Coins Plus Reviews 2024- Is It Legitimate or a Scam?

Are you seeking the best precious metals dealer? If this is the case, Coins Plus is one of the businesses that offer a vast selection of bars and coins. However, the most frequently asked query is, “Is Coins Plus legit or a scam?” In this Coins Plus reviews, we will answer this query and reveal everything you need to know about the company.

What is Coins Plus?

Coins Plus Reviews

Based in Spokane, Washington, Coins Plus is a rare coin and precious metals brokerage founded in 1998 by its current president and owner, Kevin Wolter. Kevin has a decade of experience in banking and finance administration at the executive level. He has also received extensive training in numismatics, including advanced coin grading and counterfeit detection. Due to Kevin’s experience and professional direction, Coins Plus has grown tremendously and now serves the United States and a significant portion of Canada. Continue reading this review to discover more.

Does Coins Plus Offer IRAs?

Coins Plus does not currently offer precious metals IRAs. If you are searching for a trustworthy company to convert your IRA or 401k into gold or silver, we recommend Goldco.

Coins Plus Review Summary

Location:

Spokane, Washington

Address:

3201 N Division St

Spokane, WA 99207-1945

Year Founded:

1998

Management:

Kevin Wolter (President)

Website:

www.coinsplus.com

Rating:

[usr 3]

Coins Plus Products & Services

The company sells rare and collectible certified numismatic coins in addition to silver, gold, platinum, and palladium bullion coins, bullion bars, and jewelry. Coins Plus, unlike most businesses, specializes primarily in US coins and currency. In addition to trading metals, the business also purchases from investors. Thus, if you have coins to sell, Coins Plus guarantees accurate grading, fair appraisal, and top dollar. The ‘Safe Depository Service’ is another service provided by Coins Plus. This service provides a highly secure depository facility. Their private safety deposit vaults are among the world’s most secure.

How It Works

Purchasing from Coins Plus is easiest via their official website. You can begin by creating a new customer account, then add items to your purchasing cart and proceed to the checkout page to complete your purchase. Ordering by phone is a viable alternative.

Pros of Coins Plus

  • Large Selection of Products

Due to its extensive selection of bullion, rare coins, and jewelry, Coins Plus is commonly known as the “dealer’s dealer.” Their catalog is so extensive that they view themselves as a one-size-fits-all business.

  • Highly Experienced Owner

The company’s owner is certified by the American Numismatic Association and possesses extensive experience. His extensive knowledge and experience with precious metals have contributed to the company’s rapid expansion.

  • Offers Storage

At Coins Plus, a highly secure storage vault is available. Their storage vault is among the safest in the world, equipped with thermal and seismic sensors, 24-hour video surveillance, and other modern security features.

Cons of Coins Plus

  • Precious Metals IRAs are Not Offered

Even though the majority of their customers are interested in tax-deferred precious metals IRAs, Coins Plus is unable to offer them because they are not partnered with an IRA custodian.

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  • Limited Online Reviews

Despite two decades in business, they have few reviews and ratings on the majority of online directories. In contrast, the vast majority of their competitors have hundreds of online customer reviews and ratings.

Customer Reviews, Complaints & Ratings

Customer reviews

According to Coins Plus reviews on the BBB, the company boasts a 4.2 out of 5 rating based on 5 customer reviews and 0 customer complaints. They are rated AA by the Business Consumer Alliance despite not having any customer reviews or ratings on the platform. And based on 23 reviews on Yelp.com, Coins Plus is rated 3/5 stars. The business is not listed on Trustpilot or Trustlink.

  • BBB: 4.2/5 stars, 5 reviews
  • BCA: AA rating, 0 reviews 
  • Yelp: 3/5 rating, 23 reviews (view details)
  • Trustpilot: Not listed
  • Trustlink: Not listed

Is Coins Plus a Scam or a Legitimate Firm?

Coins Plus is certainly not a fraud, as they have a lengthy history and a track record of success. In addition, the proprietor is a certified numismatic expert.

Alternatives to Coins Plus 

Coins Plus Reviews Conclusion

Coins Plus is a Washington-based precious metals dealer headed by Kevin Wolter. Founded in 1998, the company offers a wide selection of bullion and numismatics. In addition, Coins Plus provides its customers with a secure storage facility. On the downside, Coins Plus does not provide IRAs and has few online reviews and ratings.

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