Company Overview
Precious metals have become a valuable commodity that many businesses have learned how to turn into amazing products. Dealers that sell precious metals are involved in the industry of distributing material to retailers that sell bars, coins, and bouillon. Based in Texas, CBMint is a precious metals dealer that focuses on giving customers high-quality services. If you are seeking a precious metals dealer that you can rely on, this is the right company for you. As the consumer, you deserve to know whether or not a business is practice is a scam or not. This article will go over the details on what makes this company reliable for those who question the legitimacy of the business.
How the Ordering Process Works
When you order from this company, you are investing in the work of the owners which include Timothy Flores, Joe Vesel, Bruce Castro, Byran Ramirez, and Christopher Martinez. The company was founded by a handful of individuals who had a similar vision of creating the best products for their customers. All of the founders are bullion investors that know the insides and outs associated with the area of precious metals. It is helpful to know that the owners have experience and are educated on what prices and services make sense for their audience. According to reviews, the company is rated a ⅗ in terms of the value it brings to customers. Besides that, this company is made up of professionals that have a thorough understanding of the precious metals industry so there are plenty of precious metals at your disposal. The ordering process is made simple so that you understand what metals are available and get to choose how much money you want to invest into them.
As far as the options go, there are gold, silver, mixed silver, platinum, and other metals that are available to customers who need high-quality material. The metals come in a variety of forms such as bars, coins, IRA-eligible metal, bullets, etc. Each kind of metal comes with a new set of options so it is up to the customer to make an order and select from the list of options that are available to them. If you want to learn more about all of the available products, you can always check out the full product catalog on the company’s website. Shipping and insurance are free for residents in 48 states in the U.S.
Understanding Prices and Payment Options
The prices listed on the product catalog are not included due to the fact that it depends on how much material you decide on investing in. The company has decided to require that their customers contact them directly to further discuss information related to the pricing and other related details. If you would like to purchase any of their products, you will have to give them a call or go directly to their website to submit an order. The process is made in a way that is flexible and as simple as possible. After you register an account with them, you are all set and can start shopping for their products and services. When it comes to the overall price of your order, it is important that you know that the company has set a minimum and maximum on how much you can spend on their products and services. There isn’t an exact number because it depends entirely on what payment method you select.
If you pay with a credit or debit card, the minimum order is $100 and the maximum is $5,000. However, if you are paying with a paper check, the order can be as much as $50,000. It is best to place large orders via phone because the company encourages that larger amounts of metals be purchased that way. After you place your order, you will receive a confirmation email. Notice that even if you are using a paper check or bank wire, you will still need to provide them with a valid credit card number. This happens to be the case so that the company has your financial information on file in the case that there is a cancelation. If you choose to cancel your order at any time, you will be charged with a $40 cancelation fee and market loss fees. It may be helpful to do your research and confirm that your order is correct before placing it. The metals are still affordable and reliable overall compared to other precious metal dealerships.
Pros
Some pros of CBMint include the fact that you can sell bullion to the company if you are a registered customer with them for at least a month. Other requirements include that you must have made at least 10 transactions on their website and your products must pass an independent inspection. The products that you sell must be name-brand billion products that are listed on the company’s website. Other requirements can be found on the company’s official website. There are a plethora of products that are available on their website and there is even an affiliate program that customers can be a part of. The company has an A+ BBB rating and provides many forms of payment options.
Cons
The company only has a rating of 3 stars out of 5 in BBB and doesn’t have any IRA services. It can also be inconvenient throughout your shopping process due to the fact that they do not list their prices on their website. There are many negative reviews pertaining to this company so it may be shocking to read through their reviews. Their website simply doesn’t have as much information that most customers need so that can be quite alarming.
Scam or Not?
CBMint is clearly not a scam and lead by experienced professionals who have done their part to keep the business running for years. The products are legitimate and it is a safe place for customers to shop. It is definitely up to you to decide whether or not they want to shop with this company but it definitely depends on your needs and values.