Welcome to my Gramercy Gold Review.
(UPDATED AUGUST 2023)
Are you interested on purchasing precious metals from this company for your gold investments?
Before you do that, it is very important to get to know it to avoid being scammed or wasting your money.
This Gramercy Gold Review contains all the vital information you need to know regarding the precious metals company. Is it legit or a scam? Let's find out.
Gramercy Gold Review Quick Summary
Name: Gramercy Gold
Price: Varies depending on your investments
What is Gramercy Gold?
Gramercy Gold is a family-owned precious metals company that is based in the neighborhood of Gramercy, Manhattan.
It provides gold bars, gold coins and other precious metals, as well as financial planning. Lately, they expanded their services to cryptocurrency, specially Bitcoin IRA. On that note, they do offer gold IRA services too.
On their About Us page, however, Gramercy Gold does not provide an in-depth description of what they truly are. Moreover, they fail to give any background on their founders and management team.
Here in Your Gold IRA Guide, our precious metal companies reviews always include gathering information on the founders because it is a huge indicator that they are legit.
Gramercy Gold only stated that they are a family-owned business based in Manhattan.
Gramercy Gold Products and Services
According to Gramercy Gold's product catalog on its website, they offer the following products:
- Gold bars
- Gold coins
- Silver bars
- Silver coins
- Gold kit
Most of the time, precious metal companies reveal the prices of their products upfront on their website. This makes it very convenient for the clients.
However, with Gramercy Gold, you need to contact them first to know the prices of each product that they offer.
Gramercy Gold also offers gold IRA services. However, it is very unclear as to whether they provide it themselves or they work with a third-party IRA custodian.
They failed to elaborate on this. Their website only talks about "What is a Gold IRA?"
Lastly, Gramercy Gold expanded their services to cryptocurrency. They provide Bitcoin IRAs, but they also offer other types of crypto such as Ethereum, and other Altcoins. It is pretty much like a precious metals IRA, but instead of investing in gold and silver, you invest in cryptocurrencies.
How to buy from Gramercy Gold?
To purchase products from Gramercy Gold, you should fill out a form provided in its website or give them a call.
Unfortunately, the website does not allow its clients to order online like other companies. Moreover, it does not reveal the prices of the products, making it inconvenient for the investors.
Payment Methods and Shipping
Gramercy Gold also did not provide any information regarding its payment methods as well as the shipping process of their products and services.
Chances are, all of these will be disclosed once you contact them. Other precious metal companies are more transparent regarding their products and services, making clients more inclined to do business with them.
Gramercy Gold Reviews and Ratings
This is what surprised me the most. Precious metal companies are usually present in various major review sites like BBB and BCA.
However, at the time of writing this Gramercy Gold Review, the gold company does not have any profiles in these websites, which is quite alarming.
Its Learning Center has information dating back in 2016, which means that they have been in the industry for quite some time. But still, they still seem to be non-existent.
There are a lot of companies out there that received excellent ratings and reviews just like Goldco.
Gramercy Gold Pros and Cons
Is Gramercy Gold a scam?
Let's conclude this Gramercy Gold Review with the answer to this question. There is not enough evidence that the company is a scam. There are no online ratings and reviews or any comments about it. Plus, it did provide a physical address of the company, something that a scam company would not do.
However, the fact that it lacks a lot of vital information in its website and that it is not present in any major review websites, is quite alarming.
Moreover, they lack the transparency and chances are, clients can only know more about them if they contact Gramercy Gold. But this can be quite inconvenient for most of the investments.
I suggest that you look for better companies that have a good reputation and are well-known in the industry.
If you wish to know my top recommendation, check it out below.
Thank you so much for reading my Gramercy Gold Review. If you have any comments or questions, feel free to leave them in the comments section.