PIMBEX Review

Keeping your finances safe and mixing up your investments is super important. One smart way to do this is by putting some of your money into gold and silver.

PIMBEX is a well-known company people choose when they want to invest in gold and silver or include these metals in their retirement plans.

This PIMBEX review looks at the company’s reliability, products, and customer service. Investing in precious metals has been smart for a long time because they hold their value, even when the economy isn’t doing well.

By adding precious metals to your investments, you’re lowering your risks and possibly increasing how much your assets, like retirement accounts, grow each year.

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What is PIMBEX?

PIMBEX stands for Precious Metals & Bullion Exchange. It’s becoming a well-known name for people wanting to invest in precious metals like gold and silver.

Two brothers, Brian and Michael, started PIMBEX. They wanted to make it easy for everyone to buy gold and silver because they knew a lot about bullion and wanted to share their knowledge. The company began in 2020. Its goal was to make buying gold and silver simple for investors.

PIMBEX’s main office is in Irvine, California. Although it started there, it’s sometimes called a Texas-based company, showing that it has a big reach and might also be set up in Texas.

The company is like a big family, led by Brian and Michael and supported by a team that loves precious metals. They work hard to ensure customers have a great experience, offering help and advice about buying precious metals.

PIMBEX wants to be different from other companies by being honest and open about prices. While some big companies charge a lot more, PIMBEX aims to keep prices low and ensure that every product it sells is real and from trusted mints.

PIMBEX is not just a shop; it’s a mission to give everyone the chance to invest in precious metals. They focus on fairness, offering good services, and teaching customers about the benefits of owning physical gold and silver.

Whether someone is new to investing in metals or has been doing it for a while, PIMBEX is ready to help, showing everyone how easy and important it is to invest in precious metals.

Why Choose PIMBEX?

When looking for the best place to buy precious metals, PIMBEX shines. Here are the top reasons why it’s a great choice:

  • Open and Honest: They believe in keeping things clear and straightforward in the bullion market. You’ll always know what’s happening with your investment.
  • Safe and Affordable: Their platform makes buying gold and silver safe and won’t break the bank.
  • Genuine and Trusted Products: They only get their products from top mints, so you can trust what you’re buying is genuine.
  • Private and Secure Delivery: Your order comes in a package that keeps its contents private, is super secure, and is insured. This means you can relax when it safely arrives.
  • Great Prices and No Shipping Cost: They ensure you’re getting good deals and don’t charge for shipping.
  • Top-Notch Customer Service: They are there help you every step of the way and make your buying journey smooth.
  • Simple Buying Process: Their website is easy to use, with transparent prices and dependable shipping, making your experience hassle-free.
  • Keeping Costs Low: PIMBEX was started with the idea that everyone should be able to own gold and silver without spending too much, helping you save money.
  • Wide Selection: They keep adding more options to their collection from the best mints worldwide, giving you plenty to choose from.

With fair prices, a focus on safety and real products, and outstanding customer care, PIMBEX is the top pick for buying precious metals.

Products Offered by PIMBEX

Let’s look at PIMBEX’s collection of special metals you can buy for your investment needs. PIMBEX has a wide choice for people who love collecting things and those who are savvy with money. They offer shiny coins and heavy gold, silver, and platinum bars.

1. Gold

Many people like PIMBEX’s gold items. They have well-known coins like the American Eagle, Canadian Maple Leaf, and the music-themed Austrian Philharmonic. These are popular because they look good and are a safe choice for your money.

If you want something bigger, PIMBEX has solid gold bars from brands like PAMP Fortuna and Valcambi that are known for being pure and easy to sell. These gold pieces are good to keep for a while because they can help you save your money.

2. Silver

PIMBEX’s silver coins please collectors and money-wise people, too. Their silver lineup stars the American Eagle and the Australian Kangaroo coins. The American Eagle has a special design that people recognize and trust for its good quality.

The Australian Kangaroo is one of the most pure silver coins that you can find. These coins are not just smart for saving but also beautiful for collecting because of their detailed artwork and the stories they tell.

3. Platinum

PIMBEX also has platinum for those looking for something different. Their platinum choices include well-liked coins like the American Eagle and Canadian Maple Leaf.

These are good options for anyone wanting to add a little variety to their investment mix. Platinum items, like bars and coins, provide a less common but smart way to invest your money for the future.

PIMBEX stays on top of what investors and collectors want by keeping their collection of precious metals top-quality and up-to-date, making sure they offer something for everyone who’s into the beauty and value of these metals.

Services Offered by PIMBEX

PIMBEX provides a range of services designed for individuals who are interested in investing in precious metals, whether they are newcomers to this type of investment or seasoned collectors.

1. Gram Club

The Gram Club is a special service from PIMBEX for people who want to grow their collection of precious metals like gold and silver every month. It’s designed to be very easy. You sign up for a monthly plan, and PIMBEX does everything else for you.

Every month, you get real gold and silver in the mail. The gold comes as special bars in secure packages, so you know it’s real and safe. The silver comes as small pieces, which are easy to keep.

There are two main plans to choose from: one that costs $125 per month and another for $250 per month. You pick the plan that fits your budget and goals.

One of the cool things about PIMBEX is that there are no extra costs. You don’t pay to sign up; there’s no membership fee, and if you ever want to stop, you can cancel without a fee.

2. Sell to Us Service

PIMBEX provides a service for customers to sell their gold, silver, or platinum bullion in exchange for US Dollars.

For individuals interested in selling, it’s important to prepare all necessary information required by their Purchasing Department.

Keep in mind that there’s a minimum transaction value of $1,000. They are also open to purchasing items not explicitly listed on their website, provided they are bullion.

The process begins with creating a free account, followed by submitting a quote request with attached photos of the items for sale. PIMBEX will then provide an estimated quote.

Once the price is agreed upon by both parties, the seller needs to follow PIMBEX’s shipping instructions carefully. Upon receiving and verifying the items, they disburse payment via check within 1-2 business days.

3. Knowledge Center of PIMBEX

The Knowledge Center of PIMBEX serves as a comprehensive resource for insights and expertise on precious metals investment.

It assists both novice and experienced investors in navigating the complexities of bullion trading, offering detailed analysis and educational content to enhance investment decisions.

Bullion Newsletter

Stay updated with the latest trends in the precious metals market by subscribing to their Newsletter. This Newsletter provides timely and informative updates that can help you make informed decisions in your bullion investments.

Bullion FAQs

For all your questions regarding bullion investment, the PIMBEX FAQs are your one-stop destination. Gain clarity on common queries and learn more about the nuances of buying, selling, and managing precious metals by visiting their comprehensive FAQ section.

Does PIMBEX Offer Precious Metals IRAs Services?

Yes, PIMBEX can help you save gold and silver for when you retire. They work with other companies to take care of the retirement accounts so that you can add these metals to your saving plans.

If you want to know more, you can talk to their Customer Support to begin. PIMBEX’s website says starting a gold retirement account doesn’t require a lot of money, so it’s easy to start.

When you make your retirement plan with them, you have to use their trusted companies to handle your money. But you get to pick where to keep your gold and silver.

PIMBEX also tells you about two kinds of retirement accounts. One kind is called a Traditional IRA, which lets you pay taxes later. The other kind, called a Roth IRA, lets you pay taxes now so you won’t have to when you retire.

They help you choose the best type for you, thinking about how you want to deal with taxes and use your money later.

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How to Buy and Sell Precious Metals with PIMBEX

Buying and selling precious metals can be a complex process, but PIMBEX simplifies it for both new and experienced investors.

They provide a user-friendly platform with streamlined transactions and secure deliveries, ensuring a straightforward experience whether you’re looking to bolster your investment portfolio or adjust it.

Buying Process

Purchasing precious metals with PIMBEX involves a few clear steps to ensure security and ease throughout the transaction.

First, create an account on the PIMBEX website to securely store your personal and payment details. Explore their diverse range of precious metals like gold, silver, and platinum, and choose the ones that fit your investment goals.

Add them to your cart and proceed to checkout to review and confirm your order. Once confirmed, your precious metals are discreetly packaged insured and shipped within 48 hours.

For substantial investments, PIMBEX also offers personalized phone assistance to ensure transparent pricing and tailored service.

Selling Process

When it’s time to reallocate your assets or capitalize on your investment, PIMBEX’s competitive buyback service offers a simple and efficient solution. Start by visiting the ‘Sell to Us’ section on their website to check the latest terms and rates.

Contact PIMBEX with the details of the precious metals you want to sell to receive a fair and speedy quote. Once you accept the offer, follow the instructions to securely ship your items back to PIMBEX.

After verification, the agreed-upon amount is promptly transferred to your account, making the selling process as seamless as the buying experience.

PIMBEX Fees

When buying from PIMBEX, if you spend less than USD 500, there is only a small delivery fee of USD 10. This means you won’t pay much extra to get your items delivered.

If you choose to join PIMBEX’s Gram Club, you have two choices: you can pay either USD 125 every month or USD 250 every month for a bigger membership.

Remember, your membership fee is taken from your account automatically at the start of every month. If you decide you don’t want to be in the Gram Club anymore, you need to tell PIMBEX at least two days before a new month starts. PIMBEX is clear about costs and says there are no hidden extra fees if you join or leave the Gram Club.

Payment Options

They offer several ways to pay for your purchases, making it easy for every customer. There are three main methods you can use: ACH (Plaid), Bank Wire, and using Credit/Debit Cards, each with its own rules and perks.

Choosing ACH (Plaid) lets you save 6%, and you can spend between $299.00 and $20,000.00 on your order. This method quickly checks your bank account with Plaid and asks for some basic information from you.

It takes 3-5 days to process ACH payments. Once done, your order is ready to ship, and they’ll send you a tracking number by email. You can also find this info in your customer account.

If you go for a Bank Wire transfer, you also get a 6% discount, and it works for orders from $2,000.00 to $25,000.00. To confirm it’s really you, they’ll ask for your credit/debit card details but won’t charge it unless there’s an issue.

You’ll get all the instructions needed to wire your payment. Remember to complete the wire transfer in one day and include your order number.

Banks might charge you a small fee to send the money. Once they receive your payment, your order will be ready to send out, and they’ll let you know by email how you can track it.

Those who prefer to use credit cards can use VISA, MasterCard, American Express, and Discover. Orders should be between $299.00 and $1,000.00.

They’ll need your basic details, and it’s important to use the address linked to the card. After your payment is processed, they’ll quickly get your order on its way and send you tracking info by email.

So, you can pick whatever payment method suits you best, whether it’s saving some money, the amount you’re spending, or just what feels simplest.

What are the Customer Reviews and Ratings for PIMBEX?

PIMBEX has received positive customer reviews and ratings from various platforms:

BBB (Better Business Bureau)

  • PIMBEX holds an A+ rating and an average review score of 4 out of 5 based on feedback from four customers, indicating high customer satisfaction.

ShopperApproved

  • With an average score of 4.9 out of 5 from fourteen reviews, PIMBEX shows excellent customer approval and consistent high-quality service.

PIMBEX has gotten good comments because it has fair prices and great customer service. Customers mention that the person who started the company tries hard to keep prices low and is very active in making sure every order is just right. This includes finding special items for customers.

People are happy because their coins arrive fast and are of high quality. They also like the friendly customer support.

But there’s a bad review about slow shipping and having to wait a long time to get money back, showing that PIMBEX could do some things better.

Still, most of the reviews are good, talking about the company’s honesty and how hard it works to be as good as the bigger shops that sell bullion.

Pros and Cons of PIMBEX

Let’s find out the pros and cons of PIMBEX so you could decide if you want to make do some investment with them or not.

Pros:

  • Learning Tools: PIMBEX has plenty of great info that helps customers understand how to invest in gold and silver. They share the latest news and updates so people can make smart choices with their money.
  • Up-to-Date on Markets: They keep investors in the loop with the newest trends and information about gold and silver, which can help them make better investment decisions.
  • Easy Subscription: With the Gram Club, customers can get gold and silver bars sent right to their homes, making it super easy to keep investing without a lot of effort.
  • No Extra Costs: PIMBEX doesn’t charge extra fees for joining their subscription, and people can cancel at any time. This makes it a stress-free option for those looking to invest bit by bit without a lot of commitments.
  • Physical Gold and Silver Delivered: Getting the actual metal sent to their homes lets customers truly own their investment, setting PIMBEX apart from digital or paper investments where you don’t have the physical gold or silver.

Cons:

  • Needs More Details on the Website: They should add more information about their services, like everything they offer, the prices, and if you can sell your metals back to them.
  • Focuses Mostly on Gold and Silver: They mostly deal with gold and silver. This may not work for investors looking for more choices in precious metals or other ways to invest.
  • Not for Everyone: Their services and learning materials seem designed for a certain type of investor. This means they might not attract people looking for bigger investments or a broader range of metals.

Is PIMBEX a Legitimate Firm?

PIMBEX is a real and trusted company in the money world. It follows all the important rules. People and other businesses like to work with PIMBEX because it is reliable, good at its job, and always puts its customers first.

Over the years, PIMBEX has become very well-respected. The company focuses on being honest, keeping customers’ money safe, and doing its best work.

But, like with any online precious metals company, it’s wise for people to look into PIMBEX on their own to make sure it’s the right fit for them.

Conclusion

In summary, PIMBEX is a helpful platform for those interested in gold and silver. It provides useful information and helps people understand how to invest in precious metals.

PIMBEX’s Gram Club makes it easy to start investing by sending gold and silver bars right to your home. It’s convenient because there are no membership fees, and you can stop anytime you want.

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BEST OVERALL
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