has to offer for their precious metals portfolio is advisable.
>>>If you’re ready to take action, request their FREE Wealth Management Guide!
Golden Crest Metals Review FAQ
Is Golden Crest Metals a legit gold IRA company?
Yes, Golden Crest Metals is accredited by the BBB and has its headquarters in Calabasas, CA. They have already collected 5-star reviews on verified review sites such as the BBB, Trustpilot, and Yelp.
Does Golden Crest Metals offer gold IRAs?
Yes! Investing for retirement is the company’s main focus.
Does Golden Crest Metals sell gold and silver outside of an IRA?
Yes! They even offer a free safe for home storage for physical gold purchases of $10K or more.
What is a gold IRA?
A gold IRA, or Individual Retirement Account designed to hold physical precious metals such as gold and silver, offers a distinctive approach to retirement savings. Like its traditional counterpart, contributions to a gold IRA are made with pre-tax dollars, allowing the growth of these investments to be tax-deferred.
The primary distinction between a gold IRA and a Traditional IRA is the nature of its investments. While Traditional IRAs invest in paper assets like stocks, bonds, exchange-traded funds (ETFs), and mutual funds, a gold IRA focuses on tangible assets, specifically gold, silver, and other precious metals, providing a unique option for diversifying one’s retirement portfolio.
Can I take physical possession of the gold in my IRA?
As the proud owner of your IRA, you can rest easy knowing that your precious metals are safely and securely stored in a top-of-the-line depository. And when you reach the age of 59 ½ and become eligible for distributions, you’ll have the exciting option to withdraw your funds in either cash or physical metals.
For more information about the rules and regulations, visit Can I Take Physical Possession Of Gold In My IRA?
What is the difference between a 401(k) and an IRA?
A self-directed IRA and a 401(k) vary primarily in that an IRA is typically opened by you as opposed to being provided by an employer.
Are there any penalties for moving my IRA or 401(k)?
Conducting a gold IRA rollover can be a completely tax-free and penalty-free process, provided it adheres to IRS guidelines. There are no associated fees or penalties as long as the funds are deposited into another IRA account within a 60-day time frame. This ensures that withdrawals made from an IRA for this purpose won’t incur taxes or penalties.
What physical precious metals can I include in my gold IRA?
Investing in a gold IRA offers the opportunity to diversify your portfolio through the inclusion of precious metals such as gold, silver, platinum, and palladium, provided they meet the purity levels mandated by the IRS.
Additionally, select firms are also granted exclusive privileges to incorporate cryptocurrency assets into IRAs. When considering the inclusion of digital currencies in your IRA, BitIRA and My Digital Money come highly recommended for their expertise in this innovative investment avenue.
When can I access my IRA gold?
With a traditional gold IRA, you can start making withdrawals at age 59½ without penalties. You can either take distributions as cash or get your gold delivered to your home. Be sure to understand the withdrawal process before setting up your gold IRA.
Are there any tax benefits to a gold IRA?
Yes, the same tax benefits that apply to traditional IRAs also apply to gold IRAs, such as tax-deferred growth and potential tax-free withdrawals in retirement. For more information, you can request this >>> Wealth Management Guide, which will explain this secret IRS loophole.
Where does Golden Crest Metals store the gold in my IRA?
Golden Crest Metals has a partnership with the Delaware Depository. This facility has Class 3 vaults and is insured by Lloyd’s of London underwriters, providing electronic security. Non-IRA metals can be stored at home in a safe or a bank deposit box.
Golden Crest Metals Alternatives
If you want to do a little more research before deciding on a provider for your gold IRA, we have analyzed and ranked the best gold IRA companies of 2024.
