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Although risks are involved in investing in bullion products, gold prices typically stay stable, especially when the dollar and market fall. Companies like Nationwide Coin and Bullion Reserve seek to help investors diversify their investment portfolios.
Before we go any further with this Nationwide Coin Bullion Reserve review, we want our readers to understand how we research each precious metals company and conclude with our recommendations. Do not make an initial purchase until you read until the end.
At Barcode of Life, we understand the importance of your financial decisions and the trust you have in our information. We conduct in-depth research on every company we review, including their reputation, product offerings, and history. Our goal is to provide you with reliable, comprehensive information so you can make confident choices.
We hold a skeptical view of banks, the monetary system, and politicians, recognizing that these entities often cater more to the wealthy than everyday investors. Therefore, we strongly advocate for individuals to have greater control over their own finances, firmly believing that they should have the power to make decisions about their money, reducing dependence on institutions and politicians.
Nationwide Coin and Bullion Reserve is a precious metals dealer based in Houston, Texas. The company opened its doors in 1998 and sells numismatic coins, bullion coins, bullion bars, and other precious metal products.
Not only can you buy coins made by the United States Mint, but you can also purchase gold bullion from other countries. The selection varies.
Lawrence Kuykendall owns Nationwide Coin and Bullion Reserve. He is also the company's current CEO.
Nationwide does not offer any information on its management team but discloses they have many experts working for the company, including precious metal rarities consultants, numismatic experts, trend analysts, and economists.
These professionals work together to ensure customers receive the professional guidance they need for investing in precious metals wisely.
Nationwide Coin and Bullion Reserve have a few prestigious affiliations, including the following:
These associations prove Nationwide is a reputable company, but we must be careful before making too many assumptions based on this information alone. There are many reputable companies in the precious metals industry, but not all deliver on their promises.
Some companies are more talk than action, which shows in their customer reviews. We put this Nationwide Coin and Bullion Reserve disclaimer in because we want you to research carefully before buying precious metal products from any company.
You will never find a company that offers perfection in every area. Nationwide is far from a perfect business. There are pros and cons to consider so you can determine if Nationwide will offer the right fit for your investment needs.
One of the most important things you can do when researching Nationwide Coin and Bullion Reserve is to read customer reviews. Find out what current and previous customers say about the company's services and its precious metal products.
You should also check out the BBB and Business Consumer Alliance before purchasing. Never trust your hard-earned money to companies that may not represent your best interests.
Nationwide Coin and Bullion Reserve currently have a four-star rating out of five on the BBB. This rating is based on 31 customer reviews. There have been nine customer complaints in three years and one in the last 12 months. Complaints include the following:
In Nationwide's defense, they respond to every complaint and attempt to settle them rapidly. Most complaints have been settled and closed at the time of this writing.
We next stopped at the BCA to see about the company's rating and complaints. The company has four stars out of five based on 14 customer reviews. Nationwide Coin and Bullion Reserve have an AA rating with the BCA and one complaint in the last three years.
This complaint came from someone receiving constant mailers from the company despite never seeking their services. The compliance department handled the matter and removed the individual from their contact list.
Nationwide Coin and Bullion Reserve is not a scam. They are a legitimate company but seem to have problems with customer service, high markups, and preying on older people. We want to be honest with our readers in this Nationwide Coin and Bullion Reserve review, as we are in every review. There are definitely red flags regarding this company.
Please be careful pursuing them because they do not offer the best customer service levels in the precious metals market. Customers have complained about account executives using pushy sales tactics to make sales.
No sales rep should ever threaten a customer, yet claims have been made about such communication of threats. This is deeply concerning.
Unfortunately, we see red flags popping up here and there with this company, which disturbs us. We are upfront about our findings and want you to know the good and bad before you get involved with Nationwide Coin and Bullion Reserve. We have noticed the following:
Your retirement funds are precious, and we must add this Nationwide Coin and Bullion Reserve review disclaimer.
Heading into an investment opportunity with your eyes wide open will help you avoid unwanted surprises that lead to significant stress. The red flags above should not be ignored.
The buying process with any company should not be highly stressful or make you feel pressured to buy precious metals outside of your budget and comfort zone.
Nationwide Coin and Bullion Reserve brings over 100 years of experience to the table. The Nationwide guarantee ensures your satisfaction or your money back. The goal of the company is to generate industry-leading returns.
Each sales representative goes through extensive training to ensure they can help customers with their diversified portfolios. They want you to entrust them with your retirement funds and individual retirement accounts.
Nationwide does offer gold-backed IRAs. We could not find trustworthy information on custodian partnerships.
Suppose you are looking to diversify your investment portfolios for retirement savings protection. In that case, Nationwide can help you roll over from an existing retirement account or open a new one approved for gold investments.
We could not find any information on the depositories Nationwide works with to help its customers store their gold securely.
Some companies are more transparent than others. When we learn more information, we will update this Nationwide Coin and Bullion Reserve review.
Nationwide only sells gold and silver coins, but they offer a decent selection, and you can buy coins from other countries. The following are some gold and silver Nationwide coins available for purchase from Nationwide Coin & Bullion Reserve.
The company also sells gold bars and other Nationwide coins. Some coins say they are offered at cost, but you must call for the cost and to purchase coins.
We had read on review sites that Nationwide offers a vast selection of coins, but we saw very few choices on the website. Maybe the inventory is low right now, but we will keep digging until we uncover the truth of what is going on with this company.
Nationwide accepts various payment options. You can pay for your order in the following ways:
One thing that distinguishes Nationwide from the rest is its free shipping policy. You will get free shipping no matter the size of your order.
The arrival time will vary depending on your shipping location. The company works to ship each gold coin and bar as quickly as possible, though there are sometimes delays outside of their control.
All orders are shipped with full insurance. Nationwide uses FedEx. Merchants Bonding bonds FedEx shipments and Nationwide offers additional insurance coverage up to one million dollars.
You can rest assured your shipments will be covered with insurance should something happen and they become damaged or lost.
You must read the company's terms and conditions to learn about the buyback program. Nationwide does offer such a program and states it will buy back customers' purchases at the current buy/bid price.
We urge you to check the terms and conditions often as they are subject to change at any time, though you should be given written notice when they do change. Read them in their entirety before agreeing to any purchase, no matter how small.
The products sold by Nationwide are certified by an independent assayer. The purity of each coin or bar varies, depending on its mintage and type.
For instance, the American Gold Eagle has the highest purity rating of .9999% pure gold. A small amount of copper and silver are added to these coins to make them more durable because pure gold is a soft metal that quickly becomes damaged.
Purity standards are essential, especially if you want to invest in a gold IRA. The IRS has specific purity requirements that include the following:
It is important to note that numismatic coins often do not meet the requirements of the IRS for gold IRAs. Working with a seasoned investment portfolio advisor who can guide your precious metals purchases is essential.
The website is easy to use, and we like that it is inclusive. You can change how the website works according to your disability modification needs.
The Nationwide website is simple to navigate. There are tabs at the top that take you to menu items, and everything is designed in a straightforward way.
A ticker at the top gives visitors information on the current prices of precious metals. The company's blog is informative and keeps readers up-to-date on the latest news in the industry.
Buying from the website is relatively easy. Unlike some gold retailers, the company offers upfront pricing on most items.
You can buy on the website, but some items, like pre-33 gold, require a call to the company for pricing. If unsure where to start, the company invites you to complete its online form and request a free two-year subscription to American Gold Journal and Inside the Vault.
If you purchase online, you will receive an email with your order confirmation and a follow-up email with your tracking number after it ships.
People are more worried about the future than ever. It is never too soon to begin preparing for retirement. If you want to diversify your portfolio, precious metal products are the way to go.
Although there are risks with any investment, you will never have to worry about precious metals going to zero and losing all your money, as can happen on the stock market.
The following are some of the many reasons you should consider a precious metals investment.
Another reason to invest in gold bullion is the tax advantages. If you invest in a precious metals IRA, you can save on your tax bill. Depending on the type of IRA, you will either not owe taxes on contributions or distributions.
Why invest in gold? Gold has a high market demand, especially during economic and geopolitical distress.
While gold cannot guarantee a prosperous financial future, it can help you avoid losing your wealth in one economic event with the stock market.
Before investing your hard-earned money with Nationwide Coin & Bullion Reserve, you need to know there may be better alternatives. There are many reputable and trustworthy companies in the precious metals industry, but there are also scammers who prey on the desperate.
You should look for the following criteria when selecting a gold company:
If you cannot verify the above, do not buy gold coins, especially Gold American Eagle Coins, from Nationwide Coin & Bullion Reserve or any other company that cannot live up to its promises.
We have researched the company through every avenue possible to give our readers a final verdict in this Nationwide Coin and Bullion Reserve review. Nationwide Coin and Bullion Reserve offer helpful services regarding investing in precious metal, but there are many red flags, even from the BBB.
To invest in a precious metals IRA, you must research carefully. You must learn about the options and choose the best for your precious metal investment needs.
We have given you much information in this Nationwide Coin and Bullion Reserve review. You should now have enough facts to make an informed decision.
Nationwide Coin and Bullion Reserve is not a bad company or a scam. Based on our research of other companies, better options may be available.
We invite you to use our chart to compare Nationwide Coin and Bullion Reserve with other top precious metal companies in the industry. This comparison guide should help you realize where Nationwide shines and where it falls short.
In conclusion, Nationwide Coin and Bullion Reserve offers options for gold investments, but they exhibit many red flags that make some investors uncomfortable. We feel there are better options available. Proceed cautiously if you decide to go with Nationwide Coin and Bullion Reserve.
Recognizing that banks often serve the interests of the wealthy rather than everyday investors, we approach banks, the monetary system, and politicians with skepticism. We strongly believe that individuals should have greater power over their finances, empowering them to make decisions about their money independently and reducing reliance on institutions and politicians.
