Goldencrest Metals Review: Are They Legit? (2024)

Goldencrest Metals
Goldencrest Metals
Goldencrest Metals is an amazing company with one of the best product catalogs to offer. I highly recommend investing with them.
Fees & Charges
Honesty & Transparency
Customer Service
Excellent resources
Helpful team
Large product catalog
No international shipping
Expert Score

GoldenCrest Metals is a relatively new entrant in the precious metals market, established in late 2023 and headquartered in Calabasas, California, under the leadership of CEO Rich Jacoby. The company specializes in the sale and management of precious metals, including gold and silver IRAs and direct purchases of these metals.

GoldenCrest Metals aims to provide clarity and responsibility in precious metals transactions, emphasizing ethical sourcing and customer education. They offer a variety of products, including gold and silver coins and bars that are approved for IRA investments. To assist investors, the company provides extensive resources such as a wealth management guide and personalized consultations.

The company has been well-received for its transparency and customer service. They offer competitive pricing and promotional incentives like covering the first year’s fees for IRA accounts and providing a free safe for home storage on purchases over $10,000. They partner with the Delaware Depository for secure storage solutions and the Entrust Group as the preferred custodian for IRA accounts.

GoldenCrest Metals has earned an A- rating from the Better Business Bureau (BBB) and boasts a 5-star rating based on customer reviews. Customers have commended the company for its knowledgeable staff, smooth investment process, and high-quality service.


What is a Gold IRA?

A Gold IRA (Individual Retirement Account) is a type of self-directed IRA that allows investors to hold physical gold, silver, platinum, and palladium instead of the more traditional assets like stocks, bonds, and cash. This type of IRA provides a way to diversify retirement portfolios by including precious metals as a hedge against inflation and economic instability.

Key Features of a Gold IRA

  1. Self-Directed IRA:
  • Unlike traditional IRAs, which are managed by financial institutions, a Gold IRA is self-directed, meaning the investor has full control over the selection and management of investments.
  1. Physical Precious Metals:
  • Investors can hold tangible assets such as gold coins and bars within their IRA. These metals must meet IRS standards for purity and be stored in an approved depository.
  1. Tax Advantages:
  • Contributions to a Gold IRA can be tax-deductible (traditional IRA) or allow for tax-free withdrawals (Roth IRA), depending on the type of account and the investor’s eligibility.
  1. Diversification:
  • Including precious metals in a retirement portfolio can help reduce risk and volatility, as these assets often perform differently from traditional investments like stocks and bonds.
  1. Custodian Requirement:
  • By law, a Gold IRA must have a custodian, a financial institution authorized to hold the physical assets and manage the account.

Benefits of a Gold IRA

  • Hedge Against Inflation: Gold and other precious metals often retain value better than paper currencies, especially during periods of high inflation.
  • Safe Haven: During times of economic or geopolitical uncertainty, precious metals can provide a sense of security and stability.
  • Portfolio Diversification: Adding gold and other metals can reduce the overall risk in a retirement portfolio by balancing out more volatile investments.

Setting Up a Gold IRA

  1. Select a Custodian: Choose an IRS-approved custodian to manage the account and store the precious metals.
  2. Fund the Account: Transfer funds from an existing IRA or rollover a 401(k) or other retirement account into the new Gold IRA.
  3. Choose Your Metals: Select the types of precious metals to include in the IRA, ensuring they meet the IRS purity standards.
  4. Purchase and Store: The custodian will handle the purchase and arrange for secure storage in an approved depository.

IRS Regulations

  • The IRS has strict guidelines regarding the types of precious metals allowed in a Gold IRA, including minimum purity requirements (e.g., gold must be 99.5% pure).
  • The metals must be stored in an approved depository, not at the owner’s home or in a personal safe.

Gold IRAs offer a unique way to diversify and protect retirement savings through physical precious metals, providing benefits that traditional IRAs do not. However, it’s essential to understand the costs, regulations, and potential risks associated with this investment.

Goldencrest Metals Reviews: What do Others Say?

As Goldencrest Meatls is a relatively new company, you wouldn’t find many reviews online yet.

However, I did find some.

I’m sharing them here:

“GC proved to be a game-changer for their silver investment. The commitment to transparency and customer satisfaction was commendable. The entire process went smoothly, from discussing investment strategies to the secure delivery of their silver. GC stood out in the world of precious metals.” — Jake T.

The user couldn’t express enough gratitude towards GC for their exceptional advice and customized service. Being a first-time investor in precious metals, the user had numerous questions, and the team dedicated their time to addressing each one in a thorough manner. What was the result? They had a diversified portfolio that they felt confident about. GC was trusted to provide a smooth and rewarding investment journey.

— Emily C.

And a ton more.


Based on my experience with this company, I highly recommend investing with Goldencrest Metals.

They have an amazing product catalog and an even impressive team to help you find the right investments.

If you’re interested in learning more, check out their products here.

Alternatively, you can view our best gold IRA companies of 2024.