About the Management
Not much information is given about the management of Panda America on their website, and their Better Business Bureau profile surprisingly doesn't list anyone as the Principal Contact, Founder, or CEO. However, we were able to find an in-depth interview with the Founder, Marty Weiss, on Panda America's website.
Panda America Ratings and Complaints
Below we've gathered ratings and reviews on Panda America from the most popular directories and ratings bureaus online:
- BBB Rating: No Rating (Details)
- BBB Complaints: 0 complaints in the last 3 years (Details)
- BCA Rating: AAA (Details)
- BCA Complaints: 0 complains in the last 3 years (Details)
- CitySearch: Not Rated (Details)
- Google+: Not Rated
- Ripoff Report: 1 Report Found (Details)
- SiteJabber: Not Rated (Details)
- Trustlink: Not Rated (Details)
- Yellow Pages: Not Rated (Details)
- Yelp: (3.5 / 5) based on 6 reviews (Details)
Panda America has a fairly balanced online reputation, leaning more towards the positive side of the spectrum. With a AAA rating from the Business Consumer Alliance and an A+ with the Better Business Bureau, this company has upheld a relatively complaint-free reputation during its 2+ decades in business, earning it a spot on our list of the top 70 Gold IRA companies.
Panda America Prices and Products
Panda America offers a broad selection of coins from around the world. Their coin catalog can be browsed based on Country or Subcategory. Some of their topsellers include China Gold Pandas, American Gold Eagles, American Gold Buffaloes, and Canadian Maple Leafs, all of which are eligible to be deposited into an IRA. In addition to coins and collectibles, Panda America also offers coin jewelry – you get to choose what kind of coin you want to serve as the centerpiece and then choose a bezel design to create a custom pendant. There are very few mentions of IRAs on Panda America's website, so it appears that they do not assist customers in setting up precious metals IRAs. Thus, the annual cost of storing precious metals purchased from Panda America within an IRA would depend on the IRA custodian you choose.
Panda America Contact Details
- Address: 19675 Mariner Avenue, Torrance, California, 90503-1647
- Phone: 1-800-4-PANDAS (1-800-472-6327)
- Local Phone: 310-373-9647
- Fax: 310-378-6024
- Email: [email protected]
- Website: www.pandaamerica.com
Panda America Key Pages From Website
The following are some of the most important pages on Panda America's website in regard to Gold IRAs:
- How to Buy – explains the process of purchasing precious metals from Panda America.
- Coin Catalog – Showcases Panda America's selection of more than 2,500 coins. Keep in mind that only some of these coins are actually eligible to be deposited into an IRA.
- Shipping and Handling – Explains the shipping and handling pricing policies associated with the delivery of precious metals from Panda America to customers within the United States.
Always Review the Competition Before You Buy
History has proven that when the economy and the dollar are on the decline, investors tend to purchase an increased amount of precious metals to protect the value of their savings. When this happens, the demand for precious metals increases, and with the higher demand comes a higher price. In basic terms, when inflation and economic turmoil are at their worst, gold and other precious metals are at their best.
If you're following the advice of many financial experts, you're probably looking to dedicate about 5%-20% of your retirement portfolio to precious metals like gold and silver. Ironically, that small portion of your portfolio could wind up being the most important if the economy continues on its current course and/or heads into another recession or global financial crisis.
Purchasing precious metals for an IRA without conducting extensive research beforehand is a serious mistake that is often made by novice and/or overzealous investors. Choosing the right Gold IRA company and custodian should involve considering all available options to find the most reputable and cost-effective solution.
Fortunately, we've made it easy to compare the leading precious metals dealers and IRA custodians in our top companies comparison chart and top custodian comparison chart.
Contact Us if You Own or Represent Panda America
If you own or represent Panda America and you've noticed any information within this review that is inaccurate or outdated, please do contact us with your concerns. We strive to provide the most accurate and useful company reviews for our readers on an ongoing basis, and we're willing to comply with any revision requests that are in line with that goal.
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Panda America Review Summary
Panda America Corporation was established in 1982 with the purpose of becoming the official U.S. distributor of the China Gold Panda. The company quickly expanded along with the commercial growth of their flagship Gold Panda coin, which investors have long since purchased as both an investment and collectible. China Gold pandas are eligible to be deposited into an IRA. Panda America Corporation is currently headquartered in Torrance, California.