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Find a Location

U.S. Money Reserve Inc. has 2 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.
    • U.S. Money Reserve Inc.

      PO Box 170339 Austin, TX 78717-0021

      BBB Accredited Business
    • U.S. Money Reserve Inc.

      6860 Phelan Blvd Ste 101 Beaumont, TX 77706-5970

    Business ProfileforU.S. Money Reserve Inc.

    Coin Dealers
    HeadquartersMulti Location Business
    BBB accredited business
    The Complaints and Reviews shown on this HQ profile may have been submitted against either the HQ itself or one of the corporate-owned locations found under "Find Locations".

    At-a-glance

    Customer Reviews

    3.94/5stars

    Average of 63 Customer Reviews

    Customer Complaints

    19 complaints closed in last 3 years

    4 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 4/21/2020

    Years in Business: 22

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Business Details

    This is a multi-location business.

    Find a Location

    U.S. Money Reserve Inc. has 2 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      • U.S. Money Reserve Inc.

        PO Box 170339 Austin, TX 78717-0021

        BBB Accredited Business
      • U.S. Money Reserve Inc.

        6860 Phelan Blvd Ste 101 Beaumont, TX 77706-5970

      Headquarters
      PO Box 170339, Austin, TX 78717-0021
      BBB File Opened:
      12/14/2001
      Years in Business:
      22
      Business Started:
      9/21/2001
      Business Started Locally:
      9/21/2001
      Business Incorporated:
      8/24/2001
      Accredited Since:
      4/21/2020
      Type of Entity:
      Corporation
      Alternate Business Name
      • United States Money Reserve
      • United States Money & Bullion Reserve
      • United States Gold & Silver Reserve
      • Legendary Precious Metals
      • United States Rare Coin & Bullion Reserve
      • USMR
      • Legendary Precious Metals, presented by U.S. Money Reserve
      • U.S. Rare Coin & Bullion Reserve
      • United States Money and Reserve
      Business Management
      • Mr. Philip Diehl, President
      • Ms. Francine Breckenridge, Chief Compliance Officer
      • Ms. Angela Roberts, CEO
      Contact Information

      Principal

      • Mr. Philip Diehl, President

      Customer Contact

      • Ms. Francine Breckenridge, Chief Compliance Officer
      Additional Contact Information

      Phone Numbers

      Website Addresses

      Customer Complaints

      19 Customer Complaints

      Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

      File a Complaint

      Most Recent Customer Complaint

      06/26/2024

      Complaint Type:
      Service or Repair Issues
      Status:
      Answered
      I made a purchase of $100,000.00 of gold from this company. When it arrived, I felt it wasnt a large enough amount so I took it to PMR and had it valued. They told me it was worth $31,000.00 and that this company tends to mark the prices up around 600%. They also said I needed to be very diligent and get my money back. They also said it would be difficult and so I am requesting your help.
      Read More

      Customer Reviews

      63 Customer Reviews

      What do you think? Share your review.

      How BBB Processes Complaints and Reviews

      Start a Review

      Most Recent Customer Review

      b. b.

      1 star

      06/18/2024

      I invested a significant amount in ***************************** w/U.S. Money Reserve. My order arrived w/out any receipt or record of inventory, so I was unable to compare the value of each coin with their competition. After they sent the requested receipt, I was appalled to discover that their prices were several times that of other companies on the internet, and I initiated a buyback. When confronted, ***** attempted to convince me of the very "special" attributes of their coins. Although Sales on the front end had originally assured me that their policy was to send containers, postage and insurance prepaid if/when I wanted to return my order, Returns on the back end told me I'd need to manage all that myself. And although ***** told me that I could make a return anytime, Returns told me I had just two days left before it was too late to return my order, hurrying me to accept a loss of several thousand dollars worth of gold, which they claimed was "missing" in my return package. My lawyer contacted their lawyer, and immediately, they "found" the "missing" gold. More than suspicious, these issues and contradictions convinced me that U.S.Money Reserve richly profits at the expense of its customers and are to be avoided at all costs. Their promotional material is impressive and professional; their **************** is friendly and available; their dishonest policies are criminal.

      U.S. Money Reserve Inc. Response

      06/19/2024

      USMR believes this was filed by mistake. The individual in this review was told she would be made whole by USMR . In fact, USMR mailed her a check and that check was cashed on June 4, 2024. She was also reimbursed for her  shipping costs.
      It is our understanding that she has been completely taken care of so USMR  is not sure why this review was ever posted. 

      Customer Response

      07/02/2024

      The above review was not filed by mistake. The "Comment from the Business" chooses to ignore my reasons for reviewing them, which are: 1) their exorbitant prices compared to their competition; 2) their ridiculous justification for the valuation of their "special" coins;3) their self-contradiction within the company regarding buyback timeframe and return shipping policies 4) their lying about $8000 worth of gold missing in my return package, and attempting to short me that much in refund 5) their suddenly "finding" the missing gold after my lawyer contacted their lawyer.6) these dishonest policies, which should put all precious metal investors on alert, steering them away from U.S, Money Reserve.

      Customer Response

      07/11/2024

      The above review was not filed by mistake. The "Comment from the Business" chooses to ignore my reasons for reviewing them, which are: 1) their exorbitant prices compared to their competition; 2) their ridiculous justification for the valuation of their "special" coins; 3) their self-contradiction within the company regarding buyback timeframe and return shipping policies 4) their lying about $8000 worth of gold missing in my return package, and attempting to short me that much in refund 5) their suddenly "finding" the missing gold after my lawyer contacted their lawyer. 6) these dishonest policies, which should put all precious metal investors on alert, steering them away from U.S, Money Reserve.

      Local BBB

      BBB serving the Heart of Texas

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