Universal Coin & Bullion Review

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Last Updated on: 23rd September 2024, 09:49 pm

Universal Coin & Bullion
Universal Coin & Bullion - bySarah Bauder, April 1, 2011
3/ 5stars
on
Universal Coin & Bullion
Review Summary :

Founded in 1991, Universal Coin & Bullion is a rare coin and precious metals dealer. The company also specializes in helping clients open Precious Metals IRAs. The company does not offer any platinum or palladium products. Universal Coin & Bullion is not forthcoming about which IRA custodian provides custodial services. The company does not appear to offer vault storage options. Universal Coin & Bullion has numerous educational resources to keep customers informed about gold and silver investment.

Pros:

  • In-house IRA specialists and account setup personnel on staff
  • Terrific 5-star ratings on Facebook
  • Reasonable fees and markups on bullion and coins
  • Transparent founder and management

Cons:

  • Limited selection of platinum-group metals
  • Shipping can be slow and delayed
  • Rare items commonly out of stock
Quick Facts about Universal Coin & Bullion
Year Founded:1991
Company Headquarters:Beaumont, Texas
Annual Fees:N/A
Supports 401(k)?:No
Supports Roth IRA?:No
Crypto Offered?:No
Assets Offered:Gold and Silver
Offers Other Assets?:No
Custodian:N/A
Current Promotion:N/A
Supports Home Storage?:Yes, for collectible products
International Storage?:N/A
Segregated Storage?:N/A
Preferred Storage Location:N/A
Preferred Storage Vault:N/A
Reviewed By:Sarah Bauder
Have you purchased products from Universal Coin & Bullion? Leave a review!
I will certainly return to Universal
I purchased gold coins for my IRA through Universal Coin & Bullion. The representative I dealt with was very knowledgeable about the transaction process and necessary paperwork. My purchase was delivered to the IRA depository in a timely fashion. I will certainly return to Universal when I purchase more coins for my precious metals IRA
July 30, 2018, 3:38 am
Soooo slow
Soooo slow at processing your order its ridiculous. I put an order in at the same time as an associate at a different web site, that person got a better price and the order was shipped a lot sooner. This is my second order from universal coin and it will be my last.
December 5, 2017, 8:12 pm

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Company Info and Background

Universal Coin & Bullion (www.universalcoin.com) is a precious metals dealer founded in 1991, and is located in Beaumont, Texas. The primary focus is rare U.S. coins for collectors. Additionally, there is also a selection of some popular IRA-eligible coins for retirement savers.

The company also focuses on educating its customers about gold and silver coin investment. The website has a section dedicated to “News & Articles”. In addition, there is also an “Education” section which offers a number of articles covering a myriad of topics on gold and silver investment.

Universal Coin and Bullion Management Team

Founder – Michael Fuljenz

Universal Coin & Bullion was founded by Michael Fuljenz, a renowned coin, and precious metals expert. Fuljenz has over 40 years of experience in the industry, receiving numerous national and regional awards for his consumer education and protection work in rare coins and precious metals. 

Universal Coin and Bullion Storage and Custodians

Universal Coin & Bullion offers a “Free IRA Diversification Kit” to customers. However, the website is not transparent as to whether there is a partnered IRA custodian. 

Likewise, the company does not appear to have a preferred vault storage partner, unlike many other precious metals dealers.

Universal Coin and Bullion Products

Universal Coin & Bullion provides gold and silver bullion, some of which are eligible to be held in a Precious Metals IRA. Although the company heavily promotes gold and silver American Eagle coins, there are other available options. Other options within the catalog of products include the Australian Gold Kangaroo, the Gold American Buffalo, the American Silver Eagle, and bars of various weights.

View more Universal Coin & Bullion products here.

Universal Coin and Bullion Precious Metals IRA Info

CompanyUniversal Coin & Bullion
Annual CostN/A
Scaled or Flat Fees? N/A
Partnered Custodian N/A
Partnered Storage VaultN/A
Metals Available Gold and Silver
Years in Business30 years (1991)

Universal Coin and Bullion Reviews, Ratings, and Complaints

Below we offer a diverse selection of reviews, ratings, and complaints pertaining to Universal Coin & Bullion from trusted consumer reporting and rating agencies sites. Simply click on the links provided to study the reviews in greater detail.

Universal Coin and Bullion Contact Information

  • Phone: (800) 459-2646
  • Address: 7410 Phelan Blvd, Beaumont, TX 77706-5749

Review All IRA Options Before Investing

It is essential to carefully consider the different precious metals companies available, prior to making any purchases as part of your IRA investment strategy. In addition to its overall reputation, be mindful of a company’s bullion prices, policies, practices, and most importantly, storage fees for precious metals.

Universal Coin & Bullion
Universal Coin & Bullion - bySarah Bauder, April 1, 2011
3/ 5stars
on
Universal Coin & Bullion
Review Summary :

Founded in 1991, Universal Coin & Bullion is a rare coin and precious metals dealer. The company also specializes in helping clients open Precious Metals IRAs. The company does not offer any platinum or palladium products. Universal Coin & Bullion is not forthcoming about which IRA custodian provides custodial services. The company does not appear to offer vault storage options. Universal Coin & Bullion has numerous educational resources to keep customers informed about gold and silver investment.

Have you purchased products from Universal Coin & Bullion? Leave a review!
I will certainly return to Universal
I purchased gold coins for my IRA through Universal Coin & Bullion. The representative I dealt with was very knowledgeable about the transaction process and necessary paperwork. My purchase was delivered to the IRA depository in a timely fashion. I will certainly return to Universal when I purchase more coins for my precious metals IRA
July 30, 2018, 3:38 am
Soooo slow
Soooo slow at processing your order its ridiculous. I put an order in at the same time as an associate at a different web site, that person got a better price and the order was shipped a lot sooner. This is my second order from universal coin and it will be my last.
December 5, 2017, 8:12 pm

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Field is Required

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Leave a rating:

Sarah Bauder
Sarah Bauder

Sarah Bauder has a decade of experience at numerous publications, writing about finance, politics, economy and more.

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FTC Disclosure: We are an independent blog that aims at providing useful information for retirement account owners interested in alternative assets like precious metals. However, our content does NOT constitute financial advice. Please speak to your financial advisor before making any investment decision. Also, the data quoted on this website represents past performance and does not guarantee future results.

 

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