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 / 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.
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+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.
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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.
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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 / 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
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