Last Updated on March 12, 2023 by George
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Are you trying to find a trustworthy coin dealer?
American Federal Rare Coin and Bullion is the only place to go (AmFed). AmFed has been a dealer of rare coins and precious metals for more than 40 years.
They belong to the American Numismatic Association (ANA), the Council for Tangible Assets, the Professional Numismatists Guild (PNG), and the Numismatic Guaranty Corporation.
They are one of the select few coin dealers that are “BBB Accredited Businesses.”
Before you begin this evaluation:
You know how challenging it is to choose a business you can entrust with your hard-earned savings. They create educational and helpful content so you have all the knowledge you need to make the best choice.
The company trades a wide range of rare coins and precious metals, such as gold, silver, platinum, and palladium. Additionally, they provide numismatic advice, estate liquidations, and assessment services.
The best site to purchase or sell rare coins and precious metals, whether one is an experienced collector or a first-time buyer, is at American Federal Rare Coin and Bullion.
Investors may be sure they are getting the best service possible because of their experience, expertise, and reputation.
AmFed Products and Services
AmFed provides numerous numismatic services, precious metals for sale, and rare coins. Their selection consists of the following:
Gold Coins: South African Gold Krugerrands, American Gold Eagles, Canadian Gold Maple Leafs, and more.
Silver coins: Include Mexican Silver Libertads, Canadian Silver Maple Leafs, and American Silver Eagles.
Platinum coins: American Platinum Eagles, Canadian Platinum Maple Leafs, and others are available.
Palladium coins: include Canadian and American Eagles and Maple Leafs.
Rare U.S. Coins: Rare U.S. coins include the following: Buffalo Nickels, Jefferson Nickels, Buffalo Large Cents, Two Cents, Three Cents, Half Dimes, Nickels, Dimes, Twenty Cent Pieces (Times), Quarters, Half Dollars, Seated Liberty Coins, Barber Coins, Liberty Head (“V” Nickel), and more.
World Coins: From the Middle East, South America, Africa, Asia, and more.
Paper Money: Older denominations of U.S. currency, such as Fractional Currency, Confederate Currency, Large Size Notes, and more.
AmFed also provides the following numismatic services:
A coin’s compliance with a certain quality and aesthetic requirements is attested to by the Certified Acceptance Corporation (CAC), a third-party grading agency. Coins with CAC verification often fetch a higher price than unverified coins, and they can raise prices by up to 200%.
As a CAC market maker, American Federal Rare Coin and Bullion frequently buy and sell CAC-verified coins. The business can send coins to CAC for verification because it is a CAC Authorized Dealer.
The CAC verification procedure seeks to confirm that a coin satisfies particular requirements for quality and aesthetic appeal.
For a coin to be CAC-verified, it must:
– Obtain a grade from one of the top grading services (PCGS, NGC, ANACS, ICG, or NCG).
– Obtain an MS60 or higher grade for circulation coins or a PR60 or higher degree for proof coins.
– Get a “sticker” from CAC, proving that it satisfies the company’s quality and aesthetic appeal requirements.
The organization provides estate liquidation services to assist families with inherited coin collections or other valuables. They will consult with the family to decide whether a private treaty, auction or dealer buyout is the best way to sell the coins.
If required, AmFed will also offer assistance with the probate procedure. Although it might be a lengthy and complicated procedure, AmFed has the expertise to make it as easy and stress-free as possible.
AmFed offers expert appraisals for anyone wishing to insure their coin collection or estate or wants to know the value of their coins for sale.
Their numismatic specialists are qualified and skilled enough to value any coin, bill, or precious metal appropriately.
They travel to any region to assess numismatic and semi-numismatic assets for clients, rather than only Arizona, where the company is based.
Precious Metal Buyback
For people who want to sell their gold, silver, platinum, or palladium, AmFed offers a precious metal repurchase program. Through this program, clients can return their metals to AmFed for the current spot price plus a minor surcharge.
It is a practical approach to selling metals without finding a customer first. They provide reasonable charges and pay quickly, typically within 24 hours. The buyback program seeks to ensure that customers purchase the proper precious metals.
If you want to sell your coins, AmFed provides coin consignment services. It is a straightforward approach to sell coins because AmFed will find a buyer and handle the entire transaction for you.
Additionally, they will offer a free appraisal for the money being consigned. Compared to fees imposed by auction houses, the company typically charges a much smaller commission for its services.
AmFed promises to pay a third of the cash upfront while taking on all the risk through market crashes.
How to Purchase Products from American Federal Rare Coins & Bullion
The website www.amfedrc.com is the finest place to buy products from AmFed Rare Coins & Bullion. A vast range of coins, bills, precious metals, and numismatic services are available from them.
In Scottsdale, Arizona, they also operate a retail establishment where they trade coins, bills, and precious metals. Call (800) 221 7694 to place an over-the-phone order for goods.
The internet store provides a practical way to look through and buy coins, money, and precious metals.
Orders can be shipped through UPS or USPS, and they accept all major payment cards. They provide discounts for large purchases and free shipping on orders over $500. Users must first register for a free online account to use this online platform.
Only an email address and password are needed to create an account. After setting up an account, customers may sign in and begin shopping.
The purchasing procedure is simple. Customers can check out after adding more goods to their cart when ready. They will be required to submit their mailing address and credit card details.
AmFed will process and mail your order as soon as it has been placed. The U.S. Postal Service handles the shipment and provides the consumer with a tracking number so they can keep track of their order.
You can purchase online with credit cards, PayPal, or electronic money transfers (EFT). Customers who want to make in-person purchases can pay with bank wire transfers and personal checks.
For individuals who like to spread out their payments, AmFed also provides a simple layaway service. Customers can spread their costs over 90 days under the scheme, which requires a 20% down payment.
The order will be shipped as soon as the final payment has been received. The layaway option is an excellent method to spread out the purchase cost and make it easier for clients to budget for their needs.
Pros & Cons
- A broad range of goods and services
The organization provides services in addition to a vast selection of items. These involve exchanging money, precious metals, and coins. Additionally, they offer layaway options, coin consignment, and assessment services.
They are a one-stop shop for all numismatic requirements as a result. AmFed only purchases its goods from recognized dealers and mints; thus, the quality of the things they offer is likewise high.
- Affordable Prices
Products and services from American Federal Rare Coin and Bullion are pretty priced and a fantastic choice for individuals on a tight budget. Their affordable prices do not sacrifice either quality or service.
Their services are still reliable and professional, and their goods are still high-caliber.
- Educated and Skilled Personnel
The AmFed personnel has years of expertise and expert knowledge of the goods and services they provide. They have almost 100 years of numismatics experience, so that they can offer their clients professional guidance and support.
- Reliability in the Sector
The business has been operating for more than 40 years and belongs to the Better Business Bureau and other organizations serving the precious metals sector.
They have a lot of credibility in the sector as a result. Nobody wants to conduct business with a firm that is neither respectable nor adequately registered.
- Buying Conveniently Online
AmFed provides a practical online marketplace that facilitates product browsing and acquisition. Additionally, they provide discounts for large purchases and use UPS or USPS to deliver items.
Additionally, their website is secured, offering a secure and practical manner to purchase numismatic goods and services.
- Only a few Online Reviews
Despite the company’s existence for more than 40 years, there are few internet client testimonials. Potential clients can learn what to anticipate when doing business with AmFed by reading online ratings and reviews.
A company appears more legitimate the more positive ratings it receives on numerous consumer protection platforms.
- It needs to make it clear whether they provide precious metals IRAs.
Precious metals IRA is one of the services offered on the AmFed website. However, a visit to the page must provide clear information on whether AmFed offers this service.
Final Thoughts – American Federal Rare Coin And Bullion Review
The benefits of purchasing from American Federal Rare Coin and Bullion are numerous. AmFed is a trader of rare coins that can be relied upon due to their expertise, knowledge, and reputation.
They are the ideal site to buy or sell rare coins and precious metals because they provide a wide range of goods and services. To find out more, visit their website right now.