Goldline Review (Merit Gold & Silver)

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Last Updated on: 9th May 2023, 11:18 pm

Goldline (Merit)
Goldline (Merit) - byJack Choros, April 1, 2011
3/ 5stars
on
Goldline (Merit)
Review Summary :

Goldline, formerly known (Merit Gold & Silver) is an established and well known player in the precious metals industry. Headquartered in Santa Monica California, Merit boasts an AAA rating from the BCA (Business Consumer Alliance) and claims to have dealt with over a quarter million clients. Goldline (Merit) provides a vast line of products which include gold, silver, platinum & palladium coins and bars.

Pros:

  • Excellent "AAA" rating from Business Consumer Alliance
  • Longstanding leader in the precious metals community
  • Low fees and premiums

Cons:

  • Slow shipping times
  • No BBB rating or accreditation
Quick Facts about Goldline (Merit)
Year Founded:1960
Company Headquarters:Los Angeles, California
Annual Fees:Variable
Supports 401(k)?:No
Supports Roth IRA?:No
Crypto Offered?:No
Assets Offered:Gold, Silver, Palladium, and Platinum
Offers Other Assets?:No
Custodian:Goldstar Trust Company and Equity Trust Company
Current Promotion:N/A
Supports Home Storage?:Yes, for collectible products
International Storage?:Yes
Segregated Storage?:N/A
Preferred Storage Location:Several locations
Preferred Storage Vault:N/A
Reviewed By:Mark T
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Goldline (www.goldline.com) aka Merit Gold & Silver (formerly known as Merit Financial) is an established and well-known player in the precious metals industry. Headquartered in Santa Monica California, Merit boasts an AAA rating from the BCA (Business Consumer Alliance) and claims to have dealt with over a quarter million clients. Merit provides a vast line of products which include gold, silver, platinum & palladium coins and bars.

Due to its BCA and BBB ratings as well as its low amount of complaints, Merit is definitely a solid option for anybody looking to buy precious metals. Make sure you review all the information below before making a decision.

Merit Ratings and Complaints

We have compiled all the ratings of Merit from some of the web's most trusted organizations and bureaus. Here is an overview of the ratings we found:

  • BCA Rating: AA (Details)
  • BCA Complaints: 0 complaints in the last 3 years (Details)
  • RipOff Report: 9 Complaints in the last 3 years (Details)
  • Complaints Board: 3 Complaints in the last 3 years (Details)
  • Yelp: 1.5 out of 5 stars (1.5 / 5) based on 12 reviews (Details)
  • TrustLink: 4.6 out of 5 stars (4.6 / 5) based on 676 reviews (Details)
  • Yellow Pages: Not Rated (Details)
  • CitySearch: Not Rated (Details)

According to the BCA, the majority of Merit's complaints have been handled properly (c.f. leading to a full refund to the client, or an adjustment to the account). However, at least 17 of those complaints ended up with neither an adjustment nor a refund to the client. Also, 1 client has filed a complaint with Ripoff Report claiming that he waited 123 days for delivery of his metals. Lastly, the company has a 2 star rating on Yelp due to a complaint by a customer who bought silver and couldn't get his order fulfilled.

Merit Contact Details

  • Address: 2001 Wilshire Blvd, Suite 320 Santa Monica, CA 90403
  • Phone: (800) 515-5019
  • Website: http://www.meritgold.com
  • Opening Hours: Monday-Friday: 7AM – 7PM. Saturday: 9AM – 3PM.

Review All Gold IRA Companies Before You Buy

As with buying a car or a home, we highly recommend reviewing all companies before choosing your Precious Metals IRA partner. We have compiled a detailed list of the top 10 gold IRA firms this year. Our ratings will hopefully help you make an informed decision. We based our rankings on multiple factors, including customer feedback, ratings from trustworthy 3rd party organizations and amount of complaints filed. (View our full reviews here)

Do you Own/Represent Merit?

If you represent Merit and would like to get in touch with our reviewers in order to adjust one of your ratings, use our secure contact form.

Goldline (Merit)
Goldline (Merit) - byJack Choros, April 1, 2011
3/ 5stars
on
Goldline (Merit)
Review Summary :

Goldline, formerly known (Merit Gold & Silver) is an established and well known player in the precious metals industry. Headquartered in Santa Monica California, Merit boasts an AAA rating from the BCA (Business Consumer Alliance) and claims to have dealt with over a quarter million clients. Goldline (Merit) provides a vast line of products which include gold, silver, platinum & palladium coins and bars.

Have you purchased products from Goldline (Merit)? Leave a review!

Leave your rating

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Leave a rating:

Jack Choros
Jack Choros

Jack Choros is a content writer with a passion for content marketing, finance, and technology. He has extensive experience working for tech startups in the blockchain technology, cryptocurrency, and Web3 space.

Articles: 56

FTC Disclosure: We are an independent blog that aims at providing useful information for retirement account owners interested in alternative assets like precious metals. However, our content does NOT constitute financial advice. Please speak to your financial advisor before making any investment decision. Also, the data quoted on this website represents past performance and does not guarantee future results.

 

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