Oxford Gold Group was founded back in 2017 by associates who have 20 years of knowledge in the business of precious metals and gold and silver IRA. Their headquarters are in Los Angeles, California, and they are one of the most well-known precious metals dealers in the United States of America. Oxford Gold Group buys and sells precious metals like silver coins and bars, gold coins and bars, platinum coins and bars, and palladium coins and bars. They also specialize in converting your general 401(k) retirement account to one of their gold IRA or silver IRA account.
The top way to safeguard your retirement is to open a precious metals IRA. Check out the below providers and request a free kit.
Best Overall Rating (Where I Invested)
#2 American Hartford Gold
Best Buyback Program
#3 Augusta Precious Metals
Most Educational ($50,000 Minimum)
#4 Noble Gold
Best Metals Selection
What Will I Learn?
- Why Invest in Precious Metals?
- Precious Metals Market and Oxford Gold Group
- Gold IRA
- Silver IRA
- Validation of Oxford Gold Group
- Physical Precious Metals from the Oxford Gold Group
- Costing of Oxford Gold Group
Why Invest in Precious Metals?
If you are skeptical about expanding your retirement account on precious metals like gold or silver, here we are breaking down the grounds why financing in precious metals is such a relief. First of all, metals like gold and silver will hold on to their rate even when the economy is in its worst circumstances. From the 2008 stock market fall, people learned a lot about precious metals as the acquisitions are a lot more subtle. Again, precious metals like silver, gold, palladium, and even bullion and rare coins will not decay if appropriately kept.
Precious metals might seem like a complete loss when you won’t be getting any income from it momentarily. But the precious metals are there when you have to liquidity the metal. If you are in an emergency, you can instantly trade or liquidity the metals to get the money. But in the case of real estate and stocks, and mutual funds, you have to wait for a while to get your sum back. And if there is any mishap in the region or economy, you might never get back the sum you were hoping for.
Precious Metals Market and Oxford Gold Group
Another thing to keep in a sense is that the price of precious metals will only grow when the cost of stocks goes down. As such, it is better to subsidize a portion of your retirement fund in precious metals. Even a flagged financial advisor will ask you to spend 13%–14% of your retirement fund on precious metals IRA.
While exploring the precious metals market with Oxford Gold Group, they will educate the clients about the metals from the beginning as well as investment strategies. Their in-house expert financial advisors will help you choose the perfect metals for you to invest in. They will even recommend the steps to comprehend what will be the most in your retirement portfolio. The beginner’s guide on their website will tell you everything you need to know about investing in precious metals. They’ll even include how you should need to invest in the metals market.
The rise of the Oxford Gold Group started when the partners in the company witnessed how much people were charged for the management of Gold IRA and Silver IRA. With that thought in mind, they started the Oxford Gold Group to provide excellent services with minimal management services than the random brokerage firms in the states.
The Oxford Gold Group believes firmly in personalized services. In that case, every partner of the company will contact you directly. They will also help you in opening a self-directed IRA. And if you are keen, they can help you to in the rollover process of your 401(k) account to gold IRA or silver IRA.
With a gold IRA, you get to invest in precious metals like gold coins and gold bars instead of paper assets like real estate and stock exchange. Here you can open the account via a self-directed IRA system. Here you might have to hire a custodian company and a depository company. The Oxford Gold Group will deliver you both services and even help you open your other precious metal IRAs account.
First, you need to open a self-directed IRA or SDIRA account with a managerial company like Oxford Gold Group and then look for a custodian like a bank or a brokerage firm.
Then, you need to fund the IRA. You can contribute the funds directly. Only a fixed amount of six thousand dollars is allowed in that case. Or you can just roll over any of your 401(k), 457 plans into precious metals IRA.
The custodian and the metal dealer like Oxford Gold Group will complete the transaction process for you.
You can save the metal in your personal space, or you can save it with high security and insured security system.
An individual retirement arrangement includes investing in silver in bullion coins and bars or silver paper assets like silver stocks or silver ETFs. Silver as a precious metal is much more stable than gold. With gold, its merit will change drastically depending on the economic situation of a region. But with silver, the price of the metal or stock will change over the course of years, which makes it much more subtle. The silver you buy from dealers has to be IRS approved and will be of prescribed weight and purity.
Like the gold IRA, the silver IRA also had tax-deferred possibilities of all kinds. And you can break the IRA account whenever you feel fit. Even rollover to silver IRA is also easy and without any tax penalty.
You need to open an SDIRA with a managerial company and hire a custodian and a depository company.
You can fund a limited amount directly, or you can rollover any of your retirement accounts for free with a 60-day time. Or you can roll over any of your 401(k), 403(b), etc., to a silver IRA without any tax or penalty.
Metals dealers and the custodian company will handle the transaction of the silver, and you can save it with an IRS-approved depository or in your place.
Validation of Oxford Gold Group
If you invest your money in a retirement fund, you want the money to grow legitimately. If we consider the Oxford Gold Group, they have been in the business since 2017, and the reviews on their official website and other review websites make them one of the leading precious metals dealers in the USA with such positive overviews all over. While investing in Gold IRA or Silver IRA, you must choose the suitable way and the suitable medium. However, we will always suggest you choose a company that is in the lead and contribute a proportion of your total investment.
The Oxford Gold Group is a precious metals dealer as they will provide you with IRS-approved metals like gold and silver coins. You can even find other physical metals like palladium and platinum here as well. Besides that, they’ll help you open accounts of self-directed IRA. They also provide services regarding the custodian company as well as the depository company. And as such, the Oxford Gold Group is entirely legal, and with so many positive reviews, they are undoubtedly trustable.
Compare this to the Swiss America company.
Physical Precious Metals from the Oxford Gold Group
Here we are including precious metal products like gold and silver coins and bars added to the Oxford Gold Group list. All of these gold, silver bars, and coins are IRS-approved, making it easy for you to choose from several silver and gold companies and manufacturers.
There are fourteen different Gold coins are added to the list. All of these coins are minted, produced, and manufactured at other times. The weights of coins are also different as well as the gold prices. The lowest weight will be 0.28 grams, and the highest weight will be 28.3 grams. Besides, there are also coins of 11.3 grams and 8.5 grams.
2018 Guinea Rose Crown
This coin carries the portrait of Queen Elizabeth II, and the design came from the East India Company’s traditional patterns. This is considered to be one of the most famous coins in history as it first struck during the sovereignty of King Charles II, depicting the colonial power of Britain.
Gold Canadian Polar Bear and Cub
This 11.3 grams gold coin was minted by the Royal Canadian Mint, picturing a polar bear and her cub. The reverse side shows the portrayal of Queen Elizabeth II.
American Gold Eagle
This 31.1 gold in it, and other metals are silver and copper. This coin was minted in the United States. One side of the coin shows standing Liberty harboring a branch and torch while her hair is flowing. The other side shows a bald eagle arriving at its nest embedded with the motto of the United States.
Only one gold bar is added to the list. The 283.3 grams of gold bar is a 0.999 purity bar. Though there is not much specification about their gold bar, instead they included the information on how you can choose the bar from different mintages.
There are seventeen different silver coins listed on the official website of Oxford Gold Group. All of these coins were minted in different years, and some of them are pretty old. The lowest weight of a silver coin will be 42.5 grams, and the highest weight will be 141.7 grams.
Canadian Grizzly Bear
This silver coin is made of 0.999 pure silver, and one part of the coin shows the image of Her Majesty Queen Elizabeth’s portrait designed by Sussanas Blunt along with eight dollars face value. The Royal Canadian Mint minted this.
Silver Bottlenose Dolphin
This 42.5 grams silver coin has a thickness and diameter of 5 millimeters and 40.6 millimeters, respectively. It was minted in 2019 by Australia’s Perth Mint. The Dolphin here represents the waves.
America The Beautiful Silver Coin
This 141.7 grams silver coin depicts George Washington and the Shawnee Natural Forest on each side. The forest is at its utmost beauty representing the natural sites in Illinois.
There are two bars on the official website of Oxford Gold Group. The PAMP Suisse Silver Bar weighs 1 kilogram, and the most elevated quality materials also make it of the Swiss Company Produits Artisiques Metaux Precieux (PAMP). These bars are available in several different ways.
Other Precious Metals
Besides gold coins and bars, silver coins and bars, the Oxford Gold Group also deals with platinum coins and bars and palladium coins and bars. These bars are also IRS-approved, and they are of the highest quality, and owning precious metals will change your retirement portfolio completely.
Platinum coins are relatively rare bars, and they have a pretty high demand in industrial sites. There are three platinum coins and one platinum bar on the list. The weight of the coin can be 8.5 grams to 28.3 grams. Perth Mint minted the Platinum Bottlenose Dolphin in 2019. The coin is about 2 millimeters thick and has a composition of 99.99% of platinum. The coin’s reverse side depicts an effigy of Queen Elizabeth II illustrated by Jody Clark. The platinum bar on the list weighs 28 grams, and these bars are pretty rare compared to the coins.
Palladium coins and bars are rarer than all the metals we included here. These metals will help you to create a diversified retirement account portfolio. The currency here is the Palladium Canadian Maple Leaf which weighs 28.3 grams. This coin was stamped by the Royal Canadian Mint in 2005 and is also one of the most recognized palladium coins in the world. The palladium bar also weighs the same as the coin. The bar is sealed in plastic and is pretty rare.
Costing of Oxford Gold Group
The annual maintenance of the Oxford Gold Group will be $175 to $275, depending on the account significance. They can also offer you a flat fee structure as they have a standard fee with the custodian and depository company. The storage fee will be up to $225 annually. But depending on the customer Oxford Gold Group offers rebates up to $2,500. If you want to purchase metal without an IRA, the minimum amount will be $1,000, and with IRA, the amount will be $7,500. They offer both buy-back and zero-fee liquidation services.
Here, the line Oxford Gold Group hires employees who are considered their associates. So, they made the precious metals dealing business personalized and help you with your investment strategy. So, the agent who’ll be working with you as a client will be a share owner of the establishment. Everything you trade and purchase from the Oxford Gold Group will be supervised and surveyed. Though they are pretty new in the market, there is limited customer feedback, but you can be sure that the Oxford Gold Group is qualified and sufficient in helping you with an excellent level of service.