APMEX Review

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Looking to purchase precious metals to add to your investment portfolio?

With inflation rates over the roof, the best thing you can ever do is to keep your money in assets that stand the test of time e.g., precious metals.

One of the companies that can assist you in investing in the like of gold, silver, and platinum is none other than APMEX.

This article will cover what APMEX is, how to invest in precious metals with the company, what it offers, what to expect, and much more.

APMEX Company Overview

APMEX is one of the leading precious metal dealers in the U.S. It was founded in 1999 and originally sold and bought precious metals on eBay. 

Currently, the company deals in various products, such as gold and palladium coins and bars. It provides its customers a trusted and safe way to invest in precious metals.  

What Products and Services Do They Offer?

Whether you seek to purchase gold, silver, or other metals for your investment portfolio, you can get it all here.

Here are some of the products that the company specializes in: 

Gold Bars and Rounds  

Gold is an ideal investment option since it’s not directly related to assets such as stocks and bonds, so fluctuations in such assets aren't likely to affect it.

APMEX provides its clients with an extensive range of gold rounds and bars on its website. All of these are IRA approved.

Some of the gold bars and rounds they offer include:

• 1 oz Credit Suisse Gold Bar
• 1 oz Valcambi Gold Bar
• 1/2 oz .9999 Gold Krugerrands

Gold Coins

In addition to gold bars and rounds, APMEX offers a wide range of IRA-approved gold coins from which you can choose.

Some of the gold coins include:

• American Gold Buffalo Coins
• American Gold Eagle Coins
• Canadian Gold Maple Leaf

Silver Bars, Rounds, and Coins

Silver is another good investment option for investors looking to diversify their investment portfolio by purchasing precious metals. It is assumed to be a safe-haven asset, so it can protect you during uncertain times.

You can purchase a wide range of limited edition and commemorative silver rounds and bars from APMEX.

Some of these silver products include:

• Silver American Eagle
• Silver Maple Leaf (Canada)
• APMEX Silver Bar
• John Wick Continental Bar
• Austrian Silver Philharmonic

Platinum and Palladium

APMEX also offers Platinum and palladium products. Some of these products include:

• 1 Gram Valcambi Platinum Bar
• 1 oz Credit Suisse Platinum Bar 
• American Eagles (platinum coins)
• Canadian Maple Leaf (palladium coins)
• 1 oz Valcambi Suisse Palladium Bar

How to Purchase Precious Metals From APMEX

After setting up your APMEX IRA account, opening an order for precious metals is simple. Here are the steps:

1. Browse through the sub-categories on the APMEX website to find products you are interested in.
2. Add the items to your shopping cart and follow the payment process to make a purchase.
3. Choose the payment method and fund your account. Once the payment has been cleared, APMEX will process and ship your order within a business day.

Shipping And Storage with APMEX

 APMEX ships your products within a business day of your funds being cleared. During shipping, your products are fully insured against loss or damage, so you won’t need to worry about losing your investments.

The company will also provide you with a tracking number which helps you know the status and location of your shipment. 

APMEX Fees and Limits

APMEX prices its products based on market demand so the prices vary based on the metal. But once you place your order, the prices are locked.

Orders above $199 are shipped for free. Additionally, APMEX does not charge any commissions on your orders.

If you cancel your order, you will be charged a $35 fee.

Certain payment methods also incur fees, such as paying with crypto or a credit card. These two attract a 4% fee. Conversely, direct payments through wire transfer or check get a 4%discount.

In terms of limits, APMEX has some minimum requirements. For precious metals IRA, you must make a minimum purchase of $2,000. 

APMEX Buy-back Program

If you need to sell your precious metals products fast, APMEX has a buyback program that allows you to sell the company any products you purchase from them at fair market value.

Currently, the company has purchased over $1 billion worth of products from the retail market.

The buyback process is swift and easy to follow:

1. Request a Quote From APMEX

 You can do this through their website or by calling them on the phone number provided. During the call, you must inform them of the products and quantity you want to sell.

APMEX’s team will then quote a price for the products, which you can lock in your phone to avoid the risk of market movement.

2. Pack And Send Your Products.

If you use APMEX logistics, the company will email you all necessary UPS shipping labels and full instructions on securely packaging your product. Follow these instructions for your package to be fully insured while in transit.

3. Verification

Upon receipt of the product, APMEX will authenticate the products using their best-in-class proprietary processes.

4. Get Paid

Upon receipt of the products, APMEX will pay you by the next business day. You can choose your preferred mode of payment receipt.

Most customers choose to sell to APMEX because the company provides them the peace of mind that other retail purchasers cannot offer.

Note that APMEX buys a minimum of $1,000 worth of assets from investors through its buy-back program.

Why Use APMEX’s Buy-back Program?

Here are some exclusive APMEX advantages:

• Quick payment processing
• Easy shipping
• Integrity
• Broad assortment
• Products expertise
• Competitive Pricing

How Good Is Their Customer Support?

APMEX’s Customer support is top-tier.

First, the company provides an email and phone number which you can use to contact them in case you need more information about their products and services. These two are found in their website’s footer.

In addition, the company also has a live chat option that you can use to talk in real time with one of the company’s specialists. However, this option is only available during specific hours and on specific days. 

APMEX also has social media handles, including Facebook, YouTube, Instagram, LinkedIn, Twitter, and Pinterest. All these social media handles are active, so you can get a quick response if you contact the company via any of the handles.

Is APMEX legit?

Yes, APMEX is legit. 

With over two decades of being in business, APMEX has received numerous customer reviews as one of the most reliable and credible precious metals exchanges.

Customer Reviews

According to the Better Business Bureau, APMEX has a 3.87/5 star rating, translating to an A. This shows that most of the customers are well satisfied with the service and products from the company.

According to Shopper Approved, the company has a 4.9/5 star rating overall. All these reviews are from verified purchasers, solidifying that the company provides good products and services.