Is Universal Coin and Bullion A Scam? (Updated 2022)

March 10, 2022

Is Universal Coin and Bullion a scam

Hello! Welcome to my "Is Universal Coin and Bullion A Scam?" review!

(UPDATED MARCH 2022)

In this post, we will be looking at Universal Coin & Bullion to find out what they're all about. Is Universal Coin & Bullion a scam? Or is it legit? What does it offer?

Let's take a look and see, shall we?

Universal Coin and Bullion Review Quick Summary

Company name: Universal Coin & Bullion

Website: universalcoin.com

President: Mike Fuljenz

Services: Buying and selling of gold and silver

Rating: 3/5

Is Universal Coin and Bullion A Scam logo

Fair Warning:

Buying gold is a big decision. Make sure that you buy from a reputable company.

Do thorough research before saying yes to anybody. Look for reviews, complaints and ratings before you give your money to any company.

What is Universal Coin & Bullion?

Universal Coin & Bullion deals gold and silver. It has been in business since 1995. Its office is located in 7410 Phelan Blvd, Beaumont, TX 77706.

Universal Coin & Bullion – How Does It Work?

is universal coin and bullion a scam

You can buy from and sell to Universal Coin & Bullion. They deal gold and silver. If you need help setting up an IRA, they can help you too.

FAQs about Universal Coin & Bullion

What are the products offered by Universal Coin & Bullion?

Universal Coin & Bullion offers both gold and silver in coins and bars.

Does Universal Coin & Bullion offer Gold IRA?

Universal Coin & Bullion partners with other companies to offer Gold IRA to its customers. So, no, they do not offer IRA directly to their clients. However, they can help you get set up with a partner custodian.

Does Universal Coin & Bullion deliver your gold and silver order?

Yes, they deliver orders to clients’ addresses.

What is Universal Coin & Bullion’s shipping fee?

Universal Coin & Bullion offers free shipping for orders above $99. Orders any less than that will be charged a $6 shipping fee.

How long does Universal Coin & Bullion shipping take?

Shipping time depends on the payment method. Credit card and bank wire orders usually ship in no more than 3 days after receipt of payment.

Personal check orders can take 10 to 15 days. Cashier’s check and money orders can take 5 to 10 days.

Note that we are talking about business days here.

How does Universal Coin & Bullion ship their orders?

Universal Coin & Bullion uses U.S. Postal Service, UPS and Federal Express. A signature may be required to confirm delivery.

Do Universal Coin & Bullion orders have insurance?

Yes, Universal Coin & Bullion claims that the shipments are all insured for damage or loss during travel.

Does Universal Coin & Bullion offer investment storage?

No. Universal Coin & Bullion does not offer storage. Since the company do not offer IRA directly, they will only offer you storage options from their partners. All fees related to this will be dependent on the custodian.

Can you sell back to Universal Coin & Bullion?

Yes. The company confirms this on their website. However, prices aren’t disclosed. You could probably reach them by phone to ask for clarification.

Can anybody buy from Universal Coin & Bullion?

Universal Coin & Bullion only operates in the United States.

Is Universal Coin & Bullion A Scam?

The answer is NO. They are not a scam. They are legit with a physical address and a CEO.

They have operated since 1995, so it is safe to say that they are a stable company. However, are they perfect for you? That is the real question.

Please see reviews and complaints filed against it to know whether you should transact with them or not.

Universal Coin & Bullion Reviews, Ratings and Complaints

Is Universal Coin and Bullion a Scam Trustpilot Rating.
Is Universal Coin and Bullion a scam BBB rating
Is Universal Coin and Bullion a scam BBB complaint
Is Universal Coin and Bullion a scam BBB review

How Is Universal Coin & Bullion’s Support?

A company’s ability to assist its clients even at times when the client isn’t happy says so much about the company’s outlook. This is why customers and future customers should always look at what past clients say about a brand’s customer service.

As for Universal Coin & Bullion, it’s hard to give their customer support a big thumbs up especially since there are complainants saying they did not get a call back when they needed them.

Also, Universal Coin & Bullion doesn’t have a live chat feature on their website. This means that you can’t quickly get a response when you contact them with something.

They do, however, have an email address you can contact along with a phone number.

Pros and Cons

Pros:

  • Has been in business since 1995
  • Has a wide array of gold and silver coins and bars

Cons:

  • Has received complaints
  • No direct IRA service
  • No live chat feature
  • Not a lot of reviews

Final Verdict on Universal Coin & Bullion: NOT A SCAM

Rating: 3 stars out of 5

Universal Coin & Bullion is a stable company with happy clients. The reason they are only getting 3 stars from us is because of the complaints.

There is also not a lot of reviews and ratings online to make up for the complaints.

No company is perfect but it would make clients be at peace about transacting with them if there isn’t any complaints about them and if there is a lot of reviews to base their decisions from.

Thank you so much for reading my "Is Universal Coin and Bullion A Scam?" review! If you have any questions or comments, please feel free to leave them below in the comments section!

Check out my other reviews here!

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 Questions? Call 855-444-7022


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