Rust Rare Coin Inc (http://rustgoldandsilver.com/) is a coin dealer that specializes in the sale of rare coins, commemorative, and foreign and U.S. Gold coins. The company was founded in 1966, is based in Salt Lake City, UT, and is considered to be the industry leader in Mormon and Utah-related coins which it sells via its sister site, www.mormonmoney.com. The business has been BBB-accredited since 1980 and has no complaints filed against it within the past 3 years.
About the Management
Rust Rare Coins was founded by Alvin E. Rust more than four and a half decades ago. Alvin is the author of the book Mormon and Utah coin and currency published in 1984. Today, Gayle Rust (Alvin's son) is listed as the company's President in their BBB profile.
Rust Rare Coin Ratings and Complaints
Below we've listed ratings and reviews from 10 of the internet's most trusted business directories and ratings bureaus:
- BBB Rating: A+ (Details)
- BBB Complaints: 0 complaints in the last 3 years (Details)
- BCA Rating: B (Details)
- BCA Complaints: 0 complaints in the last 3 years (Details)
- CitySearch: Not Rated (Details)
- Google+: (4.6 / 5) based on 34 reviews (Details)
- Ripoff Report: Not Listed
- SiteJabber: Not Rated (Details)
- Trustlink: Not Listed
- Yellow Pages: Not Rated (Details)
- Yelp: (3 / 5) based on 14 reviews (Details)
As you can see by the data above, Rust Rare Coin does not have a very diverse or busy internet reputation, but they have established ratings with two of the most reputable directories – Google+ and the Better Business Bureau, giving them a spot on our list of the top 70 Gold IRA companies. This company has no past lawsuits against it and has maintained a complaint-free record with the BBB. However, their Google+ reviews are fairly mixed and balanced, and their site lacks inclusion in half of the major directories.
Rust Rare Coin Prices and Products
Instead, you would have to sign up with your own custodian and inquire about whether you'd be able to purchase precious metals from Rust Rare Coin. Also keep in mind that only some of the company's coins are actually eligible to be deposited into an IRA (mostly their U.S. Gold coin collection).
Rust Rare Coin Contact Details
- Address: 252 E Broadway, Salt Lake City, UT 84111-2419
- Phone: (801) 363-4014
- Fax: (801) 364-0929
- Email: [email protected]
- Website: http://www.rustcoin.com/
Key Pages From Rust Rare Coin's Website
Here are some of the key pages from RustCoin.com:
- Intro to Bullion – Answers a list of questions related to purchasing, owning, storing, and investing in bullion.
Inventory- the company's complete catalog of rare coins, categorized by denomination.
- Contact Us – their site currently does not have an ‘About Us' page; instead, a brief overview of the company background and history is provided on the ‘Contact Us' page.
Comparing All Options Before Investing
Before you decide to purchase precious metals from a particular company in the process of setting up a Gold IRA, it would be advisable to first consider the competition and thoroughly examine the terms, conditions and annual fees that are associated with having a precious metals IRA with the prospective provider.
Some bullion companies have direct working relationships with top custodians to streamline the process of buying IRA-eligible precious metals and having them deposited into an IRA. Meanwhile, other companies simply provide bullion directly to the customer, with no IRA custodian partnership. In such cases, you (the buyer) would be responsible for choosing your own IRA custodian to set up an IRA with.
You can greatly simplify and reduce the cost of opening, funding, and maintaining an IRA by choosing a company that has built strong ties with the right custodian to provide direct delivery into your IRA, as well as low flat-rate annual fees instead of a sliding scale fees.
Contact Us if You Own or Represent Rust Rare Coin
If you're an owner, representative, or associate of Rust Rare Coin and you've noticed any information in this review that is inaccurate or outdated, please do contact us with your revision or removal requests. We will gladly remove or revise any content that is not based on fact.
Let Us Match You
Unsure about which Gold IRA company to choose? Let us match you based on your situation and objectives by taking this 1 minute quiz:
Rust Rare Coin Review Summary
Rust Rare Coins sells rare coins in a variety of denominations, including half cents, cents, nickels, dimes, two cents, three cents, twenty cents, half dimes, quarters, half dollars, and dollars. They also offer a wide selection of Mormon money, commemoratives, and U.S. Gold coins. In addition to their coins, they provide several other products and services, including U.S. and World paper money, early and rare Utah and Mormon notes, and coin appraisals. They list the live market spot price of precious metals on their site. There are no mentions of IRAs on RustCoin.com, so it appears that the company does not parter with IRA custodians to help their customers set up or stock IRAs.