Colorado Gold Reviews – Worth Your Money? (Updated 2023)

Colorado Gold
Colorado Gold
Colorado Gold is a bullion dealer based in Montrose, Colorado. The company has been in the industry since 1977 and offers gold, silver, platinum and palladium products. Their product selection has both IRA-eligible and non-IRA products. However, they haven’t received any reviews online and the company’s catalog is mostly out of stock.
Fees & Charges
Honesty & Transparency
Customer Service
Product Selection
Over 40 years of experience
Offer platinum and palladium
Most of the products are “Out of Stock”
Limited selection
No reviews available online
Expert Score

What is Colorado Gold?

Colorado Gold is a precious metals dealer based in Monstrose, Colorado. Founded in 1977, the company offers various kinds of gold, silver and platinum products to consumers. These include many IRA approved precious metals. 

They are a family-run enterprise. Also, they enjoy an A+ rating on BBB and the founder Don, writes a column on the website every week. 

Colorado Gold

They have partnered with 3 IRA custodians at the time including STRATA Trust and New Direction IRA. 

Their product selection includes both IRA approved and non-IRA collectible precious metals. 

Also, Colorado Gold offers consumers a buyback program but what’s interesting is that you can sell products you purchased from companies too. 

People Behind Colorado Gold:

Don Stott founded Colorado Gold in 1977. He has been a thought leader of the precious metals industry for over 40 years and retired in February 2015. 

Since then, his two daughters (Morgen and Melissa) and son (David) have been running the bullion dealing firm. 

It is surely a family-owned and operated business. Both Don and David write columns on the website where they talk about the latest events related to precious metals investing. 

Can You Start a Precious Metals IRA with Colorado Gold?

Yes, it is possible for consumers to start a precious metals IRA with Colorado Gold. The company has worked with multiple IRA custodians and at the time of writing this review, they work with the following: 

  • STRATA Trust Company
  • Entrust Group
  • New Direction IRA

First, you would need to choose your preferred custodian who will walk you through the setup process. Once the setup is complete, you would need to add funds to your precious metals IRA. 

You can do so by either rolling over funds from an existing IRA or adding them directly. 

After funding your precious metals IRA, you can begin purchasing IRA-eligible metals from Colorado Gold. 

However, be extremely cautious when purchasing IRA approved metals here because their collection has many non-IRA products. Adding a non-IRA product to your gold IRA can result in severe penalties. 

Colorado Gold Products:

Colorado Gold has an impressive collection of precious metals. They offer gold, silver, platinum and palladium bullion to customers. However, it’s worth noting that most of your catalog was marked “Out of Stock” at the time of writing this review. 

The company offers both IRA eligible and non-IRA products to consumers. Be vigilant when purchasing precious metals for your IRA here:

Gold Products:

Some of the notable gold bullion you can find on their website include: 

  • American Gold Eagle
  • Canadian Gold Maple Leaf
  • South African Gold Krugerrand
  • Austrian Gold Philharmonic
gold philharmonic coin
Colorado Gold
Colorado Gold

And several more. 

Along with these coins, you can also find Gold Francs, Backdated Maple Leaf coins and gold bars of various sizes. 

Silver Products:

Their catalog contains many popular silver products but sadly, a lot of them were marked “Out of Stock” when writing this review. Some of their silver products are:

  • Silver Krugerrand
  • Australian Silver Kangaroo
  • Canadian Silver Maple Leaf
  • Silver Britannia
  • Somalia Silver Elephant
  • 90% Silver Junk
Colorado Gold silver
Colorado Gold silver

And plenty of others. 

Also, you can find many silver bars in their collection of 1 oz, 5 oz, 100 oz and 1 kg. 

Platinum Products:

Their platinum selection was completely out of stock at the time of writing this Colorado Gold review. The products they mentioned in their catalog were:

  • Platinum Lion of England
  • Canadian Platinum Maple Leaf
  • Austrian Platinum Philharmonic
  • American Platinum Eagle
Colorado Gold
Colorado Gold

Palladium Products:

Their product selection shows only 1 oz Palladium bars in their catalog but that too, was out of stock at the time of writing the review. 

Colorado Gold

Although their catalog seems promising, a lot of the products were marked “Out of Stock” which makes it difficult to call the selection an impressive one. 

Colorado Gold Fees and Cost:

Colorado Gold charges variable fees so your charges would be highly dependent on your investment size and your preferred custodian. 

For clients who want a precious metals IRA, their fees would depend on the custodian they choose. 

The bullion dealer only shares information on its buyback program. If you sell products to the company that you didn’t buy from them, you would need to pay 1% fees to them.

They buy A-marked bullion from customers and charge 1% fees for orders below $50,000. On the other hand, they charge 0.75% fee for orders above $50,000 and 0.5% for orders above $100,000. 

To buy any precious metals here, you would need to enter into a legal agreement and pay the company within 7 days.

Additional Highlights of Colorado Gold

Apart from their 40+ years of industry experience, here are some things which make Colorado Gold a unique bullion dealer:

Multiple Custodians:

One of the main highlights of this bullion dealer is their number of custodial partners. The company clearly mentions on its website that it doesn’t have any preferred custodians. So, the choice depends entirely on the customer. 

Currently, they have partnered with three custodians: 

  • STRATA Trust Company
  • Entrust Group
  • New Direction IRA

All of them are highly reputed in the industry. 

Weekly Columns and Free Resources:

Colorado Gold’s founder, Don writes a weekly column on the website of the bullion dealer. This column covers many topics, from precious metals to the US economy. 

Colorado Gold blog

What makes this column stand out is Don’s unique writing style. The column is quite captivating and can prove to be a good resource for many readers. 

Colorado Gold charts

Apart from the weekly column, you also have free charts available on the website of Colorado Gold. 

Colorado Gold Reviews and Complaints:

Even though the company has been in business for over 40 years, it hasn’t received many reivews online. 

On BBB, Colorado Gold has an A+ rating but no customer reviews. However, it’s worth noting that the company doesn’t have any complaints on the popular consumer platform either. 

Colorado Gold bbb

On Trustpilot, the company has received a single 5-star review. Because of the lack of reviews and several other reasons, Trustpilot has given the company an overall rating of 3.7 out of 5-stars. 

Colorado Gold reviews

Such a severe lack of reviews can be a red flag for many investors. 

Is Colorado Gold Legit? 


  • Over 40 years of experience
  • Offer platinum and palladium


  • Most of the products are “Out of Stock”
  • Limited selection
  • No reviews available online

Yes, Colorado Gold is a legitimate bullion dealer. They have been in business for over 44 years and have a large selection of gold, silver, platinum and palladium products for consumers. 

Their owner writes a weekly column for the site’s visitors. Moreover, they partner with multiple custodians to allow consumers to invest in precious metal IRAs. 

However, the company’s selection is mostly “Out of Stock” and they haven’t received any reviews online (except one). 

So, although they are a decent bullion dealer, they are certainly not the best. 

Finding the right bullion dealer is crucial when you’re looking to invest in a precious metals IRA. 

That’s because the dealer’s product selection would ensure you are able to craft the perfect portfolio for your personal and financial requirements. 

This is why I recommend checking out multiple bullion dealers before choosing one. It would help you get an idea of what you can expect from the industry. 

You can learn about the best gold IRA companies here. 

Have you dealt with Colorado Gold? Share your experience below!