The Most Popular Money Metals Review
Founded in 2010, Money Metals Exchange is a prominent online bullion dealer specializing in the sale of precious metals. Known for competitive prices and a focus on education, the company helps make metals investing accessible to a wide range of individuals. The company offers a full spectrum of services, including safe storage and monthly accumulation plans.
Precious metals are viewed as a safe haven asset during economic uncertainty and are often used to diversify an investment portfolio. They are also commonly viewed as a hedge against inflation. Some investors choose to invest in precious metals for their rarity, collectability, and beauty. Others seek out these commodities for their potential to increase in value. Still, the majority of investors buy gold and silver because of their ability to protect against currency depreciation and inflation.
Gold Bullion Coins
The most popular form of physical precious metals, gold bullion coins are a common choice for investors due to their purity and liquidity. They are available in a number of sizes and weights, making them an excellent way to build wealth or preserve wealth over time.
Money Metals offers a diverse selection of gold bullion coins, including the American Gold Eagle and Canadian Maple Leaf. The website features real-time pricing and a variety of educational resources that can help new investors understand the market and make more informed decisions.
In addition to selling and purchasing gold bullion and silver bullion, Money Metals also provides a full range of services for those looking to sell their existing metals. Interested parties can contact the company’s customer service team to discuss a purchase and agree on a price. The company then sends a payment to the investor and provides instructions for shipping their products back securely. Once the metals are received and verified, the company pays the original owner for their investment.
The company’s in-house Individual Retirement Account (IRA) department allows customers to hold physical precious metals in their IRA accounts. The company’s IRA department works with clients to establish and manage their self-directed precious metals IRAs, helping them diversify their retirement portfolios and hedge against economic uncertainty.
Unlike some of their competitors, Money Metals doesn’t charge any set-up fees for IRAs. Additionally, the company’s IRA accounts are fully FDIC insured.
Money Metals’ in-house IRA department makes it easier for investors to take advantage of the potential tax advantages associated with precious metals investing. Depending on their IRA type, investors can receive up to 75% of the total value of their bullion assets in the form of cash or an exchangeable asset. The company also offers a buyback service, which is a convenient and simple way for investors to liquidate their holdings if they need to access the funds quickly. Customers can use a bank wire transfer, personal check, or credit card to pay for their purchases.