Wholesale Coins Direct is a reputable company that has been providing bullion and numismatic coins to the public for over ten years.
As a leader in this industry, Wholesale Coins Direct offers a vast selection of coins and provides education and research tools to their customers.
In this review, we will take an objective look at Wholesale Coins Direct's products and services, buying and selling process, and other critical information about the company.
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One of the significant advantages that Wholesale Coins Direct offers is their educational materials. The company provides extensive resources that help customers understand the coin market better.
This includes detailed descriptions of each coin, historical data on previous sales, and market trends analysis.
They provide informative articles on their blog covering topics such as investing in precious metals and how to identify fake coins.
By having these resources available to their customers, Wholesale Coins Direct empowers them to make informed decisions when purchasing or selling coins.
What is Wholesale Coins Direct?
The background information of Wholesale Coins Direct reveals its parent company's selection by the state of Texas to build and maintain the Texas Bullion Depository.
This decision allows for secure storage and potentially great rates, which has benefited Wholesale Coins Direct as they can offer competitive prices to their customers.
As a result, this company is officially registered as a precious metals dealer in Texas.
Wholesale Coins Direct has been in business since 2003 and gained new owners in 2008.
They have extensive industry connections and provide education to customers who may not know much about precious metals investing.
The company offers various coins for sale, including the 2022 Gold Kangaroo, 2023 Gold American Eagle Coin, 2023 Gold Rabbit Coin - Perth Lunar Series, and 2023 Gold Tudor Beasts Yale of Beaufort Coin.
Customers can place an order using cash or send their coins to the company for a payment wire back.
In addition to offering quality service and a wide product selection, Wholesale Coins Direct also provides a buy-back program with different options for sellers.
The immediate liquidation sale option is best for bullion metals as the company will repurchase them at current bid price without charging any fees.
However, shipping and insurance fees are the seller's responsibility.
With over a decade of experience in the industry and official registration as a precious metals dealer in Texas, Wholesale Coins Direct is a legit company that provides valuable resources on their website to help customers make informed decisions about investing in precious metals.
Educational Materials
The Educational Materials section of the Wholesale Coins Direct website offers a range of informative resources and guides to assist readers in understanding precious metals investing.
This includes historical information on various coins, news updates, research tools for portfolio allocation, and a free guide to investing in this market.
Whether you are new to numismatic coins or investment coins, these materials can help you gain a better understanding of the industry.
For those interested in learning about the history of different coins, Wholesale Coins Direct provides several guides that go over the background and significance behind them.
Investors can also keep up with the latest news on their webpage to stay informed about developments in the precious metals market.
If you want to perform some research on your portfolio allocation, they offer tools that can help you figure out how much of your net worth should be put into precious metals.
Wholesale Coins Direct's Educational Materials section is an excellent resource for anyone looking to learn more about precious metals investing.
The company provides valuable information and insights that can help investors make informed decisions when buying or selling coins.
From historical background information to current news updates and research tools for portfolio allocation, there is something here for everyone interested in this market.
Selling to Wholesale Coins Direct
Selling your precious metals to a reputable and experienced company can be a wise investment decision, and understanding the guidelines for selling to such a company like Wholesale Coins Direct can provide you with the necessary information to make an informed choice.
Here are some key points to consider when selling your metals to Wholesale Coins Direct:
- Eligibility: To sell your metals, you must have a bank account and routing number, government-issued ID, and at least $1,000 worth of metal. The upper limit for one transaction is $75,000.
- Shipping: Once you have figured out what you want to sell, Wholesale Coins Direct creates a shipping label for you. You must pack the items as desired and include a photo of the shipment for verification purposes.
- Prices: When creating the shipping label, Wholesale Coins Direct locks in the price they will buy your metals at, eliminating variations.
- Customer Service: After receiving your shipment of coins or bullion metals that meet their guidelines and verifying it matches what was on the packing slip they will remit payment immediately.
Wholesale Coins Direct's buy-back program provides sellers with an opportunity to liquidate assets while ensuring that they receive fair market value for their investments in precious metals.
Their guidelines are straightforward and easy-to-follow process makes it simple for anyone who wants to sell their precious metal investments quickly and efficiently without any hassle or worry about getting ripped off by fly-by-night gold buyers or scams online.
What Products Does Wholesale Coins Direct Sell?
Unveiling a plethora of investment options, Wholesale Coins Direct takes pride in its diverse range of bullion and numismatic coins that cater to the needs of various investors.
Investors can choose from a selection of gold coins that includes the 2022 Gold Kangaroo, 2023 Gold American Eagle Coin, and the 2023 Gold Tudor Beasts Yale of Beaufort Coin.
The Perth Lunar Series is also available with the 2023 Gold Rabbit Coin.
Apart from gold coins, Wholesale Coins Direct also offers silver coins such as the 1 oz silver round and palladium bullion coins like the Canadian Palladium Maple Leaf coin.
Customers looking for rare collector's items will find their fair share of numismatic coins at Wholesale Coins Direct as well.
Wholesale Coins Direct provides customers with an impressive array of investment choices that are sure to suit a broad range of investor preferences.
With its extensive industry connections and commitment to providing education on precious metals investing, it is no wonder why they have been doing business successfully online and in person for over a decade.
Is Wholesale Coins Direct a Scam?
Regarding the legitimacy of this precious metals company, it is noteworthy that the Better Business Bureau has rated Wholesale Coins with a B- and received nine complaints in the previous three years, including cases of delayed shipments and payment processing issues.
These complaints may raise some concerns among potential customers who are considering working with Wholesale Coins Direct.
It is important to note that the company has been doing business for over a decade online and in person, indicating that they have a track record of providing quality service.
While there have been some negative reviews about Wholesale Coins Direct's shipping and payment processing practices, it is essential to consider that they also have positive feedback from satisfied customers on their site.
The company has a 5-star customer rating on their website, indicating that many people are pleased with their services.
Moreover, Wholesale Coins Direct offers various products for sale and provides education to customers who do not know anything about investing in precious metals.
Based on the available information provided by the Better Business Bureau and customer reviews online, we can determine that Wholesale Coins Direct is not a scam but rather a legitimate company.
They have received some complaints regarding shipping delays and payment processing issues; however, these instances seem to be isolated incidents rather than indicative of systemic problems within the organization.
If you are interested in purchasing bullion or numismatic coins or selling your precious metals through an established dealer with extensive industry connections and resources at your disposal - then Wholesale Coins Direct may be worth considering as your go-to source for all things related to gold investment opportunities!
Wholesale Coins Direct Blog
The Wholesale Coins Direct blog offers a wealth of information for investors and collectors alike, covering topics ranging from precious metals IRAs to coin reviews and even recent developments in the palladium market.
Investors can learn about the benefits of investing in a precious metals IRA and how to allocate their portfolio properly.
The blog also reviews different coins, providing insight into their rarity and value.
For those interested in collecting coins, Wholesale Coins Direct's blog is an excellent resource.
They provide historical background on different types of coins and discuss what makes them unique. And, they offer reviews on some of the newest collector's items available, giving insight into what makes them valuable or desirable to collectors.
Wholesale Coins Direct's blog provides updates on recent developments in the metal market.
For example, they recently released an article discussing palladium prices and how they relate to CPI numbers.
This information can be useful for investors looking to diversify their portfolio with less common metals or keep up-to-date with current market trends.
Wholesale Coins Direct's blog is an informative resource for anyone interested in coins or metal investment.
Wholesale Coins Direct Buy-Back Guarantee
The company is dedicated to providing access to the best precious metals products available and assisting customers when they are ready to cash out of their investment.
With this in mind, they offer a buy-back guarantee, which provides customers with three options for selling their purchased metals: open market sale, consignment sale, and immediate liquidation sale.
The first option is an open market sale where sellers can sell their metals themselves and control the listing price.
This method allows them to achieve the highest price possible but does require more effort.
On the other hand, choosing the consignment route often results in a higher payout as coins will be listed through Wholesale Coins Direct's trading floor.
Sellers will receive payment based on the current market price minus an 18% fee if they choose this option.
If sellers own bullion metals, immediate liquidation is deemed as the best option for them. Wholesale Coins Direct guarantees that they will repurchase bullion metal at the current bid price without charging any fees for this service.
However, shipping expenses and insurance fees for shipment are solely shouldered by the seller.
With its efficient customer service team and certification services for gold and silver items sold or bought from them, Wholesale Coins Direct aims to provide complete satisfaction to all its customers while ensuring transparency throughout every transaction made with them.
Conclusion
Wholesale Coins Direct is a reputable company that offers a wide range of bullion and numismatic coins to its customers.
They have been in business for over a decade and have established themselves as one of the leading dealers in the industry.
The company also provides educational materials and research tools to help their customers make informed decisions when buying or selling coins.
Wholesale Coins Direct has received positive feedback from their customers and has maintained a good reputation with the Better Business Bureau.
Their buy-back guarantee gives customers peace of mind when making purchases, and their blog offers valuable insights into the world of coin collecting.
Overall, Wholesale Coins Direct is a trustworthy option for those looking to invest in coins or add to their collection.
So, if you want to purchase high-quality coins from a reliable source, look no further than Wholesale Coins Direct!