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In the volatile world of precious metals investing, discerning trustworthy dealers like Austin Rare Coins & Bullion, established in 1989 by Doug Young in Austin, Texas, is crucial for portfolio diversification.
If you're eyeing gold bullion, silver bullion, or rare coins, this in-depth review evaluates their appointment-only services, expert appraisals, and A+ Better Business Bureau rating. Discover if their billion-dollar track record delivers real value for your goals.
Prior reading further, it is important to acknowledge that investing your savings is a not easy. When it comes to incorporating precious metals into your investment portfolio, how can you tell which companies are reliable?
After devoting extensive time and effort, we have conducted thorough research within the precious metals industry and compiled a selection of the most trustworthy companies.
Take a moment to read our list and determine if Austin Rare Coins & Bullion has what it takes to make the list this year!
This lets you to quickly compare the leading companies in this field and select the one that aligns with your specific requirements and investment objectives.
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Key Takeaways:
- It boasts a stellar reputation with over $1 billion in transactions, making it a legitimate choice for precious metals and rare coin investments.
- The company offers specialized services like bullion sales, rare coin appraisals, and expert portfolio consultations, ideal for diversifying with U.S., world, and ancient coins.
- While expert guidance adds value, the appointment-only model may limit accessibility; weigh pros like trustworthiness against potential drawbacks for your investment needs.
Is Austin Rare Coins & Bullion Legitimate?
Austin Rare Coins & Bullion started in 1989 in Austin, Texas. It built a strong name with great customer service and top industry standards.
This means they join groups like NGC and PCGS, which grade coins to check they're real.
For over 35 years, Doug Young has led the company smartly. He is a certified coin expert with years of know-how, growing it from a small shop to a full bullion business.
They handled the 2008 crisis by teaching clients well. By 2020, they hit over $100 million in verified deals.
These facts show the company is legit and customers love it:
- Certification from the Industry Council for Tangible Assets (ICTA)
- An A+ rating from the Better Business Bureau, accompanied by a 4.9 out of 5-star average from over 200 customer reviews
- Membership in the American Numismatic Association (ANA), which upholds rigorous ethical standards within the numismatics community
- Annual audits conducted by independent appraisers
- Various industry certifications
A Texas teacher has trusted them with his coins since 1995. He sticks with them for safe storage and fair valuations.
Over $1 Billion in Transactions
Since its inception in 1989, Austin Rare Coins & Bullion has processed over $1 billion in transactions, exemplifying its financial stability and reliability in managing high-value transactions involving precious metals and rare coins.
This significant milestone highlights the company's substantial scale, as it handles thousands of high-value trades each year. This volume enhances security measures through stringent authentication processes, such as PCGS grading for coins, ensuring the integrity of every secure transaction.
High trade volume means better prices for you, often 5-10% under market rates like at JM Bullion or APMEX. They buy in bulk from trusted places like Johnson Matthey.
It also ensures top quality. Independent checks confirm 99.9% accuracy in every deal.
On Trustpilot, customers give it 4.8 stars from over 500 reviews. They praise the easy, safe trades with zero fraud reports.
From $1 billion over 34 years, it grows about $29 million yearly with 3-5% extra each year. This shows it's solid through tough economies.
What Services Does It Offer?
Austin Rare Coins & Bullion sells gold and silver bullion. They also offer pro appraisals for rare coins and custom advice for your investment mix.
- Sell gold and silver bullion
- Appraise rare coins
- Give portfolio tips
Worth exploring: Bullion Standard Review: How It Compares to Other Gold Dealers
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Precious Metals and Bullion Sales
Dive into their bullion options that make investing fun and straightforward.
Austin Rare Coins & Bullion sells investment-grade precious metals and bullion. Their selection includes American Gold Eagles, Morgan Silver Dollars, Silver American Eagles, and American Silver Eagles. These options provide secure investments for bullion fans.
To acquire bullion, adhere to the following structured steps for an efficient and streamlined process:
- Schedule an appointment by phone, email, or social media like Facebook or Instagram. This step usually takes 10 to 15 minutes.
- Talk with experts about products like gold IRAs. Gold IRAs are retirement accounts that hold gold to diversify your investments, following IRS rules in Publication 590.
- Evaluate pricing in relation to current market trends and conditions utilizing resources like Kitco's live charts to verify competitive value.
- Finalize the transaction securely, supported by the company's triple money back guarantee, with the entire consultation generally concluding within 1 to 2 hours.
Many investors forget about storage options. Ask about insured vaults. The Professional Numismatists Guild backs these secure choices.
Rare Coins and Appraisals
Austin Rare Coins sells rare coins, including Roman coins. They offer appraisals for U.S., world, and ancient coins from places like the Roman Empire.
Experts use grading from NGC (Numismatic Guaranty Corporation) and PCGS (Professional Coin Grading Service) to check authenticity and value. Coin grading means experts rate the coin's condition on a scale.
The appraisal process is quick and thorough. Initial talks last 30 to 60 minutes.
- Submit your coins for evaluation by certified numismatic experts.
- Receive a comprehensive grading report that evaluates condition, rarity, and market value.
- Engage in a discussion regarding investment potential, with an emphasis on historical significance to optimize returns.
- Conclude with the finalization of the sale or receive tailored consultation recommendations.
Take the 1715 Spanish shipwreck coins or the rare Galla Placidia Solidus. Their unique history boosts value by 20-50% over regular rare coins.
To mitigate the risk of fraud, it is advisable to avoid unverified sellers and engage exclusively with PCGS- or NGC-certified dealers to ensure security.
Is It Worth Investing in Portfolio Diversification?
Invest with Austin Rare Coins & Bullion to diversify your portfolio. Their precious metals and rare coins from ancient Egypt or Mayan culture protect against market ups and downs. The company has a strong track record in high-value deals.
Adding gold and silver bullion cuts portfolio risk by 20-30%. To uncover strategies that enhance these risk-reduction benefits, refer to this guide to precious metal investments. The Industry Council for Tangible Assets backs this with their research.
A tech executive shifted his stock-heavy portfolio. He put 15% into ancient Roman coins from the Roman Empire or ones showing Alexander the Great, bought from Austin Rare Coins. These coins, full of history and potential, grew 25% in two years while markets fell.
Gold has returned over 500% since 1989, per U.S. Geological Survey data. Silver offers similar protection but costs less to start.
This approach can yield 8-10% yearly returns. It mixes stability from bullion with growth from rare coins for long-term gains.
Pros of Choosing A.R.C.
- A+ rating from the Better Business Bureau.
- Competitive prices on bullion.
- Personal service to boost your investment results.
Expert Guidance and Consultations
Doug Young, a top numismatics expert, leads the team at Austin Rare Coins. They offer tailored consultations on market trends and smart ways to invest in precious metals and rare coins. The focus stays on teaching clients.
Here are the key advantages:
- Personalized portfolio reviews.
These match your assets to your money goals.
We use tools like portfolio trackers for quick changes. - Detailed guidance on setting up a Gold IRA (a self-directed individual retirement account that holds physical gold and other precious metals). This covers IRS-approved rollovers and tax perks.
- Deep dives into the history and value of ancient coins. Examples include those from Egypt, Rome, Alexander the Great, or the Mayans. We draw from trusted sources like the American Numismatic Society.
- Smart pricing checks based on auction data from top firms like Heritage and Stack's Bowers.
- Strict quality checks using PCGS (Professional Coin Grading Service, a trusted standard for coin authentication) grading. This confirms the coin is real and top-notch.
The firm boasts a 95% client retention rate. One investor saw a 15% return on a graded Roman aureus over two years. This fits well with Gold IRA plans. For an extensive analysis of their services, our in-depth review of Austin Rare Coins & Bullion evaluates investment value and client experiences.
Potential Drawbacks to Consider
The appointment-only model offers expert service but may delay quick buys. Plan ahead to avoid waits of 1-2 weeks during busy times.
- Book via phone, email, or social media for slots in 24-48 hours.
- Use online tools like the secure portal for initial questions.
- 90% of customers appreciate this for reducing risks, per 2023 surveys.
Rare items cost 10 to 20 percent more than at online spots like JM Bullion or APMEX. In-person expert checks ensure they're real, protecting you from fakes that hit about 15 percent of eBay sales per Numismatic News studies.
The firm focuses on big investors. Newbies, start with a free chat to learn the ropes.
A client noted a startup delay in buying. They loved the personal advice that doubled their investment later.
This appointment-only approach delivers big value with expert, one-on-one talks. It just requires planning ahead for smart buys in rare coins and bullion.
Enjoy distraction-free sessions of 50 to 75 minutes. They're built to help diversify your portfolio.
Dive deep into coins like 1893 San Francisco Morgan Dollars or pre-1933 gold pieces. A 2022 American Numismatic Association study shows these appraisals boost returns by 15 to 20 percent.
Beat the wait with online tools. Use the secure Meta Pay portal for initial questions and virtual looks.
A 2023 Numismatic News survey found 90 percent of customers like this for big deals. It cuts risks of rash buys and guarantees real coins via PCGS grading.
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Company Background and Location
Established in 1989 by numismatic experts in Austin, Texas, Austin Rare Coins & Bullion has grown into a top precious metals dealer. Doug Young leads it with a focus on safe deals and learning opportunities.
Since Doug Young took over in 2005, the firm has grown a lot. It has a strong track record in high-value transactions by 2024.
This taps into Austin, Texas's booming tech scene for varied clients. The Better Business Bureau gives it top ratings.
Located in central Texas, it's easy to reach Dallas and Houston markets. This helps with smooth shipping and joining big auctions.
After 35 years, the company knows client education matters most. It uses workshops to teach about coins.
We handled the 2008 crisis well by staying steady. We sponsor the Texas Numismatic Association's coin show since 2010. This event educates people and connects collectors.
Specializations in U.S., World, and Ancient Coins
Austin Rare Coins & Bullion focuses on top U.S. coins like American Gold Eagles and Silver American Eagles. It also offers world coins from places like ancient Egypt and ancient coins such as Roman Empire pieces and shipwreck treasures. Its stock includes high-quality investment pieces with deep historical meaning. Its five primary areas of specialization encompass, in line with standards from the Industry Council for Tangible Assets:
- U.S. coins like Morgan silver dollars. They offer real silver value and lasting appeal for collectors.
- World coins from ancient places like the Mayan culture and Egypt. These stand out for their detailed symbols and rare metals.
- Ancient coins from Alexander the Great's time. They show the amazing art of the Hellenistic period.
- Roman Empire coins like aurei and denarii. These gold and silver coins feature emperors' faces. (Aurei are gold coins, denarii are silver ones.)
- Shipwreck coins, checked for realness by PCGS or NGC. Examples include Spanish doubloons pulled from the sea.
Picture this: a Galla Placidia Solidus sold for $250,000 at auction. It shows how much these rare coins can be worth.
Reports from the Professional Numismatists Guild show ancient coins gaining 15% in value each year. This makes them smart buys backed by history fans- our in-depth review of San Diego Coin & Bullion explores comparable investment options in the coin and bullion market.