Noble Gold Investments Review: Prices, Complaints, and IRA fees and Review
Noble Gold Investments is a brokerage firm that specializes in helping individuals invest in physical precious metal coins and bars, as well as precious metals IRAs. If you’re considering investing with them, reading this Noble Gold review can help you learn about their offerings, perks, and fees to determine if they’re the right company for you.
Noble Gold Background
Noble Gold is a precious metal brokerage firm in Pasadena, California, established in 2017. The company offers consumers precious metals IRA investment accounts. Additionally, they provide a wide range of silver, gold, platinum, palladium, and rare coins and bars to invest in. Lastly, Noble Gold offers prepackaged Survival Packs that include a mix of precious metals that can be easily liquidated. The company is also focused on helping consumers learn about precious metal investing. As a result, they have various online blog posts and free eBooks focused on teaching investment basics and offering industry tips.
Noble Gold was founded by financial experts and friends Charles Thorngren and Collin Plume. The company is a member of Trustlink, the Royal Canadian Mint, and the Business Consumer Alliance. Additionally, Noble Gold is accredited by the Better Business Bureau and Consumer Affairs.
Noble Gold reviews have been mostly positive since the early days of the company, and they have only improved over time, earning them an outstanding reputation in the process.
Noble Gold Investments
What’s offered
Precious metals IRA; silver, gold, platinum, palladium, and rare coins and bars
Annual fees
Depends on minimum investment, account type, and storage location; ranges between $80 and $250
Noble Gold has a wide range of products and service offerings, catering to all types of precious metal investors. Through Nobel Gold, individuals are offered:
Precious metals IRAs
Silver, gold, platinum, palladium, and rare coins and bars
Survival packs
Educational resources
Noble Gold IRA Review
A precious metals IRA allows individuals to invest in IRA-approved physical coins, bars, and precious-metal stocks. It is like a regular retirement account; however, investors retain possession of physical assets rather than paper money. Noble Gold assists clients in setting up a precious metals IRA and offers depository services to store the assets.
If you choose to roll over your existing IRA account into a precious metals IRA, the following accounts are eligible:
Traditional IRA
Roth IRA
401(k)
403(b)
457(b)
SEP
SIMPLE IRA
Thrift Savings Plan (TSP)
To get started, complete the IRA setup form on Noble Gold’s website, and a representative will contact you to walk you through the start-up or rollover process. Additionally, the account rep will help you select precious metals to invest in. The precious metals will be stored in a depository until you are ready to liquidate them. You may choose to sell the assets back to Noble Gold as part of their buyback program or have the precious metals sent to your home.
Note that Noble Gold IRA fees are higher than the average since they provide separate storage for your assets.
Silver, Gold, Platinum, Palladium, and Rare Products
Noble Gold offers a wide spread of silver, gold, platinum, palladium, and rare coins and bars to invest in. The company offers products from various worldwide mints in multiple sizes. The following are some of the precious metals:
Noble Gold is set apart from other brokerages because of their Survival Packs, which are pre-selected precious metal bundles. The company’s experts select a blend of precious metals for each Survival Pack tier. Currently, Noble Gold offers several package options ranging between $5,000 and $500,000.
Noble Cavalier: $5,000
Noble Knight: $10,000
Noble Baron: $25,000
Noble Viscount: $50,000
Noble Earl: $100,000
Noble Marquess: $250,000
Noble Duke: $500,000
Noble Ambassador: offers customized packages for investors outside the U.S.
Survival Packs are geared towards individuals who wish to quickly liquidate the assets to use it as currency during an emergency economic collapse. Noble Gold offers two storage options for individuals who purchase Survival Packs: Noble Express and Noble Fortress.
With Noble Express, Survival Packs are delivered in non-descript and insured packages directly to the investor within five days. The individual can then store the precious metals in their private storage.
With Noble Fortress, Survival Packs are delivered to high-security depositories and stored on behalf of the investor. Noble Gold has custodians in the U.S. and internationally.
Educational Resources
Noble Gold also offers comprehensive and free educational resources to learn about IRAs, precious metal investing, tips, news, and investment basics. Their website provides a wealth of articles, including a free copy of their Gold and Silver IRA eBook and a starter kit.
Noble Gold Prices and Fees
Noble Gold has differing annual administrative and storage fees depending on the account, type of precious metals you invest in, and depository location. There are three depositories located in New Castle, Delaware; Dallas, Texas; and Toronto, Canada.
Account Type
Investment Minimum
Fees
Gold IRA
$2,000
$80 annual administration fee $150 annual storage fee, including insurance
$0 for personal storage $150 annual depository storage fee, including insurance
Precious metal coins and bars
$2,000
$80 annual administration fee $150 annual storage fee, including insurance
Noble Gold’s storage fees are higher than other companies because they provide segregated storage rather than commingled storage. This means that each investor’s assets are stored separately. This ensures that precious metals from different customers aren’t mixed.
Noble Gold Pros and Cons
Before making a substantial investment with Noble Gold, it is important to have a comprehensive view of its pros and cons. Consider these factors before making your decision:
Pros
Buyback Program
If investors choose to liquidate their physical assets, Noble Gold may buy back the coins and bars.
Free Investment Kit
To help new investors get started, the company offers a free investment kit to educate investors on physical assets.
Large Selection
In addition to physical assets and IRAs, the company also offers prepackaged survival packs.
Excellent Reputation
Noble Gold reviews highlight their industry expertise, exceptional customer service, and seamless investment process, earning the company an excellent reputation in the precious metals market.
Insured Shipping and Depository Storage
Accredited Brokerage
Affiliate Program
Cons
High Fees
Compared to other companies, Noble Gold has higher storage and maintenance fees. The fees can reach upwards of several hundred dollars annually.
Pricing is Not Transparent
The Noble Gold website does not offer prices. Investors must contact a representative directly for this information.
Newer Company
The company was established in 2017.
Minimum Investment
Noble Gold minimum investments range between $2,000 and $5,000.
How To Start with Noble Gold Investments?
To open a precious metals IRA account with Noble Gold, call (877) 646-5347 or fill out the set-up form online. Noble Gold will require personal information, including your Social Security number, birth date, address, and name. If you are rolling over your existing retirement account, the company will require additional information regarding your IRA custodian, type of IRA and account number, and the amount you want to roll over. Also, keep in mind that the rolling over of funds must be complete within 60 days.
A representative will follow up within twenty-four hours to finish the account setup process. During this step, the account rep will help you determine how much you would like to invest or roll over. Based on this information, they will also assist you in choosing IRA-approved precious metals and a depository.
Investors can contact their account representative at any time to check on their portfolio or ask questions about their assets. Keep in mind Noble Gold charges minimal account management fees for these services.
Noble Gold has received all-around positive reviews on several consumer reporting sites. Additionally, Noble Gold has only received two complaints within the last three years. Most notably, Noble Gold is accredited by the BBB and Consumer Affairs. Many consumers rave about the professionalism and industry knowledge of the company’s representatives.
FAQ
Is Noble Gold Legit?
Yes. Noble Gold reviews on several consumer rating sites are overwhelmingly positive. Additionally, the company is accredited with the Better Business Bureau and Consumer Affairs and is a member of Trustlink, the Royal Canadian Mint, and the Business Consumer Alliance.
Can I Store My Gold at Home with a Noble Gold IRA?
Unfortunately, precious metals that are part of an IRA account cannot be stored at home. The IRS sets strict regulations regarding the purity, condition, proof, and storage of IRA-approved precious metals. As a result, these assets must be stored in a depository. Noble Gold offers three depository locations in New Castle, Delaware; Dallas, Texas; and Toronto, Canada.
Are There Any Risks with a Noble Gold IRA?
Given Noble Gold’s positive consumer ratings, the company seems reputable. However, like other investments, precious metal assets are subject to fluctuations. Although precious metal investing is typically less volatile, it still does carry some risk. Nevertheless, Noble Gold provides its consumers with educational resources and experienced professionals to help with investment choices.
Yes. Noble Gold has a minimum $2,000 investment amount for precious metals IRAs, coins, and bars. Additionally, there is a minimum $5,000 investment amount for Survival Packs.
Does Noble Gold Offer a Free Consultation?
New investors receive a free IRA consultation with one of Noble Gold’s professionals. Additionally, the company offers several free online eBooks and investment guides to help new customers get started.
Noble Gold stands out among its competitors because of its wide precious metal offerings and positive customer feedback. Unlike other brokerages, Noble Gold offers pre-bundled Survival Packs that offer quick liquidity. Additionally, they have a large selection of silver, gold, platinum, palladium, and rare coins and bars. Lastly, they provide guidance when setting up or rolling over a precious metals IRA account.
