Piedmont Rare Coins Review

Piedmont Rare Coins Review

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Piedmont Rare Coins is a family-owned and operated business serving the needs of collectors and investors with expertise in rare coins. We are the world's largest buyer and seller of United States Gold, Silver, Platinum & Palladium Coins.

With over 30 years of experience working exclusively in this industry, we have built an unsurpassed reputation for honesty and integrity. We do not offer financial advice or opinions about your coin values to avoid any conflict of interest. We will do everything possible to maximize your return on your investment, but we are not investment advisors.

  • Product Type: Precious Metals
  • Owner: W. Scott Standafer
  • Rating: 4.5/5

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Piedmont Rare Coins Review

Pros & Cons of Piedmont Rare Coins

PROS

Professionalism

We have clients all over the country and all over the globe. Our team of professionals, experts in their chosen fields, has a great rapport with one another and can offer our clients unparalleled service. We're always willing to work with our clients to help them find the coins they want at their desired prices.

Pricing

Regarding rare coins, our prices are consistently among the market's best. We will only buy from our customers when we can provide a fair price, and we will always inform them of any coins that might be better bought elsewhere.

Selection

As the world's largest buyer and seller of gold, silver, and platinum coins, we have many buyers looking for rare coins to invest in. We are always happy to purchase coins from other dealers' inventories, giving our customers access to a wide selection of rare coins.

Reputation

We have clients worldwide, and we pride ourselves on being an honest and reputable company. We work hard to ensure our coins are always in the best condition possible and that we provide our customers with complete documentation of their purchases.

Buying Gold & Silver Coins Online

You can easily buy rare gold in Piedmont Rare Coins by sending us your payment via Paypal or wire transfer.

Convenience

We provide our customers one-on-one attention, and we never rush our clients. We are happy to work with you to find the coins you want, whether through an auction or private sale.

Security

Security is a top priority when buying rare precious metals such as gold, silver, and platinum coins online. We use the latest technology and unique encryption software to ensure the safety of your valuable assets.

Research

With decades of experience in the rare coin market, we have become experts at predicting the prices of rare coins. We are always ready to provide you with our opinion about your coins' value and what other dealers think about a particular coin.

Service

We have a happy, friendly staff that is always willing to answer your questions, even if they're time-consuming! We are committed to ensuring our clients are 100% satisfied with their purchases and their experience shopping at Piedmont Rare Coins.

Accessibility

Whether in the US or overseas, we are always ready to offer you a wide selection of rare gold and silver coins. With over 30 years of experience in the industry, we can confidently offer our clients the chance to own and collect rare commodities such as American Eagles, Chinese Pandas, Morgan Dollars, and more. We buy from other dealers, so our clients will always have access to a wide selection of rare gold and silver coins.

CONS

High Prices

Piedmont Rare Coins does pay a lot for the coins it buys; however, its overhead expenses are much higher than what most coin dealers have. Piedmont rares pays fees to the bullion banks, fees to their former financial advisors, and 10% fees on their investment account. Their profits from customers and other dealers need to cover these fees.

Non-Transparent Business Practices

The company's practice of not keeping track of the selling price per ounce or gram and their refusal to disclose what they have acquired in gross is a matter of some controversy. Their decision to keep information regarding the items they buy and sell secret has led many to believe that Piedmont Rare Coins is hiding valuable information from its customers.

High Payments

Large profits are required to cover the company's high expenses, which puts pressure on its prices. When you buy Piedmont Rare Coins coins, you have no idea what your investment price will be or how it will be calculated until after the sale is completed. You also cannot demand to get what they bought at a lower price than they paid for it or receive payment by wire transfer.

No Refunds

Piedmont Rare Coins will refuse to return your money if you do not receive the coin you purchased with your payment. You are also entitled to no refunds if they send you a different coin than what they advertised. The company's policy is that it sticks to it once it makes a deal.

Final Verdict

Piedmont Rare Coins is a professional company that provides excellent service and benefits to any buyer. It pays fees to the bullion banks and a 10% premium on its investment account, but it also offers excellent prices for rare coins. The company's unconventional business practices have led to concerns about the security of your investment. However, your satisfaction is guaranteed when you make an order at Piedmont Rare Coins.

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