California Numismatic Investments Reviews – Worth Your Money? (Updated 2023)

California Numismatic Investments (
California Numismatic Investments
Not Recommended
California Numismatic Investments aka is a bullion dealer based in Inglewood, California. The company has been in business for over 40 years. They have received an A+ rating from BBB and an AAA rating from BCA. The company provides investors with gold, silver, platinum, palladium and rhodium products. However, some of their IRA-products are listed as “Sold Out” and the company has received a few complaints for poor service.
Fees & Charges
Honesty & Transparency
Customer Service
Product Selection
Over 40 years of industry experience
Trusted custodian and storage
Offer platinum and palladium alongside gold and silver
Free newsletter and guides
Many products are listed “as Sold Out”
Mixed reviews
Expert Score

What is California Numismatic Investments aka

California Numismatic Investments aka is a precious metals dealer based in Inglewood, California. Their office is located at 525 W Manchester Blvd, Inglewood, CA 90301. Similarly, their contact number is +1 310-674-3330.

CNI has been in the industry for over 4 decades and is a leader in the bullion industry. Their product selection is vast and consists of gold, silver, platinum and palladium products. Not only that but they also have Rhodium bullion for you to invest in.

Apart from having a large collection of precious metals for investors, they have an impressive selection of free resources for new consumers. 

They have been featured on CNBC, PBS and CNN. Moreover, the company ranked on Inc 500 in 2005, a notable feat. Richard Schwary, CNI’s president,  writes their Gold Newsletter which is quite popular in the industry. 

California Numismatic Investments has reputed custodian and storage providers as partners. The following CNI Gold Dealer review will give you a detailed overview of what to expect from this company: 

People Behind California Numismatic Investments:

Currently, the president of California Numismatic Investments is Richard Schwary. He is a graduate of CSULB where he received a Bachelor of Science in 1973. 

Richard has been in the precious metals industry for over 40 years and helped write teh sales tax exception law regarding bullion and rare coin sales within California. 

Also, he is a price contributor to A Guide Book of United States Coins. Richard has been published in trade papers and is a member of The Numismatic Literary Guild. 

Certainly, the leadership of is highly reputed and experienced. 

How to Invest with California Numismatic Investments:

Setting up a gold IRA with CNI/ is easy. The company partners with reputed custodian, Equity Trust Company and provides a direct link to their website. 

If you want start a gold IRA with CNI, you can get in touch with their representatives who will assist you with the initial paperwork. Once you have filled out and submitted the necessary paperwork, you would need to fund your IRA. 

You can add funds to your precious metals IRA directly or rollover funds from an existing IRA. 

California numismatic investments

Your California Numismatic Investments representatives will help you with the process. Once you have funded the account, you can start adding your desired precious metals to your IRA. 

California Numismatic Investments Products:

CNI has a vast collection of bullion products. They offer gold, silver, platinum, palladium and even rhodium products to investors. 

The company has all of the popular IRA-eligible coins in its collection including Canadian Maple Leaf, American Buffalo and Austrian Philharmonic. However, they also offer collectible coins to investors who want to invest in non-IRA precious metals. 

The company shares the spot prices of all products on its website, which is another positive highlight.

Gold Products:

At California Numismatic Investments, you will find all of the most popular IRA-eligible gold coins and bars. However, they get sold out pretty quickly and the pandemic has caused them some supply chain issues.

cni gold

Some of their IRA products include: 

  • American Gold Eagle (available in 1 oz, ½ oz, ¼ oz and 1/10 oz)
  • Canadian Gold Maple Leaf
  • American Gold Buffalo
  • Austrian Gold Philharmonic 
california numismatic investments gold

You will also find multiple gold bars of various sizes including 1 oz, 10 oz and 100g.

Silver Products:

cni silver bullion

Their collection of silver IRA products is quite impressive as well. However, the quantity is a bit larger: 

  • American Silver Eagle
  • Austrian Silver Philharmonic
  • Canadian Silver Maple Leaf
  • Australian Silver Kangaroo
cni silver bullion

You will also find several silver bars of different sizes including 10 oz and 100 oz. 

Platinum Products:

california numismatic investments bullion offers the following platinum products that you can add to your IRA:

  • Australian Platinum Platypus
  • American Platinum Eagle
  • Australian Platinum Koala
  • Canadian Platinum Maple Leaf
california numismatic investments

Also, they offer PAMP Suisse Platinum Bar 1 oz. 

Palladium Products:

You get to choose from 3 palladium products for your precious metals IRA at California Numismatic Investments: 

  • Canadian Palladium Maple Leaf
  • American Palladium Eagle
  • PAMP Suisse Palladium Bar 1 oz
california numismatic investments

The biggest highlight of their varied product collection is that they offer platinum and palladium products too. Both of these precious metals are gaining popularity because of their ability to add diversity to a precious metals IRA.

Non-IRA Products:

Apart from IRA-eligible precious metals, CNI/ offers many non-IRA products to customers. They have a dedicated section for these products. 

Although you cannot add these coins to your IRA, they can be a great addition to your personal fortune. 

Some of their rare and collectible offerings include: 

  • $5 Indian Gold
  • $20 Saint Gaudens Gold
  • Morgan Dollar
  • $10 Liberty Gold
  • Walking Lib Half Dollar

And several more. 

california numismatic investments review

CNI has a dedicated page on its website educating clients about how rare coins are different from bullion and why they are not for everyone. 

California Numismatic Investments Fees: partners with Equity Trust to set up precious metal IRAs. The account set up fee of Equity Trust is $50. 

Similarly, their annual maintenance fee is $80.

There are storage costs for your precious metals too. For segregated storage, you would have to pay $150 per year while non-segregated storage costs $100 per year. 

For additional information on California Numismatic Investments fees, you would need to contact the company as there might be additional charges. 

There is no information available on their minimum investment requirement.

Initial Setup Fee$50
Annual Maintenance Fee$80
Annual Storage Fee$150 for segregated storage / $100 for non-segregated storage

Additional Highlights of California Numismatic Investments: 

Apart from their decades of experience and reputation, California Numismatic Investments has plenty of qualities which set them apart. Here is a brief overview: 

IRA Custodian and Storage:

CNI aka GoldDealer is partnered with Equity Trust Company for custodial services. According to IRS rules, your precious metals IRA must have a third-party custodian and Equity Trust is a great choice.

They are among the most reputed and popular IRA custodians in the industry. 

For storage facilities, they have partnered with CNT Depository in Bridgewater, Massachusetts. This Class-III vault is highly secure and insured by Lloyd’s of London.

Plethora of Free Resources:

California Numismatic Investments offers its clients multiple free resources. You will find Investment Guides on their website which give you many helpful tips on how to invest in precious metals. review

They run the Almost Famous Gold Newsletter penned by the president of the company itself. You might learn about premiums, how they change and what bullion products are. 

According to CNI, the newsletter offers you an opinion about market direction from Richard himself, who has over 40 years of industry experience. 

If you’re interested in some regular reading, their newsletter might be worth your time.

Independent Storage:

Another unique highlight of California Numismatic Investments is that it offers independent storage to clients. This facility is for investors who own physical precious metals and are looking for a safe and reliable way to store them. 

CNI has partnered with CNT Depository to offer their independent storage feature. 

If you have some gold, silver or other precious metals and don’t want to store them at your home or bank, it might be a good feature. 

California Numismatic Investments Reviews and Complaints:

There are many reviews available online. After all, the company has been operating in the bullion industry for over 40 years. 

Here is a platform-based breakdown of reviews: 

California Numismatic Investments BBB:

On BBB, California Numismatic Investments has received an A+ rating. Their customer rating is 4 out of 5-stars based on 4 customer reviews. 

california numismatic investments bbb

Reviews on this platform praise the company’s professionalism and reliability. 

Also, the company has replied promptly to the reviewers. Surely, their customer support team is quite active and focuses heavily on client satisfaction. 

California Numismatic Investments Trustpilot: 

california numismatic investments complaints

The Trustpilot page of California Numismatic Investments is quite impressive. There, the company has received over 1000 reviews. 

Moreover, 90% of these reviews give the company 5 out of 5-stars while only 1% of the reviews give them 1 out of 5-stars. 

california numismatic investments complaints

Reviews praise the company’s reliability on this platform too. For example, Lena shares that she has bought from several times and every transaction has been smooth. She points out that the customer service agents offer honest opinions and information as they don’t work on commission. 

Also, she highlights that the entire process was pretty easy and painless. She recommends the company to everyone. 

There are many other reviews on the Trustpilot page of the company praising these qualities. 

Additional Reviews:

Apart from BBB and Trustpilot, California Numismatic Investments has received ratings and reviews on several other consumer platforms too. 

california numismatic investments review

For example, Business-Consumer Alliance has given them their highest AAA rating. However, their TrustLink page has a 3 out of 5-star rating based on 6 GoldDealer reviews. review

Is California Numismatic Investments Legit?


  • Over 40 years of industry experience
  • Trusted custodian and storage
  • Offer platinum and palladium alongside gold and silver
  • Free newsletter and guides


  • Many products are listed “as Sold Out”
  • Mixed reviews

Yes, California Numismatic Investments is a legit bullion dealer. The company has been operating in the industry for over 40 years and has an impressive collection of precious metals to offer. 

They provide their customers with many free resources including their free newsletter and Investment Guides. 

Furthermore, they are one of the few firms that allow investors to buy physical Rhodium. Apart from having decades of experience and a great product selection, the company partners with the reputed Equity Trust Company for custodial services. 

However, the company has received a few complaints from consumers but they are outnumbered by the 1000+ positive reviews. 

Furthermore, their selection of IRA-eligible products is quite limited and even then, some of those products are listed “Sold Out”. This can drive away some investors looking to set up a gold IRA.

Opening a gold IRA lets you hedge against economic downturn and preserve your wealth. The past performance of gold and silver reflects that. 

However, who you choose for your gold IRA would play a huge role in determining how much returns you are able to get. That’s why it’s best to review multiple options when looking for a precious metals dealer. 

There are a ton of options available in the industry too. I recommend checking out our gold IRA reviews

Have you dealt with California Numismatic Investments? Share your experience below!