Customers praise SilverTowne’s knowledgeable staff and the quality of its products. The company holds an A+ rating from the Better Business Bureau and has mostly positive reviews on various sites including Facebook, Yelp and Google. SilverTowne is a highly well-regarded dealer and its mint products have received much acclaim from collectors and investors as well. SilverTowne’s other businesses, the coin shop and retail website, continue to operate as wholly owned enterprises. At the same time, the mint entered into an arrangement with Asahi Holdings to be its exclusive source of silver feedstock for minting bullion. In 2016, A-Mark Precious Metals acquired a majority stake in SilverTowne Mint. Today, the mint produces hundred of thousands of ounces of fine silver bullion each month. In 1973, the company launched SilverTowne Mint. In the early 1970s, SilverTowne recognized an opportunity to mint its own proprietary bullion products, as few companies were doing so at the time. The rural coin shop eventually would go on to become a thriving multi-million dollar business. SilverTowne was founded in 1949 in Winchester, Indiana by Leon Hendrickson and his wife Ruhama. The mint is also a leading manufacturer of Challenge Coins for military, fire and police organizations. The sovereign mint makes an assortment of its own silver bars and rounds, as well as custom themed silver bullion for corporate gifts and other organizations.
The company also produces its own silver bars and rounds under the name SilverTowne Mint. The company operates an e-commerce website selling IRA-approved gold, silver and platinum bullion, United States and international coins, and other gifts. SilverTowne started out in 1949 as a coin shop in rural Indiana, to grow into one of the leading precious metals and numismatics sellers in the nation.
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