Goldco Investment Grade Premium Bullion
- Message to Goldco and Supporters, 2026/08/05 (Main Report)
- Message to Goldco Addendum, 2026/09/22 (Main Report, Part II)
- Message to Goldco Addendum, 2026/09/28 (Main Report, Part III)
- Message to Goldco Video, 2026/04/22 (4:32, 328MB)
- Bullion Comparison Video, 2025/06/04 (32:15, 1.5GB)
- Open Letters to five Goldco Spokespersons, 2026/08/05
References
- 2017_10_02_goldco_client_agreement_2018_06_01_alnd_4_18_cv_00850_goldco_v_clackum_exhibit_2.pdf
- Goldco Client Agreement version 10-2-17
- as a public record: Exhibit 2 of case Goldco Direct LLC v. Clackum, No. 4:18-cv-00850-KOB
- 2017_10_02_goldco_client_agreement_notes_rev_2026_05_27.pdf
- How to obtain Goldco Client Agreement revision 10-2-17
- 2023_04_07_goldco_offers_free_safe_rev_2025_03_05.pdf
- Evidence indicating Goldco offered reward for customer review within 24 hours.
- 2023_08_21_delores_elizabeth_stevens_goldco_customer_agreement_excerpt_2026_05_27.pdf
- Excerpts from Goldco Customer Agreement revision 7/13/22
- spread percentages
- Highest Price Buy Back Guarantee
- Perpetual right to record phone calls with customer
- Confidential arbitration
- Unilateral power to modify agreement without consent
- 2023_09_05_delores_elizabeth_stevens_goldco_invoice_29537.pdf
- Invoice of Delores Elizabeth Stevens, 2023/09/05
- 32 x Gold American Bald Eagle 1/4 oz coins = total 8 oz gold
- Total Gold Price: $28,640.00
- Gold Unit Price: $3580/oz
- Gold Spot Price: $1927.15/oz
- Premium: 86% over Spot
- Total Gold Spot Value: 8oz x $1927.15/oz = $15,417.20
- 3864 x Silver LOTF Bison 1oz coins = total 3864 oz silver
- Total Silver Price: $244,884.20
- Silver Unit Price: $63.38/oz
- Silver Spot Price: $23.58/oz
- Premium: 169% over Spot
- Total Silver Spot Value: 3864oz x $23.58/oz = $91,113.12
- Total
- Total Price: $273,524.20
- Total Spot Value: $106,530.32
- 2024_08_07_bullion_dealer_buy_back_price_rev_2026_01_17.pdf
- Buy-back offers from major bullion dealers
- eight dealers: near spot price
- Goldco
- gold: 23% over spot
- silver: 86% over spot
- not for general public
- 2024_08_08_appraisal_tuvalu_eagle_lotf_bison.pdf
- Appraisal by professional numismatist.
- gold: $2200/oz = 90.23% spot
- silver: $26/oz = 93.63% spot
- 2024_08_08_perth_mint_prices_gold_qtr_oz_rev_2026_02_03.pdf
- Perth Mint prices for gold 1/4 oz bullion
- Buy: approx. 97% spot
- Sell: approx. 115% spot
- 2024_10_14_questions_central_bank_of_malta_5euro_silver_1oz.pdf
- Questions sent to Central Bank of Malta
- 2024_11_09_portland_coin_show_rev_2024_11_25.pdf
- Report on visit to coin show in Portland, Oregon. 2024/11/09
- Twelve dealer offers: near spot price
- 2024_11_09_portland_coin_show.mp4
- One minute video outside the Portland Coin Show
- 2024_11_25_google_online_review_goldco_rev_2026_02_24.pdf
- Professional reviews of Goldco
- found on google.com
- 2024_12_09_bing_online_review_goldco_rev_2026_02_24.pdf
- Professional reviews of Goldco
- found on bing.com
- 2024_12_23_duckduckgo_online_review_goldco_rev_2026_02_24.pdf
- Professional reviews of Goldco
- found on duckduckgo.com
- 2025_01_11_maltese_cross_price_rev_2026_01_25.pdf
- Price for Maltese Cross Silver 1oz bullion
- box of 100
- 13.7% above spot
- 2025_01_30_berlin_brandengburg_gate_mac_coins.mov
- 23 second movie at the Brandenburg Gate
- 2025_01_30_berlin_world_money_fair_rev_2026_02_25.pdf
- Report on trip to 2025 World Money Fair in Berlin
- About a dozen dealer offers: near spot price
- Royal Dutch Mint
- Answered question about packaging.
- Conversation with mint executive.
- Perth Mint
- Answered question about gold buy-back price.
- Conversation with mint executive.
- Pressburg Mint
- Answered questions: anti-counterfeiting features, high-relief, etc.
- Maltese Cross Silver 1oz bullion
- Mitutoyo
- Measured relief using White Light Interferometer device.
- 2025_03_17_central_bank_of_malta_stevens_communication.pdf
- Communication between Mac Stevens and Central Bank of Malta
- email, letters
- 2025_03_20_royal_dutch_mint_stevens_communication_rev_2026_02_26.pdf
- Communication between Mac Stevens and Royal Dutch Mint
- email, letter, conversation
- 2025_04_02_perth_mint_stevens_communication_rev_2026_02_26.pdf
- Communication between Mac Stevens and Perth Mint
- email, letter, conversation
- 2025_04_21_roi_premium_spread_rev_2026_02_25.pdf
- glossary of investment terms
- references for typical premium, etc.
- 2025_05_01_1020_purchase_100oz_Maltese_Cross_Pressburg_Mint_rev_2026_02_26.pdf
- Notes on purchase of Maltese Cross Silver 1oz bullion
- box of 100
- premium: 13%-15% over spot
- 2025_05_16_goldco_professional_reviews_rev_2026_05_28_1830.pdf
- Analysis of 34 professional reviews of Goldco.
- Results Summary
- Criterion 1: Gives return-on-investment, premium, or spread, as percentage or dollar numbers. 9%
- Criterion 2: States Goldco storage fees or setup fees in dollar numbers. 50%
- Criterion 3: Mentions Goldco offers free silver or bonus silver. 53%
- Criterion 4: Contains a disclaimer describing how the publisher or author is paid. 91%
- Criterion 5: Recommends investing with Goldco, or is mostly positive about Goldco. 97%
- Criterion 6: Contains hyperlink to Goldco. 3 or more links: 56%
- Criterion 7: Gives reason for customer dissatisfaction. 21%
- Criterion 8: States that Goldco's procedure is easy or simple, or the customer experience is good. 65%
- Criterion 9: States that Goldco's reputation is good ... 94%
- Criterion 10: Describes Goldco as ethical, honest, transparent, or trustworthy. 53%
- 2025_06_13_oregon_coin_sales_rev_2025_08_21.pdf
- Visited four dealers in Oregon
- Offers near spot price.
- 2025_07_08_new_york_coin_sales_rev_2025_08_23.pdf
- Visited six dealers in New York
- Offers near spot price.
- 2025_09_03_gold_dot_de_1oz_silver_prices_rev_2025_10_01.ods
- Analysis Spreadsheet: mintage (quantity minted) vs premium
- OpenOffice format
- 2025_09_03_gold_dot_de_1oz_silver_prices_rev_2025_10_01.xls
- Analysis Spreadsheet: mintage (quantity minted) vs premium
- Excel format
- 2025_09_03_gold_dot_de_1oz_silver_prices_rev_2026_02_26.pdf
- Analysis: mintage (quantity minted) vs premium
- 106 silver 1oz bullion coins analyzed
- Demonstrates high premium very unlikely for mintage > 500,000
- Packaging study
- For five coins throughout the quality range, packaging protects coins well.
- 2025_09_23_lotf_bison_online_prices_rev_2026_01_23.pdf
- online prices for LOTF Bison Silver 1oz coin
- Max premium: 103% above spot
- Coin individually packed in acrylic slab
- Typical premium: 15% above spot
- It endured on the market for over six weeks before selling out.
- 2026_01_06_google_goldco_reviews_rev_2026_05_05.pdf
- Analysis of 2,200 Google customer reviews of Goldco
- every review for a 2 1/2 year period ending 2026/01/06
- keyword analysis
- Low Frequency: spread(3) premium[noun](4) return[noun](6) spot[other](11) spot[price](13) premium[adjective](16) $(17) dollar(17)
- High Frequency: help(653) process(647) !(604) question(501) easy(481) professional(480) experience(471) answer(414) great(381) knowledge(358)
- activity category analysis
- activity vague: 55.8%
- activity = customer purchase, IRA rollover, etc.: 40.3%
- activity = post-purchase, buy-back, etc. or financial information given: 3.9%
- median premium: >= 100% over spot
- median return on investment: negative
- 2026_01_17_goldco_customer_reviews_rev_2026_05_28_2000.pdf
- Goldco Customer Reviews
- Reviews giving numbers for premium.
- Reviews giving numbers for return on investment.
- 2026_04_18_goldco_customer_procedure.pdf
- Customer procedure deduced from customer reviews and Goldco website.
- 1. pay money.
- 2. Learn prices and select products.
- 2026_06_04_bullion_unboxing.mp4 (7:18, 613MB)
- Bullion unboxed 2026/06/04
- Tuvalu "American" Bald Eagle gold 1/4oz coins
- vinyl pouch with packing tape
- LOTF Bison Silver 1oz coins
- Tube thickness measurement: 200-250 microns
- Tube diameter exceeds coin diameter by 5mm.
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