Westminster Mint Review: Coin-rare.com Deep Dive

Westminster Mint has offices in Minneapolis, MN and Madison, WI, but it also sells via the web at coin-rare.com. The website is not the most visually appealing, but Westminster’s business record speaks for itself: it has an A+ rating from the Better Business Bureau. Additionally, although it doesn’t have a great design, the rare-coin.com website does have a lot of content, including a pictorial breakdown of how Westminster Mint makes its fine silver bars.

Westminster Mint sells some gold products, but its selection is not that great. It has random-year Krugerrands, Canadian Maple Leafs, Austrian Philharmonics, and Chinese Pandas; 2011 Gold Buffalos; 2010 American Gold Eagles; and a couple of gold-bar products. Its prices are a little high, though: its 2010 Gold Eagles were selling at $180 above spot. Westminster’s silver selection is much greater, with twenty-one coin products and sixty-two silver bullion (including rounds) options. Here, Westminster’s prices look better, as it is selling 2012 Silver Maple Leafs for $0.28 less than APMEX. Coin-Rare.com also has a copper section, where Westminster Mint sells copper rounds at $1.50 apiece, or in 500-round monster boxes for $750.

Customer Reviews

Well, I had to start my first post somewhere. I have been in silver since 1990 but hadn’t really added anything to it until last June. I’ve ordered from Westminster 5 times now and have another order on the way. I have purchased American Eagles as well as the half ounce American Eagle rounds. I’ve also ordered Morgan and Peace dollars and some other generic half ounce rounds. All my orders have been placed and the cards charged without problem and I’ve alway got my shipment within a week of placing the order. Shipping is reasonable and the premium seems to be within line of other major dealers. No complaints and haven’t observed any problems with them. From what I’ve seen on their web site if something is out of stock it’s clearly stated so in order to minimize delays.Arion

I just bought a few rolls of Kooks and got what I ordered. Delivery was very slow, and they took the full 10 business days hold on the check. Took almost four weeks from start to finish. I won’t complain though, because that is stated in there terms and I got what I ordered.Chester

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