If you are interested in investing in precious metals, you may have thought of Nationwide Coin and Bullion Reserve. Is it a legitimate business or a scam? In our Nationwide Coin and Bullion Reserve reviews, we will examine customer feedback and ratings, as well as evaluations on third-party consumer protection websites such as the Better Business Bureau (BBB) to determine whether they are a reputable company.
Table of Contents
- 1 What Is Nationwide Coin and Bullion Reserve?
- 2 Review Summary
- 3 Location:
- 4 Address:
- 5 Managers:
- 6 Website:
- 7 Overall Rating:
- 8 Nationwide Coin and Bullion Reserve Products
- 9 Advantages of Nationwide Coin and Bullion Reserve
- 10 Free Shipping
- 11 Wide Selection of Products
- 12 Informative Website
- 13 High-Quality Products
- 14 Disadvantages of Nationwide Coin and Bullion Reserve
- 15 Not BBB Accredited
- 16 Numerous Customer Complaints
- 17 Poor Customer Service
- 18 Customer Reviews and Complaints
- 19 Should You Consider Nationwide Coin and Bullion Reserve for Your Gold IRA Rollover?
- 20 Nationwide Coin and Bullion Reserve Pricing
- 21 Nationwide Coin and Bullion Shipping Fees
- 22 Nationwide Coin and Bullion Reserve Lawsuit
- 23 Frequently Asked Questions
- 24 Is Nationwide Coins Legit?
- 25 Alternatives to Nationwide Coin and Bullion Reserve
- 26 Nationwide Coin and Bullion Reserve Reviews Conclusion
What Is Nationwide Coin and Bullion Reserve?
Nationwide Coin and Bullion Reserve is a precious metals dealer based in Houston, Texas. The company began operations in 2009 with the aim of helping investors protect their savings from economic uncertainties. To achieve this, the firm has been offering investment-grade coins and bars.
Pay Attention: Before we go any further with this review!
We always recommend conducting due diligence before settling on a precious metals company to invest in. With so many clients getting ripped off with the so-called hidden fees, you need to research meticulously before purchasing metals or opening a precious metals IRA. We understand that picking the right company is the most important financial decision for you, and thus, we’ve compiled a list of our 3 best precious metals IRA companies for 2023.
2000 S Dairy Ashford Rd, Houston, TX 77077, United States
Lawrence Kuykendall, Mr. Turner M Jones
2/5 Not Recommended
Nationwide Coin and Bullion Reserve Products
They offer both bullion coins and bars, rare coins as well as Gold IRAs. Most abundant in their expansive catalog are gold coins minted by the US Mint, such as the government-issued 1/10 oz Nationwide Coin and Bullion reserve $5 Gold American Eagles. Others include $2.5 Indian Head Quarter Eagles, gold bars of varying sizes, and numerous silver products including Silver Eagles. Besides the bullion, Nationwide Coin and Bullion Reserve also offer rare coins such as the pre-1933 coins. In short, their massive catalog has everything that an investor needs. Let’s now move on and explore the advantages and disadvantages of buying from this firm.
Advantages of Nationwide Coin and Bullion Reserve
They partner with FedEx to offer free shipping on all items. What is more, your orders are fully insured which means you get a refund or replacement if they get lost or damaged while in transit.
Wide Selection of Products
As previously stated, they offer an extensive product catalog that includes nearly every form of bullion and rare coin. Additionally, they offer Gold IRAs to assist investors to protect and grow their savings. Since clients have access to all precious metals under one roof, Nationwide Coin and Bullion Reserve is one of the most preferred companies.
Their website contains a wealth of information, from price charts to newsletters, to assist both novice and seasoned investors in making prudent investment decisions. The greatest aspect is that this information is free.
The company sells premium products, including government-issued coins and foreign coins and bars of high value.
Disadvantages of Nationwide Coin and Bullion Reserve
Not BBB Accredited
The fact that this company is not accredited by the Better Business Bureau despite being in business for over a decade is quite surprising. As one of the most trusted watchdogs for consumer protection, the BBB accredits businesses that provide quality products and services. The fact that Nationwide Coin and Bullion is not accredited is an enormous red flag that should not be disregarded.
Numerous Customer Complaints
We discovered numerous customer complaints on various platforms and message boards, such as Reddit and Facebook. The majority of complaints relate to delivery problems and overcharging by the company.
Poor Customer Service
The company has also been accused of poor customer service. Customers have complained of ‘bait and switch’ sales tactics as well as a misrepresentation of the real product’s value. Look at the screenshot below from the Better Business Bureau.
Customer Reviews and Complaints
In this section of our review, we are going to analyze Nationwide Coin and Bullion Reserve Reviews and complaints on reputable online platforms. Our research found that Nationwide Coin and Bullion Reserve is currently not accredited by the Better Business Bureau and boasts an average rating of 3.7 out of 5 stars based on 27 customer reviews and 10 complaints on the platform.
On Trustlink and Yelp, there are no reviews or complaints for the business, whereas the Business Consumer Alliance lists zero reviews and 2 consumer complaints.
The company appears to perform better on Trustpilot, where it has a 4.5/5 rating based on 730 reviews and complaints.
Should You Consider Nationwide Coin and Bullion Reserve for Your Gold IRA Rollover?
Based on the aforementioned customer complaints and ratings, Nationwide Coin and Bullion performs poorly compared to our top Gold IRA firms. They are accused of misleading sales tactics mostly targeting senior investors which is extremely disgusting. Consequently, we do not recommend them for your IRA rollover. Our top-rated precious metals company adheres to ethical business practices and provides superior products. Click the link below to learn more.
Nationwide Coin and Bullion Reserve Pricing
Metal prices at Nationwide Coin and Bullion vary depending on the type of products and the prevailing market conditions. Since the prices of precious metals coins and bars continue to fluctuate, we advise you to consult their website for an up-to-date and more accurate price chart.
Nationwide Coin and Bullion Shipping Fees
Nationwide Coin and Bullion Reserve provides free, insured shipping on all of their products, regardless of order size or total cost. They provide you with a tracking number so you can monitor your orders. Typically, orders are shipped within 10 business days.
Nationwide Coin and Bullion Reserve Lawsuit
During our investigation for this review, we discovered that National Coin and Bullion Reserve has been sued by clients in the past for engaging in deceptive practices. For example, in 2020, June Thomas sued Nationwide Coin and Bullion Reserve, Inc. and four individuals associated with the company, alleging that they violated the DTPA in relation to her investment-related purchase of collectible coins from the company.
Frequently Asked Questions
Is Nationwide Coins Legit?
Then, is National Coin and Bullion Reserve legit? Despite the complaints, we have observed that the company has been in operation since 2009. Consequently, they are a legitimate business. If it were a scam, the company would have failed a long time ago.
Alternatives to Nationwide Coin and Bullion Reserve
Nationwide Coin and Bullion Reserve Reviews Conclusion
Nationwide Coin and Bullion Reserve is one of the largest precious metals dealers in the United States. The company has been able to endure the measure of time by offering a vast selection of products and shipping incentives, such as free shipping.
Strangely, the company is not accredited by the premier consumer protection website, the Better Business Bureau. In addition, numerous complaints on review websites and online forums paint a negative picture of the company.