What is LCR Coin? What does it have to offer that you should not miss out on? Is it reliable and is its support staff team professional? If you have been asking yourself such questions about LCR Coin and are looking for an honest and impartial review of it, then you are in the right place!
Name of company: LCR Coin
Official Website URL: https://lcrcoin.com/
Overall Rating: (4 / 5)
Important to mention (before we go into more details of this review)
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With that being said, let´s continue with the review on LCR Coin!
What is LCR Coin?
LCR Coin is a Texas-based business that has been around for more than 30 years, serving a wide variety of customers, from collectors to investors. Those who seek LCR Coin’s expertise are usually in need of valuation, acquisition, and liquidation services.
The owners of LCR Coin take pride in their capability to serve international clientele who approach them to purchase or sell the following items:
- Graded Rare Coins
- Certified Modern Coins
- Gold and Silver Bullion
- Ed Moy Signed American Silver Eagles
- Mercanti Signed Silver Eagles
- American Eagle Coins
All the above items can be purchased or sold through the company’s website, which serves a dynamic marketplace for all investors and collectors across the board. The inventory is usually updated daily to ensure that customers have access to all if not most of the products that they need. Beyond offering a wide collection of products, the company also offers a transparent environment in which the customers get to verify the quality and authenticity of the items they intend to purchase.
Which services does LCR Coin offer?
Owing to its many years of experience in the precious metals industry, LCR Coin has managed to establish its position in the global market as a trusted service provider. According to its official website, this company strives to set the gold standard for all the services that it offers, including:
- Coin Acquisitions
- Coin grading
- Buying and selling of certified modern coin sets
- Legacy wealth
- Proof gold and silver
- Gold & Silver IRA Rollover Kits
- Portfolio Coin Collections
- Estate Privacy and Liquidity
- Coin Auction Consulting
- Gold & Silver Bullion Bars and Coinage
Which precious metal products does LCR Coin offer to its customers?
This company offers a variety of precious metal products that are suitable for use by collectors and investors in their different endeavors. LCR Coin, like many other companies in this industry, usually updates its inventory daily. This means that if you are looking for a certain product on this company’s website, that you can give it a try the next day, or consult with the staff at LCR Coin so that they can confirm if they intend on stocking your product of interest.
Here are some common products offered by LCR Coin:
- Rare Coins- Colonials, Half-cents & cents, Two & three cents, nickels, Half-dimes and Dimes, Quarters, Half Dollars, Dollars, Pre-1933 Gold Coins Proof Sets.
- Gold-certified gold eagles, certified gold buffaloes, Gold Ultra High Relief, Gold Coins and Bars, IRA-approved Gold.
- Silver – Mercanti NGC Silver Eagles, Mercanti PCGS Silver Eagles, Emily Damstra Silver Eagles, Michael Gaudioso Signed, Ed Moy Silver Eagles, David Motl NGC Silver Eagles, Miles Standish NGC Silver Eagles, Certified Silver Eagles, Silver Coins and Bars, and IRA-approved silver.
- Platinum – platinum coins and bars
- Palladium – palladium coins and bars
Is LCR Coin authorized to offer the services it offers?
Yes. LCR Coin is authorized to deal with precious metals, by reputable bodies, including:
PCGS and NGC only partner with and offer accreditations to the deserving companies, which have managed to prove that they can serve customers by guaranteeing that the quality of the precious metal products is not compromised at any stage of the transaction. NGC is actually charged with the provision of third-party grading services aimed at determining the value of collectibles, the market value assigned to them by virtue of their gold or silver content. other considerations made during the grading process are the rarity of the precious metal coins, historical significance, as well as beauty.
Does LCR Coin company offer gold IRA services?
Technically, yes. As we have already seen, this company offers Gold and Silver IRA Rollover kits, which investors can rely on to move the funds from their current retirement plan to a new gold IRA account. LCR Coin has partnered with Equity Trust as their trusted gold IRA custodial service provider, to ensure that customers get access to reliable services as they strive to establish a reliable precious metal investment portfolio for their retirement years.
During the account creation process, you will be asked to provide the following personal details:
- First & Last Name
- Date of Birth
- Social Security Number
- Email Address
- IRA Account type
- Legal address details
- Phone details
- Fees and payment method preferences
**See my #1 recommended gold & silver IRA solution on this page
Does this company offer storage services?
Yes. You can open benefit from LCR Coin’s storage services offered in partnership with International Depository Services (IDS), through opening an account. You only need to download and fill out a custody agreement form and submit a copy of your government-issued, photo ID. The next step is to submit the form you filled out for LCR Coin’s location in Texas or the one in Delaware. You can also choose an account for personal custody, as well as corporate custody.
There are no charges to open or maintain the newly opened storage account. You are, however, required to pay the minimum storage charge, based on a defined billing cycle. For the customers who opt to pick the Texas storage option, the charge is $300, billed after every 6 months.
Fees and charges?
This company stands out when it comes to fees and charges, in the way it aims to keep them very low and minimal. For starters, if you purchase the products offered by LCR Coin, you get free and insured shipping. If you decide to store your precious metal products with LCR Coin, you will be required to meet the storage fees (e.g. $300 for every 6 months in the Texas facility).
The storage fees are in my opinion not as competitive as some other alternatives in this industry, though you also have to consider other factors such as the prices of the products as you decide whether you will rely on LCR Coin or its competitors.
Which payment methods does LCR Coin support/allow?
As a customer, you can purchase your products or pay for your services at LCR Coin using any of the listed payment methods below:
- American Express
Is LCR Coin a Scam or legit?
LCR Coin is, in my opinion, a legit company. Even without getting into the customer reviews, one can already tell that this company is a professional one, owing to its accreditations given by NGC and PCGS. The two bodies only prefer dealing with companies that have proven their worth in terms of reliability and professionalism, and LCR Coin seems to have ticked all the boxes for them.
Moving to the customer reviews, LCR Coin seems to have also impressed most of its customers. With a rating of (4.8/5) stars on Trustpilot and a (5/5) rating on Sitejabber, I believe that LCR Coin is on the right track. Competitive as its services may be, however, LCR Coin still faces stiff competition from other companies in this industry which also have excellent ratings on consumer trust sites, and also ratings from more independent 3rd party consumer protection agencies, that also have better offerings in terms of fees and charges.
Pros and Cons
- Excellent ratings on consumer trust sites
- Free shipping
- Safe & secure storage services
- Top-quality products and services (graded by NGC and accredited by PCGS)
- Storage fees are not very competitive
- Faces stiff competition from other well-established firms in the industry.
Do You Own or Represent LCR Coin?
If you are a representative, or associate of LCR Coin and have found something not to be correct in this review please, feel free to tell 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.
Final words and verdict
Overall rating: (4 / 5)
Great! We are almost wrapping up this LCR Coin Review, and my hope is that you can already tell whether this company is best placed to serve you or not. From the look of things, LCR Coin is a legit company and has managed to impress most of its customers so far. With its impressive ratings on Trustpilot, I bet you can agree with me that this company is offering products and services that are worth checking out.
That said, however, I’d recommend that you compare LCR Coin’s offerings with those of its top competitors, so that you get the best deal. At the end of the day, you need investment partners who will make retirement investment as smooth a ride as possible for you, so that you can enjoy your hard-earned money without worrying about the details of how such companies are faring on or operating.
Check out the recommended alternatives below:
That will be all for this review on what LCR Coin is. I hope that you found it helpful and educational and that you now know whether or not this company can help you meet your investment objectives or not. If you have any questions about this company or precious metal investments, feel free to drop them in the comments section, and I will get back to you ASAP.
I wish you well,
Eric, Investor and Team Member at Gold Retired!