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A Jim coin is rare; it is almost entirely made of precious metals. They are often so valuable that their entire value is at least equal to the melt value of their raw materials.
These coins can be used for money and collecting, investment, or numismatics. Their value is determined by their rarity and the use of precious metals.
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About Jim Coad Rare Coins
Product Type
Jim Coad Rare Coins specializes in previously-owned rare coins, bullion, and numismatic products. In particular, their specialty is selling gold, silver, and platinum coins worldwide. Their second specialty is rare coins. But they also sell rare coins that aren't gold, silver, or platinum.
Their numismatic products include currency, which they buy and sell at a premium. These can be coins or bills. Collectible items are similar to numismatics in that they collect the past. These collectibles include sports cards, cars, and toys. The profit on these products is typically not so much from using precious metals but relatively their rarity and value as collectibles or investments.
Owner
Jim Coad owns Jim Coad Rare Coins. Jim is a self-made millionaire in his early fifties who was once in debt but now has a net worth of 10 million dollars. He started his business as a coin shop at 13 and has been running it since then.
Rating
Jim Coad Rare Coins receives a rating of 3 stars out of 5. It is moderately easy to navigate through their site, but it is a bit confusing as many static pages make finding things difficult. There is also little to no customer service because they don't maintain an email or FAQ section.
Services
Jim Coad Rare Coins offers a unique service not seen in the traditional market. They buy, sell, trade, and appraise coins, precious metals, and collectibles. The appraisal is for items that are not coins or currency.
They offer a live marketplace that allows people to buy, sell and trade coins among themselves. This is similar to the CoinTrackers website, where users can buy and sell with each other, but Jim Coad Rare Coins removes the middleman to keep their profit margin higher.
Payment System
Jim Coad Rare Coins accepts various payment systems, including Visa, MasterCard, American Express, and PayPal. They also accept wire transfers, money orders, and cashier's checks. However, the methods they do not accept are bank drafts, traveler's checks, and personal or cashier's checks.
Delivery System
Jim Coad Rare Coins offers various shipping methods. They guarantee the item will arrive when they say it will and will arrive in mint condition. They also offer many different shipping methods, including UPS, FedEx, registered mail, and express post with tracking.
Pros & Cons of Jim Coad Rare Coins
PROS
➕ Great Selection of Gold, Silver, and Platinum Coins
Most of the items they sell are new and are not covered in wear as they have never been used. This means that their products have a very high value for their quality. Most of the items on this website were minted anywhere from 30-50 years ago.
➕ Live Marketplace
There is a large community of people who use this website to buy and sell rare coins among each other. This allows buyers and sellers to find each other faster and with better deals than if they were going through a middleman. The marketplace also helps because it brings the buyer and seller together without added fees to make the trade go smoothly.
➕ Great Customer Service
The customer service is excellent, and they ensure that you are a satisfied buyer or seller. They want to make your experience as unique as possible and will go out of their way to help you.
➕ The Shipping Is Speedy
It takes a few days to a week to receive your package. This is much faster than traditional shipping, which can take up to a month.
➕ The Prices Are Decent
The prices of their products are fair and reasonable. They offer the buyer the best price possible because the seller gets the highest price in return. The prices are typically not fixed on this site but fluctuate with the market. This means that buyers can negotiate a better price for their purchase.
➕ The Shipping Is Free
There is no charge for shipping when you use the express post with tracking option. Consumers are willing to buy more because they can save money on the deal.
CONS
➖ The Site Is a Bit Confusing
The website looks clean but has not been updated since 2002, so it looks rough around the edges. It has many static pages and does not provide an email or FAQ section, making it difficult to find things on its site.
➖ They Charge a Fee for Buying With a Cashier's Check or Money Order
They charge a fee of $25 for using these methods when buying gold or silver coins. They do not charge you if you use a credit card or PayPal, but they make up for it by increasing the price of the items.
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