SilverTowne History

From a cigar box under a lunch counter to a multi-million dollar business, SilverTowne has grown from a small coin shop to four retail departments under one roof. In addition to the retail showroom in historical Winchester, Indiana, SilverTowne provides a wide-selection of bullion and coins to collectors and investors nationwide through their website and catalogs.

Founded over a half century ago in 1949 by Leon Hendrickson, SilverTowne is one of the country’s largest and most respected dealers of rare coins, modern coins and precious metals. Leon and his beloved wife Ruhama prided themselves on building a company with a firm foundation of honesty and integrity. Leon always believed a person could be trusted by a handshake. To learn more about Leon and the humble beginnings of SilverTowne, check outRare Coins, Rare People – Small Town Folks Turn SilverTowne Coins Into Multi-Million Dollar Warehouse by Jan Chalfant.

Visit the SilverTowne showroom today and you’ll still find a large selection of coins and precious metals. But while you’re here, make sure to shop our other departments too! 

• First check out our numismatic supplies department, brimming with everything you need to support your coin collecting adventures, including a wide-variety of informative books.

• Next, stop by our jewelry area, fully stocked with beautiful pieces shimmering in 14kt gold, sterling silver, precious gems and diamonds. (We also offer jewelry repair services.) 

• Then make your way to our gift department where you’ll find gifts of all kinds, including many candles, crystal items, bears and much more!

• Finally, as you make your way back out towards the front of the store, spend some more time browsing our large collection of coins. You never know what you might have missed on your way in!