What is Goldseek Mint? Perhaps, you are here to find answers to this question. Well then, keep on reading to know everything about this company!
Precious metals have been an excellent form of investment for over a long history of time. Gold, silver, platinum, and palladium have all been used as currency and as a store of value for centuries.
Today, there are a lot of dealer companies that offer their precious metal services and products. These companies can help you buy, sell, and store precious metals. They can also provide you with information about the precious metals market.
Along the way of your search for the best precious metals company to work with, you probably stumbled upon Goldseek Mint. You wish to know more about it however there is not much you can find. What is Goldseek Mint? Is it legit or a Gold IRA scam?
To be honest, the company is mysterious and has little to none information. But I shall give you the things that I have discovered so far! So without any further ado, let's get started.
Goldseek Mint Review Quick Summary
Name: Goldseek Mint
Founders: Peter Spina and David Wersebe
Price: Varies depending on your investment
What is Goldseek Mint?
Goldseek Mint was a precious metals dealer based in Houston, Texas. It was created in 2009 and was a full-service mint that served the gold and silver investment community. The company offered a variety of products, including coins, bars, and rounds.
In July 2014, it was announced that its website had been launched to enable its clients to inquire and shop online. It even provided live pricing of the products. They featured their high-quality investment-grade bullion products.
However, currently, Goldseek Mint is no longer in business. The company's website is down and is unavailable. In connection, its Facebook page has also been inactive since 2017. It is unclear why the company closed down.
They possibly could be on hiatus, but after more than 6 years of inactivity, it is safe to say that Goldseek Mint is no longer an existing precious metals company.
What Were Goldseek Mint's Products?
Goldseek Mint offered various kinds of gold and silver in both bullion and coins. All of the orders were taken directly from the inventory and were shipped securely within the United States.
- Bullion coins: Goldseek Mint offered a variety of bullion coins, including the American Eagle, the Canadian Maple Leaf, and the Austrian Philharmonic.
- Bullion bars: The company offered a variety of bullion bars, in a variety of sizes and weights.
- Rounds: They also offered a variety of rounds, which are similar to coins but do not have any official government backing.
- Custom minting services: Goldseek Mint offered custom minting services, which allowed customers to have their own designs minted into coins or bars.
Based on my research, Goldseek Mint also offer numismatic coins and even investment/retirement services. Their products weren't as broad as our top-recommended company, Goldco. Be sure to check out this company if you want the best precious metals today!
When Did Goldseek Mint Close?
The Goldseek Website has been offline since July 2015. Their last Facebook message is dated April 2015, Twitter posting is May 2015 and Google+ posting July 2015.
Their reason of shutting down is unknown but there could have been factors of financial difficulties or legal problems. They were a young company in a competitive precious metals industry afterall.
Is Goldseek Mint Now Goldseek Resources?
There is another company called Goldseek Resources, which is a gold exploration company. However, this company is not affiliated with the former Goldseek Mint.
Is Goldseek Mint Legit?
For the record, Goldseek Mint was a successful company in its time of operation. The founders of the company David Wersebe and Peter Spina declared that the company has struck over $10M in gold and silver bullion-grade bullion since establishing in 2009.
In 2013, they launched their website GoldSeekMint.com allowing customers to conveniently an easily access their freshly minted gold and silver bullion products. In 2014, they commissioned a series of beautiful bullion rounds from the award winning design artist, Heidi Wastweet.
They were really legit. However, it really is strange to see their fallout. There have been no proven lawsuits of fraudulent activities as well as scams that the company was involved in.
Best Alternatives to Goldseek Mint
Before you invest in precious metals, it is important to do your research and understand the risks involved. There are many reputable precious metals companies, but there are also some scams out there.The following below is how Goldseek Mint fares against major competitors like Money Metals Exchange, Goldco, and US Money Reserve
Gold, silver, and custom coin minting
Buying, selling, storage
Free shipping on orders over $500 Shipping fee depends on orders under under $500.
Gold, Palladium, silver, platinum, and rhodium
Buying, selling, storage, loans
Free shipping for orders over $500. $7.97 shipping for orders under $500.
Gold, platinum, silver, rare coins, and palladium
Buying, selling, storage
Free shipping for orders over $25k. Shipping fee depends on orders under $25k.
Gold, platinum, silver, palladium
Buying, selling, storage
Free shipping on orders over $25k Shipping is $15 for orders under $499.
As you may have learned now, it seems there is no way you can invest in Goldseek Mint now. If you want to know what the best precious metal company, which is also our top-recommended one, you should check out Goldco.
Goldco has been in business for over 16 years and is a BBB accredited company with an A+ rating. They have excellent customer service and wide selection of precious metals products.
What Happened to Goldseek Mint?
Sadly, at the time of writing this review, Goldseek Mint seemed to be out of the picture. Its website is unavailable. It turns out that the website was offline since July 2015. Moreover, there is not much information about the company.
Also, I checked its Facebook and Twitter accounts. Its last Facebook post was made in April 2015. On the other hand, Goldseek Mint's last tweet was in May 2015.
Although there is not much information about what truly happened with Goldseek Mint, it is safe to assume that this company is no longer operating.
If you want to deal with an excellent precious metals firm, check out my top recommendation below. Stay updated for more information about Goldseek Mint! I will be sure to add more details once I discover more things about it.
Thank you so much for reading my "What Is Goldseek Mint?" review! If you have any comments or questions, feel free to leave them in the comment section.