What is Gold Safe Exchange?Gold Safe Exchange Locations, Timings, Email, Phone, Services
Gold Safe Exchange is a precious metals wholesaler based in Pasadena, California. They offer a wide variety of gold, silver, platinum, and palladium bullion products, as well as custom minting services. Gold Safe Exchange is known for its competitive pricing and its commitment to customer service. They also offer a variety of other services, such as storage, refining, and IRA custodianship.
Find the Best Rated Gold IRA Company of Your State
Gold Safe Exchange prides itself on its customer service. They offer a dedicated account representative for each customer, and they are always available to answer questions and provide assistance. They also offer a satisfaction guarantee, so you can be sure that you are getting the best possible value for your money.
If you are looking for a reliable and affordable source of precious metals, Gold Safe Exchange is a great option. They offer a wide variety of products and services, and their customer service is second to none
Address: 225 S Lake Ave STE 300, Pasadena, CA, United States
Phone: (800) 341-6727
Monday-Friday: 8:00 A.M-5:00 P.M
Saturday and Sunday: Closed
Beware of Gold IRA scams. Recently several scams have been charged by the authorities. Companies such as Regal Assets, Safeguard Metals and Red Rock Secured defrauded hundereds of retirees like you and me. I strongly suggest you learn how to identify gold IRA scams. You can request a free guide using the button below:
People Behind Gold Safe Exchange: CEO, Owner, Co-Founders & MoreWho owns Gold Safe Exchange? What is the management team behind Gold Safe Exchange?
One prominent drawback associated with Gold Safe Exchange is its lack of transparency concerning crucial personnel details, including information about its founder, owner, and other members of the management team. This conspicuous absence of key leadership information stands as a significant concern for potential clients and stakeholders seeking a clear understanding of the company’s background and leadership structure.
Transparency in the leadership team is often considered a cornerstone of trust in business interactions. Not having access to information about the individuals behind the company raises questions about the company’s accountability and intentions. The absence of these key details can create an air of uncertainty for those considering engaging with Gold Safe Exchange for their precious metals transactions.
Transparency is Important
All gold IRA companies are NOT the same. We’ve done the hardwork for you and found the most transparent gold IRA company with the highest rating by customers.
Gold Safe Exchange Products: Bullion Coins, Bars, And Rare CoinsAll products offered by Gold Safe Exchange
For those considering the establishment and operation of a gold IRA, the concept of gold bullion holds significant relevance. Within Gold Safe Exchange’s offerings, a standout choice is the 2022 American Eagle Gold Coin Set, a creation of the West Point Mint. This set encompasses four coins, each boasting a purity level of 0.9167 and thereby qualifying for inclusion in a gold IRA. The coins are not only enclosed in protective cases but are also nestled within a compact display case. It’s important to note that a slight silver content accompanies each coin.
Clients are afforded the opportunity to diversify their accounts by selecting from a range of alternative gold coins, some of which include:
U.S. Buffalo Gold Bullion Coins
American Eagle Gold Bullion Coins
Australian Lunar Series Gold Coins
Chinese Panda Series Gold Coins
Gold Donald Trump One-Ounce Gold Rounds
Beyond coins, individuals keen on expanding the variety of gold within their IRAs will find appeal in Gold Safe Exchange’s selection of gold bars. The Credit Suisse PAMP Suisse Gold Bars are a popular choice, available in varying sizes yet consistently maintaining a purity of 0.9999 gold.
These bars trace their origins to the PAMP SA Company, which was established during the 1970s and specializes in producing pure gold bars for discerning investors.
The platform also retails one-ounce gold bullion bars sourced from a multitude of mints, both domestic and international. Importantly, regardless of the mint of origin, each bar uniformly weighs one Troy ounce.
The allure of silver bullion is undeniable for investors seeking a well-rounded IRA portfolio. The business extends its support in the acquisition of silver bars, coins, and proof coins, all of which adhere to the stipulations for precious metal IRAs. The silver bars, boasting a purity of 0.999, cater to diverse preferences and account needs. Clients are empowered to select from one-ounce silver coins or opt for larger denominations, including sizes such as 100 ounces and 1,000 ounces.
Of particular interest is the American Eagle Silver Proof Coin, originating from the esteemed US Mint. This coin, carrying one Troy ounce of silver with a notably high purity level, weighs slightly above 31 grams. It is essential to acknowledge that updated iterations of this coin make their annual debut in the market.
Gold Safe Exchange streamlines the investment process for these coins, simplifying their inclusion within clients’ accounts. The platform additionally boasts an array of traditional silver coins, exemplified by the America the Beautiful coins, which pay tribute to the nation’s scenic splendor. These coins, akin to their modern counterparts, house one Troy ounce of silver.
Further silver coin selections available via Gold Safe Exchange encompass:
Perth Australia Mint Series Silver Coins
British Valiant Silver Coins
Chinese Panda Series Silver Coins
British Britannia Silver Coins from 2013 onwards
Canadian Maple Leaf Silver Coins
Platinum bullion, characterized by its substantial platinum content, forms an intriguing aspect of precious metal investment. The fluctuating value of this precious metal, at times soaring to $1,000 or beyond per ounce, underscores its potential as an investment avenue. All platinum coins offered by this company align with the requisites for gold IRAs, thus enhancing their appeal.
Clients are presented with a choice between traditional and proof coins from the US Mint, such as the American Eagle, as well as Koala bullion coins from the Australian Mint. Additionally, the platform’s offerings extend to encompass coins like the Isle of Man Noble and the Canadian Maple Leaf, thereby diversifying the available options.
In spite of periodic downturns in 2022 and 2023, the value of palladium remains notable, with an approximate worth of $1,300 per ounce. Experts speculate on an eventual resurgence in its price.
GSE facilitates participation in palladium investment through Canadian Maple Leaf coins sourced from the Canadian Mint. These coins boast a purity level of 0.9995 fine and encapsulate a full Troy ounce of palladium. Clients seeking alternatives can also explore the purchase of palladium bars, with origins spanning the Canadian Mint and beyond. The bars typically adhere to a one-ounce weight, although exceptions may arise with varying weights.
Gold Safe Exchange falls short of providing comprehensive information about the gold bullion and other offerings it has in its inventory, which constitutes one of its drawbacks. The platform presents a limited amount of information initially to generate client interest in purchasing, subsequently urging them to initiate contact for more detailed insights.
How to Invest in Gold Safe Exchange IRA?Step-by-step guide for investing in Gold Safe Exchange IRA
To invest in a precious metals IRA through Gold Safe Exchange are the general steps:
Open a Self-Directed IRA
Select an IRA company that handles opening precious metals IRA accounts and fill out an application. You can work with Gold Safe Exchange to recommend an IRA company and provide the necessary paperwork. However, I don’t recommend doing so.
Fund Your IRA
Once you have selected an IRA company, you can move your funds into your new IRA account. You can work with the IRA company representative to transfer or rollover funds into the new account.
Select a Precious Metals Dealer
One of the forms you need to fill out along the way is typically called a Buy Direction Letter. This is where you list the precious metals dealer you have selected, such as Gold Safe Exchange.
Decide Which Precious Metals to Purchase
You can choose to invest in gold, silver, platinum, or palladium for your IRA. There are some restrictions regarding fineness requirements and allowable coin types, so getting guidance from Gold Safe Exchange in this area is important.
Place Your Order
Once the funds are available in your IRA account, you can call them to order the desired precious metals.
However, I don’t recommend opening an IRA with Gold Safe Exchange. Why? Because there are plenty of better options available for you.
Initiating a precious metals IRA marks a significant choice. That’s why I recommend exploring our compilation of leading gold IRA providers. Within this resource, you can discover the finest dealers of precious metals in your region, aiding in your decision-making process.
You can get a free guide on gold IRAs below. It will help you understand the process:
Gold Safe Exchange Fees and Charges: Do they overcharge?What are their fees? Do they have hidden fees?
A notable drawback associated with the GSE website is the absence of any comprehensive information concerning fees and charges. This conspicuous absence of fee-related details represents a significant downside for the company. As a result, potential clients seeking transparency regarding the financial aspects of their transactions will likely find this aspect less appealing.
A distinct limitation is observed in the way Gold Safe Exchange presents its offerings. Specifically, the company refrains from divulging specific prices on its website, which can present a challenge for those considering their options. While prospective clients are granted access to view a selection of available bullion products along with relevant details, they are faced with a notable gap in their ability to ascertain the precise cost associated with each piece. This information vacuum can potentially create a sense of uncertainty and hinder confident decision-making.
Contact them to get the right information:
To obtain accurate pricing details, individuals are compelled to initiate direct contact with the company. This requirement to engage in direct communication in order to learn about the financial implications of their potential purchases can be perceived as an inconvenience and a barrier to seamless navigation through the selection process.
Gold Safe Exchange, however, asserts that its clients stand to benefit from the advantage of accessing competitive prices. The company emphasizes that it refrains from imposing retail prices on its range of products.
In sum, the lack of fee and pricing information on the Gold Safe Exchange website stands out as a distinct disadvantage, potentially inhibiting potential clients’ ability to make informed and confident decisions regarding their precious metal investments.
Companies like Augusta charge ZERO fees for up to 10 years, allowing you to choose your gold & silver. Gold Safe Exchange on the other hand provides fewer options.
Gold Safe Exchange Reviews and Complaints: BBB, Trustpilot, SitejabberRead all the Gold Safe Exchange reviews & complaints
Better Business Bureau (BBB):
On the Better Business Bureau website, Gold Safe Exchange has 5 stars out of 5-star ratings based on only 4 customer reviews. They are since 15 years in the industry. No complaints have been filed and closed. The company has an A+ rating. This business is also BBB accredited on Better Business Bureau website.
On the Trustpilot website, Gold Safe Exchange has 3.8 stars out of 5-star ratings based on only 2 customer reviews. According to this such ratings they are in a great state on the website. The company has received a positive rating from these two customers. The company is verified on Trustpilot.
On Google, Gold Safe Exchange has 4.8 stars out of 5-star ratings based on various customer reviews. There are 18 customer reviews on Google, and most of them are positive, with customers praising the company’s excellent customer service, professionalism, and expertise.
Business Consumer Alliance (BCA):
On Business Consumer Alliance, Gold Safe Exchange has BB ratings in its BCA account. The business is not a member of BCA. There they have no customer reviews or ratings.
Some Customer Reviews from various online platforms:
#1. Adam Green commends Gold Safe Exchange’s staff for their extensive expertise, aiding clients in comprehending their needs and making informed choices. He praises the company’s effective communication and values its commitment to honesty in transactions.
#2. Kayla Rodriguez consistently praises the service at Gold Safe Exchange, commending every interaction. She particularly appreciates Bill’s help in simplifying the initial process. Rodriguez also highlights the ongoing strong support and expertise from the company’s representatives in her subsequent communications.
#3. T Collins strongly asserts that the company’s performance falls well below a single-star rating. In a cautionary tone, Collins warns potential customers to exercise caution when dealing with Gold Safe Exchange, especially highlighting its alleged exploitation of older people.
#4. According to Mike, he has engaged with Gold Safe Exchange on multiple occasions and has found them to be highly reliable. He specifically highlights their assistance in facilitating both his physical gold purchases and the seamless transfer of his IRA into precious metals. Based on his positive experiences, Mike enthusiastically recommends considering their services for anyone seeking similar solutions.
#5. Keith McDonald shares his positive experience, noting that Robert from Gold Safe Exchange maintained consistent communication, keeping him well-informed throughout their interaction. McDonald commends the service he received, highlighting its excellence and the friendly demeanor displayed. Based on his positive encounter, McDonald readily extends a recommendation for others to consider engaging with Gold Safe Exchange.
Is Gold Safe Exchange Legit? Should You Invest With Them?Is Gold Safe Exchange a scam or legit? Are they worth it?
Gold Safe Exchange is a precious metals dealer in business since 2008. They have an A+ rating with the Better Business Bureau, a 3.8-star rating on Trustpilot, and a 4.8-star rating on Google Reviews.
Whether or not this company is legitimate is a matter of opinion. Before you make any final decision, I recommend checking out our top gold IRA providers.
There, you will find out what the industry’s best offers. Also, it will ensure you make an informed decision.
Or, you can check out the best gold dealer in your state below:
A+ rating on BBB
Decades of industry experience
Limited online reviews
Fewer products than others
Lack of transparency
Each state has its regulations and rules, so we’ve sorted and found the best Gold IRA company for each state.