Goldline Review
Goldline ‘At a Glance’ Analysis:
Goldline Analysis |  |
|---|---|
| Website | www.goldline.com |
| Phone No. | 1-888-321-9163 |
| PERFORMANCE:* | |
| BBB (Better Business Bureau) Rating (Scale of A+ to F) | A+ |
| BBB Complaints | 11 |
| BCA (Business Consumer Alliance) Rating (Scale of AAA to F) | A |
| BCA Complaints | 0 |
| Trustlink Rating | 2.5 out of 5 Stars 49 Reviews |
| RETIREMENT FUNDS: | |
| Gold IRAs Offered (US) |  |
| Crypto IRAs Offered (US) |  |
| Gold RRSPs Offered (Canada) | |
| GENERAL: | |
| Preferred Depository | Delaware Depository Services Co |
| Preferred Custodian | Goldstar Trust |
| Minimum IRA Purchase Amount | $5000 |
| Physical IRA Application | |
| Digital IRA Application | |
| FEES: | |
| Set Up | $125 |
| Admin (annually) | $60 - $250 (Scaled) |
| Storage (annually) | $100+ (Scaled) |
| TIMESCALES: | |
| IRA Transfer Process | 1/2 business days (with Express IRA) |
| 401k Rollover Process | Not divulged |
| Delivery of Metals | Not divulged |
| PEACE OF MIND | |
| US Mint Listed Dealer | |
| ICTA Member | |
| TRUSTe Verified | |
| Norton Secured | |
| Main Promotion | Free bullion coin on $10000+ investments |
| Other Promotions | Free shipping to the depository of your choice Guaranteed price offer |
Goldline Review:
Background
Goldline is one of America’s longest serving precious metals dealers, having started in business in 1960. The company is wholly owned by A-Mark Precious Metals, Inc. (AMRK), an approved buyer for the US Mint and one of the biggest publicly trading precious metals dealers in the US serving clients in 6 continents.
Goldline are based in Los Angeles, CA and have around 160 employees, including Personal Account Executives who are there to assist customers throughout the precious metals buying and selling procedures.
Goldline proudly declare that they are the exclusive dealer for certain bullion products from some of the world’s major mints, that all their financial transactions are audited by a well known international accounting firm and that since they first started in business they have safely delivered precious metals worth in excess of $4 billion.
Goldline’s Website
Goldline’s website is user friendly and up to date.
There is a lot of information about investing in gold and silver and a form where you can request a free Investor Kit.
As well as detailed information about the various coins and bars that you can buy from Goldline, the procedures for doing so are clearly explained and various forms can be viewed and downloaded. In addition, in that section you can find information about Goldline’s BuyBack Policy.
The whereabouts of information about Goldline’s IRA is not obvious as there is not a direct navigation link to it. You have you look under their ‘How To Buy’ section. Once you find it you will be able to read about Goldline’s Express IRA Program and their Price Shield.
Also on the website you can see spot prices and charts for Gold, Silver, Platinum and Palladium as well as Gold Market News Items.
If you click on the ‘Shop Now’ button you will be redirected to the Goldline online store.
Products
Information about all the products you can buy from Goldline can be found at the Buy/Sell section on their website.
Some of the coins that they offer are exclusive to Goldline. They are the exclusive dealer for several gold and silver bullion coins that are issued by two of the finest mints in the world, namely the Royal Canadian Mint and the Perth Mint Australia.
Available for purchase from Goldline in addition to those exclusive gold and silver bullion coins are gold coins and bars, silver coins, bars and rounds, platinum coins and bullion and palladium bars and coins.
Reputation and Ratings
Disclaimer: We are just reporting below our findings on the independent websites mentioned. None of this reflects our opinion and we are unable to verify the accuracy of the information shown on these consumer advocacy sites.
Goldline Better Business Bureau
At the Better Business Bureau (BBB) Goldline have been awarded an A+ Rating which is the highest possible. They have been Accredited at the BBB since 2015.
The accreditation is to Goldline, LLC and the BBB mention that they have three other Business Names: Goldline Precious Metals, LLC, Goldline International, LLC and GL Liquidating LLC.
At the time of our most recent check there had been 11 Customer Complaints closed in the previous 3 years and 4 Customer Complaints closed in the previous 12 months. The 11 constituted 4 Problems with Product/Service, 6 Advertising/Sales Issues and 1 Guarantee/Warranty Issue.
Also at the time of our most recent check at the BBB there were 13 Customer Reviews about Goldline, with an average rating of 1.54 out of 5 Stars.
Goldline Business Consumer Alliance
At the Business Consumer Alliance (BCA) Goldline have been awarded an A Rating. The highest possible Rating is AAA.
BCA state that they have no information regarding government actions against Goldline at this time.
At the time of our most recent check there had been no complaints registered about Goldline over the previous 3 years and no Customer Reviews had been posted.
Goldline Trustlink
Based on 47 customer reviews Goldline come out with an average of 2.5 out of 5 stars at Trustlink.
Although those reviews were in the main more negative than positive, we noticed that most of them were quite old so they don’t give an accurate indication of Goldline’s more recent performance.
Summary
Goldline have been in business for over 60 years which is no mean feat! During that time they have gained a strong reputation.
They are trusted by two of the world’s finest mints to be the exclusive dealer for some of their offerings.
They have a wide selection of rare coins and bullion, most of which can be purchased at their online store.
The negative is that their record at the 3 independent consumer advocacy sites that we monitor could be stronger. At BBB there were a number of complaints listed, at BCA they have not been awarded the top Rating and at Trustlink there were more negative than positive customer reviews posted.
See How Goldline Compares Side by Side With Other Leading Gold IRA Companies
Reviewed by: Doug Young
