If you’re looking to invest in silver as part of a long-term wealth protection strategy, Goldco is a well-established, IRA-focused dealer with a strong reputation for personalized service and retirement-focused silver offerings:
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While not a retail bullion site like some competitors, Goldco offers curated access to high-quality silver products with concierge-level support.
5 Steps to Buy Silver from Goldco
Let’s walk through the process of buying silver from Goldco:
1. Understand Your Investment Goals
Before you begin purchasing, take a step back and define what you want to accomplish with silver. Goldco specializes in long-term, tax-advantaged investing through Silver IRAs, but they also support direct ownership of physical metals.
Here’s what to consider:
Investment Purpose – Are you buying silver as a hedge, part of your IRA, or for physical delivery?
IRA Eligibility – Goldco clearly marks all silver products that meet IRS standards for retirement accounts.
Liquidity – Silver coins like the American Silver Eagle and Canadian Silver Maple Leaf are popular choices due to high recognition and resale ease.
Premiums – Silver generally carries lower premiums than gold, but collectible coins may be higher.
- The Smart Investor Tip
If you're uncertain about timing, consider dollar-cost averaging into silver—buying in smaller amounts over time to smooth out price volatility.
This strategy can help balance out silver's short-term swings while building long-term value.
2. Open Your Account or Silver IRA
Goldco gives you two main paths for silver investing: direct purchase or a tax-advantaged Silver IRA.
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Direct Purchase (No IRA Needed)
You can buy physical silver for delivery to your home or personal storage. A Goldco specialist will guide you through:
Silver coin and bar availability
Up-to-date pricing
Shipping and insurance options
No account setup is required for this route.
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Silver IRA (Tax-Deferred)
If you want to hold silver in your retirement plan, Goldco works with top custodians like Equity Trust Company to open and manage your self-directed IRA. The process includes:
Rolling over funds from your existing IRA or 401(k)
Selecting IRS-approved silver coins or bars
Arranging secure storage in an IRS-compliant vault
This approach helps preserve your wealth in a tax-advantaged account while maintaining exposure to silver.
3. Choose Silver Coins or Bars from Goldco’s Inventory
Goldco offers a curated range of IRA-approved silver products, along with premium collectible coins for those looking to diversify.
You’ll need to speak directly with a specialist to receive current inventory and pricing, as they don’t display an online catalog.
Below is a sample of popular IRA-eligible silver options available through Goldco:
Product | Type |
|---|---|
American Silver Eagle | Bullion Coin |
Canadian Silver Maple Leaf | Bullion Coin |
Silver Australian Kangaroo | Bullion Coin |
Silver Bars (.999 purity, various weights) | Bullion Bar |
Silver American Bald Eagle (proof/collectible) | Premium Coin |
Silver America the Beautiful Series | IRA-Approved Coin |
All products offered through Goldco meet the minimum .999 fineness requirement set by the IRS for inclusion in a Silver IRA.
- The Smart Investor Tip
Ask your Goldco rep about limited-mintage silver coins that qualify for IRAs. Some have higher appreciation potential due to scarcity, while still offering the same tax advantages.
4. Lock in Your Pricing and Confirm the Order
Silver prices fluctuate throughout the day based on market conditions. With Goldco, you lock in your price when your trade is confirmed with a representative.
Accepted payment methods include:
Wire Transfer – Fast and preferred for large orders
IRA Rollover – Tax-deferred transfer from an existing retirement plan
Check or ACH – Accepted, though may delay the price lock
Once finalized, you’ll receive an invoice summarizing your purchase along with next steps for storage or delivery.
5. Choose Delivery or Secure Storage
Depending on your investment method, you’ll choose between having silver shipped directly to you or stored in a secure, IRS-approved facility.
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Home Delivery
All silver is discreetly packaged and insured
Signature confirmation and tracking included
Suitable for direct purchases (non-IRA)
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Silver IRA (Tax-Deferred)
Goldco is one of the top gold and silver IRA companies and partners with Brinks and Delaware Depository for segregated vault storage.
Your silver is held in your name, fully insured, and separated from other clients’ assets.
Does Goldco Offer a Silver Buyback Program?
Yes—Goldco provides a guaranteed buyback policy, giving investors the ability to liquidate silver holdings directly through the company. The process is simple:
Contact Goldco for a live buyback quote
Ship your silver (insured and tracked)
Receive prompt payment via wire or check
There are no minimum holding periods or hidden fees, which makes it easier to exit your position on your own terms.
What Else Can You Buy from Goldco Besides Silver?
While this guide focuses on silver, Goldco also offers a range of other physical precious metals to help build a well-diversified portfolio.
Here’s what else is available:
Gold Coins & Bars – Most are IRA-eligible and backed by sovereign mints
Platinum & Palladium – For advanced investors seeking broader exposure
Premium & Collectible Coins – Limited edition silver and gold coins for collectors or long-term holders
These products allow you to tailor your holdings to match your risk tolerance, liquidity needs, and investment time frame.
FAQ
Yes, Goldco allows direct purchases of silver coins and bars for personal ownership, with insured delivery.
IRA-eligible items are clearly marked by Goldco and meet IRS requirements for purity and authenticity.
While Goldco often recommends a starting amount, the actual minimum varies—typically starting around five figures for IRAs.
Silver held in an IRA is stored in IRS-approved depositories like Brinks or Delaware Depository in a secure, segregated vault.
Yes, upon retirement or a qualifying event, you can take distribution in the form of physical silver delivery.
There may be annual fees for storage, custodial services, and account management, disclosed upfront during setup.
Yes, Goldco provides silver bars in a range of sizes, typically from 1 oz up to 100 oz for larger investors.