Money Metal Exchange is a dealer of bullion metals that helps investors and other customers to buy, sell or own precious metals. It offers a platform to own gold, silver, platinum, palladium, and other investment-grade metal as physical assets in a haven where it is kept and insured.
The company delivers a highly competitive price of bullions, a wide range of products to select, a low shipping fee, and an excellent customer experience. These attributes place the company ahead of other gold dealers.
Money metal exchange also offers an online platform (MoneyMetals.com) where investors can access their bullion and buy bullion assets using various means of payment, including credit or debit cards, electronic fund transfer, PayPal, and cryptocurrencies (Bitcoins and others), etc.
As well known, investing in gold, silver, and other precious metals is an excellent means of diversifying your portfolio and having a hedge over the volatility of the stock market and the devaluation of paper currency that may occur due to a stock market crash or political upheaval. Therefore, investing in these precious metals with a reliable dealer is essential.
Money Metals Exchange, a customer-centric organization that offers a highly competitive price of metals, personalized service with a scheme pathway for new and beginner investors to invest in precious metals, is a great organization to invest with if considering a precious metal investment.
The company presents an online platform where customers/investors can navigate to shop for bullions and coins in categories and weight. In addition, it offers an automatic saving plan starting from $100 per month and a pre-made portfolio for beginners to acquaint themselves with gold investment.
Also, Money Metals Exchange locks in your price for 10 minutes to allow you to input your personal information and your desired payment method for purchase. Furthermore, the company offers a free shipping scheme for all orders above $500 with a three-day return policy. A five percent restocking fee may apply on all orders from a credit card.
Consequently, as a metal dealer, the money metals exchange offers a buyback option that proves to be the highest among its competitors. The metals purchased and shipped are fully insured by Lloyd’s of London with a Class 3 vault for storage. Money Metals Exchange provides top-notch customer service via phone calls, live chats, or emails during business hours.
Money metals give price alerts for investors waiting for their price update to buy or sell.
Money Metals Exchange is suited for beginners and experienced precious metals investors. This company gives an avenue to anyone who wishes to invest in precious metals or wants to hold the value of their paper currency.
Money Metals Exchange | Summary |
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Products Offered | Gold, Silver, Platinum, Palladium |
Precious Metal Storage | Money Metals depository building |
Minimum Purchase | 1 g of Gold |
Fee Structure | Dependent on precious metals total value |
Shipping | Free. 5-10 Day Delivery Time |
Insurance | Fully Insured Shipments |
The exchange works basically on the principle of buying and selling precious metals. Below are the procedures involved in the buying and selling process.
Using the online platform to purchase precious metals is fast, safe, and easy. To purchase, visit the official website and click on the ‘Buy Silver’ or ‘Buy Gold’ or ‘Monthly Gold & silver Savings Plan’ tab on the website’s menu to access all products available for purchase.
Choose the item you want to purchase and click the ‘Add to Cart button’ for the product.
Note: To ensure simplicity, the platform allows you to purchase one item at a time, but if you wish to purchase more products, repeat the above process as many times as needed.
Once you’ve added the selected products to the cart and edited (if necessary), click the ‘Check Out’ button at the top right corner of the screen. Money Metal exchange holds the product’s price for ten minutes indicated by the timer on the upper right corner of the purchase interface. Input your full names, mail address, payment information, and shipping address to complete the check-out process.
You will receive a confirmatory email to validate your Money Metal Exchange order. After the order’s confirmation, you can expect your order within 1-5 days, depending on your storage location.
To sell your precious physical assets such as gold, silver, platinum, and palladium to Money Metal Exchange, endure you follow the following steps:
Call the exchange company during business hours on 800-1865 to get a buyback price from the representativesIf you agree with the price, lock the cost by confirming your orderCheck your mail to access the purchase order and follow the shipping instruction to send your order over to Money Metals Exchange.
Note: Ensure the product you offer for sale conforms with the company’s buyback guidelines, which include:
The product’s weight and purity should be on rounds and bars.The manufacturer’s name should be on the bars.
Money Metals Exchange holds an impressive collection of precious metals (gold, silver, platinum, palladium, rhodium, and copper) for customers/investors to invest. It also gives new investors and beginners an excellent metal collection as its starter kit. The starters kit is a silver-only portfolio containing four ounces (Oz) of fine silver with a current value of $144.49.
The Silver starter kit contains:
Money Metals Exchange holds an impressive collection of precious metals (gold, silver, platinum, palladium, rhodium, and copper) for customers/investors to invest. It also gives new investors and beginners an excellent metal collection as its starter kit. The starters kit is a silver-only portfolio containing four ounces (Oz) of fine silver with a current value of $144.49.
The Silver starter kit contains:
(1) American Silver Eagle 1 oz coin
(1) Canadian Silver Maple Leaf 1 oz coin
(1) Walking Liberty 1 oz round
(1) Walking Liberty 1/2 oz round
(5) Walking Liberty 1/10 oz rounds
The starter’s kit product content is established on the knowledge that the metals included are one of the widely traded bullions. They have a ‘low bid/ask spread value’ that makes them suitable for trade by barter in fiat currency devaluation or crisis.
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Money Metals Exchange recommends two ways to store your precious metal:
Firstly, you may store the precious metals in your home in a hidden and secure space where you can easily access them in case of an emergency.
Secondly, you can store your precious metal in a fully secure and insured depository. This exchange company provides this. To do this, open an account with the Money Metals Exchange on its online platform and confirm your order to be shipped to the Money Metals depository building.
The depository boasts a class 3 vault, and all items present are fully insured with Lloyd of London Insurance Policy.
In addition, the company charges an annual storage fee, depending on the value of the metal you are holding with them.
The minimum quantity of gold and other precious metal you can buy as an investor is one gram (0.032 troy ounces for gold).
In addition, the minimum purchase of gold and precious metals differs from one exchange company to another. Your investment budget and dealer’s transaction fee will determine your minimum purchase amount.
Precious metals IRAs usually attract one-time account fees and ongoing management fees. Therefore, before signing up, it makes sense to schedule a call with their call representative to get more information about setup fees, annual administrative fees, and storage fees.
Order Value | Shipping Amount |
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Up to $15,999 | $96 |
$16,000 – $99,999 | 0.59% |
$100,000- $999,999 | 0.49% |
$1 million – $2.9 millions | 0.39% |
Above $3 millions | Contact Money Metal Exchange directly for fee |
Order Value | Shipping Amount |
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Up to $149.99 | $6.97 |
$150 – $499.99 | $9.97 |
$500+ | Free |
All products purchased and shipped to your depository or stored with Money Metal Depository are fully insured with the Lloyd of London Insurance Policy. Fee inclusion may be possible, as stated in the tables above. Click here to visit their official website for more details.