Nationwide Coin and Bullion Reserve Reviews: 2024 Update

Last Updated on December 23, 2023

In the world of precious metals investing, there are numerous options available for individuals looking to diversify their portfolios, protect their wealth, and hedge against economic uncertainties.

Among the plethora of dealers and companies, Nationwide Coin and Bullion Reserve stands out as a prominent player in the industry.

This review will provide an in-depth look at the company, the products and services they offer, as well as examine their legitimacy in the market.

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Nationwide Coin and Bullion Reserve Overview

Established in 2010, Nationwide Coin and Bullion Reserve has built a reputation as a reliable source for purchasing precious metals.

With a strong focus on customer service and education, the company prides itself on guiding both novice and experienced investors through the process of buying gold, silver, and other precious metals.

Headquartered in Houston, Texas, Nationwide Coin and Bullion Reserve has grown to become one of the largest precious metals dealers in the United States.

What Precious Metals Do They Offer?

Nationwide Coin and Bullion Reserve offers a wide range of precious metals, including:

• Gold
• Silver
• Platinum
• Palladium.

Their product offerings include both bullion and numismatic coins. Bullion coins, such as the American Gold Eagle or Canadian Silver Maple Leaf, are primarily valued for their precious metal content, while numismatic coins are valued for their historical significance, rarity, and condition.

Some of the more popular numismatic coins offered by Nationwide include the $20 Saint-Gaudens Gold Double Eagle and the Morgan Silver Dollar.

How The Buying Process Works

The buying process at Nationwide Coin and Bullion Reserve is simple and straightforward. Interested customers can browse their online catalog, which features detailed descriptions and pricing information for each product.

To place an order, customers can either complete the transaction online or call Nationwide’s toll-free number to speak with a knowledgeable account representative who can answer any questions and provide assistance.

Do They Offer a Precious Metals IRA?

Yes, Nationwide Coin and Bullion Reserve offers a Precious Metals IRA option for customers looking to include gold, silver, platinum, or palladium in their retirement portfolios.

They work with several well-established IRA custodians to ensure a seamless process for setting up and managing a Precious Metals IRA.

Nationwide’s account representatives can assist customers in selecting the right metals for their IRA and guide them through the rollover or transfer process.

Reasons to Consider Investing in Precious Metals

Investing in precious metals can provide several benefits, including:

• Diversification: Precious metals can serve as a hedge against inflation and economic instability, offering portfolio diversification that can potentially reduce overall risk.
• Tangible Assets: Unlike stocks or bonds, precious metals are tangible assets that hold intrinsic value, providing a sense of security for many investors.
• Long-term Value: Historically, precious metals have retained their value over time, making them an attractive option for long-term wealth preservation.
• Global Demand: Demand for precious metals remains strong, driven by various industries such as technology, healthcare, and jewelry, which can influence prices and create investment opportunities.
  Reasons to Consider a Precious Metals IRA

A Precious Metals IRA can offer additional advantages for investors, such as:

• Tax Advantages: Contributions to a Precious Metals IRA may be tax-deductible, and earnings can grow tax-deferred until withdrawn during retirement.
• Inflation Hedge: Including precious metals in a retirement portfolio can help protect against inflation, preserving the purchasing power of retirement savings.
• Diversification: A Precious Metals IRA can add another layer of diversification to a traditional IRA, potentially reducing overall risk.

Shipping Cost and Delivery Times

Nationwide Coin and Bullion Reserve offers free shipping on all orders, regardless of size or value. Their shipping method ensures that all packages are insured and securely packaged to protect the contents.

In most cases, orders are shipped within 1-3 business days of payment clearance, although it may take longer for large orders or during periods of high demand.

Delivery times may vary depending on the destination, but customers can typically expect to receive their orders within 7-10 business days.

Pricing and Fees

Nationwide Coin and Bullion Reserve is known for offering competitive pricing on their precious metals products. While prices fluctuate based on market conditions, the company strives to provide fair and transparent pricing to its customers.

For Precious Metals IRAs, there may be additional fees associated with setting up and maintaining the account, which are charged by the IRA custodian.

These fees can include account setup fees, annual maintenance fees, and storage fees. It’s essential for customers to review the fee structure with their chosen IRA custodian to understand the associated costs.

Nationwide Coin and Bullion Reserve Pros and Cons

Pros

• Wide selection of precious metals: Nationwide offers a broad range of products, including bullion and numismatic coins, catering to various investor preferences.
• Precious Metals IRA: The company provides support for setting up and managing a Precious Metals IRA, allowing investors to include gold, silver, platinum, and palladium in their retirement portfolios.
• Free shipping: Nationwide offers free shipping on all orders, making it more cost-effective for customers.
• Competitive pricing: The company is known for offering competitive prices on their precious metals products.
• Excellent customer service: Nationwide Coin and Bullion Reserve emphasizes customer education and support, providing a personalized and informative buying experience.

Cons

• Limited online purchasing options: While the company offers an online catalog, some customers may prefer a more streamlined online purchasing process.
• Potential for additional IRA fees: Customers must be aware of the fees associated with setting up and maintaining a Precious Metals IRA, which can vary depending on the chosen custodian.

BBB Rating

Nationwide Coin and Bullion Reserve holds an A+ rating with the Better Business Bureau (BBB), reflecting the company’s commitment to customer satisfaction and ethical business practices.

Complaints?

While no company is immune to occasional customer complaints, Nationwide Coin and Bullion Reserve has a relatively low number of complaints compared to its industry peers.

The few complaints that have been filed with the BBB have been addressed and resolved by the company in a timely and professional manner.

Is Nationwide Coin and Bullion Reserve Legit?

Yes, Nationwide Coin and Bullion Reserve is a legitimate and reputable precious metals dealer. With a strong track record of customer satisfaction, an A+ rating with the BBB, and a wide range of products and services, Nationwide has established itself as a reliable and trustworthy option for investors looking to diversify their portfolios with precious metals.

Summary

Nationwide Coin and Bullion Reserve has emerged as a prominent player in the precious metals industry, offering a diverse range of products, competitive pricing, and exceptional customer service.

Their support for Precious Metals IRAs and focus on customer education make them an attractive option for both novice and experienced investors.

With an A+ rating from the BBB and a reputation for addressing customer concerns, Nationwide Coin and Bullion Reserve stands out as a legitimate and reputable choice for those looking to invest in precious metals.

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