Mints

A mint is a facility that produces legal tender coinage, bullion bars, or other collectible coinage. A mint can either be government-owned, or privately owned. While people all over the world can, in theory, create bullion products, there is an added level of assurance when buying bullion from a trusted mint. Learn more about popular yet trusted mints that investors and collectors trust, right here at Silver.com.

Sovereign Mints

A sovereign mint (oftentimes called a government mint) is established and run by a national government. Sovereign mints are responsible for creating government-backed circulation coinage, as well as bullion coinage, bars, and rounds for the public. Due to the fact that sovereign mints undergo a strict set of guidelines that guarantee the weight, face value, and purity of each item, sovereign mints have earned a very trustworthy reputation.

Some examples of popular sovereign mints include the following:

• US Mint
• Royal Mint
• Royal Canadian Mint
• Mexican Mint
• Chinese Mint
• Perth Mint

Private Mints

A private mint is simply put, a mint that is owned and operated independently of a national government. Because they’re not backed by a national government, if a private mint wants to create a bullion coin, they need to work with a foreign government to create one. Other than that, private mints primarily focus on bullion rounds and bars.

Some examples of popular private mints include the following:

• Scottsdale Mint
• Sunshine Mint
• SilverTowne
• PAMP Suisse
• MK Barz
• Asahi Refining

Questions about Mints

Any additional questions on these mints? Contact the Silver.com customer service team today at 1-888-989-7223. Our team can also be easily reached via email or through our online chat feature.