Gaithersburg Coin Exchange is a coin dealer that has been locally operating for more than 40 years in Gaithersburg, Maryland. The company is on the short list of businesses that are officially recommended by the U.S. Mint. They've been featured in industry publications such as CoinWorld and Numismatic News, and they're members of the Paper Money Guaranty (PMG) and Numismatic Guaranty Corporation (NGC), both of which are considered to be the industry standard for professional coin grading.
Gaithersburg Coin Exchange (http://www.gaithersburgcoin.com/) is a coin dealer that has been locally operating for more than 40 years in Gaithersburg, Maryland. The company is on the short list of businesses that are officially recommended by the U.S. Mint. They've been featured in industry publications such as CoinWorld and Numismatic News, and they're members of the Paper Money Guaranty (PMG) and Numismatic Guaranty Corporation (NGC), both of which are considered to be the industry standard for professional coin grading.
Not much information is listed online about the identity and experience of the staff or management at Gaithersburg Coin Exchange. However, the Better Business Bureau has their Principal Contact listed as Mrs. Carlson. According to several sites, the owner's name is Robert (Bob) Carlson. Bob was featured in a story published in the Maryland Newsline just 6 days after September 11th, 2001.
The following are some of the most important ratings and reviews about Gaithersburg Coin Exchange from some of the web's most authoritative business directories:
According to their ‘About Us' page, they offer a variety of gold, silver, platinum, and palladium bullion. However, upon navigating through their website, they only have a section for silver bullion listed online; there are no sections for gold, platinum, or palladium bullion. They also have a ‘Coins & Currency' section that contains ‘U.S. Silver Dollars' and ‘Certified Coins', which includes NGC, PCI, and ICG-certified coins in a variety of denominations.
Based on a quick assessment of their catalog it appears that they are moreso a dealer of silver coins at the moment (at least through their online storefront). There are no mentions of IRAs on their site, and they do not offer or recommend any storage or custodian services. Investors should always check if the coins they're buying are eligible to be deposited into an IRA – in the case of Gaithersburg, some of the coins listed in their catalog are not IRA-eligible.
Purchasing precious metals for an IRA is not a decision that should be taken lightly. After all, you'll be investing a portion of your retirement nest egg. Most financial experts and advisors recommend allocating a small fraction (5%-10%) of your retirement savings towards precious metals like gold and silver to safegaurd against inflation and dollar devaluation. While 5%-10% seems to be a small fraction of your portfolio, it could wind up being the only investment that retains and increases in value if another serious recession occurs, which is why it's so important to thoroughly research precious metals investments beforehand.
If you're an owner, representative, or associate of Gaithersburg Coin Exchange, and you've noticed information within this review that is incorrect, misleading, inaccurate, or outdated, we welcome you to contact us with revision requests. Likewise, if you're just a visitor who is not affiliated with Gaithersburg Coin Exchange, you're still welcome to bring to our attention any issues that need to be corrected. For the sake of our reader's, we strive to provide the most up-to-date and accurate company reviews on an ongoing basis.
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Gaithersburg Coin Exchange is a coin dealer that has been locally operating for more than 40 years in Gaithersburg, Maryland. The company is on the short list of businesses that are officially recommended by the U.S. Mint. They've been featured in industry publications such as CoinWorld and Numismatic News, and they're members of the Paper Money Guaranty (PMG) and Numismatic Guaranty Corporation (NGC), both of which are considered to be the industry standard for professional coin grading.
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