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Have you been searching for an investment that offers stability and high growth? Do you worry about leaving all of your money invested in the stock market, especially given all of the current economic uncertainty? If so, it sounds like investing in silver may be the right financial decision to help you reach your goals.
There are several precious metals investment companies out there that offer silver coins and bars to their clients. While having lots of options to choose from can be good, it can also make it difficult to weed through the various companies and find the ones that offer the best customer service and products. That's exactly why we put this review together. We wanted to share the top silver investment companies that will deliver exactly what you're looking for. Read on to learn more about our top picks.
Best Silver Investment Companies
#1. Goldco
In our opinion, Goldco is the best silver investment company out there. Once you read our review, we think you'll see why we ranked Goldco as #1 on our list.
About Goldco
Goldco has over 15 years of experience in the precious metals industry. Founded by Trever Gerszt, the company works hard to make sure they are meeting the needs of each customer by offering high-quality products and personalized advice.
The Better Business Bureau and Business Consumer Alliance have both awarded Goldco their highest ratings of A+ and AAA, respectfully. Past Goldco customers have also written very positive reviews about their interactions with the company and the level of service they received.
Silver IRAs
Opening a Silver IRA with Goldco is easy. The team member working with you will assist you in completing all the paperwork that is needed. They'll also coordinate with the Silver IRA custodian to ensure the funds from an existing account make it over to your new Silver IRA account.
After all of this, your representative will offer advice to help you choose which of the following silver coins and bars you wish to hold in your account.
Silver Products
Special Promotion for IRA Customers
As mentioned earlier, one of the best ways to invest in precious metals is by adding them to a retirement account. Goldco is making the deal even more appealing by offering their customers up to 10% back in free silver when they open a qualified Gold or Silver IRA. 10% is a large percentage and can help you build your overall wealth much more quickly. Call Goldco to find out all the details about this amazing promotion.
Purchasing Silver as a Personal Investment
Setting up a Silver IRA is always an option with Goldco, but it is not the only way for you to add silver to your investment portfolio. If you prefer, you can always contact Goldco to place an order for silver coins or bars to hold as a personal investment. Or, purchase some for a personal investment in addition to setting up a new Silver IRA.
Pros & Cons of Goldco
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Cons
Augusta Precious can also help you invest in silver. Continue reading to learn why you might want to give them your business.
About Augusta Precious Metals
Augusta Precious Metals has been a major player in the industry since the company was started in 2012. Over the years, they have shown their dedication to helping each of their customers improve their financial prospects by investing in precious metals. According to their website, the company's top priorities include service, transparency, and simplicity.
Augusta Precious Metals has earned the highest ratings offered by the Business Consumer Alliance and Better Business Bureau (AAA and A+, respectively). They also have hundreds of positive reviews from past customers who share their positive experiences working with the company
Investing In Silver with Augusta Precious Metals
If you're ready to begin or continue your silver investment journey with Augusta Precious Metals, there are two main options you can choose from. The first is to purchase silver coins or bars as a personal investment. If you choose this option, you can select any of the coins and bars listed below, both those that are IRA-approved and those that are not approved to be held in an IRA.
The other choice is to set up a Silver IRA. If you choose this option, you'll work with a representative to open the account, secure funding from your existing retirement account, and then select the coins and bars you want to hold in your account from the IRA-approved silver list below.
IRA-Approved Silver Coins and Bars
Additional Silver Coins and Bars Available for Purchase (Non-IRA-Approved)
Pros & Cons of Augusta Precious Metals
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Cons
We think you'll also find that American Hartford Gold has a lot to offer to their customers and is a top contender for the best silver investment company.
About American Hartford Gold
Since 2015, American Hartford Gold has been working to help its clients invest in precious metals. The family-owned company is headquartered in Los Angeles, offers a 100% satisfaction guarantee, and has partnered with several well-known media personnel and celebrities, including Lou Dobbs, Megyn Kelly, and Rudy Giuliani.
American Hartford Gold's past customers have shared their satisfaction with the company and the services they offer through their positive reviews on Google, Trustpilot, and other sites. The company has also earned the highest rating possible of A+ from the Better Business Bureau and the second-highest rating possible of AA from the Business Consumer Alliance.
Investing in Silver with American Hartford Gold
Are you ready to invest in silver with American Hartford Gold? You'll find that they offer a wide selection of silver coins and bars—with several IRA-approved options. In addition to the silver coins and bars listed below that you can add to an IRA, American Hartford Gold also offers a few other items, like Silver South African Krugerrand, Mercury Dimes, Morgan Silver Dollars, John F. Kennedy Silver Half Dollars, and pre-1964 circulated silver coins that you can buy as a personal investment.
IRA-Approved Silver
Pros & Cons of American Hartford Gold
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#4. Birch Gold Group
You'll also want to consider Birch Gold Group. As another of the best silver investment companies, they can help you prepare for a secure financial future by adding silver to your portfolio.
About Birch Gold Group
Birch Gold Group offers the most experience out of all of the companies on our list. It was founded by Laith Alsarraf in 2003, and in the nearly two decades that have followed, has become a trusted and reputable name in the industry. With their A+ rating from the Better Business Bureau, AAA rating from the Business Consumer Alliance, and numerous glowing customer reviews, there are a lot of reasons to consider working with Birch Gold Group when you're ready to start investing in silver.
Investing in Silver with Birch Gold Group
Birch Gold Group offers two different ways for their customers to invest in silver coins and bars. The first option is to set up a Silver IRA. With this option, you'll be able to roll over funds from an existing retirement account and use them to purchase silver coins and bars for your account.
Below are some of the IRA-approved silver coins and bars that Birch Gold Group offers.
IRA-Approved Silver Coins and Bars
The other option for investing in precious metals with Birch Gold Group is to purchase silver coins or bars as a personal investment. Choose from any of the coins and bars listed above, along with a few other options, such as the Morgan Silver Dollar, Peace Silver Dollar, or Walking Liberty Half Dollar.
Pros & Cons of Birch Gold Group
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Cons
#5. Noble Gold
Finally, don't forget to take a look at Noble Gold and all they have to offer before making a final decision about which company you want to work with.
About Noble Gold
Noble Gold was started by Collin Plume and Charles Throngren in 2016. While their time in the precious metals industry is more limited than some of the other companies on our list, they have worked hard to establish themselves as a reputable company to work for. Their work has clearly paid off since they have an A+ rating from the BBB and an AA rating from the Business Consumer Alliance.
Investing in Silver with Noble Gold
As with most of the other companies on this list, Noble Gold customers can invest in silver in one of two ways. You can always purchase coins or bars as a personal investment to help diversify your portfolio. With this option, you can take physical possession of your precious metals and store them wherever you'd like.
The other choice to consider instead of/in addition to purchasing silver coins or bars as a personal investment is to add them to a retirement account. Work with a member of the Noble Gold team to roll over some of the funds from an existing retirement account, then choose which of the coins and bars listed below that you would like to purchase with your funds.
Silver Coins and Bars for an IRA
Pros & Cons of Noble Gold
Pros
Cons
Choosing the Best Silver Investment Company
Now that we've told you a little more about our five favorite silver investment companies, it is time for you to decide which company you're ready to start working with. We understand that this can be a challenging decision to make. Use the next few sections to help you determine exactly what you want to look for in a precious metals company. Then, you'll be ready to choose between the various companies we highlighted above.
Selection
Many people who are ready to set up a Silver IRA already have a list of the different silver coins and bars they wish to hold in their account. There are several IRA-approved products to choose from, but every company carries a different assortment of options. If you have a specific coin or bar in mind that you'd like to hold in your account, confirm whether it is available with the different companies you're considering.
Reputation and Experience
Whenever you're making a big purchase or investment, you want to make sure you choose a company that you know you can trust. Take some time to research the companies you are looking at to learn more about their reputation in the industry. Look up reviews from past customers and check ratings from the Better Business Bureau and Business Consumer Alliance. This should provide you with useful information about how you should expect to be treated as a customer.
In addition to checking on their reputation, also look up how many years of experience they have in the industry. While supporting a new company may feel nice, are you really sure you want to do it when your financial future is at stake? It probably makes more sense to choose a well-established company that you'll feel more confident working with.
Fees
There will likely be fees associated with any precious metals purchases, especially IRAs. However, these fees can vary quite a bit from one company to the next. You'll want to compare fees and assess how transparent each company is regarding what they charge their customers.
Customer Service
Finally, don't forget about choosing a company known for treating its clients well. Investing in precious metals can be a daunting task for many. If you're new to the industry, you'll likely have several questions about choosing the best silver coins or bars or how the whole process works. You want to know that you'll find a representative on the other line of the phone who is patient and ready to provide you with sound advice.
Goldco: The Best Silver Investment Company
If you're looking for the best silver investment company, we think you should choose to work with Goldco. As we shared above, Goldco is an experienced company that has earned an excellent reputation in the precious metals investment industry. They offer several silver bars and coins for investors to choose from, allowing to find the right pieces for your investment goals.
Goldco's team of representatives is attentive, knowledgeable, and helpful. The ideal combination to help you set up your new Silver IRA account or purchase silver coins and bars for a personal investment. They'll be available to address any questions or concerns that come up through the process.
Why wait any longer to start investing in silver? Contact Goldco to purchase silver coins and bars or set up a Silver IRA today!
Frequently Asked Questions
Is silver a good investment?
All investments come with risks. However, many financial experts are advising their clients to invest in silver. When some of your investments are held in silver, rather than just with stocks and bonds, it helps ensure that your portfolio is diversified and greater protected against market drops or crashes.
Beyond the benefits of diversification, silver is a prized precious metal. People all across the globe look to hold silver. There are many different ways this beautiful precious metal is used, as well. New technological, manufacturing, and even medical uses for silver continue to be discovered. So, in addition to the normal demand for this metal for making jewelry and other traditional uses, there is likely to be an even greater demand due to these new uses for it.
Because it is so treasured and valuable, liquidating a silver investment when you're ready is also easy. With all of these reasons together, and several others, you can see why many experts recommend investing in silver.
Should I invest in gold or silver?
There are benefits associated with investing in both gold and silver. While gold is a more valuable precious metal, that also means that each ounce of gold costs significantly more than an ounce of silver. Unless you have a large sum of money to invest, you won't be able to get more than a few gold coins or bars.
Because the price of an ounce of silver is less expensive than an ounce of gold, you'll be able to purchase more silver coins or bars than gold coins or bars. This could be an overall benefit to your portfolio.
Fortunately, there is no rule saying you can only hold gold or silver as an investment. You can further diversify your portfolio by purchasing some coins and bars made of both gold and silver, if you so desire.
Can you hold silver in an IRA?
Yes, while you may have heard a lot about Gold IRAs, you can also open a Silver IRA. Both Gold IRAs ad Silver IRAs are types of Self-Directed IRAs. This type of IRA allows you to hold alternative assets in a retirement account. Silver IRAs offer a wonderful opportunity to diversify your portfolio with a highly sought-after precious metal.
Where can I buy silver coins?
When you're ready to invest in silver coins, there are several available options for purchasing them. Each option comes with its own set of pros and cons.
The first option is to visit a local coin shop. At a local coin shop, you'll be able to see the physical coins you're looking to purchase. However, you may feel pressured by the sales person to make a purchase before you're ready or have had a chance to shop around. Shopping in a local coin shop also doesn't offer you any privacy. People you know may see you coming or leaving the shop.
The other option is to purchase silver coins from an online precious metals company. While you won't be able to see the physical coins in person with this option, you will be able to shop in a more private setting. The precious metals you order will be shipped to you discretely. So, if you don't want others to know what you're buying, they don't have to.
Shopping online can also be more relaxed. You can shop on your time and only contact the company to discussing purchasing options after you've had a chance to compare the selection offered by different providers.
