Frequently Asked Questions

How do I invest in gold and other precious metals?

Investing in precious metals is a very simple process. Your investment is purchased the same as any other over-the-counter transaction.
Customers can pay for their investment via any traditional payment method including cash, personal check, certified check, credit card,
and bank wire. Investors can also hold physical gold and other precious metals in their IRA or other retirement account.
For information about a Gold IRA, please visit our Gold IRA page.

Should I buy bullion gold for its metallic content or consider investment grade coins?

The answer to this question will generally depend on the investor.  What most people think of when they think of gold is typically gold bullion,
in coin or bar form. Bullion can range from 1/10 oz coins to 1,000 oz bars. Gold bullion is typically recommended for those investors seeking
short term capital gain, as all forms of bullion, domestic or foreign, ARE subject to confiscation, as well as reportability via 1099b reporting.
Unfortunately, due to the existing crisis in banking as well as economic instability nationwide, many people are concerned about the possibility
of confiscation of gold bullion to repay national debt and rectify the shortcomings of the banking system. It is this precedent that guides our
recommendations for clients as we realize that the “Buy and Hold” strategy will not necessarily work for those clients looking for a long term
investment in bullion.

If you are an investor who is merely concerned with hedging your assets against inflation or the devaluation of the dollar, and are looking at
longevity of hold of at least a year, you would probably be best served in the lower end of the numismatic market. In order for a coin to be
considered numismatic certain requirements must be met. It must be an American minted coin, it must be minted prior to 1933 (for gold) or
prior to 1964 (for silver), it must be graded and certified to that grade by either PCGS or NGC, it must be a minimum of 50% premium above
the price of gold at the time of confiscation, as well as maintaining a 15% premium throughout its history after confiscation. These are the basic
requirements, though there are a few more stipulations, if you follow these guidelines you will not have to worry about the confiscation or
reportability of your coins.  This area of the market will typically yield a 2-1 to as much as a 3-1 ratio in comparison to movement in bullion.
Also, as the bullion market corrects, the numismatic market tends to correct 40-70% slower, if at all.

Because the physical gold market is finite: as the availability decreases, the rate at which the price increases is expediated, AND since the
numismatic market makes up less than 2% of the overall gold market its profit potential is even more pronounced. Realizing that numismatic
coins are both non confiscatible as well as non reportable, per the TEFRA act, makes the numismatic market even more attractive.

Now, should an investor wish to exploit the profit potential in this market as well as having a hold time of at least 3 years, you would probably
look to the higher end of the numismatic market, which will typically yield a 3-1 to as much as 8-1 growth pattern n comparison to gold bullion.
It is this portion of the market where extrinsic (perceived) value is more crucial than even the basic intrinsic (physical) value. Because that
portion of the market’s movement is based off population as well as availability, the growth potential is even more magnified.

How do I sell the gold?

A large reason why investors are drawn to the gold market is due to the liquidity of gold as a commodity. Gold bullion and coins are freely traded
in the open market between investors, collectors, and dealers alike. Selling opportunities are vast. Further, Republic Monetary Exchange acts as
a full-service brokerage.  When our clients are ready to liquidate their investment, we offer competitive buy-back rates and do not charge our clients
a liquidation fee. Selling through us is is as simple as buying through us. We generally offer same-day payment on all liquidations.

How do I track the value of my investment?

Raw gold contracts are traded on the commodities exchange in New York and every other major exchange around the world. Bullion gold follows
the raw gold prices which are available on our web site as well as virtually every financial network.

Our customers can track coin prices by logging on to our website with their assigned username and password. Value of investment-grade coins
are also tracked by a number of third parties. Your broker can refer you to sources for obtaining independent quotes on your investment.

These "frequently asked questions" are general questions we are asked by our clients over time, but we understand that everyone's questions and
concerns are unique to the individual and situation. Because of that, we pride ourselves in first class customer service and personallized consultation.
Contact us today so that we may further address your questions on a personal level, and see why dealing with Republic Monetary Exchange is the
smartest decision when dealing with precious metals and your investment portfolio.