Bear Lake Gold has conducted this Golden State Mint Review to give our expert view on the precious metals company. Unlike other Golden State Mint Reviews online, we intend to give you accurate and manually validated information about Gold State Mint. This review will cover various aspects of the company, like its leadership team, bullion offerings, gold IRA services, cost and fees, pros and cons, promotions, etc.
After reviewing the information we have provided about Golden State Mint, you will know whether it will be in your best interest to invest in precious metals or open your gold IRA account through this precious metal dealer.
We conducted this review process using our standard gold dealer review methodology. As part of the review process, we contacted vital players in the organization to ask them questions about the various aspects of the precious metals dealer. Some of the people we contacted are clients who have done business and are still doing business with the company and their customer service team members.
The answers we got from interacting with these people helped us form an unbiased opinion about the company. Unfortunately, the answers these people gave us about the company could not make us rate the company as one of the top ten gold companies in the United States.
Bear Lake Gold is a company that specializes in reviewing gold IRA companies to provide you with the best ones to invest in precious metals through. Through the years, we have reviewed hundreds of companies to help our readers identify the most suitable and ethical for doing business.
The top five gold companies for doing business in the United States are:
- Augusta Precious Metals
- Goldco
- American Hartford Gold
- Birch Gold Group
- Noble Gold Investments
We rated these companies as the top five because they had excellent features and outstanding ratings on trusted consumer rating websites when we reviewed them. Hence, many United States investors use them to meet their precious metals investment needs and goals.
We have put the fantastic details we found about these companies in five separate review guides. They can be yours for free if you click their links and submit your details.
Overview of Golden State Mint
Golden State Mint has been a precious metals dealer in the gold and silver industry since 1974. The company has been known for minting and refining different precious metals.
Golden State Mint is a reputable precious metal company and private mint with over 50 years of experience in the industry. The company is family-owned and prides itself on its excellent artistry and customer service. Golden State Mint is a member of reputable precious metals metal bodies like the American Numismatic Association (ANA)
Currently, the precious metals dealer is based out of Sanford, Florida. However, its local operations are in Central Florida. In addition, the company’s primary business operations extend to North America and then globally.
According to one of the Golden State Mint representatives we spoke to, the company’s central aim is to meet the minting needs of its clients while delivering complete reliability and confidence.
To meet this goal, the company produces precious metals in high volumes to meet their customers’ needs. It provides fast delivery while offering the industry’s most competitive precious metal prices.
Golden State Mint’s precious metal creations are shipped from the company directly and are brand new. In other words, they do not sell second-hand precious metal commodities or products already circulating in the market.
We tried to corroborate what the representative told us with the information on the company’s website. When we checked the Golden State Mint website, we discovered that the company assures its clients that every product from Golden State Mint will give them 100% satisfaction. It also stated that it mints new coins, bars, and rounds in beautiful designs.
Who Owns Golden State Mint
Andrew Pavlakos
When we checked the company’s website for details about its leadership team, we could not find any information about its owner and other members of its management team. However, the company’s LinkedIn page mentions Andrew Pavlakos as the owner of Golden State Mint.
What is Golden State Mint Selling?
Golden State Mint sells various precious metal coins and bars. The categories of precious metals on the company’s website are:
- Gold
- Silver
- Platinum
- Copper
- Palladium
Most of the products in the gold, silver, and platinum categories are IRA-eligible precious metals. Some of the IRA-eligible precious metals you will find in the company’s inventory are:
- Gold Australian Kangaroo
- Canadian Gold Maple Leaf
- Gold Canadian Maple Leaf
- Gold Austrian Philharmonic
- Gold American Buffalo
- American Gold Eagle
- Silver American Eagle
- Silver Canadian Maple Leaf
- Buffalo Silver Round
- Litecoin Silver Round
- 1 oz Saint-Gaudens Silver Round
- Copper Rounds
- Gold Rounds
Please note that the Golden State Mint sells platinum bars. In addition, they rarely have palladium products. Hence, even though they list it as part of the precious metal categories, you may not find any palladium product available for sale under the category.
Golden State Mint Cost and Fees
Precious Metals
Golden State Mint offers its clients and visitors multiple tools to help them keep an eye on the ever-changing prices of precious metal products. You can access these tools through the company’s website.
One of the tools is the Price Monitor or Price Tracker Tool. This tool lets you see the real-time updated gold, silver, platinum, and palladium prices. In addition, you can set up price notifications to get alerted about precious metals price movements using these tools.
Another fantastic tool that Golden State Mint offers its customers and visitors is the Price Graph tool. This tool gives you insights into the fluctuation of gold and silver prices throughout history. You can view these fluctuations as daily, weekly, monthly, and yearly graphs.
Shipping
The company ships every order above $99 free of charge.
Precious Metals IRA
The company partners with Equity Trust Company to provide precious metals IRA services for its clients. The table below shows Equity Trust Company’s IRA fees.
| IRA Services | Fees |
| Account set-up fee | $50 |
| Annual segregated storage fee | $150 |
| Annual non-segregated storage fee | $100 |
| Annual maintenance fees | A starting price of $255 |
You can pay for Golden State Mint’s products and services through various payment options like Paypal, Discover Credit Card and Debit Card, Security Bank Wire, Visa, Mastercard, or check.
Products and Services Offered by Golden State Mint
Physical Precious Metals
The company sells non-IRA-approved and IRA-approved precious metals in different forms, shapes, and weights. Its inventory shows investment-grade precious metals you can buy from the company, such as silver coins and bars, silver rounds and gold bullion rounds, gold bars and coins, platinum and palladium coins and bars, collectibles, etc.
Golden State Mint sells precious metal investments under the following categories.
- Gold
- Platinum
- Silver
- Antique Silver
- Palladium
- Indian Collectible Coins
- Copper products
- Chinese Zodiac Coins
Supplies & Accessories
Aside from precious metal products, you can buy various accessories and supplies from the company. Some of the products you will find under this category on the company’s website include:
- Bar Direct Fit Capsules
- Medallion Coin Tube
- Air-Tite Ornament Capsules
- Coin Presentation Box
- Velvet Coin Bags
Precious Metals Minting
The company also offers precious metal minting services for its clients. This service refers to stamping raw metals into various coin designs and shapes. Below are some of the minting services that Golden State Metal provides.
- Gold Minting
- Copper Minting
- Silver Minting
- Palladium Minting
- Buffalo Collector’s Items
- Platinum Minting
- Precious Metals are minted into the shapes of Bitcoin, Ethereum, and other cryptocurrency logos.
Gold IRA & Other Precious Metals IRAs
Golden State Mint offers its interested clients gold and other precious metals IRA. The company partners with Equity Trust Company to offer this service. Below are the precious metal IRA services that Equity Trust offers.
- Gold IRA
- Palladium IRA
- Platinum IRA
- Silver IRA
- Crypto-Backed Precious Metal IRA
Shipping
As mentioned, Golden State Mint offers free shipping for all orders above $99. However, orders below $99 will attract a shipping cost based on your preference. The company offers its clients various shipping options to suit their preferences.
Golden State Mint will ship your orders with full insurance coverage while in transit. Hence, you can be confident that your products are safe and secure.
Furthermore, the company also does international shipping. If you want your products shipped outside the United States, contact the Golden State Mint customer service department to facilitate the process.
The table below shows the various shipping options Golden State Provides for customers who want to ship their products to locations in the United States.
| Shipping Options | Delivery Duration |
| Standard Shipping | 4 to 7 business days |
| Expedited Shipping | 2 to 3 business days |
| Overnight Shipping | 1 to 2 business days |
Immediately after the company sends your products for shipping, it will send you a confirmation email. This email carries the tracking number of your shipment. You can constantly check the status of your order by logging into your account on the Golden State Mint website.
Golden State Mint Complaints, Online Reviews, and Ratings
BCA
- No ratings
- No reviews
- No rating
- No review
Golden State Mint Promotions
Golden State Mint does not offer its clients any promotions now. Suppose you want to buy gold coins, silver bars, and other precious metals or open a gold IRA account through a company that offers fantastic promotions. In that case, you can purchase precious metals through Goldco. Goldco will give you $10,000 in free silver when you open a precious metals IRA account with them and qualify for an IRA rollover.
Golden State Mint Pros and Cons
Pros
- They have over 50 years of experience in the precious metals industry.
- They sell a wide variety of precious metal products.
- They mint their precious metal products.
- They have an A+ rating on BBB (Better Business Bureau).
- They have an excellent customer service department.
- They offer free shipping for orders above $99.
- They offer various payment methods.
- They do not sell second-hand precious metals.
- They offer precious metals IRA services.
- They ship products locally (within the United States) and internationally.
Cons
- They barely have palladium products.
- They do not have many reviews on trusted consumer rating websites.
- They have no mention of storage companies that they partner with.
Conclusion
To conclude this Golden State Mint review, Bear Lake Gold would like to give its final opinion about this precious metal dealer. If you have been asking, “Is Golden State Mint a scam?” The truth is that the company is not a scam. It is a privately owned precious metals dealer and mint that has been doing business in the industry for over 50 years. In addition, it offers gold IRA services.
However, we would not recommend this company for your precious metal investment because of its relatively small number of customer reviews. For a company that has been in the industry for over 50 years, the lack of customer reviews may indicate that clients are unhappy with its business practices and operations.
Suppose you live in the United States, care about your investment needs, and want to invest your funds in precious metals through a company with proven track records and thousands of positive customer reviews. In that case, we recommend doing business with any of our top five Golden State Mint alternatives.
These companies are known for their excellent customer services, comprehensive precious metals inventory, competitive prices, and thousands of positive feedback and ratings on trusted consumer rating websites.
To learn more about our top recommendations and how to start your precious metals investment journey with any of them today, please click their relevant links to download their updated 2023 gold investing kit.
Our Recommended Golden State Mint Alternatives
Augusta Precious Metals
Read full Augusta’s review here.
Features
- Most trusted bullion dealer.
- Award-winning recognition for account lifetime customer service Money magazine’s “Best Overall” and Investopedia’s “Most Transparent” in 2022.
- They offer exceptional service.
- Experienced professionals and financial advisors to help you make the ideal financial decision.
- The only gold IRA firm with ZERO complaints at BBB, BCA since launching in 2012.
- Thousands of 5-star ratings and positive reviews from customers.
- Must-watch: Free web conference with an excellent focus on consumer education.
- Endorsement by high-income customers, including corporate ambassador Joe Montana, whose team chose this company for him.
Goldco
Read the full Goldco review here.
Features
- 2nd Ranked Gold IRA dealer.
- Offers a wide range of gold and silver bullion.
- Top reviews and ratings from BCA, Trustpilot, and other third-party review sites and excellent customer reviews.
- Biggest promotions in the industry.
- Best buyback program.
- No high-pressure sales tactics.
- Most competitive pricing.
- Works with the most secure storage companies.
- Dedicated expertise in precious metals.
- Excellent customer service.
American Hartford Gold Group
Read the full Hartford review here.
Features
- Easy-to-open silver palladium IRA accounts with competitive rates.
- Free storage, maintenance, and insurance for up to 3 years.
- Physical gold and silver will be delivered to your front door at no additional cost.
- A hassle-free process to buy back your precious metals with no fees.
- They do not share your information with any private or public entity.
Birch Gold
Read the full Birch Gold review here.
Features
- Top ratings from national consumer agencies.
- Opportunity to invest in palladium and platinum.
- For investments above $50,000, there is no fee in the first year.
- Exceptional customer service, support, and advice.
- A strong market presence and a history of 20 years.
Noble Gold Investment
Read the full Noble Gold review here.
Features
- They have high ratings on more than one trusted customer rating site.
- Their team of investment experts will guide you to make the perfect choice for your gold investments.
- They offer competitive prices.
- They have a wide selection of gold and silver investments.
- Their minimum initial investment is $2000.
- They give their customers a free gold IRA guide.
- They have their IRS-approved storage facility in Texas.