Monumental Metals Review – Everything You Need to Know
Monumental Metals provides precious metals online and rare coins. This company offers a wide variety of high-quality bullion products and collectibles.
It claims to provide fair and transparent prices for investors, and they receive a high level of service and value. Overall, this is a family-owned business headquartered in Frederick, Maryland.
The owners of Monument Metals are veterans within the numismatic and bullion business and feature almost three decades of combined industry experience. Therefore, you know it will deliver high-quality coin products based on your needs.
Our Monument Metals review will talk about this company extensively. While it had been trading exclusively on the wholesale end of this marketplace, the brand now sells to the general public. You’ll find much better options here than in local coin shops.
We understand that it’s hard to pick a company to trust with your hard-earned money. That’s why we’ve created useful and informative information to provide as much knowledge as possible for you to make the best decision. Let’s learn more about Monument Metals and its superior level of products.
Advisory! Prior to diving into this review, we’d like to stress that at Investors Circle, our mission is to protect your wealth. We know that our research reports may alter your investment decisions, so we want to be 100% sure you are investing your hard earned money with the right company!
With this in mind, we urge you to check out our list of the top five companies in this space (we found 1 that fits 99% of investors needs)
>> Click Here To View Our Updated List of the 5 Best Companies <<
See if Monument Metals made our list this year, or continue with this review below to see if they are possibly the right company for your investment needs.
Monument Metals offers various precious metals and coins at ultra-competitive prices. Though it had been trading exclusively in wholesale, Monument Metals began selling to the public in 2014. It promises transparency, unparalleled service, and a commitment to success for clients.
Likewise, the company claims that it only sells products of high-quality standards. Plus, there are no minimum ordering needs, no pressure from salespeople, and full knowledge from the team. You won’t get that from your local coin shops, which is why this is a great company. Since it has nearly three decades of experience overall, you will find it has the best prices and cannot compare to other dealers.
Products from This Family-owned Business
Monument Metals began selling to the public in 2014 and is a powerhouse for precious metals and rare coins. You can find a diverse offering and can buy directly on the website. Here is a peek at the products provided by this company:
Gold
When investors are interested in gold, Monument Metals has several options available. You can choose from American Gold Eagles, Canadian Gold Maples, American Gold Buffalos, and so much more.
Silver
Investors aren’t limited to gold products from Monumental Metals. It also provides silver products, such as silver bars and coins. The top coins include Chinese Silver Pandas, Canadian Silver Maples, and American Silver Eagles.
Platinum
Though traditional gold and silver are the top choices for investors, you can also find platinum products from Monument Metals. Some options include platinum bars, American Platinum coins, and American Platinum Eagles.
Palladium
Monument Metals offers investors the chance to buy palladium, as well. You can choose from 10-ounce palladium bars, 1-ounce palladium bars, and Government-minted palladium coins.
Coins
When you choose Monument Metals, you have access to various pre-1933 coins. Some of them include the $5 Liberty Half Eagles, Morgan Silver Dollars, and the Peace Silver Dollar. This company will always deliver high-quality coin products!
Copper
Monument Metals offers several copper products for purchase, including Wheat Cents, 5-ounce copper rounds, and 1-ounce copper rounds.
Overall, Monument Metals offers many opportunities for investment. You will find a wide range of rare coins and precious metals. If you need variety, this company is worth the consideration.
Bullion Products
Many people prefer bullion products for many reasons, and Monument Metals is one of the largest online retailers. If you want the top bullion dealers, you’ve got to see what bullion items it provides while maintaining low overhead costs.
Fees
When it comes to fees, Monument Metals is very transparent and offers ultra-competitive prices. You can see the current price of the precious metals on the front page of its website. Therefore, you will rest easy knowing that this brand always pays the fair price for precious metals when purchasing through it.
Investors will also see the starting price for every precious metal, giving them an idea of the entry point.
Monument Metals doesn’t clearly list the shipping charges, but it does state that shipping is completely free with orders of $199 or more. Plus, international shipping is available. Since the average cost is likely to be above that, you will probably take advantage of that offer.
Opening Your Account to Get Precious Metals
It’s easy to open an account on Monument Metals. If you’re interested in doing so, you should start the process by visiting the official website. There’s a “register” icon at the very top of the page.
When you click on that, you’re prompted to fill out basic information, such as your email address and name. Create a safe password, and you’re ready to go.
Overall, Monument Metals offers a simple process for opening your account. It will only take a few seconds, and then you can start purchasing precious metals and rare coins effortlessly.
Customer Service
There are multiple layers of support for those who wish to buy precious metals through Monument Metals. The first contact point for questions is to review the FAQs page, which focuses on some of the most common concerns about purchasing products.
However, if you don’t see the answer to your question, you can email the great customer service team at support@monumentmetals.com. Likewise, there’s a phone number you may call for immediate assistance Monday through Friday from 9 a.m. to 5 p.m. EST: 1-800-974-3121.
Reviews
Monument Metals features an excellent rating on Trustpilot, and there are a total of 1,058 reviews with a 4.7/5-star rating. Most customers are satisfied with this company.
In fact, most customers say that Monument Metals offers exceptional service and great products. They’ve also stated that it’s easy to perform transactions and delivery is quick.
However, you should be aware that there could be fake reviews out there. Some of them might be from the past, but others are recent.
If you ignore the fake reviews about Monument Metals, you’ll see it’s a reputable company. Overall, it is ideal whether you’re new or seasoned as an investor.
Reasons to Work with Monument Metals
Monument Metals has a great reputation and is an excellent dealer. You should always get satisfaction because of the great prices, excellent customer service, and quick shipping for your purchased items.
Though you should be careful about picking a dealer for bullion products and rare coins, there are various advantages to using this company. Let’s discuss them now so that you better understand them:
Wide Selection of Products
The company has numismatic and collectible offerings, which include modern coins from the United States and throughout the world. There are also vintage products from 1933 and before. Overall, the bullion inventory of this brand consists of universally-recognized and highly trusted items.
To sell rare coins and bullion products to the company, sellers must meet strict quality standards, and the products go through extensive assessments to ensure that they are legitimate.
Competitive, Transparent Prices
Because of the low overhead and ties to the industry, Monument Metals can offer the best rates for items in the marketplace. In fact, you probably won’t find better deals anywhere else. The buying power and efficiency it has directly translates to a better value for its customers.
Apart from the fair prices offered on items, you won’t be surprised with hidden or unexpected charges. If you spend $199 or more and live in the United States, you will get free shipping and no additional costs.
Though international shipping is available, it will likely come with a fee. However, you can choose the payment method that meets your needs.
Good Service
While Monument Metals works solely online, the company handles each transaction quickly and has been operating efficiently for many decades. Therefore, you get timely and clear communications, prompt and secure shipping, and helpful support from the staff.
If you want the red carpet treatment from a more traditional retail business with wholesale end pricing, you should enjoy working with Monument Metals.
Commitment to Client Success
During an investor’s or collector’s journey, buying precious metals and rare coins is a crucial step. This company offers some of the best resources to you, making them available so that you stay updated on the markets that matter to you.
In fact, the company offers clients as much information as possible so that they can make a more informed decision.
If you read the reviews from repeat clients (and those who only shopped here once), you will see that they express full satisfaction at every turn. Likewise, clients often recommend this company to buyers who are just starting out and have no idea what they’re doing or need.
The company has a commitment to clients, which is shown by how quickly products are shipped once they’re purchased.
Difference Between Monument Metals and Other Gold Companies
Most clients refer to Monument Metals because of its uniqueness. It will help you trade precious metals or coins. Plus, the company ensures that it’s always operating efficiently while attending to client needs. Many other brands don’t do that.
There are many significant differences between this and investing in other gold companies, including:
Only Trades Quality Standard Products
The company puts trust in the products they sell and trade to clients. Knowledgeable numismatists are always responsible for selecting collectible coins.
Likewise, this company works directly with bullion distributors and dealers to offer fully authenticated products to clients. In short, the coins and precious metals sold by the brand are similar to what other dealers purchase and would be happy to buy again.
No Commissioned Salespeople or High Pressure
Monument Metals claims success with each client. It has friendly, efficient, and professional staff that answer questions, respond to concerns, and support the customers instead of pushing opinions and products.
Salespeople often pressure others into buying items that will make them more money. However, this company doesn’t offer commissioned work, so there’s no push. Clients can also take as much time as they need or ask questions on what to consider before deciding.
No Minimums
Transactions aren’t necessarily based on the one-time sale. The company tries to build rapport with clients and understands that people must start somewhere with what money they currently have.
Whether you’ve ordered $10, $100,000, or $10,000 worth of products, your business is just as important as a wealthy person’s. Monument Metals doesn’t enforce minimum order requirements like other brands.
Expertise and Knowledge
The firm’s owners are industry veterans and have many years of experience in this market. That knowledge and expertise help them source the best rare coins and bullion and offer them at competitive rates.
That expertise and knowledge make clients trust the brand, and now they’re purchasing various products with no fear of fake items.
Security
Monument Metals prioritizes its customer’s personal information and offers excellent security for credit card numbers, addresses, and other identifiable data. In fact, the website features SSL (Security Socket Layer) encryption, which protects from misuse, alteration, and loss of data.
Clients who wish to make transactions on the website will have to use a compliant browser, such as Microsoft Edge, Microsoft Internet Explorer, Mozilla Firefox, Google Chrome, or Apple Safari.
Also Read: The Bishop Gold Group Review
Pros and Cons of Monument Metals
Monument Metals seems to have a good reputation, especially when you read reviews from long-standing customers. However, it’s wise to look at the pros and cons below before deciding if this company is ideal for you. Let’s look at them now:
Pros
Wide Range of Products – One strong suit for Monument Metals is that it offers a diverse range of products for investors. Compared to the competition, Monument Metals has unique options and several precious metal items that can be added to any portfolio.
Transparent Pricing – Another benefit of this company is that it offers transparent fees on the website. Many brands don’t show the price for products immediately or might combine prices on a chart, so it’s hard to see the cost of what you’re interested in. However, Monument Metals gives you real-time prices for precious metals on the site. You can also see each charge in the inventory. This improves user experience, making it easier for investors.
Positive Reviews – One thing that’s hard for investors is to find a precious metals company with plenty of positive reviews. Overall, Monument Metals has many of them from customers.
Easy Sign-up Process – This company cuts through the red tape when signing up for an account. If you’re anxious to get started immediately, you only need basic information to begin.
Cons
No Gold IRA – Many people turn to Monument Metals to start up an IRA account, but that’s not possible. This company only offers precious metals and rare coins.
No Indication of IRA-approved Gold – Monument Metals provides many rare coins and precious metals, and they stand out against the competition. However, we’re unsure if they are IRA-approved. We aren’t saying they aren’t offered, but it’s not very easy to see which products might be suitable for an IRA. This is especially challenging for new investors who don’t already know which products can be transferred or rolled over. Likewise, without an IRA-approved section, you may find it challenging to sort coins. The navigation is a little confusing because of this.
Concerns about Return Policy – Before purchasing from Monument Metals, it’s important to learn about its return policy. On the FAQs page, it states it will guarantee satisfaction for all items sold. If the product fails, you should contact the company within five business days to get a resolution. However, it doesn’t explicitly say that you will get a refund if you call within five days. Therefore, it’s best to ask a representative to provide more information in writing about the return policy.
Conclusion
Monument Metals provides various precious metals and rare coins. Compared to the other companies, it’s got a diverse selection available.
If you need variety, you won’t be disappointed with this company. Plus, Monument Metals states that it sells the best quality products. Likewise, it’s transparent with its prices. You can easily see the market price of all precious metals listed on the site.
In a sense, Monument Metals has a combined industry experience of nearly three decades. As a numismatic and bullion business, it’s recognized as a top choice by Trustpilot. Read through the reviews from satisfied customers to see just how well it performs.
Those who have questions or need help can easily reach the Monument Metals support team.
However, before you get precious metals from Monument Metals, you should consider a few things. For example, there’s no gold IRA account option. If you need this service, you will have to choose another company. Likewise, it doesn’t mention whether it offers IRA-approved gold.
There’s a wide range of products, so you will likely find something that works for an IRA account. However, you must carefully scan the inventory to determine that fact.
Likewise, you should keep in mind the return policy. It doesn’t mention whether you may return products if you’re not fully satisfied. However, it does state to contact the brand within five business days so that someone can find a resolution for you. Still, that might not be enough.
The lack of having a clear return policy is something to consider. It’s best to contact a representative to get information in writing before doing anything else.
Our Monument Metals review is coming to an end. Overall, this is an excellent company to work with and has many products available. It’s one of the largest online retailers and offers a lower price while maintaining low overhead costs. Give this brand a try if you’re not seeking gold IRAs.
