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Bellevue Rare Coins Reviews

Tags: coins bellevue
Bellevue Rare Coins
Mediocre
Bellevue Rare Coins is a notable precious metals dealer with an impressive product catalog. However, its limited online presence and lack of transparency can be alarming.
Fees & Charges
Honesty & Transparency
Reputation
Customer Service
Product Selection
Pros
BBB accredited business
45 years of experience
Cons
Lack of transparency
Too many customer complaints
Limited online presence
3
Expert Score
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What are Bellevue Rare Coins?Bellevue Rare Coins Locations, Timings, Email, Phone, Services

Bellevue Rare Coins is a family-owned and operated business that has been in operation since 1979. They are a leading rare coin and currency dealer in Seattle, Washington, and they also specialize in antiques and estate items.

Bellevue Rare Coins boasts an extensive collection of rare coins, numismatic supplies, and accessories while offering various services like grading and appraisals. Customers can explore a remarkable assortment of collectible coins, ranging from 1/2-cent pieces to ancient issues, as well as other captivating items.

The company has received BBB accreditation with an outstanding A+ rating, and customers have lauded the knowledgeable staff, exceptional customer service, and diverse selection. Bellevue Rare Coins’ reputation has earned its features in prestigious publications such as The Wall Street Journal, Coin World, and Numismatic News.

  • Address: 2302 Pacific Ave Tacoma, WA 98402
  • Phone: (253) 328-4014
  • Website: https://www.bellevuerarecoins.com/
  • Hours: Monday to Saturday (9:30 A.M to 5:30 P.M) Sunday Closed

People Behind Bellevue Rare Coins: CEO, Owner, Co-Founders & MoreWho owns Bellevue Rare Coins? What is the management team behind Bellevue Rare Coins?

Eric Hoolahan (Chief Executive Officer) of Bellevue Rare Coins:

Eric Hoolahan serves as the Chief Executive Officer of Bellevue Rare Coins, boasting an impressive background of nearly two decades in the coin and jewelry industry. With his extensive national experience as a buyer of jewelry and rare coins, he has cultivated a vast network of connections. Through his efforts, the company has secured some of the most rewarding outlets for each category of items they purchase.

One of Eric’s primary goals is to build a team of highly knowledgeable experts in the industry. He places great emphasis on ensuring that his staff is well-informed and capable of offering top-notch service to their customers. Additionally, Eric fosters a sense of camaraderie among the team, creating a positive and supportive work environment.

Outside of his professional endeavors, Eric indulges in his passion for golf, spending quality time on the course perfecting his skills. He also cherishes the companionship of his dog, Pearl, who is a beloved member of the Downtown Bellevue store’s crew. With a love for both his work and personal interests, Eric Hoolahan remains an essential driving force behind the success and reputation of the company.

Daniel Hoolahan (Chief Operating Officer) of Bellevue Rare Coins:

Daniel is a seasoned expert in coins and jewellery, specializing in handling significant estates. He feels immense gratitude for the people he encounters and takes delight in the diverse range of collectibles and heirlooms that make each day unique at Bellevue Rare Coins. Particularly passionate about rare coins and currency, Daniel admires the exquisite design and artwork of the past, candidly expressing his belief that today’s currency aesthetics could use some improvement.

During his leisure time, Daniel enjoys golfing, and he has been a devoted coach for his children’s sports team. He also wholeheartedly supports his wife’s homegrown food from their garden, making him an enthusiastic advocate for healthy and sustainable living.

Ryan Hoolahan (Chief Financial Officer) of Bellevue Rare Coins:

Ryan, the present CFO of Bellevue Rare Coins, has a remarkable history within the company. His journey began at the age of 13 when he started working at his family’s coin shop. Over the years, he honed his expertise in numismatics and the coin industry, eventually becoming the proud owner of the company.

Ryan’s dedication to his craft is evident through his involvement in some of the most prestigious coin organizations in the country. As a testament to his commitment, he holds a lifetime membership in the esteemed American Numismatic Association. To stay at the forefront of the industry, Ryan regularly travels to major coin shows across the country. His primary focus during these travels is the search for exceedingly valuable coins, always on the lookout for rare and high-value pieces to add to the store’s inventory.

Despite his prominent role as the owner of the company, Ryan continues to relish spending time behind the counter at Bellevue Rare Coins. He finds joy in engaging with customers, as well as evaluating items that come through the door, especially those containing gold, silver, or other precious metals.

Angela Hoolahan (Bullion Manager/Jewelry Specialist) at Bellevue Rare Coins:

Angela Hoolahan holds the esteemed position of Bullion Manager and Jewelry Specialist at Bellevue Rare Coins. With a GIA (Gemological Institute of America) Accredited Jewelry Professional (AJP) certification, Angela takes charge of the Bellevue Jewelry Department, playing a pivotal role in curating the jewelry collections showcased at both the Bellevue and Lynnwood locations.

Having grown up within the family business, Angela’s lifelong fascination with all forms of jewelry has shaped her expertise in the industry. With years of experience in buying and selling jewellery, she brings a wealth of knowledge to her role. Additionally, Angela is responsible for managing the bullion aspect of the business, further enhancing her contribution to the company’s success.

Outside of her professional endeavors, Angela is a culinary enthusiast who delights in exploring the diverse culinary offerings available in the area. She often channels her creativity into crafting new recipes in her kitchen, reflecting her passion for both the art of jewelry and the art of cooking.

Bellevue Rare Coins Products: Bullion Coins, Bars, And Rare CoinsAll products offered by Bellevue Rare Coins

At Bellevue Rare Coins, customers can explore an extensive array of rare coins from various parts of the world. The shop offers a diverse collection that includes ancient coins, domestic coins, foreign coins, bullion coins, and paper money. Additionally, the company provides a range of numismatic supplies such as albums, holders, and cleaning materials to assist collectors in preserving their precious acquisitions.

For those with valuable gold and silver jewelry items, Bellevue Rare Coins offers professional appraisal services. The experienced staff can assess items like rings, earrings, necklaces, bracelets, and watches, providing customers with accurate valuations. Moreover, the shop facilitates a consignment program that enables individuals to swiftly and efficiently sell their coins online.

The company presents a convenient option for individuals seeking to sell their precious stones, gold, silver, jewelry, diamonds, collectibles, or any other valuables. Whether clients cannot find buyers elsewhere or prefer a straightforward process, the shop is willing to purchase these items, offering top-dollar payouts on the same day in cash, check, wire transfer, or cashier’s check.

Simplified Selling and Buying Processes:

Selling valuables at Bellevue Rare Coins is a straightforward process. Customers can either visit any of the four locations or schedule an appointment online. The expert staff will carefully assess the items and provide a fair price on the spot. If the customer accepts the offer, the shop handles all required paperwork and offers instant payment in cash or check.

When buying, customers looking for specific coins or precious stones can inquire about their availability at Bellevue Rare Coins. If the shop doesn’t currently have the desired item in stock, there’s a high likelihood that the staff can acquire it within a few days.

Factors Influencing Valuation:

Bellevue Rare Coins takes into account four main factors when appraising rare coins and other valuable items: quality, rarity, market appeal, and condition. Age does not play a direct role, but it may influence these factors in certain cases.

  • Quality: Excellence in design and craftsmanship can significantly impact an item’s value. High-quality pieces, coupled with a compelling story or historical significance, often garner greater interest among collectors.
  • Rarity: The scarcity of an item is a crucial determinant of its value. Whether due to limited production, special characteristics, or unique attributes, rare items tend to command higher prices.
  • Market Appeal: The desirability and marketability of an item play a vital role in its valuation. The demand for specific coins or jewelry pieces among collectors and buyers can elevate their worth.
  • Condition: The state of preservation and restoration efforts can affect an item’s value. Pristine conditions can enhance value, while poor conditions may diminish it.

With an exceptional selection of rare coins and jewelry, coupled with expert appraisal services and buying opportunities for precious valuables, Bellevue Rare Coins caters to the needs of collectors and sellers alike. Their knowledgeable staff ensures that customers receive fair valuations and top-notch service, establishing the shop as a reputable destination for numismatics and jewelry enthusiasts.

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How to Invest in Bellevue Rare Coins IRA?Step-by-step guide for investing in Bellevue Rare Coins IRA

To invest in a precious metals IRA through Bellevue Rare Coins are the general steps:

  1. Open a Self-Directed IRA

    Select an IRA company that handles opening precious metals IRA accounts and fill out an application. You can work with Bellevue Rare Coins to recommend an IRA company and provide the necessary paperwork. However, I don’t recommend doing so.

  2. Fund Your IRA

    Once you have selected an IRA company, you can move your funds into your new IRA account. You can work with the IRA company representative to transfer or rollover funds into the new account.

  3. Select a Precious Metals Dealer

    One of the forms you need to fill out along the way is typically called a Buy Direction Letter. This is where you list the precious metals dealer you have selected, such as Bellevue Rare Coins.

  4. Decide Which Precious Metals to Purchase

    You can choose to invest in gold, silver, platinum, or palladium for your IRA. There are some restrictions regarding fineness requirements and allowable coin types, so it’s important to get guidance from Bellevue Rare Coins in this area.

  5. Place Your Order

    Once the funds are available in your IRA account, you can call them to place your order for the desired precious metals.

However, I don’t recommend opening an IRA with them. Why? Because there are plenty of better options available for you.

Opening a precious metals IRA is a major decision. That’s why I suggest checking out our top gold IRA providers list. You can find your state’s best precious metals dealer and choose accordingly.

Also, the list will help you understand what the industry best has to offer and what you might miss out on. On the other hand, you can get a free guide on gold IRAs below. It will help you understand the process.

Bellevue Rare Coins Fees and Charges: Do they overcharge?What are their fees? Do they have hidden fees?

One significant limitation of the company is the lack of information available regarding its fees and charges on its website. Unlike many other businesses that transparently display their pricing structures online, Bellevue Rare Coins does not provide detailed information about their fees and charges for their services.

On their website, the only information mentioned in this regard is a disclaimer stating that the prices are subject to change. Instead of presenting a clear breakdown of their fees and charges, they encourage customers to contact any of their stores directly to inquire about the most up-to-date prices.

This lack of transparency can be a drawback for potential customers who prefer to have a clear understanding of the costs involved before engaging with the company’s services. Having comprehensive and easily accessible information about fees and charges on the website can help build trust and provide a better customer experience.

Transparency is Important

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To address this limitation, Bellevue Rare Coins could consider updating its website to include a more detailed pricing section that outlines the fees and charges for various services they offer. This way, customers would have a clearer understanding of what to expect, and it would contribute to a more informed decision-making process. Transparent pricing practices can ultimately enhance the company’s reputation and attract more customers seeking reliable and trustworthy services.

Companies like Augusta charge ZERO fees for up to 10 years, allowing you to choose your gold & silver. Bellevue Rare Coins on the other hand provide fewer options.

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eBay store of Bellevue Rare Coins:

The store is located at https://www.ebay.com/str/bellevuerarecoins.

The store has been selling on eBay since 09 June 2010, and it has 100% positive feedback ratings. The business has 7K followers and to date, 66K items have been sold. The store specializes in rare coins, bullion, and other precious metals. They also sell a variety of other numismatic items, such as jewelry, stamps, and antiques.

The eBay store is a great place to find rare coins and currency at competitive prices. The store is also a great place to learn about numismatics and to get started in the hobby.

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Social Media Presence of Bellevue Rare Coins:Twitter, Facebook, & Instagram

Their Twitter Page:

The company has an account on Twitter. They have 1,652 followers and are following 1,551 accounts. Bellevue Rare Coins joined Twitter in July 2012.

Their Facebook Page:

Bellevue Rare Coins has 11K followers with 11K likes on its Facebook account. On Facebook, the company has 4.5-star ratings with 195 reviews.

Youtube Channel of Bellevue Rare Coins:

On Youtube, Bellevue Rare Coins has 312 subscribers. A total of 65 videos have been posted to date and the company got 2,090,431 views. The company joined youtube since 24 July 2012.

Their Instagram Page:

Bellevue Rare Coins has an Instagram profile with 2,199 followers. A total of 2,763 posts have been shared till now. They are following 1,278 accounts.

LinkedIn Page of Bellevue Rare Coins:

On LinkedIn, Bellevue Rare Coins has 62 followers. Their company size is 11-50 employees and 14 employees of the company are on LinkedIn.

Bellevue Rare Coins Reviews and Complaints: BBB, Trustpilot, SitejabberRead all Bellevue Rare Coins and Bullion reviews & complaints

Better Business Bureau (BBB):

On the Better Business Bureau website, Bellevue Rare Coins has only 1-star out of 5-star ratings. The business has only 1 customer review. They are since 45 years in the industry. No complaints have been filed and closed against the company. The review given is totally negative. The business is BBB accredited and has an A+ rating on BBB.

The fact that the business has been operating for 45 years suggests that it has a long history and experience in its industry. Generally, a well-established business may have a strong customer base and a track record of providing products or services.

Bellevue Rare Coins has received some complaints on (Better Business Bureau and Yellow Pages)

Bellevue Rare Coins has received several unresolved complaints from customers. There are also several unresolved negative reviews on different platforms. Our #1 rated gold IRA company has ZERO unanswered complaints on BBB.

An A+ rating from the Better Business Bureau is the highest possible rating a business can receive. It signifies that BBB believes the business is trustworthy and has a good track record of addressing customer complaints and providing reliable products or services.

BBB accreditation means that the business has met certain standards set by the Better Business Bureau. It shows the business’s commitment to ethical business practices and customer satisfaction.

However, the concerning aspect is the low rating of 1 star and only 1 review. This raises questions about why there is such limited feedback available and why only review is presented. It could indicate that the business has not actively sought customer reviews or that customers might not be willing to leave reviews due to their experiences. The negative review may warrant further investigation to understand the specific issues or concerns raised by the customer.

Yelp:

On Yelp, Bellevue Rare Coins have 4.2 stars out of 5-star ratings based on 221 customer reviews. Mostly, all the reviews are positive. The customer praised their services and products. In contrast, there are some complaints too regarding products and their shipping.

Yellow Pages:

On Yellow Pages, Bellevue Rare Coins have only one negative review. The customer commended has totally negative views about this company’s shipping policy.

Google Reviews:

On Google, Bellevue Rare Coins has 4.0 stars out of 5-star ratings based on various customer reviews. There are 130 customer reviews on Google, and most of them are positive. Customers praise the company’s excellent customer service, professionalism, and expertise.

Trustpilot:

On Trustpilot, the company has 4.4-star ratings out of 5 stars. The company is verified by Trustpilot. They received an Excellent rating on Trustpilot. There a total of 389 customers reviewed them.

Trustpilot is a review platform that allows businesses to collect feedback from their customers. Businesses can create a profile on Trustpilot, and customers can then leave reviews for the business. The reviews are then aggregated to give the business a TrustScore, which is a number from 1 to 5. A TrustScore of 4.4 is considered to be Excellent.

A business with a TrustScore of 4.4 has a high number of positive reviews, and the reviews are generally very positive. This means that the business is likely to be reputable and trustworthy. However, it is important to note that Trustpilot is just one factor to consider when evaluating a business. It is also important to look at other factors, such as the business’s website, its customer service, and its reputation with other businesses.

Some Positive Reviews:

#1. Max Well recounts his positive experience with Bellevue Rare Coins when selling a watch through Jon. He describes the process as smooth, and hassle-free, and mentions receiving a fair price for his timepiece. Max enthusiastically recommends the store to anyone interested in selling watches in the Seattle area.

#2. Linda gives a shout-out to Maddie at Bellevue Rare Coins, praising her professionalism, knowledge, and enjoyable conversation. Linda had a great experience and would happily return to Maddie. She also mentions that while the parking situation may not be perfect, going early in the day helps mitigate any inconvenience.

#3. Matthew Defoor shares his first-hand experience, highlighting the professional yet down-to-earth nature of the staff at Bellevue Rare Coins. He specifically mentions Maddie, who provided exceptional service, making him feel at home and addressing all his questions while explaining the process. Matthew expresses gratitude to Maddie for her excellent assistance.

#4. Brian S. expresses gratitude to Bellevue Rare Coins for providing an amazing experience and a wonderful engagement ring. He conveys immense satisfaction and happiness with the purchase and highly recommends the store to others.

#5. A satisfied customer shares that Bellevue Rare Coins makes the process easy and offers the best prices they have ever come across. They highly recommend the store to anyone interested in purchasing bullion coins.

Our top companies have a lean background and aren’t involved in major legal disputes. You can check out the list here.

Some Negative Reviews:

#1. Kris had a disappointing experience at this company. He brought a bag of gold dollar coins, cheerio coins, and presidential coins, but the lady at the counter didn’t bother to inspect them. She dismissed the coins, saying they only have a face value and advised him to take them to the bank. Kris is dissatisfied and won’t be returning to the store, forming a negative impression.

#2. Jesse is frustrated because Bellevue Rare Coins’ closing time is misleading; they claimed to close at 5:30 or 6:00 pm, but actually close at 5:00 pm. This caused inconvenience as he and others travelled for an hour only to be turned away. Jesse believes this reflects poorly on the store’s reliability and customer service.

#3. David reveals that he has been conducting business with them for a considerable time. However, he recently made a startling discovery that Bellevue Rare Coins pays the lowest amount when it comes to dealing with scrap silver and gold.

#4. Roni strongly discourages visiting Bellevue Rare Coins due to their negative experience. They found the store dishonest and potentially a rip-off, with staff lying about coin values and deeming customers’ coins worthless. Furthermore, Roni mentions that the payouts were unsatisfactory. As a precautionary measure, they urge others to steer clear of this establishment when dealing with their coins.

#5. A customer of Bellevue Rare Coins reports a sharp decline in their rating, dropping from 5 stars to 1 star in the last three months. The customer is unhappy with the low prices offered by the company, receiving much less than what other places would pay. He claims that the offers were far below the market spot price, with even a pawn shop providing better compensation for their items.

Is Bellevue Rare Coins Legit? Should You Invest With Them?Is Bellevue Rare Coins a scam or legit? Are they worth it?

No, I don’t think you should invest with them.

Pros:

  • BBB accredited business
  • 45 years of experience

Cons:

  • Lack of transparency
  • Too many customer complaints
  • Limited online presence

I believe there are plenty of better options available for you.

Bellevue Rare Coins is a precious metals dealer in business since 1979. They have an A+ rating with only 1 star on the Better Business Bureau. The company also has a 4.2 rating on Yelp, a 4-star rating on Google, and a 4.4-star rating on Trustpilot.

Whether or not this company is legitimate is a matter of opinion. Still, there was no publicly available information about its founder and owner.

Before you make any final decision, I recommend checking out our top gold IRA providers.

There, you will find out what the industry’s best offers. Also, it will ensure you make an informed decision.

Or, you can check out the best gold dealer in your state below:

Each state has its regulations and rules, so we’ve sorted and found the best Gold IRA company for each state.

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This post first appeared on IRA Empire, please read the originial post: here

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