Is Nationwide Coin and Bullion Reserve a Reputable Company?

If you are looking into investing in precious metals, Nationwide Coin and Bullion Reserve might have come to mind. Is it a legitimate company or a scam? Well, in this review we are going into detail to establish whether they are a reputable company by looking at reviews, ratings and complaints from customers, as well as from third party consumer protection websites such as the Business Consumer Alliance. Let’s find out now…

Pay attention: Before we go any further with this review!

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What Is Nationwide Coin and Bullion Reserve?

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, in addition to precious metals IRA services. Below is a quick summary of the company’s profile.

Does Nationwide Coin and Bullion Reserve Offer Gold IRAs?

Regrettably, Nationwide Coin and Bullion Reserve does not offer Gold IRAs. If looking to open a Gold IRA, we recommend you get our FREE Gold IRA Guide.

Company Info

Location:

Houston, Texas.

Address:

 2000 S Dairy Ashford Rd, Houston, TX 77077, United States

Managers:

Lawrence Kuykendall, Mr. Turner M Jones

Website:

www.nationwidecoins.com

Overall Rating:

2/5

Recommended?

Not recommended.

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Nationwide Coin and Bullion Reserve Products

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 $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 offers 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 Choosing Nationwide Coin and Bullion Reserve

  • Free Shipping

They partner with FedEx to offer free shipping on all their items. What is more, your orders are fully insured which means you get a refund or replacement if they get lost or damaged while on transit.

  • Wide Selection of Products

As we’ve noted, they boast a huge product catalog with almost every type of bullion or rare coin. They also offer Gold IRAs to help investors secure and enhance their retirement savings. Thus, NCBR is one of the most preferred companies since customers can access all the precious metals under one roof.

  • Informative Website

Their website is equipped with invaluable information ranging from price charts to newsletters to help both newbie and veteran investors make wise investment decisions. The best part is that this information is free of charge.

  • High Quality Products

The firm sells top-quality products, including government issued coins as well as high valued foreign coins and bars.

Disadvantages of Choosing Nationwide Coin and Bullion Reserve

  • Not BBB Accredited

It is quite shocking that this firm is not accredited with the Better Business Bureau despite being in business for over 10 years. Being one of the most trusted consumer protection watchdogs, the BBB accredits companies that offer quality products and services. The fact that Nationwide Coin and Bullion is not accredited is a massive red flag which should not be taken lightly.

  • Numerous Customer Complaints

We found a lot of customer complaints on various platforms and forums including reddit and Facebook. Most of the complaints pertain delivery issues as well as 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 misrepresentation of the real products value. Just have a look at the screenshot below from the Better Business Bureau’s website.

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Nationwide Coin and Bullion Reserve Reviews

Nationwide Coin and Bullion Reserve Reviews

Nationwide Coin and Bullion Reserve is not accredited with the BBB. Their rating on the platform is a dismal ‘D+’ and there are 20 customer complaints filed against them on the platform.

The company has no reviews or ratings on Trustlink, while on the Business Consumer Alliance they have zero reviews and two customer complaints.

However, the firm seems to do better on Trustpilot where they’ve been rated 4.6/5 from 641 reviews.

Should You Consider Nationwide Coin and Bullion Reserve for Gold IRA?

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. Thus, we do not recommend them for your IRA rollover. Our top-rated precious metals firm follows ethical business practices whilst providing high quality products. Click the link below to read about our top-rated Gold IRA firm.

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Nationwide Coin and Bullion Reserve Pricing

Metal prices at Nationwide Coin and Bullion varies depending on the type of products and the prevailing market conditions. Since precious metals coins and bar prices keep fluctuating, we recommend you check their website for a current and more accurate price chart.

Nationwide Coin and Bullion Shipping Fees

Nationwide Coin and Bullion Reserve offers free, insured shipping on all of their products irrespective of the order value or size of the items purchased. They provide a tracking number to enable you to track your orders. Orders are normally shipped within 10 business days.

Is Nationwide Coin and Bullion Reserve Legitimate?

So is Nationwide Coin and Bullion Legitimate? Despite the complaints, we’ve noted that they’ve been in business since 2009. Therefore, they are a legitimate company. If they were a scam, they would have gone under a long time ago.

Conclusion

Nationwide Coin and Bullion Reserve is one of the largest precious metals dealers in the US. With a massive product catalog and incentives such as free shipping, the firm has been able to stand the test of time.

However, the company is not accredited with top consumer protection site, the BBB and this is quite strange. Also, there are numerous complaints on review platforms and forums which paint a bad picture of the company.

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