Name: Coinguide.com
Item: Guidance Corporation Reviews: Is CoinGuide.com Legit? Find Out Here
Rating: 7
Author: David

7Expert Score

Coinguide.com

Guidance Corporation enjoys an A+ rating on BBB and has received many positive reviews from happy customers.

Trust

Fees

Customer Service

Reputation

Pros

Educational Resources
IRA Services
Experienced Team

Cons

Limited Online Presence

Guidance Corporation: Unique Highlights Overview

Guidance Corporation, operating as CoinGuide.com, is a family-owned precious metals dealer with over 35 years of experience in the industry. Their unique highlights include:

Find the Best Gold IRA Company of Your State

Guaranteed Lowest Pricing: Guidance Corporation prides itself on offering the lowest prices in the market, backed by a price-match guarantee. Their family-owned structure allows them to avoid high commissions paid to sales teams, passing those savings directly to clients.
Expertise in Numismatics: With a team of licensed coin experts who are members of the American Numismatic Association, they provide access to a wide range of certified and raw coins, including rare and collectible items. Their extensive network enables them to locate specific coins for collectors and investors.
Comprehensive Product Range: They offer a diverse selection of precious metals, including gold, silver, platinum, and palladium, sourced from reputable mints worldwide. Their inventory includes popular bullion products and pre-1933 gold coins, catering to both investors and collectors.
IRA Services: Guidance Corporation provides specialized services for investors interested in diversifying their retirement portfolios with precious metals. They assist in setting up self-directed IRAs and offer a range of IRA-approved products, working in collaboration with IRS-approved custodians to ensure compliance and security.
Customer-Centric Approach: As a family-owned business, they emphasize personalized customer service, offering professional advice without the pressure of commissioned sales tactics. Their commitment to customer satisfaction is reflected in their A+ rating with the Better Business Bureau and positive customer reviews.
Secure Storage Solutions: For clients who prefer not to store their precious metals at home, Guidance Corporation partners with trusted depositories to offer secure storage options, ensuring investments are protected and insured.

These unique features make Guidance Corporation a notable player in the precious metals market, offering a blend of competitive pricing, expert knowledge, and personalized services to their clients.

Who are the People Behind Guidance Corporation?

Guidance Corporation, operating as CoinGuide.com, is a family-owned precious metals firm based in Minnetonka, Minnesota. The company is led by:

Bruce Diker: Founder and President, registered as a Bullion Coin Dealer Representative in 2016.
Josh Diker: Chief Operating Officer and Managing Partner, overseeing pricing, management, and operations. Prior to joining Guidance Corporation, he held positions at Wells Fargo, BBVA, and JP Morgan Chase.

Their team comprises licensed coin experts who are members of the American Numismatic Association, dedicated to assisting clients with their precious metals investments.

Does Guidance Corporation Offer IRA Services?

Yes, Guidance Corporation offers IRA services to help investors diversify their retirement portfolios with precious metals. Here’s how their services work:

What They Offer:

Self-Directed IRAs:
- Guidance Corporation specializes in helping clients establish Self-Directed IRAs, which allow investments in alternative assets like precious metals, beyond traditional stocks and bonds.
IRA-Approved Products:
- They provide access to a wide selection of IRA-approved precious metals, including gold, silver, platinum, and palladium coins and bars that meet the IRS’s purity standards (e.g., 0.995 fineness for gold).
Custodian Collaboration:
- The company collaborates with IRS-approved custodians to facilitate account setup and ensure compliance with IRS rules for precious metal IRAs.
Secure Storage Options:
- Precious metals purchased for an IRA must be stored in an approved depository. Guidance Corporation partners with trusted storage facilities to offer secure and insured storage.

How It Works:

Initial Consultation:
- Investors contact Guidance Corporation to discuss their retirement goals and get advice on setting up a Self-Directed IRA.
Choose a Custodian:
- They guide you in selecting an IRS-approved custodian to manage your IRA account. The custodian handles administrative tasks, including record-keeping and reporting to the IRS.
Fund the Account:
- You can fund the IRA through a transfer, rollover from an existing retirement account (like a 401(k) or traditional IRA), or direct contribution (subject to IRS limits).
Select Precious Metals:
- Work with Guidance Corporation to choose IRA-approved precious metals for your portfolio.
Purchase and Delivery:
- Once purchased, the precious metals are shipped directly to the approved depository, where they are securely stored. The custodian oversees the process to ensure compliance.
Ongoing Management:
- You can monitor and manage your IRA with the assistance of the custodian and Guidance Corporation. Adjustments to holdings can be made as your investment strategy evolves.

What Products Can You Purchase at Guidance Corporation?

Guidance Corporation, operating as Coin-Guide.com, offers a wide variety of precious metal products catering to both collectors and investors. Here’s a detailed breakdown of their product offerings:

Bullion Products

These are typically purchased by investors for wealth preservation and growth.

Gold Bullion:

Bars:
- Sizes range from 1 gram to 1 kilogram.
- Produced by globally recognized mints (e.g., PAMP Suisse, Valcambi, Perth Mint).
Coins:
- Popular IRA-approved options such as:
  - American Gold Eagle
  - Canadian Gold Maple Leaf
  - Austrian Gold Philharmonic
  - South African Krugerrand
- Other collectible and investment-grade coins.

Silver Bullion:

Bars:
- Available in sizes from 1 oz to 100 oz.
- Trusted brands include Engelhard, Johnson Matthey, and more.
Coins:
- Common choices include:
  - American Silver Eagle
  - Canadian Silver Maple Leaf
  - Australian Kookaburra
  - British Silver Britannia
- Rounds from private mints.

Platinum and Palladium Bullion:

Coins and bars available for diversification, such as:
- Platinum American Eagle
- Canadian Platinum Maple Leaf
- Palladium Maple Leaf.

Numismatic and Rare Coins

Perfect for collectors, these coins carry historical and rarity value in addition to their metal content.

Pre-1933 Gold Coins:

Rare U.S. gold coins minted before 1933, including:
- Liberty Head
- Saint-Gaudens Double Eagles
- $5 Half Eagles and $10 Eagles.
Often graded and certified by NGC or PCGS.

Silver Dollars and Commemoratives:

Morgan Silver Dollars and Peace Silver Dollars, popular among collectors.
U.S. and international commemorative coins.

Other Collectible Coins:

Rare, graded, and proof coins with unique designs or limited mintage.

IRA-Approved Metals

Guidance Corporation provides a variety of products specifically approved by the IRS for use in Self-Directed IRAs.

Gold IRA Products:

Coins and bars meeting IRS fineness standards (0.995+):
- Gold American Eagle (exception to purity rule, allowed in IRAs)
- Canadian Maple Leaf
- Austrian Philharmonic
- PAMP Suisse gold bars.

Silver IRA Products:

Options include:
- Silver American Eagle
- Canadian Maple Leaf
- Bars from approved refiners.

Platinum and Palladium IRA Products:

Coins and bars that meet IRS requirements, such as:
- Platinum American Eagle
- Palladium Maple Leaf.

Specialty Products

Mint Sets and Proof Sets:
- U.S. Mint collections in pristine condition.
Graded Coins:
- Coins certified by professional grading services like PCGS and NGC, indicating their authenticity and condition.
Limited Edition Releases:
- Coins with unique designs and restricted mintages, often in high demand among collectors.

Accessories and Supplies

For coin enthusiasts and investors:

Coin albums, holders, and display cases.
Cleaning and preservation supplies for long-term care.

Customized Offerings

Guidance Corporation often sources specific products on request, leveraging their extensive network of suppliers. This includes:

High-demand or rare coins.
Larger bullion purchases for institutional investors.

Why Purchase From Guidance Corporation?

Certified Quality: Coins and bullion sourced from reputable mints and refiners.
Diverse Selection: Suitable for both collectors and investors, with products meeting strict industry standards.
Competitive Pricing: Price-match guarantees and competitive rates on precious metals.
Personalized Service: Expert advice and tailored solutions to fit your needs.

Guidance Corporation is a comprehensive solution for anyone looking to invest in or collect precious metals, offering a robust range of products and services.

Guidance Corporation Fees and Pricing:

Guidance Corporation, operating as CoinGuide.com, is a family-owned precious metals dealer with over 35 years of experience, committed to offering competitive pricing and transparent fee structures to its clients. Here’s a detailed overview of their fees and pricing:

Product Pricing

Real-Time Pricing: Guidance Corporation provides live, real-time pricing on their website, reflecting current market conditions. This transparency ensures that clients are informed of the latest prices without unexpected increases or hidden fees.
Competitive Rates: The company prides itself on offering some of the lowest prices in the market, backed by a price-match guarantee. Their family-owned structure allows them to avoid high commissions paid to sales teams, passing those savings directly to clients.

Transaction Fees

Debit and Credit Card Transactions: Purchases made via debit or credit card incur a transaction fee of 4.75%. Clients can use these payment methods for transactions up to $50,000.
ACH Transactions: For ACH (Automated Clearing House) transactions, Guidance Corporation partners with Plaid, a third-party bank connection service. Clients may need to authorize Plaid to access their bank account to complete the ACH transfer.

Shipping and Handling

Shipping Costs: Guidance Corporation offers fast and free shipping on most orders, enhancing the value proposition for clients.
Packaging: The company ensures that all products are securely packaged to maintain their condition during transit.

IRA Services

Account Setup and Maintenance Fees: While specific fees related to setting up and maintaining a Precious Metals IRA are not detailed on their website, it’s common for such services to involve setup fees, annual maintenance fees, and storage fees. Clients are advised to contact Guidance Corporation directly for detailed information on IRA-related fees.
Custodian and Storage Fees: Precious metals held within an IRA must be stored in an IRS-approved depository. Associated storage fees are typically charged by the custodian and can vary based on the depository and the amount of metals stored. Guidance Corporation can recommend approved custodians and depositories to safely store and manage your gold.

Selling to Guidance Corporation

Buyback Policy: Guidance Corporation offers a buyback program, purchasing coins and precious metals from clients at competitive prices. This service provides liquidity for investors looking to sell their assets.

Additional Considerations

No Hidden Fees: Guidance Corporation emphasizes transparency, ensuring clients are not surprised by sudden price increases or undisclosed fees. All costs are communicated upfront, fostering trust and confidence. citeturn0search6
Payment Options: In addition to debit and credit cards, the company accepts various payment methods, including wire transfers, paper checks, PayPal, and Zelle, providing flexibility to clients.

What Do Guidance Corporation Reviews Say?

Guidance Corporation, operating as CoinGuide.com, has garnered various customer reviews across multiple platforms. Here’s a detailed overview of their ratings and feedback:

Trustpilot

Rating: 4 out of 5 stars
Number of Reviews: 7
Summary: The company has received a favorable rating on Trustpilot, indicating general customer satisfaction. However, the limited number of reviews suggests that more customer feedback is needed for a comprehensive assessment. citeturn0search15

Google Reviews

Rating: Not available
Summary: As of the latest information, there are no customer reviews or ratings for Guidance Corporation on Google.

Better Business Bureau (BBB)

Rating: A+
Customer Reviews: Average rating of 5 out of 5 stars based on 10 customer reviews
Summary: Guidance Corporation holds an A+ accreditation from the BBB, reflecting high business standards and customer satisfaction. Notably, there have been no complaints against the company in the past year. citeturn0search16

Birdeye

Rating: 4.5 out of 5 stars
Number of Reviews: 91
Summary: On Birdeye, the company has received predominantly positive feedback, with customers appreciating their services. However, there are some customer complaints, including issues related to order fulfillment. citeturn0search2

Trustburn

Rating: 3.8 out of 5 stars
Number of Reviews: 13
Summary: The reviews on Trustburn are mixed, with some customers expressing satisfaction and others highlighting areas for improvement. citeturn0search20

Shopper Approved

Rating: 4.9 out of 5 stars
Summary: Guidance Corporation has received high ratings on Shopper Approved, indicating a high level of customer satisfaction. citeturn0search19

Summary

Overall, Guidance Corporation has received positive feedback across various platforms, with high ratings on the BBB and Shopper Approved. The limited number of reviews on some platforms suggests that while many customers are satisfied, more feedback would provide a more comprehensive understanding of their services.

For the most current and detailed information, it’s advisable to visit these review platforms directly or contact Guidance Corporation for customer testimonials.

Examples of Guidance Corporation Reviews:

The website had been user-friendly, the prices had been the best found, the transaction had been simple, and the delivery had been prompt.

They had already placed additional orders with them.

The only thing they could have improved was their phone communication.

The individuals at Guidance Corporation and Coinguide.com were very pleasant and easy to collaborate with. There were no salesmen, only owners who sought to provide a fair deal for individuals who were easy to work with. He had certainly earned his trust over the last seven years for both himself and his family. They had great prices and service. When people asked him, this was where he sent them.

Coinguide offered the lowest prices that could be found, and the shipping was fast and well executed. Unlike other bullion vendors, they offered one set price for their products, not a scaling price point based on the amount that was purchased.

Why aren’t There Many Guidance Corporation Complaints?

The lack of complaints about Guidance Corporation, operating as CoinGuide.com, can be attributed to several factors that reflect positively on the company’s operations and customer relations. Here are some potential reasons:

Strong Customer Service Focus

Family-Owned Business: As a family-operated company, Guidance Corporation prioritizes personalized service and a customer-centric approach, which reduces the likelihood of dissatisfaction.
Direct Communication: Customers can speak with licensed numismatists and experts, minimizing miscommunication and addressing concerns promptly.
Non-Commission-Based Model: Their pricing structure avoids high-pressure sales tactics, which can lead to misunderstandings or dissatisfaction.

Transparent Practices

Price Match Guarantee: Offering competitive pricing with a clear price-match guarantee builds trust and ensures customers feel they are getting the best deal.
Upfront Information: They emphasize transparency in fees and pricing, so customers are not surprised by hidden charges.
Educational Resources: Guidance Corporation educates customers about precious metals investing, enabling informed decision-making.

High-Quality Products

Reputable Sourcing: Products come from reputable mints and refiners, ensuring high quality and reducing the risk of customer complaints related to product authenticity or condition.
Diverse Offerings: Their wide range of products caters to different customer needs, from numismatics to bullion investors, improving customer satisfaction.

Proactive Issue Resolution

Quick Response to Issues: The company likely addresses any concerns or problems promptly, preventing them from escalating into formal complaints.
Customer Reviews: Positive reviews on platforms like the Better Business Bureau (A+ rating) and Shopper Approved (4.9/5 stars) suggest that the company takes customer satisfaction seriously.

Limited Online Presence

Smaller Customer Base: Compared to larger, more prominent precious metal dealers, Guidance Corporation may serve a niche market, resulting in fewer reviews or complaints.
Few Review Platforms: The limited visibility on platforms like Yelp and Google suggests their customers may not actively post reviews, whether positive or negative.

High Business Standards

BBB Accreditation: The company’s A+ rating with the Better Business Bureau reflects strong adherence to ethical business practices.
Licensed Experts: Their team of licensed coin experts is part of the American Numismatic Association, showcasing professionalism and reliability.

Positive Customer Experiences

Many customers have highlighted positive aspects of the company, such as competitive pricing, professional service, and a seamless buying experience. Happy customers are less likely to file complaints.

The absence of many complaints likely stems from a combination of excellent service, transparent operations, and proactive issue management. While no company is immune to occasional mistakes, Guidance Corporation’s commitment to resolving issues promptly and providing high-quality products makes it less likely for customers to escalate concerns into formal complaints.

Are There Any Guidance Corporation Lawsuits?

No.

We didn’t find any lawsuits involving Coinguide.com aka Guidance Corporation.

Certainly, it shows the company has a clean track record and focuses on resolving any customer complaints amicably.

Can You Trust Guidance Corporation? Is Guidance Corporation Legit?

Yes.

They are a legit enterprise with significant experience in helping people invest in precious metals.

If you’re interested in learning more about the legitimacy of a gold dealer, follow these tips:

Tip #1: Check Their Regulatory Compliance and Accreditation

Check for proper licensing and registration with relevant financial regulatory bodies such as the Securities and Exchange Commission (SEC) or Financial Industry Regulatory Authority (FINRA).

Verify the company’s accreditation with industry organizations like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC).

It will help you check how credible they are.

Tip #2: Look into The Company’s Background

Research the company’s history, including years in business and any name changes.
Examine the Better Business Bureau (BBB) rating and accreditation status.
Review customer feedback on reputable third-party review sites like Trustpilot or Consumer Affairs.

Tip #3: Does the Company Offer Good Resources?

Assess the clarity of information provided about fees, storage options, and buyback policies.
Evaluate the quality and depth of educational resources offered to investors.
Verify that the company provides clear information about IRS regulations regarding precious metals IRAs.

Tip #4: What are Their Product Offerings and Pricing?

Ensure the company offers IRS-approved precious metals for IRA investments.
Compare pricing with other reputable dealers to ensure competitiveness.
Be wary of companies pushing numismatic or collectible coins over bullion for IRA investments.

Tip #5: Confirm the Storage and Custodian Partnerships

Verify that the company works with IRS-approved custodians and secure storage facilities. According to IRS’ regulations, you cannot store your gold IRA’s precious metals at your home.

You’ll need a certified third-party storage provider.

Check the company’s storage and custodian partner to ensure you’re working with a reliable firm. Moreover, ensure they offer segregated storage options for your precious metals.

Segregated storage means your owned precious metals products will be stored separately from other investors’ possessions. Similarly, non-segregated storage means your products will be stored along with others.

Keep in mind that storage providers charge extra for segregated storage.

Some popular custodians include Equity Trust and Goldstar Trust.

Red Flags to Watch For in Gold IRA Companies

Promises of guaranteed returns or claims of “secret” investment strategies.
Pressure to act immediately or make large investments without proper consideration.
Lack of physical address or unclear company ownership structure.
Unwillingness to provide detailed information about fees or policies in writing.

By thoroughly evaluating these aspects, investors can make an informed decision about the legitimacy and reliability of a gold IRA company. It’s crucial to conduct due diligence and, if necessary, consult with a financial advisor before making any investment decisions.