Act Now And Lock In Silver Prices Today

If you have been waiting for the right time to make an investment in Silver, now could be the right time. In times of economic uncertainty, investors tend to purchase Silver as a store of value and hedge against the uncertainty in the markets. Now may be a good time to act.

PLACE YOUR ORDER AND LOCK IN YOUR PRICE TODAY

Place your order today and you will lock in today’s price. If Silver climbs between the time you place an order and the time it ships, your price doesn’t change. There are no commissions or hidden fees. This means no surprise price increase when you buy your favorite items — even if Silver prices continue to rise.

DON’T MISS THIS BUYING OPPORTUNITY IN SILVER

The 1 oz Silver American Eagle (Random Year) coins:

  • Size, weight and purity are guaranteed by the U.S. government
  • Eligible for Precious Metals IRAs
  • Multiples of 20 are packaged in mint tubes. Multiples of 500 are packaged in “Monster Boxes”
  • .999 fine Silver in Brilliant Uncirculated condition
  • Features stunning, patriotic designs — the classic Walking Liberty on the obverse, or front, and an American eagle, the very symbol of our nation’s freedom, on the reverse
The 2013 1 oz Silver Canadian Maple Leaf (Random Year) coins:

  • Contains 1 oz of .9999 fine Silver
  • Multiples of 25 are packaged in mint tubes. Multiples of 500 are packaged in “Monster Boxes” All other coins will be in protective plastic flips
  • Eligible for Precious Metals IRAs
  • Obverse: Right-facing profile of Queen Elizabeth II, along with the year and face value
  • Guaranteed by the Royal Canadian Mint

 

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Why do you think it is important to invest in precious metals? A Q&A session with APMEX CEO, Michael Haynes

We recently asked our CEO Michael Haynes a few questions about what makes APMEX unique, why he thinks investing in Precious Metals in a good idea and what his favorite products are. We hope you find this interview useful and please let us know if you have any feedback or comments.

Tell us a little bit about APMEX and what makes APMEX unique

APMEX is one of the few and perhaps the only website for Gold, Silver and other Precious Metals where you receive all of the benefits of the largest selection of products, immediate price lock-in on order, all day and all night and all weekend buying, online ordering or access to helpful phone representatives and much more. APMEX has most products available for immediate delivery; just place an order and we are ready to go. APMEX also provides education and information on the markets and on the products.

Why do you think it is important to invest in precious metals

Precious Metals are perhaps more important for a portfolio today than at any time since the oil embargo of the 1970s. During this financial crisis, all investors have seen their investments and 401ks in stocks move together and generally down. Gold, Silver and Precious Metals have moved generally in the opposite direction from stocks. Balance, or diversification, in a portfolio is when some assets in a portfolio move up under certain circumstances and yet, under the same circumstances, some assets move down. The object of balance is to always have of one of the asset classes in the portfolio moving up. Gold, Silver and other Precious Metals have provided that balance in recent years in this financial crisis. Perhaps every investor should at least investigate the possibility of balance and diversification with Gold, Silver and other Precious Metals.

What are your top 3 precious metals products and why do you think they make a good investment

Asking about the “top 3” products in the APMEX offerings is like asking about your favorite son or daughter. However, in the most diplomatic fashion, here are three products that provide excellent opportunities for portfolio balance and diversification:

Gold: Gold is a currency without a country, and many believe it is the one true currency. All other paper currencies in the world are convertible into Gold and quoted even hourly across the world. It is hard to argue with this concept of Gold as a currency since Gold has been a storehouse of value since the Roman Empire and even before. Central Banks of the world are buying Gold to back up their own currency and using Gold to shore up their dollar holdings. If these countries through their Central Banks are diversifying away from the dollar, perhaps we Americans should take note. Personally, I prefer coins over bars because of the improved liquidity if I want to sell. Some like the American Gold Eagle, a patriotic pick and very liquid in the market, but the best priced one ounce Gold coin is perhaps the Australian Kangaroo. However, one of the very best opportunities is the MintDirect® tube of 20 American Gold Eagles. These are unsorted, unsearched tubes direct from the U.S. Mint, meaning that there could be very high grade — and therefore collectible — coins in that tube. This additional collector demand for any very high grade Gold Eagles in the tube has the potential to provide additional profit.

Silver: Here is an opportunity to diversify if you came into the market as a Gold buyer. Although no one knows for sure, Silver has probably been used as money as long as Gold and perhaps longer. There is a strong relationship between Gold and Silver prices that cannot be ignored. Silver demand in the industrial arena is moving away from photography and very strongly into solar panels. Solar slowed recently with the government investments slowing, but long term, solar demand should grow as the power needs grow and especially as smaller, more personal solar units become available. Who wouldn’t want the sun to lower your electric bill? For Silver, I also prefer coins to bars for the improved liquidity. The American Silver Eagle is the most popular followed by the Silver Maple Leaf. However, one of the best opportunities is the San Francisco American Silver Eagle in MintDirect® tubes of 20, and here’s why: you get the benefit of the unsorted, unsearched MintDirect® tubes which may contain very high grade specimens, but you also get the San Francisco Mint [MH1] (often called the “branch” mint) version that is also sought by collectors. This means you get Silver demand plus potential collector demand from both very high grade coin collectors and the San Francisco Mint collectors.


Platinum: Yes, there is a need for diversification even in Precious Metals, and here I like Platinum because of its industrial demand for automobile converters. If you believe in a recovering economy and more autos replacing old and new growth, then Platinum is one of the key Precious Metals for diversification. Again, I like the coins over bars, and the Australian Platypus (it is a strange animal for a coin) is one of the best buys in the marketplace.

Palladium: I know, I was asked for three, but how can we forget Palladium? Palladium is really improving as a more economical substitute for Platinum in industrial applications and has increased in value substantially as a result of these technological advances. Diversification into Palladium is a move that can provide more exposure to an uplifting economy, like Platinum, but takes advantage of the lower price point in the manufacturing sector. Unfortunately, coins are not as easily obtainable in Palladium but I really like the APMEX “Ballerina” 1 oz fully struck bar in the tamper evident packaging. This bar is made for APMEX by the giant producer Norilsk who mines the ore, refines it and makes this beautifully struck bar. You cannot get Palladium more direct from the mine to your hand than with the APMEX Palladium Ballerina. In my personal opinion, a well-balanced Precious Metal portfolio should have about 5 percent in Palladium.

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8 cool facts about the Gold American Eagle

  1. This is one of the official Gold bullion coins of the United States.
  2. These coins are produced at the West Point Mint in West Point, New York. The Proof and burnished uncirculated coins carry the mint’s mark (“W”) beneath the date.
  3. The Gold Eagle is offered in 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz sizes
  4. By law, the Gold used for American Eagles must come from sources in America. The Gold is alloyed with Silver and Copper to produce a more wear-resistant coin.
  5. The Gold Eagle is .9167 fine, or 22 karat Gold, but each Gold Eagle has an actual Gold weight of 1 troy ounce. The coins are authorized by the United States Congress and are backed by the United States government for weight and content.
  6. Are you a collector? The United States Mint also produces a Proof version for coin collectors.
  7. The obverse of the Gold American Eagle features a rendition of the Augustus Saint-Gaudens design for the $20 Gold Double Eagle coin from 1907. This famed design depicts Lady Liberty lifting high a torch in one hand and holding an olive branch in the other.
  8. The reverse is designed by Miley Busiek and shows a male eagle holding an olive branch in flight above his nest where a female eagle awaits with her young.

Do you own an American Gold Eagle? Like, Share, Tweet and Blog about this piece of American history.

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Oklahomans can Buy Gold and Silver Coins and Bars without Paying Sales Tax!

Law exempts Precious Metals purchases if they are stored in a non-bank depository, like APMEX owned subsidiary Citadel Global Depository

OKLAHOMA CITY, Dec. 5, 2012– According to a recent law enacted by the Oklahoma Legislature, residents of Oklahoma can purchase Gold and Silver coins, bars and rounds from Oklahoma Precious Metal dealers without paying any sales taxes on that purchase. In order to comply with this law, the Precious Metal products must be stored in a non-bank depository for safekeeping. The bill specifically does not apply to the purchase of Gold or Silver items used as jewelry or for artistic or ornamental use. House Bill 3166 passed the 2010 Oklahoma Legislature with bi-partisan support and was signed into law by the governor. The intent of the bill was to help Oklahomans buy Precious Metals as they do other investments, without any sales taxes being levied on the purchase.

“We were very pleased to see that the Oklahoma Legislature passed this important measure that leveled the playing field for Oklahoma investors. Now investors don’t have to buy their Precious Metal products from out-of-state dealers, nor are they subjected to paying more than eight percent of sales tax on an investment-type asset, “said Michael Haynes, CEO of APMEX, Inc., of Oklahoma City (www.APMEX.com). APMEX is one of the nation’s largest online Precious Metals dealers. “In order to help Oklahomans comply with this law, APMEX has created a wholly-owned subsidiary called Citadel Global Depository Services, Inc., (www.cgdsi.com) which secures storage services from one of the most trusted names in the storage of valuable assets,” Haynes concluded.

“Citadel was created to help investors safely and securely store their Precious Metal products in a high security location. Through our exclusive arrangement with one of the oldest names in the transportation and storage of Precious Metals, we can provide safe, secure and economical storage for all Oklahoma investors,” Citadel President Mike Garofalo said. Storage costs are the same for all customers at just .55 percent (55 basis points) per year. So they pay slightly more than one half of one percent a year for insured allocated storage as opposed to a one-time 8.25 percent Oklahoma Sales Tax. Garofalo also added, “Citadel customers have online access to their holdings 24/7, and the value of their holdings is updated daily. That way you always know what your Gold and Silver products are worth, whether you own $1,000 or $10 million worth of Precious Metals.”

About APMEX, Inc.

APMEX Inc., one of the largest online retailers of Gold, Silver and other Precious Metals products, offers one of the world’s largest retail 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, as well as South African Gold Krugerrand coins. APMEX is also 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.

About Citadel Global Depository Services, Inc.

Citadel provides storage services for Precious Metal buyers worldwide. Located in Oklahoma City, Citadel’s services and benefits can be viewed online at their website www.cgdsi.com. With highly competitive storage rates, very low minimums, 24/7 access to viewing your holdings and an exclusive arrangement with a global leader in security, Citadel provides an unparalleled storage option. A Citadel account may be opened without any obligation until product is deposited for safekeeping.

Contact: Michael Garofalo APMEX, Inc., (405) 595-2100 X 114, Michael.Garofalo@APMEX.com

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Buying Gold? Top 4 Things to Keep in Mind

American Gold Eagle

American Gold Eagle (Photo credit: Wikipedia)

Whether you are worried about the economy or saving for the future you may want to consider putting a little bit of your savings into Precious Metals like Gold or Silver. But don’t rush into this investment without considering the following 4 points.

  1. Learn the terms: Confused by what spot, bid, ask, and troy ounce is. Learn about these terms by visiting our glossary or by visiting our new investors page.
  2. Research the product you would like the purchase: Some Gold products are more expensive than others. Call one of our representatives who can help you figure out the best product for your needs. We have over 7,000 products in stock so we have no doubt you will find something that is best suited to meet your financial goals!
  3. Research the precious metals dealer: Buy from a reputable company. Check customer ratings on the company website, ensure that they are BBB accredited and visit the company’s social channels on Facebook, and Twitter. Look for a company that offers transparent pricing and secure shipping. There are a lot of players out there and you want to make sure that you buy from the company that is best suited to your needs.
  4. Think about storage: If you make a large investment in Precious Metals, you will want to consider storage options. APMEX customers can store their purchases at a wholly owned subsidiary called Citadel. Learn more here.

Visit APMEX.com or call (800) 375-9006 to find out more about buying Precious Metals. You’ll see that APMEX has all four of these important characteristics you should look for in a Precious Metals dealer.

 

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