A-Mark Precious Metals Review: Are they an A+ Company?

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!

What is A-Mark Precious Metals?

A-Mark Precious Metals Review

  • Name: A-Mark Precious Metals, Inc.
  • Website: https://www.amark.com/
  • Owner: Spectrum Group
  • Price: Not indicated
  • Rating: 4.6/5.0

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 of A-Mark Precious Metals

Here are some of the products that A-Mark sells:

Gold Products

A-Mark Precious Metals Review

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

A-Mark Precious Metals Review

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

A-Mark Precious Metals Review

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

A-Mark Precious Metals Review

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.

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On the other hand, here are the services that A-Mark Precious Metals offer:

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

Here are some of the reviews and ratings of A-Mark Precious Metals:

 

Click Here To See The Top Rated Gold Firm Of 2021!

What I LIKE About A-Mark Precious Metals

  • Detailed Products

Each of the products that they sell has a description of its design. They also indicate a little history about it, as well as the weight, denomination, size, and thickness.

  • E-commerce website

A-Mark uses an e-commerce website. However, it is only limited to people who have an account on their website so I am not very sure how the process goes.

What I HATE About A-Mark Precious Metals

  • Lack of Information

A-Mark Precious Metals does not disclose such information on its website. You need to call them to ask questions and apparently, to get answers.

  • They require minimum orders

The company has a minimum order requirement, but since they don’t disclose or reveal much information, you must call and speak with them first.

  • Limited mode of payment

A-Mark Precious Metals only accepts payment methods such as bank wire, cashiers, or certified check and cleared company checks.

Is A-Mark Precious Metals a Scam?

If we are going to look at their experience as precious metals wholesalers, they have been in the industry since 1965.

With that, they are NOT A SCAM.

However, from the looks of it, I think that A-Mark Precious Metals is not for everyone.

Upon looking at their profile, I would say that it is most appealing to dealers of precious metals and other small companies.

A-Mark is not for individuals like you and me who just want to invest money.

More so, they did not mention IRAs. So, if I am looking for someone to diversify my portfolio, A-Mark is not the one for me.

Final Thoughts

When we talk about investments, the best thing to do is to read and research. When we do this, we can get to know a company more.

Just like how we knew in this review that A-Mark is not for everyone, especially if you want gold and precious metals IRA.

However, worry no more! We know a company that goes well with ANYONE, and that is GOLDCO.

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Thank you for reading my review of A-Mark Precious Metals!

I hope you liked it! You can leave your comments below!