We are bullion merchants on Grand Ave in Saint Paul, MN trading in silver & gold bullion and national currencies.
TELEPHONE +1 651 404 7712
ADDRESS 1128 Grand Ave, Saint Paul, Minnesota
APPOINTMENTS Sunday through Friday
WALK-INS 10:00-14:00 Friday
Services
Bullion. We offer physical silver & gold bullion: bars, rounds, and coins. We facilitate exchanges from/to national currencies and between metals.
Relational Service. You will experience service from us that is private, safe, and full of kindness. We enjoy meeting with our clients face-to-face when possible.
Exchange. We avoid the terms "buy" and "sell" since we consider bullion to be money and not a product. Examples:
- From national currency to bullion (i.e. exchange USD for XAU as gold bars).
- From bullion to national currency (i.e. exchange XAG as silver rounds for USD).
- From one metal to another (i.e. exchange silver bars for a gold bullion coin).
- From bullion one form to another (i.e. exchange 10oz silver bars for 1oz silver rounds).
Secure Storage. We assist clients in opening and utilizing secure storage accounts and safe deposit boxes at vaults & depositories: local, domestic, and international.
Tax Sheltered Accounts. We assist clients who wish to close, distribute, liquidate, modify, transfer, or open government regulated "tax sheltered/self directed" holdings of precious metals. These accounts are often related to retirement, charity, education, health care, or a first home. (US: IRA, Roth IRA, 401(k), HSA, ESA, DAF | Canada: TFSA, RRSP, FHSA, RESP).
Other Services
- Bullion verification/assay.
- Consignment or brokerage for large bullion transactions.
- Refinery conversion of non-bullion precious metals to bullion.
- Advisory services related to utilizing bullion in: community development, non-profits, business, payroll, commercial transactions, lending, etc.
- Inquire if you need an unlisted service that you think we may provide.
Denominations
These are the most common denominations and form factors of bullion that we deal in. The term "rounds" here includes rounds & coins, since they are equal in our eyes.
🜚 GOLD
Bars of Gold.
Prime collateral.
1oz, 5oz, 10oz
Rounds of Gold.
Portable wealth.
1oz, 0.5oz, 0.25oz, 0.1oz
🜛 SILVER
Bars of Silver.
Exceptional savings.
5oz, 10oz, 32oz, 50oz
Rounds of Silver.
Convenient transactions.
1oz, 0.5oz, 0.25oz
Terms
- "Sølvency Bullion Exchange" is the title of our office on Grand Ave, established in 2023. This title is not a business name, DBA, or alias and will not be found on contracts.
- "Sølvency" combines "sølv" Norwegian & Danish for silver and the financial term "solvency," meaning: to have liquidity/funds to pay one's expenses.
- "Bullion" is physical gold, silver, or other precious metal of high purity, valued by weight, and generally imprinted with the weight and purity.
- "Exchange" is a transaction where one thing is traded for another. With us, bullion transactions are currency exchanges rather than the purchase of goods/products.
- "Troy Ounce (oz, ozt)" bullion in "western" nations is usually weighed and marked according to the troy ounce which is equal to ~31.1 grams.
- "XAU, XAG, X..." Like the US Dollar (USD), Euro (EUR), and every other national currency, gold (XAU), silver (XAG), platinum (XPT), and palladium (XPD) each have an internationally recognized ISO 4217 currency code. These are the metal's chemical symbol prefixed with "X". The weight is one troy ounce per currency unit.
- Example: "10 XAG" is ten troy ounces (311g) of silver bullion.
Perspective
Silver & gold have always been trustworthy as currency, faithful as savings, and globally desired as portable wealth. Since the beginning of civilization, these metals have been vital for prudent household stewardship and an essential backbone of every market economy.
As savings, silver & gold remain valuable, portable, and beautiful without depending on electrical power, computer networks, or the integrity of any bank, business, or government.
As portable wealth, silver & gold carry substantial value in a small footprint. Take bullion in your hand and its worth follows you. This value can be transferred to another person, at anyplace and at anytime.
As currency, the trust and stability afforded by silver & gold have been vital in forming every major economy. Central banks will continue to debase currencies. Precious metals as currency is an excellent path forward. Many farmers, tradesmen, and merchants are still eager to accept gold or silver as direct payment for their goods and services.
Reviews
We desire truthful feedback and we benefit from public praise. Disputes or complaints should first be communicated directly to the offending merchant and seven days given for a response before using public reviews/ratings as a means to tarnish reputation.
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