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Pinehurst Coins has marked its place in the precious metals industry as one of the top distributors offering coins, bars, and rounds.
They also specialize in certified rare coins, jewelry, watches, and other numismatic collectibles.
With over 18 years of expertise and a reputation for great customer service, Pinehurst Coins may be the right choice for those looking to buy quality precious metals at competitive prices.
Before we get started, investing your savings is a serious task. When it comes to adding precious metals to your portfolio, how do you know which companies to trust?
That is why we have researched every company in the industry and selected the very few with the highest customer service standards.
This way you can easily compare the best companies in the business, and choose one that fits your needs and investment goals.
Read the list to see if Pinehurst Coins passed our strict customer service standards to become one of our top recommendations.
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About Pinehurst Coins
Founded in 2004 in North Carolina, Pinehurst Coins has come a long way from being an eBay store selling simple coins to one of the nation's largest and most respected online precious metals retailers.
The owner, Vincent Wade, is a numismatic enthusiast who served as a combat engineer in the United States Army for eight years before getting into the coin business. And indeed, success was guaranteed, given his Modus Operandi of hard work, dedication, and discipline.
Pinehurst Coins' number one priority is to provide their clients with the best overall buying and selling experience. This has enabled it to positively and significantly impact the numismatic community.
Accordingly, the company became a profoundly respected member of the American Numismatic Association (ANA), Certifed Coin Exchange (CCE), and Professional Numismatists Guild (PNG).
Pinehurst Coins is also a PCGS, NGC, and PMG-authorized dealer and is accredited by the Better Business Bureau with an A+ rating.
The company sells and buys high-quality products of almost every size. You can find:
Pinehurst Coins' gold inventory is beyond impressive, to say the least. On their website, clients can find gold coins from China, Australia, South Africa, Canada, the U.K., and of course, the U.S. They also have pre-1933 and medieval gold coins, as well as bars and rounds.
The best part is that they show the prices of each item in real-time (updated after every five minutes), so clients know that what they're getting is a fair market value.
Some notable gold coins and bullion include:
Pinehurst Coins also offers an extensive selection of American and foreign silver coins, as well as silver bars and rounds from the United States Mint and other reputable mints worldwide. They boast over 4,000 different silver products in inventory, including commemorative coins and high-grade bullion.
3) Platinum & Palladium
Platinum and palladium coins are suitable for new collectors just getting into the numismatic hobby, as these coins can be purchased at very competitive prices. Pinehurst Coins offers various platinum and palladium coins, such as American Eagles, Canadian Maple Leafs, Australian Koalas, Chinese Pandas, and more.
4) Numismatic Collectibles
Pinehurst Coins essentially started as a rare coin and collectibles business, so it's no surprise they have some of the most sought-after coins in the market. Among their most popular collectibles are error coins (which Mints don't release into circulation due to various imperfections) and historic currency notes (like US Goldback Aurums and Legal Tenders).
5) Other Items
Pinehurst Coins also sells jewelry, watches, books, and supplies for your collectibles. For instance, you can get coin storage boxes, precious metals verifiers, double pocket coin flips safes, etc. Moreover, sports enthusiasts can also buy sports cards and memorabilia, such as the 1959 Topps Hank Aaron Rookie Card.
The Pinehurst Coins team includes professionals carefully selected to guarantee their clients an exceptional experience. For example, the director of people operations, Toni Koontz, has over 25 years of teaching experience, which has given her the ability to quickly and easily assess the needs of every client. The company's owner, Vincent Wade, is a certified numismatologist passionate about helping others invest wisely.
The company also provides appraisal services, consulting, and grading services as part of its commitment to its customers. Plus, they offer competitive commission rates on all types of silver and gold coins for those who want to sell their collections quickly and securely.
Pinehurst Coins provides free shipping on all orders. On their website, they say that they deliver within five business days, but they always make an effort to ship within one business day. All their products in transit are fully insured and shipped in discreet packaging.
Clients should note, however, that Pinehurst Coins only delivers within the U.S. And, if a product has "presale" indicated in the subtitles and descriptions, the shipping date is subject to change, sometimes requiring additional five days for clients to get their purchases.
Pricing and Fees
Pinehurst Coins sets itself apart by being transparent with its prices. Their website shows the current market prices in real-time. They also have a "Price Match Guarantee" program in which they match or beat the competition's prices when buying or selling products to their clients.
However, coins must have the same grade and label, and bullion must be of the same metal type, quality, size (weight and denomination), quantity (number of units for a certain price level or tier), and come from the same manufacturer,
Returns and Cancellations
If a client is not satisfied with their purchase, they can return or exchange their items within three days from the delivery date. These products must be in their original packaging and in the condition they were received. Moreover, all exchanges and returns are subject to a 5% restocking fee.
Customers who wish to cancel their orders from Pinehurst Coins can do so by speaking to one of their customer service representatives during operating hours, that is, from Monday to Friday, 10:00 am to 5:00 pm. Clients will pay a $35 cancellation fee plus any market loss incurred while canceling using a credit card. But Pinehurst Coins will keep any market gains resulting from the cancellation.
Getting Started With Pinehurst Coins
Pinehurst Coins allows customers to purchase from them either as a guest or a client registered with them. Clients who register with the company can access more features, such as creating Wish Lists and managing their orders.
To get started with Pinehurst coins, customers must first choose the product they want to purchase and add it to their cart. They can then proceed to checkout, where they will be asked to provide their shipping and payment information. Upon completion, Pinehurst Coins will examine their order within 48 hours and then contact the client to confirm their purchase.
Another option is to call one of their representatives directly or email to inquire about pricing or product availability. Those living near Pinehurst, NC, can also visit their retail store to buy or sell coins.
Benefits of Buying Precious Metals and Rare Coins and Collectibles
For centuries, gold, silver, and other precious metals have been a great way to preserve wealth and have even proven safer than paper currencies. Today, people also invest in them for:
Rare coins enjoy rather favorable sales tax and grow in value without incurring yearly taxes like from dividends from stocks and bonds. However, gold and silver are classified as assets in the U.S., so they incur the same capital gains tax rate of 15% as other investments.
A hedge against inflation and market downturns
Rare coins have been known to increase in value during economically challenging times when other investments often take a hit. As a result, your purchasing power is protected, and you will be able to benefit from your investments when the market recovers.
Diversification of portfolios
It is often very dangerous to have all your money in one or perhaps two investments. If anything bad were to happen to one of your assets, you should be able to depend on others until the market picks up. Precious metals can be a great way to diversify your portfolio because they are not governed by the same forces that affect other investments.
Privacy and confidentiality
Unlike traditional investments, rare coins and precious metals can be bought and sold without revealing any of your personal information. This makes them great for those who prefer to keep their financial affairs private.
There has been a recent surge in fraudulent coin dealers trying to exploit novice or inexperienced investors. It's recommended to stick to reputable dealers like Pinehurst Coins, with a proven track record and solid reputation.
The value of coins can be very volatile. Among the many drivers of these market fluctuations are people's feelings about that particular coin. There are instances where if the reputation of a coin drops, its value will follow suit.
Storage and Security
Coins are physical items, so they have to be kept safe from theft and damage. Consider keeping them in a secure storage facility or purchasing specialized insurance coverage specifically for your coins and collectibles.
Does Pinehurst Coins Offer Gold IRA?
Unfortunately no. There's no mention of Pinehurst Coins offering gold IRA services on their website. If you are interested in saving or growing your wealth with precious metal IRA, consider alternatives such as:
Things to Keep in Mind When Investing in Gold IRA
First, any precious metal that you buy as a backup for your gold IRA account must meet IRS's requirements. This means that you can only buy coins and bars that have been minted by approved refineries in the United States, Canada, Great Britain, Austria, Australia, or South Africa. They must also be very pure.
Second, you should look for a custodian that is licensed by the IRS to manage your gold IRA. Not all custodians are authorized to do this, so make sure you're selecting a reputable one who will be able to hold and protect your investments until you retire.
Finally, don't forget the storage costs for the precious metals backing up your gold IRA account. Fortunately, many depositories in the country are both secure and insured. You should also read up on the different types of fees associated with gold IRA accounts to ensure that you're getting the best deal.
Investing in precious metals and rare coins is usually a good idea, as it has become increasingly popular over the past few years. Investing in these assets can bring you many benefits, such as diversification of your portfolio and tax advantages.
However, before investing in precious metals or rare coins, make sure to do your research and find a reputable dealer like Pinehurst Coins that will provide you with quality service and guidance.
Additionally, if you are interested in gold IRA investments, keep an eye out for companies authorized to manage them and check out the fees associated with different depositories.
With a bit of research, you can be on your way to making a smart and informed investment decision.
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