Reviews & Ratings 2024

Is a trustworthy precious metals company? Is it legit? Which goods and services do they provide? What are their consumer ratings? Please read our reviews to determine if this company is suitable for you.

What Is Reviews

In 1949, Leon Hendrickson and his wife established began as a small coin shop in Winchester, Indiana, but has developed rapidly to become one of the largest precious metals dealers in the United States. The company offers a wide variety of coin and bullion products, which are primarily geared toward investors, preppers, and collectors.

Does Offer Gold & Silver IRAs?

No, does not offer precious metals IRAs, despite the availability of metals eligible for IRAs. If you wish to open a precious metals IRA, click the link below to learn more about our top-rated gold and silver IRA company.

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Company Info


Winchester, Indiana


120 E Union City Pike

Winchester, IN 47394

Year Founded:



Leon Hendrickson (founder), David Hendrickson (Vice President)



[usr 3] Products has been in business for over seven decades and has amassed a vast selection of products, primarily in the form of silver, gold, and platinum coins, bars, and collectibles. SilverTowne primarily sells US coins, but they also stock coins from Australia, Canada, Austria, Great Britain, and South Africa. Silver Commemoratives, Peace Silver Dollars, Morgan Silver Dollars, gold and silver American Eagles, Platinum Eagle Coins, Platinum Eagle Bars, Perth Mint Gold Bars, American Flag Silver Bars, and a great deal more are among their many products.

How Does Work? sells its products both online and in person. If you prefer personalized assistance, you can visit their retail store in Winchester, Indiana. However, the quickest way to order products from is through their official web store, where you must create a customer account before selecting the products you want. As payment options, SilverTowne accepts PayPal, wire transfers, checks, debit, and credit cards.

Advantages of Choosing 

  • Wide Selection of Precious Metals is among the companies with vast inventories of coins, bars, and collectibles, as it is one of the oldest precious metals dealers in the United States.

  • Many Years In Business

SilverTowne has been in business for seven decades, demonstrating its legitimacy and dependability. They have been able to thrive in the extremely competitive precious metals industry by continuously embracing change.

  • User-Friendly Website

The website is user-friendly, even for first-time purchasers. A prominent search bar at the top of the website enables you to rapidly locate the coins or bars you wish to purchase. Account creation and the transaction process are also streamlined, and multiple payment options are made available.

  • Free Shipping

The company offers free shipping on all orders over $99.

Disadvantages of Choosing 

  • Not BBB Accredited is not accredited by the BBB. Additionally, their ratings on other reputable review websites, such as, are not particularly impressive.

  • Does Not Offer IRAs has yet to join the bandwagon of self-directed precious metals IRAs, despite its extensive history in the industry.

Are you looking to establish a precious metals IRA? Here’s our #1 recommended firm> Reviews and Ratings lacks BBB accreditation and has 0 reviews, 0 customer complaints, and 0 customer ratings on its platform. BBB

On Yelp, they have a 2.5-star rating based on 15 customer reviews and ratings, whereas on Trustpilot, they have a 4-star rating based on four customer reviews. Both the BCA and Trustlink lack reviews and evaluations for the company.

Should You Invest In

The decision relies upon you. is not, however, among the companies that offer precious metals IRAs, which, as you may know, are essential for diversification and inflation protection of retirement portfolios. For this reason, we advise you to visit our top-recommended firm for gold and silver IRAs via the link provided below.

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Is SilverTowne Legit?

Operating a business for over seventy years is no laughing matter, and this demonstrates that conducts nothing but legitimate business. Thus, is a legitimate, reputable, and trustworthy organization. Alternatives

Conclusion is a legitimate and reputable precious metals dealer based in Winchester, Indiana. It was founded in 1949 by Leon Hendrickson and has consistently outperformed its competitors by adapting to change and providing superior products and services. The company has one of the nation’s greatest product inventories.

Negatively, is not accredited by the Better Business Bureau and does not have reviews on significant review websites such as Trustlink and BCA. In addition, they do not offer precious metals IRAs, which are essential for retirement portfolio protection.

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