Important Notice!
We DO NO LONGER recommend this company! American Coin Co was prior called Red Rock Secured and was involved in a lawsuit. The case, initiated in 2023, uncovered a fraudulent scheme targeting retirement account holders, resulting in losses exceeding $50 million. Through deceptive tactics, the defendants convinced investors to shift their retirement savings into gold and silver coins, promising minimal markups.
To ensure you work with a reputable precious metals company, we have carefully researched and ranked the top 8 precious metals IRA providers for 2024.
Best ROI Gold IRA American Coin Co.
4.89/5
- Stress-free and easy gold IRA set up
- No lifetime custodial or management fees
- Price protection plan guarantee
- 100% free shipping and insurance
- Up to $25,000 in FREE Silver
American Coin Co. (ACC) is a company that we highly recommend for physical precious metals investors. They stand out as a precious metals IRA manager as well as a bullion vendor, and we’ll go into more detail about their unique promotions and offerings.
Let’s start with a brief synopsis of our evaluation in case you don’t want to read the entire American Coin Co. review:
American Coin Co. Review: Summary
American Coin Co is a leading player in the gold IRA industry. They offer secure, discrete, fully insured shipping and a unique feature of zero out-of-pocket fees for establishing and funding your account with a trusted custodian. 90% of clients qualify for American Coin Co to cover administration and storage for a minimum of one to 10 years, and many qualify for no fees for life.
Moreover, their price protection plan guarantees coverage for any decline in gold or silver prices within seven days of your purchase, with the difference being compensated in more precious metals on eligible accounts.
American Coin Co. Promotions
- Up to $25,000 in FREE silver promotion (for qualifying accounts)
- No fees for life (up to 90% of accounts qualify)
- Price protection plan
American Coin Co.
601 W 1st Ave. Suite 1400, Spokane, WA 99201 www.americancoinco.com
Products Available:
- Bullion Bars
- Premium Precious Metals
- Self-Directed IRA
American Coin Co. Reviews And Complaints
American Coin Co. is an upcoming player in the Precious Metals IRA niche. At present, the company has not accumulated any customer reviews or ratings. We will keep a close eye on prominent online watchdog sites and update this review with customer reviews and ratings as the company expands.
Additionally, it’s worth noting that there are currently no complaints to be found online, which speaks positively about the company.
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Pros And Cons Of American Coin Co.
Pros
- Price protection plan within seven days of purchase
- IRA-eligible bullion in all four precious metals categories
- Up to $25,000 in FREE silver promotion (for qualifying accounts)
- Zero management fees for any account services
- No custodial and management fees for up to 10 years
- Thrift Savings Plans (TSP) available
- Offer free virtual educational webinars, plus one on one consult with gold IRA educators
- Though they say IRAs are only half of their business, their attention toward retirement investors is clear
Cons
- Limited information on their website
- Can’t sign up for a gold IRA account online
With that quick overview, let’s take a closer look at the company’s history.
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Company Background
American Coin Co. is a reputable precious metals investment firm specializing in gold and silver IRAs. Its mission is to help Americans enjoy a worry-free retirement and leave a legacy for their loved ones. The company is dedicated to assisting clients in protecting, controlling, and growing their wealth through the use of precious metals.
Moreover, American Coin Co. supports the K9s for Warriors program and takes pride in its customer-centric approach. The team provides educational resources, ensuring clients make informed purchases and receive long-term support and security.
American Coin Co. Leadership
Brett Bultje serves as the Vice President of Sales at American Coin Co. As an expert in the field, Brett provides valuable informational webinars to investors on a weekly basis. With over a decade of experience, his dedication lies in guiding Americans toward wise investments in gold and silver.
Alongside his commitment to process improvement and his Six Sigma White Belt training, Brett is focused on establishing a compliant culture within the firm.
Prior to his career in finance, Brett excelled as an athlete, becoming a Colorado 3A State Champion and a two-time collegiate Track & Field National Champion. Additionally, he has completed the LA Marathon three times.
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Never-Zero Policy Protection
When designating a precious metals price-protection program, the phrase “Never Zero” is almost superfluous. Precious metals can only ever lose so much, and because they should only be evaluated in the long term, most losses are only considered temporary.
American Coin Co. still puts in place a special deal for people worried about their losses when investing in precious metals. Although the specifics are unclear, the business informs us that up to 90% of its customers are eligible for the price protection plan, which is valid for a week.
Simple enough: if you are eligible for the price protection plan, American Coin Co. will cover any losses you incurred during your first week of non-cusip gold investment.If you’re not familiar, non-cusip gold generally refers to gold that is less or not traceable than other kinds, which is why many investors prefer it.
Although some people might prefer to be paid in cash, since you’ve previously invested in precious metals, gold should work just as well. You might be shocked by how much gold you could wind up acquiring from this protection over the course of the week, as the metal has a history of appreciating anywhere from 10% to 20% in that time frame.
For example, if you purchase $100,000 in precious metals and the market drops 10% the next day, American Coin Co. will compensate you $10,000 in additional metals to cover the loss. *Applies only to non-CUSIP transactions.
To be sure, it can amount to quite a bit of gold, and it’s a promotion, unlike anything we’ve seen in any other company.
Client Educational Approach
American Coin Co.’s website clearly demonstrates a commitment to client education. For instance, they provide ample information on non-cusip gold, a topic that many competitors overlook. Additionally, their website features numerous informative articles on a variety of subjects.
Furthermore, it’s worth noting that American Coin Co. offers a “white glove service” for customers with an investment minimum exceeding $100,000. This personalized approach to education goes above and beyond their already exceptional offerings.
How To Start A Precious Metals IRA With ACC
When it comes to starting a gold & silver IRA, the process is made smooth by most precious metals companies in this industry, including American Coin Co.
To begin, you have two options: you can request their Free Gold & Silver Guide or get in touch with American Coin Co. directly to speak with one of their representatives over the phone.
The application requires basic information such as your name, address, phone number, and email address. Once your application is received, a representative from the company will reach out to you for a complimentary consultation. During this consultation, they will discuss whether investing in gold or precious metals aligns with your future goals. Your representative will guide you through American Coin Co’s three-step investment process.
After your account is open, you can use the funds from one or more liquidated employer-sponsored plans and existing IRAs to buy the physical precious metals of your choice. The metals will be shipped to the depository you select, and your new retirement account will be ready to go.
From there, you have the freedom to treat your IRA as you would any employer-sponsored plan or portfolio. Whether you prefer a hands-off approach or like staying updated regularly, American Coin Co. caters to investors of all types.
Additionally, you can expect dedicated customer support for as long as your account remains open with the company.
Gold IRA Setup Process
- Step 1: First, request the Free Gold & Silver Guide and learn about gold and silver investments in an IRA
- Step 2: Second, a precious metals specialist at ACC will call you for a free one-on-one consultation. You’ll speak with a representative to learn about precious metals investing and if it’s the right fit for you
- Step 3: Third, you’ll transfer assets. In this step, you’ll choose an IRA custodian to oversee your retirement savings account. Most retirement investors choose to create a gold IRA rollover. The representative establishes a tax-free and penalty-free transfer from your bank.
- Step 4: Then, you convert your investments. Once you have chosen an IRA custodian, you choose the precious metals for your investment. ACC takes care of converting your transferred assets into gold and silver coins or bars
- Step 5: Lastly, ship your precious metals. ACC transports your investment to a secure storage facility insured by Lloyd’s of London. Or, to your home, if you choose a home storage gold IRA (which we do have some question marks about)
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Precious Metals IRA Storage And Home Delivery
You should store your precious metals in a third-party depository in accordance with government regulations if you’re starting a precious metals IRA.
Brink’s and the Delaware Depository are just a couple of the depositories that American Coin Co. works with, but they’re willing to deal with any other approved facility of your choice. Many precious metals investors want to buy their gold as close to their homes as possible, so having the option of selecting a nearby state is fantastic.
As previously noted, American Coin Co. will arrange for free and insured delivery of your chosen precious metals to your home address if you choose to purchase them outside of an IRA. Delivery times can obviously vary, however the company does indicate that they prioritize quick shipping, thus it shouldn’t take the actual precious metals much longer than a week to arrive.
American Coin Co. is perhaps the only reputable company we’ve come across that also offers a home storage gold IRA. This is a very difficult endeavor that you almost certainly won’t qualify for, so it’s barely worth mentioning. However, a brief mention of them facilitating it through a reputable custodian to those who do qualify is still warranted.
Custodian
American Coin Co. lists Equity Trust as their preferred custodian, along with mentioning Kingdom Trust as being the firm that facilitates the home storage gold IRAs opened through them.
Similar to depositories, they make it clear that, if a customer prefers not to use Equity Trust, they are willing to work with other custodians to locate one that meets their needs. However, in general, it’s one of the biggest custodian companies, making it a decent option for the majority.
Annual Fees And Investment Minimums
Here’s what you can roughly expect in terms of fees and investment minimums when doing business with American Coin Co:
- Annual Fees: $0
- Additionally, every transaction made through ACC includes 100% coverage of shipping and insurance costs
- When you establish and fund your account with a trusted custodian, there are no out-of-pocket fees
- While the markup on products isn’t clearly outlined, ACC says they are committed to no hidden fees or markups
- Furthermore, qualifying clients may have their administration and storage covered by American Coin Co. for a minimum of one to 10 years. Take advantage of our ‘No fees for life’ promotion available on qualifying purchases
Investment Minimums Gold IRA
$10,000 investment minimum for gold & silver IRAs
Investment Minimums Cash Deals
$2,500 investment minimum when buying bullion outside of an IRA
Transaction Time
In addition, cash transactions can take as little as 24 hours from contacting American Coin Co. to receiving the shipped metals.
The timing of IRA or 401(k) transfers and rollovers varies depending on your financial institution, but the processing paperwork typically takes about 15 to 30 minutes.
American Coin Co. Precious Metals
American Coin Co. takes a fairly straightforward approach to the product listing, providing a list of everything that is offered under the two categories of Bullion and Premium on a single page.
While some people might be disappointed that there aren’t any particular product pages, others might prefer this type of listing versus having to visit individual pages. In any case, the inventory is robust and will have something for both those who are interested in standard bullion and those who want something a little more unique.
Here’s what’s listed in each of the categories:
Premium Precious Metals
- 1/2-oz Silver Canadian Red-Tailed Hawk
- 1/10-oz Gold Canadian Red-Tailed Hawk
- 1-oz Gold American Eagle Proof
- 1/2-oz Gold American Eagle Proof
- 1/4-oz Gold American Eagle Proof
- 1/10-oz Gold American Eagle Proof
- Gold American Eagle 4-pc Set
- Gold American Eagle 2-pc Set
- 1/4-oz Gold Rose Crown Guinea
- 1-oz Silver American Eagle Proof
- 1.5-oz Silver Canadian Arctic Fox
- 1.5-oz Silver Canadian Polar Bear
- 1.5-oz Silver Canadian Polar Bear & Cub
- 1.25-oz Silver Canadian Rose Crown Guinea
- 1.5-oz Silver Canadian Grizzly Bear
- 1/4-oz Gold Canadian Arctic Fox
- 1-oz Platinum American Eagle Proof
- 1/4-oz Gold Canadian Polar Bear & Cub
- 5-oz Silver America the Beautiful
- 1/4-oz Gold Canadian Gyrfalcon
- Gold British Queens Beast 0.25-oz
- White Greyhound 2021 1/4-oz
- Gold Canadian Red-Tailed Hawk 1-oz
- Gold American Buffalo Proof – Current Year
- Franklin Half Dollar Circulated
- 1964 JFK Half Dollar BU
- 1964 JFK Half Dollar Circulated
- Silver Mercury Dime Circulated
- Silver Walking Liberty Half Dollar Circulated
- Silver Peace $1 – Circulated
- Silver Peace $1 – BU
- Silver 90% Junk by Face Value
Bullion
- 1-oz Silver American Eagle
- 1-oz Gold American Buffalo
- 1-oz Gold American Eagle
- 1-oz Gold Bar
- 1-oz Gold Canadian Maple Leaf
- 1-oz Gold South African Krugerrand
- 1-oz Silver Bar
- 10-oz Silver Bar
- 100-Gram Silver Valcambi Bar
- 1-oz Silver Round
- 10-Gram Gold Bar
- 1-oz Silver Canadian Maple Leaf
- 10-oz Gold Bar
- Gold Bar 1-Kilo
- Gold Bar 50-gram Valcambi CombiBar
- Platinum Bar 1-oz
- Platinum American Eagle 1-oz
- Platinum Canadian Maple Leaf 1-oz
- Silver Bar 100-oz
- Palladium Bar 1-oz
- 1-oz Silver South African Krugerrand
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Verdict: Is American Coin Co. A Legit Gold Dealer?
Our verdict of this American Coin Co. review is that there is nothing to indicate that you’ll regret doing business with ACC, and plenty to suggest that they’re a standout choice for long-term management of a precious metals IRA.
American Coin Co. has a solid reputation for customer service, education, and free shipping on all metals.
Additionally, their minimum purchase requirements are reasonable, making them a standout option among competitors.
Their seniority guarantees sustained quality service for your IRA. As a legitimate and reputable precious metals investment firm, American Coin Co. caters to a diverse range of investors.
If you’re ready to take action, >>>request the Free Gold, Silver & Guide.
American Coin Co. FAQ's
Lastly, here’s a summary of our American Coin Co. review in an easy FAQ format.
Where Is American Coin Co’s Headquarters?
American Coin Co is headquartered in Washington, DC. From there, it serves customers from all 50 states regardless of whether they want to open a ACC account or simply purchase bullion from a reputable dealer.
How Does American Coin Co. Store My Gold?
American Coin Co. uses a reputable third-party depository, such as Brink’s or the Delaware Depository, to store gold in nearly all of the precious metals IRAs they manage. They can use another approved depository of your choosing, should you so desire it. In the rare cases where it’s possible, ACC can also facilitate a home storage IRA, though this is only really doable by those who already have some kind of custodial firm.
How Long Does The American Coin Co. Gold Buying Process Take?
Buying bullion outside of an IRA is generally completed in a day, with the metals being shipped to you 24 hours from the time you completed the order through a call. Precious metals IRAs opening windows are a bit trickier to pinpoint. You could have all the paperwork ready and have the IRA up and running in an hour, or it could take a week or even longer for the custodian to ensure there aren’t any oversights.
What Metals Can I Get From American Coin Co?
Gold, silver, platinum, and palladium are all a native part of ACC’s inventory. There are plenty of interesting products on offer in each of the four categories, and you should find something to your liking regardless of how picky you are when it comes to your physical precious metals.
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American Coin Co. Alternatives
If you want to further research and compare companies before deciding what gold IRA provider to choose, we have reviewed and rated the best Gold IRA companies of 2024.