Is Amagi Metals A Scam? (CLOSED?!) (Updated 2023)

June 21, 2023

Is Amagi Metals A Scam

Hello! Welcome to my "Is Amagi Metals A Scam?" review!

(UPDATED 2023)

So you are on the verge of deciding whether you will purchase precious metals from Amagi Metals or not. Furthermore, you want to make sure to answer the question, "Is Amagi Metals a scam or not?"

Well, consider yourself on the perfect Amagi Metals review because in here, you will find out and learn everything about the company.

Without further ado, let's get started.

Amagi Metals Review Quick Summary

Name: Amagi Metals

Owner: Anthem Vault (new ownership in 2015)

Price: Varies depending on your investments

Rating: 2/5

Is Amagi Metals A Scam logo



Since getting your hands on gold products these days are quite easier because of eCommerce, scammers are also around the corners.

That is why it is very important to do your very best in researching about companies that you are interested in dealing with.

If you wish to know my review about the TOP RATED COMPANY, click here.

What is Amagi Metals?

Amagi Metals is an eCommerce precious metals dealer that provides products globally. It has branches in Austin, Texas; Las Vegas, Nevada and Bartlesville, Oklahoma.

Its CEO before was Stephen Macaskill. However in 2015, it had a new ownership because Anthem Vault acquired the company.

The company's main mission is to make precious metals more accessible by making the order process a lot faster and easier.

Amagi Metals Products and Services

Amagi Metals has a wide selection of precious metals including gold, silver, platinum and palladium. They come in bullion and coins. There are also base metals such as copper.

Moreover, Amagi Metals offer collectible products. For now, the company does not offer any IRA services, based on my research.

If you want those IRA services, you can check out Goldco as it is one of their specialty!

Its website has a complete product catalog that shows all of the available products that you can buy. Moreover, you can see their respective prices.

If you still don't know your way around this industry, Goldco is a precious metals company that really values education.

This means that they always help their clients fully understand the industry. Moreover, they always tailor the precious metals that fit to their clients' portfolio!

How to get started?

To order from Amagi Metals, you should create an account on its website.

Access their product catalog where you can see the products that are available for purchase.

You will then be able to add products to your cart and proceed to checkout. There are several payment methods accepted. You can check them below.

Payment Methods

Amagi Metals accepts a  variety of payment methods including the following:

  • Cash
  • Check
  • Money order
  • Cashier’s check
  • Bank wire
  • Cryptocurrency (Bitcoin, Litecoin, Ripple, Darkcoin, and NXT)

Moreover, there are several payment policies that you should follow.

You are required to pay for your orders within 48 hours after placing it. Failure to do so, will withdraw your purchase order and Amagi Metals will sell your orders to other clients.

Furthermore, when you send your payment to Amagi Metals, they will send you a confirmation email which also serves as your receipt. This is how you will know if your payment went through.

Personal or business check payments usually take 6 business days to be cleared by the bank. While money orders or cashier's checks will take 6 business days to be processed by the company's accounting department.

If your orders cost more than $2,000, you can pay them via bank wire transfer. You need Amagi Metals' bank information. Also take note that there will be fees for the wire transfer. This will vary depending on the banks.

Shipping Information

It usually takes 7 to 10 business days for your orders to arrive on your destination. While international orders take 6 weeks. Moreover, orders over $5000 receive free shipping.

Amagi Metals ensures that all orders are shipped safely and securely. They utilize various couriers including USPS, UPS, FedEx, and Brinks for the best shipping services.

With this, shipping fees will vary depending on the size and value of your orders. But don't worry because Amagi Metals can help you estimate your shipping fees in its website.

For international orders, your shipping fees will vary depending on your location and the weight of your orders.

Lastly, if you really need your orders immediately, you can request for an overnight shipping. You need to pay $45.

Amagi Metals Buyback Program

If you wish to liquidate your precious metals, you can sell them to Amagi Metals.

They accept coins, rounds, and bars.  Amagi Metals will provide you free quotes based on the support of their experienced professionals.

But take note that Amagi Metals does not buy any rare items such as collectible gold and silver bullion coins.

Amagi Metals Ratings and Reviews (2023 Update)

Amagi Metals does not really have much ratings and reviews online. Here are the only ones that I found.

  • BBB - Not rated since there are no reviews or complaints, not BBB accredited but has an A rating.
  • Yelp - 3.5 out of 5 rating based on 19 reviews

UPDATE! Yelpers have reported that Amagi Metals is closed. Furthermore, the company's website is no longer available. This highly suggests that Amagi Metals already shut down their operation.

Amagi Metals Pros and Cons


  • Free shipping on orders over $5000
  • Has a wide variety of products
  • Can order online


  • No IRA services
  • Lack ratings and reviews
  • The available ratings and reviews are not impressive
  • Not BBB rated and accredited

Is Amagi Metals a scam?

Amagi Metals is not a scam. It is a legit company that has been providing services and products for quite some time.

However, when we take ratings and reviews into consideration, you might want to find a better company. Amagi Metals does not have much ratings and reviews.

Moreover, it is not even BBB accredited, even if it received an A+ rating. If you prefer a company with excellent services and reputation, check out my top recommendation below.

Thank you so much for reading my "Is Amagi Metals A Scam?" review! If you have any comments or questions, feel free to leave them in the comments section.

Anis is a digital marketing expert that enjoys writing blogs and helping people avoid scams online; he is passionate about investing in real estate and gold; in his free time, Anis loves playing football, going to the gym, and hanging out with friends.

By the way, if you are tired of scams and want to invest with a legit gold company, check out my 6 top legit gold IRA companies of 2023!


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