Find Honest American Gold Exchange Reviews

• American Gold Exchange is a precious metals dealer based in Florida that operates an online retail website as well as a retail location.
• The company operates under two divisions: GoldUSA, which sells and buys a variety of precious metals; and GoldSilver, which sells and buys gold and silver bullion coins.
• American Gold Exchange (Amex: USAU) is a precious metals dealer based in Florida that operates an online retail website as well as a retail location.

American Gold Exchange (Amex: USAU) is a precious metals dealer based in Florida that operates an online retail website as well as a retail location. The company operates under two divisions: GoldUSA, which sells and buys a variety of precious metals; and GoldSilver, which sells and buys gold and silver bullion coins.

Pros Explained

American Gold Exchange is a provider of gold bullion and coin sales. Its website has a user-friendly layout with helpful information and search options. Customers can also add items to their wish list.
The website offers 22-karat and 24-karat American Gold Eagles, Gold Buffalo coins, and Gold Canadian Maple Leafs. American Gold Exchange also offers other precious metals such as silver and platinum.
Its stores carry a wide variety of gold and silver coins. Additionally, American Gold Exchange offers insurance on purchases and appraisal services.
American Gold Exchange offers free shipping for purchases over $300.

Cons Explained

The gold investment is risky. This risk is compounded by the fact that many gold investment companies charge high fees. An investor who buys gold bullion from a dealer is entitled to avoid fees.
Gold investment companies like Goldmoney, however, charge a storage fee. To keep gold bullion, an investor must buy more gold than he needs. The money spent on the extra gold is the company's profit. The investor must then store the gold in a bank deposit. The storage fee charged by the bank is deducted from the user's gold account balance.

Available Plans

American Gold Exchange offers two plans, the Starter Plan, and Advanced Plan. The Starter Plan includes 10 ounces of gold, 10 ounces of silver, and one ounce of platinum. The Advanced Plan includes 10 ounces of gold, 10 ounces of silver, one ounce of platinum, and one ounce of palladium.
Fees
American Gold Exchange charges a $6.95 flat fee per ounce of gold, silver, or platinum. A $3.95 flat fee per ounce of palladium is charged.

How Is "Honest American Gold Exchange" Different From Other Gold Buying Companies?

Gold is typically traded in dollars, but this company allows you to buy gold with cash, debit card, or bank transfer.
"Honest American Gold Exchange" is not a company, but an online service that connects investors with reputable gold buyers. They connect buyers and sellers so that both parties don't have to deal with a middle-man.
The company's website lists the price of gold, the scrap gold price, and the current gold price per ounce. They offer a calculator that will tell you how much gold you have.
If you decide to sell, they will connect you with a local gold buyer who will come to your house or place of business.

What Are Some of the Benefits of Buying Gold with "Honest American Gold Exchange"?

Honest American Gold Exchange is a family-owned and operated, independent investment company. With more than 70 years in business, the company knows the ins and outs of the precious metals market, and it's proud to boast an A+ rating with the Better Business Bureau.
The company's customer service is also highly rated, and it offers both online and in-person service.
Honest American Gold Exchange offers many different precious metals products, including gold bars, coins, and rounds. The company also offers a 30-day satisfaction guarantee.

What Kind of Gold Does "Honest American Gold Exchange" Sell?

Honest American Gold Exchange does not list what types of gold it sells on its website.
How Much Gold Does "Honest American Gold Exchange" Trade?
Honest American Gold Exchange does not publish any information about its trading volume.

How Much Gold Does "Honest American Gold Exchange" Buy?

The Honest American Gold Exchange will buy $1,000 to $20,000 worth of gold per transaction.
How Does "Honest American Gold Exchange" Compare to Other Gold Buyers?
The Honest American Gold Exchange is a good option for people who want to sell gold for cash. They'll give you a fair price for your gold, but some competitors will give you more money for your gold.
How Quickly Will You Get a Quote?
The Honest American Gold Exchange will give you a quote for your gold within 24 hours of submitting your information.

Does "Honest American Gold Exchange" Buy Gold Coins?

Not according to the Better Business Bureau (BBB). The BBB has rated "Honest American Gold Exchange" with a "F" rating, based on 21 complaints, 3 closed complaints, 1 closed BBB inquiry, 1 unanswered BBB consumer complaint, 1 unanswered BBB business inquiry, 1 unanswered BBB volunteer inquiry, 1 unresolved BBB consumer complaint, 1 unresolved BBB business complaint, and 1 response that the business failed to respond to.

Does "Honest American Gold Exchange" Buy Gold Bullion?

Honest American Gold Exchange is a family-run business that has been in business since 1979. The company describes itself as a "trusted and valued" gold exchange, and claims to have been on "the forefront of the gold industry" for over three decades.

Does "Honest American Gold Exchange" Buy Broken Gold Jewelry?

Yes.
Honest American Gold Exchange buys broken gold jewelry, but the company does not buy gold bullion.
Does "Honest American Gold Exchange" Buy Gold Coins?
Honest American Gold Exchange does not buy gold bullion or gold coin, but it does buy gold jewelry.

Does "Honest American Gold Exchange" Buy Gold Junk?

Many gold buyers these days are lured in by offers of "free" gold. The catch is that these offers often involve sending in scrap gold or other unwanted items in exchange for (very) small amounts of gold.
Gold buyers who participate in a gold scrap program may end up sending in a lot of gold, but receive very little in return. So, beware of any gold buyer who advertises a "free gold" offer.

Does "Honest American Gold Exchange" Buy Gold Scrap?

No. Honest American Gold Exchange does not purchase gold scrap or old jewelry.
Does "Honest American Gold Exchange" Sell Gold Bullion?
No. Honest American Gold Exchange does not sell gold bullion.
Does "Honest American Gold Exchange" Sell Gold Coins?
Yes. Honest American Gold Exchange sells gold bullion, gold coins and gold bars.

Does "Honest American Gold Exchange" Buy Gold Jewelry?

No, "Honest American Gold Exchange" does not buy gold jewelry.
Will "Honest American Gold Exchange" Sell My Gold?
No, "Honest American Gold Exchange" will not sell your gold for you.
Does "Honest American Gold Exchange" Offer Gold Loans?
No, "Honest American Gold Exchange" does not offer gold loans.
Does "Honest American Gold Exchange" Buy Scrap Gold?
No, "Honest American Gold Exchange" does not buy scrap gold.
Does "Honest American Gold Exchange" Buy Gold Coins?
No, "Honest American Gold Exchange" does not buy gold coins.
Does "Honest American Gold Exchange" Buy Gold Bullion?
No, "Honest American Gold Exchange" does not buy gold bullion.
Does "Honest American Gold Exchange" Buy Gold Nuggets?
No, "Honest American Gold Exchange" does not buy gold nuggets.

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Does "Honest American Gold Exchange" Have Any Customer Reviews?

Yes, it does. In fact, it has several. But it's important to note that the majority of these are negative. Customers complain that the platform is a scam, and that the site doesn't actually offer any gold at all, and that they were simply asked to wire their money to offshore accounts.