Comprehensive Lincoln Coin Bullion Review: Insights and Evaluations

Looking for an honest Lincoln Coin Bullion review to guide your precious metal investments? We delve straight into the credibility, services, and customer experiences associated with Lincoln Coin & Bullion to inform your buying or selling decisions. Discover what sets this dealer apart in a competitive market.

Key Takeaways

Exploring Lincoln Coin & Bullion’s Business Profile

A diverse collection of gold, silver, platinum, and palladium products offered by Lincoln Coin & Bullion

Since its establishment in 2006, Lincoln Coin & Bullion has built a strong reputation as a trusted precious metal dealer in Nebraska. Its dedication to delivering competitive prices and exceptional service is reflected in its longstanding journey of nearly two decades, serving Lincoln residents and nearby areas. The company goes beyond commerce by promoting educational initiatives, as seen in their successful push for a sales tax exemption for bullion, coins, or paper money in Nebraska in 2014.

Lincoln Coin & Bullion prizes transparency in its customer service approach. It openly provides detailed information such as prices, premiums, and clear-cut guidance to customers. Additionally, the company safeguards privacy and security during transactions by implementing measures such as a locked-door and appointment-only policy.

From gold, silver, platinum to palladium bullion, the company, as a reputable bullion dealer, provides a targeted inventory for purchase and sale, including scrap gold, emphasizing a quality selection available for customers to inspect on-site and sell gold at the current spot price. In addition to these offerings, they also specialize in selling bullion.

The Founders’ Journey

The establishment of Lincoln Coin & Bullion was driven by a passion for coins and bullion, combined with a professional foundation in accounting and legislative advocacy. Founded by Scott Olson and Debbie Evans-Olson in 2006, the company is the embodiment of turning passion into a professional business endeavor. As avid hobbyists turned professional dealers, the founders have been able to fuse their personal interests with the foundation of their business.

This blend of enthusiasm and professionalism shines through in the company’s ethos. The company’s operations are anchored in knowledge, customer education, and engagement within the numismatic community. The combined expertise of the founders has been instrumental in shaping the company’s trajectory, contributing to its reputation as a trusted precious metal dealer.

Precious Metals and Collectibles Offered

Lincoln Coin & Bullion offers a wide array of precious metals, collectible paper money, and collectibles. Investors and collectors can choose from:

Beyond bullion, the company also caters to numismatists with a selection of rare collectible numismatic coins, including foreign coins, and historical currency. In addition, they offer other precious metal items such as gold scrap and sterling flatware, broadening their appeal to various enthusiasts. Therefore, Lincoln Coin & Bullion caters to a wide spectrum of needs, whether you are a novice buyer or an experienced collector.

Customer Experiences with Lincoln Coin & Bullion

Customer experiences significantly influence a company’s reputation. At Lincoln Coin & Bullion, customers have praised the company for their thoroughness, knowledge, and honesty, contributing to their overall positive reputation. The owners of the company are recognized for their integrity and fairness, assuring customers of fair treatment and competitive pricing.

While the company maintains a largely positive reputation, it’s noteworthy that a few customers have expressed dissatisfaction, feeling slighted by the service they received. However, these instances are far outweighed by the positive reviews, showing that Lincoln Coin & Bullion is committed to delivering quality service and products to its clientele.

Review Aggregation from Internet’s Leading Business Directories

The A+ rating of Lincoln Coin & Bullion on the Better Business Bureau (BBB) further bolsters the company’s market reputation. This rating demonstrates their dedication to maintaining a dependable reputation in the market. The company’s active engagement with the BBB underscores their commitment to customer feedback and transparency, contributing to their market presence.

Online community reviews also reflect a positive reception for Lincoln Coin & Bullion. On Google, the company boasts a strong average rating of 4.7 out of 5 stars. Yelp reviews offer a more varied perspective, with some customers commending the company’s integrity and fairness, while others have noted concerns regarding pricing and buyback offers. Taken together, these reviews portray a company dedicated to customer satisfaction and continuous service improvement.

Testimonials and Repeat Business

Testimonials from satisfied customers provide further evidence of Lincoln Coin & Bullion’s quality service. A Yelp reviewer commended Pat from Lincoln Coin & Bullion for the service provided, recommending the company for its services. Another customer, Kevin, praised the company for its helpful staff, contributing to a positive experience.

Repeat business is another indicator of customer satisfaction. Reviews indicate that Lincoln Coin & Bullion has built a loyal customer base, with clients returning due to the respectful and knowledgeable service. The company offers the convenience of reserving items and locking in spot prices over the phone, a feature enjoyed by repeat customers and accessible to new customers with a down payment.

Comprehensive Services at Lincoln Coin & Bullion

Professional appraisal equipment used at Lincoln Coin & Bullion for accurate evaluations

Lincoln Coin & Bullion offers a comprehensive suite of services to its clients, including:

These services cater to both casual buyers and serious investors.

For customers wishing to sell, Lincoln Coin & Bullion provides the following services:

Their customer support prioritizes exceptional care, advising clients to discuss options with an employee, with support made available through in-person appointments, phone, or email.

Appraisal Expertise

Appraisal services form an integral part of Lincoln Coin & Bullion’s offerings. The company uses advanced equipment to ensure accurate evaluations of precious metals. Technologies such as Thermo Scientific XRF Analyzers, Sigma testers with through-testing capability, and ultrasonic thickness gauges are among the tools employed for authenticity verification.

Ultrasonic thickness gauges use the differing sound speeds in metals to confirm the uniformity and authenticity of bullion products. Appraisal services extend to large collections and estates, with Lincoln Coin & Bullion offering comprehensive, secure, and confidential valuations, potentially facilitating partnerships with regional Nebraska auctions for numismatic items. These measures underscore Lincoln Coin & Bullion’s commitment to providing reliable and trustworthy services to its customers.

Selling and Buying Process

Lincoln Coin & Bullion strives for transparency and convenience in its buying and selling process. The company offers:

Customers can conduct transactions using various payment methods including cash, checks, debit or credit cards, and wire transfers, all while maintaining secure transactions. When selling to Lincoln Coin & Bullion, sellers can receive payment in forms such as cash, business check, cashier’s check, or wire transfer. These processes reflect the company’s commitment to providing an easy and secure experience for its customers.

Navigating Your Investment: Lincoln Coin & Bullion’s IRA Options

Though Lincoln Coin & Bullion does not directly offer IRA services, it does provide a range of IRA-eligible products and advises on Self-Directed IRAs. This allows customers to include precious metals in their retirement planning, providing a diversified investment option.

Gold IRAs, in particular, are a focus of investment opportunity at Lincoln Coin & Bullion, one of the gold ira companies offering eligible products for such investments, including gold ira options and precious metals iras.

Investment Products for IRAs

Lincoln Coin & Bullion offers a range of IRA-eligible products. Their gold products include options such as South African Krugerrands, American Gold Eagles, Canadian Gold Maple Leafs, British Gold Britannias, and American Gold Buffaloes. In addition to that, they provide 1 oz Royal Canadian Mint bars and 10 oz Gold Valcambi Suisse bullion bars specifically for gold IRAs. These options cater to different preferences and investment needs.

For silver IRAs, options include the American Silver Eagle, Australian Silver Kangaroo, Canadian Silver Maple Leaf, Austrian Silver Philharmonic, and British Silver Britannia. They also provide silver bars in various weights, from 1 kg to 1 oz, as well as face bags of 90% Silver Dimes, Quarters, and Half Dollars in assorted values.

For investors interested in palladium, the company offers American Palladium Eagles and various Palladium bars. They also provide IRA-eligible platinum products such as Austrian Platinum Philharmonics, Canadian Platinum Maple Leafs, Australian Platinum Kangaroos, and American Platinum Eagles.

Partnering with an IRA Custodian

While Lincoln Coin & Bullion does not maintain direct partnerships with any IRA custodians, they have experience working with them. Their clients have established Self-Directed IRA accounts with both local and online custodians such as Jones Bank, GoldStar Trust Co., and New Direction Trust Co.

Since mid-2022, there has been a rise in client interest regarding Self-Directed IRAs, and Lincoln Coin & Bullion offers advice on these investment options. This guidance enables clients to make informed decisions about their retirement investments.

Authenticity and Security Measures

In the realm of precious metals and collectibles, authenticity and security take center stage. Lincoln Coin & Bullion prioritizes these aspects, employing counterfeit detection technologies and ensuring secure transactions and privacy for clients.

Advanced equipment is used for accurate evaluations of precious metals, ensuring authenticity and security for clients. They also ensure that all business conducted with their clients is kept confidential, underscoring their commitment to customer privacy.

Counterfeit Detection Technologies

Cutting-edge counterfeit detection technologies used by Lincoln Coin & Bullion

Lincoln Coin & Bullion employs a range of technologies to ensure the authenticity of their products. Some of the high-tech tools used by the company for counterfeit detection include:

Ultrasonic thickness gauges take advantage of the differing sound speeds in metals to confirm the uniformity and authenticity of bullion products.

Furthermore, the effectiveness of Lincoln Coin & Bullion’s counterfeit detection methods is evidenced by an annually increasing collection of counterfeit items. The use of advanced authenticity verification equipment symbolizes the company’s commitment to ensuring the integrity of their products.

Secure Transactions and Privacy

Prioritizing secure transactions and customer privacy is a core principle at Lincoln Coin & Bullion. To this end, the company:

Customers can choose from various forms of payment, including:

All while maintaining secure transactions. These measures underscore Lincoln Coin & Bullion’s commitment to providing a secure and trustworthy service to its clients.

Lincoln Coin & Bullion’s Market Presence

Educational resources and guidance provided by Lincoln Coin & Bullion for clients

With a solid market presence, Lincoln Coin & Bullion offers educational resources, guidance, and both offline and online accessibility to its customers. The company is BBB Accredited with an A+ Rating, reflecting its strong reputation in the marketplace.

Furthermore, Lincoln Coin & Bullion is planning to update their website with new features such as interior and exterior photos, a daily market brief, and short videos of their testing equipment.

Educational Resources and Guidance

Education serves as a fundamental component of Lincoln Coin & Bullion’s service. The company offers the following educational resources:

This emphasis on education empowers customers and helps them make informed decisions about their investments.

Offline and Online Accessibility

Lincoln Coin & Bullion provides its services with both offline and online accessibility for its customers. The company ensures secure offline transactions through a locked-door policy with services offered by appointment only.

For online accessibility, Lincoln Coin & Bullion’s website is operational, and they are planning significant enhancements. Scheduled for late-2023, these updates will include interior and exterior photos, a Daily Market Brief, and click-and-buy functionality.

Summary

In conclusion, Lincoln Coin & Bullion stands out as a reputable dealer in precious metals and collectibles, offering comprehensive services, a diverse range of products, and a dedication to customer satisfaction. Their commitment to transparency, authenticity, and security has earned them a loyal customer base and a strong market presence. Whether you’re a first-time buyer, a seasoned collector, or an investor looking to diversify your portfolio, Lincoln Coin & Bullion offers the expertise, resources, and products to fulfill your needs.

Frequently Asked Questions

When was Lincoln Coin & Bullion founded?

Lincoln Coin & Bullion was founded in 2006.

What kind of products does Lincoln Coin & Bullion offer?

At Lincoln Coin & Bullion, you can find a variety of precious metals such as gold, silver, platinum, and palladium, along with collectible coins and historical currency. Consider exploring their diverse selection for your investment needs.

Does Lincoln Coin & Bullion provide direct IRA services?

No, Lincoln Coin & Bullion does not provide direct IRA services, but they do offer IRA-eligible products and guidance on Self-Directed IRAs.

What measures does Lincoln Coin & Bullion take to ensure authenticity and security?

Lincoln Coin & Bullion utilizes advanced counterfeit detection technologies and ensures secure transactions and privacy through measures such as a locked-door and appointment-only policy. This ensures the authenticity and security of their operations.

What educational resources does Lincoln Coin & Bullion provide?

At Lincoln Coin & Bullion, you can find comprehensive introductions to bullion-related topics and transparent pricing information on their website. This can be helpful for first-time purchasers.