Colorado Gold Review

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Colorado Gold is a family-owned precious metals dealer that has been operating for over 46 years. Founded by Don, who retired in February 2015, the business is now run by his children: Melissa in Upstate New York, David in Wisconsin, and Morgen on the West Coast.

They work from home offices across three time zones, source through A-Mark Precious Metals (one of the world's largest distributors), and charge a flat 1% commission on all purchases. No salespeople, no retail showroom, no markups on top of the price you see listed. That's the model. And in the precious metals space, it's a notably clean one.

Key Takeaways

• Colorado Gold charges a flat 1% commission (lower for large orders), which includes insured shipping, with no hidden markups.
• The company holds an A+ rating from the Better Business Bureau and has served tens of thousands of customers over four decades.
• Colorado Gold operates as a broker through A-Mark Precious Metals, not a coin shop, so prices listed on the site are the prices paid at time of order.

Who Is Colorado Gold?

Colorado Gold is not a coin shop. That distinction matters. Coin shops and numismatic dealers buy wholesale and sell retail, often marking up products by 30% to 50% or more.

Colorado Gold operates as a broker, placing orders through A-Mark Precious Metals on the customer's behalf. The price on the website is the price paid at the moment the order is confirmed and a trade number is issued. Once that trade number is given, the price is locked in regardless of where the market moves in the hours or days that follow.

The business has no employees outside the three siblings. Calls are answered directly by Melissa, David, or Morgen, all recorded for accuracy. There is no answering service, no call center, and no one calling customers unsolicited. If a customer wants something, they call.

Products Offered

Colorado Gold deals exclusively in bullion: gold, silver, platinum, and palladium. They do not sell numismatic or rare coins, which the company describes plainly as a poor investment vehicle.

Products include coins and bars in various sizes across all four metals. A few examples currently listed on the site:

If something is not listed on the site, customers can call and request it. Colorado Gold can source nearly any standard bullion product through A-Mark. Orders ship via FedEx with signature required, insured, directly from a bonded vault in Las Vegas.

USPS registered mail is available on request, though shipments go out considerably slower and tracking updates less frequently.

Pricing and Commission Structure

The commission tiers are straightforward and worth knowing before placing a first order:

• Orders under $50,000: 1% commission, insured shipping included
• Orders $50,000 to $99,999: 0.75% commission, insured shipping included
• Orders $100,000 and above: 0.5% commission, insured shipping included

There are no hidden fees layered on top. The prices shown on the website include that 1% commission. When the price goes up or down between placing the order and settlement, the price agreed upon at trade confirmation is the price paid.

This is how commodity brokers operate, and Colorado Gold runs a transparent version of that model.

Selling back is also available. Colorado Gold charges no commission on buybacks, though there is a $25 sell fee and the customer covers return shipping. That's a reasonable arrangement for a low-overhead operation.

Payment and Ordering Process

Getting started requires filling out a client agreement on the website. After that, orders are placed by phone. Payment options are limited but standard for this type of dealer:

• Wire transfer
• Personal check (7 business days to clear)
• Cashier's check (also 7 business days, due to counterfeits)
• ACH transfer (held 5 business days before shipment)

No credit cards are accepted. Wire transfer is typically the fastest path to getting metals shipped. For large orders or customers without a purchase history, Colorado Gold may require wire payment before placing the order at all. The company ships only to U.S. addresses.

Precious Metals IRA Option

Colorado Gold can facilitate purchases within a self-directed precious metals IRA. The metals are stored at an approved depository, under the control of an IRA custodian, maintaining the tax-deferred status of the account.

Colorado Gold works with custodians including New Direction IRA and Strata Trust, though the company explicitly states it receives no compensation from any custodian and does not recommend one over another.

The mechanics are simple: the customer establishes a cash-funded account with a custodian, then calls Colorado Gold to place orders. Colorado Gold arranges for direct shipment to the depository in the customer's name.

When selling from an IRA, funds flow back through the custodian, not directly through Colorado Gold. Customers looking to convert large silver contract bars into smaller, personally-held sizes can also request that service at no charge beyond the standard 1% purchase commission.

Why the Current Market Matters for Buyers

Gold closed 2025 up roughly 66%, the strongest annual gain for the metal since 1979. Silver surged even harder.

These are not small moves, and they create a specific challenge for buyers: choosing between waiting for a pullback and accepting that the structural conditions driving the rally (central bank accumulation, dollar weakness, geopolitical pressure, and Federal Reserve rate easing) show little sign of reversing.

Some market context worth knowing before making any purchase decision:

Central banks purchased over 1,000 tonnes of gold per year for multiple consecutive years through 2024, before moderating slightly in 2025 as prices climbed.

According to J.P. Morgan, central bank demand is projected to average around 585 tonnes per quarter in 2026, still well above the pre-2022 norm of 400 to 500 tonnes annually.

Silver entered 2026 in its fifth consecutive year of structural supply deficit, with industrial applications (primarily solar energy, EVs, and AI infrastructure) now accounting for more than half of total demand.

None of that guarantees prices go higher. Prices can and do pull back. But for buyers who have already decided to hold physical metal, a low-commission, no-nonsense broker like Colorado Gold is a structurally better deal than walking into a coin shop and paying 30% over spot.

Don's Column: A Distinctive Feature

Colorado Gold's founder Don writes a weekly column published on the site. The topics range from monetary policy and macroeconomics to philosophy and history.

 Recent entries include pieces on what Don calls "Stott's Law" (the more of something there is, the less it's worth), the origins of the U.S. welfare state, and the nature of faith.

The archive runs to thousands of columns. Whether a buyer finds this relevant to their purchase decision is a personal call, but it does give Colorado Gold a voice that most bullion dealers lack entirely.

What Colorado Gold Does Not Do

A few clear limits worth knowing upfront:

• No rare or numismatic coins of any kind
• No international shipping (U.S. addresses only)
• No credit card payments
• No proactive customer calls or sales outreach
• Limited weekday hours only (no weekends, no holidays)

The operating hours vary by representative. Melissa is typically available 8 AM to 4 PM ET, David 8 AM to 4 PM CT, and Morgen 11 AM to 5 PM PT. Outside those windows, phone numbers do not appear on the site.

This is a three-person operation. Customers who need around-the-clock service or a dedicated account manager will need to look elsewhere.

Reputation and Track Record

Colorado Gold holds an A+ rating from the Better Business Bureau. The company has been operating for over 46 years and cites tens of thousands of satisfied clients. In 46 years, according to the company's own purchasing page, every customer who placed an order received what they ordered.

That's an unusually direct claim, and one that a long-running business with an active BBB rating can afford to make publicly. There are no red flags in the public record for a company of this tenure and standing.