PGS Gold & Coin Review 2023: Scam Risk or Safe?

If you’re into buying and selling precious stuff, PGS Gold and Coin could be your go-to spot. Their website proudly boasts that they specialize in a wide range of valuable items like silver and gold coins. They also provide a professional coin grading service to many clients out there.

Here you can also find ancient coins, exquisite and rare coins that can make any collector’s heart skip a beat. They also deal with good old-fashioned cash, which is always in style.

If you’re into the bling, they’ve got you covered with a stunning selection of jewelry that can add that extra sparkle to your life.

And if shiny rocks or sterling silver are your thing, they’ve got those too, making it a one-stop-shop for anyone looking to indulge in a little luxury.

PGS Gold and Coin has been in operation for 42 years and claims to have served more than 100,000 clients.

We know how challenging it is to choose an entity into which you can invest your entire savings into. We develop informative and relevant material because we desire to give you as many details as we can to allow you to make the optimum choice.

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Getting to Know More About PGS Gold and Coin

According to PGS Gold and Coin, they are more than just a gold business that sells coins. They are specialists who are dedicated to assisting investors in selecting the best goods for their portfolios.

The company’s representatives have several years of experience in the numismatic sector and have been trained as professional graders by PCGS and NGC.

PGS Gold and Coin offers several sites in Illinois that are open from 10 a.m. to 6 p.m. Monday through Friday and from 10 a.m. to 3 p.m. on Saturday.

If you are not located in Illinois, you can make purchases through their online store.

PGS Gold and Coin Services and Products

Investors interested in diversifying their holdings are able to select from an assortment of products and services available from the coin PGS Gold.

Let’s look at what the company has to offer:

Products

Whether they shop in-store or online, investors can buy and sell a wide range of things that can’t be found in other precious metals dealers out there.

Here’s a quick summary of some of the things this trusted rare coin offers to everyone:

Coin collections include silver dollars, foreign coins, antique coins, and 90% silver coins.

Currency types include US currency, Confederate currency, and foreign currency.

Precious metals and jewelry: platinum, gold, and silver jewelry, scrap jewelry, diamond jewelry

Stamps, comic comics, and musical instruments are examples of collectibles.

Please keep in mind that this is only a sampling of what PGS Gold and Coin has to offer on their website. Investors have an enormous number of options due to PGS’s extensive coin collection and precious metals.

Visit their website for a detailed description of the products they buy. All of the items that PGS Gold and Coin offers are for sale online.

Services Offered

The company offers a range of services to assist investors in making the most suitable choices for their needs alongside access to the company’s large product line.

Here is a list of some of the services they offer:

Appraisals and consignments of coins and jewelry

When selling coins and jewels, appraisals are required. Every investor wants to maximize their profits. When you wish to sell your assets, PGS Gold and Coin offers coin and jewelry appraisal.

PGS Gold and Coin provides a quick appraisal of your treasures. Their licensed appraisers will provide you with an appraisal within two hours.

Appraisals of Safe Deposit Boxes

Safe deposit box appraisals are also available from PGS Gold and Chain. These appraisals are intended to be straightforward and painless for your safe deposit box or other vaulted valuables.

Unlike standard insurance, PGS does not need investors to furnish a list and description of the property.

PGS appraises items in your home or family estate and examines the contents of an on-site bank safe deposit box.

PGS Gold and Coin has teamed up with STRATA Trust Company to assist investors in establishing a self-directed precious metal IRA.

With this collaboration, PGS believes that clients will have a simple and straightforward approach when it comes to their precious metals IRA.

To get started, PGS Gold and Coin includes three simple steps. Here’s a rundown of what you’ll need to do:

Precious Metal IRA

Establish a Self-Directed IRA Account

Contact one of PGS’s IRA account officers to start a self-directed IRA account. You will be guided through each step of the procedure.

Make a deposit into your account.

After you’ve created your account, you’ll need to finance it. You can fund your account by wiring or transferring funds to your preferred IRA custodian.

Purchase Precious Metals

When you fund your account, PGS is alerted of how much money you have available and that you intend to utilize it to buy precious metals for your new account. You can now call PGS Gold and Coin to pick up your IRA-eligible merchandise.

PGS Gold and Coin appears to provide a smooth experience from start to finish. PGS’s user-friendly website and reduced steps may be appealing to investors searching for a simpler method to get started.

Grades and Submissions

For investors interested in coin grading, PGS Gold and Coin make the process simple. PGS’s grading team accepts coins, money, and sports memorabilia for professional grading.

They will look into your coin’s real physical condition in order to calculate its value.

PGS accomplishes this by submitting your coins, currencies, or signed sports memorabilia to the top grading agencies to ensure you get the most money when you resell them.

Company Awards and Evaluations

Over 100,000 clients have been happy with PGS Gold and Coin. They have an A+ rating with the BBB, are PayPal Verified, and are a top seller on eBay.

PGS Gold and Coin has received several evaluations on various platforms. PGS Gold and Coin has received 4.5 out of 5 ratings on average.

Here are some comments from customers concerning the company:

Customers have repeatedly stated that working with the team members at PGS Gold and Coin was a pleasurable experience. Overall, the PGS personnel is polite knowledgeable, and amiable.

Clients have also appreciated PGS for its prompt help and great method insights.

Reviews indicate that PGS Gold and Coin is a wonderful place to start investing in precious metals. Customers reported that transactions went well and that staff members were consistently kind and professional.

A company that focuses on buying, selling, and valuing precious metals, coins, and other collectibles is called PGS Gold and Coin.

As with any business, there are both pros and cons to consider when dealing with PGS Gold and Coin:

Pros

Wide Range of Services: PGS Gold and Coin offers a variety of services, including buying and selling gold, silver, platinum, rare coins, currency, and other collectibles. Collectors and investors may benefit from this variety.

Certified: They are a Certified Coin Dealer recognized by PCGS (Professional Coin Grading Service), NGC (Numismatic Guaranty Corporation), and PMG (Paper Money Guaranty). Furthermore, they take pride in their sponsorship of the ANA (American Numismatic Association).

Excellent Customer Service: Aside from fair prices and superb paper money grading, this company is set apart when it comes to great customer service. They deliver excellent service and have professional knowledge when it comes to diamond rings, gold bullion, and fine watches.

Expertise: The firm frequently hires knowledgeable numismatists and coin consultants who can offer comprehensive evaluations and appraisals for your treasures.

Local Presence: PGS Gold and Coin is a locally owned company with physical locations in your area, making it convenient to visit and conduct transactions in person.

Security: Reputable dealers like PGS Gold and Coin typically offer secure and insured storage options for precious metals and collectibles, providing peace of mind for investors.

Educational Resources: Many dealers offer educational resources and information on their websites to help customers make informed decisions about their investments.

Cons

Prices and Fees: Like all dealers, PGS Gold and Coin will charge fees and may offer prices that are slightly below market rates when buying and slightly above when selling. Some have issues regarding fair pricing.

Market Fluctuations: The prices of precious metals and collectibles can be highly volatile, and PGS Gold and Coin may not be able to predict or protect you from market fluctuations.

Quality of Service: The quality of service can vary from one location or employee to another. In order to be sure you are collaborating with a reliable branch or person, it is important that you study and read customer reviews.

Limited Selection: While PGS Gold and Coin may have a wide range of offerings such as platinum bullion, and platinum jewelry, dental gold they might not always have the specific coins or collectibles you are looking for in stock.

Sales Pressure: In some cases, customers have reported feeling pressured to make purchases. But, with this company, you will experience a fast and stress-free selling and buying experience. The staff here are very friendly and well-versed in the whole process, leading to a pleasurable transaction/.

Before engaging with PGS Gold and Coin or any precious metals and collectibles dealer, it’s advisable to do your research, understand the market, compare prices, and read reviews to ensure you are comfortable with your choice and the services they offer.

Good Customer Reviews

One of the most useful tools for evaluating a precious metal dealer is reviews. Over the course of its more than 42 years in operation, PGS Gold and Coin has amassed hundreds of reviews on sites like Google, Yelp, and Verified Reviews.

PGS has remarkably maintained a 4.5 out of 5 average rating across all platforms. Customers are generally happy with the goods and services provided by PGS Gold and Coin.

The majority of clients have said that the PGS staff is consistently amiable, knowledgeable, and effective. PGS sells top-notch goods, and a great deal of customers consider it to be a reliable distributor of precious metals.

Is PGS Gold and Coins Legit?

PGS Gold & Coin provides customers with the greatest cash prices for unwanted gold, platinum, coins, diamonds, and silver as a renowned gold buyer. With the BBB (Better Business Bureau), they are given an A+ rating.

PGS Gold and Coin: Concluding Remarks

Whether you’re an experienced trader or someone just passionate about rare coins and precious metals, finding a suitable precious metals dealer is crucial.

PGS Gold and Coin has been active for more than 42 years and takes extreme satisfaction in providing its customers with top-notch products and services.

PGS Gold and Coin is a company with multiple locations situated in Illinois, but they also provide an online store through eBay where investors from all over the world may buy rare coins and things made of precious metals.

Investors have access to a wide range of products from PGS.

Investors can open a self-directed IRA account with PGS in addition to purchasing products.

To open an IRA account, PGS Gold and Coin offers a simple, simplified procedure that starts with speaking with one of their IRA professionals.

PGS Gold and Coin is a respectable business; they are not dishonest, and they are a good firm to sell to, but we do not advise using them to buy gold and silver in cash or for use in precious metals IRAs.

PGS Gold and Coin FAQ

What is PGS Gold and Coin, and what services do they provide?

Precious metals and coin dealer PGS Gold and Coin gives an assortment of services. Bullion, coins, and collectibles made of gold, silver, platinum, and palladium are their specialty.

How can I sell my precious metals or coins to PGS Gold and Coin?

Selling your precious metals or coins to PGS Gold and Coin is straightforward. You can visit one of their physical locations for an in-person appraisal, or you may contact them to discuss shipping and appraisal options if you’re not able to visit in person.

Do they have places where I may store my precious metals?

Your precious metals can be stored securely with secure storage options from PGS Gold and Coin. You can inquire about their storage options when making a purchase.

Are there any fees or commissions associated with buying or selling through PGS Gold and Coin?

The fees and commissions associated with buying or selling precious metals and coins may vary depending on the specific products and services you choose.

It’s advisable to inquire about the costs involved when conducting transactions with this certified coin dealer and to review their terms and conditions for transparency.

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Tim Schmidt

About 

Tim Schmidt is an Entrepreneur who has covered retirement investing since 2012. He started IRA Investing to share his expertise in using his Self-Directed IRA for alternative investments. His views on retirement investing have been highlighted in USA Today, Business Insider, Tech Times, and more. He invested with Goldco.