Selling Precious Metals
Free Introduction to Owning Precious Metals
Why is selling physical metal to Monex such a simple process?
The Monex Companies have 50 years of experience working with precious metals investors and meeting their needs. These years of experience have shown us the importance of having a reliable form of liquidation for precious metals investments. To enhance our market, we have developed the Monex Buy Back Program. This amazing program provides everyday investors the ability to sell us almost any of their gold, silver, platinum, or palladium coins and/or bars, regardless of whether they were purchased from Monex originally.
The Monex Buy Back Program
Our two-way buy/sell market allows us to not only share with you live prices for our gold, silver, platinum, and palladium products, but also provides us with the ability to buy physical metal from any precious metals investor. All you have to do is send us your metal and once it has been inspected for authenticity, and approved, you can liquidate it.
Having a reputable location to sell precious metals is just as important as having a trusted company where you can acquire it. Monex is your one stop location for both buying and selling precious metals. Call Monex today, speak with an Account Representative about selling your precious metals, and soon, you can begin liquidating at your own pace.
Which metals will Monex buy?
Monex has a history of buying and selling precious metal products that have high volume, high quality, and popularity in markets around the world. We will purchase many of your gold, silver, platinum, and palladium coins and bars regardless of whether they were originally purchased from Monex.
How is the price of my metals determined?
The bid price is the price we pay for your metals*. This price will be locked in via a recorded phone call with an Account Representative when you do decide to sell. Visit our live prices page to see our live bid prices.
*ATLAS Preferred pricing does not apply to this program and sell charges do apply.
What is the bid price?
How are my metals verified?
Your metal’s authenticity and purity is verified through a third-party company which specializes in authenticating precious metals.
What is the shipping process?
When you decide to send us metals, please carefully wrap and securely package all coins and bars. The package should also include a packing slip inside that includes your full name, address, account number, and a description of the contents shipped. Please insure your metal based on the ounces of commodity you ship to us. Don’t forget to speak with one of our Account Representatives at 800-444-8317 before you send us your metal. The Account Representative will be able to provide you with specific, written out instructions about packaging and labeling for both inside and outside the box.
What happens after I send my metal to Monex?
Once the depository confirms receipt of metals and we authorize their purchase, an Account Representative will call you on a recorded line to lock in a sale based on the current bid price at the time of verbal confirmation. Note that sell charges apply.
Call your Account Representative at 800-444-8317 for details. Funds will be available for disbursement after 24-48 hours.
Why is Monex the best place to sell metal?
Monex Companies have been a trusted marketplace for retail precious metals investors for over 50 years. In this time, Monex Deposit Company and its predecessors have engaged in over $60 billion in customer transactions. Call 800-444-8317 now and speak with a knowledgeable account representative who can tell you more about the Metals Buy Back Program and how our two-way buy/sell market could benefit you.