Money Metals Review
Money Metals has established itself as a leader in the bullion exchange industry, providing its customers with selling, buying, storage and even loan opportunities through a single platform. The company also provides market insights and educational materials to help individuals better understand the intricacies of precious metals investing.
Founded in 2010 and based in Eagle, Idaho, Money Metals offers a wide range of gold, silver, and platinum bullion products for sale online, with pricing that is highly competitive. Their extensive inventory includes coins, bars, and rounds, ensuring that they can meet the investment needs of all types of investors.
The company also features a secure, privately-owned depository that allows individuals to store their bullion in the United States for a relatively affordable price. The facility is located within the county sheriff’s office and insured by Money Metals Exchange. Alternatively, the company can store precious metals in other locations both inside and outside of the United States.
Another interesting service offered by Money Metals is their monthly accumulation plan, which allows investors to purchase a certain amount of precious metals each month, allowing them to diversify their portfolio over time. This feature is a great way for newer investors to get into the metals market without having to commit a large amount of capital upfront.
In addition to the monthly accumulation plan, Money Metals also offers an IRA program that allows investors to invest their retirement funds in precious metals. The company has a team of professionals who can guide investors through the process and answer any questions they may have.
Money Metals offers a variety of payment methods for its buyers, including e-transfers, credit and debit cards, wire transfers, checks, and even cryptocurrency. Customers can select the method of payment they would like to use on their checkout page, and the company will let them know if there are any restrictions or limitations associated with that particular method of payment.
While most of Money Metals’ reviews are positive, there are a few negative ones as well. One customer wrote that her package was lost or stolen while in transit, and the company did not respond to her inquiry for 11 days. This is an issue that should be addressed sooner rather than later, and it appears to be a common problem with mail services.
There are also some complaints regarding the quality of some of the products that Money Metals sells. One person wrote that her coin had blemishes and scratches, which was not ideal for an investment. This is an important point to keep in mind, but it is not a dealbreaker. The company explains that these coins are commodity coins, designed to be sold at a lower price point than the premium versions.
Overall, Money Metals is a safe and reliable option for individuals looking to buy or sell their precious metals. With a convenient website that makes it easy to browse and shop, as well as excellent customer support, the company is a top choice for those looking for a trustworthy dealer.