First Fidelity Reserve Lawsuit: All You Need to Know (2024)  

Disclaimer: This post does not serve as financial advice. The proprietors of this website may receive compensation for recommending specific precious metals companies. The content on this website, which may include positive evaluations of these companies and other reviews, may not be neutral or independent.

Before committing your money to any precious metal company, conducting thorough research is essential to safeguard your investments.

Today, we’ll delve into the legal history and offerings of First Fidelity Reserve, a prominent player in the precious metals market renowned for setting a standard of excellence emulated by others.

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This guide will provide an in-depth analysis of any lawsuits involving First Fidelity Reserve, shedding light on its esteemed reputation within the industry.

Through this investigation, we aim to offer a comprehensive understanding of why First Fidelity Reserve is held in such high regard and provide valuable insights for potential investors.

Is there any First Fidelity Reserve Lawsuit? 

After conducting our investigation, we can confidently state that there are no known lawsuits or legal actions against First Fidelity Reserve.

Examining specialized litigation tracking websites such as Casetext, Govinfo, and Justia Dockets & Filings was part of our investigation. However, none of them produced any information about court cases involving the First Fidelity Reserve Lawsuit.

In addition, our comprehensive study, which used several search engines, such as Google and Bing, in addition to a wide range of terms and phrases, was not successful in locating any evidence of legal action being filed against First Fidelity Reserve.

Further searches for information on the corporation in public records, press announcements, and news articles did not yield any results indicating that the corporation was the target of legal action.

About First Fidelity Reserve

Founded in 1988 in Beaumont, Texas, First Fidelity Reserve is a prominent precious metals corporation specializing in the buying and selling of gold, silver, and rare coins. 

First Fidelity Reserve lawsuit and website

With over 25 years of experience, the company has established itself as a trusted provider of exceptional customer service and valuable resources for clients looking to invest in precious metals.

First Fidelity Reserve stands out by focusing on specific precious metals and coins, allowing clients to pursue investment strategies that have proven profitable over the long term. 

Over the years, First Fidelity Reserve has assisted tens of thousands of Americans in acquiring rare and valuable coins. With a team of numismatic experts, the company provides personalized assistance to clients, ensuring they make informed investment decisions.

Adapting to technological advancements, First Fidelity Reserve has integrated with online trading networks and implemented cutting-edge techniques for product bids and purchases. 

This allows clients to access competitive prices and facilitates swift acquisition of precious metals.

With a workforce that has more than doubled in the past seven years, First Fidelity Reserve is committed to delivering the best service possible to its growing clientele, further solidifying its position as a leader in the precious metals industry.

Products & Services Offered by First Fidelity Reserve

First Fidelity Reserve prides itself on offering a diverse range of products tailored to meet the diverse needs and preferences of its valued clients. 

With a team of experienced professionals known for their personable approach, they aim to provide clients with valuable insights to make informed decisions while building and expanding their investment portfolios.

The product range at First Fidelity Reserve includes a selection of top-quality bullion products, such as American Gold & Silver Eagles and Canadian Maple Leafs, as well as an impressive assortment of certified rare coins. 

Their skilled numismatists meticulously curate collections of historic and scarce coins, ensuring that clients have access to both investment opportunities and pieces of history.

In addition to offering a wide array of products, First Fidelity Reserve is committed to serving as a reliable partner in securing clients’ financial futures. 

Whether clients are seeking to diversify their portfolios or acquire rare and valuable coins, First Fidelity Reserve is dedicated to helping them achieve their investment objectives with professionalism and expertise.

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First Fidelity Reserve Pricing 

First Fidelity Reserve offers free shipping for online orders totaling $199.00 or more, while a delivery fee of $9.00 is applied to orders below this threshold.

Customers can create an account for free and receive a 3.85% discount when paying with checks, money orders, cashier’s checks, or wire transfers for online store orders. 

However, credit card payments are not accepted for orders exceeding $1,000.00 placed online. Each credit card transaction undergoes thorough examination, and further verification may be required.

The company also accepts wire transfers, requiring customers to provide accurate credit card information to lock in pricing on their orders.

For items returned in their original packaging within 30 days of delivery, excluding special orders and bullion orders, customers are eligible for a full refund. 

However, bullion and special orders are not covered by the 30-day return policy. Canceled bullion or special order transactions are subject to a $30 cancellation fee and governed by the company’s market loss policy.

Product pricing varies based on factors such as mint origin, demand, design, and total mintage, which may result in differing prices for similar products.

Payment for transactions must be made within five business days of the order date. Failure to do so may result in the cancellation of the order. Accepted payment methods include checks, PayPal, and bank cards.

First Fidelity Reserve Customer Reviews 

First Fidelity Reserve has received positive reviews and maintains an A+ rating from the Better Business Bureau. Clients praise the company for its competitive pricing, prompt delivery, and valuable informational resources.

First Fidelity Reserve lawsuit and BBB

While most feedback is positive, there are some negative comments regarding difficulties in reaching specific individuals within the company and concerns about aggressive sales tactics.

Nevertheless, the overall sentiment suggests that customers are generally satisfied with the service provided by First Fidelity Reserve, particularly appreciating the competitive pricing offered for their products.

Pros and Cons of First Fidelity Reserve


  • Many customers appreciate First Fidelity Reserve for offering competitive pricing on their products, making precious metals investment more accessible.
  • Clients commend the company for its prompt delivery of purchases, ensuring a smooth and efficient transaction process.
  • First Fidelity Reserve provides valuable informational resources to clients, helping them make informed decisions about their investments.
  • With a wide selection of bullion products and certified rare coins, First Fidelity Reserve caters to the diverse needs and preferences of its clients.


  • Some customers have experienced challenges in reaching specific individuals within the company, leading to frustrations in resolving issues or inquiries.
  • There have been instances where customers felt uncomfortable with the high-powered sales approach employed by the company, preferring a more relaxed and informative interaction.

Conclusion on First Fidelity Reserve Lawsuit 

After doing a thorough investigation, it is clear that there are no known lawsuits or legal actions against First Fidelity Reserve. 

The company has maintained a positive reputation within the industry, supported by its extensive experience, diverse product offerings, and commitment to customer satisfaction. 

While there may be some minor issues reported by customers, the overall consensus suggests that First Fidelity Reserve remains a reliable and reputable option for individuals seeking to invest in precious metals.

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