APMEX Reviews

Best Online Precious Metals Dealer

APMEX Reviews

APMEX Reviews
4.47

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APMEX Precious Metals Dealer Review

AMPEX has the greatest number  of 1 oz gold bar brands among the Best online dealers we reviewed. We base our evaluations on the reputation of the refiners of the product sold. AMPEX only deals with top name mints. But, in addition to having the greatest number of mints to select from it also charges the highest premium over spot price among the best online precious metal dealers. Also, the "price to your door" purchasing by CC/PayPal is a major factor contributing to our ratings, along with other services provided by the Dealer. 

For comparison, among all of the dealers, we randomly selected a bar carried by all those reviewed.

  • 1 oz PAMP Suisse Gold Bar (PAMP Design, New w/ Assay)
  • Contains 1 oz of .9999 fine Gold.
  • With assay card to guarantee the Gold metal weight and purity.

For premium price comparison all prices were documented when the gold spot price was $1,257.00 per ounce.

 

Pros

  • Selection of 55 top name 1oz gold bars
  • Lower Premium when purchased by check/wire transfer

Cons

  • $97.16 premium over spot when purchased with CC/PayPal

APMEX is a global organization having a presence in over 60 countries with hundreds of employees. It also has an excellent reputation for customer service. The company continually runs special discounts, and sales and is highly recommend by Consumer Products International product reviews. Based on our research of APMEX we find it to be a company you can buy from with confidence.

Like most precious metal dealers, it also sells silver, platinum, and palladium. For our product comparison reviews we chose to review only the “to your door” price of one 1 oz gold bar in order for you to get a sense of the premium markup charged by a company. But, when purchasing ay precious metal it is wise to research the product you are interested in with several dealers; due to the special discounts a dealer may be running for the day.

About investing in gold:

One-ounce (1 oz) Gold bars are recommended for investing in a physical product. There are countless gold bar designs and weights available from mints around the globe, but the 1 oz weight is the most popular. Of all gold products in the price range of a typical middle-class person, the one oz gold bar is the most affordable. This is the reason Consumer Products International product reviews chose this weight for consumers to compare.

The precious metal dealers we have extensively reviewed offer an array of gold products, bars down to the one-half (1/2) gram bar weight, to the “art value” numismatic collectible coin; which is not consider a sensible investment if your goal is to retain your buying power in times of high inflation. When you buy numismatic coins, you will pay excessively high prices for the actual gold content of the coin; gambling on a collector’s desire to pay an even higher price in the future. We refer to these coins as having an “art value”, because like fine art they are only worth what somebody else is willing to pay for it. And in times of runaway inflation, when you may need to sell gold, you could find that nobody is willing to pay for the “art value” of numismatic coins; only for the weight, and purity of the gold content.

All the precious metal deals reviewed sell the American Gold Eagle one-ounce (1 oz) coin. It is reportedly the most popular vehicle for investing in gold; due to it being issued by the U.S. Mint. As the premium on this coin run as high as $120.00 over spot, you must consider if “what is popular”, is a good investment for you?

Consumer Products International does not engage in Affiliate Marketing. You will never find a link in our reviews to the product. We gather documented facts and present them to you for your information. We give consumers an honest evaluation, not a sales presentation.