Is APMEX trusted?

Discussion in 'Bullion Investing' started by dadc, Jul 13, 2011.

  1. James S

    James S Low Mintage

    Take this guy's advice it with save you some bucks trust me
     
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  3. HawkeEye

    HawkeEye 1881-O VAMmer

    I have had good luck with them over the past decade. I think prices are a bit high, but if I am buying a high dollar coin and I want to be sure of its authenticity I sometimes go to them. I used to buy bulk silver from them, but there are a lot of trusted places for it that are cheaper. They also seem to keep a good supply of PCGS graded items on hand if you collect Morgans.
     
  4. Santo Domingo

    Santo Domingo New Member

    APMEX sold me a 37.5 oz bar and then a few years later, during buyback inspection, told me it was COUNTERFEIT and refused to buy it. I was told that "there was no proof" it was the same bar I bought from them despite the receipt. They cut it in half "to prevent it from being in circulation". Where was this diligence when they were taking my money for a fake? Don't shop there, they don't stand behind it.
     
    GoldFinger1969 likes this.
  5. Santo Domingo

    Santo Domingo New Member

    APMEX sold me a 37.5 oz bar and then a few years later, during buyback inspection, told me it was COUNTERFEIT and refused to buy it. I was told that "there was no proof" it was the same bar I bought from them despite the receipt. They cut it in half "to prevent it from being in circulation". Where was this diligence when they were taking my money for a fake? Don't shop there, they don't stand behind it.
     
  6. rte

    rte Well-Known Member

    Interesting, do you have a picture of that bar?
    Description?
    Did you test it out after you bought it?

    So you're saying APMEX destroyed your property.
    Did you get the bar back?
    After all ( right wrong or fake) it was yours and not theirs to keep let alone cut in half.
    I suppose you give them some leeway as to testing??
    But they still should have returned the bar back to you.
     
    Last edited: Dec 10, 2022
    GoldFinger1969 likes this.
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I have bought over 30K in Krugerrand’s
    Saints and Liberties, heck yeah I trust them :)
     
  8. GoOoldmember

    GoOoldmember Smoke and a pancake?

    Plz god tell me this was silver and not gold.

    Sorry for the bullsh*t they are putting you through.
     
  9. rte

    rte Well-Known Member

    BUT did you check your purchases:D??
    I check everything out from everyone... mistakes happen.
     
  10. rte

    rte Well-Known Member

    Too soon to assume answers are coming?
    Screenshot_20221210-112108.png
     
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    They check everything that comes in,
    before they put it on the site for sale
    so there’s no question of authenticity :)
     
  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Since they have records of the transaction, and you have a receipt
    I would assume ? this doesn’t sound
    like a legitimate complaint.
     
  13. -jeffB

    -jeffB Greshams LEO Supporter

    Yeah, at the moment, this new pseudonymous poster has built up somewhat less reputation than APMEX. :rolleyes:
     
    mpcusa likes this.
  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The “Mex” is my favorite place to buy, also like liberty coin but they don’t sell select date Kruger’s, JM bullion and
    the money exchange do but there
    selection is a bit scarce.
     
  15. rte

    rte Well-Known Member

    Santo Domingo begs to differ.
    I understand APMEX has records, but depending on how long they keep them and if the bar had a serial number.
    If no serial number, you can't expect results.
     
  16. rte

    rte Well-Known Member

    Could be a BOT?
     
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    A new member and 2 messages...LOL, they do keep records, he didnt say if he was actually a member of AMPEX, I just became an elite member and even if you start
    at the bottom they still keep a running tally on the cost acquisition and value of
    your holdings.
     
    slackaction1 likes this.
  18. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Santo, did you have a receipt to prove you bought it from APMEX ?
     
  19. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I am waiting with baited breath for an answer, I suspect he doesn't have a receipt
    and hes trying to call them out, I will gladly call APMEX myself on his behalf I have
    a great relationship with them and would be real curious about the situation.
     
  20. rte

    rte Well-Known Member

    Pretty sure Santo (aka the bot):p checked out after the initial post.
     
    mpcusa likes this.
  21. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    But if this actually happened, why not follow thru ? rolling my eyes at this one...
     
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