by | Mar 5, 2021 | Uncategorized

Last Updated: January 23, 2023

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Gainesville Coins Review
Gainesville Coins Review - by,April 1, 2011
3/ 5stars
on
Gainesville Coins Review
  • Global Rating
  • Our Global Rating (GR) is Math-Based. (Learn how it works)
    (3/5)
  • Good
Review Summary :

Gainesville Coins is a precious metals wholesaler located in Lutz, Florida. Established in 2000, the company also helps clientele self-directed IRAs. Although there are a wide range of products for both retirement savers and collectors, numerous IRA-approved coins of various weights in the catalog are “Out of Stock”. The company has a good selection of ancient coins for collectors. There are no available palladium coins or bars.

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Pros:

- Gainesville Coins has a large catalog of gold, silver, and platinum bullion products
- For collectors, the company offers a selection of ancient coins
- Gainesville Coins offers some of the most popular IRA-eligible gold, platinum, and silver coins

Cons:

- Many of the IRA-eligible products in various weights are labeled "Out of Stock" on the website
- The company does not offer palladium products at this time.
Quick Facts about Gainesville Coins Review
Year Founded:2000
Company Headquarters: Lutz, Florida
Annual Fees:Variable
Supports 401(k)?:No
Supports Roth IRA?:No
Crypto Offered?:No
Assets Offered:Gold, Silver, Platinum
Offers Other Assets?:Copper
Custodian:Advanta IRA
Current Promotion:N/A
Supports Home Storage?:Yes, for collectible products
International Storage?:N/A
Segregated Storage?:Yes
Preferred Storage Location:N/A
Preferred Storage Vault:N/A
Reviewed By::Sarah Bauder
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Company Info & Background

Gainesville Coins (www.gainesvillecoins.com) is a precious metals investment firm that was founded in 2000. Headquartered in Lutz, Florida, the company also helps customers hold precious metals in a retirement account by helping establish self-directed IRAs.

There are an array of products in the company’s catalog, including IRA-eligible bullion. For collectors, Gainesville Coins even offers a selection of ancient coins. For retirement savers, many of the most popular IRA-eligible coins and bars in various weight options are part of the inventory. 

In addition, to keep clients educated and informed apropos of precious metals investment, the website contains a “News & Blog” section. Gainesville Coins also provides a Coin Library that it describes as “the most complete and comprehensive listing of U.S. coin prices available for collectors.

 

Gainesville Coins Management Team

Gainesville Coins is not transparent about its leadership team. However, LinkedIn states that Michael Yaffe is the president and founder.

 

Gainesville Coins Custodians and Storage

The Gainesville Coins website does not indicate which vault storage firm it has partnered with. Pertaining to secure storage, the company states follows:

“Gainesville Coins storage uses fully segregated storage, meaning that different clients’ assets are not pooled together. When you store your metals in our vault, those are the exact items you receive when you take delivery of your metals.

Your stored assets are fully liquid in the event that you would rather sell them to us than take delivery when the time comes. These funds can be mailed to you as a business check, sent to you via wire transfer, or held in an account toward future purchases. Everything stored in our vault is also backed by comprehensive insurance for the full replacement value of the items.”

Gainesville Coins has partnered with IRA custodian, Advanta IRA.

 

Gainesville Coins Products

The catalog of Gainesville Coins products is large, particularly the options for gold and silver products. Yet, many of the popular IRA-eligible coins in different size options are marked “Out of Stock”. Although, the company does offer customers the chance to utilize an “In Stock Alert”, once the item is again part of the available inventory. IRA-eligible coins include the Gold Austrian Philharmonic,  the American Gold Buffalo, American Gold Eagle, the Canadian Silver Maple Leaf, the Silver American Eagle, and the Canadian Platinum Maple Leaf. There is also a selection of IRA-approved gold and silver bars from various mints.

View more Gainesville Coins products here.

 

Gainesville Coins Precious Metals IRA Info

CompanyGainesville Coins
Annual CostVariable
Scaled or Flat Fees?Flat Fees
Partnered Storage VaultN/A
Partnered CustodianAdvanta IRA
Metals AvailableGold , Platinum, and Silver
Years in Business21 years (2000)

 

Gainesville Coins Reviews, Ratings, and Complaints

Below we offer a diverse selection of reviews, ratings, and complaints pertaining to Gainesville Coins from trusted consumer reporting and rating agencies sites. Simply click on the links provided to study the reviews in greater detail.

BBB Rating: A+ (Details)

BBB Complaints: 12 complaints closed in last 3 years (Details)

BCA Rating: N/A

BCA Complaints: N/A

Yellow Pages: Profile (Details)

Trustpilot: Profile (Details)

Trustlink: Profile (Details) 

RipOff Report: 0 Reports

Sitejabber: (4 out of 5) based on 12 reviews (Details)

Yelp: Profile (Details)

Facebook: Profile (Details

 

Gainesville Coins Contact Information

  • Phone: (813) 482-9300
  • Address: 17860 N. US Hwy 41, Lutz, FL 33549
  • E-mail: sales@gainesvillecoins.com

 

Gainesville Coins Review
Gainesville Coins Review - by,April 1, 2011
3/ 5stars
on
Gainesville Coins Review
  • Global Rating
  • Our Global Rating (GR) is Math-Based. (Learn how it works)
    (3/5)
  • Good
Review Summary :

Gainesville Coins is a precious metals wholesaler located in Lutz, Florida. Established in 2000, the company also helps clientele self-directed IRAs. Although there are a wide range of products for both retirement savers and collectors, numerous IRA-approved coins of various weights in the catalog are “Out of Stock”. The company has a good selection of ancient coins for collectors. There are no available palladium coins or bars.

Get Info Kit Now
Have you purchased products from Gainesville Coins Review? Leave a review!

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Sarah Bauder

Sarah Bauder is a financial writer with over a decade of experience at numerous online publications, writing about alternative investments, retirement, US politics, world economy and more.