If you are thinking about investing in numismatics and precious metals, finding a reliable and trustworthy dealer is extremely important. One such entity that has been catering to collectors and investors for decades is the Mount Vernon Coin Company. Established in 1976 in Alexandria, Virginia, as a full-time coin and precious metals shop, the company has evolved and expanded its services over the years. This review aims to delve into the offerings of the Mount Vernon Coin Company, examining its history, products, purchasing process, as well as the pros and cons associated with this establishment.
Table of Contents
- 1 What Is Mount Vernon Coin Company?
- 2 Mount Vernon Coin Company Products
- 3 How It Works
- 4 Pros of Mount Vernon Coin Company
- 5 Free Shipping for Orders of $200 or More
- 6 User-Friendly Website and Catalog
- 7 Multiple Payment Options
- 8 Many Years in Business
- 9 Knowledgeable Staff
- 10 Wide Range of Coins
- 11 Cons of Mount Vernon Coin Company
- 12 Not BBB Accredited
- 13 Insufficient Reviews Online
- 14 Does Not Offer Precious Metals IRAs
- 15 Is Mount Vernon Coin Company Legit?
- 16 Similar Reviews
- 17 Mount Vernon Coin Company Reviews- Conclusion
What Is Mount Vernon Coin Company?
In 1976, the Mount Vernon Coin Company opened its doors in Alexandria, Virginia, establishing itself as a full-time coin and precious metals shop. The year 1993 marked a significant relocation to Annapolis, Maryland, a strategic move to better serve the Baltimore/Washington D.C. area and cater to a national clientele through catalogs and the internet. The company boasts an active, full-service coin shop, with its staff actively participating in numerous major coin shows each year to acquire material for its extensive client base.
Collectors and investors across the country have come to rely on the Mount Vernon Coin Company and its knowledgeable staff to provide quality coins at affordable prices. With a competent team of 10 experts, the company claims to meet the needs of virtually all who seek their services.
Mount Vernon Coin Company Products
The Mount Vernon Coin Company offers a diverse range of products, as highlighted on their website. The inventory includes coins, proof sets, mint sets, coin sets, currency, silver bullion, and various supplies. This extensive product line caters to both seasoned collectors and newcomers to the world of numismatics, providing a one-stop shop for those seeking a variety of numismatic and precious metal items.
How It Works
For those interested in acquiring items from Mount Vernon Coin Company, the recommended avenue is through their official website. The company has invested in an elegant website that features an extensive catalog and an efficient checkout system. This online presence allows customers to browse through the vast array of offerings, select their desired items, and complete the purchase with ease.
Pros of Mount Vernon Coin Company
Several factors contribute to the positive reputation of Mount Vernon Coin Company:
Free Shipping for Orders of $200 or More
Customers stand to benefit from free shipping on orders exceeding $200, providing an added incentive for larger purchases. This can be particularly attractive to investors or collectors looking to acquire a substantial quantity of coins or precious metals.
User-Friendly Website and Catalog
The company’s commitment to providing a seamless customer experience is evident in its user-friendly website and catalog. The well-organized layout and intuitive navigation enhance the overall shopping experience, making it easier for customers to find and purchase the items they desire.
Multiple Payment Options
Recognizing the diverse preferences of its customer base, Mount Vernon Coin Company accepts multiple payment options. This flexibility allows customers to choose the method that best suits their preferences and financial situation.
Many Years in Business
With a history dating back to 1976, Mount Vernon Coin Company has a substantial track record in the industry. The longevity of its operation suggests a level of stability and reliability that is reassuring to customers.
The presence of a competent team of 10 experts underscores the company’s commitment to providing knowledgeable and helpful assistance to its customers. This expertise can be invaluable, especially for those new to coin collecting or precious metal investing.
Wide Range of Coins
The company’s extensive product range, covering coins, proof sets, mint sets, currency, silver bullion, and more, caters to the diverse needs and interests of its clientele.
Cons of Mount Vernon Coin Company
While Mount Vernon Coin Company boasts several strengths, it is essential to consider potential drawbacks:
Not BBB Accredited
A notable absence from the Better Business Bureau (BBB) accreditation raises questions about the company’s commitment to meeting industry standards. BBB accreditation is often seen as a mark of trustworthiness and adherence to ethical business practices.
Insufficient Reviews Online
The scarcity of online reviews can make it challenging for prospective customers to gauge the experiences of others. A more robust online presence and customer feedback would contribute to a more transparent evaluation of the company’s performance.
Does Not Offer Precious Metals IRAs
For those interested in diversifying their investments through precious metals Individual Retirement Accounts (IRAs), Mount Vernon Coin Company’s lack of this offering may be a limiting factor.
Is Mount Vernon Coin Company Legit?
The question of legitimacy is crucial when dealing with precious metals and collectibles. While Mount Vernon Coin Company has a long history and a range of positive attributes, the absence of BBB accreditation and limited online reviews may give some potential customers pause. The company’s legitimacy appears to be grounded in its decades-long operation and a team of knowledgeable experts, but prospective customers should exercise due diligence.
Mount Vernon Coin Company Reviews- Conclusion
In conclusion, Mount Vernon Coin Company has established itself as a prominent player in the coin and precious metals industry. With a rich history, a wide range of products, and a commitment to customer satisfaction, the company appeals to collectors and investors alike. The user-friendly website, free shipping incentive, and knowledgeable staff are clear strengths. However, the absence of BBB accreditation, limited online reviews, and the lack of precious metals IRA options raise considerations for potential customers. As with any significant investment, individuals should conduct thorough research and consider their specific needs before engaging with Mount Vernon Coin Company or any other dealer in the industry.