Gold Retired

  • Buying Guide
  • Learn
    • 401k to Gold IRA Rollover Guide
    • #1 Recommended Gold & Silver IRA Solution!
    • Avoid Gold IRA Scams! | (Learn how)
    • Investing in Gold for Beginners | Basics & Tips
    • Top-5 List of Gold Investment Companies | U.S. 2023
    • What is a Gold IRA?
    • What is a 401k to Gold IRA rollover?
    • What is Numismatic Gold Coins? | BEWARE!
    • Gold IRA Pros and Cons
    • Gold IRA Rules and Regulations | 2022
    • Top-5 Gold & Silver IRA Companies | 2022
    • Top 5 Best Gold Coins – Investors Favorite Picks
  • Reviews
    • Augusta Precious Metals
    • Goldco Precious Metals
    • American Hartford Gold
    • Birch Gold Group
    • Advantage Gold
    • Noble Gold
    • Oxford Gold Group
  • Blog
    • Central Bank Digital Currency in USA – Is it being introduced?
    • Why Gold Hedge Against Inflation | one-eyed man in the kingdom of the blind
    • Where do wealthy people invest their money?
    • Gold in War | Why is it a good idea?
    • What Does the Bible Say About Retirement? | Gold & Silver?
    • How to Invest in Gold? | Different Ways You Can Do It
    • Gold Vs. Silver Investment | What makes most sense to you?
    • How to Protect Your 401k From a Market Crash | 6 Best Tips!
    • Gold IRA Scams! | Learn How to Avoid Them!
    • Roth IRA versus Traditional IRA | What Are The Differences?
    • Is it Worth Investing in Gold? Your Freedom is Under Attack!
    • What is IRA Basis? | Simple Explanation
    • 16 coins to have in a Cryptocurrency IRA | New 21/22 List!
    • What is The 702(j) Retirement Plan? | Not a Smart Idea?
  • Our #1 Recommendation

What is Monarch Precious Metals? – Recommended or a pass?

February 15, 2019 by admin Leave a Comment

Hello and welcome to Gold retired! Today’s review will be about Monarch Precious Metals. What is Monarch Precious Metals? How does it work? What are the fees you can expect when buying from it? Can you sell back to the company? And, as always, we’ll identify all the other essential details you need to know! Let’s jump right into it!

Company: Monarch Precious Metals 

Website: www.monarchpreciousmetals.com

Owner: N/A

Price: Depends on your investment

Who is it for? Gold and silver investors and collectors

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


Essential to mention (before we go into more details of this review)

We strongly recommend doing your research online before choosing a company to invest in. There are so many reviews online of clients being ripped off and scammed. So please investigate thoroughly and compare different alternatives before you make your decision.

One example: 99.9% of companies got “pushy” salespeople trying to stress you into acting fast.

Here is the thing, the #1 Recommended Gold & Silver IRA Dealer on our top-5 list got No-salesy representatives… So they won´t bother or terrorize you with phone calls. 

You are intelligent, so I am sure that you understand the benefits of dealing with such a company instead, right?

+They got a couple more benefits you might appreciate as much as I do. You will understand yourself once you have visited the page (link) above.

==> See our Top-5 List of Precious Metals IRA Companies on this page <==

With that being said, let´s continue with the review on Monarch Precious Metals!


What is Monarch Precious Metals?

Based in Medford, Oregon, and established in 2008, Monarch Precious Metals is a private U.S. refinery and mint. It has 25-50 employees and specializes in selling standard bullion coins and products, numismatic coins, and collector’s supplies. The trademark of this company is that all their bullion is hand-poured and marked ” the old-fashioned way.”

The physical address of the company is: 3977 Crater Lake Hwy, Medford, OR 97504


How does it work?

The website is pretty self-explanatory. You can choose between the different products that we’ll be discussing below.

Monarch Precious Metals is more targeted towards small investors than large and retirement investors. If you’re into collecting gold and silver coins and valuables, this company might be worth considering. Otherwise, it would be best if you looked in other directions. Don’t know where to start? Check out our #1 Recommended companies

So, What are the products and services offered?

According to their website, Monarch Precious Metals produce gold and silver bars “.999 fine”. They offer Bullion Bars and Coins, Numismatic Coins, and more!


Does Monarch Precious Metals offer IRAs?

Unfortunately, Monarch Precious Metals doesn’t offer IRAs.

Important to mention here:

Always make sure that you know exactly what fees are associated with setting up an IRA before signing anything. There are so many reports of people being ripped off and scammed online, and in most cases is in the form of so-called hidden fees where this takes place. Transparency is what you want to look for.

**Click here for our #1 recommended IRA solution


Can you store with the company?

There is no information about this on the Monarch Precious Metals website.

Can you get the metals delivered home?

Yes, and that’s basically what Monarch Precious Metals is all about. It’s like a gold and silver store where you can buy high-quality bullion.

You should bear in mind shipping fees before buying from this company.

Click here to find out more about them! (opens in new window)

Can you sell back to the company?

Yes, you can sell back to the company! A page on the monarch, precious metals website is like a selling back FAQ page. I liked that! The page explains everything there is to know about selling back to them, including the steps you must follow to do it without any problems.

The following is an exact excerpt from this page:

We buy back any Monarch Precious Metals branded gold or silver bar or round. We will also buy other brands of .999+ fine gold and silver bars and rounds. We do not currently buy 90%, 40%, and 35% silver U.S. coins or any other types of precious metals (platinum, palladium, etc.) and we only buy .999+ fine gold and silver (no .925 sterling or other gold or silver with purity less than .999).

What countries are allowed (International shipping?)

Unfortunately, Monarch Precious Metals does not ship internationally.


Online reviews, ratings, and complaints

BBB: Rating: A+ ( Not Accredited by the BBB)

Monarch Precious Metals has one complaint closed with the BBB click here for details (opens in new window)

Yelp

Rating: N/A

Trustpilot

Rating: N/A

Trustlink 

Rating: N/A

The conclusion from this:

As I said above, if you’re a coin collector or a small investor, it might be a good choice. But, it would be best if you took the lack of review this company has into consideration. Not one of the well-known review sites includes reviews about this company.

If you want to invest a more significant amount in gold and silver, you can:

**Read about the #1 rated company instead! (with most reviews from 3rd party consumer protection agencies in the industry)


Do You Own or Represent Monarch Precious Metals?

If you are a representative or associate of Monarch Precious Metals and have found something not to be correct in this review, please, feel free to tell, and I will make sure to update the info on this post. The easiest way to do it is in the comment section below, or else you get the e-mail on the about page.


Final words and verdict

Verdict: Legit

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

Monarch Precious Metals’ website is user-friendly and easy to use. They have decent products, but there are many better alternatives, whether you’re a small, medium, or prominent investor.

The lack of reviews they’re suffering from makes them fall behind compared to other well-established alternatives.


Are you looking for a precious metals IRA in particular?

As mentioned earlier, it is always recommended to compare different options against each other to get a better overall view and find the company that suits your needs the best.

You made a wise choice reading this review, and you are an intelligent person, so I am sure that you will find the right one that suits your particular needs the best!

Below is the absolute highest rated one, by us (Gold retired), but also the best rated one overall according to the most well-known and trusted review and rating sites:

Click here to read about our #1 recommended precious metals IRA custodian


That’s everything we could gather about Monarch Precious Metals. Hopefully, you now know what it is and if it’s the right fit for you. Overall, I hope this review was of great value to you! If you have any questions or personal experience with Monarch Precious Metals, please let us know!

See you next time!

Micheal,

Founder of: GoldRetired.com

Filed Under: Gold, Gold Review

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • 401k to Gold IRA Rollover Guide | 5-Steps
  • Our #1 Recommended Gold & Silver IRA Solution
  • Avoid Gold Scams! | (7-Minute Read)
  • Top-5 Gold IRA Companies 2023
  • 2023 Buying Guide (gold & silver for any budget)
  • How To Invest In Bitcoin – From Your Retirement Account
  • How to avoid Bitcoin Scams

Useful Links

  • About Us
  • Contact Us
  • Affiliate Disclaimer
  • Privacy Policy

Gold Retired © 2023 | All Rights Are Reserved

  • See #1 Recommended Gold & Silver Firm