Great American Coin Company Reviews- Is It Legit?

In the world of precious metal investments and coin collecting, it’s crucial to be cautious when choosing a company to do business with. The Great American Coin Company is one such entity that has caught the attention of many potential buyers. In this comprehensive review, we will delve into the company’s background, products, customer reviews, and more to answer the pressing question: Is Great American Coin Company legit?

What Is the Great American Coin Company?

Great American Coin Company Reviews

Great American Coin Company is a family-owned precious metals dealer in Los Angeles, California. Gary Dyner founded the company in 2006 due to his affinity for collecting gold, silver, and numismatic coins. The Great American Coin Company endeavors to offer customers an approach based on integrity when purchasing precious metals and rare coins.

Great American Coin Company Review Summary:

Location:

Los Angeles, California

Address:

Great American Coin Group LLC 11301 W Olympic Blvd., STE 609 Los Angeles, CA 90064

Year Founded:

2006

Management:

Gary Dyner (President and CEO)

Website:

www.greatamericancoincompany.com/

Rating:

4.2/5

Great American Coin Company Products

Great American Coin Company Products

Great American Coin Company specializes in the sale of precious metals, particularly gold and silver coins, as well as collectible coins. Their product range includes American Eagles, Morgan Silver Dollars, Gold Buffalos, and more. They also offer coin sets, numismatic accessories, and other related items.

The company’s focus on American coins is evident in its name, but they do carry a range of internationally recognized and coveted coins. Collectors and investors alike can find a variety of options to explore and purchase.

How It Works

Buying from the Great American Coin Company is a straightforward process. Customers can browse their product offerings on the website, select the items they wish to purchase, and add them to their cart. The website features a secure checkout process, an essential factor for any online retailer dealing in precious metals.

One potential concern is that the company’s pricing for precious metals may not always be the most competitive in the market. It’s advisable for buyers to do their research and compare prices with other reputable dealers before making a purchase.

Pros of Great American Coin Company

  • Physical Presence

The company’s physical location in California lends it an air of credibility, assuring customers that it is not a fly-by-night operation.

  • Wide Product Range

Great American Coin Company offers a broad selection of precious metals and collectible coins, catering to the diverse preferences of both investors and collectors.

  • User-Friendly Website

The website is easy to navigate, making it convenient for customers to browse, select, and purchase products online.

  • Secure Checkout

The company’s secure checkout process helps protect customer data and financial information, an essential feature when buying precious metals.

  • Variety of Payment Options

Great American Coin Company accepts various payment methods, including credit cards and PayPal, providing flexibility to customers.

Cons of Great American Coin Company

  • Pricing

Some customers have reported that the company’s pricing for precious metals may not always be the most competitive in the market. Comparison shopping is recommended.

  • Limited Customer Reviews

While the company has been in operation for over a decade, there are relatively few customer reviews available online compared to some other dealers in the industry.

Customer Reviews and Ratings

Reviews and ratings

To determine the legitimacy of the Great American Coin Company, we looked at various customer reviews and ratings on trusted platforms such as the Better Business Bureau (BBB), Trustlink, Yelp, and Trustpilot.

Better Business Bureau (BBB):

The Great American Coin Company is not accredited by the Better Business Bureau, indicating a lack of commitment to gaining consumer trust. Our recommendation is that you purchase from a business that is not only BBB-accredited but also has outstanding ratings and reviews on the platform.

Trustlink:

Trustlink also lacks reviews for the Great American Coin Company, and the overall rating is not available.

Yelp:

On Yelp, the company has a rating of 4.5 stars, with a mixture of positive and negative reviews. Customers have cited issues related to pricing, shipping, and customer service. It’s worth considering these factors when making a purchasing decision.

Trustpilot:

Trustpilot offers more insight into customer experiences. The company has a rating of 4.2 stars on Trustpilot, with both positive and negative feedback. Some customers report good experiences, while others express dissatisfaction with aspects like customer service and order fulfillment.

Is Great American Coin Company Legit?

The question of whether the Great American Coin Company is legitimate is not a straightforward one to answer. While the company does have some positive attributes, such as a physical location, and user-friendly website, there are also areas of concern.

The lack of BBB accreditation and uncompetitive prices are factors that potential customers should consider. Additionally, the limited number of customer reviews available on various platforms may make it challenging to form a comprehensive opinion about the company.

Alternatives to Great American Coin Company

Great American Coin Company Reviews – Conclusion

The Great American Coin Company is an established entity in the precious metals and coin industry, with a physical presence and a range of products to offer. While it has received a favorable rating on the BBB and some positive customer feedback, there are areas where potential customers should exercise caution, including pricing and the limited number of customer reviews.

As with any investment or purchase of precious metals, it’s advisable to conduct thorough research, compare prices with other reputable dealers, and consider customer reviews and ratings from multiple sources before deciding to do business with the Great American Coin Company or any other similar company. Make an informed decision that aligns with your investment or collecting goals.

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