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USAGOLD Review

Our USAGold review will give Bear Lake Golds’ expert opinions on this precious metals IRA (Individual Retirement Account) company and what it offers to customers in the precious metals industry. As an expert review organization in the precious metals IRA investment niche, we will provide you with recent facts about USAGold leadership, storage solutions, and why they stand out in the industry.

We employ our homed precious metals IRA dealer review methodology while conducting all our review procedures. And as a vital aspect of this USAGold review, we conferred with some of the company's staff and several their clients.

Unfortunately, we could not rate this company among our first ten recommended gold IRA companies, because the research we conducted could not satisfy our many checks and balances that we use to review all the companies we research.

In this review, we will provide more details of our findings. If you want to understand our findings in more detail, ensure you read this review until the end.

Bear Lake Gold sole aim is to equip our readers with the information they need to make informed investment decisions. Because we care about the decisions you make, we have carefully selected the best companies in the precious metals industry. We recommend these companies to our readers because when we reviewed them they passed an exceeded the various checks and balances we believe are essential when selecting any precious metals investment options.

Our top three recommended gold IRA investment companies are Augusta Precious Metals, Goldco, and American Hartford Gold. If you are interested in finding out the details we got, and why we have rated these companies as our top three in the precious metals industry, please click the buttons below to request their full and detailed information packs.

 

#1 Recommendation

Best Overall Precious Metal Provider

 

Best IRA Gold information packREQUEST YOUR AUGUSTA GOLD GUIDE

 

#2 Recommendation

Best  Gold IRA Based On Price

 

Best IRA Gold information pack REQUEST YOUR GOLDCO GOLD GUIDE

 

#3 Recommendation 

Most Reliable IRA Provider

 

Best IRA Gold information packREQUEST YOUR HARTFORD GOLD GUIDE
USaGold Review

Company Name

Introduction to USAGold

USAGold is a precious metals company founded in 1973 in Denver, Colorado. The company has been in business longer than most gold IRA companies in the industry. It started as a family-owned business, and since then, it has remained a family-owned business.

When we contacted one of the company’s customer care agents, he told us that “the company works so hard to give its customers quality customer care support service.” He said, “USAGold does not believe in selling products with the use of high-pressure tactics like many companies in the industry.”

“The company has been on the precious metals scene for nearly five decades. It has grown over the years, and even with the growth, it still has enough employees to attend to the personal investment needs of its customers,” He added.

Furthermore, he told us that “the company had built contacts and relationships within the precious metals industry, and because of these relationships, they can offer their precious metals at highly competitive prices.”

USAGold has an Online Order Desk that shows real-time spot prices of gold and silver. Customers can conveniently place orders through this Online Order Desk. In addition, if you have issues with placing your orders, you can contact any USAGold broker for assistance.

When we asked some customers about the company’s brokers and what they think about them, here is what we were told in summary, “USAGold has a team of highly experienced brokers. These brokers have been in the precious metals industry for at least ten years.”

USAGold  Management Team

Michael J. Kosares is the founder of the company. He founded it in 1973. By 1996, he had authored a book titled ‘The ABCs of Gold Investing - How To Protect and Build Your Wealth with Gold.’

The book has been published in three separate editions and translated into different languages.

What is USAGold Selling?

Customers can buy IRA-eligible gold and silver bullion and coins from USAGold. The company sells historic United States gold coins, historic fractional gold coins, and collectibles. Some of the products that you can find in the company’s coin product portfolio are;

  • American Gold Eagle
  • American Gold Buffalo
  • Canadian Gold Maple Leaf
  • Gold Austrian Philharmonic
  • Gold Australian Kangaroo
  • Silver Canadian Maple Leaf
  • American Silver Eagle
  • Silver Austrian Philharmonic

Currently, USAGold does not sell platinum and palladium products to customers.

USAGold Costs and Fees

The company is transparent about its precious metal prices. On its website, you will see the list of products available with their prices pegged to them. In addition, USAGold displays gold and silver market spot prices for customers.

As of the time of writing this review, the company sold its Half-ounce gold coins for $958.62 and Quarter-ounce gold coins for $493.22.

For its silver products, as of the time of conducting this review, you could buy its American Eagle coin for $32.96, Canadian Maple coin for $24.53, and its Austrian Philharmonic coin for $25.89.

Services/Products That USAGold Offers

Gold

If you wish to include gold to your gold IRA portfolio, you can buy a wide range of bars and coins from USAGold. Some of the gold IRA products in their inventory are;

Coins

  • American Eagle Gold Coins
  • South African Krugerrand Gold Coins
  • Canadian Maple Leaf Gold Coins
  • Austrian Philharmonic Gold Coins
  • American Buffalo Gold Coins

Bars

  • 1 troy ounce Gold Bars
  • Kilo Gold Bars
  • 10 troy ounces Gold Bars

Silver

USAGold's customers can also decide to add silver IRA-eligible bars and coins to their IRA investment portfolio. Some of the products available in this category are;

Coins

  • American Eagle Silver Coins
  • Austrian Philharmonic Silver Coins
  • Canadian Maple Leaf Silver Coins
  • USA Pre-1965 Silver Coin Bag

Bars

  • 100-ounce Silver Bars.
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USAGold Precious Metal IRA (Individual Retirement Account)

Investing in precious metal IRAs allows you to add precious metals to your retirement account. Adding precious metals to your retirement account will help you diversify your investment portfolio ahead of your retirement.

You may qualify for an IRA rollover if you already have a regular IRA (401k or 403k). If you have doubts about your account eligibility, contact the USAGold customer care department for clarity.

The company works with Equity Trust Company for its IRA custodian services. Its IRA custodian partner can help you roll over or transfer your funds from an existing IRA to your precious metals IRA. After you set up your precious metals IRA with Equity Trust, you can keep interacting with USAGold representatives to help you choose the best IRA-eligible precious metals to add to your IRA.

According to IRS regulations, gold coins and bars must have at least 99.5% purity, while silver bars and coins must have at least 99.9% purity. USAGold silver and gold products meet these IRS precious metals standards.

USAGold Storage

For your IRA-eligible precious metals storage, USAGold partners with Delaware Depository. The depository is one of the most secure in the industry, and it has storage vaults in Delaware, Wilmington, and Seal Beach, California.

These cutting-edge secure vaults provide segregated and non-segregated solutions. In addition, these depositories have full insurance from Lloyd’s of London.

Furthermore, Delaware Depository allows customers to ship and store their precious metal products internationally. The company has storage vaults in other countries apart from the United States, such as Switzerland, Toronto, Zurich, ON, and Canada.

What Makes USAGold Unique?

Whether you are new to precious metals investment or have been in it for some time, the USAGold website may be useful to you. The company has a "Gold News" section on its website. In this section, precious metals investors can find daily reports about the market, real-time prices, updates on the market, USAGold newsletters, and its opinion blog posts about precious metals investing.

How Do Customer Review Sites Rate USAGOLD?

BB Review and Customer Testimonials

A+

According to BBB they recorded no complaint in the last three years against USAGOLD

Business Consumer Alllience Review

No Reviews Were Found

No Reviews Were Found

Google review

No Reviews Were Found

No Reviews Were Found

Facebook Reviews

No Reviews Were Found

No Reviews Were Found

Trustpilot Reviews

No Reviews Were Found

No Reviews Were Found

USAGold Promotions

While writing this review, we contacted USAGold customer care service about its current promotional offerings. They informed us that the company had no promotional offerings at the moment. If you wish to invest through a gold IRA company that offers promotions, we recommend investing in your gold IRA through any of our recommended companies. They offer amazing promotions to new and existing customers. For example, at the time of this review writing, Goldco offered new customers who qualify for rollover $10,000 in free silver

free $10,000 in silver

USAGold Pros and Cons

USAGolod Pros
USAGold Have been a BBB-accredited business since 1991
Formed in 1973 they now have five decades of trading history
Their team of brokers seem highly experienced and knowledgeable
They offer bother IRA services and IRA-eligible metals
Their online order-desk allows customer to place orders anytime they wish
USAGold Cons
USAGold only sells Gold and Silver. The lack of Platinum and Palladium offerings means diversifying your IRA precious  metals portfolio will mean you having to go to alternate dealers
We were astounded by the lack of reviews or customer testimonials we found online
When we used our standard past customer recruitment methodology to recruit past customer to interview we were not able to find enough past or current customers to interview meandingfully.
There is a lack of detail information available about the experience of the management team running USAGold.

Conclusion to our USAGOLD Review

In our opinion and in conclusion to this USAGold review we think USAGold is a legitimate company and not a scam operator.

They are a well-established precious metals company that has been operating since 1973 and are headquartered in Colorado.

They failed to reach our top three recommended companies primarily because of the following reasons.

  • They do not offer Platinum and Palladium which we consider an essential part of a precious metals diversified portfolio holding.
  • As little information is published about the top management team it is hard for us to evaluate the caliber and experience of the team that leads the company.
  • Unlike our top three recommended companies USAGold has very few public testimonials or reviews on key review platforms online.
  • In support of the above we failed to find sufficient customers or past customers ready to come forward and be interviewed about their experiences when dealing with USAGold.

Here at Bear Lake Gold, we advise our readers to consider transferring part of the funds they hold for retirement in their 401k or 403k into a gold IRA. However, we do not advise them to hold just gold and silver IRA-eligible metals.

We believe that portfolio diversification is key to growing wealth ahead of retirement. We advise our readers to hold gold, silver, platinum, and palladium IRA- eligible coins and bars in their portfolios; this helps minimize the risk associated with one metals price crashing at a time when you might want to withdraw funds from your precious metals IRA.

Currently, USAGold does not sell platinum and palladium IRA products. Therefore, it is not a good company to invest in if you want to grow wealth using portfolio diversification. We care about your investment goals, and because we know that one of those goals is to grow wealth through precious metals portfolio diversification, we suggest you invest through any of our top USAGold alternative companies.

These companies are the best in the industry because they offer products that will help you diversify your portfolio. They are the best for United States investors who want to grow their wealth through portfolio diversification ahead of retirement.

Please get the links in the next section to get more details about our top three USAGold alternatives.

Our Recommended Alternatives To Company Name

Augusta Precious Metals is the number-one recommended precious metal IRA dealer list. We recommend this company for a lot of reasons. Part of the reason is that the company has industry professionals who will guide you through your investment journey as a beginner from start to finish.

Investing with them already gives you a head-start. You will be investing like a professional using the recommendations from one of the finest industry professionals.

Goldco is another leading gold IRA firm on our list of precious metals companies. The precious metal company is accredited by BBB (Better Business Bureau) and has won awards for its excellence in the industry.

American Hartford Gold is a top-tier family-based gold IRA dealer.

The company offers amazing promotions to first-time investors and buy-back services for those who want to liquidate their metals for various reasons.

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