Welcome to my Goldco vs Birch Gold Group comparison - two bullish gold IRA investing companies, but, which one is better? Let's begin!
The first time I invested in a particular Gold IRA company, I shelled out my money so fast out of pure resentment from our American government overprinting money. Just like anyone with a straight head on their shoulders, I thought about the consequences. One word: inflation. Here's the truth, though. I was an amateur investor at the time and didn't know a reputable company from a scam. I did not compare, contrast or research what the better Gold IRA company was. I didn't know about Goldco, nor Birch Gold Group.
The US government printing trillions of new money is incredulous, no doubt. However, if you choose to look for opportunity, gold IRA investing is staring you down.
What I did have going for me was courage (in investing language - a pair of balls). It got me investing at an early age, throwing my money around like it was nothing, working for more in case I lost it (I'm a blue-collard guy at heart), knowing that it was going right back into some kind of Gold IRA investment, because I had a passion for it. I learned from some of the best and I developed secure relationships built on pure trust and proven results.
It was a rocky road for a while, but in the end I did find two precious metals and Gold IRA companies that separated themselves from the pack. In this article, I'm going to reveal the secrets that everyone should know about Goldco vs Birch Gold Group before investing in either of these Gold IRA companies.
What's The Better Gold IRA Investment Company? Goldco vs. Birch Gold Group
It's not easy getting this far in narrowing your investment decision down to two of the top Gold IRA investment companies. As we both know, it takes a lot of energy, research and trust to actually go through a big transaction. But, we're here and that's the exciting part.
Below, you'll see Invest vs Gold IRA's rankings on Goldco and Birch Gold Group. The rating system is created by myself, Carson Ash, after years of consulting and investing in Precocious Metals and Gold IRA companies.
From my experience, you really can't go wrong with either choice, but there are some key differences that you'll need to know before you choose one Gold IRA company over the other. So, you'll also see a table comparison chart below the rankings, outlining the key differences between the two.
Everyone has a unique situation for investing in precious metals. For example, someone may want to go with the better company that is known for a 401k rollover, whereas another wants to invest in silver coins or gold bars. Goldco and Birch Gold Group are great at what they do.
Birch Gold Group ($10,000 Minimum Investment)
An excellent choice as well and a very close contender with Goldco. There have been many readers on our blog turned successful investors after going with Birch Gold Group.
GoldCo ($25,000 Minimum Investment)
The most popular and trusted Gold IRA investment company amongst students and readers of Invest vs Gold IRA.
VS | Goldco Precious Metals (Goldco) | Birch Gold Group |
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Minimum Investment for non-IRA transactions: | $3,500 | $5,000 |
Minimum Investment for IRAs: | $25,000 | $10,000 |
Chuck Norris Endorsed? |
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Year of Establishment: | 2006 | 2003 |
Headquarters: | Woodland Hills, California | Burbank, California |
Gold and Silver Rollovers: |
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Approved Gold and Silver Coins: |
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401k's |
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Investment Resources |
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Overview of Goldco: Why It Could Be The Better Choice!
Based in Woodland Hills, California, Goldco Direct, alias Goldco Precious Metals, is a top -time precious metal services provider founded by Trevor Gerszt in 2006. The full-time precious metal dealer aims to help investors to grow, secure, and diversify retirement revenue and assets through precious metal investments.
Goldco specializes in offering a range of precious metal investment services such as sales and purchases. They also offer stellar precious metal IRA services including IRA opening, funding, and rollover.
Let’s take a deeper look at Goldco:
Name: | Goldco Precious Metals (Goldco) |
Website: | |
Founder: | Trevor Gerszt |
Year Established: | 2006 |
Account minimum: | $25,000 |
Average Rating: | 4.8/5 |
Carson's Rating: | 4.9/5 |
Other vs: | |
Full Review: | |
Free IRA Kit: |
Goldco Products
Goldco is a full-time precious metals and gold IRA firm with a full-house precious metals investment kit that includes precious metal IRA, no-IRA precious metal marketplace, and SDIRA.
Gold and silver (plus other) products offered by goldco precious metals.
Goldco Precious Metals IRAs
precious metals IRA = retirement, and retirement is a sweet life and you can enjoy it with friends!
The Goldco precious metal IRA package enables investors to set up, fund, and benefit from gold and silver IRA packages such as asset and wealth diversification, improved tax rates and terms, and protection from financial meltdown of volatile assets such as bonds and stocks.
Further, a Goldco precious metal IRA protects financial assets from potential cyber attacks and shields investors against the teetering instability of world currencies.
Currently, the Goldco precious metals IRA packages allow you to invest and trade in gold and silver coins and bars.
Goldco Self-Directed IRA (SDIRA)
Be in control of your retirement portfolio, and goldco allows you to do just that with their SDIRA.
You can also secure and diversify your retirement’s financial standing via the Goldco Self Directed Individual Retirement Account (SDIRA) package. This offer allows you to diversify retirement wealth via alternate assets such as private equity and real estate.
Although not an SDIRA custodian themselves, Goldco partners with reliable IRA custodian firms to offer customers legal, secure, and genuine asset storage and protection. Their preferred IRA custodian is the Equity Trust Company.
Goldco non-IRA Precious Metals Marketplace
Besides offering gold and silver IRA and SDIRA services, Goldco also has a marketplace for investors to purchase and sell non-IRA precious metals. Mostly, this trade is a sweet spot for private precious metal investors and collectors.
Once you purchase a precious metal in this marketplace, you can either store it in a secure vault or ask Goldco to ship it straight to a pre-ordained address. Either way, these assets become part of a private collection, thus don’t contribute to your Goldco IRA.
At Goldco, you can trade in a giant selection of Goldco gold coins including:
- Gold American Bald Eagle Coin
- Gold Australian Saltwater Crocodile Coin
- Gold American Eagle Coin
- Gold American Eagle Proof
- Gold Buffalo Coin
- Gold Lucky Dragon Coin
- Gold Maple Leaf Coin
- Royal Mint Gold Lunar Series: 2016-Year of the Monkey Coin
- Royal Mint Gold Lunar Series: 2017-Year of the Rooster Coin
- Royal Mint Gold Lunar Series: 2018-Year of the Dog Coin
- Royal Mint Gold Lunar Series: 2019-Year of the Pig Coin
- Perth Mini and PAMP Suisse Gold bars in 1 oz, 5 oz, 10 oz, and 100 oz alongside other sizes
Additionally, Goldco allows investors to trade these Silver Coins:
- Royal Mint Silver Britannia Lunar Series: 2015-Year of the Ram Coin
- Royal Mint Silver Britannia Lunar Series: 2016-Year of the Monkey Coin
- Royal Mint Silver Britannia Lunar Series: 2017-Year of the Rooster Coin
- Royal Mint Silver Britannia Lunar Series: 2018-Year of the Dog Coin
- Royal Mint Silver Britannia Lunar Series: 2019-Year of the Pig Coin
- Silver American Bald Eagle Coin
- Silver American Eagle Coin
- Silver American Eagle Proof Coin
- Silver Australian Saltwater Crocodile Coin
- Silver Lucky Dragon Coin
- Silver Maple Leaf Coin
- Silver World War I Coin
- Silver WWII Victory Coin
- Perth Mini and PAMP Suisse Silver bars in 1 oz, 5 oz, 10 oz, 100 oz, and other sizes.
Goldco IRA Rollovers
Goldco allows a 401K rollover to gold IRA.
Investors with existing IRAs and supported 401(k) accounts can also rollover part of or the entire funds into a Goldco gold or silver IRA. All you need is to successfully open a Goldco IRA, and then reach out to their support desk for expert guidance moving forward.
After rolling over the funds into your Goldco IRA, a Goldco financial expert will walk through the process of choosing the best precious metal assets for your account. They’ll also point you to the most appropriate IRS-accredited precious metal depository to store your gold and silver assets.
Minimum Investment at Goldco
The minimum recommended amount you can invest in a Goldco account is $25,000 in either gold or silver assets. At the $25,000 investment level, Goldco charges a $175 fee. When another $25,000 is invested, Goldco will ship silver according to the value of an additional year's worth of storage fees to the account holder.
$25k is the minimum investment, however, if you have a solid track record and a unique situation, they are willing to drop that down to $20k, but you must qualify for that.
The annual fee is $175, and increases to $225 at $100,000 investment level.
Other fees to consider:
- One-time $50 IRA set up fee
- One-off $30 wire fee
- $80 annual Goldco IRA maintenance fee
- $100 annual fee for non-segregated Goldco IRA asset storage (depends on custodian)
- $150 annual fee cost for segregated precious metals IRA storage.
Storage Options
Goldco understands the high value of its investors’ precious metal assets and strives to offer the ultimate in storage security. They partner with trusted IRS-accredited third party IRA depositories such as the Delaware Depository, IDS Texas, and Brinks Salt Lake City. Still, you can choose your preferred IRA storage facility for your Goldco precious metals IRA asset storage.
Can Goldco be Trusted over Birch Gold Group?
Yes, you can trust Goldco to offer legal, legit, and world-class precious metal services. With the blooming of precious metal IRA firms, investors are keen to only trust legal, genuine, and reliable options. You want a company that will not only help you to increase and diversify retirement wealth but also safeguard your financial assets. Goldco is a full-house with all precious metal IRA services.
Goldco is not only legally legit and experienced but is also a trusted and renowned precious metal IRA provider. They have been offering world-class precious metal investment packages including gold and silver IRAs, IRA and 401(k) rollover, a non-IRA precious metals marketplace since their establishment in 2006.
With over 600+ reviews and a 4.9/5 star rating, Goldco can 100% be trusted vs Birch Gold Group (both are great companies BTW)!
Better yet, Goldco boasts high ratings that include accreditation and A+ rating on BBB, AAA rating on Business Consumer Alliance, and a 5-star rating on TrustLink.
Click the button or image below and it will take you to goldco's official website, which you can download a free gold IRA investing kit.
Overview of Birch Gold Group
Birch Gold Group is a market-leading precious metal dealing firm based in Burbank, California. Founded in 2003, the company comprises a dynamic team of experienced financial advisors, brokers, and managers dedicated to offering stellar alternative investment solutions. They’re renowned for their full-scope physical special metal offerings.
A very bullish brand logo, wouldn't you say?
As a trusted precious metals dealer, Birch Gold Group helps investors to diversify, grow, and secure their retirement wealth and asset portfolios through purchase and sale of bullion, retirement planning, and precious metals assets storage.
An A+ rating on the BBB is NOT easy to achieve, especially in this industry. Birch Gold Group are specialists in Precious Metals.
Let’s take a closer look at Birch Gold Group:
Name: | Birch Gold Group |
Website: | |
Founder: | Michael Howell, CEO |
Year Established: | 2003 |
Account minimum: | $10,000 |
Average Rating: | 4.9/5 |
Carson's Rating: | 4.8/5 |
Free Investing Kit: |
Birch Gold Group Products
Birch Gold Group offers a full-house precious metals package for gold, silver, platinum, and palladium. This includes sourcing, purchase, and sale of the physical precious metals, storage, and gold IRA.
Precious Metals
Birch Gold Group allows its investors to diversify wealth via purchase of tangible precious metals. You can purchase and store wealth in verified gold, silver, platinum, and palladium assets. While gold and silver are more common, platinum and palladium are rarer and thus more valuable.
If you’d like to stack up your wealth in gold bullion or coins, Birch Gold Group accepts these options:
- American Eagle Coins (Bullion and Proof)
- American Buffalo
- Canadian Maple Leaf
- Austrian Philharmonic
- Australian Nugget / Kangaroo
- Gold bars and rounds from approved mints and refiners
- Gold Gyrfalcon
- Gold Indian Head Eagle
- Gold Polar Bear and Cub
- Gold Rose Crown Guinea
- Gold Twin Maples
- Liberty Head (Coronet Head) collection
- Liberty Head Double Eagle ($20)
- Saint-Gaudens double eagle ($20)
- South African Krugerrand
- Valcambi CombiBars.
On the other hand, you can diversify your investment portfolio by purchasing these silver options at Birch Gold Group:
- American Eagle (Bullion and Proof)
- Canadian Maple Leaf and Twin Maple Leaf (2 oz)
- Austrian Philharmonic
- Australian Kookaburra
- Mexican Libertad
- Silver bars and rounds from approved mints and refiners
- America the Beautiful Silver Series
- American Silver Eagle (bullion)
- American Silver Eagle (proof)
- Canadian Silver Maple Leaf
- Morgan Silver Dollar
- Peace Silver Dollar
- Silver Bars and Round
- Silver Gyrfalcon
- Silver Polar Bear and Cub
- Rose Crown Guinea
- Silver Twin Maples
- Walking Liberty Half Dollar
If you’re more inclined towards investing in platinum, Birch Gold Group allows you to choose from:
- Australian Koala
- Austrian Philharmonic
- Canadian Maple Leaf
- The American Platinum Eagle
- Verified Platinum bars and rounds from approved mints and refiners
And if you’re interested in investing in palladium, the firm accepts verified Palladium bars and rounds as well as the Canadian Palladium Maple Leaf.
Birch Gold Group Gold SDIRA
Birch Gold Group offers investors an opportunity to grow and branch out retirement portfolios in a gold self-directed IRA. This IRA allows you to steer your investment vehicle in your preferred direction by making most of the investment decisions. However, you still have market-wise and experienced Birch Group investment specialists at hand to guide your every step.
Besides handing you the reins to control your investment, the Birch Gold Group SDIRA offers you more flexibility in your area of investment. You’re no longer limited to conventional investment in common assets such as bonds, mutual funds, and stocks. Rather, you have the freedom to diversify investments in non-conventional assets including precious metals, debt, real estate, cryptocurrencies, and business.
Furthermore, a Birch Gold Group gold IRA can help you to secure and maintain purchasing power amid global market and financial instabilities such as inflation.
IRA Rollover for existing retirement account
If you have an existing retirement account, Birch Gold Group allows you to rollover part of or the entire investment into your Birch Gold Group gold IRA. This enables you to access the benefits of an IRA using a previous investment. However, the firm requires you to purchase physical precious metal assets (gold) to back your investment.
These retirement accounts are eligible for rollover into a Birch Gold Group Gold IRA:
- Eligible 401(k), 403(b), 457, and TSP accounts
- Traditional IRAs
- SEP IRA
- Roth IRA
- SIMPLE IRA
Minimum Investment at Birch Gold Group
Birch Gold Group recommends that you start with an investment of at least $10,000 in your precious metals IRA. Along with this, you’ll be charged the following fees:
- A one-time $50 fee for account set up
- A one-off wire transfer fee of $30
- $100 annually for storage and insurance
- Annual management fees of $80
Storage Options at Birch Gold Group
The firm partners with IRS-accredited depositories to offer its customers first-rate legal and secure precious metal storage services. The precious metal custodians not only give you burglar-proof asset storage but also manage your IRA by handling all requisite audits, paperwork, and oversight.
Birch Gold Group recommends using Brink’s Global Services or Delaware Depository for secure and convenient storage of your precious metals. Both companies are renowned and trusted for top-tier security, convenience, and exceptional customer support.
Can Birch Gold Group Be Trusted Over Goldco?
Yes, this firm is a trustworthy provider of world-class precious metal services. They not only have a solid experience of almost 2 decades in the market, but also have numerous glowing accreditations and reviews. For instance, Birch Gold Group boasts AAA rating on Business Consumer Alliance, and an A+ rating and accreditation from Better Business Bureau. Moreover, they have a 4.8/5 star rating on ConsumerAffairs.com, 4.9/5 average rating on Trustpilot, and 4.9/5 average rating on TrustLink.
Most customer reviews depict Birch Gold Group as a trustworthy, efficient, and transparent precious metal provider and are eager to recommend it to others. Further, most clients are satisfied with both the firm’s products and its personable customer assistance.
And that’s not all: Birch Group has received numerous accolades and endorsement from financial investment bigwigs such as Ben Shapiro, Steve Bannon, and Newt Gingrich. Notably, the firm garners a positive reputation and high ratings from:
- Convenient buy-back program
- World-class services from expert and experienced financial specialists
- Comprehensive free info kit for prospect investors
- A highly responsive and user-friendly website
- Competitive prices
Download the free gold ira investing kit from Birch Gold to get started!
Final Verdict: Is Birch Gold Group or Goldco Better for Gold IRA Investing?
Goldco is better for investors who are looking for a legit and trustworthy marketplace to diversify retirement investment portfolios via both digital and tangible precious metal assets. They’re a full-house precious metals dealer that allows customers to take control of their future financial lives by investing in digital precious metals backed by similar physical precious metal assets.
However, due to their relatively young age, Goldco is only ideal for small to medium investors looking for alternate future investment options. Besides, their relatively high minimum investment of $25,000 is a huge turn off to beginner investors.
On the other hand, Birch Gold Group is the best option for investors liking to spread and grow their after-retirement financial standing through investment in physical precious metals. They offer a complete precious metals investment service pack along with a mega selection of precious metals to choose from.
Due to their gigantic selection of precious metal assets, Birch Gold Group is a welcome option for many budding investors, headline traders, and retirees seeking financially stable options to increase and branch out retirement wealth.
The old teeter totter comes out in this classic comparison of goldco versus birch gold group! We believe goldco has a slight advantage due to their level of expertise.
Birch Gold Group
4.8/5
Goldco
4.5/5