Universal Coin & Bullion
Reviews and Complaints

I first spoke to Matt Anders of Universal COiN & BULLion in October of 2014 when I responded to an add they had in "The Rifleman" (An NRA Magazine) I am a Benifactor with THE NRA and am now speaking out about pulling support of The NRA due to Unscrupulous advertisers such as Universal COiN & BULLion. I have had many dealings with UCB from 2014 through 2020. There was a problem with Matt lying to me that I realized in 2017. Ended up having to ask to speak to his boss (Mike Fuljenz) which I thought would straighten Matt out. Thought we were back on track for a while only to find that they will not return my calls or answer my e-mails for the past several months now. I went to another coin dealer to get prices on the few coins I was trying to sell only to find that they are worth about 1/3 of what I paid for them. I told the dealer that gold was under $1,200.- an ounce when I purchased these coins and asked how they could go down while Gold prices have risen. He showed me a chart on two of the coins and I was shocked to see that Matt had to have charged between 250 & 300% mark up at the time I purchased them. Based on this information I have been overcharged from 2014 to 2020 by aprroximately $400,000.- If they had called me back when I called I may never have realized how much of a rip off they really are. This is a Texas sized scam of a company. Mike Fuljenz & Matt Anders should either refund to me their excessive charges or buy my coins back. At this point only Mike can call me as Matt and his brother-in-law Adam have just lied way too much to me. If not, I have put together all the lies told to me by UCB and will be sending them over the world wide web under the heading Universal COiN & BULLion, A Texas sized scam. I am also sure that I am far from the only one ripped off by UCB so after one week if I have not heard directly from Mike Fuljenz a Class Action Suit will be pursued separate from Matt's pending legal problems.

I was rolling over an IRA with UCB, when I decided to buy some silver eagles from them . I asked my rep. what would they buy with that amount of money, mistake . I was put on with Justin and given about a15- 20 minute, yes 15-20 minute sales pitch on a 1908- D $5 Gold Indian MS-63 for 2639.00 . I got online and saw this coin at 1975.00 and 2095.00 . I said no 3 or 4 times before being transfered back to the original agent . I did buy the silver eagles as they were competively priced, but stopped the transfer of the IRA . Don't be pressed into a rapid decision .

These people sold my 75+ yr old father-in-law over $40, 000 in coins that are not worth close to what they charged him.
They talked him into putting the charges on his credit cards. He then had to take out a mortgage on his home in order to
pay off the cards. They charged him $4, 002 for a 1911 $10 Indian Gold with a rating of MS64. That was in April of 2007 when the price of gold was much less then today. The fair market value on that coin today is around $2, 600.