Read This Before You Buy Their ?Cheap? Gold Coins
Investing in physical gold and silver can be a smart way to protect your money, but the wrong dealer can turn that decision into a very expensive mistake.
Nationwide Coin And Bullion Reserve looks attractive at first glance, especially with those low price gold offers you see in ads and on YouTube. The question is simple but serious:
Is Nationwide Coin And Bullion Reserve a legitimate precious metals company you can trust, or is it a dealer you should avoid?
In this updated Nationwide Coin And Bullion Reserve Review I will walk you through:
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What the company really is and how it works
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Their products, pricing, storage and buyback policies
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The serious red flags and complaint patterns you need to know
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How they compare to names like Augusta Precious Metals, Goldco, JM Bullion, Silver Gold Bull and Money Metals Exchange
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Whether I would personally use them for a gold IRA or large order
- Nationwide Coin And Bullion Reserve Review Quick Summary
- What Is Nationwide Coin And Bullion Reserve?
- Who Owns Nationwide Coin And Bullion Reserve?
- Nationwide Coin And Bullion Reserve Products
- Nationwide Coin And Bullion Reserve And Gold IRAs
- Pricing And Fees At Nationwide Coin And Bullion Reserve
- Product Purity And Authenticity
- How To Buy From Nationwide Coin And Bullion Reserve
- Storage Options
- Insurance And Shipping
- Company Affiliations
- Buyback Policy
- Nationwide Coin And Bullion Reserve Complaints And Red Flags
- Serious Complaint Examples
- Nationwide Coin And Bullion Reserve Reviews And Ratings
- Comparison, Nationwide Coin And Bullion Reserve Versus Other Precious Metal Dealers
- Pros And Cons Of Nationwide Coin And Bullion Reserve
- Is Nationwide Coin And Bullion Reserve A Scam?
- Who Is Nationwide Coin And Bullion Reserve Best For?
- Frequently Asked Questions About Nationwide Coin And Bullion Reserve
- Final Thoughts, Is Nationwide Coin And Bullion Reserve Worth It?
- Nationwide Coin And Bullion Reserve Review Quick Summary
- What Is Nationwide Coin And Bullion Reserve?
- Who Owns Nationwide Coin And Bullion Reserve?
- Nationwide Coin And Bullion Reserve Products
- Nationwide Coin And Bullion Reserve And Gold IRAs
- Pricing And Fees At Nationwide Coin And Bullion Reserve
- Product Purity And Authenticity
- How To Buy From Nationwide Coin And Bullion Reserve
- Storage Options
- Insurance And Shipping
- Company Affiliations
- Buyback Policy
- Nationwide Coin And Bullion Reserve Complaints And Red Flags
- Serious Complaint Examples
- Nationwide Coin And Bullion Reserve Reviews And Ratings
- Comparison, Nationwide Coin And Bullion Reserve Versus Other Precious Metal Dealers
- Pros And Cons Of Nationwide Coin And Bullion Reserve
- Is Nationwide Coin And Bullion Reserve A Scam?
- Who Is Nationwide Coin And Bullion Reserve Best For?
- Frequently Asked Questions About Nationwide Coin And Bullion Reserve
- Final Thoughts, Is Nationwide Coin And Bullion Reserve Worth It?
Nationwide Coin And Bullion Reserve Review Quick Summary

- Name: Nationwide Coin And Bullion Reserve
- Location: Houston, Texas
- Founded: 1998
- Owner / CEO: Lawrence Kuykendall
- Main Focus: Gold and silver coins and bullion, some pre 1933 numismatic coins
- IRA Services: Yes, through partner custodians, not a custodian themselves
- Storage: Home storage, third party secure storage, IRA approved depositories through partners
- Shipping: FedEx, fully insured, free shipping on many orders
- Buyback: Yes, but not guaranteed, and terms are in the fine print
- Better Business Bureau: Not accredited, mixed rating and complaints
- Trustpilot and other sites: Many good ratings but also some worrying stories
- My Rating: 3 out of 5
Bottom line in plain English
Nationwide Coin And Bullion Reserve is not a scam in the sense of being a fake company. They ship real coins, they have real clients, and they have been around for many years.
The big problem is trust and consistency.
There are enough complaint patterns, legal issues and customer stories around bait and switch tactics and aggressive sales that I would be very cautious using them for large retirement money, especially when there are safer and more transparent options like Augusta Precious Metals, Goldco, Silver Gold Bull and Money Metals Exchange available.
What Is Nationwide Coin And Bullion Reserve?
Nationwide Coin And Bullion Reserve is a precious metals dealer based in Texas. They sell:
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Gold coins and gold bars
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Silver coins and some silver bars
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Pre 1933 American gold coins and numismatic pieces
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Some IRA eligible gold and silver for a self directed gold IRA
They position themselves as one of the leading precious metals firms in the United States and they like to highlight:
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Membership in the Professional Numismatists Guild (PNG)
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Membership in the American Numismatic Association (ANA)
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An award for customer service in the precious metals industry
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A team of numismatics experts and consultants
On paper that sounds reassuring. The problem is that when I dug deeper and when I checked real customer stories, the image is not as clean as the marketing suggests.
Who Owns Nationwide Coin And Bullion Reserve?
The company website does not clearly show an ?About Us? section with real faces, biographies or a leadership page. That is already a small red flag for me.
From LinkedIn and legal documents, the current CEO appears to be Lawrence Kuykendall.
When I searched for more information about him, there was almost nothing of substance available. No detailed biography, no interviews, no clear track record you can verify.
For a company that wants you to send them tens of thousands of dollars in gold purchases, I do not like that at all. With more transparent companies like Augusta Precious Metals, Goldco, Patriot Gold Group, Oxford Gold Group and others, you can usually see exactly who runs the firm and what their background is.
Here, it feels like you are wiring money into a black box.
Nationwide Coin And Bullion Reserve Products
Nationwide Coin And Bullion Reserve keeps its product menu fairly simple. There are three main product categories:
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Gold coins and gold bars
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Silver coins
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Pre 1933 American gold coins
They also offer some starter packages and IRA eligible metals.
Gold Products
On the gold side, you will typically see:
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American Gold Eagle coins
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American Buffalo gold coins
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South African Krugerrand gold coins
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Canadian Gold Maple Leaf coins
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PAMP Suisse gold bars
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One ounce gold bars from various refiners
These are standard products you will also see in other reviews such as JM Bullion review, Bullion Exchanges review, Silver Gold Bull review, Money Metals Exchange review, so there is nothing strange here in terms of product types.
Silver Products
For silver, they list things like:
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American Silver Eagle coins
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Silver Buffalo rounds
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Canadian Silver Maple Leaf coins
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Mercury dimes
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Kennedy silver half dollars
Again, these are common silver coins and rounds in the physical bullion world.
Pre 1933 Gold
They also push pre 1933 United States gold coins such as:
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Indian Head Quarter Eagles
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Indian Head gold pieces
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Saint Gaudens Double Eagle coins
These are more numismatic and semi numismatic items. The problem with these coins is that pricing is much less transparent than with simple bullion. It gives the dealer more room to mark up the price above the gold melt value.
How Their Product Range Compares To Other Dealers
If you compare Nationwide Coin And Bullion Reserve to larger players like Augusta Precious Metals, Goldco, JM Bullion, Bullion Exchanges, Silver Gold Bull or Money Metals Exchange, their overall product range is actually narrower.
You will not see a huge variety of platinum, palladium, or rare world coins available online. A lot of things require you to call in and talk to a salesperson.
That in itself is not a crime, but it does make it much easier for high pressure sales tactics, especially with elderly investors who are not used to online comparison shopping.
Nationwide Coin And Bullion Reserve And Gold IRAs
Nationwide Coin And Bullion Reserve does offer help with setting up and funding a gold IRA or a broader precious metals IRA.
To be clear, they are not an IRA custodian. They do not hold your IRA in house. Instead they:
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Sell you IRA eligible gold and silver
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Connect you with partner IRA custodians and depositories
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Help you with the paperwork and coordination
Types Of Retirement Accounts They Mention
They say they work with:
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Simple IRA
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Self directed IRA
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Self directed 401k
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Traditional IRA and Roth IRA through partner custodians
This is pretty standard in the gold IRA world. You will see the same structure on sites where you read an Augusta Precious Metals review, a Goldco review.
How The IRA Process Works In Practice
When I looked at how they describe the process and when I matched that with customer stories, the basic flow looks like this:
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You call Nationwide Coin And Bullion Reserve
You do not open the IRA online. You call and speak to a representative. Sometimes this will be a calm person, sometimes you get a more aggressive closer.
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They connect you with an IRA custodian
They do not act as your custodian, so they will either connect you with an existing partner or work with your current self directed IRA custodian.
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You move money or do a rollover
You can either fund a new IRA with new contributions or roll funds from an existing IRA or 401k into a self directed gold IRA.
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They recommend metals for your IRA
This is where you must pay attention. You want simple, liquid bullion like standard Gold Eagle, Gold Buffalo or Gold Maple Leaf coins and bars, not overpriced numismatic coins or ?special? limited runs.
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Metals shipped to an IRA approved depository
They ship the metals directly to the depository, where they are stored in your name under the guidelines of the IRS.
This is the same basic flow you will see with more reputable gold IRA providers. The difference is the way it is handled and the type of metals they try to sell you for your retirement account.
Pricing And Fees At Nationwide Coin And Bullion Reserve
Nationwide bases its prices on the usual spot price plus premium model that every bullion dealer uses.
They also like to promote below retail deals on items like American Buffalo coins, which is one of the reasons many people get interested in them.
For example, in your own research you saw that on a specific day:
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One ounce American Buffalo at Nationwide Coin And Bullion Reserve was sold at a price around 2,100 dollars
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The same coin at JM Bullion was around 2,140 dollars
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At Goldco it was around 2,153 dollars
At first glance this makes Nationwide look like the cheap dealer that has ?wholesale? deals.
There are a few things to keep in mind.
Cheap Gold Is Not Always A Blessing
In general, there are two reasons why a dealer might be cheaper than everyone else:
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They run a short term promo to get new clients and then try to upsell them later
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The service, support and overall experience will be weaker
Or in a worst case:
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The ?cheap? item is the bait to draw you into a more expensive coin sale over the phone
Some of the complaint patterns against Nationwide Coin And Bullion Reserve fit this classic bait and switch structure. I will walk you through those later in this review.
So when you see lower prices for American Eagle or American Buffalo coins, do not stop your due diligence there. Look at:
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The total cost of the whole order
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The type of coin they want to send instead
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The long term buyback value if you ever want to sell
IRA Fees And Storage Costs
For IRA accounts, the fees are split between:
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The IRA custodian
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The storage depository
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The dealer margin on the coins
Nationwide Coin And Bullion Reserve itself does not clearly list a simple gold IRA fee schedule like many competitors do.
With Augusta Precious Metals, Goldco, Patriot Gold Group and others you can usually see:
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First year IRA setup cost
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Annual custodial fee
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Annual storage and insurance fee
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Minimum IRA size
With Nationwide Coin And Bullion Reserve you need to call in and ask.
For me, that lack of clarity is another strike against them compared to the best gold IRA companies in the market.
Product Purity And Authenticity
Nationwide Coin And Bullion Reserve states that their bullion products are certified by independent assayers and meet the current standards for purity.
Typical purities they advertise are:
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Gold: 99 point 9 percent or higher
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Silver: 99 point 9 percent or higher
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Platinum: 99 point 95 percent or higher
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Palladium: 99 point 95 percent or higher
As an example, they describe their Gold American Eagle coins as being composed of point 9999 pure American gold, with a very small amount of copper or silver added for durability.
This is standard in the industry and not unique to them. Any serious dealer, from Bullion Exchanges to JM Bullion to Money Metals Exchange, follows similar refinery and mint standards and uses similar wording.
On the purity side, I did not see major complaints that they are shipping fake gold or fake silver. The main problems are more around sales tactics, pricing and service, not the metal itself.
How To Buy From Nationwide Coin And Bullion Reserve
The actual buying process is designed to feel simple for the customer. On the surface it looks like this:
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Create an online account
You can sign up on their website with your name, email and a password. Once your account is created you can browse their catalog and add items to your cart.
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Choose your products
You pick from gold coins, silver coins, maybe some pre 1933 gold, and any starter packages that are on sale.
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Go through checkout
At checkout you enter your address, payment details and confirm your order. They accept:
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Credit cards like Visa, Mastercard, American Express and Discover
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Debit cards
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Wire transfers for larger orders
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Checks for smaller orders
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Order confirmation and shipping
After your payment clears they process the order and ship via FedEx. In theory, delivery happens within about ten business days. You should receive a tracking number and the shipment should be fully insured.
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Welcome extras
They also promote a free two year subscription to ?American Gold Journal? and ?Inside The Vault? as a welcome gift for new customers, which fits their education and newsletter positioning.
In real life, many customers go through a different path:
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They call a phone number from a postcard, TV ad, radio show or web ad
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They speak directly with a sales rep who ?locks in? a price and tries to build a relationship
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The online cart is secondary, the main deal is made over the phone
There is nothing wrong with phone orders, but when you mix that with elderly investors, very low teaser prices and aggressive closers, the risk of trouble goes up.
Storage Options
Nationwide Coin And Bullion Reserve offers three main storage setups:
Home Storage
They encourage some clients to store metals at home in safes or home vaults. This is possible for non IRA metals.
Pros:
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You physically hold your gold and silver
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You control access
Cons:
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Higher risk of theft or damage
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Not allowed for metals inside a gold IRA
Secure Off Site Storage
They also offer insured storage in a third party secure facility, with round the clock surveillance and insurance coverage.
This is suitable for:
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Larger non IRA holdings
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People who do not want responsibility for home storage risk
Fees include:
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Monthly storage charges
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Insurance fees
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Transaction fees for movements in and out of the vault
IRA Approved Storage
For IRA accounts, metals must be stored in an IRS approved facility.
Nationwide Coin And Bullion Reserve works with partner depositories through the IRA custodians. You cannot keep IRA metals in your home safe or in a personal safety box.
If you ever read a gold IRA promotion that suggests you can set up a self directed IRA and keep the coins in your living room, be careful. That structure can create serious tax risk, and more reputable firms, such as the ones you see in Augusta Precious Metals review, Goldco review, Patriot Gold Group review, do not push that idea.
Insurance And Shipping
For shipping, Nationwide Coin And Bullion Reserve uses FedEx bonded by Merchants Bonding.
They state that:
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All shipments are fully insured
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You are contacted by email or phone with shipment updates
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You receive a tracking code
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Large orders are shipped discreetly
On top of the carrier insurance, they also mention a separate insurance policy that covers shipments up to one million dollars for theft, loss or damage.
However, some complaints mention situations where:
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Boxes were left on a porch without a signature for delivery
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Customers felt the insured shipping process was not followed properly
So while the theory and the policy sound good, the reality depends a lot on the specific representative and how carefully they follow the rules.
Company Affiliations
On the positive side, Nationwide Coin And Bullion Reserve is affiliated with:
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The North American Collectibles Association
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Professional Coin Grading Service
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Numismatic Guaranty Company
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American Numismatic Association
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Merchants Bonding Company
These affiliations show that the company is plugged into the numismatic and collectibles world. That is a plus for coin collectors.
However, they do not replace a clean track record with customers, clear leadership information and transparent pricing.
A badge on the website is nice, but it will not help you if you end up in a bait and switch or a customer service nightmare.
Buyback Policy
Nationwide Coin And Bullion Reserve does have a buyback policy, but you will not see it clearly shouted on the homepage.
The buyback terms sit quietly in their Terms and Conditions.
In simple language:
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They are willing to buy back coins they previously sold to you
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They will pay you their current bid price at the time of repurchase
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They do not add a separate fee or commission to that transaction
That sounds reasonable, but there are three important details.
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You can easily receive less than you paid
If you bought coins with a very high premium above spot, or if you were switched into numismatic coins with a large markup, the buyback bid price can be much lower than your original purchase price.
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The law does not allow guaranteed buyback
By law, they cannot promise you that they will always buy back your coins. So the policy can change over time.
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You must initiate contact and negotiate
There is no simple online buyback portal. You need to call, speak with a representative and work through the process. If you are already upset with the company, this will not feel comfortable.
More transparent dealers like JM Bullion, Bullion Exchanges, Silver Gold Bull or Money Metals Exchange usually list their buyback approach more clearly and keep your options simple.
Nationwide Coin And Bullion Reserve Complaints And Red Flags
This is where things get serious and you need to slow down and absorb what is going on.
There are three big red flags that stand out when you look at Nationwide Coin And Bullion Reserve.
Red Flag 1, Lack Of Clear Owner Information
As I mentioned earlier, the company website does not openly show a leadership page with photographs and biographies.
You have to dig through LinkedIn and legal filings to find the name Lawrence Kuykendall as the CEO.
Then, you still do not see much background about him. For a company that markets itself heavily to seniors and retirees, that lack of transparency is not a good sign.
Red Flag 2, Legal Action Under Consumer Protection Laws
In November 2020 there was a legal case where:
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Nationwide Coin And Bullion Reserve
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The CEO Lawrence Kuykendall
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And four other associated individuals
Were accused of violating the Texas Deceptive Trade Practices Consumer Protection Act in connection with the sale of coins to an investor.
The case was remanded for further proceedings, which means there was enough smoke that the court did not just throw it out.
An isolated lawsuit does not automatically make a company evil, but when you combine this with complaint patterns and BBB alerts, you start to see a picture.
Red Flag 3, BBB Alert And Complaint Patterns
The Better Business Bureau is not perfect, but it does give you a window into patterns of complaints.
Nationwide Coin And Bullion Reserve:
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Is not accredited by the BBB even after many years of operation
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Has a mixed star rating
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Previously had a BBB alert about complaint patterns
The patrol of complaints that triggered this alert looked like this:
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A customer calls to buy a one ounce coin at a reasonable price
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The transaction is verbally confirmed
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Later, the company calls back and says the one ounce coin is out of stock
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They offer an ?even better? coin instead at a slightly higher price
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The new coin is only one quarter ounce, not one ounce
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This detail is not clearly explained so the customer ends up paying far too much per ounce
This is classic bait and switch behavior.
Nationwide Coin And Bullion Reserve responded by denying that they use such tactics and by explaining their sales process. They also set up a Compliance Department and say they now train their employees more carefully about policies and sales ethics.
That is good to hear, but once a company has a public pattern like this, it is hard to unsee it.
Serious Complaint Examples
To make this real, here are two complaint themes that stood out to me when I dug through customer stories.
Rude And Disrespectful Representatives
One customer in twenty twenty two described how:
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He noticed a price discrepancy between what he had been told on the phone and what the invoice showed
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When he called back to clarify, the representative basically accused him of lying and told him he just could not afford the order
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When he asked the representative to listen to the recorded call, the representative refused and said the customer had already wasted enough of his time
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He then had to escalate to a manager just to get a partial resolution
The story ended with the company resolving the issue, but only after the client went through a lot of stress and disrespect.
For a firm that deals with retirement money and elderly clients, that is not acceptable.
Selling To A Client With Dementia
Another complaint was filed by a woman on behalf of her husband.
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Her husband had been diagnosed with dementia
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He still managed to place a twenty five thousand dollar gold coin order with Nationwide Coin And Bullion Reserve
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She had already tried to block calls and explained the situation to them
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A representative continued to call and push ?great deals?
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The coins were then delivered and left on their porch without a signature, even though the package was supposed to be insured and signed for
To be fair, the company later said:
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The husband had called them of his own free will
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They put the couple on a do not call list
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They offered to buy the coins back at the full price
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They retrained the sales representative
So again, the situation was smoothed over.
But as an investor looking for a calm, ethical company to protect your wealth, you do not want to see this kind of incident popping up.
Nationwide Coin And Bullion Reserve Reviews And Ratings
Here is a quick summary of how Nationwide Coin And Bullion Reserve is doing on major review platforms, based on updated information through early twenty twenty four.
Better Business Bureau
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Not accredited
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Star rating around three point seven out of five
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Dozens of customer reviews
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History of BBB alert about complaint patterns
Compared to companies like Augusta Precious Metals, Goldco or Patriot Gold Group, which often show A plus ratings and strong accreditation, Nationwide Coin And Bullion Reserve looks weaker on this front.
Trustpilot
On Trustpilot they actually show:
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An ?excellent? style rating
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Around four point five stars out of five
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Hundreds of reviews
This is a green flag on the surface. Just remember that:
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Any company can encourage happy clients to leave reviews
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In some cases, companies have been known to push or even buy positive reviews
So take it as a positive sign, but not the only factor.
Business Consumer Alliance
On BCA they show:
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Grade AA
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Four stars out of five
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A small number of reviews
This is decent, but the review count is too low to rely on by itself.
Other Sources
There are also:
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Reddit threads discussing Nationwide Coin And Bullion Reserve
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YouTube videos where people walk through their experience ordering the cheap gold deals
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Mixed comments about long shipping times and communication
Overall, the picture is mixed:
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Some people are happy with the coins they received and the price they paid
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Others feel they were pressured, misled or disrespected
When you are choosing a firm to handle a gold IRA rollover or a five figure purchase, you want overwhelming positive feedback, not a coin flip.
Comparison, Nationwide Coin And Bullion Reserve Versus Other Precious Metal Dealers
Here is a simplified snapshot of how Nationwide Coin And Bullion Reserve stacks up against some names you probably already cover in your other posts and reviews.
Nationwide Coin And Bullion Reserve Versus JM Bullion
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Nationwide Coin And Bullion Reserve
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Narrower product selection
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Strong tele sales focus
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Mixed BBB record and some serious complaint patterns
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Aggressive marketing of below retail deals
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JM Bullion
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Very wide product catalog
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Transparent online pricing
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Clear buyback program
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Stronger reputation as a low cost online bullion dealer
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If you plan to interlink, this is a natural place to reference your JM Bullion review.
Nationwide Coin And Bullion Reserve Versus Augusta Precious Metals
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Nationwide Coin And Bullion Reserve
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No clear leadership bios on the website
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Mixed complaints and legal actions
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Less focus on pure education for retirees
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Augusta Precious Metals
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Very strong focus on education for retirement investors
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Transparent leadership and ownership
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Clean regulatory record and great consumer ratings
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Lifetime account support for gold IRA clients
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This section is a perfect spot for an internal link to your Augusta Precious Metals Review, Best Precious Metals Company 2025, or best gold IRA companies page.
Nationwide Coin And Bullion Reserve Versus Money Metals Exchange And Silver Gold Bull
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Nationwide Coin And Bullion Reserve
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Strong tele sales and postcard offers
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Less clarity on spreads and premiums
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Complaints about bait and switch
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Money Metals Exchange and Silver Gold Bull
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Lower key marketing
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Clear simple pricing for bullion
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More transparent online ordering processes
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You can drop phrases like Money Metals Exchange review and Silver Gold Bull review here for easy interlinking later.
Pros And Cons Of Nationwide Coin And Bullion Reserve
To keep this easy to scan, here is a clean pros and cons breakdown.
Pros
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Real company with a long time in the industry
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Offers both bullion and pre 1933 numismatic coins
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Sells government issued products like American Eagles and Maples
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Free shipping on many orders within the United States
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Products are fully insured during shipping
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Offers home storage, secure storage and IRA storage options
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Buyback policy exists for metals they sold to you
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Member of PNG and ANA and other numismatic organizations
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Active resource center with charts and educational material
Cons
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No BBB accreditation even after years in business
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History of BBB alerts about complaint patterns
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Serious complaints of bait and switch sales tactics
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Stories about rude and disrespectful representatives
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Legal suit under consumer protection laws
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Owner and leadership are not clearly presented on the website
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Limited product range compared to larger online dealers
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Only a few clear details on exact IRA fees and spreads
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Heavy use of phone sales and ?too good to be true? deals, which is not ideal for elderly investors
Is Nationwide Coin And Bullion Reserve A Scam?
Based on everything I have seen and the first hand type stories I have gone through, here is my honest verdict.
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Nationwide Coin And Bullion Reserve is not a pure scam in the sense of taking money and never sending coins. They ship real metals and they have loyal clients.
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They do however have enough smoke around them in the form of complaint patterns, legal actions and aggressive sales stories that I would not personally feel safe sending my retirement savings there.
When a company is accused of taking advantage of elderly clients, when it has to create a special compliance department to deal with bait and switch complaints, and when it prefers to stay vague about who really runs it, that is more risk than necessary.
In the precious metals world you have a lot of choice.
You can work with:
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A specialized retirement focused company like Augusta Precious Metals
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A bigger online dealer like JM Bullion, Bullion Exchanges, Money Metals Exchange or Silver Gold Bull
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A gold IRA focused group like Goldco, Patriot Gold Group, Oxford Gold Group
You do not need to settle for a middle of the road three star firm with this kind of history.
My personal stance is simple.
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For a small test order, if you are very experienced and you know how to price check coins, you might experiment with their ?cheap? deals.
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For large orders or a gold IRA rollover, I would rather choose a more transparent company with a cleaner reputation and a clearer gold IRA FAQ section.
Who Is Nationwide Coin And Bullion Reserve Best For?
If I had to define the ?ideal? client for this company from everything I have seen, I would say:
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Someone who is attracted to promotional pricing and does not mind talking on the phone
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Someone who wants a small non IRA order of government issued coins and is prepared to say no to upsells
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Someone who has done enough homework reading other pieces like your Goldco review, Patriot Gold Group review, Oxford Gold Group review, Bullion Exchanges review, and is just testing different dealers with small purchases
I would not say they are ideal for:
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A retiree doing a large gold IRA rollover who wants white glove, patient education and lifetime support
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A conservative investor who wants simple, transparent bullion pricing without sales drama
Frequently Asked Questions About Nationwide Coin And Bullion Reserve
Let me expand the FAQ in a way that is helpful for readers and gives you more room for interlinking.
Is Nationwide Coin And Bullion Reserve Legit?
Yes, Nationwide Coin And Bullion Reserve is a legitimate precious metals dealer in the sense that it is a real company, it ships real gold and silver, and it has been active for many years.
However, ?legit? does not always mean ?ideal?.
Because of the complaint patterns, the BBB history and the legal action under consumer protection laws, I personally put them in the ?high caution? category, especially for larger orders and retirement money.
If you prefer a company with a much cleaner record, you can look at your Augusta Precious Metals Review, Goldco review or Best Gold IRA Companies 2025 page.
Does Nationwide Coin And Bullion Reserve Offer Gold IRA Services?
Yes, they can help you purchase IRA eligible gold and silver and coordinate with a self directed IRA custodian to set up a gold IRA or a broader precious metals IRA.
They:
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Work with external custodians
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Ship metals to IRA approved depositories
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Help with paperwork and rollovers
They are not themselves the IRA custodian.
How Reliable Is Delivery From Nationwide Coin And Bullion Reserve?
Most customers do receive their coins, and shipments are supposed to be:
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Fully insured
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Shipped via FedEx
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Delivered within around ten business days
However, there have been complaints about:
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Delays in shipping
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Lack of clear communication during the process
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Packages left on porches without a signature even though they should be signed for
So while the overall system is adequate, you cannot say it is flawless.
Are The ?Too Good To Be True? Cheap Gold Offers Safe?
This is one of the biggest questions around Nationwide Coin And Bullion Reserve.
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Sometimes they really do offer one time promo prices that beat big dealers like JM Bullion or Goldco on a single item.
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You pay, you receive your one ounce American Buffalo or American Eagle, and you are happy.
The risk comes when:
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The original item is ?out of stock?
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They call you back to suggest an ?even better? coin
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The replacement coin is smaller in weight or less liquid
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The markup is much higher and you do not realize it
If you are going to bite on the cheap gold bait, you must:
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Write down the exact weight, year and type of coin you agreed to
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Double check the invoice
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Refuse any change that is not equal or better in pure ounce terms
If you are not comfortable playing that game, it is safer to pay a fair premium at a more straightforward dealer.
Does Nationwide Coin And Bullion Reserve Offer Good Customer Support?
This is where the company has a split personality.
On one side:
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They have a resource center
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They write educational material
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They answer phones and guide people through the buying process
On the other side:
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There are complaints about rude representatives
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Some customers say they felt talked down to or insulted
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Others mention feeling ignored when they complained or asked for help
So you might get a helpful, patient specialist, or you might get someone who is focused on closing a deal quickly.
With a company like Augusta Precious Metals, the whole brand is built on calm, patient education, especially for retirees. That is why many people prefer them for gold IRA work.
Final Thoughts, Is Nationwide Coin And Bullion Reserve Worth It?
If after reading all this you still want to test Nationwide Coin And Bullion Reserve, here is my balanced advice.
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For a small, experimental order, where you are curious about their cheap offer and you want to see how they behave, you can try them with money you are fully prepared to risk.
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For a serious investment, especially a gold IRA rollover or a five or six figure cash purchase, I would not put them at the top of my list.
There are simply too many cleaner, more transparent and more respectful options in the precious metals space.
Use this review alongside your Augusta Precious Metals review, Goldco review, Bullion Exchanges review, Patriot Gold Group review, Oxford Gold Group review, JM Bullion review, Silver Gold Bull review and Money Metals Exchange review to give readers a full picture.
You are doing the right thing by digging deep, asking hard questions and not letting shiny ads make decisions for your future.
Please allow me a moment to comment on this company. The timing of all of this is quite remarkable. I was interested in buying a 1oz. gold coin as a graduation gift for my niece ( I have no kids..lol)…Knowing the market as a former trader I didn't want to overpay to a dealer, I knew if I researched and shopped around, I could find one within reason to spot price which was trading in a range of $1,775-1,790. Most gold coins were priced over 1900, which I thought was ridiculous. I even saw some on Ebay, I"m bidding, get outbid, I drop out, as I said, I'm in no hurry to overpay. That very afternoon my weekly circulars arrive with the mail and the back page ad catches my eye, an advertisement for Gold American Eagles at spot price $1725. They also offered a free 1 MS70 1oz. Silver Eagles as a gift. I was really really skeptical but I said I'd go along to see what happened. I called and spoke to the agent Matthew, a super nice guy and after giving him the ad's key code, processed my order. I knew what the spot price was and he gave me a quote which was even better, I was only allowed one, and he tried to up-sell me on other products, which was fair, and graciously accepted my decline. I was still nervous which led me to this site but I have to say the coins arrived a few days ago and I received a beautiful 2021- 1oz gold coin. It's realllly nice. The coins were very well packaged and in plastic display boxes.. I had tracking numbers for when it was shipped. The silver American Eagle is indeed MS70 and signed by designer Dale Everhart. I could not be more satisfied !! They are the real deal & I did get a great, fair deal. Please not not hesitate to do business with this company. I was only allowed to buy the one coin at spot, but that's all I wanted to really buy. The timing was crazy, as they say it was meant to be and I thank Nationwide coins. From start to finish, they were all awesome to deal with.
Really appreciate you sharing your experience, James.
I got scammed for $1107.00 i was convinced by Jeffery Harrison to buy a 1/2 ounce 2020 $10 Dollar coin. Don Everhart MS70 with a Authentic Hand Signed. He said that it was a low mintage of 500 and should go up in value in a short time? I made this purchase on 8/24/2020 I saw the same coin for sale on E-Bay for $888.00, on 5/07/2021. DO NOT TRUST THIS COMPANY
What a shame, Dennis. Sorry for your loss. Hopefully your feedback helps others avoid the same situation. Really appreciate you sharing your experience. Buyer beware.