When I check the app, PeerMetals: Buy Gold & Silver, it appears to be designed as a peer-to-peer marketplace specializing in precious metals. Its primary function is to connect buyers and sellers of gold, silver, coins, and bullion, facilitating transactions with potentially lower fees than traditional dealers. The app aims to create a community-driven environment for buying, selling, and collecting precious metals.
A key feature is its emphasis on verified sellers, ratings, and reviews, which aims to foster trust and security within the marketplace. The inclusion of buyer protection policies further reinforces this commitment. The app also offers secure checkout, streamlined shipping with label printing and tracking, and order updates, all contributing to a user-friendly experience. The powerful search and filtering capabilities allow users to quickly locate specific items based on metal type, purity, mint, year, grade, and price. The ability to save searches, follow favorite sellers, and create a watchlist adds a personalized touch, enhancing user engagement. Push notifications keep users informed about bids, outbids, messages, and delivery updates. For sellers, the app provides tools to list items quickly with clear photos, manage inventory and orders in a dedicated Seller Hub, choose between auctions and fixed prices, and print shipping labels. The reputation system encourages sellers to provide excellent service and build a loyal customer base.
PeerMetals would be particularly useful for individuals looking to buy or sell precious metals directly from other collectors and investors, potentially bypassing the markups associated with traditional dealers. It's also useful for those seeking specific or rare coins and bullion that may be difficult to find through conventional channels. Collectors looking to expand their collections, investors seeking to diversify their portfolios with precious metals, and stackers looking to accumulate gold and silver would likely find this app valuable.
The target audience appears to be broad, encompassing both seasoned precious metal investors and novice collectors. The app caters to anyone interested in buying, selling, or trading gold, silver, coins, and bullion. The features designed for both buyers and sellers suggest a balanced approach, aiming to create a vibrant and active marketplace.
Overall, PeerMetals seems to be a well-intentioned app designed to streamline the process of buying and selling precious metals in a peer-to-peer environment. The emphasis on security, verification, and user-friendly features suggests a serious attempt to create a trustworthy and efficient marketplace. However, the current 0/5 rating on the Google Play Store raises significant concerns. This extremely low rating likely indicates serious issues with the app's functionality, reliability, or user experience. Before recommending this app, it would be crucial to investigate the reasons behind the poor rating and determine if the issues have been addressed. If those issues are resolved, the app has the potential to be a valuable resource for the precious metals community.
Review published on October 7, 2025