Texas Precious Metals (TPM) is one of the largest precious metals companies in the United States. We operate an online precious metals business as well as a retail location in Shiner, Texas, and we run a fully rated underground Class 2 vaulting and logistics center used for short-term client storage, long-term company storage, and retail packaging and shipping services. Since 2011, Texas Precious Metals has processed more than half a billion dollars in client transactions. These transactions represent more than 42,000 orders to all 50 states, accounting for more than 300,000 troy ounces of gold (9.3 metric tons) and 10 million ounces of silver (311 metric tons). Since 2015, TPM has also been the No. 1 seller of precious metals coins on Amazon.com. In 2014, Texas Precious Metals was recognized as the No. 1 “fastest growing Aggie-owned or Aggie-led business in the world” by Texas A&M University, and in 2015, Inc. Magazine named it the No. 200 Fastest Growing Private Company in America.
In 2014, to recognize its strong precious metals partnership, the government mint of Australia – The Perth Mint – issued a silver coin exclusively for commercial distribution from Texas Precious Metals. This coin is legal tender in Australia with a face value of AU$0.50. The Houston-Perth “Sister Cities” coin features offshore and onshore oil rigs showcasing the historic energy sectors of the two cities. The coin also pays homage to the flags of both Texas and Australia.
This partnership was a testament to the growing worldwide credibility of Texas Precious Metals. In 2014, Texas Precious Metals accounted for nearly 8 percent of The Perth Mint’s worldwide gold sales. No product is more closely associated with Texas Precious Metals than the “Texas Silver Round,” which in its first five years grew to become one of the most popular precious metals products in the United States. From 2013-2017, TPM sold more than 2.5 million Texas Silver Rounds into circulation, and it has established the brand as a household name for precious metals in Texas.
The Texas Silver Round became a staple in the precious metals industry by offering investors a unique value proposition. This one ounce, finely struck medallion is purer than a US Mint Silver Eagle (.9999 fine vs. .9993), less expensive by nearly $1 per ounce at the retail level, and packaged in superior boxes comprised of steel, which is distinct from the common plastic containers issued from the government mints.
Another innovation was the first ever "mini-monster box," a half-monster box comprising 250 ounces of silver, offering cost-conscious investors with a less expensive alternative to a mint-issue monster box. The Texas Silver Round's popularity was a prelude to the Texas Mint. In its five-year history, the reverse of the silver round featured a cowboy, a longhorn, a white-tailed deer, a coyote, and a bobcat, to accompany the consistent obverse of the geographic outline of the state of Texas in the background and Texas’ iconic lone star in the foreground.
In 2018, Texas Precious Metals spun off the Texas Mint as its own division with the purpose of expanding the product line and distributing these products to other national dealers. Using the Texas State Capitol as the theme for these products - a theme that will remain consistent through each subsequent year - the Texas Mint introduces one ounce gold rounds, one ounce silver bars, ten ounce silver bars, and one hundred ounce silver bars, in addition to the one ounce Texas Silver Round.
Texas Precious Metals’ mission is to provide value to customers through fanatical customer service, low premiums, superior products and easy ordering. Pure and simple.