If you’re a coin collector or just someone who likes to hold on to a piece of history, then you know the importance of owning a rare coin. Rust Rare Coin Inc is a trusted source for rare and antique coins.
The company has been in business for years and has a passion for helping customers find the perfect coin for their collection. Whether you’re looking for a specific coin or just want to browse their selection, the company claims that you’ll find something that catches your eye.
What is Rust rare coin Inc?
Rust Rare Coin Inc. is a professional coin dealer specializing in commemorative, rare coins, U.S. Gold, and foreign coins sales. We have a vast inventory of coins from all over the world, and our prices are unbeatable. The claim to have a knowledgeable staff is always available to answer any questions you may have and help you find the perfect coin for your collection.
Rust Rare Coin is a family-owned coin shop located in Salt Lake City. The company is run by Gaylen Dean Rust, Joshua Rust, and Ex-wife Denise Rust. Alvin E. Rust established Rust Rare Coins over four decades ago. Gaylen Rust is the president of rust rare coin inc and also the owner of R Legacy Investments LLC, R legacy entertainment LLC, Legacy Music Alliance, Legacy Racing, and R Legacy Ranch.
Rust Rare Coin Inc is a leading rare coin dealer company based in Salt Lake City, UT. With years of experience in the industry, the company has built a reputation for its expert knowledge and customer service.
They offer a wide range of services for collectors and investors, including buying and selling rare coins, appraisals, and consulting. Whether you’re a seasoned collector or just getting started, the company claims to help you find the rare coins you’re looking for.
Products and Service of Rust Rare Coin
Rust Coins offer a wide variety of coins, currency, and precious metals. The company also offers a wide range of services, including appraisals, consignment, and estate planning. Whether you’re a first-time collector or a seasoned investor, The company is here to help you find the right products and services to meet your needs.
Rare Coin
The company is dedicated to providing information on rare coins and their value and specializes in rare coin appraisal and sales. Rust Coin provides an online catalog of rare coins, as well as articles on rare coin collecting and investing.
Collectible Coin
More and more people are searching for ways to invest their money in something that will hold its value over time. Collectible coins are a great option for those looking for a long-term investment.
Mormon Money
This collectible is a great addition to any coin collection. The Mormon Money is a set of five silver coins. The set includes a one-ounce silver coin, a half-ounce silver coin, a quarter-ounce silver coin, a dime-ounce silver coin, and a nickel-ounce silver coin. The set comes in a black leather case with a certificate of authenticity.
U.S Gold Coin
Rust Rare Coin is offering a U.S. gold coin for sale. This coin is a great opportunity to invest in gold or to add to your existing collection. Gold is a valuable commodity, and its price has been on the rise in recent years.
Rust Coin Gold Ira
An Individual Retirement Account, or IRA, is a retirement savings account that allows you to set aside money for your future. A Gold IRA is a specific type of IRA that allows you to invest in gold as well as other assets. There are many benefits to investing in a Gold IRA. Gold is a stable investment that can help diversify your retirement portfolio. It can also provide a hedge against inflation.
Many companies offer a gold IRA, but not all of them are created equal. Rust Rare Coin does not offer a gold IRA investment because the company believes that there are better ways to invest your money.
With a gold IRA, you are investing in a physical asset that can be difficult to sell and transport. You are also limited in how much you can invest because of the weight and purity of the gold. Even though the company sells products that are gold ira accredited, however, some of the coins are not.
Silver Bullion on Rust Coin
Rust Rare Coin claims to offer our customers silver bullion. The company claims to have a variety of silver bullion products, from bars to rounds to coins and is sure to have something to suit your needs. Whether you are looking to invest in silver bullion or simply want to add to your collection.
When it comes to investing in precious metals, many people choose to purchase silver bullion. Rust Rare Coin claims to be a trusted dealer of silver bullion, and they are to help you make the best investment decisions for your future. Here are some things to keep in mind when you are thinking about purchasing silver bullion.
Silver Trading Program
The Silver Trading Program offers a unique opportunity for investors to trade silver online. The program is designed for investors who want to take advantage of the silver market. The program offers a variety of silver products, including physical silver, trading silver, and silver futures. The program also offers a variety of silver trading strategies. The program is designed for investors who want to take advantage of the silver market.
The company also claims to offer Silver Trading Program to their valued customers. This program offers an opportunity to trade in your silver coins for cash or to trade for other coins in our inventory. The company claims always to be looking to add new and exciting inventory to their store, and this program allows us to do just that.
Money Laundering Charges
Money laundering is the process of moving money from illegal activities into legal businesses or bank accounts. This is done to hide the illegal origin of the money and make it look like it was earned legally. Money laundering is a serious crime that can have serious consequences.
Rust Rare Coin Inc, a precious metals dealer, based in Salt Lake, has been charged with money laundering. The company is accused of using its customer’s money to buy and sell gold and silver and then keeping the profits for itself. The charges come after an investigation by the Salt Lake City FBI.
Rust Coin Ponzi Schemes
Ponzi schemes are very popular these days. It seems like there is a new one popping up every day. They are very enticing because they offer high returns with little risk. But what most people don’t realize is that they are actually very risky.
Ponzi scheme, people are promised high returns on their investment with little risk. The money that is invested is actually being used to pay the people who invested earlier, which is how the scheme gets its name.
Rust admitted to defrauding investors and was indicted on a number of fraud and money laundering charges. The three operated rust rare coin to commit securities fraud and wire fraud conspiracy. Gaylen Rust betrayed his clients, including his own family members and friends.
Rust told investors the business involved trading silver bullion. Instead, the Investor funds were never used to buy silver bullion and were instead used by Gaylen Rust for his own leisure. The three conspired with each other to defraud investors in the silver trading Ponzi scheme. The business will close in 2020, and its license has already expired. It is also stated that there were no meaningful investor funds that were used to buy silver bullion during their Ponzi scheme.
Rust Rare Coin Review and Rating
Despite having a lot of issues within the company, the rust rare coin earned an A+ rating from the better business bureau and B+ from Business Consumer Alliance.
Rust Rare Coin, as you can see from the information above, does not have a particularly varied or active online reputation. Still, they have built up reputations with two of the most reliable directories, Google+ and the Better Business Bureau, earning them a position on the list of the top 70 Gold IRA companies.
Despite The issue arising with Gaylen Rust and Joshua Rust. This business has never been the subject of a lawsuit and has a spotless BBB complaint history. They don’t appear in 50% of the main directories, and their Google+ evaluations are generally balanced and mixed.
Conclusion
Rust Rare Coin was one of the leading coin and precious metal dealers in Salt Lake City. The company was in business for over four and half decades and was known for its expert staff and large inventory. Unfortunately, Rust Rare Coin went out of business in 2020.
About Tim Schmidt
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.