You might have heard the radio advertisements and wondered about Goldline. What types of precious metals do they offer? Are they legitimate? How do their prices compare to the competition? What have customers said about Goldline? This bullion dealer review will attempt to answer these questions and more.
Selection
With has an impressive selection of gold, silver, platinum and palladium coins and bars dating from the 1800s, they offer numismatics, special collector’s items, bullion coins and bars. The gold bars available weigh 1 ounce, 10 ounce or 1 kilogram.
The site does a nice job of designating the “IRA-eligible” coins. As an exclusive dealer for limited-production gold collector’s coins, Goldline has one of the largest Austrian gold numismatic coin collections around.
Reputation
Glenn Beck is the spokesman. Very few bullion dealers have this much notoriety. It’s been a precious metals dealer since 1960. It has a legitimate physical Santa Monica, California address with listings of its company executives.
These all signify it is a legitimate bullion dealer. The site has a very professional look. For lower-priced purchases, you can use your credit card at the online site. For higher-priced amounts, you must call by telephone to get “Investor Pricing.”
The “Special Accumulation Program” debits your bank account each month so that you can accumulate precious metals gradually. Follow-up customer service is very good.
Education
The online site for Goldline has an abundance of information available. The primary goal is to explain “Why wealthy people should invest in gold.” These resources discuss the FDR confiscation order, fiat currency inflation and the history of precious metals.
This education is great for beginners. Even experienced gold and silver coin collectors will learn from the volume of information available on the Goldline website. Other bullion dealers focus more on individual coins. The education at Goldline is top-of-the-line.
Goldline Pricing
Just like a full-service gasoline station, they’re more expensive. It provides more services to its customers. There is a “Price Guarantee Program” for short-term changes and a “Client Concierge” to help with questions. You can get physical delivery or storage services.
“At the time of our review update, Goldline’s only Bullion Gold American Eagles in stock were the 1 oz coins and it was selling for over $37.54 more than Bullion Direct. Goldline’s 1 oz Bullion Silver American Eagles were selling for over $8.34 more than Lear Capital.”
– National Inflation Association
This is a well-recognized bullion dealer. Pricing is more difficult to get. Most bullion sites will quote you a certain amount above the spot price.
At Goldline, you will be charged commissions, fees and a spread. Calculate this ahead of time before you complete your purchase. Gold is a premium product and purchases should not be made without careful consideration. Goldline gives you all the information you need to make a well-informed decision.
Disadvantages
They do have some detractors who share a common trait – they wanted to make money quickly by purchasing bullion coins. Goldline sold many of these critics expensive numismatic coins. When these dissatisfied customers tried to resell their numismatic coins, they found out the demand was lower than for bullion coins.
The precious metals purchased on Goldline are more expensive than the competition. There are many add-on costs involved. Other precious metal sites are better for buying large volumes of cheap bullion coins.
Why Invest in Gold?
The perfect customer is a wealthy individual who wants to buy small quantities of rare numismatic coins and hold for the long-term. The site’s educational material is top-notch. It helps you make a good decision.
They offers great customer service when buying, good security, transparency, legitimacy, selection and educational features. Goldline is one among many bullion dealers.
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