Generic vs Minted

Who Produces Minted Coins
United States Mint, Royal Canadian, Austrian, Australian – Perth, South African

What Major Coins are produced by Mints
American Eagles, American Buffalo, Maple Leaf, Philharmonic, Krugerrands

Are Minted Coins Legal Tender?
Yes – Coins that are produced by mints are considered legal tender. This is one of the main reasons that they have a higher premium than generic coin products.

Generic Refineries
Johnson Matthey (JM), Englehard, Pamp, Credit Suisse, NTR, Sunshine. These are just a few of the refineries around the united states and world that produce coins and bullion products.

Some Advantages of Minted vs Generic Products

Popularity – Minted products are much more popular in the market place. Customers around the world will recognize minted coins.

Re-Sale – Traditionally, coins or bars produced by mints will have a higher resale price. The initial premium for the legal tender coins creates a higher value than the generic coin. Even though they are the same troy ounces, the minted coins will return a higher value.

Packaging – Most minted products will come in a mint tube, plastic and in larger bulk purchases sealed boxes.

Some Disadvantages of Minted vs Generic Products

Cost & Premiums – All Minted coins are produced by a large manufacture mint creating extra costs for the product to be made. This is reason that the premiums for Silver American Eagles is higher than the cost for silver buffalo rounds. Each mint establishes there own premium or manufacturing cost for the coins.

Re-Sale – Minted coins on there resale value usually are in the small percentage or value above spot. The spot prices have to move the initial purchase price value above spot to create a profit on the coin or bar.  Generic rounds will always be purchased at spot or +/- a very small amount around spot. At the end of the day the metal can always be melted down to the troy ounces of weight and sold for spot.

All information and views are only opinions from DBS Coins, Please give us a call at  888-327-9205 ext 101.

RSS Bullion News

  • Bitcoin Price, Regulations Made Payments Race Tougher for Amélie Arras in Asia March 17, 2018
    Winners were announced at a ceremony on Thursday, and placed as follows: #1 mobile payments; #2 cards; #3 cash; #4 bitcoin; and #5 gold bullion. Unlike the North American race, cards weren't divided into chip & PIN and swipe categories… since almost no-one outside the U.S. actually uses ...
  • Gold prices dip for yet another week March 17, 2018
    The slide in gold prices continued unabated for yet another week and recorded a further fall of Rs 160 in its prices to close at Rs 31,290 per ten grams at the bullion market, tracking a weak trend overseas amid tepid demand from local jewellers. Silver followed suit and ended lower due to reduced ...
  • Festival, discounts fail to add glitter to gold March 17, 2018
    Mumbai/Bengaluru: Weaker demand in India prompted gold dealers to offer discounts for a second week straight, as a drop in local prices to 2-week ... Meanwhile, demand in Japan was helped by a weaker US dollar, which made bullion cheaper in the local currency, prompting a premium of 50 to 75 ...

Website Payment Limits & Options

Paypal & Credit Card: $15,000.00

Visa, MasterCard, American Express

Check: $30,000.00

Bank Wire: $80,000.00

Please Call 888-327-9205 to order over 80,000+

Free Shipping on All Orders

UPS: Next Day Air / Saver & Ground

FedEx: Next Day Air / Saver & Ground

USPS: Priority, First Class & Registered

Shipping Time: Orders usually ship in 1 -2 business days after cleared funds

Mailing Address

32932 Pacific Coast Hwy., #14-234
Dana Point, CA 92629

M-F 6am-5pm PST , S-S 10am-3pm PST

Newsletter Sign-up

Current pricing as of 11:07am PDT Mar. 17th, 2018 — Gold: 1314.60  Palladium: 1000.00  Platinum: 953.00  Silver: 16.38