American Federal Rare Coin and Bullion Review

August 23, 2023
Written by Peter Anderson

Looking to invest in rare coins and precious metals? Look no further than American Federal Rare Coin and Bullion (AmFed). With over 40 years of experience in the industry, AmFed is a trusted and reputable coin dealer that offers a wide range of products and services.

Whether you are a seasoned collector or new to the world of numismatics, AmFed has something for everyone.

From gold and silver to platinum and palladium, they have a diverse selection of precious metals available for purchase.

In addition to their extensive inventory, AmFed also provides expert appraisals, estate liquidations, and consulting services. They are known for being a market maker and authorized dealer for CAC-verified coins, which can sell at a premium.

With convenient online shopping, free shipping on orders over $500, and flexible payment options like their layaway program, AmFed makes it easy for customers to acquire the coins and precious metals they desire.

While there may be other options available for cash purchases or protecting savings with a precious metals IRA, AmFed's expertise in numismatics sets them apart from the competition.

Disclosure: Some of the links in this article are from sponsors. The list below is an honest review gathered from thorough research, experience, and consumer-based feedback. 

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About American Federal Rare Coin and Bullion

If you're looking for a reliable and reputable coin dealer, American Federal Rare Coin and Bullion is the place to go!

With over 40 years in business and membership in various industry organizations, they have the experience and credibility you can trust.

American Federal Rare Coin and Bullion has a long history of providing high-quality rare coins and precious metals to collectors and investors alike.

One of the key factors that sets American Federal Rare Coin and Bullion apart is their outstanding reputation.

They are one of the few BBB Accredited Businesses in the coin dealer industry, which speaks volumes about their commitment to customer satisfaction. And, they have been members of various industry associations for many years, further solidifying their standing in the numismatic community.

While there may be limited online customer reviews available for American Federal Rare Coin and Bullion, their longstanding presence in the industry speaks volumes about their reliability.

With over four decades of experience, they have built a loyal customer base who trusts them for all their rare coin and precious metal needs.

Another aspect worth considering is whether American Federal Rare Coin and Bullion offers precious metals IRA services. While it's unclear if they explicitly provide this service, it's always recommended to explore other options when it comes to protecting your savings with a precious metals IRA.

American Federal Rare Coin and Bullion is a trusted rare coin dealer with a strong history, excellent reputation, and wide variety of products and services.

Whether you're an experienced collector or new to investing in precious metals, you can rely on their expertise to guide you through your purchase or sale journey.

AmFed Products and Services

When it comes to rare coins, one key point to consider is CAC Verification. American Federal Rare Coin and Bullion (AmFed) is a market maker and authorized dealer for CAC-verified coins.

These coins are highly sought after and can sell for a premium of up to 200% higher than non-verified coins.

So if you're looking for rare coins with added value and authenticity, AmFed's selection of CAC-verified coins is definitely worth exploring.

CAC Verification

Check out American Federal Rare Coin and Bullion's CAC verification process to ensure that the coins you buy meet their high standards of quality and eye appeal.

CAC verification is a third-party grading service that verifies if a coin meets specific standards set by Certified Acceptance Corporation. CAC-verified coins have several benefits, including higher market value compared to non-CAC coins. In fact, CAC-verified coins can sell for up to 200% higher than their non-CAC counterparts.

The CAC sticker on a graded coin indicates that it has met the company's strict criteria for quality and eye appeal. This certification gives buyers confidence in the authenticity and condition of the coin they are purchasing.

American Federal Rare Coin and Bullion is both a market maker and authorized dealer for CAC-verified coins, meaning they regularly buy and sell these highly sought-after pieces.

When purchasing from AmFed, you can be assured of receiving top-quality numismatic products that have been rigorously evaluated by industry experts.

Estate Liquidations

Looking to sell your inherited coin collection or other valuables? American Federal Rare Coin and Bullion can help you navigate the estate liquidation process, making it as smooth and stress-free as possible.

With their expertise in numismatics and extensive experience, they understand the complexities involved in selling inherited coins.

When it comes to estate liquidations, AmFed offers probate assistance to ensure a seamless transition. They have the knowledge and resources to guide you through this complex legal process, saving you time and effort.

Whether you need assistance with appraisals or completing necessary paperwork, their team is there to support you every step of the way.

Valuating inherited coin collections can be challenging without expert guidance. AmFed provides professional valuation services to accurately assess the worth of your coins.

Their experienced staff will carefully evaluate each coin's rarity, condition, and historical significance to determine its fair market value.

Selling inherited coins can be a daunting task, but AmFed simplifies the process for you. They offer various options such as private treaty sales, auctions, or dealer buyouts to maximize your return on investment.

With their vast network of collectors and industry connections, they can find the best avenue for selling your coins at competitive prices.

If you're looking for assistance with estate liquidations and selling inherited coins or other valuables, American Federal Rare Coin and Bullion is a trusted partner. 

Their knowledgeable staff will provide expert guidance throughout the entire process while ensuring that you receive a fair price for your valuable assets.

Appraisals

If you want to know the value of your coins or precious metals, AmFed's experienced staff can provide accurate appraisals to help you make informed decisions. Professional appraisals are essential when it comes to assessing the worth of your coin collection or precious metals.

Here are some factors to consider when getting a coin collection appraised:

  1. Expertise: AmFed's numismatic experts have extensive knowledge and experience in evaluating rare coins and precious metals. They possess the necessary expertise to accurately determine their value.
  2. Thorough Evaluation: The appraisal process involves a detailed examination of each coin or piece of precious metal. Factors such as rarity, condition, historical significance, and market demand are taken into account.
  3. Informed Decisions: Obtaining a professional appraisal from AmFed, you gain valuable insights into the true worth of your assets. This information enables you to make informed decisions regarding selling, insuring, or estate planning.
  4. Estate Planning Benefits: Appraisals play a crucial role in estate planning by providing an accurate valuation of coins and precious metals that can be included in wills or trusts. This ensures that your assets are distributed according to your wishes.

AmFed follows a meticulous appraisal process for rare coins and precious metals, ensuring accuracy and reliability in their evaluations. Their knowledgeable staff takes into consideration various factors unique to each item during the assessment process.

With AmFed's professional appraisals, you can confidently navigate the world of numismatics while making well-informed decisions about your coin collection or precious metal holdings.

Precious Metal Buyback

AmFed's precious metal buyback program allows you to effortlessly part ways with your valuable metals. Envision a hassle-free process that ensures prompt payment at competitive prices.

When it comes to selling your gold, silver, platinum, or palladium, AmFed offers a convenient solution.

The precious metal buyback process is straightforward and designed to provide customers with a seamless experience. To participate in the buyback program, simply contact AmFed and provide them with details about the metals you wish to sell.

They will then calculate the current spot price of the metals and offer you a quote that includes a small premium. This ensures that you receive fair compensation for your precious metals.

Customer testimonials highlight the satisfaction of those who have used AmFed's buyback program.

Many customers appreciate the competitive buyback rates offered by AmFed compared to other dealers in the market. AmFed pays promptly, usually within 24 hours of agreeing on the sale.

When it comes to eligibility criteria for the buyback program, there are no specific restrictions mentioned on their website. But, it's advisable to reach out directly to AmFed for more information regarding any potential limitations or requirements.

As for payment options, AmFed offers various choices for customers' convenience. They can issue payment via check or bank wire transfer according to your preference.

AmFed's precious metal buyback program provides a reliable and efficient method for selling your valuable metals at competitive prices while ensuring prompt payment and customer satisfaction.

Coin Consignment

Selling your coins through AmFed's coin consignment services offers a hassle-free way to find buyers and complete transactions, allowing you to sit back and relax while they handle the process.

With their extensive experience in the numismatic industry, AmFed has built a network of potential buyers who are interested in acquiring rare and valuable coins.

Here are some key benefits of using AmFed's coin consignment services:

  • Consignment Process: The consignment process is straightforward. All you need to do is provide AmFed with detailed information about your coins, such as their condition, rarity, and any relevant historical background. They will then market your coins to potential buyers through various channels.
  • Consignment Fees: Unlike auction houses that charge high commissions, AmFed charges a small commission for their services. This means more money stays in your pocket when you sell your coins through them.
  • Consignment Benefits: Opting for coin consignment, you benefit from AmFed's expertise and reputation in the industry. They have access to a wide range of collectors and investors who trust their judgment when it comes to purchasing rare coins.
  • Consignment Risks: While there are risks associated with any selling process, AmFed takes on most of these risks by guaranteeing to pay 1/3 cash offer upfront. This means that even if the market collapses completely, you still receive a portion of the agreed-upon value for your consigned coins.
  • Wide Exposure: By utilizing AmFed's coin consignment services, your coins will receive wide exposure among potential buyers. This increases the chances of finding the right buyer who's willing to pay top dollar for your valuable pieces.

If you're looking for a convenient and reliable way to sell your rare coins without the hassle of finding buyers yourself or dealing with complicated auction processes, consider utilizing AmFed's coin consignment services.

They'll handle all aspects of the transaction while ensuring that you receive a fair price for your valuable coins.

How to Purchase Products from American Federal Rare Coins & Bullion

To purchase products from AmFed, simply visit their website or head over to their retail store in Scottsdale, Arizona. Their online shop offers a wide selection of coins, currency, and precious metals for sale.

It provides a convenient way to browse and purchase items from the comfort of your own home.

Accepted payment methods include electronic funds transfers (EFT), credit cards, and Paypal. If you prefer to make your purchase in person at the retail store, you can pay through bank wires or personal checks.

When shopping online, customers will need to create a free account on the website using their email address and password. This account allows them to track orders, view order history, and manage account information.

Once an item is added to the cart, customers can proceed to checkout where they will be asked for their shipping address and payment information.

AmFed offers shipping options through USPS or UPS. Orders over $500 qualify for free shipping. For those who prefer to pay for their purchases over time, AmFed also has a layaway program available.

With a 20% down payment requirement, customers can spread out payments over 90 days.

Whether you choose to shop online or visit their retail store in Scottsdale, AmFed makes purchasing numismatic products easy and convenient with various payment options and flexible programs like layaway.

Pros of American Federal Rare Coin and Bullion

One of the advantages of AmFed is their wide range of products and services, making them a convenient one-stop-shop for all numismatic needs.

Whether you're looking to buy or sell coins, currency, or precious metals, AmFed has you covered. They also offer appraisal services, coin consignment options, and even a layaway program for those who prefer to pay over time.

AmFed's reputation in the industry is another pro worth mentioning.

With over 40 years in business and membership in reputable organizations like the Better Business Bureau, they've established themselves as a trustworthy and reliable coin dealer.

This gives customers peace of mind knowing that they're dealing with a reputable company.

Customer service is also top-notch at AmFed. The staff is experienced and knowledgeable with about 100 years of combined experience in numismatics. This means they can provide expert advice and assistance to customers, ensuring that their needs are met satisfactorily.

Another advantage of AmFed is their wide inventory. They offer a variety of coins from different countries and eras, as well as paper currency including obsolete U.S. currency.

In addition to coins and currency, they also deal in precious metals such as gold, silver, platinum, and palladium.

AmFed offers several pros that make them an attractive option for those interested in rare coins and precious metals. Their wide range of products and services, along with their reputation for excellent customer service and experienced staff, set them apart from other dealers in the industry.

Cons of American Federal Rare Coin and Bullion

However, a potential drawback of AmFed is the limited availability of online customer reviews, which may make it difficult for individuals to gauge the overall customer satisfaction and experience with the company.

Online ratings and reviews are often relied upon by consumers to assess the credibility and reliability of a business. Without a substantial number of reviews, it becomes challenging to determine if AmFed consistently provides positive experiences for its customers.

Another aspect that could be seen as a drawback is the lack of pricing transparency.

While AmFed offers reasonably priced products and services, some customers may prefer more transparency in terms of pricing information. This would allow them to compare prices with other dealers and ensure they are getting the best value for their money.

There have been occasional reports of shipping delays with AmFed. While this may not be a common occurrence, it can still be frustrating for customers who are eagerly awaiting their purchases.

There have also been isolated concerns raised about product authenticity with AmFed.

Although they source their products from reputable dealers and mints, there is always a small risk associated with purchasing rare coins and precious metals. Customers should exercise caution and consider independent verification when making significant purchases.

While AmFed has experienced staff members with extensive knowledge in numismatics, some customers have reported negative experiences with customer service quality.

It's essential for any business to prioritize excellent customer service to ensure client satisfaction throughout every step of the buying process.

While American Federal Rare Coin and Bullion has several notable strengths, these potential drawbacks should be considered by individuals when deciding whether or not to do business with them.

Conclusion

American Federal Rare Coin and Bullion (AmFed) is a reputable and experienced coin dealer that offers a wide range of products and services related to rare coins and precious metals.

With over 40 years in the business and a team of knowledgeable staff, AmFed provides expertise in numismatics, appraisals, estate liquidations, and consulting.

They are also a market maker for CAC-verified coins.

While there may be better options for cash purchases or precious metals IRA, AmFed remains a trusted choice for collectors and investors alike.

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