Disclosure: Our content isn't financial advice. Do your due diligence and speak to your financial advisor before making any investment decision. We may earn money from products reviewed. (Learn more)
Disclosure: Our content isn’t financial advice. Do your due diligence and speak to your financial advisor before making any investment decision. We may earn money from products reviewed. (Learn more)
Affordable Jewelry & Precious Metals — better known as AJPM — has operated from Portland, Oregon, since 1991. It is not a national Gold IRA company with a marketing budget and celebrity endorsements. It is a three-location, family-owned bullion dealer that publishes its buy and sell prices live on the website, claims the tightest spread in the market, and has built its reputation across more than three decades through repeat customers and community presence.
AJPM does not set up Gold IRAs. It does not have custodian partnerships or depository arrangements. What it does offer is competitively priced IRA-eligible bullion that investors can purchase independently and direct to their existing IRA custodians — a model that works well for self-directed investors who already have their IRA infrastructure in place and want to source metals at minimal markup.
This review covers what AJPM actually offers, what the published pricing model means in practice, how it fits into a precious metals IRA strategy without being an IRA company, and who it is genuinely suited to serve.
If you are still early in your research, you may also want to read our guides to precious metals investing, Gold IRA rollover pros and cons, and where Gold IRA metals should be stored, so you can judge AJPM in the right context.
Looking for a Full-Service Gold IRA? Start With Noble Gold’s Free 2026 Guide
AJPM sells IRA-eligible bullion competitively but does not set up IRAs. If you need a dealer that handles custodian setup, rollover paperwork, and depository arrangements, Noble Gold Investments is our #1 rated company for 2026. Their free guide covers the full IRA process before you commit any retirement funds.
Quick Company Snapshot
| Company | AJPM — Affordable Jewelry & Precious Metals |
| Toll-free | (800) 690-4995 |
| Downtown Portland | 304 SW Washington St., Portland, OR 97204 — (503) 227-4653 — Mon–Fri 8–3, Sat 9–2 |
| AJPM East | 10580 SE Washington St., Portland, OR 97216 — (503) 254-6838 — Mon–Fri 8–4 |
| Beaverton | 12320 SW 1st, Suite A, Beaverton, OR 97005 — (503) 574-4321 — Mon–Fri 9–4 |
| Website | www.ajpm.com |
| Founded | 1991 |
| Founders | Rodney Scott and Vicki Scott |
| BBB | A+ |
| IRA Facilitation | None — AJPM sells IRA-eligible bullion; investors handle their own custodian and storage |
| Custodians (suggested) | GoldStar Trust, New Direction IRA, Strata Trust |
| Storage (suggested) | Delaware Depository, Brinks Global |
| Metals Offered | Gold, silver, platinum (and scrap) |
| Pricing | Live buy and sell prices published on website, updated continuously |
| Buyback | Published “We buy” price next to “We sell” price for all standard products |
| Scrap | Live scrap calculator with prices updated every 60 seconds |
Thirty-Four Years of Family Ownership in Portland’s Bullion Market
Affordable Jewelry & Precious Metals was launched by Rodney and Vicki Scott in Portland in 1991, which was the era of much more specialized bullion retail trading operations. During three decades, they grew the business up to its current form with three locations in downtown Portland, east Portland, and Beaverton with dedicated management teams.
Furthermore, Rodney Scott opened The Brazil Grill in Portland in 2007; however, it is not related to precious metals trade at all but only serves as an example of a parallel community-oriented venture. The review data available on Yelp, SiteJabber, and BBB consistently point out long-lasting customer relationships, friendly and knowledgeable employees, and reasonable prices that show AJPM’s ability to survive as a successful local business in a competitive market on repeat sales rather than advertising.
The website design is concise, practical, and transaction-focused. The live buying and selling prices serve as its key components. A unique feature is a constantly updating scrap calculator updated once per 60 seconds. The navigation menu includes only six options: Gold, Silver, Platinum, Specials, Scrap, and Collectibles. The missing IRA option indicates that AJPM does not provide IRA-related services.
My Quick Verdict
A good fit if: you already have a self-directed IRA with a custodian and depository in place, you want to source IRA-eligible bullion at minimal markup, and you value the ability to compare live buy and sell prices before calling or walking in.
A weaker fit if: you need a dealer to set up your IRA, handle rollover paperwork, recommend a custodian, or arrange storage. AJPM does none of that.
My take: AJPM is one of the most genuinely transparent bullion dealers in our review series — live pricing, published two-way spreads, and a scrap calculator updated every 60 seconds. Its limitation is structural: it is a bullion dealer, not an IRA company. For investors who already have their IRA infrastructure sorted, AJPM’s pricing model deserves a place in the comparison.
The Catalog: IRA-Eligible Bullion Plus a Collectibles Dimension
AJPM’s catalog covers gold, silver, and platinum in IRA-eligible formats. The company also carries collectible and numismatic coins for direct ownership. Palladium is not in the product catalog despite being displayed in the spot price reference.
IRA-Eligible Gold
- Gold American Eagle
- Gold American Buffalo
- Gold Canadian Maple Leaf
- Gold Australian Kangaroo
- Gold Austrian Philharmonic
IRA-Eligible Silver
- Silver American Eagle
- Silver Canadian Maple Leaf
- Additional silver coins from South Africa, Australia, Austria, and China — confirm current availability and IRA eligibility directly
IRA-Eligible Platinum
- Platinum Canadian Maple Leaf
- Additional platinum products — verify current catalog at ajpm.com/platinum/
Non-IRA Products
- Collectible and numismatic gold coins: Available in the collectibles section. Not IRA-eligible. For direct ownership by collectors.
- Jewelry: The company’s founding retail dimension — not relevant for investment bullion buyers.
- Scrap gold and silver: AJPM buys scrap at published prices via its live scrap calculator.
Full current inventory and live pricing at ajpm.com.
To learn more about how precious metals fit in a portfolio, read our articles on the role of commodities in portfolio allocation, inflation risk, and inflation hedges.
How AJPM Fits Into a Gold IRA Strategy — Without Being an IRA Company
The positioning of AJPM compared to IRAs is quite unique. AJPM does not offer any services involving IRAs; it neither acts as a custodian nor provides any depositary facilities. Rather, it sells IRA eligible bullions at reasonable prices to investors who manage their own IRA infrastructures.
AJPM on its website directs investors to three reputed custodians — GoldStar Trust Company, New Direction IRA, and Strata Trust Company. In case of a depositary facility, it mentions Delaware Depository and Brinks Global. It must be noted that the above is not a partnership arrangement or any sort of referral service, rather, an educational one.
This system will be ideal for those investors who have an existing self-directed IRA setup with a custodian and a depository setup. After funding their IRA, they instruct the custodian to buy specified metals from AJPM and deliver to the depository — something that all major self-directed IRA custodians can accommodate for any dealer chosen by the investor.
However, investors who have no prior experience in buying precious metals through IRAs will require assistance from a dealer who can walk them through selecting a custodian, handling the IRA rollover, and managing the depository logistics. For such people, AJPM is not the appropriate choice.
Why We Recommend Noble Gold Investments First
AJPM is a strong source for competitively priced IRA-eligible bullion, but it does not handle the IRA setup process. Noble Gold Investments is our #1 pick for 2026. Their free guide covers how to set up a Gold IRA, select a custodian, arrange storage, and compare dealers on a level playing field.
What AJPM Does Genuinely Well
👍 Live two-way pricing published on the website
Every product shows a “We buy” price and a “We sell” price, live, continuously updated. Investors can calculate their spread, compare against competing dealers, and evaluate the true cost of a transaction before any sales engagement. This level of pricing transparency is matched by very few dealers.
👍 Three physical retail locations in the Portland Metro area
Three stores, with published hours of operation, physical locations, and phone numbers. If you’re in the Pacific Northwest and looking for face-to-face transactions, AJPM has three physical stores where you can see the products and build a local relationship that online dealers cannot provide.
👍 Every 60 seconds, an updated scrap calculator
Publishing live scrap pricing on the website is another way AJPM protects consumers from the information advantage of scrap purchasers. Most scrap buyers rely on this asymmetry to maximize their margins.
👍 BBB A+ rating
Strong BBB history and consistent positive Yelp and SiteJabber reviews indicate a dealer whose reputation is built through fairness and repeat business, not national advertising. Yelp reviewers repeatedly mention AJPM’s knowledgeable staff and fair prices after multiple visits.
👍 Does not pressure upsell into collectibles
AJPM’s transparent pricing structure and published spread make it extremely hard to sell high-margin collectibles without the buyer realizing what’s going on. The collectibles portion of the website is separated and clearly indicated. AJPM’s main business is clearly bullion, sold at the stated spread.
The Structural Limits of a Pure Bullion Dealer
👎 Cannot help you set up your IRA
For the vast majority of readers seeking help setting up an IRA with bullion, this is the biggest problem with AJPM. It does not manage the IRA setup process or refer clients to a custodian; nor does it coordinate the necessary paperwork. AJPM simply sells the precious metals; you must arrange the IRA setup separately from AJPM.
👎 Does not offer palladium products
While palladium spot prices are listed on the AJPM website as a point of reference, the dealer’s catalogue does not include palladium. If you want your Gold IRA to include all four IRS-approved metals, you’ll need to acquire palladium from another source.
👎 Few reviews on online review sites
There are very few online reviews available. While all existing reviews are uniformly positive, if your trust criteria require review volume to be considered, you may find less here than national dealers, whose thousands of online reviews are widely known.
👎 Geographic reach limited to Pacific Northwest
AJPM’s ability to offer in-person store visits only helps if you’re physically present in the Portland Metro area. From outside of Oregon, it is simply a mail-order bullion dealer competing against larger platforms with national shipping networks. The walk-in advantage thus ceases to be relevant, although the dealer remains transparent in terms of pricing.
How AJPM Sits Alongside Full-Service IRA Dealers
AJPM’s model is fundamentally different from many dealers. It is a bullion dealer with published pricing — not an IRA company. The comparison that matters is not “AJPM vs. Noble Gold” but “AJPM as a bullion source vs. the in-house dealer pricing at whichever IRA company you choose.”
For pricing comparison purposes:
- Colorado Gold — most similar model; publishes buy prices; no IRA facilitation; recommends custodians without compensation
- CMI Gold & Silver — publishes IRA fee schedule; non-commission brokers; has a named custodian
- SchiffGold — competitive pricing philosophy; does offer IRA services
- Noble Gold Investments — our #1 rated company for 2026; full-service IRA with rollover support and free guide
What to Verify Before Using AJPM for an IRA Purchase
- Is the specific product I want confirmed as IRS-eligible bullion — not a collectible or numismatic coin?
- Will my custodian process a purchase from AJPM, and how does the funding and shipping-to-depository process work with them specifically?
- What is today’s buy/sell spread on the specific product, and how does it compare to the dealer spread at two other dealers?
- Are there daily specials available for the products I want, and what is the current special pricing?
- What are AJPM’s payment options for online orders, and what is the process for out-of-state buyers?
Final Verdict
AJPM is one of the most genuinely transparent bullion dealers in our review series. Published two-way pricing, a live scrap calculator updated every 60 seconds, a daily specials program, three walk-in locations, and a thirty-four-year track record represent a dealer that has built its business on operational integrity rather than marketing.
Its structural limitation is equally clear: AJPM is a bullion dealer, not an IRA company. Investors who need a dealer to guide them through the IRA setup process will need to start elsewhere. Investors who already have that infrastructure in place, and want to source IRA-eligible metals at a demonstrably competitive price with full pre-transaction pricing visibility, have a strong reason to include AJPM in their comparison.
Where it lands: Compare AJPM’s published spread on your specific products against the dealer spread at two full-service IRA companies before deciding where to source your metals. The pricing transparency makes that comparison possible in a way that most dealers structurally prevent.
Need a Full-Service Gold IRA? Our #1 Rated Company Is Here
AJPM is an excellent source for IRA-eligible bullion at competitive prices. If you still need to set up the IRA itself, Noble Gold Investments handles the full process — custodian setup, rollover paperwork, and storage arrangements — and offers a free guide to help you understand all of it before you commit.
AJPM (Affordable Jewelry & Precious Metals) is a precious metals coin and bullion dealer located in Portland, Oregon, and the surrounding area. Founded in 1991, there are three storefront locations, however, the company also has a toll-free number to deliver nationwide. AJPM’s singular focus is the sales of gold, silver, and platinum bullion products. Both IRA-approved bullion and some numismatic gold coins are available. AJPM has no partnerships with either depositories or any custodial services companies.
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Mohammed Saqib is a finance professional and CFA Level II Candidate with a Master of Finance from Wilfrid Laurier University. He specializes in financial content covering equities, alternative assets, precious metals, and capital markets.
