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January 9, 2022

Modern Coin Mart Review: Can you be confident, trust, and rely on them?

Welcome to my Modern Coin Mart Review!

This company takes pride in giving Confidence, Trust, and Reliability.

Are they able to live up to their company’s values?

Let’s get to know this company in this Modern Coin Mart Review!

Let’s start!

What is Modern Coin Mart?

Modern Coin Mart Review

Modern Coin Mart®, MCM® is a brand of Asset Marketing Services, LLC (AMS). AMS is a retail distributor of coin and currency issues. 

More so, the company was established in 2004.

ModernCoinMart(MCM) is one of the largest dealers of modern coins and precious metals on the internet. The company employs more than 35 people, including nearly a dozen seasoned numismatists with a combined total of more than 250 years in the business.

MCM is known for having an incredibly large selection of various products and is even known as the Modern Coin Superstore® among its loyal customers.

Products and Services of MCM

Silver Coins, Bars, and Rounds

Modern Coin Mart Review

The intrinsic value of silver has been recognized for thousands of years by both ancient and modern cultures throughout the world. First used as a currency in 700 B.C., today’s silver bullion rounds, bars, and collectible coins have retained their legendary luster and are among the most treasured – and most affordable – of all precious metal coinage.

For stackers, silver’s an important component of a diversified portfolio. Not tied to fiat currency, silver has historically increased in value with inflation while providing security in times of economic downturn.

2021 American Silver Eagle Type 2 GEM BU

Modern Coin Mart Review

The U.S. Mint has issued the American Silver Eagle series annually since 1986 with virtually no changes to its iconic patriotic design.

In 2021, the 35th year of issue for the popular series, the Mint is retiring the heraldic eagle (Type-1) image on the reverse and replacing it with a newly designed rendition of the national bird.

The Type-2 reverse features an eagle with a branch of oak in its grasp. Oak leaves are a symbol of independence, strength, longevity, truth, and life itself.

  • Year of Issue: 2021
  • Mint: U.S. Mint
  • Grading Service: Uncertified
  • Grade: GEM BU
  • Finish: Mint State
  • Composition: Silver
  • Purity: 0.999
  • Display Weight: 1 oz
  • Weight in Grams: 31.1035 g
  • Weight in Ounces: 1 oz
  • Diameter: 40.6 mm
  • Country: United States
  • Legal Tender: United States
  • Currency: Dollar
  • Denomination: 1
  • Obverse Design: Walking Liberty
  • Reverse Design: NEW Type 2 “Eagle Landing”

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Gold Coins and Bars

Gold has been one of the most prized substances known to man since before recorded history. From ancient coins through world coins, Classic U.S. Gold, and modern gold coins from the U.S. Mint and mints around the world, MCM offers them to you.

Popular Gold Coins include the American Gold Eagle, the American Gold Buffalo, the South African Gold Krugerrand, and the Chinese Gold Panda. MCM also offers Gold Bullion from leading mints such as Johnson Matthey, PAMP Suisse, Credit Suisse, Valcambi, Sunshine Minting, Perth Mint as well as their own MCM Gold Bars And Rounds.

2021 China 15 g Gold Panda ¥200 Coin GEM BU

Modern Coin Mart Review

The China Mint has issued the Gold Panda series since 1982. The series is a favorite among collectors for its yearly changing designs. Beginning in 2019, the Mint embarked on a ten-year “series within a series”, which pictorially narrates the typical life journey of a panda from cub stage to maturity.

  • Year of Issue: 2021
  • Mint: China Mint
  • Grading Service: Uncertified
  • Grade: GEM BU
  • Finish: Mint State
  • Composition: Gold
  • Purity: 0.999
  • Display Weight: 15 g
  • Weight in Grams: 15 g
  • Weight in Ounces: 0.4823 oz
  • Diameter: 27 mm
  • Country: China
  • Legal Tender: China
  • Currency: Yuan
  • Denomination: 200
  • Mintage: 600,000
  • Obverse Design: Temple of Heaven in Beijing
  • Reverse Design: Panda and cub

US Mint Coins in Gold, Silver & Platinum

US Coins from the United States Mint are coveted by collectors and bullion buyers alike. A wide variety of silver, gold, platinum, palladium and clad coins have been struck by the U.S. Mint since production began in the early 1790s. Some coins were for circulation, others were just for collectors, but today practically every U.S. coin is collected by someone.

World Coins

Modern Coin Mart Review

ModernCoinMart carries a wide array of coins from all over the world. They take pride in their diverse selection of coins from all over the world, as well as their competitive pricing.

Memorabilia & Collectibles

Memorabilia is derived from the Latin word for memorable, and are considered objects treasured for the memories and connection to significant historical, cultural, or entertainment events.

From vintage sports collectibles to 1900s’ Vienna art plates, memorabilia collections are extremely diverse and can reach collectors from all backgrounds.

Sports Cards

Modern Coin Mart Review

Like most collectors, sports card aficionados practice the hobby by collecting their favorite players of new and old. Now, you can join or continue this popular hobby from the convenience of your home thanks to ModernCoinMart!

With an assortment of modern and vintage graded sports cards from world-renowned third-party grading services such as PSA and BGS, MCM can ensure that every card you add to your collection will be one of quality. 

Platinum, Palladium, Clad Coins, Accessories, and More

In addition to Gold and Silver, MCM offers a variety of other metals, coins, accessories, and currency. As scarce but widely used metals, Platinum And Palladium are gaining popularity with bullion and buyers. American Platinum Eagles and Canadian Platinum Maple Leafs are two of the most popular choices for Platinum coins while both metals are also available in Platinum & Palladium Bullion Bars.

For collectors interested in obtaining sets, we offer many options for Proof And Mint Coin Sets. The U.S. Mint has produced a tremendous amount of sets for collectors over the years, some are quite valuable while others are obtainable on most budgets.

Reviews and Ratings of MCM

 

 

  

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What I LIKE About Modern Coin Mart

A Lot of Products

Modern Coin Mart offers a lot of products, especially those with a great value!

So, if you are a collector and looking for limited edition items, Modern Coin Mart is the one for you!

Good Payment Terms

MCM accepts major credit cards such as Visa, MasterCard, American Express, and Discover.

They also accept PayPal, checks, money orders, and Bank Wires. They offer a 2.95% discount for all orders over $1000 that are paid for with a bank wire. We do not accept traveler’s checks, credit card advanced checks, or any kind of digital currency.

You Can Sell Coins to them

ModernCoinMart (MCM) is a nationally trusted online source for coins. Selling your coins and precious metals to MCM is quick and easy.

MCM is looking for quantities of excellent condition, properly stored “one owner” U.S. Mint products and is willing to pay top market prices for your collection of these items. We will also buy NGC and PCGS certified coins selectively for current inventory needs.

What I HATE About Modern Coin Mart

Does Not Offer IRA Services

The company only offers the product itself and does not include IRA services. So, they are basically a retail store of precious metals coins, bars, bullions, etc.

Low Rating and Reviews

MCM has low ratings and reviews. Some are even complaints.

So, this shows that their services are somewhat inconsistent.

Is Modern Coin Mart a SCAM?

Modern Coin Mart is NOT A SCAM.

They offer a great range of precious metal products, collector items, and many more.

However, just like other companies, they have complaints and low reviews.

So, it is suggested for them to UP their game when it comes to customer service.

Final Thoughts

If you are looking for a company to have full confidence, trust, and reliability, I recommend GOLDCO.

Goldco is a leader in the precious metals industry, with over a decade of experience helping customers protect their retirement savings. If you have an IRA, 401(k), 403(b), TSP, savings, or similar tax-advantaged retirement account, a Goldco Specialist can help you protect those assets with a Precious Metals IRA.

We also offer direct sales of gold and silver to their customers. If you have a savings account, a Goldco Specialist can help you diversify those funds with precious metals.

Whether you want to roll over retirement assets into a Precious Metals IRA or buy gold and silver directly, a Goldco Specialist can help you navigate each step of the process.

Goldco is a privately held firm specializing in wealth and asset protection. We are rated A+ by the Better Business Bureau and Triple-A by Business Consumer Alliance. Their quality customer service, dependability, and ethical business practices have resulted in thousands of satisfied customers and positive reviews.

Click below to know more about GOLDCO!

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Thank you for reading our Modern Coin Mart Review!

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