Despite the fact that Nationwide Coin and Bullion Reserve may seem like a decent option for people who would like to invest in precious metals, there are quite a few reasons why you should rather consider other options instead of doing business with them. Let’s take a closer look at the warning signs:
Questionable Reputation
Despite having been in business since 2009, Nationwide Coin and Bullion Reserve has a disturbing number of negative reviews and complaints from unhappy customers. Many former customers report feeling misled about pricing, having to deal with dishonest sales tactics, and being unhappy about the quality of the products they received.
Lack of Transparency
When it comes to pricing details, the firm’s website definitely lacks transparency. While they claim to offer competitive prices, their website doesn’t mention any prices. The only fee mentioned is a $25 shipping and insurance charge.
Mixed Customer Satisfaction
Nationwide Coin and Bullion Reserve also has a less than impressive rating on Trustpilot. Of the 785 reviews, 86 are below 4 stars. This mixed bag of customer ratings is a red flag for potential investors.
Better Options Available
While Nationwide may not be an outright scam, the many less-than-happy customers and the lack of transparency on its website are quite worrying. Investors would probably be better off to rather explore alternative precious metals dealers with better reputations and more transparent practices. After all, protecting your hard-earned money should always be an investor’s top priority.
If you believe that you have been the victim of coin fraud, you are welcome to visit our website at www.coinfraud.com. Or call us right now on 409-880-9714 to speak to one of our coin fraud lawyers.
