Monarch Precious Metals, nestled in the heart of southern Oregon, emerged as a beacon during the 2008 financial meltdown. Born amidst soaring demand for precious metals, they seized the chance to dive into this sector.
Monarch crafts silver and offers it to savvy investors. How do they operate? Keen on feedback from prior clients? Allow us to shed light on the essentials you should be aware of.
Monarch Precious Metals, being a refinery, can shape silver into bars bearing their emblem. Besides, they showcase a mix of other metals, coins, tools, and unique gifts on their digital platform.
The firm doesn't notably distinguish IRA-eligible precious metals. If eyeing a precious metals IRA, lean on an expert's better. Such dedicated firms are well-versed in IRS norms and smoothly walk you through the journey.
Silver is the prime focus for this company, given it forms most of their refinery work. Their offerings range from silver rounds and bars to unique and novelty items.
Diving into their silver rounds, they present choices like the one-ounce zodiac designs, notable event-themed bands, and oversized and fractional selections.
Their silver bars represent a signature touch, boasting designs such as intriguing skull bars, constructive blocks, and distinctive bars. Their niche silver collection features skulls, building pieces, and renowned Egyptian-themed series.
This company also refines a bit of gold. They offer elegant gold rounds adorned with Monarch's branding and various patterns. Before dispatch, every game gets securely encased in a capsule.
They additionally showcase a 1/10th ounce gold bar, delivered sealed and well-packed. Yet, you won't find other gold bar styles or sizes on offer.
While they have some gold options, they primarily emphasize the diverse range of silver items they refine.
While many don't view copper as precious, Monarch Precious Metals offers select copper items on their website. Their offerings, even more, restrained than their gold range, encompass:
This might not meet expectations for enthusiasts seeking an extensive array of copper rounds and bars.
Monarch Precious Metals has dedicated a part of its online platform to offering gift suggestions perfect for partners, relatives, and pals. You can explore sections featuring genuine copper and elegant silver gifts and tailor-made engravings.
Their silver presents range from personalized poker chips and Bigfoot coins packaged in gift pouches to Dia De Los Muertos-themed silver rounds, twirling tops crafted from silver, and 3D-crafted silver baseballs.
While these items showcase the refinery's creativity, they lean more towards intriguing novelties than solid investments.
A popular copper gift choice is the zodiac-themed rounds. Imprinted with designs that symbolize the twelve astrological signs, they're a perfect treat for those passionate about horoscopes and their cosmic alignment.
Almost every gift product is accompanied by its particular gift container. However, if you fancy a distinct packaging, their site has a dedicated section. You can snag wrapping solutions for silver and copper items here, even if the metals aren't in your cart.
Alongside the conventional gift containers, they offer genuine leather pouches, authentic leather bags with drawstrings, and sturdy plastic cases, perfect for safeguarding and showcasing various coins.
The refinery offers an array of U.S. coins tailored to diverse packaging preferences. Depending on your collector's passion, their offerings could resonate with you.
For instance, they have rolls of pennies, all minted before 1940. Details about their specific years or inherent worth remain undisclosed. If you relish the thrill of unraveling the story behind your coins, this enigma might pique your curiosity.
You can also opt for a bundle containing 5,000 assorted date pennies, exclusively wheat cents. These may span from 1909 to 1958. Of course, this isn't their sole collection of wheat cents, as more combinations are available in various rolls and bags.
They also feature rolls of pure copper pennies, exhibiting a mix of dates and diverse mint imprints.
For those with a penchant for Buffalo nickels, a roll of 40 such coins is up for grabs. Similar to other offerings, these coins vary in their mint date and condition.
Lastly, the refinery provides essentials for coin enthusiasts. Browse through a selection of coin tubes, folders, and albums, each tailored to suit specific collecting needs.
The website also showcases an array of miscellaneous coin-related accessories. These often lean towards unique keepsakes rather than core collecting items.
For those keen on deepening their knowledge, books detailing the history of coins from specific refineries during certain eras are up for grabs. Plus, the gift-oriented boxes, genuine leather pouches, and protective capsules, previously mentioned, are present too.
For gamers who acquire copper dice or dominoes, they offer luxurious gaming mats in either classic black or rich brown, crafted from top-tier full-grain leather.
Notably, the firm needs offerings in platinum or palladium and facilitates precious metals IRA services.
While there's no concrete proof that Monarch Precious Metals operates deceitfully, sure warning signs raise eyebrows. Despite their potentially legitimate standing, their service and management quality could be better.
They still need to secure accreditation from the Better Business Bureau. On the BBB platform, customer feedback averages a rating of 3.
Several unfavorable reviews can be found on independent sites comparing gold dealers. Customers have reported receiving incorrect items, feeling pushed into additional buys, and needing more responses to order issues.
Though Monarch may indeed be a genuine business—given the evidence of their refinery operations and product listings—it's essential to note that authenticity alone isn't a gold standard. Numerous other precious metal dealers with sterling reputations are eager to assist you.
At first glance, Monarch Precious Metals appears to be a promising company. However, there are warning signs that might make you rethink partnering with them for precious metals. Several customers have voiced concerns over order discrepancies, aggressive sales tactics, and unresponsive customer support.
While Monarch offers a range of products, so do many other online precious metal dealers, many of which boast more positive customer testimonials. Considering those alternatives is wise rather than risking an unsatisfactory experience with Monarch.