Goldmart (www.goldmart.com) is an online dealer of gold, silver, platinum, and palladium bars and coins. They advertise that they offer “everything you would expect at a local coin shop at prices that are 3%-4% cheaper.” The company is based in Carson City, Nevada and was originally founded in 2009 as Legacy Precious Metals, Inc. They've had an open file with the BBB since 2011.
About the Management
The President and Founder of Goldmart.com is former professional NBA basketball player Nicholas VanderLaan. In 2009 he founded Legacy Precious Metals, Inc., which began specializing in dealer-to-dealer sales of precious metals. In 2011 he took the business to consumers via the internet by launching Goldmart.com. Curtis Randolph is listed as the Customer Contact and Website Systems Manager.
Goldmart Ratings and Complaints
Here are some of the most important reviews and ratings from around the web regarding Goldmart.com:
Goldmart.com offers a full range of gold, silver, platinum, and palladium bars and coins at prices that are based on the live spot price. They have a top 50 bestseller's list showing which of their products are the most popular. At the moment the 1 oz American Gold Eagle tops the list and is being sold at the price of $1,242.74 (Late September, 2014). For customers looking to purchase metals for their IRAs, Goldmart.com provides instructions on how to setup an IRA and instructs visitors to choose from one of 4 IRA custodians – New Direction IRA, Sterling Trust Company, GoldStar Trust Company, and Self-Directed IRA Services (each of these custodians charge their own annual storage and admin fees).
Here are some of the most important pages on Goldmart.com in relation to gold IRA's:
There are lots of highly reputable precious metals dealers and IRA custodians to choose from out there, and with so many factors to consider it can be difficult to get a clear picture of which one offers the right products and services, at the right price for your budget and investment needs. Most importantly, you should be looking to deal with a company that does not charge a sliding scale storage/admin fee. For more info, see our comparison of the top 70 precious metals companies of 2014.
We welcome our readers to contact us in regard to any mistakes or outdated information presented within our reviews. Likewise, if you're an owner or representative of Goldmart.com and you'd like us to amend any inaccurate or misleading information, please feel free to contact us and express your concerns.