Pinellas Coins and Bullion Reviews: Legit or Not? Find Out Here

7.3/10 (Expert Score)
Product is rated as #207 in category Dealers
7.3Expert Score
Pinellas Coins and Bullion

They are a well-reputed coin dealer with a specialization in rare numismatic coins.

Trust
7
Fees
7
Customer Service
7.5
Reputation
7.5
Pros
  • Reputable Standing
  • Diverse Inventory
  • Active Online Presence
Cons
  • Recent Establishment
  • Limited Customer Feedback

Pinellas Coins and Bullion: Unique Highlights Overview

Pinellas Coins and Bullion is a trusted name in the precious metals industry, serving the Pinellas County area and beyond with high-quality products and services. Specializing in gold, silver, platinum, and rare numismatic coins, the company has built a reputation for transparency, fair pricing, and exceptional customer service. Whether you’re an investor, a collector, or someone looking to sell precious metals, Pinellas Coins and Bullion offers a variety of unique highlights that set it apart from the competition.

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Wide Selection of Precious Metals


Pinellas Coins and Bullion offers an extensive inventory of gold, silver, platinum, and palladium products to meet the needs of investors and collectors alike.

Their offerings include bullion coins such as American Gold Eagles, Canadian Maple Leafs, and South African Krugerrands, as well as gold and silver bars in a range of sizes.

The company also caters to collectors with a diverse selection of numismatic coins, including rare and historical pieces that appeal to enthusiasts and investors seeking long-term value.

Competitive Pricing and Transparency
One of the standout features of Pinellas Coins and Bullion is their commitment to transparent pricing.

The company aligns its prices with live market rates, ensuring clients receive accurate valuations for buying or selling precious metals.

They maintain competitive premiums on bullion products, making them an attractive option for investors looking to maximize their returns. Additionally, the company provides detailed explanations of fees, ensuring a smooth and trustworthy transaction process.

Exceptional Customer Service
Customer satisfaction is a cornerstone of Pinellas Coins and Bullion’s business philosophy. The knowledgeable staff provides personalized assistance, helping clients make informed decisions about their investments or collections. Whether you’re a seasoned investor or new to precious metals, the team offers guidance tailored to your goals. They also provide free appraisals and consultations, ensuring clients feel confident in their choices.

Expertise in Rare Coins
For numismatists, Pinellas Coins and Bullion is a treasure trove of rare and collectible coins. The company’s selection includes U.S. and international coins with historical significance, unique designs, and high market value. Their expertise in numismatics ensures that collectors receive accurate information about the rarity, condition, and worth of each piece.

Convenient Buyback Services
In addition to selling precious metals, Pinellas Coins and Bullion offers competitive buyback services. Whether you’re looking to liquidate your gold, silver, or other precious metals, the company provides fair market evaluations and prompt payments. This service is especially valuable for clients who want to capitalize on favorable market conditions.

Secure Transactions and Trustworthy Reputation
Pinellas Coins and Bullion has built a solid reputation for reliability and ethical practices. Their emphasis on secure transactions, authenticity guarantees, and compliance with industry standards ensures peace of mind for every client. The company’s consistent positive feedback from customers further underscores its commitment to excellence.

Why Choose Pinellas Coins and Bullion?

  • Diverse Inventory: Offers a comprehensive range of bullion, coins, and precious metals products.
  • Fair Market Pricing: Transparent pricing based on live market rates ensures clients get the best value.
  • Personalized Service: Knowledgeable staff provide tailored advice and free appraisals.
  • Numismatic Expertise: Specializes in rare coins, making it a top choice for collectors.
  • Reputation for Integrity: Maintains a track record of ethical practices and secure transactions.

Thus, Pinellas Coins and Bullion is a premier destination for anyone interested in precious metals or rare coins. Their wide selection, competitive pricing, and personalized service make them a standout in the industry. Whether you’re investing in gold and silver, selling your precious metals, or expanding your numismatic collection, Pinellas Coins and Bullion offers the expertise and resources to help you achieve your goals. With a reputation built on trust and quality, they are a reliable partner for all your precious metals needs.

What is the Pinellas Coins and Bullion?

Pinellas Coins and Bullion is a trusted dealer of precious metals and rare coins, serving the Pinellas County area and beyond. Specializing in gold, silver, platinum, and palladium, the company caters to investors, collectors, and individuals looking to buy or sell precious metals. Known for its transparency, competitive pricing, and exceptional customer service, Pinellas Coins and Bullion has established itself as a reliable partner in the precious metals market.

Products and Services Offered
Pinellas Coins and Bullion provides a comprehensive selection of products and services to meet the diverse needs of its clientele. These include:

  • Bullion: The company offers a wide range of gold, silver, platinum, and palladium products, including coins and bars in various sizes. Popular options such as American Gold Eagles, Canadian Maple Leafs, and South African Krugerrands are readily available.
  • Numismatic Coins: Collectors can explore a curated selection of rare and historical coins, including U.S. and international pieces.
  • Buyback Services: For those looking to sell precious metals, Pinellas Coins and Bullion provides competitive buyback pricing based on live market rates.
  • Appraisals: The company offers free evaluations for coins, bullion, and other precious metals, ensuring clients receive accurate and fair valuations.
  • Custom Orders: Clients seeking specific items or unique products can work with the company to place custom orders tailored to their needs.
logo of Pinellas Coins and Bullion

Why Choose Pinellas Coins and Bullion?
Pinellas Coins and Bullion has earned a reputation for its dedication to customer satisfaction and ethical business practices. Their knowledgeable staff provides expert guidance, helping clients navigate the complexities of precious metals investing and coin collecting. Whether you’re a seasoned investor or new to the market, the team offers personalized advice to ensure informed decisions.

The company also emphasizes transparency, using live market rates to determine pricing and communicating all fees. This approach builds trust and fosters long-term relationships with clients. Additionally, their expertise in rare coins makes them a go-to destination for numismatists seeking valuable additions to their collections.

Reputation and Integrity
Pinellas Coins and Bullion is recognized for its commitment to integrity and professionalism. Their secure transactions, authenticity guarantees, and compliance with industry standards ensure peace of mind for every client. Positive reviews and repeat customers highlight the company’s standing as a reliable and trustworthy partner in the precious metals market. 

Thus, Pinellas Coins and Bullion is more than just a precious metals dealer—it’s a trusted resource for investors and collectors seeking high-quality products and expert guidance.

With its diverse inventory, competitive pricing, and customer-focused approach, the company provides value and confidence to all its clients.

Whether you’re buying, selling, or exploring the world of rare coins, Pinellas Coins and Bullion is a dependable choice for your precious metals needs.

Who are the People Behind Pinellas Coins and Bullion?

Pinellas Coins and Bullion, a reputable precious metals dealer based in Pinellas Park, Florida, is owned and operated by Jake Lutz. The company was incorporated on November 16, 2023, as a Florida Limited Liability Company, with its principal address listed as 8615 Magnolia Dr, Seminole, FL 33777.

Jake Lutz is the sole authorized member and principal of the company, overseeing its daily operations and strategic direction. Under his leadership, Pinellas Coins and Bullion has established itself as a trusted source for buying and selling coins and precious metals, focusing on numismatic items and bullion products.

Customer reviews highlight Jake’s commitment to providing excellent service and fair pricing. One reviewer mentioned, “The Owner, Jake, is a great guy and makes some awesome deals. Will be going there regularly.”

It’s important to note that there is no publicly available information linking Jake Lutz to any legal issues or controversies. However, a separate individual, Seth Lutz, was arrested in 2017 for defrauding customers in Seminole, Florida. This incident is unrelated to Jake Lutz and Pinellas Coins and Bullion.

In summary, Jake Lutz is the driving force behind Pinellas Coins and Bullion, bringing dedication and a customer-focused approach to the precious metals industry in the Pinellas County area.

Does Pinellas Coins and Bullion Offer IRA Services?

Pinellas Coins and Bullion is a reputable dealer specializing in the buying and selling of coins and precious metals, with a focus on numismatic items and bullion products.

While they offer a wide range of services related to precious metals, there is no publicly available information indicating that they provide Gold IRA (Individual Retirement Account) services.

Investors interested in adding precious metals to their retirement portfolios typically seek firms that specialize in Gold IRAs. These firms offer services such as setting up self-directed IRAs, ensuring compliance with IRS regulations, and providing secure storage solutions.

For those specifically looking to invest in a Gold IRA, it’s advisable to consult with financial advisors or firms that specialize in retirement accounts involving precious metals. These specialists can provide tailored guidance and services to help you navigate the complexities of Gold IRAs.

In summary, while Pinellas Coins and Bullion excels in buying and selling precious metals and offers a range of related services, there is no available information confirming that they offer Gold IRA services.

What Products Can You Purchase at Pinellas Coins and Bullion?

Pinellas Coins and Bullion is a trusted source for high-quality precious metals and numismatic items, catering to both investors and collectors.

Their wide range of products includes gold, silver, platinum, and palladium in various forms, as well as rare and collectible coins.

With a focus on authenticity, competitive pricing, and customer satisfaction, the company provides an extensive inventory to meet diverse needs. Here’s a closer look at the products available at Pinellas Coins and Bullion.

Gold Products


Gold remains one of the most sought-after precious metals for its value and investment stability. At Pinellas Coins and Bullion, you’ll find a variety of gold items, including:

  • Gold Coins: Popular options such as American Gold Eagles, Canadian Maple Leafs, and South African Krugerrands, are available in various weights.
  • Gold Bars: Ranging from 1-gram bars to larger bars for significant investments, these products are ideal for investors.
  • Rare Gold Coins: Numismatic pieces with historical and collectible value, appealing to collectors and enthusiasts.
product of Pinellas Coins and Bullion

Silver Products

Silver offers an affordable entry point for investors and a versatile option for collectors. Pinellas Coins and Bullion provides:

  • Silver Bullion Coins: Options include American Silver Eagles, Canadian Silver Maple Leafs, and Austrian Philharmonics, which are perfect for investment purposes.
  • Silver Bars: Available in various sizes, from 1 ounce to 100 ounces, catering to both small-scale and large-scale investors.
  • Junk Silver: Pre-1965 U.S. coins containing 90% silver, offering a cost-effective way to invest in precious metals.
  • Silver Rounds: Custom-designed silver pieces ideal for collectors and investors alike.
product of Pinellas Coins and Bullion

Platinum and Palladium Products

For those looking to diversify their investments, Pinellas Coins and Bullion offers:

  • Platinum Coins and Bars: Products such as the American Platinum Eagle and other internationally recognized coins and bars.
  • Palladium Coins and Bars: A rarer but valuable investment option for those seeking unique opportunities in precious metals.
product of Pinellas Coins and Bullion

Numismatic and Collectible Coins

Pinellas Coins and Bullion is well-known for its expertise in numismatic coins. Their inventory includes:

  • Rare Coins: U.S. and international coins with historical significance, unique designs, and collectible value.
  • Commemorative Coins: Coins issued to celebrate special events, anniversaries, or landmarks.
  • Graded Coins: Professionally graded coins certified by reputable organizations like PCGS or NGC.

Custom Orders and Special Requests


The company also accommodates clients seeking specific items or unique products. Whether you’re looking for a rare coin or a particular design in bullion, Pinellas Coins and Bullion can fulfill custom orders based on your needs.

Buyback Services

In addition to selling products, Pinellas Coins and Bullion provides competitive buyback services. Clients can sell their precious metals and coins at fair market value based on live pricing, ensuring a seamless and transparent transaction process.

Why Choose Pinellas Coins and Bullion?

Pinellas Coins and Bullion stands out for its diverse inventory, fair pricing, and focus on customer satisfaction. With an emphasis on authenticity and competitive premiums, the company ensures clients receive value for their investments. Their knowledgeable staff provides expert guidance, helping both new and experienced investors make informed decisions.

Pinellas Coins and Bullion offers an impressive array of products, from investment-grade bullion to rare collectible coins. Whether you’re looking to build a precious metals portfolio, expand your numismatic collection, or sell existing assets, the company provides the expertise and resources to meet your needs. With their wide selection and commitment to quality, Pinellas Coins and Bullion is a top destination for precious metals and rare coin enthusiasts.

Pinellas Coins and Bullion Fees and Pricing:

Pinellas Coins and Bullion, a reputable dealer in the Tampa Bay area, specializes in gold and silver coins, bullion, and 90% silver products. They emphasize transparency and fair pricing, ensuring customers receive value-aligned transactions.

Product Pricing

  • Bullion Products: Prices for gold and silver bullion are closely tied to current market spot prices. The store offers competitive premiums over spot prices, reflecting factors like product type, weight, and market demand. For instance, their eBay store lists items such as 1 oz silver bars and 100-gram silver combi bars, with prices influenced by real-time market conditions.
  • Numismatic Coins: Rare and collectible coins are priced based on rarity, condition, and market demand. These items may carry higher premiums due to their collectible nature.

Transaction Fees

  • Buying from Customers: When purchasing precious metals from individuals, Pinellas Coins and Bullion offers competitive rates, typically slightly below spot price, to account for resale margins and market fluctuations.
  • Selling to Customers: Sales include a premium over the spot price, covering operational costs and ensuring product authenticity. These premiums vary depending on the product and market conditions.

Additional Services

  • Appraisals: The store provides appraisal services for coins and bullion, with fees varying based on the item’s complexity and the depth of the appraisal required.
  • Shipping and Handling: For online purchases, shipping and handling fees apply, varying based on factors like destination, package weight, and insurance coverage. Their eBay store outlines specific shipping costs for each item.

Customer Feedback

Customers have praised Pinellas Coins and Bullion for fair pricing and excellent service. One reviewer noted, “Excellent service and fair pricing. I will return for all my coin transactions.”

Pinellas Coins and Bullion is committed to transparent and competitive pricing, ensuring customers receive fair value in their transactions. By aligning prices with market rates and maintaining clear communication about fees, they foster trust and satisfaction among their clientele.

What Do Pinellas Coins and Bullion Reviews Say?

#1. Fair pricing and excellent service. I’ll be back to complete all of my coin transactions. They gave me a thorough explanation of every transaction.

review 1 of Pinellas Coins and Bullion

#2. Through Facebook Marketplace, I was able to locate Jake at PC&B. I purchased some coins and am really pleased with the purchase. Excellent business. I’m telling my friends about them. Also, prices are excellent.

review 2 of Pinellas Coins and Bullion

#3. The greatest silver prices I’ve seen in this area may be found at this fantastic new store. Jake, the proprietor, is a terrific man who strikes some amazing bargains. I’ll be visiting there frequently.

review 3 of Pinellas Coins and Bullion

Why aren’t There Many Pinellas Coins and Bullion Complaints?

Pinellas Coins and Bullion has established a reputation for professionalism, transparency, and exceptional customer service, which significantly contributes to the lack of complaints about the business. Operating in the precious metals industry, where trust and integrity are paramount, the company prioritizes ethical practices and customer satisfaction. This focus on excellence is why negative feedback about Pinellas Coins and Bullion is rare.

Commitment to Transparency


One of the standout aspects of Pinellas Coins and Bullion is its commitment to transparent pricing. By aligning their product prices with live market spot rates and communicating any associated premiums, the company ensures that customers fully understand the value of their transactions. This transparency minimizes the risk of misunderstandings or disputes, fostering a sense of trust and reliability among clients.

Exceptional Customer Service


Pinellas Coins and Bullion’s team is known for its approachable and knowledgeable staff who provide personalized assistance. Whether helping a seasoned investor or a first-time buyer, the company takes the time to educate clients, answer questions, and address concerns. This high level of customer care reduces the likelihood of dissatisfaction and ensures a positive experience.

Fair Buyback and Sales Practices


The company’s competitive buyback pricing and fair premiums for sales reflect its dedication to providing value to customers. Clients who sell their precious metals to Pinellas Coins and Bullion can expect honest evaluations based on current market rates, while buyers enjoy fair pricing for bullion, numismatic coins, and other products. These practices build confidence and loyalty among customers.

Reputation for Ethical Practices


Pinellas Coins and Bullion has a solid track record of ethical business operations. The company adheres to industry standards and emphasizes authenticity in all transactions, from verifying the quality of bullion to accurately appraising collectible coins. This commitment to integrity enhances their credibility and trustworthiness.

Quick and Professional Problem Resolution


In the rare cases where issues arise, Pinellas Coins and Bullion addresses them promptly and professionally. Their proactive approach to customer concerns ensures that any potential problems are resolved before they escalate into formal complaints. This dedication to service recovery further contributes to their positive reputation.

Strong Customer Relationships


The company’s focus on building strong, long-term relationships with its clients results in repeat business and referrals. Positive word-of-mouth from satisfied customers is a testament to their high-quality products and service, which helps keep complaints to a minimum. 

Thus, the scarcity of complaints about Pinellas Coins and Bullion is a reflection of the company’s commitment to excellence in every aspect of its operations. By emphasizing transparency, ethical practices, and exceptional customer service, they have cultivated a loyal customer base and earned a reputation as a trusted leader in the precious metals industry. For anyone considering buying, selling, or investing in coins and bullion, Pinellas Coins and Bullion is a reliable and reputable choice.

Are There Any Pinellas Coins and Bullion Lawsuits?

As of now, there are no publicly available records indicating that Pinellas Coins and Bullion, established in November 2023 and owned by Jake Lutz, has been involved in any lawsuits or legal disputes.

It’s important to distinguish this business from a separate incident involving a coin dealer named Seth Lutz, who was arrested in 2017 for defrauding customers at a different establishment, Paradise Coins and Collectibles, located in Seminole, Florida.

This earlier case is unrelated to Pinellas Coins and Bullion and its owner, Jake Lutz.

The absence of legal issues concerning Pinellas Coins and Bullion suggests a commitment to ethical business practices and customer satisfaction. For the most current information, it’s advisable to consult official records or contact the company directly.

Can You Trust Pinellas Coins and Bullion? Is Pinellas Coins and Bullion Legit?

Yes, 

They are reputable gold dealers with vast experience.

Before working with a precious metals company, do your research.

Here are some tips to ensure a gold IRA company’s legality:

Tip #1: Check Their Regulatory Compliance and Accreditation

Check for proper licensing and registration with relevant financial regulatory bodies such as the Securities and Exchange Commission (SEC) or Financial Industry Regulatory Authority (FINRA).

Verify the company’s accreditation with industry organizations like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC).

It will help you check how credible they are.

Tip #2: Look into The Company’s Background

  1. Research the company’s history, including years in business and any name changes.
  2. Examine the Better Business Bureau (BBB) rating and accreditation status.
  3. Review customer feedback on reputable third-party review sites like Trustpilot or Consumer Affairs.

Tip #3: Does the Company Offer Good Resources?

  1. Assess the clarity of information provided about fees, storage options, and buyback policies.
  2. Evaluate the quality and depth of educational resources offered to investors.
  3. Verify that the company provides clear information about IRS regulations regarding precious metals IRAs.

Tip #4: What are Their Product Offerings and Pricing?

  1. Ensure the company offers IRS-approved precious metals for IRA investments.
  2. Compare pricing with other reputable dealers to ensure competitiveness.
  3. Be wary of companies pushing numismatic or collectible coins over bullion for IRA investments.

Tip #5: Confirm the Storage and Custodian Partnerships

Verify that the company works with IRS-approved custodians and secure storage facilities. According to IRS’ regulations, you cannot store your gold IRA’s precious metals at your home.

You’ll need a certified third-party storage provider.

Check the company’s storage and custodian partner to ensure you’re working with a reliable firm. Moreover, ensure they offer segregated storage options for your precious metals.

Segregated storage means your owned precious metals products will be stored separately from other investors’ possessions. Similarly, non-segregated storage means your products will be stored along with others.

Keep in mind that storage providers charge extra for segregated storage.

Some popular custodians include Equity Trust and Goldstar Trust.

Red Flags to Watch For in Gold IRA Companies

  1. Promises of guaranteed returns or claims of “secret” investment strategies.
  2. Pressure to act immediately or make large investments without proper consideration.
  3. Lack of physical address or unclear company ownership structure.
  4. Unwillingness to provide detailed information about fees or policies in writing.

By thoroughly evaluating these aspects, investors can make an informed decision about the legitimacy and reliability of a gold IRA company. It’s crucial to conduct due diligence and, if necessary, consult with a financial advisor before making any investment decisions.

Pinellas Coins and Bullion Review Summary:

Pinellas Coins and Bullion has quickly established itself as a reputable and trusted name in the precious metals industry. Offering a wide range of products, including gold, silver, platinum, and palladium bullion, as well as rare and collectible numismatic coins, the company caters to both seasoned investors and passionate collectors. 

Customers appreciate the firm’s commitment to transparent pricing, which is based on live market rates and ensures fair valuations for buying and selling precious metals. Additionally, Pinellas Coins and Bullion is known for its personalized customer service, with knowledgeable staff providing expert guidance to help clients make informed decisions. 

Whether you’re looking to diversify your portfolio, sell precious metals at competitive buyback rates, or acquire rare coins, the company’s focus on quality and authenticity ensures a trustworthy transaction every time. 

Their strong emphasis on ethical business practices and compliance with industry standards has earned them positive feedback and a loyal customer base. Overall, Pinellas Coins and Bullion stands out as a reliable partner for those seeking to invest in or collect precious metals and coins.

Pinellas Coins and Bullion Reviews: Legit or Not? Find Out Here
Pinellas Coins and Bullion Reviews: Legit or Not? Find Out Here

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