Midwest Coin & Currency Review

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Last Updated on: 23rd September 2024, 09:48 pm

Midwest Coin
Midwest Coin - byJack Choros, April 1, 2011
3/ 5stars
on
Midwest Coin
Review Summary :

Although not much information is listed about the company's management on their official website, the Better Business bureau has the owner listed as Regina Commander. Further investigation via Google reveals that the company was founded by husband and wife Charles & Regina Commander.

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Pros:

  • A+ rating from the Better Business Bureau
  • No active complaints from the BCA or BBB
  • Sells a wide variety of precious metals assets and coin denominations

Cons:

  • No online ordering system
  • Not rated on Yelp, SiteJabber, or Trustlink
Quick Facts about Midwest Coin
Have you purchased products from Midwest Coin? Leave a review!
Thanks for the review, great job
I just came across this article today. Nicely written and yes being transparent is what customers ask for the most. I see in the sidebar, in a totally different conversation, big money questioning the strength of gold markets. What I would like to add to that is that people understand anymore that physical gold is way more secure in the long run. Profitability? With the sweep and go of 401K accounts every 5 to 8 years, I understand why. It’s not that money is invested into physical gold to make money or a “return.” What it is? It has become America’s new bank. At the end of the day, who has your attention, the man with his hand stretched out with a contract, or is it the guy holding on to several gold bars. In 2019, worldwide, our clients are using gold to protect wealth period. Key word is protect, remember why, because with wealth comes influence and some will not have that turn of events. Thanks for the review, great job. Charles Commander
February 10, 2019, 3:33 am

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Midwest Coin (http://www.midwestcoins.net/) is a coin and gun dealer with two locations in the Midwest. They specialize in buying and selling coins, guns, books, supplies, and other numismatic and collector's items.

Midwest Coin Ratings and Complaints

Below we've listed links to ratings, reviews, and reports about Midwest Coin from the most popular online business directories and rating bureaus:

  • 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)
  • Trustlink: Not Listed
  • Yellow Pages: 5 out of 5 stars (5 / 5) based on 1 review (Details)
  • Yelp: Not Rated (Details)

Despite having one complaint with the Better Business Bureau, they've only managed to secure a rating of C+.

Midwest Coin Prices and Products

Midwest Coin sells gold and silver bullion, guns, coins in a broad range of denominations and types, including half cents, large cents, pennies, two cents pieces, three cent pieces, half dimes, nickels, silver dimes, silver quarters, silver half dollars, commemorative coins, and proof & mint sets.

There are no mentions of precious metals IRAs on Midwest Coins' website, and they do not appear to recommend any particular IRA custodians. Thus, if you were to purchase gold from Midwest Coins with the intention of depositing it directly into an IRA, you'd first need to ensure that the products you're purchasing are IRA-eligible, and you'd also need to set up your own self-directed IRA with the custodian of your choice.

We recommend dealing with a reputable bullion dealer that works directly with one or more IRA custodians, in order to facilitate a hassle-free investment process while also ensuring low flat-rate annual fee.

Midwest Coin Contact Details

Midwest Coin Key Pages From Midwest Coin's Website

  • About Midwest Coins – An overview of what kind of items the company buys and sells.
  • Auctions – Discuss the advantages of auctioning with Midwest Coin.

Always Review the Competition Before You Buy

Investing in a self-direct precious metals IRA is a serious buying decision that should be preceded by extensive research and a thorough comparison of the leading bullion dealers and IRA custodians. While some bullion dealers will work directly with one or more preferred IRA custodians, some companies will only sell IRA-eligible metals and will not assist in the process of setting up a precious metals IRA. In such a case

We recommend dealing with a company that has an established partnership with a custodian that charges low annual storage/admin fees. Keep in mind that some custodians charge sliding scale fees, which increase along with the market value of the precious metals in your IRA. It is therefore preferable to ensure that you're dealing with a custodian that charge a low lat-rate annual fee.

Contact Us if You Own or Represent Midwest Coin

If you're an owner, representative, or associate of Midwest Coin and you've noticed any information within this review that is inaccurate or outdated, please do contact us with removal revision requests. We will honor any requests that are in line with our goal of giving readers the most helpful and accurate reviews possible.

Midwest Coin
Midwest Coin - byJack Choros, April 1, 2011
3/ 5stars
on
Midwest Coin
Review Summary :

Although not much information is listed about the company's management on their official website, the Better Business bureau has the owner listed as Regina Commander. Further investigation via Google reveals that the company was founded by husband and wife Charles & Regina Commander.

GET FREE KIT
Have you purchased products from Midwest Coin? Leave a review!
Thanks for the review, great job
I just came across this article today. Nicely written and yes being transparent is what customers ask for the most. I see in the sidebar, in a totally different conversation, big money questioning the strength of gold markets. What I would like to add to that is that people understand anymore that physical gold is way more secure in the long run. Profitability? With the sweep and go of 401K accounts every 5 to 8 years, I understand why. It’s not that money is invested into physical gold to make money or a “return.” What it is? It has become America’s new bank. At the end of the day, who has your attention, the man with his hand stretched out with a contract, or is it the guy holding on to several gold bars. In 2019, worldwide, our clients are using gold to protect wealth period. Key word is protect, remember why, because with wealth comes influence and some will not have that turn of events. Thanks for the review, great job. Charles Commander
February 10, 2019, 3:33 am

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Jack Choros
Jack Choros

Jack Choros is a content writer with a passion for content marketing, finance, and technology. He has extensive experience working for tech startups in the blockchain technology, cryptocurrency, and Web3 space.

Articles: 56

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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