If you purchased coins from Nationwide Coin & Bullion Reserve, Inc. and have questions about the price, sales representations, or resale options, begin by gathering the documents for each purchase. A careful review can help distinguish a change in market value from a concern about the original transaction.
Stevens Law Firm can evaluate the available records and discuss potential legal options. The questions below address individual purchases and do not assume that a particular transaction involved misconduct.
Identify the promises made during the sale
What were you told about the coins’ present value, scarcity, or ability to be resold? Did the salesperson promise a particular return, a fixed buyback price, or protection against loss? Was a statement about government issuance presented as a guarantee of investment performance? Preserve the exact language and the context in which it was used.
Keep the original advertisement and compare it with the products ultimately purchased. If the recommendation changed during a call, record what explanation was given and why you agreed to the change. A different product recommendation is not, by itself, evidence of wrongdoing.
Examine signature series products individually
If your purchase involved products described as the Don Everhart Signature Series or another signature series, record the complete description on the invoice and holder. Identify the coin, grade, certification number, and any signature or label designation.
A signature designation may matter to collectors, but its effect on price requires market evidence. Distinguish the coin’s certified grade from its metal value and from any premium attributed to a signature label. Ask an independent appraiser to explain whether comparable sales support that premium for the particular item.
Compare values at the relevant time
If the concern is overpayment, an appraisal should address market value at the time of purchase. A later offer to buy the collection may reflect changes in metal prices, collector demand, or the difference between retail and dealer purchase prices.
For multiple purchases, review the items and dates separately. The appraisal should identify its sources and explain the basis of comparison. A percentage difference is meaningful only when the underlying values and calculation are clear.
Read any proposed buyback or release
Before accepting a refund, buyback, or settlement, obtain the terms in writing. Determine which coins are covered, when payment is due, and what fees or deductions apply. Examine whether the document releases claims concerning other purchases or other parties.
An attorney can assess the particular agreement and any applicable deadlines. Do not assume that every purchase or proposed resolution uses the same terms.
Prepare for a case evaluation
Gather invoices, payment records, advertisements, correspondence, agreements, and appraisals. Photograph the coins and their holders before transferring them. Keep a dated timeline of purchases, significant sales statements, and attempts to obtain a return or resale.
For a review of your Nationwide Coin & Bullion Reserve transaction, contact Stevens Law Firm at (409) 880-9714.
General information only. Legal rights depend on the facts and applicable law. Contacting Stevens Law Firm does not by itself establish an attorney-client relationship.