Silvertowne Review

  • Silvertowne is a highly respected and large dealer of precious metals, modern coins, and rare coins in the US. They offer a wide range of palladium, platinum, silver, and gold coins, bars, and other products, including popular IRS-approved bars and coins. They are recommended for investors/collectors of precious metals and have fast and free shipping options.
  • The company was founded in 1949 by Leon Hendrickson and his wife Ruhama. They have a touching story about how it was started by the matriarch of the family out of a cigar box. Silvertowne is a mint that designs and strikes their own rounds and bars. They are now one of the biggest and most respected dealers of precious metals and rare coins globally.
  • Silvertowne also offers IRA services for those looking to invest in IRA-approved bullion and collectibles. They have in-house IRA setup services available and relationships with preferred depositories, providing low fees and reasonable markups to their customers.
  • The company has a strong reputation for integrity and honesty. They are a member of various numismatics organizations such as the Professional Numismatists Guild, American Numismatic Association, and Certified Coin Exchange, among others. While customer reviews on Trustpilot, BMO GAM Viewpoints, and their website are mostly positive, some users have reported slow response times to inquiries and frequent out-of-stock items. However, Silvertowne remains a reliable and trustworthy provider of precious metals and rare coins.

Introduction to Silvertowne

Silvertowne
4 stars

4.0/5 Ratings

Silvertowne is a reputable provider for collectors and investors, offering a diverse range of products to suit every budget.

In this section, they will introduce you to Silvertowne and take a closer look at their extensive product selection, which is sure to leave you with ample options to choose from.

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Pros and Cons

Pros

✅You’ll discover something truly exceptional with our vast collection of precious metals.

✅ In addition to our online shop, they also have a showroom for your convenience.

✅ They have been providing services for an extended period.

Cons

❎The online ratings and reviews are unfavorable.

❎ The company does not offer any IRA services.
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Silvertowne’s Story and Reputation

Silvertowne’s journey, from Leon Hendrickson and Ruhama starting the business out of a small room to becoming one of the biggest dealers of precious metals, is a fascinating story.

In this section, they’ll take a closer look at their reputation for high integrity and honesty, and how they’ve earned a well-respected position in the industry.

Leon Hendrickson and Ruhama Starting the Business Out of a Cigar Box

Silvertowne, founded by Leon Hendrickson and Ruhama, began humbly. With just a few coins and bullions in a cigar box. But despite its beginnings, Silvertowne has become one of the largest dealers of precious metals globally. And gained a stellar reputation for integrity and honesty.

What makes Silvertowne unique is its commitment to offering customers reasonable markups on a wide range of IRA-approved bullion and collectibles. Despite its growth, it still holds on to its entrepreneurial spirit. And continues to expand its product selection, while also offering in-house IRA setup services.

The founders’ high level of integrity and honesty with clients has been key to Silvertowne’s success. This has earned the trust of customers over the years. Making Silvertowne one of the most trusted precious metals dealers in the industry.

SilverTowne

High Integrity and Honesty

Silvertowne is a renowned firm, famed for their strong commitment to honesty and integrity in the precious metals business. Leon Hendrickson and Ruhama began their journey with merely a humble cigar box and have since grown to be one of the most influential precious metals dealers in the nation.

Silvertowne puts a great emphasis on being transparent. They have minimal fees and reasonable markup rates. Customer satisfaction is of utmost importance to them, and they handle any customer-related issues promptly.

The company also carefully maintains relationships with key industry players, including depositories. This results in shorter delivery times and even free shipping. When looking for a dependable precious metals firm, Silvertowne stands out for their commitment to integrity, honesty, and transparency. You can trust that your precious metals are always in reliable hands with Silvertowne.

Well-Respected and One of the Biggest Dealers of Precious Metals

Silvertowne is a major precious metals dealer. They are renowned for their high-quality products, great customer service and honesty. Collectors and investors appreciate their selection of metals and rare coins.

Free shipping and speedy delivery are available. Silvertowne’s team is courteous and respectful to every customer. They offer IRA services with low fees and reasonable markups. Clients can expect their purchases to arrive quickly and securely.

Silvertowne’s ethical practices have earned them a strong reputation over time. It all started when founders Leon Hendrickson and Ruhama sold silver from cigar boxes. Choose Silvertowne for your investments with confidence.

Shopping at Silvertowne is always a pleasant experience. Plus, free shipping on all ordersFast shipping times are a bonus too. This is thanks to Silvertowne’s great online inventory and quick shipping practices.

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Silvertowne’s Product Selection

Silvertowne is a mecca for customers wanting to buy rare coins and precious metals. They have a user-friendly table on their website, split into two columns – Precious Metals and Rare Coins. The Precious Metals section includes silver bars, gold coins, platinum rounds, and palladium bullion. The Rare Coins section has American Eagles, Morgan Dollars, Peace Dollars, and Buffalo Nickels.

Silvertowne goes beyond just selling physical products. They offer IRA-approved bullion and collectibles too. Plus, they provide in-house setup services with preferred depositaries for investors wanting to put money into approved IRAs. They also keep costs low with reasonable fees and markups.

Silvertowne strives to give an amazing buying experience. They offer free and fast shipping times. Shopping with them makes it easy to change spare change into beautiful treasures. No wonder so many people come to them when investing in rare coins and precious metals.

Customers can benefit from Silvertowne’s free shipping on all orders and speedy shipping times. Most orders are processed and shipped within 24 hours.

Precious Metals and Rare Coins

Silvertowne is a renowned dealer of precious metals and rare coins. They provide a big selection of top-notch gold, silver, platinum, and palladium bullion for investors interested in adding physical assets to their portfolios. They’re also known for their extensive collection of rare coins from all over the world.

Their products are accompanied by detailed descriptions and images, so buyers can make educated buying decisions. Plus, they’re recognized for their competitive pricing on precious metals and rare coins.

One of Silvertowne’s great offerings is their Buy-Back Program. Customers can resell any previously purchased items back to them at a fair market value. This ensures buyers get a price that mirrors current market conditions.

Plus, they frequently update their inventory based on market trends and customer demand, offering new and exciting products while maintaining their standing as one of the largest dealers of precious metals in the industry.

Free Shipping and Quick Shipping Times

Customer service is a priority – the staff are friendly and trained to answer questions promptly. Buyers can feel confident knowing their products are securely and discreetly packaged. Silvertowne also sends tracking information via email when the package is shipped. This makes it easy to check progress and estimated delivery times. Silvertowne’s promise of prompt services has become their trademark. It shows they prioritize customer convenience above all else!

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SilverTowne Trademark 5oz .999 Silver Bar

SPECIFICATION VALUE
Composition: .999 Fine Silver
Weight: 5 Troy Ounce
Approx. Dimensions: 61.4mm (W) | 36.4mm (H) | 7.6mm (D)
Mint: SilverTowne Mint

SilverTowne Trademark 5oz .999 Silver Bar.jpeg

2023 Silver American Eagle BU Coin in Flip

SPECIFICATION VALUE
Composition: .999 Fine Silver
Weight: 1 Troy Ounce
Approx. Dimensions: 39mm Diameter | 2.9mm Thick
Mint: SilverTowne Mint

2023 Silver American Eagle BU Coin in Flip

Buffalo Replica 1oz .999 Silver Medallion 5pc

SPECIFICATION VALUE
Composition: .999 Fine Silver
Weight: 1 Troy Ounce
Approx. Dimensions: 39mm Diameter | 2.9mm Thick
Mint: SilverTowne Mint

Buffalo Replica
100oz .999 Silver Engelhard Bar - Secondary Market

100oz .999 Silver Engelhard Bar – Secondary Marketl

SPECIFICATION VALUE
Composition: .999 Fine Silver
Weight: 100 Troy Ounce
Approx. Dimensions: 
Mint: SilverTowne Mint

1950 Franklin Silver Half Dollar BU Condition

1948 D Franklin Silver Half Dollar BU Condition

SPECIFICATION VALUE
Composition: 90.0% Silver 10.0% Copper
Silver: 0.36169 Troy Ounces
Years of minting: 1948
Mint: SilverTowne Mint

(2023) Walking Liberty Half Dollar American Legacy Collection 1oz Silver High Relief PF70 UC NGC Flag Label

SPECIFICATION VALUE
Composition: .999 Fine Silver
Weight: 1 Ounce
Approx. Dimensions: 
Mint: SilverTowne Mint

Silvertowne’s IRA Services

Silvertowne provides IRA services that include IRA-approved bullion and collectibles, in-house IRA setup, and relationships with preferred depositories. These services are offered at a reasonable cost.

IRA-Approved Bullion and Collectibles

Planning for retirement? Silvertowne has got you covered. They offer a wide selection of products that meet the Internal Revenue Service (IRS) requirements for traditional, Roth, SEP, and SIMPLE IRA accounts.

Gold, silver, platinum, and palladium bullion, as well as American Eagle gold and silver proof coins, are all approved for IRA investments. Customers can trust that the products they purchase from Silvertowne are IRS-approved.

In addition, Silvertowne provides guidance on setting up IRA accounts and establishing relationships with preferred depositories. Low fees and reasonable markups make them a top choice for investing in precious metals and rare coins through IRA accounts.

In-House IRA Setup Services and Relationships with Preferred Depositories

Silvertowne offers great in-house IRA setup services. They have strong relations with top-rated depositories, like Brinks, Delaware Depository, and HSBC. This leads to speedy processing and secure storage of assets. Furthermore, they have a wide selection of IRA-approved bullion and collectibles.

Low setup fees, plus a streamlined registration process, make it simple to create an account. You can fund your account with self-directed IRAs, rollovers, or direct contributions. Customers have given Silvertowne’s support team high praise. They are available to help you create an IRA.

If you want an alternative to traditional investments, go with Silvertowne. Don’t miss out on their in-house IRA setup service and preferred depositories.

Low Fees and Reasonable Markups

Silvertowne is a top pick for those wanting to invest in precious metals and rare coins. They offer clients reasonable markups and low fees. Buyers and sellers both benefit from Silvertowne’s competitive prices on IRA-approved bullion and collectibles. Plus, they offer in-house IRA setup services plus partnerships with preferred depositories to guarantee great service. Low fees and markups make Silvertowne ideal for those interested in investing in precious metals or rare coins.

Although Silvertowne’s response time can be slow, their customer reviews are positive. When it comes to investing in precious metals and rare coins, you can trust Silvertowne. They are a reliable option that you can count on.

Positive feedback from their clients across multiple review sites shows that Silvertowne maintains high customer service standards. They offer quality products, free shipping, and quick delivery times, further building their good reputation in the industry.

Silvertowne’s Customer Reviews and Ratings

The sub-sections will cover:

  1. Positive reviews on the Trustpilot platform
  2. Reviews on Silvertowne’s website
SilverTowne rating

Silvertowne’s customer satisfaction is a crucial aspect of its business. In this section, we will examine the ratings and reviews that customers have given their shopping experiences on the website based on factual data.

Positive Reviews on Trustpilot, BMO GAM Viewpoints, and SilverTowne’s Website

Silvertowne is a highly esteemed company in the precious metals and rare coins industry. Customers have given glowing reviews on platforms like Trustpilot, BMO GAM Viewpoints, and their own website. Trustpilot ratings, in particular, reflect customer satisfaction with a company’s services or products. 

To continuously improve their services, Silvertowne invests in new technologies and hires knowledgeable staff. This way, their customers get expert advice on purchasing precious metals and rare coins. Silvertowne is one of the best dealers, consistently satisfying their customers. Their extensive collection of precious metals and rare coins makes it worth the wait, even though customer service may not be lightning-fast.

Slow Response Times to Inquiries and Frequently Out of Stock

Silvertowne Review has taken note of customer concerns. Reviews and ratings say there have been issues with response times and stock. Some customers have been unhappy with the support they got. Others had to wait too long for a response.

Final Thought – Silvertowne Review

Pooja is the perfect choice if you’re after precious metals and rare coins. They offer top quality gold, silver, platinum, and palladium bars and coins. The Silvertowne review praises their knowledgeable and friendly staff. They guarantee customer satisfaction with transparent pricing and grading services.

Plus, they provide customization options. Customers can get engraving on their product, making it an ideal gift or collectible. All things considered, Pooja is an excellent provider for those in search of precious metals and rare coins. They offer excellent customer service, a wide range of products, and customization options. Investing in precious metals or collecting rare coins has never been easier.

Some Facts About Silvertowne Review:

✅ Silvertowne is recommended for investors/collectors of precious metals, offering a large selection of products with many that ship for free. (Source: trustpilot.com)

✅ Silvertowne is a mint that designs and strikes their own rounds and bars. (Source: trustpilot.com)

✅ SilverTowne is a precious metals and rare coins dealer that provides its products through its retail showroom in Winchester and website. (Source: yourgoldiraguide.com)

✅ The company offers a wide range of palladium, platinum, silver, and gold coins, bars, and other products, including popular IRS-approved bars and coins. (Source: bmogamviewpoints.com)

✅ Silvertowne was started by the matriarch of the family out of a cigar box, and now offers a wide selection of coins and bullion with fast and free shipping options. (Source: trustpilot.com)

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FAQs About Silvertowne Review

Silvertowne: A Respected Precious Metals Dealer

Silvertowne is a trusted dealer of precious metals, modern coins, and rare coins in the United States. The company was founded in 1949 by Leon Hendrickson and his wife Ruhama and prides itself on integrity and honesty. Silvertowne provides a variety of products including palladium, platinum, silver, and gold coins, bars, and other items such as popular IRS-approved bars and coins. They are also a mint that designs and strikes their rounds and bars and offer a large selection of items, including many that ship for free.

How to Purchase Precious Metals from Silvertowne?

You can buy precious metals from Silvertowne by visiting the physical showroom in Winchester or through their website. Silvertowne offers a wide range of options for coins, bars, rounds, collectibles, and numismatics, including IRA-approved bullion, collectibles, and other products. Add your favorite items to the shopping cart and follow the easy checkout process.

Examples of Products Offered by Silvertowne

Some examples of products offered by Silvertowne include American Gold Eagle, Canadian Silver Maple Leaf, and Platinum Eagles. They also offer numismatic coins, rare coins, and modern coins.

Why Should I Consider Investing in Gold IRA?

It is vital to consider putting gold in your IRA account to safeguard your retirement and your family’s financial security. IRAs provide long-term tax-protected savings opportunities, and allocating a significant portion to solid and reliable assets is critical for a secure retirement. Silvertowne has relationships with New Direction IRA, The Entrust Group, Millennium Trust Company, and preferred depositories to facilitate this financial strategy.

Silvertowne’s Customer Reviews and Ratings

Silvertowne has received plentiful positive reviews and ratings from customers, citing fast service, excellent pricing, a wide selection of products, and outstanding customer service. Customers are impressed with the low prices and quick shipping. They also appreciate the YouTube/podcast content produced by the company. However, some customers claim that the company can be slow to respond to inquiries and often run out of stock. Currently, the company has a rating of 3/5.

What Depository Services Does Silvertowne Provide?

Silvertowne provides international depository services through Delaware Depository Services, LLC, and has preferred depositories for its IRA clients. The company offers in-house IRA setup services, low fees, reasonable markups, and fast shipping times. It is important to note that businesses cannot pay to alter or remove their ratings and reviews, making trust the top concern for customers.

 

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