Welcome to my Austin Rare Coins And Bullion Review.
(UPDATED 2023)
Do you want to purchase precious metals from this company? Before you do that, you should make your research to ensure that you will be making the right decision.
There are lot of precious metal companies out there. While others are legit, some are scams that will just waste your time and money.
In this Austin Rare Coins And Bullion Review, we will be uncovering all the things about this company.
Without further ado, let's get started.
Austin Rare Coins And Bullion Review Quick Summary
Name: Austin Rare Coins And Bullion
CEO: Ryan Denby
Price: Varies depending on your investments
Rating: 3/5
More...
What is Austin Rare Coins And Bullion?
Austin Rare Coins And Bullion is a full-service precious metals company based in Austin, Texas. It was founded in 1989.
It claims to be one of the most trusted precious metals firms in the whole country, with over 30 years of experience in the industry.
Having an extensive product catalog covering gold bullion, silver bullion, rare coins and ancient coins, Austin Rare Coins and Bullion have completed over $1 billion worth of coins and bullion in trusted transactions.
Austin Rare Coins and Bullion has several professionals to serve their clients since 1989, Moreover, the gold company's reputation is built on trust, stating that a lot of their customers have referred Austin Rare Coins and Bullion to their families and friends.
The company is a member of the Professional Coin Grading Service (PCGS), the Numismatic Guaranty Corp (NGC) and the Industry Council for Tangible Assets (ICTA).
Moreover, Austin Rare Coins And Bullion is a part of the BBB Online Reliability Program.
There is no information regarding the owner in its website. However, it is listed in BBB that Ryan Denby is the CEO and president of the company.
Company Management
Currently, Austin Rare Coins and Bullion does not have any information on its company management on its website.
Here in Your Gold IRA Guide, I always look for any relevant information on a precious metals company's management team or founder since it can help in determining whether they are a scam or not.
Most scam companies tend to avoid providing any information on the people behind them for obvious reasons that they don't want to get caught.
However, in Austin Rare Coins and Bullion's case, they may have not provided information on their website, they did list names on its Better Business Bureau (BBB) page. According to the said page, the following people are behind the company:
- Mrs. Kristy Britcher, Director
- Mr. Ryan Denby, President and CEO
Austin Rare Coins And Bullion Products
Austin Rare Coins And Bullion offers a wide variety of precious metals including the following:
- Gold coins
- Silver coins
- Platinum coins
- Platinum bars
- Palladium coins
- Palladium bars
It also provides rare coins and ancient coins that are good for investors and collectors alike. Some of these products included are the following:
- World coins
- Rare US coins
- Rare gold coins
- Rare silver coins
- Shipwreck coins
- Persian Empire coins
- Greek Empire coins
- Egyptian Empire coins
- Byzantine Empire coins
- Roman Empire coins
Not just those, Austin Rare Coins and Bullion also offer Pre-1933 Gold, as well as Silver Dollars. Moreover, the gold company has IRA-eligible precious metals for clients who wish to start their self-directed IRA for precious metals.
How to buy from Austin Rare Coins and Bullion?
Fortunately, Austin Rare Coins And Bullion has an e-commerce website. This means that clients can order products online.
All they have to do is to create their account on the website, then they can add products to their cart and proceed to check out.
Clients can also call the company or visit its physical address to have a better view of the products that Austin Rare Coins and Bullion offers.
Payment Methods
Austin Rare Coins and Bullion accepts PayPal, Visa, MasterCard, Discover and American Express for first time orders that are worth up to $2,500. Orders above that amount must be paid via personal check or bank wire.
Existing clients who will pay through credit card will have certain circumstances. Furthermore, credit card payments are made during the checkout.
Meanwhile, payments for online orders with personal check or bank wire will receive a 3% discount off the online price during the checkout.
Shipping
For orders over $500, Austin Rare Coins and Bullion uses FedEx to ship them fully insured. Meanwhile, for orders below $500, they are shipped via insured USPS.
Also, take note that all packages require a signature upon delivery. So be sure to be around when your orders arrive on your doorstep.
Currently, Austin Rare Coins and Bullion does not ship coins internationally. They only do accept shipping to the 50 states of the US.
There are no available information yet on their full shipping fees during shipping.
Selling to Austin Rare Coins and Bullion
Austin Rare Coins and Bullion are more than willing to buy back the coins that you have brought from them.
However, if you are not yet a customer of the coin company, and has products that you wish to sell, these products' value must exceed $5,000.
Austin Rare Coins and Bullion have stated that there are times that their inventory fluctuates, making them unable to purchase an entire collection.
But they can help you sell your coins through its consignment services. To sell coins and other products to Austin Rare Coins and Bullion, you just need to give them a call and inform their representatives.
Austin Rare Coins and Bullion IRA Services
One of the best ways to diversify and protect your retirement investments is to open a self-directed Individual Retirement Account (IRA) and invest on precious metals. This is very good since you have complete control of your account and you don't have to worry about taxes.
Austin Rare Coins and Bullion recognizes the benefits of IRAs, thus this coin company offers IRA services through its preferred custodian, New Direction IRA.
Austin Rare Coins and Bullion offers an extensive range of IRA-eligible precious metals and coins that you can use for your IRA.
The process is simple:
- Open an account with an IRA custodian.
- Fund the account or rollover your existing accounts to your new one.
- With your funds, purchase IRA-eligible precious metals from Austin Rare Coins and Bullion.
Austin Rare Coins and Bullion FAQs
Is there a minimum purchase amount?
When you order online, there are no minimum purchase amount. However, if you wish to do transactions personally, Austin Rare Coins and Bullion will set up an appointment for you, as long as your orders amount to $5,000 and above.
Do you need to have an account to buy from them?
No, you are not required to open an account to buy from Austin Rare Coins and Bullion. Always be wary.
All precious metal companies should not ask you to give up your privacy in order to purchase precious metals. There are no laws that require you to do this.
Can I cancel orders?
All collectibles and rare coin orders have a 14-day return period. Moreover, cancellations will lead to some fees, to cover for any market loss that are incurred by the cancellation.
Can I trade coins?
Yes you can. Austin Rare Coins and Bullion will happily help you out. All you need is to give them a call.
How long does it take for the orders to arrive?
Most packages shipped through insured FedEx take about one to three business days. Heavier packages may took longer due to their weight.
Moreover, tracking information will be provided to you, giving you a way to check up on your orders during transit.
Can Austin Rare Coins and Bullion store my metals?
Although Austin Rare Coins and Bullion recognizes the importance of safe storage for your metals, they do not have any storage services for you.
You can only do so by contacting storage depositories and Austin Rare Coins and Bullion can happily assist you in delivering your precious metals to the storage.
Austin Rare Coins And Bullion Reviews and Ratings
Below are the ratings and reviews of Austin Rare Coins And Bullion that I found online.
- BBB - No reviews, A+ rating and BBB accredited
- BCA - AAA rating with no reviews
- Yelp - 3.5 out of 5 rating based on 12 reviews
Although the ratings are good, the number of Austin Rare Coins and Bullion reviews is very small.
There are other precious metal companies out there that boast of thousands of positive ratings and reviews from customers, such as Goldco.
If you prefer companies like that, then I suggest that you check it out.
Austin Rare Coins And Bullion Pros And Cons
Pros
Cons
Is Austin Rare Coins And Bullion a scam?
Let's end this Austin Rare Coins And Bullion Review with the answer to this question.
Austin Rare Coins And Bullion is a legitimate company. It has been around in the industry for a very long time already.
Moreover, it is a member of various organizations in the precious metals and coin industry.
Although it has good ratings, they are only based on a few reviews. Other gold companies have a lot of positive reviews which can vouch for their reputation.
If you prefer to work with this type of precious metals company, then check out my top recommendation below.
Thank you so much for reading my Austin Rare Coin and Bullion Review. If you have any comments or questions, feel free to leave them in the comments section.