APMEX vs Rosland Capital: An Unbiased Comparison
As the global economy sees increasing volatility, many investors are turning to precious metals as a reliable and stable investment. Among the numerous precious metals dealers in the market, APMEX and Rosland Capital have emerged as prominent players. But how do they stack up against each other in an APMEX vs Rosland Capital comparison? Let’s delve into an unbiased comparison of these top precious metals dealers.
Key Takeaways
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APMEX stands as a leading online dealer of precious metals with features like pricing transparency, an extensive product range, and a rewards program, though it has received some criticisms regarding buying prices and customer service.
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Rosland Capital offers a diverse selection of precious metals products and gold IRA services while facing mixed reviews on issues related to pricing transparency and fees.
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Both APMEX and Rosland Capital provide secure storage options and educational resources for customers, with APMEX having a noted advantage in transparency and inventory range.
APMEX Overview
Founded 23 years ago, the American Precious Metals Exchange (APMEX) has cemented its place as a leading online dealer of precious metals, renowned for its extensive range of products. The company’s reputation is underpinned by positive user feedback and endorsements from reputable organizations, making it a go-to source for purchasing physical gold.
APMEX’s distinguishing feature is their dedication to pricing transparency. The company offers live spot prices on their website and provides ‘As low as’ price estimates for all its products, empowering customers to make well-informed investment decisions. They also offer a variety of payment options, including paper checks, eChecks, bank wire, and trade, all of which come with a 4% discount.
APMEX Products and Services
APMEX’s extensive selection of gold, silver, platinum, and palladium products includes coins, bars, and rare collectibles. The company also offers a range of IRA-eligible metals for investment objectives, catering to a diverse array of investor and collector interests.
With over 30,000 unique items, the company’s product catalog is impressively vast. APMEX also offers a loyalty program, the Bullion Club, designed to provide customers with various tiers of benefits. Members can earn points through their purchases, which can be redeemed for precious metals or other eligible expenses, making it easier for customers to purchase precious metals.
APMEX Reputation and Customer Reviews
APMEX enjoys a strong standing among its clientele, with reviews often highlighting its reliability as a dealer of precious metals, including gold, silver, platinum, and other precious metals.
However, no company is without its flaws. Some customers have raised concerns about APMEX’s pricing, particularly related to the ‘buying prices’. There have also been some customer service issues that have impacted customers’ decision-making process when it comes to precious metals investing.
Rosland Capital Overview
Rosland Capital, established by Marin Aleksov, is a precious metals dealer with over 14 years of experience in the market. The company has a global presence, with its headquarters in California and additional locations in London, Paris, and Munich.
Offering a diverse range of precious metals products, Rosland Capital as well as gold IRA services. However, customer reviews of the company are mixed, with some praising their product selection and customer service, while others report issues with pricing and transparency.
Rosland Capital Products and Services
The offerings of Rosland Capital encompass a variety of exclusive coins and unique products, including rare coins. Some of the special collections available include:
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Formula 1 motor racing commemorative coins
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Williams Racing collections
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PGA Tour British Museum Masterpiece Collection
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International Tennis Federation’s Davis Cup and Fed Cup
The company also offers gold IRA services, providing a significant variety of coin options. However, investors must ensure that the selected precious metal products are approved by the IRS for IRA investments.
Rosland Capital Reputation and Customer Reviews
Despite its diverse product offerings and gold IRA services, Rosland Capital has received mixed reviews from customers. Some customers have praised the company’s dedicated precious metals specialists and commitment to customer service.
Nonetheless, issues surrounding the company’s pricing transparency have been raised. Customers have found the gold bar spread and premium for gold to be considerably high, and the company’s fees and substantial minimum purchase requirement have also drawn criticism.
Product Selection: APMEX vs Rosland Capital
In terms of product selection, APMEX offers a comprehensive variety of:
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gold
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silver
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platinum
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palladium products
They cater to the diverse needs of both investors and collectors. Additionally, APMEX has an extensive assortment of rare cents, quarters, and other antique currency with significant numismatic worth, which sets them apart in the market.
On the other hand, Rosland Capital offers a diverse range of products, including:
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Gold bullion coins
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Gold bars
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Silver bullion coins
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Silver bars
There is a clear emphasis on bullion products tailored for those interested in buying gold and silver as investments, particularly gold and silver coins, in the precious metals market. Silver gold bull is a popular choice among investors for its diverse offerings.
Pricing and Fees: APMEX vs Rosland Capital
APMEX and Rosland Capital both share a commitment to transparent pricing. APMEX’s pricing for its gold IRA services are openly disclosed and determined based on the Average Market Value of the items stored, making it competitive in the industry.
In contrast, Rosland Capital’s pricing structure exhibits variability, with spreads for precious metals generally ranging between 4% and 33% of the purchase price. This pricing is subject to fluctuation based on factors such as the type of precious metal, customer profile, and transaction specifics.
Customer Support and Education
Both APMEX and Rosland Capital place emphasis on customer support and education. APMEX offers:
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A user-friendly interface
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Real-time market data and insights
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A wide range of bullion, coins, and bars
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Customer support through phone calls
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Customer service offices open during specific hours
Similarly, Rosland Capital provides:
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A dedicated customer service department that can be reached through email, telephone, online form, or social media
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Educational materials designed to educate individuals about the worth and advantages of precious metals
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Guidance on purchasing gold and investing in gold IRAs
Storage Options and Security
Both APMEX and Rosland Capital provide secure storage alternatives for precious metals, giving customers convenient and reliable ways to protect their investments. APMEX offers storage solutions through Citadel Global Depository Services, a private storage facility managed by APMEX. This partnership ensures that the stored metals are completely safeguarded against physical loss, theft, or damage.
Meanwhile, Rosland Capital’s shared storage option for investors includes:
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A one-time $50 set-up fee
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Annual fees, which encompass a $100 maintenance fee
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A storage fee ranging from $100 to $150, contingent upon the type of storage chosen.
Gold IRA Services: APMEX vs Rosland Capital
While APMEX and Rosland Capital both provide gold IRA services, their offerings exhibit significant differences. APMEX provides the option for customers to establish precious metals IRAs and has formed partnerships with various custodians such as GoldStar Trust Company and the Entrust Group.
On the other hand, Rosland Capital also offers gold IRA services, allowing investors to incorporate precious metals into their retirement portfolio as a means to diversify their investment strategy beyond conventional stocks and bonds. However, there are potential concerns associated with gold IRA companies when working with custodians.
Pros and Cons of APMEX and Rosland Capital
APMEX emerges as a reliable dealer owing to its diverse product range, transparent pricing, and esteemed standing in the precious metals industry. However, some customers have raised concerns about their customer service.
Meanwhile, Rosland Capital, with its diverse product range and gold IRA services, presents itself as a suitable choice for investors. However, mixed customer reviews and concerns about pricing transparency need to be kept in mind.
Alternative Precious Metals Dealers
If you’re considering other options, there are several alternative precious metals dealers in the market. JM Bullion, for instance, offers an extensive array of products and customer-centric services such as complimentary shipping for orders exceeding $199 and an automated purchasing feature known as JM Bullion Auto Buy.
However, customer feedback for these alternative dealers also varies. While positive feedback often pertains to their extensive product selection and competitive pricing, they also have received complaints regarding incorrect product delivery, shipping delays, and subpar customer support.
Summary
In conclusion, both APMEX and Rosland Capital offer a range of services and products for those looking to invest in precious metals. APMEX, with its extensive product catalog, transparent pricing, and strong reputation in the industry, stands out as a reliable dealer. However, Rosland Capital, with its variety of products and gold IRA services, also offers a viable option for investors despite some concerns about pricing transparency and mixed customer reviews.
Frequently Asked Questions
Does APMEX sell fake gold?
No, APMEX verifies the authenticity of every Gold and Silver bar and coin purchased on the secondary market.
Is Rosland Capital any good?
Yes, Rosland Capital is a good choice due to its great reputation for customer service and unique products, along with a high BBB customer review rating.
Is it good to buy gold from APMEX?
Yes, it is a good idea to buy gold from APMEX. APMEX is a credible and reliable precious metal exchange with over 20 years in business and a team of experts vetting their products.
What is the most reputable place to buy gold?
The most reputable places to buy gold include JM Bullion, American Precious Metals Exchange (APMEX), and American Hartford Gold. These dealers are well-known for their trustworthiness and reliability.
What is the difference between APMEX and Rosland Capital in terms of product selection?
APMEX offers a wider product selection than Rosland Capital, including various precious metals like gold, silver, platinum, and palladium, as well as rare coins and collectibles. This enables customers to explore a broader range of investment options.
