Since I'm at home 24/7 I have time to research all different bullion's dealers,coin dealers,eBay and several private mints. Yesterday I was inquiring about Golden State Mint (goldenstatemint.com) that's been in business for 30+yrs and mints there own silver bullion rounds and bars.They do sell to the public but there is a minimum order of 100 oz's. I just spoke with Andrew@GoldenStateMint.com (909) 792-5756 office. His father Jim opened the mint in 1974 and now Andrew runs the daily operations. Andrew told me in an email that this is changing very shortly with the addition of an online store.It should be up and running within the month that will make it possible to buy any amount of silver rounds or bars. Recently there price for rounds was spot+$.65 Hope this helps. I also found out that they will take your 1000 oz COMEX bars and turn them into 1oz rounds and no cash has to be exchanged they will use a certain amount of silver for payment. Randy
Interesting. Thanks for sharing. From their site they show an example of the coin below. I bought one of these ages ago when I wanted a real gold version but didn't have the ability to buy gold then. Can anyone confirm if the silver Indian art round copy of the classic design is produced by Golden State Mint?
They were the first one's to make them I am positive that this is there coin because they also make fractional Indians that I have in 1/2-1/4 and 1/10 of an ounce that has the mints name except on the 1oz.They started in 1982 minting them. Take care Randy
Thanks Randy. The only difference is that mine has no date and Golden State Mint has "1929" on the obverse under the portrait. I've owned mine for about 20 years so I was very curious to see this one on their site, looks very similar overall. I also wonder if they put any of their company's own ID on the edge of the coin or not? That is another question I have about their repro art rounds. It's always good to know the source/quality of the precious metal for ease of future trading.
You might be right, but if dan pays 20% of his thousand ounces for seignorage (sp?), and joe pays 10% all other things being equal if dan finds out joe got that much better of a deal dan probably will not tout those services, I can understand tho if spot is 20 when joe had his bullion coined, and it was 10 when dan had it done, that would make sense, but if they both used it when spot was 20 dan will rightfully feel that company did not treat him fairly, and will probably give that company negative publicity.
I still do not have a ballpark estimate of what something like that may cost, it might be a nice advertising thing for coin dealers or other businesses.
