Gainesville Coins Review


Gainesville Coins is a precious metals and coins wholesaler that operates primarily online and has its headquarters in Lutz, Florida. Since it was established in 2000, this business has become one of the most reputable gold bullion dealers in Florida as well as the rest of the country. Customers can choose from a massive inventory of historical coins offered by the company. This indicates that you can use Gainesville Coins to create a diversified investment portfolio for your money.

Before we begin with this discussion, please note the following:

We are aware of how challenging it can be to find a company in which you have complete faith to entrust your hard-earned money. Because of this, we work hard to produce information that is both informative and useful so that we can arm you with as much data as possible to help you make the best choice.

We have compiled a list of the investment firms that come the highest on our list of recommendations in order to make it as simple and straightforward as possible for you to compare and select the firm that is best suited to meet your requirements.

What is Gainesville Coins?

Gainesville Coins was established in the year 2000 and now has its headquarters in Lutz, Florida. This business deals in precious metals and also offers assistance to customers in establishing precious metals individual retirement accounts (IRAs). The product catalogue is quite extensive, which makes it appealing to both collectors and investors. However, a significant number of the most popular coins that can be held in an IRA are currently listed as “Out of Stock.” Gainesville Coins does not carry any products made of palladium in their inventory. The company does not present an honest picture of its executive team.

Satisfaction Guarantee

Gainesville Coins is committed to providing exceptional customer service and supplying a comprehensive selection of bullion products to accommodate buyers with varying preferences and investment horizons. Our number one priority is satisfying your requirements by locating the precious metal item that best fits them. Your order will always be packaged in a way that is secure and discreet, but if you prefer, you can choose to pick up your metals in person from our luxury showroom instead. You are more than welcome to give us a call with any inquiries or feedback during our regular business hours at (813) 482-9300, or you can send an email to at any time.


At Gainesville Coins, we work hard to provide excellent service to our customers, as we value their business and want them to be completely satisfied with their experience. As a result of this, Gainesville Coins has been able to keep it’s a+ accreditation with the Better Business Bureau (BBB). Before making any purchases, individuals who are interested in purchasing precious metals are strongly encouraged to look up the BBB rating of the company in question. It is imperative that the precious metals dealer you choose has a well-established track record of dealing in good faith, providing exceptional customer service, and offering high-quality products when searching for the precious metals dealer who is the best fit for you.

In addition to this, the National Inflation Association (NIA) has bestowed upon our company their 5-star rating, which is the highest possible score for a gold or silver vendor to achieve. This esteemed award is based on how well a company performs in the following areas: pricing, selection, shipping, processing, customer experience, and overall satisfaction. The NIA chose Gainesville Coins as the sole recipient of the “NIA 2010 Best Bullion Award” after considering the feedback received from customers.

Industry Involvement

We participate in the numismatic community on an active basis and are pleased to call ourselves members of the Industry Council for Tangible Assets (ICTA). ICTA is the national trade association for all who have an interest in precious metals, rare coins, U.S. and foreign currency, other numismatic collectibles and tangible assets. On behalf of its members, ICTA works to prevent laws and regulations that could hinder or burden the businesses that are ICTA’s members. In addition to this, it takes an active role in lobbying for legislation that would be to the overall hobby’s advantage.

In addition, Gainesville Coins is an active member of a number of numismatic and coin dealer networks, such as the American Numismatic Association, the Certified Coin Exchange, and Coin Net. In addition, we understand the significance of independent coin grading services and are proud to be a reputable authorized dealer for both the Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS). NGC and PCGS have provided the numismatic industry with the indispensable service of objective coin grading and authentication for well over two decades, making them the two organizations that serve as the industry’s backbone.

Authorized Distributor for Major Mints

Gainesville Coins is an authorized distributor for a number of the world’s most prestigious and productive government mints, including the U.S. Mint, the Royal Australian Mint, the New Zealand Mint, and the Perth Mint in Australia. Gainesville Coins has been given the official responsibility of distributing coins produced by the Perth Mint, which is widely considered to be the most productive of all of the world’s mints, private or otherwise.

We are the sole distributor of the Great Warrior series of silver Proof coins produced by the Perth Mint, and we carry an extensive inventory of precious metal products manufactured by that institution. Our collection of collectible coins from the Perth Mint includes popular annual releases such as the Gold Kangaroo, Silver Koala, and Silver Kookaburra series, in addition to a wide variety of other specialty coins.

These coins come from the regular issue as well as limited mintage categories. It should come as no surprise that collectors and investors alike look to the Perth Mint as a go-to source because the company offers such a diverse selection of products. Gainesville Coins is proud to offer you first-rate numismatic and bullion coins minted by the Perth Mint. These coins can be purchased directly from our store.


We take great pride in providing our customers with access to low wholesale prices. There is no need for you to sift through page after page of information in order to get a clear answer about the price of any of our products. On our website, we have the prices clearly displayed right next to each item, and we also include a list of the various payment methods that can be used. At Gainesville Coins, you will never have to worry about being surprised by any additional or hidden fees or shipping costs.

You can take advantage of increasing discounts when you buy in larger quantities thanks to the availability of tiered pricing on a variety of different items, which allows you to do so. We have taken additional precautions to ensure that you are never confused about the cost of a potential order, and these measures include:

Competitive Buy Prices

Gainesville Coins enjoys the luxury of being able to sell our products in large quantities and at exceptional wholesale prices as a result of the large inventory that we maintain. It is extremely challenging for smaller dealers to compete with the low prices that we offer. When you buy from us, unlike the vast majority of other dealers, there are no minimum order requirements placed on you. The same principle applies when you make a purchase from us! We adhere to the principle that each and every order is deserving of equal attention and regard.

The process of selling us your coins is incredibly fast and uncomplicated. All of your precious metal items, including gold, silver, platinum, and palladium, can be purchased from us at prices that are competitive within the industry. Your coins, bars, medals, commemorative coins, or rounds can be sold to us for an excellent price, and we will gladly purchase them.


Because we keep such a large inventory in stock, we are able to offer our customers an extraordinary selection of products. This means that you do not have to settle for whatever happens to be in stock; rather, you can choose the exact item that you have been looking for. It should come as no surprise that our motto is “The Right Coin, At the Right Price,” given that we are known for having some of the most competitive pricing in the industry and for meeting the individual requirements of each of our clients.

Bullion, numismatic items, and modern collectibles are the three primary categories of products that we stock here at Money Metals Exchange. Products that are considered to be bullion include rounds, bars, and coins issued by various governments. Bars and rounds are available for purchase in bulk or on a wholesale basis, and they can originate from either large government mints or smaller private refineries.

The United States Mint as well as other mints from around the world produce coins that are used in the hobby of numismatics. These coins can be quite old or of more recent mintage. They are frequently given a grade determined by a third party, and they may have low mintages or be regarded as rare.

Numerous mints around the world are responsible for the production of contemporary collectibles, which frequently serve to honor a specific occasion, location, person, or other topic. There is sure to be a modern collectible that caters to whatever it is that piques your interest, so it doesn’t really matter what it is.

We are continually adding new products to our website in order to ensure that we are current with all of the latest developments and fashions in the industry. You can find these in the New Arrivals section, or you can subscribe to our RSS feeds to receive regular updates on what’s new at Gainesville Coins.

Both options are available on the website. Even though we are always adding new products to our stock, there are times when we simply run out of certain items in our warehouse. You don’t need to be concerned because the Notify Me tool enables you to schedule a notification for those products that are currently sold out. This way, the moment they become available again, you’ll be the first to know about it.


At Gainesville Coins, we have made it a point to make transparency one of our guiding principles. It is of the utmost importance to us that our relationship with our customers be one that is both open and direct in order to ensure the continued health of our company and the continued development of our customers’ faith in us.

Superior Quality in Serving the Clientele

This organization’s overall mission is to provide the highest possible level of customer service at all times. Our primary objective is to significantly improve the level of fulfilment experienced by our patrons. Our representatives always adhere to a no-pressure sales policy, which means that they will never send you unsolicited email, make unsolicited phone calls, or engage in any other aggressive sales tactics.

Our seasoned sales representatives are not eligible for commissions of any kind on any of the deals they close. Despite this, they are always available to assist you, whether you contact them via the website, the phone, or the physical showroom. If you have any further inquiries regarding a particular product, the senior numismatists that work for our company are able to address any and all of your questions and concerns.

A significant portion of providing excellent customer service also involves checking to see that customers’ orders are correct and that they are sent out in a timely manner. We use an automated system to record each order placement, verify the chosen method of payment, and keep you updated with shipping notifications about the status of your package while it is in transit. Keeping you informed about the location of your package is also a function of this system. You are kept up to date regarding the status of your order at each and every stage of the process.

Secure Online Ordering

We place a high priority on ensuring the safety of our customers’ online transactions. As a result of this commitment, we have taken a great deal of action in order to protect our website from any kind of improper conduct. When you are placing an order or logging into your account while visiting our webpages, ensure that the grey padlock icon is located to the left of the website address in the search bar of your browser. This grey padlock represents a secure connection between the two devices.

Network Solutions, LLC audits the website’s security for us on a regular basis. Only the highest-grade encrypted connection, featuring 128-bit encryption as well as SSL encryption, is utilized by our company. McAfee Secure conducts daily security checks on our website to ensure that our website maintains a high level of protection overall. McAfee is able to live up to the claims made in their advertising slogan, which reads, “No Malware, No Malicious JavaScript, No Spam, No Suspicious Redirections, Not Blacklisted, No Malicious iframes.”

Excellent Quality Assurance and Control

Gainesville Coins implements quality control measures with the goal of protecting both the customer and the company from fraudulent activity, tampering, and even honest mistakes. In order to maintain our rigorous quality control standards, the shipping department of our company utilizes only the materials of the highest possible quality for the packaging. Every order is put through a series of checks before it is shipped out to ensure that the contents of your package are delivered in a safe and secure manner. Each product is photographed before it is shipped, and we keep in-depth tracking information for every single package that we send out. In addition, for the purpose of providing the highest possible level of quality control, the entire packing and shipping process is continuously videotaped by means of cutting-edge video surveillance technology.

Shipping That Is Completely Insured

Although some businesses may advertise “free” or “discounted” shipping prices, the coins offered by those businesses frequently end up costing more than those offered by our business because of unlisted fees and commissions on sales. Our shipping rates are not a mystery; they are determined by the location, weight, and value of the package, and they can be calculated using our Shipping Calculator tool before the customer completes the checkout process. This removes any questions or uncertainty regarding the overall cost of your order. Each and every package that we send, regardless of whether it is being sent domestically or internationally, is fully insured. Customers have the option of picking up their orders themselves at our showroom in Lutz, Florida, rather than having their items shipped to them. This is an alternative to having their orders shipped.


Before making a purchase decision, Gainesville Coins is of the opinion that the customer should be provided with the most accurate and comprehensive information that is available. Customers have access to the Precious Metals Blog, where they can gain knowledge about coin collecting and history, as well as stay up to date on the latest market news.

Because we are dedicated to maintaining our honesty and providing the highest level of service to our clients, we have made the entirety of our extensive body of knowledge as well as our unique perspectives on the market accessible through our Learning Center.

Center for Learning and Comparison Shop the inventory

People who are interested in learning more about precious metals and coin collecting can take advantage of Gainesville Coins’ FREE Learning Center, which features a wide variety of educational materials and informational sources. Browse our user-friendly Buying Guides and easy-to-read Infographics to learn fascinating facts and historical context about a wide variety of coins, mints, engravers, and other related topics.

There are also a number of How-To Guides available, each of which provides pointers that can be helpful to novices who are just starting out in the hobby. The best part is that you do not need to provide any personal information in order to gain access to our Learning Center and view any of these articles.

“It appears that there are several different sizes of the American Gold Eagle Coins that I wish to purchase. Is there a way to compare the premiums that will assist me in making a choice between the different options?”

In response to a high volume of inquiries of this nature, we frequently recommend that our customers make use of our Compare Tool. You are able to view up to five products side-by-side in this manner, making it simple to compare their prices. You will never again have to guess whether or not you are getting the best possible deal because this question will always be answered for you.

In addition, the spot prices of the various precious metals are continuously updated right on the homepage of our website. This gives you the opportunity to monitor the movement of the markets right up until the moment that you lock in the price of an order. On our Finance page, you can also find historical charts regarding the prices of precious metals and stones. Not only are we dedicated to making the prices at Gainesville Coins transparent and uncomplicated, but we are also dedicated to keeping you up to date on the most recent happenings on the international precious metals exchange.

Additional Free Resources

To make your shopping experience as simple and stress-free as possible, we have added even more useful tools to the Customer Tools Page of our website. As before, you won’t have to pay a single penny to make use of any of these tools. Simply creating a free account on our site is all that is required to get started. After you have registered for an account, you will have access to all of our fun additional features and functionality. You can stay up to date on the latest Gainesville Coins news and special offers by subscribing to our RSS feeds.

Using the Favorites feature of our website, you are able to keep track of the various products that are of interest to you, as well as monitor price reductions and promotions using the Price Level Alert feature. You can tell us how much you are willing to spend on an item by using the Price Level Alerts feature, and we will send you an alert when the price reaches the level you specified. Learn why shopping with Gainesville Coins is unlike any other experience you’ll have when dealing with our other businesses by perusing the various Customer Tools we provide.


At Gainesville Coins, our number one priority is to meet and exceed your expectations when it comes to customer service. To ensure that you have the best possible experience as a customer, we are constantly working to enhance the quality of our offerings in any way we can.

Precious Metals IRA

Gainesville Coins makes it simple to open a self-directed precious metal IRA in the comfort of your own home. Gainesville Coins carries a wide variety of bullion products that are eligible for investment in an individual retirement account (IRA). This includes specific bullion coins, silver bullion rounds, gold and silver bars, and other types of bars and coins.

In addition, depending on who handles the administration of your precious metals IRA, you may be able to use our safe as the depository for the funds in that account. We maintain close working relationships with a number of the IRA Custodians that are regarded as the most reputable in the industry. You can learn more about adding precious metals to your individual retirement account here.

Secure Storage

We are aware that maintaining the security of your tangible assets is a concern for many investors and we are here to help. You are provided with the opportunity to store your precious metals in the vault at Gainesville Coins Storage for a fee that is very reasonable. Every single one of the valuables that we store in our vault is protected against any possibility of destruction, theft, or loss of physical form. We offer storage that is completely separate from that of any other customers, which means that your belongings will never be combined with those of another customer.

When you retrieve your belongings from storage, you can be certain that you will receive the exact same items that you deposited. This gives you peace of mind. As soon as your valuable metals have been safely stored in our vault, you will have unrestricted access to them at any time. When you store your valuables with us, you gain access to additional liquidity in the form of our willingness to buy any precious metals that are kept in our vault in exchange for a simple phone call to the number (813) 482-9300.

Tracker for Investments and Portfolios Investment Tracker

Many investors, both large and small, find that the possibility of diversifying their holdings in their investment portfolios with precious metals to be appealing. In addition to increasing the diversity of your portfolio, gold and silver can provide a secure location in which to store your wealth, which can assist in shielding your investments from the negative effects of inflation. Regardless of the objectives you have for your investments, our no-cost investment tracker makes it simple to keep tabs on both your precious metal and stock holdings.

Company Background

The first day of business for Gainesville Coins was in January of 2000, and the company’s headquarters are located in Lutz, Florida. Due to the fact that the three contact names are extremely similar to one another, it would appear that the majority of the company is managed by members of the same family.

They claim that because of their large inventory, they have been able to sell the majority of their products at wholesale prices. This is according to Gainesville Coins. These prices are significantly more reasonable when compared to those provided by more localized dealers.

They price the majority of their offerings in a manner that is known as tiered pricing, which means that you can easily take advantage of price reductions if you purchase greater quantities. Anyone who wants to buy from them or sell to them must first meet the minimum order requirements.

In addition to being a member of Coin Net and the American Numismatic Association (ANA), Gainesville Coins is also a member of the Industrial Council for Tangible Assets (ICTA), the Certified Coin Exchange (CCE), and the Industrial Council for Tangible Assets.

In addition to that, the company is an authorized government distributor for a number of Mints located all over the world. These include the Royal Mint in the United Kingdom, the United States Mint, the Royal Australian Mint, the Monnaie de Paris in France, and the Pert Mint in the United States (Australia).

Details about the organization and its history

Gainesville Coins is a precious metals dealer with a location in Lutz, Florida. Their website can be found at The company began operations in the year 2000 and currently provides a wide variety of gold, silver, and platinum products that are appealing to investors as well as collectors. In addition to that, this precious metals dealer offers assistance with opening an individual retirement account (IRA) for precious metals.

In order to cater to the specific requirements of each customer, the company offers a comprehensive selection of bullion products. Gainesville Coins carries a wide variety of products, including modern coins and bars that are eligible for IRAs as well as ancient coins.

In addition, Gainesville Coins is dedicated to educating customers about the investment potential of precious metals and, more specifically, the hobby of coin collecting. The website provides users with access to a “Coin Library,” which contains an exhaustive list of American coins that can be purchased by collectors. In addition, there is a section labelled “News & Blog,” which covers an extensive range of subjects regarding coins, precious metals, and market news.

Why Should You Buy Coins from Gainsville?

Gainesville Coins is an excellent choice for a business to work with in terms of investments for a variety of reasons. The following is a list of some of these reasons:

  • Prices to Buy That Are Competitive

Everyone wants to put their money into a business that will give them the highest possible return on their investment. Gainesville Coins is your best option if you are looking for a business from which you can acquire assets at prices that are competitive with the market.

The majority of the company’s inventory can be purchased at wholesale prices. This is due to the fact that the company boasts of having a sizable inventory of products that fall under a variety of categories.

  • Large Stock Inventory

Gainesville Coins has a large stock inventory, which gives customers the ability to choose from a variety of products based on their spending capacity as well as their own individual preferences. There are three different categories of products, and they are referred to as bullion products, numismatic coins, and modern collectibles.

  • Trusted Dealer

When it comes to investing, transparency is an essential component to consider. The company’s policies are widely regarded as among the most open and honest in the sector. Their primary goal is to provide superior customer service to their clients and increase their revenue as much as possible.

Gainesville Coins Management Team

On the company website, Gainesville Coins does not provide any information regarding the members of its leadership team. Nevertheless, according to the company’s LinkedIn page, Michael Yaffe serves as the company president. Given that the majority of businesses in this sector are more forthcoming about the individuals who are responsible for bullion, our level of confidence in the Gainesville Coins team took a slight hit as a result of this development.

The following individuals are currently listed as being employed by Gainesville Coins, according to the RocketReach profile of the company:

  • Joseph Yaffe (Co-owner)
  • Luis Briceno (Trader)
  • Steve Cochran (Senior Web Content Writer)
  • Nathan Wills (Operations Manager)
  • Sarah Mangla (Account Manager)

Gainesville Coins Custodians and Storage

Gainesville IRA is the company that handles all of the custodial services at Gainesville Coins. Nevertheless, according to the findings of our investigation, they are willing to collaborate with third-party custodians and depositories if you already have a preferred service provider in mind.

In terms of storage, Gainesville Coins does not disclose whether or not it has formed partnerships with any particular vault storage businesses. The following is what is stated in the information regarding storage that can be found on the website:

Gainesville Coins Storage utilizes fully segregated storage, which means that the assets of various customers are not combined with one another in any way. When you store your metals in our vault, you will receive those very same items when you take delivery of your metals. When you store your metals in our vault.

Your assets that have been stored are in a fully liquid state, giving you the option to sell them to us rather than taking delivery of them when the time comes. You have the option of receiving these funds in the form of a business check, having them transferred to you via wire, or keeping them in an account to be used for future purchases. Everything that is kept in our safe deposit box is additionally covered by comprehensive insurance for the total amount that it would cost to replace the item.

When people consider investing in precious metals, one of their primary concerns is how the metals will be stored and whether or not they will be secure. All of Gainesville Coins’ clients have access to the storage options that we provide.

Because of this, you won’t ever have to stress about whether or not your precious metals are secure at any point in time. You can also request that the company make deliveries or liquidate them, and they will comply with your wishes.

Gainesville Coins uses a storage system that is completely separated into different sections. This indicates that the assets of various customers will be combined into a single pool. At the time of delivery, you will receive the exact same thing that you have stored in the vault.

If you decide that you want to sell your assets, the process of liquidating them for that purpose will begin right away. You have the option of receiving the money in the form of a check that is mailed to you, receiving it as a wire transfer, or having it held in the account of your choice so that it can be used for future purchases.

In addition, any valuables that are kept in the vault are covered by insurance. Typically, storage fees are billed on a quarterly basis. There is a monthly minimum charge of $15 for the storage facility.

Gainesville Coins Products

The product catalogue at Gainesville Coins features a diverse assortment of gold, silver, and platinum coins and bullion. The American Gold Eagle, the Gold Austrian Philharmonic, and the American Gold Buffalo are three options available to investors who are interested in holding gold in their precious metals individual retirement account (IRA).

For those interested in silver, some options include the Canadian Silver Maple Leaf and the American Silver Eagle. There is something called the Canadian Platinum Maple Leaf available for investors who have an interest in platinum. On the website of the company, many of the most popular IRA-eligible coins are listed as “Out of Stock,” despite being available in a variety of weights.

Gainesville Coins provides its customers from all over the country with access to a comprehensive selection of gold and silver commodities.

The following are some examples of them:

  • Gold Bullion

The company provides customers with access to three primary varieties of gold bullion. They are as follows:

  • Gold in bar form:

The purchase of gold bullion in the form of coins is the most common and common practice. It is against the law to use bars as a form of currency. Their value is based on the actual amount of gold that they contain (AGW). Gainesville Coins makes it much simpler to acquire gold bars by offering this service online.

  • Coins made of gold:

Many people believe that purchasing gold in the form of coins is the safest option. The government that issued the coins stands fully behind them in terms of both its faith and its credit.

Before 1933, countries all over the world produced the vast majority of their gold coins. In 1933, President Franklin D. Roosevelt made it illegal for private citizens to own gold in the United States.

  • Coins made of silver bullion

Generally speaking, customers will buy silver rounds for a variety of reasons. You have the option of purchasing them for artistic purposes, keeping them in storage, and then selling them at a higher price at a later date. The following reputable manufacturers’ silver bars and silver rounds are available through the company for purchase:

  • Mercury Dime Design Silver Rounds
  • Silver Buffalo Rounds
  • Morgan Dollar Design
  • Masson Mint Heritage Silver Rounds
  • Peace Dollar Design Silver Rounds
  • Walking Liberty Design Silver Rounds

Gainesville Coins Reviews, Ratings, and Complaints

You’ll find a wide variety of reviews, ratings, and complaints about Gainesville Coins below. These come from reputable consumer reporting and rating agency websites. To read the reviews in greater depth, you need only click on the links that have been provided.

  • BBB Rating: A+ (Details)
  • BBB Complaints: 12 complaints closed in last 3 years (Details)
  • RipOff Report: 0 Reports
  • Sitejabber: (3 out of 5) based on 16 reviews

Before making any investments, make sure you have gone over all of your IRA options.

Even though we suggest Gainesville Coins for your individual retirement account (IRA), there are many other options out there. If you believe that you could get a better deal somewhere else, you should look around for a better offer and consider shopping around. Even though the premiums that Gainesville provides are in every way comparable to those provided by other companies, we always recommend doing your research before making a purchase of any kind.

Prior to making any purchases as part of your individual retirement account (IRA) investment strategy, it is essential to give careful consideration to the various precious metals companies that are available. Be aware of a company’s bullion prices, as well as its policies, practices, and most importantly, its storage fees for precious metals. This is in addition to the general reputation of the company.

Shipping Costs

You won’t have any trouble finding retailers who are advertising free shipping cost deals. However, the reality is that the vast majority of dealers factor in the cost of so-called “free shipping” when calculating the cost of premiums and precious metals.

Before you place an order with Gainesville Coins, we provide you with a straightforward method for estimating the cost of the shipping fees that will be incurred. Putting everything you want to buy into your shopping cart and entering your zip code into the shipping calculator is all that is required of you to complete the transaction.

Precious Metals IRA

When opening a precious metal IRA, you will be given the choice between a Roth IRA and a Traditional IRA as investment vehicles. The contributions to a traditional IRA are typically made with after-tax dollars, and the earnings in the account are only liable to be taxed when the money is withdrawn.

On the other hand, contributions to Roth IRAs can be made with money that has already been taxed. This means that they will not be subject to taxation when you withdraw the funds from the account. You have the option to hold either one or both types of IRAs.

However, before you make the choice that will truly affect your future, it is essential to get the opinion of a trained expert. Gainesville Coins has a great deal of experience storing both traditional and Roth individual retirement accounts (IRAs).

To ensure that your choice of custodian and storage option is well-informed, you should take the time to carefully weigh the advantages and disadvantages of each option.

Best Ways to Buy Gold

Gold can be invested in using one of these three methods. Each of these approaches comes with a unique set of benefits and drawbacks.

Gold in the Form of Bullion

It is generally agreed that purchasing gold in the form of bars offers the best value. In most cases, trade in them takes place all over the world in major hubs such as Hong Kong and London.

Because they contain at least 99.5 percent gold or more, bars meet the requirements to be categorized as bullion. Gold that has been physically mined can exist in a variety of forms, but it is always a tangible asset that can be held.

Gold in the form of modern bullion coins and bars

The primary function of gold bullion coins issued by governments today is to serve as investments. Gold bullion coins, in the same vein as gold bars, are manufactured using investment-grade gold. When it comes to purchasing gold for an individual retirement account, they are the method of choice.

The Canadian gold maple leaf, the American gold eagle, and the Chinese gold panda are just some of the modern gold coins that have gained the most popularity.

Gold Coins Available for Collections

The majority of gold coins that are considered semi-numismatic or antique were minted before 1933. They were once accepted as a form of monetary payment.

Coins that are considered numismatic are those that have a collectible value due to the fact that they are an older issue and have a limited production run.

Gainesville Coins Reviews

Gainesville Coins is a well-known precious metals dealer that operates out of Lutz, Florida, where the company’s headquarters are located. The business is particularly proud of its extensive holdings of a variety of gold and silver assets. In addition to this, it asserts that its prices are among the most competitive in the industry for the products it sells.

This is a result of the substantial inventory they keep in stock as well as the fact that they offer their products at wholesale prices. However, there are some customers who are dissatisfied with the fact that the majority of the products are frequently listed as “out of stock” by the company.

Reasons to Hold Gold

Gold has intrinsic value

Gold is widely held as a popular asset that can protect a portfolio of investments from the effects of certain unanticipated economic events. This is one of the primary reasons why so many individuals favor investing in gold.

It is divisible

Gold is divisible into smaller pieces, allowing it to function as a medium of exchange for a wider variety of movable goods.

It is durable

Gold bullion is immune to the effects of natural disasters and cannot lose value over the course of time.


Gold is a precious metal that is in short supply, and unlike fiat currencies, its supply cannot be increased by simply pressing a button on a computer keyboard.

Portfolio Tracker

You will have an easier time keeping track of the performance of your precious metal holdings if you use the Gainesville Coins portfolio tracker.

You will be able to track the performance of the precious metal that you have invested in over the course of history thanks to the free service.


  • Gainesville Coins has an extensive selection of gold, silver, and platinum products in their inventory.
  • Gainesville Coins is a wonderful business associate to have if you are a collector. The company offers a varied selection of ancient coins to its customers.
  • Gainesville Coins is well-known for selling gold, silver, and platinum coins that are eligible for investment in IRAs.


  • At this time, the business does not provide any palladium-based products.
  • The majority of the company’s offerings are frequently listed as “out of stock” on its website.
  • There are times when customers are dissatisfied with the high commission rates.

The Concluding Statements Regarding Gainesville Coins

Gainesville Coins was established in the year 2000 and now has its headquarters in Lutz, Florida. This business deals in precious metals and also offers assistance to customers in establishing precious metals individual retirement accounts (IRAs).

Gainesville Coins is a significant player in the market for precious metals. It has been in operation for more than two decades and has maintained a positive reputation throughout that time. The business provides its clients with access to a sizable inventory from which they can make their selections.

The product catalogue is quite extensive, which makes it appealing to both collectors and investors. However, a significant number of the most popular coins that can be held in an IRA are currently listed as “Out of Stock.” Gainesville Coins does not carry any products made of palladium in their inventory. The company does not present an honest picture of its executive team.

Although Gainesville Coins is a company that meets our minimum expectations, we do not endorse them. They are not a scam, but they are not the best option for investments in gold and they are not IRAs like some of the other companies that we have written about on this website.


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