- Website: www.GainesvilleCoins.com
- Location : Lutz, FL
- Business Established : January 2000
- BBB Accredited : Yes
- BBB Rating : A+
- Metals Offered : Gold, Silver, Platinum, Palladium, Copper
- Brands Offered : United States Mint, Royal Canadian Mint, Perth Mint, Austrian Mint, Engelhard, Johnson Matthey, PAMP Suisse, Credit Suisse, Rand, Sunshine, Argor-heraues, Pre-1933 US Gold.
- Shipping Charges : Varies by Weight/Destination.
An In-Depth Gainesville Coins Review
Gainesville Coins is a company offering physical gold, silver, platinum and palladium coins and bullion online through their website; GainesvilleCoins.com. Gainesville Coins is located in Lutz, FL and may be most well known for their wide selection of certified and rare gold and silver bullion coins and pre-1933 US Gold coins. Aside from selling coins on their website, the company also has a large storefront in Lutz, Florida.
Gainesville Coins Product Selection and Pricing
Gainesville Coins tend to have a larger selection of bullion coins and graded coins compared to their selection of bullion bars. Overall, Gainesville Coins stays fairly competitive with their pricing on gold and silver bullion and have generally sell their products for low markups above the current spot price for bullion. Though Gainesville has one of the largest selections of coin products, they do also have a wide variety of gold and silver bullion bars.
Gainesville Coins Shipping Rates
Unlike some of their competitors, Gainesville doesn’t provide free shipping on large orders, and seem to have high shipping and insurance rates compared to other companies. To gauge their shipping rates we added 20 1 oz silver rounds to our cart and estimated the shipping costs going to New York City and it was roughly $14 through USPS or $25 if choosing UPS.
Gainesville Coins Customer Service
Gainesville Coins’ customer service representatives don’t appear to work off of commission and there are no hidden fees once you’ve added the shipping costs into the price of your order. This was a positive in our minds, as they generally seem to have transparent pricing when you account for the shipping rates.
Gainesville Coins Website
Gainesville Coins website is fairly easy to navigate and their checkout process is simple and secure. They make it easy for you to find exactly what you are looking for and add it to your virtual shopping cart. Their customer service staff is very personable and honest, and overall Gainesville is a reputable company that we would probably feel comfortable placing an order with.
Gold and Silver Inventory Review
GainesvilleCoins.com stocks probably one of the largest selections of gold and silver coins and bullion. They not only sell some of the most popular bullion and coins but also some harder to find, more rare unique and graded coins and medallions. This is what makes them different from a lot of the other dealers out there today who focus mainly on bullion. This is great if you are a collector but probably not the best if you are just looking for good old bullion at a low cost.
Gainesville Coins IRA Program
Gainesville Coins offers an IRA Program with four custodians to choose from as well as secure storage options. They stock an extremely wide variety of IRA eligible Gold, Silver and Platinum bullion which can be convenient and they enable you to search specifically for IRA approved products if this is something you are looking into.
Gainesville Coins Complaints Review
Gainesville Coins has been accredited with the better business bureau since November of 2006. They currently have an A+ rating with 24 complaints over the past 3 years. This is right around if not below the industry average. Though they have had a number of complaints, the BBB has found Gainesville Coins to have made a good faith effort to resolve each issue. To us this showed that they appear to be reputable and honest in their business practices. This information can be found on the Gainesville Coins BBB page by clicking the image below.
Gainesville Coins Complaints
Gainesville coins has had 24 complaints with the BBB over the past three years. A majority of these complaints are related to delivery issues and problems with products and services. This amount of complaints tends to be right around the average however for gold and silver bullion dealers so it’s not bad considering that they actively seek to resolve all of these issues in a timely manner.
Is Gainesville Coins a Scam?
With a widespread online presence and a large physical storefront, we believe that Gainesville Coins is definitely not a scam. They try to stay competitive with their prices and have resolved each BBB complaint filed against them over the years. From what we found they seem to have a good reputation in the industry and continue to provide their customers with the best online buying experience possible.