Vermillion Enterprises purchases gold, silver, and platinum. Coins, jewelry, and bullion. We also purchase sterling silver flatware and holloware. If you have any jewelry that you would like to sell regardless of what shape it is in or what it is, please stop in.
Hot items right now are Figaro, Curb, or Cuban chains also old class rings, herringbone necklaces, mismatched earrings, wedding bands, and tennis bracelets. We also sell gold, silver, and platinum. We always have American Gold Eagles and American Silver Eagles in stock for purchase.
In addition to being the area's largest Bullion Dealer, we are the area's PREMIER Coin Shop as well. Serving customers and dealers throughout Florida AND nationwide. From Alaska to Florida to New York to Texas. Call, Visit Us Online, or Stop By!
Vermillion Enterprises
5324 Spring Hill Drive
Spring Hill, FL 34606
(352) 585-9772
vermillion-enterprises.com
Monday - Friday: 9AM - 4PM
Saturday: 9AM - 2PM
Sunday: Closed
Пікірлер
I’m a dealer in the UK 🇬🇧 and I’ve been dealing with alot people with short attention spans. A lot new faces but loose interest fast they get the silver / gold bugs then fizzle out. . . . . . .
There is a premium on gold bullion. There are few lenders that collateralize gold. I make nothing, until I find a buyer willing to pay more than I paid. The current prices are down 4% from their all time highs.
In my very affluent area, the LCS said last week that there are now many more sellers than buyers.
My local coin shops and the culture of small men that buy metals turned me off. I still love the idea of metals, but I'll just wait for that annual show
I have 15pcs new pence and 15pcs one penny Sir how much each Sir
Thanks for video. Glad to say I’m a new member now !
Proves to me the metals are moving east as the USA drops to third world status basically.
Sir i have 2000pcs old coins from different country,first British
Wondering when fractional gold eagles will have this mystical 'lower premiums' I keep hearing about haha
ty
Have a great week!
Always enjoy the update on general market trends you guys are seeing. Thank you.!
Suggestion: bring in some different pieces. Not a lot But as a stacker it gets old with the same premium prices on the same products. Hand poured items. Bring a small amount of couple item sell through and bring some different items. Sounds like there could be opportunities out there. I appreciate your vids. But spice em up!
This guy is really good. He can sell so cheap because his brain can process lots of transactions quickly and accurately and that's not very easy. Some shop owners can't beat his prices becomes they have to work slower because counting lots of coins and bars isn't as easy as it looks. It can be downright tiring too. This shop owner is very honest to so the combination of being honest, accurate, and efficient is why he can sell so cheap. It's alot of hard work though.
A lot of people are selling 90% for spot
it’s crazy! How the govt agencies have enough people to have field agents doing spot checks on bullion dealers when less than 1% own PM’s 😂 & the %’s are so low! ….between how the banks treat them for being a cash depositing business to how the authorities treat them it’s very strange!… what do they think is going on? ….they sure can’t stop the Chinese criminal organizations from moving all the criminals money … they take great pride in being able to do large amounts … but normal ppl & normal small businesses get harassed for having a cash based business… they want to spot check random bullion dealers. Interesting. Almost seems like they don’t want us to have them. Which probably means it’s even better to have them … PM’s are the only real cold storage accepted in all countries no questions asked
It's always in demand from me. Slightly heavy on silver, so gold has my attention for the most part. If we get closer to 85:1, silver would get all my attention though. Gold is likely going much higher over the next year. So either feels like a worthy place to put savings. There are people broke, but there are people waiting for a reasonable dip as well. I love 90% silver, but I'm currently very picky about which denomination I'm purchasing at the moment. I'll admit, if I were closer to you, I'd be visiting you frequently!
Great shop to conduct business with. Brian and Tim are top tier professionals, I'll be buying more from them. Have a great Independence day.
Hi Brian and Tim. Great video as always, with discussion that you don't typically see on similar sites. One thing that current investors might keep in mind is that commercial demand from industrial users and Sovereignties is still decent, despite the fact that retail demand is at a multi-year low. The market is still governed by the large commercials, which is why silver is still at a relatively high price on the spot market. The point is that it would appear that a substantial amount of over the counter buybacks are going directly to the refiners and being converted to 1,000 ounce bars, which means that the junk silver supply is steadily shrinking. At some point, retail demand will come back, but there will be a smaller supply of numismatics and junk because of the current melt. Who knows how long this will take, but there will likely be a day when the premiums come back even as the spot prices rise.
Hey if you are seeing fewer views it is probably YT messing with you. A channel I watch called Toyota Maintenance, all of a sudden his videos stopped being recommended to non-subscribers. Cut his views by probably 2/3rds. I think YT then came back to him and wanted him to pay to be recommended. Idk all the ins and outs but like you his subscriber base was going up but views were down.
Do you charge sales tax? Also how do we take care of shipping?
Sales tax largely depends on your home State's policy on precious metal purchases. Shipping costs vary depending on the product(s) and destination. Most commonly it's a $13 USPS flat rate shipping charge.
First time being recommended your channel. I love the consistency of your hours and honest, easy to understand prices. I am going to be checking out the linked video about the difference between spot and melt. Thank you.
Jamie Diamond Is my silver lover undercover
Nice
Oh Man! Don't go away! We stackers love you guys. And this is the only source where we can get real, honest information from a man (actually 2 men) working daily in the trenches. All the other information out there on KZread is just a bunch of BS'ers trying to sell us their dishonest or overpriced stuff. I always tell people that Vermillion Enterprises has the best prices in the entire country and then reference your KZread channel. Good luck guys.
THank you sir, we appreciate it
You selling at the year ago video gold melt price $1713 ?? Lol
nice
Brian and Tim, thanks again for your insight, experience and perspective. With the current metals situation, mine is going back in the safe. I will keep on waiting,watching and anticipating.
Great info , Thanks.
Some guy did a video Sunday of the Eagles you sold them for the flash sale on 6-29-24 and they were really happy with their purchase. I made a local purchase with someone else for a $5.50 junk silver value of Mercury dimes for $120. Many of his dimes were a little slick and I think if I had been able to buy a roll of dimes from Vermillion I would have been much happier. I will save up for a purchase.
3 audits? wow. IRS making use of those new agents. Things seem to be getting worse. Sorry for you guys going through it. I wonder if you'll be seeing multiple audits each year from this point forward especially seeing they got an extra 7k out of you
1 AML, 1 ATF, 1 Insurance company.....Insurance cost me the most....LOL
@@vermillionenterprises ATF? What the heck.. You don't sell any of those 3 things
We do appreciate the content videos. The postings of price are plenty good at least in my opinion. Brian you are probably the cleanest data I’ve heard on status of the bullion markets. Most other sources are putting in opinion and hope it seems. So you insight is appreciated.
Audits = legal shakedowns
#facts
If I were in town this past weekend, I would have been all over that junk sale, sorry to have missed it. You guys have some of the best prices in the business so if you’re not selling much, I doubt others are either
Keep posting pictures of the premium board
need people to start buying then
You buy 40% Silver?
yes sir
SLV is still too high to really buy. Better to wait it out. Silver can go lower. Building my position in IBIT right now on the dips.
silver can go up and down
@@vermillionenterprises True, but that's how you make money. Volatility is your friend.
Steve in panhandle says thank you for making the video, and keeping us informed. I agree with you it will be interesting to see what happens after elections. I think no matter who gets elected economy will get ugly after elections.
Thank you sir for watching, i agree about the economy
90% junk is good 👍
#facts
Less demand in America because average middle-class Americans are tapped out. Property taxes, home insurance, car insurance, food prices etc have risen far faster than wages. This will not improve unless regulations on manufacturing are drastically cut. Asia is booming. I just spent a month in S.E. Asia and these people are moving fast, they are alert and they are making things. A country that no longer manufactures as much as before will have more poverty than before. Few people understand this. I visited a gold shop in Thailand and they had about $10 million worth of bullion jewelry lining the walls. People were in line to buy - take a number. Google it - MTS gold Bangkok. We are doomed.
Brian & Tim. Yee haw! 🎉🎉