Red Rock Secured Reviews
Now American Coin Co.
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About Red Rock Secured
Please note: In April 2024, a federal court in California entered a judgment against Red Rock Secured, its CEO and two managers, ordering them to pay over $76 million. The judgment came after the Securities and Exchange Commission charged them in May 2023 for participating in a scheme to defraud retirement account holders. Red Rock Secured now operates as American Coin Co.
Gold and other precious metal IRAs are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.
Red Rock Secured Reviews
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Reviewed May 16, 2023
The coins that I got from red rock secured are exactly what you’d expect. They’re shined up and round. What really stands is their friendly, low pressure approach. We talked a few times while I read information and as a result I was able to make an informed decision on my own time. I really appreciated that. Very happy customer.
Reviewed May 5, 2023
Everyone I talk to was very friendly and helpful. All my questions were answered and there was no high pressure sales tactics. When I made my purchase the transaction was handled as described and I was walked through every step. Whenever I have any questions they always respond and are very helpful.
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Reviewed April 15, 2023
Red Rock has provided outstanding support in moving my funds from the TSP in order to purchase precious metals. The staff at Redrock were very knowledgeable in this area and the process went smoothly without any hiccups or any unforeseen roadblocks.
Reviewed March 13, 2023
Great people to work with, easy to talk with. Always updated me about transaction. Easy to contact and ask questions about Silver and Gold. Help me out what had more value thru the years Silver or Gold. Glad they contacted me how the process worked.
Reviewed Feb. 7, 2023
My wife had been urging me to look into buying some precious metals. I wasn't much interested but finally decided to look into it and maybe buy a small amount as a gesture of support for her. Then I talked to Marc from Red Rock Secured. As a retired educator, I was overwhelmed with not only his knowledge but also his ability to explain the ins and outs of buying precious metals. Without using any pressure to buy, he was genuinely interested in making sure that I understood the subject matter. Ultimately, I gladly purchased more than I had originally planned. In addition, it was obvious that Red Rock follows strict protocol before you make a purchase so that there will be no surprises down the road.
Reviewed Jan. 20, 2023
Absolutely a great experience with that Company. Marc gives great advice and it doesn't feel like a Sales pitch. Just honest advice. And Ashley makes sure what you receive is exactly what you want. I have not dealt with knowledgeable and friendly associates like that in a long time. They tell you exactly when to expect delivery and follow up if you have any questions. A great Company to do Business.
Updated review: Sept. 20, 2022
My original review was extremely poor for many reasons but the main reason was lack of information sharing. I was contacted and all issues were resolved. I spent time with the contact and mostly it was my misunderstanding of purchases and prices which led to some erroneous conceptions of this precious metal IRA purchase. He was very detailed and expansive about how metals are purchased and sold which was very new to me. I would work again with this company having a new perspective on the realities of this type of investment.
Original Review: July 30, 2022
I purchased what I thought was about $110,000 in gold and silver coins. The invoices shows the inventory of coins that were placed at the repository. The value of the coins on the invoice claimed a total of $109,705. After the coins arrived the value was approximately $30,000. At the current rate they are about the same value and gold and silver have not fluctuated such a ridiculous amount since they were purchased 2 years ago. The only explanation can be that Red Rock Secured took nearly $80,000 in fees. Their invoice, now that I really review it is false. This company is a total scam and has cost me a significant portion of my 401K. I have all the documentation of this transaction and will verify all the claims I have.
Good morning, David
My apologies for this misunderstanding. When purchasing precious metals, there is a difference between their melt value and retail value. I'm going to have one of our Senior Account Executives reach out to you and go over a portfolio review of your assets. I assure you that Red Rock did not take fees in the amount of $80,000. If there is anything more I can do to help, please definitely reach out: ashley@redrocksecured.com or 213.523.2518. Again, sorry for the misunderstanding, but I look forward to settle your concerns.
Reviewed June 16, 2022
I recently purchased silver from Red Rock Secured and I enjoyed the transaction tremendously. Their personnel (sales and clerical staff) were top notch. I found them to be highly professional, thorough, kind and helpful in insuring my understanding of the transaction and demonstrable in making sure that understanding was achieved.
Ken,
Thank you so much for such a kind review! Here at Red Rock, we want to make sure that every client is treated like family. I'm so happy to hear that we provided the service you deserve and appreciate the positive feedback!
Reviewed June 9, 2022
Very great experience with our first investment! Helpful, very knowledgeable staff and they walked us thru the whole whole purchase process! Kept us up to date on what to expect and when to expect it. We will use them again in the future!
Hey Kim,
Thank you for all of the positive feedback! So glad to hear that we provided you great service and were able to help you make an informed decision. We look forward to working with you in the future!
Reviewed May 25, 2022
We have been very satisfied with the services provided us by Red Rock Secured to date. Our contact person is very knowledgeable regarding both gold and silver, as well as the precious metals market in general. We have made two purchases so far and look forward to doing additional business with Red Rock Secured in the future. This broker makes it easy to both buy and store your precious metals while maintaining absolute discretion. We highly recommend Red Rock.
Reviewed May 20, 2022
I talked with other Precious Metal Brokers, none were as willing to explain why and how to invest in metals. In the end I made my own choices using the knowledge I pick up in conversation with a couple different Red Rock staff Members. I felt good about my Purchase and so does my Girlfriend (lol). I will buy some more, next time using a different strategy.
Joseph,
Thank you for the positive feedback! Our clients are part of our Red Rock family and with that, we want to provide the best service you deserve. I'm happy to hear that we were able to help you make an informed decision at your pace. Cheers!
Reviewed May 19, 2022
One of the things that I look for when distinguishing professionals from the more questionable outfits, is whether or not the salespeople are pushy. From the time that I first contacted Red Rock Secured until the time I decided to use their services, they were patient, they were there to inform, and they never pushed me to make any decisions. Instead, they waited on me and let me initiate the call to turn assets into metals. I really appreciated that. This is rare to find in modern business.
Red Rock not only gets the professional sales posture right, but their products are of the finest grade, giving you the best avenue to convert your assets to metals with the best chances of being able to sell them in the future at the most competitive prices. Specifically, they informed me that if you purchase some of the coins that they recommend which are minted by official sources and certified pure 99.9999+% pure when minted, this is more secure asset for a potential buyer later on. (I never thought about that, but it makes perfect sense). I would have never known this nor really thought about it if Red Rock hadn't taken the time to educate me on this. Again, thank you Red Rock for all that you do. My highest reviews for this outfit.
Reviewed April 20, 2022
When I started looking at Gold & Silver Investments, the IRA made the most sense. Red Rock Secured offered the education I needed with time to digest the information. Since I made my decision to invest with them they have provided abundant follow up from Mint (new coins) to secure storage. I feel great about the decision and the overall value of diversifying into precious metals, in a tax friendly IRA. Check these guys out. I predict you’ll choose them. They earned my trust.
Reviewed April 20, 2022
I was pleased to do business with Red Rock Secured. They made the process of investing in gold and silver an easy stress-free process. They were both pleasant and professional to work with. I was impressed by how easy the process could be.
Reviewed April 19, 2022
Going through an unexpected life change has been difficult; however, the people I've worked with at Red Rock Secured have made my financial transition a true highlight. The customer service I've received from each person in the process has been second to none. While always remaining professional, each interaction has been personable and has me looking forward to the next.
Reviewed April 16, 2022
They were very helpful, patient and polite. They were willing to answer all my questions and concerns. As a first timer I felt this was necessary since I went to other locations that lacked any desire to do any meaningful business with me. I highly recommend them for any person that is getting into gold and silver.
Reviewed April 13, 2022
I have had a great experience working with Red Rock Secured. The staff are knowledgable and have a lot of years experience dealing with precious metals. They also provide great educational literature to help you make informed decisions. They offer top notch precious medals and are fast and convenient to use. I recommend their services to anyone wanting to purchase precious metals.
Reviewed April 8, 2022
I’ve been wanting to diversify my portfolio but didn’t know where to start? From the first phone call until present day, I have been treated like family and the transaction was smoother than silk! Super professional and definitely one of the best investment decisions I’ve ever made! Ten(10) stars all around!!
Reviewed March 22, 2022
Layla, Ashley and Kerrick were the rock team that worked with me to transfer my IRA's over to gold and silver, while very nervous I feel good that I made the move to protect my assets for retirement. Now I feel I'm not losing to inflation and bad stock market.
Reviewed March 22, 2022
This was my first experience in purchasing silver as an investment. Bret ** was extremely helpful and explained the entire process. He made me feel assured that I was purchasing from the correct company. He took the time to explain what I had to do. This was followed up by Ashley who has kept in touch with me since she confirmed my purchase. It was a very good experience.
Reviewed March 12, 2022
Ronald **. "Red Rock went out of their way to meet my special needs and facilitate my transaction. Couldn’t have asked for better service. Will definitely refer and reuse their business. Definitely 5 stars." I have already started the process for my next transaction. Will update.
Reviewed March 9, 2022
Expertise and guidance for our silver coin purchase without overselling. We received thoughtful advice from our advisor. The process took awhile given that it was an IRA rollover but Redrock was patient. Also the back office support was exceptional. We would highly recommend.
Thank you for the positive review of Red Rock Secured. We truly appreciate you choosing to work with us.
Reviewed March 8, 2022
Everyone with the company was friendly and very knowledgeable. They have great follow up and easy to read documents. I feel completely at ease investing with Red Rock Secured and would recommend them to anyone. Five star rating for sure!
Reviewed March 8, 2022
Red Rock was fantastic to work with. For someone who was very 'green' in understanding and purchasing precious metals, they were extremely patient, answered all my questions and didn't make a new customer feel inadequate about not totally understanding the process. Thank you Jeff and Layla for your patience and great customer service.
Reviewed March 6, 2022
I just opened my Red Rock Secured account. The process was seamless for me. I easily transferred funds from an existing IRA account to my new physical precious metals account. The Red Rock process avoided any fears of mounds of paperwork and doing this transfer properly. It was quick and easy with the assistance of Red Rock personnel on the phone. I was kept apprised of each step in the process right up to my metals being secured in a vault.
Reviewed March 5, 2022
Red Rock Secured has given my wife and me a much brighter future, I was stuck with a 401k that was going nowhere fast, but thanks to Red Rock Secured my financial future is much brighter, my only regret is I did not find Red Rock Secured earlier in my life.
Reviewed March 4, 2022
Have never worked with a more knowledgeable group and the account execs are outstanding. Learned many new things about the buying process and best approaches.” They are very detail oriented and responsive to questions and get back promptly if additional research is required.
Reviewed Feb. 24, 2022
They answered my questions. Were very friendly. Called me back when I had questions. Explained what I was receiving and received a call and told me the day I would receive it, told where it came from, explained What they were all about.
Reviewed Feb. 12, 2022
They were very patient with all of my questions. Professional and knowledgeable. They explained the entire process along the way. I trust them so much I set up a second account. I would recommend using them to everyone. Top notch service!
Reviewed Feb. 11, 2022
I was told that I would receive my product within two to three weeks. I was very pleased for the truth for once. It truly has been a pleasure dealing with Red Rock Secured. I’m sure I will purchase from them in the future.
Reviewed Feb. 8, 2022
I was checking with Tony to make sure I didn’t have any fees. I also discussed the possibility buying more silver. Tony explained the simple process since I already have a silver IRA. Since I have a Thrift Savings Plan, transferring funds is already in place for me.
Hi Michael,
Thank you for the positive Red Rock Secured review. It is great to hear we were able to answer your questions and help.
Reviewed Feb. 8, 2022
Norman was excellent, knowledgeable and very patient. He walked me through the entire process, the experience was great! The payment process was very easy, the gentleman that helped me with the payment process was also excellent. I will definitely recommend buying from Red Rock.
Hi Monica,
Thank you for the positive review of Red Rock Secured. We are happy to hear Norman was able to help and answer your questions and the process was easy.
Red Rock Secured
Reviewed Dec. 8, 2021
The only problem I had with Kerric is when he laughed at me and said "are you really going to ready the whole contract?" Well, that doesn't fly with me. I no longer tolerate that attitude because I am a woman or/and a elderly person and a widow. Those days are gone. We've worked out in the world. We are not timid little housewives, and haven't been for years.
Reviewed Nov. 10, 2021
I had never invested my money buying precious metals before, but was very satisfied with my agent at Red Rock. Josh ** was very patient with me, listened to my concerns, and encouraged me in my decisions to invest my money to protect my IRA by buying precious metals, without pressure and gave me advice on diversifying my purchase which has resulted in increasing the value of my investment within two weeks of purchase. Thanks Josh and Red Rock Secured. I'm glad I went with your company. LM **, retired
Larry,
Thank you for the positive review and choosing to work with Red Rock Secured.
Reviewed Nov. 10, 2021
Red Rock Secured was a company I used to make my first purchase of precious metals. They were very informative to help me make my decision of what to buy and how to buy. I had done a lot of research and they added things to what I had learned and made the purchase easy, smooth and confident.
Hi Dennis,
Thank you for the positive review of Red Rock Secured. We are happy that we could help give you everything you needed to make an informed decision.
Reviewed Nov. 9, 2021
Very knowledgeable. Answered all my questions. Great to deal with. I bought silver. I'm thinking that silver is going to be going up in the next few years so it's about time I got some. Hopefully if you're reading this you might think about getting some silver yourself.
Hi George,
Thank you for the positive review of Red Rock Secured. We are happy we were able to help you with your silver purchase.
Reviewed Nov. 7, 2021
Personalized service for a first time gold and silver buyer. I was not sure what to expect and I felt very confidant with all the folks at Red Rock security. Phone calls throughout the process even after I had my purchase in hand. I can highly recommend.
Hi Sharon,
Thank you for the Red Rock Secured review. It is great to hear we made your first time buying precious metals a positive experience.
Reviewed Nov. 2, 2021
Red Rock provided thorough and prompt service. My questions were addressed, leaving no doubt about the competence of the company. The staff were all congenial and seemed eager to provide me with everything I needed to do business with them.
Hi Ronald,
Thank you for the positive review of Red Rock Secured.
Reviewed Oct. 6, 2021
I was very happy with my purchase through Red Rock. The process was very easy and not complicated. The staff was very friendly and informative. I would recommend business with Red Rock. The senior staff was very informative and put my mind at ease.
Hi Amir,
We are happy to hear our team was able to answer all your questions. Thank you for choosing to work with Red Rock Secured.
Reviewed Sept. 26, 2021
Many thanks to Red Rock Secured and the two wonderful reps who guided us through the purchase process of of precious metals. From start to finish, their advice and knowledge enabled us to protect our investment from inflation by purchasing silver. We highly recommend Red Rock Secured!.
Hi Nancy,
Thank you for the positive review of Red Rock Secured. We appreciate you choosing to work with us.
Red Rock Secured Company Information
- Company Name:
- Red Rock Secured Now American Coin Co.
- Year Founded:
- 2009
- Address:
- 601 W 1st Ave, Ste. 1400
- City:
- Spokane
- State/Province:
- WA
- Postal Code:
- 99201
- Country:
- United States
- Website:
- www.americancoinco.com




