California Numismatic Investments

We strongly recommend that you thoroughly research and contact a few gold IRA companies before seriously considering investing in gold and precious metals. There are so many horror stories, including fraud, from investors who simply picked a gold IRA company at random for their retirement. Please take your time and read through a few more reviews before you begin your rollover process.

California Numismatic Investments, Inc. are an established supplier of precious metals, specializing in the sale of gold, silver, platinum, palladium and rhodium bullion bars and coins. The company was founded in 1982 in Redondo Beach, CA, where it was based for more than a decade before relocating to its current headquarters in Inglewood, CA in 1986.

The company’s President, Richard, earned his Bachelor of Science from CSULB in 1973, served as the Director of The Professional Numismatic Guild (PNG) for over ten years, and was the President of PNG from 1997-1999.

The FTC and the State of California called Richard as an Expert Witness regarding precious metals and rare coins. Ken, the Vice President, is an experienced precious metals professional and public speaker who has been interviewed by PBS, CNN, and CNBC on issues relating to market situations concerning gold and silver.

If you wish to learn more about their management staff you can pay a visit to their Officers & Key Employees page.

BBB Rating: A+ (Details)

BBB Complaints: 0 complaints in the last 3 years (Details)

BCA Rating: AAA (Details)

BCA Complaints: 0 complaints in the last 3 years (Details)

CitySearch: (5.0 / 5) based on 2 reviews (Details)

Google+: (3.8 / 5) based on 20 reviews (Details)

RipOff Report: Not Listed

SiteJabber: Not Listed

Trustlink: (2.6 / 5) based on 5 reviews (Details)

Yellow Pages: Not Rated (Details)

Yelp: (3.5 / 5) based on 15 reviews (Details)

In addition, California Numismatic Investments also offers independent storage and a diverse range of services, which can be found on their Services page.

California Numismatic Investments advises its clients to set up precious metals IRAs through one of their three  recommended IRA custodians – GoldStar Trust Company, Equity International (Sterling Trust), and New Direction IRA – the latter of which is their preferred custodian. Thus, their IRA-eligible precious metals purchasing cost and cost of stoage in an IRA will depend on the custodian you choose and the annual fees charged.

Investing in gold or other precious metals to be deposited into an IRA account is critical and is meant to serve as a hedge over inflation in period of recession and economic hardship. Hence, even though most dealers recommend devoting around 5% – 20% of your portfolio to precious metals investments, this small fraction could turn out to be the most important in the long-term. Why?

Investors buy precious metals for two primary reasons:

Historically, precious metals hold their value well and they also frequently experience price appreciation during times of economic hardship and recession.

An inverse correlation exists between the price of gold and the value of the U.S. Dollar. When inflation rises and the value of the dollar declines, there is a higher demand for more stable forms of currency (precious metals). With the rise in demand comes a higher price; so the price of gold rises as the value of the dollar worsens.

Hence, with the fact that a precious metals IRA could become the most protective and potentially profitable part of your retirement portfolio, it’s advisable you are wary of all options before purchasing any precious metals or opening an IRA with any custodian. Fortunately, it is now easy for anyone to quickly research the top Gold IRA companies and custodians with our convenient comparisons and in-depth company reviews.

If you’re a representative, associate or owner of California Numismatic Investments and noticed any information in this review that is outdated, full of fallacies, or misguiding, kindly contact us to request corrections or amendments. We strive to provide the most accurate and current information to our readers on a continual basis.