Northwest Territorial Mint
Before you buy gold or buy silver from the northwest territorial mint, it is a good idea to read this write up and find out who and what the northwest territorial mint actually are and how safe they are.Northwest Territorial Mint Delivery Times
We note that there have been issues recently regarding delivery times from Northwest Territorial Mint according to some feedback we have received. Some people are telling us they have been experiencing long delays in receiving their coins from Northwest Territorial Mint we suggest this should be kept in mind if you place orders with Northwest Territorial Mint.
Who are the Northwest Territorial Mint
Headquartered in Auburn, Washington, the Northwest Territorial Mint was established in 1984 by one Ross Hansen. Hansen describes himself as a one time rapid high tech investor turned gold bug when he realized that the demand for gold is outstripping the supply and the banks were selling their gold supply to cover the demand.
The Northwest Territorial Mint, as well as supplying gold and silver bullion also designs and creates die-struck coins, medallions, knives, and related products of high quality and craftsmanship for individuals, private clubs and groups, businesses, and government entities around the world, including branches of America's armed forces.
All the northwest mint products are presented as unique awards, bestowed as prestigious gifts, and as one-of-a-kind keepsakes and souvenirs.
Grown from a small company of just a handful of employees, the northwest Mint is now a 42,000 square foot giant with full manufacturing, die cutting and refining processes and includes more than 80 minting technicians and production experts, 6 full-time artists, 11 die-cutters and sculptors, 10 full-time sales associates and 4 customer service representatives
Northwest Territorial Mint Customer Service
The Northwest Territorial Mint(NWT) states that they have a comprehensive network of resources enabling them to manage quick turn around times in manufacturing and meet client deadlines. The NWT claim to be one of the largest private full-service mints in the US with a reputation for consistent quality and unmatched customer service.
The NWT state their shipping policy is to ship orders promptly. However, reductions in inventory resulting from an increased demand for certain bullion products may delay the shipping process up to 30 days after your payment has cleared. From this we can infer they do not keep a large stock of bullion but buy and manufacture possibly to order.
They provide information about gold and silver, history and uses and so forth. Also an Investor Guide which one has to apply for.
Buy Gold from Northwest Mint
The NWT bullion desk has an extensive range of gold and silver products. These include the standard gold coins you find from many other mints and dealers, such as:
American Eagle GoldNorthwest Territorial Mint also sells a variety of gold bars including trusted brands such as PAMP (Produits Artistiques de Métaux Précieux) and Credit Suisse, as well as products hallmarked by the Royal Canadian Mint. These are offered at a lower premium over the spot price than gold bullion coins.
American Buffalo Gold
British Sovereigns
Canadian Maple Leaf Gold
Pre-1933 US Coins
Vienna Philharmonic
South African Krugerrand
The minimum purchase in gold bars is 5 ounces however. You can go to their online store however and buy PAMP one ounce gold bars with a higher mark up than the 'just above spot' five ounce gold bars. Although the advertise this it later says on the site that, "Actual delivered product may be either the Swiss PAMP, Credit Suisse, or JM bar." So this is evidently dependent upon stock availability at the time of the order.
NWT mint also sell silver of course and do a range of silver coins as well as silver bars and even 40 percent silver bags and 90 percent silver bags.
With the 40 percent silver half dollar bags you pay $0.20 per ounce under spot for bags of silver 1965-1970 Kennedy half-dollars. Each bag contains around 295 ounces of silver.
There are also the 90 percent silver bags sometimes available.
The full range of silver products is as follows:
Pan American BullionThe silver bars are Pan American bars with a clean finish and a low over spot premium.
NWT Mint Bullion, such as silver rounds and silver bars.
American Eagle Silver
Canadian Maple Leaf Silver
40% Silver Bags
90% Silver Bags
Morgan Dollars
Peace & Morgan Dollars
100 Ounce Silver Bars
1000 Ounce Silver Bars
Northwest Mint Payment Options
The NWT require that you sign up for an account before you can buy gold from them. You can order any products from them as an account holder. The price of the gold is established prior to purchase by phone only, due to the varying price of gold in the market, and this is then 'fixed' at the time of the order.
The NWT then expect funds to be issued to pay for the purchase prior to shipping with all checks postmarked within 48 hours of placing the order. Payment by checks are held for 10 days before shipping, wire transfers which are considered good by the following day, cashiers checks and money orders both of which are held for five days. The NWT do not accept credit cards.
The Northwest Territorial Mint also applies a shipping, handling, and insurance charge to all gold orders from the online store. This is $10 for orders totaling less than $250 and $20 for orders totaling $250 or over. Higher charges are applied to international deliveries.
As the NWT are in Washington State they are not required to collect any sales tax on any orders, a good news for those where sales tax is an issue.
The above payment options apply to all the following:
NWT bullion pricesSell Gold to Northwest Mint
gold prices
silver prices
gold price
silver price
gold coin prices
You can sell gold or silver to the Northwest Mint and they will pay a reasonable price, under spot of course.
If you live in the Seattle area you can drive to their facility and sell on the spot without any appointment. Otherwise you will have to ship the gold or silver and you will then be responsible for shipping and insurance costs.
On selling to the northwest territorial mint, they state:
"We are always looking for new inventory and do accept trade-ins. You may sell some of your assets purchased at higher levels to realize a capital loss and then purchase a similar product, but different enough to avoid the IRS wash sale rule. This allows you to keep your position and realize a capital loss at the same time."
Of course, it is recommended you always consult with your own financial adviser prior to making any transaction in gold or silver.
Again to sell to the NWT you should ring first and lock in your price before shipment.
It is well to keep in mind also that if you lock in a price and then change your mind or do not ship the gold or silver and there is a subsequent price difference in your favor you will be expected by the mint to make up their short fall. This comes under their Purchase Order Cancellation Policy.
An example of why it is always vital to read all the conditions and terms of agreement with any company buying and selling gold through the internet regardless of who you deal with.
In any transaction with the Northwest Mint you will receive a transaction number which you should retain and be able to quote anytime needed.
Northwest Mint Security
Northwest Mint state that they keep all transactions confidential, and do not report to any 3rd parties, except to satisfy government cash reporting requirements for dealers under federal regulations.
They also have a GSA contract (# GS-07F-0260L) and are a preferred supplier to the government, primarily of medals, medallions and other decorations.
GSA stands for Goods and Services Administration and basically means that that supplier has a contract to deliver good or services to the government.
The NWT have been a preferred GSA provider since 1981.
The Last Word on Northwest Mint
www.nwtmintbullion.com give, on their contact page, phone numbers, postal and actual address and even a Google map to find it in Auburn WA, USA.
If you have bought gold or silver or any other precious metal from nwtmintbullion.com please feel free to leave your feedback on the quality of service and products including any Northwest Territorial Mint complaints.









