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Nationwide Coin & Bullion Reserve Review: All the Details

One minute, your stocks are booming; the next, you can lose it all because of economic uncertainty or geopolitical turmoil. Your financial future could be in trouble if your investment portfolio only consists of stocks and bonds.

The best way to diversify your investment portfolio and hedge against inflation is to invest in precious metals with a gold IRA that offers penalty-free tax savings.

Before you can buy gold and silver coins, you need to find a trustworthy retailer. Could Nationwide Coin and Bullion Reserve be the right one to invest in precious metal products?

In this Nationwide Coin & Bullion Reserve review, we search high and low to find everything there is to know about the company. We give you all the details so you can make an informed decision before investing in precious metals with Nationwide.

At The Gold Information Network, we understand the importance of your financial choices and the trust you place in our insights. We conduct in-depth research on each company we review, evaluating its reviews, reputation, product offerings, fees, and history while meticulously comparing it with similar market products.

In a financial landscape where banks appear geared towards serving the wealthy, we hold reservations about these institutions, the monetary system, and politicians. We passionately advocate empowering individuals like you with greater control over their finances. We firmly believe that you should have the authority to shape your financial future independently, reducing your dependence on institutions and politicians.

The Gold Information Networks' Quick Summary & Opinion

We reviewed Nationwide Coin & Bullion Reserve, a precious metals dealer based in Houston, TX that has been operating since 2009. They sell gold coins, silver coins, and bullion to customers in North America, Europe, and other countries.

  • It is safe to buy from Nationwide Coin & Bullion Reserve, as they are a legitimate company accredited by the BBB. However, some customers have complained about unknown fees.
  • Most orders ship within 3 business days and arrive within 7-10 days. Nationwide provides a tracking number for shipments.
  • While Nationwide offers some IRA-approved precious metal products, they do not provide IRA custodianship or storage services themselves. We believe investing in a gold-backed IRA is a good way to diversify your portfolio and hedge against inflation.
  • We cannot fully recommend Nationwide due to the number of customer complaints, even though they are a decent company overall. We feel there are better choices available.
  • If you do purchase from Nationwide, do thorough research first. Make sure you understand the product purity, value, and any fees. Keep an eye on their BBB profile for any new complaints.

What Kind of Company Is Nationwide Coin and Bullion Reserve?

Nationwide Coin and Bullion Reserve opened its doors in 2009 with its headquarters in Houston, TX. The company sells gold coins, silver coins, and bullion to customers. Nationwide delivers a staff of account experts who guide customers in making precious metal purchases.

The company offers precious metal products to its customers in North America, many European areas, and other countries.

Nationwide Coin and Bullion Reserve is one of the top companies in the precious metals industry and offers federally issued gold coins and foreign offerings. The company provides free copies of American Gold Journal just for registering.

If you register for a free account, you will receive a free investment kit and a free two-year subscription to American Gold Journal. This publication can help you understand numismatic value and other aspects of investing. You can also check out their navigation-related posts to better understand how they operate.

Who Owns Nationwide Coin and Bullion Reserve?

  1. Turner M Jones is the CEO
  2. Donald Fogo is the Compliance Director
  3. Gina Wells is the CFO


Nationwide Coin and Bullion Reserve believes ethics matter in the precious metal industry. They promise to never engage in false advertising. If they advertise a particular price for precious metal, they plan to deliver it to the customer at that price and will not try to deceive their customers.

Do they honor their promises? Is the company seeing industry-leading returns?

Nationwide Coin & Bullion Reserve Reviews: Customer Ratings & Complaints

Here, we come to the heart of the matter in this Nationwide Coin & Bullion Reserve review. Reading what current and past customers say about a business offers priceless information.

We first checked the BBB. It looks like the company became accredited by the BBB on 12/15/23. Nationwide has 4.18 stars out of five based on 33 customer reviews. Ten complaints have been closed in the last three years and three in the previous twelve months.

Complaint topics include the following:

  • Abusive language from staff members
  • Quoted different prices
  • Delays in refunds
  • Preying on the elderly
  • Harassment
  • Pushy sales tactics
  • Lost packages
  • High markups

We also checked Trustpilot for information on Nationwide Coin and Bullion Reserve. The company has 4.5 stars out of five, with 751 customer satisfaction ratings and an excellent rating for affordable prices.

Although many customers have had a positive experience, there are also many complaints. We will list the subject of these customer complaints below.

  • Difficulties getting refunded
  • Rude customer service agents
  • Pushy sales tactics with inappropriate questions
  • Forced into precious metal purchases
  • Customer service reps hang up on customers
  • Preying on novice investors
  • Bait and switch tactics
  • Slow delivery

Nationwide Coin and Bullion should be ashamed of itself if these accusations are factual. The company promises excellent customer service, but after reading these reviews, it appears they are failing their customer base.

At the top of the Better Business Bureau, we also discovered an alert about the company. It appears the company is attempting to clean up its act and rating because complaining customers are prompted to contact the owner directly for a fast resolution.

We have seen many companies that use bait-and-switch tactics. While savvy investors might immediately see through these tactics, companies like Nationwide prey on novices and older people.

Pros & Cons

Pros

Cons

Are There Red Flags?

We have found red flags. After digging deeply into the recesses of the Internet, we discovered Nationwide once had a D rating on the BBB. It is good that they are trying to clean up their act with the Better Business Bureau.

Is Nationwide Coin & Bullion Reserve a Scam?

Nationwide Coin and Bullion is not a scam. Just because they do not meet the definition of being a scam does not mean they are the best company to handle your gold purchases.

Their precious metals consultants seem to be very rude and pushy. We hope these pushy consultants have been replaced by those focused on providing Nationwide Coin and Bullion customers with the customer service experience they deserve.

What Precious Metals Does Nationwide Offer?

Unlike some precious metal companies, Nationwide only offers gold and silver products. Unfortunately, they do not offer a large selection of precious metals.

Gold Coins & Bars

  • One Ounce Gold American Eagles
  • $10 Gold Indian Head
  • One Ounce Gold Bar

Silver Coins & Bars

  • One Ounce Silver American Eagles
 
We could only find one single silver coin available on the Nationwide website. It looks like Nationwide needs to increase its inventory offerings, or perhaps this is only a sampling, and there is much more available behind closed doors.

Pricing Guide

If you want to know the price of Gold American Eagle Coins and other gold bullion, call and talk to the company's precious metal experts. The gold bullion buying process should not involve sitting through a high-pressure sales pitch.

Does Nationwide Coin & Bullion Reserve Offer a Guarantee?

The Nationwide Guarantee states the company will offer the best precious metals and superior customer service. They also promise to be truthful in everything they tell customers as a part of the Nationwide Guarantee.

The company states it cannot promise precious metal products will increase or decrease in value when investing in individual retirement accounts or for personal collections.

Nationwide promises it will never misrepresent the numismatic value of coins. The company will also never advertise precious metal products, like gold coins, that it does not intend to sell. If you see paper money being advertised, you can find it on the website.

The company promises to refund your money if you do not receive exactly what you ordered. We encourage you to read the Nationwide Guarantee on the website before engaging in business with this company.

Does Nationwide Coin & Bullion Reserve Offer Gold IRA Services?

Nationwide Coin and Bullion does not offer any gold IRA services. Trend analysts and numismatic experts will do nothing for you if you need to invest in a gold IRA, even though the company does offer some IRA-approved metals.

Shipping Policy: Costs, Shipping Method, and Insurance

The company offers free shipping across the board, regardless of size or type of order. Nationwide says most customers will receive their orders within seven to ten business days, but we have read customer complaints that stated there were long wait times for precious metal products.

Nationwide Coin & Bullion will give you a tracking number for your coins. Each order ships bonded by Merchants Bonding. Merchants Bonding ensures your orders are protected against losses.

How to Buy From Nationwide Coin

If you want to order from Nationwide Coin and Bullion Reserve, you will need to call and talk with account executives. Unfortunately, you cannot view the prices online or purchase without speaking with a representative.

We could not even view the entire catalog on the website. The specialized team will help you take care of your purchases and ensure they reach your door immediately.

Should You Invest in a Precious Metals IRA?

You should invest in a precious metals IRA to diversify your investment portfolios and hedge against inflation. Although Nationwide Coin and Bullion Reserve offers some IRA-approved precious metal products, they do not provide IRA custodianship or storage.

Consider the following benefits of investing in gold-backed IRAs:

  1. Gold is a safe haven investment that hedges against inflation.
  2. Gold investments have fewer risks, especially when part of gold IRAs.
  3. Gold IRAs offer tax benefits that help you save money when investing in approved precious metal products.
  4. Precious metals tend to rise in value when paper assets, like the US dollar, falter.

FAQ About Nationwide Coin & Bullion Reserve

Nationwide Coin and Bullion Reserve is a legit company. They have been operating since 2009 and are accredited by the BBB.

It is safe to buy from Nationwide Coin and Bullion Reserve. Some people have complained about unknown fees, so we urge our readers to research carefully before purchasing gold and other precious metal products.

Most orders ship within three business days, and most customers receive their precious metal order from Nationwide within seven to ten business days, depending on the shipping method. During the holiday season, there will be delays, but you will receive a tracking number for your coins.

Our Final Advice: Is Nationwide Coin and Bullion the Right Company for You?

We have reached our conclusion Nationwide Coin and Bullion Reserve. Unfortunately, we cannot thoroughly recommend Nationwide Coin and Bullion Reserve because of the many customer complaints, even though they appear to be a decent company. We feel the company is working on employing and training its precious metal experts to improve customer relations.

We like the Nationwide Guarantee, but their lack of inventory and gold IRA services make them an ineffective choice for many of our readers.

We give them an average rating and feel there are better choices. You should not settle for a “decent company.”

We invite you to view our table and see how Nationwide Coin and Bullion Reserve stacks up against the competition. Nationwide Coin and Bullion Reserve does not meet our expectations. We do not feel they generate industry-leading returns like some other firms.

If you decide to purchase from Nationwide, make sure to do your due diligence. Ensure you receive a tracking code for all purchases. Confirm you understand the product purity and its value. We also urge you to keep track of the BBB business profile to check for new customer complaints.

We recognize the significance of your financial decisions and the trust you place in us. We've done extensive research, examining reviews, reputation, products, fees, and history, ensuring you receive accurate insights.