APMEX Promotions for Gold Bars and Coins:
As has been covered on this site in the past, buying gold online (through an online GoldMoney account) is a good way to protect your hard earned cash against loss through (both identity theft and) inflation. We’ve also recommended having something physical of value, in case your bank account is hacked or depleted, and the bank takes it’s time getting back your money.
This article is a review of why you might want to choose APMEX as the place you do your buying of physical gold and silver.
APMEX is short for the American Precious Metals Exchange.
Reviewing the history of APMEX online, it’s easy to discover that they frequently offer great promotions and coupon codes for gold and silver (as well as palladium and platinum), and sometimes also offer free shipping.
APMEX does offer promotions which cover over 3,500 precious metals products in it’s catalog. These include gold, silver, platinum, and palladium. Their promotion codes aren’t always available, so you have to know the places to go to find them, at the right times. This site is one of those places.
APMEX has been promoted through the ranks of smaller silver and gold dealers, cracking the code for success in the precious metals industry.
They have become one of the most known and trusted names anywhere in the world, when it comes to buying gold and silver.
APMEX has successfully run promotions in the past which have earned them an “A+” rating from the Better Business Bureau.
APMEX is also one of a very select few companies (15 or less) anywhere in the world, where you can buy precious metal products through just one reseller, directly from the United States Mint.
Historically, promotions for gold or silver purchases have involved multiple resellers in the sales process, but APMEX was created (and continues) to be a place where investors can diversify their portfolios with US Mint gold, silver, platinum and palladium, and do so outside of the typical chain of resellers.
APMEX has also worked to be the place people go when they want to buy gold and silver products not created by the USMint, including buying gold and silver rounds.
Gold and Silver Rounds
Gold and silver rounds are pure precious metal products (usually in the shape of a circle or coin), which are often stamped to look like official coins.
While rounds are not technically currency (currency is what you can use to buy things at the store), rounds do hold 100% of the value of whatever metal they are cast in.
This means that a 1 oz. silver round is worth whatever 1 ounce of silver is currently worth, and a 1 ounce gold round would be worth whatever 1 ounce of gold is worth.
Gold rounds are less common, because there are numerous coins minted from pure gold all over the world, coins that also have legal currency face value.
It is nice to be able to get gold and silver rounds through APMEX at lower prices than typically found through other gold and silver sellers.
And many times, Apmex prices are lower because you are buying their gold or silver through one of their promotions.
There are many gold dealers in the marketplace. And (as we’ve already seen with gold and silver ETF’s), as gold and silver rise in the next 2-7 years, there will be more gold deals and opportunities to buy precious metals.
People will enter the marketplace promoting themselves as “official” gold and silver sellers. But they will really just be opportunistic people, acting because they see an opportunity.
And (as we know from previous posts on IdentityTheftSecrets), people who are pursuing a business ONLY because it’s an opportunity, are sometimes not the best people to be working with.
Opportunity seekers can be dangerous to work with when their methods aren’t backed up with a strong philosophy of service to their customers.
In short, if you work with unlicensed gold dealers, or people who have only worked in the gold and silver marketplace for a few months or less than a year, you won’t know if those people are legitimate or not.
APMEX is legitimate.
One thing I like about Apmex is that they don’t make guarantees about having the lowest price.
The reason I like this?
Apmex is not just feeding you a line, like many other people do.
They are telling you that they are constantly working to be competitive, but might not always be the absolute cheapest.
But it is good to know (when you are buying gold from them), that APMEX keeps their fees and other charges up-front.
What you are seeing on their site is what you will be receiving.
The only additional fee is a shipping charge (which you will also see before finalizing your order).
And from time to time, APMEX will even offer free shipping promotional codes.
Regardless of whether or not you get free shipping from APMEX, you’ll be able to see it defined while you’re ordering, and you’ll know exactly what you’ve been charged in both fees and shipping.
Try as we might, we couldn’t find much in the way of legitimate complaints about Apmex.
They have been in business for a long time.
They have run some very successful promotions and offered great promotion codes over the years. They’ve been able to handle the demands that those promotions put on their own supply, and come out of it a stronger company.
Apmex Relationships and Associations
In order to belong to certain groups, you have to be a legitimate organization.
They just don’t let you join those groups if you’re not legitimate.
APMEX is an active member in both the The Industry Council on Tangible Assets (ICTA), and the American Numismatic Association.
These are reputable organizations that deal with the buying and selling of many kinds of coins (including gold and silver). They’re long-established companies working to protect rights and help people to invest for coins and tangible assets.
Apmex is also an active member and dealer of PCGS & NGC Grading services. These are also known and established organizations which help standardize and verify the grading of gold and silver coins.
American Precious Metals Exchange APMEX seems to really offer great prices for buying gold online. They do work hard to help make it easy for people to diversify and own silver and gold..
They believe in the philosophy of holding a minimum of 10% of your assets in precious metals such as gold, silver, platinum or palladium. Right now, a higher percentage would be a good idea. Gold and silver are hedges against economic uncertainty and inflation. Unless you’ve been hiding under a rock, those are major concerns of every financial analyst in the western world right now.
APMEX is available in person, or purchases of gold and silver can be made online 24 hours a day, seven days a week.
Apmex is rapidly becoming a big leader in the precious metals market because they are able to sell for less.
This concludes our Apmex review.
Suffice to say that we’re in favor of opening account with and using Apmex
APMEX Promotions for Gold Bars and Coins:
Article by Jonathan Kraft