Precious Metals

Nationwide Coin and Bullion Reserve Review13 min read

Oct 25, 2021 9 min
Nationwide Coin and Bullion Reserve
Reading Time: 9 minutes

The organization named Nationwide Coin and Bullion Reserve was originally founded back in 2009, and they made their original home in Houston, Texas. This company focuses on selling precious metals including silver and gold, and it’s Texas customers can also purchase bullion coins as well.

The business sells a wide range of bullion coins as well as various precious metals, and their customers can visit their website to purchase their preferred products. They specialize in selling coins issued by the US government and gold and silver coins issued by foreign governments too.

First established in 2009, this organization says that the experts employed at the company have more than 100 years of combined experience selling precious metals. They say they are best suited to helping customers because of their years of experience, and this will ultimately lead to them experiencing profitability when purchasing silver, platinum, and gold. The company also claims that their main priority is to help their clients achieve a high return on investment by sharing knowledge and advice about the precious metals market and all that it entails.

Besides the US coins and foreign issued coins, Nationwide Coin and Bullion Reserve also sells rare coins from a pre-1933 America, rare bullion coins from the modern era, numismatic coin investments, and they even work in the IRA rollover space. They have an expert team providing numismatic consultancy, consultancy on rare precious metals, and they even analyze the current economic trends on your behalf.

Nationwide Coin and Bullion Reserve’s Company Website

From a design standpoint, their website is designed very well, it’s user-friendly, and it shows lots of helpful information and valuable links. At the top of the website, you can see the various prices of precious metals in US dollars. It also shows the tax rate for each of these items on a conveyor belt type ticker. It’s easy to navigate this website by clicking on several different tabs that will take you to areas of the website including FAQs, the About page, a reviews page, their blog, the page where they make their company promise, and their resource center.

Customers enjoy the FAQ page section because it provides a lot of great information including reliable company reviews, their shipping policy, types of products that they sell, the makeup of their coins, and much more. This website is even accessible to visually impaired people, blind people, and more, so if you need additional help this is a great website to use.

Even more so, the website is designed so that it is available in multiple languages, and you can read the website content in your preferred language. No matter what your preferences and interests are, there’s something on this website for everyone, and the design shows that the company doesn’t discriminate against anyone as well.

Offering Customer Advice

One of the things that I love the most about Nationwide Coin and Bullion Reserve is the phenomenal advice that they provide current customers and customers interested in purchasing their products online. This information is so important because it helps them make the best decisions for their investment portfolio.

As an example, their website is filled with educational information, rules and regulations, and other valuable insight into the precious metals marketplace. They do not hold back at all and they’re even willing to share information regarding the volatility of the precious metals market.

Personally, I think this information is incredibly useful. It tells customers about the degree of risk that they will face and it even shares other valuable information that will help them make the right decision and assist them in choosing the best precious metals to invest in. Everyone needs to be made aware of the risks of any and all investments, and Nationwide Coin and Bullion Reserve does an excellent job of making customers aware of these risks, which is definitely going to help them invest more wisely.

The company even offers a full disclosure policy that fully encompasses the entirety of the precious metals market, which I have to admit I feel is very impressive to say the least. They aren’t trying to lie to their customers at all for any reason. They aren’t trying to pull the wool over anyone’s eyes in an effort to make a little bit more of a profit. They provide the truth, the whole truth, and nothing but the truth to their customers each and every step of the way so that they can properly decide if this investment is the best choice for themselves and their family.

Just like any investing strategy, there’s always a measure of risk involved, and customers are made aware of this from the very beginning. They like to make sure that people’s expectations are kept in check and they advise their clients to report on employees if anyone ever attempts to mislead them.It’s really virtuous to tell your potential customers about the impending risks that they might incur instead of trying to convince them to invest blindly while having major regrets later on. The company has many blog posts that discuss a wide range of potential concerns regarding the precious metals market including investments, regulations, market trends, varying opportunities, and basic news that keep customers up to date on the issues.

Pricing and Product Delivery

Within the FAQ section, they advise customers regarding the changing prices in the precious metals market based on current prices and market conditions, which can potentially make the price of precious metals fall or rise in any given moment.

This organization also devised a pricing strategy that they use when setting their precious metals products that benefits the customers. In terms of payment for differing precious metals, clients are typically satisfied with the organization. Why? Their customers feel that they are paying a fair and honest price, which is exactly how everyone wants to feel after this type of an exchange.

According to reviews from previous customers, I can say with absolute certainty that Nationwide Coin and Bullion Reserve is an honest organization that always tells their customers the truth about product pricing. How do I know? I know from personal experience and I know that what they advertise is exactly what they end up doing as far as pricing is concerned.

This company made a promise to its customers, which they clearly state on their website. They would never engage in any type of false advertising, so customers can feel safe and assured knowing that the price that they pay for products is exactly the price being advertised.

Also, within the FAQ section, if you read the fine print you’ll learn that typical delivery times from Nationwide Coin and Bullion Reserve can be expected within 7-10 business days after the company processes the purchase and it has been confirmed. Nevertheless, they also advise their customers that some locations and specific events could have a negative impact on delivery, like the holidays as an example.

We are entirely aware that certain companies attempt to entice new customers by offering exaggerated info regarding their delivery policy. With that said, we like to focus on previous customer reviews in this regard, because the customers always tell the truth – whether it’s positive or negative.

Based on information gathered from the comments left by previous customers, I am 100% satisfied and convinced that this organization is incredibly honest as far as their delivery times are concerned. They let customers know the absolute truth and they work diligently to make sure they deliver their products within 10 days, and often times as quickly as 7 days in many instances.

Guess what? Nationwide Coin and Bullion Reserve even claims to offer free deliveries. And based on previous customer testimonials that I’ve read, I believe that this statement is true because they say they weren’t charged shipping costs or taxes on their precious metals purchases upon delivery. I did read that customers were complaining about a faulty ordering process, and that they use customer contact information to push additional products that they aren’t interested in buying.

Nationwide Coin and Bullion Reserve Pros

  • They have a wide array of precious metals products and bullion coins on offer.
  • The company sells coins minted in the US as well as foreign countries.
  • The company provides free shipping to their clients.
  • The company provides a user-friendly website to help cognitively impaired, blind, and visually impaired users and even more special needs situations.
  • Their website is available in multiple languages for various people all over the globe.
  • They offer rare coins and other precious metals at low prices.
  • Their customers are offered a wide array of information and help regarding precious metals investments.
  • They did a great job informing customers about the potential riskiness of investing in rare coins and precious metals.
  • They do a good job managing their prices with their advertised prices, which doesn’t always happen with every precious metal seller.
  • They give their customers a tracking number so that they can follow their shipment every step of the way.

Nationwide Coin and Bullion Reserve Cons

  • The company receives mostly positive reviews but there are some negative reviews mixed in.
  • The company Nationwide Coin and Bullion Reserve hasn’t received accreditation from the BBB – Better Business Bureau.
  • They have only received a D+ rating on their reviews provided on the Better Business Bureau website.
  • Their customers accuse the company of hard selling other products in an effort to make more sales.
  • Their customers have made complaints because they say sales representatives attempted to charge them higher prices for precious metals than the actual prices being advertised.

Is Nationwide Coin and Bullion Reserve Considered a Scam Company?

Before I tell you whether or not Nationwide Coin and Bullion Reserve is a scam, we have to take into consideration that there are some factors that will tell us if a company is legitimate or not. This is of the utmost importance because we do not want to accuse anyone of being considered a scam unless the actual scam is truly legitimate.

We know full well that there are many fake and phony businesses out there who want to hook their customers and steal from them by claiming to be legit, but in truth they do not sell top-quality products and they end up using standards that deceive their customers by charging really high prices. It’s fortunate that there are a number of ways to tell if a company is really credible, trustworthy, or phony and you can achieve this online using reliable sources.

Certain factors can indicate the legitimacy of a company or not. These include whether the company has relevant registrations with authorities, looking at previous customer reviews online, seeing if the company has a physical address and contact information on their website, determining if they have a privacy policy and terms and conditions, and seeing if they use reliable methods to receive payments, and determining if the information on their website is accurate and consistent. As we attempt to see whether or not Nationwide Coin and Bullion Reserve is consistent, we will use the points made above to make our determination.

Registration

As I mentioned earlier, the company has never been accredited by the Better Business Bureau, otherwise known as the BBB, and they have incredibly low ratings on their website – their ratings are a D+, which isn’t very good at all. They are an actual member of the BCA – Business Consumer Alliance, which is a US-based nonprofit organization.

(You want to find a company that does well in all of these third party consumer ratings, because one mis-step and you may think you are about to move your money penalty free, but you could see someone fumble it and totally ruin your tax plan.  One company you can depend on is GoldCo.)

Past Customer Reviews

As far as previous customer reviews are concerned, we can use this information to determine that Nationwide Coin and Bullion Reserve is definitely a reputable organization based on customer feedback who have worked with them in the past.

For the most part, customers are typically satisfied with their products and prices. But every now and then a customer will leave a negative complaint on their website or one of the ratings agencies online. Some things to consider include:

  • Better Business Bureau – D+ rating
  • Trust Pilot – 4.6 out of five stars and 671 reviews that are mostly positive

Contact Details & Location

They share their physical address and phone number on their website. If you ever need to reach the company or visit in person, they can be found at the following address and phone number:

Nationwide Coin and Bullion Reserve
ATTN: Donald Fogo – Compliance Director
2000 S. Dairy Ashford, Suite 170
Houston, TX 77077
Phone: 855-203-7076

Terms and Conditions & Privacy Policy

On their website, they do have a section listed privacy policy that you can click and read. This section also shares the terms and conditions that talks about the website, their services, and other important information.

In their terms and conditions, they clearly mention collecting personal data on their customers and they mention that this data might be used. Customers can unsubscribe from receiving promotional emails if they choose to do so.

Accepted Payment Methods

This company accepts a wide array of payment methods. As you can imagine, they incorporate all the standard methods of payment including:

  • American Express
  • Visa
  • MasterCard
  • Personal Check
  • Cash

As we all know, paying using our Visa or MasterCard is a very easy and efficient way to send or accept payments from around the world. And it’s a highly respected option as well.

Content Consistency & Accuracy

After spending a decent amount of time digging through their website, I can say with absolute certainty that their content is legitimate. In one section after another, the content corresponds correctly with the others.

There aren’t any major editing errors on their website that could potentially make you notice a red flag. For the most part, scam websites typically have lots of grammatical errors and different content inconsistencies, but this website doesn’t possess these blemishes.

Are They Really a Scam or Not?

After taking a look at this company from various angles, it’s time to say whether or not I feel this company is legitimate or if I’ve determined that they are a scam.

Based on the registration section, even though they weren’t registered with the Better Business Bureau, I can confidently say that they were registered with the Business Consumer Alliance, which is definitely a good thing.

After perusing the reviews from previous customers, it’s safe to say that Nationwide Coin and Bullion Reserve is legitimate because many customers have had extremely positive experiences, and only few customers experienced a negative situation.

Third, they did share their contact details on location on the website, which definitely puts a point in their favor.

Fourth, they had a privacy policy and terms and conditions clearly stated on their website. They mentioned that they did receive customer data and that the data was going to be used in a specific way. This definitely helps provide additional credibility for the organization.

Next, they accept payments from reputable companies like American Express, Visa, and MasterCard. And finally, the content on their website is consistent, accurate, and it isn’t loaded with a bunch of unnecessary scammy looking mistakes.

All in all, based on everything I’ve determined, I can say with certainty that Nationwide Coin and Bullion Reserve is definitely a legitimate company operating in this space.

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