Northwest Territorial Mint Review
As a gold IRA investor, you have to pick up an investigative role before you hand over your hard-earned cash to a gold broker. Failure to that you might lose your many years’ of saving. Northwest Territorial Mint is one of the gold companies on many investors’ radar. By reading this review you’ll find out whether they are a trustable IRA gold company.
About Northwest Territorial Mint
This company works as a private mint and bullion dealer. They design, manufacture, and distribute coins, medallions, knives, and other minted products. Because of the in-house minting capabilities, Northwest Territorial has managed to amass customers from corporations to government institutions and individual investors around the world,
The company can be traced back to 1984, started by Ross Hansen. According to the company’s listing on Better Business Bureau, Ross Hansen is still the managing member. His experience in minting and gold dealing spans 30 years. His journey in the industry started n 1981 when he established Auburn Precious Metals.
One could trust the expertise of the company, therefore, given the experience of its leadership. The company has previously worked with Lantos Foundation for Human Rights, Discovery Channel, Boy Scouts of America and Justice and I Am East St. Louis – The Magazine, among others.
Northwest Territorial Mint has offices in Federal Way, Washington. The minting facility sits on a 118,000 square foot estate. The company also focuses on the trading of silver, gold and palladium bullions that are popular in the market.
Northwest Territorial Mint is a supplier of police and fire department coins, military challenge coins, municipal and government custom coins among others. These coins are used in event commemorations and awarding champions in various fields. You can work with the company for custom merit ward coins, retirement gifts, and general souvenirs.
Northwest Territorial Mint engages in the online purchase of commemoratives, military coins, and unique occasion coins. That’s dovetailed with their dealings in IRA investment precious metals, including;
The company trades in American Gold Eagle coins and American Silver Eagle coins among others.
For the storage of IRA precious metals that you buy with them, Northwest Territorial Mint will refer you to GoldStar Trust Company. The latter has its own fee structure for storage of your precious metals and clients pay these costs separately.
GoldStar’s annual storage pricing runs on a model that might not be the most affordable for investors. Many storage companies will store your precious metals at a flat rate fee regardless, despite the value of your assets in the accounts.
The Northwest Territorial Mint website
The Custom Minting tab of their website provides sufficient information on the different aspects of minting. Here is where you will get to learn on how to use custom minted coins to promote your business and recognizes achievements among other purposes. As a gold IRA investor, this information might not be of priority to you.
The Bullion Catalog page of their site lists their precious metal offerings. This is the place that a gold IRA investor might find interesting. There are silver, gold, palladium, and platinum products together with directions on how to buy.
Buying/Selling Bullion: This section of the website has in an in-depth guide on how to buy and sell precious metals with Northwest Territorial Mint. Here is where you will find details on price, terms of sale, and a dedicated FAQ section.
The About US page of the company’s website details their beginnings, their operations, and contact information. As stated on the site, their walking-in showroom is currently closed. However, customers can trade online.
Northwest Territorial Mint assures customers of a seamless experience when you shop or trade with them. Supposedly, their customer service team strives for excellence. The company asserts that its organization is knowledgeable and experienced in client relations and precious metals investment.
Northwest Territorial Mint Ratings on Consumer Review Sites
Northwest Territorial Mint is listed on various business review sites. On the Better Business Bureau, it has a rating of B and 402 criticisms. On Business Consumer Alliance, it has an overall rating of B and one complaint. On Google+, the company has 3.1 stars out of 5. There are no reviews about the company on TrustLink.
The complaints against this company mostly have to do with issues of delayed delivery and refunds. There are also some sales and advertising issues. On positive reviews, clients appreciate the company’s customer service and the disclaimers they provide before you trade with them.
Conclusion: Is Northwest Territorial Mint a legit gold company?
Yes, it appears so. Even though most of the company’s services and products fall within custom minting and medallions, they also deal in IRA precious metals such as gold, silver, and palladium. The company has also been in the business for long. Their management team is vastly experienced in precious metals trading. Nevertheless, it wouldn’t hurt to talk to a few people that have invested with them first before you make your decision.
- Address: 80 East Airpark Vista Blvd, Dayton, NV 89403
- Phone: 800-843-9854
- Website: www.nwtmint.com
- Great experience in the trading of precious metal and minting coins
- Good amount of information on its website for investors
- Many years in business
- Ratings on consumer reviews sites such as BBB are below average
- Limited and costly storage options for precious metals
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This review was updated on Tuesday, July 1, 2020
- 0.1 About Northwest Territorial Mint
- 0.2 Custom Minting
- 0.3 Precious Metals
- 0.4 Storage
- 0.5 The Northwest Territorial Mint website
- 0.6 Customer Service
- 1 Northwest Territorial Mint Ratings on Consumer Review Sites
- Rated 2.5 stars
- Northwest Territorial Mint
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