What is Gulfcoast Coin and Jewelry? Welcome to this review in which we shall be scrutinizing Gulfcoast, in a bid to establish whether it is one that you can turn to as an investor or one that you should avoid. By the time you’re getting to the end of the review, you’ll be well-equipped to make this decision. If this sounds interesting to you, stick with me all through for tips on better alternatives as well.
Name of the company: Gulfcoast Coin and Jewelry
Official Website URL: https://www.gulfcoastcoin.com/
Overall Rating: (3.9 / 5)
Recommended: Yes (But check other alternatives in the market as well first)
Important to mention before we go into more details of this 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. The most common way people get scammed is through so-called “hidden fees” so please investigate thoroughly before you make your decision.
With that being said, let´s continue with the review on Gulfcoast Coin and Jewelry!
Table of Contents
- What is Gulfcoast Coin and Jewelry?
- The Service offered
- How does Gulfcoast Coin and Jewelry (WYI) Work? (How to Get Started)
- Does Gulfcoast Coin and Jewelry offer IRA services?
- How can you open a Precious Metal IRA with Gulfcoast Coin and Jewelry?
- Payment methods accepted when paying for precious metals.
- Does Gulfcoast Coin and Jewelry have minimums for purchase?
- Does Gulfcoast Coin and Jewelry buy precious metals from individual sellers?
- Is Gulfcoast Coin and Jewelry Genuine or Is It a Scam?
- Pros and Cons
What is Gulfcoast Coin and Jewelry?
Gulfcoast Coin & Jewelry exists as a Southwest Florida-based firm that deals with rare coins, bullion, precious metals, a variety of jewelry, diamonds, high-end watches, et. This company’s main activities revolve around purchasing, selling, appraising, as well as the auctioning of valuable property (both personal and real property). Its staff members’ 46-year experience makes it possible for Gulfcoast to deliver high-quality services.
Unlike most of its competitors, Gulfcoast Coin and Jewelry mainly focuses on serving customers through brick and mortar stores. Its goal is to see to it that customers feel at home, to the extent that they recommend Gulfcoast to friends and family.
The Service offered
Investors from different walks can turn to Gulfcoast Coin and Jewelry for the following services:
- Purchasing & Selling of various precious metals and precious metal products- Gulfcoast is out to establish its position in this industry as one of the best dealers investors can turn to if they are looking for a wide variety of precious metals and precious metals products.
- Auctions –auctions happen to be one of the most common ways to sell any property. Those who want to cash out their precious metals or precious metal products can turn to Gulfcoast during auctions. Gulfcoast opened its first auction gallery back in the 1990s and has since then managed to attract customers who are out to sell their rare coins, stamps, estate jewelry, stamps, diamonds, as well as fine arts. Currently, Gulfcoast has the capacity to broadcast its auctions via the internet, to give buyers from different corners of the world access to valuables that they’d be interested in.
- Appraisals– if you need to determine how much your coins, precious metals, or other related products are worth, you can turn to Gulfcoast for appraisal services.
- Watch and jewelry repair and restoration – if you’re currently residing in Southwest Florida and you need a watch or jewelry repair or restoration, visit Gulfcoast Coin and Jewelry to get help.
How does Gulfcoast Coin and Jewelry (WYI) Work? (How to Get Started)
This company has defined its services in such a way that the best approach to accessing them is through contacting the support staff. If you’re looking for a way to sell your rare coins, diamonds, or jewelry, you can reach out to Gulfcoast by calling the toll-free number provided on the official website. The owner of this company, Mike Joyce, also has his several contacts placed on the official website, to facilitate easier communication in case you have any serious business that needs to be discussed. You can start by scrolling through the official website to view the items that Gulfcoast Coin and Jewelry is currently selling or purchasing, before giving them a call. The same applies to the other services that this company is offering – be it appraisals or auctions, you can simply contact the owners of this company to make your request.
Finally, you can send them your email address via text message, or text ‘BUYGOLD” to the number provided on their official website, to get started.
Does Gulfcoast Coin and Jewelry offer IRA services?
No. There’s nowhere on this company’s website that I can across Gulfcoast claims that it’s offering IRA services. IRA services have been popular for quite some time now, as a preferred approach to growing wealth for use during the retirement years. If you would need to invest through an IRA, therefore, consider other options available in this industry since Gulfcoast doesn’t offer this service at the moment.
Important: Please make sure that you know exactly what fees are associated before you sign anything, I have seen so many reports online of people getting surprised with so-called hidden fees that they had no idea about until it was too late. Transparency is what you want to look for in this industry.
**My #1 recommended gold & silver IRA company is 100% transparent + they got a few other benefits you might want to have a look at if you are interested in a new IRA, see this page
How can you open a Precious Metal IRA with Gulfcoast Coin and Jewelry?
We’ve already established that Gulfcoast does not offer any IRA services, hence anyone looking for a way to open a precious metal IRA should turn to other alternatives available in this industry.
See my #1 recommended gold & silver IRA solution on this page
Payment methods accepted when paying for precious metals
Unfortunately, there’s no information on the payment methods that are supported by this company. This can be such a turn-off since most companies in this industry reveal the payment methods that are allowed. If you perceive Gulfcoast as one that’s worth partnering with as an investor, you can contact the support staff to enquire about the payment methods you can use in the future.
Does Gulfcoast Coin and Jewelry have minimums for purchase?
There’s no place on Gulfcoast’s website that you’ll come across information about it having minimums for purchase. This means that this isn’t a major concern that new customers need to get concerned about. Most of what this company is dealing with can be sold or bought as a single unit, or several units, without there being any need to impose the minimums for purchase requirement.
Does Gulfcoast Coin and Jewelry buy precious metals from individual sellers?
Yes. You can contact this company’s support staff if you have any precious metals, coins, and jewelry that you’d like to sell to them. Better yet, you can first have a look at whether the item you want to sell to them is listed (or displayed) on the official website. If you do not find that product, you can still have contact with them just to see if they will consider purchasing what you own. Most companies in this industry have the liberty to accept or decline offers from sellers, so all you can do is hope that yours will be accepted.
Is Gulfcoast Coin and Jewelry Genuine or Is It a Scam?
Gulfcoast Coin and Jewelry is, in my opinion, a genuine company that takes pride in having more than 46 years of experience in this industry. It has its stores in Bonita Springs and Fort Myers, from where it serves its customers who want to purchase and sell various precious metal products and coins. I looked at various consumer trust sites to see what they had to say about Gulfcoast and discovered that this company still has a couple of outstanding complaints that would scare customers away. Despite having an A+ rating on Better Business Bureau, the consumer complaints are simply hard to ignore. One of the main issues that is hard to ignore is the undervaluation of products. If you are trying to purchase and sell precious metals or precious metal products with the hope of making some money to spend in your retirement years, you might want to consider other options in the market.
**Have a look at how these top-rated alternatives to Gulfcoast Coin and Jewelry that offers precious metals IRA Services are matching up
Pros and Cons
- 46 years experience in the business
- Purchases products from people who want to cash them out.
- CEO is a member of several professional bodies in this industry.
- No IRA services offered
Do You Own or represent Gulfcoast Coin and Jewelry?
If you are a representative, or associate of Gulfcoast Coin and Jewelry and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to firstname.lastname@example.org.
Overall Rating: (3.9 / 5)
Gulfcoast Coin and Jewelry is one well-recognized firm in the numismatic industry. Customers looking for jewelry, bullion, and rare coins can reach out to them if they are convinced that Gulfcoast is the go-to company. Anyone who is still not sure about this company’s offerings and numismatics, in general, can have a look at other ways to make money for their retirement years, such as through gold and silver IRAs.
That will be all for today’s review on what Gulfcoast Coin and Jewelry. I hope that you now know whether to turn to this company, based on what it has to offer to you as an investor. Let me know whether you’d consider purchasing or selling any product to this company, or whether you’d rather seek out other alternatives in this industry.
I wish you well,
Eric, Investor and Team Member at Gold Retired!