Gold Alliance Complaints, Lawsuits, Fees, Scam?
Gold Alliance has always stood out in the world of precious metals investment. It provides investors with a safe haven during uncertain economic times.
Gold Alliance stands out as a significant player with an established reputation. We explore the nuances of Gold Alliance in this in-depth review to give you essential information about its products, services, and the reasons it deserves to be researched.
Joseph Sherman founded Gold Alliance, which has become a household name in the precious metals sector, on the tenets of honesty, openness, and trust. With years of experience, the business has regularly provided its clients with excellent services.
Gold Alliance Products and Services
Bullion in gold, silver, and platinum comprise the company’s products, except for the gold IRA, which we’ll discuss separately. Although the item categories are a little strange, navigating is easy because every item is listed under the “Products” category.
We appreciate the variety of products and how the items are arranged, even though there is no price (you must contact them for pricing).
A summary of the products in each of the three categories is provided below:
- Gold American Gold Eagle proof, 1 oz and 1/2 oz, individual and set, and bullion, 1 oz, 1/2 oz, and 1/4 oz
- One-oz American Buffalo
- One-ounce Canadian Maple Leaf
- Philharmonic of Austria, 1 oz.
- One-ounce South African Krugerrand
- Numerous gold coins with wildlife themes from Canada and Australia, including some rarer varieties, are available in different denominations.
- Liberty Gold coin sets
- Gold coin sets from the 20th century’s numismatics
- A variety of additional United States gold coins from the 19th and 20th centuries, some of which are uncommon.
- 1 oz and 10 oz gold bars from unknown mints, though it looks like Credit Suisse is one of them.
Silver
- American Silver Eagle, 1oz
- Canadian Silver Maple Leaf, 1oz
- Corresponding silver versions of Canadian and Australian wildlife-themed coins, various denominations
- America the Beautiful, 5oz
- Silver collectibles, contemporary and 19th and 20th century U.S. mintage, are individually listed in various denominations.
- Different “junk silver” coins are individually listed.
- Silver bullion bars, 10oz and 100oz, unclear mint of issuance
- Silver rounds, Sunshine Mint, 1oz
Platinum
- Canadian Platinum Maple Leaf, 1oz
- Platinum Britannia, 1oz
- Platinum bars from what looks to be Credit Suisse, 1oz.
Gold Alliance Pros and Cons
Advantages
- Free storage of precious metals
- Accounts that meet requirements can get $1,500 in free silver
- Buyback assurance.
- Preferred Trust Company, GoldStar Trust Company, and Equity Trust Company have partnered to give clients a range of options for IRA custodians.
Cons:
- It does not release prices for gold and silver
- Potentially high fees for unique coins
- Precious metals cannot be bought online
Gold Alliance Fees and Pricing
- The IRA minimum purchase is $20,000.
- $50 setup fee for accounts
- Annual upkeep costs range from $75 to $225.
- Segregated storage costs $100 annually, while non-segregated storage costs $150.
- Discounts: 5% off on specific rollovers and accounts
- Purchase minimum outside of an IRA: $10,000
- The account fee and the cost of the metals you need to purchase are the two expenses you must consider when opening a gold or precious metals IRA with Gold Alliance.
- The annual cost of the account is $175. Insurance, storage, online account access, and quarterly financial statements are all included in this price.
- The cost of the metals will change. Gold IRA providers typically make money by charging customers more than gold, silver, platinum, and palladium are currently worth on the open market.
Although Gold Alliance does not disclose the pricing of its metals, comparable organizations suggest that these metals are frequently marked up 17% to 33%.
You can fund your investing account with as little or as much as you can afford, and you can add to it whenever you’d like because there is no minimum commitment.
Aside from the account fee and the cost of the metals, there are no additional hidden service, administrative, or investment costs.
How To Open a Gold Alliance Gold IRA
- Visit Gold Alliance’s free investment kit and gold guide to get started. If you’re considering opening a Gold Alliance retirement account, you can get a free, no-obligation consultation.
- After you’ve chosen, Gold Alliance will designate an Account Executive to help you with the necessary paperwork and other aspects of opening a self-directed IRA.
- This Account Executive will also serve as a point of contact for the custodian and depository to lessen your workload.
- Gold Alliance will also assist you with completing your new account by transferring any employer-sponsored policies, whether active or not.
- The account executive will help you buy precious metals according to your preferences throughout the account.
- You can return the investment metals to the company under what seems to be a no-questions-asked policy.
Gold Alliance Lawsuits, Complaints and Reviews
Gold Alliance has gotten very positive feedback from clients. At the time of this review, Gold Alliance had 158 reviews and a 4.96/5.00 BBB rating.
All grievances reported to the Better Business Bureau were handled promptly.
Gold Alliance Top Competitors and Alternatives
Augusta Precious Metals: This well-known rival focuses on assisting investors in creating individual retirement accounts for precious metals. They are renowned for their educational resources and dedication to client education, and they offer a variety of precious metals, including gold and silver.
Goldco is a well-known participant in the precious metals market that specializes in assisting customers in diversifying their holdings by purchasing physical gold and silver. They are renowned for their friendly staff, clear fee schedule, and services related to Precious Metals IRAs.
Birch Gold Group: As was already noted, Birch Gold Group is a reputable rival that provides IRA services and a range of precious metals products. Their customer-focused approach and educational materials are well-known.
American Hartford Gold Group: This organization assists customers with investments in precious metals to safeguard their wealth. Various gold and silver products are available, and they are renowned for their dedication to customer satisfaction.
Noble Gold Investments: A prominent rival, Noble Gold Investments offers a variety of precious metals, such as gold, silver, platinum, and palladium, along with Precious Metals IRA services. Their investment expertise and personalized service are well known.
Orion Metal Exchange: A precious metals dealer, Orion Metal Exchange provides various investment opportunities, such as gold and silver bars and coins. Their goal is to offer investors competitive pricing and a smooth purchasing process.
Gold Gate Capital: Specialists in gold and silver. They stress the value and security of precious metals while providing a selection of products for novice and seasoned investors.
Why Choose Gold Alliance?
It’s essential to summarize the reasons Gold Alliance is unique in the precious metals sector as we come to the end of our review:
Trust and Reputation: Gold Alliance’s impeccable record of outstanding customer service and satisfaction dates back many years.
Wide Variety of Products: To suit your needs, Gold Alliance provides a broad range of products and services, regardless of your level of experience as an investor.
Professional Advice: The organization’s team of professionals is on hand to offer tailored advice, guaranteeing that you make well-informed investment choices.
Transparency and Security: Gold Alliance prioritizes these areas to provide clients with peace of mind regarding their investments.
Positive Testimonials from Clients: Contented clients frequently compliment Gold Alliance on its commitment and hard work toward their financial success.
Gold Alliance FAQ’s
Here are some frequently asked questions about Gold Alliance:
Gold Alliance assists investors in buying and selling gold and silver. They also provide a range of educational resources and services related to gold-IRAs.
What advantages come with partnering with Gold Alliance?
Customers of Gold Alliance can take advantage of several advantages, such as:
- A large assortment of gold and silver rounds, bars, and coins.
- Affordable costs and minimal fees
- A safe and practical online ordering platform
- A group of competent and experienced salespeople who can assist you in selecting the ideal goods for your requirements.
Is Gold Alliance a trustworthy business?
Gold Alliance is a trustworthy business with a solid history. They have an A+ rating and are accredited by the Better Business Bureau. They also belong to the Industry Council for Tangible Assets and the American Numismatic Association.
What are the most common inquiries regarding Gold Alliance?
The following are a few of the most typical queries concerning Gold Alliance:
How much does a purchase have to cost?
Products made of gold and silver can be purchased for a minimum of $500.
How will my order be paid for?
Your order can be paid with a bank wire transfer, debit card, or credit card.
My order is shipped in what way?
FedEx Priority Overnight shipping is used for all orders and is fully insured.
What’s the deal with returns?
You can return your order for a complete refund within seven days of receiving it.
How can I get in touch with Gold Alliance?
Gold Alliance can be reached via live chat, email, or phone.
The Verdict
If you’re thinking about opening a gold IRA or want to buy and store your precious metals, Gold Alliance can help. They offer a buyback guarantee, affordable yearly fees, and accessible storage.
