Monetary Gold (www.monetarygold.com) focuses on providing clients with gold and silver products that can be held in Precious Metals IRAs, or added to portfolios. The company is located in Woodland Hills, California, and was founded in 2000. Moreover, this precious metals firm also provides client assistance with opening a self-directed IRA.
The company’s catalog has options of gold and silver IRA-eligible bullion coins, certified-graded coins, and semi-numismatic coins depending on the preference of the clientele. At present, it does not provide any options for platinum or palladium. For retirement savers, the company does offer some of the most popular IRA-approved coins.
In addition, Monetary Gold is committed to informing and educating clients about investing in precious metals. It has several free information kits available, including a “Coin Guide” and a “Gold IRA Investment Guide”. Likewise, there is a Market News and a Resources section, respectively, on the website providing clients with a myriad of information pertaining to investing in precious metals, up-to-date metals prices, video, and media, amongst other things.
Unfortunately, Monetary Gold provides no information about its leadership team. Likewise, the firm’s LinkedIn page has no details regarding who runs the company.
Custodial services are provided by renowned GoldStar Trust Company.
Storage of precious metals purchased through Monetary Gold is housed in the Delaware Depository. This facility offers both segregated or non-segregated storage options and is fully insured through Lloyd’s of London – one of the oldest insurance companies on Earth. For those who choose, Delaware Depository also has international storage options, with facilities using the sub-custody services of Bank of Nova Scotia in Toronto, ON, Canada, and Via MAT International located in Zurich, Switzerland.
The Monetary Gold catalog of investment products consists of gold and silver IRA-approved coins, certified-graded coins, and semi-numismatic coins. For those interested in holding these two precious metals in a self-directed IRA, the company offers some of the popular gold and silver coins. For gold options, clients can choose from the Gold Canadian Maple Leaf, the American Gold Eagle, the Gold Austrian Philharmonic, the Gold South African Krugerrand, and the American Gold Buffalo. For those interested in silver products, there is the Canadian Silver Maple Leaf and the American Silver Eagle.
Currently, Monetary Gold has no palladium or platinum products available for investment. However, the website does indicate that both of these metals will be “coming soon”.
View more Monetary Gold products here.
|Scaled or Flat Fees?||Flat Fees|
|Partnered Storage Vault||Delaware Depository|
|Partnered Custodian||GoldStar Trust Company|
|Metals Available||Gold and Silver|
|Years in Business||21 years (2000)|
BBB Rating: A+ (Details)
BBB Complaints: 1 complaint closed in last 3 years (Details)
BCA Rating: A (Details)
BCA Complaints: 0 complaints closed in last 3 years (Details)
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TrustLink: Profile (Details)
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It is essential to carefully consider the different precious metals companies available, prior to making any purchases as part of your IRA investment strategy. In addition to its overall reputation, be mindful of a company’s bullion prices, policies, practices, and most importantly, storage fees for precious metals.
Monetary Gold was established in 2000, and is based in Woodland Hills, California. This precious metals dealer focuses on providing its customers with IRA-approved gold and silver bullion coins. For investors and collectors, there are certified-graded coins and semi-numismatic coins available for purchase. Custodial services are provided by GoldStar Trust Company, and storage is provided by the Delaware Depository. Unfortunately, Monetary Gold does not offer any platinum or palladium products. Likewise, there is no transparency regarding the management team of Monetary Gold.
Phone: (888) 411-4653