Govmint has many qualities. However, it falls short of delivering the best experience to consumers. Find out the best options for you in our top recommendations.
Fees & Charges
Honesty & Transparency
Customer Service
Decent product selection
BBB-accredited Business
Does not provide IRA Services.
Facing legal battles
Limited online presence
Expert Score

What is Govmint?Govmint Locations, Timings, Email, Phone, Services is a prominent precious metals dealer in the United States, positioning itself as one of the leading coin marketers in the country. Its objective is to establish itself as the premier global destination for coin enthusiasts, offering an extensive selection of coin items.

The company’s comprehensive catalogue encompasses a wide range of coins, including modern issues and numismatic products sourced from mints worldwide. aims to cater to the diverse preferences of collectors and investors.

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While boasts its status as one of the largest providers of currency issues and collectible coins in the nation, it is important to note that the company operates independently and is not affiliated with the U.S. government or U.S. Treasury.

Since its establishment in 1984, has been a trusted participant in the industry, serving customers with high-quality coin products. The company is currently headquartered in Eagan, Minnesota, where it conducts its operations.

To showcase its credibility, highlights partnerships with renowned numismatic organizations on its website. These esteemed affiliations include the Numismatic Guaranty Company (NGC), the Professional Coin Grading Service (PCGS), and the Smithsonian Institution.

  • Address: 14101 Southcross Dr, Burnsville, Minnesota, 55337, United States
  • Phone: (800) 642-9160
  • Website:

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People Behind Govmint: CEO, Owner, Co-Founders & MoreWho owns Govmint? What is the management team behind Govmint?

Bill Gale (Founder, Chief Executive Officer, and President) at

Bill Gale is a notable figure in the numismatic industry as the Founder, Chief Executive Officer (CEO), and President of With his extensive knowledge and experience in the field, he has played a pivotal role in establishing the company as a prominent player in the precious metals and coin market.

As the Founder of, Bill Gale laid the foundation of the company in 1984, bringing his passion for numismatics and his vision of providing high-quality coin products to collectors and investors. His entrepreneurial spirit and dedication have been instrumental in shaping the company’s growth and success over the years.

In his role as the CEO, Bill Gale assumes the overall responsibility for the strategic direction and operations of He leads a team of professionals, ensuring that the company operates efficiently and delivers exceptional customer service. Under his guidance, the company has expanded its product offerings and strengthened its position as a leading provider of coins and precious metals.

As the President of, Bill Gale oversees the day-to-day operations and works closely with the executive team to drive innovation and maintain the company’s commitment to excellence. His leadership skills and industry expertise have been crucial in fostering relationships with numismatic organizations and building partnerships to enhance the company’s reputation.

Short Light on his career:

Throughout his career, Bill Gale has demonstrated a deep understanding of the coin market and a passion for delivering exceptional numismatic products to customers. He has played a key role in establishing as a trusted source for collectors and investors worldwide.

Bill Gale’s contributions to the numismatic community extend beyond his role at He is widely respected for his knowledge and expertise, and he actively participates in industry events and organizations. His dedication to promoting the hobby of coin collecting and advancing the numismatic field has made a lasting impact on the industry as a whole.

Overall, as the Founder, CEO, and President of, Bill Gale has been instrumental in shaping the company’s success and establishing its reputation as a leading provider of precious metals and coins. His leadership, industry knowledge, and commitment to excellence have solidified’s position in the market, making it a go-to destination for coin enthusiasts and investors alike.

Bill Gale

Jay Blain (Account Manager) at

Jay Blain is a dedicated professional who holds the position of Account Manager at With his expertise and commitment to customer satisfaction, he plays a crucial role in ensuring the company’s success in serving collectors and investors in the numismatic industry.

As an Account Manager, Jay Blain assumes responsibility for managing and nurturing relationships with clients. He serves as a primary point of contact for customers, addressing their inquiries, providing product information, and assisting with any concerns or issues they may have. Jay’s exceptional communication skills and in-depth knowledge of’s offerings enable him to deliver personalized and high-quality service to each client.

Whether clients are seeking specific coins to enhance their collections or looking for investment opportunities in precious metals, Jay provides expert advice and guidance tailored to their unique goals and preferences.

In addition to his customer-facing responsibilities, Jay Blain also collaborates closely with other teams within He works in coordination with the procurement team to ensure an extensive and diverse selection of coins is available to meet customer demands. Jay also communicates customer feedback and market trends to the marketing and product development teams, contributing valuable insights that shape the company’s strategies and offerings.

With his professionalism, attention to detail, and commitment to customer satisfaction, Jay Blain plays an integral role in maintaining’s reputation as a trusted provider of coins and precious metals. His ability to build strong relationships with clients fosters trust and loyalty, ensuring that customers return to for their numismatic needs.

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Jim Phelon (Senior Account Manager) at

Jim Phelon holds the esteemed position of Senior Account Manager at, where he plays a vital role in cultivating and maintaining strong relationships with clients. With his extensive experience in the numismatic industry and his dedication to customer satisfaction, Jim contributes significantly to the success of the company.

As Senior Account Manager, Jim Phelon is responsible for managing a portfolio of key clients. He leverages his expertise and deep understanding of the coin market to provide personalized service and tailored solutions to meet the unique needs of each client. Jim serves as the primary point of contact for these clients, ensuring their inquiries are addressed promptly and their concerns are resolved effectively.

In addition to his day-to-day responsibilities, Jim Phelon actively participates in industry events, conferences, and trade shows. By networking with other professionals and staying connected with the numismatic community, he continues to expand his knowledge and stay abreast of the latest developments in the field. Jim’s involvement in industry activities enhances his ability to serve clients effectively and positions him as a trusted authority in the numismatic industry.

Jim Phelon’s dedication to providing exceptional customer service, coupled with his expertise and industry knowledge, has earned him a reputation as a reliable and trusted account manager. His strong communication skills, attention to detail, and commitment to exceeding client expectations contribute to the overall success of Through his efforts, Jim solidifies long-term relationships with clients and ensures that they receive the highest level of service and support.

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Govmint Products: Bullion Coins, Bars, And Rare CoinsAll products offered by Govmint proudly offers a diverse range of gold and silver coins, as well as other numismatic products, catering to the needs and interests of collectors and investors alike. With a commitment to providing high-quality items, the company has established itself as a trusted source in the precious metals market.

The product catalog available on the website showcases an extensive selection of coins, bars, and paper currency.

Let’s explore the various product categories that customers can explore:

U.S. Coins:

This category encompasses a wide array of American coins, including popular choices such as the Silver Eagle and Gold Eagle coins. Customers can also find Proof and Mint Sets, Gold Buffalo coins, Platinum Eagles, Vintage Silver coins, Vintage Gold coins (Pre-1933), Commemorative Coins, Palladium Eagles, and more.

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The Silver category features a diverse range of silver coins from around the world. Customers can explore Canadian Silver coins, Mexican Silver coins, Chinese Silver coins, U.S. Silver Coins, South African Silver coins, Australian Silver coins, Great Britain Silver coins, and many other options.

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In the Gold category, customers will find a wide selection of gold coins from various countries. This includes U.S. Gold Coins, Great Britain Gold coins, South African Gold coins, Mexican Gold coins, Chinese Gold coins, Australian Gold coins, Canadian Gold coins, and more.

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World Coins:

The World Coins category offers a fascinating assortment of coins from different countries. Customers can explore coins from Australia, Canada, China, Mexico, Great Britain, South Africa, as well as Pop Culture Coins and more.

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This category showcases unique offerings, including coins associated with the Smithsonian Institution and’s Scarce and Unique Division. These exclusive items provide collectors with special opportunities to acquire exceptional and limited-edition pieces.

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Other Products:

In addition to coins, also provides a range of other numismatic products. Customers can explore Shipwreck Coins, Paper Currency, Platinum Coins, Palladium Coins, Bars & Rounds, Currency Proof sets, and more. These offerings cater to the diverse interests and preferences of collectors and investors.

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By offering such a comprehensive range of products, ensures that customers have access to a wide selection of coins and other numismatic items. The website serves as a valuable resource for customers to browse and select items that align with their collecting or investment goals.

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How to Invest in Govmint IRA?Step-by-step guide for investing in Govmint IRA

The biggest drawback of is that it does not provide any IRA services. Unlike some precious metals dealers in the market, the company has not established partnerships with IRA custodians. To offer customers the option of including precious metals in their Individual Retirement Accounts (IRAs). This absence of IRA services is notable as there is no information or mention of IRAs on the website.

By not offering IRA services, limits its appeal to customers who specifically seek to include precious metals in their retirement accounts. The lack of information or mentions of IRAs on the company’s website further emphasizes the current gap in this area.

What are IRA Services?

An IRA is a retirement savings account that provides tax advantages for individuals to save for their future. It allows investors to hold a variety of assets, including precious metals such as gold, silver, platinum, or palladium coins or bars. These precious metals can act as a hedge against inflation and economic uncertainties, making them a popular choice for diversifying retirement portfolios.

For individuals specifically looking for a precious metals dealer that offers IRA services and the associated benefits, they may need to explore alternative providers in the market.

Opening a precious metals IRA is a major decision. That’s why I suggest checking out our top gold IRA providers list. There, you can find the best precious metals dealer in your state and choose accordingly.

Also, the list will help you understand what the industry’s best has to offer and what you might miss out on.

Govmint Fees and Charges: Do they overcharge?What are their fees? Do they have hidden fees? ensures a smooth and reliable shipping and handling process for its customers. The shipping fees and conditions are designed to cover all aspects involved in the delivery of orders, including labor, packaging, materials, carrier fees, and processing costs.

For international shipping, provides specific fees and guidelines based on the destination country:

  1. Orders shipped to Canada: Customers will incur an additional $10 charge on top of the regular shipping fees. The items will be shipped via USPS Priority Mail International, ensuring secure and timely delivery to Canadian addresses.
  2. Orders shipped to other foreign countries: Customers residing in countries other than Canada will face an additional $40 fee for shipping. The items will be shipped using USPS Priority Mail International, which offers reliable and efficient international shipping services.

To complete an order, customers are required to make payment in U.S. funds, either through an international money order or a credit card transaction.

For Army Postal Office (APO) addresses, regardless of the order’s total value, utilizes USPS Priority Mail International for shipping, ensuring that APO customers receive their orders promptly and securely. welcomes orders from various countries, including the United States, Canada, Australia, Austria, Switzerland, and the United Kingdom (including England, Wales, Scotland, Northern Ireland, and the Isle of Man). If your country is not listed, you can still place an order with Simply reach out to them to initiate the necessary arrangements for your transaction.

By providing a comprehensive shipping and handling policy, ensures that customers receive their orders safely and efficiently, regardless of their location.

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Special Program by Split Pay offers a convenient payment program called Split Pay, which enables customers to pay for their orders in multiple instalments without any additional charges. This option is particularly useful for individuals who are new to coin investing and may not be able to afford full payment upfront.

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To be eligible for Split Pay, you must be a U.S. citizen of legal age. Approval for Split Pay will depend on your credit card provider’s approval of the payment plan. Additionally, will assess your eligibility before enrolling you in the program.

The Split Pay program offered by proves advantageous for those who prefer to manage their budget by dividing payments over time. It provides an opportunity for beginner coin investors to build their collections gradually and make purchases within their financial capabilities.

Companies like Augusta charge ZERO fees for up to 10 years, allowing you to choose your own gold & silver. Govmint on the other hand provides fewer options.

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Social Media Presence of Govmint:Twitter, Facebook, & Instagram

Twitter Handle of Govmint:

The company has an account on Twitter. They have 1,184 followers and are following 327 accounts. Govmint joined Twitter in April 2009.

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Facebook Page of Govmint:

Govmint has 35K followers on its Facebook account. The company has 29K likes.

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LinkedIn Page of Govmint:

The company has a LinkedIn profile with only 9 followers. Govmint joined LinkedIn in 2009. Their company size is 11-50 employees.

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Youtube Channel of

Govmint created its channel on Youtube on 28 October 2009. They have posted 108 videos to date, and a total of 905 people are their followers. The business got 437,080 views till now on its videos.

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Instagram account of

The company has also an account on Instagram. They have only 7,280 followers and are following 64 accounts. Govmint has posted 1,351 posts till now. They joined Instagram in October 2015.

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The Great Kentucky Hoard: Special

The Great Kentucky Hoard refers to a collection of approximately 700 gold coins that were discovered in an undisclosed location in Kentucky. The hoard was unearthed by a farmer who was metal-detecting on his own land. The precise details of the discovery and the exact location have not been disclosed.

The coins from the Great Kentucky Hoard underwent a certification process by the Numismatic Guaranty Company (NGC), a reputable coin grading and certification organization. This certification adds credibility and value to the coins.

The significance of the Great Kentucky Hoard lies in the fact that some of the coins in the collection date back to 1863, which was during the height of the American Civil War. This adds historical importance to the hoard. As it serves as tangible evidence of lost Civil War-era gold that has captured the imagination of American popular culture.

Govmint Reviews and Complaints: BBB, Trustpilot, SitejabberRead all the Govmint reviews & complaints

Better Business Bureau (BBB):

On the Better Business Bureau website, Govmint has 2.95 stars out of 5-star ratings based on 31 customer reviews. They are since 38 years in the industry. A total of 3 complaints have been filed and closed in the last 3 years. Some complaints have been filed against the company and its owner. This business is also BBB accredited on Better Business Bureau website.

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The BBB, a private organization that offers consumer information about businesses, offers accreditation to businesses that meet certain standards. These standards include promptly addressing and satisfactorily resolving customer complaints.

An A+ rating is the highest rating that the BBB can give a business. It means that the business has met or exceeded all of BBB’s standards for trustworthiness and customer satisfaction.

If you are considering doing business with this company, it is a good idea to check their BBB rating and accreditation status. However, it is important to remember that BBB ratings and accreditation are not perfect. They are based on a number of factors, and it is possible for a company to receive a high rating even if they have had some complaints.


On-Site Jabber, has 3 stars out of 5-star ratings based on only 4 customer reviews. The review is favorable, with customers commending the company’s customer service, knowledge, and prompt delivery.

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On the Trustpilot website, has 3.2 stars out of 5-star ratings. Only 2 customers reviewed them on Trustpilot too. The business has an average rating on Trustpilot. The average rating on Trustpilot with only two customer reviews is not very meaningful. This is because the average rating is calculated by averaging the star ratings of all reviews, and with only two reviews, there is no meaningful average to be calculated.

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If you are considering doing business with a company that has only two reviews on Trustpilot, it is important to do your own research and gather as much information as possible before making a decision.

Google Reviews:

On Google, Govmint has 4.1 stars out of 5-star ratings based on various customer reviews. There are a total of 15 customer reviews on Google, and most of them are positive, with customers praising the company’s excellent customer service, professionalism, and expertise.

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Some Positive Reviews:

#1. Bill shares his experience particularly with his salesman, Chris. He mentions that he has been purchasing coins from Chris for a couple of years. Bill says every coin he receives is delivered on time and has stunning beauty, despite being priced slightly higher. He expresses his satisfaction with the merchandise and hopes to continue buying from for many more years to come.

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#2. Read shares his positive experience as a customer of He states that he has made purchases both through the website and via eBay, and in both cases, he received his orders promptly and accurately. He expresses satisfaction, mentioning that he encountered no issues or concerns throughout the process. Pricing was not a problem for him, as it seemed reasonable and comparable to other retailers he had previously shopped with. Having purchased multiple items, he confirms that he would gladly shop on the site again without any hesitation.

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#3. John expresses his gratitude for the exceptional service provided by his representative, Keith, at He highlights his multiple purchases of coins and silver bars and the prompt resolution of an issue with a dented item, which was replaced hassle-free. John appreciates the professional and pressure-free experience, and he feels fortunate to have found a knowledgeable and trustworthy professional in Keith. He looks forward to continuing his collaboration with Keith in the future.

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#4. Aaron commends as a fantastic company to work with. He acknowledges the significant efforts they have made to provide excellent service to their customers, emphasizing their dedication and commitment to going above and beyond.

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#5. Brandon praises as an excellent company to work for, highlighting their remarkable products. He describes the products offered by the company as awesome, indicating a high level of quality and appeal.

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Some Negative Reviews:

#1. Omar recounts his experience with, sharing that he placed two separate backorder orders with the company. However, when he checked the status of his orders online two weeks later, he discovered that they had been canceled without any notification. Concerned, Omar contacted directly and was informed that the vendor had canceled the orders. He expresses frustration, noting that if he hadn’t made the call, he would have been unaware of the cancellations.

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#2. J.K. shares his disappointment with, stating that he purchased a silver Morgan coin from them, but it turned out to be fake. He asserts that the coin is not made of silver, despite his previous positive experiences with other purchases from the company. J.K. had the coin tested and verified that its weight matches the specifications of a genuine silver Morgan, yet the material itself is definitely not silver.

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#3. Gerald expresses his opinion that the buyers at are primarily interested in cherry-picking items and are not serious buyers. He believes that the company labels everything as collectible, even when it should be categorized as “bullion.”

image 379 Lawsuits: UniCourt, Justia, CasetextHave its customers sued Govmint?

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On March 12, attorneys at Dallas Steckler Wayne Cochran Cherry PLLC filed a class action lawsuit in the United States District Court for the District of Minnesota against Asset Marketing Services, LLC, which markets itself as, on behalf of consumers who purchased commemorative coins since 2015 based on allegedly misleading, deceptive sales tactics.

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According to court documents, the lawsuit alleges negligence, unjust enrichment, violation of the Minnesota Prevention of Consumer Fraud Act, violation of the Minnesota Uniform Deceptive Trade Practises Act, and violation of the Deceptive Acts Perpetrated Against Senior Citizens or Disabled Persons Act.

Our top companies have a clean background and aren’t involved in any kind of major legal dispute. You can check out the list here.

Is Govmint Legit? Should You Invest With Them?Is Govmint a scam or legit? Are they worth it?

No, is not a scam. is a reputable and established company in the numismatic industry. They have been serving customers since 1984 and have gained a solid reputation as a reliable source of coins and precious metals. However, as with any investment decision, it is important to conduct thorough research and consider various factors before deciding to invest with any company.

It’s important to note that the company has received poor online ratings and reviews. Additionally, their product offerings are limited, focusing mainly on gold and silver. Whether or not it is the best company for you depends on your specific needs and preferences.


Ultimately, the decision to invest with or any other company should be based on thorough research, due diligence, and personal preferences.


  • Decent product selection
  • BBB-accredited business


  • Does not provide IRA Services.
  • Facing legal battles
  • Limited online presence

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