We strongly recommend that you thoroughly research and contact a few gold IRA companies before seriously considering investing in gold and precious metals. There are so many horror stories, including fraud, from investors who simply picked a gold IRA company at random for their retirement. Please take your time and read through a few more reviews before you begin your rollover process.
Austin Rare Coins & Bullion is a coin and bullion dealer founded in 1989 and based in Austin,Texas. The 25-year old company is a member of the BBB Online Reliability Program, Numismatic Guaranty Corp (NGC), Industry Council for Tangible Assets (ICTA) as well as Professional Coin Grading Service (PCGS).
About the Management
There is little information provided about the management of the gold IRA company on their website.
However, the Better Business Bureau (BBB) listed their President and CEO as Ryan Denby. Running a Google search for his name brings up a blog post on AustinCoins.com that features a talk radio interview with Mr. Denby.
Ratings and Complaints
Listed below are ratings and profile links from top business directories online for Austin Rare Coins:
BBB Rating: A+ (Details)
BBB Complaints: 3 complaints in the last 3 years (Details)
BCA Rating: AAA (Details)
BCA Complaints: 0 complaints in the last 3 years (Details)
CitySearch: Not Rated (Details)
Google+: (3.6 / 5) based on 10 reviews (Details)
RipOff Report: Not Listed
SiteJabber: Not Listed
Trustlink: Not Rated (Details)
Yellow Pages: Not Rated (Details)
Yelp: (3.0 / 5) (Details)
Prices and Products
Austin Rare Coins offers a wide range of gold, silver, platinum and palladium bullion coins and bars as well as ancient and rare coins.
They also offer coin appraisal and grading services. They help their clients set up and stock precious metals IRAs through their affiliation with one of the top IRA custodians – Self Directed IRA Services (Horizon Bank).
Thus, the long-term cost associated with storing precious metals in an IRA set up and stocked through the gold IRA company are directly determined by the fee schedule of Self-Directed IRA. Self Directed IRA also offers access to a “Closed Loop IRA”, an online platform which lets you manage transactions easily with the company, your IRA custodian and a depository all within one centralized interface.
Compare All Options before Opening an IRA
Many bullion dealers out there will try rushing you into signing up for an IRA without properly letting you have knowledge about the types of fees and setup charges you will face when transacting with their partnered IRA custodians.
Also, there are other bullion dealers who don’t deal at all with IRA custodians directly, making it up with their client to decide on their own custodian but they will ensure that the coins or bars the clients are buying are eligible to be deposited into an IRA.
Most IRA custodians charge sliding scale fees which increase as the value of the account increases. Hence, another important factor to consider is the IRA custodian schedule fee that your prospective bullion dealer partners with.
The good news is that we have made things easier for you by providing an easy-to-read comparison chart for the Top Gold IRA Companies Reviews which you can utilize to conduct your own research from a convenient base.
Contact Us if You Own or Represent Austin Rare Coins
If you are a representative, associate or owner of the company and you notice any content of this review that is misguiding, untrue or outdated, please feel free to contact us with removal or revision requests. We aspire to give our readers the most accurate and up-to-date company reviews on an continual basis.