BBB Rating: B-, with over 60 complaints closed in the past 3 years, 8 closed in the past 12 months
Backed by solid industry experience that spans more than 50 years, and offering an extensive selection of precious metals investment options, Goldline is considered to be among the well-established Gold IRA companies in operation today. As a private company located in Santa Monica, California, Goldline specializes in gold and precious metals trading. Goldline International Inc. was first established in 1960 as a subsidiary of Deak & Co., a gold retailer firm that rose to prominence between the 1970s and 1980s. Deak International Goldline Ltd. adopted a new name as Goldline International in 1992 and achieved more growth over the succeeding years as it obtained Gold and Silver Emporium assets in 1994, and proceeded to acquire Dreyfus Precious Metals Inc. in 1998.
Exceptional Industry Experience
Goldline caters to the investment goals and requirements of investors and collectors alike, facilitating the retail selling of gold, silver, and platinum coins and bars. As of 2010 data, the company employs more than 350 investment professionals and account executives, all of whom are fully trained to cater to client requests and inquiries six days per week. Due to the extensive investment options available from this gold IRA firm, it’s not difficult to see why it has been able to build a solid client base over a long period of time. Prospective clients can choose from an array of precious metal investment options, as well as purchase collector’s coins and rare currencies. With the Price Guarantee Program offered by Goldline, furthermore, investors are provided a buffer against price fluctuations as long as these take place no later than a week after the purchase of the precious metals. This provides an added security when investing in gold or any other precious metal, bars or coins with the company, as price differences are refunded in case of a price reduction within a single week. The company has also been well-endorsed by several personalities in the past, including the late Congressman Jay W. Johnson who spoke for the company from June to October 2009. Goldline has posted a total estimate of $825 million in sales revenues for 2010. This California-headquartered company has also been labeled as the 6th fastest growing company in Los Angeles County for the same year.
BBB Ratings and Customer Feedback
Nonetheless, choosing a Gold IRA company should also entail verifying its accreditation status and ratings by the BBB. The Better Business Bureau provides accreditation to qualified businesses and companies and also lists the number of complaints resolved within a period of 12 months to 3 years. In the case of Goldline International, it has obtained a most recent rating of B- from the BBB, with a total number of 60 and 8 complaints resolved in the past 3 years and 12 months, respectively.
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