Camino Coin Company Review

If you’re interested in investing in IRAs, gold, and other precious metals, then getting started can be complicated. There are so many different companies out there, and each of them claims to be the best. And, if you’re just starting out, one of the companies you might be looking into is Camino Coin Company.

It’s worth noting that while the Camino Company works with external partners in the production of IRAs, it doesn’t directly extend IRAs. However, through working with New Direction IRA or the GoldStar Trust Company, you can get a fully functioning IRA to meet your needs.

In terms of precious metals, buying and selling bullion, and even numismatics, this company has a lot to recommend it for. From the wide range of available products to the stellar customer support, it’s a company worth considering. But is this the right company for you? Is this the best place to invest in gold and silver IRAs? That’s exactly what we’re going to find out in this review.

Camino Coin Company Overview

Founded in 2007, the Camino Coin Company is a well-established company with 16 years of experience in the investment business. Located in Burlingame, California, the focus of the company has always been to provide a diverse array of products and services to clients.

However, the main thrust of the business revolves around buying and selling precious metals. You can trade in gold, silver, platinum, and even palladium through the Camino Company. They also host a trade in numismatics, focusing on various coins and currencies.

The heart of the company is a small mint, producing small, limited runs of different types of coinage and bullion. However, they also buy minted coinage internationally, allowing them to offer their customers a range of different sought-after coins and currency types.

Camino Coin Company Products and Services

Each company has to earn an income, and the Camino Coin Company earns it by buying and selling precious metals. Let’s take a closer look at some of their products and services.

Precious Metals IRAs

As you would expect from an IRA company, the Camino Company hosts an array of different investment opportunities for those seeking precious metal IRAs. Essentially, you can choose between three approved precious metals: gold, silver, and platinum. 

The Camino Coin Company partners with New Directions IRA to provide their customers with bespoke IRAs. Let’s take a closer look at the metals on offer.

Gold Coins and Bars

As you’ve probably anticipated from an IRA specializing mainly in precious metals, the Camino Coin Company stocks a wide variety of gold coins and bars. Here are a few of the gold coins and bars available at this dealer:

  • American Gold Eagle Coin
  • Austrian Empire Gold Coin
  • American Gold Buffalo Coin
  • Gold French 20 Franc Coin
  • Gold Swiss 20 Franc Coin
  • Canadian Gold Maple Coin
  • British Gold Britannia Coin
  • Austrian Gold Philharmonic Coin
  • Australian Gold Kangaroo Coin
  • 1g gold bars
  • 2g gold bars
  • 1oz. gold bars

Silver Coins and Bars

Silver, or white gold, is another of the popular precious metals. The Camino Company offers a range of different options for purchasing this precious mineral, including the following:

  • American Silver Eagle Coin
  • Australian Silver Kangaroo Coin
  • Canadian Silver Maple Leaf Coin
  • South African Silver Krugerrand Coin
  • British Silver Britannia Coin
  • Generic Silver Rounds
  • 1oz., 5oz., 10oz., 100oz. Silver Bars
  • 1kg Silver Bars 

Platinum Coins and Bars 

Platinum is another of the popular precious minerals, and the Camino Company offers three different ways to purchase this precious metal. Namely, the options are as follows:

  • 1 oz. Platinum Bars
  • Canadian Platinum Maple Leaf Coin
  • American Platinum Eagle Coin

Bullion Storage

Bullion storage is another service offered by the Camino Company. They have partnered with CNT Depository Services to provide high-quality, reliable storage for your precious metals. 

While they technically don’t receive any income from recommending CNT Depository Services to their customers, the Camino Coin Company feels safe and secure recommending this renowned company as a means of safely storing metals. 

Here are a few relevant things you should know about CNT Depository:

  • It’s privately owned and has a floor space of 63,000 ft2.
  • The building is rated Class 3 UL.
  • Both physical and electronic security measures have been incorporated into the construction of the building. This type of layered approach helps ensure the safety and security of your goods.
  • The depository operates on the principles of allocated and segregated storage. This means that your precious metals get stored separately from everyone else’s and that you’ll get back the exact metals that you put in.
  • The depository offers IRA storage, and the employees will ensure that your precious metals are securely packaged and stored for the duration of their stay at the depository.
  • The depository holds monthly and annual audits to ensure the safety of your goods. All precious metals are also fully insured by Lloyds of London for the duration of their stay in the depository.

Camino Coin Company Fees and Costs

Unfortunately, the Camino Coin Company doesn’t currently offer a comprehensive layout of their fees and costs. However, we were able to determine that all the fees are flat. Rather than using a sliding scale like some other financial institutions do, they’ve opted for flat fees, which make it easier for the customers to keep track of things.

Another aspect that might be slightly concerning is that there are no layouts describing the leadership of the business. While the leadership is likely top-class, customers don’t get the opportunity to learn for themselves and draw their own conclusions.

Customer Support

Since the Camino Coin Company is a relatively small private mint, it doesn’t offer all the bells and whistles that some larger companies might. However, that doesn’t mean you’ll struggle to get in touch with them.

If you wish to contact this company, you have several options. You can visit their offices or store, send an email, fill in the online contact form, or simply phone them. 

While the company isn’t operational on Sundays, you can contact them any other day. On weekdays, their trading hours run from 9:00 AM to 16:30 PM. On Saturdays, they are open from 9:00 to 15:00.

Pros and Cons

There are several great things about the Camino Coin Company, but it’s not perfect either. Let’s take a closer look at the pros and cons of this company.

Pros Cons
+ Wide range of precious metals for sale
+ Offers precious metal storage through CTN Depository Services
+ All fees are flat, with no sliding scales
– Some of the higher-demand items may not be readily available
– Not all of the coins and bars are viable for inclusion in an IRA
– Lack of transparency regarding the leadership team

Final Thoughts

The Camino Coin Company is an excellent place to invest if you’re looking to invest in IRAs revolving around precious metals as a commodity. While this company doesn’t necessarily have the widest range of investment options, it certainly meets the standard where precious metals are concerned. 

If you’ve been looking at Camino financial reviews and wondering whether or not this is the company you should use for your IRAs, they’re well worth considering. The main disadvantage here is that they offer IRAs through a third-party vendor rather than directly. Their preferred partners for IRAs are the GoldStar Trust Company and New Direction IRA. Another thing that may be mildly concerning is the fact that many of their more popular items are often out of stock. Unfortunately, this is one of the disadvantages of working with a smaller mint like this one.

However, in terms of the precious metals themselves, this is a worthwhile company. Not only do they have a wide range of different options, but most of the bullion and currency produced and sold is suitable for IRAs.

Article Sources

At Gold IRA Blueprint, we dive deep into the world of gold IRAs, using trusted sources to back up our insights. Our sources range from official documents to expert interviews, ensuring our content is both accurate and reliable. We also draw on research from reputable publishers to give you the most comprehensive understanding possible. Check out our editorial policy to see how we maintain our high standards for accuracy and fairness. Also make sure to check out our Financial Review Process to have a better understanding of our process.

https://caminocompany.com/

https://www.bbb.org/us/ca/burlingame/profile/coin-dealers/camino-coin-company-1116-70214

5/5 - (1 vote)

  • James Johnson
    [Main Author]

    James Johnson is a visionary leader and prolific writer with a deep understanding of Gold IRA investments and retirement planning strategies. As the CEO and main writer of Gold IRA Blueprint, James combines his expertise in financial writing with his passion for empowering individuals to make informed investment decisions, providing readers with invaluable insights and guidance to navigate the complexities of retirement savings.

  • Callista Ellington
    [Co-author]

    Callista Ellington is a dedicated professional with a passion for empowering individuals to make informed financial decisions, particularly in the realm of precious metal investments and retirement planning. With a solid foundation in financial analysis and investment research, Callista specializes in Gold IRA investments, offering expert guidance to navigate the complexities of the precious metals market.

  • Remy Hawthorne
    [Reviewer]

    Remy Hawthorne is a detail-oriented professional with a keen eye for accuracy and a passion for ensuring the quality of information in the realm of Gold IRA investments. As an Article Reviewer specializing in Gold IRA content, Remy meticulously evaluates articles, scrutinizing content for accuracy, clarity, and relevance to provide readers with reliable insights and guidance to navigate the complexities of retirement planning.

  • Thalia Kingsley
    [Fact Checker]

    Thalia Kingsley is a detail-oriented professional with a passion for ensuring the clarity, accuracy, and coherence of financial content, particularly in the field of Gold IRA investments. Leveraging her expertise in proofreading and accuracy review, Thalia plays a vital role in enhancing the quality and credibility of investment materials, ensuring that readers receive clear, reliable, and actionable information.

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