In this unpredictable economy, it is only practical that you consider a profitable means of growing your wealth and retirement savings for a more comfortable life in the future. Read along this GoldDealer.com review and find out if this company is just what you need for wealth expansion and protection.
Who is GoldDealer.com?
GoldDealer.com formally known as California Numismatic Investments (CNI) specializes in gold IRA investments. They cater to individuals who are looking to add precious metals such as gold and silver into their IRA.
The company was established in 1982 and since then it has been offering coins and bullion that are available for purchase at highly competitive rates. Investors can also sell their precious metals at GoldDealer.com at a fair market price.
For more than 30 years now, CNI has dealt with numerous customers interested in IRA investments. They also offer accumulation programs for buying rare and valuable coins. The company also has a strong partnership with storage facilities, which aims to provide a secure holding space for your precious metals.
Lastly, the company is a recognized member of a number of professional organizations in the investment world. These include Professional Numismatic Guild, California Coin and Bullion Merchants Association and the Industry Council for Tangible Assets.
What Does GoldDealer.com Offer?
GoldDealer.com or CNI is a reputable precious metals broker that offers various coins and bullion which can be placed in a self-directed IRA.
However, CNI is not considered a genuine IRA custodian since it does not have its own storage facility. Nevertheless, it is worth noting that the company has a partnership with CMT, which is an independent storage depository.
There are several types of precious metals available for purchase including gold, silver, palladium, rhodium and platinum in bars, coins or bullion. Investors can also find a wide range of IRA-approved metals offered at CNI.
Aside from these products, there are additional services provided by the company to its customers. These include market insight and free appraisals.
Things To Like About GoldDealer.com
1. Fair Pricing
Customers are impressed by the reasonable prices of the products being sold at GoldDealer.com. In fact, there are investors who claim that the pricing structure at this company is better than others, although this was only based on a few reviews.
2. Educational Website
The company’s official website is helpful to those who are just starting out with precious metal investments. There are solid pieces of information about buying gold and silver bullion or collecting rare certified coins. This is beneficial not only to new investors, but for those who are hoping to expand their knowledge in investing.
3. Smooth Transaction
Buying and selling precious metals at GoldDealer.com is fairly easy and hassle-free. All that is needed is to coordinate with the sales staff and they will fill the order out according to what you want. There is also no such thing as tax or paperwork for coins worth more than $1500.
Things NOT To Like About GoldDealer.com
1. Unresponsive Staff
There are several complaints with the unprofessional behavior of the company’s staff according to some customers. Although the staff members are easy to work with during the initial part of the buy and sell process, they are not as responsive once an issue arises among customers. This is one of the reasons why there were many customers who stopped doing business with them.
2. Lack of Transaction Updates
After you buy a product from any IRA company, it is only right that you get updates on the transaction. Unfortunately, GoldDealer.com is not consistent when it comes to providing shipping information, order confirmations and receipt of funds. There are instances when customers feel obliged to call the company a few times to find out the status of their transactions.
GoldDealer.com – IRA Fees
|Initial Setup Fees||$150+|
|Annual Admin Fees||$75 – $295 (Scaled Rate)|
|Annual Storage Fees||$225 (Scaled Rate)|
|Minimum Purchase Amount||Not Disclosed|
|Preferred Depository||CNT Depository|
Rankings, Complaints and Customer Reviews
Better Business Bureau (BBB)
The company has a rating of A+ from the Better Business Bureau. Moreover, there was 1 complaint filed against GoldDealer.com within the last 3 years. The complaint was pertaining to delivery problems, although it has been resolved (read more).
Business Consumer Alliance (BCA)
GoldDealer.com has been a charter member of the Business Consumer Alliance for decades which is evidence of its professionalism. It has also received a rating of AAA from the BCA and surprisingly there were no complaints filed against the company (read more).
|Based on 5 reviews|
GoldDealer.com has a rating of 2.6 stars out of 5 submitted on TrustLink. One of the negative reviews on the company was the poor quality of coins received by a customer. This feedback is unsettling considering customers only want to receive the best value for their money.
There have not been any reports filed at Ripoff Report for GoldDealer.com.
GoldDealer.com Review – Final Thoughts
There were some positive features of GoldDealer.com including the large selection of products, an educational website and reasonable pricing. In addition, they also guide customers who are looking to buy IRA-eligible metals.
However, there are serious issues that several investors have encountered with this company. The staff seems to be rather unprofessional and outright rude, and there is a lack of information on shipping and order confirmation. As for your storage option, you are also limited to just one, which is CMT.
Which Company Do We Recommend?
Ultimately, when looking for a company, it needs to be established and reputable. It’s important to look for a company that receives outstanding feedback from its customers as well as from professional authority websites.
Goldco has received a perfect 5 star score on TrustLink from its customers as well as the top rating from the BBB and BCA authorities. This company proves to be an excellent choice with its most comprehensive gold IRA rollover kit, unique features and customer-centered services.
To learn more about Goldco – click here for a full review.
When investing in precious metals its vital that your assets remain secure so that you can plan accordingly for the future. If you’re interested in learning more about how to get started with gold and silver through an IRA visit Goldco or Call 1-877-589-1223.
- Editor Rating
- Rated 3 stars
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