Precious Metals

Modern Coin Mart Review3 min read

Jun 24, 2021 2 min
modern coin mart review

Modern Coin Mart Review3 min read

Reading Time: 2 minutes

Today I’ll be covering the ins and outs of Modern Coin Mart. For those interested in investing in coins, this review is for you. I’ve covered literally every important aspect of Modern Coin Mart that you need to know about. If you’re looking to invest in coins or even just pick up some collectible coins, then this review was written for you.

Modern Coin Mart Review

If you are interested in investing in IRA-eligible gold, then you’ve come to the right place. Here we’ll talk about Modern Coin Mart, a precious metals dealer that enjoys an excellent online reputation. Let’s jump right ahead.

About MCM

Modern Coin Mart was founded in 2004 and is headquartered in Sarasota, Florida. There is very little info about the company management, but the official website states that Modern Coin Mart, also referred to as MCM, is a brand of Asset Marketing Services, LLC.

The official site has an extensive catalog of products that appeal to many customers. These include gold, silver, platinum, and palladium products and a pervasive collection of world coins, random memorabilia, and collectibles. However, we did not find any information about the pairing with any IRA custodians or any vault storage facilities. They will, however, ship to any destination of your choosing.

To accommodate its client, MCM deals with IRA-eligible bullion and coins. There is also a buyback program that helps people looking to sell their coins/precious metal bullion. The website is friendly, albeit rather plain. The functionality is good, but they could use an improved, more modern design.

However, MCM offers its services 24/7, has a knowledgeable staff in place, and employs very experienced numismatists.

The company offers next-day shipping and has a 30-day, no-hassle return option for all non-bullion products. Overall, Modern Coin Mart is a proper precious metals dealer with plenty of products to satisfy the pickiest buyers.

The Products

The list of products offered by Modern Coin Mart is quite extensive. From ancient coins that appeal to collectors to ITA-eligible coins and bullion for people saving for retirement, there is something for everybody. The site’s main menu is divided into product categories: silver, gold, US coins, World coins, Memorabilia, and More.

Here are some of the more notable products that you can find on the Modern Coin Mart site: Gold American Eagle, Gold American Buffalo, Silver Canadian Maple Leaf, Silver American Eagle, Platinum American Eagle, Palladium American Eagle, and more.

There is a good collection of coins like Roman, Greek, Byzantine, Medieval Coins, and much more. Modern Coin Mart also sells paper money, beer signs, collectible cans, and much more for all the collectors out there.

Other Ratings

Here are some of the reviews MCM has received over the past few years:

BBB Rating – A-
BBB Complaints – 6 in the last three years
BCA Rating – N/A
Trustpilot – 3.9/5-star (4 reviews)
Facebook – 4.1/5-stars (1,851 reviews)

Contact Information

Name: Modern Coin Mart
Address: 5260 Paylor Ln, Sarasota, Florida, 34240
Phone: 1-800-362-9004

Conclusion: Modern Coin Mart Is A Good Option

If you’re thinking of purchasing coins or investing in coin collectibles, then Modern Coin Mart is a good place to start. There’s no reason why it wouldn’t be a good place to buy coins. The BBB rating alone is enough reason to contact them. Just remember to use your best judgment when it comes to investing and understand that there are never any guarantees. Now, that being said, it’s a green light for me.

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