BUYING PRECIOUS METALS and Choosing the RIGHT Dealer is Never Black & White.

However, after you eliminate all of the marketing hype and sales traps, buying Gold and Silver can be much less complicated.

My name is John Maben and I am the owner of Pegasus Coin & Jewelry. I've been in the business of buying and selling precious metals along with rare coins and unwanted gold jewelry full time since 1978. I was the owner of an internet based coin and precious metals company that had 42 employees with over 100 million in sales annually until I sold that business in 2015. I was also a grader at PCGS and a grading Finalizer and Vice President at Numismatic Guaranty Corporation (NGC). As a member of the prestigious Professional Numismatists Guild (PNG) since 1985, I sat on the board of that organization for two years and was instrumental in creating the PNG sub-organization - Accredited Precious Metals Dealers (APMD) of which I am a founding member. Enough about me, but if you want to learn more Google me and look at our Google Reviews.

During times of uncertainty, inflation, and questions surrounding the ability of the U.S. Dollar to retain its place as the world currency of choice, more and more people are turning to Gold, Silver, and Platinum to better balance their portfolio. The biggest questions are, “Where do I go?” and “Who do I trust”? Unfortunately, many immediately turn to the companies they hear advertising on the radio and cable networks assuming they are legitimate and reputable because they are on air and often have paid celebrities - even the show hosts themselves - attesting to their practices. BE CAREFUL!!! Also, NEVER put precious metals into an IRA until you know the reasons why you should not do so!

I have been around a long time and I know just about everyone, but I don’t know 95% of the countless companies advertising heavily on air. It is well known among insiders that the vast majority claiming to be #1, trust verified, the largest, are none of the above. They are marketing companies with dozens of scripted salesmen who sit in a room filled with cubicles. They may or may not be commissioned but they all have high pressure sales goals and we’ve had clients tell us they will say almost anything to potential clients, especially what they want to hear in order to gain trust. Most have almost no hands on or earned knowledge, in fact you could be speaking with someone that was working in a convenience store or selling cars the week before. These companies will typically do a fair deal on the first transaction and then relentlessly hound the customer to make more purchases that are far higher yielding in profits. We’ve seen instances of pricing that by industry norms were 40% to 100% too high in a business where most bullion transactions should yield between a 2% and 10% profit to the dealer.

Why trust a stranger in another state who you’ve never met that works for a company that is a BIG UNKNOWN?

Along with my staff of experts, we have over 150 years of combined buying and selling experience. Large transactions are our specialty, but we don’t shut anybody out. We routinely will price match two of the largest precious metals online dealers but our buy and sell prices are usually better in the first place. Many clients drive from all parts of Florida because they like our prices and the way we do business. The environment is safe and first class inducing an immediate comfort level when you enter our conveniently located store.

When buying or selling bullion or a coin collection, stop in or call us at 941-725-6100

7230 55th Ave E., Bradenton FL 34203 Located at 1-75 & SR70 in Twelve Oaks/Publix Plaza