Colorado Gold Review

This post is not about the Colorado Gold Rush. Instead, we’ll be talking about a Colorado-based gold dealer that’s been helping people invest in precious metals for decades.

They are big name in the local market.

But are they legit? Can you trust them with your money?

I’ll help you find the answers in this review.

History of Colorado Gold and Their Leadership

Colorado Gold emerged during a period of heightened interest in precious metal investment, with its founder, Don Scott, leading the charge in providing accessible and trustworthy services in this domain. 

Don aimed to empower individuals to broaden their investment portfolios and safeguard their financial futures by investing in tangible assets like gold, silver, and platinum. 

This commitment and clarity established the foundation for a business recognized for its integrity and exceptional customer service.

Following Don’s death, his children stepped in, upholding his legacy with unwavering values and a steadfast commitment to customer care. 

The family ownership model has enabled Colorado Gold to forge enduring relationships with its clients, ensuring a level of consistency that is increasingly hard to find in the current financial landscape. 

The company’s emphasis on personalised service has built loyalty and trust, positioning it as a respected option for investors eager to enter or grow their investments in precious metals. 

A Commitment to Education and Transparency

One of the key features of Colorado Gold is its unwavering commitment to educating customers. The company recognizes that investing in precious metals can be a convoluted affair, and it makes a concerted effort to simplify the process for its clients.

During my research, I found that Colorado Gold features a weekly market update column on its website, delivering insights into the trends, pricing, and economic factors that influence the precious metals market. 

This resource has become essential for both new and experienced investors, guiding them to make smart decisions rooted in the realities of the current market landscape.

Colorado Gold demonstrates a strong commitment to education, showcasing a customer-focused approach that guarantees clients feel informed and confident in their investment decisions. 

The company’s commitment to transparency in sharing information reflects its ethical business practices, creating an atmosphere where customers are empowered to make choices that align with their financial objectives. 

Product Range: Investment-Grade Precious Metals

Colorado Gold provides a wide array of investment-grade metals, featuring gold, silver, and platinum. Every type of metal comes in a range of formats, catering to diverse investment preferences and strategies. The offerings from the company consist of:

• Gold coins and bars come in a variety of sizes and designs, appealing to both serious investors looking to purchase in bulk and those who prefer to buy smaller amounts.
• Silver coins and bars stand out as a practical choice for collectors and investors alike, offering a broad range that caters to various preferences.
• Platinum Coins and Bars: While not as prevalent as gold and silver, platinum presents a viable choice for investors aiming to broaden their horizons in the realm of precious metals.

Customers have the option to select products that qualify for a precious metals Individual Retirement Account (IRA). Colorado Gold offers clients the freedom to choose between storing their metals in an IRA or taking physical possession. I can tell you that the whole point of a gold IRA is about giving you control over your investments. 

This kind of flexibility is crucial because it empowers clients to tailor their investments to fit their unique financial strategies. 

What Products Can You Purchase at Colorado Gold Group?

Alongside selling precious metals, Colorado Gold provides services that enhance the investment process, making it more adaptable and within reach for everyone. 

One thing that stood out for me was the company’s buy-back program. It stands out, enabling customers to sell their metals back at competitive prices. This buy-back option provides customers with a solid safety net, ensuring they have a dependable way to sell their assets when necessary. 

Support and Guidance for Investors

Another thing I liked about them is their customer support.

Colorado Gold offers top-notch support and guidance to its clients, simplifying the intricate world of precious metals investing. The company’s team stands ready to tackle your questions, share valuable insights, and deliver tailored advice just for you. 

I believe this kind of support is crucial for newcomers who are just getting their feet wet in the world of precious metals, and it’s equally valuable for seasoned investors aiming to broaden their portfolios. 

As it’s a family-owned business, you get a homely feeling when dealing with them. They don’t treat you like a number on a spreadsheet. No, they treat you like a friend.

Also, when you’re looking to set The company offers guidance and helps clients navigate the essential steps to comply with IRS regulations, providing a straightforward and secure method for incorporating precious metals into retirement planning. 

Comparing Colorado Gold to Others

When considering precious metals dealers, I weigh multiple factors such as pricing, product selection, and customer service. 

Colorado Gold stands out with its competitive pricing, an extensive range of IRA-eligible metals, and a commitment to putting customers first.

Unlike many dealers who may prioritize sales, Colorado Gold prioritizes education and transparency, helping customers make well-informed decisions. 

This focus on informed investing distinguishes Colorado Gold from its competitors, who often lack the same commitment to educational resources and personalised service. 

Colorado Gold Group Fees and Pricing:

Colorado Gold has made a name for itself as a trustworthy dealer in the precious metals market, providing a variety of products and services for investors. Let’s take a closer look at the company’s fee structure and pricing policies to give potential customers a better understanding.

Competitive Pricing Strategy

Colorado Gold prides itself on offering “only the highest quality, lowest priced gold, silver, platinum and palladium.” This commitment to competitive pricing has reportedly led to high customer satisfaction despite variable annual costs. 

The company’s dedication to providing value is further evidenced by their regularly updated “Our Specials” section, featuring deals on various investment options based on current inventory. 

Buyback Policy and Fees

Colorado Gold has a buy-back policy designed to foster customer loyalty, all while being flexible for those who may have bought their metals from other sources:

There is a minimum charge of 1% for metals that are not sourced from Colorado Gold.

• For orders under $50,000, there’s a 1% fee. For those exceeding $50,000, the fee is reduced to 0.75%.
• A fee of 0.5% applies to orders exceeding $100,000.

This tiered system incentivises bigger transactions by offering reduced fees. The company wisely purchases all precious metals that meet acceptable hallmarks, ensuring sellers have the flexibility they need. 

Shipping and Insurance

One of the notable aspects of Colorado Gold’s pricing policy is their provision of free shipping and insurance on every order. This can lead to substantial savings for customers, particularly when it comes to bigger purchases. 

Payment Options and Terms

Colorado Gold provides a variety of payment options to meet the diverse needs of its customers:

• Electronic Funds Transfer
• Personal check
• Venmo (for small orders)
• Cashier’s Check

Customers must understand that entering into a legal agreement and completing payment within 7 days of purchase is essential. 

Additional Fees and Services

Although the search results failed to deliver precise details on setup fees or storage fees, it’s important to recognise that these fees are a standard practice in the industry. Interested customers ought to reach out directly to get clarity on these possible expenses. 

Thus, Colorado Gold seems to provide a fee structure that is both competitive and transparent, especially advantageous for individuals making larger purchases or participating in buy-back transactions.

The inclusion of free shipping and insurance on every order is a major benefit that cannot be overlooked. That said, anyone considering this financial move needs to do their homework and look at what other dealers have to offer.

It’s essential to recognise that the precious metals market is ever-changing, with prices and fees fluctuating regularly. For the most precise and current information, those interested in investing should reach out to Colorado Gold directly. 

Their dedication to customer satisfaction indicates they would gladly offer comprehensive information to assist you in making a well-informed choice. 

What Do Colorado Gold Reviews Say?

Here’s an example of a Colorado Gold review I found online:

I bought 100 ounces of silver coins from Colorado Gold. They arrived much faster than expected, the quality is outstanding, and the prices are the best I could find online—often significantly lower than the competition. 

My brother has engaged in business with them multiple times, while I have only done so once. From what we’ve seen, this is a reliable and high-quality business. A big thanks to Melissa for her invaluable assistance.

At BBB, they enjoy an A+ rating and are an accredited business.

Although the number of reviews on this company is relatively small, they have only received praise from their customers.

That’s a big deal.

Considering they have been in the market for several decades and haven’t received any major complaints shows they are a reliable name.

The Process of Opening a Precious Metals IRA with Colorado Gold

For those looking to enhance their retirement portfolio with precious metals, Colorado Gold makes it easy to establish a precious metals Individual Retirement Account (IRA). 

I checked and while Colorado Gold itself isn’t an IRA custodian, it collaborates with reputable IRA custodians that take care of the compliance, documentation, and storage needs tied to precious metals IRAs.

Here’s a straightforward look at how Colorado Gold helps clients establish a precious metals IRA:

Selecting a Custodian: Colorado Gold points you toward trustworthy custodians who excel in handling precious metals IRAs. These custodians know the ins and outs of IRS regulations and are equipped to guarantee that the IRA adheres to all required compliance standards.

Clients have the option to fund their precious metals IRA by rolling over from existing retirement accounts or by making direct contributions. It’s a straightforward process that allows for a strategic approach to retirement savings. 

The custodians recommended by Colorado Gold play a crucial role in this process, making sure that the funds are properly allocated for the purchase of precious metals.

Choosing Precious Metals: After funding the IRA, clients collaborate with Colorado Gold to select from a range of IRA-eligible metals, such as gold, silver, and platinum. Colorado Gold provides expert advice to assist clients in choosing metals that fit their investment objectives.

Storage: The precious metals in an IRA must be securely held by a depository that meets IRS approval. Colorado Gold’s custodian partners ensure that your precious metals are stored securely in a certified depository. 

These metals remain under your IRA until you decide to sell, withdraw, or take a distribution. It’s all about protecting your assets and giving you control over your investments.

This well-defined and secure approach allows clients to integrate precious metals into their retirement strategies while ensuring adherence to IRS regulations. 

For countless individuals, a precious metals IRA serves as a concrete method to diversify retirement assets, delivering an extra layer of security in the face of economic uncertainty. 

Colorado Gold Review: Conclusion

Colorado Gold stands out as a reliable precious metals dealer built on a foundation of customer care, ethical practices, and deep industry knowledge. 

For anyone looking to invest in precious metals, Colorado Gold provides:

• A thorough array of investment-quality gold, silver, and platinum offerings
• Clear pricing and an adaptable buy-back policy
• A dedicated emphasis on education, featuring weekly market updates
• Customized assistance and direction are specifically designed to meet the unique requirements of every client.
• Help with establishing precious metals IRAs

For both newcomers to investing and seasoned pros aiming to broaden their portfolios, Colorado Gold offers an investment experience that transcends mere transactions. 

Do I think Colorado Gold is legit? Yes.

Do I recommend working with them? It depends.

I suggest you check out their offerings, compare them with other precious metals dealers and then decide for yourself. Every investor is unique. You are too.

Let me know what you think.