NWTM No More

[Shinus73]

http://www.coinweek.com/education/consumer-alert/northwest-territorial-mint-bankrupt-bullion-buyers-may-lose-millions/

[matrawr]

Heard about them going bust a few weeks ago and their store front is still up so not sure what that's about because no more people would want to do business with them seeing as they owe all that money to customers etc.

[Shinus73]

Yes, it appears that my thread title was slightly hasty, as they are still in business of sorts. Should have read more thoroughly before posting.

However, it appears that they won't be around for long. A shame, as my first 1 oz and 10 oz bars were NWTM, back in the days before Alibaba allowed the widespread supply of counterfeits. I wonder if this also affected business.

I still have 3 of the fake 1 oz bars in my drawer at work, from when they first appeared on eBay.

[matrawr]

Was oddly enough a first purchase for me a 1oz bar and a fake so I could examine it. I agree it's a shame as I was thinking of getting more but they are widely counterfeited.