Northern Nevada Coin Review: Fees, Inventory, Complaints, and More

7.2/10 (Expert Score)
Product is rated as #93 in category Dealers
7.2Expert Score
Northern Nevada Coin

They specialize in providing people with locally minted collectible coins and enabling them in purchasing precious metals easily.

Trust
7.3
Fees
7
Customer Service
7.5
Reputation
7
Pros
  • Educational Resources
  • Positive Reputation
  • Experienced Team
Cons
  • Limited Online Presence

Northern Nevada Coin, established in 1993 by Allen Rowe, is a distinguished numismatic firm with locations in Carson City, Reno, and Gardnerville, Nevada.

The company has garnered a strong reputation for its specialization in rare coins, particularly those from the historic Carson City Mint, and its commitment to customer service.

The following review will shed more light on the company and its operations.

Let’s get started.

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Unique Highlights of Northern Nevada Coin:

Specialization in Carson City Mint Coins

One of the unique highlights of Northern Nevada Coin is its focus on coins minted at the Carson City Mint, which operated from 1870 to 1893.

These coins, identifiable by the “CC” mintmark, are highly coveted by collectors due to their historical significance and rarity.

Northern Nevada Coin not only deals in these coins but also provides extensive knowledge and expertise, assisting collectors in building comprehensive collections. 

Comprehensive Inventory and Services

The company offers a vast inventory that includes U.S. gold coins, silver dollars, and a variety of rare and collectible coins.

Their user-friendly online platform allows collectors and investors to browse and purchase items with ease.

Additionally, Northern Nevada Coin provides services such as appraisals, grading, and authentication, ensuring that clients receive accurate valuations and genuine products. 

Commitment to Customer Satisfaction

Northern Nevada Coin emphasizes personalized customer service, striving to build lasting relationships with clients.

Their knowledgeable staff offers guidance tailored to individual collecting and investment goals, fostering a trustworthy environment for both novice and experienced numismatists.

This dedication is reflected in their A+ rating from the Better Business Bureau, underscoring their commitment to customer satisfaction. 

Educational Contributions

Beyond transactions, Northern Nevada Coin contributes to the numismatic community by sharing insights and information about coin collecting. Their website features articles and resources that educate enthusiasts about various aspects of numismatics, including the rich history of the Carson City Mint and the significance of specific coin series. 

In summary, Northern Nevada Coin distinguishes itself through its specialization in Carson City Mint coins, comprehensive inventory, commitment to customer satisfaction, and educational contributions to the numismatic community. 

Who are the People Behind Northern Nevada Coin?

Northern Nevada Coin, established in 1993 by Allen Rowe, is a prominent numismatic firm with locations in Carson City, Reno, and Gardnerville, Nevada. The company is led by a dedicated team of professionals committed to providing exceptional service to collectors and investors.

Allen Rowe – Owner and Head Numismatist

Allen Rowe, the founder and owner, has been passionate about coin collecting since his youth. While attending college, he bought and sold coins to cover expenses, eventually choosing to pursue his passion full-time by establishing Northern Nevada Coin.

Allen prioritizes his life around God, family, and coins, and enjoys Nevada’s outdoor activities such as fishing, hunting, camping, and hiking. 

Cindy Rowe – Human Resources Manager

Cindy Rowe serves as the Human Resources Manager at Northern Nevada Coin. She has been associated with the company for an extended period and assists many customers daily.

A lover of the Victorian era, Cindy enjoys examining vintage jewelry and is often seen in pink attire at the office. 

Lisa Whitstone – Executive Assistant

Lisa Whitstone joined Northern Nevada Coin in 2006 after spending over 17 years as a licensed veterinary nurse.

As the Executive Assistant, she manages many office operations and is commonly referred to as the “smiling voice on the phone.” Lisa enjoys working with the team and the company’s customers. 

Tony Latragna – Director of Operations and Senior Numismatist

Tony Latragna is one of the primary numismatists and serves as the Director of Operations. He is also one of the faces customers may encounter at trade shows, representing the company’s expertise in numismatics. 

This team, along with other dedicated professionals, ensures that Northern Nevada Coin maintains its reputation for integrity, expertise, and personalized customer service in the numismatic community.

Does Northern Nevada Coin Offer IRA Services?

Northern Nevada Coin does not offer Individual Retirement Account (IRA) services.

Their primary focus is on buying and selling rare coins, bullion, and providing numismatic services such as appraisals, grading, and authentication.

For investors interested in incorporating precious metals into their retirement accounts, it’s advisable to consult with specialized firms that offer comprehensive IRA services, including account setup, custodial arrangements, and compliance with IRS regulations.

What Products Can You Purchase at Northern Nevada Coin?

Northern Nevada Coin offers an extensive range of products catering to collectors, investors, and enthusiasts in the numismatic and precious metals markets.

With a focus on quality and authenticity, their inventory includes rare coins, bullion, and collectible items. Here’s a detailed look at the products available:

1. Rare Coins

Northern Nevada Coin specializes in rare and collectible coins, offering a curated selection that appeals to both novice and seasoned collectors.

  • Carson City Mint Coins:
    • Coins minted at the historic Carson City Mint, featuring the iconic “CC” mintmark, are a cornerstone of their inventory. These coins are highly sought after for their rarity and historical significance.
    • Examples include Carson City Morgan Dollars and Seated Liberty coins.
  • Pre-1933 U.S. Gold Coins:
    • Rare gold coins like the $20 Saint-Gaudens Double Eagle, $10 Indian Head, and $5 Liberty Head are available in various grades and conditions.
  • Key-Date Coins:
    • Hard-to-find coins from popular series such as Morgan Dollars, Peace Dollars, and Lincoln Cents.
  • Ancient Coins:
    • A selection of coins from ancient civilizations like Rome and Greece for collectors interested in historical artifacts.

2. Bullion Products

For investors, Northern Nevada Coin offers a wide variety of precious metal bullion products, including gold, silver, platinum, and palladium.

  • Gold Bullion:
    • Coins: American Gold Eagles, Canadian Gold Maple Leafs, South African Krugerrands, Austrian Gold Philharmonics.
    • Bars: Sizes range from 1 gram to 1 kilogram, sourced from reputable refineries such as PAMP Suisse and Valcambi.
  • Silver Bullion:
    • Coins: American Silver Eagles, Canadian Silver Maple Leafs, and Silver Britannias.
    • Bars: Available in various sizes, ideal for bulk investments.
    • Rounds: Custom designs with high silver content.
  • Platinum and Palladium Bullion:
    • Coins and bars for portfolio diversification.

3. Numismatic Collectibles

Northern Nevada Coin caters to collectors with a wide array of high-value, graded coins certified by PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation). These include:

  • Proof coins with mirror-like finishes.
  • Mint state coins in original conditions.
  • Limited-edition and special commemorative coins.

4. Foreign Coins

  • A selection of coins from international mints, including sovereign gold coins like British Gold Sovereigns and Mexican Gold Pesos.
  • Silver coins such as Australian Kookaburras and Chinese Silver Pandas.

5. U.S. Currency

Northern Nevada Coin also deals in collectible U.S. paper currency, such as:

  • Large-size notes from the 19th and early 20th centuries.
  • Silver certificates and Federal Reserve notes.
  • Error notes and other rare bills.

6. Specialty Items and Sets

  • Commemorative Coins: Celebrating significant historical events or anniversaries.
  • Coin Sets: Proof and mint sets from the U.S. Mint, including complete series or year-specific collections.

7. Gold and Silver Jewelry

  • Unique pieces crafted from gold and silver, appealing to those looking for investment-grade jewelry.

8. Appraisal and Authentication Services

While not a physical product, Northern Nevada Coin provides expert appraisal and authentication services for collectors who want to verify the value and authenticity of their collections.

Northern Nevada Coin offers a diverse range of products that cater to both collectors and investors. Their inventory stands out for its focus on rare and historic coins, particularly those from the Carson City Mint, and a wide selection of high-quality bullion products. Whether you are looking to start a collection, expand an investment portfolio, or acquire a piece of history, Northern Nevada Coin provides a trusted and comprehensive platform to meet your needs.

Northern Nevada Coin Fees and Pricing:

Northern Nevada Coin, established in 1993, is a reputable dealer specializing in rare coins and precious metals. Understanding their fees and pricing structure is essential for potential buyers and sellers. Here’s a detailed overview:

Product Pricing:

  • Rare Coins: Prices for rare and collectible coins are determined by factors such as rarity, condition, demand, and current market trends. Northern Nevada Coin provides detailed listings with high-resolution images and descriptions to help customers make informed decisions.
  • Bullion Products: Bullion items, including gold and silver coins and bars, are priced based on the current spot price of the metal plus a premium. This premium covers manufacturing costs, distribution, and a modest profit margin. For example, as of September 24, 2024, the spot price for gold was $2,659.60 per ounce, and for silver, it was $30.40 per ounce.

Shipping and Handling Fees:

  • Gold Bullion:
    • Orders under $2,000: $12.00 fee.
    • $2,000 to $10,000: $20.00 fee.
    • $10,000 to $75,000: $35.00 fee per package.
    • $75,000 to $150,000: $70.00 fee per package via FedEx Express.
  • Silver Bullion:
    • Up to 100 oz: $12.00 fee.
    • 101 oz to 399 oz: $30.00 fee.
    • 400 oz to 900 oz: $35.00 fee per package.
  • American Silver Eagles:
    • Orders under $500: $12.00 fee.
    • Orders of $500 or more (up to 99 pieces): Free shipping.
    • Orders of 100 pieces or more: Silver bullion shipping rates apply.
    • Monster Box (500 pieces) with sealed U.S. Mint box: $50.00 shipping charge via FedEx Ground.
    • Without sealed U.S. Mint box: $35.00 shipping charge via USPS Priority Mail (Adult Signature).
  • U.S. 90% Silver Coins:
    • $35.00 per $1,000 face value, with a minimum charge of $12.00 per $100 face value.
    • Maximum shipping charge: $35.00 per package.

Payment Methods:

  • Northern Nevada Coin accepts various payment methods, including cash, personal checks, money orders, and bank wires. Credit cards are accepted for certain purchases but may not be applicable for bullion transactions. It’s advisable to confirm acceptable payment methods for specific transactions directly with the company.

Layaway Policy:

  • For orders totaling more than $500.00, Northern Nevada Coin offers a layaway option:
    • Requires four monthly payments of 25% of the total order, with the first payment due at the time of placing the order.
    • Defaulting on a layaway results in a charge totaling 25% of the total order.
    • Standard return privileges do not apply to layaway items.

Appraisal Services:

  • Northern Nevada Coin offers in-house appraisal services at a rate of $100 per hour. For in-court services, the rate is $400 per hour. Off-site appraisal fees may vary depending on travel time and resources required.

Additional Considerations:

  • Prices and fees are subject to change based on market conditions and company policies. It’s recommended to contact Northern Nevada Coin directly or visit their official website for the most current information.

In summary, Northern Nevada Coin provides transparent pricing and a clear fee structure for their products and services, ensuring customers can make informed decisions when buying, selling, or appraising rare coins and precious metals.

What Do Northern Nevada Coin Reviews Say?

Northern Nevada Coin, established in 1993, has garnered a strong reputation in the numismatic community, reflected in numerous customer reviews across various platforms. Here’s an overview of their ratings and customer feedback:

Birdeye Reviews:

  • Carson City Location: Northern Nevada Coin’s Carson City branch has received a 4.7 out of 5-star rating based on 225 reviews. Customers frequently commend the professionalism and knowledge of the staff. One reviewer mentioned, “These guys are great. Lori, Gill, thank you so much. NNC always has my business.”
  • Gardnerville Location: The Gardnerville branch holds a 4.8 out of 5-star rating from 76 reviews. Patrons appreciate the expertise and customer-oriented approach of the team. A satisfied customer noted, “Excellent selection of coins, topped off by an honest customer-oriented staff. I won’t shop anywhere else.”

Google Reviews:

  • On Google, Northern Nevada Coin has a 4.5 out of 5-star rating based on 79 reviews. Clients praise the company’s excellent customer service, professionalism, and expertise. One reviewer stated, “The staff was knowledgeable and friendly, and they offered fair prices for the coins I was looking to sell.” 

Trustburn Reviews:

  • Northern Nevada Coin has a 4.1 out of 5-star rating on Trustburn, based on 9 reviews. Customers highlight the user-friendly website, prompt shipping, and quality of coins. A reviewer mentioned, “The coins I received were in pristine condition, just as described on the website.” 

Better Business Bureau (BBB):

  • Northern Nevada Coin holds an A+ rating from the BBB, reflecting its commitment to customer satisfaction and ethical business practices. However, it’s important to note that the company is not BBB accredited.

Customer Feedback Highlights:

  • Positive Aspects:
    • Customers frequently commend the knowledgeable and friendly staff, emphasizing their professionalism and willingness to assist.
    • The quality and authenticity of the coins and bullion offered are often highlighted, with patrons expressing satisfaction with their purchases.
    • The user-friendly online platform and efficient shipping processes are appreciated by clients, enhancing the overall buying experience.
  • Areas for Improvement:
    • Some customers have noted limited physical locations, which may pose challenges for those unable to visit in person.
    • A few reviews mention a relatively small online presence compared to larger dealers, suggesting potential for expanding digital engagement.

Why aren’t There Many Northern Nevada Coin Complaints?

There are relatively few complaints about Northern Nevada Coin because the company has established a reputation for integrity, expertise, and exceptional customer service. Here’s a detailed explanation of the reasons behind the minimal volume of complaints:

Longevity and Reputation

  • Decades of Experience: Founded in 1993, Northern Nevada Coin has over 30 years of experience in the numismatic and bullion markets, giving it a solid reputation for reliability.
  • Specialization in Rare Coins: Their focus on rare and collectible coins, especially those from the Carson City Mint, attracts a niche audience of serious collectors who value expertise and authenticity.

Commitment to Quality

  • High-Quality Products: Northern Nevada Coin offers a curated selection of rare coins, bullion, and collectibles that meet strict quality standards.
  • Authenticity Assurance: Their inventory includes certified coins graded by reputable organizations such as PCGS and NGC, reducing concerns about counterfeits or misrepresentations.

Transparent Pricing

  • Upfront Pricing: Pricing for bullion and rare coins is clear and tied to market spot prices or numismatic value, eliminating hidden costs or unexpected fees.
  • Detailed Listings: Customers are provided with high-resolution images and detailed descriptions of coins, ensuring transparency in every transaction.

Exceptional Customer Service

  • Knowledgeable Staff: The company’s team of numismatists and customer service representatives are highly trained, offering expert guidance tailored to individual needs.
  • Personalized Attention: Northern Nevada Coin takes the time to understand each customer’s goals, whether they are collectors, investors, or first-time buyers, fostering long-term relationships.

Efficient Issue Resolution

  • Proactive Communication: The company addresses customer concerns promptly, ensuring that potential issues are resolved before they escalate.
  • Focus on Customer Satisfaction: Their commitment to resolving disputes amicably reflects their emphasis on maintaining trust and goodwill.

Educational Resources

  • Informative Content: Northern Nevada Coin educates clients through their website, providing resources on numismatics, market trends, and the history of coins, helping customers make informed decisions.
  • Empowered Customers: By equipping clients with knowledge, they reduce misunderstandings that could lead to dissatisfaction.

Loyal Customer Base

  • Repeat Business: The company enjoys strong loyalty from collectors and investors who trust their expertise and ethical practices.
  • Community Engagement: Northern Nevada Coin’s deep ties to the local community and numismatic circles contribute to their positive reputation.

Strong Online and Offline Presence

  • Transparent Online Platform: Their website offers a seamless buying experience, with clear terms and conditions for purchases, shipping, and returns.
  • Well-Maintained Physical Locations: With stores in Carson City, Reno, and Gardnerville, the company provides in-person services that enhance trust.

Northern Nevada Coin’s dedication to transparency, quality, and personalized customer service minimizes complaints. Their proactive approach to resolving issues, coupled with a strong reputation in the numismatic community, fosters trust and loyalty among clients. While no company is immune to criticism, Northern Nevada Coin’s practices and values ensure that most customers have positive experiences, keeping complaints to a minimum.

Are There Any Northern Nevada Coin Lawsuits?

No.

There aren’t any lawsuits involving this coin dealer.

Can You Trust Northern Nevada Coin? Is Northern Nevada Coin Legit?

Yes.

Northern Nevada Coin is a legit company.

Overall, Northern Nevada Coin maintains a strong reputation among its clientele, with high ratings across multiple review platforms. 

The consistent praise for their knowledgeable staff, quality products, and customer service underscores their standing as a reputable dealer in the numismatic community. 

Prospective customers can consider these reviews as a testament to the company’s commitment to excellence.

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.

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Northern Nevada Coin Review Summary:

For the locals, NNC is an excellent prospect.

They have a long legacy coupled with a strong positive reputation cultivated through helping people find numismatic coins easily.

What are your thoughts on this company? Let us know in the comments.

Northern Nevada Coin Review: Fees, Inventory, Complaints, and More
Northern Nevada Coin Review: Fees, Inventory, Complaints, and More

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