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Money Metals Exchange Review

Money Metals Exchange Review

Long before paper money was our currency of choice, metals were used for buying and trading. The history of metals as currency goes back to the beginning of time. Even today, while they might not be used as currency in the same way, the buying and selling of precious metals continue to be a popular investment strategy, especially in our current market. One of the companies at the forefront of the precious metals and bullion market is Money Metals Exchange.

Keep reading this Money Metals Exchange review to learn more about the company and decide if they are the right company for you and your precious metal and bullion needs.

What is Money Metals Exchange?

Founded in 2010 by Stefan Gleason, Money Metals Exchange is a national precious metals and bouillon investment company and news service. The company boasts over 500,00 readers and over 250,000 customers that buy, sell, and trade precious and investment-grade metals.

Gleason launched the company in 2010 in response to the growing number of coin collectors and shop owners who were marking up their products simply by claiming that their coins were “rare”.

Today MoneyMetals.com is one of the largest online precious metal retail outfits. They provide investors and collectors with direct access to precious metals at the lowest possible price.

How Does Money Metals Exchange Work?

This platform allows its customers to buy and sell precious metals. They aren’t just an exchange platform though, they also offer storage accounts.

A storage account is exactly what it sounds like. You make a purchase and instead of shipping to you, it is stored in their vault. Each item is given a serial number so that you can keep tabs on it as well.

There is a storage fee, but it is minimal when you compare it to the peace of mind and security that you will receive by storing in a vault.

Buying

Customers can browse the website and select the products they are interested in. Money Metals Exchange accepts payments in the form of:

  • Credit/debit
  • Check
  • Wire transfer
  • Electronic funds transfers
  • Cryptocurrencies

Making a purchase on the Money Metals Exchange website is similar to making a purchase on other online retail websites. Money Market Exchange will get you your products in 1-5 days depending on location.

Selling

For those looking to sell their precious metals through Money Metals Exchange, they make that process easy as well.

You simply call their 1-800 number during business hours and request a quote for what you are looking to sell. If you are happy with the quote you got, you simply agree to the terms to lock in the price. From there, shipping instructions will be sent to you via email. Once Money Metals Exchange receives your product or products, they verify its legitimacy through a third-party provider. Then, they will release the payment.

What Metals Do They Work With?

Money Metals Exchange buys and sells a wide variety of precious metals including:

  • Gold
  • Silver
  • Platinum
  • Copper
  • Palladium
  • Rhodium

Money Metals Exchange deals with these metals in all shapes, sizes, and varieties including:

  • Coins
  • Bars
  • Fractionals
  • Bullets
  • Rounds

Is Money Metals Exchange Legit?

Awarded an A+ rating by the Better Business Bureau, Money Market Exchange is 100% legit. All information you provide them is completely safe. They do not and will not disclose any of your information to anyone but you.

Additionally, they will not voluntarily disclose any of its client information to any government official or law enforcement agency. This includes transaction information.

As another way to ensure that your private information doesn’t end up in the wrong hands, their website uses Secure Socket Layer (SSL) technology to encrypt all personal information. This includes names, addresses, phone numbers, and credit card information.

Are You Interested in Money Metals Exchange After Reading This Review?

Whether you are new to the precious metals game and are looking for some diversification of your portfolio or you are looking to add to your collection at a fair price, this might just be the perfect online precious metals company for you.

Their prices are very competitive when it comes to buying. Plus, when you are ready to sell, they will give you top dollar. Especially in comparison to their competitors. For more information on Money Metals Exchange, or to begin browsing their online catalog, visit their website by clicking here.

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