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About Colorado Gold

Colorado Gold was founded by Don Stott in 1977 as a family-owned business. While Don retired in 2015, the company remains a family-owned business with Melissa, Morgen, and David, Don's children, currently running things. Melissa, Morgen, and David are committed to holding themselves and the company to the same standards that their father did for so many years, which has helped the company to earn an A+ rating from the Better Business Bureau.

Since Melissa, Morgen, and David are spread out around the country, they're able to offer more extended office hours than you may find with some other gold investment companies.

Colorado Gold does not believe in offering rare coins to their customers. They seem them as something that is collectible, but not the best investment. Since their goal is to help their customers make smart investment decisions that will benefit them financially, they only offer gold, silver, platinum, and palladium bullion bars and coins.

Precious Metals

Below, you'll find a few of the bullion bars and coins you can purchase with Colorado Gold.

Gold

Coins

Bars

Silver

Coins

Bars

Platinum

Coins

Bars

Special Deals

If you love getting a great deal and saving money, you should visit the "Our Specials" section on the Colorado Gold website. On this page, you'll find different coins and bars available at special prices. The selection changes based on inventory, so be sure to check back regularly.

How to Purchase Precious Metals from Colorado Gold

If you're interested in purchasing precious metals from Colorado Gold, the process is relatively simple. The first thing you'll need to do is fill out and submit the client agreement.

The client agreement is found on the website, and only takes a few minutes to complete. You just need to enter your name, address, and email address and agree to the terms and conditions of the agreement. These terms include:

After completing the client agreement, finalize the pieces and quantities you would like to order and call the company. After placing your order, Colorado Gold will provide you with a trade number and verify the amount that you need to send.

You will need to submit your payment in the form of a wire transfer, personal check, or cashier's check. VENMO is also an acceptable form of payment for some smaller orders. All checks, including cashiers' checks, will take seven days to clear to avoid fraud.

Once your payment has cleared, Colorado Gold will prepare your order for shipment. Most orders are shipped with UPS, but you may also request that your order be shipped with USPS. Colorado Gold also insures each shipment to protect your precious metals from loss or theft when they're on the way to you.

Colorado Gold purchases their precious metals through A-Mark Precious Metals and charges a 1% commission fee for any orders under $50,000. Orders over $50,000 are charged a 0.75% commission fee, and orders over $100,000 are charged a 0.5% fee.

How to Sell Precious Metals to Colorado Gold

In addition to selling precious metals, Colorado Gold will also purchase some precious metals. If you are interested in selling any gold, silver, platinum or palladium bullion bars or coins to the company, you will also need to complete the client agreement first.

Then, you can contact the company and receive a quote for your items. You'll receive a price that will be locked in, and then you can prepare your metals to ship to the company. If you did not purchase the precious metals you are selling from Colorado Gold, you will be charged a 1% fee.

You can find current pricing information for the coins and bars that Colorado Gold will purchase on the website.

Precious Metals IRAs

If you would like to invest in precious metals and hold them in an IRA, Colorado Gold will be able to help. They work with different IRA custodian who can help you fund your account and rollover an existing retirement account. If you are interested in setting up a Precious Metals IRA, you will first need to contact a custodian company to get the account established.

Once the account is set up and money is available, the team at Colorado Gold can help you purchase the precious metals you would like to hold in your account. Colorado Gold will then take care of shipping your order to an IRA-approved depository where your metals will be held until you are ready to retire.

Are There Any Red Flags for Colorado Gold?

One of the biggest questions customers have before giving their money to a company is whether there are any red flags for the company. And, rightly so. You don't want to invest your hard-earned money in precious metals only to not receive high quality products and exception customer service. And, you definitely don't want to get completely scammed out of your money by making the wrong choice.

So, are there any red flags for Colorado Gold. We always like to turn to reviews from past customer to learn more about a company. We look at the websites for the Better Business Bureau, Business Consumer Alliance, TrustLink, and Trustpilot to see what other customers had to say. We were only able to find reviews listed on the Better Business Bureau's website; the other sites did not have any ratings listed.

Not having ratings isn't necessarily a red flag, but it isn't ideal either. You really can't learn about the experience other customers had with a company if there are no reviews sharing their experience.

Going with a company that doesn't have many ratings it's just taking more of a gamble; it could work out to your favor by finding a hidden gem, or you may end up regretting the decision based on the products or services you receive.

Is Colorado Gold a Scam?

Colorado Gold has been in business since 1977. It would be very unlikely for a scam company to stay in business this long. The company also has an A+ rating from the Better Business Bureau, which you wouldn't expect to see if they were not a legitimate company.

With that said, do you want to work with Colorado Gold? We'd say probably not. There are a few things that make us question whether Colorado Gold is really the best gold investment company out there.

First, we could not find any reviews for the company from the Business Consumer Alliance, TrustLink, or Trustpilot. As we shared above, this doesn't necessarily mean that they are not a good company to work for, but there also isn't evidence indicating that they are a wonderful company. You'd be taking a gamble purchasing precious metals from Colorado Gold, and we really aren't sure this is a gamble worth taking when you're talking about investing large sums of money.

Colorado Gold also isn't an IRA custodian company. They recommend four different custodian companies you can use to set up a Precious Metals IRA and add precious metals through Colorado Gold, but since every company has different fees, this can make it more challenging to assess what you'll actually have to pay. It may be easier and require less research to choose a company that offers their own IRA services and is transparent about the fees they charge.

Colorado Gold's selection of precious metals also doesn't appear to be as extensive as what some other companies offer. They have a decent selection, but there are certainly other companies with a much wider selection of coins and bars for you to add to your portfolio.

Features

Final Verdict

All-in-all, we would not recommend using Colorado Gold to invest in precious metals. Due to the lack of reviews from past customers, we don't feel confident enough in the products or services they provide to recommend the company. Colorado Gold also isn't an IRA custodian company, so you may have more difficulty determining the exact fees you'll be charged for setting up and managing a Precious Metals IRA. We think you'd be better off choosing a different precious metals investment company that has more reviews. This way, you'll be able to feel more confident in the company you're trusting with your money.

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