Golden State Mint
Golden State Mint is a privately held, family-owned mint in Sanford, Florida that mints and sells .999 fine silver, gold, copper, platinum, and palladium bullion directly to individual investors, collectors, IRA allocators, and international buyers via its own e-commerce website.
- Company typePrivate
- Founded1986
- HeadquartersSanford, United States
- Headcount11–50
- GTM typeB2C
- OfferingHardware or Manufacturing
What Golden State Mint does
Golden State Mint, LLC is a privately held, family-owned precious metals mint and direct-to-consumer bullion retailer headquartered in Sanford, Florida. Founded approximately in 1986 (with the company referencing 40 years of experience), the firm operates an ISO 9001-certified in-house minting and refining facility producing .999 fine silver, gold, copper, platinum, and palladium bullion in the form of rounds, bars, and coins. Its product catalog spans more than 500 active SKUs across core metal categories and a portfolio of sub-brands including Silver Shield, Bull & Bear, Crescent City Silver, and the MiniMintage limited-edition series, with themed collections covering patriotic, cryptocurrency, lunar zodiac, and artistic motifs. The company sells exclusively through its own e-commerce website and phone ordering, ships domestically with free shipping on orders over $199 and internationally to more than 30 countries, and secures all shipments with Lloyd's of London transit insurance.
The business model is one-time transactional sales of physical bullion priced at spot metal value plus a premium that varies by product, weight, and mintage scarcity. There is no subscription or recurring revenue component. Premiums are lower on high-volume standard bullion and higher on limited-mintage proofs and themed series, which provides a margin lever toward collector and IRA-eligible buyers. Customer segments center on individual precious-metals investors, bullion collectors, IRA allocators, and international buyers; the firm supports the IRA channel through partnerships with third-party Precious Metals IRA administrators. Marketing is executed through a digital-first mix: an e-commerce platform with real-time spot pricing, an affiliate/referral program, curated endorsements from precious-metals commentators, and a multi-platform social media presence. The company is operated by owner Jim Pavlakos alongside his son Andrew Pavlakos, with no disclosed institutional capital, no funding rounds, and no M&A activity on record.
Golden State Mint firmographics
Firmographics- Name
- Golden State Mint
- Legal name
- Golden State Mint, LLC
- Website
- https://goldenstatemint.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Golden State Mint is a privately held, family-owned mint in Sanford, Florida that mints and sells .999 fine silver, gold, copper, platinum, and palladium bullion directly to individual investors, collectors, IRA allocators, and international buyers via its own e-commerce website.
- Ownership category
- akta.pro rank
Golden State Mint industry classification
Industry- Product category
- Precious Metals Bullion
- NAICS
- Jewelry and Silverware Manufacturing (33991)
- SIC
- Jewelry, Precious Metal (3911), Miscellaneous Primary Metal Products (3390)
- akta.pro primary industry
- Precious Metals Minting & Bullion Products (IMAKAEAJ)
- akta.pro secondary industry
- Precious Metals Smelting & Refining (IMAKAEAE)
Keywords
Where Golden State Mint is headquartered
LocationHeadquarters
- HQ city
- Sanford
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Golden State Mint business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Precious Metals Product Sales: One-time transaction sales of precious metals bullion including silver, gold, copper, platinum, and palladium in various forms (rounds, bars, coins). Products are priced based on spot metal prices plus a premium. No subscription or recurring revenue model.
- Supplies & Accessories: Sale of storage and packaging products including capsules, tubes, display boxes, and presentation cases for coins, rounds, and bars.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Standard Bullion Products |
| Unit Pricing | Pay-as-you-go | MiniMintage Limited Edition Products |
| Unit Pricing | Pay-as-you-go | IRA Qualified Products |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels11 records
Golden State Mint product offering
Product offeringCore offering
Golden State Mint is a full-service private mint that manufactures and directly sells precious metals bullion products — silver, gold, copper, platinum, and palladium in the form of rounds, bars, and coins — to retail customers through its e-commerce website and phone orders. The mint also offers IRA-eligible precious metals and themed collectible collections such as Silver Shield, Bull & Bear, and limited mintage proofs.
Product overview
Golden State Mint is a full-service mint and direct-to-consumer precious metals retailer offering a comprehensive portfolio of bullion products. The core offering spans four primary metal categories: Silver (rounds, bars, coins with 274+ products), Gold (coins, bars, rounds with 70+ products), Copper (rounds with 192+ products), and Platinum & Palladium. Product sub-brands include Bull & Bear Collection, Silver Shield Collection (with MiniMintage limited releases), and themed Collections (Cryptocurrency, Lunar New Year Zodiac, Buffalo, Walking Liberty, Aztec Calendar, Frank Frazetta, and more). Add-on services include a Precious Metals IRA program for retirement account investing and Supplies & Accessories for storage/display. The company emphasizes mint-direct purchasing to eliminate middlemen, offering competitive pricing with free shipping on orders over $199.
Differentiator
Problem solved
Functional benefit
Brands
- Silver Shield Collection: A branded collection of silver rounds and bullion products featuring patriotic and freedom-themed designs.
- Crescent City Silver
- Bull & Bear Collection
- MiniMintage
Products and services
- Silver Bullion Products Full range of .999 fine silver bullion including rounds, bars, and coins in sizes from 1 oz up to 100 oz and various themed designs, sold directly to retail investors and collectors.
- Gold Bullion Products Comprehensive selection of gold bullion including government-mint coins (American Gold Buffalo, American Gold Eagle, Canadian Gold Maple Leaf, Australian Gold Kangaroo, Chinese Gold Panda) and bars from major refiners (PAMP Suisse, Valcambi, Perth Mint, Argor-Heraeus) in weights from 1 gram to 10 oz.
- Copper Bullion Products .999 fine copper bullion rounds in multiple designs mirroring classic silver themes (Buffalo, Morgan, Saint-Gaudens, Lincoln Wheat) plus limited series and themed rounds, available in 1/4 oz, 1/2 oz, 1 oz, 2 oz, and 5 oz sizes.
- Platinum & Palladium Products Platinum and palladium coins and bars including Canadian Platinum Maple Leaf, Canadian Palladium Maple Leaf, and bars from various refiners (Valcambi, PAMP Suisse).
- Bull & Bear Collection Signature branded collection of rounds and bars depicting Bull and Bear market symbols, available in silver and copper in fractional sizes (1/10 oz, 1/4 oz, 1/2 oz) and 1 oz, 2 oz, 5 oz, and 10 oz options.
- Silver Shield Collection Limited mintage silver rounds featuring liberty and freedom-themed designs, including proof finishes and special releases through the MiniMintage program.
- Precious Metals IRA Program Self-directed Precious Metals IRA service enabling account holders to invest in physical gold and silver meeting IRS fineness requirements (.999 or higher), coordinated with third-party IRA administrators for account setup and asset transfer.
- Supplies & Accessories Storage and packaging products including capsules, tubes, display boxes, velvet gift bags, and presentation boxes for coins, rounds, and bars in various sizes.
- U.S. 250th Anniversary Collection Commemorative silver and copper rounds celebrating America's 250th anniversary, available in six variants across 1, 2, and 5 troy ounce sizes in .999 fine silver and copper, featuring Statue of Liberty, U.S. Capitol, Mount Rushmore, Liberty Bell, and bald eagle designs.
Quantifiable outcome
- 40 years in precious metals minting and refining business
- +3 more outcomes
Companies that use Golden State Mint
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Golden State Mint technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Feature3 records
Golden State Mint partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered supportive, core, endorsement and community.
- IRA AdministratorssupportiveGolden State Mint works with various administrators of Precious Metals IRAs to facilitate customer purchases of physical silver and gold within retirement accounts. The IRS prohibits most banks and brokerages from holding Precious Metals IRAs, making these administrators essential partners for IRA investors.
- Lloyd's of LondoncoreAll shipments are insured through Lloyd's of London. This private insurance coverage ensures packages are protected during transit, with handlers unaware of valuable contents due to discreet packaging.
- David Morgan (The Morgan Report)endorsementPrecious metals analyst and commentator who endorses Golden State Mint as a preferred dealer and features their products in his coverage.
- Silver Shield CommunitycommunityDedicated Silver Shield collection community with global customers (e.g., Australia-based resellers). These community members help spread awareness and resell Silver Shield rounds internationally.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Golden State Mint competitors and assessment
Company assessmentDirect peers
- Provident Metals: Provident Metals is an online precious metals retailer specializing in gold, silver, and copper bullion with strong promotional pricing and a wide product assortment. It is a direct competitor to GSM's core catalog and pricing-led positioning.
- Scottsdale Mint: Scottsdale Mint is a US private mint producing silver, gold, and copper bullion with distinctive designs and limited-edition collectible lines. Its product strategy around themed collectible rounds parallels GSM's Silver Shield and MiniMintage sub-brands.
- SilverTowne: SilverTowne is a US private mint and online bullion retailer producing its own silver rounds and bars while reselling sovereign coins. Its vertically integrated private-mint-plus-retail model is structurally similar to Golden State Mint.
- APMEX: APMEX (American Precious Metals Exchange) is one of the largest US online precious metals retailers offering gold, silver, platinum, and palladium coins, bars, and rounds. It is the dominant scale competitor to Golden State Mint in the direct-to-consumer bullion channel.
- Monarch Precious Metals: Monarch Precious Metals is a US private mint producing handcrafted .999 silver and copper bullion rounds with artisanal designs. It is a comparable small-scale private mint competing in the collectible-rounds niche.
- Money Metals Exchange: Money Metals Exchange is an online precious metals dealer offering gold, silver, platinum, and palladium bullion with a focus on competitive pricing and customer education. It is a direct competitor to GSM in the DTC e-commerce bullion channel.
- JM Bullion: JM Bullion is a major US online precious metals dealer carrying a broad assortment of gold, silver, copper, platinum, and palladium bullion. It competes head-on with GSM for retail investors and offers a comparable direct-to-consumer fulfillment model.
Broad incumbents
- PAMP Suisse: PAMP Suisse is a leading Swiss precious metals refiner and mint producing investment-grade gold, silver, platinum, and palladium bars. GSM resells PAMP Suisse products but PAMP also competes at the high-end mint segment where brand prestige matters.
- Sunshine Minting: Sunshine Minting is one of the largest US precious metals refiners and private mints, supplying blanks and finished bullion globally to other dealers and mints. It competes with GSM in private-mint bullion but operates at substantially greater scale as a refiner.
- Royal Canadian Mint: The Royal Canadian Mint is a sovereign mint producing Maple Leaf coins in gold, silver, platinum, and palladium that GSM resells. It represents the sovereign-mint benchmark that competes for the same retail-bullion wallet as private mints like GSM.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Golden State Mint social profiles
Digital presenceGolden State Mint compliance and trust
Trust signalCompliance3 records
Golden State Mint financial estimates
Financial estimateRevenue estimate
Valuation estimate
Golden State Mint leadership team
Management profileNumber of profiles
Profiles2 records
Golden State Mint funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Golden State Mint M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Golden State Mint
What does Golden State Mint do?
Golden State Mint is a full-service private mint that manufactures and directly sells precious metals bullion products — silver, gold, copper, platinum, and palladium in the form of rounds, bars, and coins — to retail customers through its e-commerce website and phone orders. The mint also offers IRA-eligible precious metals and themed collectible collections such as Silver Shield, Bull & Bear, and limited mintage proofs.
Is Golden State Mint a public or private company?
Golden State Mint is a private company. It is classified as family owned and is currently operating.
When was Golden State Mint founded?
Golden State Mint was founded in 1986. It employs 11 to 50 people.
Where is Golden State Mint based?
Golden State Mint is headquartered in Sanford, United States, in the North America region.
How does Golden State Mint make money?
Two revenue lines are on record. Precious Metals Product Sales are the primary driver. The others are supplies & Accessories.
Who are Golden State Mint's main competitors?
Direct peers on record are Provident Metals, Scottsdale Mint, SilverTowne, APMEX, Monarch Precious Metals, Money Metals Exchange and JM Bullion. Broad incumbents are PAMP Suisse, Sunshine Minting and Royal Canadian Mint.
Does Golden State Mint have an API?
No public API is recorded for Golden State Mint.
What industry is Golden State Mint in?
Golden State Mint's product category is Precious Metals Bullion. Its primary akta.pro industry code is IMAKAEAJ, Precious Metals Minting & Bullion Products, with a secondary code of IMAKAEAE, Precious Metals Smelting & Refining. Its NAICS code is 33991 and its SIC code is 3911.