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Scottsdale Mint is a private mint that operates out of North Scottsdale, Arizona. A renowned name in the world of precious metals, Scottsdale Mint offers a diverse range of products that cater to both seasoned investors and newcomers alike.
With a commitment to quality and innovation, the mint showcases an array of silver and gold products, from intricately designed coins to stackable bars. Their updated designs and special promotions on silver cast bars are just a glimpse of their dedication to providing value and variety to their customers.
Whether you're looking to learn the basics of bullion or seeking unique collectibles, Scottsdale Mint stands as a testament to excellence in the realm of precious metal craftsmanship.
Originally started as a reseller of silver, the company quickly expanded into the private minting of gold and silver and has emerged as one of the American leaders in this field.
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About Scottsdale Mint
The website notes that they are one of the view private mints operating in the entire world. In that capacity, Scottsdale Mint offers an array of products and services that are tied to the creation of gold and silver bullion.
In addition, the Mint, which has been in operation since 2010, bills itself as family-owned in the field of precious metals. In this capacity, they may give customers a chance to purchase high-quality precious metals at reasonable prices.
Products & Services
Scottsdale Mint specifically sells two types of metal: gold and silver. Customers can purchase gold and silver in bars or minted coins onsite. The Mint buys gold and silver from foreign mines, ships them onsite, and mints them in their North Scottsdale facility.
The website notes that bars and coins can be minted in numerous designs. This includes:
Specific Information on Products
The products and designs sold by the Scottsdale Mint change every year. This ensures that private collectors and investors of gold and silver can constantly buy different designs.
Collectors can also view the Scottsdale Mint website for information on more products that they can buy, including older products. The range of products is massive. Users can make purchases of various types, years, and more.
There is unquestionably something for everyone. Customers will be expected to pay for shipping if the order is less than $500. If the order is more than $500, shipping is free.
Products are protected via armed guard during transfer. They are also fully insured.
Thus, in the unlikely event that something happens to your purchase, you will receive your money back.
Sell Your Silver to Scottsdale Mint
In addition to selling you gold or silver, Scottsdale Mint will buy certain items from you. Their website notes that the Mint will buy silver coins or bars. However, they don't say anything about buying back gold.
The website says that you should call if you are interested in selling your silver, but it doesn't say anything about potential prices.
How To Place An Order
The complexity of ordering and shopping precious metals requires that a mint create multiple ways of starting orders. Scottsdale Mint seems to understand this and allows customers to place an order over the phone or online.
The system that individuals can use to place an order is highly intuitive and just like purchasing any other online platform. This enables individuals to easily make a purchase, even if they are new to the system.
Furthermore, you can purchase a vast array of gold and silver types. The website is easy to use, and you won't have to worry about making an inappropriate or accidental purchase.
If you aren't sure what you are looking for, you're in luck: The website offers a variety of easy-to-use filters that sort products by metal, type, year of production, series, and more.
As such, you can easily manage to purchase whatever product you are looking for. These features enable both beginners and experts to find a product of their choosing.
It is worth noting that prices are updated on the website every five minutes.
This ensures that potential purchasers get the most up-to-date prices, giving buyers the confidence they need before making this expensive purchase. Interestingly, Scottsdale Mint has a newer option for many investors: The chance to buy with cryptocurrency.
As the website notes, you can use your cryptocurrency wallet to make a purchase, thus allowing you to buy one of the world's oldest currencies with one of the world's newest. The website also offers a specific guide on how to purchase crypto.
Scottsdale Mint Resources
One of the best parts about the Scottsdale Mint website is the array of resources available on their website. The Mint has a vast array of explainers on its website, including:
This section has information on their minting process, and information on reviews of the Mint.
The Mint works with vaulting partners and connections, creating a nice one-stop-shop opportunity for interested buyers.
Individuals can purchase gold or silver from Scottsdale, then vault it with one of their partners, ensuring a smooth transition of ownership.
According to the website, Scottsdale Mint has fully insured, armored transfer, ensuring that your purchase is protected.
This enables individuals to buy gold or silver for charitable organizations. Those purchases can then be written off as tax deductions.
Scottsdale has an interest in trying to get you to purchase more of its products, but there is no question that there is a market for gold or silver.
As such, the website has an extensive array of information on how you can become a dealer, as well as an easy-to-use contact information form that enables you to reach out to the Mint for more information.
This section of the website speaks well of Scottsdale's customer-service orientation, as it is clear that they want their customers to be educated in the Mint's operations and how they can make purchases.
Of course, there is a business motivation here, and individuals viewing these resources need to make sure that they are taking these resources with a grain of salt, as the end goal of Scottsdale Mint is to sell more of their products.
Positives of Scottsdale Mint
There is no doubt that customers who purchase from Scottsdale Mint will be able to take advantage of an array of positives, including the following:
Scottsdale Mint offers many different, intricate, and visually appealing design methods on its gold and silver bars and coins. This allows individuals to get the product they want and gives more options than just the "standard" look on any bars and coins.
Full customization is possible, ensuring you get bars or coins that look and feel like you want them to. Scottsdale Mint can use many different design types in creating your coin or bar. You can also purchase different-sized bars or coins.
The ability to buy gold with crypto is new and unique. Scottsdale Mint not only allows users to make such a purchase but has a guide that enables them to do just that.
This opportunity gives customers a spending option that is simply not available at many other mints. It also speaks well of Scottsdale Mint's customer-service orientation and its ability and desire to innovate in the future.
The array of products on the website is highly diverse and constantly updated.
Some products have discounts or coupons.
The website has much more information than buying or selling gold or silver. It also gives you extensive information on how to turn your investment into new profit, how the product is minted and shipped, and how it is secured and insured.
This offers individuals who are spending a large swath of money real comfort and can make it easier for them to invest.
Potential Areas of Concern
It is worth noting that independent review sites of Scottsdale Mint purchases have flagged potential concerns. Chief among them is slow response time and a lack of delivery of orders.
These are major potential issues, and they merit additional exploration. Some of these review sites, like BBB and Trust Pilot, mentioned the same issue: Orders were placed, then not delivered, and getting responses was difficult.
To be clear, many individuals noted that their orders were delivered quickly and praised the customer service of Scottsdale Mint. However, other individuals had the opposite experience. These perspectives are worth keeping in mind when placing an order.
Conclusion
If the website is to be believed, Scottsdale Mint offers high-quality products, updates its prices regularly, and offers more than just the chance to buy and sell customized gold and silver.
They offer a vast array of comprehensive services that may benefit individuals who are interested in buying gold or silver, and they also offer individuals the chance to get comfortable with this purchase.
However, the concerns flagged on other independent websites are worth additional exploration.
As such, you may want to do your own investigation before purchasing from Scottsdale Mint and see if there aren't other mints that have better customer service reputations.
Scottsdale Mint is a decent company, they are not a scam, but we do not recommend them.
They are not the best option for individual purchases of precious metals, and certainly not the best option for investors looking to protect their savings with a precious metals IRA.
There are much better companies to work with that we have written about extensively on this website.
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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.
