Orion Metal Exchange

Orion Metal Exchange

 4.9/5 (169 ratings)
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Orion Metal Exchange
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About Orion Metal Exchange

Orion Metal Exchange has 50 years of experience in the precious metals industry and helps customers find their best options for storage and delivery. You can liquidate or acquire metals through Orion Metal Exchange, and you can keep informed about the market with its finance updates. You can also choose your IRA depository.

Overall Satisfaction Rating

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Pros

  • Can purchase coins online
  • Physical possession and liquidation
  • Fee-free buyback policy

Cons

  • Annual fees to store and secure metals
  • No online fee info

Bottom Line

Orion Metal Exchange provides updated spot pricing, informative staff and quick home delivery. Though the company charges annual fees to store metals, you can trust your investments are secured in an insured vault in the U.S. or abroad.

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Rated with 5 stars
Verified

Excellent, friendly, timely customer service! Very confident in their support and advocacy. Jacob walked me through the precious metal investing benefits making me very confident ...

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Rated with 5 stars
Verified

Orion Metals is a class act. ... They are informative, service is great, and you end up with exactly the deal you are looking for. You are assisted by the very best from start to ...

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Gold and other precious metal IRAs are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.

About Orion Metal Exchange

Orion Metal Exchange is a full-service precious metals investment dealer that provides gold, silver, platinum and palladium coins and bars, as well as individual retirement accounts for gold and silver investments. Additionally, the company offers a variety of storage options, including home safe storage and depository storage.

Orion Metal Exchange products and services

As a full-service precious metals investment dealer, Orion Metal Exchange performs sales, exchanges and the secure storage of bullion coins, bullion bars and numismatic coins. Additionally, the company can help you set up a gold IRA — this is a 401(k) account for precious metals with all the same tax-deferment benefits of a traditional IRA.

The benefits of partnering with Orion Metal Exchange include access to a personal, experienced account representative, a generous buyback policy and fast, insured shipping of all Orion coins and bars. Other features include spot pricing, precious metals news and economic event alerts to inform your financial decision-making.

Orion Metal Exchange precious metals storage

The company offers several precious metals storage options:

Residential safe storage: For investors who prefer securing their gold nearby, Orion Metal Exchange offers home safe options to keep all precious metals secure and within arm's reach.

Vault storage in an off-site depository: Many investors wish to keep their metals in a vault outside the home. Orion Metal Exchange can provide recommendations for a variety of secure, reliable vault storage services in the United States and overseas.
Precious metals IRAs: The company’s knowledgeable staff can help you open a gold IRA. You may also be eligible to roll over an existing IRA into a gold IRA.

Orion Metal Exchange fees

If you want to purchase precious metals, Orion Metal Exchange sells various types of coins you can buy online — here are some estimates as of publishing:

  • Gold: $268 to $2,483
  • Silver: $31 to $235
  • Platinum: $160 to $1,798
  • Palladium: $2,619 to $2,839

Orion Metal Exchange also has a fee-free precious metal buyback program: The company will make an offer on IRA-eligible and non-IRA-eligible sovereign mint and legal tender coins in gold, silver, platinum and palladium. Previously, you had to purchase the coins from Orion in order for them to buy the coins back. However, the program now works for coins purchased elsewhere.

Orion Metal Exchange offers free storage of any gold and silver for up to three years, unlike other precious metal investment companies that charge annual storage fees.

Orion Metal Exchange FAQ

How do you buy gold from Orion Metal Exchange?
You can buy gold coins through Orion’s website.
Can I store my Orion precious metals at home?
Yes. Orion provides secured home delivery to ensure your purchase arrives without incident. It can also help you find the right home storage option.
What is the maximum I can contribute to my Orion precious metal IRA account?
Those younger than 50 years old can contribute a maximum of $6,000 per year. People over 50 have a $7,000 limit.
What precious metals does Orion Metal Exchange offer?
Orion sells gold, silver, platinum and palladium products.

Do we recommend Orion Metal Exchange?

Orion Metal Exchange is ideal for those who may be risk-averse but curious about precious metals investing. Orion doesn't charge setup or transfer fees or for the first three years of precious metal storage. We recommend Orion Metal Exchange for its fee-free services, up-to-date market charts and experienced, helpful staff.

Orion Metal Exchange Reviews

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Page 1 Reviews 0 - 5
Rated with 5 stars
Verified Reviewer Verified Buyer
Original review: Oct. 20, 2022

I researched the other metal firms and found Orion to be reputable, responsive and professional. Four times this year I’ve rolled over sizable assets from my 401k where it has a -26% rate of return, into a metal IRA. I have full access to my metals IRA account. Everyone that I have worked with from Michael, Blake, Ben, Griselda and Hannah, have always been very knowledgeable and professional. Never has there been any kind of “bait and switch" or misleading information. Very trustworthy and upfront. Transactions are easy and straightforward.

I’m nearing retirement and moving a good percentage of my losing 401k into an Orion IRA has added a good comfort level seeing that my Orion IRA has held my asset value. The world has changed. Pandemic fears, unemployment, negative markets, GDP, national debt, inflation and world chaos, will make a normal market recovery very unlikely anytime soon. Orion is a great place when you’re ready to stop your market losses and move into a metal IRA. Thanks, Orion!

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: July 29, 2022

    I set up a Precious Metals IRA with Orion Exchange and I am very happy with my decision. Jacob was very helpful and explained everything in simple fashion for me (since I knew very little about precious metals or an IRA containing precious metals). He and his team were friendly, knowledgeable, and efficient. It was a much better experience than I was expecting. I am getting ready to move another (smaller) 401k to my Orion Metal Exchange account. And yes, I'll do business with them again (and recommend that you do as well)!

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: April 4, 2022

    Very good service. Delivered just as promised and had no trouble at all. Would recommend Orion and plan to use again. Their website has the price you'll pay and they did not try to sell me things I did not want. In other words, no hassle. I called other places and had trouble getting a quote on what I wanted and usually a long discussion about what I should do, even though I didn't want to do it.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: April 4, 2022

    My wife and I have been looking forward to retirement for a lifetime. I never thought it was going to happen. We always had one of the big brokerages invest our retirement and we never saw the light at the end of the tunnel. We were referred to Orion Metal Exchange by our friends who actually are retired. We couldn’t be happier. After just a few short months we can see a light at the end of the tunnel and are now finally looking forward to retirement. Couldn’t be happier with Orion and their team. They’re so professional and straightforward. It was definitely a breath of fresh air after years of feeling like you’re stuck in quicksand. I’m referring everybody I know to them and know they will be in good hands like my family is.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: March 11, 2022

    Mike B. Dallas, TX. My wife and I are both retired. We have been invested in the stock market for many years in both good times and bad. With the ”election” of Joe Biden we decided it was time to exit the stock market due to possible steep downside risk under his “leadership”. We cashed out and sat on the sidelines while we evaluated options. After “kicking the tires” we decided that precious metals made the most sense for us. We contacted 6 of the well known precious metals dealers, but were disappointed with the results. We asked simple questions like “how do you price your products (such as spot price plus what percentage?”) The most common response was “we’ll discuss that after you send us the money to fund your account." Not exactly the answer we were seeking!

    After this frustrating experience, we found ORION METAL EXCHANGE and things were very different in a positive way. Prices were clearly posted on their website and we got straight concise answers to our questions. We have since opened 3 IRA accounts and a brokerage account with Orion. Dealing with Jason ** and Griselda ** in opening these accounts was a pleasant experience as they are both true professionals. We highly recommend ORION, Jason and Griselda.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Dec. 30, 2022

    In my opinion, they deserve a rating of FIVE stars. Throughout the entire process, I have been given knowledgeable information and pointed in the correct direction without being forced. Jacob made my first experience in purchasing precious metals a comforting one as I am new to the industry. I am looking forward with continuing business. Thank you!

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Dec. 8, 2022

    I gained an enormous amount of knowledge. I am beyond happy with the choice I made in investing with Orion Metals. I will be telling my friends and friends about this amazing company. Thank you for all your help with my investments, never thought I'd find something fitting to my future.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Dec. 7, 2022

    I really appreciate how knowledgeable Jacob is and pointing me in the right direction without any pressure. Completely changed my life. I am very happy with my outcome! I highly recommend to anyone looking to invest. Thank you guys for all your help!

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Oct. 20, 2022

    It is a pleasure working with Jacob Blalock and the Orion Team. They are very customer driven and take the time to ensure all of my questions are answered. Their service is topnotch and they provide objective information and independent sources to help me make informed decisions about my account. No pressure and no up-sell. Thank you Jacob and the whole Orion Team.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Oct. 19, 2022

    Jacob ** was our representative and he was very courteous and professional before and during the purchase procedure. This can be said for every other staff member we dealt with. There was not has any high-pressure sales pitch. I would highly recommend Orion.

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    Orion Metal Exchange Company Information

    Company Name:
    Orion Metal Exchange
    Website:
    orionmetalexchange.com