Are APMEX BBB Ratings a Good Sign for Your Investment?

  • The APMEX BBB rating is one of the factors that affect investors' decisions.
  • The rating is based on several different factors, but is issued by an independent rating agency.
  • The APMEX BBB rating is issued by the APMEX BBB Rating Committee and is an indicator that the company operates responsibly, follows appropriate business practices, and is financially stable.

The APMEX BBB rating is often one of the factors that investors look at in making their investment decisions. The APMEX BBB rating is issued by the APMEX BBB Rating Committee and is an indicator that the company operates responsibly, follows appropriate business practices, and is financially stable.
However, the APMEX BBB rating may be misleading, because there is rarely any guarantee that investment performance matches that of a company with an APMEX BBB rating.



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Understanding APMEX BBB Ratings

APMEX BBB ratings are indications that a gold or silver product-or product offered by APMEX-should perform well. APMEX BBB ratings come from 3rd party grading companies. BBB stands for Better Business Bureau, which is a widely trusted organization for selecting businesses. APMEX BBB ratings are not certifications of authenticity or quality of the metal.
APMEX BBB ratings signify that APMEX is satisfied with the grading company's standard of grading. The grading company's standards for grading will vary, with APMEX BBB ratings being one indication. APMEX BBB ratings indicate the degree of confidence that APMEX has that the grading company's grading standard is reliable.
APMEX BBB ratings are graded BBB+, BBB, BBB-, and BBB-. APMEX BBB ratings apply to APMEX products, but do not imply a guarantee or warranty. The grading company's grading standards for APMEX BBB ratings are set by APMEX.

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A Brief History of APMEX

APMEX (previously known as APMEX.com) is a precious metals dealer, founded in 1999 by Eric Sprott, a Canadian businessman. The company has grown to include offices around the world, including the United States, Canada, Europe, and Australia.
APMEX is headquartered in Las Vegas, Nevada. It has an "A+" rating with the Better Business Bureau, as of December 2022.

apmex bbb

APMEX BBB Ratings History

In 2013, APMEX was awarded a rating by the Better Business Bureau (BBB), which is one of the highest accreditations for a company. The BBB rates companies based on several factors, including the length of time since it was formed, how it handles any customer complaints, and its business practices. The BBB only rates companies, not individual products, so APMEX's BBB rating does not speak to the quality of its precious metals offerings.
In November 2015, the BBB suspended APMEX's accreditation. The company cited the BBB's new membership standards, which are stricter. APMEX voluntarily withdrew its membership from the BBB at that time.



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The Bottom Line

APMEX is a U.S.-based precious metals dealer with BBB ratings from Standard & Poor's. Its BBB rating means the company is financially stable. While there are no guarantees that APMEX will continue to hold its BBB rating, it is a good sign for potential investors.