Company Overview
Money Metals Exchange was founded in 2010 and is headquartered in Eagle, Idaho. They made waves when Investopedia named them "Best Overall" precious metals dealer—an accolade they proudly display.
What sets Money Metals apart is their focus on accessibility. No minimums, Starter Portfolios for beginners, and a Monthly Savings Program that lets anyone accumulate precious metals over time. They have carved a niche helping first-time buyers enter the market confidently.
Pros and Cons
The Good
- No minimum order requirement
- Starter Portfolios perfect for beginners
- Monthly Savings Program for consistent accumulation
- Named 'Best Overall' by Investopedia
- Competitive, transparent pricing
- Owns their own depository (Money Metals Depository)
- A+ BBB rating
The Bad
- IRA services are secondary focus
- Higher shipping costs on small orders
- Free shipping threshold ($500) higher than competitors
- Premiums not as low as SD Bullion
The Famous Starter Portfolios
Money Metals built their reputation on Starter Portfolios—pre-assembled collections that let first-time buyers diversify across gold, silver, platinum, and palladium in a single purchase.
What's in a Starter Portfolio?
Starter Portfolios typically include a mix of:
- Gold coins or bars
- Silver rounds or coins
- Platinum pieces (in larger portfolios)
- Palladium pieces (in larger portfolios)
Portfolios range from a few hundred to several thousand dollars.
For new investors, Starter Portfolios remove the paralysis of choice. Instead of agonizing over which coins or bars to buy, you get a curated mix. They update these portfolios based on market conditions.
Monthly Savings Program
Another standout feature is the Monthly Savings Program. You set a budget (as low as $100/month), choose your preferred metals allocation, and Money Metals automatically purchases for you each month.
Dollar-Cost Averaging Benefits
The Monthly Savings Program implements dollar-cost averaging: buying consistently regardless of price. When prices are high, you buy less metal. When prices are low, you buy more. Over time, this tends to smooth out market volatility and reduce the risk of buying at peaks.
Pricing & Premiums
Money Metals offers competitive pricing, though not quite as aggressive as SD Bullion. Their premiums are transparent and regularly updated based on spot prices.
Key considerations:
- No Minimum: Buy as little as one coin
- Transparent Pricing: Real-time spot price tracking
- Shipping Costs: Can add up on small orders (free shipping at $500)
Product Selection
Money Metals offers a solid selection of silver products including:
- Government Coins: American Eagles, Canadian Maple Leafs, and more
- Silver Rounds: Generic and branded options
- Silver Bars: Various sizes from reputable mints
- Junk Silver: Constitutional silver coins
- Starter Portfolios: Their signature multi-metal bundles
Shipping & Delivery
The free shipping threshold of $500 is higher than competitors like JM Bullion ($199). For small orders, shipping costs can be a consideration. All shipments are fully insured and discretely packaged.
Money Metals Depository
Uniquely, Money Metals operates their own depository facility. If you prefer not to take physical delivery, you can store your metals securely with them. This is also useful for IRA accounts requiring third-party storage.
IRA Services
Money Metals can facilitate precious metals IRAs through partner custodians. However, this is not their core specialty—they are primarily a direct dealer focused on physical delivery.
For Silver IRA Accounts
If your primary goal is a Silver IRA, Money Metals can help but it is not their specialty. Augusta Precious Metals focuses exclusively on precious metals retirement accounts with dedicated support, education-first approach, and lifetime customer service.
Find Your Perfect IRA MatchFinal Verdict
Money Metals Exchange earns its reputation as a beginner-friendly dealer. The Starter Portfolios and Monthly Savings Program are genuinely useful for new investors who feel overwhelmed by choices.
For experienced stackers seeking the absolute lowest premiums, SD Bullion or JM Bullion may be better options. For Silver IRAs specifically, Augusta Precious Metals provides more comprehensive support.
Best for: Beginners, small-budget investors, and anyone who values convenience over chasing the absolute lowest premiums.
Frequently Asked Questions
Is Money Metals Exchange legitimate?
Yes, Money Metals Exchange is a legitimate and well-respected precious metals dealer. Founded in 2010, they have an A+ BBB rating and were named "Best Overall" by Investopedia.
What are Money Metals Starter Portfolios?
Starter Portfolios are pre-assembled collections of gold, silver, platinum, and palladium designed for beginners. They remove the paralysis of choice by providing a curated mix of metals in a single purchase.
Does Money Metals have a monthly savings program?
Yes, Money Metals offers a Monthly Savings Program where you can automatically purchase precious metals each month starting from as low as $100/month.
What is the minimum order at Money Metals?
Money Metals Exchange has no minimum order requirement. You can buy as little as a single silver coin, making them accessible to all budget levels.
Does Money Metals Exchange offer Silver IRA services?
Money Metals can facilitate precious metals IRAs through partner custodians, but this is not their primary focus. For dedicated IRA support, consider Augusta Precious Metals.