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In the realm of precious metals, Lincoln Coin and Bullion stands out as a reputable name, known for its combination of high-quality products and outstanding customer service.
Dive into this detailed review to explore their journey, services, and dedication to transparency, and find out why they are a standout in the ever-evolving world of precious metal investments.
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Company Overview
Lincoln Coin and Bullion, established in 2006, has grown into a full-scale Precious Metal Bullion Dealer, serving a diverse clientele interested in purchasing and selling gold, silver, platinum, and palladium bullion. Their approach is not just about selling precious metals; it's about offering a tailored, informative, and educational experience.
This local, family-run business in Lincoln, Nebraska, caters to transactions of all sizes, from a few hundred dollars to seven-figure deals. They specialize in both precious metals and numismatics (historic currency), understanding that clients often have interests in both areas.
The company's commitment to privacy and security is evident in its locked-door, appointment-only policy, ensuring a discreet and secure environment for transactions. Their inventory is concise and carefully selected, focusing on quality over quantity. Lincoln Coin and Bullion stands out for its transparent and informative approach, ensuring clients understand the mechanics of their purchases and the market dynamics.
History and Background
Since its inception, Lincoln Coin and Bullion has been instrumental in shaping the precious metals market in Nebraska. They played a key role in the passage of the sales tax exemption on bullion, coins, and paper money in Nebraska in 2014, making it the 31st state with such an exemption.
This achievement not only demonstrates their commitment to the industry but also their influence in legislative matters, benefiting investors and collectors alike. The company's journey reflects a deep understanding of market trends and customer needs, adapting and expanding its services accordingly.
Their expertise is not limited to just trading; they offer comprehensive services including appraisals for large collections and estates, both in bullion and historic currency. This breadth of services, combined with their active role in industry advocacy, highlights their comprehensive understanding of the precious metals market.
Services Offered
Drawing from our experience, we can say that Lincoln Coin and Bullion's services are multifaceted, catering to both investors and collectors. Their investment consultation services are designed to guide clients through the complexities of precious metal investments.
They provide insights into market trends, helping clients make informed decisions that align with their financial goals. In terms of purchasing guidance, the company excels in offering a transparent and smooth process. They assist clients in selecting the right products, ensuring a hassle-free experience.
For portfolio management, Lincoln Coin and Bullion offers services that cater to a wide range of investors, from beginners to seasoned ones. They understand the nuances of portfolio diversification and risk management, providing tailored advice to optimize investment returns.
Their approach to bullion sales is unique. They maintain a healthy inventory on hand, with the idea that clients can walk in, view, and purchase items directly, avoiding the need for shipments. This see-before-you-buy approach is particularly appealing to those who prefer a tangible understanding of their investments.
For clients interested in self-directed IRAs, the majority of their bullion is IRA-eligible, and they offer guidance on how these IRAs work, including partnerships with financial institutions for seamless transactions. They also provide complimentary shipping for purchases over $1,000, with a flat rate for smaller orders, ensuring affordability and convenience.
In terms of payment options, Lincoln Coin and Bullion accepts various methods, including cash, check, debit and credit cards (with a nominal fee), and wire transfers. This flexibility ensures that transactions can be tailored to individual client needs.
For those looking to sell bullion, the company offers competitive quotes over the phone, with payment options including cash, business check, cashier's check, or wire transfer. Their appraisal services for large collections and estates are comprehensive, offering both quotes and detailed evaluations, with the first half-hour offered free of charge.
Lincoln Coin and Bullion's approach to historic currency and numismatic items is equally thoughtful. Our findings show that they sell only a minimal amount at their location to maintain privacy and security. Bulk items are sold separately, while non-bulk historic items are channeled into regional Nebraska auctions, leveraging a long-standing partnership with an auction house. This strategy ensures that collectors have access to a diverse range of items while maintaining the integrity and security of the transactions.
Products Offered
At Lincoln Coin and Bullion, the product range is not just diverse; it's meticulously curated to meet the varying needs of investors and collectors. Their offerings are a testament to their commitment to quality and customer satisfaction.
Gold
The gold selection at Lincoln Coin and Bullion is particularly noteworthy. They offer a wide array of gold bars and coins, catering to both the seasoned investor and the novice. The gold bars come in various sizes, making them suitable for different investment scales.
Whether you're looking to make a substantial investment in gold or just starting out, their range has something for everyone. The gold coins are not only an investment but also a collector's delight, featuring intricate designs and historical significance.
Silver
Silver products at Lincoln Coin and Bullion are equally impressive. Their inventory includes both bullion and collectible items, appealing to a broad spectrum of customers.
The silver bullion is ideal for those looking to invest in a more affordable precious metal, while the collectible silver items are perfect for enthusiasts who appreciate the artistic and historical value of their investments. The variety in their silver offerings ensures that there's something for every type of silver investor or collector.
Platinum and Palladium
For those looking to diversify their investment portfolio, Lincoln Coin and Bullion offers an excellent selection of platinum and palladium products. These metals are becoming increasingly popular among investors due to their rarity and industrial demand. The company provides various options in both platinum and palladium, allowing investors to explore these less traditional but highly valuable precious metals.
Numismatic and Collectible Coins
The range of rare and collectible coins at Lincoln Coin and Bullion is particularly impressive. These coins are not just pieces of metal; they are pieces of history. Each coin tells a story, making them highly sought after by collectors.
The numismatic coins come in various denominations, ages, and origins, providing a wide range for collectors to choose from. Whether you're a seasoned numismatist or new to coin collecting, their collection is bound to captivate your interest.
Storage and Security
Lincoln Coin and Bullion understands that the security of your investments is paramount. As indicated by our tests, they offer a private and secure environment for transactions, ensuring that your dealings in precious metals are discreet and protected. Their approach to security is multi-faceted, involving both physical and procedural elements.
The company operates on an appointment-only basis, which not only ensures individual attention but also enhances security by minimizing foot traffic and maintaining privacy.
They employ advanced testing equipment, including the latest Sigma Tester, Ultrasonic Testers, and an XRF machine, to verify the authenticity of the metals. This commitment to security is not just about protecting the physical assets but also about providing peace of mind to investors, knowing that their investments are in safe hands.
Fees and Charges
When it comes to fees, Lincoln Coin and Bullion stands out for its transparency and honesty. They believe in informing customers upfront about how they get paid and the costs involved in their transactions. This approach is evident in their clear communication regarding the premiums on their products and the straightforward listing of quantities and prices on their website.
They also offer complimentary shipping for purchases over $1,000, while maintaining a flat shipping rate for smaller orders. For payments, they accept various methods, including cash, check, and wire transfers, with additional fees applicable for debit and credit card transactions. This level of transparency in fees and charges not only builds trust but also helps customers make informed decisions without worrying about hidden costs or surprises.
Customer Service and Support
The customer service at Lincoln Coin and Bullion truly sets them apart. Our interactions with their team have consistently shown them to be responsive, knowledgeable, and genuinely committed to helping clients.
They take the time to educate and inform customers, especially those new to precious metal investments. This educational approach is reflected in their willingness to set aside ample time to discuss and review the mechanics of a purchase, whether over the phone or in person.
Their commitment to customer service extends beyond just making a sale; it's about building a relationship and ensuring that each client feels confident and well-informed. This level of customer support, combined with their expertise in the field, makes the experience with Lincoln Coin and Bullion not just transactional but educational and reassuring.
User Experience and Website Navigation
Exploring Lincoln Coin and Bullion's website, it's clear that they prioritize user-friendliness and accessibility. The site's layout is straightforward, making it easy for visitors to find what they're looking for without unnecessary complexity.
Key sections like products, FAQs, and contact information are just a click away, ensuring a smooth browsing experience. The website also features a live spot prices section, providing real-time updates on precious metal prices, which is a valuable resource for investors.
This feature demonstrates their commitment to keeping clients informed and up-to-date. Additionally, the site includes a suggestion box, inviting feedback and showing its openness to customer input. This interactive element not only enhances user engagement but also reflects the company's dedication to continuous improvement based on customer feedback.
Market Reputation and Customer Feedback
Lincoln Coin and Bullion's market reputation is solidly built on customer trust and satisfaction. Their approach to business is transparent and customer-focused, as evidenced by the detailed information provided on their website about their services and products. They openly share how they derive their pricing, ensuring customers understand the value they're getting. This transparency is a significant factor in their positive reputation.
Moreover, their commitment to privacy and security, highlighted by their appointment-only policy and minimal in-store inventory, resonates well with customers who prefer discretion in their transactions. The company's approach to handling both bullion and numismatic collections, catering to a wide range of customer needs, further strengthens its standing in the market.
Comparative Analysis with Competitors
When comparing Lincoln Coin and Bullion to its competitors, several aspects set them apart. One notable feature is their comprehensive inventory, which includes a well-curated selection of bullion and numismatic items.
They focus on quality rather than quantity, ensuring that every item in their inventory serves its purpose effectively. This approach contrasts with some competitors who might offer a broader range of products but with less emphasis on each item's quality and relevance.
Another distinguishing factor is their educational approach. They dedicate time to informing customers about bullion and numismatic investments, offering personalized consultations and detailed explanations.
This educational service, especially for first-time buyers, is not commonly found in all dealers, making Lincoln Coin and Bullion a more approachable choice for new investors. Additionally, their involvement in legislative efforts to exempt bullion, coins, and paper money from sales tax in Nebraska showcases their commitment to the broader interests of their clients and the industry.
Protect Your Retirement Savings - Without Taxes or Penalties!
Final Thoughts
In a world where trust and transparency are paramount, Lincoln Coin and Bullion stands as a beacon of reliability in the precious metals market. With a commitment to education, quality, and customer service, they have earned their reputation as a go-to choice for both seasoned investors and newcomers.
Whether you're seeking precious metals or numismatic treasures, Lincoln Coin and Bullion offers a comprehensive experience that goes beyond transactions, making it a trusted partner in your journey towards financial security and collecting passions.
Make sure to check out our compilation of The Top & Best Gold Companies to see if Lincoln Coin and Bullion made the cut
If you find Lincoln Coin and Bullion appealing, explore more on their website by visiting the link below.
