Quality Silver Bullion, an online precious metals seller, transitioned to operate as Regency Mint starting in 2020. They've since discontinued their former website, directing all transactions via the Regency Mint interface.
Should you consider partnering with this metals dealer? How do their prices and offerings stand out? And, crucially, can you trust their authenticity?
Quality Silver Bullion has a legacy of over ten years, marking its presence in the online silver market. Come 2020; Regency Mint took it under its wing. The original e-commerce site of Quality Silver Bullion has ceased its marketplace operations, directing all sales to the Regency Mint platform.
Interestingly, the QSB website remains active for viewing. It offers a glance into the many products they presented before Regency's acquisition. Their offerings span beyond coins or bullion, showcasing an extensive product suite.
A Deep Dive into Quality Silver Bullion
True to its name, silver was QSB's forte. Their lineup boasted silver rounds and, more interestingly, fractional silver rounds. Not limited to their in-house products, they also retailed coins from renowned mints like the Royal Canadian Mint and the United States Mint. This added diversity catered to those with a penchant for government-issued coins.
Their silver round collection featured diverse designs - from the iconic Walking Liberty coins in varying weights to packages melding multiple formats, the vintage pillar dollar rounds, Indian head editions, and the ever-popular Morgan Silver rounds.
For the discerning collector, QSB introduced unique offerings like the Divisible Gold Panner rounds, Baseball Hall of Fame coin replicas, and the one-ounce Silverbugs coins. And for those looking for a thoughtful gift, they had fine silver rounds beautifully packed in gift bags.
The charm of fractional silver rounds lies in their affordability. You're not investing in a complete game but just a fraction, making it an attractive option for many, especially during dire times when quick liquidation becomes essential.
Varieties from QSB's fractional lineup encompassed:
Their collection from the US Mint was equally compelling.
The famed Silver American Eagle coin was up for grabs, either brand new or in a circulated condition at a more pocket-friendly rate. A highlight was the Silver Monster Box, bursting with 500 Silver Eagle coins.
But QSB's offerings were more comprehensive than just mint-fresh coins. They also retailed lots of age-worn silver coins termed "junk," which included junk half dollars and the classic Morgan Silver Dollars and Peace Dollars with signs of age and wear.
From our neighbors in Canada, the Royal Canadian Mint, the selection featured the sought-after Silver Maple Leaf Coin, its gold-plated version, and a more budget-friendly damaged Silver Maple Leaf. However, the designs from the Canadian Mint remained constrained.
Although diverse, the product range did have its limitations, often repeating designs across different weights. One observation was the company's somewhat relaxed quality approach,
evident in their listing of several coins as "junk."
Gold bullion was another product line, encompassing bars, coins, and rounds. They were open to dealing in gold of all conditions, whether buying or selling.
Interestingly, their gold collection seemed a tad more varied compared to silver. They stocked Canadian Maple Leafs and a diverse array from the US Mint. Plus, there were gold coins from South Africa, Australia, and Austria.
Regency Mint Gold, a prominent privately-run mint, also featured its bullion. With Regency Mint being a big name in the private mint scene, QSB proudly presented their 1/10th and 1-ounce Gold Eagle coins.
They showcased eleven distinct gold bullion bars sourced from multiple mints. Depending on your preference, you could go for a gram, an ounce, 2.5 grams, 5 grams, 10 ounces, or 10 grams. The array of mints comprised Pamp Suisse, Perth Mint, Royal Canadian Mint, and Sunshine Mint.
While copper might not be the top pick among precious metals, it holds its value. The firm offered copper bullion crafted to a .999 purity level. However, they emphasized that gold and silver stand as more favorable options than copper for those keen on investing.
The copper offerings featured:
Blanks are unfinished rounds awaiting a design imprint. This business provided a variety of blanks in several metals, differing primarily in diameter.
They offered brass blanks in two finishes: polished and tumbled. The glossy variants fetched a higher price. You could buy them in packs ranging from a handful to several hundred, depending on your need.
You choose between polished and tumbled finishes in the realm of copper blanks. But, except for the larger 47-millimeter size, they mostly came in sets of 100. Speaking of the 47 millimeters, it stood out as the most sizable blank and was sold only in a bundle of 50.
For silver blanks, the options were more limited compared to their brass and copper counterparts. They had just two types: polished or tumbled at 39 millimeters. And each type came in packs of 100, with no other sizes or quantities in sight.
The business had an array of collector's coins for those on the hunt for a unique gift for a dear one. While many celebrated birthdays and festive seasons, they also had coins to mark distinct occasions, such as:
Many of their festive season coins offered complimentary personalization, allowing you to imprint the receiver's name. They showcased playful designs featuring Santa, his reindeer, and cheerful snowmen.
Similarly, the birthday coins allowed for custom engravings. The selection boasted silver heart-shaped cash, tokens for new arrivals, and specific coins for birthday boys and girls.
Beyond just dealing in precious metals, the firm catered to dedicated coin enthusiasts by offering essential accessories. A few of these must-haves were:
Unless you opted for a specific package with a gift bag, the business did not provide gift boxes or wrapping solutions.
Regency Mint has taken over what was once Quality Silver Bullion. But their expertise continues beyond selling precious metals; they offer many other services.
The standout service of the company is its expertise in custom minting. If a specific design or engraving is on your mind, they're the go-to to make your vision a reality. Beyond just coins, they also craft custom keychains and lapel pins.
Looking to have something uniquely minted? Follow these simple steps:
Typically, a custom minting venture with them spans four to eight weeks.
While Quality Silver Bullion might be genuine, there are specific concerns. They still need to secure an accreditation or even a rating from the Better Business Bureau. The BBB has yet to assess them due to a lack of details on their operational methods.
Moreover, genuine customer feedback is scarce online, suggesting a minimal digital footprint. When investing in precious metals online, it's crucial to trust a firm with a solid reputation.
Despite its two-decade existence, Regency Mint also lacks BBB accreditation and rating—a concerning sign. Quality Silver Bullion and Regency Mint lack customer feedback on their BBB profiles.
While the business may deliver its promised products, the limited insight into its operations makes it challenging to vouch for them wholeheartedly.
Previously, Quality Silver Bullion offered a select range of precious metals. However, since Regency Mint took over, they've begun crafting tailor-made minted products.
Should you be searching for a bespoke minted item, this firm stands out as a reliable option. But for those eyeing simple investments in gold or silver, the details about them still need to be updated. The web has limited user reviews about them, and the BBB neither rates nor accredits them.
Numerous other online metals vendors boast glowing reviews and impressive BBB scores. It might be worthwhile to explore one of those alternatives.
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