- 01 Jul 2021
- Bonds
- Precious Metals
- Comments: 0
Smart investors know how to pick a good investment. If you've been following market trends lately, you know that many individuals are purchasing physical gold to help build their wealth, hedge against inflation, and diversify their portfolios. Now is the time to begin building your wealth and protecting yourself against inflation and other uncertainty by purchasing physical gold.
However, since there are so many options when it comes to purchasing physical gold, it may be challenging to decide which company you'd like to work with. There are five top online gold dealers that we'll tell you more about today. After you read through our reviews, you'll be able to choose one of these gold dealers to give your business to and get yourself set up with your own physical gold.
Gold Dealer Reviews
Regal Assets (NO LONGER RECOMMENDED)
#1. Goldco
When you're looking to buy physical gold, you can't do much better than Goldco. First started in 2006, this company has grown to be one of the most-known and respected in the industry. They work to make sure each investor's needs are met and that they're making the right investment decisions based on their goals and priorities.
Goldco's reviews should tell you nearly all you need to know about the company. They have earned an A+ rating from the Better Business Bureau and a Triple A rating from the Business Consumer Alliance, the highest possible ratings offered by each company. Past customers also have mainly positive things to say about their experience working with Goldco.
With Goldco, you can either set up a new Gold IRA or purchase gold coins and bars as a personal investment. They offer a diverse selection of IRA-approved gold coins and bars. You can also find out more information about the additional gold options that are available for a personal investment outside of an IRA by contacting the company.
Here is the list of the IRA-approved gold coins and bars offered by Goldco:
Gold
Many individuals who invest in gold also choose to add silver to their portfolios for diversification. You can do this with Goldco as they also offer a nice list of IRA-approved silver coins and bars for their investors.
With Goldco, all of your precious metals will ship for free with free transit insurance to you or an IRS-approved depository. You will be able tor rest easy knowing your gold is protected and packaged to arrive safely at its destination.
Pros
Cons
We'd be remiss if we didn't include Augusta Precious Metals on this list! This company, which has been in business since 2012 strives to put their customers first. Their website lists some of their key values and priorities, which include respect, knowledge, commitment, transparency, accessibility, selection, and coordination. Augusta Precious Metals is highly reviewed by past customers, the Better Business Bureau, and the Business Consumer Alliance, making them a trusted name in the gold investment industry.
With Augusta Precious Metals, you'll enjoy a large selection of IRA-approved gold coins and bars, as well as other premium gold and common gold bullion. Their selection includes the following coins:
Common Gold Bullion
Premium Gold
With Augusta Precious Metals, you can either set up a Gold IRA or choose to have the coins you desire shipped directly to you. All orders ship for free, are discreetly packaged, and include free transit insurance.
Pros
Cons
#3. Birch Gold Group
Birch Gold Group is another top choice when you're looking to buy physical gold. They have been in business since 2003, and with their nearly 20 years of experiences have become a highly-respected name in the industry. Birch Gold Group has earned top ratings from the Better Business Bureau, Business Consumer Alliance, and past customers.
They work hard to help each customer set and achieve financial goals for their future. They put a strong value of educating each customer to give them the tools they need to make the best decisions for themselves. You can read more about the different standards that they outline on their website. These include: customer empowerment, education, efficiency, ethics, empathy, and transparency.
Birch Gold Group offers IRA-approved gold coins and bars that you can add to a new Precious Metals IRA or purchase as a personal investment. You'll also find a few additional gold coins that are available for purchase. Below are the various gold pieces available through Birch Gold Group:
IRA-Approved Gold
Additional Gold Coins
If you'd like to learn more about investing in gold, visit the 'Education' section of Birch Gold Group's website. It includes a plethora of information to assist you on your journey to build wealth through purchasing gold coins and bars.
Pros
Cons
#4. Noble Gold
Next up on our list is Noble Gold. With over 20 years of experience in the gold investment industry, you can expect top-notch customer service and support when you choose to work with Noble Gold. They are a member of the Royal Canadian Mint, Business Consumer Alliance, and TrustLink. They also have forged connections with multiple precious metals suppliers, which means they're able to offer very competitive pricing on gold.
Noble Gold can help you purchase physical gold for a personal investment or add gold to a Gold IRA. Their team can help you evaluate which option is best for your specific needs and situation. Or, you may even decide to set up a Gold IRA and purchase a few coins or bars to hold in your home to prepare for an emergency.
The IRA-approved gold coins and bars offered by Noble Gold include:
IRA-Approved Gold Coins & Bars
Another way you can invest in physical gold with Noble Gold is to purchase one of their Royal Survival Packs. Each of these packs include a mix of gold and other precious metals (silver, platinum, and palladium) and are designed to help investors save for expensive events or prepare for a financial emergency.
The eight available packs include:
Pros
Cons
#5. Regal Assets (NO LONGER RECOMMENDED)
Rounding out our list is Regal Assets. They have earned a stellar reputation in the gold investment industry and have even been ranked #20 on the INC 500's financial Services category. Individuals who have worked with Regal Assets in the past have also expressed how pleased they were with the attention, service, and support they received from Regal Assets.
Regal Assets offers numerous gold coins and bars that can be purchased for a personal investment or added to a Precious Metals IRA. The various pieces you can choose from include:
With Regal Assets, you'll also enjoy a few other ways to invest that aren't offered by many other companies. They offer a special type of IRA called a Regal IRA. In this IRA, you can hold a mix of gold (and other precious metals) with cryptocurrencies. The cryptocurrencies you can add to this IRA type include:
Another feature that sets Regal Assets apart from many other companies that sell gold and other precious metals are their special investment packs. These investment packs include a mix of gold, silver, and cryptocurrencies and are designed to help individuals save for large expenses and prepare for financial emergencies. There are six different packs to choose from:
Pros
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Key Considerations
Since there are so many different companies that sell physical gold, you should take some time to compare the various options in front of you to make the best possible decision. This way, you won't experience buyer's remorse or end up working with a company that isn't the right fit for you. Read through the next few sections to help you identify a few different comparison points to consider as you learn more about each of the different gold dealers.
💼 Experience
Gold coins and bars are certainly not cheap, and you don't want to give your money to just anyone. Before making any purchases, stop to learn a little more about the company's experience and reputation.
Look for how many years they have been in business, and make sure they don't appear to be a fly-by-night company. Also, take some time to ready through reviews from past customers and take not of any concerning patterns. Finally, look up to confirm that the company has earned an A+ rating from the Better Business Bureau and a Triple A rating from the Business Consumer Alliance, since these ratings should give you peace of mind that you're choosing a legitimate company to do business with.
📞 Customer Service
Next, read up on the support and service that each company offers. You want to make sure that you'll be able to reach out to someone if you need assistance selecting which gold coins or bars you'd like to purchase. Additionally, if you're looking to set up a Gold IRA, you'll definitely want to take advantage of available support to make sure you don't face any fees or penalties from the IRS.
📋 Selection of Gold Coins and Bars
Last, but certainly not least, look for a gold investment company that offers a good selection of gold coins and bars. You want to make sure you'll be able to purchase any specific coins or bars you're interested in, so check the inventory of each company if there is a particular coin you'd like to purchase.
Having a nice selection of coins and bars to choose from will allow you to add greater variety to your portfolio, which can be beneficial when you're ready to sell your gold in the future.
Choosing one company as our top choice for the best place to buy physical gold was not easy. All five of the companies we reviewed offer excellent customer service, a nice selection of gold coins and bars, and a stellar reputation in the gold investment industry. However, if we had to pick just one company, we'd have to go with: Goldco.
We think you'll receive top-notch service and support from Goldco whether you're looking to set up a new Gold IRA or simply looking to purchase a few gold coins. The team at Goldco is very helpful and experienced and will be able to provide answers to any of the questions you may have about purchasing gold coins or bars.
So, which of the gold dealers that we reviewed is your top choice? What stood out to you about this company? Why not visit their website today to purchase the gold coins and bars you've been eyeing?
Frequently Asked Questions
Is buying gold online safe?
Buying gold online should be perfectly safe. However, as with any major purchases, you need to do some research first and look for a reputable company. Check out the number of years a company has been in business and read through reviews from recent customers to make sure nothing stands out as a concern for you.
Many online gold dealers will offer free transit insurance and free shipping when you purchase for them. Finding a company that offers these benefits can help you gain more confidence that the order you place will arrive safely to you.
Is gold cheaper when you buy it online?
The price of gold may or may not end up being cheaper if you purchase it online. However, you can more easily compare prices between different dealers that you'd be able to do by driving or calling around to different shops in your area.
Sometimes, online gold prices do end up being less expensive than they are in-person since there may be higher premiums placed on gold coins or bars by local shops. The dealers will also need to make sure they're making enough profit to cover the cost of running an in-person business, which isn't the case for online dealers.
Should I buy gold in-person or online?
There are a few pros and cons associated with buying gold in-person or online. When you purchase gold from a local shop, you'll typically be able to walk away with the physical gold in your hands, rather than having to wait for it to ship to you. Some people prefer buying gold in a local shop since you're able to see the gold bars and coins in person, rather than simply looking at images of them online.
However, there are also advantages to purchasing gold online. First, you can skip over the pressure you may feel when you're standing in a shop to make a purchase. When you shop online, you can shop on your own time, and you won't feel pressured to quickly make a purchase.
In many cases, shopping online can offer greater privacy than shopping in a local shop. You don't need to worry about others in your area seeing you make such a large purchase and knowing that you're holding gold in your home.