Is Apmex trustworthy.

Discussion in 'Coin Chat' started by DorkNerd, Mar 3, 2019.

  1. DorkNerd

    DorkNerd Active Member

    I've seen either side of the argument be made online and really I don't know why I don't just come to you guys first. Ultimately I trust your opinions the most.

    So I'm looking at a roll of 40 uncirculated 1999-2015 silver quarters for ~175$ from Apmex.

    Would this be a mistake?
     
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  3. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    You will get exactly what is described and nothing more. They will have been looked over and any rarities or obvious high value errors taken out.

    Might you find a minor, minimal value variety? Sure, it's possible.

    If you are just looking for silver, melt on 40 90% silver quarters is closer to $110 today, so you could likely find the same quantity of silver for $120ish at a coin show.
     
    charlottedude likes this.
  4. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I'm not sure I've ever noticed a roll of 90% silver 2009 - 2015 quarters offered at a show before, and I suspect the premium for those is significantly higher than for typical pre-65 quarters.
     
  5. JPeace$

    JPeace$ Coinaholic

    APMEX is a trusted source. Their prices are a little bit higher than other bullion sites, but to answer your title question, yes, they can be trusted.

    I agree with @Burton Strauss III though. For the item you mentioned, you will get exactly what is described nothing more.

    I've purchased bullion pieces from them with no problem.
     
    GoldFinger1969 likes this.
  6. DorkNerd

    DorkNerd Active Member

    I live in the very upper midwest, what's a coin show?
     
  7. DorkNerd

    DorkNerd Active Member

    Yeah I would have to drive 400+ miles to the next coin show and here there isn't another till 2019. So 120 + expenses to get there and probably stay over night....I'm gonna order it. Thanks guys!
     
    Bambam8778 likes this.
  8. DorkNerd

    DorkNerd Active Member

    I just wanted something uncirculated in my collection and silver just makes my mouth water. :p
     
  9. JPeace$

    JPeace$ Coinaholic

    Then you should have no problem with APMEX. You could also look at JM Bullion. Another trusted source that I've used frequently.
     
  10. ken454

    ken454 Well-Known Member

    i've ordered plenty from apmex, never had a problem, one of my go to bullion dealers.
     
    JPeace$ likes this.
  11. -jeffB

    -jeffB Greshams LEO Supporter

    Well, I do have one small spot of good news for you... ;)

    If you can be patient, you can gather a roll of proof silver quarters for a good bit closer to spot than that. I regularly pass up silver proof sets on eBay that are priced better. For example, here's a 2010 quarter set (six quarters) for $25 shipped:

    https://www.ebay.com/itm/2009-US-MI...R-SILVER-PROOF-SET-NO-BOX-OR-COA/273742152558

    You need patience because the ones listed at good prices do sell quickly. But there will be more along if you keep watching.

    I generally don't buy silver proof sets unless they're at or below melt. As a result, I don't buy silver proof sets very often. :rolleyes: But I have accumulated quite a few over the last five or ten years.
     
  12. DorkNerd

    DorkNerd Active Member

    Yeah, I boycotted ebay after an item was never delivered and they kept sending me back and forth between the seller and paypal. They sided with a dishonest seller and that was it until the end of my time.

    It adds up to 4.39 per coin on my purchase. So I paid like 22 cents more per coin.
     
  13. DorkNerd

    DorkNerd Active Member

  14. -jeffB

    -jeffB Greshams LEO Supporter

    It depends on what you want them for. They'll arrive stacked in a plastic tube, and I don't think APMEX makes any guarantees about how they've been handled.

    The flips you linked should be fine for storing them if you want each individual coin to have both sides visible. If you only want to store them, you might as well leave them in the tube.

    Which product exactly are you looking at? Silver quarters from that era would be proof, not "uncirculated" (although they probably haven't been circulated). I see APMEX rolls of BU pre-1965 quarters at $146.48, and silver Statehood/ATB proof rolls at $139.25. $140 for a roll of proofs would be hard to beat without considerable patience, especially if you aren't willing to deal with eBay.
     
  15. EdThelorax

    EdThelorax Well-Known Member

  16. Santinidollar

    Santinidollar Supporter! Supporter

    Ordered AGEs through APMEX. Never a problem. They run eBay specials, at least on gold, where you can use PayPal with no additional premium.
     
  17. DorkNerd

    DorkNerd Active Member

  18. -jeffB

    -jeffB Greshams LEO Supporter

    Yipe -- $175.59? The same thing is $139.25 ordering direct from their website (and paying by wire or check), $145.05 from their eBay store (or ordering direct from them with PayPal payment). I guess that says something about the overhead Amazon imposes on their third-party sellers. Even if I'd had a bad experience with a dishonest eBay seller, I'd be happy to buy through them from a well-known merchant for a $30 savings...
     
  19. IBetASilverDollar

    IBetASilverDollar Well-Known Member

    yeah never buy anything coin related on amazon if you can find something 20% overpriced it's cheap there.

    As for apmex some people despise them but personally I always get exactly as described and often slightly better than described and the shipping is always lightning fast.
     
  20. DorkNerd

    DorkNerd Active Member

    Yeah I'll shop around more. I wasted 600$ on a camera with a kit, that was never delivered or refunded, so I WILL NEVER USE EBAY. I have security cameras so I know it wasn't stolen. Never saw any notifications from the cameras, on the date it was allegedly delivered. There's a whole lot more to the story, but NEVER AGAIN..The seller in question also had a high review score and was even an "eBay Top Rated Seller" with all things seeming legitimate before hand.
     
  21. DorkNerd

    DorkNerd Active Member

    Yeah I think I'll order off JM. Thanks for all the advice.
     
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