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.

Sunshine Silver Bar Special Until Thursday 11/7 Midnight (ET)

silverbars

Any quantity only $1.19 per bar over spot!
This 1 oz Silver bar from Sunshine Minting boasts a brand new security feature, MintMark SI™, to help you authenticate the origin and .999 purity of your Silver bar. This new feature is on the reverse of the bar among a repeating pattern of rising suns.

When viewed through Sunshine Minting’s special decoder lens at one angle, the central design shows the word “Valid,” but when you turn the decoder lens 90 degrees, a sunburst appears. These two different views further verify your 1 oz Silver bar. Authenticate your new Sunshine Minting Silver bars with the Sunshine Mint Decoder Lens!

The obverse of this Silver bar bears the Sunshine Minting eagle with the sun and rays in the background. Listed on the obverse are the weight and purity.

Silver Spot Price Dips Almost $1

If you’ve been waiting for a price dip in order to begin or expand your holdings in Silver, now may be a good time to act. Silver prices have pulled back, creating opportunities for savvy investors.

LOCK IN YOUR PRICE WHEN YOU ORDER FROM APMEX

When you buy Silver from APMEX, the price listed is the price you pay (not including shipping) — locked in at the time of your order. There are no commissions and no hidden fees. That means you can take maximum advantage of the recent price pullback in Silver to buy your favorite items.

Take Advantage Of This Silver Buying Opportunity

Back By Popular Demand – Silver Buffalo Rounds At Our Lowest Price $0.99 Per Round Over Spot!

Any quantity only $0.99 per round over spot!

99centbuffaloVery nice Silver rounds with a rendition of James Earle Fraser’s classic design featuring an American Indian in profile on the obverse and an American buffalo on the reverse. Orders in multiples of 20 rounds will be shipped in tubes; multiples of 500 will be shipped in APMEX boxes.

How can your portfolio benefit from the value of Silver? Speak with a knowledgeable Account Manager at APMEX to learn about using Silver as an investment and make your Silver purchase today. Also, you can come to us when it is time to sell Silver or to sell Gold.

Today Only – Carnival of Savings Features Stars & Stripes Silver Rounds 99¢ Over Spot!

summersalestarsandstripesOur Carnival Of Savings continues with something for everyone — more than 1,800 incredible Gold, Silver and Platinum values. Shop now! Quantities are limited and the APMEX Summer Carnival Of Savings leaves town Friday July 19, at Midnight (ET)!

ballon

Carnival Of Savings. Discounted Premiums On Over 1,800 Products!

Start Shopping Our Summer Sale And Find Great Prices! Some More Than 90% Off The Premium.

summerofsavingsIt’s that time of the year. The APMEX Summer Carnival Of Savings comes your way with something for everyone — more than 1,800 incredible Gold, Silver and Platinum values. Shop now! Quantities are limited and the APMEX Summer Carnival Of Savings leaves town Friday July 19, at Midnight (ET)!

ballon

Paper vs Gold: 1971-2013

The U.S. dollar’s purchasing power has gone down since 1971. However, the purchasing power of Gold has gone up.

PaperVsGold_Infographic*Disclaimer: Gold and Silver prices are subject to vary and this infographic is for illustration purposes only.