November 21


Is A- Mark Precious Metals a Scam? [Full Review]

A-Mark Precious Metals Review

In our review today, we shed light on A-Mark Precious Metals.

Our review shall focus on some of the commonly asked questions regarding the company such;

what is A-Mark Precious Metals? Is it a scam or a legit gold dealer? And what are some of the alternative Gold dealers out there for you?

Word of caution

Before we get into the nitty-gritty of our review, when investing, we strongly recommend that you should tread with care, especially if you’re planning to invest on the online platform to avoid getting ripped off.

Choosing the right metal dealer can be challenging, especially to new traders; this is because of the varied elements that exist in the trade such as shipping policies, storage fees, and hidden fees.

When conducting business with metal dealers, it’s always wise to review and compare the Top Gold IRA Companies before investing.

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What is A-Mark Precious Metals?

A-Mark is a full-service precious metals trading firm based in Santa Monica, California.

The company was founded in 1965 and currently specializes in the sale of gold, silver, platinum, and palladium bullion coins and bars.

Aside from the provision of bullion, A-Mark offers an array of financial services that includes consignment and hedging.According to a press release at BusinessWire, A-Mark Precious Metals list Greg Robert as their CEO.

Is A-Mark Precious Metals a scam?

So, is the business a scam? No, A-Mark Precious Metals is not a scam; it’s a legit firm.

For a start, it has real owners and a real address (2121 Rosecrans Ave Suite 6300, El Segundo, CA 90245, USA) to confirm its legacy.

Additionally, it has been in existence for more than five decades in the bullion industry.

Reviews, rating, and complaints

The fact that more than 90% of potential clients read online reviews and more than 80% of the online users trust online reviews as much as personal recommendations, reviewing a company is of much importance in the contemporary world.

Even though A-Mark Precious Metals has an excellent profile, the online reviews and rating of the company from some of the most trusted review companies tell a different story.

Aside from a 5 and 4.5 rating, out of possible 5 from Yelp and Glassdoor, A-Mark Precious Metals has not been reviewed by other major review sites including Better Business Bureau, Trustpilot, Trustlink, Ripoff Report, Pissed Consumer, Review Opedia and CitySearch.

Having zero rating from nearly 80% of the big fish review sites is definitely a red flag.

While you might think this is not a big deal, consider the fact that most of the A-Mark Precious Metals peers have plenty of online reviews from real users.

Moreover, most of the businesses have not in business for long as A-Mark has.

Should I Invest in A-Mark Precious Metals?

When deciding on whether to invest in a company or not, you first need to weigh the pros versus the cons of the company.

With regards to A-Mark, some of the pros include the provision of a wide array of services and existence of business for more than 5 decades.

On the other hand, the major cons of the company include lack of support or rather a robust customer care system, absence of enough online reviews, and absence of IRAS.

If you are a newbie and you want a newbie friendly investing website check out the 5 Best investing sites for beginners.

Editor’s verdict

Yes, A-Mark Precious Metals is definitely a legit company and a good one too.

An average rating of 3.0/ 5.0 would suffice since the cons seem to outweigh the pros and might make new investors a tad skeptical.

Our Recommendation

Are you in search of a reliable, reputable and professional gold IRA custodian besides any other company?

There are many good companies like BullionVault, DirectOnline, Sahara Coins

But the one we think is the best is called Regal Assets

Regal Assets boasts as the only gold IRA custodian with zero complaints, yes, zero complaints from real users.

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