If you are an experienced investor, there is a good chance that you already have quite a few gold and silver coins in your portfolio. This is because investing in precious metals is a business that has been around for quite some time and continues to thrive today. However, if you want to invest in these metals, you need to learn a significant amount about them first. This is because the market for these metals is extremely volatile, and any good investor should know how to be successful in such a market.
You should educate yourself on the various businesses that are in the business of distributing precious metals, and in this piece, you will learn about one of the companies that is considered to be the most well-known in the American gold market. In this review of U.S. Money Reserve, we are going to walk you through the fundamentals of this platform and show you how you can get the most out of using it. Continue reading to learn further information regarding this topic.
Why do I advocate for this particular business above all others?
- A+ Rating from the BBB
- The Inc. 500 is protected by retirement savings totaling over one billion dollars.
- Winner – 5 TIMES
- No pressure sales force.
- Receive an education at no cost and with no purchase commitments required.
US Money Reserve is a company that markets itself as one of the nation’s largest distributors of US Silver, Platinum, and Gold coins, in addition to providing customers with a variety of other options for purchasing precious metals.
According to the company’s website, it was established by seasoned professionals in the gold market who wanted to combine superior customer service with their expert market knowledge and trustworthy guidance. These three qualities, according to the founders of the company, are essential when searching for precious metals to purchase.
In particular, they are proud of the fact that their leader, Philip N. Diehl, was formerly the Director of the United States Mint. Because of his position as president of the company, he has access to experiences that are not available to other sellers. The purchase of precious metals comes highly recommended for both experienced investors and those just starting out in the investment world.
On their website, they state that precious metals have a history of being safeguarded during periods of economic downturn, but especially in the past decade, gold, silver, and platinum have shown that they can outperform many other types of asset investments. A self-directed individual retirement account (IRA) that invests in gold is offered by the company known as U.S. Money Reserve.
Philip N. Diehl, currently the president of the company, formerly served as a director of the United States Mint. This company provides a buyback guarantee to its customers as well as coin refunds within the first thirty days after a purchase has been made.
In addition to this, they take measures to ensure that the packages they send out with the purchases are insured and require a signature upon delivery. Anyone who expresses interest can receive a free informational kit regarding the purchase of gold from the United States Money Reserve.
Company Info & Background
Gold and other precious metals are offered for sale by the U.S. Money Reserve. Those who are interested in diversifying their investment portfolios can take advantage of the precious metal IRAs that this company offers. U.S. Money Reserve transfers funds from pre-existing individual retirement accounts (IRAs) and 401(k) plans into precious metal IRAs. Additionally, the company provides free advice on how to invest in gold on its website.
The company known as U.S. Money Reserve is one that deals in the sale of gold as well as the provision of self-directed gold IRAs. The company offers a buyback guarantee and will provide a refund for coin orders submitted up to thirty days after the initial purchase. It offers shipping that is both insured and requires a signature upon delivery of any items you buy from them. In addition, those who are interested can get their hands on a free informational kit about buying gold, and the current president of the company used to work for the United States Mint.
The US Money Reserve is the most significant distributor of precious metals in the United States. It provides a range of products, including gold coins, gold IRAs, platinum-certified coins, and other precious metal IRAs, among other products.
It was established by gold specialists who had the goal of delivering the highest quality of service and information to any investor, despite the level of experience that person may possess. By operating in this manner, the company has successfully established a sizable community of investors who have patiently amassed a fortune through the use of their gold IRA account.
The personalized attention that clients receive from U.S. Money Reserve, as well as the customer relations department, are the firm’s strongest suit, as these features enable customers to have the most positive experience possible when investing. In addition to this, it features a vast knowledge bank where investors can study more about these investments and learn how to develop better strategies for themselves.
Gold from the United States Money Reserve
The IRA options provided by U.S. Money Reserve include gold, silver, and platinum. The organization has the ability to either establish a brand new gold IRA or transfer funds from an existing IRA. Customers who already have an investment in an IRA, 401(k), or 403(b) plan have the option of rolling over all or part of their holdings into a gold or other precious metal IRA.
Once you have established an account with U.S. Money Reserve, you will have access to a wide selection of gold coins and bars that you can put money into your IRA with. When you are ready, U.S. Money Reserve will transport the precious metals to a depository that is approved by the IRS for the purpose of secure storage.
Gold prices from the United States Money Reserve
On its website, U.S. Money Reserve sells a number of different gold products for customers to choose from. You can find pricing information for many products online, but in order to get the most up-to-date price for certain items, you will need to call the company. As of the time of publication, here are some estimates:
- Coins: $247 to $2,097
- Certified coins: $199 to $1,965
- Bullion: $244 to $2,056
- Bars: $1,970 to $60,286
The business also deals in silver products, which customers can buy to put into their individual retirement accounts (IRAs) or keep in their homes. It is possible that you will need to call the company in order to obtain the most recent pricing information; however, the following prices are accurate as of the time of publication:
- Coins: $36 to $17,443
- Certified coins: $57 to $495
- Bars: $2,967
How does the United States Money Reserve operate?
Over one hundred gold specialists, research professionals, numismatic experts, and other types of trained professionals are included in the expansive team of trained professionals that US Money Reserve employs. The majority of investors opt to use this platform because they are assured of receiving the highest possible value for their gold coins and gold IRAs if they choose to place their trust in this group.
In addition to this, it asserts that it will provide you with the highest profits available, although this is something that you need to verify for yourself. Despite this, the company has demonstrated that it is able to keep its value as constant as possible, even during times of economic downturn. In spite of this, the market for precious metals has established a reputation over the years as being one of the most lucrative markets.
If you choose to make use of this platform, you will be contacted by an account executive as well as a financial advisor who are qualified to provide you with reliable direction all the way through the process of making a purchase. In addition, each coin is manufactured by the United States Mint, as stated on the website, and this fact has been verified by a number of customer reviews. As a result, establishing their value with any gold coin specialist should not present you with any difficulties.
When it comes to the management of your retirement funds, you also have the option of establishing your very own self-directed individual retirement account (IRA). Because of this, you won’t have to rely solely on the dollar to ensure the safety of your investments; instead, you can diversify your portfolio. It is also a simple method for avoiding tax expenses and combating inflationary pressures.
Talk to the account executive for your individual retirement account (IRA) when you first get started so that they can help you assess your choices and choose the ones that will be most profitable for you in the long run. They are able to not only guide you through the process of investing but also provide you with advice and help you navigate any potential risks that may arise. However, once your account is settled, you can start picking out the coins you want to invest in and transferring them to an IRS depository to keep them safe. However, you should be aware that some storage fees may be required in some cases.
The price of the predetermined minimum purchase will also be established based on the type of account that you choose to open. You will be required to make a purchase of at least $25,000 if you have a rollover or a transfer in your account. On the other hand, if you have a brand new account, the metals that you want to buy will only cost you $6,000.
They recommend that you use their trained team of over one hundred professionals if you are interested in investing in precious metals. This team includes Senior Gold Specialists, Numismatic Experts, Vault and Shipping Departments, Coin Research Professionals, Compliance and Standards Department, and more.
It is said that this group of experts has a track record of being able to select gold coins, as well as coins made of all types of precious metals, that will provide you with the highest possible value, in addition to having the highest probability of resulting in profits.
You will also have the chance to collaborate with a devoted account executive who will assist you with your purchase and guide you through the process.
In addition to this, they assert that they sell “bullion coins,” which are “certified gold, silver, and platinum coins produced by the United States Mint and fully backed by the United States government for weight, content, and purity.”
Working with U.S. Money Reserve comes with a number of distinct advantages, one of which is the opportunity to establish a self-directed individual retirement account (IRA). Because of this, you will be able to diversify your retirement funds in a secure and versatile manner by including in your asset mix a “hard” asset that isn’t tied too closely to the dollar.
A Self-Directed Individual Retirement Account (IRA) for Precious Metals can provide investors with not only unique tax savings but also a hedge against inflation and a devaluing dollar.
To get started, you have the option of transferring funds from an existing account, rolling over funds from an existing account, or opening an entirely new account. You have the option of speaking with one of their IRA Account Executives or speaking with your own financial advisor in order to determine which scenarios are more advantageous for you in terms of getting money into or out of the account as well as any potential tax liabilities.
U.S. Money Reserve will get in touch with you once your Self-Directed Precious Metals IRA account has been established and funded. They will then help you choose and purchase the precious metals you desire, as well as arrange for their secure delivery to an IRS-approved depository for storage.
According to the information provided on their website, the following requirements apply to rollovers and inventory transfers: a minimum precious metals purchase of $25,000 is required; for new accounts, the requirement is a precious metals purchase of $6,000 on select inventory.
The Management Team of the United States Money Reserve
Philip N. Diehl, an American businessman and a former director of the United States Mint, is currently serving as the CEO of this company. These days, he works as a gold and silver analyst, and he’s committed himself to providing superior customer service and extensive industry expertise to all of the investors who use his platform.
His objective is to convince people of the significance of precious metals, both in terms of their immediate lives and the legacy they leave behind. Because of this goal, millions of people have been able to increase their wealth, retire more comfortably, and secure their financial futures through successful investment.
Products of the United States Money Reserve
The United States Money Reserve offers investors a diverse range of opportunities to put their money into precious metals like gold, silver, and platinum. Because of this, it presents an outstanding opportunity for you to establish a savings account for your retirement.
Furthermore, if you buy gold coins or bars, you can use those assets to fund your individual retirement account (IRA), and then you can ship those assets to a depository that is approved by the IRS. In addition, you have the option of purchasing several commemorative coins, which, in comparison to standard coins, are significantly more expensive.
Cost and Price Plans
At the time that this article was written, the annual fee for maintaining a gold IRA account was $250. However, U.S. Money Reserve waives the initial setup and storage fees on qualifying accounts for the first year.
The value of individual Gold and Silver coins is determined by market forces rather than intrinsic qualities of the metals. The following items are currently for sale:
- The price of one ounce of gold in the American Eagle coin is $2,059.76
- The 1 oz Silver American Eagle Coin can be purchased for $38.85
Prices of Precious Metals in the United States Money Reserve
It is important to keep in mind that the prices on the markets for gold, silver, and platinum are fairly volatile, which may cause these values to change in a hurry. However, in order to open an account for a precious metal IRA with the United States Money Reserve, one must pay annual fees that typically range from $250 to $300.
In addition, the price of individual coins is going to be linked to the price of the corresponding metals they are made of. As a result, the price of one troy ounce of gold is typically close to $2,000, while the price of one troy ounce of silver is typically close to $39.
Assistance to Customers
The US Money Reserve is known for providing excellent customer service, and one of the company’s most lauded features is its 30-day buyback guarantee, which allows customers to return their purchases at any point during the first month after making them. The business is going to issue a refund for the complete cost of the coin; however, this refund will not include any additional fees that may have been necessary to obtain the coin.
If, however, more than thirty days have passed since you made your investment, you will still be able to get it back, but it will be refunded to you at the value that the asset holds at the moment. Despite this, you can still get it refunded at the price it was originally sold for, but there will be a 20% processing fee deducted from your refund.
In addition, one of the best aspects of the US Money Reserve is that it offers shipping services. These services ensure that your coins are kept in complete safety until they are delivered to the depository within five to seven business days. Remember that you can get in touch with the company’s customer service department at any time by calling the numbers listed on the official website of the company.
US Money Reserve provides customers with a Buy Back Guarantee, which states that if they are dissatisfied with their order, they will accept the return of any certified coin(s), along with their original sealed containers, and issue a full refund within thirty days of the purchase date. This does not include any additional fees for shipping, handling, or insurance.
Coins that are returned more than 30 days after the date of purchase are eligible for a refund at either their current market value or their original purchase price, less a restocking fee equal to 20% of the coin’s original price.
U.S. Money Reserve offers expedited shipping that is not only quick and safe but also fully insured and will typically reach you within five to seven business days. If you have any questions or concerns and need to get in touch with a representative from US Money Reserve, you can do so by sending an email to gold@usmoneyreserve.com or by calling one of the various phone numbers that we discovered on their website.
Main Phone Number: 1-888-850-7315 Customer Relations Department Phone Number: 1-855-560-5118 Customer Service Phone Number: 1-8555-832-9570 IRA Consultation Phone Number: 1-8555-889-5111
You can contact them at the following address: U.S. Money Reserve, P.O. Box 170339 Austin, Texas 78717
Feedback, Comments, and Concerns Regarding the U.S. Money Reserve
The legitimacy of the United States Money Reserve has been validated by a number of organizations located all over the world. This company has been recognized as one of the most dependable in the world, thanks in large part to the numerous customer ratings and certifications it has received, including those from the Business Consumer Alliance.
However, there have been a few problems, such as customers not receiving their coins as expected. This company has quite a tumultuous history, as it has been the subject of multiple lawsuits on the grounds that it overpriced its coins and engaged in “deceptive practices.”
On their website, the company brags about their many awards and certifications, such as their prestigious AAA rating from the Business Consumer Alliance and their A+ rating from the Better Business Bureau, where they also have a 4.36/5 customer rating.
Having said that, there are a few complaints that can be found online from customers who claim they have not received their coins or who believe they have been overcharged.
Most notably, a lawsuit was brought against U.S. Money Reserve, alleging that the company targeted senior citizens by artificially inflating the value of their commemorative coins. In 2010, the company was also given a citation for engaging in deceptive business practises by the Attorney General of Texas.
Is There Any Truth Behind U.S. Money Reserve?
The United States Money Reserve is entirely legitimate, that much is clear. However, because there is no such thing as a perfect investment company, you need to be very careful and act in a very cautious manner to avoid losing any of your money. Don’t forget, for a limited time only, the company that I recommend above all other gold companies will give you up to $10,000 worth of free silver.
IRAs in gold, silver, and platinum are all available from U.S. Money Reserve. They will be able to assist you in opening a new gold IRA account as well as transferring funds from your existing IRA account. U.S. Money Reserve gives you the option to transfer either a portion of or your entire investment into a gold or other precious metal IRA if you already have an IRA account as well as a 401(k) or 403(k) plan. This is the case if you already have an IRA account. After you have established your Individual Retirement Account (IRA) and contributed money to it, the company will store the products you’ve bought in a safe location that is sanctioned by the Internal Revenue Service (IRS).
Is it safe to use U.S. Money Reserve?
If you are looking to diversify your portfolio through the purchase of precious metals or the establishment of a gold IRA or another type of precious metal IRA, U.S. Money Reserve may be a good option for you to consider. The annual fee of $250 is typically waived for the first year, which is a nice benefit to take advantage of. When investing in precious metals, as with any other type of investment, it is essential to remember the importance of diversification as well as the fact that such investments are inherently risky.
The annual fee for the gold IRA account offered by U.S. Money Reserve is $250; however, the company will waive at least $2500 worth of setup and storage fees during your first year of making investments. The gold and silver coin prices offered by the company are subject to change based on the most recent rates offered by the market.
Bottom Line
After reading this review of U.S. Money Reserve, you should have a better understanding of the world of precious metal investments. You should also be ready to establish your own individual retirement account (IRA) and protect your money with the asset with the widest spread in the world. Do not be reluctant to look through the rest of our page if you are interested in learning more about topics similar to this one.
According to their website, US Money Reserve claims to have worked with thousands of clients who have benefited financially from owning precious metals. They put in a lot of effort to personalize their advice to you based on your personal financial goals and objectives, as well as your existing portfolio.
However, because many of their sales, including all sales of bullion, are final, you will want to make sure that you not only take their advice into consideration when working with this company, but also consider whether or not you should seek consultation from an outside source.
You will not be able to get a refund if you change your mind or have any other kind of complaint about the purchase. Prior to making a purchase of coins, you should also conduct additional research to verify the prices of the precious metals you intend to acquire.
Let’s find out the answer to this question as the last part of this review of the United States Money Reserve. There is no fraud involved with U.S. Money Reserve. It is a legitimate precious metals company that is managed by seasoned professionals in the field.
Additionally, it provides high-quality goods and services to its customers. Although it has received positive ratings and reviews, these have only been compiled from the BBB and the BCA websites. In addition to that, a disturbingly high number of complaints had been filed against the company in BBB.
Check out the following if you are interested in learning which precious metals company comes highly recommended by yours truly. I can’t thank you enough for taking the time to read my review of U.S. Money Reserve! In the event that you have any feedback or inquiries, please don’t hesitate to post them in the comments section.
If you have used US Money Reserve or any of their services in the past, please leave a review of your experience in the space provided below.