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Investing in precious metals offers benefits like tax advantages, inflation hedges, and wealth preservation, but there are also risks. Some people prefer to store their gold at home or in a bank; others invest through a gold IRA and store their precious metals in an approved depository.
No matter how you plan to invest in the precious metals markets, it's best to find a trusted retailer that offers excellent service and fair prices. Today, we are reviewing Goldcore, a company that offers tangible assets like coins and bars.
These precious metals can help diversify your investment portfolio, but it is important to investigate the company to learn what Goldcore offers. From reading customer reviews to researching the company's services, it takes time to discover what you need to know.
We have gone through hours of exhaustive research to bring you all the facts. We offer comparison information to help you determine how Goldcore stacks against its competition. Read until the end to discover our final verdict.
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 company we review, evaluating its reviews, reputation, product offerings, fees, and history while 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.
We reviewed GoldCore, a gold broker based in Ireland that has been in business since 2003. They specialize in selling and storing physical precious metals for investors.
Gold Core opened its doors in 2003 and is one of the leading precious metal brokers in the United Kingdom. The company is based in Dublin, Ireland, but offers services to over 130 countries.
Goldcore founded its company on honesty and transparency. Goldcore presents multiple services to help customers invest in precious metal bars and coins, like American Eagles.
Goldcore has a strong team backing its services with a high degree of wisdom. The following offers a breakdown of the current team:
Stephen Flood is the co-founder and current chairman of Goldcore. He was the CEO for 20 years but decided to step aside and perform his role as chairman in 2023.
David Russell is the current CEO of Goldcore and performs day-to-day management services for the company. David joined Goldcore in 2008.
Padhraig O’h-Iarnain serves as the head of treasury and trading. He has been with the business for over a decade and is an integral part of its operations.
Derek Ryan is the head of bullion sales and ensures that customers' buying process for gold or silver is as streamlined as possible. He joined the Goldcore team in 2019.
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Customer reviews offer detailed information about businesses and how they operate. First time buyers need to be especially diligent when researching companies.
When we first started investing in precious metals, it was more challenging to find information on a business. Today, the information is plentiful and can help investors find the right bullion dealer for their investment needs.
Because Goldcore operates within multiple countries, our first stop was the Better Business Bureau. We wanted to see if customers backed up Goldcore's claims of offering great service.
The company received BBB accreditation in 2021 and has an A+ rating. There are no customer reviews or complaints on the Better Business Bureau.
We discovered a business profile on Trustpilot, but there were only two customer reviews. The company has a great rating with 3.8 stars out of five.
The two customers who reviewed the company spoke highly of its services. They liked the well-packaged bullion bars they bought for physical delivery. One customer did talk of high premiums but gave Goldcore five stars and said they would do business again.
It is challenging to find many Goldcore review posts. The customer reviews we found were highly favorable and only had minor complaints.
From our vast research experience, companies with solid BBB ratings are typically reliable companies that provide great service.
Goldcore is a legit company that has been in operation for over 20 years. Goldcore became accredited by the Better Business Bureau in 2021 and maintains a high customer service satisfaction rating.
Investing in precious metals requires having access to select investment services. Goldcore offers a wide array of precious metals products, but there are also other options.
We break down the services offered below.
Goldcore shines as a precious metals broker. The Goldcore website is easy to navigate, allowing you to buy gold without the hassle of calling and talking to a specialist who will give you a pushy sales pitch.
There are four steps involved in buying gold from Goldcore:
The following are some of the most popular physical delivery options on Goldcore's website:
Goldcore keeps staples in stock, and new additions are often added. You can also purchase Monster boxes that contain up to 500 coins.
Goldcore offers major currencies from the top mints in the world, including Perth Mint. These coins come with Perth Mint certificates to verify their authenticity so you can purchase them with confidence.
Goldcore offers major currencies from the top mints in the world, including Perth mint. These coins come with Perth Mint certificates to verify their authenticity so you can purchase with confidence.
Goldcore offers precious metal IRA services but does not disclose its custodian partnerships. You will need to sign up with a custodian so Goldcore can help with funding your account and storing your precious metals.
Goldcore promises the following with its secure storage facilities:
Goldcore also offers a buyback program. You will need to call and talk to one of Goldcore's representatives if you are interested in selling your stored assets. The price they quote will depend on the market value.
The company guarantees it will buy back your precious metals, such as Maple Leafs, if you have them stored with Goldcore. If you have them stored outside of Goldcore, the company will need to test and authenticate your metals before paying you.
Opening a Goldcore account is simple, but you need to be aware of the types available so you can select the best one.
Personal Account: These types of accounts are ideal for individuals and allow you to buy and sell, while also keeping track of your investment goals.
Joint Account: You can open a joint account with anyone, including a significant other or family member. Simply choose a single or dual signature account to ensure everyone has proper access to decision-making.
Corporate or Trust Account: This account is best for companies, charities, or trusts. You will need to designate an individual to take control of the account, and you must provide the proper documentation to Goldcore.
Pension Account: Handle all your precious metal pension account investments in one place and keep track of your investments. Keep in mind that your precious metals cannot be delivered to your home while they are in a pension account.
Gold Saver Account: This account allows you to preset how much you want to invest in precious metals each month. Your GoldSaver account acts as a precious metals savings account, allowing you to invest in gold and silver in preset increments at a time.
Goldcore offers a few payment options for its customers when buying gold or silver products:
Note: You can only lock in a price if you pre-fund your account with the help of a Goldcore advisor.
Whether you open a Gold Saver account or want to pursue a gold IRA, there are fees involved. Like most precious metal companies, Goldcore charges a spread above the current market value of gold and silver bars. The percentages vary according to the product.
Goldcore is very transparent about its pricing. You can view the current prices and click on products to add them to your cart. If you leave items in your cart, the prices are subject to change at any time, so keep that in mind.
Goldcore offers gold IRA services but does not provide the custodianship. They work with the most trusted names in the industry to provide these services. The custodianship fees vary, and you pay them annually.
Goldcore's storage fees are charged as a percentage of your gold holdings. You can expect the following storage fee percentages, though these are subject to change.
As you can see the more gold and silver you store with Goldcore, the less you will pay in storage fees. You can talk to a representaitive about the gold you want to store and learn about the costs in advance. Goldcore promises no hidden fees or unepxected costs.
There are many alternatives to Goldcore. We have researched bullion companies for years and graded them on their customer service, prices, and trustworthiness.
We invite you to check out our vast catalog of gold retailer reviews. We give you all the facts and smallest of details to help you make an informed decision.
Although Goldcore facilitates buying gold for private storage or an IRA, you may find other options more advantageous to your investment strategy.
Goldcore offers multiple services, including retail, secure storage, gold IRA, and a buyback program. They also provide a savings plan that can help investors invest in bullion a bit at a time.
Goldcore seems to be a decent company but we cannot find a lot of customer reviews online. They have a solid rating with the BBB with an A+, but we would like to see more customer reviews before we offer our full recommendation.
For now, we recommend reading our large amount of company reviews. We are sure these reviews will help you choose the correct service for your investment needs. We hope these add value to your research as you pursue your investments and work to secure your financial future.
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, ensuring you receive accurate insights.
The information provided in this website is intended solely for educational purposes and general informational use. It is not intended as, nor should it be considered, financial or investment advice. Investing in gold or any other financial asset carries inherent risks, and decisions regarding investments should not be made solely based on the information presented here.
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