Disclosure: The owners of this website may receive compensation from some of the companies it is recommending on this site if you click on their links, which allows us to provide this information to you for free. If you prefer gold or copper, you can find that as well, although it is much more limited. Repeated issues with orders and customer service. We also receive compensation from leads we refer to external companies. Monarch Precious Metals biggest claim to fame is their specialty which is minting silver. FTC Disclosure:we are a professional and independent site that aims at providing valuable information for people interested in retirement investing. Or continue on with this Monarch Precious Metals review Because Monarch Precious Metals is a refinery, they are able to mint silver into bars stamped with their logo. Monarch Precious Metals has not partnered with any IRA custodian for custodial services. The BBB has given this company a good rating. This firm provides clients with honesty and transparency, as indicated by the many client reviews and excellent ratings on respected rating platforms. There are more poor reviews on third party websites that compare gold dealerships. If youre considering Monarch Precious Metals, consider these pros and cons: As you can see, Monarch Precious Metals has some issues, even if they do offer up some unique products and they are not a company I would consider a scam, I would consider them more geared towards collectors and not investors. Each round is sealed in a capsule prior to shipping. They also say that when things go wrong with an order, the company will refuse to call them back. If you are looking to purchase more novelty silver items, you may be interested in what Monarch Precious Metals has to offer. The company does process some gold through the refinery, too. They also have miscellaneous supplies for coin collecting on their website. But just being legitimate isn't enough. In addition, the company does not offer any options for vault storage. You can find out more about the items they sell by visiting their online marketplace. Required fields are marked *. Below we offer a diverse selection of reviews, ratings, and complaints pertaining to Monarch Precious Metals from trusted consumer reporting and rating agencies sites. American Hartford Gold is devoted to helping you with your money. The silver bars that they sell are one of the unique products featured by this company. These pennies range in their dates and have a variety of different mint markings. Inflation? Like with the other rolls and bags, the coins range in their minting date and quality. This company is actually a precious metals refinery that you can find located in southern Oregon. We may earn money from companies reviewed. Rather, many of their products are more novelty items, such as silver skulls and adult novelty silver rounds. There are so many red flags surrounding this precious metals dealer that its not even funny. When minting their products, Monarch Precious Metals uses only .999 fine gold and silver. Goldco is a company in Woodland Hills, California that offers people an alternative to traditional assets. The company does not have any selections for platinum or palladium, and they do not offer precious metals IRA services. You can get a free gold investment kit from our #1 recommended precious metals investment company above, or you can checkout our top 5 recommended companies below ===> See our top 5 recommended companies here (for IRAs AND non IRAs). Join our Newsletter and get expert recession-proof investment tips straight to your mailbox, Top Rated Gold IRA Companies + Reviews (2022). Another option is a bag of 5,000 mixed date pennies that are all wheat cents. The quality is excellent, according to Goldco reviews. If you like collecting gold and silver coins and valuables, this firm may be worth looking into. There are many other fish in the sea, so to speak, so youll be much better off purchasing precious metals from another company with a great reputation. Now, you just need to choose which precious metals investment company you want to work with. Read our full disclaimer for more information. All orders ship for free with free transit insurance. It appears that the Monarchy is a real business. And these mats are made with full grain leather and crafted with premium quality. Seeing the negative reviews also makes it a bit more difficult to recommend Monarch Precious Metals to our readers. But you also have the option to choose your own gift box or bag, because they have a selection to pick from on their website. You are able to purchase fine gold rounds emblazoned with Monarch's company name and different designs. Monarch Precious Metals has just a 2.33 out of 5-star average on the Better Business Bureau's website and a 3.7 out of 5-star average on Trustpilot. Monarch Precious Metals (www.monarchpreciousmetals.com) is a gold and silver bullion dealer located in Oregon. A refinery is a little different than a typical precious metals broker/seller, so I decided to check them out and see if they were worth your time and money for investing, or if they are better off avoided for your metals needs. Investing with the right company can help save you an incredible amount of money! Our content does not constitute financial advice. We believe that the companies on this list provide better options. The categories include: Some of their best gift choices include the following: They even sell common copper gifts that are usually a really big hit. You can get a leather gaming mat in black or brown coloring. If you want to fund a precious metals IRA, it's better to use a specialist. Another reason we might suggest choosing a different company to work with is that Monarch Precious Metals their selection of coins and bars pales in comparison to what other companies offer. Are There Any Red Flags for Monarch Precious Metals. Ive looked at Monarch Precious Metals and really tried to dive into what theyre about and if theyre a good choice for investors. The silver bars are one of the company's unique features, as they include minted skull bars, building blocks, and other specialty bars. Cryptocurrency IRA Top Gold IRA Companies In addition to its overall reputation, be mindful of a companys bullion prices, policies, practices, and most importantly, storage fees for precious metals. When they began struggling to find silver for their customers, they decided to start making their own silver bullion. But there are 2 reviews about the company on the BBB website and they arent very flattering. Valid email address required. This company has 25-50 employees, and they specialize in selling bullion coins. But there are some copper products available through the Monarch Precious Metals website. Disclosure: Our content does not constitutefinancial advice. They sell other precious metals as well including coins, collectibles, gifts, and much more. They are the most precious thing in their portfolio. Now, onto the big question: is Monarch Precious Metals a scam? The company operates as a gold and silver bullion dealer, minting its own products. As an example, you may want to purchase a roll of pennies that were minted prior to 1940. There is not much proof to show that Monarch Precious Metals is a scam. The trademark of this company is that all their bullion is hand-poured and marked the old-fashioned way.. We were thrown off by the lack of reviews from past customers for a company that has been around for over 10 years. There are so many other precious metals dealers out there in the world, so you should do yourself a favor and find one with a much better reputation. Disclaimer: Many or all of the companies listed here may provide compensation to us. View more Monarch Precious Metals products here. Here are a few you should check out: OurAcre Gold Review,Emgoldex gold, and of course, our full published list of thegold ira reviewsif you are interested in starting a precious metals IRA for retirement. The exact amount your items will be worth will vary based on the current spot price and some other factors. You can also purchase supplies, such as coin tubes and coins albums, through Monarch Precious Metals. Augusta Precious Metals is a team of highly educated experts with a lot of knowledge. It is essential to carefully consider the different precious metals companies available, prior to making any purchases as part of your IRA investment strategy. Depending on your coin collecting proclivities, there might be something perfectly suited to fit in with your wants and needs. At the end of the day, it seems like Monarch Precious Metals is a great company when you first hear about them, but then the rug gets pulled out from under you. We think you may feel more confident giving your business to one of these other companies that has more positive reviews and feedback from past customers than what is available online about Monarch Precious Metals, but the decision is up to you! On top of the small number of reviews, the few that are available are not overwhelmingly positive, either. Or continue on with this Monarch Precious Metals review Monarch Precious Metals was founded in 2008. You'll receive about 99% of the current spot price for any Monarch Precious Metals branded coins, bars, or rounds and between 95% to 98% of the spot price for other items. Some other miscellaneous coin collecting supplies are available through the website. Monarch Precious Metals is a company that offers gold and silver bars and rounds. All products are presented without warranty. This is especially true when you compare them to other gold dealers. Theres enough evidence to suggest they have a refinery and sell the items they advertise. Before we go on with this review we want to share our hundreds of hours of research that we have done to find the best precious metals investment companies. I did notice a few red flags that would keep me from recommending them to the serious investor. Monarch Precious Metals has been in business since 2008. The business doesn't have any accreditation with the Better Business Bureau. They seem like a real company and they are definitely legitimately operating in this space. Look at these reviews to see if the company is reliable. Looking for information on IRA investing? It was started in 2008 in Oregon. Required fields are marked *. You can mix gold bullion with an IRA. But there are also a few red flags that come up as well. Although we do think that Monarch Precious Metals is a decent company, we believe that there are better companies out there to make your investment with. This section is incredibly limited and only contains a 1-ounce copper zodiac design, copper dice, and copper dominoes and thats about it. Some of the silver gifts include custom engraved poker chips, Bigfoot coins that come in a gift bag, Dia De Los Muertos sugar skull silver rounds, spinning top toys made out of silver, and 3D minted silver baseballs. Monarch is a US company that makes and sells gold. There are some red flags. Simply click on the links provided to study the reviews in greater detail. Monarch Precious Metals does not offer minted IRA-approved coins such as American Gold Eagles, etc. Monarch Precious Metals is a precious metals refinery based in southern Oregon. They first entered the industry in 2008 mainly because the precious metals market was heating up at this point because of the financial crisis that spread across the globe. There aren't any firm indicators that Monarch Precious Metals is a scam, but there are some concerning red flags. Honestly, Monarch Precious Metals, which is a decent company, doesnt offer up anything any different than any other precious metals company and with the customer service issues, it may be a company you would want to avoid if youre looking for serious investments. Also, we do have advertising relationships with some of the offers listed on this website. var pm_tag = 'X3AR';var pm_pid = "23751-f4bf3212"; Many of us remember the great global financial crisis of 2008. Are you looking for a safe and reliable place to invest your money? But thats about it for their gold bars in weight and design. Precious metals refinery based in Oregon. As you look through their website, youll see they sell coin albums, coin folders, coin tubes, and much more. See if Monarch Precious Metals made it on our list this year! Another potential choice is to buy a bag of mixed dated pennies, all of them being wheat cents, and the package will contain 5000 of them. There isn't any information about the exact years of the coins or their potential value. Save my name, email, and website in this browser for the next time I comment. Do past customers have good things to say about them or not? The company's biggest specialty is silver, since that's the bulk of what the refinery processes. Below are some of the various gold, silver, and copper items you can choose from. But if you want to choose your own gift box, there's a section of the website for that as well. If so, you may want to consider Monarch Precious Metals. Depending on what type of collector you are, they might have items that appeal to you. Instead, the gold round is 1 gram, and it has a mark on the front that says 1 gram .999 fine gold. Monarch even has supplies for games on hand for those who own copper dominoes or dice. Most of the gift items will come with their own gift box or bag. However, there are no other gold bar designs or weights available. Or get a 100% FREE gold investment kit from our #1 recommended company below: >> Click Here To Get A Free Gold Investment Kit From Our #1 Recommended Company <<.
Sitemap 7