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What is American Precious Metals? – Are they your new gold dealer?

September 18, 2018 by Pete Leave a Comment

This is a review of a company called American Precious Metals Inc. What is American Precious Metals? Do they ship all over the US?

Let’s find out!

What is American Precious Metals

Product: Precious metals.

Website: www.apmaz.com

Owner: Courtney Svendsen (President)

Price: Depends on your investments.

Who is it for: Investors.

Overall rating: 3 out of 5 stars (3 / 5)


Important to mention before we continue with the review: 

We always strongly recommend doing your research online before you choose a company to invest in. There are so many reviews online where former clients claim they have been ripped off and scammed. One tricky way companies get away with this is they disguise charges in so-called “hidden fees”.

So always be aware and please, investigate completely before you make your choice when it comes to big investments.

——–>To see the #1 safe and recommended gold custodian, CLICK HERE!

With that being said, let’s continue with the review!


What is American Precious Metals? – Overview

What is American Precious Metals
Jerry Williams

American Precious Metals Inc. is a company that sells and buys precious metals. The business was started in 1993 by a man named Jerry Williams. Currently, his daughter Courtney Svendsen is running the company. Their headquarters are located in Phoenix, Arizona but they ship all across the US.

The products and services offered

Below are just a few examples of the products that American Precious Metals Inc. offer;

  • Gold Krugger
  • Gold American Buffalo
  • Gold Bar
  • Silver Canadian Maple Leaf
  • Silver American Eagle
  • Silver Austria Philharmonic
  • Silver Rounds
  • Silver Bars

You can also get help with setting up a precious metals IRA account. American Precious Metals Inc. is not a real gold custodian but they recommend you pick New Direction IRA, Inc. for your self-directed IRA account. What is American Precious Metals

American Precious Metals also recommends CNT Depository, Inc. for storing your investment.

How is the support?

Through their website, you can contact them by filling out a form and they will get back to you in a few days. There is also a TOLL-FREE number you can call during office hours, Monday through Friday.

They also have a Facebook and a Twitter account that are updated frequently with information about the price of gold, gold IRA accounts, and other various news. There is also a blog on the website where Jerry Williams sometimes writes a post about the current situation of the economy or about the business at large.


Are there any red flags?  

You should always review and compare different investment companies against each other before you make a final decision.

Below I have listed the most trusted and well-known review and rating sites online to see what score they have given American Precious Metals as this is a good indication of how good the particular company performs and treat their clients:

BBB

Score: A+

BCA

Score: Not listed.

Trustlink

Score: Not listed.

Yelp 

Score: 5 out of 5 stars (5 / 5) (based on 4 reviews).


Is American Precious Metals A Scam?

No, American Precious Metals Inc. is not a scam. It is a legit company that has been around for over 20 years now. It is a local family-owned business that seems to be doing good at keeping their clients happy.

One thing that I did notice is that there aren’t a lot of reviews online of the company. This is not an indicator that they aren’t a good company but it can mean that they haven’t reached out to a lot of (potential) clients. Another reason for the lack of reviews might be that they have older clients that don’t use the Internet the same way as the younger generation does.


Are there better alternatives out there?

YES! There are a few ones I would consider better alternatives but the absolute best one I can recommend is; GOLDCO.

Goldco offers precious metals and Gold IRA to their clients with expert support. They have been in business for over a decade and received great reviews from their customers and gotten great scores on different online review and rating sites. It is easy to get started by going to their website where you find all the information you need to get going.

Click here to check out my review of GOLDCO!


The good                                                                                          

  • Been in business for over 20 years.

The bad                                                                                              

  • Not a true gold custodian.
  • Few reviews found online.

Final words and verdict

Verdict: Legit

Overall rating: 3 out of 5 stars (3 / 5)

American Precious Metals Inc. seems like an honest company that really enjoys doing business with precious metals. Based on the reviews I did find online it seems like the customers are happy with their overall experience. Most of the people praise the founder (Jerry) and his daughter for the help they have gotten and it seems like they have been treated like family. Locally it is probably known that American Precious Metals Inc. is a good precious metals dealer that you want to do business with. This company suits the small town collector who wants to do business with nice people and where they can have a chat about the economy.

However, based on the fact that they are not a real gold custodian and that the products that they offer are very limited, I wouldn’t recommend this company to a serious investor. If you want to find out which is the best gold companies out there, click on the link below!

KEEP READING TO FIND OUT WHICH COMPANY I RECOMMEND!


If You Are Looking For A Company That Has The Full Gold IRA Experience, Check Out The Link Below To My Number One Recommended Company!

Check out my # 1 recommended IRA company here!


I hope you found this review on what American Precious Metals is to be helpful and that you found it interesting. Please, make sure to share your experience with us if you have any in the comment section below as it can help others. Also, if you have any questions about this review we will be more than happy to answer them below!

Please, if you think this review can help others make sure to share it by using the share buttons below! 

I wish you the best life has to offer!

Pete,

Investor, writer, and team member of Gold Retired.

Filed Under: Pete Tagged With: gold company review, gold ira review, What is American Precious Metals

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