Silvertowne Silver Bars

December 27, 2008 by Grams · Leave a Comment

SilverTowne is a coin dealership and bullion mint founded in 1949 in Winchester, Indiana by Leon Hendrickson that has an excellent reputation for high quality silver bars. Silvertowne 1 oz and 10 oz silver bars in particular are sought after by bullion investors.

After returning from WW2 service Hendrickson eventually became a professional numismatist, opening a shop above his restaurant with his wife and son as the initial employees. As the business grew, Hendrickson moved into his home—out of which he sold over $400 million in merchandise in 1980.

In 1982 Hendrickson built SilverTowne’s current premises, which features a coin shop, along with jewelry and collectibles sections, and a custom mint. The firm’s 100 employees include three generations of family members, and their mail-order business ships out 800 to 1,000 packages per day.

Hendrickson’s philosophy of treating people like he would want to be treated, being fair and giving a good price has resulted in Silvertowne becoming one of America's largest and most respected rare coin and precious metals dealers.

The 1 oz silver ingots are of the pressed type with a high quality finish that is protected by being encased in plastic after they are minted. Typically they come in sheets of ten 1 oz bars but can be separated if necessary to form individual 1 oz bars.

The 10 Troy oz .999 Fine Silver Bar From Silvertowne Mint is a beautifully finished bar that could even be described as a work of art, the workmanship is of such a high standard. Likewise the Silvertowne 10 oz silver bars are also protected by a plastic case that is factory sealed for protection.

Because of Silvertownes reputation for quality, Silvertowne silver bars are very sought after and easy to trade both in the offline market and online. A Silvertowne silver bar makes a great investment, and an attractive one at that!