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Oklahoma City, OK

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APMEX

2.0 (119 reviews)
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The missing Reeded Edge, from Clipped 4 Ducat Gold coin.

On 5/27/26 I made a $2093.41 purchase from APMEX known as Idiot Mex online. I have never seen this much greed & stupidity before. The IdiotMex, moniker is so befitting. The cash payment from my bank account was for a 4 Ducat Gold Coin, Austria. The coin has a listed weight of 13.6 grams of actual gold. The spot price that day, was $ 4525.00, for gold. The coin weighting 0.443 of troy oz, was valued at $2004.00 & premium cost of $88.00, grand total $2093.41. On June 5th, the box arrived. When I opened it, it was a horrific experience. The 4 Ducat coin was very visibly, clipped. The coin weight on the scale was below 12 grams, meaning more that a gram of gold was clipped from the side of coin. This renders, the coin as a counterfeit, no longer containing the milled intended weight of 13.6 grams. It was scrap gold, not BU grade of bullion investment grade coin. The allegation is that APMEX is coin clipper. I contacted the Austrian Mint which verified, APMEX, is the representative agent for Austrian mint, receiving the newly milled restriked coins from their office. So the only person who could have clipped the Ducat was identified as APMEX. This is very serious allegation, with proof enclosed, the image of clipped coin which APMEX mailed. Selling/ using US postal to transact counterfeited gold bullion, is a Federal Crime, 18 U.S. Code § 2320, when convicted, 15 years jail sentence and fines is the punishment. Immediately, I opened a return merchandise authorization with APMEX representative, returned the accursed thing back to them for refund. They put me through near a month of hellish experience to refund my own money back. Meanwhile I filed with Federal Trade Commissioner, to investigate the allegations of fraud. They are slow because of volume of fraud cases that they handle, but when it is investigated by FTC, it is thorough, hoping APMEX is brought to justice, for intent to deliver, counterfeit gold bullion to US public.

My experience with APMEX has been extremely disappointing and frustrating. I placed an order in December and waited for weeks with repeated delays and no clear delivery date. During this delay, the market price of the product increased significantly, causing me a major financial loss due to APMEX's failure to deliver on time. The worst part: my order was canceled without my authorization. Customer service later claimed the cancellation was "per my request," which is completely false. I never asked to cancel the order. This is unacceptable and raises serious concerns about how they handle customer accounts and orders. Instead of taking responsibility, they offered generic responses and avoided addressing the actual issue. Waiving a cancellation fee does not fix the loss or the lack of trust caused by canceling an order without consent. I have been a serious buyer, but this experience has shown me that APMEX cannot be relied upon when timing and market prices matter most. I strongly advise others to be cautious and consider alternative dealers before placing high-value orders. I suggest to APMEX and new customers please check the reviews first I am attaching proof of bad servic

APMEX eBay Sales for 5oz. of silver, very reasonable.
Bill R.

I purchased $8,000 worth of silver from APMEX on eBay, they only charged a typical 2.5%. On eBay, APMEX has over 609,000 positive reviews. My wife was shafted by GoldCo charging $8,000 for $4,000 worth of silver. I gave GoldCo a scathing Yelp review and GoldCo refunded the $8,000. I haven't had any customer service experience. I never had to call APMEX ... probably the 609,000 people using eBay to purchase APMEX silver haven't had any problem with their purchases. I have to wonder who makes all these negative claims on Yelp. Perhaps the silver-gold selling scammers such as GoldCo!? Something doesn't jive. Could be the people having no problems with their APMEX purchases are happy and don't post positive reviews. Whatever you do, don't deal with GoldCo because they are con artists. There's no truth in buying from GoldCo ... period.

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6 months ago

Slow shipping at times and horrible customer service. Shipments are pretty accurate though. You always get what you pay for eventually...

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7 months ago

They didn't make good on my lost order after four complaints and two months. The order was lost between UPS and USPS. No help and no refund.

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2 years ago

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4 months ago

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7 months ago

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6 months ago

Great place to buy silver! I've never had problems with them. They have a great selection.

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6 months ago

High premiums compared to local shops but fastest shipping, most secure and second to none. Best "internet" exchange

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7 months ago

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8 months ago

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9 months ago

I sent them several thousand dollars in silver coins. They tried to low ball me. Now they will not return my coins

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1 year ago

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Ask the Community - APMEX

Where can i sell my silver coins?

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Review Highlights - APMEX

“Trusted for millions of orders and they are my go to for digital gold/silver, bullion, coins, numismatics.”

Mentioned in 8 reviews

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APMEX - investing - Updated October 2026

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