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 Replies: 17 / Views: 3,561 |
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Pillar of the Community
United States
1026 Posts |
Did anyone ever hear of this place Northwest Territorial Mint my brother in law purchased a 1000 ounce silver bar from them two months ago and he still has not received it.
Anyone know if this place is reputable
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Pillar of the Community
United States
1130 Posts |
They are completely legit. I've bought silver from them. They actually melt and make their own private label silver bars and rounds, plus they mint coins and commemoratives for private and foreign entities. They are about 20 miles from here.
Give them a call, I'm sure it's just an oversight.
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Pillar of the Community
 United States
1026 Posts |
He has called they never return his calls he just gets an answering machine.
They have answered his emails and say they are busy and his order will be shipped they are busy.
It has been over two months no coin they cashed his check for $10,000 over two months ago and no coin to date.
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Pillar of the Community
United States
1026 Posts |
Anyone else ever hear of this place?
I would be worried after two months also if it were my $10.000 dollars.
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Pillar of the Community
 United States
5953 Posts |
I have a 10oz bar from them but it was not bought direct.
I have heard there is a shortage of larger silver bars and some companies are over three months behind filling orders. I you want I can try to find the article in my pile of paperwork and see if they were on the list.
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Pillar of the Community
United States
1026 Posts |
Thanks for your replies I will pass this info onto my brother in law thanks again.
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Valued Member
United States
178 Posts |
I have heard of this place, don't worry the wait averages about 3 or 4 months.
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Pillar of the Community
United States
1130 Posts |
I know there is a shortage of ASEs. There is a 3 month wait for those right now.
1000 oz ... wow, that's a BRICK !
Personally, I would have gotten 10 100 oz bars. You can sell a partial when prices are right. Also, 1000 oz bars are subject to be assayed, to make sure the haven't been drilled out and filled with other cheaper metals.
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Pillar of the Community
United States
1026 Posts |
I was talking to my brother in law he said he did locate legal action being taken against this place by the Washington State Attorney General for late shipments.
He just told me he did order 10ea 100 ounce bars.
He also said he called this place stating he wanted to sell some silver and someone came on line right away. He then spoke to the owner who said his order will ship out today yet or tomorrow he promised so we will see he lives in PA I guess this Company is in Washington State. I will be in Washington State probably around the end of May will see if I am near this mint.
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Valued Member
United States
76 Posts |
I have purchased several of their rounds. Read an article the other day where-in the author said that none of his regular dealers had any silver to sell him. Interesting.
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Pillar of the Community
United States
2373 Posts |
Brucec,,,,I have bought from NWTM on numerous occasions. It takes about two months on the long end before the transaction is completed, but I have always been satisfied with my purchase. nlp
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Pillar of the Community
United States
5318 Posts |
"my brother in law purchased a 1000 ounce silver bar from them two months ago" I hope his price was locked in at spot for that day!  |
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Pillar of the Community
United States
1130 Posts |
The NW mint is in Auburn, WA. It's about 15 min from the airport.
Check if they are giving tours at the mint that day. They'll show you the whole proccess from melting silver to finished coins in the facility.
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Pillar of the Community
United States
1934 Posts |
Call me silly; but, would I wait months for purchased precious metals? Nope. I bought it now; I want it now; while it's worth what I paid for it, now.
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Pillar of the Community
United States
6326 Posts |
Once your order is logged in.....and it takes 3-4 months to receive it........do they "raise the price" on you during that "wait period" ?......Is that what the "legal action" was all about with the "late shipments" catching rising silver prices? Just curious..  Edited by eaglefoot
04/16/2008 09:21 am
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Member
United States
3242 Posts |
I would be on the phone and calling the BBB for some help and the Feds I sure theres a department that will help find your bullion!
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Replies: 17 / Views: 3,561 |
Posted 04/15/2008 5:59 pm
