Top Five Reasons Customers Buy From APMEX

455649179If you are looking for an online retailer to buy Gold bars or Silver coins, you may be overwhelmed by the sheer number of options available. Instead of scouring the internet or picking a store randomly, why not go with the industry leader that thousands have trusted to buy bullion Gold and Silver? Or the company with some of the most exciting collectible coin sets available online? In both of those cases, the answer is the same: APMEX.com. When you look at the thousands of customer testimonials you can see a common five reasons why they’re buying from APMEX. So, what makes APMEX stand out from the crowd? Consider the following.

Selection

We carry an incredible selection of Gold bars, Silver coins and other well-known Precious Metals collectibles purchases directly from mints all over the world. We also have one of the largest selections of Palladium products anywhere. Our selection is almost overwhelmingly large — luckily, our website search feature makes it easy to find exactly what you need.

Knowledge

One of the things APMEX customers mention most often is that they appreciate our vast knowledge of the Precious Metals industry as a whole. We have a team of industry experts who bring their years of experience together and share it with our team and customers. We go beyond just knowing our own product lines; our team will do what it takes to answer your questions! We know purchasing investments isn’t a decision you make lightly and we’ll do what it takes to inform you so you’re comfortable with the decision your making.

Service

Excellent customer service is the key to our success. We go the extra mile to make sure all our customers are 100 percent satisfied with their purchases and their buying experience as a whole. For example, we fulfill all of our orders ourselves to serve our customers better. If something doesn’t go as planned we can fix it quickly and without hassle to the consumer. We pride ourselves on our concierge level of customer service and we know it’s appreciated, since the majority of our customers come from referrals.

Security

We’ve been in business for over 11 years and we know that when you buy Silver, Gold or other Precious Metals, you not only trust that we will deliver what you order, but you trust us with your information. We use top-of-the-line security standards and ship your purchase in secure, unmarked packages to reduce the possibility of theft.

Convenience

APMEX wants to make your Gold and Silver purchase as convenient as possible. You can shop online 24/7 or call our customer service representatives at 800.375.9006 from 8am – 6pm to place your order or with questions. We have product and price alerts as well as our asset allocation tool which shows your Precious Metals holdings and their current value. When you order, we will process your purchase to get the product in your hands quickly, carefully, and securely.

As you can see, there is a lot to appreciate about APMEX’s products and service. When you place your first order, you’ll find these five reasons are only the beginning. Call or contact us today and find out firsthand why we are your best resource for everything related to Precious Metals. We can’t wait to serve you!

6th Annual APMEX & Perth Mint Australian Giveaway Winner Announced!

725x376-PerthWinner_MarkSchmidtIn August 2014, APMEX and the Perth Mint launched their 6th Annual Perth Mint Australian Giveaway. Recently, the winner was chosen and we’re excited to congratulate Mark S. from Texas on his selection as the winner! The contest ran through October 20 and more than 2,600 people entered, either through mail-in entry or by purchasing select Gold and Silver Perth Mint products.

Since 2008, APMEX and the Perth Mint have partnered to bring customers this once-in-a-lifetime experience. With entries growing yearly, it’s become an event that people anticipate and are excited to enter. Oftentimes, winners will chronicle their journey through photos or even a personal blog.

“We’re excited to be partnering with the Perth Mint for the sixth year in a row,” APMEX Chief Operations Officer Kenneth Lewis said. “It’s fun to see the winners’ experiences over the year when visiting the remarkable Perth Mint and beautiful Australia.”

Mark and his wife are excited to take their trip next summer, which happens to coincide with their 25th wedding anniversary. As part of his winnings, Mark will receive $1,000 (AUD) spending money, an exclusive VIP tour of the Perth Mint, roundtrip airfare, hotel accommodations for 7 days and memories to last a lifetime.

The Perth Mint is renowned for producing some of the most beautiful Precious Metals products in the world. If you haven’t seen our lineup of Gold and Silver from the Perth Mint, then you don’t know what you’re missing. View our products from the land down under: Gold Kangaroos, Silver Kookaburras, Silver Koalas, Gold Lunar and Silver Lunar.

APMEX announces worldwide exclusive release of Avengers Coins

FB_CoverImage_851x315_AvengersAPMEX is the exclusive dealer of the new 1 oz Silver Marvel Avengers coins, featuring the characters Captain America, Iron Man, Thor and Hulk.

For years, Marvel Comics and its characters have intrigued the masses. Debuting the Avengers team in 1963, the comics featured humans, mutants, robots, aliens and other supernatural beings banding together to fight “the foe no single superhero can withstand.” Made famous for their battle cry of “Avengers Assemble,” the team received a new audience in 2012 with the box office hit movie, “The Avengers.” A variety of spin-offs from the original movie have only increased the popularity of these heroes.

APMEX is the worldwide exclusive retailer for the new 1 oz Silver Marvel Avengers coins. Limited to a mintage of 3,500 complete sets, these 1 oz Silver coins are destined to be true collectors’ items. There are four 1 oz coins in each set: Captain America – The First Avenger; Hulk – The Incredible Avenger; Thor – The Mighty Avenger; and Iron Man – the Armored Avenger.

APMEX is offering the coins for purchase individually or as a four-coin set. Hulk, Thor and Iron Man will be offered as single 1 oz Silver coins in a limited-edition embossed, collectible character tin that showcases the featured Avenger. Captain America will have an added bonus, coming in the large four-coin compatible tin lunchbox for consumers to collect the rest of the Avengers separately. Each coin comes with a four-color, sequentially numbered Certificate of Authenticity made from stainless steel and a bio card printed in state-of-the-art 3-D, along with a specially designed lapel pin. The complete set of four 1 oz Avenger coins includes each collectible character tin inside the limited-edition lunchbox featuring a group shot of all four Avengers inside.

“These iconic characters resonate with people around the world,” APMEX Vice President of Merchandising Andrew Martineau said. “We’re excited to be the exclusive dealer of these coins and provide unique items like these to our customers.”

APMEX Press Release – Oklahoma Legislation Exempts Precious Metals from Sales Tax

800x400_OK_tax_freePROklahoma City, OK : October 30, 2014 – Beginning November 1, 2014, Oklahoma residents will be able to invest in Gold, Silver, Platinum and Palladium coins, bars and rounds from Oklahoma Precious Metals dealers without paying sales taxes on those purchases.

On June 4, 2014, Oklahoma Governor Mary Fallin signed Senate Bill 862, declaring Precious Metals were to receive the same tax exemption as other investments, such as stocks and bonds.

“We are thrilled that the Oklahoma Legislature passed this important law. We think this will open doors for in-state investors to think about Precious Metals as part of their portfolio as it equals the playing field with other investment products.” Scott Thomas, President and Founder of APMEX.com of Oklahoma City, said.

The bill passed with bipartisan support in both the Oklahoma Senate and House of Representatives, as many believe local investment dollars will support the Oklahoma economy. The bill aims to help all investors buy Precious Metals and allow the money spent to reside with Oklahoma businesses. The bill was authored by Sen. Clark Jolley (R-Edmond) and Rep. Gary Banz (R-Midwest City).

Charles Hines, resident of Newcastle, Oklahoma, said, “This bill has me considering Precious Metals as part of a way to invest. Knowing that I won’t be charged sales tax sweetens the deal.”

The bill also includes third-party storage options like safety deposit boxes or Citadel Global Depository Services, Inc.

“As one of the largest Precious Metals companies in the world, we’re excited to show our state the options we bring when it comes to buying Precious Metals. At the end of the day, no matter where people are buying, as long as it’s in Oklahoma, it’s a win for our state,” Thomas said.

About APMEX, Inc.

APMEX, Inc., one of the largest online sellers of Gold, Silver and other Precious Metals products, offers one of the world’s largest selections, including all U.S. Mint bullion such as Gold, Silver and Platinum American Eagle coins. APMEX also sells all types of Royal Canadian Mint products, including Gold, Silver, Platinum and Palladium Maple Leaf coins. APMEX is a member of the American Numismatic Association, the International Precious Metals Institute and the Industry Council for Tangible Assets. For additional information, visit www.APMEX.com or call 800.375.9006.

Contact: Teresa Burris, APMEX, Inc., 405.595.2100, ext. 112, Teresa.Burris@APMEX.com

Q & A with a Precious Metals Expert!

Q&ARecently we held a Q & A session on Reddit with our Senior Product Manager Brian Hunt. We received some good Questions we’d like to share Brian’s answers to.

If you ever have a question, know that you can contact us at 800-375-9006 and we’re happy to help!

Question: If someone is brand new to precious metals and looking to get started, what products would you recommend they spend…say…their first $500 on from APMEX?

Answer: Honestly, you should buy what you like and what you’re comfortable with and what products interest you. It depends on what’s making you invest (wanting bullion or wanting something more collectable) But, my personal recommendation is Proof Silver Eagles with box and COA. Reasons why are these coins hold a more than just a bullion value. They hold a numismatic value and they are IRA acceptable. Here’s a link to our selection of IRA Proof Silver Eagles. http://www.apmex.com/category/22141/silver-eagles-proof-w-box-coa

 

Question: How often do you come across counterfeit coins/bullion and what is the process of dealing with the counterfeits once you’ve come across themTop of Form

Answer: We come across counterfeit coins and bullion on a daily basis. That is why it is so important that you purchase your product from a trusted source such as APMEX or even buy certified product from NGC & PCGS.

Once we have determined an item is indeed counterfeit we check what metals are used in the makeup of the product (copper, gold, silver etc.) We then contact the previous owner to let them know that their products is indeed counterfeit and in many cases we end up melting the product so the item is never sold again as a genuine product.

Question: How did you go about moving your collecting and hobby to the next level to become a project manager at APMEX?

Answer: You got to broaden your knowledge of buying, selling, and merchandising products. I got started with APMEX at an ANA summer seminar class when I met 2 employees in the same class. We took the counterfeit detection class and hit it off. So going to those types of things gets you great exposure and knowledge.

Question:Is traditional coin collecting doomed now that all coins are released in perfect condition collector sets?

Answer: No, I don’t feel that way. Coin collecting hasn’t been doomed. There will always be a wide selection of products that you can collect. Whether it be a Morgan Dollar or even a 20 Dollar Saint Gaudens Gold Coin. Here are some Morgan Dollars to look at: http://www.apmex.com/category/52040/morgan-dollars-1878-1904 Here are some Saint Gaudenshttp://www.apmex.com/category/11902/20-double-eagles-saint-gaudens-1907-1933

Question: Most of us here are familiar with APMEX. What’s the one thing about working there that would surprise us the most?

Answer: Honestly, being around the high value merchandise on a day in – day out basis. I’m a kid in a candy store. Great! Let our rep know if you ever need something.

Weekly Gold & Silver Market Recap – 10/31/2014

METALS AWAIT DIRECTION AHEAD OF FED MEETING

The week began with speculation on what might occur during the Federal Reserve’s two-day policy meeting that began on Tuesday, along with a week of important economic data releases. Precious Metal prices received a nice boost Monday morning ending three consecutive days of losses from recovering physical demand. Precious metals strategist at Mitsubishi Corp International Johnathan Butler said, “Although this is clearly a bearish development for gold as it implies the beginning of monetary policy normalization, it may have already been priced in.”

EURO BEGINS TO IMPROVE

The euro gained ground and edged up on Monday following the European Central Bank’s stress test on European banks.  The test helped relieve some concern surrounding the eurozone economy and found smaller than expected capital requirements within European banks. Neil Mellor, a currency strategist at Bank of New York Mellon in London, said, “There are some positives from the stress tests and it could have been a whole lot worse.”

GOLD DROPS AS ETP ASSETS DECLINE TO FIVE-YEAR LOW

Holdings in exchange traded products (ETP) backed by Gold fell to their lowest level in five years on Monday. The metal’s 30-day historical volatility climbed in October, shaking many investors out of the market. Investors continue to try and predict when the U.S. Federal Reserve will raise interest rates, which is considered negative for metal prices.

GOLD LIFTED BY WEAK DOLLAR

Precious Metals reacted positive on Tuesday to data from the U.S. Commerce Department showing durable goods orders fell 1.3 percent in September. The news pressured the U.S. dollar, which assisted Gold as it regained nearly four percent this month on global growth concerns. “There were some stops triggered once we breached yesterday’s low, but China walked in and pushed up Gold,” one Hong Kong trader said. “People are nervous ahead of the FOMC and big position changes are unlikely. For the moment, I think we will hold between $1,220 and $1,240 [per ounce].”

HOUSING MARKET FUTURE UNKNOWN

U.S. housing data released on Tuesday showed an overall increase for single family home prices for the month of August from 2013, though the increase fell short of expectations. The S&P/Case Shiller composite index compared 20 metropolitan areas and reported a 5.6 percent gain for the month of August, the lowest year-to-year growth since November 2012. “Despite the weaker year-over-year numbers, home prices are still showing an overall increase, as the National Index increased for its eighth consecutive month,” S&P Dow Jones Indices index committee chairman David Blitzer said in a statement. The housing market will be a focus point once the Fed ends its stimulus program, as the policy initially began after the devastation from the notorious 2008 U.S. housing bubble.

FEDERAL RESERVE ENDS QE, PRESSURES COMMODITIES

Wednesday afternoon the market reacted to the Federal Reserve’s announcement to end its quantitative easing (QE) program, which consisted of monthly bond buying to stimulate the U.S. economy. Stocks fell, bonds sold off and Precious Metals were pressured lower after the news broke from the Fed’s policy meeting. Gold fell slightly more than one percent once the news broke. Investors also noticed a more aggressive tone toward raising interest rates sooner than later. “Maybe we brought forward the (first rate) hike a month or two from where it was yesterday,” David Ader, chief Treasury strategist at CRT Capital, said. Wall Street expected a fourth quarter rate hike, despite Fed forecasts of a hike occurring near mid-year.

METALS CONTINUE FALL ON FED’S DOVISH STANCE

Precious Metal prices were moving rapidly and trading lower on Thursday after Wednesday’s announcement from the U.S. Federal Reserve to officially end the stimulus program that has provided support to the economy.  However, even with the losses that occurred, some analyst are positive for the direction of Gold and believe the recent selloff in Gold prices is overdone and demand for the metal has already rebounded.

U.S. DOLLAR CONTINUES TO CLIMB

A day after the Federal Reserve’s recent statement, the U.S. dollar climbed to its highest point in more than three weeks.  Although investors continued to take in the dovish tone from the Federal Reserve, upcoming data may also play a factor is Gold’s pricing.  Esther Reichelt, currency strategist at Commerzbank said, “The positive sentiment is likely to be reinforced by today’s third-quarter gross domestic product data.”

BANK OF JAPAN’ S NEW ROUND OF QE WEIGHS ON PM PRICES

Friday morning both Gold and Silver fell to their lowest point since 2010.  The cause was mainly due to an unexpected move by the Bank of Japan to begin a new round of quantitative easing, which weakened the Yen to a near seven-year low.  The news boosted the U.S. dollar to a four-week high against other major currencies.  Precious Metals are attempting to fight off the many factors that are currently pressuring their price this week with the Fed ending QE in addition to Thursday’s strong U.S. gross domestic product data that was released.

At 5:24 p.m. (ET), the APMEX Precious Metals spot prices were:

  • Gold, $1,175.50 Down $25.10
  • Silver, $17.26 Down $0.25
  • Platinum, $1,240.00 Down $7.90
  • Palladium, $794.50 Up $12.80

APMEX’s Account Managers now have extended hours Mondays through Thursdays and are here to serve you until 8 p.m. (EDT)! Or call us Fridays until 6 p.m. (EDT)! If you have any questions about investing in Precious Metals or simply would prefer to place your order by telephone, we are here to help.

Weekly Gold & Silver Market Recap

ANOTHER WEEK OF TRYING TO PREDICT FUTURE FED ACTIONS

This week, Gold and Silver gave back a small portion of their recent gains. Last week’s negative global economic news boosted prices on expectations that the Fed would delay interest rate hikes. The markets continue to focus on what the Fed may or may not do and this week the sentiment turned to sooner rather than later [interest rate hikes]. All it took was a jobs report with claims lower than expected. Expectations are that Precious Metals and U.S. stocks will continue to go back and forth dependent upon predictions of which way the Fed winds will blow.

The renewed confidence in equity markets this week boosted the U.S. dollar. On Wednesday, a report came out indicating a stable and low inflation in the U.S. These two factors independently drive down Gold and together should have clobbered prices, but they did not. Why? Perhaps it was the news coming out of Russia that their central bank is stocking up on Gold. The Chinese central bank is suspected of doing the same thing along with India, as Gold demand is up for the Diwali festival. The Swiss Gold Referendum is also picking up support. If passed, this referendum would mandate Switzerland to purchase a very significant amount of Gold.

Mohamed El-Erian, former CIO Pimco, came out with an article on Monday that is worth noting, “4 Things to Remember after Wild Market Week”:  “1. It doesn’t take much too severely dislocate markets, both down and up. 2. Liquidity is elusive when traders need it most, even when it comes to the deepest of all markets. 3. Market positioning and risk-taking are no substitute for solid fundamentals. 4. The Fed still doesn’t have much appetite for financial volatility, and markets will readily embrace its reassurances that it will try to act to counteract these gyrations.