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What Would You Think Of Buying From Monarch Precious Metals?

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WJeeda's Avatar
United States
132 Posts
 Posted 09/24/2012  6:12 pm Show Profile   Bookmark this topic Add WJeeda to your friends list Get a Link to this Message Number of Subscribers
http://www.monarchpreciousmetals.co...61&Itemid=53

Those are some of their prices...the Indian heads seem pretty cheap - of course, you won't get anything special, but they can fill a few holes, most likely. The Liberty nickels seem to be a good price too. Thoughts?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 09/24/2012  6:18 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Nothing. Not a thing. They seem completely tuned towards selling coins as bullion. No way to specify either condition or even mint year, and their prices are - for Morgans - 25-30% over melt.

Furthermore, they've only been around for 4 years. Maybe not important, but something I'd consider.
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basebal21's Avatar
13014 Posts
 Posted 09/24/2012  6:24 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Id be curious to know the quality of coin you get for that. I certainly dont expect any gems but at the same time itd be nice if it wasnt hideous.

Their online reviews from a quick search seem to be OK, provident and APMEX rated higher but they werent awful reviews. One of the strange things I read though was that they wont take bank transfers under 1500 so you have to spend 1500 or more to get the cash discount price
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WJeeda's Avatar
United States
132 Posts
 Posted 09/24/2012  9:30 pm  Show Profile   Bookmark this reply Add WJeeda to your friends list Get a Link to this Reply
k, thanks. not sure I'll order from them - found a couple other websites I may buy from, such as mintproduct.com and northernillinoiscoin.com - figured I may as well buy from a site with good reviews from fellow coin collectors, rather than throw away my money possibly.
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Freedom's Avatar
United States
526 Posts
 Posted 09/25/2012  09:49 am  Show Profile   Bookmark this reply Add Freedom to your friends list Get a Link to this Reply

Quote:
k, thanks. not sure I'll order from them - found a couple other websites I may buy from, such as mintproduct.com and northernillinoiscoin.com - figured I may as well buy from a site with good reviews from fellow coin collectors, rather than throw away my money possibly


I have bought a few items from MintProducts.com. They are my go to place when I am looking for something difficult.
They are not cheap when compared to other places like Provident Metals and such but seem to have alot of "Hard To Get" items you may be looking
for. http://www.providentmetals.com is my web site of choice and Mint Products is second.
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