San Diego Coin and Bullion: Unique Highlights Overview
San Diego Coin & Bullion is a premier destination for collectors and investors in the San Diego area, offering a range of unique features that distinguish it from other dealers:
Find the Best Gold IRA Company of Your State
1. Extensive Inventory of Rare and Collectible Coins
- U.S. Coins: Specializes in a comprehensive selection of U.S. coins, including early copper coins, silver dollars, and gold coins, catering to both novice and seasoned collectors.
- Ancient and World Coins: Offers coins from ancient civilizations such as Greek, Roman, and Byzantine eras, as well as modern world coins, allowing collectors to own tangible pieces of history.
- Commemorative Coins: Provides a variety of commemorative coins that honor significant events, leaders, and cultural landmarks, appealing to collectors interested in numismatic history.
2. Competitive Pricing and Transparent Transactions
- Fair Market Value: Committed to offering competitive prices for both buying and selling, ensuring clients receive fair market value for their items.
- Educational Approach: Emphasizes transparency and education, helping clients understand the grading and valuation process to make informed decisions.
3. Professional Appraisal and Evaluation Services
- Expert Appraisals: Provides professional appraisal services for coins and precious metals, assisting clients in understanding the value of their collections.
- Free Evaluations: Offers complimentary evaluations, fostering trust and long-term relationships with clients.
4. Secure and Convenient Location
- Centrally Located Showroom: Situated in Kearny Mesa, the showroom is easily accessible for clients in the San Diego area, providing a secure and professional environment for transactions.
5. Positive Customer Feedback
- Reputation for Excellence: Recognized for exceptional customer service, knowledgeable staff, and a wide selection of products, earning positive reviews from clients.
These unique highlights make San Diego Coin & Bullion a trusted and reputable choice for individuals interested in buying, selling, or appraising coins and precious metals in the San Diego region.
Who are the People Behind San Diego Coin and Bullion?
San Diego Coin & Bullion is led by a team of experienced professionals dedicated to providing exceptional service in the numismatic and precious metals industry. The key individuals include:
Michael McConnell – President
Michael McConnell serves as the President of San Diego Coin & Bullion. With over 30 years of experience in the coin business, he is a member of the American Numismatic Association (ANA) and a Certified Coin Dealer (CCD) accredited by the Professional Numismatists Guild (PNG). Since founding the company in 1995, McConnell has expanded its offerings from rare coins to a wide variety of coins, bullion, and currency, including appraisals, grading, and authentication services.
He is a well-respected figure in the coin community, having been featured in publications like Coin World and Numismatic News, and is a frequent speaker at coin shows and conventions.
Chad Martin – Contact Person
Chad Martin is listed as a contact person for San Diego Coin & Bullion, indicating his involvement in the company’s operations.
Samiento Diago – Branch Manager
Samiento Diago serves as the Branch Manager at San Diego Coin & Bullion. With over 15 years of experience in the financial industry, he has a strong background in banking operations, customer service, and financial management.
Diago’s leadership and dedication have positively impacted the growth and success of the company, ensuring it continues to thrive as a trusted institution serving the local community’s needs.
What Products Can You Purchase at San Diego Coin and Bullion?
San Diego Coin & Bullion specializes in a wide range of coins, precious metals, and collectible items, catering to both investors and collectors. Here’s a detailed overview of their product offerings:
1. Rare and Collectible Coins
U.S. Coins
- Silver Dollars:
- Morgan Silver Dollars (1878–1921)
- Peace Silver Dollars (1921–1935)
- Gold Coins:
- Pre-1933 U.S. Gold Coins (e.g., $5 Liberty, $10 Indian Head, and $20 Saint-Gaudens Double Eagle)
- Commemorative U.S. Gold Coins
- Other U.S. Coins:
- Early copper coins like Large Cents and Half Cents
- Barber Dimes, Quarters, and Half Dollars
- Walking Liberty and Franklin Half Dollars
- Lincoln Wheat Pennies and Buffalo Nickels
World Coins
- Coins from a variety of countries, including:
- British Sovereigns
- Canadian Maple Leafs
- Mexican Pesos
- Austrian Philharmonics
Ancient Coins
- Greek, Roman, and Byzantine Coins:
- Coins from ancient civilizations, appealing to collectors interested in historical artifacts.
2. Precious Metals Bullion
Gold Bullion
- Bars:
- Various sizes, from 1 gram to 1 kilogram, sourced from reputable refineries like PAMP Suisse and Credit Suisse.
- Coins:
- Popular investment-grade coins such as:
- American Gold Eagle
- Canadian Gold Maple Leaf
- South African Krugerrand
- Australian Kangaroo
- Popular investment-grade coins such as:
Silver Bullion
- Bars:
- Weight options ranging from 1 oz to 100 oz, including branded bars from Johnson Matthey and Engelhard.
- Coins:
- Investment-grade coins, including:
- American Silver Eagle
- Canadian Silver Maple Leaf
- British Silver Britannia
- Investment-grade coins, including:
Platinum and Palladium Bullion
- Platinum:
- American Platinum Eagle coins
- Platinum bars of varying weights
- Palladium:
- Canadian Palladium Maple Leaf
- IRA-eligible palladium bars
3. Numismatic Items
- Certified Coins:
- Coins graded and authenticated by PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation).
- Error Coins:
- Coins with mint errors, highly sought after by collectors.
- Commemorative Coins:
- Coins issued to celebrate historical events, leaders, or milestones.
4. Paper Currency
- U.S. Currency:
- Large-size notes like Silver Certificates and Gold Certificates
- Confederate currency
- Fractional currency notes
- World Currency:
- Historical and modern banknotes from various countries.
5. Specialty and Themed Items
- Sets and Collections:
- Pre-assembled coin sets, including proof and mint sets.
- Themed collections such as U.S. State Quarters or National Park quarters.
- Custom Displays:
- Coins presented in unique display cases or packaging.
6. Investment Starter Kits
- Ideal for new investors, including small denominations of gold, silver, or platinum bullion paired with educational materials.
7. Appraisal and Auction Services
While not a product, these services support collectors and investors:
- Appraisals:
- Expert evaluation of coins, bullion, and collections.
- Auctions:
- Opportunities to bid on rare coins and collectibles.
8. Buyback Services
- Precious Metals:
- San Diego Coin & Bullion offers competitive buyback pricing for gold, silver, platinum, and palladium bullion.
- Rare Coins:
- They buy individual rare coins or entire collections.
9. Supplies and Accessories
- Storage and Display Supplies:
- Coin albums, holders, and protective cases.
- Magnification Tools:
- Loupes and magnifiers for examining coins.
- Cleaning and Preservation Kits:
- Tools and materials for safely cleaning and maintaining numismatic items.
Why Choose San Diego Coin & Bullion?
- Extensive Inventory:
- One of the most diverse selections of coins and bullion in the San Diego area.
- Expert Guidance:
- Knowledgeable staff ready to assist with selecting items for investment or collection.
- Trust and Transparency:
- Fair pricing and a commitment to customer satisfaction.
San Diego Coin & Bullion offers a comprehensive selection of products, from investment-grade bullion to rare collectible coins and world currency. Whether you’re a seasoned investor or a new collector, their inventory and expert services make them a trusted source for precious metals and numismatics.
San Diego Coin and Bullion Fees and Pricing:
San Diego Coin & Bullion is a reputable dealer specializing in coins and precious metals, offering competitive pricing and transparent transactions. Here’s an overview of their fees and pricing structure:
Competitive Pricing on Precious Metals
- Market-Based Rates: San Diego Coin & Bullion prices their gold, silver, and platinum products based on current market spot prices, ensuring fair and competitive rates for buyers and sellers.
- Transparent Transactions: The company emphasizes transparency in pricing, providing clear information to customers to facilitate informed buying and selling decisions.
Buying and Selling Coins
- Free Evaluations: They offer complimentary evaluations of coins and precious metals, assisting customers in understanding the value of their items without any initial cost.
- Fair Offers: San Diego Coin & Bullion is known for making fair offers on items they purchase, reflecting current market values and the specific attributes of the coins or metals.
Payment Methods and Associated Fees
- Accepted Payment Methods: For purchases, they accept various payment methods, including cash, cashier’s checks, bank wires, and personal checks. Credit cards may not be accepted for bullion purchases due to associated fees.
- Check Clearance: When paying by personal check, the items will be released once the check clears, typically within seven business days.
- Cash Transactions: Cash purchases exceeding $10,000 require the completion of IRS Form 8300, in compliance with federal regulations. Bank wires and cashier’s checks do not necessitate this form, regardless of the amount.
Shipping and Handling
- In-Store Transactions: San Diego Coin & Bullion primarily conducts in-store transactions, allowing customers to inspect items personally and complete purchases on-site.
- Shipping Services: While their primary focus is on in-person transactions, customers interested in shipping options should inquire directly with the store for details on availability, costs, and insurance coverage.
Appraisal Services
- Professional Appraisals: They provide professional appraisal services for coins and precious metals, offering expert evaluations to determine the value of items.
- Associated Fees: Customers should contact the store directly to inquire about any fees related to appraisal services, as specific pricing details are not publicly listed.
Storage and Security
- Secure Transactions: The store ensures secure handling of all transactions, providing a safe environment for buying and selling precious metals and coins.
- Storage Solutions: While primarily a retail establishment, customers seeking storage options for their purchases should discuss available solutions directly with the store.
What Do San Diego Coin and Bullion Reviews Say?
San Diego Coin & Bullion has received a range of customer feedback across various platforms, reflecting both positive experiences and areas for improvement. Here’s a detailed overview of their reviews:
Customer Ratings
- Birdeye:
- The business holds a 4.4 out of 5-star rating, based on 174 reviews. Customers frequently commend the store’s extensive selection and professional service.
- Better Business Bureau (BBB):
- San Diego Coin & Bullion has an A+ rating; however, it is not BBB accredited. The BBB lists an average customer review rating of 3 out of 5 stars, based on 2 reviews.
- Numista:
- The store has a 4.4 out of 5-star rating, based on 143 Google reviews. Customers appreciate the knowledgeable staff and fair pricing.
Positive Feedback
- Professionalism and Knowledge:
- Many customers highlight the staff’s expertise and willingness to educate buyers, making transactions informative and comfortable.
- Fair Pricing:
- Several reviews mention receiving competitive offers for their items, with some noting payouts exceeding expectations.
- Customer Service:
- Patrons appreciate the friendly and attentive service, with prompt assistance even during busy times.
Constructive Criticism
- Inventory Management:
- A few customers have reported issues with the availability of items, noting instances where products listed online were out of stock during attempted purchases.
- Valuation Discrepancies:
- Some patrons express concerns over the valuations offered for certain items, suggesting that offers were lower than expected based on their own research.
- Some patrons express concerns over the valuations offered for certain items, suggesting that offers were lower than expected based on their own research.
Examples of San Diego Coin Reviews:
He wanted to update his review since he found a QR code inside his purchase bag. He had spent years buying collectible coins and bullion at San Diego Coin and Bullion and all over San Diego, and nothing had changed; it was still the best coin shop. He was a repeat customer of every coin shop in San Diego. Every dealer conducted business differently, and every other coin shop in San Diego remained great shops.
It was nice to have a coin shop in a big parking lot. Every other shop had limited parking space, so if someone happened to go on any day to any other coin shop, they had to rely on luck to find a place to park.
When they did find a spot, if two or more customers were inside, they had to wait to get buzzed in, which was also really nice.
Also this is the coin shop with the most space inside all the other ones have a bunch of stuff everywhere because they also buy antiques and jewelry so it can be a little annoying reaching a side of the store if there’s literally 2 customers no issue with that here also since you aren’t buzzed in you don’t have that sense of urgency that you have to be quick because there’s other people outside waiting to get in so if you want to come in look at the coins take your time also inquire anytype of information or might have a question let me tell you both Chad and Jeff at sdcb will most likely have that answer or information for you they’ve only been dealer pretty much their whole lives, and the silver the gold private minted and sovereign is the biggest and best in all of San diego as well the coins I don’t know where to begin by far the most well organized one side of the store world coins the other American coins and notes priced extremely well and also represented in grades that are spot on.
The employees, all three of them, had been extremely polite and professional with every customer. The reviews from people calling this place small and unprofessional did not make any sense. He noted that it was the biggest coin shop in San Diego.
As a business, it did not make sense to treat potential customers in such a manner.
He had been going there for years and had witnessed how they treated new customers. They would take any question and address any concern or misunderstanding that arose.
He even provided his cell phone number for anyone with complaints or concerns about his review, stating it was a 100 percent honest review. He invited questions about other shops and expressed a desire to speak with those who left negative reviews, wanting to understand what compelled them to lie about the integrity of the shop. He believed it was the best coin shop in all of San Diego.
He was a Christian Pastor of a small Community Church in Southern California. He highly recommended San Diego Coin & Bullion for its integrity, honesty, and commitment to watching out for the customers’ best interests. Additionally, they purchased Silver Eagles in 2016, and they kept their promise by buying back at spot+. They felt immense gratitude for the commitment that had been upheld after nine years. Every employee had an excellent spirit, mind, and heart. They did not regret or feel disappointed about partnering with San Diego Coin & Bullion.
They had been there twice in a few weeks. Both times they met grandpa there with his two little boys. The folks had been very nice and patient on both occasions.
That day, they were there, and Michael really went out of his way to make the 6-year-old feel super special. His little dude couldn’t stop talking about his visit and the special things Michael had given him.
Why aren’t There Many San Diego Coin and Bullion Complaints?
The scarcity of complaints about San Diego Coin & Bullion can be attributed to several factors that reflect the company’s commitment to providing exceptional service, transparency, and professionalism. Here’s a detailed analysis of why there aren’t many complaints:
Customer-Centric Approach
- Knowledgeable Staff:
- Customers frequently highlight the expertise and professionalism of the staff, who provide clear explanations about valuations and transactions, reducing confusion or dissatisfaction.
- Educational Focus:
- San Diego Coin & Bullion emphasizes educating customers about the numismatic and precious metals market, ensuring buyers and sellers are well-informed about the value of their transactions.
Fair and Transparent Pricing
- Market-Based Pricing:
- The company aligns its pricing for precious metals and rare coins with current market conditions, ensuring customers feel they are getting fair value.
- Clear Communication:
- Staff members provide straightforward information about how prices are calculated, which helps to build trust and minimize disputes.
Personalized Service
- Tailored Transactions:
- The company offers personalized consultations for appraisals and purchases, addressing the specific needs of each customer.
- Reputation for Fair Deals:
- Customers consistently mention receiving fair offers for their items, contributing to high satisfaction levels.
Secure and Professional Environment
- On-Site Transactions:
- The physical showroom in San Diego provides a secure and professional space for transactions, which reassures customers and reduces risks associated with online or informal dealings.
- Secure Handling of Items:
- Coins and precious metals are handled with care during appraisals and transactions, ensuring customers’ trust in the process.
Positive Online Reputation
- High Ratings:
- With a 4.4 out of 5-star rating on platforms like Birdeye and Numista, the company has cultivated a positive reputation. Satisfied customers are less likely to file complaints.
- Strong Word-of-Mouth:
- Repeat business and recommendations from satisfied customers contribute to their overall reputation and a low volume of formal complaints.
Proactive Issue Resolution
- Customer Feedback:
- The company is likely responsive to any issues or misunderstandings that arise, addressing them promptly before they escalate into complaints.
- Complimentary Evaluations:
- Offering free evaluations helps foster goodwill and trust, reducing dissatisfaction with appraisals or pricing.
Niche Market and Loyal Clientele
- Targeted Audience:
- As a specialized dealer, San Diego Coin & Bullion caters to collectors and investors who understand the value of their offerings, resulting in more realistic expectations.
- Loyal Repeat Customers:
- Many clients return for future transactions, indicating high satisfaction and trust in the company.
Long-Standing Reputation
- Established Business:
- Having operated for decades in the San Diego area, the company has built a solid reputation for reliability and trustworthiness.
- Community Presence:
- Their active participation in the local community and coin shows further strengthens their standing as a reputable dealer.
Limited Online Transactions
- In-Person Focus:
- The company primarily conducts business in person, which allows for clearer communication and fewer misunderstandings compared to online transactions.
Efficient Customer Service
- Prompt Assistance:
- Staff members are often praised for their responsiveness and attentiveness, ensuring that customers feel valued and supported during their visits.
The lack of complaints about San Diego Coin & Bullion is a result of their commitment to fairness, transparency, and exceptional customer service. Their expertise, secure environment, and proactive issue resolution contribute to a positive customer experience and a low volume of formal grievances. For individuals seeking a reliable dealer for coins and precious metals, San Diego Coin & Bullion stands out as a trustworthy choice.
Are There Any San Diego Coin and Bullion Lawsuits?
No.
There aren’t any lawsuits involving San Diego Coin, as of writing this review.
Can You Trust San Diego Coin and Bullion? Is San Diego Coin and Bullion Legit?
Yes.
They are a legit enterprise with significant experience in helping people invest in precious metals.
You might find the following tips useful:
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
- Research the company’s history, including years in business and any name changes.
- Examine the Better Business Bureau (BBB) rating and accreditation status.
- Review customer feedback on reputable third-party review sites like Trustpilot or Consumer Affairs.
Tip #3: Does the Company Offer Good Resources?
- Assess the clarity of information provided about fees, storage options, and buyback policies.
- Evaluate the quality and depth of educational resources offered to investors.
- Verify that the company provides clear information about IRS regulations regarding precious metals IRAs.
Tip #4: What are Their Product Offerings and Pricing?
- Ensure the company offers IRS-approved precious metals for IRA investments.
- Compare pricing with other reputable dealers to ensure competitiveness.
- 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
- Promises of guaranteed returns or claims of “secret” investment strategies.
- Pressure to act immediately or make large investments without proper consideration.
- Lack of physical address or unclear company ownership structure.
- 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.
San Diego Coin and Bullion Review Summary:
Overall, San Diego Coin stands out as a prominent coin dealer in the busy Californian market.
What are your thoughts on this company? Let us know below!
