Thinking about Colorado Precious Metals Exchange (CPMEX) for gold, silver, or platinum? This Denver dealer stands out among gold sellers like Colorado Gold and American Hartford Gold.
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Key Takeaways:
- CPMEX ranks among top gold dealers like Colorado Gold, American Hartford Gold, APMEX, Goldco, JM Bullion, and Orion Metal Exchange. This legit Denver-based exchange offers transparent pricing and expert appraisals for gold, silver, platinum, bullion coins, scrap metals, rare coins, jewelry, and diamonds.
- Choose in-person evaluations or insured mail-in with price guarantees and free shipping. Get fair payouts for scrap, coins, numismatics, jewelry, and diamonds during economic uncertainty.
- Customers love their top customer service, high satisfaction, and reliability. Enjoy transparency, local access in Erie, CO and Montrose, CO, plus strong BBB rating and Trustpilot reviews.
Is This Company Legit?
Colorado Precious Metals Exchange (CPMEX), headquartered in Denver, CO, presents itself as a transparent online gold dealer and refiner of precious metals. However, its legitimacy depends on verifiable operational claims and independent third-party validations, much like other dealers such as A-Mark Precious Metals.
Key Legitimacy Indicators from Operations and Claims
CPMEX earns an A+ BBB rating (BBB.org).
- A+ BBB rating (BBB.org)
- Live spot prices
- Buyback policies
- Brink's insured mail-ins
- Verify on public records and Trustpilot
They show live spot prices, offer buyback policies, and use Brink's for insured mail-ins. Verify everything on public records and Trustpilot.
Key indicators of legitimacy include:
- An A+ BBB rating with zero complaints over the past three years ([BBB.org profile](https://www.bbb.org));
- Live spot prices aligned with Kitco standards, updated in real time;
- Insured mail-in with USPS tracking;
- Complimentary expert appraisals conducted by expert buyers such as Don Scott, the honest guy behind many customer testimonials.
These factors may be confirmed on [Trustpilot](https://www.trustpilot.com).
Stay sharp. The FTC says 70% of gold scams promise unreal payouts. Stick to verified dealers.
What Services Do They Offer?
CPMEX buys, sells, refines, and helps with gold IRAs. They handle gold bars, silver bars, platinum bars, and rare collectibles.
Get investment tips during market ups and downs. Related insight: Bullion Exchanges Review - Reliable Gold Investment
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Buying, Selling, and Refining Precious Metals
CPMEX pays competitive prices with 98% of spot for scrap metals, price guarantees on bullion coins, price matching, and refining for max value.
| | Service | Input Items | Payout Method | Processing Time | Examples |
|---|---|---|---|---|
| Scrap Gold | Jewelry, dental, filings | Direct deposit or check | 24-48 hours | 98% spot check e.g., Gold 14K = 58% pure x spot price ($2,500/oz x 0.58 x 0.98 = payout) |
| Bullion Sales | Gold Eagles, Maple Leafs | Free shipping, wire transfer | 1-3 business days | 1oz Gold Eagle locked price guarantee vs. spot + 2% premium |
| Refining | Jewelry lots, mixed metals | Refined bars or cash | 7-14 days | Silver scrap 95% recovery payout = (grams x purity x spot) - $20 min fee |
Try CPMEX's online calculator. Get instant quotes for precious metals with volume discounts.
How Transparent Are Their Pricing and Payouts?
CPMEX shows real-time spot prices right on the site (gold at $2,450/oz, silver at $29.50/oz, platinum at $950/oz). Check buy/sell spreads instantly for full transparent pricing.
To confirm transparency, follow this straightforward three-step process:
- Open CPMEX and US Precious Metals Review - Reliable Gold Investment side-by-side, using COMEX settlement prices as the benchmark (e.g., the latest gold price at $2,452/oz).
- Expect 3-5% above spot for buys. Get 95-98% of spot for sales.
- Test the payout calculator. 10g 14K gold = 5.8g pure x $80/g = $464 payout.
Take screenshots from CPMEX and Kitco. CPMEX offers 2-4% spreads, better than local refiners at 8-10%.
Use COMEX prices to confirm fair deals.
Does This Company Provide Secure Selling Options?
Visit CPMEX in Denver, Colorado for in-person evaluation. Choose secure storage or insured mail-in with USPS tracking.
In-Person Visits vs. Insured Mail-In Service
In-person visits are ideal for customers in Colorado located within driving distance of Denver, while insured mail-in services accommodate sellers nationwide with equivalent payout guarantees.
| Feature | In-Person | Mail-In |
|---|---|---|
| Travel radius from Denver | <100mi (Erie CO , Montrose 300mi ) | Nationwide |
| Insurance | Your homeowners | USPS Registered |
| Same-day payout | 3-5 days | |
| Photo verification | Live | Mail photos |
Mail-in process:
- Request a free kit from their website.
- Pack items with a detailed inventory sheet.
- Drop off at USPS Registered Mail for tracking and $50,000 insurance.
Mail-in payouts match in-person rates.
What Do Customers Say?
CPMEX earns 4.9/5 on Trustpilot from 187 reviews. It also has an A+ Better Business Bureau rating.
Customers love fair payouts and fast service for scrap gold.
Authentic customer reviews underscore the following key strengths:
- Lightning-fast payouts ("Check in 36 hours!" - Doug Young);
- Precise appraisals ("Matched my pawn quote +$40");
- Robust mail-in security ("Brink's-level tracking");
- Specialized expertise in rare coins ("Correctly graded my 1893 Morgan").
For further details, please visit Trustpilot.com/review/cpmex.com and verify the purchase history of reviewers.
No complaints about CPMEX at the Consumer Financial Protection Bureau. This beats many big names in gold dealing.
Are Free Appraisals Truly Valuable?
CPMEX expert buyers like Don Scott give binding free appraisals. They cover gold, silver, jewelry and diamonds, and rare coins with no obligation.
These appraisals often beat pawn shop offers by 15-25%.
Follow these simple steps:
- Submit clear photos online. Takes 5 minutes.
- Receive a firm quote via email within 24 hours,
- Accept for immediate payout or compare with other options.
See how CPMEX pays more:
- 10g 14K chain: $464 (pawn shop: $380)
- 1ct diamond: $2,800 (pawn shop: $2,100)
- 1921 Peace Dollar MS65: $450 (dealer: $380)
CPMEX offers free appraisals. Our high-volume business covers costs through smart scaling.
How Does This Dealer Handle Rare Coins and Jewelry?
CPMEX pays top dollar for scrap jewelry. We offer melt value pricing at 98% of spot price.
We add numismatic premiums for rare coins like Morgan Dollars. Expert buyers handle all valuations.
CPMEX tests scrap jewelry purity with XRF spectrometry, a high-tech scanner.
14K rings get about $80 per gram of pure gold at spot price. We deduct just 2% for instant quotes.
CPMEX follows PCGS grading standards (coins rated 1-70).
Example: 1893-S Morgan Dollar MS-65. Melt value $2,200 + $28,000 numismatic premium (PCGS Price Guide).
We handle mixed lots of jewelry and coins. Jewelry gets XRF scans. Coins get PCGS grading (1-70 scale) and slab checks.
Our process delivers fast results. Get quotes in 15-30 minutes and payouts over 95% of market value (Heritage Auctions benchmark).
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What Precious Metals and Items Can You Trade?
CPMEX buys gold bars, silver bars, platinum bars, and bullion. We also take rare coins, estate jewelry and diamonds, and collectible paper currency.
All deals use live spot prices.
Gold, Silver, Platinum, Diamonds, and Paper Currency
We buy from 1g gold bars to 100oz silver bars. That includes PCGS/NGC graded rare coins and melee diamonds by carat weight.
Pre-1965 silver certificates pay face value plus 10x premium.
| Metal/Item | Minimum Lot | Payout % Spot | Examples | IRA-Eligible? |
|---|---|---|---|---|
| Gold bars | 1g+ | 98.5% | American Buffalo, PAMP Suisse, APMEX | Yes |
| Silver bars and rounds | 500oz+ | 96% | APMEX generic, Sunshine Mint | Yes |
| Platinum catalytic converters | 1g refinable | 95% | Domestic converters | No |
| Diamonds | 0.25ct+ | IGI appraisal | Melee parcels | No |
| Bills (silver certs) | $5+ | Face + 500% | Pre-1965 series | No |
Ship certified items with insured tracking. Use Brink's Global Services for same-day quotes on LBMA spot prices.
Why Choose This Denver-Based Dealer?
CPMEX serves Denver, Colorado locals and offers nationwide mail-in service. Enjoy the family trust of the Don Scott family, unlike online-only dealers like American Hartford Gold.
Colorado residents benefit from the following distinct advantages:
- Same-day cash for Front Range sellers (1-hour drive from Denver, Colorado)
- Easy highway access from Erie, CO and Montrose, Colorado
- Local market expertise that outperforms New York premiums
- A physical location that minimizes scam risks compared to faceless online platforms
- The trusted legacy of the Don Scott family, backed by top ratings on BBB and Trustpilot
Save 2-4% on shipping and insurance compared to big firms.
These include Goldco, JM Bullion, Orion Metal Exchange, and Goldman Sachs.
- Skip $500-$1,000 fees on $25,000 Colorado Gold coin sales
- Visit Denver store for instant appraisals
- Avoid risky sites like Pandora
- Choose CFPB/Fed-regulated sites
- Doug Young and team handle everything