APMEX Gold Buying Guide

If you are looking to buy gold, then you may have heard of APMEX - The American Precious Metals Exchange. APMEX is one of the biggest dealers in gold and silver and they are one of the best places to safely buy gold. Here are some things you should know about APMEX and gold before you make your purchase.

Types of Gold for sale at APMEX

APMEX has one of the biggest inventories of gold coins and bullion available online. Here are some of the more popular types of gold available from APMEX.

• Gold American Eagles - These are the best selling gold coins available at APMEX. If you are looking to start buying gold, then you should consider starting with gold American Eagles. These coins are available in 1/10, 1/4, 1/2 and one ounce sizes.
• APMEX Gold Bars - If you are looking to own gold for the lowest price over spot, then you should consider buying APMEX gold bars. You can buy the gold bars for about $35 to $40, per ounce, over spot
• Swiss Gold Bars - APMEX has gold bars from Credit Suisse as well as Pamp Suisse. Each bar is serialize and held in their own card.
• Canadian Maple Leaf - After the American Gold Eagle, the most popular gold coin is the Canadian Maple Leaf. With these coins, you are paying a little less over spot and you will own a coin that can easily be sold on the open market.
• South African Krugerrands - If you are looking to move overseas, then you should consider owning gold coins from South Africa.

Coins versus Bars. Which is better for you?

When you consider buying gold, you have to decide whether you want to buy coins or a bar. One of the big advantages of bars is that they are all serialized and easier to track and trace. However, coins are more widely traded and easier to sell. If you plan on holding your gold for a long time, opt for the bars. If you plan on holding and then selling your gold, then consider the coins.

Buying Gold at APMEX

Buying gold at APMEX is pretty easy. You simply go to APMEX.com and then search the company's dealer's gold inventory. Go to the bullion section on the right hand side of the front page. Right under the bullion heading, you will find the listing for gold. Click on the gold where you will see the listing of the types of gold for sale. The best selling gold products will be listed on top. 

If you are new to buying gold, it is recommended that you buy the best selling gold product, which are the American Gold Eagles. Click on the photo of the gold product you would like. From there you will land on the pricing page where the gold products are listed by mint year. You will see the prices listed for each coin or bar. 

Once you are ready to buy, you will go to the checkout. Your price is now locked in. However, you must make sure and send in prompt payment to ensure your price. APMEX reserves the right to cancel any sale if you don't send in your payment on time. APMEX accepts credit cards, debit cards, checks and wire transfers.

Money saving tip 

APMEX will occasionally offer discounts such as, $20 off $2,000 purchase, for people on their e-mail list. So if you are thinking about buying gold at APMEX, it is a good idea to get on their e-mail and wait for a sale before you decide to buy. Many of their sales tend to occur around the holidays or when there is a huge plunge in the price of gold.

Summary

APMEX is one of the best places to buy gold. If you have any questions, be sure to talk to any of their customer service reps. via live chat, phone or e-mail.