What is forumancientcoins.com? What is it out to accomplish in the industry in which it operates in? Is it one that you can trust or not, and is it one that you can put a good word out there for? Let’s get into it right away and discover what this company has in store for those who rely on it.
Table of Contents
- What is forumancientcoins.com?
- How does it work? (How to shop at Forum Ancient Coins)
- Which items can you purchase from this company?
- Can you sell your ancient coins to Forum Ancient Coins?
- What are the shipping charges and options on Forum Ancient Coins?
- Which are the payment options availed by this company?
- Does Forum Ancient Coins offer IRA services?
- Is Forum Ancient Coins Genuine or a Scam?
- Pros and Cons
- Final Words and Verdict
Name of the company: Forum Ancient Coins
Official Website URL: https://www.forumancientcoins.com/
Overall Rating: (4.2 / 5)
Recommended: Yes (for coin collectors)
What is forumancientcoins.com?
Forum Ancient Coins is a family business that has since 1997 been trying to help bridge the gap between those who would need ancient coins, and those who supply them. In November 1997, the owners of this business had heightened interest in coins from ancient Greece and Rome, as well as from other cultures. They were also deeply interested in figuring out what the history behind each coin was. At the time of creation, Forum’s website wasn’t only for the selling of coins. Its owners had already established that it was equally good to provide coin collectors with a variety of articles revealing the history behind each coin.
The company also created a very fun resources section, in which there are many websites that are hosted at no cost Forum Ancient Coins, many ancient coin books, as well as ancient coin identification tools. With such resources, it’s quite hard for customers to get swindled, or to purchase coins that have no value.
Forum Ancient Coins also has a Classical Numismatics Discussion Board that has more than 6,000 members already. On this platform, you’ll come across several collectors discussing ancient coins in a manner that even those getting started with the collection of ancient coins can find educational.
The president of Forum Ancient Coins goes by the name Joseph Sermarini, and he’s the man behind this business run by the Semarini family.
How does it work? (How to shop at Forum Ancient Coins)
The Forum Ancient Coins shop currently offers a collection of coins and antiques from different cultures, including those from ancient Rome and Greece. Its finest selection of coins is highlighted in its showcase. Customers can also find links to coins collected from various cultures in the header and left menu sections of the website. The coins in every category are usually listed from the ones with the highest prices to the ones with the lowest prices.
If you identify yourself as a bargain hunter, then you should head to the last page. Once there, you can make use of the search function to look for the reverse types or legends and interests. You can then click on any blue text you see in the catalog to get more information on that name or term.
You can also visit the “Recent Additions” lists catalog pages that have coins that Forum ancient coins have added to the website in the recent past. Forum Ancient Coins usually updates this catalog instantly, whenever there’s an addition of a new coin or it’s reserved. This means that every coin that’s listed is actually available. The prices are presented in USD. All Euro Prices are merely estimates, and the prices that are converted from dollars may to a great extent vary from those estimates.
Note that Forum Ancient Coins usually price its coins to sell them, and all its prices are fixed. One does not, therefore, need to calculate the ‘real’ price or test their negotiation skills.
Which items can you purchase from this company?
It’s clear that this family business mainly deals with the sale and ancient coins- that’s not hard to tell from the name of the business. Beyond the coins, there are so many other items, that have such a rich history ( not all of them though )that you can purchase from this company. Let’s go through a list of coins, items, and collections that you can purchase from this company:
- Greek Coins
- Roman Coins
- Byzantine Coins
- Judean and Biblical Coins
- Asian Coins
- Medieval and Modern Coins
- Gold Coins
- Silver Coins
- Multiple Coin Lots
- Books and Supplies
- Forum T-shirts
- Certified Coins
- Gift Certificates
- Collections such as Maxwell Hunt Collection, Beast Coins VLPP Collection, Errett Bishop Collection, Ray Nouri Collection, etc.
- Themed items based on Animals, birds, denominations, geography, gods (Olympian and non-olympian), heroes, history, hoards, military, mythology, nautical and marine, numismatics, personifications, plate coins, and quality)
Can you sell your ancient coins to Forum Ancient Coins?
Yes. It’s possible to sell your ancient coins to this company. You are, however, advised to never send any coins to Forum without there being a solid agreement. You can sell your low-value and high-value coins to this company at varying rates, based on their policies. Generally, selling your coins to this company will mean you settling for a percentage of the market retail price. This could in most cases be anything between 50% to 65% of the retail price, depending on the type of coin.
What are the shipping charges and options on Forum Ancient Coins?
First, it’s important to bring up the fact that Forum Ancient Coins ship worldwide. Customers are guaranteed that their items will get delivered to them, else they’ll get refunds, replacement as well as the storage of credit up to the value insured.
Forum includes insurance costs in the shipping fees, though insurance is usually limited for certain shipment types. For instance, the insurance limit for 1st class mail is usually $100. The details are usually offered during checkout, where customers have the options to make upgrades based on the factors below:
- Faster shipping
- Full insurance
The shipping costs usually depend on the type of shipping a customer settles on, as well as the items they purchase.
The basic charge charged by Forum Ancient Coins usually covers an unlimited number of coins, as well as other smaller items. For instance, this company’s domestic first-class mail has a Basic charge of $4. Regardless of the number of coins that you order with this type of shipping, the domestic first-class mail shipping is still going to be $4.
You’ll also get charged an additional ‘special pack charge’ for the heavy, large or fragile items that need special packaging or that demand expensive postage. With domestic first-class mail, for instance, you’ll get charged $3 as a special pack charge. Below are more details on the shipping fees to expect when purchasing items from this company.
Which are the payment options availed by this company?
With the secure shopping cart on this company’s ecommerce website, you can pay for your products. The payment options allowed include:
- American Express
- Western Union
- Bank wire
- Money order
N; B: If you don’t have the money to purchase a certain coin, you can reserve it during the checkout process by indicating this in the notes section of the process. You can also do this by contacting the owners of this company.
Does Forum Ancient Coins offer IRA services?
No. As of now, there’s no evidence of this company offering IRA services. The only thing you can do is purchase the Gold IRA-accepted coins from them and place them in your pre-existing IRA. This may be a complicated process, so I’d recommend that you work with a company that’s offering Gold IRA services to simplify the process and to avoid unnecessary taxes from Forum Ancient Coins.
Is Forumancientcoins.com a Scam or legit?
This family business is in my opinion a legit one. It has a physical address that you can find on your maps and has a working phone number that you can use to contact its support staff. Forum Ancient Coins has a tag line that goes “All coins are guaranteed for eternity.”, just to exemplify this family business’s dedication to delivering quality products to customers.
Besides, this business is BBB accredited, and it has very impressive customer ratings. Not forgetting that it’s a member of the following bodies (or has the following accreditation)
- VCoins Code of Ethics Dealer
- Ancient Coin Collectors’ Guild Benefactor
- American Numismatic Society Life Member
- American Numismatic Association Life Member
- Israel Numismatic Society Life Member
- American Israel Numismatic Association Life Member
Generally, if you’re looking for a company that’ll offer you genuine collector coins, then you have a reliable option with Forum Ancient Coins. If you’re, however, an investor looking forward to getting started with your retirement investments portfolio, then you can rely on the company recommended below:
**Read about the common Numismatic Gold Coin Scams on this page
Pros and Cons
- Wide variety of coins
- Global shipping
- You can sell your coins to them
- Many payment options
- Does not offer Bitcoin and other cryptocurrencies as a form of payment
- The prices they buy the coins at are significantly low
Final Words and Verdict
Overall Rating: (4.2 / 5)
Forum Ancient Coins has done an impressive job at establishing a reliable coin collection business where you can buy and sell your coins. You can also purchase other antiquities and products that it offers from any corner of the world since it offers global shipment services. Overall, we’ve established that Forum Ancient Coins is reliable, and by the look of things one of the best in the coin collection industry. If you’re purchasing gold and silver coins for the purpose of investment, here are alternatives to Forum Ancient Coins that you can rely on:
That’s all for this review on what forumancientcoins.com is all about. I hope you’re well-informed about what it has to offer, and you know it’s one you can turn to. If you were looking for this company as an investor (looking for conservative investment options), be sure to have a look at the above-recommended review as well, to get a lucrative approach to it.
I wish you well,
Eric, Investor and Team Member at Gold Retired!