This is a short review of the DBS Coins. What is DBS Coins? Your go-to gold dealer or just another company that doesn’t measure up? Let’s dig in and find out!
Product: Precious Metals Coins and IRAs
Website: www.dbscoins.com
Owner: David Smoler
Price: Depends on your investment.
Who is it for: Investors
Overall rating: (3.2 / 5)
Important to mention before we continue with the review:
We always strongly recommend doing your research online before you choose a company to invest with. There are so many reviews online of clients being ripped off and scammed, especially when it comes to so-called “hidden fees”. So please investigate thoroughly before you make your decision.
**To see our #1 safe and recommended IRA custodian click here!
With that being said, let’s continue with the review!
What is DBS Coins – Overview
DBS Coins is a family business that was founded in 2008 and they claim to have over 40 years of experience in the precious metals industry. The company headquarters is located in Dana Point, CA. DBS Coins works on selling good products and their main focus is having high customer satisfaction. In 10 years the company has gained great success selling precious metals and built up a satisfied clientele.
The company is a member of the PNG, PCGS, and NGC, and has been BBB-accredited since 2011. You can even buy their products through eBay.
How does it work?
You can order products online or by calling in and talking to a seller who helps out with the purchase. They even offer to buy back precious metals if you should change your mind.
The products and services offered
- American Eagle gold/silver coins
- American Gold Buffaloes
- Canadian Maple Leaf gold/silver coins
- Perth Mint Kangaroo silver/gold coins
- Australian Philharmonic gold/silver coins
- Johnson Matthey Silver/gold bars
- Pamp Suisse gold bars
They offer storage for your precious metals in these countries:
- Canada
- Singapore
- Germany
- Switzerland
They also offer to help out with your Gold IRA. DBS Coins works with two custodians that you can choose for your gold IRA.
The two custodians are:
- Gold Star Trust
- New Direction IRA.
==> Click here to see my #1 recommended IRA custodian
What about the fees?
- DBS Coins offer free shipping on all orders that are over $25 and within the USA.
- The online order minimum is $50.
- The storage fees depend on the investment and may differ depending on the scale of the metals at the depository.
How is the support?
You can contact them by phone, mail, or post. There are forms on the website that you can fill out and they promise to respond to all inquiries if time permits.
Judging by the online reviews it seems like they have good customer support. DBS Coins takes pride in its high customer satisfaction and it is a priority that every new customer feels they can trust their sales rep. The website is very user-friendly and provides a lot of information about the precious metal coins and bars.
Is DBS Coins a Scam?
No, it is not a scam. It is a legit company and they seem like a good choice when looking for a gold broker in many ways, however, if they are your best alternative out there is a whole other story.
That leads us to the:
Reviews, ratings, and complaints on DBS Coins
You should always review and compare different investment companies against each other before you make a final decision.
Below I have listed the most trusted and well-known review and rating sites online to see what score they have given DBS Coins as this is a good indication of how good the particular company performs and treat their clients:
BBB
Score: NOT Accredited by the BBB
BCA
Score: N/A (not available)
Trustlink
Score: N/A (not available)
Trustpilot
Score: N/A (not available)
Yelp
Score: N/A (not available)
Ripoff Report
Score: N/A (not available)
The conclusion from this?
Well, as you clearly can see there is not much to be found on the company, other than 1 complaint on the BBB website, and also an A rating but not an accredited business by the BBB… Other than that there was nothing to be found in the form of reviews from real users.
This does not have to be a bad sign… But it could be.
==> Go to this page to see a company that has plenty of reviews!
Are there better alternatives out there?
YES! There are a few ones I would consider better, I have them all listed on this website, but the absolute best one I can recommend is; GOLDCO
GOLDCO offers precious metals, and Gold IRA to its clients with expert support. It is easy to get started by going to their website where you find all the information you need to get going.
Click here to check out my review of GOLDCO!
The good
- Customer satisfaction is a priority.
- Free shipping in the US
The bad
- Not a complete IRA custodian.
- Not much to be found in the form of reviews and ratings from the most trusted and well-known sites.
Final words and verdict
DBS Coins is a company where you can find precious metals and purchase your extra investment for the future. Investing in gold is always a good choice, DBS Coins know this and they also know their products. If you are looking for a new gold broker I think they can offer a lot of help. There are very few bad reviews online and the complaints are often about long shipping time and not about the products or sales experience.
Since DBS Coins is not a real Gold IRA custodian my overall rating is 3,5. They have a lot of products but for the real investors who are looking for a complete custodian, they might not be the right fit.
Verdict: Legit (but NOT recommended)
Overall rating: (3.2 / 5)
Ok, I think that sums up the overall view of this company pretty well. I would say it is a legit one.
However, as there is barely anything to be found on them in the form of reviews and ratings from their clients, and their lack of accreditation from the BBB I do not feel that the company can be recommended, right?
P.S.
I do ALWAYS recommend that you do your research and compare different companies against each other before making any final decisions.
You made a wise decision to read this review and you are a smart person. I am absolutely sure that you will find the right company that suits your particular needs the best, and that you feel safe to do business with.
Check out my # 1 recommended IRA company here!
I hope you found this review on what DBS Coins is to be helpful and that you found it interesting. Please, make sure to share your experience with us if you have any in the comment section below as it can help others. Also, if you have any questions about this review we will be more than happy to answer them below!
Please, if you think this review can help others make sure to share it by using the share buttons below! (Facebook, Twitter, etc)
I wish you the best life has to offer!
Pete,
Writer and team member of Gold Retired.