Are you searching for the best company to buy precious metals? If so, Coins Plus is one of the companies that offer a wide selection of bars and coins. But the question most people ask is ‘is Coins Plus legit or scam?’ In this Coins Plus review, we are going to address this particular question and reveal all you need to know about the company.
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Table of Contents
- 1 What is Coins Plus?
- 2 Does Coins Plus Offer IRAs?
- 3 Coins Plus Review Summary
- 4 Location:
- 5 Address:
- 6 Year Founded:
- 7 Management:
- 8 Website:
- 9 Rating:
- 10 Coins Plus Products & Services
- 11 How It Works
- 12 Pros of Coins Plus
- 13 Large Selection of Products
- 14 Highly Experienced Owner
- 15 Offers Storage
- 16 Allows You to Order Online
- 17 Cons of Coins Plus
- 18 Precious Metals IRAs Not Offered
- 19 Limited Online Reviews
- 20 Coins Plus Reviews, Complaints & Ratings
- 21 Is Coins Plus a Scam or Legitimate Firm?
- 22 Coins Plus Alternatives
- 23 Coins Plus Review- summary
What is Coins Plus?
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 boasts 10 years of experience in executive level banking and finance management. He’s also undergone rigorous numismatic training, including advanced coin grading and counterfeit detection. Through Kevin’s experience and professional leadership, Coins Plus has expanded immensely and currently serves the United States and many parts of Canada.
Does Coins Plus Offer IRAs?
Currently, Coins Plus is not offering precious metals IRAs. If looking for a reliable company to roll over your IRA or 401k to gold/silver, we recommend Goldco Direct.
Coins Plus Review Summary
3201 N Division St
Spokane, WA 99207-1945
Kevin Wolter (President)
Rating:(3 / 5)
Coins Plus Products & Services
Coins Plus offers silver, gold, platinum and palladium bullion coins, bullion bars and jewelry, as well as rare and collectible certified numismatic coins. Unlike most companies, Coins Plus mainly specialize in US Coins and currency. Apart from selling metals, the company also buys from investors. Thus, if you got some coins to sell, Coins Plus promises accurate grading, fair appraisals and top dollar for your assets. Another service offered at Coins Plus is the ‘Safe Depository Service’ whereby the company provides a highly secure depository facility. Their private safe deposit boxes are among the most secure in the world.
How It Works
The simplest way to buy from Coins Plus is through their official website. You can start by creating a new customer account, then proceed to add items to your shopping cart and move on to checkout to make payment. An alternative option is to order through phone.
Pros of Coins Plus
Large Selection of Products
Coins Plus is commonly regarded as the ‘dealers’ dealer’ due to their wide selection of bullion, rare coins and jewelry. Their catalog is so vast that they consider themselves as a one size fits all company.
Highly Experienced Owner
The company boasts an experienced owner who is fully certified by the American Numismatic Association. His extensive knowledge and experience in precious metals has led to the rapid growth of the company.
A highly secured storage vault is provided at Coins Plus. With heat and seismic detectors, 24 hour video surveillance and other modern security features, their storage vault is among the safest in the world.
Allows You to Order Online
Their simple ecommerce system enables you to save time by ordering online. All you need to do is create an account, select whatever you wish to buy and place you order right on their online platform.
Cons of Coins Plus
Precious Metals IRAs Not Offered
Even though most of their clients are looking to benefit from tax-deferred precious metals IRAs, Coins Plus is currently not in a position to offer them as they are not partnered with an IRA custodian.
Limited Online Reviews
They have very few reviews on most online directories despite their 2 decades in business. On the contrary, most of their competitors have hundreds of customer reviews and ratings online.
Coins Plus Reviews, Complaints & Ratings
Coins Plus boasts a 3/5 rating on the BBB based on 2 customer reviews and 0 customer complaints. On the Business Consumer Alliance, they are rated AA even though they have no customer reviews or ratings on the platform. And on Yelp.com, Coins Plus is rated 3.5/5 based on 19 reviews. The company is not listed on Trustlink and Trustpilot.
- BBB: 3/5 stars, 2 reviews (view details)
- BCA: AA rating, 0 reviews (view details)
- Yelp: 5/5 rating, 19 reviews (view details)
- Trustpilot: Not listed
- Trustlink: Not listed
Is Coins Plus a Scam or Legitimate Firm?
For sure, Coins Plus is not a scam has they have a long history and a proven track record of success. Furthermore, its owner is a certified numismatic guru.
Coins Plus Alternatives
Coins Plus Review- summary
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. Moreover, Coins Plus offers its clients a foolproof storage vault. On the negative side, Coins Plus does not offer IRAs and has limited reviews and ratings online.