Amerigold is a bullion dealer based in Denver, Colorado. Founded in 1998 by Greg McCoach, it works with multiple IRA custodians to offer gold IRA services to customers. The company provides customers with gold, silver, platinum and palladium products. However, they haven’t received any reviews online and share no details about their products’ availability or pricing.
What is Amerigold?Amerigold Locations, Timings, Email, Phone, Services
Amerigold is a precious metals dealer based in Colorado with an additional location in Washington. They are headquartered at 6750 South Lima Street, Suite 130 Englewood, CO 80112.
Their contact number is 720-870-8021.
The company has been in the industry since 1998 and provides its customers with an impressive collection of gold, silver, platinum and palladium products.
They provide consumers with regular industry-relevant news through their News & Resources section. Furthermore, the company works with multiple custodians to allow consumers to open precious metals IRAs.
Amerigold claims to be a bullion dealer focused on serving its customers’ needs in a friendly manner through offering fair and honest pricing. Also, the company puts a lot of emphasis on client education.
People Behind Amerigold: CEO, Owner, Co-Founders & MoreWho owns Amerigold? What is the management team behind Colorado Gold?
The founder of Amerigold is Greg McCoach. He has nearly 40 years of experience in running successful businesses.
Greg founded this precious metals company after selling his first business in 1998. According to the website, he was impressed with the autobiography of J. Paul Getty.
The philosophy of buying when everyone wants to sell and selling when everyone wants to buy has a big influence on Greg’s writing and newsletters.
The website shares that Greg looked for investments that were out of favor with investors in 1998 and found precious metals to be the best fit. That year, he founded Amerigold.
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Can You Open a Precious Metals IRA with Amerigold?
Yes, it is possible to open a gold IRA with this bullion dealer. The company works with multiple custodians.
However, they don’t share any information about the custodians they work with.
This can be a red flag for many investors because your IRA charges would depend largely on the custodian you pick.
Knowing which custodians you might work with can help you estimate your charges beforehand.
Certainly, it can deter many investors from investing with Amerigold.
Many gold IRA companies maintain 100% transparency regarding which custodians they work with. A great example of this is Augusta Precious Metals which shares information about its storage providers as well as custodians.
The bullion dealer instructs clients to get in touch with their IRA specialists who will help them set up their new self-directed IRAs. Once that’s complete, you can rollover funds from your existing IRA into the new gold IRA and begin buying precious metals from Amerigold’s inventory.
Be cautious when purchasing metals here for your precious metals IRA because their inventory has many numismatic products.
According to the IRS rules, numismatics are ineligible for self-directed IRAs. Hence, adding them to your gold IRA portfolio can result in severe penalties. You should only add IRA eligible gold and other precious metals to your portfolio.
Amerigold Products: Bullion Coins, Bars, And Rare CoinsAll products offered by Amerigold
Amerigold provides customers with a decent collection of both IRA approved and non-IRA products. You will find a good variety of gold, silver, platinum and palladium products here.
However, the company doesn’t share any pricing details on its products. Similarly, there is no information available on the availability of these products. To learn about the prices and availability of any product, you would need to get in touch with the firm.
This can be an issue for many investors because comparing the prices becomes very difficult when there is such lack of transparency.
Their catalog mentions the following gold products:
American Gold Eagle
Canadian Gold Maple Leaf
American Gold Buffalo
Austrian Gold Philharmonic
PAMP Gold Bar
Johnson Matthey 1 kg Gold Bar
Royal Canadian Mint Bar 1 oz
Amerigold mentions the following silver IRA coins in its catalog:
American Silver Eagle
Canadian Silver Maple Leaf
Apart from these coins, you will also find many silver bars of 10 oz and 100 oz weights in their collection.
The platinum products you can find here include:
Canadian Platinum Maple Leaf
American Platinum Eagle
Platinum Bar 1 oz
Their palladium collection has the following to offer:
Amerigold Fees and Charges: Do they overcharge?What are their fees? Do they have hidden fees?
The company shares no information about its fee structure on its website. Furthermore, it doesn’t give any information on its custodian or storage partner.
Hence, there is no way to find out the fees and costs of Amerigold.
Certainly, this lack of transparency hurts the company.
There are plenty of gold IRA companies which share their fee structures openly to make it easy for investors to estimate their charges before contacting their staff.
For example, Regal Assets maintains full transparency regarding their fee structure.
Amerigold Reviews and Complaints: BBB, Trustpilot, SitejabberRead all the Amerigold reviews & complaints
Despite being in the industry for more than over 20 years, Amerigold doesn’t have a strong online presence. They haven’t many reviews online.
Amerigold has received a few complaints on (Google and Yelp)
Amerigold has received several unresolved complaints from customers. There are also several unresolved negative reviews on different platforms. Our #1 rated gold IRA company has ZERO unanswered complaints on BBB.
The company only has a Better Business Bureau profile. On BBB, they have a profile with an A+ rating but there aren’t any reviews.
Such a lack of reviews can be another huge red flag for many investors. Most of the reputed gold IRA companies in the industry have received hundreds of reviews online.
Having no reviews on third-party platforms can deter many investors.
Is Amerigold Legit? Should You Invest With Them?Is Amerigold scam or legit? Are they worth it?
Over 20 years of experience
Work with multiple IRA custodians
No pricing details on the website
Provide no product availability information
No reviews available online
Yes, Amerigold is a legitimate bullion dealer. They have been in the industry for more than 20 years.
However, when it comes to recommending them, I must say that I can’t recommend their services. They are certainly not the best precious metals dealer in the industry.
Amerigold works with multiple custodians to help them set up gold IRAs. But they don’t mention which custodians they work with.
Also, there is no information available on their website about their products’ pricing or availability.
Similarly, there are no reviews available on the company online.
Finding the right gold IRA provider is a hefty task. Their product selection, prices, fee structure and service, all play a huge role in your returns and experience.
That’s why I recommend checking out multiple bullion dealers.
You can check out our comprehensive list of the best gold IRA companies and see which companies stand out in the industry.
If you have any thoughts on Amerigold, be sure to leave them below!
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