Last Updated on November 14, 2023 by Ben
American Gold Exchange
If you’re looking for a way to buy and sell gold, silver or platinum without going through the hassle of dealing with banks then look no further than American Gold Exchange. They offer an easy way that will make all transactions fast (even international ones!) plus their rates are unbeatable!
A good place I found on Google where people can trade these precious metals is called “American Precious Metals Exchange”. It’s free so it saves both buyer/seller money in exchanging currencies like dollars into ounces-and vice versa) but also provides peace of mind knowing there was not
American Gold Exchange Review: Things You Should Know Before Investing
American Gold Exchange is a precious-metals dealer specializing in national sales & purchases of gold and silver coins, bullion. They also buy and sell all other precious metals, including platinum, palladium, and rhodium. They buy and sell large quantities of gold and silver to institutions, governments, mining companies, and individuals.
- All metals in their inventory are 100% legal tender for their face value.
- They do not deal in counterfeits or other fraudulent business practices.
- They specialize in small-quantity sales & purchases to avoid the lengthy processing times and higher fees involved in dealing with a large amount of money.
- They take great pride in the fact that they do not pay any service fees to their customers.
- They make all transactions with discretion and confidentiality.
Is American Gold Exchange a scam?
No. You have nothing to lose by trying them out. Do you owe someone money? Then send them gold. Do you need it? Then sell off your valuables, and they’ll make you a fair price for it.
American Gold Exchange Products
The United States Gold Coins are made of pure gold and minted by the US government. They’re popular choices for collectors, investors; you name it! The most common types include:
Eagle coins come in 1/10th ounce sizes (a heavyweight), as well as a quarter eagle denomination worth USD 50 per coin or more if struck during condition numismatic quality like “MS.”
Silver coins and bars
These coins are made of pure silver and circulate as small changes in the country. They bear the image of a specific state or memorial and are mostly issued by the government. Silver coins include the State of Virginia, Tennessee, the Liberty Bell, the Great Seal of the United States, and the bald eagle. Silver-content coins are often minted by private mints but are very high quality.
Platinum leaves and bars
This precious metal is so expensive that it is only minted in small quantities. It is used to make jewelry and is often alloyed with other metals to increase its durability. Platinum is the most coveted precious metal and is kept by collectors and investors for its beauty and rarity.
Palladium leaves and bars
Palladium is a soft, black metal, and it is used to make alloys, make pipes, and other stronger tools than steel. Palladium is much more valuable than platinum and has more uses.
How does the American Gold Exchange Work?
The American Gold Exchange in the United States was established to provide a safe and secure place for both buyers, who are looking forward to buying some gold coins or bars; as well as sellers that want cash quickly. They were the first such business to open its doors to the public, and they have enjoyed an unparalleled reputation for over a hundred years. They currently have four locations in the country, all in the Northeastern United States.
Want to buy gold or silver? Then go meet with a broker at your local bank. They have terminals in-person and by phone where they can trade for you quickly and easily! You can bring along someone to help you through the process if you want. If you don’t have anyone to accompany you, you can speak to one of the brokers directly. Some of them are quite friendly and knowledgeable, so you might want to ask for one of them instead of going through the normal appointment process.
Once you have made your selection, you’ll need to come to the office and present the necessary identification and paperwork to the broker. Then you’ll need to make a deal. The broker will give you an appraisal of your valuables, which you’ll need to approve. You can do so and sign the agreement. Then the broker will arrange for your coins or bars to be weighed, valued, and sent to a bank of your choice. You’ll need to schedule this for a day that is convenient for you. Finally, you’ll receive your payment, and then you’re free to go.
American Gold Exchange Ratings and Reviews Fees
The rates that the American Gold Exchange charges are reasonable, and they tend to be higher than most, but the service is generally worth it.
You can see the full list of fees for yourself by contacting them directly. There is a charge for foreign currency transactions at some branches, and there is also a charge for additional cash. This is a flat rate, regardless of the denomination.
There is a charge of 1% or higher for each transaction at other branches, and transactions under $10,000 are free of charge. You should check to see if your designated branch has a charge, and if so, how much it is.
What Makes American Gold Exchange Unique?
The employees are friendly and helpful, and the company has a longstanding reputation for excellence in its field. The company’s main products are gold coins and bars, providing platinum, palladium, and silver.
The company is privately owned and not a part of the Federal Reserve. This means that it does not have to participate in the daily market operations and is not manipulated by the government to change its rates or prices.
American Gold Exchange does not have a monopoly on precious metals, but it does have a dominant position in the market. As such, it has the freedom to set its prices. This also means that the company can invest in improving its business and not have to fear the possibility of a natural disaster or economic recession bringing their stock values and profits down.
American Gold Exchange Pros and Cons
Augusta Precious Metals
Augusta Precious Metals is also a good source for large quantities of gold and silver, both for sale and custom fabrication.
American Hartford Gold
American Hartford Gold sells a lot of its bullion to investors and acts as a middleman to make a private sale easier.
Goldco offers a cash-in-hand service and will buy your silver at a discounted price.
You might also want to look into selling to a private collector, as they tend to have more gold than they need and can pay a higher price than a bullion dealer.
Birch Gold is another option, as they tend to deal in more unusual items, including gold coins from various countries and silver items. Be sure to ask for a price quote before making a purchase.
The American Gold Exchange has been a nationwide dealer of United States Mint products for over 30 years. They are the only company to offer customers gold bullion coins, bars, and other precious metals from trusted sources in mint-sealed packaging with transparency at every step – all backed by excellent customer service! Its clients are willing to pay the highest prices for gold, silver, and platinum, and the company does not compromise on its integrity or its service.