Welcome to my review of CBMint!
Have you heard of this company?
Is this really the best place to buy gold and silver online?
Instead of intangible investments, such as gold exchange-traded funds, investors looking to enjoy the touch, feel the security of owning gold may wish to buy gold and silver bars.
If so, let’s get to know CBMint and if we can trust them in our gold and silver purchases!
What is CBMint?
- Name: CBMint, LLC
- CEO/Owner: Mr. Sante Santhanam Chary
- Website: https://cbmint.com/
- Price: $500 minimum
- Rating: 3.6/5.0
CBMint is a premier online precious metals retailer, based in the USA and headquartered in Plano, Texas.
They take pride as the best place to buy gold and silver online.
Physical, investment-grade gold, also referred to as gold bullion, can be purchased at cbmint.com spot price, which is the price of un-fabricated gold plus additional costs.
Physical gold, which is gold in bars can be liquidated in the unexpected event of a total economic crisis. Buying silver and gold bars is the most standardized way of directly owning physical gold.
Before buying silver and gold bars online you need to make sure that this is the best place to buy gold and silver online.
Cbmint takes pride as the best place for buying silver and gold.
Why Should you Buy Gold in Bars and Coins
It will help you to earn a good amount of profit after investing money in buying gold bullion coins and bars.
If you check, you can find that there are many well-known businessmen including the topmost celebrities who have strengthened their financial condition by dealing with pure gold coins.
More so, gold, despite being often less valuable per ounce than platinum, is considered by most investors to be the ultimate precious metal. After silver, gold is the most commonly traded precious metal.
Furthermore, physically owning gold bullion is a strong defense against inflation and currency devaluation.
Additionally, smart investors looking to make a quick profit often buy and sell gold bullion quickly, taking advantage of sudden market upticks.
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Products of CBMint
Gold Products
Their gold products include:
- 2021 1 Ounce American Gold Eagle
This is the newest issue in the iconic American Gold Eagle series.
It is also first manufactured in 1986 by the United States Mint, Gold Eagles are produced in four different sizes, but the 1 ounce Gold Eagle, is by far the most common. The purity, gold content, and weight of the 1 oz Gold Eagle are fully guaranteed by the United States Mint.
- PAMP Suisse 5 Gram Gold Bar
These Lady Fortuna 5 Gram Gold Bars are among the smallest gold bars manufactured by PAMP Suisse, a leading refiner of precious metals.
More so, all PAMP Suisse gold bars are independently assayed by the Swiss government, ensuring full quality and authenticity.
- Credit Suisse 1 Ounce Gold Bar
This is universally recognized as a benchmark for quality gold bullion.
Furthermore, it is individually assayed by a Swiss Federal Inspector, each Suisse 1 oz gold bar is encased in a protective assay card, guaranteeing both product quality and authenticity.
Silver Products
Here are some of the silver products of CBMint:
- Random Year 1 Ounce Canadian Silver Maple Leaf
This is the newest installment in one of the most successful bullion coin series in the world.
More so, it is manufactured from 99.99% pure silver instead of the industry-standard 99.9%, the 1 Oz Silver Maple Leaf has the highest silver purity of any standard-release silver bullion coin.
The Silver Maple Leaf is also a legal tender in Canada and carries a face value of 5 Canadian Dollars
- Royal Canadian Mint 100 Ounce Silver Bar
The RCM 100 Ounce Silver Bar is a large silver bullion bar manufactured by the Royal Canadian Mint, the official mint of Canada.
Palladium Products
The palladium products of CBMint includes:
- 1 Ounce Canadian Palladium Maple Leaf
First minted in 2005, the 1 Ounce Canadian Palladium Maple Leaf is one of the very few palladium bullion coins issued by official government mints.
Furthermore, it is manufactured for only a few years and only in the 1 troy ounce size, the 1 Ounce Palladium Maple Leaf is another top-quality product produced by the Royal Canadian Mint, one of the leading manufacturers of precious metals bullion in North America.
- 1 Ounce Palladium Bar
The bar is an extremely fine bullion product manufactured by London-based Baird and Company, one of the best precious metals refiners in the world.
More so, this Baird 1 oz Palladium Bar is stamped from 99.95% pure palladium and is placed in a hard and protective assay card, thereby ensuring product quality and authenticity.
Rhodium Products
Here are the rhodium products that they offer:
- Rhodium Bar 1 Oz
The Baird Mint 1 Oz Rhodium Bar is one of the small numbers of rhodium bullion products on the market.
Self-Directed Precious Metals IRA
With CBMint, you can have the ability to use precious metals to fund Individual Retirement Accounts or IRAs.
Precious IRA Metals are self-directed IRAs, meaning that you, the investor, chooses the actual IRA-approved products which go into your account.
More so, CBMint has partnered with The Entrust Group, one of the most trusted IRA custodians in the United States.
You can have a precious metals IRA by:
- First, open and fund a Self-Directed IRA
- Next, purchase precious metals to fund your IRA
- Lastly, CBMint ships your precious metals directly to a depository
Reviews and Ratings of CBMint
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What I LIKE About CBMint
Free and Cheap Shipping Fees
Shipping on CBMint orders to the Continental United States is absolutely free.
However, shipping to Puerto Rico, Alaska, Hawaii, and PO Boxes is as follows:
- Less than $100: $5.95 – (Including Delivery Confirmation and Insurance)
- $100 – $2,499: $9.95 – (Including Delivery Confirmation and Insurance)
- $2,500 – $4,999: $40 – (Including Signature Confirmation and Insurance)
- $4,999 – $9,999: $80 – (Including Signature Confirmation and Insurance)
- $10,000 – $14,999: $100 — (Including Signature Confirmation and Insurance)
- $15,000+ : $160 – (Including Signature Confirmation and Insurance)
Simple Buying Experience
Their checkout process is simple, secure, and flexible.
They also give users the option to use any of the various payment methods available.
More so, Shipping and Insurance on CBMint bullion purchases are always free to addresses within the continental United States.
Industry-Leading Security
CBMint uses the latest in encryption technology to ensure a secure and safe shopping experience.
Furthermore, They value your privacy and only collect the necessary information to complete your purchase.
What I HATE About CBMint
Limited Payment Methods
Here are the payment methods that are available for CBMint:
- Paper Checks, Cashiers’ Checks, and Money Orders
- Minimum: $
- Maximum: $50,000
- Discount? Yes – 4%
- Bank Wire Orders
- Minimum: $1000
- Maximum: $150,000
- Discount? Yes – 4%
Mixed Reviews
There are positive and negative reviews with CBMint.
Sometimes they offer good customer service, sometimes they don’t.
So, I’m not so sure if we can trust this company.
Minimum Orders
CBMint has a minimum order.
Apparently, THEY DO NOT PROCESS ORDERS BELOW $500.
Is CBMint a SCAM?
CBMint is NOT A SCAM.
However, they have a lot of bad reviews.
It is kind of confusing if we should trust a company that has a lot of bad reviews.
So, this is not a recommendation.
Final Thoughts
When it comes to precious metals and IRAs, I can only think of one company to trust, and that is GOLDCO.
Goldco is a leader in the precious metals industry, with over a decade of experience helping customers protect their retirement savings.
If you have an IRA, 401(k), 403(b), TSP, savings, or similar tax-advantaged retirement account, a Goldco Specialist can help you protect those assets with a Precious Metals IRA.
You may learn more about them by clicking below!
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