Liberty Coin Service Review

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Last Updated on: 9th May 2023, 04:11 pm

Liberty Coin Service
Liberty Coin Service - bySarah Bauder, April 1, 2011
3/ 5stars
on
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.

Pros:

  • "A+" rating from the BBB
  • Company president Pat Heller is a renowned expert in precious metals
  • Competitive pricing

Cons:

  • Limited website functionality without full catalog displayed
  • Unknown level of IRA support
Quick Facts about Liberty Coin Service
Year Founded:1971
Company Headquarters:Lansing, Michigan
Annual Fees:Variable
Supports 401(k)?:No
Supports Roth IRA?:No
Crypto Offered?:No
Assets Offered:Gold, Silver, Platinum
Offers Other Assets?:No
Custodian:N/A
Current Promotion:N/A
Supports Home Storage?:Yes, for collectible products
International Storage?:N/A
Segregated Storage?:N/A
Preferred Storage Location:N/A
Preferred Storage Vault:N/A
Reviewed By:Sarah Bauder
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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 operatedby 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)
  • CitySearch: Not Rated (Details)
  • RipOff Report: Not Listed
  • SiteJabber: Not Rated (Details)
  • Yellow Pages: 4 out of 5 stars (4 / 5) based on 3 reviews (Details)
  • Yelp: 4 out of 5 stars (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.

Liberty Coin Service
Liberty Coin Service - bySarah Bauder, April 1, 2011
3/ 5stars
on
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.

Have you purchased products from Liberty Coin Service? Leave a review!

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Sarah Bauder
Sarah Bauder

Sarah Bauder has a decade of experience at numerous publications, writing about finance, politics, economy and more.

Articles: 114

FTC Disclosure: We are an independent blog that aims at providing useful information for retirement account owners interested in alternative assets like precious metals. However, our content does NOT constitute financial advice. Please speak to your financial advisor before making any investment decision. Also, the data quoted on this website represents past performance and does not guarantee future results.

 

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