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Mint State Gold is among the oldest precious metals company, started in 1960 by Barry Stuppler. The company is headquartered in Santa Monica, California, and provides various services for its clients.
These include buying, selling, and storing bullion and other numismatic items.
Mint State Gold has an extensive network of dealers and Numismatic Guaranty Corporation (NGC) which they partnered with to provide grading and authentication services.
They are also members of the Professional Numismatists Guild (PNG) and the American Numismatic Association (ANA).
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Mint State Gold's Products and Services
Mint State Gold offers various precious metals products, including gold, silver, platinum, and palladium coins and bars from different mints and manufacturers. They also provide numismatic items such as rare coins, paper currency, and exonumia.
The company offers various services, such as buying, selling, and storing precious metals and grading and authentication services. They also offer IRA accounts and a team of specialists to help you set up and roll over your retirement account.
Mint State Gold is a well-established precious metals company that has been in business for over 50 years.
They have an extensive network of dealers and partnerships with reputable organizations such as the Numismatic Guaranty Corporation (NGC) and the Professional Numismatists Guild (PNG).
The company offers various services and has competitive pricing with a price match guarantee. They are a good choice for buying, selling, or storing precious metals.
Here are some of the products and services it offers:
E-commerce Facility
The company has an intensive e-commerce facility for customers to order, purchase and avail the services efficiently. Experts have developed the e-commerce site, and it is highly user-friendly.
When clients want to check the status of their orders, they can easily do so by logging into their accounts. The platform allows clients to view the current inventory and select the items they wish to purchase.
The payment gateway is secure, and clients can pay using their credit card, debit card, or bank account. However, if one uses this facility, one must create an account on the website.
The process is simple and only requires personal information such as name, address, and contact details.
Bullion Bars
Bullion Bars are available in different weights, and it is up to the client to select the one they want. The most popular ones are 1 oz, 10 oz, and 100 oz. The company also offers unique bars that weigh more than 1000 oz.
The metals offered include gold, silver, platinum, and palladium. Gold bars are available in different purity levels, including 24 karat, 22 karat, and 18 karat. Silver and platinum bars are usually 99.9% pure.
Palladium is the newest metal offered by the company, and it is available in 1 oz, 2.5 oz, 5 oz, and 10 oz weights.
Bullion Coins
Mint State Gold offers a wide variety of coins for investors and collectors. The most popular include American Eagle, Canadian Maple Leaf, South African Krugerrand, and Chinese Panda coins.
These coins are available in different weights and denominations. Different coins are minted from other metals. For example, American Eagles are available in gold, silver, and platinum, while Krugerrands are only minted in gold.
Numismatic Coins
Numismatic coins are collector's items and have a higher premium than bullion coins. These coins are usually rare or have historical value. Mint State Gold offers numerous numismatic coins from different countries and eras.
The most popular ones include United States Morgan silver dollars, British sovereigns, and pre-1933 Saint-Gaudens gold coins. These coins are graded and authenticated by third-party grading companies such as NGC and PCGS.
Investment and Retirement Vehicles
Mint State Gold offers investment and retirement vehicles for those investing in precious metals. These include Individual Retirement Accounts (IRA), 401k rollovers, and Precious Metals Storage Program.
The company has specialists that can help clients set up and manage their accounts. These accounts allow investors to invest in precious metals without paying taxes on the gains.
Grading and Authentication Services
Mint State Gold offers grading and authentication services for those looking to get their coins and bars graded by a third party.
The company has partnerships with leading grading services such as Numismatic Guaranty Corporation (NGC) and Professional Numismatists Guild (PNG). These services help investors determine the value of their coins and bars.
These services are essential for selling their coins or bars as they can get a higher price if the coin or bar is graded and authenticated.
Mint State Gold's Investor Education
Education is critical to any investor, no matter the level of experience. Mint State Gold offers various resources to help investors learn about gold investing. These include blog articles, webinars, podcasts, and books.
The company also provides a newsletter that covers the latest news and trends in the precious metals market. The newsletters cover economic indicators, market analysis, and investing strategies.
Daily and weekly market report documents provide investors with an overview of the precious metals market. These reports include charts and graphs that help investors track the performance of different metals.
How to Purchase Precious Metals from Mint State Gold
Precious metals can be purchased from Mint State Gold through their website or over the phone. The process is straightforward. First, investors must create an account online or over the phone.
Once the account is created, investors can fund their account with cash, credit/debit card, or bank wire transfer. Once the account is funded, investors can then place their orders. Orders can be set for coins, bars, or numismatic items.
Once the order is placed, Mint State Gold will ship the items to the investor's address.
There are a few ways to purchase precious metals from Mint State Gold. The first way is to order online through their website. You can also place an order by calling their toll-free number. Lastly, you can visit one of their retail locations.
Mint State Gold offers two payment options if you're purchasing online or over the phone. You can pay using a credit or debit card, or you can use a bank wire transfer.
If you're using a bank wire transfer, you'll need to have the funds available in your account before placing the order. Mint State Gold does not accept checks or money orders.
Mint State Gold Custodians and Storage
Mint State Gold does not store its precious metals in vaults. Instead, they have New Direction Trust Company as their custodian and store their metals at the Delaware Depository.
New Direction is a well-known and reputable trust company that has been in business since 2003 and is based out of Colorado. They are a qualified custodian with the IRS and are FDIC-insured.
The company has several depository locations, including Delaware, International Services Group, CNT, A-M Global Logistics, Dakota Company, and Money Metals Depositories.
These depositories are all highly secure with state-of-the-art security features.
Pros of Mint State Gold
Mint State Gold offers a wide range of products for investors to choose from. These include coins, bars, numismatic items, and investment/retirement vehicles. This gives investors a lot of options when investing in precious metals.
The company partners with leading grading and authentication services. This helps investors get their coins and bars graded and authenticated.
These services are essential for selling their coins or bars as they can get a higher price if the coin or bar is graded and certified.
Mint State Gold offers various resources to help investors learn about precious metals investing. These include blog articles, webinars, podcasts, and books.
The company also provides a newsletter that covers the latest news and trends in the precious metals market.
The company has good customer service. They are quick to respond to customer inquiries and are very helpful. They handle any complaint with utmost urgency and professionalism.
Additionally, they ship orders quickly. Most orders are shipped within 48 hours, and they offer free shipping on all orders over $99.
Mint State Gold offers secure storage options for those looking to store their precious metals. They have vaults in the United States, Canada, and Europe. They also insure all stored items for up to $1 million per account.
Cons of Mint State Gold
Most of the products listed on the website are indicated as "out of stock." This is not a good show for a company that is in the business of selling precious metals. Investors prefer to buy from companies with the products in stock and can ship them quickly.
Mint State Gold only ships to certain countries. This can be inconvenient for those who live in a country that is not on their list.
Conclusion
Overall, Mint State Gold is a good choice for those looking to invest in precious metals.
They offer a wide range of products, partnerships with leading grading and authentication services, investor education resources, and reasonable customer service.
They also have secure storage options for storing their precious metals. The only downsides are that they have out-of-stock products and only ship to certain countries.
Nonetheless, they are an good choice for investing in precious metals.
Mint State Gold is an ok company, but we do not recommend them.
They are much better options for investors looking to make cash purchases of precious metals and certainly better choices for those that want to open a physical gold IRA, like the ones we have written about extensively.
You can get a Free Gold Investors Guide from our top gold and precious metals company recommendation by clicking the link above or you can read our article of the top companies we reviewed this year:
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I started BMOGAM Viewpoints as a way to compile all my views on investing in one place. I own my home, have some real estate, and own a few stocks like most people, but what really drives my interest in investing is I have a strong love of precious metals, especially gold.
