GoldenCrest Metals

GoldenCrest Metals Reviews

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Edited by: Joanna Broder

About GoldenCrest Metals

GoldenCrest Metals serves as a guide for investing in gold and silver. It assists clients through the process of establishing individual retirement accounts (IRAs) and provides a wealth of information about precious metal investments. It also sells a variety of minted coins for collection or investment. GoldenCrest Metals believes that everyone deserves access to a straightforward and transparent precious metals journey.

Pros
  • Tailored investing advice
  • Specializes in gold IRAs
  • Support for choosing custodial services
  • Offers free gold shipping and storage
Cons
  • No warranties or guarantees
  • Annual contribution limits
  • Minimum investment requirements

Gold and other precious metal IRAs are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.

What is GoldenCrest Metals

GoldenCrest Metals specializes in guiding investors through acquiring gold and silver, with a focus on establishing gold IRAs (individual retirement accounts). It provides a comprehensive range of services, including education on precious metal investment options.

GoldenCrest Metals also sells a variety of gold and silver coins backed by various countries, including the United States, Canada, Australia, South Africa and Austria. It provides education on investment options, rollover assistance, custodian selection (what financial institution will hold your gold) and tailored investment strategies.

GoldenCrest Metals expresses a commitment to making the precious metals investment process clear and transparent, reflecting its belief that everyone deserves a straightforward and transparent approach to investing in precious metals.

How does GoldenCrest Metals work?

GoldenCrest Metals offers two options for investing in precious metals: gold IRAs and coin-buying. Below is an overview of how each process works.

Gold IRA setup process:

  1. Consultation: Start by discussing your financial goals with GoldenCrest Metals. This meeting will provide you with personalized advice and educational resources about gold IRAs, including tax benefits, growth opportunities and the importance of diversification.
  2. Rollover and funding: Fund your gold IRA through a rollover of existing retirement funds or direct contributions. The process includes selecting a custodian that adheres to IRS standards and choosing a secure, IRS-approved depository for your precious metals.
  3. Customize your strategy: Work with GoldenCrest Metals to develop a tailored investment strategy. This involves selecting from various metals (e.g., gold, silver, platinum, palladium) and staying updated with market trends to align your investments with your financial goals.
  4. Finalize setup: Complete the necessary documentation and confirm all details with your custodian and depository to finalize the establishment of your gold IRA.

Note that there are limits on annual IRA contributions, at $6,000 for individuals under 50 years old and $7,500 for those 50 and older.

Coin-buying process:

  1. Contact: Reach out to GoldenCrest Metals at 833-426-3825 to discuss your investment goals with a precious metals specialist.
  2. Selection: Review available options and benefits of gold and silver coins to choose the ones that meet your needs.
  3. Delivery: Arrange for the delivery of your selected coins.

GoldenCrest Metals products

GoldenCrest Metals specializes in gold IRAs, which are retirement accounts that let you invest in physical gold and other precious metals. A gold IRA helps diversify your savings to prepare for retirement.

Besides gold IRAs, GoldenCrest Metals also offers a selection of gold and silver coins. These include popular options like the American Gold Eagle and Canadian Silver Maple Leaf. The available coins have been selected for their value and quality.

GoldenCrest Metals pricing

Pricing for gold and silver (and other precious metals) fluctuates greatly from one moment to the next. Due to these rapid changes, GoldenCrest Metals does not provide fixed prices on its website.

The company shared its minimum investment requirements:

  • $25,000 Minimum for precious metals IRA: This is the starting level for opening a precious metals IRA with GoldenCrest Metals. Benefits at this level include free insured shipping, free account setup, complimentary storage for one year and a 10% silver rebate, which can provide up to $25,000 in free silver.
  • $10,000 minimum for cash purchases: For direct cash purchases, the minimum investment is $10,000. This level does not include additional benefits like free silver or complimentary storage.

The company also provided the following information regarding what type of accounts qualify for complimentary shipping and storage of precious metals:

  • $25,000-plus investment: Free insured shipping, free account setup and complimentary storage for one year
  • $50,000-plus investment: Free insured shipping, free account setup and complimentary storage for two years
  • $100,000-plus investment: Free insured shipping, free account setup and complimentary storage for three years
  • $250,000-plus investment: Free insured shipping, free account setup and complimentary storage for five years
  • All eligible accounts: 10% silver back rebate, providing up to $25,000 in free silver

Is GoldenCrest Metals legit?

Yes, GoldenCrest Metals is a legitimate company. Established to guide investors in gold and silver, GoldenCrest Metals provides services for setting up gold IRAs and selling precious metal coins. While GoldenCrest Metals provides spot pricing on its website, actual prices may vary due to market fluctuations.

The company strictly adheres to IRS regulations for gold IRAs and maintains confidentiality agreements.

GoldenCrest Metals FAQ

What metals does GoldenCrest Metals offer?

GoldenCrest Metals primarily offers gold but states its IRAs can also include silver, platinum and palladium, provided they meet the IRS standards for purity.

Where does GoldenCrest Metals store my precious metals?

GoldenCrest Metals does not handle the storage of precious metals directly. Instead, it assists clients in selecting a custodian and depository for their gold IRA accounts. The metals are stored in IRS-approved depositories. GoldenCrest Metals claims these depositories are chosen based on their security measures, insurance coverage and overall suitability for safeguarding precious metals.

How long does it take to set up an IRA with GoldenCrest Metals?

The timeline to set up a gold IRA with GoldenCrest Metals depends on the nature of your current IRA funds:

  • If your funds are in cash: The process is typically quick, as it primarily involves transferring the funds to the new IRA. This can often be completed in a matter of days.
  • If your funds need to be liquidated: The process can take longer because of the wait for your current IRA provider to liquidate the assets before transferring the funds. This process usually takes two to three weeks, depending on the efficiency of your current provider.
Can I purchase gold online with GoldenCrest Metals?

No, you cannot directly purchase gold online with GoldenCrest Metals. To make a purchase, you must contact GoldenCrest Metals directly by phone.

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GoldenCrest Metals Company Information

Company Name:
GoldenCrest Metals
Address:
23901 Calabasas Road, Ste. 2002
City:
Calabasas
State/Province:
CA
Postal Code:
91302
Country:
United States
Website:
www.goldencrestmetals.com