Monument Metals Review

Monument Metals Review

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Monumental Metals offers rare coins and precious metals online. The company displays a wide selection of high-quality collectibles and bullion products.

They claim to offer fair and transparent pricing for investors and a superior level of value and service. 

Monumental Metals is a family-owned business located in Frederick, Maryland.

The owners are veterans of the numismatic bullion business and have almost thirty decades of combined industry experience.

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About Monument Metals


monument metals homepage

Monumental Metals claims to offer a variety of coins and precious metals, competitive and transparent pricing, unparalleled service, and a commitment to the success of their clients. 

The company also claims that they only sell what meets its quality standards, they offer no minimum ordering requirements, no sales pressure, and deep knowledge and expertise.

Monumental Metals Products


Monumental Metals has a diverse range of rare coins and precious metals that can be purchased directly on their website.

Here is a look at the products offered by the company:

  • Gold

For investors interested in gold products, Monumental Metals has several of them. Investors can choose from several popular gold options, like American Gold Eagles, American Gold Buffalos, Canadian Gold Maples, and more.

  • Silver

Investors can also purchase Silver products. Investors can choose from several options like American Silver Eagles, Canadian Silver Maples, Chinese Silver Pandas, and more.

  • Platinum

Aside from traditional gold and silver, investors can also purchase platinum products with Monument Metals. Some platinum options include American Platinum Eagles, American Platinum Coins, and Platinum Bars.

  • Palladium

Monument Metals also offers investors the option to purchase palladium. Investors can choose from Government Minted Palladium Coins, 1 oz Palladium Bars, and 10 oz Palladium bars.

  • Coins

Investors can also purchase pre-1933 coins. Some coins you'll find on their website include Peace Silver Dollar, Morgan Silver Dollars, and $5 Liberty Half Eagles.

  • Copper

Monument Metals has several copper products available for purchase, including 1 oz. Copper Rounds, 5oz Copper Rounds, and Wheat Cents. 

Monument Metals provides a lot of opportunities to invest. They offer a vast range of precious metals and rare coins. For investors looking for a company offering variety. Monument Metals is a company worth looking into.

Fees


Monument Metals is quite transparent when it comes to its fees.  You'll find the current price of precious metals on the front page of their website. Investors can rest assured that they'll always pay the fair price of precious metals when buying through them.  

Investors will also notice that they'll see a starting price for each precious metal to give you an idea of the price entry point.

Monument Metals doesn't clearly state how much their shipping charges are, but they do state that shipping is free for orders of $199 or more. Considering the average cost of precious metals, investors are more likely to take advantage of the free shipping offer.

Opening an Account


six gold coins

Investors can easily open an account with Monument Metals. For those interested in opening an account, you can start the process by visiting their website. At the very top, click the 'Register' icon. 

Once you click the icon, you will be prompted to fill out some basic information, including your first and last name and email address. Create a password and you're all set.

Monument Metals offers a simplified process for opening an account. It only takes a few seconds and investors can begin purchasing their rare coins and precious metals with ease.

Customer Service


Monument Metals has set up several layers of customer service support for those interested in buying precious metals with them. 

The first point of contact when you have a question is to review their FAQs page which answers some of the most common questions when purchasing from their website. 

Any additional questions can easily be answered by emailing their support email at support@monumentmetals.com. For more immediate assistance, you can call them at 1-800-974-3121 Monday through Friday 9 am-5 pm EST.

Reviews


Monument Metals has an excellent rating with Trustpilot, with a rating sitting at 4.7/5 based on 1,058 reviews and counting. Most customers appear to be satisfied with the company. 

Most customers state that Monument Metals provides exceptional service and even more exceptional products. Customers also state that it's very easy to perform a transaction, delivery was fast, and they have the best prices. 

It's safe to say that Monument Metals is a reputable company that has built a positive reputation, satisfactory service, and quality products.

Based on reviews, Monument Metals could be an ok company to make purchases, whether you're a new investor or a seasoned professional.

Pros and Cons


Monument Metals has a good reputation from their longstanding customers. But before deciding whether this company is right for you, let's take a look at some pros and cons to consider:

  • Great Range of Products

One of the strongest suits of Monument Metals is the company's diverse range of products that investors can choose from.

Compared to competitors, Monument Metals has unique offerings with several precious metal items as well as rare coins and their collectibles to add to your portfolio.

  • Transparent Prices

Another advantage of Monument Metals is the fact that they offer transparent pricing on their website.

Some companies don't show the price of products right away or they may combine prices on a price chart, making it difficult for investors to know the cost of a product they are interested in. 

But Monument Metals provides real-time prices of precious metals on their website. Investors will also see the entry cost of each item in their inventory. 

This transparency improves the user experience and makes it easier for investors to complete their purchases.

  • Positive Reviews

One of the hardest things for investors to do is to find a precious metals company that has enough positive reviews.  We found that Monument Metals has garnered several positive online reviews from customers.

  • Easy Sign Up

Monument Metals cuts out all the red tape when it comes to signing up for an account with them. For investors that quickly want to get started, you can easily sign up for an account using basic information.

  • No Gold IRA

If you were expecting to sign up with Monument Metals to start an IRA account, you'll, unfortunately, have to look elsewhere. The company only offers rare coins and precious metals.

You will have to find another financial company if you would like to start a gold IRA. 

  • No Mention of IRA-Approved Gold

Monument Metals offers several types of rare coins and precious metals, and they certainly stand out against competitors. However, the website makes no mention of IRA approved bars and coins. 

That's not to say that the company doesn't offer them, but it's not easy to see how many products are suitable for your IRA.

For new investors, this can be especially challenging if you don't already know the coins and precious metals that can transfer to an IRA account. 

Additionally, without an IRA-approved product section, it's more difficult to sort the coins. For investors looking to quickly find products that align with their IRA, you might find that navigation is more challenging on Monument's website.

  • Unclear on Their Return Policy

One thing to pay attention to before buying from Monument Metals is the company's return policy.  On their FAQs page, they state that they guarantee the satisfaction of every item they sell. 

If your product fails, they state to contact them within five business days and they will do their best to find a resolution. 

However, they don't say explicitly that they will provide you with a refund if you contact them within five days. With that said, it's best to contact them and ask them if they could provide you with any information about their return policy in writing.

Final Thoughts

Monument Metals offers several rare coins and precious metals. When compared with its competitors, Monument has a diverse selection of options to choose from.

Investors looking for variety will find that they won't be disappointed with their range of options.  Monument states that they only sell the best quality products.

The company is also quite transparent with prices. Investors can conveniently see the market price of precious metals on the website.

They can also see the starting price for each product to conveniently find products in their price range. 

Monument Metals has a wide range of customers. Most customers appear to be more than satisfied with the products and services provided by the company.

They have an excellent rating with Trustpilot and have been recognized by several other trusted brands.  The company also seems to have a good customer support service.

For investors looking for additional help or just have questions, you shouldn't have trouble reaching one of the company's team members.

Before getting your precious metals from Monument, there are a few things you'll want to consider first. For starters, they don't have the option to create a gold IRA account.

If you're a new investor and need to open an account, you will need to seek out another company. 

Additionally, Monument Metals doesn't state whether they offer IRA-approved gold.

With the wide range of products, they likely have products that will work for your gold IRA account, but you'll want to scan their product inventory first to see if they have the IRA-approved metals that you're interested in first. 

Another thing to keep in mind is the company's return policy. They don't mention whether investors can return a product that they're unsatisfied with.

They do state to contact them within five days and they'll do the best they can to find a resolution. But this response may not be enough for investors. 

The lack of a clear return policy is something to watch out for. If you do decide to purchase with Monument, it's best to see if they have a more definitive return policy in writing for your knowledge. 

All in all, Monument Metals is an excellent precious metals company providing a range of products to help you get started.

Whether you're a new or seasoned investor, Monument is a great company to find what you need. A bonus is the fact that they have reputable reviews, making them a trusted source for your product.

Monument Metals is an ok company, they are not a scam, but we do not recommend them.

They are also not the best if you're looking for a gold dealer to invest in precious metals or to set up an IRA with them, there are much better options for investors that we have detailed on this website.

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