Where to Find the Best Precious Metals Dealers

Precious metals are a good way to store value. Throughout history, gold, silver, and platinum prices have climbed, even during bad economic times.  Gold and silver coins are flexible and cost-effective ways to start a precious metals portfolio. Finding the best precious metal dealers for these coins is very important. Why? For coins to have full value (i.e., for them to match the spot price on gold and silver charts), they need to have the right purity and proof of authenticity.  Sources like the U.S. Mint and respected dealers like Sprott Money produce and sell coins with these qualities. 

There are other reasons that dealers like Sprott, who sell coins from U.S. and other mints, are the best places to buy silver online. Coins from popular mints are often highly collectible. Collectors are often willing to pay higher premiums (the cost of a coin above the spot price) for coins from respected mints. This is especially true for coins that have a limited supply. 

Best Mints to Buy Coins from the U.S.A. 

Sprott Money is a reliable place to buy silver online because it offers access to the most respected mints for coins from the U.S.A. Here is a closer look at four of the best sources for precious metals in North America. 

United States Mint

The United States Mint is the official mint of the U.S. government. It was the first mint in the country, with a history that goes back to 1792. The first U.S. Mint in Philadelphia is still in operation (albeit with more modern surroundings and equipment). There are also facilities in Denver, San Francisco, and West Point. The U.S. Mint also has storage buildings like the famous Fort Knox. 

The U.S. Mint also produces some of the most well-known and accessible coins for investors. These include the Buffalo Silver Round, which has a design based on the early 20th-century Buffalo Nickel. It's one of the more accessible and affordable options for investors.

The mint is also responsible for one of the most recognizable coins on the market: the 1-oz Silver American Eagle Coin. Coin shoppers will instantly recognize the coin's namesake bird and image of Lady Liberty on the other side of the coin. 

Sunshine Mint 

The Sunshine Mint makes a range of precious metal coins and bars. Established in 1979, the mint is based in Henderson, Nevada. It has locations in Idaho and Rhode Island. It also has an international location, with the Sunshine Minting International division of the company in Shanghai, China. 

The Sunshine Mint produces a range of unique, highly collectible coins, including the 1-oz Silver Sunshine Round. This attractive coin features an eagle flying in front of the sun. Importantly, for authenticity, the coin has a specialized mark that people can only see through a decoder. This ensures buyers will always be able to prove that it is a real coin. 

SilverTowne Mint 

The SilverTowne Mint is in Winchester, Indiana. This is not an expected place for a coin-maker, but the mint is one of the most respected private mints for rare coins in the U.S. The company has been around since 1949 and has minted coins since 1978.

Like the other U.S mints, one of its most collectible options is a liberty-themed coin. SilverTowne Mint's 1-oz silver coin features an image of the Statue of Liberty, with the reverse side showing her torch.

Highland Mint

The Highland Mint is another well-known private mint. It's been producing coins for more than four decades. Located in Melbourne, Florida, it specializes in custom minting, along with some limited-release products. Some of these are valued by collectors because they are unique. 

Interestingly, the Highland Mint deals in other types of collectibles, such as sports memorabilia, as well as coins and precious metal bars. One of its more desired offerings is the 10-oz Silver Walking Liberty Bar, which features Adolph Weinman’s well-known walking Lady Liberty image.

What to Expect from the Best Precious Metals Dealers

The value of gold and silver coins goes beyond their collectibility.  There are other reasons to purchase physical metals. 

• A hedge against inflation: Paper money loses its value during high inflation. But the value of gold and silver remains steady in these times. This is why investors often buy more gold or silver when inflation spikes. Since coins cost less than bars and are often easier to buy and sell quickly, they are ideal for dealing with inflation. However, silver bars are also cost-effective. 
• No direct third-party influence: Physical coins aren't subject to financial markets. There is no direct third-party influence on their value. No CEO or central bank is going to make a policy or mistake that affects the worldwide price of gold or silver. 
• A safe haven asset: Precious metals are safe havens during conflicts, disasters, or economic hardships. Even if financial markets crash and banks fail, the value of physical metals will remain intact. In fact, metals often increase in value (due to higher demand) during uncertain times. 

Silver and gold are investments that people lean on during hard times. This is why it's absolutely essential that investors find the best precious metal dealers to ensure their coins retain their full value. 

Sprott Money: The Best Place to Buy Silver Coins Online

Sprott Money and founder Eric Sprott are two of the most respected names in precious metals. The company offers coins from all major mints, including the United States Mint, SilverTowne Mint, Highland Mint, and Sunshine Mint. Sprott's wares also include coins, bars, and rounds from the best mints in Canada, Europe, Australia, and other global gold and silver hotspots.  Sprott Money also offers storage solutions and purchases bars and coins to help investors balance their portfolios.   

Browse the gold, silver, and platinum selection today to see why Sprott Money is widely considered one of the world's best precious metal dealers.