Today, we look at Nationwide Coin & Bullion for you. What is Nationwide Coin & Bullion Reserve? A scam or a legit company? Will it be for you, or are there better alternatives out there? These are some questions this review will answer.
Company: Nationwide Coin & Bullion Reserve
Website: www.nationwidecoins.com
Owner: Not mentioned on their website (bad sign)
Price: depends on your investment (if you invest)
Who is it for? Precious metal Investors
Overall rating: (3 / 5)
Important to mention (before we go into more details of this review)
We strongly recommend doing your research online before choosing a company to invest in. There are so many reviews online of clients being ripped off and scammed. So please investigate thoroughly and compare different alternatives before you make your decision.
One example: 99.9% of companies got “pushy” salespeople trying to stress you into acting fast.
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With that being said, let´s continue with the Nationwide Coin & Bullion Reserve review!
What is Nationwide Coin & Bullion Reserve?
Across the Nationwide Coin & Bullion, Reserve & Bullion Reserve’s master account officials have more than 100 years combined experience helping individuals possess valuable metals. With the specialists’ information, experience, and enthusiasm for delightful items like gold bullion, silver coins, and other beneficial products, you can confide in Nationwide Coin & Bullion Reserve as your accomplice in this rewarding industry.
Regarding Nationwide Coin & Bullion Reserves audits, you realize you can confide in what the clients have stated for a considerable length of time; they offer the customers the items well beneath retail estimating.
I didn´t find any info on the website on who is the owner of the company, however, I managed to find the business managment on the BBB website:
- Mr. Turner M Jones (Chief Operations Officer)
- Mr. Donald Fogo (Compliance Director)
- Ms. Gina Wells (CFO)
How do they work?
Nationwide, Coin & Bullion Reserve has made a Compliance Department encourage customer certainty. The Compliance Department gives constant instruction and preparation to its deals staff and representatives.
Clients have to contact the Compliance Department rather than deals agents. Shoppers have a safe inclination their worries are being heard and managed in a provoking and reasonable way to the buyer’s fulfillment.
Across the country, Coin and Bullion Reserve, Inc., asks for any client with worries to contact the Compliance Director, Donald Fogo, through email or phone.
- Nationwide Coin & Bullion Reserve does NOT participate in any supposed lure and switch strategies. Every publicized item in stock is offered to clients, and requests are taken. Clients are educated on other accessible items.
- Nationwide Coin & Bullion Reserve moves coins delivered by The United States Mint from the U.S. Government.
- Nationwide Coin & Bullion Reserve utilizes Federal Express medium-term conveyance with a mark-required acknowledgment (Federal Express following numbers) and the United States Postal Service (Postal following number). Across the nation has obtained protection on all bundles sent by Federal Express or United States Postal Service. If the item isn’t conveyed to the client for reasons unknown, Nationwide records a protection guarantee with notice to the client. The client, at that point, has the decision of reshipping the coins or accepting a full discount.
- The only client completely approved Mastercard accuses, and a different free confirmation call to clients for their insurance is made.
- Nationwide Coin & Bullion Reserve has the staff to determine client worries to the full fulfillment of each client. Across the country, Coins has reacted and settled any and client issues and concerns.
- For the security of Nationwide Coin & Bullion Reserve clients, all workers are reinforced by Merchants Bonding Company.
Services and products available
There are different products and services available at Nationwide Coin & Bullion Reserve. Some of the common products available are.
- E-commerce facility
- Bullion Bars
- Bullion Coins
- Numismatic Coins
Serving the areas
They are serving the area of Texas only. They are not providing the services in any other part of the world.
IRA offered?
Yes, IRA services are available at Nationwide Coin & Bullion Reserve.
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Charges for services?
A typical question that a vast majority ask is what is the charge for the items and administrations. It would be best to realize that the expense for metals you want to purchase is shown on the site. It implies that you can purchase or move merchandise contingent upon the first rates. You are not permitted to arrange the cost.
Would you be able to get the metals delivered at home?
First of all, if you are woundering about IRA metals you should know that it is not allowed to store IRA gold at home.
The reliable service of Nationwide Coin & Bullion Reserve is that your advantages will be conveyed in your area. In any case, you need to recall how you may need to pay additional for the administrations. Most clients whine that conveyance administrations are costly and difficult to oversee in their spending.
** See our Top #5 List of Gold & Silver Dealers
Would you be able to sell metals back to the company?
If you intend to offer back the items to the organization, you should realize that they will repurchase unadulterated gold at 2%, not exactly the rate in the present market. Every one of the trades will rely upon the exchanges made by the clients. It would be a superior alternative to move the items you have purchased from Nationwide Coin & Bullion Reserve to another person if you need a higher benefit.
Is Nationwide Coin & Bullion Reserve a Scam?
So, is Nationwide Coin & Bullion Reserve a scam? No, I do not think so, I think it is a legit business. However, if it is your best bet out there is a whole other story, there are some question marks and potential red flags.
The first one I would want to address is that there is no owner (or CEO) present on their website. That is not a good sign (at least in my book).
I did manage to find their business managment on the BBB website though, however, that was not the only thing I found there… More about that a bit further down.
I investigated their online reviews and ratings from their clients, I found some other potential red flags.
Nationwide Coin & Bullion Reserve reviews, ratings & complaints
What is always wise to do before making any decision about the particular company you are interested in is to look at what the most well-known and trusted review and rating sites have to say.
As always in our reviews, we have made this job easier for you by presenting you with their results (with clickable links) to make this easier for you:
BBB (Better Business Bureau)
Accredited: NOT accredited by the BBB
Rating: (3.4 / 5) (from 28 reviews) click here to read more (opens in new window)
Trustpilot
Rating: (4.6 / 5) (from 660 reviews) click here for details (opens in new window)
Trustlink
Rating: N/A
BCA (Business Consumer Alliance)
Rating: (4 / 5) (from 14 reviews) click here for details (opens in new window)
Yelp
Rating: N/A
The conclusion from this:
As you can see, the company is NOT an accredited business by the BBB, and that is something you have to know about. There are some pretty serious complaints to be found there as well.
What´s positive is that they got a very good overall rating on the Trustpilot website, and that makes the BBB low rating hard to understand, how can it be such a difference between the two?
You also need to know that there are companies that are both accredited by the BBB and got an A+ from BBB and a 5-star rating from its clients.
==> See what company is the absolute #1 rated instead (by far)
PROS and CONS
A portion of the advantages and disadvantages of working with the organization is.
The good
- They have a wide range of valuable metals accessible in various wattages, making it less demanding for you to purchase the items you need.
- Good ratings from Trustpilot
The bad
- Not BBB accredited
- Many complaints
- Sometimes it inspires hard to connect with the specialists.
- You will get the installment as per the present rates when you move the valuable metals. Along these lines, if the rates are brought down organization has no power over it.
Do You Own or Represent Nationwide Coin & Bullion Reserve?
If you are a representative or associate of Nationwide Coin & Bullion Reserve and have found something not to be correct in this review, please, feel free to tell, and I will make sure to update the info on this post. The easiest way to do it is in the comment section below, or else you get the e-mail on the about page.
Final verdict
Verdict: NOT recommended
Overall rating: (3 / 5)
The BBB site’s complaints and lack of accreditation and bad rating is something you need to know about, and also a big reason why I give a low 3 out of 5-star rating. I cannot recommend this company.
You are a smart person, and you made a wise decision to read this review. I am sure that you will find the right company that suits your needs the best!
There are more than 20 companies that I would recommend before them, and the absolute best one I can recommend to you is the one you can read about through the link below:
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I hope you found this short review on Nationwide Coin & Bullion Reserve to be helpful, and now you should have a better understanding of what it is and if it is something for you or not. If you have used any of their services, please share your experience in the comment section below, as it can help others. Also, if you got any other questions about this review, I will be more than happy to answer them below.
I wish you the best!
Michael,
Founder of: GoldRetired.com
I had a bait-and-switch pulled by Nationwide today. But, the guy (Corey) was smooth and vert good. Instead of getting what I originally ordered, he convinced me to buy something else that I now find out is way overpriced.
First of all, thank you for telling us this, and leaving the comment here as it will help others to be more aware and to avoid similar experiences.
Hopefully, the damage wasn´t that big? Can you ask for a refund?
/Sincerely
I’m don’t think this is a scam. They’ll deliver the coins in the advertisement. They did it twice for me, once at my home and another time at the business. Can’t be a bait and switch if they will deliver the advertised product.
Doesn’t sound like to many people are happy with some of the other coins they sell.
First of all, thank you for your comment!
Hopefully, you have received what you wanted, make sure to check the worth of the coins, as coins are where most scams take place, we recently published an article on “Numismatic Coins” that you might want to read, it is located in the “gold menu”
Please feel free to come back here and tell us what you find,
/Sincerely
Problem that I have is a total lack of response from management staff. I went to Nationwide because of an advertisement in the VFW magazine. Made contact with several agents who “promised” me that if needed I could sell coins that I had purchased back to the company at the price that I paid for them. Not only did I find this to be totally false but the company apparently does not want to buy them back at any price. And on research I found that the merchandise was grossly overpriced to begin with. I am totally disatisfied with the service that I have received.
First of all, thank you for your comment, am sure it will help others to think twice and avoid falling into the same mistake, this is sadly not uncommon and we get to hear about this stuff all the time, especially when it comes to coins and so-called numismatic coins. This article is about that: https://goldretired.com/what-is-numismatic-gold-coins-important-knowledge-for-you
Please feel free to come back here and tell us how it all pans out in the end for you,
thank you again for your comment,
/Sincerely
Thank you Larry; I saw the advertisement in VFW magazine too.
I’ve read your article on numismatics and can’t believe that people are putting their retirement in collectible coins. It would be the same as taking your nest egg and buying baseball cards. Maybe if you know a lot about coins put some of your hobby money in it if you like coins. I know nothing about collectible coins and have never bought one.
I do know a little about gold and silver and have been buying it since gold dropped to $1,100.00 a couple of years ago. I’ve bought quite a bit of it from Nationwide Coins. They’ve done well by me small percent above spot prices. They’ve always delivered. I think if you stick with bullion you’ll probably be just fine with this company.
By the way you have them as a N/A under Trustpilot rating. They actually have a 8.7 out of 10 rating. Looks like they can be a little slow on shipping sometimes.
Kris Taylor
First of all, thank you for your comment!
Haha I think you are spot on with your basketball cards reference, couldn´t agree more.
Thank you for sharing your experience as well with Nationwide and for the info about the Trustpilot, at the time we wrote this review there was nothing to be found from Trustpilot.
Thank you again for your comment,
/Sincerely
Natinowide sold my Father-in-law over 65,000 in coins that are valued at under 20,000. He was in his final stages of kidney failure and struggling with coherant thoughts. I think that they fully took advantage of a sick and dying man. I have contacted them multiple times trying to sell the coins back to them. I have gotten the run-around from them every time. It is really sad that this happened to our family.
First of all, thank you for your comment.
Am so sorry to hear about your experience here, hopefully it will resolve well in the end, please feel free to come back here and tell us how it goes.
Thank you again for your comment,
/Sincerely
Could you delete my comment that I posted here? I am now working through this with the company and they are communicating well. Part of us getting this resolved is having this comment removed. The director I am working with has been communicating with us well.
Hi again, first of all, thank you for coming back and update us on your situation.
Very glad to hear you are about to solve the problems you had, really happy to hear that.
Are you saying that they only resolve your issue if you ask us to delete this comment?
Thank you again,
/SIncerely
I just want my comments removed.
please delete all my comments. I am a pastor here in Mississippi and do not have time to go back and forth. I have emailed you and requested here for you to remove my ALL my comments.