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Nationwide Coin and Bullion Reserve is one of many online precious metal dealers. How do you know which one to trust?
It can be difficult to know who to trust when it comes to buying precious metals like gold and silver. Many of these dealers are fly-by-night operations that will take your money and run.
Nationwide Coin and Bullion Reserve has been in business for over 13 years, they have a large client list, and they claim to have access to numismatic experts. When it comes time to buy precious metals, don’t risk your money with a shady dealer, be sure to go with a company you can trust.
Can you trust the pros at NCBR?
Our team has provided a comprehensive Nationwide Coin and Bullion review below:
We know that picking a company to invest with is an important financial decision and we pride ourselves on providing accurate and reliable information! With our extensive research, we have compiled a list of our 5 highest recommended companies for this year!
Contents
- 1 About Nationwide Coin and Bullion Reserve
- 2 How to Buy Nationwide Coin Bullion Reserve products
- 3 Nationwide Coin and Bullion Reserve Services including Precious Metals IRA’s
- 4 Prices of Nationwide Coin and Bullion Reserve’s
- 5 Is Nationwide Coin and Bullion Reserve a Scam?
- 6 Charity and Organizations they Support
- 7 Nationwide Coin and Bullion Reserve FAQ
- 8 Pros & Cons from our Nationwide Coin And Bullion Reserve Review team
About Nationwide Coin and Bullion Reserve
According to the Better Business Bureau listing for Nationwide Coin and Bullion Reserve, Inc’s. listing they have been in business since 2009, and is based in Houston, Texas. According to the company website they are a leading precious metals company. The company also sells historic coins and numismatic rarities besides precious metals. The online catalog is updated regularly. Both foreign coins and US Mint coins are available.
Their website states that their experts have over a century of combined experience in precious metals, numismatics, investments, and finance. Therefore, they’re perfectly suited to help clients determine the right investments. Our Nationwide Coin and Bullion Reserve Review team also finds that negative reviews indicate that the satisfaction rate might not be as high as the website claims.
In addition, the company focuses on helping clients develop portfolios with a high potential return on investment. Clients are advised to focus on the items that can grow fastest.
However, some investors recommend against investing in collectibles. Due to speculative pricing, there is more risk involved. Bullion prices are based more closely on the metal’s melt value.
For people who want to invest in precious metals for retirement, there are IRA rollover packages. They include IRS-approved products that meet all federal purity requirements.
How to Buy Nationwide Coin Bullion Reserve products
They offer 3 kinds of products
Gold
- American Eagles 1 oz Gold
- Gold Bar 1 oz
- 1/10 oz Gold American Eagles.
- Burnished gold eagle
- 75TH Anniversary gold coin
- MS70 gold eagle T2
- Flower PF70 ultra cameo gold coin
- American buffalo gold PF70
- Indian Head Quarter Eagles
- 1 OZ. Buffalos gold
- American liberty gold 1/10TH OZ.
- Indian Gold Head
- Liberty Double Eagle Pre-1933
Pre 33 Gold
- Gold Indian Head
- Indian head quarter eagles pre-33
- Saint Gaudens Double eagle Pre-1933
Silver
- Mercury dimes
- Silver bars 10 oz
- American 1 oz silver eagle
- Kennedy half $ silver
- Flower high ultra Relief Pl70
Nationwide Coin and Bullion Reserve Services including Precious Metals IRA’s
Company Website
Nationwide Coin and Bullion Reserve’s website is pretty easy to navigate. A number of pages explain their expertise, mission, and promise.
In fact, much of the website focuses on validating expertise. Employees and team members come from industries like numismatics, precious metals, and financial services.
If you are looking to rollover an IRA you may work with one of their team members to do so. They offer a variety of gold silver. platinum and palladium offerings.
You can see real-time metal prices at the top of their site.
A Leading Precious Metals Firm
Nationwide Coin & Bullion Reserve, a leading precious metals firm, process coins from the U.S. government as well as foreign nations. Their industry experience is 100 years strong. Their account executives identify very profitable gold, silver, and platinum opportunities and allow clients to earn industry-leading returns on precious metals. Beginners and expert investors can work with them.
A Diverse Product Catalogue
Their product range is diverse. Their products include pre-1933 American coins and bullion, rare modern American coins and bullion, foreign coins and bullion, and gold and silver start-up packages. A diversified portfolio can be built by acquiring gold, silver, and platinum bullion and coins from NCBR.
NCBR offers a variety of long-term investments.
Precious Metal Experts
The team of precious metal experts at Nationwide Coin & Bullion Reserve helps investors put together investment portfolios. The consultants are economists, trend analysts, numismatic experts, and precious metals experts. Investing in precious metals is simplified and clarified by the team. But they cannot guarantee all investments
They offer to buy back bullion, coins, and other precious metal products they sell.
Company Guarantee
Its website has a satisfaction guarantee. Customers’ satisfaction is their top priority. They say they are completely accountable. Additionally, they reiterate their staff’s over 100 years of experience.
Now, the question is whether they are able to deliver. Since 2017, customers have complained. What caused the sudden drop in overall satisfaction in 2017 is unclear. Our Nationwide Coin and Bullion Reserve Review team has discovered that he company has established a compliance department.
Since then, complaints have dropped dramatically. But not completely. That is not uncommon in business though. People like to complain. Some more than others. Some people you just can’t make happy, no matter how hard you try.
Prices of Nationwide Coin and Bullion Reserve’s
Depending on the current demand and supply for specific products and the precious metal that’s used, Nationwide’s prices of coins, bullion, and other precious metal products vary greatly.
At the time of this writing A Silver Eagle with an ounce of weight costs $22, while a 1/10 ounce Gold Eagle starts at $148 and a $50 American Eagle weighing one ounce starts at $1,736.
Our Nationwide Coin and Bullion Reserve Review team suggests that if you’d like the most accurate and up-to-date pricing info on the wide range of valuable precious metal products Nationwide Coin & Bullion Reserve offers, you should call them.
Is Nationwide Coin and Bullion Reserve a Scam?
We don’t believe so. They do have some customer complaints, but most all businesses do receive complaints from unhappy customers from time to time. The business appears to be legitimate. There have been positive customer reviews for over a decade. There is no doubt that the company provides what they claim.
Charity and Organizations they Support
Operation Fully Home is an organization that helps disabled Veterans build homes. We admire NCBR’s support of this important charity and want to recognize their good works and investment in organizations like this. Good job Nationwide!
Nationwide Coin and Bullion Reserve, Inc. Complaints from the Better Business Bureau
We have found a listing for Nationwide Coin and Bullion Reserve, Inc. on the Better Business Bureau website. If this is a correct listing by the BBB for this business there are a few things you want to consider prior to buying products and services from Nationwide. The BBB has also published an alert about this business. Their are some complaints about NCBR which appear to have started in 2017 and have continued into 2021.
The BBB noted that Nationwide responded to all complaints. In addition, many customers reported that their complaints were resolved.
Let’s look at a few recent ones. Be sure to do your own research to determine if these complaints are accurate, or not.
Delivery Issues
In May of 2021, the most recent complaint was filed. This customer ordered gold coins worth almost $10,000 in February. A tracking number was provided. Delivery was supposed to occur in March, but the package never arrived.
Despite contacting an entity in the company, the customer was not given any information about what was found. Additionally, Nationwide has not provided any updates regarding its insurance claim for over three weeks.
The company responded that it needed the police report before it could process the claim. The customer was refunded on approval of the insurance claim.
The customer confirmed receiving the refund and closing the matter.
In this situation, it does not seem to be the company’s fault that it did not communicate properly. Their control over the processing of insurance claims is very limited. They issued the refund quickly and without any hassle.
**This issue was fully resolved with complete customer satisfaction.
Problems with Product/Service
A customer complained of bait and switch sales tactics in November of 2020.
They contacted Nationwide Coin and Bullion Reserve and asked about a particular gold coin. It was worth around $1,900. Instead, the sales representative convinced the customer to buy a coin that had a better value and potential growth.
However, the customer received a 0.25-ounce gold coin. Their original order was for a full ounce. In response to their complaint, the company told them the coin would be worth much more in 5-10 years.
They concluded by saying they talked to a local coin dealer about their experience. They were told that they had been overcharged.
Customer updates complaint a day later to state the issue has been satisfactorily resolved.
**This issue was fully resolved with complete customer satisfaction.
Pushy Salespeople
After attempting to buy a coin advertised at a great price, a customer wrote a complaint in May 2020. When talking by phone, the representative offered steep discounts to make them buy a different coin instead. The rep continues to offer steep discounts for 15 minutes.
In the end, the customer convinced the sales rep to accept the first advertised offer. A store representative told him that the coins would be mailed overnight and were currently on hand.
Yet a week later, the customer hadn’t received their items. An answering machine responded when they called to find out why there was a delay. Several hours later, a manager called and said that coins could not be shipped for at least 10 business days.
At this point, the customer canceled the order. But no response was received from the company.
In response, the company said the complaint was invalid and removed it. Additionally, they said the customer received their coins.
**This issue was fully resolved with complete customer satisfaction.
A few examples like the ones above has led to The Better Business Bureau showing customer reviews of 3.31 out of 5, a bit lower than we would like to see. The BBB has also placed an alert on their website about this business, as seen below.
In conclusion, we found the company works hard to correct consumer complaints and the complaints received have been remedied.
Nationwide Coin and Bullion Reserve FAQ
On the day we wrote this review, their FAQ section was not showing and questions or answers. Please be sure to check with their website at a later time to see if they have remedied this error on their website. Below is a picture of what we received when visiting their web page for frequently asked questions and answers.
Pros & Cons from our Nationwide Coin And Bullion Reserve Review team
PROS
- Don Everhart (former lead sculptor U.S.Mint) has chosen Nationwide Coin and Bullion as the EXCLUSIVE distributor of his signature coin series
- Their online store offers quality products at affordable prices.
- Precious Metals IRAs are among the products they offer.
- There are many types of rare coins.
- Numismatic experts will evaluate rare coins for their value.
- Federally issued gold coins are available.
- They offer a valuable newsletter, Inside the Vault.
CONS
- No BBB accreditation
- The BBB has issued an alert on their website
Is Nationwide Coin and Bullion Reserve Legit
Investors in precious metals tend to choose Nationwide Coin and Bullion Reserve. As numismatic experts in the world, the company offers estimates on the value of holdings to collectors.
Our Nationwide Coin and Bullion Reserve team would recommend doing your own research when deciding to buy coins, precious metals and IRA’s from Nationwide Coin and Bullion Reserve.
You may wish to check out who we rank as the best gold coin dealer to buy precious metals from, you can also get a FREE Gold Kit from them as an added bonus.
You should work with another company if you want to invest in bullion or numismatic rarities. The consumer feedback from other precious metals dealers is significantly better.