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Bear Lake Gold has created this Govmint review to help you decide whether the organization is the perfect gold dealer for your precious metal investment needs.
We employ a stringent review methodology for every gold IRA and precious metals company we review. To get complete details about our rigorous review methodology, click this link.
This Govmint review will cover various important aspects of the company like its products and services, product costs, and customer services. In addition, this review will give you precise and accurate details about their uniqueness and pros and cons.
After reading through this review, you should be able to decide whether you will buy precious metals or a gold IRA from them or instead, choose to buy through one of the companies we have rated in our top three gold and precious metal dealers.
It is essential to state that Govmint did not make it to our top three recommended gold IRA or precious metal companies.
We have listed the three companies we rated highest below. If you would like to request more information from any or all of these companies please click on the relevant button(s) below.
Saving for your retirement by outing your money in a bank account is one of the most secure ways of building you wealth, but with interest rates at 1.5% at the time of writing this article and inflation at 9.5% the value of your savings actually is decreasing over time.
Investing is riskier than saving, as your money is put at risk. Some investments are riskier than others, for example e-currency has seen vast rises and vast falls. If you are looking to invest for your retirement years or even diversify your 401k plan, one of the less volatile areas for investment is the precious metals markets.
However, the problem sometimes for people who retire is not that they did not invest. The problem is that they made the wrong choice of investments. Even if you know that investing is essential, it will be futile if you invest wrongly.
While investing in the stock market is good and is how most 401k, 432 and 457 retirement plans are supported, the stock market is very vulnerable to the effect of inflation and potential stock market crashes. Therefore, if you want to invest your savings for retirement, you should select a stable, less volatile investment vehicle that is likely to at least keep pace with, if not outperform inflation overtime.
Throughout history, investing in precious metals has, in the long term, achieved both things.
Investing in precious metals through a precious metals IRA, or a Gold IRA, gives you the benefits of precious metals investment with the tax-efficient aspects of an IRA.
As part of this review, we will include an evaluation of Govmints’ coin, bullion and IRA offerings.
Govmint is a precious metals company that was founded in 1984, and today, they deliver coins and collectibles to over 120 countries globally. The company is a retailer that deals in rare collectible and graded coins.
Some investors in the precious metal industry consider Govmint as one of the best precious metals companies in the sector. They have a great reputation for selling gold and silver coins to customers.
The company is an online precious metal marketplace located in Minneapolis, Minnesota. They have a variety of quality and high-grade coins in their inventory. Apart from offering high-quality coins, they also sell hard-to-find coins. Govmint sells gold, silver, platinum and palladium bars and coins.
Some of the coins the company distributes are the regular coins in circulation in the precious metal industry. However, they also have coins that only collectors have access to. Additionally, they sell paper money and ancient coins to clients worldwide.
Govmint online platform has a feature that can help buyers or sellers determine the value of many coins.
The company has an excellent rating with Better Business Bureau (BBB) and have been present on this platform since January 10, 1986.
Govmint sells a wide range of silver and gold coins. They also sell bars and paper currencies. They have a catalog on their website containing all the precious metals in their inventory.
While they do sell the standard coins that are popular in the market, they also have rare coins in their inventory. New coins are shipped to their vaults every day by World Mints. Most of the gold and silver coins that World Mint ships to them are often in limited quantities. Hence, for buyers, it is usually a case of fastest fingers first. To get updated information about the new coins they receive daily, always visit their new coin arrival page on their website.
Currently, Govmint is one of the largest gold and silver coin retail distributors globally, and they ship precious metals to these countries:
Govmint’s costs and fees are primarily associated with their shipping and handling processes. The fees will cover their labor, packaging, materials, and the cost of processing your precious metal. Depending on your purchase amount, the associated fees are:
When we spoke to the Govmint representative we found they do not offer IRA services.
Coin Storage
Coin Books
Bullion Coins
Sports Coins
Best Sellers
Pop Culture Coins
2 stars out of 5
6 complaints out of 30 reviews.
No Reviews Were Found
No Reviews Were Found
No Reviews Were Found
No Reviews Were Found
3.7 out of 5 Star |
This rating was from the reviews of 35 people.
No Reviews Were Found
No Reviews Were Found
Augusta Precious Metal is one of our recommended precious metal IRA companies. This company is famous for providing high-quality gold IRA and precious metal investment services for beginners and expert investors.
Also, they have excellent customer service, easy account opening/funding processes, and a team of IRA experts to take care of your investment needs.
Finally, you can trust them for the security of your precious metals. They use Delaware security solutions to ensure your precious metals are safe. Some of the products you can buy from this company are;
Hartford American Gold is another IRA precious metal company that made it to our top-three list. The company focuses on secondary investments. They sell other physical gold and other precious metals.
In the precious metals industry, Hartford is known for offering customers the finest quality of gold and precious metals. They have a team of experts to help you make the right investment choices, excellent customer service, and an outstanding buyback program.
Bear Lake Gold conducted this extensive Govmint review using our standard research methods. From our interactions with Govmint employees, online investors, and offline buyers, in our opinion, they are not a scam company.
However, because of their lack of customer ratings online, negative reviews and lack of an IRA offering, we did not include them in our top thirty precious metal and gold IRA providers.
INstead we urge you to choose one of our top three rated companies as above and request their information packs by clicking the relevant button above.
