American Precious Metals Review: Is it Trustworthy?

American Precious Metals
American Precious Metals - by,April 1, 2011
3.5/ 5stars
on
American Precious Metals
  • Global Rating
  • Our Global Rating (GR) is Math-Based. (Learn how it works)
    (3.5/5)
  • Good
Review Summary :

Founded in 1994, American Precious Metals is a precious metals dealer, in addition to being a gold IRA company. The firm has a partnership with  New Direction Trust Company for custodial services. Moreover, CNT Depository facilities provide clients with secure storage of their precious metals. American Precious Metals has a decent selection of gold and silver items in its catalog. Currently, it does not offer any platinum or palladium products, so those looking to invest in those two precious metals will have to go elsewhere. Curiously, the company does not include product pricing for any of its available inventory, making it an inconvenience for customers.

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Pros:

  • A good selection of inventory that includes gold and silver bullion and numismatics
  • Has a partnership with New Direction Trust Company for custodial services
  • Storage is provided by CNT Depository

Cons:

  • No palladium or platinum is in the catalog
  • None of the products in the company's catalog have available pricing
Quick Facts about American Precious Metals
Year Founded:1994
Company Headquarters:Phoenix, Arizona
Annual Fees:Variable
Supports 401(k)?:No
Supports Roth IRA?:No
Crypto Offered?:No
Assets Offered:Gold and Silver
Offers Other Assets?:No
Custodian:New Direction Trust Company
Current Promotion:N/A
Supports Home Storage?:Yes, for collectible products
International Storage?:N/A
Segregated Storage?:Yes
Preferred Storage Location:Several locations
Preferred Storage Vault:CNT Depository
Reviewed By::Sarah Bauder
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Company Info & Background

American Precious Metals (www.apmaz.com) is a precious metals investment firm located in Phoenix, Arizona. New Direction Trust Company provides custodial services with storage being provided by CNT Depository. 

American Precious Metals offers its customers a fine selection of precious metals products. Gold and silver bullion is present, in addition to gold and silver numismatic coins. There is no palladium or platinum bullion available at the moment.

The company has several sections on its website dedicated to providing customers with a myriad of information on gold and silver. There is a podcast, videos, spot prices, and a section dedicated to market news. 

American Precious Metals Management Team

Jerry Williams – Founder 

In 1994, Jerry Wiliams founded American Precious Metals. For nearly fifty years, Williams has worked within the precious metals space.

American Precious Metals Custodians and Storage

American Precious Metals has partnered with CNT Depository for storage options. New Direction Trust Company provides clientele with custodial services. The company’s website provides direct access to the New Direction Trust Company IRA sign-up page.

(Source: American Precious Metals Website)

American Precious Metals Products 

Considering that inflation rates rose higher than expected as of September 2022, to 8.2% year-over-year, investing in precious metals could be a good investment strategy. American Precious Metals has a wide array of IRA-eligible bullion products and numismatic coins. Silver and gold items are present in the catalog, however, no platinum or palladium is currently in the inventory. IRA-eligible gold coins include the Gold Canadian Maple Leaf,  Gold Australian Kangaroo, American Gold Buffalo,  Gold American Eagle, and Gold Austrian Philharmonic. With regards to silver options, the Silver Austrian Philharmonic, Silver American Eagle, and the Silver Canadian Maple Leaf are options.

IRA-Eligible Gold Products

  • Gold American Buffalo
  • Gold Canadian Maple Leaf
  • Gold American Eagle
  • Gold Australian Kangaroo
  • Gold Austrian Philharmonic

IRA-Eligible Silver Products

  • Silver Canadian Maple Leaf 
  • Silver American Eagle
  • SIlver Austrian Philharmonic

View more American Precious Metals products here.

American Precious Metals  IRA Info

CompanyAmerican Precious Metals
Annual CostVariable
Scaled or Flat Fees?Flat Fees
Partnered Storage VaultCNT Depository
Partnered CustodianNew Direction Trust Company
Metals AvailableGold and Silver
Years in Business28 years (1994)

American Precious Metals Reviews, Ratings, and Complaints

Below we offer a diverse selection of reviews, ratings, and complaints pertaining to American Precious Metals from trusted consumer reporting and rating agencies sites. Simply click on the links provided to study the reviews in greater detail.

 

Key Pages From American Precious Metals

American Precious Metals Contact Information

  • Address: 11801 N Tatum Blvd Ste 143, Phoenix, AZ 85028
  • Phone: (602) 840-5500 
  • Email: info@apmaz.com
  • Website: www.apmaz.com

American Precious Metals
American Precious Metals - by,April 1, 2011
3.5/ 5stars
on
American Precious Metals
  • Global Rating
  • Our Global Rating (GR) is Math-Based. (Learn how it works)
    (3.5/5)
  • Good
Review Summary :

Founded in 1994, American Precious Metals is a precious metals dealer, in addition to being a gold IRA company. The firm has a partnership with  New Direction Trust Company for custodial services. Moreover, CNT Depository facilities provide clients with secure storage of their precious metals. American Precious Metals has a decent selection of gold and silver items in its catalog. Currently, it does not offer any platinum or palladium products, so those looking to invest in those two precious metals will have to go elsewhere. Curiously, the company does not include product pricing for any of its available inventory, making it an inconvenience for customers.

Get Info Kit Now
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