Coinex, Inc

650 S Hill St #328A, Los Angeles | Precious Metals Recycling

Coinex Inc. is one of the largest wholesalers of precious metals in North America, supplying diversified metal products and related services to many segments of the precious metals industry.

Coinex Inc is a leader in trading and physical delivery of metals. Coinex Inc is also a leading distributor of coins, bars, grains, and ingots for a large number of manufacturers and investors. We provide professional service to wholesalers, manufacturers and merchants of precious metals.

Anchored by our financial stability and commitment to the precious metals marketplace, we offer creative, flexible programs. Customers throughout the United States rely on our extended trading hours, experienced personnel, and our broad range of products and services. Coinex Inc's relationships around the United States expedite domestic transactions and delivery of metals. With instant access to domestic markets, we constantly monitor the metals marketplace to provide competitive pricing and up-to-the-minute market information.

GOLD: Coinex Inc.'s trading desk makes markets on all major bullion coins, grains (shots), bars and wafers in various sizes. Coinex Inc. also handles major precious metal refining.
GOLD BULLION COINS: Coinex Inc. buys and sells gold bullion coins ranging in size from 1 gram to those containing a kilogram of pure gold. We trade the world's most popular coins including Canadian Maple Leafs, Australian Nuggets, U.S. Eagles, Chinese Panda, Kruggerrands, Austrian Coronas and the gold coins of Mexico.
GOLD BULLION AND BARS: We buy and sell gold bars and wafers in a variety of sizes. Our diversified product line also includes such world-recognized hallmarks as the Credit Swiss and Pamp bars.
GOLD FOR STORAGE PROGRAM: Customers may purchase and store gold in our secure and insured facilities.
GOLD SCRAP: Coinex Inc. buys karat gold (and silver and platinum group) scrap for immediate payment. Coinex Inc. exchanges karat gold for 24 karat casting grain.
SILVER BULLION COINS: Coinex Inc. offers an extensive product line which includes the American Silver Eagle, the Mexican Libertad, Canadian Maple Leaf and the Australian Kookaburra.
SILVER GRAIN: Coinex Inc. provides manufacturers with .999 silver grain and .925 N/D sterling silver grain.

PLATINUM AND PALLADIUM: Coinex Inc. buys and sells virtually every major Platinum and Palladium bullion coins, as well as bars and wafers.
PLATINUM CASTING GRAIN: Coinex Inc. offers 95% Platinum mixed with 5% Iridium, 90% Platinum mixed with 10% Iridium, 95% Platinum mixed with 5% Cobalt, and 95% Platinum mixed with 5% Ruthinum.
ALLOYS: Coinex Inc. offers white, yellow, red and green alloys.

DELIVERY AND SHIPPING: Coinex Inc. will ship all metals through the United States Postal Service Registered Insured Mail. Special arrangements are made for overnight delivery.

History of Gold

Gold's 5,000-year history can be traced back to the Egyptians around 3,000 B.C., when this ancient civilization linked the power of gold to the life-giving Sun God Ra. In ancient Greek and Roman Times, gold was used to decorate temples and was offered to the Gods. In the centuries that followed, gold's religious and regal uses inspired all of the ancient civilizations to treasure the metal and to use it for personal adornment and as a symbol of power.
In 560 B.C., King Coesius of Lydia discovered another use for gold when he struck the first gold coin. The King, stamping gold coins and bars with his personal heraldic device, made gold his kingdom's 'coin of the realm' or 'legal tender.'

During the following 2,500 years in the evolution of world trade and commerce, gold emerged as the pre-eminent global currency as thousands of gold coins were minted by many countries. Today, gold coins are still highly desirable by investors as a trusted store of value and a recognized medium of exchange. Many of the rarer gold coins are valued by knowledgeable coin collectors at substantial premiums above their bullion value. Additionally, gold bars are held by central banks to assure their ability to make international payments.

No other substance embodies the unique characteristics of gold. Its luster and beauty are unsurpassed. It combines easy workability, excellent conductivity and virtual indestructibility. The five largest producers of gold are South Africa, the former Soviet Union, the United States, Australia and Canada. Gold's value is intrinsic. It is a precious metal that cannot be destroyed or altered. Gold is highly liquid, has few geographic boundaries and can be bought, sold, and stored in most parts of the free world with privacy. Because of its global market, the price of gold cannot be manipulated by any single nation or borrower. On the contrary, gold is widely thought of as the foundation of the world's monetary system.

Gold, silver, and platinum bullion investment demand has reached record levels for the decade. Much of the demand is due to concerns over a Y2K-related liquidity crunch and potential financial market risks. During the past year, the major Mints reported heavy total sales levels of precious metal bullion inventories, the low precious metals prices seen in 1998 may have had equally as important a role in motivating investors.

If the past 5,000 years of history offers any indication, Investors hold gold for two basic reasons:

1. Gold can act as a stop-gap currency if bank networks fail, also offers protection against one's cash losing value if governments opt to inflate their way out of a crisis.
2. As the unit of account through the ages, nearly everyone knows, recognizes, and values gold.

 

Company Details
Company NameCoinex, Inc
Business CategoryPrecious Metals Recycling
Address650 S Hill St #328A
Los Angeles
ZIP: CA 90014
PresidentNA
Year EstablishedNA
EmployeesNA
MembershipsNA
Hours of OperationNA

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