Welcome to my Monarch Precious Metals Review!
Is it a scam? What do people think about this company? Is this company worth your trust?
It is best to get to know a certain company before you invest your hard-earned money in it!
Plenty of questions to answer! So, let's begin!
Monarch Precious Metals Quick Summary
- Name: Monarch Precious Metals
- Website: https://www.monarchpreciousmetals.com/
- Founder: Daniel Anthony
- Price: No minimum order
- Rating: 2/5
What is Monarch Precious Metals?
Monarch Precious Metals is a company that was established way back in 2008. They have been founded to meet the increasing demand for gold and silver bullion.
The company manufactures poured style bars and style with vintage markings or the old-fashioned way.
This gives them a rustic look that collectors love!
Monarch Precious Metals also offers rounds and bars for investors looking for a more polished product.
Their headquarters can be found in Medford, Oregon.
Products Offered by Monarch Precious Metals
Unlike other precious metals companies, Monarch Precious Metals does not state that they do Gold or Precious Metals Individual Retirement Accounts (IRA).
They focus on selling actual precious metal products.
Some of the products they offer are:
- Adult Novelty Silver
- Specialty Silver
- Silver Rounds
- Silver Bars
The company's refinery has a stellar reputation in the silver industry, which is why the metal is the company's primary focus.
Additionally, they provide a diverse selection of items for you to pick from, such as bars, rounds, novelties, and specialized items.
Furthermore, the silver bars are coined in the shapes of scary skulls, building blocks, and other interesting designs that are sure to attract your eye.
Additionally, they offer a wide variety of circular sizes and shapes, including the uncommon zodiac, fractional, and gigantic formats.
The other item offered by the business is gold in the form of rounds and bars. Each set of rounds is branded with the company's name and emblem. The quality of the minting and sealing makes it unlikely that they will be destroyed in transit.
Though this evaluation is totally subjective, I find the bars to be rather small.
Although copper is mined in the same locations as the aforementioned precious metals, it is not commonly referred to as a valuable metal. However, copper ore is much less expensive.
Moreover, copper only appears in three distinct shapes: a sphere, dice, or domino. Fortunately, there are a number of different zodiac signs depicted on the Monarch Precious Metal rounds.
So, there are pure copper and refined silver presents you can acquire for your loved ones on important occasions.
Spinning top toys, Bigfoot coins, 3D minted baseballs, and custom engraved poker chips are just some of the most unique silver presents.
To contrast, copper presents are only available as zodiac circles and don't offer much variety. If you're interested in astrology, you might be impressed by these rounds, each of which features a different zodiac sign.
This gift is sure to pique the interest of coin collectors everywhere. Many different types of United States coins are available here. For instance, you can purchase a bag containing five thousand cents worth of assorted dates. These dates span the years from 1909 to 1958.
Be aware that you can purchase bags containing simply wheat cents or a combination of rolls, bags, and wheat cents.
Then, you can select from the variety of pennies that were issued before 1940. There isn't a ton of data available on these coins, so you might have lot do some digging to find out everything there is to know about them.
Supplies and accessories for your precious metals like Plastic Air Tight Capsule, Genuine Leather Storage Bag Drawstring Pouch, and many more!
As a final touch, the company provides coin collectors with specialized products such as coin folders, albums, tubes, guidebooks, sealed capsules, and leather storage bags. The high-quality leather mats are a hit among domino players who use copper pieces.
They sell 1-gram gold rounds that have a marking on the front that says "one gram .999 fine gold".
Currently, the company does not offer gold bars online, but Monarch does have silver bars.
Along with their products, they also offer free shipping and premium insurance when you buy precious metals from them.
Monarch Precious Metals: Ratings and Reviews
Here are some of key points of the ratings and reviews of Monarch Precious Metals:
They are not accredited by the BBB, however, they are rated with an A+ with a 3/5 rating from 2 customer reviews
Other than that, no trusted websites have reviews and ratings about this company
They are a verified merchant of Authorize.Net, SecureTrust, and Network Solutions
What I Like About Monarch Precious Metals
Here are some of the reasons why I like Monarch Precious Metals upon visiting their website:
They offer a lot of products
Monarch Precious Metals offers gold, silver (including specialty silver products), copper, gift ideas, and even supplies and accessories for your precious metals!
With this, you'll have plenty of options to choose from when buying precious metals! Who doesn't want that right?
They don't require a minimum order
Upon browsing their FAQs, I found out that they don't require a minimum order! They welcome both small and large investors into their company!
According to them, all levels of investors, from small to large, are welcome to shop on their site.
Free Account Registration
Monarch Precious Metals does not charge any amount upon registration to their website. This will help you get to know them more without paying them anything!
What I Don't Like About Monarch Precious Metals
They are not accredited by well-known trusted sites
I think one of the most important considerations for an aspiring investor before investing in anything is the network of their prospective company.
Apparently, Monarch Precious Metals is not accredited by BBB or by Trustpilot, or similar websites. So, I'll probably think twice, thrice, and more before investing in it.
They have limited reviews and all of them are BAD
Monarch Precious Metals has limited reviews which are just TWO (2) from BBB! And these two are lengthy complaints from past investors! Yikes!
Prices posted are a little delay
They have a spot ticker that shows the prices of gold and silver (in real-time). However, there's a variable delay from 30 seconds up to 20 minutes. As a result, sometimes their price may be higher, lower, or equal to the "live" price.
Order Cancelling Restrictions and NO RETURNS
Apparently, if you cancel orders, Monarch Precious Metals may terminate your account and restrict future orders. This is because canceled orders will also be subject to market loss charges.
On the other hand, all sales are final so they don't allow returns. They offer a buy-back program for any gold or silver product sold on their site except for silver grain/shot. This means that they will buy back the precious metal at a much lower cost!
Is Monarch Precious Metals a Scam?
In this Monarch Precious Metals Review, our verdict on them is... NOT SURE!
I am not saying here that they are a SCAM, that I don't know. However, I won't recommend this company to you.
A lot of reviews are bad, and bad reviews are equal to bad services, bad companies, bad products, and bad everything! So, you should beware before putting your money in it!
Investment is a very good opportunity for most of us, but you must be smart in making decisions.
This should be emphasized before you spend a lot of money on it.
Some companies can be promising, like Monarch Precious Metals which have been in the industry since 2008! But despite their time in the industry, they seem to have been left out by their competitors, especially those offering Gold or Precious Metals IRA.
They are way behind their competitors in the industry! Some precious metals investment companies that are less than a decade old are doing great in the business. They know how to market themselves.
So, they may not be a SCAM.
But in this Monarch Precious Metals Review, I DO NOT RECOMMEND IT.
To end my review of Monarch Precious Metals,
I would like to emphasize to you how investment is a BIG DEAL.
Big deal in terms of its size and a big deal in terms of its importance.
We've worked hard, dedicated blood and effort in working, just to be scammed?
WE SHOULDN'T LET THAT HAPPEN!
So, what we must do if we want to invest our hard-earned money is to choose a reliable, trusted, and stable PRECIOUS METALS COMPANY!
I strongly recommend Augusta Precious Metals! This company has made its mark in the industry and is trusted by many (including me)!
You can read my review about them by clicking the button below.
Thank you for reading my review!
I hope you were able to find this review beneficial! I'm trying my best to provide you with the best review with the most details through the help of thorough research.
If you have any comments, feel free to type them down.