As someone interested in investing in precious metals, I understand the importance of finding a trustworthy company to work with. That’s why I decided to take a closer look at McAlvany ICA, a precious metal investment company based in Durango, Colorado. The company offers a variety of gold and silver coins and bars, as well as numismatic coins for collectors. They also provide educational resources and market updates to help investors stay informed.
In this review, I’ll share my findings and help you determine whether McAlvany ICA is the right fit for your investment goals.
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Best Metals Selection
McAlvany ICA is a precious metal investment company based in Durango, Colorado. The company is a family business and was founded in 1972 by Don McAlvany. His son, David McAlvany, currently serves as the CEO. The company has been in business for 49 years, which speaks to its longevity in the precious metals industry.
McAlvany ICA Products and Services
In terms of products, McAlvany ICA offers a diverse range of gold and silver coins and bars, including the Silver Canadian Maple Leaf, Silver American Eagle, Gold American Eagle, and Gold Canadian Maple Leaf. The company also has a one-ounce platinum bar available. However, I was disappointed to see that there are no palladium products available in their catalog. Palladium has become an increasingly popular precious metal among investors, and the absence of palladium products in McAlvany ICA’s catalog may be a disadvantage for the company.
Another area of concern for me was the lack of transparency regarding the company’s partnered custodian and storage vault. McAlvany ICA does not disclose which IRA custodian they have partnered with or which storage vault they use. This lack of transparency can make it difficult for investors to make informed decisions about their investments.
McAlvany ICA Reviews and Ratings
When it comes to reviews and ratings, McAlvany ICA has an A+ rating with the Better Business Bureau (BBB) and has not received any complaints in the last three years. This is a positive sign for the company, as it indicates that they have a good track record of customer satisfaction. However, McAlvany ICA does not have a profile on Yelp, and Trustlink has no reviews listed. This may make it more difficult for prospective investors to evaluate the company’s reputation.
McAlvany ICA Contact Information
Address: 166 Turner Dr, Durango, CO 81303-7975
Phone: (800) 525-9556
McAlvany ICA Review Summary
When it comes to investing in precious metals, choosing a reputable company to work with is essential. McAlvany ICA is one such company that has been serving the needs of investors since 1972. I believe that McAlvany ICA has its strengths and weaknesses. The company’s commitment to education and market news updates is commendable, and their selection of gold and silver coins and bars is diverse.
However, the lack of transparency regarding their partnered custodian and storage vault is a significant concern for investors. Additionally, the absence of palladium products in their catalog may be a disadvantage for the company. Before investing with McAlvany ICA, I recommend that prospective investors carefully consider the company’s strengths and weaknesses and conduct their own research to ensure that it is the right fit for their investment needs.