Investment Rarities Inc Review: Trusted Gold Investment?
Investors seeking transparency and detail in a review of Investment Rarities Inc need look no further. We delve into the company’s track record in the precious metals industry, offering insights into its products, fees, and customer satisfaction levels. Discover what you need to know with our clear and direct investment rarities inc review.
Key Takeaways
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Investment Rarities Inc, established in 1974, specializes in gold and silver investments, having facilitated over $3 billion in transactions evidencing its market credibility.
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The company provides a comprehensive range of products, including coins and bars along with precious metals IRAs, supported by educational resources and a partnership for secure storage and shipping solutions.
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With a positive A+ BBB rating and a lack of significant customer complaints, Investment Rarities Inc is considered a trusted and reliable entity within the precious metals market.
Investment Rarities Inc: Company Overview
Investment Rarities Inc, a precious metals company, was established in the early seventies, precisely in 1974. Since its inception, the company has focused on supplying superior gold and silver products to both investors and collectors. The company’s extensive experience in the market, spanning over five decades, has allowed it to refine its services and establish a strong reputation among its clients.
Specializing in gold and silver coins, Investment Rarities Inc has managed transactions exceeding $3 billion since its establishment, making it a significant player in the precious metals industry. This impressive sales volume is a testament to the company’s credibility and the trust its clients place in its services.
Investment Rarities Inc provides an array of investment possibilities for those considering diversifying their portfolio with precious metals. From the novice investor taking their first steps into the world of precious metals to the experienced collector looking for rare and valuable pieces, the company caters to a wide array of clients.
Precious Metals Market
The global precious metals market is experiencing steady growth, with a projected compound annual growth rate (CAGR) of 6.8% from 2022. Several factors contribute to this growth, including the escalating demand from diverse industries and the attractive investment prospects presented by precious metals. As the market value of precious metals continues to rise, so does the demand for precious metals Individual Retirement Accounts (IRAs).
At the heart of this market are gold, silver, and platinum, including numismatic coins. Unlike traditional investments, these metals do not generate income for the holders and may involve storage costs. They can be purchased on an unallocated basis through a bank or intermediary, allowing the buyer to hold the metal while the bank retains control. This distinct aspect of the precious metals market paves the way for investors to diversify their portfolio and safeguard against economic uncertainties.
Better Business Bureau Rating
Investment Rarities Inc, exhibiting a strong dedication to customer satisfaction, boasts an A+ rating from the Better Business Bureau (BBB). This rating signifies that the BBB has confidence in the business’s ability to interact positively with its customers, making Investment Rarities Inc a trusted precious metals dealer.
Notably, there are no specific customer complaints or issues mentioned that have affected Investment Rarities Inc’s Better Business Bureau rating, which is important for a company offering precious metals IRAs. This underscores the company’s dedication to providing high-quality services and resolving any customer concerns promptly.
Products and Services Offered by Investment Rarities Inc
Investment Rarities Inc offers an extensive array of products and services. The company’s offerings are designed to cater to different investment needs, whether you are an individual investor looking to diversify your portfolio with precious metals or an avid collector in search of unique pieces.
At the forefront of the company’s offerings are gold and silver coins, such as one-ounce silver coins featuring a Walking Liberty design struck by the U.S. mint and 1,000 ounce silver bullion bars. These products provide investors with a tangible, valuable asset, acting as a buffer against market fluctuations.
In addition to these tangible assets, Investment Rarities Inc also facilitates precious metals IRA investments within their services. By partnering with GoldStar Trust Company, the company enables clients to utilize a self-directed Individual Retirement Account to invest their retirement savings in gold and silver. This unique service blends the benefits of precious metals investments with the tax advantages of an IRA, offering a comprehensive solution for investors looking for diversification.
Gold Coins
Investment Rarities Inc’s portfolio of gold coins spans across various denominations and designs. The company provides a wide range of gold coins, such as:
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Canadian Gold Maple Leaf
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Canadian Silver Maple Leaf
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Liberty Head $20 Double Eagle
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St. Gaudens $20 Double Eagle
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U.S. Gold Coins
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U.S. Gold Eagle
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Austrian Philharmonic
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Krugerrand
Each coin offers a unique blend of historical significance, aesthetic appeal, and intrinsic value, making them an attractive option for both investors and collectors.
Among the gold coin offerings, the American Gold Eagles stand out. These coins are distinguished by:
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Their unique composition of a gold alloy containing 91.67% gold, distinguishing them from other gold coins like the Gold Buffalos, which are crafted from pure 24-karat gold.
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Their intricate design.
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Their reliable backing from the U.S. government.
These characteristics make American Gold Eagles a favorite among many investors.
Silver Coins
In addition to gold coins, Investment Rarities Inc also offers a selection of silver coins. These include one-ounce silver coins newly struck by the U.S. Mint, featuring the iconic Walking Liberty design, signifying a superior level of craftsmanship. These coins offer an affordable entry point into precious metals investment and are widely recognized and backed by governments, making them a reliable investment.
Investing in silver coins also comes with certain advantages over other forms of silver investment. Despite being generally more expensive than silver bars due to their higher production costs, these coins offer the advantage of being widely recognized and backed by governments. For those interested in acquiring these coins, Investment Rarities Inc has a dedicated phone line where individuals can explore the selection of silver coins, including the U.S. Silver Eagles.
IRA Services
In partnership with GoldStar Trust Company, Investment Rarities Inc offers self-directed IRA services. This enables clients to invest their retirement savings in gold and silver, providing an alternative to traditional investments such as stocks and mutual funds.
The costs linked to a self-directed IRA with Investment Rarities Inc consist of a gold IRA account setup fee of $50 and an annual maintenance fee that varies from $75 to $225. Despite these costs, the opportunity to diversify one’s portfolio with precious metals and the potential for long-term growth make these services an enticing option for many investors.
Storage and Shipping Solutions
Investment Rarities Inc acknowledges the significance of secure storage and dependable shipping for precious metals. As such, the company provides secure storage solutions through a partnership with Brinks, a global leader in secure logistics. This arrangement ensures the safe storage of customers’ silver investments, giving investors peace of mind.
The company also manages the logistics of shipping precious metals to customers. It charges a storage and shipping fee of $1.00 per $1,000 of the value of the precious metals, with a minimum fee of $100. This flexible and cost-effective solution caters to the needs of different clients, whether they are making small purchases or large investments.
Pricing and Fees
One aspect where Investment Rarities Inc could improve upon is its transparency when it comes to pricing and fees. The company does not publicly disclose the pricing information for their silver coins on their website. Interested customers are encouraged to contact the company directly to obtain pricing details.
In terms of fees, the company applies:
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A one-time account setup fee of $50 for IRA services
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An annual maintenance fee ranging from $75 to $225
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An annual storage fee that is determined by the value of the precious metals stored, with a minimum fee of $100
While these fees are an essential part of the company’s operations, a more transparent disclosure could help potential clients make more informed decisions.
Customer Reviews and Testimonials
Customer reviews for Investment Rarities Inc predominantly express positive sentiments, reflecting contentment with the company’s services and long-standing history. Many customers frequently express positive feedback regarding the company’s credibility, significant sales volume, and extensive establishment since 1974. This positive feedback underscores the company’s commitment to customer satisfaction and the quality of its services.
While every company has its fair share of complaints, there is a lack of specific common complaints about Investment Rarities Inc from customer reviews. The company’s favorable rating with the BBB indicates a general absence of significant customer grievances. This suggests that the company is responsive to customer concerns and committed to resolving any issues promptly.
Alternatives to Investment Rarities Inc
While Investment Rarities Inc offers a comprehensive range of precious metals investment services, there are also alternative companies that provide similar services. These include:
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Goldco
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Augusta Precious Metals
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American Hartford Gold
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Birch Gold Group
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Noble Gold Investments
These companies each have their unique offerings and advantages, providing investors with a variety of options to choose from.
Some companies that offer alternative approaches to precious metals investment include:
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American Hartford Gold, which provides a diverse range of gold and silver products, exceptional customer service, and a simplified procedure for initiating a gold IRA.
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Goldco, which specializes in gold IRAs and allows investors to purchase physical gold or silver instead of stocks.
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Investment Rarities Inc, which offers gold IRAs and focuses on silver investments as well.
Each of these companies presents a viable alternative for those looking for a different approach to precious metals investment.
Educational Resources and Support
Investment Rarities Inc is dedicated to both delivering superior investment services and enlightening its clients about the realm of precious metals. The company offers a range of educational resources, such as market insights and economic commentary, with a specific emphasis on educating investors about precious metals investments.
Additionally, the company provides two complimentary books focused on silver and gold for clients within the US. These books serve as investment guides and educational resources, helping clients make informed decisions about their investments. Alongside these resources, clients can access market analysis through the bi-monthly James Cook Market Update newsletter, featuring insights from distinguished silver expert Ted Butler.
The Team Behind Investment Rarities Inc
At the helm of Investment Rarities Inc is its founder, Jim Cook. With over thirty years of successful business experience, particularly demonstrating a strong operational acumen for global operations, Jim’s leadership has been instrumental in the company’s growth and success.
Another key figure in the company is Ted Butler, an independent analyst with a primary focus on silver. Ted’s specialized knowledge in the silver industry provides profound insights into the precious metals market, with a specific focus on the complexities of silver investment. The expertise of these two individuals holds great significance for Investment Rarities Inc, offering valuable insights and expertise that benefit clients.
Is Investment Rarities Inc Legitimate?
Investment Rarities Inc is a valid and esteemed entity in the precious metals industry. Established in 1974 by Jim Cook, the company has grown to become a prominent dealer in silver and gold, earning a reputation as one of the nation’s leading companies in this sector. Its long history and significant sales volume speak volumes about the company’s credibility and the trust it has earned from its clients.
Further cementing its legitimacy, Investment Rarities Inc has been accredited by the Better Business Bureau (BBB). This accreditation is a testament to the company’s commitment to maintaining high standards of business practices and customer satisfaction, making it a reliable choice for investors and collectors alike.
Summary
Investment Rarities Inc stands as a beacon in the precious metals industry, offering a diverse range of products and services. From gold and silver coins to IRA services, the company caters to various investment needs. With a long history, a strong reputation, and an A+ rating from the BBB, the company has proven its reliability and commitment to customer satisfaction.
Investing in precious metals presents a unique opportunity to diversify one’s portfolio and hedge against economic uncertainties. Whether you are a novice investor taking your first steps into the world of precious metals or an experienced collector in search of unique pieces, Investment Rarities Inc offers the products, services, and expertise you need to navigate this exciting market.
Frequently Asked Questions
Is it smart to invest in precious metals?
Investing in precious metals like gold and palladium can be a smart move due to their stability, intrinsic value, and potential to hedge against inflation and bring diversity to a portfolio. However, they may not be suitable for investors seeking current income and may incur storage costs.
What is the best precious metal to invest in?
Gold is the best precious metal to invest in due to its reliability for wealth preservation, while silver offers affordability and industrial uses. Platinum and palladium can provide diversification and potentially higher returns, but with increased volatility and limited investment options.
What is the best way to buy precious metals?
The best way to buy precious metals is by purchasing bullion forms such as coins, bars, rounds and ingots, which can be directly bought from local currency exchanges or reputable online dealers. This ensures that you have tangible assets as part of your investment.
What types of precious metals does Investment Rarities Inc specialize in?
Investment Rarities Inc specializes in gold and silver coins, catering to those interested in precious metal investments.
What is the current status of the precious metals market?
The precious metals market is currently experiencing steady growth, with a projected CAGR of 6.8% from 2022.