Modern Coin Mart
A modern coin superstore online since 2004.
Modern Coin Mart
A modern coin superstore online since 2004.
Customer Reviews11
I bought three ounces of gold from MCM and received them within less than one week. Fast shipping and reliable, honest service -- I love that!
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After my sale their customer service reps worked hard to make sure I was happy with my order. I have never experienced this level of followup from any company anywhere. Companies that set themselves apart are those who step up after a sale and demonstrate a willingness to support and promote their brand on every level. Its good that orders go smoothly most of the time, but peace of mind comes from knowing that a company will go that extra mile to make things right. Modern Coin Mart has earned a customer for life.
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For anyone looking to purchase and hold on to some bullion, this is a great website for you. Not so much for people looking to flip it and make a quick buck. Shipping is free, and it does take a while sometimes. I plan to hold onto my purchases, so shipping time makes no difference to me, in the end. I will continue to use this website for my future bullion purchases.
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MCM has good prices, and I received what I ordered in good condition. However, getting them to ship my order was a huge hassle. I read their terms of service before placing my order, and it was the standard terms of service, with the exception that it says that after payment clears, they will hold the order for 7 days. I don't care if I have to wait 7 days longer than I would have had to with other vendors, and because I read how stellar these reviews were, I placed an order with a lot of confidence. The next day I received an e-mail saying that my order would be cancelled (My deposit would be returned) unless I sent either a picture of a government issued photo ID, or a photocopy of a government issued photo ID. Additionally, if I didn't want my order cancelled, wire the remaining balance immediately, even though in my order I had specified that I would pay by check. Bear in mind that this was AFTER the deposit had cleared. I responded that the terms of service made no mention that I would have to do this, and I asked for an explanation. I also said that I could not wire them the payment, because I had already mailed them a check. They responded that my transaction had "Red Flags", I asked them to clarify, because I checked with my credit card, and they had allowed the deposit to go through. MCM's own web site reported that my deposit had cleared. In any case, I received no response whatsoever to my inquiry. I did send them a copy of my photo ID. On the next day I sent a second e-mail asking for a status on my order, since I did not want it to be cancelled. I did not receive a response. The following day I filled out an inquiry form on the website asking for a status update, and I finally got a response that my order had been processed (Meaning full payment was received), and it would ship in 7 days. I thought I was in the clear, but two days before my order was to ship, they sent me another e-mail telling me that unless I called them, my order would not ship. I asked them to explain themselves, because, again, this was not in the agreement when I placed my order, and I wanted to know why I was getting hassled. They responded by telling me that they had left the details on my answering machine, and didn't give me any more details. In the end my order did ship when they said, but it was extremely unpleasant to have to jump through all those hoops. I have ordered from lots of other vendors, and the process is always smooth. I had never been threatened to have my order cancelled. I had never had to prove I was who I said I was. I had never had to call the vendor after full payment was received. I have said I would shop from them again, because, I did receive what I ordered. However, they will not be my first choice. Also, if there is a next time, hopefully they will already have me on file, and won't harass me again.
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I am not a big buyer like some who have posted. I usually just buy a few ounces at a time but I have never had an issue and will continue to deal with them. Their free shipping makes them very competitive. Their shipping isn't the fastest but its not like I'm going to do anything with it anyway other than store it.
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I ordered once and it has taken so far 6 days and they still have not shipped, I ordered another 80ozs and if this takes over 5 days I will end my buying with them, I spent a total $3,168.25 so it is not like I am spending chewing gum money with them.I have already found another supplier but shipping is $6.95 total per order and promises next day shipping and prices are just as good as MCM. I hate to leave them but I think there practices are ridiculous to say the least.
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Ordered online - wired payment from bank (for a small fee and no big hassle) and saved a good deal of money on order, because they save the credit card (or ebay) fees - which they passed part of on to us. The order arrived early and in perfect condition. Highly recommended. I am up by Pittsburgh, they are in Florida - the service is unbelievably great.
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I thought the ship time was a little slow. was told it would ship out immediately and took roughly 5 business days. compared to all the other sites out there this was basically light speed. No issues at all.
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I purchased from MCM several times in April 2013 on Ebay. I found them to be first class in every respect. Orders were often received quicker than anticipated. I have the highest praise for this company.
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I am a real ebay buyer of metals from MCM. I have tried several other vendors and none of them consistantly offer the value and reliability of Modern Coin Mart (MCM.) Some of the other major retailers even insist that one call and talk to some slick salesman. I know what I want and I know what I am willing to pay. My experience has been that MCM is excellent in every regard.
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