USAGOLD Review 2024 | Fees, Complaints & More

If you are looking for a reliable company for your investment in silver and gold, USAGOLD could be a good choice. Read on to find out more about USAGOLD.

What is USAGOLD?

Established in 1973, USAGOLD is a reputable family-owned business located in Denver, Colorado. The company was founded by author and prominent gold expert, Michael J. Kosares, and is a renowned name in the gold and silver investments industry. USAGOLD is suitable for precious metals investors looking for higher reliability and a client-based approach.

USAGOLD offers a selection of inventories that consists of bullion bars and coins of gold and silver, as well as historical American and fractional gold coins. Palladium and platinum products are currently not part of their collection.

Before we continue...

We have worked very hard to review, research and reveal the most important pieces of information that investors need to know before investing their money. We have been able to narrow a list down to the top 5 gold IRA companies.

I recommend you check the list before proceeding with any IRA transfer.

Quick answer: Augusta Precious Metals is our #1 recommendation for multiple reasons, including their
A+ BBB rating, thousands of top rankings, and Money magazine’s selection of them as “Best Gold IRA Company.” PLUS, they will pay all custodial and storage fees for up to 10 years!

USAGOLD Complaints

USAGOLD is one of the most respected companies for precious metals investment. Some of their clients have been with them since their inception almost 50 years ago.

Their company website provides top-notch educational resources to help clients learn about the economic or political events affecting the precious metals market. The website has over 200,000 visitors from across the globe a month.

This family-owned business has an A+ rating from the Better Business Bureau (BBB), five-star reviews from clients, and zero complaints to date. There are currently no ratings or reviews about the company on BCA, YellowPages, and TrustPilot.

What services does USAGOLD offer?

The company specializes in providing clients a range of investment options, which consists of IRA-eligible coins and bars of gold or silver. They also offer historical and other collectibles for traders. The company’s catalog showcases many famous coins which are IRA-eligible and offers these for investment.

USAGOLD also offers a secured storage facility service to clients. It has entered into a partnership with the world-famous brand, Delaware Depository, which has services spread across California, Wilmington, and Delaware. These depositories are protected by Lloyd, another outstanding insurance company.

Delaware Depository offers storage facilities for both segregated and non-segregated options. These facilities can also be accessed internationally with options available in Switzerland, Canada, Zurich, and Toronto.

The company is committed to fulfilling the personalized requirements of its clients. Investors will always find someone from their help desk to address their queries and assist in the investment procedure.

Clients are updated with the company’s monthly newsletters. The website also has a Gold Section where investors can access the latest news on political and economic developments that impact gold. This section helps educate investors about market conditions and viable investment opportunities.

What does USAGOLD offers that its competitors don’t?

USAGOLD investors get multiple benefits while investing, which makes the company a better option.

There is always someone from the help desk to address queries and assist during the entire investment process. USAGOLD is ideal for clients seeking a reliable and professional company that meets their individual requirements.

The company educates clients about everything related to gold or silver investment. Clients can access updated daily market reports and the latest news on precious metals from the Gold News section of the USAGOLD website along with a free monthly newsletter.

USAGOLD brokers are experienced holders with over 20 years of industry experience. They work cordially with clients in carrying out investment procedures smoothly.

Fees 

While USAGOLD claims to offer competitive pricing on precious metals investment, they do not provide details of their pricing structure on their website. Potential investors need to contact the help desk to get details of the company’s fees.

Can I trust USAGOLD?

The company has been in the industry for almost 50 years. To date, there are no negative reviews about the company being a scam. It offers top-notch services and educates clients about the current market condition of gold.

Their storage facility is completely safe and insured. There have been no complaints against the company to date, with several five-star ratings from clients as per reports available on BBB, which has assigned it an A+ rating.

If you are thinking about investing in USAGOLD, you can be assured of the safety of your capital. But before making any investments, you should always consider other aspects like the prevailing rates of precious metals, the sign-up procedure, fees charged, policies, among others, to help you make an informed decision.

Pros & Cons

Pros

  • Storage facilities with security and insurance.
  • BBB rating of A+
  • Excellent client support and management services by meeting the individualized requirements of investors
  • Huge range of investment options to choose from along with IRA-eligible coins
  • Variable annual costs depending on the type of investment

Cons

  • No options for investment in platinum and palladium items.
  • No information on the prices charged for its services

FAQs

What are the storage facilities provided by USAGOLD?

The company offers a secured storage facility to clients. USAGOLD has entered into a partnership with the world-famous Delaware Depository, which also provides its storage services internationally. The facilities provide both segregated and non-segregated storage. The firm also offers insurance on deposits.

How to select the right precious metals for investing in USAGOLD?

USAGOLD offers investment options on both silver and gold. It also offers other collectibles and historical products for investment. Investors are assigned a broker with more than two decades of experience. Customer and management services are available to help investors whenever required.

Is USAGOLD legit?

USAGOLD has zero complaints with five-star ratings from many clients across the globe. It has been serving clients for almost half a century with no single complaint for being a fraud or scam. It has been given an A+ rating by BBB which establishes the reliability and security of its services.

About the author Greg Lorenzo

Greg is a financial expert who has been advising his audience on loans for over 10 years. He has a wealth of knowledge and experience in the area, and he is passionate about helping people get the best possible deal on their loans. Greg is an expert in negotiating loans, and he has a proven track record of getting his clients the best possible terms. He is also a strong advocate for financial literacy, and he regularly gives workshops and seminars on the topic.

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