Save my name, email, and website in this browser for the next time I comment. See if Monarch Precious Metals made it on our list this year! In addition to its overall reputation, be mindful of a companys bullion prices, policies, practices, and most importantly, storage fees for precious metals. Look at these reviews to see if the company is reliable. This includes custom engraved poker chips, spinners, 3D minted baseballs and even zodiac coins. Information on our site may be different compared to third party sites. from trusted consumer reporting and rating agencies sites. The company has put together a section of their website that includes gift ideas for spouses, family members, and friends. Your email address will not be published. FTC Disclosure: we are an independent site that do not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. What do past customers have to say? Now, onto the big question: is Monarch Precious Metals a scam? Monarch Precious Metals does not offer minted IRA-approved coins such as American Gold Eagles, etc. Adding precious metals to an IRA is an excellent way to diversify your portfolio and prepare for retirement. Gold | Silver | Bitcoin | Cryptocurrency |Finance| Metals| Cryptocurrency |About | Sitemap | Affiliate Disclosure, An Overview of Monarch Precious Metals Review, Monarch Precious Metals Ratings and Reviews, Credit Suisse Gold Bars: Everything You Need to Know, Gold Calculator 3 Calculators Based on Price, Weight, Melt Value, How Much Can I Transfer From Traditional IRA to Gold IRA, How Much Does it Cost to Get a Coin Graded. You are able to purchase fine gold rounds emblazoned with Monarch's company name and different designs. It's possible that the company doesn't have very good service policies or management, even if they are legitimate. 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. But the evidence says that they arent doing a very good job as far as selling products and keeping their customers happy is concerned. Besides silver bullion, which is stamped with their logo during minting, you can also purchase gold, copper, gifts, U.S. coins, and supplies/accessories. If you're someone who loves investigating your coin purchases, the mystery might tantalize you. Monarch Precious Metals has an A+ rating with the BBB. Precious metals refinery based in Oregon. Below we offer a diverse selection of reviews, ratings, and complaints pertaining to Monarch Precious Metals from trusted consumer reporting and rating agencies sites. Customer reviews online are mixed, with some complaining of pushy salespeople, being ignored by customer service, and order issues. Speak to your financial advisor. However, when you compare the lack of reviews for this company with the large number of positive reviews for other companies, it can make it feel like you're taking more of a risk giving your business to Monarch Precious Metals. It appears that the Monarchy is a real business. Founded in 2008, the company mints and distributes its own collectible gold, silver, and copper products. It was started in 2008 in Oregon. This company is actually a precious metals refinery that you can find located in southern Oregon. There are some gaming supplies available for people who purchase copper dice or dominoes. These are just a few of the unique products that the refinery manufactures. There is not much proof to show that Monarch Precious Metals is a scam. Both of these options are crafted from premium full grain leather. If you are looking for gold or silver bullion products, Monarch Precious Metals may be the right company to work with. The wide majority of the gifts come in a beautiful bag or gift box. The Gold IRA is a new type of investment. 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. There are some red flags. But if you like a little bit of mystery in your coin purchases, then this kind of exciting package will be right up your alley. 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. One great option is to buy a 1-ounce silver zodiac round. National Debt? Below are some of the various gold, silver, and copper items you can choose from. But there are 2 reviews about the company on the BBB website and they arent very flattering. Do you want a roll of pennies made only of copper? We also strike rounds and bars for investors looking for a more polished product. Your email address will not be published. Its possible that they have bad service policies or management, even if they are legitimate. We also strike rounds and bars for investors looking for a more polished product. We do strive to keep the information accurate and up to date. Although silver is their main claim to fame, they process gold as well to a lesser degree. You can purchase packaging for your silver and copper, even if you don't buy the precious metals alongside it. They are the most precious thing in their portfolio. Goldco is a company in Woodland Hills, California that offers people an alternative to traditional assets. 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. First of all, they arent accredited with the BBB, better known as the Better Business Bureau. You can purchase books that give you a guide to the coins minted by certain refineries during specific periods of time. These pennies range in their dates and have a variety of different mint markings. You can buy gift packaging for copper, silver, or anything else even if you choose to forgo buying precious metals because the gift packaging is sold separately. As for the management, there is insufficient information regarding the owner of the website. On top of the small number of reviews, the few that are available are not overwhelmingly positive, either. Monarch Precious Metals is a precious metals refinery based in southern Oregon. Investors can get access to this immediately when they invest in the company. They have a very limited selection of gold products, since refining silver is their main area of expertise. You can mix gold bullion with an IRA. Or continue on with this Monarch Precious Metals review Monarch Precious Metals was founded in 2008. These aren't the only wheat cents bags, as there are other rolls and bags with combinations of wheat cents. Your email address will not be published. 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. 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. 2022 My Retirement Paycheck - Smart Money Blog, 401k to Gold IRA Rollover Guide What You Need to Know, $25 Australian Wildlife Silver Coin Review, Offer a wide assortment of unique products, Online reviews are very mixed on third-party review sites, Complaints about customer service and order issues. American Hartford Platinum provides information about the gold market to help you make decisions about your investments. Copper isn't always considered a precious metal. But there are some copper products available through the Monarch Precious Metals website. However, there are no other gold bar designs or weights available. They sell books that act as a guide to teach you about refineries that minted certain coins during specific time periods. You'll also find the gift boxes, leather storage bags, and airtight capsules that are listed in the gift section. Monarch Precious Metals is a company that offers gold and silver bars and rounds. However, they also wouldn't be our top recommendation for anyone reading this article. It is essential to carefully consider the different precious metals companies available, prior to making any purchases as part of your IRA investment strategy. Monarch even has supplies for games on hand for those who own copper dominoes or dice. For example, you can purchase a roll of pennies that are all dated prior to 1940. And they can fill you in on the regulations and other details set forth by the IRS. Join our Newsletter and get expert recession-proof investment tips straight to your mailbox, Top Rated Gold IRA Companies + Reviews (2022). The company does not have any selections for platinum or palladium, and they do not offer precious metals IRA services. You can inform them they are made by hand because they say the old-fashioned way.. Save my name, email, and website in this browser for the next time I comment. They started because many people wanted to buy gold during the global financial crisis. The people who work there pour the metal by hand, so they are really special. This is because they have lower ratings and reviews than their competitors, and products are better. We believe that the companies on this list provide better options. Monarch mints silver and sells it to investors. Free premium transit insurance is also included to protect your coins and bars as they travel to you. 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. But there are also a few red flags that come up as well. We are a privately held company which is headquartered in Southern Oregon's beautiful Rogue Valley.. They make an ideal gift if you know anyone who's fond of astrology and cares about their star sign. They arent focused on precious metals IRAs, so they do not distinguish whether or not a particular product is IRA eligible on their website. In addition, the company does not offer any options for vault storage. Compensation, along with hours of in-depth editorial research, determines where & how companies appear below. There are categories for pure copper gifts and fine silver gifts, as well as custom engravings on items. The Monarch Precious Metals website is not forthcoming regarding the companys leadership team in any capacity. Monarch Precious Metals has not partnered with any IRA custodian for custodial services. There are not that many online reviews from past customers available. When minting their products, Monarch Precious Metals uses only .999 fine gold and silver. These pennies were minted between 1909-1958. There is also a 1/10th ounce gold bar available for sale, which arrives sealed and packaged. People can invest in it instead of other assets. But what should you know about the company's practices? The company's biggest specialty is silver, since that's the bulk of what the refinery processes. The quality is excellent, according to Goldco reviews. Another exciting thing about this refinery is that they have a plentiful amount of supplies available for coin collectors. Maybe the company isnt managed properly or their service policies are off kilter. Monarch Precious Metals has a section of the website dedicated to gift ideas for those shopping for someone else. You can find out more about the items they sell by visiting their online marketplace. Additionally, they will also purchase other .999+ fine gold or silver bars and rounds. Although we think Monarch Precious Metals is a pretty solid company, they did not make our top 5 list. Take a look at the silver rounds that they have available. They were first established in 2008 as a direct response to the global financial crisis. They sell them in a capsule before shipping them directly to your door. They do not offer a large selection of coins and bars compared to what other companies have. However, if you're interested in a more modern, finished product, Monarch Precious Metals does also strike rounds and bars to accommodate this request. If you want to fund a precious metals IRA, it's better to use a specialist. Monarch isnt special and they do not offer special products that you cant find at other precious metals dealers. As you look through their website, youll see they sell coin albums, coin folders, coin tubes, and much more. They do this by being open, simple, and having served their customers. What are the important factors regarding company practices? People say that they have run into problems with the company sending the wrong orders, pressuring people into new purchases, and refusing to call back when there were issues with an order. There aren't any firm indicators that Monarch Precious Metals is a scam, but there are some concerning red flags. There are plenty of precious metals dealers with a better reputation who'd be happy to work with you instead. Its important for any precious metal company to speak with its clients. If you dont, it was kind of a big deal for many people with retirement plans. So, that's what you need to know about Monarch Precious Metals. Phone: 541-414-1676Website: https://www.monarchpreciousmetals.com/, Your email address will not be published. Top Gold IRA Companies Because of their growth, theyve since expanded and moved to Medford, Oregon. 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. They sell these as well with varying date ranges and a number of different mint markings too. Your email address will not be published. But there are red flags that you don't want in your precious metals dealer. Your email address will not be published. The demand for precious metals skyrocketed, leading to an opportunity to get involved with the industry. They do not want people to be influenced by the decision. Other gold firms only provide IRAs for customers if they have an IRA account, but Augusta Precious Metals only provides IRAs for people with Gold Accounts. Daniel Anthony is also the owner of the company in an article on BlogTalkRadio and a listing at Bizapedia. Customers say that they've had issues with their orders, pushy salespeople, and being ignored by customer service representatives. It is quite simple to use the website. .simple-sitemap-container-62e4f14891cfa { margin: 1em 0 0 0; }. For 2016, the Better Business Bureau has accredited them. 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. Or if you want to continue with Monarch Precious Metals, click the link below! is a gold and silver bullion dealer located in Oregon. Each is optimized for a different collector's purpose. There are more poor reviews on third party websites that compare gold dealerships. And, we only found one review on Trustpilot and three customer reviews on the Better Business Bureau's website. Monarch Precious Metals has their own mint and offer some unique pieces. For all intents and purposes, it doesnt appear on the surface that Monarch Precious Metals is actually trying to pull a scam on anyone. See if Monarch Precious Metals made our list of top precious metals companies below: >> Click Here To See Our Top 5 Recommendations <<. We were thrown off by the lack of reviews from past customers for a company that has been around for over 10 years. Repeated issues with orders and customer service. Or maybe they are an illegitimate company pulling the wool over peoples eyes. How Much Gold Can You Buy Without Reporting? As an investor, you may not be looking for novelty products, but if you are interested in them, theyre available as well. However, the company is not as good of an investment as some other companies. Today, we're here to tell you more about Monarch Precious Metals so you can decide whether they're the company you'd like to work with. You need to connect with a gold IRA specialist to set up your self-directed IRA account. This is especially true when you compare them to other gold dealers. But if you want to choose your own gift box, there's a section of the website for that as well. While this may sound like an easy decision, the sheer number of companies out there can make it difficult to make a decision. To make the best decision, you need to know about all of them. Now, you just need to choose which precious metals investment company you want to work with. Founded in 2008 during the financial crisis. They have over 200 reviews with Google and Trustpilot. They help you buy coins and bars of precious metals such as gold, silver, and platinum. Depending on your coin collecting proclivities, there might be something perfectly suited to fit in with your wants and needs. There are no platinum or palladium products. Using a self-directed IRA account gives unprecedented flexibility when it comes to long term investing. Each of the reviewers only gave this company a 1 out of 5 stars. There isn't any information about the exact years of the coins or their potential value. Do past customers have good things to say about them or not? var pm_tag = 'X3AR';var pm_pid = "23751-f4bf3212"; Many of us remember the great global financial crisis of 2008. The BBB has given this company a good rating. Looking for information on IRA investing? This companys advantages are evident in the many free helpful resources available, a simple and quick procedure, and competitive pricing for common items. Inflation? Rather, many of their products are more novelty items, such as silver skulls and adult novelty silver rounds. Whether you're considering adding gold or silver to your IRA or you're just looking to make a personal investment, you're making a decision that can have a positive impact on your financial outlook. They dont have the typical American Gold Buffalos or Eagles, but they do offer other options. Edwin Cannon has spent his entire career in the financial industry and specializes in alternative investments and surviving marketing turbulence. I did notice a few red flags that would keep me from recommending them to the serious investor. They are a reputable company that offers a variety of investment options, including gold, silver, and platinum. Many people have had bad experiences with third-party websites that compare gold dealerships. Required fields are marked *. People claim that they have had problems with the company. The company does process some gold through the refinery, too. There are so many red flags surrounding this precious metals dealer that its not even funny. This is how we maintain our free service for consumers. Monarch Precious Metals biggest claim to fame is their specialty which is minting silver. They even sell a 1/10-ounce gold bar, which also comes to you in a sealed package. Like with the other rolls and bags, the coins range in their minting date and quality. The website states the following: From refined raw material, we manufacture poured style bars and mark them the old fashioned way, which gives them a rustic look that collectors love. 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. Regardless, Monarch Precious Metals sells copper products nonetheless. Monarch Precious Metals mints and distributes its own gold and silver bullion. Specialized companies know exactly what IRS regulations to follow and can guide you easily through the entire process. Are you looking for a safe and reliable place to invest your money? Most of the gift items will come with their own gift box or bag. Your email address will not be published. Both customers reviews on the BBB website give this company a rating of 3. Your information will. 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. In response to this crisis, Monarch Precious Metals, a precious metals refinery out of Oregon, was formed to meet the skyrocketing demands for precious metals. You can also find a selection of coin collecting supplies, books, and a small selection of gaming supplies. 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. In addition to gift boxes, some of the packaging options include genuine leather pouches, genuine leather drawstring bags, and airtight plastic capsules made to protect and display different coins. We've taken a look at everything you need to know. 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. You should consider some things before investing, though. Monarch Precious Metals is not a scam. 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. Serious investors want to work with a company that is serious about taking care of them and ensuring that their hard-earned money is spent wisely, especially on purchases that go towards their retirement. Our relationships with some of these companies may affect the order in which they appear. Are There Any Red Flags for Monarch Precious Metals. They have customer order issues, aggressive salespeople, and terrible customer service. The website states the following pertaining to products: The gold and silver that is used to produce our bars and rounds is .999+ fine. They make gold and silver bars and rounds. BBB: Rating: A+ ( Not Accredited by the BBB)The company has one complaint closed with the BBBYelpRating: N/ATrustpilotRating: N/ATrustlink Rating: N/A. Save my name, email, and website in this browser for the next time I comment. When they began struggling to find silver for their customers, they decided to start making their own silver bullion. Monarch Precious Metals has its own mint and manufacturers unique bars and rounds. Monarch Precious Metals (www.monarchpreciousmetals.com) is a gold and silver bullion dealer located in Oregon. Seeing the negative reviews also makes it a bit more difficult to recommend Monarch Precious Metals to our readers. 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. In BBB, Linda Kaylor is listed as the Principal Contact. If you are looking to purchase more novelty silver items, you may be interested in what Monarch Precious Metals has to offer. They also have a variety of other precious metals, coins, supplies, and gift ideas available through their online marketplace. 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. 954-271-2540, Sugar skull Da De Los Muertos silver rounds, Coins with Bigfoot imprinted on them (gift bag included), They are an Oregon-based precious metals refinery, They opened their doors during the financial crisis in 2008, They have too many negative reviews online, They have repeated customer service issues and problems with their orders. Founded in 2008 during the financial crisis. Below we offer a diverse selection of reviews, ratings, and complaints pertaining to Monarch Precious Metals. You can select from a variety of goods that they offer. Readers should be aware that investment markets have inherent risks, and past performance does not assure future results. Since this is actually a precious metals refinery, they have the unique ability to mint silver bars that they stamp with their company logo. While there are not that many online reviews available for Monarch Precious Metals, it doesn't necessarily mean that the company is not trustworthy or deserving of your business. With our extensive research, we have compiled a list of our 5 highest recommended companies for this year! American Hartford Gold is devoted to helping you with your money. The only downside is that they do not have any IRA-eligible minted coins and bars. There are other companies who are better and will work with you instead of Monarch. The silver bars that they sell are one of the unique products featured by this company. Monarch seems to be a company that is good. Monarch Precious Metals will also purchase precious metals if you are looking to sell some items. This company has 25-50 employees, and they specialize in selling bullion coins. Or Get A Free Gold Investing Kit From Our #1 Recommended Company Right Away Below! Continue reading to learn more about the products and services offered by Monarch Precious Metals, as well as what past customers have said about their experiences working with them. The exact amount your items will be worth will vary based on the current spot price and some other factors. We may earn money from companies reviewed. The company operates as a gold and silver bullion dealer, minting its own products. They are made of copper and they are shaped in the form of zodiac rounds. This is how we maintain our free service for consumers. We know that picking a company to invest with is an important financial decision and we pride ourselves on providing accurate and reliable information! This refinery also sells a number of different packages containing US coins. Simply click on the links provided to study the reviews in greater detail. Your email address will not be published. Some people do not consider copper a precious metal. When you place an order, it will ship for free with free insurance. The most common copper gifts are zodiac rounds. Repeated issues with orders and customer service. They use old-fashioned methods to mark the pieces the mint, giving them a more rustic and traditional look. We were a bit surprised that we could not find any reviews of Monarch Precious Metals through the Business Consumer Alliance, TrustLink, or Google. Currency debasement? You can also purchase supplies, such as coin tubes and coins albums, through Monarch Precious Metals. Each of these rounds is printed with a design based on one of the twelve zodiac signs. If you have any of the gold or silver bars or rounds minted from the company, they will buy those back from you. Theres enough evidence to suggest they have a refinery and sell the items they advertise. Monarch does seem to be a legitimate company. This site was designed as an educational tool to help people navigate the many options that are available for people who want a non-traditional approach to investing. Their selection is far from the best if you want a wide array of copper products and investments to choose from. Apart from what it offers, this product also has glass vials with gold nuggets. Money Printing? If you like collecting gold and silver coins and valuables, this firm may be worth looking into. Instead, the gold round is 1 gram, and it has a mark on the front that says 1 gram .999 fine gold. You can buy silver bars, rounds, novelty products, and specialty products as well. As an example, you may want to purchase a roll of pennies that were minted prior to 1940. Finally, the refinery sells supplies for coin collectors. Monarch is a US company that makes and sells gold. Whats more, they offer some of the best prices in the industry. The business does not have any accreditation with the Better Business Bureau. So, if you have somebody in your life that loves astrology and is really interested in their star sign, this would definitely make a great gift. But thats about it for their gold bars in weight and design. The trademark of this company is that all their bullion is hand-poured and marked the old-fashioned way.. These are even more limited than the gold selection, and include: It's not the best selection if you're looking for a wide variety of copper bars and rounds. Do you think they're going to get your business, or are you interested in learning about one of top-recommended precious metals investment companies? You can choose from silver rounds, bars, specialty products, and novelty products. Youll also discover leather storage bags, capsules that are airtight, and boxes for gifts in the gift section on the site. Weve looked at everything for you and well fill you in on the details below. Precious metal demand went through the roof at this point in time, and it was a good time to get involved in this industry. Now we will finish this Monarch Precious Metals Review by answering this question. However, being genuine isnt sufficient in itself. Ive looked at Monarch Precious Metals and really tried to dive into what theyre about and if theyre a good choice for investors. You'll notice that they offer many novelty bars and rounds that you won't be able to find anywhere else. Learn more. They also have miscellaneous supplies for coin collecting on their website. They sell other precious metals as well including coins, collectibles, gifts, and much more. Many of our top recommended companies have been in business for a similar amount of time, yet they have thousands of reviews from past customers. Also, we do have advertising relationships with some of the offers listed on this website.
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