- 02 Apr 2023
- Bonds
- Precious Metals
- Comments: 0
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U.S. Money Reserve, also known as the United States Rare Coin & Bullion Reserve, was established in 2001 and is based in Austin, Texas. The company distributes government-issued precious metals, including gold, silver, platinum and palladium. Clients can expect top-tier customer service and personalized recommendations tailored to their unique investment goals.
U.S. Money Reserve also provides diverse educational resources such as videos, price charts, special reports, FAQs, executive insights, a free information kit, press releases and additional materials, to further enhance their clients' knowledge and understanding of precious metal investments.
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Company Management
U.S. Money Reserve is a leading distributor of government-issued precious metals in the United States. President Philip N. Diehl is at the helm, bringing a wealth of experience and expertise to the company. Diehl is a former Director of the United States Mint and has played a vital role in the company's success.
Under Diehl's leadership, U.S. Money Reserve has gained a reputation as a trusted distributor of precious metals, providing investors with various products and services. The company caters to novice and experienced investors, providing educational resources and guidance on investing in precious metals.
Diehl's unique insights into the precious metals industry have allowed U.S. Money Reserve to stay ahead of the curve, providing relevant recommendations for investing in precious metals. During times of economic uncertainty, precious metals are known to retain their value, making them an attractive investment option for investors.
Precious metals have demonstrated their potential to outperform other investments in the last ten years. With Diehl's expertise, U.S. Money Reserve continues to provide investors with access to high-quality precious metals products and expert guidance on investing in this dynamic asset class.
U.S. Money Reserve remains committed to providing customers various options when investing in precious metals. Its customer-centric approach, combined with Diehl's expertise, has helped the company become a leader in the industry.
Whether you're a beginner or an experienced investor, U.S. Money Reserve can help you navigate the precious metals market and make informed investment decisions.
About U.S. Money Reserve and How It Works
U.S. Money Reserve is a well-known and respected organization that provides a thorough method for investing in valuable metals. With a workforce of over a hundred specialists with extensive knowledge and proficiency in multiple domains such as coin analysis, numismatics, gold, regulation, criteria and delivery, the firm has established itself as a reliable source of precious metal investments.
U.S. Money Reserve has a team of professionals who provide personalized support to investors in making well-informed decisions while selecting gold, platinum and silver coins or bullion to maximize their investment value.
They offer certified coins backed by the U.S. government and guaranteed to be pure, accurate in content and weight, ensuring the investors receive the maximum value for their investments.
U.S. Money Reserve offers a unique benefit to investors by allowing them to invest in precious metals using a self-directed IRA. This choice provides a secure and adaptable approach to diversifying retirement funds, safeguarding them from the changes in the value of the U.S. dollar and inflation.
Self-directed IRAs with precious metals offer exceptional tax advantages and protect against the U.S. dollar's depreciation.
U.S. Money Reserve provides investors various options to establish a self-directed precious metal IRA such as a rollover, transfer or a new account. A minimum purchase of $25,000 is required for rollovers and transfers, whereas new accounts require a minimum purchase of $6,000.
Depending on the individual situation of the investors, the company's financial advisors or account executives can guide them in determining the most suitable choice.
Upon completing the self-directed IRA account setup and funding, U.S. Money Reserve guides its clients in selecting and buying the preferred precious metals to add to their IRA account. The company offers precious metals such as gold, silver, platinum, palladium coins and bullion.
Additionally, U.S. Money Reserve takes care of the secure transportation of these metals to an approved depository, as per the regulations of the Internal Revenue Service, to guarantee the safety of the investors' assets.
Customer Service
U.S. Money Reserve prioritizes its customers by providing them with an outstanding level of customer service. To ensure customer satisfaction, the company offers a buyback guarantee, which promises to prioritize customer satisfaction.
This guarantee allows customers to return certified coins in their original, sealed containers and get a complete refund within 30 days if unsatisfied with their order. The refund will not cover shipping, handling or insurance fees.
If a customer decides to return their purchase after a month, they will receive a refund based on either the original purchase price or the present market value. However, the refund will be calculated based on the lower value between the two. Furthermore, the customer will also have to bear a restocking fee of 20%.
The company places significant emphasis on the speed and security of its shipping process. They take full responsibility for ensuring all packages and ensuring they are delivered within 5 to 7 business days.
U.S. Money Reserve provides multiple options for customers to contact their customer service team for support. Customers can contact the team via email using the email address displayed on the company's website and expect a swift response from a representative.
Additionally, the company offers phone numbers on its website that customers can use to contact their customer service team for help with any queries or issues. The company's representatives possess extensive knowledge and are committed to aiding customers in making informed decisions about their investments.
How Are the Prices and Fees at U.S. Money Reserve?
U.S. Money Reserve provides its clients competitive pricing for gold and silver coins based on the current market value of precious metals. As market prices can fluctuate, the pricing of coins is subject to change.
However, U.S. Money Reserve aims to offer the best possible pricing for its customers and they can get updated quotes for the coins they want to purchase by contacting the company's customer service.
For gold IRA accounts, U.S. Money Reserve charges an annual maintenance fee of $250. The fee covers the cost of storage, insurance and other administrative expenses related to maintaining the account.
However, the company has waived setup and storage fees for the first year for certain qualifying accounts, providing additional savings to customers.
U.S. Money Reserve is committed to transparency in its pricing and fees. Customers can contact the company's customer service team to get a breakdown of the costs associated with their investments and accounts. The company's representatives can answer questions and guide clients as they make investment decisions.
Legal Issues with U.S. Money Reserve
Investing in precious metals can be profitable, but it's crucial to conduct thorough research and be aware of potential risks. U.S. Money Reserve has faced legal issues regarding its sales tactics.
One such case was a lawsuit alleging the company overvalued its commemorative coins and targeted elderly individuals in advertising. This lawsuit resulted in negative publicity for the company and raised concerns about the legitimacy of its sales practices.
The Texas Attorney General cited U.S. Money Reserve in 2010 for deceptive marketing practices. The complaint alleged that the company made false and misleading statements about the value and liquidity of precious metal investments. As part of the settlement, the company agreed to pay $5 million to the state of Texas and to change its marketing practices.
The company also committed to providing greater disclosure to customers about the risks and limitations of investing in precious metals. Although U.S. Money Reserve did not admit wrongdoing as part of the settlement, the case underscored the importance of caution when investing in precious metals.
Before investing in any company, being aware of any potential issues or red flags is essential. It's advisable to research, seek out reputable dealers and consult with a financial advisor before making significant investment decisions.
It's also vital to be aware of the possibility of fraud or deceptive practices. Investors can make sound investment decisions and protect themselves against potential losses by staying informed and cautious.
Online Reviews
U.S. Money Reserve has made significant efforts to establish a positive reputation in the market by showcasing various certifications and accolades on its website. These certifications display the company's credibility and trustworthiness and demonstrate its commitment to providing the best possible service to its customers.
For instance, the Business Consumer Alliance has granted the company a AAA rating and its Better Business Bureau (BBB) rating is A+ with a customer rating of 4.4 out of 5. These ratings testify to the company's commitment to delivering high-quality products and exceptional customer service.
Despite these accolades, some online complaints about the U.S. Money Reserve exist. A few buyers have reported issues such as overpaying for coins or not receiving the coins they ordered, resulting in unsatisfactory experiences with the company.
It's important to note that these complaints are infrequent and do not necessarily reflect the company's overall performance. However, potential customers should consider conducting thorough research before investing in precious metals to ensure that they make informed decisions.
How Do You Choose the Right Precious Metals Dealer?
Choosing the right precious metals dealer is crucial for investors who want to purchase precious metals as a way to diversify their investment portfolio.
There are several factors to consider when choosing a precious metals dealer to ensure that you work with a reputable and trustworthy company.
Why Precious Metals IRA Is a Worthwhile Investment for Retirement
Considering precious metals can be a worthwhile investment not only for their ability to preserve wealth over generations but also for their ability to hedge against financial risks.
With all these benefits, investing in precious metals IRA is well worth taking advantage of.
Bottom Line
US Money Reserve asserts that they possess a considerable clientele who rely on their proficiency in investing valuable metals. They assert that they offer customized recommendations to their customers to correspond with their monetary aspirations and portfolio.
Nevertheless, it is crucial to remember that clients should not exclusively depend on U.S. Money Reserve's guidance but also seek advice from independent experts.
It is noteworthy that U.S. Money Reserve's transactions are final, with no return option. Therefore, it is prudent to research the precious metal's market value, compare prices and ensure that the investment matches your investment objectives before purchasing any precious metal.
Though U.S. Money Reserve is an authentic company, it is vital to explore other investment choices to make the most beneficial choice for your financial future. Our website provides extensive information on varying precious metals companies and we suggest exploring them to arrive at an informed decision.
If you are looking to invest, don't forget to checkout our highest recommended companies!
>> Click Here To See Our Top 5 Recommended Precious Metals Investment Companies <<
Currently our #1 recommendation is offering up to $10,000 in free silver!
