American Hartford Gold Group Review 2023: Risky or Legit?

May 7, 2023

The American Hartford Gold Group Review

Are you interested in investing in precious metals but don't know where to start? This American Hartford Gold Group Review will provide answers to your questions.

 Gold is increasingly being seen as a safe haven for investors, and Gold IRAs offer a convenient way to invest in precious metals while enjoying tax benefits and flexibility.

However, risks pose a threat for most investors. This is why it is important to know the basic information that you need to know about an IRA company to avoid IRA Scams.

If you want to know how legit the American Hartford Gold Group is, know what their ratings are, or even whether their customer support is helpful, let's get started!

All About American Hartford Gold Group

Name: The American Hartford Gold Group

Website: americanhartfordgold.com

CEO: Sanford Mann

Account minimum: No minimum contribution amount

Fees: Varies

Rating: 4/5

The American Hartford Gold Group Review logo

What is The American Hartford Gold Group?

The American Hartford Gold Group is a company that specializes in precious metal investments, particularly gold and silver. They offer a range of products and services, including coins, bars, rounds, and precious metal IRAs

The company is a family-owned business and has been established since 2003. Headed by its CEO Sanford Mann, they have built a strong reputation within the precious metals industry.

This firm aims to help people with diversifying their investments and retirement plans with precious metals. With their experts, customer service, website and publications, they can deliver the essentials to help people protect and improve their retirement funds.

If you are new to this industry, this firm certain companies is one of those that really value education and make sure that their clients understand well what they are going into.

American Hartford Gold Group Management

One important information that you need to know when choosing for a Gold IRA firm is their management and team. This is crucial because you want company transparency and eliminate risks of being scammed.

The following are members of the American Hartford Gold Group executives: 

  • Sanford Mann: Founder and CEO
  • Mark Davis: Senior Portfolio Manager
  • Roger Scimé: Senior Vice President of Sales and Business Development
  • John Szramiak: Director of Business Development
  • Eric Weschke: Director of Precious Metals Operations
  • Mark Attanasio: Senior IRA Specialist
  • Jeff Thomas: Numismatic Director

Them, along with other experts and employees is committed to providing excellent customer service and knowledgeable support to assist their clients in making informed investment decisions.

American Hartford Gold Group Services and Products

The American Hartford Gold Group has a wide range of products and services to offer. One of the most popular products offered by the company are gold, silver, and platinum, in the form of coins and bullion.

They help you by handling the setup and administration of IRA accounts. This program offers a way to diversify one's retirement portfolio with precious metals while enjoying tax benefits.

Aside from these, the company also offers a wide variety of coins, including American Eagles, Canadian Maple Leafs, South African Krugerrands, and many others like numismatic coins, which are coins valued for their rarity and historical significance. 

The best service that I think this company gives is their free educational lessons. They offer articles, guides, and videos that cover information about precious metals and the benefits of it in terms of diversifying your portfolio.

How To Open Your "Gold IRA" Account?

The American Hartford Gold Group Review Starting a Gold IRA account

There are two ways for you to start the application for your Gold IRA account. You can call American Hartford Gold Group yourself, or you can fill out a form provided on their website.

After speaking to your IRA Product Specialist and deciding what type of Gold IRA account you want to open, you can fund your account or start your rollover (in case you have an existing IRA account).

Afterwards, the specialist will then help you choose the best products for your Gold IRA account. You can choose from gold, silver, platinum or palladium. You can work with one of their IRA specialists to choose the right products for your investment goals.

Once you have purchased your precious metals, the American Hartford Gold Group will arrange for secure storage of your metals in an IRS-approved depository.

American Hartford Gold Group offers a straightforward and hassle-free process for opening and managing a Precious Metals IRA account. Moreover, you can liquidate your precious metals after 59.5 years of age. You can also cash out or simply take possession of these metals.

The American Hartford Gold Group Review Top Investments Precious Metals

Source: Retirementliving.com

Gold IRA Storage Options

The American Hartford Gold Group Review Storage Options

Gold IRAs hold physical precious metals. It's a requirement to store them in an IRS-approved depository. Above are the options that you can choose.

The American Hartford Gold Group works with several custodians, including Equity Trust, New Direction Trust Company, and GoldStar Trust Company. Each of these custodians has a proven track record of providing reliable and secure IRA custodial services.

The depository is responsible for physically storing your precious metals in a secure, insured facility that is approved by the IRS. Depositories charge a storage fee. This varies by company. However, it averages around $75 per year.

However, the American Hartford Gold Group recommends Brinks Global Services or Delaware Depository Service Company, which are both renowned in the industry.

American Hartford Gold Croup Costs and Fees

This is one thing that I like about The American Hartford Gold Group. They do not charge any fees for starting an account or doing a rollover. Moreover , they do not charge you for shipping and tracking fees.

That said, Like any investment, there are costs and fees associated with opening and maintaining a Precious Metals IRA with the American Hartford Gold Group. Here are some of the costs and fees you can expect:

  • The American Hartford Gold Group charges an account setup fee, which covers the administrative costs associated with opening your IRA account. This fee can vary depending on the type of account you are opening and the amount you are investing.
  • The American Hartford Gold Group also charges an annual maintenance fee for managing your IRA account. This fee covers the cost of storing your precious metals, providing account statements and updates, and other administrative tasks. The annual maintenance fee can vary depending on the value of your account and the storage option you choose.
  • If you choose to store your precious metals in an IRS-approved depository, there will be storage fees associated with this service. The storage fees can vary depending on the storage option you choose and the amount of metal you are storing.
  • When you purchase precious metals for your IRA account, there will be additional costs associated with the products you select. The American Hartford Gold Group offers competitive pricing on a wide range of IRA-approved precious metals, including coins, bars, and rounds.

Usually, Gold IRA storage fees are waived for up to three years or more, which depends on the size of the account and the number of precious metals.

Another plus: The American Hartford Gold Group does not have a minimum contribution amount for your Gold IRA account!

Buyback Commitment

Most precious metals firms do not have a buyback program. Luckily, the American Hartford Gold Group is not one of them!

It has a buyback commitment that gives its clients the opportunity to sell back their precious metals without any additional fees.

All you have to do is simply contact the company to discuss the buyback. Afterwards, the American Hartford Gold Group will take care of the shipping of your precious metals and send you your check.

An account executive will verify your eligibility for the buyback program. If you are eligible, you can actually save a lot of money on fees (with the addition of convenience!).

Customer Service

The American Hartford Gold Group values how they serve their clients, making sure that they truly understand the industry. With that, they provide a lot of useful information in their website such as:

  • Real time prices for each precious metal
  • News articles about the gold market
  • Price charting tools for precious metals
  • Fact sheets and analysis by experts about gold and silver

Moreover, you can always contact them if you need to ask questions or assistance.

Reviews and Complaints (2023 Update)

2023 Update: Below are the ratings and reviews from both customers and industry experts regarding American Hartford Gold Group at this time of writing.

  • BBB - 4.91/5 rating, A+ rating, BBB accredited since 2016 with 177 reviews. hich is the highest rating possible. The company has been accredited by the BBB since 2013 and has received positive reviews from customers.
  • BCA - AA rating with 8 reviews
  • Google My Business - 4.9/5 rating with 411 reviews.
  • Trustpilot - 4.9/5 rating with 1078 reviews. The company has received praise for its customer service, transparency, and knowledgeable staff.
  • Trustlink - 5/5 rating with 2 reviews

So far, American Hartford Gold Group has good ratings and reviews. However, as with any investment, it is important to conduct your own research and due diligence before making any investment decisions.

Pros and Cons

Over the years, the company has been proven which has helped to establish its reputation as a trusted precious metals dealer and IRA provider. Here are some pros and cons of working with The American Hartford Gold Group:

Pros

  • BBB Accredited
  • A lot of positive reviews
  • Excellent customer service
  • Complete disclosure of fees before finalizing the sale
  • Buyback program
  • Wide range of products
  • Offers a Gold IRA service

Cons

  • Prices are not included in the website catalog (yikes)
  • No online shop
  • Not all ratings are positive

Is The American Hartford Gold Group Legit?

To summarize this American Hartford Gold Group Review and give you answers to your questions, The American Hartford Gold Group is not a scam. It's a legit family-owned business offering precious metals and Gold IRA services.

One of the primary factors that suggest the legitimacy of the American Hartford Gold Group is its long-standing history. The company has been operating for almost two decades, and this kind of longevity indicates that they have been able to provide reliable services to their customers.

Additionally, they have an A+ rating with the Better Business Bureau, which further demonstrates their commitment to transparency and customer service.

Furthermore, the American Hartford Gold Group takes pride in transparency and provides detailed information about their products and pricing to help them understand the markets and investment opportunities.

Thank you so much for reading my The American Hartford Gold Group Review! If you have any comments, questions or experiences with them, feel free to share down below in the comments section!

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Anis is a digital marketing expert that enjoys writing blogs and helping people avoid scams online; he is passionate about investing in real estate and gold; in his free time, Anis loves playing football, going to the gym, and hanging out with friends.


By the way, if you are tired of scams and want to invest with a legit gold company, check out my 6 top legit gold IRA companies of 2024!

Anis

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  1. Anis:
    All I really want to know at this point is: what's YOUR connection to GOLDCO? Since you recommend this company as the "top" company to deal with if one is considering getting into buying gold, I just want to know if you've got any "personal" ties to this company.

    1. Im going to be honest here, I did not invest in Goldco myself so I dont have personal experience of it, Im recommending them to people who want to invest and I do make a commission off that without affecting your investment at all, but I do assure you that its verified that Goldco is a trustworthy company, I know close people that are doing well with it moreover I verified that and I did tons of research, with that said, I only promote companies that I highly trust, thats also an important factor to make commissions anyway.

  2. A gold buy back program is a plus – but Hartford does not state the details. Is the buyback offer below the purchase price on average? Also, what fees are associated with a buy back?

    1. Hello, Walter. Thank you for your interest in reading the review. As for your question, yes, Hartford did not provide any specific details on the buyback. However, upon reviewing a lot of companies, I have found that buyback programs usually base their pricings on the spot price of the precious metals. It will just depend on the time when you transact with the company. Moreover, Hartford has stated that they DO NOT charge any liquidation fees. So you don’t have to worry about paying for any fees. All you need to do is to call them and when the price is locked in, they will send you the details for the shipping, as well as your payment.

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