About Monterey Gold & Coin Exchange

Looking to sell your precious metals to the highest bidder? If you are in Pacific Grove, California contact the Monterey Gold & Coin Exchange as they pay the highest price for gold, silver, jewelry, and coins.

Where to Find Monterey Gold & Coin Exchange:

Located in the American Tin Cannery and Serving Monterey County

Location: 125 Ocean View Blvd #208, Pacific Grove, CA 93950

Contact Phone Number: 831-521-3897

Store Hours: Monday to Saturday 10 am - 5 pm

In its retail location, Monterey Gold & Coin Exchange offers a variety of coins, collectibles, gold, and silver. In addition, they sell gifts in their local shop for visitors to the area.

What to Know About Selling Gold and Silver Coins & Bars

You collected several gold and silver coins, rounds, and bars over the years and you figure now is a good time to sell. 

Here are the Top 5 Things to Know about Selling Precious Metals

1. Gold and Silver Prices start with the current Spot Price. The Spot Price determines the starting point. Most Bullion will get paid less than Spot. Some exchanges or dealers will pay anywhere from 3-10 percent below the current spot price for bullion coins and bars. 
2. Junk-Silver - Dimes, Quarters, and Half-Dollars produced Pre-1965 have less than .999 purity silver. All 1/2 dollars issued in 1964 and before have 90% silver or 11.4 grams of silver. If the spot price of silver today is $23.50 per troy ounce then one 1964 1/2 Dollar can have the silver value of 0.362 x $23.50 or $8.51. The collector value of these types of coins can be higher than the value of the silver. Kennedy Half-Dollars pre-1965 have greater collectability. 
3. Every dealer will have a different "buy" price. The local coin dealers or larger online Gold or Silver IRA dealers will pay differently. Do you have an existing relationship? Did you buy the bullion from them originally? Many factors go into your offered price. Dealers are in the business to make money. If you have a 1 oz American Eagle Silver Coin a dealer may have that item priced at $37-$42 each today. But with the current spot price of silver at $23.32 per troy ounce they will not pay you $40 per coin. They want to make money, so the price you will be offered will be at or below the current spot price. 
4. Need to Understand How Premiums for Bullion are Determined. Premiums originate from the mint company based on the cost of the metals along with the cost of production and minting. Once an item gets circulated, the cost of the premiums is the spread between what the dealer paid and what the buyer is willing to pay. The Premium for Silver typically is less than that of gold bullion. But, you must be aware of the premium to not extend your investment so far above the spot that you cannot recover from paying a high premium. 
5. Selling Sets or Rare Coins will get you the best price. The price paid will be based on several factors. One such factor is the demand for the product. If you have a BU Coin or Rare Coin or collectible, you could get a higher price and more than the spot price of the metal inside the coin. It seems like every year of production the U.S. Mint makes a mistake and there are coins circulated that are worth more than their face value. 

What Service Does Monterey Gold and Coin Exchange Provide

As a local gold and coin exchange Monterey offers the ability to buy and sell bullion, rare coins, and numismatics. They also offer a variety of gift items in their store.

According to their website, the primary business is the purchasing of bullion, gold, silver, jewelry, and scrap silver. 

Quoted "We pay the highest price of gold and silver in Monterey County".

Trustworthy Gold Buyer:

• Gold Bullion
• Gold Coins
• Scrap Gold
• U.S. Gold Eagles
• Luxury Watches

Dependable Silver Buyer:

• Silver Coins
• Silver Bullion
• Scrap Silver

Knowledgeable Jewelry Buyer:

• Antique Jewelry
• Estate Jewelry
• Broken Jewelry
• Unwanted Jewelry
• Scrap Jewelry
• Earrings
• Engagement Rings
• WeddingRings
• Necklaces
• Tennis Bracelets

FREE Appraisal on US Coin Collection - Bullion Buyer:

• Junk Silver
• 1/2 Dollars
• 1 oz or Fractional Gold Coins
• Gold Rounds
• Silver Rounds
• Silver 1 oz Coins
• Fractional Silver Coins

How to Sell to Monterey Gold & Coin Exchange

The best way to get your items sold when you live in the Monterey County area is by stopping by their location. For larger collections, it would be best to schedule an appointment by calling 831-521-3897. 

Many of the reviews found on Google and other locations indicate the customers were extremely happy with the offers made for their gold and silver at Monterey Gold & Coin Exchange. Several indicated they stopped at various coin shops prior to Monterey and was extremely satisfied with their CASH offer.

Is Monterey Gold & Coin Exchange a Good Place to Buy Gold and Silver for my IRA

The short answer is No!

While Monterey may have a few bullion pieces available to buy that would qualify for a SDIRA, you cannot purchase and hold them at home. They have a small quantity of bullion available and you most likely wouldn't get the quality of gold or silver required for your IRA. In addition, to buy within a self-directed IRA you must go through your custodian and store the metals in a secured storage facility. 

Where Should I Buy My IRA Gold and Silver Bullion?

The Plug has several gold IRA dealers we have reviewed. We believe there are two that top the list that are for those looking to diversify and invest using existing retirement savings. Having an existing IRA or 401(k) that you can roll over is ideal for a self-directed IRA started by those nearing or in retirement. The most reputable Gold IRA Dealers want to educate you before you purchase from them. 

Goldco and Augusta Precious Metals top our list of the two best Gold IRA Dealers. Click on the links below if you wish to get more information. Check out our 5 Best Gold IRA Companies review to get more information about each business. Remember Gold IRA Companies are Gold and Silver Dealers, they are not custodians. They will help you facilitate the set-up of your SDIRA and provide education and assistance when purchasing your metals. They will not advise you on investment purchases. They are the authority when it comes to understanding how precious metals can benefit your retirement savings and they provide some excellent educational resources. 

Final Thoughts on Monterey Gold and Coin Exchange

It is apparent that the Monterey Gold and Coin Exchange is an excellent choice for those looking to sell their precious metals, gold and silver jewelry, watches, and silver flatware. Their location in Monterey County, California gives those residents in the area an excellent opportunity to get the best cash offer for the items.

While not the best choice for buying gold and silver bullion, the knowledge you get from a local dealer can be invaluable for making larger IRA transactions. 

Check out their location in the Old Tin Cannery Building next time your on Ocean View Blvd in Pacific Grove. 

Who Is Bullion Exchanges?

Bullion Exchanges, also known as BE, is a precious metals retailer of bullion, collectibles, rare coins, numismatics, Proof coins, and rounds. They also sell unique silver collectibles, including bullets, guitar picks, rare coins, and junk silver, along with a variety of other items in-store. 

Bullion Exchange provides buyers an opportunity to come into their location in the Diamond District of New York City or purchase products online. 

Store Location:

30 West 47th Street, Store 1

New York, NY 10036, USA

Customer Services is Available Monday - Friday, 9 AM - 5 PM ET

Retail Store is Open Monday - Friday, 9 AM - 4 PM ET

Contact Phone # - 800-852-6884

Email - customerservice@bullionexchanges.com

About Bullion Exchanges

Bullion Exchanges is about providing bullion to those looking to add precious metals to their portfolio or those looking to collect unique numismatics, rare coins, or rounds.

Having both an online presence and a storefront, Bullion Exchanges provides the access and visibility necessary to sell coins, rounds, and bars.

Products at the Bullion Exchanges include gold, silver, platinum, and palladium. But those are not the only products and metals; they also have copper, Rhodium, currency, and additional collector products, including trading cards, currency, Bullion exchange exclusivesBullion Exchanges, with both an online presence and a storefront,, and more. 

Since 2012, Bullion Exchanges has provided customers with various precious metals at competitive prices. While touted to have 4.8 stars with ShopperApproved, they have less-than-favorable reviews with most sites.

What Else Does Bullion Exchanges Do?

At Bullion Exchanges, they offer the following services:

• Sell Gold and Silver for Cash - they purchase gold, silver, platinum, palladium, rhodium, even diamonds and scrap metal. 
• Price Match Guarantee - competitive website price matching. Restrictions apply.
• Rewards Program - members get 1 credit for every $1 spent. Their Bullionaire Bucks are stacked in your rewards account and you can redeem them at any time. 1,000 Bullionaire Bucks is worth $1 off your future purchase
• IRA Gold - Bullion Exchanges offers a Gold IRA program. They can sell you gold or silver qualified for your current self-directed IRA or you can start a new Gold IRA.

What is a Gold IRA?

A Gold IRA, also known as a precious metals IRA, is a specialized retirement account that allows individuals to hold physical gold and other precious metals as part of their investment portfolio. Unlike traditional Individual Retirement Accounts (IRAs) that typically hold stocks, bonds, and mutual funds, a Gold IRA offers the unique advantage of diversification through tangible assets.

By adding gold to their retirement savings, investors can hedge against economic uncertainties and protect their wealth from the volatility of traditional financial markets.

One critical feature of a Gold IRA is the ability to hold physical gold bullion or coins approved by the Internal Revenue Service (IRS). These IRS-approved metals include gold, silver, platinum, and palladium, and they must meet specific purity requirements.

• Gold Purity of 99.5%
• Silver Purity of 99.99%
• Platinum Purity of 99.95%
• Palladium Purity of 99.95%

With an SDIRA, you are the manager of the account and responsible for the investment decisions. While you manage the purchases and transactions, you are required to use a custodian when opening a self-directed IRA account. The custodian does not recommend investments for your self-directed IRA, they are responsible for the reporting and record-keeping of the investments. 

Once you choose a custodian, you can purchase precious metals from any dealer and have them sent to a secured storage facility, a.k.a. a Depository. IRS regulations restrict holding physical assets personally, and they must be stored in an approved facility. It would be best to work with a knowledgeable Gold IRA Dealer with the experience and knowledge necessary for IRA transactions. These companies will educate you, assist you with the paperwork, and guide you through the transaction process. 

Ultimately, a Gold IRA allows individuals to diversify their retirement savings by including physical gold and other precious metals. By doing so, investors can safeguard their wealth against inflation, geopolitical risks, and market volatility. Before establishing a Gold IRA, it is crucial to consult with a financial advisor or tax professional to understand the eligibility requirements, contribution limits, and tax implications associated with this type of retirement account.

Bullion Exchanges Preferred IRA Custodian and Depositories

If you have not opened a Gold IRA and wish to start one with Bullion Exchanges their process is relatively simple. You can start the application process online and once completed and funded, the preferred custodian will inform Bullion Exchanges and you can choose your metals, purchase them, and have them delivered to a depository.

Working with a company that does not specialize in Gold or Silver IRA is your choice but could be a risky decision. If you wish to get the most out of a Gold IRA you want to work with the best. Get more information on Gold IRA companies that specialize in precious metals SDIRA in our 5 Best Gold IRA Companies review. The top 2 options are all about educating their clients. The top two have higher minimum requirements because they want to educate their customers to understand the ins and outs of precious metals and how they benefit retirement savings before any purchase is made. 

Bullion Exchanges is not a custodian; they are a precious metals dealer. They can only facilitate the Gold IRA process, and as they are not an advisor, they cannot recommend any investments. While they legally cannot do more than transact your gold or silver purchase, they can help navigate the world of bullion to help make sure you are purchasing IRA-approved metals. Need help choosing a precious metals dealer? Check out our article on How to Choose the Right Gold or Silver Dealer for Your Savings. 

Bullion Exchanges Preferred Custodians:

• GoldStar Trust Company - based out of Canyon, Texas for 30 years
• Equity Trust Company - based out of Westlake, Ohio, and founded in 1974

Bullion Exchanges Preferred Depositories:

• IDS of Delaware and IDS of Canada (international) - approved depository
• SWP Cayman Islands - (Strategic Wealth Preservation) is based out of the Cayman Islands. 

You can open a new account with Bullion Exchanges using their preferred vendors or you can open a Gold or Silver IRA with a custodian of your choice and utilize the company to purchase your metals. 

How to Fund a New Gold IRA?

To fund a Gold IRA, two primary options are available: yearly contributions and rollovers from existing retirement accounts.

1. Yearly Contributions: Investors can contribute to their Gold IRA every year, subject to the current contribution limits set by the IRS. In 2024, the maximum contribution limit for individuals under 50 is $7,000, while those aged 50 and above can contribute an additional catch-up amount of $1,000 for a max yearly contribution of $8,000. By making annual contributions, investors can radually build their Gold IRA over time, acquiring precious metals to diversify their retirement portfolio.
2. Rollover from Existing Retirement Account: Another option to fund a Gold IRA is by rolling over funds from an existing retirement account, such as a 401(k) or a traditional IRA. This method allows investors to transfer funds directly from their current retirement account to a Gold IRA, providing a higher initial available capital to acquire more precious metals from the start. Rollovers also offer the advantage of maintaining the tax-advantaged status of the funds, as long as the transfer is done correctly and within the guidelines set by the IRS.

By utilizing a rollover, investors can take advantage of accumulated savings in their existing retirement account to kickstart their Gold IRA and potentially acquire a more substantial amount of precious metals initially, enhancing the diversification and potential growth of their retirement portfolio.

In summary, funding a Gold IRA can be accomplished through yearly contributions within the IRS-established limits or by rolling over funds from an existing retirement account. There are no penalties for completing a rollover from an existing account as long as the funds are deposited within 60 days to your new Gold IRA.

The option of rollover allows investors to start their Gold IRA with a higher initial available capital, enabling them to acquire a greater quantity of precious metals right from the beginning. It would be best for you to consult with a financial advisor or tax professional to make sure that you comply with IRS regulations and to make informed decisions based on individual circumstances.

What Gold and Silver Products Does Bullion Exchanges of New York City Offer

Bullion Exchanges have a variety of gold and silver coins, rounds, numismatics, and bars. In addition, Bullion Exchanges offers the Goldback Notes. These unique bills are infused with 24 carrot gold. Used both as a collector item and currency in specific stores, the Goldback Notes are a wonderful addition to your home storage or you could give them away as gifts. 

Is Bullion Exchanges a Reputable Gold Dealer

Reputation is built upon the backs of satisfied or unsatisfied customers. Today, word of mouth doesn't account for much and public forums and review services are where we get our information. The Bullion Exchanges has a mixed review. While they do have some positive reviews of people buying either online or in their store, there are several negative reviews also. 

Special Note Before Continuing: Review services are both a good source for quality information and a bad source for anyone with any grievance to have a forum to post negatively about a business. You must take into consideration all the information. Some sources like the BBB require businesses to pay for their accreditation status. And with the BBB an A+ rating looks good, but you need to check the star rating and reviews. Look out for those companies spending money for paid positive reviews. You find many of these types of reviews on Google and Facebook.  

Better Business Bureau (BBB)

• A+ Rating
• Accredited Business since December 17, 2015
• 2.55 out of 5 Stars
• 11 Customer Reviews Submitted
• 12 Complaints closed in the last 3 years
• 1 Complaint closed in the last 12 months

Yelp

• 55 Customer Reviews
• 3.5 out of 5 Stars
• Yelp does not allow businesses to pay to remove or alter reviews

Trustpilot

• 1,007 Reviews
• 3.7 out of 5 Star Rating

There has been a mix of review complaints. Some complaints indicate the product sold was not the product received. Looking for ASE-certified coins in ASE tubes and requested, but receiving something else. In addition, there were issues with the delivery of packages. Several issues here referenced not receiving their package and unknown signatures. While Bullion Exchanges is responsible for the delivery sales under a certain amount don't require signatures. In many cases, the company relied on the buyer to get police reports and jump through hoops to prove they didn't receive the package. The customer service appears fair when it comes to package delivery issues and buyers beware with home delivery.

Overall, the reviews are found to be enough to concern yourself with your buying decisions. The company has been in existence for many years and they have a physical address, but their reputation appears normal for many online gold retailers. 

Final Thoughts on Bullion Exchanges

A slightly confusing business name, Bullion Exchanges plays off the common name for gold and silver i.e. Bullion and the New York Stock Exchange "Exchanges". While catchy, the online bullion market is for gold and silver products. 

The business has existed for over ten years, and they have a presence online and in the Diamond District of New York City. Customers can walk into their store and buy coins, collectibles, IRA Approved Coins, and more. 

You can choose to work with Bullion Exchanges online to purchase your gold or silver for an SDIRA. They also offer the opportunity to join their community through their rewards program. 

While not every business will have the best overall reviews, the public should be knowledgeable of past experiences and work with the company to ensure the safe purchase and delivery of your bullion. 

Do your due diligence before buying to ensure you are fully aware of and understand the process. Ask questions and get all your answers before investing in precious metals. 

Amac (American of Mature American Citizens) is an association for those Americans who believe in the founding Fathers' vision for our Constitutional Republic. Started by Dan Weber in 2007, AMAC grew from concerns for America's seniors, and the realization that good information, trusted insight, reliable news, and an all-American source of grounded guidance were missing. Their mission states "Driven by the vision of our nation’s Founders, we strive to enrich the lives of all Americans by defending and upholding the inalienable rights secured by our Constitution, providing value through exceptional benefits and services, and delivering trustworthy news and information".

Before you run off to First Fidelity Reserve to buy gold and silver, finish reading this review. Their maybe a better Gold Dealer option that would be a better fit for you. 

First Fidelity Reserve:

Address: First Fidelity Reserve, 130 Shakespeare Beaumont, Texas 77706

Telephone: 800-336-1630

Email: customerservice@firstfidelityreserve.com

Website: www.firstfidelityreserve.com

While First Fidelity Reserve is a long-standing business both online and in a physical address in Beaumont, TX, they do have some negative reviews and overall star values with several different organizations. Read on to see what is said on the BBB, Google Business Profile, and other review sources.

First Fidelity Reserve AMAC

When you want to buy rare coins and numismatics look at First Fidelity Reserve as a viable option. Their website has products ranging from unique collectibles to IRA-approved coins. 

When buying coins, especially rare coins and numismatics you want to know the guy valuing your items is knowledgeable and experienced. 

At First Fidelity Reserve Dr. Mike Fuljenz is providing that security. 

Dr. Mike Fuljenz is Owner and Expert:

Dr. Mike Fuljenz, is renowned as America's Gold Expert® and the esteemed Numismatic Consultant at First Fidelity Reserve®. With an exceptional track record, Dr. Fuljenz has garnered over 60 prestigious national and regional awards for his remarkable contributions to educating and safeguarding consumers in the realm of rare coins and precious metals.

His unparalleled expertise has been widely recognized, earning him accolades such as the Best of the Year awards from both the Numismatic Literary Guild and the Press Club of Southeast Texas. In 2013, he received the distinguished Clemy Award, the highest honor bestowed by the NLG. Dr. Mike Fuljenz is frequently sought after as an expert guest on prominent business and personal finance programs like Fox Business Network and CNBC. His insights have been featured in esteemed publications including The Wall Street Journal, USA Today, Kiplinger's, and the Los Angeles Times, making him a trusted source within the industry.

The wealth of knowledge and experience possessed by Dr. Mike Fuljenz, coupled with his numerous accolades and distinguished service, make him an invaluable asset for numismatic and rare coin buyers. Working with a company under his leadership ensures access to unparalleled expertise, consumer protection, and a commitment to excellence in the field of rare coins and precious metals.

Benefits of First Fidelity:

• Free insurance during the shipping of precious metals
• Signature required to confirm delivery
• Pay by Credit or Debit Card - for quick and easy shopping
• Option to Pay by Personal Check  or Bank Wire - holds required prior to shipping
• Free shipping for online orders over $199.00
• 30-Day 100% Satisfaction Refund Policy - check the fine print, this doesn't include bullion or special orders - verify before you buy
• Discount of 3.85% if you pay by check, money order, cashier's check, or wire for online store orders. 
• Willing to Trade bullion or coins
• Buy Gold, Silver, Platinum, and coins

First Fidelity Reserve Silver

Featured Products:

Latest Products:

Rare Coins:

When you are shopping, the First Fidelity Reserve offers online pricing so you can see what the price is and make a purchase online if you choose. Contact the office if you are looking for a unique or one-of-a-kind coin, something other than what is offered online or if you wish to sell your numismatics and rare coins.

Gold and Silver Coins Offered Online:

How to Buy Gold and Silver from First Fidelity Reserve

If you find a coin, round, or bar on the First Fidelity Reserve website you can purchase it immediately by clicking Add to Cart. If you are not comfortable purchasing online contact First Fidelity on their 800 number and talk with a representative. 

First Fidelity Reserve takes payment online via credit card, cashier's check, personal check, or a money wire. Here are some of the requirements, check on their website for more information. 

• Open an account with First Fidelity Reserve - get the benefits of pre-authorized credit cards and historical payment processing. In addition, you can get special offers and promotions via email as an account holder. 
• Pay by credit card or personal check, money order, cashier's check, or bank wire.
• 3.85% discount if you pay by check, money order, cashier's check, or wire - discount does not apply to credit card transactions, phone orders, and some promotional offers
• Checks, money orders, cashier's checks, or wire transactions may require holding your metals before delivery for up to 15 days or longer. 
• 30-Day Cancellation Policy - restrictions apply - 100% guarantee of satisfaction - verify if your order qualifies
• First Fidelity Reserve offers FREE shipping for orders $199 or more
• First Fidelity Reserve insures all packages during shipping and requires a signature for certain transaction limits. 
• Transaction Prices are Locked In at the Time of Purchase for online or credit card orders - your payment is due in 5 business days from the date of order if you are paying by check or money order. However, your payment is locked in by Credit Card even if you are paying with a check.

Is First Fidelity Reserve a Reputable Gold Dealer?

When you consider the term "reputable" as a company having a good reputation, then we need to consult the review services and find out what others say about a business. At The Plug, all our reviews include a section that involves checking online review service and looking for complaints along with reading the positive and negative reviews. We base our opinion on the overall consensus of information to determine if the business is "reputable". 

In our research, we found that while First Fidelity Reserve has been in business for over 35 years, there is little found from sources such as Yelp, Trustpilot, TrustLink, or the Business Consumer Alliance. These forums are where many of the reviews are found and complaints are logged. Their Facebook page for the business doesn't even have its "review" feature enabled for customers to provide reviews for others. 

Two places where we found information for the business were the BBB (Better Business Bureau) and the Google Business Profile. Here is what we found from these sources:

Better Business Bureau:

• Customer Reviews of 3 
• Overall Star Rating of 1 out of 5
• A+ Accredited Business (this has nothing to do with the reviews)
• 5 Complaints closed in the last 3 years
• 2 Complaint closed in the last 12 months

The complaint this year was based on bad customer service. The complaint was resolved to the complainant's satisfaction. Another complaint was about the timing of shipping. It appears both responses by the company are similar, that the product wasn't available for immediate shipping. Check complaint information by clicking here.

Google Business Profile:

• 42 Google Reviews
• Overall Star Rating of 3.7 out of 5

The most recent review left spoke about the company being a Coin Collector and telling the reader to be watchful of the coins they are trying to sell you. Many reviews are positive 5 out of 5 stars with customers satisfied with their transaction. Another complaint said they offered 23% below what a customer had purchased the coins for originally. Check out their Google Business Profile by clicking here.

First Fidelity Reserve is a member of their local Chamber of Commerce and has 39 reviews here with a 3.5 out of 5 stars.

Special Note About Reviews: when checking the reputation of a business review services are one way to get to know a business. The more reviews the more responses you can read. But, be cautious of reviews. There are services businesses will use to pump up positive "fake" reviews to get a higher Star Rating. In addition, the competition or just internet trolls will put negative reviews on pages, even though there was no transaction, just to make a business look bad. So, use reviews, but use them as part of your understanding of a business and your trust in a company will only come from the actual transaction YOU have with them. 

If you are buying gold or silver within your SDIRA, then you should contact our #1 choice for Gold and Silver IRAs. 

Knowing what others experienced with First Fidelity Reserve you may choose to find an alternative Gold Dealer for your transactions. There are hundreds of online gold dealers and there are extremely reputable Gold IRA companies. Choosing which is best for you is based on your buying plan. Are you looking to conserve your wealth and cash and buy gold or silver as a hedge against inflation and the devaluation of the dollar? Then you may need to look at The Plugs Best Gold IRA Dealers and contact one of them before you buy. 

If you are looking to just buy gold or silver coins for stacking, check out this online retailerof gold and silver and see if they are currently offering what you are buying. 

Buying Gold and Silver in a Self-Directed IRA

The precious metals market can be challenging and confusing at times. The decision you have to make is whether you are an investor looking to use a retirement account like a self-directed IRA or are you a collector who likes to own numismatics and rare coins. You could be both, but few are because of the knowledge and educational requirements to be an informed buyer.

A gold or silver IRA is a great option if you are wanting to invest with existing retirement savings by placing a portion of that savings into physical metals like gold and silver. 

There are tax advantages of holding metals in an IRA including pushing off paying tax on the appreciation of assets until later when your tax bracket is lower. 

The SDIRA is self-managed by you, with the assistance of a custodian who tracks the purchases and completes the necessary paperwork to make sure you are staying compliant with the IRS rules. 

When choosing a self-directed IRA for your physical gold or silver you will want to work with the most reputable companies. Gold Dealers who specialize in Rollovers and precious metals that are IRA/IRS approved. 

Is a Gold IRA right for you? That is a personal decision that you should not be pressured into deciding or investing right away. Getting informed is best and then choosing a reputable Gold Dealer is where you want to start. Our 5 Best Gold IRA Companies article would be a good source to see who we believe are good and reputable Gold Dealers. 

Does First Fidelity Reserve specialize in Gold IRAs? Based on our research they know Gold IRA and they sell products that would qualify for a SDIRA. But, they are a coin dealer and therefore when you work with several numismatic, rare coins, and bullion you cannot be an expert and have all the necessary qualified coins for an SDIRA. But, don't overlook them as a good source to check prices against other coin dealers. 

Final Thoughts on First Fidelity Reserve

While we do believe First Fidelity Reserve can assist buyers of gold and silver products, their overall reputation of providing the best customer service is about average. In addition, their premiums above spot are many items online appear to be higher than competitive online retailers. In the precious metals industry, there are few companies with no complaints. If the business has been around long enough they probably have several complaints. 

As a business that started as a coin store in Texas, they moved to the internet to sell products online. Many local dealers have gone through this process over the past 10 years and these local coin shops are a good source for education if you can get into their stores. 

We think they are not a shady business, but they are a business and that means making money. They offer discounts to Amac members, which is a good thing, but make sure you are not overpaying on "specialty" items or numismatics that are worth little more than the spot price of the metal. 

Coins, Bullion, Proofs, Numismatics, and Rare Coins are all valued differently. The spot price can tell you what the melt price of that item might be worth, but when you are working with rare coins and numismatics you are buying based on rarity, demand, and supply. Premiums will vary, buying IRA-approved bullion is some of the easiest to prices to understand. You are paying a spot price + premium for this type of coin or bar. But rare coins and numismatics can have a higher premium because of the coins. 

Be cautious when buying gold or silver or any other precious metals. Do your due diligence before buying. If you're not sure what questions you should ask, start with these 42 questions we put together. 

The Plug nor any company we speak of here on our website are not investment advisors. The Plug is a source for readers to gain an understanding of precious metals and how they can be purchased through an IRA or with savings. No person should buy precious metals if they don't understand how they can be of benefit to them in the future. Rarely, can you buy precious metals coins, or bars and make a profit in the short term. 

Suppose you need help comprehending the current state of the stock market and harbor concerns about your retirement prospects. In that case, The Plug is here to help you find the most suitable precious metals dealers to work with. Diversifying your investment portfolio to safeguard against inflation may present the most promising avenue. An effective strategy for hedging against inflation involves investing in precious metals such as Gold, Silver, Platinum, and Palladium.

To facilitate the purchase of precious metals, the IRS permits investors to utilize a self-directed Individual Retirement Account (IRA). This type of IRA grants investors the same tax benefits as a Standard or Roth IRA while affording them control over their investments. Notably, investors enjoy the flexibility to buy or sell precious metals at their discretion, deferring any tax implications until the commencement of distributions. Given the IRS's specific guidelines regarding Gold and Silver purchases within an IRA, it becomes imperative to collaborate with companies that provide precise and reliable information, considering that we are not all tax advisors or IRS agents.

Determining which companies are most reputable and suitable to engage with can take time and effort. The internet presents vast information that can be daunting if you need to know who to believe. We want to simplify matters. At The Plug, we aim to alleviate this burden by streamlining the process and presenting you with the top Gold and Silver IRA businesses, online dealers, and local coin shops to eliminate the need to start from scratch.

Before we get started with The Coin Bullion Store Review:

It's tough to determine which precious metals dealer is reputable and reliable for your investment needs. The Plug aims to provide you with as much useful information as possible to shorten your decision-making process. The Best Gold IRA Dealers want to educate and inform their clients. We've broken down a list of the Top Gold and Silver IRA Companies for your review. 

Who is The Coin Bullion Store

Photo provided by thecoinbullionstore.com website

The Coin Bullion Store is a local precious metals retailer that offers coins and bars for investors and collectors. They have a minimal online presence and have a retail store location to complete their buying and selling transactions. 

According to the Arizona Corporation Commission, The Coin Bullion Store is an LLC and was incorporated in August 2020. The owners are Michael McNally and Theodore Balsimo. 

The Coin Bullion Store is located at 1107 S. Gilbert Road, Suite 109 Mesa, AZ 85204 within the Santa Fe Square office and retail center.  You can get in contact with the store by calling 480-620-2822. Want to check out their website www.thecoinbullionstore.com

We were unable to find a BBB record of the business, but we were able to find a Google Business Page and Yelp reviews. 

The Coin Bullion Store is a local coin dealer located in Mesa. They specialize in smaller quantity transactions of precious metals including gold, silver, platinum, and palladium. The Coin Bullion Store is not a Mint or refinery. You will not get uniquely minted coins or bars produced by them. 

The website for The Coin Bullion Store does not provide in-depth information on the business, its history, or the owner's knowledge. It does provide information that tells you they work with gold and silver coins and they are in the market to buy your precious metals and Sterling Silver Flatware. In addition, the website emphasizes the quality and authenticity of the products it provides. It mentions that the bullion items are sourced directly from reputable mints and suppliers, suggesting a commitment to offering genuine and certified products to customers.

What Does The Coin Bullion Store Offer

Photo provided by thecoinbullionstore.com website

After reviewing the website and reading the customer reviews it appears that the store offers a wide selection of gold and silver products both of the investment grade IRA type, e.g. American Eagle Silver and American Eagle Gold, along with several rare coins and numismatics. 

Rare Coins:

Rare Coins: Rare coins are coins that have limited availability or are scarce in the market. These coins are typically valued for their rarity and historical significance rather than their intrinsic metal value. The rarity of a coin can be determined by factors such as its age, mintage numbers, historical importance, and condition. Collectors and investors often seek rare coins for their numismatic value, which goes beyond the value of the metal content.

Numismatic Coins:

Numismatic Coins: Numismatic coins, on the other hand, refer to coins that are specifically collected and studied for their historical, aesthetic, and cultural value. Numismatics is the study or collection of coins, and numismatic coins are those that have value to collectors beyond their metal content. These coins may include rare coins, but they can also encompass coins that have specific characteristics, such as limited editions, special mint marks, unique designs, or significant historical or cultural associations.

IRA Approved Bullion:

IRA-approved bullion refers to certain types of precious metals that meet specific requirements set by the Internal Revenue Service (IRS) for inclusion in an Individual Retirement Account (IRA). To be considered IRA-approved, bullion must meet purity standards and be produced by approved mints or refiners. Typically, gold, silver, platinum, and palladium bars or coins meeting these criteria can be included in a self-directed IRA. By investing in IRA-approved bullion, individuals can potentially diversify their retirement portfolios and benefit from the tax advantages offered by IRAs while holding tangible assets that have a history of being recognized as stores of value.

Buying Service:

As a service to their customers, you can shop their store for your next purchase or if you are selling your precious metals you can get a cash offer from the owners. 

The Coin Bullion Store also purchases Sterling Silver Flatware. When you're cleaning out the storage and you don't know what to do with your silver flatware, contact the store for an offer to purchase.

For those who cannot make it to the store or who want a more secure and confidential appointment, get an "In-Home" appointment by calling the store. 

Current Silver Offered:

• American Eagle 1oz
• Canadian Maple Leaf 1oz
• Austrian Philharmonic 1oz
• Morgan Silver Dollar 1878-1904 (1921) 
• Misc. Silver Bars 10 oz
• Generic Silver Rounds 

Current Gold Offered:

• American Eagle 1oz
• American Buffalo 1oz
• Canadian Maple Leaf 1oz
• Austrian Philharmonic 1oz
• Saint Gaudens 1907-1933
• Liberty Head 19=850-1907

What's Different about The Coin Bullion Store

What makes the store different than most we have reviewed? They provide their price right on the front of their website and in their store. There is no question about the price of the coin or bar as they have it labeled "Sell Spot + $120" or "Sell Spot + $5.75". 

What they are doing is telling their customers upfront that their prices are Spot + an amount. There is no question, they don't change their prices based on the spot price today or give some random premiums that are not understandable. They are forthright with their customers and that is appreciated.

Understanding Coinage via Private Mint vs. Sovereign Mints:

When considering bullion options at a coin store like The Coin Bullion Store, it's important to understand the distinction between private mint bullion and sovereign mint bullion. Private mint bullion is produced by private companies or independent mints and may offer unique designs and limited editions. While it can be visually appealing, buyers should carefully assess the reputation and reliability of the private mint before purchasing.

Sovereign mint bullion, on the other hand, is produced by government-backed mints such as the U.S. Mint and carries the assurance of their sovereign guarantee. Sovereign mint bullion typically adheres to higher quality standards and is more widely recognized, making it easier to buy, sell, and verify.

When visiting a coin store and looking at a variety of offerings, it is crucial to consider the reputation of the mint the coin comes from along with the authenticity of the bullion, and the market liquidity and recognition of the products, ensuring a sound investment and peace of mind.

How is The Coin Bullion Store's Reputation

Based on all the information we were able to research and find online from Yelp and their Google Business Page The Coin Bullion Store is reputable and highly praised by their customers. 

On the Google Business Profile, the store has 94 reviews with 5 Stars. Note: the stars appear to be 5 out of 5, but the reality is they are probably just under 5 stars as there were some reviews found with less than 5 Star Ratings. 

On the business's Yelp page, they only have three reviews with an overall 4 out of 5 Star Rating. One review is a duplicate on the GBP and Yelp page. He gave a lower grade because he said there was friction in the store and he felt like the workers were rude. 

Almost all, close to 100%, of the reviews praised the owners for their time and education on precious metals. Many found their prices to be low or very competitive. One mentioned their local price was less than those she found online from precious metals retailers such as Money Metals Exchange which we did a review which you can read by clicking here. 

Final Thoughts on The Coin Bullion Store and Precious Metals Buying

As a buyer of precious metals do you consider yourself an investor or a collector? Knowing which category you fall into will help you decide where the best place is to buy your silver and gold coins and bars. 

As a collector, you may choose coins that are IRA approved, but you are more likely to gravitate to coins that are numismatic, rare, or even just a bag of junk silver. Collectors are looking for a unique find or to complete a set. They maybe collect all the coins in a series or like to show off their Bullion or Proof Coins at home. 

When you are a collector you need to be friends with all of the local coin shop owners. Having that relationship with The Coin Bullion Store may get you the prized coin you have been looking for. 

As an investor, you are looking for bullion or proof coins and bars that give you the best opportunity to gain appreciation in value while conserving your retirement savings through a physical gold or silver investment. You are looking for those IRA-approved coins, the ones you know every coin shop and online store or Gold IRA dealer is interested in when selling. These types of investments are easy to find and easy to sell. 

If you are an investor and haven't given thought to opening a self-directed Gold or Silver IRA, maybe now is the time. Using your retirement savings, that which is located in your current retirement accounts like your current Roth or Traditional IRA or maybe a prior employer's 401(k), allows you to use more resources to invest in precious metals. 

If you want to get more information on where to start with a Precious Metals IRA check out these articles we have here at The Plug. We don't specifically recommend any particular investment, but we do recommend Dealers that specialize in SDIRAs and they will help you complete the paperwork and rollover funds from an existing retirement account. 

Gold Bars: What is the difference between Combi, Cast, and Minted Gold Bars

Only $10,000 to Start?: What Precious Metals Company is Best if I only have $10,000 to Invest?

Guide to Physical Gold Buying: Beginners Guide to Investing in Physical Gold

Silver vs. Gold in 2023: Why Buy Silver not Gold in 2023

How to Choose a Dealer: Choosing the Best Precious Metals Dealer

We have several additional articles that may be of interest. Click Here, and I'll take you directly to our blog list, where you can find the articles you want to read.

In closing, The Coin Bullion Store is a viable store for those in the Phoenix area to purchase gold and silver. However, if you want to open a Self-Directed IRA, we recommend you look into our Top 5 Best Gold IRA Companies Review. 

Check out The Coin Bullion Store website, or walk right in and get the product you are looking for. 

Before we get started with Scottsdale Bullion & Coin Review:

Determining which precious metals dealer is reputable and reliable for your investment needs is tough. The Plug aims to provide you with as much useful information as possible to shorten your decision-making process. The Best Gold IRA Dealers want to educate and inform their clients. We've broken down a list of the Top Gold and Silver IRA Companies for your review. 

About Scottsdale Bullion & Coin

Scottsdale Bullion & Coin is also known as SBC Gold. They are a Scottsdale, Arizona precious metals dealer that works will all different metals types.

Management Team

When you are looking to buy or sell your precious metals the team at Scottsdale Bullion & Coin can help. The company does not hide behind its website keeping investors in the dark. When you want to know who you are working with their list of managers, advisors, information consultants, and administration team are all right there under the label "Who We Are". 

There are negatives in the bullion and coin industry of companies charging high premiums and using bait and switch tactics. But those businesses are not prominently showing off their mission and processes for everyone to see. 

SBC Gold Process

Scottsdale Bullion & Coin (SBC Gold) excel in their commitment to educating and informing buyers about precious metals investments. With a comprehensive approach, they provide in-depth knowledge of each investment opportunity, including the associated risks and rewards.

SBC Gold's personalized guidance ensures that buyers can make informed decisions based on their individual goals, whether it's diversifying their portfolio, seeking profit, protecting privacy, or building a rare coin collection. They maintain transparency and clear communication throughout the process, empowering buyers to navigate the world of precious metals with confidence.

SBC Gold's dedication to customer education sets them apart as a reliable resource for those looking to make informed decisions about their investments.

The Mission: "At Scottsdale Bullion and Coin, we want to help our investors understand what’s important to them in order to help them achieve their individual investment goals and needs."

SBC Gold's Professional Affiliations

An important aspect of a precious metals dealer or coin shop is their affiliations. Having the education, experience, and knowledge necessary to value and appraise coins and bars is vital to the valuation of an investor's portfolio.

Scottsdale Bullion & Coin, LLC is registered with the PCGS. PCGS is the Professional Coin Grading Service and is the industry standard for third-party certification. Using a PCGS certified individual you get impartial grading and authentication by the experts in rare coins and numismatics. 

Scottsdale Bullion & Coin is registered with the NGC. NGC is the Numismatic Guaranty Company. It is the world's largest and considered the most trusted third-party grading service for coins, tokens, and medals. With NGC grading collectors have the utmost confidence in the coins and grading backed by the NGC Guarantee. 

Scottsdale Bullion & Coin Services

When you contact SBC you have a plethora of services being offered under one roof. If you are a buyer of numismatics and rare coins, they offer a few coin options. If you are looking to buy bullion coins and bars, they offer these products also. As a full-service precious metals dealer you are able to use SBC to assist in setting up your Gold or Silver IRA. 

Education of Investors:

Educating the public on gold and silver investment is critical to ensure that clients are knowledgeable and understand the precious metals market. SBC offers Charts for Gold, Silver, Platinum, and Palladium where an investor can get today's Spot Price and review the spot price at any point in the past. 

The charts offered allow investors to view the price of gold over time in comparison to the Dow Jones, S&P 500, S&P Euro, Gold BUGS, WTI crude oil price, and the U.S. dollar index (DXY). As you can see in the chart below as of June 13, 2023, the value of the U.S. dollar is below that of the Dow Jones and Gold Sport Price. 

In addition to the charts and graphs offered, SBC provides in-depth information on precious metals investing and they provide readers with the Investing 101 for Beginners Guide. Before any transaction is made, the advisors at SBC Gold want to make sure you are fully aware of this type of investment vehicle and SBC provides detailed information for both beginners and advanced physical metals investors.

Sell Them Your Gold and Silver:

Get a cash offer for selling your precious metals to Scottsdale Bullion & Coin. As a full-service dealer, your transactions for selling your coins can be quick and easy. The process may take a few days, but you have the satisfaction of knowing you are working with a reputable dealer. 

SBC buys gold, silver, platinum, and palladium, along with numismatic and rare coins. Get a FREE Appraisal with every cash offer. You are able to sell the metals directly or you can get value for trade-in. 

How to Sell SBC Your Precious Metals? There is no obligation to sell and here are the three steps.

1. Show them your metals - bring them into their office or take clear pictures and send them a list of what you are selling 
2. Receive a cash offer - the expert appraisers will review the coins and bars and give you a cash offer on the spot.
3. Get Paid - commit to the transaction and get paid. 

The only downfall of selling them your coins or bars based on pictures would include the need to ship the metals to their office. If you are out of the area and cannot drive to their office in Scottsdale, you will need to be responsible for the shipping of the metals. You will also need to insure the package and take into consideration the fact that once they put their eyes on the metals they could alter or counteroffer the cash price. 

Invest Your Retirement Savings Using a Gold IRA

Precious metals IRAs a.k.a Gold IRAs or Silver IRAs are a vehicle for investors to utilize retirement savings to invest in physical precious metals. Called a Gold IRA, these self-directed IRAs give the investor the control to manage their retirement savings and buy and sell precious metals and have the same tax-deferred status as a traditional IRA. This opportunity allows investors the ability to cash out once they hit retirement age when their income tax requirements are at a lower rate putting more back into the pocketbook of the investor. 

Investing in Gold is a dependable asset that has over the course of time appreciated in value. Not intended to be a quick buy and sell an asset, the physical gold and silver are to be held for longer periods of time for the security of your retirement savings outside the traditional market investments. 

With the current market conditions in 2023, the world's economy is struggling and the U.S. Dollar is seeing itself be devalued by several nations. The dollar cannot buy today what it could even 1 or 2 years ago. Inflation is on the rise and the stock market is wavering. 

Precious metals are a means to diversify your portfolio, using your IRA or retirement savings from a prior employer's 401(k) allows you to keep the money in retirement accounts and not get penalized for taking early withdrawals. 

Fund a new Gold IRA with a rollover from a prior employer's 401(k) or a current retirement IRA. No penalty will be assessed and the transfer can be easy and painless. Buy your physical gold and have a physical asset that has been a safe haven from the market.

Choosing the right Gold or Silver dealer can be difficult. You can't even trust the reviews anymore as they are tainted with fake or paid reviews. Check out our blog on Choosing the Best Precious Metals Dealer for more information.  

Precious Metals IRA with Scottsdale Bullion & Coin

One advantage of using SBC as a collector of numismatic coins and rare coins, is you have the opportunity to also open a new SDIRA for retirement metals investing. The process is fairly simple and takes only 3 steps

1. Open a Self-Directed IRA Account
2. Fund Your Self-Directed IRA Account
3. Buy Physical Gold & Silver for Your IRA

Those ready to take the next step and start a new Gold IRA can contact SBC at 1-888-812-9892 to schedule a consultation.

While highly qualified to complete this task, investors should be cautious when choosing a Gold IRA dealer. There are several options in the market and each will have different positives and negatives. Check out our review of the 5 Best Gold IRA Companies to see who we suggest as our #1 Gold IRA Company.

SBC Precious Metals Products 

No matter if you are a collector or an investor, Scottsdale Bullion & Coin has an option for you. SBC offers Bullion, Numismatics, Proof Coins, and other collectible rounds from private mints. 

IRA Eligible Gold and Silver Bullion:

Understanding the Differences Between Bullion, Proofs, Numismatics, and IRA Eligible Coins and Bars

Is Scottsdale Bullion & Coin a Reputable Business?

When The Plug searches for comments, reviews, and feedback for local businesses we search several sources including the local Chamber of Commerce, the BBB, Google Business Profile, Facebook, Yelp, and other review sites like Trustpilot or TrustLink. 

No company today is free from scrutiny by the public. The question in the precious metals industry is how bad or how good the reviews are. We did an exhaustive search looking for any negative legal action taken against SBC and none were found. We checked these sources to determine if there are any complaints or significant "Red Flags" that may appear and did not find anything out of the ordinary.  

Finding a spot-free review for any company today is difficult. The great thing about review sites like BBB and Yelp or even Facebook or GBP is they give a customer a platform to tell others about their experience. Having great customer service comes with the understanding that the receiver of the information is in a good place to receive and discusses the information. We all have the opportunity to place bad reviews for every business. 

In the Precious Metals Industry, negative reviews of businesses can be found anywhere. Many times reviews are bought and faked to give a positive or negative light on a business. Review multiple responses and as an investor of IRA Gold or Numismatics, do your due diligence before making a purchase. 

Overall, there was no resounding concern with the reviews found for this company and if you are knowledgeable and educated this should be a good option for you to buy and sell your metals. 

Final Thoughts on Scottsdale Bullion & Coin

The knowledge of the precious metals business and supporting educational products by SBC is excellent for all investor levels. Many local businesses don't provide the educational resources to get beginners educated. 

SBC has the history and knowledge to help investors with Gold and Silver IRA metals and help collectors of numismatic and rare coins. 

Whatever your investment pleasure or need, Scottsdale Bullion & Gold can help Arizona residents with their purchasing or sale of their precious metals. 

Looking for more information on Scottsdale Bullion and Coin? Click here and we will send you over to their website. You can contact them by calling 1-480-459-5597 or you can visit them at the office by heading to 14500 N. Northsight Blvd #204 Scottsdale, AZ 85260. The office hours are Monday - Thursday 8:30 am - 5:00 pm, Friday 8:30 am-4:00 pm, and Saturday and Sunday the office is closed. 

Southern Coin & Collectibles is it a Legit Dealer or Not?

If you are looking for rare coins, collectibles, Numismatics, silverware, or gold and silver coins and rounds, then Southern Coin & Collectibles may be the store for you. 

Having said that, The Plug was unable to find an online website for this business. However, the Alabama Secretary of State has Southern Coin & Collectibles, Inc registered with Mr. Ethan Thomason as the President and the business has been incorporated since 2005. 

We found the Google Business Profile which shows several products for sale and eBay shows a page for Southern Coin and Collectibles, Inc. that has 100% Positive Feedback and over 18k items sold. 

Southern Coin & Collectibles is a family-owned coin and collectible dealer and according to the eBay about us page, they have three locations. 

If you are looking to buy or sell gold and silver then Southern Coin & Collectible is the right choice if you are in or near Hoover, Alabama.

About Southern Coin & Collectibles

As a family-owned and operated business, Southern Coin & Collectibles has been operating for over 40 years. As a full-service coin and paper dealer, the business specializes in PCGS/NGC Certified Coins, Gold and Silver Bullion, U.S. and Confederate paper money, rare coins, jewelry, collectibles, and more. 

Southern Coin & Collectibles is a U.S. Mint Dealer, a member of PCGS and NGC as a Certified Dealer, and has several other memberships and affiliations. 

Current Available Products

Current Items can be found on the company's eBay page. For an updated listing please check the eBay page by clicking the prior link. 

• American Silver Eagle
• 2021 P $15 Australia 1/10 oz Proof Gold Series III Lunar Ox in OGP #DC15
• 2021 10 Euro Great Britain Saint George 10oz .999 Silver Round in Capsul #DC7
• 2010 Yosemite National Park Set of P/D/S AT Quarters #DC5
• 2006 Canada Christmas Holiday Coin Set with Colorized Santa Quarter #DC9
• 1987 American Silver Eagles - Scarce Sealed Monster Box 500 oz
• 2017 Canada .9999 3/4 oz Big Horn Sheep Silver Reverse Proof
• 20 piece lots 1/10th .999 Silver Rounds Mixed Designs Barter Silver Coins
• 2007 George Washington Dollar Missing Edge Lettering Variety NGC 
• PAMP Suisse 1 oz Silver Bar Featuring Lakshmi Serial Number on Card
• 1988 America in Space One Troy Pound Silver Round 12 oz .999 Silver
• plus more

Rounds, Bullion Coins, and Bars

Not all gold and silver are the same. The mint or process of minting changes the value of the products. If you own Rounds you have a coin with no face value. They may be .999 fine Silver but they are minted by private mints around the world. The United States has several private mints and each produces its own rounds. 

Bullion is defined as gold or silver in bulk before coining or valued by weight. There are bullion bars, coins, and rounds. The U.S. Mint produces more bullion coins than proofs. The proof minting process is more extensive and therefore derives a higher price than the bullion coins.

Bars are typically found in Silver and Gold. Bars that are finished are usually smaller increments. Larger bars are typically poured by private mints and in larger quantities for ease of distribution for larger investment options. 

Numismatics consists of the study of coins, paper currency, and medals as defined by the Oxford Languages Dictionary. However, numismatics and rare coin collecting get interchanged and should not be convoluted. Investors looking to purchase rare coins want to have their gold and silver researched and appraised by numismatics experts. But not all coin retailers have the knowledge and experience to be numismatics experts. Working with a quality business that has a reputation of distinct character and has experience with both rare coins and more modern minted bullion, can make a significant difference in purchasing valuable coins versus collector folklore. 

About American Precious Metals

American Precious Metals, Inc. is a local business in Phoenix, Arizona that handles precious metals for IRAs, rare coins, and Numismatics.

As members of the PCGS and NGC, American Precious Metals has a team of knowledgeable appraisers with over 60 years of experience in precious metals. 

According to the Better Business Bureau, American Precious Metals has been in business for over 28 years and it is a family-owned and operated business. 

American Precious Metals is not a mint, however, they serve and sell various metals from local and national mints. APM also has IRA-approved coins and bars, these are available from the United States Mint and other country mints including; Canadian Mint, South African Mint, Austrian Mint, and Perth Mint.

If you are in the Phoenix Metro Area, the State of Arizona, or anywhere in the country AMP can work with you. They offer appraisal services, buying and selling rare collectible coins, and they can even assist you with setting up, purchasing, and storing your IRA-approved metals.

What IRA Approved or Rare Coins are Available?

Online selection of available metals is minimal and it is recommended you contact American Precious Metals directly for a current selection. 

Available online include:

Gold Bullion

• Gold 1 oz American Eagle
• Gold 1 oz Canadian maple Leaf
• 1 oz Gold Krugerrand
• 1 oz Gold Australia Kangaroo
• 1 oz Gold Austria Philharmonic
• 1 oz Gold American Buffalo
• 1 oz Gold China Panda
• 1 oz 2015 Australia Gold Lunar Goat
• 1 oz Gold Bars from The Perth Mint Australia, Credit Suisse, and PAMO of Switzerland
• 10 troy ounce bars
• 100 gram bars
• 1 kilo gold bars

Silver Bullion

• Silver 1 oz American Eagle
• Silver 1 oz Canadian Maple Leaf
• 1 oz Rounds
• 1 oz Silver Austria Philharmonic
• 1 oz Silver Panda
• Silver Bars

Gold Numismatic

• $20 Gold - St. Gaudens
• $20 Gold - Liberty
• $10 Gold - Indian

Gold Foreign

• French 20 Franc
• Mexican 50 Peso
• Swiss 20 Franc
• Austria 4 Ducat
• British Sovereign

Silver Numismatic

• Morgan Silver Dollar
• Peace Silver Dollar
• 90% Silver US Coins

Rounds, Bullion Coins, and Bars

Not all gold and silver coins and rounds are the same. Minted coins from the U.S. Mint, Canadian Mint, and other country-backed mints will have a face value denomination for their coins. When there is a face value it is called a coin.

If you have a round, that is a coin that has no face value. The round may be made of a similar 1 troy ounce size and have the same silver .999 fine content. Rounds are minted by non-government mints and are easily tradable, but their value is based on the spot price of gold or silver. The United States has several private mints and their rounds and bars can be found on the market to purchase or to sell. 

Bullion is a term that is often confusing to investors and readers alike. Bullion is defined as gold or silver in bulk before coining or valued by weight by the Oxford Languages Dictionary. The U.S. Mint coins several coins under the term Bullion. These coins have a different minting process from those of Proof Coins and are valued more as investment grade gold or silver versus finished grade. The Proof Coins are found for sale on the U.S. Mint website, but you cannot purchase bullion coins on their site. Bullion coins must be purchased from retailers like Augusta Precious Metals or American Precious Metals. 

Gold and Silver Bullion Coins are more readably available and the price of these coins is tied to the Spot Price of the metals at the time of purchase or sale. 

Bars are typically found in Gold and Silver. Many bars are poured and minted by private mints. The gold or silver content is stamped on the bar along with the mint information. Not all bars qualify for gold or silver IRAs. But, many investors in gold and silver will purchase bars versus coins or rounds as they come in larger sizes than the coin.

Is American Precious Metals, Inc. a Scam?

No, APM is not a scam business and they are credible for the purchase and sale of coin collections, IRA gold or silver, Numismatics, and more. Having a small location and similar name can sometimes interpret a scam or fly-by-night business. That is not the case with American Precious Metals who is located in Phoenix, AZ.

APM is a family-owned and operated business that offers:

• Competitive Prices
• Prompt Delivery & Payment
• Volume Buyers & Sellers
• Estate & Collection Appraisals
• Certified Coins Available
• Precious Metals IRAs

APM wants nothing more than to be "our client's most reliable and trusted precious metals broker."

Jerry Williams started American Precious Meals in 1994 after a long tenure in the securities industry and study of precious metals. Accompanying Jerry is Courtney Williams Svendsen a licensed CPA and graduate of Arizona State University. After spending 10+ years working in auditing and as a controller, Courtney joined her father in the family business. Joining the team is Dave Platteter who has a background in engineering, manufacturing, and distribution. A member of the American Numismatic Association and the Rochester Numismatic Association, Dave brings education to his passion for coins at APM.

American Precious Metals is a member of the BBB (Better Business Bureau and has seven customer reviews and 5  ratings. No business complaints are noted and the business has been accredited since February 16, 1995.

In the Google Business Profile for APM there are 32 reviews with a 4.4-Star Rating. Predominant reviews indicate good experiences with American Precious Metals. There are a couple of reviews that indicated phone prices were given and actual prices, once in the store, were less. This can be confusing to people as verbally giving a ballpark range and appraising the piece may provide different results.  

Final Thoughts

As an investor looking for a viable source to buy and sell gold and silver coins, rounds, or bars, I would suggest American Precious Metals in Phoenix, AZ. If you are local, stop by their location to check out their stock, and if you are national give them a call to see what's in stock. The product available will change at times, but for those looking to invest in their IRA, APM has gold and silver bullion in stock.

Cash Buyers this is a good place for your rare coins and Numismatics. Having a team that is trained and educated on the rare coin market is important when dealing in the precious metals field. If you would like to get more information on American Precious Metals in AZ click here to be taken to the website. 

The Plug recommends that all investments and companies be reviewed and understood deeply before you choose to buy, sell, or invest. As an investor do your own due diligence and make sure you fully understand before you invest. No company, not even The Plug, can determine the future of the value or price of precious metals. Therefore, having a complete understanding will help you be more comfortable in your decisions. 

The Plug offers several Gold IRA companies to choose from if you are looking to invest or roll over your IRA or 401(k). You may be interested in our review of the Best 5 Gold IRA Companies. While these companies are IRA specialists, they also will sell you gold and silver outside your IRA for CASH and send the precious metals to your door or a depository of your choice. 

About Liberty Bell Coin Investments

A small one-location business, Liberty Bell Coin Investments works with local clientele and national buyers who are looking for specific rare coins and collectibles. 

As a self-proclaimed Expert coin dealer, the staff at Liberty Bell Coin specializes in U.S. Coins from the 1700s to the present coins minted. The product will vary, but they are known for the collectible currency that has included Confederate currency, National currency, Military payment certificates, Silver certificates, Gold certificates, U.S. notes, and Federal Reserve notes. 

Products Carried: *note as a collectible business products and sources can vary, check with the store to confirm the current selection if you are looking for a particularly rare or collectible item. 

• Buy or Sell Your Gold, Silver, and other Bullion
• Buy or Sell Your Jewelry & Watches
• Liberty Bell Coin will purchase your Estate Sale Collectibles
• Collectibles - vintage toys, plastic model kits, brewery collectibles, advertising

Is Liberty Bell Coin Investments a Legitimate Company?

Yes, Liberty Bell Coin is a legitimate business located in Wisconsin. They have been in business for several years and can be found on the Wisconsin Department of Financial Institutes page. It shows they first registered in 2013. 

The business is not found in the Better Business Bureau, but that is not uncommon for small independent retail businesses. The Google Business Profile reflects 40 Google Reviews for the business with a 4.6 out of 5.0-star rating. 

Reviews for the business state: "best place to sell gold and coins", "knowledgeable", "Brian is fair", "Brian was fair, honest, and knowledgeable"...

Should I Purchase from Liberty Bell Coin Investments?

If you are an investor in rare coins, bullion, gold, and silver then you should consider Liberty Bell Coin Investments a viable business to partner with for your investment needs. 

Given the nature of the business, this business is more of a rare coin and collectible option versus large quantities of gold or silver for your IRA investment. 

Liberty Bell Coin Investments does not work with Gold or Silver IRA investors. To find a company that can assist you with IRA investing check out our page on the 5 Best Gold IRA Companies. 

If you're an investor who is looking to purchase IRA quality gold and silver but you don't have a large budget, look at Regal Assets as a good option. If you cannot afford the $5,000 minimum that Regal Assets requires for their initial investment, then your best option in our opinion would be BullionMax which is a newer online seller of precious metals that boasts about providing the best precious metals advice and prices online. 

Final Thoughts on Liberty Bell Coin Investments

If you are looking for quality business in the Wausau, WI area to buy or sell your rare coins, gold, and silver then Liberty Bell Coin Investments is a legitimate option in your area. 

Rare Coin and collectors of vintage toys you should contact Brian and let him know what you are looking for. He has the knowledge and experience that could come in handy when you are looking for those hard-to-find options.

The Plug recommends using Liberty Bell Coin for your rare coin needs. However, if you are looking for quality IRA metals then check out Augusta Precious Metals as their reputation and customer service are second to none when it comes to Gold IRA. With August Precious Metals you are able to purchase metals inside your IRA or with CASH which makes them a great precious metals business to work with. 

Las Vegas Best Gold and Jewelry Dealer

When you're visiting Las Vegas or your home is nearby look to Rancho Gold  & Jewelry as a viable and honest location to buy or sell your gold or silver.

A business that does more than just gold and silver bullion, Rancho Gold & Jewelry can help you with your diamonds, jewelry, watches, and even rare coins.

If you are looking to sell, you get a FREE evaluation of your gold, silver, watches, diamonds, bullion, or other items. The inspection and evaluations are conducted in a private room to make you the seller more comfortable. If you are satisfied with the offer, Rancho Gold & Jewelry will pay CASH on the spot for your items.

The staff is GIA Diamond Lab Certified and specializes in larger diamond evaluations and provides the highest quality review and offer on the market. 

For your convenience Rancho Gold & Jewelry has a storefront location (see map below) or you can contact them directly by phone for more information.

Who is Behind Rancho Gold & Jewelry?

A.J. Finver and his son Gregg are the co-owners of Rancho Gold & Jewelry.

A.J. Finver started working in the jewelry and gold business in 1984 when he owned The Jewelry Exchange in Las Vegas. He had several locations around town and even had a location on the current site of The Paris Hotel.

In 2018, A.J. sold his The Jewelry Exchange locations and started Rancho Gold & Jewelry with Gregg. Having 34 years of experience he wanted to join forces with Gregg and start a new business. 

Gregg Finver has more than 10 years of experience in the fine jewelry, gold, and diamond business. A GIA Diamond Lab Certified expert, Gregg also has extensive knowledge and experience as a buyer of Rolex brand watches, bullion coins, and rare and precious items. 

Together, along with their employees A.J. and Gregg provide the highest level of customer care and valuation of precious metals and jewelry in the Las Vegas area.

What Selection of Precious Metals are Available?

Rancho Gold & Jewelry handles Gold and Silver Bullion. They are not a mint nor are they a large dealer/distributor of U.S. and foreign mints products. They do provide coins and bars based on what they have in stock at the time of your call or visit.

They have coins from RAMP, Perth, Royal Canadian, Sunshine, and other mints in stock. The U.S. Minted products they have 1-ounce rounds such as American Gold Eagles, Canadian Maple Leafs, and Krugerrands. 

Having the knowledge to buy your gold and silver provides you the opportunity to liquidate your bullion when in Las Vegas. 

Gold and Silver Available - not all products are represented - check the website for current availability

What Gold or Jewelry will Rancho Gold Buy?

Rancho Gold & Jewelry will buy gold and silver from you just below the Spot price. They will provide you with a free evaluation and let you know the spot price of the coin or jewelry. They discount off the spot price so they have some room to hold the product for future sales. 

• Gold Bullion
• Silver Bullion
• Jewelry 
• Silver Jewelry
• Rare Coins
• Coin Collections
• Rolex Watches
• Gold Watches
• Misc. Watches

What You Get When Working with the staff at Rancho Gold & Jewelry

• You Get Honest Gold and Silver Prices
• Free Precise Evaluations
• Instant Cash Offer
• Expertise - so you know you are working with highly qualified staff
• Great personal Service 

Is Rancho Gold & Jewelry a Credible Business?

Yes, it appears based on our research that Rancho Gold & Jewelry is Credible. They don't offer a large selection of products online, but they do offer several options for buying in-store.

If you are a buyer of used jewelry, rare coins, or even recently minted coins contact Rancho Gold & Jewelry for an updated list of products available. 

We have researched our typical resources to determine based on reviews if this business is credible and how they handle their customers. Our sources include Trustpilot, TrustLink, BBB, Facebook Reviews, Google Business Profile, yelp, and any other source we deem reliable. 

Since this business is not large there are no reviews on Trustpilot or Trustlink. The company is not accredited with the BBB and has Zero Customer Reviews and Zero Customer Complaints. 

Therefore our two best sources for customer reviews for this business come from Google Business Profile, Facebook, and yelp. Please see below for a few reviews from each source. For additional information, you, as the investor, may want to review more reviews before making a decision. 

Facebook Comments & Reviews

33 reviews with a 5 out of 5-Star Rating 

Google Business Profile Comments and Reviews

67 reviews with a 4.9 out of 5-star rating

Yelp Comments and Reviews

35 reviews with a 5.0 out of 5-star rating

Final Thoughts on Rancho Gold & Jewelry

When you are ready to sell your gold or silver coins and bars Rancho Gold & Jewelry is the right choice if you are in Las Vegas. This business is a local business in Las Vegas and can handle all your buying and selling needs.

You cannot go wrong working with the professional and honest employees at the store. Whether you have bullion or jewelry to sell they are willing and able to buy. If you wish to have more information go ahead and click here to get over to their website. 

As an investor looking to purchase IRS-approved coins for your IRA, this is not your best choice. They do have and sell some IRA-approved coins but they are limited to the selection and quality. IRA investing in precious metals should involve working with a business who is knowledgeable and understands working with custodians. Goldco is our #1 choice for those looking to open a Gold or Silver IRA. Check out our Goldco review >> click here <<.

Colorado Gold Precious Metals Dealer - Legit or Not?

Legit and located across the United States, Colorado Gold is a family-owned and operated business with Don Stott starting the business in 1977 and three children David, Morgen, and Mellissa currently working the business day to day. With three siblings located across the U.S. you are able to get a representative in every time zone. Based out of Colorado, the business has operations in Wisconsin, Colorado, and New York.

Don still is active in the business adding his insights and knowledge through Blog articles that can be found on their website. Provides insights into the current economics, gold, and silver but also other important and interesting life lessons.

A July 11, 2022 blog post from Don talks about retail stores and dives into the cost of inventory and overhead. The reason Don talks about this topic is Colorado Gold does not have a storefront. Some would think that would be a negative, but Colorado Gold having no inventory and no storefront provide the family an opportunity to price precious metals at the market or below so they can pass on the savings to the customer. 

As a small precious metals business, Colorado Gold does not work with rare coins or paper money. If you are interested in buying or selling these products you will need to look to your local coin dealers for service.

Who is Behind Colorado Gold?

Don is the father and original owner. Don started in the late 1970's working with the only products available to him which were Krugerrands from South Africa and the U.S. Gold $20 coin which was a double eagle at .9675 oz of gold. Contrary to today's Maple Leaf which are 1.09 ounces having 1oz Gold and .09oz of alloy.

David works in the mid west, Morgen is on the west coast, and Melissa works on the east coast. 

The family is available based on their specific time zone between 8 am and 5 pm. Other than weekends and holidays you will get to speak with one of Don's children when you call.

What Selection of Precious Metals are Available?

When you contact Colorado Gold you have the option to purchase Gold Coins & Bars, Silver Coins & Bars, Platinum Coins & Bars, or Palladium Coins & Bars. 

Having a good selection of coins is important to work with and Colorado Gold works as a distributor for the largest service A-Mark Precious Metals. Products are based on current availability at the time of the transaction. 

Best Sellers List

• 2022 Gold Eagle
• 1oz Valcambi Gold Bar
• 2022 Silver Krugerrand
• 2022 Gold Britannia
• 1oz Asahi Gold Bar
• Backdated Silver Eagle Coins
• 1oz Valcambi Platinum Bar
• 2022 Silver Britannia

Gold and Silver Available - not all products noted - check website for availability

Other Precious Metals Available

• 2021 Platinum Lion of England
• 2022 Platinum Eagle
• Credit Suisse 1oz Platinum Bar
• Valcambi 1oz Platinum Bar

Does Colorado Gold Offer Any Other Services?

Colorado Gold's primary business involves the CASH purchase of Precious Metals. When you purchase from them you have the following options for payment:

1. Personal Check
2. Wire Transfer
3. Cashier's Check
4. Venmo (small orders)

You didn't mention Credit Card or Cryptocurrency. Nope, they do not offer these options currently for payment.

Colorado Gold will assist you in the purchase of Gold or Silver for your IRA. They will transact the purchase of the precious metals but they do not handle setting up the IRA or managing the transaction. You would need to have an IRA set up and have a depository for your storage of the precious metals.

Fees For Purchasing or Selling Precious Metals

According to the website, we found the following fees: Special note - consult the family for fees prior to any transaction to be sure you have the most accurate information. 

• $25 fee to sell precious metals if not purchased from Colorado Gold originally
• 1% commission for transactions less than $50,000
• 0.75% commission for transactions between $50,000 and $100,000
• 0.50% commission for transactions over $100,000
• 1% Charge for buying products not originally purchased through Colorado Gold
• $50 wire transfer fee
• $25 service charge for orders not charged a commission
• 0.50% commission for family members selling other family members precious metals
• Buyer pays postage and mail insurance in some cases

Is Colorado Gold a Credible Business?

Yes, it appears based on our research that Colorado Gold is Credible. They don't work with rare coins and only those gold and silver coins and bars that are readily available. 

For you working with a business that transacts known coins and bars makes for a safer transaction for you. 

We've researched our typical resources to get you more customer transaction information. We typically look at Trustpilot, TrustLink, the BBB, and the Google Business Profile to get reviews and information for our readers. 

TrustPilot:

3.7 out of 5 stars with 1 review ** the rating is confusing - there is only 1 review and it appears Jack Adams gave them a 5-star review. Check out the review below.

Copy of the TrustPilot Review:

TrustLink:

No TrustLink Review was Found

Better Business Bureau:

Colorado Gold is an Accredited Business with the BBB

A+ Accreditation Score

Accredited since 1/11/2010

0 Customer Reviews

0 Customer Complaints

Final Thoughts on Colorado Gold

When you are ready to buy precious metals Colorado Gold is a viable option.  Investors need to consider the fees they charge and determined a final price for the acquisition or sale of the physical gold and compare that with other gold companies.

Providing a discount for the coins or bars may appear to be a good option and below market pricing, however, understanding the potential for fees that add up could take over the potential discount. 

As an investor, do your due diligence to make informed decisions. Investing in precious metals is a good plan for every portfolio and is a long-term investment. If you are looking to hedge inflation gold is a viable option. Prices for gold are higher than that of silver so many choose to purchase silver vs. gold as physical assets. Not every investor is alike and having options and a variety of companies to work with allows an investor to feel comfortable in their transactions.