ShulhaniOwn the asset
institutions call safe.
Shulhani deals exclusively in physical, allocated gold and silver — sourced through an established coin and precious metals dealer, delivered to you.
Tier 1 capital, explained.
Shulhani (שולחני) is Hebrew for "money changer" — literally "table man," from shulchan, "table." In Jerusalem during the Second Temple period, the shulhanim set up their tables in the outer court of the Temple to exchange foreign currency for worshippers — the same money changers referenced in Matthew 21:12. It's the historical root of the exchange banker's trade.
Under Basel III, allocated physical gold held by banks carries a 0% risk weighting and counts toward Tier 1 capital — the same tier as cash and government bonds. It's part of why central banks have kept adding to reserves.
This describes the regulatory standard for bank-held gold. It does not mean coins purchased at retail are held on a bank's balance sheet.
Gold isn't just an investment anymore — it's bank-grade capital.
For decades, gold sat in the same regulatory bucket as riskier commodities. That changed under Basel III. Regulators now treat allocated physical gold with a 0% risk weighting, letting banks count it as Tier 1 capital — the same category as cash and government bonds.
Silver tracks gold's monetary role while adding a second demand engine: solar, EVs, and AI infrastructure all consume real, physical silver.
The bottom line: the regulatory ground under precious metals has shifted. Shulhani exists to make that same asset class available to individual buyers — not as a bet, but as a foundation.
The regulatory classification that inspired our name. Central banks have been net buyers of gold for over a decade under this framework.
Institutional-Grade Standard
We deal in the same physical, allocated asset class banks use to meet capital requirements.
Established Sourcing
Every coin is purchased through Mish International Monetary Inc., a dealer with decades in business.
Transparent Pricing
Premiums over spot are shown plainly — no hidden markups.
Secure & Insured
Encrypted checkout, insured and tracked delivery on every order.
Featured coins
A sample of what we carry. Pricing is tied to spot plus a transparent premium.
American Gold Eagle (BU)
The gold standard of gold coins — literally. Backed by the full weight of the U.S. Mint, Saint-Gaudens' Liberty strides across the obverse with an eagle guarding its nest on the reverse. A cornerstone for any serious collection.
American Gold Buffalo (BU)
24-karat gold at its purest — .9999 fine, struck by the U.S. Mint. The iconic Buffalo design has been a favorite on collector and investor shelves alike since it debuted.
South African Krugerrand
The coin that launched the modern bullion movement. One of the most widely held and recognized gold coins on Earth since 1967 — Paul Kruger on one side, a bounding springbok on the other.
Tonga 10 Pa'anga — Seoul 1988 (Proof-Like, Ungraded)
The same striking "Boxing Match" design as our NGC-graded proof — King Taufa'ahau Tupou IV on the obverse — in proof-like condition at a spot-linked price. A more accessible way to own this scarce Olympic commemorative.
American Silver Eagle
America's most traded silver coin, and for good reason — Weinman's Walking Liberty is one of the most beloved designs in U.S. coinage. Only 6 of this exact 2016 prestige-condition piece remain; beyond that, available in tubes of 10 or 20.
Cook Islands "Bounty" Silver Dollar (2020)
A hard-to-find piece from Shulhani's own private collection — the HMS Bounty in full sail on the reverse, Elizabeth II on the obverse, and genuine anti-counterfeiting micro-engraving worked into the design itself.
This price isn't frozen — it moves a little with the silver market from here, the same way any silver-backed asset does. If silver trends up, this coin's price trends up with it; if silver pulls back, so does the price.
In 1789, the famous Mutiny on the Bounty against Captain William Bligh unfolded in the waters near Tonga — one of the most legendary events in maritime history. Bligh and his loyal crew were cast into a 23-foot open boat and survived an extraordinary 3,600-nautical-mile voyage to safety. Own a piece of that legend: HMS Bounty, struck in silver, ready to sail into your collection.
Availability: 3 in stock Buy Now
Cook Islands "Bounty" Silver Dollar (2021)
The same beloved Bounty design as our 2020 piece — a quiet, distinctive addition to any collection.
This price isn't frozen — it moves a little with the silver market from here, the same way any silver-backed asset does. If silver trends up, this coin's price trends up with it; if silver pulls back, so does the price.
Days after the mutiny, Bligh's small boat sought supplies on the Tongan island of Tofua — and quartermaster John Norton lost his life there on May 2, 1789, one of the saga's most sobering chapters. This coin carries that Tongan connection directly, the same islands and waters featured throughout Shulhani's own collection. History, tragedy, and legend — all struck in silver.
Availability: 3 in stock Buy Now
Somalia African Wildlife "Elephant" Silver Coin
One of Africa's most iconic animals, captured in fine silver relief. A detailed coat-of-arms obverse pairs with a beautifully rendered elephant on the reverse — from Shulhani's private collection.
This price isn't frozen — it moves a little with the silver market from here, the same way any silver-backed asset does. If silver trends up, this coin's price trends up with it; if silver pulls back, so does the price.
African elephants are the largest land mammals on Earth, prized for their intelligence, memory, and matriarchal family bonds — and increasingly rare in the wild. This coin preserves that majesty in silver, a tribute to one of Africa's most iconic and endangered animals.
Availability: only 1 available Buy Now
Tokelau "Terra" World Map Silver Coin (2022)
Hold the world in your hand — literally. A finely detailed world map wraps the reverse of this 2022 Tokelau issue, with Elizabeth II's portrait set in relief on the obverse.
This price isn't frozen — it moves a little with the silver market from here, the same way any silver-backed asset does. If silver trends up, this coin's price trends up with it; if silver pulls back, so does the price.
Tokelau is one of the smallest territories on Earth — three tiny atolls in the South Pacific with a population under 1,500. This coin, struck with a finely detailed world map, connects one of the world's most obscure nations to a truly global design. A conversation piece as rare as the place that issued it.
Availability: only 1 available Buy Now
Armenia "Noah's Ark" Silver Coin
A coin with a story as old as scripture — Noah's Ark rides the waves across the reverse of this Armenian 500 Dram, paired with the nation's own coat of arms.
This price isn't frozen — it moves a little with the silver market from here, the same way any silver-backed asset does. If silver trends up, this coin's price trends up with it; if silver pulls back, so does the price.
Tradition holds that Noah's Ark came to rest on Mount Ararat — in what was once historic Armenia. This coin carries that ancient story in silver, linking a nation's identity to one of the oldest tales in scripture. Faith, history, and fine silver, struck as one.
Availability: 20 in stock Buy Now
Samoa "Seahorse" Silver Coin (2019)
An ornate, wave-swept seahorse curls across the reverse of this 2019 Samoan issue — ocean life rendered in fine .999 silver.
This price isn't frozen — it moves a little with the silver market from here, the same way any silver-backed asset does. If silver trends up, this coin's price trends up with it; if silver pulls back, so does the price.
Seahorses are among the ocean's most unusual creatures — males carry the young, and pairs are famously monogamous for life. This ornate, wave-swept design captures that quiet devotion in silver, a fitting symbol for a piece meant to be kept, not spent.
Availability: 2 available Buy Now
Tonga "Swimming" 5 oz Silver Coin (1988)
A substantial five troy ounces of fine silver, commemorating the XXIV Olympiad's swimming events. King Taufa'ahau Tupou IV — Tonga's monarch, and an ordained reverend of the church — anchors the obverse, making this scarcer, larger-format piece a rare pairing of royal and religious history you can hold in your hand.
This price isn't frozen — it moves a little with the silver market from here, the same way any silver-backed asset does. If silver trends up, this coin's price trends up with it; if silver pulls back, so does the price.
Fitting words from a king who was also a reverend of the church — words he likely once preached himself: "Thou hast tried us, as silver is tried." — Psalm 66:10
Availability: only 1 available Buy Now
Panama-Pacific Exposition 2 oz Silver Round
A tribute to one of history's great World's Fairs — the Panama-Pacific Exposition — in a two-ounce octagonal silver round. A helmeted figure and a watchful owl make this a genuine conversation piece.
UK "Year of the Pig" £100 Gold Coin (2019)
Rare and genuinely sought after — a British Royal Mint £100 gold coin from the Lunar series, celebrating the Year of the Pig with the full backing of the Royal Mint. From Shulhani's private collection.
This price isn't frozen — it moves a little with the gold market from here, the same way any gold-backed asset does. If gold trends up, this coin's price trends up with it; if gold pulls back, so does the price.
In the Chinese zodiac, the Pig represents prosperity, generosity, and good fortune — a fitting theme for a British Royal Mint gold coin. Struck in the UK's prestigious Lunar series, this piece pairs Eastern symbolism with the full weight and trust of the Royal Mint.
Availability: only 1 available Buy Now
Fiji "Taku" Silver Turtle
An intricately carved sea turtle glides across the reverse of this hard-to-find Fijian issue — a quietly beautiful piece for the collector who wants something different.
This price isn't frozen — it moves a little with the silver market from here, the same way any silver-backed asset does. If silver trends up, this coin's price trends up with it; if silver pulls back, so does the price.
In Fijian and broader Pacific tradition, the sea turtle symbolizes longevity, navigation, and protection on long journeys — values every collector can appreciate. This intricately carved design brings that Pacific symbolism to a piece built to last generations.
Availability: 2 available Buy Now
Tonga 10 Pa'anga — Boxing Match, Graded Proof
The pinnacle grade a coin can achieve — PF 70 Ultra Cameo, certified by NGC. This 1988 Tonga "Boxing Match" commemorative (cert #4714249-002) doesn't get any better than this.
This price isn't frozen — it was set today and will rise or fall a little with the gold market from here, the same way any gold-backed asset does. If gold trends up, this coin's price trends up with it; if gold pulls back, so does the price.
As the old saying goes — a bird in the hand is worth two in the bush. A coin you're holding today is worth more certainty than one you're still deciding on tomorrow.
Buy NowAmerican Eagle pricing
Priced live off spot (shown above) plus a premium — Gold Eagles at 10%, Silver Eagles at 35%. Year of issue is randomly assigned from available inventory — request a specific year at checkout, subject to availability. Gold tube quantities (10 or 20 coins) are by-appointment purchases only — see Purchase Limit policy below.
Random-year lots may include earlier years mixed in with recent mintages. All years carry the same metal content and purity, so pricing is the same regardless of which year you receive.
| Product | Package | Metal Content | Spot + 10% |
|---|---|---|---|
| American Gold Eagle · Random year, e.g. 2019 · Spot + 10% | |||
| 1 oz Gold Eagle (BU) | Single | 1 oz | $4,466.20 |
| 1 oz Gold Eagle (BU) | Tube of 10 | 10 oz | $44,661.98 |
| 1 oz Gold Eagle (BU) | Tube of 20 | 20 oz | $89,323.96 |
| American Silver Eagle · Spot + 35% | |||
| 1 oz Silver Eagle (BU, 2016, prestige condition — only 6 available) | Single | 1 oz | $79.66 |
| 1 oz Silver Eagle (BU, random year/condition) | Tube of 10 | 10 oz | $796.64 |
| 1 oz Silver Eagle (BU, random year/condition) | Tube of 20 | 20 oz | $1,593.27 |
Formula: (spot price × troy oz) + premium. Prices on this page update automatically from a live spot feed (gold-api.com) every 60 seconds — no manual updates needed. If the feed is ever unreachable, the page falls back to the last known prices rather than breaking. Random-year assignment should be replaced with actual in-stock year(s) before launch.
Sales Tax
Calculated at checkout based on the buyer's state. Many states exempt investment-grade bullion above a minimum purchase amount or purity — confirm your state's threshold before publishing a fixed rate.
Insurance
Base coverage is standard insurance issued by USPS on every shipment. Orders whose value exceeds standard USPS coverage can add extra insurance at checkout to cover the full order value.
Order Total
Final total = coin price(s) + sales tax + shipping (by weight, below). All orders ship fully insured with tracking.
Shipping & carrier fee reference — based on UPS 2026 rates
Modeled on UPS's 2026 Declared Value fee formula: first $100 of value free, $100.01–$300 flat $5.10, and $1.70 per additional $100 (rounded up) above $300.
⚠️ Important: UPS's own tariff excludes coins, cash, and raw bullion (over 50% gold/platinum by weight) from shipment terms and from Declared Value coverage — a claim on a lost coin shipment would likely be denied as an excluded commodity, regardless of the fee paid. The figures below are a cost-modeling reference only, not a representation that UPS insures these shipments. Shulhani's actual insurance is obtained through postage (USPS), which does not carry the same blanket exclusion on coins that UPS does — see the Insurance policy below for how base and additional coverage work. USPS Registered Mail in particular is built for high-value/precious items. UPS's declared-value cap is also $50,000 per package ($70,000 with Enhanced approval), so higher-value orders (e.g. a 20-coin gold tube) would exceed what UPS covers even in principle.
| Order Value | Example | UPS Declared Value Fee |
|---|---|---|
| Up to $100 | Single Silver Eagle ($79.66) | $0 (included) |
| $100.01 – $300 | — | $5.10 flat |
| $300 – $1,700 | Silver tube of 20 ($1,593.27) | $27.20 |
| $300 – $4,500 | Single Gold Eagle ($4,466.20) | $76.50 |
| $300 – $44,600 | Gold tube of 10 ($44,661.98) | $758.20 |
| Over $50,000 | Gold tube of 20 ($89,323.96) | Exceeds UPS's declared value cap — not coverable via standard UPS service |
Authenticity & sourcing
Every coin sold on Shulhani is sourced through a trusted, established dealer — not anonymous marketplaces or unverified sellers.
- Source Shulhani purchases coins from Mish International Monetary Inc., an established rare coin and precious metals dealer, affiliated with PCGS and NGC.
- Authentication The Tonga 10 Pa'anga Graded Proof ("Boxing Match" design, XXIV Olympiad Seoul 1988) is certified PF 70 Ultra Cameo by NGC — the highest possible proof grade — cert #4714249-002, verifiable at NGCcoin.com. Coins that aren't independently graded are inspected for weight, purity, and mint markings before listing.
- Chain of custody Coins are stored securely from purchase through shipment, with standard insurance issued by USPS covering every shipment in transit.
- Guarantee Metal content and authenticity are guaranteed both by the coin itself (as struck by its issuing mint) and by Mish International Monetary Inc., our sourcing partner.
About Shulhani
Shulhani (שולחני) is Hebrew for "money changer" — literally "table man," from shulchan, "table." In Second Temple-era Jerusalem, the shulhanim set up their tables in the outer court of the Temple to exchange foreign currency for worshippers, the same money changers described in Matthew 21:12. It's the historical root of the exchange banker's trade — and the reason our by-appointment location is named Outer Courts.
Today, Shulhani is a private dealer specializing in physical gold and silver coins for investors and collectors. Standard online purchases are typically single coins or small quantities, generally under $10,000 — larger transactions, like our gold tubes of 10 or 20 coins, are handled by appointment at Outer Courts.
Our name and positioning are also inspired by a modern banking standard: under Basel III, allocated physical gold is treated as a Tier 1, 0%-risk-weighted capital asset by financial institutions. We believe that same quality — tangible, durable, globally recognized value — makes gold and silver a smart addition to an individual's portfolio too.
Central banks have been steadily accumulating gold for over a decade, a trend that accelerated further with the regulatory shift under Basel III. We make that same asset class accessible to individual buyers, with transparent pricing, verified sourcing, and secure transactions.
Shulhani is a private precious metals dealer, not a chartered bank. "Exchange" in our name refers to the historical trade of money changing, not a claim to be a financial institution.
Payment, privacy & delivery
Payment
We accept PayPal and standard credit/debit card payment, processed through secure, encrypted checkout.
Insurance
Every order ships with standard insurance issued by USPS included in the base shipping cost. For orders whose value exceeds standard USPS coverage, additional insurance can be purchased at checkout to cover the full order value.
Privacy
We protect customer information and do not sell data to third parties. Shulhani complies with applicable federal and state reporting requirements for precious metals dealers.
Returns & Delivery
Returns are accepted within 30 days of delivery. Returns are priced at the spot price on the day and time the coin was originally purchased — not the spot price at the time of return. The premium, tax, and shipping/insurance charges paid at the time of purchase are already spent and are not refundable. Returned coins must be undamaged and in the same condition as shipped.
Random Year Selection
American Eagle orders are fulfilled from available inventory and may include earlier years mixed in with recent mintages. All years carry the same metal content and purity, so pricing does not change based on year received.
Purchase Limit — Gold Coins
As a private dealer, Shulhani keeps standard online orders limited to one (1) gold coin per order — generally under $10,000. Multiple-coin quantities (tubes) can be viewed and purchased by appointment only, at 735 Green St., East Palo Alto, CA 94303 (Outer Courts), Monday–Friday 9:00am–5:00pm, Saturday 10:00am–2:00pm (closed Sunday). Book an appointment →
Transactions at or above $10,000 — online or in person, including cash — are subject to federal reporting requirements (IRS Form 8300) regardless of order size or transaction type. Shulhani does not offer confidentiality from applicable reporting obligations, and does not structure transactions to avoid them.
What buyers say
We're a private dealer built on trust — and nothing builds trust like hearing from real customers.
"Brian is a nice and friendly dealer of precious metals. I was purchasing gold and silver from him and met him at a local church here in East Palo Alto — he was honest and down to earth. You'll get a fair, good deal when you take the time to chat with him. It was truly my honor to meet a local precious metals dealer like Brian."— Regal L., verified buyer
Bought from Shulhani? We'd love to feature you too
Every review helps the next collector or investor feel confident buying with us. Tell us about your coin, your experience, or both — takes less than a minute.
Share Your ExperiencePlacing an order
- Choose your coin. Browse the Shop or Featured Coins and click Buy Now — the item comes pre-filled into the order form here.
- Submit your order details. Fill in your shipping address and preferred payment method (PayPal or credit/debit card) below.
- Get an on-screen order summary. After submitting, this page shows a confirmation summarizing exactly what you requested — item, price basis, and next steps — and opens an email to us with the same details.
- We confirm final price by email. Because gold and silver move throughout the day, we'll email you back to confirm the exact spot-locked price before payment is collected — this protects you from us charging a stale price.
- Pay securely. Once confirmed, you'll receive a payment link (PayPal or card) for the exact amount, including tax and shipping/insurance.
- We ship and confirm again. You'll get a shipping confirmation email with tracking once your order goes out, insured.
Gold tube purchases (10 or 20 coins) follow the same process but are completed by appointment at 735 Green St., East Palo Alto, CA 94303 (Outer Courts), Monday–Friday 9:00am–5:00pm, Saturday 10:00am–2:00pm (closed Sunday).
Prefer to talk it through first? Email bfinefeuiaki@shulhani.com or call 1 (650) 642-6028.