APMEX Capital Company Background
APMEX stands for the American Precious Metals Exchange. This precious metals firm is located in Oklahoma. It concentrates primary efforts on selling customers silver and gold bullion and coins. They also carry a fairly extensive line of platinum and palladium issues. Among their many choices are newly struck bullion coins as well as high quality rare coins. With their bullion coins, the primary driver of price is the underlying precious metals price per ounce. The rare coins pricing is heavily based on the coin condition and scarcity.
One service APMEX is promoting (more than most major rival dealers in any case) is their purchase of silver and gold coins from customers. They sell more coins than they buy or buy back for certain though. Interestingly enough, they do not buy platinum or palladium coins or bars from clients.
APMEX’s site is also free with advice on investing your retirement assets into physical gold via a Gold IRA. We like the amount of information they provide on this on the site, as it is a service more and more people planning for retirement need as an alternative to buying ETF shares like GLD and SLV, neither of which provide you with any ownership of the underlying precious metals.
APMEX Capital Products and Storage
APMEX boasts an enormous selection of bullion coins, bars, rare coins, and special commemorative coins. They also deal in all types of gold, silver, platinum, and palladium. You should know that many of their precious metals products are not allowed in a Gold IRA. It is important to ask your representative (if you choose to order from them) which coins are IRA-approved before you buy with that intention.
Storage is another service that APMEX touts for its clients.They work with Citadel Global Depository Services, Inc. as their storage partner. This company provides a secure storage option that is backed up by a leading security firm. Citadel also does audits and reporting so that you can feel confident in your inventory at their vaults. The shipping and insurance costs are free to all customers who purchase at least $500 in APMEX products. Citadel guarantees fully segregated and allocated storage of your gold, silver, platinum, and palladium, as well as complete insurance against any physical loss, damage, or theft while the precious metals remain in their custody. Customers who buy less than $500 in product pay a flat rate $9.95 shipping fee to have their metals sent to the depository. .
Citadel also offers its APMEX Capital clients extremely competitive storage pricing. With many precious metals storage facilities, you can expect to pay as much as 150 basis points. Citadel only charges 55 basis points, which amounts to .55 percent. This is a cost equivalent to most ETF management fees. If you decide you want to take delivery of your precious metals, you can arrange for this at any time that you choose.
APMEX Capital Ratings And Complaints
- BCA Rating: BBB (Details)
- BCA Complaints: 1 complaint in the last 3 years (Details)
- BBB Rating: A+ (Details)
- BBB Complaints: 25 complaints in the last 3 years (Details)
- RipOff Report: 4 complaints in the last 3 years (Details)
- Complaints Board: 6 complaints in the last 3 years (Details)
- Yelp: (3 / 5) based on 28 reviews (Details)
- Trust Link: (5 / 5) based on 2 reviews (Details)
- Yellow Pages: N/A (Details)
- CitySearch: N/A (Details)
- Google+: (4.3 / 5) based on 7 reviews (Details)
- APMEX REVIEWS ON WEBSITE (Details)
- TrustPilot: (4.8 / 5) based on 7,647 reviews (Details)
- Facebook: (4.4 / 5) based on 624 reviews (Details)
APMEX Contact Details
- Customer Service: Monday-Thursday 8 A.M. – 8 P.M. and Friday 8 A.M. – 6 P.M.
- Phone: (405) 595-2100 (800) 375-9006 Fax: (888) 464-1258
- Address: 226 Dean A. McGee Ave., Oklahoma City, OK 73102
- E-Mail: email@example.com
Key Pages from APMEX’s Website
You can learn much more about APMEX and their various products and services by going to the company’s website on the following pages:
APMEX brings quite a lot to the table if you are interested in acquiring from their vast selection of gold, silver, platinum, and palladium bullion coins, bars, or even rare and commemorative coins. They also offer to buy (from clients) gold and silver coins at competitive prices. Their storage solution is transparent and reputable, offered at highly competitive storage prices and with no shipping and insurance fees for getting your product to the vault. We like the guarantee on fully allocated and segregated storage they provide as well as their various resources educating consumers on getting a Gold IRA set up for their retirement future.
Review All Gold IRA Companies Before You Buy
You need to review all of the various options before you execute a precious metals purchase in your own IRA investing strategy. It is important to be sure about the company you are doing business with where your money is concerned. Buying gold for your Precious Metals IRA is a critical decision. You can read full reviews of our other top ten best rated precious metals dealers and Gold IRA companies.