USA Gold Review10 min read

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Suppose you are not impressed by the performance and volatility of the stock market and searching for a good way to invest your money to keep it secure against the volatility. In that case, investing in precious metals like silver and gold is the best solution.

USA Gold

USAGold has been offering bullion and coins since the year 1973. Is USAGold the right company for you to start investing in precious metals? This review will help you know more about gold buying and investment grade etc..

Short Overview of USA Gold

usa gold overview

USA Gold is a reliable and reputable company and has been in the world of investment for many years compared to other companies. It was established in the 1970s as a family-operated and owned business and stayed a family-operated company up to this point.

The company strives to offer superior and top-quality customer service to every client. USA Gold doesn’t believe in utilizing high pressure sales methods, unlike other precious metals companies you will find in the gold industry today. While the company has developed quite a little bit since its beginning almost fifty years ago, and stay small enough and has adequate staff to provide each client the personal attention they want and need.

Over the years, the company has developed connections and contacts in the industry. This connection enables them to provide competitive pricing on gold and silver as well as other precious metals. The Online Order Desk of the company provides live pricing as well as enables clients to place their own orders with ease at the time which are most convenient for them, 24 hours a day and 7 days a week. Also, you can call and talk to one of the reliable brokers if you want any help and support with putting or making your orders. The team behind this company is highly knowledgeable, and every broker has ten years of years in the industry of precious metals.

IMPORTANT:  view our recommended gold IRA investing companies if you are looking to use your retirement savings to invest in precious metals.  

Company Background

Company Background

USA Gold concentrated firstly on offering customers silver and gold investing options. To have a wide selection of IRA bars and coins, the company also provides collectible and historical options for investors. Also, the company has been in the industry of precious metal investment for almost five decades and is located in Denver, Colorado.

The assortment of inventory takes account of silver and gold bullion coins and bars, along with historic fractional gold coins as well as historical American coins. At present, there is no palladium or platinum product. Some of the renowned IRA eligible coins the company offers can be found on the official website.

What is more, the company is dedicated to educating and informing its customer regarding silver and gold investment. The official website comes with a “ Gold News” section committed to an everyday market report, current news relating to the centennial precious metals, and, what is more, a monthly newsletter that can be obtained for free.

USAGold Review: How to Get Started

USAGold

This company has worked to make the whole process of buying precious metal as easy as possible for their clients. If you have decided the amount of money you would invest in silver or gold and how big of a percentage investors would wish precious metals to hold in their portfolio, their next step is to know which bars or coins they would want to invest in.

The company provides both historical coins and gold bullion coins, and you might pick to invest in just one type of coin or buy some of each type. Once you have made these choices, you are able to contact or talk to a skilled representative at USA Gold. These representatives can provide you with a recommendation or advice regarding the current pricing, lock in the live price, and complete the order.

If you choose to place an order online, the company also provides this option via Online Order Desk, which is available 24 hours a day and 7 days a week. If you make an order either via phone or online order desk, you can pay using a personal check or wire transfer.

USA Gold Bureau built and maintains the Texas Bullion Depository for precious metal storage. This is state-run and highly secure. The Texas Bullion Depository is based in Leander, Texas. In considering the Texas Bullion Depository for precious metals storage, it is worth noting that they offer an insurance plan equal

Gold

If you want to include gold bars or gold coins in your portfolio, the company provides a wide variety of pieces for you to select from, which takes account of the following:

Coins

Austrian Philharmonic Gold Coins

Canadian Maple Leaf Gold Coins

American Eagle Gold Coins

American Buffalo Gold Coins

South African Krugerrand Gold Coins

Bars

1 troy oz Gold Bars

Kilo Gold Bars

10 troy oz Gold Bars

Silver

Clients are able to decide to put silver bars and coins into their investment accounts. When it comes to silver, the available choices take into account the following:

Coins

Canadian Gold Maple Leaf

American Gold Eagle and Silver Coins

USA Pre-1965 Silver Coin Bag Austrian Philharmonic Silver Coins

Bars

1000oz silver bars

Gold IRA Rollovers

Silver IRAs and Gold IRAs enable you to hold gold and silver in the retirement portfolio. By having physical metals in your portfolio, you can branch out your account and ensure you are ready for retirement.

If you have a 401 (k) or IRA at this point, you might be entitled to an IRA rollover. If you’re not certain whether your existing account is entitled or not, a team member of USA Gold will always be there to assist you.

The company works with trust agencies that can help transfer your money from the current account. You can work with the representative from the company to pick from the IRA-approved gold or silver you like to hold in your portfolio.

According to IRS laws, gold coins or gold bars should be at least 99.5 percent pure, and silver bars and silver coins should also be at least 99.9 percent pure. A lot of silver and gold pieces mentioned in this blog meet these criteria, and you can add them to your portfolio.

Gold Resources and News

It doesn’t matter if you are new to this kind of investment or in case you’ve been following the markets for a very long time; good news because the company has a Gold News section on the official website, which is useful and very informative. Gold News section takes account of resources like live prices, daily market reports, opinion blogs on investing as well as the monthly newsletter of the company.

Also, you can see the everyday live gold bar prices and silver prices and the graphs and charts that show the historical values for the two precious metals.

Is to Worthwhile to Work with USA Gold?

work with usa gold

Now that you are already aware of the services and products the company is offering to the people, so prior to making a choice about whether you would want to deal with this company, it’s a smart idea to pay attention to the reviews from other people who already worked or utilize this company.

On the other hand, after searching for USA Gold reviews on the major review sites such as BBB or Better Business Bureau, BCA or Business Consumer Alliance, yellow pages, TrustLink, and Trustpilot, we have discovered a high BBB rating.

The lack of USA Gold reviews leaves can affect the decision of the clients. What is more, you cannot get a good grasp of the customer service this company offers, the superiority of the services and products provided as well as the way the company business. Because there are a lot of other companies that provide precious metals investment services with many superb ratings, we feel like choosing these companies is a little bit risky.

Obviously, it is your choice on which service provider to work with. Below, we will share some hesitations about the company to assist you in making a sound and informed decision:

Better Business Bureau: A+ rating; BBB Accredited Business

Trustpilot: Not rated

Business Consumer Alliance: Not rated

TrustLink: Not rated

USAGold Website: https://www.usagold.com/

Is USA Gold Scam or Not?

Is USA Gold a scam or a legit company? It is safe to say that this company is real, trustworthy, and reliable and not a scam. This was established almost fifty years ago, and what is more, it doesn’t seem likely that a fraud company would be able to keep around for many years. The company appears to provide services and products marketed on its official website.

USA Gold is a reliable and legit company. But the question is, is USA Gold a perfect option if you like to invest in precious metals or make and set up a Gold or Silver IRA? As mentioned above, USA Gold reviews are extremely limited. And while restricted reviews do not always show poor business practices, also, they do not provide you confidence that a company offers superb service either. For many, it is too much of a risk to deal with a service provider with barely any reviews when there are many other highly reviewed and mentioned businesses out there.

Another possible flaw we find out in working with this company is that they aren’t an IRA custodian. While they provide IRA-eligible precious metals, you will need to deal with a separate IRA custodian company to make an IRA account and transfer the money from a current retirement plan. There are a lot of IRA custodian companies out there; all you need to do is choose the best one that suits your needs and requirements.

There are some precious metals companies available that are IRA custodians as well. Working with a firm that provides both services simply makes the process easier as well as leaves fewer unknowns. Also, it will be simpler to get a full image of the charges you will be charged by understanding precisely who you will be dealing with and working with.

If you look to further diversify the portfolio by investing in palladium or platinum, USA Gold might not be the best option for you. This is because they just provide silver bullion and gold bullion.

USAGOLD Review

What are the Best Features of USA Gold?

This company is armed with amazing features, which make it one of the best companies to work with when it comes to silver and gold investment.

The company has been in the field for almost five decades

The connection they have established with others in the business enables them to provide extremely competitive pricing

You can put orders via Online Order Desk 24 hours a day and 7 days a week

They provide a wide selection of gold and silver coin as well as bars

USAGold is able to work with everyone and a trusted company to overturn a current retirement account as well as mane a new Precious Metals IRA.

Pros and Cons

This review is not complete without knowing the pros and cons of this company:

Pros

They offer Online Order Desk, which enables the client to order 24 hours a day, seven days a week.

They have almost fifty years of experience.

They provide a wide choice of silver coins, gold coins as well as bars

Cons

Reviews online from previous clients are limited for the company

USAGold isn’t an IRA custodian company, so you will have to deal with another custodian company to make a Precious Metals IRA.

They do not provide the choice to invest in palladium or platinum.

To Sum Up

usagold coins

If you are ready to branch out your investment by investing in silver, gold, and other precious metals, it is vital to consider USA Gold. Founded by Michael J. Kosares, a gold expert, in 1973, you are certain that you’re working with a reliable and trusted company. The company is located at PO Box 460009, Denver, CO 80246-0009, and the customer service hotline number is always available to help you with all your issues and concerns. The company collaborated with the Delaware Depository for storage options, so you are assured that your investment is safe and sound.

About 

Edwin Cannon has spent his entire career in the financial industry and specializes in alternative investments and surviving marketing turbulence. He started My Retirement Paycheck to help educate consumers about retirement investment options that aren't typically introduced by advisors.