APMEX (American Precious Metals Exchange) Review

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APMEX (American Precious Metals Exchange)
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  • Quality
    Editor: 90%
  • Customer Support
    Editor: 90%
  • Pricing & Fees
    Editor: 90%

APMEX (American Precious Metals Exchange) Review Summary:

Founded in 2000, APMEX (American Precious Metals EXchange) is one of the largest precious metals dealers in the United States. The company boasts a genuinely humongous catalog of available products, including the most popular IRA-eligible bullion coins and bars. Clients have the option to select from one of five reputable companies for custodial services of their Precious Metals IRA. In addition, storage is provided by Brink's Global Services. It should be noted that there have been several complaints regarding the company’s buyback prices.

Disclosure: Our content does not constitute financial advice. Speak to your financial advisor. We may earn money from companies reviewed.  Learn more

Company Info & Background

American Precious Metals Exchange or APMEX (www.apmex.com) is a precious metals dealer headquartered in Oklahoma City, Oklahoma. Founded in 2000, the firm also acts as a Precious Metals IRA company. There is a gargantuan catalog of available gold, silver, platinum, and palladium products – both IRA-eligible and rare coins for investors or collectors.

Additionally, retirement savers wishing to establish a Precious Metals IRA have the option of five reputable custodial service companies. APMEX Capital provides expert assistance throughout the straightforward process.

The company website also provides a thoroughly comprehensive Resources section, designed to educate and inform clients. Within the Resources section, there exists an “Education Center” subsection, providing everything FAQs to market news, to updated daily precious metals spot prices.

APMEX Management Team

Founder and President – Scott Thomas

Scott Thomas founded APMEX in 2000, as is the current president of the company. With Thomas at the helm, APMEX has become one of the largest precious metals dealers in the United States. In 2009, Thomas was the recipient of the esteemed Presidential Award American Numismatic Association, the largest and most distinguished numismatic organization on Earth.

APMEX Custodian and Storage

Clients have the options of selecting from five of the most respected custodial services for the creation and maintenance of Precious Metals IRAs: Equity Trust, STRATA Trust Company, GoldStar Trust Company, The Entrust Group, and Kingdom Trust Company.

Secure storage of precious metals is provided by Brink's Global Services at its state-of-the-art facilities.

APMEX Products

APMEX boasts a truly gargantuan selection of gold, silver, platinum, and palladium products. For instance, the website indicates that there are 594 available gold products, 1,537 available silver products, 75 available platinum products, and 3 available palladium products. Moreover, the company has a selection of tens of thousands of products that can potentially be purchased once they become available. Depending on preference, there is a vast catalog of bullion coins, bars, and rounds, in addition to rare coins and commemoratives. Additionally, for collectors there is an enormous selection of American and global currency, jewelry, copper, and even exonumia.

All of the most popular IRA-eligible coins are available for retirement savers. Each of the thousands of available items has prices conveniently listed on the website. 

 

View more APMEX products here.

APMEX Precious Metals IRA Info

CompanyAPMEX (American Precious Metals Exchange)
Annual CostVariable
Scaled or Flat Fees? Flat Fees
Partnered Storage VaultBrink's Global Services
Partnered Custodians Equity Trust CompanyEquity Trust Company, STRATA Trust Company, GoldStar Trust Company, The Entrust Group, and Kingdom Trust Company
Metals Available Gold, Silver, Platinum, and Palladium
Years in Business21 years (2000)

APMEX Reviews, Ratings, and Complaints

  • BBB Complaints: 78 complaints in the last 3 years (Details)
  • BCA Complaints: 3 complaints in the last 3 years (Details)
  • RipOff Report: 21 complaints in the last 3 years (Details)
  • Complaints Board: 6 complaints in the last 3 years (Details)
  • Yelp: 3 out of 5 stars (3 / 5) based on 27 reviews (Details)
  • TrustLink: 5 out of 5 stars (5 / 5) based on 2 reviews (Details)
  • Yellow Pages: Profile  (Details)
  • Trustpilot: 3.5 out of 5 stars (3.5 / 5)  based on 7,753 reviews (Details)

 

APMEX Contact Information

  • Phone: (800) 375-9006 or (405) 595-2100 Fax: (888) 464-1258
  • Address: 226 Dean A. McGee Ave., Oklahoma City, OK 73102

 

Review All IRA Options Before Investing

It is essential to carefully consider the different precious metals companies available, prior to making any purchases as part of your IRA investment strategy. In addition to its overall reputation, be mindful of a company’s bullion prices, policies, practices, and most importantly, storage fees for precious metals.

APMEX (American Precious Metals Exchange) Review Summary

Founded in 2000, APMEX (American Precious Metals EXchange) is one of the largest precious metals dealers in the United States. The company boasts a genuinely humongous catalog of available products, including the most popular IRA-eligible bullion coins and bars. Clients have the option to select from one of five reputable companies for custodial services of their Precious Metals IRA. In addition, storage is provided by Brink's Global Services. It should be noted that there have been several complaints regarding the company’s buyback prices.

Phone: (800) 375-9006
Website: https://www.apmex.com/

Editor rating
Rated 3.5 stars
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