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- "A+" rating from the BBB
- Company president Pat Heller is a renowned expert in precious metals
- Competitive pricing
- Limited website functionality without full catalog displayed
- Unknown level of IRA support
Liberty Coin Service (http://www.libertycoinservice.com/) is a coin dealer that was founded in 1971 and is based in Lansing, Michigan. LCS is the largest precious metals and rare coin dealership in Michigan, conducting transactions with more than 100,000 customers annually. They've been a prominent buyer and seller of rare coins and precious metals in the Midwest for more than 3 decades. The business is operated by a 19-member staff and is a member of multiple numismatic and coin grading associations, including the ANACS, NGC, ICG, and PCGS.
About the Management
The company's President and Owner is Patrick A. Heller, a finance expert, coin professional, and Certified Public Accountant (CPA) with more than four decades of experience in the field of precious metals and rare coins. Patrick originally encountered Liberty Coin Service as a buyer in 1975, only 4 years after the business had started. According to his resume posted on LibertyCoinService.com, he decided to become part of owner of LCS in 1981 after seeing a hefty return on his investments with the company. He obtained full ownership of the company in 1995.
Liberty Coin Service Ratings and Complaints
Below we've listed Liberty Coin Service's ratings and reviews on the leading online business directories:
- BBB Rating: A+ (Details)
- BBB Complaints: 0 complaints in the last 3 years (Details)
- BCA Rating: Not Listed
- BCA Complaints: Not Listed
- CitySearch: Not Rated (Details)
- RipOff Report: Not Listed
- SiteJabber: Not Rated (Details)
- Trustlink: Not Listed
- Yellow Pages: (4 / 5) based on 3 reviews (Details)
- Yelp: (4 / 5) based on 6 reviews (Details)
Liberty Coin Service has a decently diverse web presence, with commendable star ratings on Yelp and YellowPages.com. They've also maintained a flawless track record and have upheld the highest-possible A+ rating with the Better Business Bureau.
Liberty Coin Service Contact Details
- Address: 300 Frandor Ave., Lansing, MI 48912
- Phone: 1-800-933-4720
- Local Phone: (517) 351-4720
- Fax: (517) 351-3466
- Website: www.libertycoinservice.com
Always Consider the Competition Before You Buy
Rushing into a precious metals purchase for your IRA is a mistake that could cost you hundreds of dollar per year in storage and administrative fees, as well as unnecessarily higher gold prices and shipping costs. Furthermore, there have been many cases of customers lodging complaints with the Better Business Bureau against some companies for problems with their products and services. Remember, not all bullion dealers are honest and reputable, In fact, many off the more aggressive advertisers will attempt to sell you gold coins that aren't even eligible to be deposited into an IRA. In the case of Liberty Coin Service, their company may offer IRA-eligible bullion, but they do not facilitate or endorse the process of setting up a Gold IRA, so you may want to look elsewhere if that is your goal.
In the precious metals IRA industry, it's a buyer beware market, so always make sure to conduct your own research and compare the best companies before making a buying decision.
Contact Us if You Own or Represent Liberty Coin Service
If you're an owner, associate, employee, or representative of Liberty Coins Service and you've noticed any information within this review that is outdated or inaccurate, please feel free to send us revision and removal requests. We will honor any requests that are based on fact and in line with our goal of giving our readers the most useful and honest company reviews possible.
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Liberty Coin Service Review Summary
LibertyCoinService.com does not show the company's full catalog – there is only a section for special offers. To see their full inventory, we assume you'd have to visit their storefront, call them, or email them with inventory questions. On their About Us page they do specify that they sell coins of all kinds from the last 2500 years, as well as tokens, paper money, autographs, military items, luxury watches, sterling silver flatware, and autographs. They do not promote or endorse gold IRAs in any fashion.