- Site: ModernCoinMart.com
- Location: Sarasota, FL
- Phone: (800)-362-9004
Modern Coin Mart is a precious metals and modern bullion coins dealer who offers a good variety of gold bullion. The company sells gold bars produced by the most popular refineries and minting companies in the world of bullion. They are currently in good standing with the BBB and have an A+ rating with 0 complaints in the past three years.
Modern Coin Mart Gold Bar Selection
Currently, ModernCoinMart.com has a solid amount of gold bars listed for sale on their website. This includes products made by brands like PAMP Suisse, Credit Suisse, Perth Mint, Sunshine Mint, Argor-Heraeus, Royal Canadian Mint and Valcambi. This dealer also offers their own brand of gold bars in a few sizes which is also known as “MCM Star Bullion.” These bars are manufactured by the Sunshine Mint and are currently available in 1/10 oz weights.
If you compare their gold bar selection to other online bullion dealers, their product offering is pretty large. They sell gold bars from the 1 gram size up to 100 grams with 1 oz varieties available as well. Currently Modern Coin Mart has around 45 gold bar products listed for sale. Each size of gold is also offered in a few different brand and design options in most cases.
Modern Coin Mart’s pricing seems to be competitive to others and they ship all domestic orders for free up to $15,000. If your order falls above $15,000 there is a $39 shipping charge for USPS Express Mail service.
Modern Coin Mart Gold Bullion Pricing Review
Modern Coin Mart has fair prices for gold bullion coins and bars. At the time of this review they had the 1 oz PAMP Suisse gold bar listed as low as $25.95 for the 25+ quantity bank wire price. The bars started at $35.95 for the 1-4 quantity bank wire price. This is about $5-$10 higher than some other dealers, but with free shipping it is definitely reasonable.
They have live up-to-date gold spot prices as well as prices for other precious metals like silver, platinum and palladium. This information is updated during the open market hours every few seconds.
As mentioned above, they offer pretty good bulk discounts when buying a large quantity of metal and their over spot premiums are competitive. They offer international shipments to dozens of foreign countries in Europe, Africa, Asia and many more.
Other Types of Gold Available at Modern Coin Mart
Modern Coin Mart, as the name suggests, also offers many other types of gold bullion aside from bars. This includes modern gold bullion coins, commemorative, proofs and other collectible coins. Some popular coins offered are listed below:
- Gold Eagles
- Gold Krugerrands
- Gold Maple Leafs
- Gold Buffalos
- Gold Lunar Coins
- Gold Philharmonics
These coins are offered by Modern Coin Mart in both uncirculated, proof and certified graded coins. They have a few size varieties of each coin as well as different quantities such as sealed sheets of Gold Maple Leafs or sealed tubes of Gold Eagle coins. If you are looking to purchase collectible coins, you are likely to find them at MCM.
Modern Coin Mart Customer Service
ModernCoinMart.com has a customer support staff that is available Monday through Friday from 7:30am-5:15pm EST and Saturday-Sunday from 11am-4pm EST. Their staff has industry knowledge with a deep understanding of the coins and bullion they sell. They can be reached on live chat or by phone at 1-800-362-9004 or 1-941-907-8050.
Modern Coin Mart doesn’t list specific shipping times on their website however they do offer expedited handling services starting from $4.95. They also offer expedited shipping services like overnight delivery which can be combined with the expedited handling and they list that these orders will ship the same day if they receive payment before 1pm. They also have a 4.4 out of 5 star customer rating on their golddealerreviews.com profile under “Shipping Time.”
Conclusion on Modern Coin Mart
If buying gold bars online, Modern Coin Mart is a viable option for investors, especially those who live in the United States since they ship domestic orders for free. Their wide selection of payment methods also makes purchasing gold online convenient, however, if you are just buying plain gold bullion their over spot prices are a tad bit higher than some other gold dealers.