A Beverly Hills Precious Metals Exchange Review

• Bullion coins are primarily valued based on their weight.
• The Beverly Hills Precious Metals Exchange (BHPME) is the only exchange in the United States that offers a currency known as "bullion." Bullion is a physical metal, which is typically stored in a safe place, including banks or vaults.
• It is the opposite of paper currency, which exists only as digits on a computer file.

The Beverly Hills Precious Metals Exchange (BHPME) is the only exchange in the United States that offers a currency known as "bullion." Bullion is a physical metal, which is typically stored in a safe place, including banks or vaults.
Bullion is the opposite of paper currency, which exists only as digits on a computer file.

Trading Platform

A Beverly Hills Precious Metals Exchange review reveals that the trading platform is robust, yet easy to use.
To begin trading on Beverly Hills Precious Metals Exchange, you must first open a trading account. Account types and minimum account size vary.

Customer Service

The Beverly Hills Precious Metals Exchange's (BHPMX) customer service is top-notch. Desk staff is friendly and knowledgeable about the precious metals industry. The BHPMX operates Monday through Saturday, 10 a.m. to 5 p.m. PST.
Bullion Coin and Precious Metals Sales
The BHPMX offers a wide selection when it comes to gold bullion coins and precious metals. Customers can choose from popular American Gold Eagles, Canadian Maple Leafs, Austrian Philharmonics, and South African Krugerrands, among others.
Silver Bullion Coins and Precious Metals
The BHPMX also has a large inventory of silver bullion coins and precious metals to choose from. Customers can select from American Eagle Silver bullion coins, silver rounds, silver bars, and a variety of silver bullion coins from other countries.
Online Trading
The BHPMX offers online trading services. Customers can buy gold and silver bullion coins, or trade precious metals for a profit. Trading is free for BHPMX customers.
Storage
Customers can store gold and silver bullion coins and precious metals at the BHPMX. The BHPMX offers fully insured storage services. Customers can also purchase boxes from the BHPMX to store precious metals at home.
Bullion and Precious Metals Shipping
Customers in select states can order gold and silver bullion coins, or precious metals from the BHPMX and have it shipped directly to their homes.
The BHPMX accepts most major credit cards.

Education

The Beverly Hills Precious Metals Exchange offers its clientele tons of educational resources. In 2016, it launched the "Beverly Hills Money Metals Exchange University." The educational center gives individuals a chance to learn about precious metal investments, including investing in gold and silver, and how to invest in precious metals.
The company offers seminars, webinars, and online classes explaining the benefits of gold and silver investments. The Beverly Hills Precious Metals Exchange also partners with several educational organizations, including The North American Securities Administrators Association (NASAA), the National Association of Insurance Commissioners (NAIC), and the World Gold Council (WGC), to provide education on precious metals investments.

Security

Beverly Hills Precious Metals Exchange (BHPME) is owned and operated by 1167 Holdings, Inc., a company headquartered in Beverly Hills, California. BHPME is registered as a Money Services Business (MSB) with FinCen, the Financial Crimes Enforcement Network of the U.S. Department of the Treasury. It uses a 1-bit encryption system.
BHPME's account security is audited by an independent auditing firm. It conducts annual audits of its customer's financial accounts. BHPME is insured by Lloyd's of London.

Fees and Commissions

AMEX charges a monthly base fee of $250 plus a per-share charge based on average trading volumes, plus an additional $3-per-share fee for the first 25,000 shares traded. The management fee is 30 cents per $1,000, with a minimum charge of $30 per month.
The monthly maintenance fee is $50. The exchange charges a $1 spread for stocks priced below $5 and a $0.75 spread for stocks priced above $100.

Reputation

The Beverly Hills Precious Metals Exchange is a reputable firm that has operated since 1995. The company handles precious metal transactions for buyers around the world. The Beverly Hills Precious Metals Exchange holds an A+ rating from the Better Business Bureau, and its website features a gold exchange calculator.
Costs
The Beverly Hills Precious Metals Exchange doesn't charge exchange fees or fees to transfer gold or coins. However, the company charges market value for buying or selling coins. The buyer must disclose any coins that may carry numismatic value. The company won't pursue any numismatic value if the seller doesn't disclose the coin's value.