It’s no secret that precious metals have long been a favorite choice among investors. They tend to be reliable, produce profitable returns and are a great way to diversify any portfolio.
But they may be more important than ever now.
The stock market has proven to be unreliable. Inflation has risen to record highs. Even banks are crashing.
Precious metals, however, have stood their ground. There is a good chance you know this and it’s the reason you’re reading this article.
But with all the options out there, how are you supposed to narrow it down and choose? Enter APMEX.
In this APMEX review, we will inform you about who they are and what they do.
Who is APMEX?
APMEX, or American Precious Metals Exchange, is an online retailer of precious metals, including gold, silver, platinum and palladium. Based in Oklahoma City, APMEX has been providing precious metals investment opportunities since its founding in 2000.
As stated, there are plenty of options on the market you can use to invest in gold and silver, such as Augusta and Money Metals Exchange. So let’s see if APMEX is right for you.
APMEX Features
One of the key features of APMEX is its wide selection of products, ranging from popular coins and bars to rare and collectible items. Investors can choose from a variety of sizes, weights and denominations, making it a highly customizable experience. You can also purchase fractional coins, which are smaller denominations of coins, making them accessible to a wider range of investors.
APMEX also offers competitive pricing, making it easy for investors to purchase and sell precious metals without worrying about high premiums or hidden fees. They provide real-time pricing updates, which means that the prices of precious metals reflect the current market conditions, allowing investors to make informed decisions based on the most up-to-date information.
The APMEX website is user-friendly and easy to navigate, allowing investors to browse products by category or search for specific items. The company provides detailed information about each product, including its weight, purity and mint information. Additionally, they offer a historical chart of the price of each item, making it easy to track the performance of an investment over time.
APMEX Review: How They Stand Out
All of the features we just discussed could be said about most precious metals platforms like JM Bullion. But APMEX stands out in some notable ways:
- Storage – Besides buying and selling precious metals, APMEX offers storage services for investors who prefer not to keep their metals at home. APMEX has multiple secure storage facilities around the world, including in the US, UK and Switzerland. This feature provides you with peace of mind knowing that your investments are protected.
- Buyback Program – The APMEX buyback program allows investors to sell back their precious metals to the company at a fair market value. This makes it easy for you to liquidate your assets without worrying about finding a buyer yourself. Additionally, APMEX offers an automatic sell-back program, which allows investors to sell back their assets whenever the price reaches a certain threshold.
- Collectible coins and specialty items – In addition to bullion coins and bars, a unique feature of APMEX is its assortment of rare coins, commemorative items and limited edition releases. These products appeal to collectors and those looking for unique investment opportunities that can appreciate over time.
These are just to name a few. APMEX also offers a portfolio management tool, the Bullion Card, APMEX Autoinvest and currency sales. Additionally, a wide range of prices makes it easy for anyone to get started.
Solid Reputation
Those who are serious about investing will be pleased to know that APMEX has a strong reputation in the industry and maintains a high level of customer service.
The company has an A+ rating with the Better Business Bureau and it has been accredited since 2004.
APMEX also provides a team of customer service representatives who can answer questions and provide support to investors seven days a week.
The Downside
The only drawback of APMEX is that it only accepts bank wire transfers or checks as a form of payment, which may deter some investors who prefer to use credit cards or other payment methods.
However, this is a common practice among precious metals dealers and it is not unique to APMEX.
The Bottom Line
APMEX is an excellent choice for investors looking to buy and sell precious metals. Their wide variety of products, competitive pricing, and storage services provide investors with a comprehensive investment experience.
Additionally, their strong reputation and customer service team are a testament to their commitment to providing investors with a high-quality experience. Overall, APMEX is a great option for anyone looking to invest in precious metals and expand their portfolio.
If you believe APMEX is right for you, click here to get started today.
