Modern Coin Mart review

Modern coin mart review

Modern coin mart review is what you need to check on, before you decide to set up a gold IRA account. This is necessary because the company offers gold IRA set up services. The set up fees at the company is $100. Annual admin fees are scaled between $60- $250. The annual storage fees starts from $100. They have preferred custodians such as New Direction IRA and Goldstar trust. In case you decide to open a gold IRA account at the company, you will have freedom to decide on a depository. The company is a licensed US mint dealer and an ICTA member.

Modern coin mart review

MCM is located in Sarasota Florida. The company is led by John Maben who is the CEO. The CEO has been an active numismatist for over three decades. Due to a team of dedicated staff at the company, it has been able to set good track record in offering outstanding services. The company belongs to a parent company, Maben Rare Coins Inc. It has many members from American numismatist association who make it stand out of the rest. Due to great experience of the staff at the company, it has been able to enjoy great success since its establishment.

Modern coin mart review from the customer’s perspective

The process of setting up an account at the company is very easy. When paying for the precious metal you will enjoy great convenience. This is because the company allows use of different methods such as wire transfer, PayPal and checks. This makes it very easy for different people to pay for the services of the company. The company does not offer administration services for your IRA account. They will advise you on the best IRA admin company which you will use to make your gold IRA account at Modern coin mart secure. Their customer care is great which makes it easy for people to access help at all stages of setting up IRA accounts.

Modern Coin Mart Overview

Since 2004, the company has been serving clients in North America. The company sources gold and silver from different parts of the world to avail them to customers. Domestic customers enjoy free shipping on all orders. It allows customers to access the precious metals at the best prices. Customers have high trust for the company. It scores more than 99% on the trust ratings. The CEO of Modern Coin Mart (MCM) is John Maben who has a lot of experience in the field of precious metals and investing in gold products. John Maben Rare Coins, Inc. (JMRC, Inc.) is located in the region of Sarasota Florida. It serves both United States as well as international precious metals buyers.

Precious metals sold by Modern Coin Mart (MCM)

  • Gold coins and bullion
  • Silver coins and bars
  • Platinum bullion bars
  • Graded coins from foreign and US mints

Modern Coin Mart Certified Coins prices

On the website of Modern Coin Mart (MCM), you will discover a wide collection of NGC and PCGS certified coins. You can access modern bullion bars and coins. Some of the coins include:

  • American Silver Eagle
  • Chinese Pandas
  • Canadian Silver Coins
  • Commemorative coins

Product Selection

There is a wide variety of precious metals at the company. The company offers both coins and bullion bars. Some of the major mints and refineries where the company accesses precious metals include the following:

Highland Mint

Paradise Mint

Johnson Matthey

Sunshine Mint

NTR Metals

Geiger Edelmetalle

The company is a fully accredited precious metals dealer. You will find an extensive collection of precious metals at the enterprise. Other metals you can access at the company include those containing mint state and proof grades. Silver and American eagles are present on their platform. A simple search on the website of the business you will come across rare and commemorative pieces such as 2001 buffalo silver dollars.

Modern Coin Mart review on third party website

 BBB Rating of A+

 BBB Complaints: 0 allegations in the last four years

BCA Complaints: No Rating

RipOff Report: No Reports

BCA: No Rating

CitySearch: No Ratings

Google+: 5 Stars (5 / 5) based on 16 reviews (Profile)

 SiteJabber: No Ratings

 Trustlink: No Ratings

Yelp: 1.0 Stars (1.0 / 5) based on 1 review

Yellow Pages: Not Listed

Modern Coin Mart’s services

The website of the company has several details which make it achieve high usability. You will take the least time to access different types of information from the company. Some of the services which the company offers include the following:

IRA Eligible Precious Metals

On the official website of Modern coin mart, you will access all details about IRA suitable metals. There is no need of being worried about Modern Coin Mart fake silver; you can just check on their IRA eligible coins and bars before you make your order. If you like to save more money, you can apply the modern coin mart discount code while buying different products from the company. The company does not act as an IRA broker; it partners with IRA firms to make the investment possible.

Gold Bullion

The company displays a wide selection of gold bars and bullion. There are more than 131 listings in the category.

Opening a Precious Metals IRA Account

The company offers clear instructions for you to open an IRA account. They will guide you on how you can open an IRA account with new direction IRA or Goldstar trust company. It makes it easy for you to open the IRA account as well as move funds to the account.

Modern Coin Mart Products and Services

Silver Coins (IRA eligible)

Gold Coins (IRA eligible)

Gold, Silver, Platinum, & Palladium Bars

Silver & Gold IRA’s

Payment Methods and Shipping Policies of modern coin

You can order modern Coin wholesale services, and they will deliver all the metals you order free of shipping services. The company accepts different types of payment methods. Some of the payment methods accepted includes:


There is no maximum or minimum amount you will have to pay via the method. You can conveniently pay for precious metals using PayPal.

Credit Card

There are different types of credit cards accepted. You can use American Express, debit cards among others. There is no minimum or maximum restriction on the amount you can pay via credit card.

Wire Transfer

With bank wire transfer, you can send up to a minimum of $1,000. You are also required to pay 10% via card upfront for you to lock the price. The upfront payment is not refunded.

Checks and Money Orders

You can choose to pay via checks and money orders. The minimum is $300 and a 10% upfront for you to check the price. The order can be held for up to 2 weeks before the shipping can be made.

Modern Coin Mart on eBay

You can buy precious metals from Modern Coin Mart via eBay. They have an extensive listing where you can access different products from their collections.