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Precious metals dealer coming to Jamestown

Jack Seaman

A Fargo store specializing in buying and selling gold, silver and coins is opening a Jamestown location.

With no similar business in the area, MinDak Gold Exchange owner Jack Seaman said he wanted his second store to be a Jamestown branch that will open Oct. 7 in suite 130 of the Village Suites building at 206 1st Ave. S. The Fargo store will remain open weekdays and the Jamestown store will be open 10 a.m. to 2 p.m. Saturdays, he said.

“I have been in customer service and sales my whole life,” Seaman said. “I enjoy meeting people and we never know what people are going to bring in the store each day and that makes work a lot of fun.”

Seaman began working in precious metals in 2010 and opened his own store with manager Ashley Schaffer in 2012.

“I am a precious metals dealer and I deal exclusively in gold, silver and coins,” Seaman said. “Nobody else in Jamestown does anything close to what I do.”

Seaman said his five year-old company has a five star Google rating that is based on market rate transactions and customer satisfaction.

“In this business reputation is everything,” Seaman said. “I don't take it lightly and the customers can expect honest and transparent dealings with me and my business in Jamestown.”

People tend to become more interested in gold and silver investments when an uncertain political or economic environment gives doubt to paper assets, he said. Precious metals are a way to protect wealth when people believe the risks are too high for other types of investment, he said.

People want to know what precious metals are worth before selling them, Seaman said. There is a daily market rate for buying or selling gold and silver and that rate is provided to the customer, he said.

There are market rate metals value and a collector value rate, he said. A coin or jewelry piece may have a numismatic value that is higher than the market rate of the metal, he said.

Gold and silver items that the business will purchase from customers include coins, bars, ingots, jewelry, watches and even dental gold, he said. Bring an item in for a free estimate, he said.

There are also gold and silver items for sale, he said. The prices range from $10 on up, he said.

For more information, call 701-371-5331 or visit