Birch Gold Review 2023

Jeremy Biberdorf By: Jeremy Biberdorf Dec 22, 2022
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
birchgold Logo

4.8/5

4.8 rating based on 5 ratings

LEARN MORE

In a nutshell: Birch Gold Group is a precious metals dealer that offers both direct sales and self-directed IRA services.

With a minimum investment requirement of only $10,000, Birch Gold Group’s IRA services make it easy for the average person to diversify their retirement investments using physical assets.

Learn about all the products and services offered by this unique company in our Birch Gold review below.

FeesService Type Promotion
$50 one-time setup fee
$30 wire transfer fee
$100 storage & insurance fee
$100 maintenance fee
Precious Metals DealerNone
Pros & Cons
Pros
  • Low initial investment requirement
  • Four precious metals to invest with
  • $100 storage & insurance fee
  • $100 maintenance fee
Cons
  • You must call for gold prices
  • $30 wire transfer fee

Compare to Other Investment Platforms

Birch Gold Group Logo
4.8 rating based on 5 ratings
4.8/5
LEARN MORE

Fees$50 one-time setup fee

Money Metals Exchange
4.3 rating based on 5 ratings
4.3/5
LEARN MORE

ProductsGold, silver, copper, palladium, rhodium, and platinum

Apmex Logo
4.5 rating based on 5 ratings
4.5/5
LEARN MORE

FeesNo commission fees

Birch Gold is best for…

Collectors who want to obtain physical gold and investors who want to reach their investment goals with precious metals. The platform allows investors to create silver, platinum, palladium, and gold IRAs through the website. They also have purchase options for taking physical possession of the metals.

IRAs can be funded using previously existing retirement funds—via the IRA rollover process—or with a minimum deposit of $10,000. Birch Gold financial advisors help new investors throughout the entire process as they get started with their self-directed IRA.

Birch Gold Group isn’t the only service around that lets you take alternative assets like precious metals and use them to create a self-directed IRA. However, it does have a lower barrier to entry than many, making it a promising option.

The Benefits of Birch Gold

Birch Gold is one of the gold companies that not only sells precious metals, but allows users to establish precious metals IRAs as well. Unlike other platforms, its offerings aren’t limited to purely silver and gold. This precious metals market supports platinum and palladium as well.

If a customer decides that they would like to put their future precious metals purchase into their investment portfolios, Birch Gold will help them create a self-directed IRA. The ongoing costs—which includes a storage fee & custodial services fees—are minimal.

The biggest selling point of Birch Gold is its excellent service and customer support. All investors are assigned their own precious metals experts. This precious metals specialist is available during business hours, and can answer any questions you may have about precious metals investments.

Features

Birch Gold allows anyone to purchase precious metals from their gold market. However, they also offer gold IRAs, which are retirement accounts used to invest in precious metals purchased from the website.

The company has garnered plenty of positive reviews, thanks to the excellent service they provide. Whether you have your metals sent to your home or to a storage facility, your metals are fully insured throughout the journey.

Birch Gold has partnered with two companies—Delaware Depository & Brink’s Global Services—to offer secure storage solutions for investors. If you opt to go with Delaware Depository as your depository, your gold bars and other precious metals will be insured up to $1 billion.

If you choose Brink’s Global Services instead, you’ll be happy to know that asset audits are performed regularly. This will ensure that your holdings remain in compliance with the tax laws as defined by the IRS.

Available Services

Here is a quick overview of the various services currently offered by Birch Gold Group.

Home Delivery Purchases

Whether you simply want to hold a memorable coin—such as the American Gold Eagle coin—in your hands or simply prefer to have a physical possession over your assets, Birch Gold Group offers fully-insured delivery directly to your door.

You’ll be able to create an order of excellent gold coins and other precious metals by calling Birch Gold Group & placing an order. This is also when you’ll find out the current price for each asset. It’s important to note that the minimum purchase requirement is $10,000.

Self-Directed IRA Services

There are three stages to opening a self-directed IRA with Birch Gold: funding the account, selecting your metals, and making the purchase.

The minimum funding requirement is $10,000. You can fund the IRA yourself, or roll over the balance from an existing IRA, 401(k), or other eligible retirement account.

Once the account is funded, you’ll need to select which assets you’d like to add to your IRA. Currently, Birch Group offers gold, silver, platinum, and palladium.

With the assets selected, you’ll need to review and finalize your purchase with your account specialist. They will help you complete all of the required paperwork. Once the purchase has been completed, your assets will be sent to the depository.

Upfront Ongoing Costs

In addition to the initial $10,000 deposit, you’ll also need to pay a one-time $50 setup fee for your IRA. You’ll also be responsible for paying $100 for storage with insurance and $100 for management fees annually. Wire transfers themselves cost $30 per transfer.

If your initial deposit exceeds $50,000, Birch Group will waive the fees for your first year. You can expect an ongoing expense of $200 per year.

Is Birch Gold Right for You?

Based on numerous positive customer reviews and our own research, we think that Birch Gold presents a great opportunity for newcomers to take their first step into the precious metals industry.

The company offers four different options when it comes to making precious metal investments, rather than limiting your investment decision to either gold or silver like many competitors. The minimum funding requirements are very reasonable, but we think $10,000 is a bit high as a purchasing requirement.

Still, if you’re hoping to diversify your retirement portfolio with precious metals investments, Birch Gold is an effective, easy, and safe way to do it. Click here to get started!

More Investing Products Reviews:

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. After working many years in the website marketing industry, he decided to take on blogging full time and also get his finances headed in the right direction. Also check out his contributions to Equities.com and Benzinga.