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Money Metals Exchange Review

Sunday, April 14th

2024 Sites to Buy Gold Reviews

Money Metals Exchange Review 3.5 Star Rating

Money Metals Exchange

3.5 Star Rating
  • Bars, coins, jewelry, and other gold items available
  • Free expert consultation
  • Monthly subscription plan available
  • Have your gold shipped or stored safely in MME's Idaho depository
  • Free shipping on orders over $199
  • Storage fees: $96 for a value under $16,000, percentage-based for higher values (0.39%-0.59%)
  • "A+" rated and accredited by the BBB
  • In business since 2010

Money Metals Exchange was founded in 2010 as an exchange dealing in gold, silver, copper, palladium, platinum, and rhodium. Their goal is to make precious metals more accessible to regular investors.

Born in response to exploitative advertisers

The founder, Stefan Gleason, established Money Metals Exchange as a direct response to the exploitative practices of national advertisers selling "rare," collectible, and numismatic coins. These advertisers often impose hefty markups of 50%, 100%, or even more above the coins' intrinsic melt value. Money Metals Exchange firmly holds the belief that the average investor should primarily acquire precious metals that are priced close to their actual melt value. They contend that the rare coin market is better suited for seasoned collectors with substantial disposable income.

Gold subscription to put your investing on autopilot

Money Metals Exchange is one of a very small number of gold-buying sites that gives you the opportunity to set up a subscription. It's easy to automate your investment with an ongoing delivery of 1-gram gold bars, Lady Liberty rounds, American Buffaloes, Canadian Maple Leaf coins, Australian gold kangaroos, or several other options. (There's a similar subscription for silver, if you'd like to mix it up.)

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Extensive list of gold categories

But, of course, you're also welcome to buy gold a la carte. Money Metals Exchange doesn't show you everything they offer on one page, so you'll need to start with a category. These include:

  • Coins
  • Rounds
  • Bars
  • Fractionals
  • Canadian Coins
  • US Coins
  • Australian Coins
  • World Mints
  • Eagle Coins
  • 99999 Bullion
  • Eagle Proof Coins
  • British Coins
  • PAMP Suisse
  • Goldback Currency
  • Perth Mint Lunar Series
  • Jewelry

Need more filters

Even when you choose a category, you'll still have to scroll through to see what's on offer. We wish that MME had filters to sort by price, availability, weight, and so forth. As we scrolled, we saw that quite a few gold options were designated as "in-stock alert" : in other words, they weren't available for purchase, but interested customers could opt to be notified when it was back in stock. Some rival sites allow shoppers to display only what's actually ready to be ordered, and we'd recommend that Money Metals Exchange take a page out of their book.

Independent storage facility available

When you've decided which gold to purchase, you've got two options: shipping to you (free on orders over $199) or storage in Money Metals Exchange's secure depository. Unlike some gold sellers who partner with third-party storage facilities, MME holds gold in their own secure facility in Eagle, Idaho - and they'll proudly tell you that the county sheriff's office is in the same building. If you like the idea of having your gold stored somewhere that is completely independent of any bank, government or even Wall Street, MME's got you covered. Your fees will depend on the value of the gold you have stored (starting at $96/year for values under $16,000 and percentage-based for amounts thereafter).

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Mixed but mostly positive feedback from investors

However, feedback for Money Metals Exchange is a mixed bag. It seems like you'll either love it or hate it here. Long-term customers who rave about buying gold here would tell you about the quality of the items they've purchased, the excellent shipping and customer service, and the great value of the precious metals they've added to their investments. The Better Business Bureau would agree with those clients, adding an "A+" and accreditation to the 150+ 4- and 5-star reviews left on the BBB website. However, MME gets its fair share of complaints, with 50 people taking to Trustpilot to leave this store with the lowest possible rating. To be fair, some of the unhappy customers seemed to not have a clear understanding of how it works when buying precious metals, while others took issue with delivery problems that weren't MME's fault.

Decent choice for buying and storing gold

There's a lot to like about Money Metals Exchange. Getting gold via subscription is a solid way to automate your investments, and some investors will really appreciate the way that MME offers storage in a somewhat off-grid way (though with all of the security protocols you'd expect, of course). While we're not impressed with the site navigation compared with some of MME's rivals, or with the volume of negative complaints, neither issue is enough to keep Money Metals Exchange from earning a good rating from us.

Where is the Best Place to Buy Gold?

If you're interested in buying gold, you're not alone. Buying gold online has seen a surge in popularity over the last few years. Several factors have converged to make this option increasingly attractive for investors and consumers alike.

Of course, buying gold has been a popular investment and store of value for centuries. One primary motive is as a hedge against economic uncertainty. In times of financial instability or inflation, investors seek assets with intrinsic value and a history of retaining worth. Gold, with its enduring allure and historical significance as a store of value, becomes an attractive option.

The Best Sites to Buy Gold Compare Sites to Buy Gold Compare Sites to Buy Gold Reviews What are the best Sites to Buy Gold Best Sites to Buy Gold Reviews

Sites to Buy Gold FAQ

There are many reasons you should consider buying gold. As a precious metal, it maintains value in a way not seen with paper currency or other assets. Buying gold increases in popularity when the US dollar weakens, too. Some people simply enjoy buying gold as a fun and beautiful way to expand their investments and pass their wealth down to their children and grandchildren.
Gold can be a way to diversify your investment portfolio. There are pros and cons to buying gold specifically as an investment; the value can rise and fall, and it may not be easy to liquidate. On the other hand, gold's value is recognized worldwide (unlike currency) and some investors feel that buying gold is a solid inflation hedge.
Most people buy gold in coins or bars. Popular coins include Canadian Gold Maple Leafs, American Gold Eagles, and South African Gold Krugerrands. Gold bars come in a wide range of styles and weights, from as small as 1 gram all the way up to 1 kilogram or 100 ounces (or larger).
Some people enjoy having a mix of metals. You could expand your collection into silver, platinum, palladium, rhodium or copper, depending on the seller you choose and what they have on offer.
A fireproof home safe is a good idea if you plan on storing your gold at home. You can also keep it in a safe deposit box at your local bank. However, many retailers where you buy gold have secure on-site storage facilities of their own, if you prefer not to have the gold in your possession.
Simply put, there's no better selection anywhere you could shop locally. When you buy gold online, you get the world's best inventory and can compare one seller against another to get the best price and customer service. Especially if you're looking for a unique coin or a hard-to-find bar weight, you'll want to take advantage of the shopping experience only available online.
When you buy gold, your package will be insured for its full value. For extremely high-value order (over $2,000) the company will probably use Registered Mail for delivery and require a signature to confirm that you received it.
Yes, most of them are well-established businesses that have been serving customers for many years. But, it's a good idea to verify the reputation of any gold store you're considering: start by checking out the company's listing with the Better Business Bureau, and then see what clients have said about their experience with the retailer when buying gold or other precious metals.
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Continued from above...

Regardless of global economic conditions, investors also buy gold to diversify their portfolios. This spreads financial risk across different asset classes, which can strengthen a portfolio. Additionally, gold has intrinsic value, as it's used in industries like jewelry and technology, creating demand that can support its price.

In recent years, online platforms have made it easier for people to purchase gold from the comfort of their homes. Buying gold online offers several advantages. First, it provides convenience. You can research, compare prices, and make purchases anytime, anywhere. Online platforms typically have a wider selection of gold products, from coins to bars, making it easier to find the exact type of gold you want.

Reputable online retailers typically offer lower premiums over the current market price, making it a cost-effective choice. And, of course, online transactions are secure and transparent, with most dealers offering multiple payment and delivery options.

So, if you're interested in buying gold online, where do you go? There are so many options out there, and not all of them are as reputable. As you consider which platform to use for your purchase, keep these factors in mind to make a comparison:

  • Pricing. Compare prices from different dealers to make sure you're getting a competitive deal. Pay attention to premiums, which can vary between gold products and sellers. A few sites offer a best price guarantee.
  • Transparency. Ensure the dealer is transparent about their pricing, fees, and policies. Hidden costs can significantly affect the overall value of your investment.
  • Reputation. Look for established and reputable dealers with a track record of reliable service. Read customer reviews and check for any complaints or issues with the dealer. Good customer service is crucial, especially when dealing with big investments. Responsive and helpful support can make your gold buying experience smoother and give you peace of mind.
  • Storage and delivery. Find out how the gold will be stored or delivered. Some dealers offer secure on-site storage options, and most can deliver the gold to your doorstep. Choose a method that aligns with your preferences and needs.

Buying gold online can be a practical and secure way to invest in this precious metal. To help you in your gold buying search, we here at Top Consumer Reviews have researched and ranked today's most popular sites to buy gold. We hope this information makes it easy for you to get the gold you're looking for!

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  • Silver Gold Bull
  • Bullion Vault
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  • Money Metals Exchange
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  • GoldClub Direct
  • Universal Coin
  • Golden State Mint
  • GMR Gold
Silver Gold Bull vs Bullion Vault Silver Gold Bull vs Golden Eagle Coins Silver Gold Bull vs BGASC Silver Gold Bull vs Money Metals Exchange Silver Gold Bull vs JM Bullion Silver Gold Bull vs GoldClub Direct Silver Gold Bull vs Universal Coin Silver Gold Bull vs Golden State Mint Silver Gold Bull vs GMR Gold Bullion Vault vs Golden Eagle Coins Bullion Vault vs BGASC Bullion Vault vs Money Metals Exchange Bullion Vault vs JM Bullion Bullion Vault vs GoldClub Direct Bullion Vault vs Universal Coin Bullion Vault vs Golden State Mint Bullion Vault vs GMR Gold Golden Eagle Coins vs BGASC Golden Eagle Coins vs Money Metals Exchange Golden Eagle Coins vs JM Bullion Golden Eagle Coins vs GoldClub Direct Golden Eagle Coins vs Universal Coin Golden Eagle Coins vs Golden State Mint Golden Eagle Coins vs GMR Gold BGASC vs Money Metals Exchange BGASC vs JM Bullion BGASC vs GoldClub Direct BGASC vs Universal Coin BGASC vs Golden State Mint BGASC vs GMR Gold Money Metals Exchange vs JM Bullion Money Metals Exchange vs GoldClub Direct Money Metals Exchange vs Universal Coin Money Metals Exchange vs Golden State Mint Money Metals Exchange vs GMR Gold JM Bullion vs GoldClub Direct JM Bullion vs Universal Coin JM Bullion vs Golden State Mint JM Bullion vs GMR Gold GoldClub Direct vs Universal Coin GoldClub Direct vs Golden State Mint GoldClub Direct vs GMR Gold Universal Coin vs Golden State Mint Universal Coin vs GMR Gold Golden State Mint vs GMR Gold
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