Welcome to my review of A-Mark Precious Metals!
First, have you heard of this company?
Do you want to know if they are an A+ company?
Are they really an A-Mark? Do they live up to their name?
If so, let us review this company and see what they really are!
Let's start our review of A-Mark Precious Metals!
A-Mark Precious Metals Quick Review
A-Mark Precious Metal Summary Review
- Name: A-Mark Precious Metal
- Website: www.amark.com
- Founder: Steven Markoff
- Cash Minimum: Not indicated
- Rating: 3.7/5.0
What is A-Mark Precious Metals?
A-Mark Precious Metals is a fully integrated platform that offers a wide range of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and other products. They sell it to wholesale and retail customers via a portfolio of channels.
Furthermore, they do their operations through the following:
- First, through Wholesale Sales & Ancillary Services wherein they distribute and purchase precious metal products from sovereign and private mints.
- Second, through Secured Lending wherein it operates through its wholly-owned subsidiaries, Collateral Finance Corporation (CFC) and AM Capital Funding.
- Lastly, through Direct-to-Consumer which operates as an omnichannel retailer of precious metals. It helps provide access to a multitude of products through its wholly-owned subsidiaries, JM Bullion and Goldline.
Mores so, A-Mark is located in El Segundo. They also have additional offices and facilities in the neighboring Los Angeles area as well as in Dallas, TX, Las Vegas, NV, Winchester, IN, and Vienna, Austria. They were founded in 1965.
Products and Services They Offers
Here are some of the products that A-Mark sells:
Gold Products
One of the gold products that they sell is the American Gold Eagle Coins which is the beauty and power of America. It depicts the graceful Striding Liberty design by Augustus Saint Gaudens for 1907-1933 $20 U.S.
They also offer the Krugerrand which is the most widely owned bullion coin in the world. It has the symbol of South Africa, the Springbok antelope.
More so, they also have Credit Suisse Gold Bar which is a 24 karat gold bullion bar that has been produced at the Valcambi refinery in Switzerland for more than 40 years. Credit Suisse bars are also available in a 10 oz size.
Silver Products
Aside from Gold Products, they also offer Silver Products.
One of which is the Royal Arms Silver and the 2019 Valiant Silver Coin from the Royal Mint.
A-Mark also sells Austrian Philharmonic Silver Coins, SilverTowne Lady Liberty, Royal Canadian Mint Silver Bars, and many more.
Platinum & Palladium Products
Aside from the usual gold and silver, they also offer platinum and palladium.
They have the American Platinum Eagle Coin which is known to be first minted in 1997. It is the first and only official investment-grade platinum coin from the U.S. Mint.
A-Mark also has the Royal Canadian Mint Platinum with a single maple leaf design and the effigy of Her Majesty Queen Elizabeth II.
Exclusive Products
Aside from what was mentioned, they also sell exclusive products!
One of the exclusive products that they sell is Saint Helena 10 pound official legal tender coin. It weighs 250 grams and it is 0.999 fine silver. Its design includes Queen Elizabeth II.
A-Mark Precious Metals also offers the Queen's Beast- White Lion of Mortimer, the Buffalo Copper Round, and many more.
How They Work?
Getting started with A-Mark and accessing their exceptional range of services is easy and convenient. As a customer, you can take advantage of their supplementary offerings, which include secure storage for your precious metals and coins, as well as receiving, handling, inventorying, processing, packaging, and shipping. These seamless operations are efficiently handled by their wholly-owned subsidiary, SilverTowne Mint, enabling A-Mark to offer you a diverse selection of unique coins and bars. What's more, during market downturns when silver bullion from sovereign mints may be restricted, A-Mark ensures preferred product access for its customers.
To kickstart your journey with A-Mark Precious Metals, there are three simple ways to get in touch:
- Visit their website: Head over to their website for easy online access to their products and services.
- Call them at (310) 343-4339: For a more direct approach, you can reach out to them via phone.
- Visit their physical address: If you prefer face-to-face interactions, you can find them at 2121 Rosecrans Ave Suite 6300, El Segundo, CA 90245, USA.
Delivery & Storage Services Worldwide
A-Mark Precious Metals offers delivery and storage services.
They maintain a depository relationship in major financial centers throughout the world.
Forwards/Spot Deferred
Through this service, they provide qualified customers (commercial counterparts who are precious metals professionals) with discreet, privately negotiated dealings.
Market Making
Order Execution
A-Mark offers services wherein when a customer wants to buy or sell bullion or bullion products at a price different from the current market trading price, A-Mark will usually accept and execute the order if and when the current market trading price changes sufficiently to allow execution.
Leases & Consignments
More so, A-Mark Precious Metals offers commercial counterparts secured inventory financing in the form of precious metals leases and consignments with competitive rates and terms.
Reviews and Ratings of A-Mark Precious Metals
A-Mark Precious Metals is an established company with a long history, yet it lacks significant online ratings and reviews. Here's what you can discover:
- Better Business Bureau (BBB) has not accredited them and rated them.
- On Yelp, they hold a 3.7 out of 5 rating based on 6 reviews.
- Business Consumer Alliance (BCA) gives them an AA Rating.
So, if you're considering investing in A-Mark Precious Metals, it's essential to take into account these available ratings and reviews to make an informed decision.
What I Like About A-Mark
• They are an authorized seller of gold, silver, and platinum coins by the U.S. Mint.
• A wide range of products and services are offered to cater to diverse needs.
• Their own mint ensures a steady supply of products, even during times of market volatility.
• With almost 60 years of experience, they boast a long-standing reputation.
• Their website provides valuable information, including FAQs, charts, and more.
What I Don't Like About A-Mark
• Customer service is lacking, as there is no live chat feature on their website.
• Limited reviews and ratings are available for reference.
• They are not accredited by the Better Business Bureau (BBB).
• Information about the firm's management team or owners is scarce.
• IRAs are not offered, potentially limiting investment options.
• They lack an e-Commerce store, which may affect user convenience.
• Negative reviews on Yelp raise concerns about their overall performance and the reviews are already old.
Are They an A+ Company?
Curious to know if A-Mark Precious Metals lives up to the hype and truly deserves A+ rating? Well, let me tell you, after diving into their offerings and customer reviews, it shows that they have a reputable presence in the precious metals industry but not considered as an A+. Since they have limited customer review. This doesn't necessarily mean they are not a reliable company, but it's essential to dig deeper and explore further to make an informed decision.
Final Thoughts
A-Mark Precious Metals is an established company with a long history in the precious metals industry. While they offer a diverse range of products and services and have their own mint, their reputation is not backed by an A+ rating due to limited customer reviews and ratings. If you're considering investing with them, it's important to conduct thorough research and make an informed decision.
Since you are seeking a reliable and highly rated gold investment option, I recommend checking out Goldco. Their exceptional customer satisfaction and reputation in the market make them a strong contender for your precious metal investments.