Welcome to my comprehensive review of Great American Coin Company.
Like always, I don’t want to beat around the bush so let’s get started right away:
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Overview of Great American Coin Company
Great American Coin Company is a family-owned bullion dealer based in LA, California.
Being an independent journalist, I was intrigued by the prominent online presence of this gold dealer. And I noticed they are based in California, so here’s my 2 cents on this company:
Great American Coin Company Features
The Great American Coin Company stands out in the crowded world of precious metals and collectibles, offering a range of products that cater to both seasoned investors and everyday collectors. But let’s cut through the fluff and get down to what really makes them unique—because let’s be honest, the coin and bullion industry is packed with noise, and not every company out there is worth your time.
A Wide Variety of Precious Metals—Beyond Just Gold and Silver
Sure, every dealer offers gold and silver, but Great American Coin Company takes it up a notch. They provide an extensive selection of gold, silver, platinum, and even palladium products. Whether you’re looking for sovereign-minted coins like the American Gold Eagle, classic pre-1933 U.S. gold coins, or silver bars from top refineries, they have it all. They even dabble in rare and unique items, meaning there’s something for everyone—whether you’re stacking for investment or collecting for history.
A Deep Dive into World Currency and Collectibles
What sets them apart? They don’t just stick to the usual bullion. They have an impressive lineup of international banknotes, featuring currencies from regions such as Zimbabwe, Venezuela, Vietnam, and Indonesia. If you’re into collecting hyperinflated currencies or historical notes, they have options you won’t find at your run-of-the-mill bullion dealer. This niche offering appeals to both investors looking for exotic assets and collectors fascinated by the world’s economic history.
U.S. Currency Experts—A Focus on American Heritage
Unlike some dealers that simply push whatever’s popular, Great American Coin Company specializes in historical U.S. coins and paper money. They offer classic pieces like Morgan Silver Dollars, Peace Dollars, silver certificates, and even rare proof sets. If you’re looking for a piece of Americana with real value, this company has you covered. They’re not just selling metal; they’re selling history—tangible pieces of our nation’s past.
Straightforward Pricing—No Smoke and Mirrors
Let’s be honest: the precious metals market is full of shady players who love hidden fees and sneaky upsells. Great American Coin Company operates with clear, upfront pricing on their website and platforms like eBay, making it easier to know exactly what you’re paying for. No gimmicks, no surprises—just straightforward business.
Accessibility Through eBay and Online Platforms
One of their smartest moves is leveraging platforms like eBay, where they have an established presence and thousands of verified transactions. This offers customers an added layer of transparency—you can check their ratings, read real customer reviews, and avoid the guesswork. In an industry where trust is hard to come by, this accessibility gives them a competitive edge.
Precious Metals IRAs—Long-Term Wealth Protection
For those thinking beyond short-term stacking, Great American Coin Company also offers options for Precious Metals IRAs. This allows investors to hold physical gold and silver in a tax-advantaged retirement account. They help you cut through the complexity of IRS regulations and make the process hassle-free—because let’s face it, dealing with retirement accounts isn’t exactly thrilling.
Customer Service That Doesn’t Leave You Guessing
Many competitors in the industry treat customers like walking dollar signs, but Great American Coin Company takes a more personalized approach. Their customer service team is known for being responsive and knowledgeable, guiding both beginners and experienced investors through their options with no pressure tactics.
If you’re looking for a company that offers more than just generic gold and silver options, Great American Coin Company is worth considering. Their unique mix of global banknotes, rare U.S. currency, transparent pricing, and solid customer service makes them stand out in an industry full of pretenders.
So, whether you’re diversifying your portfolio, hedging against inflation, or simply fascinated by the world of rare coins, Great American Coin Company offers something that most other dealers simply can’t match—variety, honesty, and a little bit of history in your hands.
Great American Coin Company Products and Services
Alright, let’s get into it. If you’re looking for a coin dealer that offers more than just your standard run-of-the-mill bullion, Great American Coin Company might just be what you’re after. They aren’t some flashy, gimmick-laden operation pushing overpriced collectibles; instead, they offer a solid lineup of products that cater to serious investors, casual collectors, and even those with a taste for the more obscure side of currency. Let’s break it down.
1. Gold Products – The Foundation of Wealth
If you’re in the market for gold, Great American Coin Company delivers a solid range of options—none of that “limited edition” nonsense, just the real deal.
Whether you’re after investment-grade bars or something with a bit of historical flair, they’ve got you covered with:
- Gold Coins: Think American Gold Eagles, Canadian Maple Leafs, and even pre-1933 U.S. gold coins like $5 Half Eagles and $20 Double Eagles. These aren’t just pieces of gold; they’re pieces of history.
- Gold Bars and Rounds: They stock gold bars from some of the biggest names in the game—PAMP Suisse, Valcambi, and Sunshine Mint, to name a few. If you want pure gold in a stackable format, this is it.
- Fractional Gold: Not ready to drop big bucks? No problem. They offer smaller, more accessible gold pieces, allowing you to invest at your own pace.
2. Silver Products – A Smart Hedge with Style
If gold is the king of wealth preservation, then silver is the workhorse. Great American Coin Company offers a wide variety of silver products, perfect for stacking, collecting, or even gifting (if you’re feeling generous).
- Silver Coins: This is where they shine. You’ll find American Silver Eagles, Canadian Silver Maples, and classic U.S. silver coins like Morgan and Peace Dollars. These are perfect if you’re into both investing and collecting.
- Silver Bars and Rounds: Whether you want a simple 1-ounce bar or something bigger, they offer trusted brands like Johnson Matthey, Engelhard, and even generic rounds for cost-effective stacking.
- Junk Silver: Got a thing for history and silver content? They offer 90% U.S. silver coins—think Mercury dimes, Roosevelt dimes, and Walking Liberty half dollars. It’s silver with a side of nostalgia.
3. Platinum and Palladium – For the Serious Diversifiers
If you’re not afraid to step outside the gold-and-silver comfort zone, Great American Coin Company also offers platinum and palladium products. These metals don’t get as much attention, but they’re gaining traction among smart investors looking to diversify.
- Platinum Coins and Bars: Options include popular pieces like the Platinum American Eagle and refined platinum bars from leading brands.
- Palladium Investments: Harder to come by, but they occasionally offer palladium bars and coins, which are gaining popularity in the investment world.
4. World Banknotes – For the Collector With a Global Perspective
Now, here’s where they really stand apart from the competition. Great American Coin Company offers an impressive selection of international banknotes, many of which tell fascinating stories about economic history and inflationary disasters.
- Zimbabwe Trillion Dollar Notes: If you want a tangible reminder of hyperinflation gone wild, these notes are a must-have.
- Venezuelan Bolívares: Another example of currency collapse, these notes make for great conversation starters (or cautionary tales).
- Vietnamese, Indonesian, and Middle Eastern Notes: Whether you’re a serious collector or just looking for something unique, their collection of exotic currencies is second to none.
5. U.S. Coins & Currency – The Heart of the Collection
If you have a soft spot for classic American coinage, this is your playground. Great American Coin Company offers a selection of:
- Morgan and Peace Dollars: The legends of U.S. silver currency, available in various conditions and price points.
- Proof and Mint Sets: Perfect for collectors looking to own beautifully preserved pieces straight from the U.S. Mint.
- U.S. Paper Money: From old-school silver certificates to large-size banknotes, they have a variety of historical currency options that are both collectible and conversation-worthy.
6. Novelty and Specialty Items – Because Why Not?
Sometimes you just want something fun, and they’ve got that too. Whether it’s gold-plated novelty bills, collectibles for kids, or unique gift items, they have a range of quirky products that make great gifts or conversation starters.
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Great American Coin Company isn’t trying to be something they’re not. They offer a straightforward, no-nonsense selection of precious metals and collectibles, with clear pricing and reliable service. Whether you’re looking to protect your wealth with gold and silver, or you’re a collector hunting down rare and interesting pieces, they’ve got something for you.
No flashy sales pitches. No gimmicks. Just quality products and honest service—because in a world full of hype, it’s refreshing to see a company that just delivers.
Great American Coin Company Costs and Fees
When it comes to fees and pricing, the Great American Coin Company operates with a level of transparency that’s both refreshing and, frankly, necessary in today’s market. Let’s break down the key points you need to know:
Product Pricing
- Competitive Rates: The company offers a wide array of products, from precious metals to collectible coins and international banknotes. Prices are clearly listed on their website, allowing you to see exactly what you’re paying for without any hidden surprises.
- Live Pricing: For precious metals like gold and silver, they provide live pricing updates. This ensures that you’re making purchasing decisions based on the most current market rates, which is crucial given the volatility in these markets.
Sales Tax
- California Residents: If you’re having your order shipped within California, be aware that sales tax will be applied to your purchase. This tax is calculated on the total amount, including merchandise and any applicable shipping or handling charges.
Shipping and Handling
- Customer Responsibility: As the buyer, you’re responsible for ensuring that your shipping information is accurate. If a package is returned due to incorrect information, the company will provide a refund minus any shipping costs incurred. Alternatively, they may choose to reship the product at their discretion.
Return and Cancellation Policies
- No Cancellations Post-Order: Once you’ve placed an order, it’s considered a binding agreement. The company does not permit cancellations after the order is confirmed. If you refuse shipment after the product has been dispatched, it will be returned to them, and you can either pay to have it reshipped or accept market loss fees upon return, plus a standard $35 cancellation fee.
- Return Conditions: Returns must be made within seven days of receipt and require a return authorization number. It’s important to note that there are no returns, exchanges, or refunds on genuine U.S. coins, unsearched lots of coins, or professionally graded coins.
Selling to the Company
- Payment Options: If you’re looking to sell items to the Great American Coin Company, they offer payment via PayPal (note that PayPal charges a customer fee), check (free), or wire transfer (with a $40 fee). For payments over $1,000, additional information such as your Social Security Number or Business EIN, full name, occupation, permanent address, and a photo ID is required.
In summary, the Great American Coin Company lays out its fees and pricing structures in a straightforward manner. By familiarizing yourself with their policies, you can engage in transactions with a clear understanding of any associated costs, ensuring a smooth and informed experience.
Customer Reviews of Great American Coin Company
![Reviews of the company on Trustpilot](https://www.themattwalshblog.com/wp-content/uploads/2025/01/image-1.png)
When it comes to customer feedback on the Great American Coin Company, opinions are a mixed bag, reflecting both commendations and criticisms. Let’s delve into what people are saying:
Positive Experiences
- Authenticity and Customer Service: Some customers have praised the company for delivering authentic coins and providing commendable customer service. One reviewer noted, “Great American Coin Company has never let me down. Their coins are authentic, and they have some of the best customer service I’ve come across in the industry.”
- eBay Transactions: On their eBay store, the company boasts a 99% positive feedback rating over the last 12 months, with 3,358 positive reviews. Customers frequently highlight accurate descriptions, reasonable shipping costs, and prompt delivery.
Negative Experiences
- Product Discrepancies: There have been instances where customers received items that did not match the description. For example, one buyer ordered 200,000 Vietnamese Dong banknotes but received 100,000 VND notes instead.
- Pricing Concerns: Some discussions suggest that while the company is legitimate, their prices may not be the most competitive. A user compared them to other dealers, stating they “seem perfectly legitimate just not the cheapest option.”
Accreditation and Trustworthiness
- BBB Accreditation: It’s noteworthy that the Great American Coin Company is not accredited by the Better Business Bureau (BBB). citeturn0search6
In summary, while many customers report positive experiences with the Great American Coin Company, particularly regarding product authenticity and customer service, there are occasional concerns about product discrepancies and pricing. As with any purchase, it’s advisable to conduct thorough research and consider multiple sources before making a decision.
How Investing with Great American Coin Company Works
Investing in precious metals isn’t some get-rich-quick scheme, it’s about playing the long game, hedging against inflation, and protecting your wealth. So if you’re thinking about working with these guys, here’s how it all shakes out.
Step 1: Know What You Want—Because They Sell A LOT
First off, you’re not just walking into a one-size-fits-all deal here. Great American Coin Company offers everything from gold and silver coins to platinum bars and even foreign currency. So before you dive in, figure out your game plan. Are you stacking silver bars for long-term wealth preservation? Hunting down rare U.S. coins for your collection? Or are you diversifying into international banknotes because you like the idea of holding a trillion-dollar Zimbabwe note just for fun?
Whatever it is, you better have a strategy, because impulse buying precious metals isn’t exactly the smartest financial move.
Step 2: The Buying Process—Straightforward, No Gimmicks
Once you know what you’re after, buying with them is pretty simple. You can order directly from their website or through their eBay store, which, by the way, has a solid reputation and thousands of verified transactions. They display clear pricing, and for the most part, what you see is what you get—no sneaky upsells or hidden fees.
However, keep in mind that precious metal prices fluctuate, so if you’re expecting to lock in the lowest price of the year, you might be in for a rude awakening. Timing the market perfectly? Good luck with that.
Once you place your order, it’s a done deal. Don’t expect to back out last minute without paying a cancellation fee—they take their transactions seriously, and frankly, you should too.
Step 3: Fees and Costs—Because Nothing Comes for Free
Let’s get one thing straight—this isn’t Amazon Prime. You’re not getting free shipping and same-day delivery.
- Shipping Fees: Expect to pay a reasonable shipping charge based on your order size and weight. And if you mess up your shipping details, you’ll be footing the bill to fix it.
- Sales Tax: If you’re in California, you’ll see sales tax on your order, so don’t be surprised. It’s the law, and they’re not cutting any corners here.
- Market Loss Fees: Changed your mind after gold dipped a few bucks? Too bad. If you try to cancel, you’ll face market loss fees and a cancellation penalty. Play smart, commit to your purchase.
Step 4: Delivery—Patience is a Virtue
Once you’ve checked out, you’re not going to get your gold overnight. The company typically ships out within a few business days, and for high-value orders, you’ll get tracking info to keep an eye on things. But listen—precious metals aren’t like ordering a pizza. There’s processing time, verification, and secure handling involved. So, expect a reasonable wait.
And if you’re one of those people who gets antsy after two days, maybe this isn’t the investment space for you.
Step 5: Holding Your Investment—Your Responsibility
Here’s where things get serious. Once your gold, silver, or banknotes are in your hands, it’s YOUR job to keep them safe. No one is coming to save you if you lose a gold bar under the couch. Some investors opt for secure storage options, while others like to stash their metals at home. Either way, don’t treat it lightly—physical assets require physical security.
And don’t even think about complaining if you leave your gold in a drawer and forget where you put it. That’s on you.
Step 6: Selling Back—If You Ever Want To Cash Out
Eventually, there might come a time when you want to sell some of your holdings. Great American Coin Company does buy back products, but don’t expect them to hand you top dollar out of the kindness of their hearts. They’ll offer a fair market value, minus their margins, and payments can be made via PayPal, check, or wire transfer.
And yes, if you’re selling large amounts, you’ll need to provide your social security number, ID, and all that fun stuff because—surprise—Uncle Sam likes to keep tabs on these things.
Final Thoughts – Is It Worth It?
Investing with Great American Coin Company is simple, straightforward, and no-nonsense, but it’s not for the faint of heart. If you’re expecting hand-holding and shortcuts, this isn’t your scene. However, if you’re serious about diversifying your portfolio, hedging against inflation, and taking control of your financial future, they offer a solid range of products and a fair, transparent buying experience.
Bottom line—if you’re ready to invest, do it smartly. Know what you want, understand the costs, and most importantly, take responsibility for your decisions. Because in the world of precious metals, fortune favors the informed, not the impulsive.
Great American Coin Company Pros and Cons:
You’re thinking about buying precious metals from them, maybe adding a little security to your financial future, and you’re wondering if they’re the real deal or just another outfit looking to take you for a ride.
The Pros – Why You Might Want to Do Business With Them
1. Wide Product Selection – More Than Just Gold and Silver
If you’re looking for variety, Great American Coin Company delivers. They offer everything from gold and silver coins to platinum bars and even international banknotes. Whether you’re stacking silver for wealth preservation or collecting Zimbabwe trillion-dollar bills for the novelty of it, they’ve got something for you.
No cookie-cutter offerings here—you want U.S. silver certificates? Got ’em. Unsearched lots of coins? They have that too.
Bottom line: You’re not going to run out of options.
2. Straightforward, No-Gimmick Pricing
Unlike some dealers who love tacking on hidden fees at checkout, these guys keep things relatively transparent. The prices are right there on their website and their eBay store, so you know what you’re getting into. No fast talk, no smoke and mirrors.
They’re not necessarily the cheapest game in town, but they don’t try to fleece you with ridiculous markups either. You’re paying for what you get—plain and simple.
3. A Solid Reputation on eBay
Let’s be honest, eBay isn’t exactly the Wild West anymore. If you’re running a scam, people will call you out, and fast. Great American Coin Company has thousands of transactions and a 99% positive feedback rating, which means they’re doing something right. Customers frequently highlight:
- Accurate product descriptions.
- Reliable shipping.
- A smooth transaction process.
Translation: They’ve earned some trust, and that’s not easy in this industry.
4. Unique International Currency Offerings
Here’s where they stand apart from your average gold and silver dealer. They offer a diverse range of foreign banknotes, like hyperinflated Zimbabwe dollars and Venezuelan bolívares. If you’re into collecting strange and unique pieces of economic history, their selection is worth a look.
Cool factor: Owning a trillion-dollar bill—even if it’s worthless—feels pretty good.
5. Good Customer Service – When You Need It
Some customers report having a positive experience with their support team. They’re not ghosting you after you place an order, and if something goes wrong, they usually work with you to get it sorted. Just don’t expect hand-holding—this isn’t a concierge service.
The Cons – Things That Might Make You Think Twice
1. Pricing Isn’t Always the Best
Look, they’re a business, not a charity. While they do offer fair pricing, they aren’t always the cheapest option out there. Savvy investors who shop around might find better deals elsewhere, especially when it comes to bullion with razor-thin margins.
Reality check: If you’re looking for rock-bottom prices, you might want to shop around first.
2. Occasional Product Discrepancies
Here’s where things get a little dicey. Some customers have reported receiving products that didn’t match the description, like ordering a certain denomination of foreign currency and getting something different. Mistakes happen, but in an industry where trust is everything, this is something to watch for.
Moral of the story: Always double-check your order when it arrives.
3. Return Policy Is Strict (and Non-Negotiable)
Once you’ve committed to a purchase, you’re locked in. They have a no-cancellation policy, and if you try to back out, expect fees and penalties. And forget about returning professionally graded coins or unsearched lots—those are final sale.
If you’re the indecisive type, you might want to think twice before hitting that “Buy” button.
Conclusion
Here’s the deal—Great American Coin Company is a legitimate business, and if you know what you’re looking for, they can be a great resource. They’ve got a solid selection, fair pricing, and a pretty good reputation in the community. However, they’re not without their flaws. If you’re the type of person who expects everything to be perfect, you might run into some frustration.
If you’re in the market for a wide variety of coins and currency, and you don’t mind doing a bit of due diligence, they’re worth considering. Just go in with your eyes open, check your orders carefully, and remember—precious metals investing isn’t for the faint of heart.