Investing in precious metals through an IRA can be a smart choice if you want to ensure that your money maintains its value over time or if you want to protect against inflation and global economic instability.
Noble Gold Review, Gold IRA, Complaints, Fees & More
Gold and other valuable metals IRAs are an investment with a lot of risk. Consumers should be wary of companies that claim their customers can make a lot of money on these investments with little risk. As with any investment, you may lose money or get a bad return on your investment. Consumers should be aware of the fees associated with any investment before committing.
Going above and beyond, Noble Gold educates customers about gold, silver, platinum, and palladium investments. Those in need of additional assistance are referred to financial professionals for assistance. The company’s CEO and president each have a decade of experience across multiple financial fields.
Noble Gold provides a 5-Minute individual retirement account, Gold IRA rollovers and gold and silver retirement account transfers. Collector’s coins and physical gold and silver are also available.
Complaints & Reviews
- Better Business Bureau: 2 complaints in 3 years
- Business Consumer Alliance: 1 complaint in 3 years
- Source: Noble Gold profile on Trustlink
- Better Business Bureau:5/5 from 48 reviews
- Business Consumer Alliance:5/5 from 4 reviews
- Consumer Affairs:5/5 from 227 reviews
- CitySearch: NA
- Sitejabber: NA
- Trustlink: 5/5 from 123 reviews
- Trustpilot: NA
- Yelp:5/5 from 1 review
Noble Gold Fees
The fee for the service is $80 per year, and the fee for the management of an IRA is free. You can store bullion in an IRS-approved vault for free, but it will cost $150 if you wish to have your IRA stored in Texas, Canada, or Delaware. The custodianship of your IRA will depend on your provider.
Setting up an IRA with Noble Gold Service is free of charge. In addition, you can store your gold at an IRS-endorsed vault for $150 per year. Your custodian will depend on your provider.
Advantages
- The IRA fees are published on the website.
- No-hassle return policy.
- Precious metals investments are offered in a wide range.
- It takes just a few minutes to set up a Gold IRA account and have your gold shipped.
Problems
There is no gold storage abroad.
There are claims that customers can make a lot of money with little risk in gold and other precious metal IRAs. Remember that any investment carries risk, and you can lose money as well. Consumers should obtain an understanding of the fees associated with any investment before agreeing to invest. Past performance is not a guarantee of future performance results.
Noble Gold IRAs
Gold IRAs must be stored in a secure storage facility. Your Gold IRA assets are stored and insured by International Depository Services, Ltd. Equity Institutional offers an online private account where you can access your holdings around the clock, 365 days a year. Ask about storage and other costs before you establish an IRA.
A portion of one’s retirement plan can be invested in gold using Noble Gold. An IRA may be opened by filling out an online form. Complete the form as best you can, and then submit it. If you prefer, you can skip the form and speak to the company directly. A representative will call you to assist you to finish the application, or you can finish it yourself.
A Noble Gold representative can assist you in selecting the right gold coins for your IRA. You may fund your Gold IRA with cash or create a Gold IRA rollover from an existing IRA or another pension account. You may discuss pension rollovers with a representative, although they are seldom authorized.
Because of their unique nature, Gold IRA assets must be held in a secure storage facility. International Depository Services, a storage partner of Noble Gold, stores and insures the holdings. Equity Institutional provides a 24/7 online private account where you can access your investments at any time of the year. Before you establish a Gold IRA, ask about storage and other charges.
Gold IRA
Gold has a variety of applications aside from being a valuable investment, as they detail on their website. Because gold is used as a global currency, it may maintain its value better than dollars when traveling across borders.
Investing in physical gold through the Gold IRA from Noble Gold is a tax-advantaged way to prepare for retirement.
Government regulations require that gold in a precious metals IRA be of certain purity standards, and thus, a Noble Gold IRA will be .9950 (24 karats) pure.
Certificates of authenticity with proof coins and gold bullion that is uncirculated are other requirements for gold coins.
Trying to meet these requirements when purchasing gold coins on your own can be tricky, which is why Noble Gold has made the process straightforward. They provide gold coins and bullion directly, so you can avoid the trouble and risk of attempting to fund your Gold IRA by yourself.
JM Bullion is one of the most popular and reputable gold dealers. You can read the full story here.
You can establish either a Roth or a Traditional IRA with Noble Gold.
Noble Gold offers a variety of informative educational resources for those considering investing in gold and gold IRAs in order to educate them about its value.
Gold, according to their site, can be utilized in addition to being an investment vehicle in treating diseases, manufacturing computer hardware, and more. Because gold is used as a currency all over the world, it may maintain its value better than American dollars when traveling internationally.
Silver IRA
An investor using silver as a hedge against the decline in the value of fiat currencies is not exposed to counterparty risk.
Investors can secure physical silver through Noble Gold’s Silver IRA in the same way as they can through their Gold IRA.
They provide both Traditional and Roth IRAs. You can either invest with pre-tax dollars and only pay taxes when you withdraw from your account, or you can invest with post-tax dollars and withdraw from your IRA tax-free.
There are purity standards for silver in an IRA in addition to gold. Pure silver must be at least .999% in an IRA, as must uncirculated bullion and bullion bars produced by approved refiners. Certificates of authenticity should accompany all proof coins.
Even though Noble Gold was founded in 2017, it has earned 5 out of 5 stars at the FINRA.
The Better Business Bureau is a better business bureau.
If you’re unsure whether silver is a good investment, Noble Gold provides educational materials to help customers better understand the value of silver and its potential for long-term growth.
According to their website, silver has a limited supply, which is less than the demand. Because of silver’s wide variety of applications, it is valuable in developing renewable energy.
Since silver isn’t tied to the success or failure of any particular company, as an investor, you won’t be exposed to counterparty risk.
Precious Metals Storage
You cannot keep your IRA-approved gold or silver at home; however, by storing it with IDS, you can visit the storage facility to see it whenever you want.
It’s of little value to possess gold, silver, or other precious metals if you can’t keep them safe. Furthermore, storing assets in an Noble Gold precious metals IRA is regulated by the government, not matter whether you have them stored in a retirement account or not.
Noble Gold has teamed with International Depository Services, or IDS, to offer secure storage in Texas or Delaware.
You can’t keep IRA-approved gold or silver at home, but by storing it with IDS, you can visit the storage facility to see it whenever you wish.
Buyback Program
Taking IRA distributions can be particularly valuable.
With Noble Gold’s ‘no qualms buyback program,’ you can sell your gold without any hesitation. You don’t need to look for your own buyers; they’ll buy back your gold if you need to sell it.
Taking distributions from your IRA can be particularly valuable.
Company Background and Philosophy
Collin Plume and Charles Thorngren founded Noble Gold in Florida in 2016. Charles left the company in November 2020, and Collin remained as CEO. Approximately 30 workers are employed at the old Pasadena location.
Background with noble gold
In 2016, Collin Plume and Charles Thorngren founded Noble Gold in Florida. Charles departed the firm in November 2020, whereas Collin remained as CEO. Around 30 people work out of the firm’s old Pasadena location.
Premium Coins
Premium coins are considered semi-numismatic since they are a collectible series issued by mints and IRA-approved, yet still have limited circulation. Many companies charge a higher premium on these coins because of their rarity. However, it’s crucial to note that premium coins are just as pure as standard bullion coins.
Because these IRA-approved collectible series coins are premium coins, they are semi-numismatic. Some companies charge a higher premium to account for their limited circulation. It is important to note that premium coins contain the same purity as standard bullion coins, despite their higher cost.
Standard Bullion Coins
A better understanding of the available coin types is provided in the comparison chart below.
Standard bullion coins, such as the American Eagle, the Canadian Maple Leaf, and the Austrian Philharmonic, are all examples of coins that are 99.99% pure and are sold at a much lower price than premium coins that are often marked up due to limited circulation. For many investors, these coins are the perfect fit for a gold IRA.
A glance at the chart below may help you to decide which cryptocurrency to invest in.
Noble Gold IRA-Approved Platinum
Two platinum coins and one type of platinum bar are available:
American Platinum Eagle coin
1oz Canadian Platinum Maple Leaf coin
Baird & Co Platinum Bars (1oz and 10oz)
American Gold EagleAmerican Gold Eagle (Proof)American Gold Eagle (4 Piece Set Proof )
Canadian Gold Maple Leaf
Austrian Gold Philharmonic
Australian Gold Kangaroo
Additionally, four types of gold bars are available:
Pamp Suisse Lady Fortuna Gold Bar
Pamp Suisse 100gm Gold Bar
Perth Mint 1oz Gold Bar
Johnson Mattey Gold Bar (1 kg.)
(American Gold Eagle available from Noble Gold)
Noble Gold IRA-Approved Silver
A small selection of IRA-approved silver and other silver coins is available:
1oz American Silver Eagle
1oz Canadian Silver Maple Leaf
1oz Australian Silver Kangaroo
1oz Austrian Silver Philharmonic
5oz America The Beautiful Silver
1kg Australian Silver
1oz Highland Mint Silver Round
A single silver bar is also available:
5oz Highland Mint Silver Bar
(Silver Maple Leaf available from Noble Gold)
The Royal Canadian Mint produces the silver Maple Leaf coin to a level of 99.99% purity, which is a popular choice for IRAs. A portrait of Queen Elizabeth II appears on the front. The beautiful maple leaf design, which appears on the back, comes with security engravings on post-2014 coins. This coin has a face value of $5 CAD and is produced of 1oz of pure silver.
The Royal Canadian Mint produces the Silver Maple Leaf, an IRA-approved silver coin, to a 99.99% purity level. The front displays Queen Elizabeth II. The back includes the beautiful maple leaf design, which includes security engravings on post-2014 coins as well. This coin has a face value of $5 CAD and 1 oz of pure silver, available from Noble Gold.
Noble Gold Coins and Bars
Bullion is sold in three formats by Noble Gold:
IRA-approved coins and bars struck from gold, silver, platinum and palladium
Non-IRA Royal Survival Packs of bullion for home use or vault storage
Non-IRA rare coins
Noble Gold IRA-Approved Palladium
One palladium coin and one type of palladium bar are available:
Canadian Palladium Maple Leaf Coin
1oz Credit Suisse Palladium Bar
Why Get a Gold IRA with Noble Gold?
Investing in foreign currencies and cryptocurrencies such as Bitcoin and Ethereum, as well as real estate and start-ups, is possible with Noble Gold IRAs thanks to their diversity. An IRA that is diversified well like those offered by Noble Gold is also a wonderful way to anchor your future in inflation-resistant hedges.
Investors who want to steer clear of conventional investment choices should consider a gold IRA. During uncertain economic times, gold IRA investors value the security of owning real physical precious metals while still gaining tax benefits: you do not have to pay tax on profits when you sell your gold or on the money you invest in your gold IRA. With Noble Gold, you can invest in a low-risk, user-friendly investment system that enables you to do all of these things. Noble Gold invests in your education and ensures that all of the Ts are crossed and Is are dotted, so to speak. Furthermore, they offer rare coins that other companies do not.
A gold IRA should make up just one part of your IRA portfolio, so make sure you diversify. Keep in mind that a diversified portfolio is the best way to protect your retirement income. Make sure you’ve covered a variety of asset classes, including gold.
You can diversify your holdings and protect your wealth with a Noble Gold IRA by investing in stocks, ETFs, real estate, start-ups, Bitcoin and Ethereum, and foreign currencies. A well-diversified IRA, such as those provided by Noble Gold, is also a great way to anchor your retirement in time-tested hedges against inflation.
Is Noble Gold Right for You?
Make sure to look at our list of top gold IRA providers of 2022 before signing up with any firm. Always contact multiple IRA providers before deciding on one. I personally suggest phoning three or four different companies and seeing which one best matches your objectives and values.
Despite the fact that Noble Gold doesn’t supply a huge selection of IRA coins, the firm covers the most popular IRA gold and silver coins (there are not many IRS-approved coins anyway). This firm is also unique in its field by offering a range of non-IRA coins for purchase. Investors seeking a large variety of non-IRA bullion options, however, might want to consider going somewhere else, as the firm’s selection of rare coins is somewhat limited.
Specifically, Noble Gold is suitable for five types of investors:
For those new to precious metals IRA investing, Noble Gold provides a straightforward, honest description. The firm’s straightforward buyback policy and in-depth FAQs are available immediately on the website. Because of its honesty and commitment to fair treatment, its employees are friendly and helpful.
Noble Gold’s $2,000 minimum investment requirement is perfect if you are on a tight budget. This may appeal to younger consumers because it is one of the lowest thresholds in the business.
Noble Gold’s flat fee structure is also a good choice if you have a high investment budget. Annual fees of $230 including storage—regardless of how much you invest—are lower for higher investments, making things fairer.
Investors seeking to acquire a stash of authentic bullion to use in emergencies can benefit from Noble Gold’s Royal Survival Packs.
Do you want to store your bullion close to home? Noble Gold is the only IRA provider with access to the IRS-approved vault in Dallas, Texas.
Make sure to compare our gold IRA provider review list with other providers before signing up with one. Always contact multiple IRA providers before making a decision. I personally recommend phoning three or four different companies and seeing which one matches your goals and values the best.
Noble Gold Rare Coins
There are gold and silver rare coin sets available from Noble Gold. According to the IRS, rare coins are classified as ‘collectibles.’ Because fine art, antiques, gems, and stamps are all included in this category, they are not permitted in IRAs. This is a terrific benefit for people who like rare or unique coins, since many of Noble Gold’s competitors don’t offer these coins.
Many fine art, antiques, gemstones, and stamps are also considered collectibles, not to mention rare coins, which are not permitted in IRAs. Although this is a disadvantage for IRA investors who value rare coins, Noble Gold has a huge selection of them.
Noble Gold Royal Survival Packs
The Royal Survival Pack can be stored at an IDS vault in New Castle, Delaware, or at an IDS vault in Mississauga, Ontario if you purchase the Noble Fortress service.
It is true that you may already have your IRA strategy set up. However, you and your family might benefit from some additional bullion in the event of a national disaster. If that is the case, Noble Gold can assist you with its Royal Survival Packs.
There are 7 distinct bullion packs available. From Knight ($10,000) to Ambassador ($500,000+), there is a wide range of investment levels. We believe these are beneficial, beginner-friendly additions to precious metals IRAs because they include various protections for customers.
There are two ways to manage your Royal Survival Pack with Noble Gold:
With Noble Express, your pack can be mailed to your door fully insured and under plain cover. It’s then up to you to stash it away as you see fit.
With the Noble Fortress service, your pack can be safely stored in a vault. International Depository Services (IDS) provides secure storage with Noble Gold. You can store your Royal Survival Pack at an IDS vault in New Castle, Delaware, or at an IDS vault in Mississauga, Ontario, Canada.
The Next Step?
Investing in precious metals through an IRA can be a smart choice if you want to ensure that your money maintains its value over time or if you want to protect against inflation and global economic instability.
Having a precious-metal IRA can be a smart decision if you want to guarantee that your money maintains its value over time or if you want to protect against global financial instability and inflation.