Is Manhattan Coin Shop the best place to buy/sell precious metals or should you look elsewhere? In this Manhattan Coin Shop review, you’ll find out all you need to know about this famous coin dealer.
Note: If you are looking to open a gold or silver IRA, you may want to check out our #1 rated Gold IRA provider here.
Table of Contents
- 1 What Is Manhattan Coin Shop?
- 2 Manhattan Coin Shop Review Summary
- 3 Location:
- 4 Address:
- 5 Year Founded:
- 6 Management:
- 7 Website:
- 8 Rating:
- 9 Manhattan Coin Shop Products & Services
- 10 How to Get Started
- 11 Manhattan Coin Shop Costs & Fees
- 12 Pros of Manhattan Coin Shop
- 13 High Quality Products
- 14 Wide Selection of Coins
- 15 Cons of Manhattan Coin Shop
- 16 Lacks Reviews
- 17 You Can’t Order Online
- 18 No IRA Services
- 19 Accreditation, Reviews & Ratings
- 20 Is Manhattan Coin Shop Legit?
- 21 Manhattan Coin Shop Reviews- Summary
What Is Manhattan Coin Shop?
Manhattan Coin Shop is a coin dealer based in Manhattan, New York City. The company buys and sells coins, and is known to have a huge collection which is replenished on a daily basis. Other than collectible coins, Manhattan Coin Shop also sells IRA eligible bullion such as Gold American Eagles, Maple Leafs and Kilo gold bars.
If you are looking to sell your coins, Manhattan Coin Shop offers great deals. They claim to be the highest paying coin dealer, not only in New York City but also in the world.
Manhattan Coin Shop Review Summary
New York City, New York
30 W 47th St #846, New York, NY 10036, United States
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Manhattan Coin Shop Products & Services
Manhattan Coin Shop offers a wide selection of bullion coins and bars as well as rare coins. Some of their most popular coins include American Gold Eagle, Gold Maple Leaf and South African Krugerrand. Also in stock are 1oz PAMP Suisse gold bars and Kilo bars. As for gold and silver IRAs, the company does not partner with any IRA custodian and therefore is not in a position to offer IRA services.
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How to Get Started
Unlike other online sellers, you can’t create an account on Manhattan Coin Shop’s website. Their website mainly has information about what they buy and sell, contact information and nothing more. To place an order, you need to fill out a contact form on their website or call them, then they will let you know whether they have what you are looking for in stock.
Manhattan Coin Shop Costs & Fees
Surprisingly, the company does not display the prices of each product in stock. To find out the buying or selling price of each coin plus shipping fees, you need to call them or send a message through their online contact form.
Pros of Manhattan Coin Shop
High Quality Products
Majority of their coins are of top quality, most of them meeting IRS standards for IRA eligibility.
Wide Selection of Coins
They have an extensive selection of bullion coins and bars as well as collectibles.
Cons of Manhattan Coin Shop
The company lacks customer reviews and ratings on almost all major online review websites. Also, they lack accreditation from the Better Business Bureau.
You Can’t Order Online
Manhattan Coin Shop lacks an ecommerce system which means you can’t order online by yourself. You will need to call them or write an email to place an order.
No IRA Services
With their lack of partnership with reliable IRA custodians, Manhattan Coin Shop is not able to provide the much sought after gold and silver IRA services.
Accreditation, Reviews & Ratings
Other than on Google My Business where they have a 3.6 out of 5 tars rating, Manhattan Coin Shop lacks reviews on all major online review websites. They are neither listed nor rated on the BBB, BCA Trustlink, Trustpilot, Yelp and other top consumer protection websites.
Is Manhattan Coin Shop Legit?
Is it legit or scam? Manhattan Coin Shop is a legit coin dealer. It’s one of the most trusted coin dealers in New York City.
Manhattan Coin Shop Reviews- Summary
Manhattan Coin Shop is a New York City based coin dealer that stocks a wide selection of bullion coins and bars. The company is revered for its high quality products, most of which qualify to be put in an IRA.
On the downside, Manhattan Coin Shop does not offer IRA services. They also lack reviews and accreditation from respected online review websites including the Better Business Bureau and Trustlink. Besides, the company does not allow you to order online, requiring you to call them or inquire via email.