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- "A+" rating from the BBB
- Member of numerous numismatic associations
- Industry leader since the 1960s
- Many items are listed as out of stock
- Slower delivery times than some competitors
About the Management
Not much information is given about the management staff of Houston Numismatic Exchange (HNE) on their website. However, the Better Business Bureau has the company President listed as Mr. Jay Johnson – the son of the founder of the business, Pat Johnson. The company was founded in 1965 by the Johnson family and has since become one of Houston's leading coin and bullion dealers.
Houston Numismatic Exchange Ratings and Complaints
The following are ratings and reviews for Houston Numismatic Exchange from the internet's most trusted business directories:
- BBB Rating: A+ (Details)
- BBB Complaints: 0 complaints in the last 3 years (Details)
- BCA Rating: B (Details)
- BCA Complaints: 0 complaints in the last 3 years (Details)
- CitySearch: No Ratings (Details)
- RipOff Report: Not Listed
- SiteJabber: Not Rated (Details)
- Trustlink: Not Listed
- Yellow Pages: Not Rated (Details)
- Yelp: (3 / 5) based on 16 reviews (Details)
While the company has managed to maintain a highest-possible A+ rating and zero-complaint record with the BBB, there appear to be numerous negative and mixed reviews on Google+ and Yelp, indicating that some customers have been dissatisfied with the company's customer service. Still, HNE's longstanding local reputation as a leading precious metals dealer in Houston makes them worthy of a spot on our list of the top 70 Gold IRA companies.
Houston Numismatic Exchange Prices and Products
HNE sells gold, silver, platinum, and palladium bars and coins from around the world. There's no mention of precious metals IRAs on HNEX.com, and the company does not appear to help its client set up or stock IRAs. Thus, if you were to purchase precious metals from HNE with the intent of depositing them into an IRA you would first need to discuss this with the IRA custodian of your choice.
Houston Numismatic Exchange Contact Details
- Address: 2486 Times Blvd., Houston, TX 77005
- Phone: (713) 528-2135
- Fax: (713) 528-7618
- Email: firstname.lastname@example.org
- Website: www.hnex.com/
Comparing All Options Before Investing
Investing in gold within an IRA can protect your retirement savings from devaluation due to inflation, while also providing the opportunity to increase the value of your savings in the event that the price and demand for gold increases. Thus, advisors recommend allocating approximately 5% – 20% of your portfolio to precious metals investments.
While that may not seem like a large portion of your retirement savings, it could wind up being the most important investment in your portfolio if another global financial crisis and recession occurs. For this reason, it is imperative to be highly selective when choosing a Gold IRA company to trust. We recommend choosing a bullion provider that is directly partnered with an IRA custodian to help you purchase and deposit gold into your IRA in one streamlined process.
We've created a company comparison chart that examines the ratings, reputation, and pricing of the top 70 Gold IRA companies, so that is an ideal place to start your research.
Contact Us if You Own or Represent Houston Numismatic Exchange
If you're an owner, associate, or representative of HNE and you've noticed any mistakes, false claims or outdated information in this review, feel free to contact us with revision and/or removal request. In line with the goal of giving our readers the most accurate company reviews possible, we will honor any honest, fact-based requests.
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Houston Numismatic Exchange Review Summary
Houston Numismatic Exchange (HNE) is a Houston-based precious metals dealer that is one of the largest sellers of gold and silver in the State of Texas. The company specializes in buying and selling bullion, rare coins, ancients coins, coin jewelry, and fine jewelry. HNE is an authorized member of the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC).