Disclaimer: The owners of this website may be paid to recommend Goldco or other companies. The content of this website, including any positive reviews of Goldco & other reviews, may not be neutral or independent. We may receive a commission from the companies we recommend. The content of this site is informational in nature and should not be relied upon without consulting an investment professional.

 

AmeriGold Review: Pros, Cons, Fees, Ratings and More

The world is full of uncertainties. Preserving your wealth may not help you avoid problems, but it can make them easier to handle, especially after retirement.

Plenty of money in retirement means finally enjoying your golden years without much stress. You can travel, care for your family, and save some wealth for future generations. How prepared are you for retirement?

A recent study published by the AARP states over half of Americans have no retirement savings. Many say they have no retirement plans and fear being unable to work as they age.

Investing in precious metals is one way to preserve your wealth for the future. A precious metals IRA can give you valuable tax advantages that make saving for retirement easier.

AmeriGold is one of the companies that can help investors buy physical gold and other precious metals. The company has been around for many years and offers various services.

What sets AmeriGold apart? Do they keep their promises? Do they have a good reputation in the precious metals industry?

In this AmeriGold review, we are here to provide you with facts. We will tell you all there is to know so you can make the best decisions when investing in precious metals. Read until the end of our comprehensive review to determine if we recommend them.

At The Gold Information Network, we understand the importance of your financial choices and the trust you place in our insights. We conduct in-depth research on each firm we review, evaluating its reviews, reputation, product offerings, fees, and history while also meticulously comparing it with similar market products.

In a financial landscape where banks appear geared towards serving the wealthy, we hold reservations about these institutions, the monetary system, and politicians. We passionately advocate empowering individuals like you with greater control over their finances. We firmly believe that you should have the authority to shape your financial future independently, reducing your dependence on institutions and politicians.

The Gold Information Networks' Quick Summary & Opinion

We recently had the opportunity to review Amerigold, a gold IRA company based in Los Angeles, California.
 
  • In our opinion, Amerigold is a reputable precious metals IRA company with an A+ rating from the Better Business Bureau. They have been in business since 2012.
  • We found that Amerigold offers a streamlined process for setting up a gold IRA account. Their knowledgeable representatives walk customers through the paperwork and help with the rollover or transfer process.
  • Amerigold provides a good selection of IRA-approved gold, silver, platinum and palladium products for customers to choose from. However, we would like to see more options available.
  • In our view, their fees are reasonable and transparent, with a flat annual fee of $180 for storage and insurance. We did not find any hidden fees.
  • We were impressed by Amerigold's focus on education. They provide helpful guides and resources on their website to inform customers about precious metals investing.
  • While Amerigold is a solid choice, we feel that there are other gold IRA companies that offer lower fees and a wider selection of products. Customers should compare options.
  • Overall, we believe Amerigold is a trustworthy company that provides good service for setting up a gold IRA, but they may not be the absolute best choice for everyone. We recommend comparing with other leading providers.
 

What Is AmeriGold?

AmeriGold is a precious metals company headquartered in Denver, Colorado. The company opened in 1998 and sells a variety of coins, bullion, bars, and numismatic items.

AmeriGold promises no high-pressure sales tactics, competitive prices, and excellent customer service. Does the retailer deliver on these promises?

Owners & Management

Greg McCoach is the founder and CEO of AmeriGold. He is an entrepreneur who has started and managed several businesses over the last 40 years, but his passion is helping people invest in precious metals.

For over two decades, Greg has led the company working to ensure its customers have the precious metal products they need, whether investing in private storage or gold IRAs. He continues to monitor the current markets and government spending and still believes precious metals are one of the best investment options.

AmeriGold Reviews

Customer reviews are critical when assessing the services of companies like AmeriGold. We research top consumer rating sites like the Better Business Bureau, Consumer Business Alliance, and Trustpilot. Based on our first-hand research experience over the years, the BBB should always be your first stop.

AmeriGold has an A+ rating on the BBB and no customer reviews. The company received BBB accreditation in 1999. There are also no complaints.

We could not find AmeriGold profile pages on Consumer Business Alliance or Trustpilot. AmeriGold has 2.3 stars out of five on Google. One reviewer stated the company was not a good employer.

AmeriGold has been around for over twenty years, but there are very few customer reviews, which we find odd. We will continue our search and reach out to current and former customers for their takes on the company. We will update this AmeriGold review if we find further information.

Pros & Cons

Pros

Cons

What Precious Metals Does AmeriGold Offer?

AmeriGold offers a range of precious metals from the world's top mints. Many of these tangible assets are gold IRA-approved. You can send an overnight payment and have the following shipped to your door:

Gold

  • American Eagles
  • Canadian Maple Leafs
  • American Buffalos
  • Austrian Philharmonics
  • Accredited bars
  • Australian nuggets

Silver

  • American Eagles
  • Canadian Maple Leafs
  • Austrian Philharmonics
  • Accredited bars

Other Precious Metals

  • Platinum American Eagles
  • Platinum Canadian Maple Leafs
  • Platinum Australian Koalas
  • Platinum accredited bars
  • Palladium accredited bars

Does AmeriGold Provide Precious Metals IRA Services?

AmeriGold provides precious metals IRA services to its customers by partnering with the top custodian companies in the world. You can talk with an IRA specialist to help you decide which trusted custodians best suit your needs.

The following are the steps you will need to take to get started investing in a gold IRA:

The first step is to contact an AmeriGold IRA specialist. They will help you choose a custodian and will send you the paperwork to complete. Your custodian will contact your current IRA holder and transfer funds to your new gold IRA.

The entire process usually takes about two weeks. Once the account is opened and funded, you will receive information about your new account number.

Once your account is open and funded, you must talk to an IRA expert again. They will help you decide on the IRA-approved precious metals products and have them shipped to your chosen depository.

Shipping Policy

  • They ship via USPS (standard mail), UPS, and FedEx.
  • The company uses discreet packaging for all shipments.
  • All orders ship with full insurance.
  • You will receive a purchase order number to keep track of your shipment.
  • They do not disclose the shipping cost.

Pricing & Fee Structures

AmeriGold does not list prices on its website, so you cannot make any purchases without speaking to a company representative. Many investors do not want to call to find out what a coin costs, which is a drawback for some.

When you purchase precious metals, AmeriGold will quote you an all-inclusive price. They promise to account for every dollar charged and do not include any hidden fees.

How to Get Started Buying Precious Metals From AmeriGold

To buy precious metals from the company, you must open an account. New customers must also call and talk to a representative about their interest to be quoted an all-inclusive price.

You must pay for your order via bank wire/wire transfer or credit card. The company accepts all major credit cards, but it does not accept cash.

After placing your order, you will receive an email with your trade number. It is important to keep this number handy to track your precious metals.

Most orders ship within two to three business days. They are sent via USPS, FedEx, or UPS, depending on the order size. Depending on the value and third-party shipping provider, your order may require a signature.

How to Get Started Selling Precious Metals to AmeriGold

AmeriGold will buy precious metals from its customers, but they do not handle small buybacks. The minimum is $5,000, so keep this in mind if you want to sell your precious metals.

You must complete the following steps to sell your precious metals:

  1. Contact the company and tell them what you are interested in selling.
  2. Get a buyback price quote.
  3. Wait to receive your purchase order number.
  4. Send your precious metals to the provided address, secure the packaging, and purchase insurance from an insurance company to cover losses or damage.
  5. Wait for them to inspect your precious metals. After approval, they will release payment to you within 24 hours.

How Does AmeriGold Compare to Its Competition?

AmeriGold seems like a decent company and a fully authorized dealer. The company is also a member of the Industry Council, but we would love to see more information on its products and services.

They offer this information by phone, but many people do not want to have to call for information. Most would prefer to look at the selection and pricing before calling.

AmeriGold lacks the inventory and transparency of other precious metal retailers like American Hartford Gold and Goldco. Many different companies in the industry may be able to offer better services for new and seasoned investors alike.

Should You Invest in Precious Metals?

You have learned about AmeriGold and know other retailers can help you open a gold IRA. Now, you must understand why you should consider investing in precious metals.

  1. Inflation Hedge: Historically, precious metals have retained their value when the market flounders. When fiat currencies drop in value, gold usually increases.
  2. Safe Haven: Gold is a safe haven investment. Safe haven investments increase in value during periods of economic insecurity because people flock to them due to their distrust of the government.
  3. Portfolio Diversification: Diversifying your investment portfolio helps to reduce its volatility and your risks over time. Gold can help you meet your investment goals for the future.
  4. Liquidity: Precious metals are highly liquid. You can buy or sell quickly from almost any country. Choose the best precious metals bar fabricators to ensure the highest quality and eventual demand.
  5. Global Demand: There is a consistent international demand for gold and other precious metals. Gold is used in many industries, including jewelry, electronics, and medical devices.
  6. Tax Advantages: Investing in gold as part of a gold IRA gives you tax advantages. Depending on the IRA type, you can contribute or distribute tax-free.

Ways to Invest in Precious Metals

You have many options for investing in precious metals. Learning to invest in multiple ways will offer greater security and less volatility with your precious metals investments.

  1. Physical Gold: Precious metals can be bought in coins, bars, and ingots. Investing in physical precious metals helps protect your hard-earned savings.
  2. Gold IRA: Investing in a gold IRA allows you to take advantage of tax savings while you save for the future.
  3. Mining Stocks: Consider purchasing stocks in gold mining companies. Be careful to choose the company wisely to avoid losing your investment.
  4. Mutual Funds: Mutual funds bring a group of investors together to invest in mining companies without so much risk to each investor.
  5. Gold ETF: Gold exchange-traded funds are investment funds traded on the Stock Exchange. ETFs follow the price of gold without investors having to buy or store tangible assets.


As you can see, there are many ways to invest in precious metals, but one of the safest and most secure is a gold IRA. Finding a gold company that can guide you in your investments and ensure you remain IRS-compliant is essential.

FAQ

AmeriGold is required by law to report some gold purchases to the IRS. The Patriot Act requires all precious metal retailers to report purchases over $10,000.

AmeriGold is ideal for beginners but provides gold IRA services for seasoned investors. An AmeriGold representative will walk you through the entire investment process and help you with your investment direction form to get started with an IRA.

AmeriGold offers depository services through third-party providers. Once you select a custodian, you can then decide on a depository. Many investors prefer selecting a depository as close to home as possible.

AmeriGold promises it does not charge hidden fees. Your price quote is all-inclusive, including shipping and insurance.

Our Final Thoughts: Do We Recommend AmeriGold?

AmeriGold has been around for over twenty years and has a solid rating with the Better Business Bureau. The company's website lists some IRA-approved coins, but the selection is minimal, and there is no option to purchase online.

The company offers gold IRA services but does not disclose its partnered custodians or depositories. AmeriGold also does not disclose price or fee information, even though it promises transparency.

Finding customer reviews for AmeriGold is challenging. They do not have a social media profile or reviews on the BBB. We could only find three customer reviews on Google, one from a supposed former employee.

We have nothing bad to say about AmeriGold, but the lack of customer reviews and information on services and pricing prevents us from recommending them. We advise reading our extensive reviews and using our comparison charts to make your own conclusions about Amerigold and its competitors.

We recognize the significance of your financial decisions and the trust you place in us. We've done extensive research, examining reviews, reputation, products, fees, and history to ensure you receive accurate insights.

Amidst a financial landscape where banks often favor the wealthy, we believe it's time you take control.

Claim your FREE gold kit today and take the first step toward securing your financial independence!