Monex Precious Metals
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Monex Precious Metals is a United States bullion dealer that buys and sells
precious metals Precious metals are rare, naturally occurring metallic chemical elements of high economic value. Chemically, the precious metals tend to be less reactive than most elements (see noble metal). They are usually ductile and have a high lu ...
to retail clients headquartered in Newport Beach, California. The company offers
Gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile me ...
,
Silver Silver is a chemical element with the symbol Ag (from the Latin ', derived from the Proto-Indo-European ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical ...
,
Platinum Platinum is a chemical element with the symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. Its name originates from Spanish , a diminutive of "silver". Pla ...
and
Palladium Palladium is a chemical element with the symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by the English chemist William Hyde Wollaston. He named it after the asteroid Pallas, which was itself na ...
coins, bars, bullion rounds, collectibles and other
numismatics Numismatics is the study or collection of currency, including coins, tokens, paper money, medals and related objects. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includ ...
products from various mints around the world.


History

The company was founded in 1987 in California. In 2017, the CFTC charged the company with defrauding 3,000 clients, accusing the company of making false claims to investors, mostly to the elderly, in television commercials. The company rejected the charge saying that the CFTC did not have jurisdiction over it.


References

{{reflist Bullion dealers Financial services companies of the United States 1987 establishments in the United States Companies established in 1987 Financial services companies established in 1987 Companies based in Newport Beach, California