Apmex Gold - Review, Price, History

Since the year 2000, APMEX Gold has always proved to be a very precious dealer of expensive metals – who specialize in rounds. bars, coins, bullion, and other numismatic products. They have a customer base both in the region of the United States and other international countries.

In this article, I will be discussing APMEX Gold and other things related to it.

Keep reading till the end to find out more information on the same!

About APMEX

APMEX Inc. is originally based in the city of Oklahoma. It is the world’s largest retailer of precious metals. They have made over $11Bn. transactions ever since it was founded back in the year 2000.

Their company offers up to more than twenty thousand Silver, Gold, Platinum, and Palladium bars, coins, collectibles, bullion rounds, and other forms of numismatics from the several mints present around the world.

History

The founder Scott Thomas of APMEX Gold was a dedicated coin collector. He was an underwriter for a mortgage company before founding the Edmond Coins and forming the American Precious Metals Exchange, back in Oklahoma’s Edmond, in the year 2000.

The name of the company was later changed and shortened to APMEX.

Products

The company APMEX is known to offer Silver, Gold, Palladium, and Platinum products, including bars, rare currency, coins, commemorative items, and jewelry. The company is also known to both purchase and sell numismatics, rare coins, APMEX gold coins, bullion, and semi-numismatics.

The customer demographic of APMEX ranges from wholesale dealers to investors and collectors.

1. Palladium And Platinum

They are also available in palladium and platinum coins. This includes Maple Leaf (Canadian), American eagles, and even Kangaroos Platinum (Australian). Both of these metals are available in rounds in bars.

The Palladium spot price stands at $1,250.00 (U.S.), whereas the Platinum Spot Price stands at $943.50 at the time of writing.

2. Gold

APMEX gold is known to offer a wide variety of coins in gold from mints located worldwide. This includes Gold Krugerrands (South African), Gold Maple Leaf (Canadian), and Gold Eagles (American). Customers can also find gold bars from various reputable mints, and this includes PAMP Suisse, Johnson Matthey, and Credit Suisse. The customers are also going to be able to find jewelry, notes, and Gold rounds here.

Apmex gold price stands at $1,939 (US) per ounce today. These prices along with the price of gold apex are subject to change at any point in time.

3. Silver

APMEX also offers silver coins including the Silver Maple Leaf (Canadian), Silver Eagles (American), and Silver Libertads (Mexican). These silver bars all come from reputable mints including Johnson Matthey, Sunshine Minting, and Engelhard.

The spot price of silver stands at $23.77 currently, at the time of writing.

4. IRA – Approved Metals

APMEX Gold also sells products that are IRA-approved and work along with your chosen custodian. It has a very dedicated IRA specialist who assists with novel IRA investment purchases and accounts. One thing to keep in mind, for IRAs you need to make a minimum purchase of $2,000.

How Does It Work?

The prices are displayed on the website of APMEX with a live price tag – right on the top of the page. This lets the user know if they are even purchasing it at a good price. The customers have the option of accessing the site as a guest or by logging into an account instead.

There is absolutely no min. or max. purchase amount to choose from. It is still required of the user to contact the sales department when placing orders that are larger than $500,000.

Opening an account at theirs is free and is going to aid you in helping with the placing of trades much faster. You are going to be able to set the products that you purchase and how frequently. But here’s the thing, you would not be able to specify the dollar amount, and are going to be charged the asking price in the course of your scheduled purchase.

APMEX also provides a coin-grading service known as MintDirect. It enables the coins that you purchase to stay in perfect condition in sealed tubes.

Frequently Asked Questions (FAQs)

Here is a list of some of the most frequently asked questions that are often inquired being related to APMEX Gold:

1. What particular forms of payment does the APMEX accept?

A: APMEX accepts various options and methods of payment. You can use a debit/credit card, wire transfer, PayPal, or even cheque payment. They even accept cryptocurrency as a form of payment. They just do not accept money orders or prepaid cards.

2. What is their return policy?

A: Customer satisfaction is guaranteed when using APMEX. The returns are to be initiated within 7 days through the medium of customer service. The items should also be put back in place as they came (with original packaging). The return shipping fees and restocking fees might be applied. You can also apply for a market loss fee additionally.

3. How long does it take for an APMEX order to ship?

A: Particular domestic orders are going to be shipped as soon as the next “business day” of theirs – this happens after your payment has been cleared. Generally, most of the domestic orders are known to arrive within 1-10 business days and are at the same time also insured fully, while in transit.

To Wrap It Up!

There’s full assurance of its legitimacy as they have been in business since the 2000s and have sold over 130 Mn ounces of silver and gold – in more than sixty countries. There’s more feat of theirs of which you can find proof online.

Thank you for reading up till here. I hope you found the information regarding APMEX gold useful.

Additional:

~Feature Image source: http://rb.gy/j0n3p