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Business Profile

Precious Metal Dealers

Austin Coins Inc.

This business is NOT BBB Accredited.

Find BBB Accredited Businesses in Precious Metal Dealers.

Reviews

Customer Review Ratings

1/5 stars

Average of 12 Customer Reviews

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Review Details

  • Review fromRonald and Kaye P

    Date: 10/23/2024

    1 star
    My husband and I are just sick at the loss of our coin collection! We were talking with Austin Coins about selling our collection valued at approximately $150,000. Austin Coin sent us ***** boxes so we could send in the collection for appraisal. My husband asked 'How do I know we can trust you?'. Mr ****** reply was 'we don't do business that way'. We simply wanted to sell it for a cash payment. They said they would need 45 days to sell the collection. They wanted to give us 1991 silver dollar coins in payment. We called around to other coin dealers and asked about the value of these coins and were told by three other coin dealers that these 1991 coins were certainly not worth very much. We told Mr **** that were only interested in cash or the equivalent in gold. When we opened the appraisal email, we found a notation saying 'begin signing'. We weren't about to sign anything per our conversations with Mr ***** We signed nothing! A few days later a signed contract appeared on our computer!!! We are out our coin collection and our money. Is there someone who can help us?
  • Review fromTom R

    Date: 06/16/2024

    1 star
    On March 14 2024, I agreed to purchase 100 American Silver Eagles for $3270. I paid with a personal check made out to New York Federal Gold supposable their parent company. I was told the coins would ship in about 2 weeks. They did not ship as promised and for the next 3 to 4 weeks I was told they would ship in the next 2 to 3 days or at the end of the week. I then assumed they did not have the coins and ask for a refund of my payment. Again, for the4-6 weeks, I was told that the refund check would be mailed in 2-3 days over and over again. I was never allowed to speak to the person in charge and he would never call me back. After 3 months of calling and being lied to every time, it looks like they don't intend to ship me the coins or issue me a refund. I have been ripped off or scammed
  • Review fromJeff L

    Date: 06/13/2024

    1 star
    Wired these people ****** for the purchase of silver eagle coins. I never received the coins. After several weeks and several calls the rep i was dealing with said he was going to initiate a refund. After two plus weeks of no refund I contacted him and have been unable to reach him. Called the main office and the receptionist assured me she would get another associate to initiate the refund. Waited several more days with no refund. Now I do not get anything but answering machines on any number I try to call. It now seems that these people may be under indictment on racketeering charges. I suspect my money is long gone. Would love to be proved wrong.
  • Review fromLynn B

    Date: 04/24/2024

    1 star
    Got an unsolicited call from Austin Coins(caller ID). The guy who called said he was from Austin Coins and asked how I was. I didnt know him or his company but he was extremely rude for no reason and hung up. I was about to tell him to never call here again. If this is a legitimate business you wont be for long with employees like him.

    Austin Coins Inc.

    Date: 04/25/2024

    ****, We are truly sorry to hear about your recent experience with our company. We appreciate you taking the time to bring this to our attention. At Austin Coins, we strive to provide excellent customer service and we regret that we fell short of that expectation in this instance.We would like to assure you that this is not the standard of service that our customers have come to expect from us. We take your feedback very seriously and we are committed to addressing your concerns.To ensure that you do not receive any further unsolicited calls from us, we kindly request you to share your contact number via a private message or email ****************************** We will promptly add it to our Do Not Call list.Additionally, we would like to investigate this matter further to identify the representative who interacted with you. If you could provide any additional details such as the date and time of the call, it would greatly assist us in our investigation.Once again, we apologize for the inconvenience caused and thank you for your understanding. We value your feedback as it helps us improve our service.
  • Review fromLarry L

    Date: 04/09/2024

    1 star
    Deception from the start.would be glad to join others that have lost their collections or been deceived by their transactions. disabled vet in state home.

    Austin Coins Inc.

    Date: 04/11/2024

    Thank you for reaching out and expressing your concerns. We sincerely apologize for any inconvenience or frustration this situation may have caused you. Maintaining transparency and addressing your concerns promptly is of utmost importance to us. Upon reviewing our records, we confirm that on February 2nd, 2024, you signed the trade inventory agreement. This agreement outlined the terms of liquidating the coins you sent in for exchange, as specified in the accompanying invoice. We understand the importance of clarity in such agreements, and we strive to ensure that all terms are clearly communicated and understood by our clients. We apologize we didn't meet your expectations.
  • Review fromMichael A

    Date: 02/22/2024

    1 star
    They will not stop with the cold calls. They call my family who have nothing to do with them, never purchased anything from them, torture them. These are the worst of the worst *******. If I could leave zero stars, I would.

    Austin Coins Inc.

    Date: 02/23/2024

    Dear *******,We're truly sorry to hear about your experience. We take your feedback seriously and want to address your concerns immediately.Please be assured that all our calls are recorded for quality assurance. If you could provide us with the numbers that have been receiving these calls, we can:1. Review the call recordings to understand the situation better.2. Remove these numbers from our call list if they have indeed been contacted.We maintain a proactive listening environment in our board room and we assure you that no one in our team is allowed to harass people. If you could provide your name or number, we can verify the calls and address the issue directly.We pride ourselves on maintaining a corporate environment that respects the rights and privacy of all individuals. We do not tolerate any behavior that contradicts this principle.We hope to resolve this matter as soon as possible. Your patience and cooperation are greatly appreciated.Best Regards,Management
  • Review fromRobert B

    Date: 01/12/2024

    1 star
    I would agree with those who have given one or no stars to Austin Coins. I spent $22,000 with them and the junk they sold me has been appraised at about 15% of the value they claim. At the same time they scoff at the small amount of money I have invested, and yet will not refund the money or exchange the $22,000 that I sent them for high intrinsic value coinage like Maple Leafs, which is what I thought I was purchasing. I did not know the nature of what they had sold me until I insisted on seeing the invoice, which was given to me a full 2 weeks after the transaction. I refused delivery on what they had sold me and those coins remain in their vault. I will never accept delivery on them because then returning them would be more of a nightmare. This is a despicable organization.

    Austin Coins Inc.

    Date: 02/06/2024

    Dear ******,Thank you for your review and for choosing our services. We understand your request to sell the coins we previously sold to you and your wish for us to hold them until a buyer is found.However, we would like to clarify that our standard practice is to sell coins immediately upon purchase. We do not typically hold onto coins for customers. This is to ensure a smooth and efficient transaction process for all our customers.We also want to emphasize that the sale of specific coins is dependent on the interest of potential buyers. We cannot guarantee an immediate sale as it depends on the market demand for those specific coins.We appreciate your understanding and patience in this matter. We assure you that we will do our best to facilitate the sale of your coins as soon as a suitable buyer is found.Best ******** **********
  • Review fromMitch C

    Date: 01/04/2024

    1 star
    You pay the money and dont get the coins! First round took over 6 months and I got hosed by 20 grand that giving them a 30% ******** I connected with the salesman first time, he got cut out of the first deal by some fat fast talker that fortunately got his karma from what I hear. So I tried to give the hard working kid a second chance its 4 months now NO COINS tried to convert to aN *** which they probably cant legally do anyway. They insult me with my 30k investment, whats worse is they cant even deliver on a 30k investment so whos the small timers and the cheaters. Between the first and second purchase/not delivered lyod is no longer a part of the company, makes me wonder. I guess Ill have to take legal action against a TOTALLY DISHONEST company that only wants to scam and not deliver.Anyone working for this company should really take a look inward. Better yet are you getting paid on time I suspect probably not, but you can be sure the owner is

    Austin Coins Inc.

    Date: 01/09/2024

    Hi *****,Thank you for taking the time to leave us a review. We appreciate your feedback and we are sorry to hear that you are not satisfied with our service.We understand that you are not a client of ours, as you have not purchased any of our products or services. Our business model is based on providing high-quality solutions that meet the specific needs of our clients. We do not offer generic or one-size-fits-all products or services, as we believe that each client deserves a personalized and tailored approach.We apologize for any confusion or frustration that this may have caused you. We would love to have the opportunity to talk to you and explain how we can help you achieve your goals. Please feel free to contact us to speak to one of our friendly and knowledgeable representatives.Thank you for your interest in our business and we hope to hear from you soon. We are confident that we can provide you with the best solution for your needs and exceed your expectations.Sincerely,Austin Coins
  • Review fromLarry R

    Date: 08/10/2023

    1 star
    I had a 90-day sell agreement verbally recorded by MT for $14K. I never received a written sell agreement,only a false and fraudulent trade agreement which I rejected. It is long past the 90 day period and I have not received my money. There has been no response to any of my many messages to Austin Coins. When will I get my money? Is this theft or Fraud or both? ************

    Austin Coins Inc.

    Date: 01/09/2024

    Dear *****,Thank you for your honest feedback and for allowing us to rectify the situation. We are glad that we were able to resolve the issue.We apologize for any inconvenience or disappointment that this may have caused you. We value your business and your satisfaction is our top priority. We hope that you will give us another chance to serve you in the future and show you the high standards of quality and service that we strive for.Please feel free to contact us anytime if you have any questions or concerns. We would love to hear from you again and see you back at our store soon.Sincerely,Austin Coins
  • Review fromJohn M

    Date: 06/30/2023

    1 star
    They tried to sell me coins by using a widow that husband had pass and she had 50 rolls of ****** silver dollars and down to 10 rolls left but I could only have 3 rolls and telling me they could grade up to MS 64 and guaranteed me that I could double my money or they would give me my money back in 7 days.. in less than 4 hours two people called me giving me the same story and they called me relentlessly from eight different numbers from ********* ******** and ******** because I hung up on them ,then the owner call to apologize and saying that his staff should not be doing this type of tactic and he was willing to knock off another $100 and throw in a silver dollar free if we could make a deal.. and most importantly they were asking $1,600 roll and the coins are more likely worth $1,100 roll so they were trying to get an extra four or $500 a roll then what they're worth..

    Austin Coins Inc.

    Date: 07/19/2023

    We wanted to apologize again for the behavior of the sales rep. *** coins presented to you were offered to you below market value. We can certainly remove your number from any future calling lists.

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