Are you considering precious metals as a safe way to save for the future or retirement? Let’s look at Scottsdale Mint review to find out if it’s a good choice.
Scottsdale Mint is not just your average gold seller; it offers a variety of silver items and special coins designed for investors who want more from their investments.
To get the benefits of investing in precious metals, it’s important to pick a reliable company.
This is where I’ll take a closer look at Scottsdale Mint to help investors determine whether it’s the right partner to help them diversify their investment portfolios and build a more secure financial future.
STOP! Before I go any further, I want you to think carefully about where you’re putting your money. Picking the right company to invest with is a big deal, and I know my advice might help you decide that.
I’ve spent much time looking around and compiled a list of my favorite gold IRA companies. I think you’ll probably find one that’s just right for you.
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What is Scottsdale Mint?
Scottsdale Mint was created in 2008 by Josh Phair. It’s a big name in the world of precious metals, making and selling high-quality products like gold and silver to people, banks, and countries all over the globe. It’s known for doing an excellent job and developing new ideas.
This Mint is famous for making coins and bars out of gold and silver, combining art, the latest technology, and expert-making skills learned over many years.
They work out of Scottsdale, Arizona, and Casper, Wyoming, making special items for a wide range of customers, from big banks and companies to smaller businesses in over 40 countries on six continents.
Scottsdale Mint also makes official money and coins for more than 20 countries. They work with big names like TD Bank and the governments of the Cayman Islands, Eastern Caribbean, Fiji, and Samoa, to name a few. This shows they are trusted and respected worldwide for their work with precious metals.
Josh Phair: Founder
Josh Phair runs Scottsdale Mint, leading its international business in the precious metals market. He started the company and played a big role in 2011 by adding a major part of another company, Materion Corporation, to Scottsdale Mint.
This made Scottsdale Mint a big name in the US for making precious metal products. The company is known worldwide for its unique gold and silver products and safe packaging, serving top companies and banks worldwide.
Before starting this company, Josh worked in insurance, focusing on risks in mining and other industries. He studied Business Risk Management and Insurance and advises Monarch Wallet.
Andrew Martineau: Chief Operating Officer
Andrew Martineau has spent ten years working with precious metals, bringing his knowledge from top roles at APMEX and Sunshine Minting.
Andrew leads projects to introduce new products and improve the company’s performance. His work helps Scottsdale Mint continue offering quality products and services.
David McMaster: Chief Legal Counsel
David McMaster has helped Scottsdale Mint grow by entering new markets and working with central banks in many countries.
He was a lawyer and had had previously worked at the White House and for the US government. David can practice law in several places in the US and knows a lot about precious metals law.
Eric Highsmith: Vice President Business Development
Eric Highsmith joined Scottsdale Mint in 2010 and works on making partnerships with big companies and banks worldwide.
He focuses on building strong relationships with these partners. Before working here, Eric led telecom and financial services sales teams, giving him a solid background in growing business relationships.
What Products Does Scottsdale Mint Offer?
Scottsdale Mint offers a wide range of products, from pure bullion to intricately designed coins. Below, I’ll explore the different types of products available through Scottsdale Mint.
Silver
At Scottsdale Mint, many types of silver bars and coins are available, including 1 oz, 2 oz, and 5 oz options, which are popular among those who invest in silver regularly.
At Scottsdale Mint, there’s always a selection of new and popular silver coins available. For example, the 2024 President Donald Trump 1 oz Silver Round costs $36.34, and the 5 oz version is $188.68.
There are also 2024 Lady Justice coins—the antique version is $41.74, and the regular version is $37.74. The Scottsdale Reserve series offers a 1 oz silver round for about $33.74.
Scottsdale Mint offers several choices for those interested in silver bars. The Scottsdale XV, a 15 oz silver bar, is on sale for $455.02, down from $473.03.
The Archangel Michael 1 oz Silver Bar costs $34.74. Smaller options, like the 5 Gram Silver Bar for $9.89 and the 1 Gram Silver Bar for $3.19, make it easier for more people to invest in silver.
Scottsdale Mint offers silver in many sizes, from small 5-gram pieces to large 1-kilo bars. The most common size is 1 oz, but buying many small pieces can also be a good strategy. Since silver is cheaper than other metals like gold, it’s an appealing choice for more investors.
Gold
Scottsdale Mint offers a variety of gold sizes, from a small 1 gram to a large 1 kilo. The most commonly purchased size is the troy ounce, which is comfortable for many investors’ budgets.
Scottsdale Mint offers a range of interesting gold items. For example, the 2023 Barbados Trident includes a 1/10 oz Gold Coin costing $288.12 and a 1 oz version priced at $2,496.11. Prices change a bit based on the year of the coin, like the 2018 1 oz Gold Coin priced at $2,521.11.
Distinctive items like the 2022 Cameroon Mandrill 1 oz Gold Proof Coin cost $2,831.11, while a smaller 1/10th oz 2022 Cameroon Cheetah Gold Coin costs $273.12.
Scottsdale also sells bars, like the 1 oz Gold Lion Cast Bar for $2,490.87, a tiny 1/100th oz Gold Bar at $36.31, and the Prepper 1 Gram Gold Bar for $87.16.
Bigger gold bars like the 100g Gold Bar are sold for $7,977.00, and the unique 2024 Lucky Dragon 8.88 oz Cast Gold Bar goes for $22,653.81.
The prices typically range around $2,500 to $2,700 for a 1 oz gold coin, making it clear that both are more and less expensive options available for different budgets.
Government Legal Tender Coins
Scottsdale Mint has a big collection of special coins made by different governments. You can find many types of coins here, like ones made of different metals from various countries and years.
They have coins from countries such as Australia, Barbados, and Cameroon. One interesting set of coins is the Barbados Trident, available in silver and gold.
The 2023 silver coin is cheaper now at $31.78, down from $33.78. The gold coins come in small (1/10 oz) and big (1 oz) sizes, costing $288.19 and $2,496.90, respectively.
The price for 1 oz gold coins from past years ranges from about $2,506.90 to $2,521.90. A special gold coin from Cameroon, the 2022 Mandrill, is also available, priced at $2,831.90.
Accessories Capsules and Tubes
At Scottsdale Mint, you can find a great selection of products to keep your coins safe and display them beautifully.
There are accessories like the Lucky Dragon Custom Display Case for $39.99 and a red box with a black symbol that adds elegance to your collection.
For more elaborate storage, they offer Scottsdale Bullion Boxes in Dark Walnut and Aged Plum, each costing $149.99. These boxes are solid and stylish, perfect for keeping coins secure and visible.
If you’re looking for something simpler, Scottsdale Silk Gift Bags are available in large ($1.99) and small ($1.59) sizes. They provide a soft and classy way to store or gift coins.
They also sell different sizes of coin capsules for around $1.75 to $2.29. These are designed to fit coins perfectly, protecting them from damage while showing off nicely.
4th of July silver
Scottsdale Mint proudly presents its exclusive 4th of July silver collection, perfect for celebrating American spirit and heritage.
Dive into their beautifully crafted silver bars and rounds, each designed to reflect the themes of freedom and American history.
From their vivid ‘Merica Eagle to the iconic America Crossing the Delaware, these collector’s items are a great addition to any collection or a thoughtful gift at just $41.75 each.
Alpha Strike
Scottsdale Mint also offers a special Alpha Strike collection for unique and rare coins. These pieces are among the first ones made and are rare, making up only 5% of all the mint’s products.
Collectors love these items because they’re hard to find and show off their keenness to get the earliest pieces.
Each one comes with a special card that proves it’s real and very special. But you have to be quick! These coins sell out super fast. Grab cool coins like the 2024 Cayman Islands Loggerhead Turtle and Stingray.
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What Services Does Scottsdale Mint Offer?
Scottsdale Mint is known for its high-quality services and focus on customer satisfaction in the precious metals market.
They provide various services for people who collect, invest, or work with precious metals, ensuring that everyone gets what they need with great care and knowledge.
Here’s a look at some of the main services Scottsdale Mint offers:
1. Buyback Program
Selling your items to Scottsdale Mint is simple! They ask you to fill out an online form to receive a quote. They continuously welcome items from Scottsdale Mint and other popular items year-round.
All prices given on their website are estimations. The final offer may vary based on the type, weight, purity, and condition of the item.
2. Vault Storage
Scottsdale Mint prioritizes security and clarity in their storage solutions for your precious metals. They offer various storage plans tailored to individual needs.
They are leaders in creating and providing products and give clients direct, secure storage options, ensuring the safety of precious metals locally and internationally.
The Wyoming Reserve provides top-tier security vault facilities right next to Scottsdale Mint in Casper, Wyoming, serving both US and global clients holding precious metals.
They offer a range of vaulting services, from a local Wyoming vault to international locations. They assist in managing your metals, whether in an IRA, at home, or in a bank safety deposit box.
3. Custom Minting
Boost your brand or mark special events with their custom minting services. Their Custom Minting service lets you create your own designs for coins or medals.
They turn your ideas into high-quality, long-lasting metal keepsakes. Just submit your design idea through their online form, and they’ll work with you to make it a real, tangible product.
4. Become a Dealer
Interested in selling their products? Check out their dealer page to see how you can join their network. Join them and start providing top-quality bullion to your clients!
Fill out their contact form, and their Wholesale Team will get in touch shortly! Locate a local dealer that offers your favorite Scottsdale Mint items. Use their Dealer Locator to find the nearest shop.
They have a vast network across North America, Europe, Asia, Australia, Africa, and South America. This network connects you to numerous dealers, allowing for easy local pickups.
To partner with them as a dealer, you should be running a bullion retail business with a track record of good service.
What are Their Coins for Charity?
Coins for Charity is a special program by Scottsdale Mint that takes the money from selling gold and silver coins and gives it to good causes that help people.
They started this program in 2015 and have helped raise more than $328,000 for charities. They release special coins like the ‘Jesus Collection’ and the ‘Biblical Series,’ where part of the coin’s price goes to help others.
The charity started working with Global Fingerprints in 2019 to help children with special needs in Congo. They built schools, got clean water, and safer ways to get around.
In 2023, they teamed up with Chances for Children (C4C) to help families and communities in Haiti by providing things like food, medical care, and schools.
Coins for Charity help different groups. They help pregnant women through hard times, fight against violence and trafficking with the International Justice Mission, and care for kids in Congo with Global Fingerprints.
Scottsdale Mint’s International Shipping
Scottsdale Mint sends Gold and Silver to a lot of places, including Europe, the Pacific, the Mediterranean, the USA, and Canada.
They deliver to countries like the UK, Australia, and many others. They also plan to increase the list of countries they serve.
You can pay with US Dollars via bank transfer or PayPal, and they accept cryptocurrencies like Bitcoin and a few others. They explain how to pay with crypto on their site.
When you’re ready to finish your purchase, the website will show you how much shipping costs. You can choose different options to find a price that works for you.
If you spend more than $199, you get free shipping. For orders less than $199, there is an $8 shipping fee for standard shipping using USPS.
Customer Reviews and Ratings for Scottsdale Mint
Scottsdale Mint is getting lots of praise for its products and services, as seen in customer reviews and ratings on different websites. These reviews show that people really like what they offer and are happy with how they’re treated.
Let’s take a quick look at the feedback from Trustpilot, the Better Business Bureau (BBB), and their Facebook page.
- On Trustpilot, Scottsdale Mint is doing great, with a score of 4.6 out of 5 from 228 reviews. This high rating shows that customers are very satisfied with their purchases and the service they receive, highlighting the company’s focus on keeping customers happy.
- The BBB gives Scottsdale Mint an A- rating and an impressive score of 4.87 out of 5 from 180 reviews. This shows that the mint is doing a really good job in how it runs its business and looks after its customers, making it a trustworthy company.
- On their Facebook page, Scottsdale Mint has an 88% recommendation rate from 105 reviews, showing that a lot of people on social media also think highly of them. This good image online indicates that Scottsdale Mint is a reliable and well-liked company among its customers.
Scottsdale Mint is highly praised for its wide range of coins. Customers love the high quality, attractive designs and the special appeal for those who collect or invest in coins.
Many are happy with unique items like the Leopard 2023 and Lion design coins, and they value the quick shipping, well-protected packaging, and good prices.
People enjoy choosing “choice coins” and are pleased with what they get. Yet, one customer had a bad experience when their order didn’t match the description, and they struggled to contact customer service.
This situation has led to some concerns about how easy it is to communicate with the company and get issues resolved.
Pros and Cons of Scottsdale Mint
Scottsdale Mint is known for making really good products, but it also has some downsides. Let’s look at the pros and cons so you can see if the Scottsdale mint is right for you.
Pros:
- Lots of Different Metals to Choose From: There’s a big variety of things to buy at Scottsdale Mint, which many people like.
- Really Well-Made Stuff: The things they make are beautiful and last a long time, which makes customers happy.
- They Care About Details: Every item is carefully made, which makes Scottsdale Mint’s stuff special.
- People Say Good Things and You Might Not Pay for Shipping: Many people have said nice things about the mint online, and sometimes you don’t have to pay for shipping, which is great.
- New Ways to Pay and They’ll Buy it Back: You can use digital money to buy, and the mint will buy items back from you, which is handy and builds trust.
Cons:
- Costs and Getting the Products: The prices can be high, and Scottsdale Mint doesn’t ship to every country. Not having a real store and not telling you how much they charge to keep your metals safe could be a problem for some.
- Not Everything Always in Stock and Sometimes Slow to Ship: They have a lot of different items, but not all types are always available. Plus, sometimes it takes a while for the items to get to the customers.
Think about what’s important to you and how you plan to use or invest in precious metals when deciding if Scottsdale Mint is the right choice for buying these items.
Is Scottsdale Mint a Reputable Company?
Scottsdale Mint is a trusted company selling high-quality gold and silver. They are also known for caring about the environment.
If you’re thinking about buying precious metals, Scottsdale Mint is a good choice. But, it’s always smart to look into things yourself to make sure they fit what you’re looking for.
Frequently Asked Questions
Q1. Who owns Scottsdale Mint?
Scottsdale Mint is a privately-owned US company renowned for its precious metals. It was founded by Josh Phair.
Q2. Does Scottsdale Mint charge tax?
Scottsdale Mint follows tax regulations applicable to precious metals. In the USA, purchases of certain precious metals above specific quantities may be tax-exempt, but local tax laws will ultimately determine whether taxes are applicable on smaller purchases.
Q3. Where are Scottsdale Mint silver bars made?
Silver bars from Scottsdale Mint are manufactured at their headquarters in Scottsdale, Arizona, USA. They use domestically sourced materials to produce a wide range of silver products, known for their high quality and purity.
Q4. Is Scottsdale Mint silver good?
Scottsdale Mint is highly regarded for the quality of its silver. Their products often exceed market standards for purity, making them sought after by investors and collectors alike. They provide a reliable investment with their consistently high-quality silver products.
Q5. Where is Scottsdale Mint located?
Scottsdale Mint is located in Scottsdale, Arizona, USA.
Conclusion
In summary, Scottsdale Mint is well-known for its high-quality gold and silver items and great customer care. It makes special, good-looking coins and bars and is known for being safe and trustworthy.
People who buy precious metals, whether they are new to it or have been doing it for a while, really like Scottsdale Mint.
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