Frequently Asked Questions to Minot Coin

We welcome all collectors and investors interested in authentic precious metals to visit us at 922 37th Ave SW Minot, ND 58701 right here in the heart of Minot. Due to popular demand, 2022 saw us finally establish a showroom tailored specifically to build relationships through one-on-one educational consultations, deals, and peer camaraderie.

Make sure to stop by anytime Monday-Friday 10 am – 4 pm.

For the most up to date hours, click here.

We welcome returns/exchanges within 7 days on unopened items retaining their original new condition and packaging. Out of fairness, custom goods and special orders cannot be reversed. Call us before shipping items back.

If your order has not yet shipped out from our warehouse, we may be able to modify certain order details like shipping address or product selections. However, take note that pricing is subject to change if the market value has increased. Please call us as soon as possible with any requested order changes before processing and we’ll advise if alterations are still possible.

We ship to United States addresses only.

We swiftly process orders for discreet, fully insured delivery via USPS, UPS, or FedEx with signatures required for larger orders. Expect tracking information from us as soon as payments clear. Per request, consolidated/delayed shipments can also be arranged.

In-stock products ship within 1-2 business days after we confirm payment. Pre-ordered items will display estimated delivery timelines. Notify us immediately if you need rush handling or adjustments to avoid shipment delays.

Absolutely, upon request, we can hold off on shipping complete purchases or individual portions for secure storage here instead, then send them at later dates you specify for convenience. This works smoothly for large orders you may want to be sent in waves. Just note – extended holds past 90 days may incur updated valuation if bullion market spots increase.

If you have existing orders still actively processing, provide the confirmation IDs over the phone and we can seamlessly merge everything set to ship out within days into one packaged arrival! Consolidation allows cheaper grouped shipping rates we pass along, saving you money.

Browse our inventory online first. For large/custom purchases, we tailor terms to your needs via email or in person. Let us guide your buying journey!

Reach out by email or over the phone with any pricing proposals on metals/collectibles you have your eye on – as fellow collectors, we promise fair feedback and flexibility within market reason. Most importantly, never hesitate to ask us questions!

Absolutely! Call to ask about quantity discounts or rolled pricing when doing repeat purchases over time to save on premiums. We want to see clients accumulate hard assets, so let our team creatively structure your bullion gains through bundled savings.

While personal possession remains ideal, we vet several discrete, insured alternatives for offsite storage that still retain direct ownership if needing reliable access without in-home security worries. Ask us how to smartly plan for seamless future selling too when ready!

Bullion refers to precious metals, such as gold or silver, that meet specific purity standards and are typically in the form of bars, ingots, or coins. These metals are held by investors as a store of value and are used in international trade by banks and governments.

Bullion is characterized by high purity standards, with gold typically being at least 99.5% pure and silver at least 99.9% pure. It is mass-produced by mints and refineries to meet investing demand, making it easily accessible for purchase and sale. Additionally, bullion is priced near “spot” value, closely correlating with prevailing market prices for gold or silver.

Bullion serves as a hedge against inflation, political uncertainty, and volatile markets due to its intrinsic value and historical stability. By holding bullion, investors can diversify their portfolios and safeguard their wealth against economic fluctuations.

Gold bullion comes in various forms, including gold bars, gold bullion coins, and gold rounds. These products are produced by refineries or mints and are recognized as investment-grade assets due to their high purity and intrinsic value.

Silver bullion includes silver bars and ingots, silver bullion coins, and silver rounds. These products are primarily held as investments and store value, with silver being recognized for its affordability and industrial applications, in addition to its investment potential.

Karat is a measurement used to indicate the purity of gold. It represents the percentage of pure gold content in an alloy, with 24 karats being the highest purity level.

Understanding gold purity grades is crucial when purchasing gold bullion or jewelry. Different karat levels determine the amount of pure gold in an item, affecting its value, durability, and appearance.

Silver purity is typically measured in percentages, with higher percentages indicating purer silver content. Common silver purity grades include fine silver, sterling silver, and coin silver.

Platinum purity refers to the percentage of pure platinum content in a bullion product or jewelry item. Knowing the purity level helps assess the quality and value of platinum items.

Alloying involves mixing pure precious metals with other metals to enhance properties such as durability, color, and workability. Understanding alloy compositions is essential for informed purchases.

Coins are graded based on their condition, with terms such as Mint State (MS), Brilliant Uncirculated (BU), Almost Uncirculated (AU), Extra Fine (XF), Very Fine (VF), Fine, Very Good (VG), Good (G), and Cull used to describe their state of preservation.

For comprehensive information on precious metals purity grades and coin grading, we offer downloadable guides on gold, silver, platinum, and coin grading on our website. These guides provide valuable insights to help you make informed purchasing decisions. Learn more here (link to Precious Metals Grade Guide page).

Yes, we offer a comprehensive Precious Metals Grade Guide available for download here [link] to help investors understand purity standards, coin grading terminology, certified labels and more. Educate yourself on the quality indicators that affect value.

A proof coin has a specialized minting process giving it mirror-like finishing and design sharpness, making proofs popular collectibles commanding premium value.

We carry coins certified for authenticity and condition by top grading services like PCGS or NGC. They undergo strict assessment and receive serial numbers, then are sealed in tamper-proof plastic cases labeled with their 1-70 grade score.

“FS” or First Strike designation means those coins were received and graded within the first 30 days of release by PCGS to showcase pristine, early production quality.

“ER” or Early Release means coins were submitted to NGC or its depositories within 30 days of minting for optimal grading.

NGC and PCGS are the top professional third-party services that grade and certify coins for authenticity and condition. Both are well-respected – we carry top-rated coins certified by either.

Those both indicate proof coins grading 69, with PR from PCGS vs PF from NGC. Proofs have a specialized minting process resulting in mirror-like contrasting finishes.

UCAM & DCAM label contrast between frosted coin designs and clear mirrored background fields. UCAM is NGC’s version, while DCAM is PCGS’s. Both denote quality proofs.

At Minot Coin and Bullion, we have knowledgeable staff ready to answer any questions you may have regarding precious metals’ purity, grading, and purchasing. Feel free to contact us for personalized assistance tailored to your needs.