Lone Star Coins Reviews: Legit or Not?

7.5/10 (Expert Score)
Product is rated as #155 in category Dealers
7.6Expert Score
Lone Star Coins

We found out that this bullion dealer has been serving customer since 1978 and as a result, has established a respectable presence in San Antonio, Texas.

Trust
7.6
Fees
7.9
Customer Service
7.2
Reputation
7.5
Pros
  • Competitive Pricing
  • Transparent Transactions
  • Fast and Reliable Shipping
Cons
  • No Known Return Policy for Bullion
  • Limited Online Presence

Lone Star Coins: Unique Highlights Overview

Lone Star Coins, established in 1978, is a prominent dealer specializing in gold and silver coins, currency, and collectibles. Based in San Antonio, Texas, the company has built a reputation for its extensive inventory and commitment to quality. 

Operating from their location at 2622 NW Loop 410, they serve both local and online customers.

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1. Extensive Inventory

Lone Star Coins offers a wide range of products catering to collectors and investors:

  • U.S. Coins: A comprehensive selection of coins from various periods of American history.
  • Bullion Coins: Investment-grade gold and silver coins for those looking to invest in precious metals.
  • World Coins: A variety of international coins for global collectors.
  • Currency: Collectible paper money from different eras and countries.
  • Collectibles: Unique items that appeal to a broad range of interests.

2. PCGS Authorized Dealer

As a Professional Coin Grading Service (PCGS) Authorized Dealer, Lone Star Coins adheres to high standards of coin grading and authenticity. This affiliation provides customers with confidence in the quality and value of their purchases.

3. Experienced Leadership

The company is led by Dewey Bolton, who brings extensive knowledge and expertise to the business. Under his guidance, Lone Star Coins has maintained a strong presence in the numismatic community.

4. Online Presence

In addition to its physical store, Lone Star Coins operates an eBay store, expanding its reach to a global audience. This platform allows customers to browse and purchase items conveniently online.

5. Community Engagement

With decades of experience, Lone Star Coins has established itself as a trusted resource for collectors and investors in the San Antonio area and beyond. Their commitment to quality products and customer satisfaction has solidified their reputation in the industry.

Lone Star Coins stands out for its extensive inventory, industry affiliations, and experienced leadership. Whether you’re a seasoned collector or new to numismatics, Lone Star Coins offers a reliable and knowledgeable resource for your collecting and investing needs.

What is the Lone Star Coins?

Lone Star Coins is a family-owned and operated retailer specializing in bullion, luxury jewelry, and collectibles, with over 30 years of combined experience in the industry. Based in San Antonio, Texas, the company has established itself as a premier destination for both collectors and investors.

Product Offerings

Lone Star Coins boasts an extensive inventory that caters to a wide range of interests:

  • Bullion: The company offers a variety of gold and silver bullion products, including popular items like American Gold Eagles, Canadian Maple Leafs, and South African Krugerrands. They also provide gold and silver bars in various weights.
  • Luxury Jewelry: Their selection includes high-end timepieces from renowned brands such as Rolex and Omega, as well as a variety of bracelets, rings, and other fine jewelry pieces.
  • Collectibles: Beyond bullion and jewelry, Lone Star Coins offers a range of collectibles, appealing to diverse collector interests.
logo of Lone Star Coins

Online Presence

In addition to its physical store, Lone Star Coins maintains a robust online presence:

  • Official Website: Customers can browse and purchase products directly through their website, which features detailed listings of their inventory.
  • eBay Store: For those who prefer shopping on eBay, Lone Star Coins operates an eBay store where they list a variety of coins, bullion, and collectibles.

Industry Recognition

Lone Star Coins is recognized as a Professional Coin Grading Service (PCGS) Authorized Dealer, underscoring their commitment to quality and authenticity in numismatics.

Customer Experience

The company has received positive feedback from customers, with reviews highlighting their extensive inventory and knowledgeable staff.

Location and Contact Information

Lone Star Coins is located at 2622 NW Loop 410, San Antonio, TX 78230. They can be reached by phone at (210) 735-7131.

In summary, Lone Star Coins stands out as a reputable and comprehensive source for bullion, luxury jewelry, and collectibles, serving both local and online communities with a commitment to quality and customer satisfaction.

Who are the People Behind Lone Star Coins?

Lone Star Coins, located in San Antonio, Texas, is a family-owned and operated retailer specializing in bullion, luxury jewelry, and collectibles. The team boasts over 30 years of combined experience in serving the numismatic community.

The business is managed by proprietor Mr. Fernando Martinez, who serves as the principal contact for the company.

Customer reviews highlight positive interactions with the staff at Lone Star Coins. For instance, one reviewer mentioned consulting with owner Joe Heggy regarding an inherited coin collection, noting his helpfulness and reasonable service fee.

The combined expertise of the team at Lone Star Coins ensures a knowledgeable and customer-focused experience for those interested in coins, bullion, and related collectibles.

Does Lone Star Coins Offer IRA Services?

Lone Star Coins, based in San Antonio, Texas, is a family-owned retailer specializing in bullion, luxury jewelry, and collectibles. While their primary focus is on these products, they do not explicitly advertise Individual Retirement Account (IRA) services on their official website.

However, another Texas-based company, Lone Star Bullion, offers services related to precious metals IRAs. They provide options for investing in gold and silver through bullion, coins, and IRAs.

For those interested in incorporating precious metals into their retirement planning, it’s essential to work with a reputable custodian specializing in self-directed IRAs. GoldStar Trust Company, for instance, is a leading custodian offering specialized services for self-directed IRAs, including precious metals investments.

In summary, while Lone Star Coins does not appear to offer IRA services, Lone Star Bullion does provide such options. When considering precious metals IRAs, partnering with a specialized custodian like GoldStar Trust Company can ensure compliance with IRS regulations and guide the investment process.

What Products Can You Purchase at Lone Star Coins?

Lone Star Coins, a family-owned and operated retailer based in San Antonio, Texas, has been serving collectors and investors for over 30 years. The company offers a diverse range of products, including bullion, luxury jewelry, and collectibles, catering to both novice enthusiasts and seasoned collectors.

Bullion Products

For investors seeking precious metals, Lone Star Coins provides an extensive selection of bullion products. Their inventory includes popular items such as:

  • Silver American Eagles: These 1-ounce silver coins are highly sought after for their purity and liquidity.
  • Gold Krugerrands: Recognized globally, these 1-ounce gold coins are a staple for gold investors.
  • Gold Canadian Maple Leafs: Known for their high purity, these 1-ounce gold coins feature the iconic maple leaf design.
  • Gold Buffalos: These 1-ounce gold coins are admired for their design and purity.
  • Gold Bars: Available in 1-ounce denominations, these bars offer a compact way to invest in gold.
product of Lone Star Coins

These products are available for purchase through their online store.

Luxury Jewelry

Beyond bullion, Lone Star Coins boasts a curated collection of luxury jewelry. Their offerings encompass:

  • Watches: Featuring prestigious brands like Rolex and Omega, the selection ranges from classic Datejusts to elegant timepieces.
  • Rings: A variety of rings, including diamond engagement rings and elegant bands, are available to suit different tastes.
  • Bracelets: The collection includes both classic and contemporary designs, catering to various style preferences.
  • Necklaces: A range of necklaces, from statement pieces to subtle chains, is offered for different occasions.
  • Earrings: The selection features earrings suitable for both everyday wear and special events.

These jewelry pieces are showcased on their website.

product of Lone Star Coins

Collectibles

Catering to numismatic enthusiasts, Lone Star Coins offers a variety of collectibles, including:

  • U.S. Coins: A selection of coins from various periods of American history.
  • Non-U.S. Coins: Coins from different countries, provide a global perspective for collectors.
  • Currency: Various forms of currency, including large-size notes and foreign bills.
  • Military Collectibles: Items related to military history, appealing to specialized collectors.

These collectibles are available through their eBay store.

product of Lone Star Coins

Shopping Experience

Lone Star Coins operates both an online store and a physical location in San Antonio. Their website is user-friendly, allowing customers to browse categories such as bullion, jewelry, and collectibles. Detailed product descriptions and high-quality images assist buyers in making informed decisions.

For those who prefer an in-person experience, the San Antonio store provides an opportunity to view products firsthand and consult with knowledgeable staff. The store’s address and operating hours are available on their website.

Customer Feedback

Customer reviews highlight positive experiences with Lone Star Coins. One reviewer noted consulting with owner Joe Heggy regarding an inherited coin collection, mentioning his helpfulness and reasonable service fee. Another customer praised the store for its wide selection and knowledgeable staff.

In summary, Lone Star Coins offers a comprehensive range of products for collectors and investors alike. Their extensive inventory, combined with decades of experience, makes them a notable destination for those interested in bullion, luxury jewelry, and collectibles.

Lone Star Coins Fees and Pricing:

Lone Star Coins, based in San Antonio, Texas, has been a trusted retailer of bullion, luxury jewelry, and collectibles for over 30 years. They offer a diverse selection of products, including gold and silver bullion, watches, bracelets, rings, and various collectibles. 

Their inventory features items such as the Silver American Eagle 1 oz coin, Gold Krugerrand 1 oz coin, and Rolex watches.

Pricing for bullion products is competitive and varies based on the specific item. For instance, the Silver American Eagle 1 oz coin is priced from USD 36.15, while the Gold Krugerrand 1 oz coin is available from USD 2,829.75. These prices are subject to change based on market fluctuations.

In addition to their main website, Lone Star Coins operates an eBay store where they list a variety of items, including mixed lots of classic U.S. collectible coins and other unique pieces.

For custom products like challenge coins, pricing is tailored based on factors such as design complexity, chosen metals, finish, and any special additions. They provide free artwork, unlimited revisions, and free priority shipping. Mold fees are included for orders of 300 or more.

For the most accurate and up-to-date pricing, it’s recommended to visit Lone Star Coins’ official website or contact them directly.

What Do Lone Star Coins Reviews Say?

#1. stopped in Lone Star Coins, and working with them was a breeze. They had excellent deals, and I appreciated that they showed their purchase and sell prices in plain sight. large stock of bullion in gold and silver. Additionally, possesses some lovely collectibles.

review 1 of Lone Star Coins

#2. Overall, I had a wonderful experience. I got fair value for all of my coins, and the staff was a pleasure to work with. Coming back soon!

review 2 of Lone Star Coins

#3. They were incredibly polite and educated, and I had a terrific time at Lone Star. I got a terrific deal when I came in to sell some ancient gold coins that I had owned for a long time. Nick was really helpful, and I will use them again.

review 3 of Lone Star Coins

#4. The staff was incredibly accommodating, helpful, and attentive. In the end, I received a comparable price for my goods, thus I plan to come back here again.

review 4 of Lone Star Coins

Why aren’t There Many Lone Star Coins Complaints?

Lone Star Coins, a prominent retailer in San Antonio, Texas, has garnered a reputation for customer satisfaction, as evidenced by the limited number of complaints associated with their services. Several factors contribute to this positive standing:

Consistently Positive Feedback

On platforms like eBay, Lone Star Coins maintains a 99% positive feedback rating, with 964 positive reviews, 7 neutral, and only 1 negative in the past 12 months. Customers frequently praise the accuracy of item descriptions, reasonable shipping costs, prompt delivery, and effective communication.

Transparent Pricing and Fair Deals

Customers appreciate Lone Star Coins for their transparent pricing and fair offers. One reviewer noted, “Stopped in Lone Star Coins, and they were very easy to work with. Their prices were really good, and I like that they display both their buy and sell prices.”

High-Quality Customer Service

The company is recognized for its outstanding customer service. On their eBay store, they are noted as a “Top Rated Seller” who “consistently delivers outstanding customer service.”

Positive In-Store Experiences

In-person interactions at their San Antonio location have been favorable. A customer shared, “Had a great experience overall. The people there were super easy to deal with and gave me fair value for all of my coins. Will be back soon!”

While Lone Star Coins is not accredited by the Better Business Bureau (BBB), this lack of accreditation does not necessarily reflect negatively on their operations. BBB accreditation requires businesses to meet specific standards and pay a fee, and some businesses choose not to pursue this certification.

In summary, the scarcity of complaints against Lone Star Coins can be attributed to their commitment to transparent pricing, high-quality customer service, and the consistently positive experiences reported by their clientele.

Are There Any Lone Star Coins Lawsuits?

As of January 2025, there is no publicly available information indicating that Lone Star Coins, a San Antonio-based retailer specializing in bullion, luxury jewelry, and collectibles, has been involved in any lawsuits. 

The company maintains a strong reputation for customer satisfaction, as evidenced by its 99.9% positive feedback rating on eBay, with 967 positive reviews and only one negative review in the past 12 months.

It’s important to note that Lone Star Coins is distinct from other entities with similar names, such as Lone Star Funds and Lone Star National Bank, which have been involved in legal proceedings. For instance, Lone Star Funds faced a lawsuit over mortgage practices in 2016, and investors were awarded $2.5 million from Lone Star National Bank in a separate case.

These organizations are separate from Lone Star Coins and operate in different industries. The absence of legal issues involving Lone Star Coins may be attributed to their commitment to transparent pricing, high-quality customer service, and consistently positive customer experiences. 

While the company is not accredited by the Better Business Bureau (BBB), this lack of accreditation does not necessarily reflect negatively on their operations, as BBB accreditation is a voluntary process.

In summary, there is no evidence of any lawsuits involving Lone Star Coins, suggesting a strong track record of ethical business practices and customer satisfaction, 

Can You Trust Lone Star Coins? Is Lone Star Coins 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.

Lone Star Coins Review Summary:

Lone Star Coins, a well-established retailer based in San Antonio, Texas, has earned a strong reputation in the precious metals and collectibles market. Specializing in bullion, luxury jewelry, and numismatic coins, the company has built a loyal customer base by offering fair pricing, transparent transactions, and exceptional customer service. 

Customers frequently praise the business for its competitive buy and sell prices, knowledgeable staff, and smooth transaction processes. Online, Lone Star Coins maintains a stellar reputation, particularly on eBay, where it boasts a 99.9% positive feedback rating, with nearly all customers commending the accuracy of product descriptions, reasonable shipping costs, and timely deliveries. 

Additionally, in-person experiences at their retail location are generally positive, with visitors highlighting the professionalism and honesty of the staff. The company’s commitment to customer satisfaction is a major reason why complaints are rare, and there are no known lawsuits associated with Lone Star Coins. 

While the business is not accredited by the Better Business Bureau (BBB), this does not appear to impact its credibility, as BBB accreditation is optional and not necessarily an indicator of trustworthiness. Overall, Lone Star Coins stands out as a reputable and reliable dealer for those looking to buy or sell precious metals, jewelry, or collectible coins, making it a solid choice for both investors and collectors.

Lone Star Coins Reviews: Legit or Not?
Lone Star Coins Reviews: Legit or Not?

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