Today we look at Lincoln Coin & Bullion. What is Lincoln Coin & Bullion? A scam or a legit gold dealer? How do they match up against their competitors? Are there better alternatives out there for you? These are some of the questions this short review will focus on.
Company: Lincoln Coin & Bullion
Website: www.lincolncoinandbullion.com
Owner: Scott Olson
Price: Depends on the size of your investment
Who is it for: Precious metals investors
Overall rating: 
(3.2 / 5)
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Important to mention before we go into more details of this review:
We always strongly recommend to do your research online before you choose a company to invest with.
There are so many reviews online of clients being ripped off and scammed.
So please investigate thoroughly before you make your decision.
ALWAYS Review and compare the Top Gold IRA Companies Before You Invest!
There are literally hundreds, even thousands of precious metals dealers and IRA custodians to choose from.
The risk with this is that it can be easy to settle for the first company you find that “impress you”.
The problem is, while most gold dealers offer similar bullion prices (based on the live spot price), they can differ A LOT in their shipping policies and storage fees, which are typically decided by the IRA custodians they deal with.
This is also where the “ripoffs” usually take place in the form of hidden fees and lack of transparency.
Click to SEE the Gold Dealers we have given the Highest Ratings visit This Page<==
With that being said, let´s continue with the review on Lincoln Coin & Bullion!
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What is Lincoln Coin & Bullion about?
Lincoln Coin & Bullion, Inc is a gold dealer company, it was founded in 2006 by its owner Scott Olson.
The physical address of the company is: 3534 S 48th St # 4, Lincoln, NE 68506, USA
How does it work?
In short, this is a company where you can either buy or sell precious metal coins and bars.
The Products
The products offered consists of gold, silver, platinum and palladium coins and bars in different models.
They have a broad range of different products, all of them listed on their website.
IRAs?
It looks like Lincoln Coin & Bullion don´t offer IRAs as there is nothing mentioned about this topic on their website. Even if some of their broad range of coins are IRA eligible.
Also, there is no partner IRA custodians listed on their website.
To see the IRA custodian that got the highest rating from all of the (over 60 companies) we have reviewed click the link below:
***Click here to see the #1 rated IRA Custodian
Can you get the gold (and other metals) delivered to your home?
There is no info on this topic on their website, you can (most likely) assume that it is posiblle to get your metals delivered to you as many of its peers provide that service.
However, there is not even any info on the shipping policy and fees associated, so you are going to have to ask them about this first if you decide to buy from Lincoln C&B
Can you store your investment with the company?
Once again, there is no info on their site about this.
Can you sell back to the company?
Yes, you can. There is not much info on this process though, however, we managed to find this exact text on their site:
Yes. We are specialists in precious metals. We buy and sell all precious metals (gold, silver, platinum, and palladium) in the form of coins, bars, scrap gold jewelry, dental gold, sterling flatware and more. We do not buy items that are gold or silver plated over base metals..
Can anybody in any country use the service?
Once again, there is not much info on this on their website, however, would be surprised if they offer its services outside of the U.S.
Is Lincoln Coin & Bullion a scam?
So, is Lincoln Coin & Bullion a scam? No, it is not a scam, of course not. It would never have survived this long (founded in 2006) if it wasn´t. It also got a real owner and a real physical address.
However, if they are your best alternative is another story… That leads us to the:
Online review, ratings, and complaints
Below I will provide the ratings and complaints from some of the most well-known and trusted review and rating sites online so you can get a better overall picture:
BBB (Better Business Bureau)
Overall rating: A+
Review score: N/A (No reviews???)
Trustpilot
Overall rating: N/A
Trustlink
Overall rating: N/A
Yelp
Overall rating: 
(4 / 5) (out of 1 reviews)
Glassdoor
Overall rating: N/A
Ripoff Report
Overall rating: N/A
Pissed Consumer
Overall rating: N/A
Review Opedia
Overall rating: N/A
CitySearch
Review score: N/A
Any Red Flags?
Well, as you clearly can see there is not much reviews on the company at all online.
This is (in my humble opinion) the biggest red flag as it is very strange that there is only 1 review from a real user on them.
Compared to most of its peers it is ridiculously strange as many of them got thousands of reviews from real users.
Also, I cannot really understand how they have achieved an A+ rating from BBB with zero reviews??
***Click here to read about one Gold dealer with thousands of reviews and ZERO (!) complaints
How´s the support?
One thing that I always put a lot of importance in when it comes to the quality of a company’s support system is if they got a live chat function on their website or not.
Lincoln C&B does not have this and that is a minus (at least in my book)
They do offer the “mandatory” e-mail address and phone number for you to contact them with your questions or concerns.
Why You Should (Or Should NOT) pick Lincoln Coin & Bullion?
One thing that is always good to do to get a better overall picture of a company is to compare its pros against its cons.
Below I have highlighted some obvious points to make this job easier for you:
The Good
- Offers a broad range of coins and bars
The Bad
- VERY few reviews on them online (only 1)
- Website lacks in support and info on fees for example
Don´t offer any IRA services
You Own or Represent Lincoln Coin & Bullion?
If you are a representative, or associate of Lincoln Coin & Bullion 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 else you got the e-mail on the about page.
Final Words and Verdict on Lincoln Coin & Bullion
Verdict: Legit
Overall rating: (3.2 / 5)
Ok, I think that sums the overall picture up pretty well for now. This is a legit company, yes absolutely.
However, the fact that it got so few reviews (close to none) online and that the website lacks in info, I cannot give a higher rating than 3,2 stars out of 5.
So, 3,2 stars it is and it feels fair for now.
It can of course change to a higher or lower one in the future as the reviews on this website are getting updated as soon as some “news” on a company comes up.
You have made a smart choice reading this review as it is always recommended that you research and compare many different companies against each other before making an educated decision.
Am absolutely sure that you will find an IRA custodian that is right for you as you clearly (as you have read this far) understand this concept.
Which Company Do You Recommend?
If you are looking for a reputable gold IRA custodian besides any other company, you should check out Regal Assets.
Regal Assets have ZERO complaints from A LOT of real users. Used by celebrities, respected by well-known publications, and websites.
And A LOT more benefits!
Click here to see your self why RA is #1 rated
I hope you found this short review on Lincoln Coin & Bullion to be helpful and now you might have a better overall picture of what it is and if it is a scam or not, and also importantly, will it be something for you? If you have used any of its services please share your experience with us in the comment section below, as it can help others. Also, if you got any other questions on this review I will be more than happy to answer them below.
I wish you the best!
Michael
Founder of: Gold Retired
I am considering investing in precious metal and heard Silver is running low and has a huge potential to increase in value. Your article educated me on the importance to do my research before selecting a dealer. If Lincoln Gold and Bullion is not a scam and has a good BBB rating why wouldn’t I consider them? Is Regal Assets the best dealer in the country? Finally, do you think Silver’s value will increase in the near future? Thanks
Yes, I have heard a lot of reports on that also and when you look on what rich people (many times equals people who know how to manage their finances) you can clearly see a pattern that most are investing in silver for the moment.
Well, the reason why you might want to consider another company is to get lower fees, better support, etc.
Yes, I think Regal Assets are in a division by its own.
Hope that helps!
Thank you again for your comment!
/Sincerely