Legitimacy assessment · 2026
Is Goldco a Scam or Legit? An evidence-based review.
We assessed Goldco on the public record — BBB standing, depositories, fee transparency, and track record — and laid out the evidence so you can reach your own conclusion.
The facts
What the public record shows
Everything below is drawn from Goldco's own disclosures, the Better Business Bureau, and reputable finance publications — the sources are listed at the bottom of this page.
- Founded
- 2006
- Headquarters
- Calabasas, California
- BBB rating
- A+ · Accredited
- Account minimum
- $25,000
- Metals offered
- Gold, Silver
- Depositories
- Brink's, Delaware Depository
- IRA custodians
- STRATA Trust, Equity Trust
- Best for
- Mid-size rollover investors
Goldco is a large, well-established precious-metals IRA firm with a $25,000 minimum, a transparent published fee schedule, and a strong buyback program. That mix makes it a popular full-service choice for first-time and mid-size investors.
The evidence
Signs of legitimacy & points to weigh
Verified positives
- BBB-accredited with a A+ rating (verify on BBB.org).
- Operating track record since 2006 (roughly 20 years in business).
- Stores metal at IRS-approved depositories: Brink's, Delaware Depository.
- Uses established IRA custodian partner(s): STRATA Trust, Equity Trust.
Considerations to weigh
- Promotional bonus-metal offers can obscure the true cost basis and are tied to large purchases
- Limited to gold and silver (no platinum or palladium)
- First-year cost rises once setup and segregated storage are included
These are fair, balanced considerations — not accusations. Each reflects publicly documented facts or our editorial opinion.
Do it yourself
How to verify this yourself in 5 minutes
- 01Pull up the BBB profile for Goldco and confirm the A+ rating and accreditation status match what's claimed here.
- 02Ask which IRS-approved depository (Brink's) will hold your metal, and whether it's segregated or commingled.
- 03Get the all-in price on a standard 1 oz bullion coin and compare it to the live spot price plus a reasonable premium.
- 04Search the company name alongside terms like “FTC,” “CFTC,” “state AG,” and “lawsuit” to see the current public record for yourself.
- 05Request the full fee schedule and buyback policy in writing before you commit a dollar.
Want the full method? See how to verify a gold dealer and, if something looks wrong, how to report a gold scam.
Our top-rated option
An alternative we rate highly
If you're comparing dealers, our featured partner is the option our editorial team rates highest.
Newmont Capital Group
Our top-rated featured partner: BBB A+ rated, transparent spot-based pricing, IRS-approved depository partners, and a no-obligation buyback commitment. Full details on newmontcapitalgroup.com.
- BBB A+ rating
- Transparent, spot-based pricing
- Delaware Depository, Brinks & Loomis storage
- No-obligation buyback commitment
- No-Fees-For-Life program on qualifying accounts
Sources
Sources we used
We compiled this assessment from the following public sources. Facts can change after our last review (2026-06); always confirm the current record.
Reader questions
Is Goldco legit? Your questions
Is Goldco a scam?
Is Goldco legit?
Where does Goldco store gold IRA metal?
What is Goldco's account minimum?
This assessment is the independent editorial opinion of the BakerGold Editorial Team, based on publicly available information cited above. It is not an accusation of wrongdoing, not a statement of fact about any undisclosed matter, and not personalized financial, legal, or tax advice. Facts can change — always verify a company's current standing yourself before you invest.
This content is for general education only and is not financial, tax, legal, or investment advice. Investing in precious metals carries risk, including loss of principal. Consult a licensed professional before making decisions.
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