Causeway Coin Company Reviews: Legit or Not?

7.5/10 (Expert Score)
Product is rated as #130 in category Dealers
7.6Expert Score
Causeway Coin Company

They are among the most notable names in the numismatics industry of southern United States and have been operating since 1969.

Trust
7.6
Fees
7.9
Customer Service
7.2
Reputation
7.5
Pros
  • Transparent and competitive pricing
  • Appraisal services available
  • Established reputation
Cons
  • High demand for rare items
  • Limited Online Presence

Causeway Coin Company: Unique Highlights Overview

Established in 1969, Causeway Coin Company has been a cornerstone in the precious metals and collectibles industry in the Southern United States. With over five decades of experience, the company has built a reputation for offering fair prices and maintaining transparent business practices.

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Comprehensive Range of Services

Causeway Coin Company specializes in buying and selling a diverse array of items, including:

  • Precious Metals: Gold, silver, and platinum in various forms such as jewelry, coins, watches, brooches, flatware, and scrap.
  • Diamonds: Loose diamonds, diamond watches, diamond rings, and more, with a particular interest in diamonds of 3 carats and larger.
  • Vintage Watches: Rare and collectible timepieces, including pre-owned luxury brands.
  • Rare Coins: Numismatic coins and large denomination U.S. currency issued before 1928, such as $500, $1,000, $5,000, and $10,000 bills, as well as Confederate currency.

Innovative Appraisal Technology

To ensure precise evaluations, Causeway Coin Company utilizes advanced equipment, including a specialized device referred to as the “Gold Gun.” 

This technology minimizes human error during the inspection of gold items, allowing the company to provide accurate and fair pricing for customers’ valuables.

Customer-Centric Approach

The company prides itself on its transparent and honest dealings, fostering trust and long-term relationships with clients. This commitment to integrity has solidified its standing as a leading buyer of precious metals, diamonds, vintage watches, rare coins, and collections in the region.

Multiple Convenient Locations

To better serve its clientele, Causeway Coin Company operates multiple locations:

  • Metairie, LA: 3031 N Causeway Blvd
  • Mandeville, LA: 2180 N Causeway Blvd

These locations are strategically placed to cater to customers across the Greater New Orleans Area, including Metairie, Mandeville, and Slidell.

Operating Hours

The company’s operating hours are designed for customer convenience:

  • Monday – Thursday: 9:30 AM – 5:00 PM
  • Friday: 9:30 AM – 4:00 PM
  • Saturday: 10:00 AM – 2:00 PM
  • Sunday: Closed

Client Testimonials

Clients have expressed high satisfaction with the services provided by Causeway Coin Company. For instance, a long-term customer named Randy stated, “I know I will always get top dollar for my jewelry. 

That’s why I’ve been dealing with Mike for decades.” Such testimonials reflect the company’s dedication to offering value and building lasting relationships with its customers.

Causeway Coin Company’s longevity and success can be attributed to its comprehensive range of services, innovative appraisal methods, customer-focused approach, and strategic locations. 

Whether you’re looking to buy or sell precious metals, diamonds, vintage watches, or rare coins, Causeway Coin Company stands out as a trusted and reliable partner in the industry.

What is the Causeway Coin Company?

Causeway Coin Company is a well-established precious metals and collectibles dealer based in the Southern United States. Founded in 1969, the company has built a solid reputation for offering fair prices, transparent transactions, and exceptional customer service. 

With over five decades of experience, Causeway Coin Company has become a trusted destination for individuals looking to buy and sell gold, silver, platinum, rare coins, and vintage collectibles.

The company specializes in precious metals trading, dealing in a wide variety of items such as gold and silver bullion, scrap jewelry, coins, flatware, and luxury watches. 

Additionally, Causeway Coin Company is known for handling loose diamonds and high-value collectibles, including large denomination U.S. currency notes and rare numismatic coins. 

Their expertise spans across various asset classes, making them a one-stop shop for collectors and investors alike.

One of the distinguishing features of Causeway Coin Company is its state-of-the-art appraisal technology. The business employs advanced tools such as the “Gold Gun,” which provides precise measurements of gold purity and weight. 

This technology ensures accurate evaluations and fair pricing, minimizing the risk of errors and giving customers confidence in their transactions.

In addition to its retail and appraisal services, Causeway Coin Company also provides consultation services for estate sales and large collection liquidations. 

Whether clients are looking to sell inherited jewelry, liquidate investment-grade bullion, or seek professional advice on their numismatic collections, the company’s knowledgeable staff offers expert guidance tailored to each individual’s needs.

Causeway Coin Company’s success can be attributed to its customer-focused approach. The company prides itself on fostering long-term relationships by providing honest assessments, competitive rates, and a welcoming, pressure-free environment. 

With a commitment to transparency and ethical business practices, Causeway Coin Company has earned the trust and loyalty of both local and national customers.

In addition to its in-store services, the company maintains a strong online presence, providing updates on current market prices for precious metals and offering virtual consultations for out-of-state clients. This flexibility allows customers to engage with their services conveniently, no matter their location.

logo of Causeway Coin Company

Products and Services Offered by Causeway Coin Company:

  • Precious Metals: Buying and selling gold, silver, and platinum in the form of coins, bars, and jewelry.
  • Rare Coins and Currency: Numismatic collections, including U.S. and foreign coins, and large denomination paper money.
  • Diamonds and Watches: Loose diamonds and luxury watches from top brands.
  • Estate and Collection Appraisals: Expert evaluations for estates, trusts, and large collections.
  • Secure Transactions: Confidential and secure buying and selling processes to protect customer interests.

In conclusion, Causeway Coin Company is a trusted name in the precious metals and collectibles industry. Whether you’re an investor, collector, or someone looking to sell valuables, their expertise, technology, and customer-first philosophy make them a preferred choice for precious metal transactions and evaluations.

Who are the People Behind the Causeway Coin Company?

Causeway Coin Company, established in 1969, is a prominent dealer in precious metals and collectibles in the Greater New Orleans area.

The company is owned and operated by Mike Perkins, who has over fifty years of experience in the industry.

Under his leadership, Causeway Coin Company has built a reputation for offering fair prices on items such as rare watches, elegant silverware, rare coins, and more.

The company operates two locations: one at 3031 N. Causeway Blvd. in Metairie, LA, and another at 2180 N. Causeway Blvd. Service Rd. in Mandeville, LA.

Does Causeway Coin Company Offer IRA Services?

Causeway Coin Company, established in 1969, is a reputable dealer in precious metals and collectibles, serving the Greater New Orleans area.

While the company does not offer specialized Gold Individual Retirement Account (IRA) services,

it provides a diverse selection of IRA-eligible gold and silver coins, including pre-1933 U.S. gold coins, American Eagles, and Buffalo Gold Coins.

Investing in these precious metals can be an effective way to diversify your retirement portfolio, hedge against inflation, and build generational wealth.

For those interested in incorporating these assets into a self-directed IRA, it’s advisable to consult with a financial advisor or a specialized IRA custodian to ensure compliance with IRS regulations.

What Products Can You Purchase at Causeway Coin Company?

Causeway Coin Company, a well-established dealer in precious metals and collectibles, offers a diverse range of products that cater to investors, collectors, and enthusiasts alike. 

Located in the Greater New Orleans area, the company has built a strong reputation for its extensive inventory and fair pricing. 

Whether you’re looking to invest in precious metals, collect rare coins, or purchase unique items, Causeway Coin Company has something to offer.

1. Precious Metals

One of the primary product categories at Causeway Coin Company is precious metals. Investors and collectors can purchase a variety of gold, silver, platinum, and palladium products. Some of the most popular options include:

Gold Coins and Bars: The store carries a selection of gold coins, including American Gold Eagles, Canadian Maple Leafs, South African Krugerrands, and pre-1933 U.S. gold coins. Gold bars in various weights are also available for purchase.

Silver Coins and Bars: Investors can choose from an array of silver products such as American Silver Eagles, Canadian Silver Maple Leafs, and silver bars in various sizes.

Platinum and Palladium: The company also offers platinum and palladium bullion products, including American Platinum Eagles and bars from reputable refiners.

These products are ideal for individuals looking to diversify their investment portfolios and hedge against economic uncertainty.

product of Causeway Coin Company

2. Rare and Collectible Coins

Coin collectors will find an impressive selection of rare and collectible coins at Causeway Coin Company. The inventory includes:

U.S. Coins: The shop offers a wide range of U.S. coins, including Morgan and Peace silver dollars, Indian Head pennies, and Buffalo nickels.

World Coins: Collectors can also explore a selection of international coins from various countries, featuring unique designs and historical significance.

Certified Coins: For serious collectors and investors, the company provides certified coins graded by reputable agencies such as PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation).

These coins are highly sought after by numismatists for their rarity, condition, and historical value.

product of Causeway Coin Company

3. Paper Currency

In addition to coins, Causeway Coin Company offers a selection of paper currency, including both U.S. and foreign banknotes. Collectors can find valuable and historical bills such as Confederate currency, obsolete banknotes, and fractional currency notes.

4. Jewelry and Watches

For those interested in fine jewelry, the store carries a range of gold and silver jewelry pieces, including rings, necklaces, and bracelets. Additionally, customers can find high-end watches from renowned brands, making it a great place to shop for luxury timepieces.

5. Silverware and Other Collectibles

The store also deals in sterling silverware, offering elegant sets and individual pieces. Collectible items such as vintage toys, military memorabilia, and other unique artifacts can also be found in their inventory.

Whether you’re a seasoned investor, a passionate collector, or someone looking for a special gift, Causeway Coin Company provides a comprehensive selection of high-quality products to meet your needs.

Causeway Coin Company Fees and Pricing:

Causeway Coin Company, known for its extensive collection of precious metals and collectibles, offers competitive pricing and transparent fee structures to cater to both investors and collectors. 

Understanding the costs associated with purchasing and selling items at Causeway Coin Company is essential for making informed decisions.

1. Precious Metals Pricing

The pricing for gold, silver, platinum, and palladium products at Causeway Coin Company is based on the current market spot prices. 

The company applies a premium over the spot price, which varies depending on factors such as the type of metal, product weight, and demand. Key pricing details include:

  • Gold Coins and Bars: Pricing includes a premium that reflects the coin’s rarity and condition. Bulk purchases may qualify for discounts.
  • Silver Coins and Bars: Silver products have lower premiums compared to gold, making them an affordable investment option.
  • Platinum and Palladium: These metals typically carry higher premiums due to their rarity and market demand.

2. Rare and Collectible Coins Pricing

Rare and collectible coins are priced based on factors such as rarity, historical significance, condition, and demand. 

Causeway Coin Company offers competitive market rates, with pricing aligned with industry standards set by organizations like the Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC). Additional fees may apply for certified coins.

3. Paper Currency Pricing

The pricing for paper currency depends on the bill’s rarity, condition, and historical significance. Collectors can expect fair market pricing, and the company provides appraisal services to ensure accurate valuation.

4. Jewelry and Watches Pricing

Jewelry and watches are priced based on metal content, craftsmanship, and brand reputation. High-end watches from luxury brands may carry higher price tags, reflecting their market value and demand.

5. Silverware and Other Collectibles Pricing

Silverware and collectibles such as vintage toys and military memorabilia are priced based on their condition, age, and market demand. Prices are competitive, and the company offers appraisal services to assess the value of unique items.

6. Fees and Additional Charges

Customers should be aware of potential additional fees, which may include:

  • Appraisal Fees: Professional appraisals for coins, jewelry, and collectibles may incur a service charge.
  • Transaction Fees: Buying or selling large quantities may involve transaction fees, which are disclosed upfront.
  • Storage Fees: For customers opting to store their purchases securely at the store, storage fees may apply.

Overall, Causeway Coin Company ensures transparency in its pricing structure, providing detailed information to help customers make informed investment and purchasing decisions.

What Do Causeway Coin Company Reviews Say?

#1. He offered me a reasonable price when I brought in some family silver.

In addition, Mike is a very pleasant and affable individual.

He wasn’t raking me over the coals, in my opinion.

I would suggest him and work with him once more.

review 1 of Causeway Coin Company

#2. Fair, honest, and very helpful.

I received good treatment after selling some gold.

I would suggest this place to anyone who is selling pricey jewellery.

review 2 of Causeway Coin Company

#3. I decided it was time to sell the various pieces of gold and silver I had lying about. Mike was always kind and informed when I visited this business. I will return! Regards, Mike. 

review 3 of Causeway Coin Company

#4. Quick & Simple! I went over there on a Friday afternoon after getting a simple price over the phone, and I received a cheque for my gold coin! Fast service and a good price. That’s what’s going on!

review 4 of Causeway Coin Company

Why aren’t There Many Causeway Coin Company Complaints?

Causeway Coin Company has garnered a strong reputation for customer satisfaction, as evidenced by its 4.3-star rating based on 90 reviews on Birdeye.

Additionally, the company has been accredited by the Better Business Bureau (BBB) since June 5, 2024, and holds an A+ rating.

This accreditation reflects the company’s commitment to resolving consumer complaints promptly and maintaining transparency in its business practices.

The limited number of complaints can be attributed to several factors:

  1. Longevity and Experience: Established in 1969, Causeway Coin Company has over five decades of experience in the industry. This extensive history has allowed the company to refine its operations and build lasting relationships with customers.
  2. Transparent Operations: Owner Mike Perkins emphasizes transparency and fairness in all transactions. The company utilizes advanced tools, such as a specialized gold inspection device, to ensure accurate assessments and prevent human error.
  3. Positive Customer Testimonials: Numerous clients have shared their satisfaction with the company’s services. For instance, a customer named Randy mentioned, “I’ve checked out other precious metal dealers in the past but they can’t compare to the service and prices I get when I am dealing with Mike at Causeway Coin Company.”

These factors contribute to the company’s strong reputation and the relative scarcity of customer complaints.

Are There Any Causeway Coin Company Lawsuits?

As of January 22, 2025, there are no publicly available records indicating that Causeway Coin Company has been involved in any lawsuits. The company maintains an A+ rating with the Better Business Bureau (BBB) and has been accredited since June 5, 2024.

This accreditation reflects the company’s commitment to resolving consumer complaints promptly and maintaining transparency in its business practices.

The absence of legal disputes can be attributed to several factors:

  1. Transparent Business Practices: Causeway Coin Company emphasizes transparency and fairness in all transactions. The company utilizes advanced tools, such as a specialized gold inspection device, to ensure accurate assessments and prevent human error.
  2. Positive Customer Feedback: The company has received numerous positive reviews from clients, highlighting satisfaction with services and fair pricing. For instance, a customer named Randy mentioned, “I’ve checked out other precious metal dealers in the past but they can’t compare to the service and prices I get when I am dealing with Mike at Causeway Coin Company.”

These factors contribute to the company’s strong reputation and the absence of legal disputes.

Can You Trust Causeway Coin Company? Is Causeway Coin Company Legit?

Yes, 

They are reputable gold dealers with vast experience.

Before working with a precious metals company, do your research.

Here are some tips to ensure a gold IRA company’s legality:

Tip #1: Check Their Regulatory Compliance and Accreditation

Check for proper licensing and registration with relevant financial regulatory bodies such as the Securities and Exchange Commission (SEC) or Financial Industry Regulatory Authority (FINRA).

Verify the company’s accreditation with industry organizations like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC).

It will help you check how credible they are.

Tip #2: Look into The Company’s Background

  1. Research the company’s history, including years in business and any name changes.
  2. Examine the Better Business Bureau (BBB) rating and accreditation status.
  3. Review customer feedback on reputable third-party review sites like Trustpilot or Consumer Affairs.

Tip #3: Does the Company Offer Good Resources?

  1. Assess the clarity of information provided about fees, storage options, and buyback policies.
  2. Evaluate the quality and depth of educational resources offered to investors.
  3. Verify that the company provides clear information about IRS regulations regarding precious metals IRAs.

Tip #4: What are Their Product Offerings and Pricing?

  1. Ensure the company offers IRS-approved precious metals for IRA investments.
  2. Compare pricing with other reputable dealers to ensure competitiveness.
  3. Be wary of companies pushing numismatic or collectible coins over bullion for IRA investments.

Tip #5: Confirm the Storage and Custodian Partnerships

Verify that the company works with IRS-approved custodians and secure storage facilities. According to IRS’ regulations, you cannot store your gold IRA’s precious metals at your home.

You’ll need a certified third-party storage provider.

Check the company’s storage and custodian partner to ensure you’re working with a reliable firm. Moreover, ensure they offer segregated storage options for your precious metals.

Segregated storage means your owned precious metals products will be stored separately from other investors’ possessions. Similarly, non-segregated storage means your products will be stored along with others.

Keep in mind that storage providers charge extra for segregated storage.

Some popular custodians include Equity Trust and Goldstar Trust.

Red Flags to Watch For in Gold IRA Companies

  1. Promises of guaranteed returns or claims of “secret” investment strategies.
  2. Pressure to act immediately or make large investments without proper consideration.
  3. Lack of physical address or unclear company ownership structure.
  4. Unwillingness to provide detailed information about fees or policies in writing.

By thoroughly evaluating these aspects, investors can make an informed decision about the legitimacy and reliability of a gold IRA company. It’s crucial to conduct due diligence and, if necessary, consult with a financial advisor before making any investment decisions.

Causeway Coin Company Review Summary:

Causeway Coin Company has built a solid reputation as a trusted dealer in precious metals, rare coins, and collectibles in the Greater New Orleans area. Established in 1969, the company has served collectors, investors, and enthusiasts with integrity and professionalism for over five decades. 

One of the primary reasons for its positive standing is its transparent business practices and fair pricing, ensuring customers receive honest appraisals and competitive market rates for their gold, silver, platinum, and palladium products. 

The company specializes in selling a wide array of bullion coins and bars, as well as rare and certified coins graded by reputable agencies such as the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC). 

Customers consistently praise the store for its knowledgeable and friendly staff, who provide expert guidance on investment opportunities and help clients make informed decisions. Furthermore, the company offers a wide range of other collectibles, including paper currency, jewelry, watches, and sterling silverware, catering to a diverse clientele. 

The store’s commitment to customer satisfaction is reflected in its numerous positive online reviews and high ratings on platforms like the Better Business Bureau (BBB) and Birdeye. It has maintained an A+ BBB rating, indicating a high level of trust and minimal customer complaints. 

Transparency, honesty, and reliability are at the core of Causeway Coin Company’s values, with many customers commending the store for its straightforward pricing and no-pressure sales approach. 

The company’s owner, Mike Perkins, brings extensive industry experience and emphasizes accurate assessments using advanced tools, such as specialized gold inspection devices, to ensure fair valuations. 

In addition to in-store services, Causeway Coin Company provides appraisal services, enabling customers to obtain accurate evaluations for their precious items. The store also purchases coins, bullion, and jewelry from individuals, offering competitive rates based on current market values. 

Customers frequently highlight their satisfaction with the ease of transactions and the professional atmosphere of the store. The company’s strong reputation has also resulted in minimal legal disputes or negative publicity, reinforcing its credibility and trustworthiness. 

Overall, Causeway Coin Company is highly recommended for individuals seeking a reputable and experienced dealer in precious metals and collectibles. With a long history of excellence, customer-focused service, and a wide selection of quality products, the company remains a go-to destination for both novice and experienced collectors alike. 

Whether purchasing gold and silver for investment purposes or seeking rare coins to add to a collection, Causeway Coin Company provides a reliable and professional experience that keeps customers returning for years to come.

Causeway Coin Company Reviews: Legit or Not?
Causeway Coin Company Reviews: Legit or Not?

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