Is Monarch Precious Metals reputable? If you are looking to buy from them, we recommend you read this detailed review to get the facts and avoid getting scammed.
Table of Contents
- 1 What Is Monarch Precious Metals?
- 2 Monarch Precious Metals Review Summary
- 3 Location:
- 4 Address:
- 5 Year Founded:
- 6 Management:
- 7 Website:
- 8 Rating:
- 9 Monarch Precious Metals Products
- 10 How Do You Get Started?
- 11 Does Monarch Precious Metals Offer Precious Metals IRAs?
- 12 Pros of Monarch Precious Metals
- 13 Great Products
- 14 Professional Staff
- 15 They’ve Been Around for Quite Some Time
- 16 Cons of Monarch Precious Metals
- 17 Does not Offer IRAs
- 18 Lacks Reviews
- 19 You Can’t Sell To Them
- 20 Monarch Precious Metals Ratings and Complaints
- 21 Is Monarch Precious Metals Legit or Scam?
- 22 Monarch Precious Metals Reviews- Conclusion
What Is Monarch Precious Metals?
Monarch Precious Metals is a family-owned precious metals dealer based in Medford, Oregon. The company was established in 2008 and was initially known as the Oregon Coin and Jewelry. MPM soon started minting their own bullion after facing difficulties sourcing products for their clients. All their products are hand-crafted and include gold, silver and copper coins and bars. There are no IRA-approved bullion on their catalog, and they are currently not offering precious metal IRAs.
Monarch Precious Metals Review Summary
3977 Crater Lake Hwy
Medford, OR 97504-9742
Linda Kaylor (Member)
Rating:(3 / 5)
Monarch Precious Metals Products
Monarch Precious Metals mainly mints and sells gold, silver and copper bars and rounds. They claim to source their raw gold and silver from top refineries around the world. Also, they promise to offer the best quality bars and rounds with .999 fineness. Below are some of their products.
- ¼ Gram .9999 Fine Gold Round
- ½ Gram .9999 Fine Gold Round
- 1 Gram .999 Fine Gold Round
- 1 Gram .999 Fine Silver Round
- 1/10 oz .999 Fine Silver Round
- 1/4 oz .999 Fine Silver Round
- 5 Gram .999 Fine Silver Bar
- 1 oz .999 Fine Silver Bar
- 1 oz Copper Zodiac
For more information about Monarch Precious Metals products, you can visit their official website.
How Do You Get Started?
Start off by creating your customer account on Monarch Precious Metals’ website. After logging in, navigate to their product catalog and select products of your liking to be added to the cart. Thereafter you will be taken to the checkout where you can pay via credit card, debit card, check or bank wire.
Does Monarch Precious Metals Offer Precious Metals IRAs?
No, they do not offer IRAs at the moment. They are also not offering IRA-approved coins such as American Gold or Silver Eagles. Furthermore, Monarch Precious Metals does not offer platinum or palladium products. You can learn about our top rated precious metals IRA provider on this page.
Pros of Monarch Precious Metals
By sourcing raw materials from the best refineries in the country, they are able to mint some of the best bullion products in the industry. Most of their bars and rounds have a .999+ fineness.
Monarch Precious Metals boast a highly dedicated team of skilled workers who produce top quality bars, rounds and investment-grade bullion.
They’ve Been Around for Quite Some Time
They’ve been in business since 2008, which means they are not only reputable but reliable.
Cons of Monarch Precious Metals
Does not Offer IRAs
Precious metals IRAs are currently not being offered by Monarch Precious Metals. IRA-eligible bullion is also not produced by the company.
They have very few reviews on review sites such as the Better Business Bureau (BBB). Generally, they have insufficient customer reviews and ratings across the entire internet.
You Can’t Sell To Them
Unfortunately, you can’t sell back to the company as they have no buyback program in place.
Monarch Precious Metals Ratings and Complaints
In spite of the lack of a BBB accreditation, Monarch Precious Metals boast a 3/5 rating from the platform based on just 2 customer reviews and 0 complaints. Additionally, they’ve earned a 3.7/5 stars rating on Trustpilot based off of 1 customer review. There are no reviews or ratings of Monarch Precious Metals on Trustlink, Business Consumer Alliance or Yelp.
- BBB: 3/5 rating, 2 reviews (view details)
- Trustpilot: 3.7/5 rating, 1 review (view details)
- Trustlink: N/A
- BCA: N/A
- Yelp: N/A
Is Monarch Precious Metals Legit or Scam?
Monarch Precious Metals is a legit precious metals mint. They’ve been in business since 2008 and have a verifiable address at 3977 Crater Lake Hwy
Medford, OR 97504-9742.
Monarch Precious Metals Reviews- Conclusion
Monarch Precious Metals is a precious metals dealer and mint based in Medford, Oregon. The company has been in business since 2008, and mints its own products including gold, silver and copper rounds and bars. Monarch Precious Metals is known for quality precious metals and skilled employees.
On the negative, Monarch Precious Metals has no reviews online. They also don’t offer IRAs or a buyback policy.