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Orion Metal Exchange

About Orion Metal Exchange – Everything You Should Know

What is Orion Metal Exchange?

Orion Metal Exchange is a precious metals broker that was formed in 2017. In addition, the firm helps individuals looking to open a Precious Metals IRA with the easy process of doing so. 

Orion Metal Exchange has a nice range of gold, silver, platinum, and palladium coins for investment. There are no bars on offer. It’s unclear whether the firm has partnered with a preferred IRA provider for safekeeping services. The customer is free to select where to store their metals.

Who Are the Founders of Orion Metal Exchange?

Orion Metal Exchange, founded by Jacob Blalock in 2017, is relatively new to the precious metals sector. Despite this, it has made a great impact. The company’s headquarters are in Los Angeles, California, where it claims to have over 50 years of combined expertise in precious metals.

It has earned a lot of excellent testimonials and recommendations from hundreds of happy investors, making it one of the most well-respected precious metals dealers in the United States. The company caters to a wide range of precious metals investors’ demands, such as:

  • Sales
  • Liquidation
  • Education
  • Accredited IRA account set-up
  • Secure precious metals storage

It caters to investors from all over the world, including those in other countries who do not have access to precious metals or IRAs through their systems. Each investor is assigned an account representative who will work with him or her throughout the investment process.

Your account manager will be able to answer any questions you may have, as well as help you determine the optimum precious metals for your portfolio. Your account counselor will also keep in touch with you, providing you with up-to-date information on market conditions and economic events that could influence your investments.

Many individuals choose to use Orion Metal Exchange since the firm provides greater customization than other precious metals and IRA providers in the United States. You can even convert your existing IRA into a Gold IRA or precious metals portfolio if you like.

The Professional Coin Grading Service (PCGS) verified it. It also follows standards and regulations put in place by the Industry Council for Tangible Assets (ICTA) and the Numismatic Guaranty Corporation (NGC).

It’s a firm that you should examine if you want assistance with your valuable metals purchases. They can set your mind at ease by ensuring that the items you’re buying are correctly graded and valued.

Orion Metal Exchange Management Team

The website of the Orion Metal Exchange is not forthcoming about its administration team. LinkedIn, on the other hand, identifies Jacob Blalock as the company’s CEO and co-founder.

Orion Metal Exchange fees, products, and services

The Orion Metal Exchange sells several precious metals, including gold, silver, platinum, and palladium. They are available in coins and bullion bars.

Furthermore, it provides numismatic coins. Clients may also store their coins in its secure vaults, as well as home storage, safe vault, and of course, IRA services.

Fees

The representative from the Orion Metal Exchange provided details about its costs.

The storage costs for precious metals vary from $75 to $100 per year, depending on where they are stored. This price is similar to that of the market. Furthermore, insurance is provided as part of the service.

The $5,000 minimum IRA deposit is suggested, but the firm suggests that clients invest at least $30,000 to take advantage of advertising incentives.

On the firm’s websites, the prices and expenses of precious metals are stated. Furthermore, it provides pricing charts that may be beneficial to investors and clients.

Orion Metal Exchange Pros and Cons

Pros

  • Wide variety of products
  • No set-up or transfer fees
  • Insured shipping for customers who wish to store their metals at home
  • Free storage promotion

Cons

  • Can’t order or do business online
  • Lacks ratings and reviews

Orion Metal Exchange Custodian and Storage

The company offers several precious metals storage options:

Residential safe storage

Investors who want to keep their gold close by can use Orion Metal Exchange’s home safe options, which allow them to keep all precious metals safely stored and within arm’s reach.

Vault storage in an off-site depository

Customers who don’t want to keep their valuables at home may benefit from a depository vault. For domestic or international options, Orion Metal Exchange can refer to Brink’s for both safe and secure storage. This is the most desirable and common storage option.

Precious metals IRAs

Customers who want to put their valuable metals in an IRA can utilize Orion Metal Exchange’s services to get a Precious Metals IRA account set up or execute a rollover from an existing IRA.

What precious metals does Orion Metal Exchange offer?

The Orion Metal Exchange (OME) enables investors to invest in precious metals and manages precious metals IRAs.

Precious metals IRA

If you’re finding a way to save for retirement while investing in precious metals, Orion Metal Exchange can assist you with creating a precious metals Individual Retirement Account.

Traditional IRAs are one of several types of retirement accounts that may provide tax benefits if you use them to save for retirement. Any fund you contribute is subtracted from your taxable income when you complete your taxes, resulting in a lower tax payment over time. If you take money out of an IRA, for example, in retirement, when your tax rate is likely to be lower, you will pay taxes on the withdrawal.

Investors can add precious metals to their Individual Retirement Accounts (IRAs) through Orion Metal Exchange. You may deposit money into your account and work with them to acquire the metals you desire.

Silver, gold, platinum, and palladium products

If you don’t want to open an IRA to store your precious metals, you may still work with Orion Metal Exchange to acquire coins. Investors can buy silver, gold, platinum, and palladium through the firm, allowing you to diversify your assets.

The coins available for purchase have been produced in:

  • The United States
  • Canada
  • The United Kingdom
  • Australia

The majority of the coins on offer originate from the United States.

Another disadvantage of the Orion Metal Exchange is that you can’t place coin orders online, and many coins’ prices are not visible on the company’s website. To obtain pricing information and make a purchase, you must contact a representative.

Why You Should Invest in a Gold IRA Company?

When it comes to dealing with any financial services firm, you must first establish whether or not they are reputable. This is especially true when dealing with a precious metals company since you must have faith in it to securely store your assets.

The precious metals trade is a popular ground for fraudsters to ply their trade. This means that it’s even more crucial than usual to be sure you’re dealing with a trustworthy organization.

Orion Precious Metals is a well-known firm with excellent consumer feedback from many sources.

  • BBB – B+ rating and not BBB accredited with no reviews and one complaint about unreturned fees
  • Trustpilot – 4.8/5 rating with 97 reviews

The most common complaint about Orion Metal Exchange is that the daily market updates on gold or silver commodity spot pricing are insufficient. 

The “Charts” page, on the other hand, provides real-time pricing updates for gold, silver, platinum, and palladium. Still, it’s worth noting that while the company does provide market prices for precious metals, these are based on the economic cycle. 

If you have any queries about how the precious metals market operates, you may reach out to a representative by phone.

Alternatives

Goldco

www.goldco.com

Star Rating

Goldco is a firm located in Woodland Hills, California, that provides self-directed precious metal IRAs as an alternative to regular assets.

The firm provides a variety of investment services to help you profit from the market. While the actual precious metals that it offers are evident, there are a few additional possibilities for investors to consider. The business has a market system in place, for example.

This is available to investors as soon as they get involved with the company, and it is of high quality, according to Goldco reviews. There are a few things that people should think about before going forward.

It’s critical for any precious metals company to maintain an open channel of communication with its customers, especially if they’re the most important asset in its portfolio. This is true for all precious metals businesses and reflects their operations. When making a choice, having accessible information is essential.

American Hartford Gold

www.americanhartfordgold.com

Star Rating

American Hartford Gold, a family-owned firm, is committed to assisting customers in diversifying their assets with precious metals. The ounces in this category include silver, gold, and platinum coins and bars.

A new way to invest in precious metals, the Gold IRA combines real bullion with an IRA. To assist both novice and seasoned investors make educated judgments, American Hartford Platinum offers a wealth of precious metals market knowledge and historical background.

The firm is dedicated to making this information available for free so that investors may make the greatest judgments possible without being influenced.

American Hartford Gold has a high rating. They have been recognized by the BBB for 2016, and they have over 200 reviews on Google and Trustpilot. If you want to know that the company is reliable, then look at these reviews.

Augusta Precious Metals

www.augustapreciousmetals.com

Star Rating

Monevator has chosen Augusta, a market leader and proponent for incorporating actual gold and silver in retirement portfolios, as the Best Gold IRA Provider. With Augusta Precious Metals, you can rest assured that your physical gold and silver holdings will be handled with care over the long haul.

The process is made considerably simpler with the use of a third-party service that takes care of each step. As a result, this firm saves money by outsourcing various elements of the simplified technique, which are reflected in lower pricing for consumers.

According to the business’s website, Augusta is committed to complete openness, simplicity, and service for clients and their individual metals portfolios.

Augusta Precious Metals is distinguished from other gold businesses by its years of experience and knowledge of precious metals, especially gold and silver. Augusta is recognized for focusing on gold IRAs rather than other gold dealers that offer a variety of varied services.

Birch Gold

Birch Gold

www.birchgold.com

Star Rating

Birch Gold Group is a precious metals seller with more than 20 years of expertise in helping investors manage precious metals and Gold IRAs. For IRA investments or personal ownership, the firm sells actual gold, silver, palladium, and platinum.

The Birch Gold Group’s in-house IRA Department specializes in making the creation of a Precious Metals IRA or the transfer of retirement accounts painless for clients. With a firm focus on client education, Birch Gold invests time educating each investor about the advantages and drawbacks of precious metals investing based on their goals.

Investors who want to invest their gold, silver, platinum, or palladium in a retirement account can do so through a Birch Gold Group IRA. The company enforces IRS-mandated criteria for inclusion in an IRA to ensure that your purchases meet the standards. A precious metals IRA may be used to purchase a wide range of assets.

Regal Assets

www.regalassets.com

Star Rating

The firm Regal Assets is a well-known gold investment company. For ten years, the business has specialized in assisting clients in preserving their savings and assets through gold-backed IRA programs, becoming the industry leader.

Regal offers a comprehensive selection of precious metal options in all four categories of gold, silver, platinum, and palladium to thousands of investors who wish to buy bullion coins and bars. They then keep them outside of a risky jurisdiction both politically and legally.

This is a collection of the world’s most renowned and reliable mints, which produces the finest and most reputable coins and bars. The following page offers some helpful information on this subject.

Conclusion

If you are looking for a trustworthy company to help set up your Precious Metals IRA, Orion Metal Exchange might be the right choice. They have an extensive selection of coins and bars available in gold, silver, platinum, and palladium. The downside is that they do not disclose whether or not they partner with a preferred custodial service—you’ll need to contact them directly if you want more information about this aspect. Regardless, their prices seem competitive when it comes to precious metal dealers in the area, so we recommend giving them a try!

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