What is APMEX?

Jeremy BiberdorfBy: Jeremy Biberdorf

April 18, 2023April 18, 2023

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APMEX, or the American Precious Metals Exchange, is a leading online precious metals dealer that has established itself as one of the most trusted and reputable names in the precious metals industry. With over two decades of experience in the field, APMEX has built a reputation for providing a wide range of precious metal products, competitive prices, and exceptional customer service to both new and experienced investors.

The banking crisis and high inflation rates have made many investors wary of traditional investment options. In this uncertain financial climate, precious metals have emerged as a popular alternative investment option due to their intrinsic value and historical stability. APMEX is well-positioned to meet the growing demand for precious metals, offering a wide range of products including gold, silver, platinum, and palladium coins and bars.
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Company Background: The Story Behind APMEX

APMEX was established in 1999 by Scott Thomas with the vision of providing a transparent and user-friendly platform for buying and selling precious metals. Headquartered in Oklahoma City, Oklahoma, APMEX has since grown to become a trusted source for gold, silver, platinum, and palladium coins and bars, offering a wide range of products from renowned mints worldwide.

With a strong focus on customer service, APMEX has assembled a dedicated numismatic team, comprising experts in coins and precious metals, ensuring that customers receive unmatched product quality and assistance. The company’s commitment to excellence has earned it a strong reputation in the industry, with thousands of positive reviews from satisfied customers.

APMEX: A Comprehensive Precious Metals Dealer

APMEX offers a wide variety of products, including gold coins, silver coins, gold bars, platinum coins, and IRA-eligible products. Customers can find offerings from renowned mints, such as the US Mint, Royal Canadian Mint, PAMP Suisse, and the South African Mint, among others. APMEX’s extensive product lineup ensures that investors have access to a diverse range of precious metal products, catering to their unique preferences and needs.

In addition to its unmatched product quality, APMEX provides customers with real-time spot prices, allowing them to make informed decisions based on current market conditions. The platform also offers a unique Price Alerts feature, which helps customers stay informed about price fluctuations and capitalize on favorable market conditions.

Payment Methods and Fees

APMEX offers a variety of payment options for customers, including credit cards, wire transfers, and other forms of payment. Wire payments typically have lower fees compared to credit card transactions, allowing customers to save on their purchases. Payment processing times may vary depending on the chosen method, but most orders are processed within one business day.

According to their website, due to “unprecedented demand” they are temporarily requiring a $250 minimum order.

Shipping and Insurance

APMEX takes great care in shipping precious metals to its customers, ensuring that all orders are securely packaged and insured. Shipping fees vary based on the size and value of the order, but customers can often take advantage of free shipping promotions for eligible purchases. APMEX’s insurance policy covers the full value of the items shipped, providing customers with peace of mind during the delivery process.

APMEX Club and Customer Service

To reward loyal customers, APMEX has introduced the APMEX Club, a loyalty program that offers various benefits, such as exclusive promotions, discounts, and access to limited-edition products. Customers can also rely on the exceptional customer service team at APMEX to assist with any questions or concerns they may have regarding their precious metals investments.

Storage Options and IRA-Approved Products

For customers who prefer not to store their precious metals at home, APMEX offers secure storage solutions through partnerships with reputable storage facilities. Storage fees are based on the value of the stored assets and vary depending on the chosen facility.

Additionally, APMEX offers a wide range of IRA-approved products, allowing investors to include precious metals in their retirement portfolios.

Investment Strategies for Precious Metals

When it comes to precious metals investing, there are several strategies that investors can adopt to meet their financial goals. Understanding these strategies can help you make informed decisions and manage your investments effectively.

  • Buy and Hold: This strategy involves purchasing precious metals with a long-term perspective, intending to hold the assets for an extended period. Investors who choose this approach believe in the long-term value and stability of precious metals, viewing them as a hedge against inflation, currency devaluation, and economic uncertainty.
  • Dollar-Cost Averaging: Dollar-cost averaging is a strategy where investors purchase a fixed dollar amount of precious metals at regular intervals, regardless of the current market price. This approach allows investors to accumulate precious metals over time while reducing the impact of market volatility on their investments.
  • Trading: Some investors prefer a more active approach to precious metals investing, trading in and out of positions based on market conditions and price fluctuations. This strategy requires a thorough understanding of the precious metals market and technical analysis, as well as a disciplined approach to risk management.
  • Portfolio Diversification: Many investors choose to include precious metals in their portfolios as a means of diversification. By allocating a portion of their investment portfolio to precious metals, investors can reduce their overall portfolio risk, as precious metals often have a low or negative correlation with traditional asset classes such as stocks and bonds.
  • Retirement Planning: Investors can also consider including precious metals in their Individual Retirement Accounts (IRAs) as a long-term investment strategy. APMEX offers a wide range of IRA-approved products, allowing investors to diversify their retirement portfolios and protect their wealth from potential economic downturns.

When investing in precious metals, it’s essential to carefully consider your financial goals, risk tolerance, and investment horizon. By understanding different investment strategies and working with a reputable dealer like APMEX, you can make informed decisions that align with your unique investment objectives.

What is APMEX – Final Thoughts:

APMEX is a comprehensive precious metals dealer offering a wide variety of gold, silver, platinum, and palladium coins and bars to suit the needs of investors. With its competitive prices, unmatched product quality, and exceptional customer service, APMEX has established itself as a trusted and reliable source for precious metals investments.

APMEX’s extensive product offerings, real-time spot prices, and user-friendly platform make it an ideal choice for both new and experienced investors. Its commitment to customer satisfaction, industry knowledge, and secure shipping and storage options further enhance the overall experience for its customers.

If you are looking for a reputable and reliable precious metals dealer with a wide range of products, competitive prices, and outstanding customer service, APMEX is worth considering. Explore their platform and see if it’s the right fit for your investment needs.

Click here to get started with APMEX today.

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Jeremy Biberdorf
Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He's a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

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