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American Gold Exchange Review

New investors starting their gold investment journeys can sometimes be unsure about the dealership to trust for opening a gold IRA or buying precious metals. Hence, our principal aim at Bear Lake Gold is to provide you with all the necessary information through this American Gold Exchange Review Page that you will need to decide whether it will be best to do business with American Gold Exchange or not.

Introduction to American Gold Exchange (AGE)

AGE is a leading national precious metals and rare coin company specializing in selling directly to the public and also in dealer-to-dealer trading. AGE works with many precious metal suppliers in the United States and Europe. The company was founded in 1998, and since then, it has sold high-quality coins and bullion to the public at extremely low prices.

According to one of the customer care agents we spoke to, AGE prioritizes its customers. He said, “Our prices on gold, silver, platinum, and palladium coins and bullion are always among the lowest in the industry, and our quality is the highest. Each classic gold and silver coin is hand-selected for superior collector desirability based on technical merit.”

Another agent we spoke to told us that AGE trains its account managers specifically to be patient with customers no matter the size of their portfolios. These managers ensure that customers are adequately informed and feel comfortable about their investments’ benefits and the market generally.

Furthermore, the agent said, “We're pleased to say that an AGE customer is usually a customer for life! That's why Dr. Steve Sjuggerud's DailyWealth recommends us. Peter Schiff of Euro Pacific Capital, Porter Stansberry, and Mary Anne & Pamela Aden of The Aden Forecast also recommend us as a trusted source for classic coins and bullion.”

American Gold Exchange Management Team

The CEO of the AGE is Dana Samuelson.

American Gold Exchange Cost and Fees

AGE sells precious metals and rare coins through its website for the most competitive prices. The company lists its prices on its website. Hence, it is transparent about pricing

Coin Grading Free Silver Offer
American Gold Exchange review

Amercian Gold Exchange

American Gold Exchange Products and Services

Precious Metals

AGE has a vast catalog containing precious metal bullion, coins, and bars. On the company’s website, you will see an ocean of both IRA-eligible and non-IRA-eligible metals in the following categories;

  • Gold
  • Silver
  • Platinum
  • Palladium

Precious Metals IRA

Customers who want to set up their gold IRAs can do it through AGE. The company has partnered with four gold IRA companies to provide IRA custodianship services to its customers. These IRA custodians are;

  • GoldStar Trust Company
  • Strata Trust Company
  • The Entrust Group
  • New Direction Trust Company

Selling to American Gold Exchange

The company assists its customers in selling portions or all of the metals in their portfolio and coin collections. In addition, AGE is interested in buying United States Silver Dollars, Mint State US Gold Coins, and other bullion products. The agent that informed us about this service told us that AGE purchases these products at their top prices.

Buying from American Gold Exchange

Most of the customers we spoke to told us their buying experience with AGE was safe and easy. You can place your orders via the telephone or its online marketplace. The company has various payment methods, which have different limits. The limit for online orders is $15,000 for full credit card payment and $50,000 for full cryptocurrency payment. However, customers must place orders above $50,000 via telephone calls.

American Gold Exchange Payment Methods

  • Credit card payment has a $15,000 limit with an additional 4% processing fee. AGE accepts MasterCard, Visa, Discover, and American Express.
  • Cryptocurrency - AGE accepts Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Dogecoin (DOGE), Wrapped Bitcoin (WBTC), Shiba Inu Coin (SHIB), Litecoin (LTC), and five USD-pegged stablecoins (USDC, GUD, DAI, USDP, and BUSD) with an additional 1% processing fee.
  • AGE accepts bank-processed Zelle payments. Your bank has to support Zelle payment to pay through this method. The limit differs from bank to bank. Hence, you can confirm with your bank to know your allowed limit.

American Gold Exchange Shipping

AGE ships its products through USPS and FedEx. FedEx is AGE's default carrier unless the customer's address is a PO Box. USPS deliveries above $5,000 take 5 to 7 days to get to customers, and they are fully insured, while below $5,000 takes just 3 days. FedEx deliveries are for packages of all sizes and are more economical. It takes 3 days to reach customers. They are fully insured and do not deliver to PO Boxes.

All AGE packages have AGE written on them, and your signature is required before the postman or driver will give you the package. The agent we spoke to on shipping said, "Do not accept delivery of any package that has been damaged, physically tampered with, opened and resealed, or violated in any way! Instead, refuse to sign and call us immediately at 1-800-613-9323. Beyond our stated return policy, AGE accepts no responsibility for packages or their contents after delivery is accepted."

Services & Products Offered By Company Name

 
gold ira pros and cons

How Do Customer Review Sites Rate Company Name?

BB Review and Customer Testimonials

A+

There was only one review on BBB, so not a significant statistical sample.

Business Consumer Alllience Review

No Reviews Were Found

No Reviews Were Found

Google review

4.8 stars out of 5 stars

The rating was from 57 reviews

Facebook Reviews

No Reviews Were Found

No Reviews Were Found

Trustpilot Reviews

5 stars out of 5 stars

The rating was from 2,465 reviews

American Gold Exchange Promotions

Currently, the company is not offering any promotions to new customers. To benefit from the best promotions in the industry, open a gold IRA through Goldco, and you will get $10,000 in free silver

free $10,000 in silver

American Gold Exchange Pros And Cons

Pros
They are a BBB (Better Business Bureau) accredited business
AGE draws upon a huge network of precious metal suppliers (including palladium suppliers) in the US. Hence, it has an almost limitless inventory
They are open to taking customers' calls and answering questions.
AGE accept a wide range of payment methods.
Cons
AGE operates regionally; they are based out of San Diego and are only widely recognized and used in this region.
Customers we interviewed said, "it has been difficult contacting them after 4pm and impossible at weekends"
As part of our research, we found that AGE's fees and commission charges were much higher than the industry average.

Conclusion to our American Gold Exchange Review

Bear Lake Gold will give its final verdict by answering the question, "is American Gold Exchange a scam?" We learned that AGE is not a scam company, but we do not rate it as one of the industry's top 30 gold IRA companies.

The company has been in business for over 20 years and has proven trustworthy in the industry. It has helped many clients set up their gold IRA and sold the highest quality coins and bars to people over the years.

However, the fact that it is a regional business makes it difficult for investors outside San Diego to relate with them offline. We want you to avoid making online investments and then havehaving issues reaching the company offline when the need arises.

Hence, we would not advise you to invest in precious metals or open your gold IRA through AGE.So, we would not suggest you  Instead. Instead, we recommend investing through our top three gold IRA companies Augusta Precious Metals, Goldco, or American Hartford Gold. These companies are popular in the US and have offices in various locations. It means you can easily walk into their offline stores no matter where you live in the US.

Asides from that, these firms have other unique features that have made them rank as the top three firms in the industry. We have put these features in their three separate review documents. Please click the relevant links in the 'Top Three American Gold Exchange Alternatives' section below to download them for free.

Our Recommended Alternatives To Company Name

Our #1 Precious Metals & Gold IRA Company - Best Overall

augusta Precious Metals

Augusta Precious Metals is our best rated overall precious metals company

  • Customer care is exceptional
  • Pricing is highly competitive
  • Educational program second to none
  • The best FREE investment guide in the industry
  • Zero complaints on BBB & BCA
  • Free shipping on all orders

Our #2 Recommendation - Best For Promotions

Goldco best ira company review

Goldco is our second top rated gold and precious metal company. Having been top rated all of last year they were very close top Augusta Precious metals

  • Great promotional offers
  • Pricing is highly competitive
  • Educational program second to none
  • FREE investment guide in the industry
  • High buyback prices
  • Expert guidance provided by the team
  • First years fees waivered for new customers

Our #3 Gold & Silver Company -Great Prices and Great Customer Service

Hartford American

American Hartford Gold is our third top rated company.

  • A leading, recognized and trusted brand in the industry
  • A family owned and run business
  • Excellent customer service
  • Buy back guarantee
  • Free shipping
  • Promotional offers for new  customers
  • Transparent about cost
  • Diligent when it comes to compliance

 

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