The Infamous Northwest Territorial Mint

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Northwest Territorial Mint

This used to be my "go-to" back in the day for all my online silver purchases. One of my first large silver purchases was this 10 oz silver bar. I wish it had a date on it, because I don't remember when I purchased this... probably 2007 or so.

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You can't buy NWTM silver anymore because they're out of business. And they took a lot of money with them, defrauding over 25,000 customers. I was almost one of them.

My final purchase from them took an extraordinary about of time to ship. I remember contacting their support and them deflecting. After months of pestering them, a package arrived in the mail. That was my last NWTM order. A number of years later, I heard they had gone out of business. They declared bankruptcy while still owing many customers the AG they paid for. Ran off with $5 Million.

Crooked.

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https://www.justice.gov/usao-wdwa/pr/former-president-and-ceo-now-bankrupt-precious-metals-firm-convicted-mail-and-wire

Lesson: Don't defraud the public. That is all.


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Benjamin Turner: God fearer. Rooted in Messiah. Husband of @lturner. Father of SIX (!!!) wonderful children. The guy behind the camera. Blockchain enthusiast.

Bless the Most High!

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Posted Using LeoFinance Beta



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18 comments
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Yes, I remember Northwest Territorial Mint's fiasco. I almost got caught in it. They had a too good to be true deal, but it had a 12-week delivery. I didn't want to wait. I found out what happen long afterwards. Thanks again, Ironshield - @ironshield. That rainbow toning is pretty cool.

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Yes, I remember they had fantastic silver deals, especially when AG was so low. Somewhere I have a bunch of NWTM rounds, but i'd have to dig those up. !ALIVE

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It's good to keep seeing your mails on listnerds. In these gray times that are approaching, we will need a lot of silver to protect ourselves if we want to maintain our standard of living.
It's sad what you say, but human greed has no limits. But it's glad to see you were able to dodge that bullet.

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It was a close call. Before they decided to scam everyone, I would have vouched for their products and services! Thanks for visiting from ListNerds. !ALIVE !PIZZA

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Dude that's brutal how they conned all those people, has your winners medal arrived yet?

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(Edited)

Just arrived today. Post coming early next week! !ALIVE

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Silver protection is important in these times, it's definitely something worth switching to, at least partially.

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The silver bug is biting me again....

And seeing these posts are helping LOL

Thanks for using ListNerds!

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Really cool post. Gotta love silver! It is the working man's precious metal.

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I think I recall seeing a few articles on the topic but I didn't really look into it because I wasn't really interested in stacking the physical silver. I am glad you made it out without being scammed but hate those fraudsters who defraud the public.

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NWT Mint may be gone but they still have a lot of their product floating around the Stacking Communities.

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