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ICCoin Review

Bear Lake Gold has conducted this ICCoin review to give our expert views on this company, what it is, its products and services, its pros and cons, and costs and fees. This review will also carry information about its IRA offerings, precious metal coins, and bullion offers.

We employed our standard review methodology in conducting this review. As part of this review, we contacted customers who have worked with ICCoin, and some of the staff in the company.

It is so sad that the information we got from our interactions did not meet our standards for listing the company among our top precious metals and IRA companies.

One of the ways to prepare for generational wealth before retirement is by investing in a vehicle that will save your earnings from the ever-rising rates of inflation. These investments are usually less volatile and low-risk Investments. Over the years, studies have shown that investing in precious metals is one of the surest ways to hedge your money against inflation.

After reading this review, you should be able to decide whether to invest your money through ICCoin or choose any of our recommended top three precious metals and IRA companies.

Please click the buttons below to see the full guides and details from our recommended top three precious metals and IRA companies.

 

#1 Recommendation

Best Overall Precious Metal Provider

 

Best IRA Gold information packREQUEST YOUR AUGUSTA GOLD GUIDE

 

#2 Recommendation

Best  Gold IRA Based On Price

 

Best IRA Gold information pack REQUEST YOUR GOLDCO GOLD GUIDE

 

#3 Recommendation 

Most Reliable IRA Provider

 

Best IRA Gold information packREQUEST YOUR HARTFORD GOLD GUIDE
ICCoin Review

Company Name

Introduction to ICcoin

ICCoin is a precious metals company founded in 1975, and since then, it has been in active business. The company has a wide variety of coins in its collection that users can buy through mail orders or on their eCommerce profile.

ICCoin offers its customers quality products. If you look through its website, you will see different coins and their quality descriptions. They also guarantee their customers that their coins are authentic when customers buy.

ICCoin has sold coins to many customers across the continents of the world since it started doing business. The company's website is the oldest and largest when it comes to varieties of coin and collectibles worldwide. If you are a constant coin collector, you can attest that they have a wide selection of valuable rare, classic, modern, and international coins.

The company is located in Vermont, United States. However, they have customers from different parts of the world buying coins from them. Therefore, even if you are not based in the United States, you can always log on to their website and buy coins, as long as they specify on their website that they can deliver them to your country. Amazingly, they ship coins and collectibles for as low as $6.95 if you are located in the United States.

ICCoin do not offer gold IRA or precious metal IRA services. The company also does not give clients opportunities for income generation or investing as most precious metals companies in the industry do. The company is a good place for coin collectors to buy various coins.

You can only purchase coins from ICCoin through their official website. Although, before you purchase, you must open an account. One reason for opening an account before you Checkout is so that you can provide details of your shipping address. Another reason is that it is the only way to safely pay for collectibles and coins.

New customers can navigate the buying process of ICCoin with ease. If you are new, you can always reach out to their customer services if you face any difficulties with your purchase.

How Does ICCoin Work?

From our interactions with the company employees, we discovered that the company sells most of their product via two channels.

  • Mail order.
  • Their eCommerce platform.

When we contacted some of their customers who bought through these methods, they said they did not have issues getting their products shipped to them. We believe that the ease customers experience when making purchases or arranging shipments is because the company has long-term well established logistical systems in place.

Most of these customers told us that they were able to get their products delivered to them by filling out their preferred location via the company’s official website.

To order and ship products successfully, here are the steps you will need to take:

Step One

Go to the company's official website, navigate to the coin menu and locate the coin(s) you want to buy.

Step Two

Proceed to add your coins or collectibles to the cart.

Step Three

You will see the cart icon on the upper right of your screen. Click it.

Step Four

Navigate to the Checkout Now button and click it.

Step Five

You will be redirected to the Open New Account page if you are a new customer. You can now log in with your registered details when you submit the needed information.

Step Six

After logging into your account, you must select your preferred payment method. The various payment method options available are

  • MasterCard
  • Visa
  • Discover
  • American Express
  • Paypal

The website has details of its customer care phone number for customers who might face some difficulties with this process.

What Does ICCoin Sell?

The company sells a wide variety of coins to its customers. On its website, these coins are neatly arranged for customers to easily search for their preferred products. Here is a list containing the categories of coins offered by ICCoin.

  • Their bargain vault contains U.S. coins, world coins, dollar deals, and supplies.
  • Mix-n-match sets.
  • Collectibles, for example, coin books, stamps, silver rounds, banknotes, accessories, and coin jewelry.
  • Starter coins.
  • World coins like the Philippines, Germany, GB, Australia, Mexico, Africa, and Ancient coins.
  • Certified coins.
  • Supplies include bezels, tubes, books, capsules, albums & folders, storage boxes, and super safe holders.
  • Gold coins include world, classic and modern coins.
  • S. coins, for example, commemoratives, mint sets, type coins, silver eagles, proof sets, half dollars, dollars, dimes, quarters, cents, and nickels.

The company’s bargain vault has a lot of unique products. We found after a series of random checks on different dates over the course of a couple of months, that many of the coins and collectibles in this category were often out of stock. The products in this vault are also heavily discounted and quite valuable.

ICCoin Products and Services

The company has 12 categories of coins and collectibles neatly laid out on its website for easy customer navigation. The categories on their website are:

  1. Early Coinage
  2. Dollars
  3. Half dollars
  4. Quarters
  5. Dimes
  6. Nickels
  7. Cents
  8. Commemoratives
  9. American Silver Eagles
  10. Mint Sets
  11. Proof Sets
  12. Starter Sets

Early Coinage

  • Two cent pieces between 1864 and 1871
  • Pairs of three-cent nickels between 1865 and 1889
  • Classic half-cent heads between 1809 and 1835
  • Half-cent braided hair between 1849 and 1857
  • Copper-nickel Indian cent heads between 1860 and 1864

Dollars

  • WWI brilliant silver dollar uncirculated centennial from 2018
  • Silver dollar Five-Star General proof from 2013
  • Peace pair of silver dollars from 1923 and 1934-S
  • Brilliant pair of Morgan silver dollars uncirculated from 1896 and 1898-P

Half Dollars

  • Silver half-dollar Seated Liberty from 1839 to 1891
  • Illinois centennial uncirculated pair of silver half dollars from 1918
  • Connecticut Tercentenary pair of uncirculated silver half dollars from 1935
  • P & D Kennedy uncirculated brilliant P & D half dollar from 2021
  • Silver Walking Liberty half dollar from 1933-S

Quarters

  • Three different uncirculated Washington silver quarters from 1960 to 1964
  • Framed set of state quarters from 1999 to 2008
  • Five national uncirculated park quarters from 2020
  • National Tuskegee historic site national uncirculated brilliant quarter from 2021-D

Dimes

  • Silver dime Roosevelt proof from 1960 to 1964
  • 76 Mercury dime coin set, including an album from 1916 to 1945
  • Five-coin Mercury silver dime from 1941 to 1945
  • Roosevelt dime coin set proof with 42 coins from 1968 to 2009

Nickels

  • Liberty V gold plated nickel from 1833
  • Nickel pair Buffalo and Jefferson from 1938-D
  • Brilliant uncirculated Jefferson nickel from 1941-S
  • Jefferson nickel 43 coins set S-mint proof from 1968 to 2008

Cents

  • Large Matron head cent from 1816 to 1935
  • Indian head cent from 1908-S
  • Three-coin Lincoln cent set from 1920 to 1929
  • Four-coin 24k gold plated Lincoln cent set from 2009
  • Brilliant, uncirculated P & D 14 coin Lincoln set from 2010 to 2016

American Silver Eagles

  • Pair of Silver Eagle proofs from 1986 to 2004
  • Complete set of uncirculated brilliant Silver Eagles from 1986 to 2020
  • Type I proof Silver Eagle from 2021
  • Type I Silver Eagle certified MS-70 from 2021

Mint Sets

  • Proof and mint set pair from 1993
  • Proof set from 1994 to 1996
  • Mint set collection from 1998 to 2000
  • 28 mint set coins from 2012
  • 28 mint set coins from 2015

Proof Sets

  • Set pair Prestige proof from 1986 and 1988
  • Silver Statehood quarter set pair proof from 2004 and 2006
  • Four coin proof set Presidential dollar from 2012
  • One coin proof set Innovation dollar from 2018

Starter Sets

  • Three different uncirculated brilliant silver Roosevelt dimes from 1946 to 1964
  • Framed coin and currency collection Let Freedom Ring, the Great Presidents
  • Uncirculated brilliant pair of silver Washington quarter and Roosevelt dime 1963-P
  • Uncirculated brilliant 14 coin set P & D Lincoln from 2010 to 2016

Commemoratives

  • Uncirculated brilliant half-dollar Boys Town centennial from 2017
  • Uncirculated brilliant half-dollar Breast Cancer Awareness from 2018
  • Uncirculated brilliant curved silver dollar Apollo 11 from 2019
  • Silver dollar Women’s Suffrage centennial proof from 2020

World Coins

Some of the coins that are available under this category are:

Great Britain

  • Uncirculated brilliant Great Britain Coronation Crown Queen Elizabeth II from 1953
  • Uncirculated brilliant silver one-ounce Great Britain Britannia from 2020

Australia

  • Silver George VI Coronation Australian crown from 1937
  • One-ounce Australian uncirculated brilliant silver Kangaroo from 2020
  • One-ounce Australian uncirculated brilliant silver great white shark from 2021

Africa

  • One-ounce uncirculated brilliant South African Krugerrand from 2020
  • Uncirculated four-coin Sierra Leone Lost World of the Dinosaurs set from 2006

Canada

  • Uncirculated brilliant silver dollar Canadian totem from 1958
  • Pair of Calgary silver dollars from 1975
  • Charlottetown Canada from 1964
  • Silver Canada British Columbia dollar from 1971
  • Silver Canada bison dollar proof from 1982

China

  • Uncirculated brilliant 10 Yuan 30-gram silver China panda from 2021

Mexico

  • Two-bit silver bust Mexico 2 Reale from 1772 to 1825
  • Eight Reale cap and Ray silver Mexico from 1824 to 1897
  • Uncirculated brilliant Peso Mexico from 1957 to 1967
  • Uncirculated 25 pesos silver Mexico Summer Olympics from 1968

The British Virgin Islands

  • Uncirculated brilliant Statue of Liberty British Virgin Islands dollar from 2002
  • British Virgin Islands 9/11 Kennedy colorized half-dollar pair from 2002

Germany

  • Axis Powers World War II four-coin collection
  • Hindenburg silver Nazi Germany two mark from 1936 to 1939

Philippines

  • American Philippines silver Liberty peso from 1907 to 1912
  • Silver General MacArthur peso pair and 50 centavos uncirculated Philippines 1947

Prussia

  • William II Silver Jubilee uncirculated five mark from 1913 and 1914

Ancient Coins

  • Widow’s Mite of the Bible ancient coin circa 103 to 37 BC
  • Silver Madonna and Child Hungary denar

Collectibles

  • Gold
  • Banknotes
  • Stamps
  • Silver Route 66 shields
  • Metals and rounds
  • Coin accessories
  • Certified
  • Colorful currency and coins
  • Coin Jewelry

Supplies

  • Dollar folders and albums
  • Half-dollar folders and albums
  • Quarter folders and albums
  • Dime folders and albums
  • Nickel folders and albums
  • Penny folders and albums
  • Storage boxes
  • Coin collecting books
  • Coin holders and cases
  • Supersafe Holders
  • Tubes
  • Bezels
  • Capsules

Bargain Vault

The products under this category are not constant. You must keep checking the company's website regularly for sales of products in this category. There are generally five subcategories in this category. These categories, as offered by ICCoin, are:

  • World coins
  • United States Silver Dollars
  • Miscellaneous
  • Supplies

Miscellaneous

The coins and collectibles in this category are the ones that are not listed in any categories above. The company offers discounts to customers based on the products they are buying. When we checked their website, some of the products had up to 25% off. When we asked why some of their desirable coins were in the bargain vaults, the company representative could not give us an answer.

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ICCoin Costs and Fees

If you place an order worth $499or more, you will get free shipping automatically. Customers' can choose their preferred shipping method to select how fast they received their order.

The company has three different shipping options, which are:

  • Two-day Shipping.
  • Standard Shipping.
  • Expedited Shipping.

The cost of shipping is based on the type of shipping clients select. Shipping products to Canada and most international countries takes about four weeks after processing the order.

ICCoin Customer Support

The company's customer service does not appear very impressive in our opinion. Some customers who worked with the company's customer care agents complained they were not responsive. We found that customer support is only open between 9 am to 5 pm from Mondays to Fridays. This work time can be inconvenient for customers who live in different time zones.

You should also know that the company does not grant walk-in appointments. If you have an urgent question or concern, you will have to fill out the form and wait until you get a response from their customer support, we tested this on three occasions and response times varied between 48 hours and 9 days.

What Makes ICCoin Unique?

ICCoin, as a precious metal company, stands out in the industry because of its Refund and Return Policy. The company has policies that guarantee customer satisfaction for every order people place through their website. Customers can return their products if they are not satisfied with the quality. However, the products must not have further alterations during the return process, and you must return them within the first 30 days of purchase. You can either request a refund or exchange.

You must return the items within ten days of purchase for a refund if they are special orders. If you bought a set of items in the special order, you must return all the items in the order, even if it is just one item you are unsatisfied with. Before you return an order, you must get an authorization number for return from the company. You will get the number via a call or email.

When returning a product, you must include a letter stating your reason for wanting an exchange or a refund. Make sure you include your phone number, full name, and contact address in the letter. When returning the products, you must package the coins properly to avoid them getting damaged.

How Do Customer Review Sites Rate Company Name?

BB Review and Customer Testimonials

A+

ICCoinm is a BBB Accredited Business.

Business Consumer Alllience Review

No Reviews Were Found

No Reviews Were Found

Google review

No Reviews Were Found

No Reviews Were Found

Facebook Reviews

No Reviews Were Found

No Reviews Were Found

Trustpilot Reviews

No Reviews Were Found

No Reviews Were Found

ICCoin Pros And Cons

ICCoin Pros
 They have been in the industry for a very long time
The business has BBB accreditation
They have a functional eCommerce platform
They offer a wide range of coins and collectibles
The company has a return and refund policy
ICCoin Cons
ICCoin does not offer IRA services
We found their customer support and customer services to be slow and unresponsive
They do not offer buyback services
They have very few customer reviews on the key review platforms or on their own website.

Our Recommended Alternatives To Company Name

Goldco is an industry-known precious metal and gold IRA investment company. Some of the features that distinguish them are

  • Longevity in the industry.
  • They have multiple awards from reputable firms.
  • Wide collection of precious metals coins and bars.
  • Great customer service.

Plenty of positive customer reviews and ratings on review sites.

Augusta Precious Metal is a renowned precious metal and gold IRA company. Here are the features of the company that makes it stand out.

  • Their solutions are premium investment offers.
  • They have a team of experts ready to help you with your investments.
  • They have excellent customer support.
  • They open new customers to a pool of rich educational materials and investment guides.
  • They use Delaware security for their storage solutions.

They offer IRA services.

American Hartford is another precious metal and gold IRA company on our recommended top three list.

They offer quality precious metals and can buy back services if you choose to liquidate after buying.

Conclusion to our ICCoin Review

Bear Lake Gold has put this ICCoin review together to help you decide if this is the best company for you to purchase coins and precious metals from.

From our findings, we can say that ICCoin seems to be a legitimate company and not a scam company.

As the name suggests they are predominantly a coin dealer and not a precious metals bullion dealer. ICCoins do not offer Gold IRA services or other precious metal IRA Services.

If you are looking to invest in a gold IRA then we recommend you look at the likes of Augusta Precious Metals or Goldco who are our top highest ranked companies for the provision of Gold IRAs.

We must therefore evaluate them purely as a coin dealer.

We found ICCoins customer services severely lacking, we found both the length of time they took to respond to our queries and the level and quality of their replies to be wholly inadequate in our opinion.

Therefore, in our expert opinion, the best companies for investing money for retirement through are our top three recommended gold IRA and precious metals companies.

American Hartford, Goldco, and Augusta Precious metals offer IRA service, have excellent customer support, and keep their customers informed through their rich educational resources. If you live in the United States, investing through these companies will keep you satisfied and you will have peace of mind.

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