American Coin Co. Review

American Coin Co. Review
American Coin Co.
Verdict
American Coin Co. has a lot of industry experience. However, they are NOT the best option for you. Check out our top recommendations to see what the industry leaders can offer you.
Fees & Charges
Honesty & Transparency
Reputation
Customer Service
Pros
A+ rating on BBB
Over 60 years of experience
Cons
Limited online presence
No BBB accreditation
2.8
Expert Score

What is American Coin Co.?American Coin Co. Locations, Timings, Email, Phone, Services

American Coin Co., a gold IRA dealer based in Washington, offers comprehensive services to assist you in establishing a self-directed IRA. They can arrange for IRS-approved precious metals to be stored in secure depositories across the country or even delivered to your home. Additionally, the company facilitates precious metals purchases through cash transactions.

Dedicated to providing investors with valuable information, American Coin Co. offers educational resources on its website, including consultations, webinars, and real-time market data. The company is also a proud supporter of the K9s for Warriors program.

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Specializing in gold and silver IRAs, American Coin Co. is a trusted name in the precious metals investment industry, catering to experienced investors seeking diversification. The company’s core mission revolves around ensuring that every American can enjoy a worry-free retirement and leave a lasting legacy for their loved ones.

With this vision in mind, American Coin Co. is dedicated to assisting clients in safeguarding, managing, and growing their wealth through the strategic use of precious metals.

The team at American Coin Co. takes great pride in their customer-centric approach, offering educational resources to empower clients to make well-informed decisions and providing ongoing support and security for their investments.

American Coin Co. logo
  • Address: 601 W 1st Ave Suite 1400 Spokane, WA 99201
  • Phone: (888) 526-2039
  • Email: info@americancoinco.com
  • Website: https://www.americancoinco.com/

People Behind American Coin Co.: CEO, Owner, Co-Founders & MoreWho owns American Coin Co.? What is the management team behind American Coin Co.?

Brett Bultje (Vice President):

In his role as Vice President of Sales at American Coin Co., Brett Bultje plays a pivotal role in the organization. He is a recognized authority in the field, and his contribution extends beyond the usual duties associated with the position. Brett conducts informative webinars on a weekly basis, providing investors with valuable insights. With a wealth of experience spanning over a decade, his unwavering commitment is directed toward guiding Americans in making prudent investments in the realm of gold and silver.

What sets Brett apart is not only his expertise but also his dedication to continuous improvement and adherence to stringent quality standards. He has undertaken Six Sigma White Belt training, a rigorous program that underscores his resolve to instill a culture of compliance and excellence within the firm.

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Before venturing into the world of finance, Brett had a distinguished career as an athlete. His achievements include securing the title of a Colorado 3A State Champion and earning the coveted distinction of being a two-time collegiate Track and field National Champion. Furthermore, his sporting prowess extends to completing the demanding LA Marathon not once, but three times. Brett Bultje’s multifaceted background and unwavering commitment make him an invaluable asset in his role as Vice President of Sales at American Coin Co.

American Coin Co. owner

American Coin Co. Products: Bullion Coins, Bars, And Rare CoinsAll products offered by American Coin Co.

The company extends an opportunity for clients to convert their savings into tangible assets, such as gold or other precious metals, ensuring that you can embark on your retirement years with peace of mind.

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Headquartered in California, this privately owned firm is dedicated to two primary objectives: educating and assisting clients in navigating the realm of gold IRAs. Through the strategic implementation of diversification, American Coin Co. empowers you to enhance the protection of your retirement savings, especially during times of economic uncertainty and market fluctuations.

When you choose American Coin Co., you gain access to a plethora of valuable resources, including the latest market information, exceptional customer support, and a diverse array of products to meet your investment needs. Moreover, the company takes pride in offering its clients a distinctive advantage – Price Protection, designed to provide both upside and downside investment security. While all investments inherently carry some level of risk, this protection mechanism is intended to instill greater confidence and security in your decision to invest in gold or other precious metals. It serves as a safeguard against the potential swings in the value of your investment, making your retirement savings more resilient to market dynamics.

The available investment options from the company encompass:

  1. Red Lion Gold Coin
  2. Red Lion Silver Coin
  3. 90% Silver U.S. Coin or Junk Silver
  4. Gold American Buffalo
  5. Silver Red-Tailed Hawk
  6. American Palladium Eagle
  7. American Eagle Platinum
  8. Silver American Eagle
  9. Gold American Eagle
  10. Red-Tailed Hawk
  11. Silver Sovereign

Despite the restricted range of investment options, it’s worth noting that American Coin Co. excels in providing comprehensive IRA-related services. They offer expert guidance through complementary investment consultations and furnish detailed information on how IRA investments function.

As previously mentioned, one aspect that I found limiting in my experience of investing with this firm was the relatively constrained selection of IRS-approved precious metals investment options. Although the company maintains high standards for quality, its offerings in the realm of precious metals IRA investments are somewhat limited.

How to Invest in American Coin Co. IRA?Step-by-step guide for investing in American Coin Co. IRA

To invest in a precious metals IRA through American Coin Co. are the general steps:

  1. Open a Self-Directed IRA

    Select an IRA company that handles opening precious metals IRA accounts and fill out an application. You can work with American Coin Co. to recommend an IRA company and provide the necessary paperwork. However, I don’t recommend doing so.

  2. Fund Your IRA

    Once you have selected an IRA company, you can move your funds into your new IRA account. You can work with the IRA company representative to transfer or roll over funds into the new account.

  3. Select a Precious Metals Dealer

    One of the forms you need to fill out along the way is typically called a Buy Direction Letter. This is where you list the precious metals dealer you have selected, such as American Coin Co.

  4. Decide Which Precious Metals to Purchase

    You can choose to invest in gold, silver, platinum, or palladium for your IRA. There are some restrictions regarding fineness requirements and allowable coin types, so it’s essential to get guidance from American Coin Co. in this area.

  5. Place Your Order

    Once the funds are available in your IRA account, you can call them to order the desired precious metals.

However, I don’t recommend opening an IRA with them. Why? Because there are plenty of better options available for you.

American Coin Co. gold ira

Opening a precious metals IRA is a significant decision. That’s why I suggest checking out our top gold IRA providers list. You can find the best precious metals dealer in your state and choose accordingly.

American Coin Co. Fees and Charges: Do they overcharge?What are their fees? Do they have hidden fees?

One distinctive feature that truly distinguishes American Coin Co. and has provided its customers with peace of mind during a real-life scenario is its exceptional price protection policy. In a recent investment he made in gold and silver through them, he encountered an unexpected market dip within just seven days, causing a decline in the value of his assets.

However, he thanks to their remarkable price protection policy, he was promptly compensated for the difference in value. They expediently delivered additional metals to offset the price decrease. It’s worth highlighting that this invaluable service is exclusively available for approved investment accounts, making American Coin Co. a compelling choice for your precious metals investments.

Enjoy 100% Free Insured Shipping:

If you prefer to have your precious metals shipped to your chosen address, American Coin Co. offers this option at no cost.

In addition to providing third-party depository services, the company allows you to personally store your precious metals IRA at an IRS-approved location.

Furthermore, this delivery service is not only 100% free but also insured for your peace of mind.

With a self-directed American Coin Co. account, there are no management fees. If you opt to use their preferred custodian, Accuplan, you won’t be charged custodial fees either. American Coin Co. covers all application fees and startup costs as part of its commitment to transparent and cost-effective services.

The actual cost of gold and silver purchases may vary based on current spot prices and market rates for premium coins. American Coin Co. maintains transparency by disclosing their ask-to-bid differential on purchases, fees, and transaction statuses.

For depository storage, fees typically amount to around $200 per year, though some clients may qualify for a no-fees-for-life arrangement with American Coin Co.

Companies like Augusta charge ZERO fees for up to 10 years, allowing you to choose your gold & silver. American Coin Co. on the other hand provides fewer options.

>>>Get in touch with the #1 rated gold IRA company of 2023<<<

Social Media Presence of American Coin Co.:Twitter, Facebook, & Instagram

Their Twitter Handle:

The company has created a Twitter account in June 2023. Currently, the account has four followers and is also following only four other accounts.

American Coin Co. reviews Twitter

Their Facebook Page:

American Coin Co. has only 11 followers and four likes on Facebook. The company’s page has no star ratings and only one review.

American Coin Co. facebook

Their YouTube account:

The company has a YouTube account with 2 subscribers but no uploaded videos. The company opened the account on June 21, 2023, making it a recent addition to the platform.

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Their LinkedIn:

This company is present on LinkedIn as well, which is a professional networking platform. The company has a team size of around 11-50 employees. Currently, the company has 32 followers on this platform.

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This list will help you understand what the industry best offers and what you might miss out on. You can get a free guide on gold IRAs below. It will help you understand the process.

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American Coin Co. Reviews and Complaints: BBB, Trustpilot, SitejabberRead all the American Coin Co. reviews & complaints

Better Business Bureau (BBB):

On the Better Business Bureau (BBB), the company has an A+ rating. The business is not accredited on this platform. No complaints and no reviews were found. According to BBB, the company has 63+ years of experience.

American Coin Co. BBB

Consumer Affairs:

On Consumer Affairs, this company has 5 stars out of 5-star ratings based on only 1 customer review. The review presented is positive. The customer praised their services and products.

American Coin Co. complaints

Lotus, a customer of American Coin Co., attests to the company’s outstanding customer service. The company went above and beyond to ensure my comfort throughout my transactions. They devoted considerable time to responding to my inquiries and remained consistently available. Lotus wholeheartedly gives their endorsement to this company.

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Our top companies have a lean background and aren’t involved in any kind of major legal dispute. You can check out the list here.

Is American Coin Co. Legit? Should You Invest With Them?Is American Coin Co. a scam or legit? Are they worth it?

No, I don’t think you should invest with them.

Pros:

  • A+ rating on BBB
  • Over 60 years of experience

Cons:

  • Limited online presence
  • No BBB accreditation

I believe there are plenty of better options available for you.

American Coin Co. has been in the precious metals industry with more than 63 years of experience. The firm has an impressive A+ rating on the Better Business Bureau. Although it is not accredited by BBB, it is still a reliable business. However, the company is not listed on most third-party platforms, such as BCA, Yelp, Trustpilot, Shopper Approved, Yellow Pages, Trustlink, Site Jabber, etc.

Whether or not this company is legitimate is a matter of opinion there was no publicly available information about its founder and owner.

Before you make any final decision, I recommend checking out our top gold IRA providers.

There, you will find out what the industry’s best has to offer. Also, it will ensure you make an informed decision.

Or, you can check out the best gold dealer in your state below:

Each state has its regulations and rules, so we’ve sorted and found the best Gold IRA company for each state.

Find the best Gold IRA company in your state

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