Disclaimer: Bluehillresearch.com is a reader-supported site. We may earn a commission if you click on links and make a purchase.
Last Updated on March 31, 2023
When it comes to investing in precious metals, choosing the right company is essential.
APMEX and JM Bullion are two of the leading precious metals investing companies in the industry, each offering their unique advantages and services.
In this article, we will compare these two giants and help you determine which company is the best fit for your investment needs.
We will analyze their offerings, pricing, fees, precious metals IRAs, BBB ratings, and other factors to provide an in-depth understanding of these companies.
APMEX, or the American Precious Metals Exchange, was founded in 2000 and has since become one of the largest online retailers of precious metals.
The company offers a wide range of products, including gold, silver, platinum, and palladium coins and bars. APMEX is known for its vast inventory, competitive pricing, and exceptional customer service.
The company has an A+ rating from the Better Business Bureau (BBB), showcasing its commitment to customer satisfaction and transparency.
JM Bullion Overview
JM Bullion, founded in 2011, is a well-established online precious metals dealer that offers a wide range of gold, silver, platinum, and palladium products.
The company has built a strong reputation for its competitive pricing, fast shipping, and commitment to customer satisfaction. JM Bullion is known for its user-friendly website, making it easy for customers to browse and purchase products.
The company also has an A+ rating from the BBB, reflecting its dedication to maintaining high standards and customer satisfaction.
What Products do JM Bullion and APMEX Offer?
Both APMEX and JM Bullion offer a wide variety of precious metal products, including coins, bars, and rounds in gold, silver, platinum, and palladium.
However, APMEX boasts a more extensive product selection compared to JM Bullion. APMEX carries a more comprehensive range of coins from various mints worldwide, including the United States Mint, the Royal Canadian Mint, the Perth Mint, and more. They also offer a broader selection of rare and collectible coins, which may appeal to collectors and numismatic enthusiasts.
JM Bullion, on the other hand, has a slightly smaller selection but still offers a wide range of high-quality products from leading mints. Their inventory includes popular bullion coins, such as the American Gold Eagle, Canadian Gold Maple Leaf, and South African Gold Krugerrand.
Pricing and Fee Comparison
Both APMEX and JM Bullion are known for their competitive pricing, but there are some differences in their fee structures. APMEX typically has higher product premiums, especially for smaller orders, but they offer bulk discounts on large purchases. They also charge a shipping fee for orders under $199, while JM Bullion offers free shipping on all orders over $99.
JM Bullion usually has lower product premiums compared to APMEX, making them a more affordable option for smaller orders or investors seeking low-cost bullion products.
However, both companies offer competitive pricing on larger orders and bulk purchases. It’s essential to compare product prices on both websites to determine which company offers the best deal for your specific investment needs.
APMEX IRA vs JM Bullion IRA
A precious metals IRA (Individual Retirement Account) allows investors to hold physical gold, silver, platinum, or palladium within a tax-advantaged retirement account. Both APMEX and JM Bullion offer precious metals IRA services, but there are some differences in their offerings.
APMEX partners with New Direction IRA, a leading self-directed IRA provider, to offer a seamless precious metals IRA experience. They provide a dedicated IRA specialist to guide investors through the process and answer any questions they might have.
APMEX’s IRA-eligible products include a wide range of gold, silver, platinum, and palladium coins and bars that meet the Internal Revenue Service’s (IRS) requirements for purity and weight.
JM Bullion also offers a precious metals IRA service, partnering with several well-regarded custodians, including GoldStar Trust, New Direction IRA, and STRATA Trust Company. They provide a dedicated IRA team to help investors navigate the process and select the right custodian for their needs.
Like APMEX, JM Bullion offers a variety of IRA-eligible gold, silver, platinum, and palladium products that meet the IRS’s standards.
When comparing the precious metals IRA services of APMEX and JM Bullion, it is essential to consider the fees and services of their respective IRA custodians, as well as the range of IRA-eligible products each company offers.
BBB Rating and Complaints Comparison
Both APMEX and JM Bullion have earned an A+ rating from the Better Business Bureau (BBB), the highest rating possible. This rating indicates that both companies are committed to resolving customer complaints and maintaining high standards of business practices.
While both companies have received complaints, it’s essential to consider the nature of the complaints and how they were resolved.
Generally, both APMEX and JM Bullion have demonstrated a commitment to addressing customer concerns and resolving issues to the best of their ability.
Top Reasons to Consider APMEX
- Extensive Product Selection: APMEX offers a vast array of precious metal products, including a wide range of coins, bars, and rounds from various mints worldwide. Their selection of rare and collectible coins may also appeal to collectors and numismatic enthusiasts.
- Competitive Pricing: While APMEX’s premiums can be higher on smaller orders, they offer bulk discounts on large purchases, making them an attractive option for investors looking to buy in bulk.
- Excellent Customer Service: APMEX is known for its exceptional customer service, with knowledgeable representatives available to assist customers with their inquiries and concerns.
Top Reasons to Consider JM Bullion
- Competitive Pricing: JM Bullion offers lower product premiums than APMEX on many items, making them a more affordable option for smaller orders and budget-conscious investors.
- Free Shipping: JM Bullion provides free shipping on all orders over $99, which can result in significant savings for customers.
- User-friendly Website: JM Bullion’s website is easy to navigate and offers a seamless shopping experience, making it simple for customers to browse and purchase products.
APMEX and JM Bullion are both reputable and well-established precious metals investing companies that offer a wide range of products and services. APMEX stands out for its extensive product selection and exceptional customer service, while JM Bullion is known for its competitive pricing and user-friendly website.
When choosing between APMEX and JM Bullion, it’s essential to consider factors such as product selection, pricing, fees, and customer service. Ultimately, the best company for you will depend on your specific investment needs and preferences. By comparing these two companies, you can make an informed decision and invest confidently in precious metals.
Interested in investing in precious metals? Get started with a free gold kit from our top-rated company, Goldco: