Disclaimer: Some or all of the companies reported here may provide compensation to us, at no cost to our readers. This is how we keep our reporting free for readers. Compensation and detailed analysis are what determines how companies appear below.
In these unpredictable times that we live in, a lot more people are now starting to understand the importance, security, and value of owning silver, gold, and other types of precious metals.
For hundreds of years, people from across the globe have chosen the option of investing in precious metals in the form of a hedge against any economic instability.
While currency values fluctuate wildly down and up, precious metals maintain and even increase in value. However, it is still important to find a trustworthy and reliable company to buy high-quality precious metals.
One of these companies goes by the name of Nationwide Coin and Bullion Reserve.
Before we get started, investing your savings is a serious task. When it comes to adding precious metals to your portfolio, how do you know which companies to trust?
That is why we have researched every company in the industry and selected the very few with the highest customer service standards.
This way you can easily compare the best companies in the business, and choose one that fits your needs and investment goals.
Read the list to see if Nationwide Coin and Bullion Reserve passed our strict customer service standards to become one of our top recommendations.
Get a FREE Gold Information Kit from our #1 recommendation, by clicking the button below:
Protect Your Savings - Tax and Penalty Free!
About Nationwide Coin And Bullion Reserve
Nationwide Coin and Bullion Reserve were founded in 2009. This Houston, Texas-based organization sells precious metals and gold online to customers in North America and across Europe.
As deflation, inflation, geopolitical turmoil, and instability in the stock markets continue to weaken the US dollar, this is one of the companies that strongly recommend owning gold-backed IRAs and gold to add to your existing retirement portfolio.
As one of the leaders of precious metal companies, Nationwide Coin and Bullion Reserve also deals with coins that are issued by the U.S. government and other foreign countries. This company has over 100 years of combined experience in the precious metal sector.
The account executives are all qualified to assist clients to identify extremely profitable opportunities when it comes to buying platinum, silver, and gold.
They also help to position their clients to receive the best industry-leading returns when it comes to their investment portfolios. This company happily works with both beginner and experienced investors.
Diverse Catalogue of Products
Nationwide Coin and Bullion Reserve offer a varied product catalog.
This catalog contains rare pre-1933 American bullion and coins, modern rare American bullion and coin products, bullion and coin products from other countries, IRA rollovers, and silver and gold start-up packages.
Nationwide Coin and Bullion Reserve, also known as NCBR, is one of the best sources of domestic and foreign coins and bullion made of platinum, silver, gold, and IRAs, ideal for building diversified portfolios.
The firm offers a range of excellent long-term investment opportunities.
Experts In Precious Metals
Many people turn to NCBR to create their investment portfolios due to the experienced and knowledgeable precious metal professionals that work there.
These people include trend analysts, numismatic experts, economists, rarities, and precious metals consultants. The team simplifies and clarifies the process involved in investing in bullion and coins (made from precious metals).
While they can't guarantee that each one of your investments is going to generate industry-leading returns, they will offer the option of buying back coins, bullions, and any other precious metal products that they sell.
The Nationwide Guarantee
The company also offers The Nationwide Guarantee which is their promise to provide their customers with only the best precious-metal products and top-rated services.
It is also a commitment of accountability to each customer for both their satisfaction and their order. Their expert advice and knowledge and their win-win acquisition methods have helped countless customers to enjoy substantial financial gains within the ever-expanding precious metal investment industry.
Financial threats and instability across the globe continue to rise and have resulted in savvy investors needing to diversify the financial portfolios that they are holding now more than ever.
Nationwide guarantees that they can assist their clients when it comes to finding silver coins, gold bullion, and any other type of profitable commodity to invest in.
What Is A Precious Metals IRA?
Precious metal IRAs are individual retirement accounts that allow people to make investments in physical precious metals. They also go by the name of Gold IRAs, but palladium, platinum, and silver can also go into these accounts.
The IRAs are also available in two types: Roth and traditional. Both come with tax advantages but each one is structured differently:
Traditional Precious Metals IRA
Contributions to traditional IRAs might be tax-deductible. Money in an account will grow tax-deferred, while withdrawals made in retirement will be taxed as regular income.
With very few exceptions, any assets that are withdrawn before the person turns 59 and a half will be subjected to a 10% tax penalty. At the age of 72, account holders are required to start taking the minimum distributions, which are known as RMDs.
Roth Precious Metals IRA
There are no immediate tax deductions with the Roth IRAs. These accounts will be funded with "after-tax" dollars, but this money grows tax-free, which means the person can withdraw the funds tax-free once they are in retirement.
There won't be any required minimum distributions with the Roth accounts. However, there might be 10% tax penalties on any early withdrawal of the gains before the person turns 59 and a half.
Since all the contributions are already taxed, they are allowed to be withdrawn without penalty at any time.
In the year 2022, workers under the age of 50 are allowed to contribute a maximum of $6,000 to an IRA, while people of 50 years or older are allowed to contribute a maximum of $7,000.
The IRS has rules in place which includes income limits that set out who is allowed to contribute to these accounts.
Since the IRS considers precious metals and gold as "alternative" investments, they are only allowed in self-directed IRAs.
As you will soon find out below, there are requirements when it comes to the precious metal types you are allowed to buy in retirement funds as well as where you are allowed to store them.
Benefits of Owning Silver and Gold
The Nationwide Coin and Bullion Reserve precious metal experts spend enough time with each client so that they can help them to benefit from and understand the benefits of owning silver and gold bullion and coins.
These vital commodities increase and hold their inherent value worldwide, while other currencies such as paper money lose value due to growing deflation, inflation, changing governments, as well as unpredictability when it comes to the economic future.
Precious metals which are intrinsically valuable and limited resources are not prone to currency volatility.
It also makes precious metals a certain and safe commodity for savvy investors to invest in.
At NCBR they offer $5 Gold American Eagle coins of 1/10 (of an ounce of gold) that are minted in the U.S. Mint. They also offer Indian Head $2.5 Quarter Eagles, and 1-ounce gold bars along with products made from silver, along with other types of precious metals.
In addition to the range of gold products and gold coins that NCBR offers, the catalog on offer also contains an outstanding collection of highly valuable items that are made from precious metals.
These all make for valuable items that add valuable additions to any person's retirement or investment portfolio. The full catalog can be found on their website.
Order Delivery Time and Shipping Costs
Nationwide Coin and Bullion Reserve provide free shipping to all its customers for any product that they buy from the website of the company regardless of the quantity, value, and size of orders.
Once a customer has matched the required criteria involved for placing orders, the firm has a specialized team that handles both the shipping and fulfillment of the product or products.
The shipping times will vary according to where the product will be delivered and whether it is the holiday season. However, once an order is confirmed and then processed, customers usually receive their ordered products within 7 to 10 business days.
Insurance, Shipping Notification, and Product Purity
The Gold American Eagle coins that are sold by NCBR contain .9999 pure American gold and 3.11 grams with 24 karats.
These coins also contain 28 grams of silver and copper. Silver is used to enhance the luster of the coin, while copper adds durability to the coins since Gold is one of the soft metals.
FedEx ensures every product that is shipped for Nationwide Coin and Bullion Reserve. And every package is also bonded by Merchants Bonding.
Nationwide email or call each customer to tell them when their order is shipped and give the customer a tracking code that allows them to follow their packages from the NCBR facility, directly to their door.
How Does the Buying Process Work?
Anyone interested in purchasing precious metal bullion and coins can visit nationwidecoins.com so that they can go over the entire catalog. From here you choose any items you would like to order.
Once the order is approved and the payment has been received, the bullion, coins, or any other types of precious metal products are shipped directly to you through FedEx.
You will receive a notification as soon as the order has been shipped and a tracking number that allows you to monitor where it is until it arrives at your door. This can provide peace of mind and assurance where your order is at any time.
The company also offers a "Welcome Kit" which gives buyers a 2-year subscription to the "American Gold Journal" and the "Inside the Vault" for free.
The pricing for items in this catalog can change daily. It's influenced by the precious metal market value and the "market demand" for numismatic rare coin sets.
Numismatic sets tend to be an investment that is riskier when compared to precious metals since they only hold worth when they are in "high demand".
If you want to find out about the "day's prices", you should first contact the company to make sure. One of the representatives will talk to you about your interests in different precious metals and your investment opportunities.
Pros & Cons
Are they a Scam?
No, Nationwide Coin and Bullion Reserve is not a scam.
When looking at some of the reviews provided by past customers or the reviews from an organization like the Business Consumer Alliance and the Better Business Bureau, this is among the better ways to decide if there are red flags about this company.
We have discovered that people that have already worked with this business can give you more insight into what you can expect on how the company will treat you and the products you are likely to receive.
Reviews for NCBR seem to appear in many different places. Reviews seem to be above average when it comes to Google and Trustpilot, with an average rating of 4.2 or 4.6 out of 5. However, NCBR has a D+ rating with the BBB, which is a very poor rating.
The BBB website also has an "alert" posted about this company. This alert mentions a pattern when it comes to complaints that are filed by past customers of NCBR. Many of these customers have mentioned that the firm uses bait-and-switch tactics.
Some past customers state that the tactics caused them to receive coins that were not the same value when compared with what they paid.
The Nationwide Coin and Bullion Reserve is not a scam, they just have more complaints than we like to see.
Nationwide Coin and Bullion Reserve may appear to be the perfect company to work with when visiting their website.
But if you take the time to do your research and look over the complaints and reviews about the company, you might have a few reservations.
Nationwide Coin and Bullion Reserve is a decent company, they are not a scam, but they are not the best for cash purchases of gold and silver and certainly not the best option for investors interested in protecting their wealth with a gold IRA.
Remember to read our list of the Top Gold Companies to see if Nationwide Coin and Bullion Reserve made the cut.
Or, if you like what you read about Nationwide Coin and Bullion Reserve, you can visit their website below.