Investing in the modern market is relatively challenging, especially if you don't know which areas to stake your hard-earned money in. Over the years, people have been trying to find alternative investment opportunities to spread risks and safeguard against inflation and other market dynamics. To secure their future, people are now investing in precious metals.
Investing in precious metals doesn't end with buying and keeping a precious metal; you need to work with a professional who can evaluate your investment and advise you on the correct action. There are several companies online that buy/sell precious metals and offer IRA services. However, not all these companies have the same quality of service.
Acre Gold is one of the top-rated companies in the world, with a long-standing history in alternative investment. However, this statement alone is not enough to convince a potential investor. One. One needs to learn more about the company and weigh if they are worthy. Below is a review of Acre Gold and what you can expect from them.
About Acre Gold
Acre Gold was founded by a group of fintech investors who aimed to find an alternative way for people to buy gold. In the past, people relied on pawnshops, auction sites, and precious metals dealers to buy gold, most of which have questionable reputations. The company has two headquarters in Santa Monica, CA, and Boise, Idaho.
Despite the founder's history in alternative investment opportunities, Acre Gold is still considered a new player in the industry, having been founded in 2019. Its founders are focused on providing clients with an engaging but simple way to secure their gold investment. Acre stands out for its unique gold subscription strategy; customers can buy gold at affordable rates each month.
With their subscription-based strategy, customers don't need a hefty initial capital to invest. You can buy gold slowly until you get to the company's price for 2.5 grams of bullion, which is then shipped to your preferred address. Acre Gold offers three subscription levels $50, $100, and $250. With these price tags, one can pick a price they are comfortable with.
How Acre Gold Works
As mentioned, Acre Gold has introduced a new approach to investing in gold. Depending on your financial capabilities, you can subscribe to different packages for $50, $100, or $250. This approach makes it easy and affordable to realize your goal of owning gold.
The subscription package you pick works as a road map to owning a certain amount of gold because each payment goes towards the total sum of the bar of gold. Choosing a lower subscription means you will have to wait a little longer before you can complete your payment. Once you meet the threshold set, Acre Gold automatically ships your gold to an address of your choice.
Aside from the subscription-based payment plan, Acre Gold also offers customers a Buy It Now Bars on its website that allows you to purchase one of their products instantly. However, it's best to note that you will be required to pay a one-time fee of $12 before choosing your subscription.
Acre offers its clients a customer portal from which you can keep track of their investments and monthly payments. It also allows you to track your gold shipment and cancel subscriptions. You can also subscribe to the company's monthly email progress reports after each payment. The first email is accompanied by a link to the customer portal from which you can edit your account profile.
Acre's customer services are exclusively handled through social media and emails. Their lack of a contact phone number on their website may raise a red flag among some customers, but the service offered through emails and social media is adequate enough to meet your needs.
Its customer service team is very active across its social media handles, Facebook and Instagram, where they handle inquiries and facilitate refunds. Acre Gold doesn't offer real-time pricing on its website. Its support team provides potential customers with real-time updates on the gold bars.
What Should I Expect in an Acre Gold Subscription?
2.5-Gram Gold Bullion Subscription
This is the lowest and most affordable subscription going for $50 a month. Acre's 2.5 fine gold bar is characterized by a meta polish to realize a mirror finish. With this subscription, you can get 2.5 grams of 99.9% gold with a stamped Acre logo in tamper-proof packaging and a soft-touch box with a display drawer. Most new investors opt for this package to test the market and company before exploring other options.
5-Gram Gold Bullion Subscription
Like the 2.5 gold bar, Acre's 5-gram gold bar features a mirror finish with a little more weight. This subscription costs $100 a month and is relatively affordable. Each bar comes with 99.9% gold with a single stamped Acre logo in tamper-proof packaging and a soft-touch box with a display drawer.
10-Gram Gold Bullion Subscription
The 10-gram gold subscription has a similar composition to the other two variants with a weight difference and costs $250 a month. This is an ideal choice for risk-takers who want to get in on the market before it fluctuates. Like other options, it comes with 10 grams of 99.9% gold with Acre's logo in tamper-proof packaging and a soft-touch display drawer.
Acre Gold 9mm Bullet (33 grams)
Acre spices things up with a special bullion offering shaped like a 9mm bullet. With this bullet, you are offered value for your money as well as uniqueness. Acre's gold 9mm bullet is a rare product since the company made only 1,000 of them.
Each bullet comes with 33 grams of 99.9% pure 24k gold in tamper-proof packaging and a lacquered box with a suede lining. Keep in mind that there isn't a subscription for the 9mm bullet. It is classified under the Buy It Now category and is paid for in a lump sum of $4,450.
Acre Gold Referral Program
Going through their website, Acre Gold isn't clear about their referral program and how they reward customers for bringing in new clients. On the website, customers are encouraged to promote the company's growth by bringing in new users.
With more research, you will find out more about their referral program that encourages you to bring new subscribers. The program offers multiple incentives if your referral subscribes and makes their first monthly payment.
Acre Gold Cancellation Policy
Most precious metal dealers offer a cancellation policy where customers can apply for a refund or cancel their subscriptions. However, Acre Gold has a no-refund policy for physical gold delivered. This means you can cancel your purchase during the subscription and get your money. User this policy, you can't get a refund on your gold bar or send the bullion back for a refund.
If you experience any issues with your order, you are encouraged to reach out to the company's support team through their social media handles or customer service email address. Customers can also cancel their orders if there are delays in shipping. However, it will cost you an extra charge of $20, which is at the sole discretion of Acre Gold.
Is Acre Gold Legit or Scam?
Investing in precious metals such as gold has similar risks to other investments. However, Acre Gold reassures its customers by advertising the quality of its product. The firm boasts that its bullion are 99.9% pure gold, designed in California and minted in Switzerland.
Acre Gold ships all its bars with a card to certify their authenticity. On the card, you will find the weight of the gold and an assayer (authentication of the bar by the evaluator). All bars are discreetly packed in tamper-proof packages to alert you of any interference during shipping.
The company continues to enjoy good tidings with multiple positive reviews and few complaints; for example, since its establishment, Acre Gold has received over 30 complaints on Better Business Bureau's website. However, the firm has addressed most of these complaints to promote customer satisfaction. Before buying a subscription, go through their website, read customer reviews, and make an informed decision.
The main challenge of investing with Acre Gold is the lack of a clear and secure path to liquidation. Gold can be used as a long or short-term investment. This means you can hold it for years and resell them later or liquidate them when there is urgency. However, Acre Gold offers a way to liquidate your investment when needed.
For Acre Gold to expand its market base and increase the number of return customers, it needs to consider adding a Buyback program.
Pros & Cons of Acre Gold
Pros
Cons
Acre Gold FAQs
How long does it take to receive my gold shipment from Acre Gold?
How long you receive your gold bullion depends on your subscription and how you make payments. However, keep in mind that the price of gold bars is susceptible to market changes which can cause delays. With all factors held constant, you are likely to receive your gold bar three months after accumulating enough in your account.
Is Acre Gold's Pricing Fair?
Acre Gold's pricing is fair compared to other market players. Customers pay a starting membership of $12, which is affordable across multiple income brackets. In some cases, customers have to pay high prices to set up an investment account to purchase gold bars.
It's also worth noting that there are several companies and brokers offering precious metals at affordable prices. However, they don't promise the same level of confidence and quality that Acre Gold promises its customers.
This firm offers an alternative way of owning gold that may cost a little more than what you would pay at a mint shop or pawn shop. Its layaway method gives customers a more reliable and attainable way to own precious metals.
Should I Invest in Gold?
If you compare the stability of gold and investing in other opportunities, such as stocks, it's a worthy investment. Gold has been present for several years and can withstand market fluctuations making it an excellent way to diversify your investment portfolio. The best part is that gold has a constant demand and is easy to liquidate.
Is Acre Gold Legit?
There are several online companies, each promising customers quality products. However, this makes prospective customers apprehensive and may want to confirm the legitimacy of Acre Gold before committing.
Customers don't have to worry since their transactions are genuine. Acre Gold's bullions are designed in the United States and minted in Switzerland. All gold bars come with a certificate of authenticity proving the firm's legitimacy.
Can I Resell my Gold Bars to Acre Gold?
Acre Gold doesn't offer a buyback policy. This means that even though they promote gold investment, they don't provide customers with a straightforward way to liquidate their investment. To sell your gold bars, you may have to visit a mint shop, pawnshop, or precious metals dealer.
Does Acre Gold Offer Retirement Investment Services?
One of the major demerits of Acre Gold is that it doesn't offer IRA services. Most precious metal companies allow customers to diversify their retirement portfolio to include precious metals; this way, they can secure their future against inflation. Acre Gold only offers monthly subscriptions as an affordable way of owning gold.
In this modern era, people need to find a safe way to secure their future. One of the best ways to secure your future is by diversifying your investment portfolio through precious metals. Acre Gold offers a flexible and affordable way to own gold and explore the precious metal investment industry.
Acre Gold allows you to pay monthly subscriptions from which you can get gold bars. After paying a membership fee of $12 and completing your monthly payments, you are offered options on how to proceed.
Investing in precious metals carries the same risk as other investments. It would help if you carried out adequate research before buying your subscriptions. Go over customer reviews and talk to previous customers to find out their experience. According to this review, Acre Gold checks out as a legitimate business, and customers can consider investing with them.