Last Updated on February 9, 2023 by George
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More people are becoming aware of the value of diversifying their investments in these volatile times. People are becoming more aware of the degree of security that may be provided by possessing tangible assets like precious metals.
For countless generations, people have been using precious metals investing as a safety net against macro instability.
Because precious metals frequently act as a safety net for investors when the value of fiat currency declines, it makes for an effective hedge against volatility. The volatility of metals is also generally significantly lower.
Finding the best business to buy precious metals from requires some research. Only some companies in the industry are credible, and Austin Rare Coins and Bullion are among the more well-known organizations in the sector.
Before we get started with this review:
We know how challenging it is to choose a business you can entrust with your hard-earned savings. To give you as much information as possible so that you can make the best decision, we produce informative and practical material.
To make comparing and selecting the company most suited to your needs as simple as possible, we’ve compiled a list of our highest rated investment firms.
A business called Austin Rare Coins and Bullion is in Texas, and their main office is in Austin, to be exact. They are undoubtedly among the nation’s biggest and most successful precious metals businesses.
They are a market leader and have a huge inventory. They offer a range of metals, including bullion coins of silver and gold, as well as some of the rarest coins.
They have been in operation for more than three decades and are a reliable business due to this. Additionally, they have transacted for over $1 billion and have a very strong BBB rating.
Additionally, they have a huge selection of coins to choose from and offer reasonable prices for their precious metals.
Since they founded the business in 1989, they have amassed one of the most experienced staff and provided excellent training that their clients can benefit from.
They have thousands of customers who may receive some of the best and most individualized guidance regarding precious metal investments. They have established a trustworthy reputation.
Due to their excellent service, many customers have recommended them to their closest friends and relatives. The business is aware of the value of offering individualized, high-quality service.
Because of this, they are investing in precious metals with Austin Rare Coins done with a white-glove approach. They have one of the most comprehensive selections of rare coins and precious metals.
In addition, they offer the best pricing, services, and the highest-quality goods in the industry. As previously indicated, they have kept their excellent BBB A+ rating.
Furthermore, they belong to the American Numismatic Association and they belong to the Texas Numismatic Association as well.
They, therefore, possess the qualifications and fantastic reputation you would want to find in a company you choose for your precious metals investing.
Products and Services
You can purchase a wide variety of precious metals from them. These include platinum, palladium, gold, and silver.
The Gold Austrian Philharmonic, the Canadian Maple Leaf, and the American Gold Buffalo are a few specific examples of the bullion they provide.
The American Silver Eagle, the Canadian Silver Maple Leaf, and other options are available if you’re interested in silver.
The Platinum American Eagle, the Platinum Austrian Philharmonic, or even the Platinum Canadian Maple Leaf are available for anyone wishing to invest in platinum. They provide the Canadian Palladium Maple Leaf for people wanting to invest in palladium.
Additionally, they provide coin valuations and professional grading services. You can even choose from a variety of rare and historic coins.
They will manage the IRA account setup for their clients if you work through their custodian partner, Self-Directed IRA Services (Horizon Bank). They have a platform that is accessible online and is called (Closed Loop IRA).
It’s a great platform that makes everything a lot simpler. Dealing with the corporation, the IRA custodians, and the depositories is greatly simplified.
Before investing money in the precious metals market, you should research it.
Austin Rare Coins Precious Metals IRA
Many wise and forward-thinking investors are now avoiding taking risks in the market as the stock market approaches all-time highs. Some of that money is being redistributed to the precious metals industry.
To secure and more effectively diversify their investment accounts, they are doing this by forming precious metals IRAs. You can convert a current 401K or other retirement accounts into a precious metals IRA if you want to diversify your retirement portfolio.
You may accomplish this with the help of Austin Rare Coins. If you need help figuring out how to convert your retirement portfolio into IRA-approved precious metals, they have experts on staff who are standing by to help you.
Any precious metals IRA will function similarly to a typical retirement account in that it will be self-directed. To diversify your holdings, you can invest in the IRA-approved precious metals items of your choice.
When engaging with Austin Rare Coins, you can get the professional guidance you need to select the best precious metals for your retirement account. You can transfer money to your new account without paying the penalty.
How to Open an Account
The process is simple when you work with a firm like Austin Rare Coins.
Here is how it works:
First
It would be best if you acted as the account’s custodian. For this, Austin Rare Coins uses New Direction IRA, and they discovered that they greatly simplified the process for their customers.
Second
Once the account is set up, you can deposit money immediately or have it transferred from another retirement account you are currently using.
The precious metals you want to invest in will then be purchased using those monies.
Final Action
Call Austin Rare Coins once you have finished setting up the account. One of their amiable and knowledgeable representatives is available to speak with you.
They deal with numerous different transactions and a wide range of products. They can assist you in securing your order, and the custodian will fund the transaction on your behalf.
Austin Rare Coins will then ship the precious metals to a repository with the go-ahead for security and storage.
Shipping Information
Everyone should be concerned about privacy. Austin Rare Coins prioritizes protecting your privacy because it is one of their top priorities. Every box that USPS sends to you is completely insured.
They are the only business that ultimately ensures the rare coins and precious metals it ships. Every day, several Fed Ex and UPS parcels are left unattended. Because they know this, Austin Rare Coins avoid working with these businesses.
They are sending out rare and valuable metals and coins, after all. You must personally sign for and accept the shipments you get from the USPS. Since 1989, Austin Rare Coins has been in business.
They can ensure that your precious metals are shipped in the best and safest manner possible so that you can receive your cargo without difficulty or worry.
Each package will be sent in an unbranded package. This is to keep your packaging secure and protected. The return address and the word “ARCI” will be the only labels present.
People will need help to guess what’s inside the package this way. Markings that identify the pricey metals inside of it are different from what you want. You can trust Austin Rare Coins since they have successfully sent approximately $500,000,000 through the USPS.
Additionally, they exclusively deliver to addresses in the United States. These are the only addresses on the list that the USPS may deliver mail to. It is the most secure and tested method of transporting precious metals.
Returns
There is a 14-day money-back guarantee on all sold coins. You have 14 days to return any items for a full refund if you’re unhappy with your purchase.
This covers both directions’ shipping fees. Any purchases of such metals are final; There will be no accepted returns due to the erratic nature of the bullion market for precious metals.
Why Purchase Physical Bullion?
You don’t run the danger of a counterparty when you buy actual bullion, and you don’t need to be concerned about a board of directors or inheriting any debt from the business.
You are receiving a genuine, concrete store of riches. When you buy bullion, you get a physical, tangible asset that you can use to keep the wealth that is not impacted by monetary policy or the international financial system.
Since ancient times, silver and gold have been used to store wealth. Nothing will soon change regarding this. Crash events have occurred with every paper currency, and these currencies come with significant risks.
Metals in physical form are the contrary, and they’ve been around for more than 3,000 years.
They typically do their best when other currencies and investments fall like a rock. After all, they offer a level of consistency that is unavailable from other investment forms.
They do not typically decline at the same time as stocks do because they are uncorrelated with other investments.
What’s Pre-1933 Gold?
Any legally tender gold coin produced before 1933 is included in this category. When investing in gold, it’s critical to remember this date. In the United States, gold coins ceased circulating that year.
Therefore, the amount of gold in each coin and its rarity and quality determine its worth. Before this time, the number of coins was inversely correlated to their actual value.
As a result, the acceptable gold content of a $5 gold half eagle was twice that of a $2.50 quarter eagle. With minor exceptions, this was true for all currency denominations.
What Exactly are Numismatic Coins?
These are coins with value derived from sources other than the currency’s face value. This covers the coin’s design, state, rarity, and even the market price for that particular coin.
Therefore, the metal from which One coin was produced may not always define its value. Due to this, anybody hoping to have a significant impact on gold prices shouldn’t start with these.
Owning these coins is typically discouraged, and a coin’s lower numismatic value is generally preferable.
FAQ
Who can buy from Austin Rare Coins?
Yes. Everyone may use the services of Austin Rare Coins. If you are shipping to the United States, you can buy from Austin Rare Coins whether you are an investor, coin collector, dealer, or broker.
You can buy your precious metals with a credit card on their user-friendly internet store. You can pay with a credit card for initial orders under $1,000.
When purchasing more than $1,000, you should utilize a wire order or check to save 3% off the total credit price. If your phone and chat with a professional first, they provide both cash and quantity discounts that you can use.
To purchase from Austin Rare Coins, do you have to create an account with them?
To use their services, you do not need an account. Before purchasing your precious metals, no application must be filled out, and you do not need to provide your social security number.
They advise against giving up your privacy while buying precious metals because they don’t want you to.
Is Austin Rare Coins a coin buyer?
All kinds of precious metals are always welcome at Austin Rare Coins. They are looking to purchase well-known and rare bullion goods, and they will always be pleased to purchase coins back.
Whenever you are prepared to liquidate, they require that you give them a call and speak with a representative.
They would only be interested in buying coins and collections with an evaluation value of $2,500 if you are not one of their clients and you want to sell some coins you have in your possession.
How can I determine the current value of my coins?
Because they have coins in their possession but are still determining their value, many people ask the same query.
Austin Rare Coins regrettably can only answer the countless queries for coin pricing by holding the coin to inspect its condition. Redbook is a resource you may always use to determine an estimate.
You should visit coin merchants in your area for a personal assessment if it contains common silver coins, nickels, pennies, and quarters.
Is Austin Rare Coins and Bullion a Scam?
They are not a con, no. Austin Rare Coins has been in business for a while and is not a fraud or fly-by-night business, and they have been in the business long enough to have undergone a thorough investigation.
Additionally, they belong to reputable organizations in the sector. Despite having excellent scores, they only have a few reviews. They do, however, collaborate with organizations that have a large number of considerations that support them.
Pros and Cons
Pros                   Â
- They have a large selection of stock.
- They provide many of the more well-known IRA-approved coins.
Final Thoughts – Austin Rare Coins And Bullion Review
You may trust the trustworthy precious metals merchant Austin Rare Coins and Bullion. Their catalog has a wide range of things and includes several more well-known metals that you might find interesting.
They have few reviews but a good rating. They are members of some of the more reputable organizations in the sector and have been in business long enough to undergo thorough vetting.
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