Nationwide Coin And Bullion Reserve Review

Nationwide Coin And Bullion Reserve Review

Does watching the stock market reports stress you out? Up one day, but down the next! If you're worried about having all of your money invested in the stock market, you may be considering diversifying your portfolio by investing in precious metals.

Nationwide Coin & Bullion Reserve is a precious metals investment company that could help you achieve this goal. Today, we'll take a close look at Nationwide Coin & Bullion Reserve to help you learn more about the company, the products and services they offer, and the level of customer service you should expect to receive should you choose to work with them. Keep reading, and hopefully you'll find the information we share to be useful!

  • Product Type: Precious Metals
  • Owner: Lawrence Kuykendall (CEO)
  • Rating: 2.1/5 (not recommended)

About Nationwide Coin & Bullion Reserve

Nationwide Coin And Bullion Reserve Review

Nationwide Coin & Bullion Reserve was founded in 2009. The company's headquarters are located in Houston Texas. According to the website, one of Nationwide Coin & Bullion Reserve's priorities is to help their clients see a high return on investment and grown their precious metals investment portfolios.

They aim to help all of their clients diversify their portfolio by investing in precious metals. They see this as an urgent need for all individuals due to instable economies and various other financial threats across the globe.

Nationwide Coin & Bullion Reserve's team is experienced and knowledgeable when it comes to investing in precious metals. They have a combined total of over 100 years of experience and are ready and waiting to help you begin your precious metals investment journey.

Gold

Gold is such a sound investment. It is very highly-coveted across the globe and has historically shown large gains for investors. If you're interested in purchasing gold bullion bars or coins, here are some of the options available through Nationwide Coin & Bullion Reserve:

  • 1 oz Gold American Eagle Coins
  • 1/10 oz Gold American Eagle Coins
  • American Gold Buffalo Coins
  • 2019 W Burnished Gold Eagle Coins
  • 2020 End of WWII 75th Anniversary Gold Coins
  • 2020 Mayflower Ultra Cameo Gold Coins
  • 2018 American Gold Liberty 1/10 oz Gold Coin
  • 1 oz Gold Bars (various mints)
Nationwide Coin And Bullion Reserve Review

Silver

Silver can also be a very wise investment. It also continues to grow in value as more and more uses for this precious metal are discovered. Below are the different silver coins and bars offered by Nationwide Coin & Bullion:

  • 1 oz American Silver Eagle Coins
  • 2020 Mayflower Ultra High Relief Coins
  • 1964 Kennedy Silver Half Dollar Coins
  • Mercury Dimes (minimum order of 1 roll of 50 coins)
  • 10 oz Silver Bars (various mints)

Pre-1933 Gold

Before 1933, gold coins were still in circulation in the United States. Nationwide Coin & Bullion offers some of these rare, historic treasures as well. These include:

  • $2.5 Indian Head Quarter Eagle Coins
  • $10 Gold Indian Head Coins
  • $20 Saint-Gaudens Double Eagle Coins

If you are interested in purchasing any of the gold or silver coins or bars offered by Nationwide Coin & Bullion Reserve, you can contact the company for the most up-to-date pricing. If you decide you'd like to place an order, the representative you speak with on the phone can assist you with that as well.

Shipping and Insurance

Nationwide Coin And Bullion Reserve Review

All orders placed on Nationwide Coin & Bullion Reserve's website ship for free. This is a big advantage over many other companies that have an order minimum (which is often pretty high) before you'll be able to earn free shipping.

Additionally, all shipments include free insurance. Nationwide Coin & Bullion Reserve ships orders through FedEx with insurance. Additionally, their packages are bonded by Merchants Bonding for extra security.

After your package ships, you will be sent a tracking code. This will allow you to monitor the progress of your precious metals so you can know exactly when they should arrive. Generally speaking, most orders placed with Nationwide Coin & Bullion Reserve are delivered about 7 to 10 business days after the orders has been processed.

Planning for Retirement

Nationwide Coin And Bullion Reserve Review

If you've started to realize how wise it would be to diversify your retirement savings and are ready to add gold or silver to your IRA, Nationwide Coin & Bullion Reserve can help you. Adding precious metals to a retirement savings plan, can help make sure you're prepared for the unknown and can retire on your own terms.

IRS regulations specify the coins and bars must reach a minimum purity level to be held in a retirement account. Fortunately, many of the products offered by Nationwide Coin & Bullion Reserve meet this minimum purity level and are considered IRA-eligible bullion.

If you're ready to add precious metals to your IRA, start by contacting one of the Senior Gold Specialists from Nationwide Coin & Bullion Reserve. They'll work with you and your IRA custodian to get your account set up and add the precious metals you select to your account.

Then, since the IRS requires all coins and bars for retirement accounts to be held in an approved depository, the company will package and ship your metals for you. All of the IRS-approved depositories offer top-notch security, so you'll be able to rest easy knowing your precious metals are safe.

Request a Free Welcome Kit

Nationwide Coin And Bullion Reserve Review

Interested in learning more about investing with Nationwide Coin & Bullion? You can enter your information on the homepage to request a free copy of their Welcome Kit. Their Welcome Kit will help you learn more about the benefits of investing in precious metals as well as some of the various coins and bars you'll be able to choose from. Additionally, when you sign up for the Welcome Kit, you'll also receive a free 2-year subscription to two publications: The American Gold Journal and Inside the Vault.

Resources for Investors

Whether you're new to investing precious metals or you've been investing for years, staying up to date with the latest news and insights is important. Visiting the "Resource Center" on Nationwide Coin & Bullion's website can help you keep up with everything you want to know.

The Resource Center includes profiles on some of the coins and bars offered by Nationwide Coin & Bullion to help you decide what to invest in, important information about setting up a Gold IRA, the differences between gold stocks and physical gold, and more.

You may also find the articles on Nationwide Coin & Bullion Reserve's blog helpful as well. Some of the most recent articles include "Improving the Gold Benchmark," "A Surprise of the Year Forecast: Gold to Rise 20 Percent," and "Rising Criticism of the Federal Reserve's Money Printing."

Are There Any Red Flags for Nationwide Coin & Bullion Reserve?

Nationwide Coin And Bullion Reserve Review

Looking at reviews from past customers and review organizations, such as the Better Business Bureau and the Business Consumer Alliance, is one of the best ways to determine whether there are any red flags for a company. We have found that individuals who have worked with a company can let you know a lot about how you should expect to be treated and the quality of the products you'll receive if you decide to become a customer.

As you can see from the information below, reviews for Nationwide Coin & Bullion Reserve appear to be all over the place. Reviews are above average on Trustpilot and Google, with average ratings of 4.6 and 4.2 out of 5, respectively. However, the company only has a D+ rating from the BBB, which is clearly very poor.

There is also an alert posted on the BBB's website about the company. The alert states that there has been a pattern of complaints filed by past Nationwide Coin & Bullion Reserve customers that say the company uses bait and switch tactics. According to these customer complaints, these tactics have resulted in them receiving coins that were not worth what they paid.

  • Better Business Bureau: D+ rating; not a BBB accredited business
  • Business Consumer Alliance: AAA rating
  • TrustLink: Not rated
  • Trustpilot: 4.6/5 (with 656 reviews)
  • Google: 4.2/5 (with 60 reviews)

Is Nationwide Coin & Bullion Reserve a Scam?

Nationwide Coin And Bullion Reserve Review

While it doesn't seem that Nationwide Coin & Bullion Reserve is a full-on scam company, there do appear to be some questions regarding how it conducts business. As we mentioned above, the Better Business Bureau's website displays an alert about the company. According to multiple customers, Nationwide Coin & Bullion Reserve appears to have been using bait and switch tactics and sending coins that don't match the value that the customers paid.

For example, some customer complaints cite being talked out of purchasing a particular 1 oz coin in favor of a different coin. Then, once the coin was delivered, they noticed that the coin was only a fraction of an ounce, but still cost the same as the other 1 oz coin they were initially looking at.

The alert on the BBB's website also states that some customers have said that they never received the coins they purchased, even though they were still charged for them. Apparently, these types of complaints about bait and switch tactics and orders not being fulfilled have been taking place since at least 2017.

Nationwide Coin & Bullion Reserve responded to the allegations on the BBB's website and strongly stated that they do not use bait and switch tactics. While this may be true, it does seem troubling how many individuals have complained to the BBB. It certainly sounds like it may be a bit of a risk to decide to do business with Nationwide Coin & Bullion Reserve, but of course the decision is up to you.

We also wish that Nationwide Coin & Bullion Reserve offered a larger selection of precious metals. They don't have as many gold and silver coins or bars as you can find on other sites, and there is no option to invest in platinum or palladium.

Features

  • Nationwide Coin & Bullion Reserve has been in business since 2009.
  • They offer gold and silver bullion as well as pre-1933 gold.
  • The company can help you open up a Precious Metals IRA.
  • All precious metals orders ship for free.
  • All packages include free transit insurance to protect your investment.
  • In most cases, you should receive your precious metals in 7 to 10 days after your orders is processed.
  • The website offers a resource center that can help you learn more about investing in precious metals.

Pros & Cons of Nationwide Coin And Bullion Reserve

Pros:

  • Any order placed through Nationwide Coin & Bullion Reserve will ship for free with free transit insurance.
  • If you'd like to add precious metals to an IRA, the team at Nationwide Coin & Bullion Reserve can help you.
  • You can learn more about investing in precious metals by visiting the resource center on the website.

Cons:

  • Nationwide Coin & Bullion Reserve has a D+ rating from the Better Business Bureau.
  • The BBB's website has an alert citing numerous claims from past customers alleging that the company utilizes bait and switch tactics.
  • They don't have a very extensive selection of gold and silver.
  • You can't invest in platinum or palladium.

Final Verdict

Nationwide Coin & Bullion Reserve may look like the right company for you when you just visit their website, but when you dig a bit deeper and look at the reviews and complaints on the BBB's website, you may be having some second thoughts. The choice is up to you, however. Are you interested in working with Nationwide Coin & Bullion Reserve, or do you think you'd feel more comfortable going with one of our favorite precious metals investment companies that has many more positive customer reviews?

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