Is the Golden State Mint Legit or a Scam? (Review)
Golden State Mint was established in 1974. located in Sanford Florida, The company is continuously expanding to ensure the demands of its customers are met. It is a family-run business operation with a primary focus on providing the highest quality products and exceptional customer service.
Being in the business of precious metals for 45 years and above, The company will ensure the job is done right the first time, The company will never fail to meet the needs of its clients. They boast of having a short lead time in the industry. They will also meet their guaranteed delivery time.
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Company | Personal Findings | Review | Free Guide | |
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What Will I Learn?
Golden State Mint Products
The main custodian of Golden State Mint company includes copper, silver, and gold. Additionally, they also sell platinum together with palladium and unique collections such as buffalo, cryptocurrency, Chinese zodiac, Incuse Indians, holidays, and many more.
Examples of products the company offer will include the American Gold Eagle round, the Silver American Eagle round, Gold American Buffalo rounds, Gold Austrian Philharmonic, Gold Canadian Maple Leaf, the Gold Australian Kangaroo, and Silver Canadian Maple Leaf.
Some of these Golden State Mint silver products will rank among the finest purity. you should know the source of your mint fresh bars, coins, and rounds.
Specialize in the minting of metals
The company specializes in minting gold, copper, and silver. Golden state mint can produce several sizes and designs. Using the best method of producing the (blanks) planchets, affords the company the ability to have very few wastes for recycling, and gives the best price possible. Besides, purchasing copper, silver, and gold directly from GSM, will save time and money by cutting out the need for the middleman.
Though the company will assist clients to set up the Precious Metals IRA, GSM doesn’t disclose any information pertaining to the preferred custodian, or the storage facilities. Besides, Golden State Mint offers cryptocurrency approved by IRA.
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The Background of Golden State Mint
The company focuses mainly on providing precious metals which are investment-grade and are approved by IRA. The company is situated in Central Florida. Golden State Mint was established in 1974 as a family-owned business.
The main products in its inventory as gold, silver, copper, and platinum. Irrespectively, there is still an extensive selection of silver bullion bars and coins, this includes many of the popular bullion coins and bars certified to be under gold IRA portfolios.
Who owns Golden State Mint?
The actual website of the company has no information regarding the management team of the company. However, on the site such as a LinkedIn page of GSM, Andrew Pavlakos has been named as the owner of the business.
Customers all across the country have quickly come to recognize GSM as one of the largest, fastest, and most trusted precious metals dealers.
Custodians and Storage of Golden State Mint precious metals
Regardless of operating as a gold IRA company, The business doesn’t disclose any of the information that pertains to the preferred storage and custodians facilities.
GSM will work with several administrators for the Precious Metals IRA for their clients. The IRS prohibits retirement plans are prohibited from the purchase of any kind of collectible, which includes coins by IRS. But, the metals include silver, with .999 fineness eligible investments within a retirement account. Silver is purchased in round, coin, or bar form in a bullion form.
Pros:
– The company has wide-ranging popular products approved by IRA.
– Golden State Mint is operating as a Gold IRA company.
Cons:
– Presently, there does not appear to be any availability of palladium options regardless of being listed within the catalog
You can pay through bank wire
payments are done via Paypal, credit or debit card, visa, Discover, or bank wire. Some payment options are restricted by region & order total. Occasionally GSM will ship the monster boxes together with a limited number of some items to FedEx. this depends on your delivery address. If payment is made by check or bank wire, The company will be able to change your address as long as the item has not yet been shipped.
All GSM silver, gold, and copper products are brand new and ship directly from the Golden State Mint. All shipments will be securely packaged, and discreetly fully insured until a given signature is provided. Bullion Exchanges offers free shipment for domestic orders above $99. The prices are ultra-competitive and there is no order minimum.
Every single package the business ship is sent with full shipping insurance for its time in transit.
Also Read: Where is SD Bullion Located?
Is Golden State Mint a reputable company?
Yes. The company is a reputable firm. Golden State Mint company can meet all your needs for minting. It also provides the total reliability and confidence that you need. All of the company’s products are very brand new. They are shipped directly from the company.
Is Perth Mint Running Out of silver?
Several keyboard players have been spreading news for several years that the Perth Mint does not sell silver, the Perth Mint has no silver and the mint doesn’t sell silver to the consumers – none of which will happen to their customers.
Summary
Golden State Mint is a great company worth investing in if you are looking for diverse coins and bullion, great prices, and are insured. However, the company will not hold your hand as they are doing to a full-service silver or gold IRA company. they are offering excellent competitive rates and top-quality bullion which can be included in a tax-advantaged retirement account.
You should take note of sider the availability of several companies in the market, before making any purchases as a part of your IRA investment strategy. Additionally, you should be mindful of its overall reputation, have the company’s bullion policies, prices, practices, and importantly, the storage fees for your metals.
About Arthur Karter
Hi, I’m Arthur, and nobody wants to wake up in their 50s like me that they are in serious debt with minimal assets. This wake-up call forced me to reevaluate everything. After going through the school of Hard Knocks, I’m ready to help you by sharing the best retirement choices and how they differ from all the same-old, same-old options that financial advisors sell. These alternatives will help you build and protect your wealth.
