Broward County Coins Review 2026: Is This Florida Coin Dealer Legit or a Scam?

If you’re searching for a trustworthy precious metals dealer in Florida, this Broward County Coins review will help you determine whether the company is worth your business. With dozens of coin shops competing for investors and collectors, choosing the right dealer is critical—especially when buying or selling valuable gold, silver, rare coins, and estate collections.

In this comprehensive Broward County Coins review, we examine the company’s history, ownership, products, fees, customer reviews, reputation, pros and cons, and overall legitimacy. We’ll also compare Broward County Coins with leading Gold IRA companies to help you decide whether it’s the right fit for your investment goals.

What Is Broward County Coins?

Broward County Coins (officially registered with the state as Broward County Coins & Collectibles, Inc.) is a long-standing retail coin and precious metals dealership located in Tamarac, Florida. Founded in 1984, the company has spent over four decades serving local collectors and investors while building a national presence through online sales channels.

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|                   BROWARD COUNTY COINS OVERVIEW                   |
+---------------------+---------------------------------------------+
| Established         | 1984                                        |
| Head Office         | Tamarac, Florida                            |
| Primary Management  | Eric Steinberg (President)                  |
| Better Business Bureau| A+ Rating (Not Accredited)                  |
| Industry Status     | Authorized PCGS / NGC Dealer                |
+---------------------+---------------------------------------------+

The business functions primarily as a traditional physical storefront specializing in buying, selling, and appraising rare coins, historical currency, and physical bullion. Rather than acting as a high-volume virtual clearinghouse, they focus heavily on face-to-face transactions and numismatic evaluation.

Who Owns and Operates the Company?

The firm is owned and operated by Eric Steinberg, who serves as the company’s President and registered corporate agent. According to official corporate filings on the Florida Division of Corporations database (Sunbiz), Steinberg is listed as the sole director of the entity.

Profile of the Owner

• Industry Experience: Steinberg has been actively engaged in the numismatic and rare coin field since 1983.

• Elite Credentials: He is official member #590 of the Professional Numismatists Guild (PNG)—a highly restrictive professional organization requiring strict ethical standards, financial stability, and peer-vetted expertise.

• The Smithsonian Project: Notably, Steinberg was selected as part of an elite team of expert numismatists tasked with working directly alongside the Smithsonian Institution in Washington, D.C., to help catalog and archive segments of the prestigious National Numismatic Collection.

Broward County Coins Products & Services Catalog

Broward County Coins functions as a full-service storefront. Their physical retail footprint and their highly active, long-standing BrowardCountyCoins eBay Store provide access to diverse inventory categories.

Rare Coins & High-Grade Numismatics

• United States Coinage: Raw and certified (slabbed) historical American coins. This includes Pre-1933 vintage gold coins, Morgan and Peace silver dollars, and early American type coins.

• Modern Mint Commemoratives: Official U.S. Mint proof sets, uncirculated coin rolls, and commemorative milestone releases (such as the American Eagle 20th Anniversary set).

• Foreign & Sovereign Issues: Certified world coins, specialized foreign bullion collections, and unique issues like the World Money Fair Berlin Silver Pandas or Niue Chibi coins.

• Paper Currency: Rare U.S. silver certificates, gold certificates, federal banknotes, and unique international paper money collections.

Investment-Grade Bullion

• Gold: Sovereign coins (American Gold Eagles, Canadian Maple Leafs, South African Krugerrands) and fractional or large investment bars.

• Silver: Purity-verified 1 oz to 100 oz silver bars, sovereign rounds, and high-volume “junk silver” bags (90% historical coin bags).

• Platinum: Industry-standard investment bars and official sovereign platinum coins.

Luxury Goods & Fine Estate Valuables

• Luxury Timepieces: High-end watches and authentic luxury presentation boxes (such as Cartier or Rolex packaging).

• Estate Jewelry & Fine Gems: Fine gold jewelry liquidations, loose diamonds, and certified gemstones.

Professional Field Services

• Direct Liquidations: Immediate cash payments for individuals, collectors, or legal estates attempting to liquidate coin hoards or gold holdings.

• Formal Appraisals: Documented numismatic appraisals executed by Eric Steinberg for estate distributions, tax compliance, or private insurance schedules.

Fee Structure, Pricing & Store Policies

As a local retail operation, Broward County Coins does not publish a flat, static fee matrix. Instead, transactional pricing hinges on daily market indicators and specific asset premiums.

Bullion Pricing and Market Spreads

Investment-grade bullion items are tied directly to global live spot market prices.

• When Buying: You pay the live spot price plus a dealer premium to cover operational overhead and logistics.

• When Selling: You receive a payout set slightly below the prevailing spot market rate. Their liquidation offers prioritize competitive market evaluations, aiming to outpace standard local pawn shop rates.

Numismatic and Rarity Premiums

Rare collectibles, historical paper currency, and certified vintage slabs (graded by PCGS or NGC) are priced individually. These figures are calculated based on scarcity, population reports, current collector demand, and verified grade conditions. Pricing trends align with current national coin show metrics and realized historical data from their online storefronts.

Appraisal and Evaluation Costs

• Verbal Quotes: Preliminary verbal cash offers for items brought into the shop are generally performed free of charge.

• Documented Valuations: Formal, legally binding paper appraisals required for insurance policies or legal court settlements are charged via an hourly rate or a fixed flat fee scaled to the collection’s overall size.

Rigid Transaction Policies

According to public business profiles and regional consumer forums, the storefront enforces strict payment mechanisms to control costs:

CRITICAL TRANSACTION ALERT:

• No Credit Cards Accepted: The physical retail storefront does not accept credit card payments for inventory. Transactions rely strictly on cash, personal checks, cashier’s checks, and money orders.

• No Digital Currency: The shop does not accept Bitcoin or any alternative cryptocurrency tokens.

• Mandatory Check Holds: If an order is funded via personal or bank check, the company enforces a strict 5 to 10 banking day clearing period before inventory is released or shipped.

Detailed Pros & Cons

Pros of Broward County Coins

• Exceptional Numismatic Expertise: Backed by a Smithsonian-vetted president and active PNG membership (#590), offering a level of technical authentication capability that standard gold buyers lack.

• Top-Tier Grading Affiliations: Fully authorized as an official submission and sales dealer for both PCGS and NGC.

• Decades of Local Stability: Operating in the same South Florida region since 1984, showcasing long-term operational resilience.

• A+ Better Business Bureau Rating: Holds the highest corporate grade tier issued by the BBB due to an absence of unresolved complaints.

• Multi-Channel Accessibility: Offers the safety of a secure, physical location for local face-to-face deals alongside an active eBay storefront for long-distance browsing.

Cons of Broward County Coins

• Inconvenient Payment Bottlenecks: The absolute refusal to process credit cards requires buyers to carry large amounts of physical cash or secure certified bank documents.

• Lengthy Settlement Delays: The mandatory 5-to-10 day hold on check instruments can frustrate buyers looking for fast inventory delivery.

• Not BBB Accredited: Although they carry an A+ rating based on clean records, the business has not elected to pay for formal BBB accreditation or ongoing monitoring programs.

• Appointment Hurdles & Availability: Because the principal management actively travels out-of-state to source inventory at major national coin shows, walk-in availability is highly restricted. Unexpected closures can occur without an advanced appointment.

• Friction with Retail Premiums: Select local customer feedback mentions personal friction regarding retail pricing premiums or negotiation styles when compared directly against low-overhead wholesale markets.

Broward County Coins Reviews and Customer Sentiment Analysis

Consumer review data across major online public tracking indexes displays a notable divergence between local physical walk-ins and long-distance numismatic buyers.

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|                     REVIEWS & RATING BREAKDOWN                    |
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| Google Business     | 4.7 / 5 Stars (50+ Verified Reviews)        |
| Birdeye.com         | 4.8 / 5 Stars (53+ Verified Reviews)        |
| Yelp                | 2.3 / 5 Stars (3 Consumer Reviews)          |
| Better Business Bureau| A+ Rating (0 Public Customer Reviews)       |
| Trustpilot / Trustlink| Not Formally Profiled                       |
+---------------------+---------------------------------------------+

Positive Themes

Positive reviews focus heavily on fair pricing during bulk silver or gold liquidations. Customers praise the owner’s extensive knowledge and note that cash offers routinely exceed standard pawn shop or cash-for-gold mall kiosk estimates.

Negative Themes

Negative reviews center around operational structure. Traveling to the physical storefront without checking ahead has led to complaints about unexpected early closures or scheduling bottlenecks. A small portion of reviews note personality friction or firm retail margins on highly specific collectible coins.

Is Broward County Coins Legit or a Scam?

Broward County Coins is completely legitimate. It is a legally incorporated, licensed corporate entity in the State of Florida with over 40 years of continuous market presence.

Their authorized dealer status with the major global grading authorities (NGC and PCGS), combined with verified membership in the Professional Numismatists Guild, confirms they are a reputable operation rather than a fly-by-night scam.

Head-to-Head Comparison: Broward County Coins vs. National Gold IRA Leaders

While Broward County Coins excels at local retail liquidity and numismatic collection appraisals, institutional investors seeking long-term retirement accounts typically look to specialized national providers.

The table below illustrates how the company compares directly to top-tier physical gold and silver IRA specialists:

If your primary goal is collecting rare coins or selling an inherited collection, Broward County Coins may be a solid choice.

However, if you’re looking to diversify retirement savings through a Gold IRA, companies such as Augusta Precious Metals and Goldco generally offer more specialized retirement-focused services.

Broward County Coins Location, Contact Information & Hours

Address

Broward County Coins & Collectibles, Inc.

7114 N University Dr
Tamarac, FL 33321

Contact Information

Phone: (954) 721-9247

Email: browardcc@aol.com

Website: browardcountycoins.com

Hours

Important: Customers are encouraged to call ahead and schedule an appointment before visiting.

Broward County Coins Review: Final Verdict

This Broward County Coins review found that the company is a legitimate Florida coin dealer with more than 40 years of experience serving collectors and precious metals investors. Its strongest advantages include deep numismatic expertise, an experienced owner, strong industry credentials, and positive customer feedback.

The company is particularly well-suited for:

• Coin collectors
• Estate liquidations
• Precious metals sellers
• South Florida residents seeking in-person service

That said, investors seeking Gold IRA rollovers, online account management, or retirement-focused precious metals strategies may find better options with larger national providers.

Overall, this Broward County Coins review concludes that the company is a reputable dealer with a long history in the industry and is worth considering if you’re looking to buy, sell, or appraise coins and bullion in Florida.

Frequently Asked Questions (FAQ)

1. Where is Broward County Coins located?

The main physical storefront is situated within the Coral Palm Plaza complex at 7152 N University Dr, Suite 17, Tamarac, FL 33321. Some local municipal directories record the commercial plaza address as 7114 N University Dr.

2. Can I walk into the store at any time during business hours?

While the store lists standard operating hours from Monday through Saturday (10:00 AM – 5:00 PM), it is highly recommended to call ahead at (954) 721-9247 to book an appointment. The management travels frequently to out-of-state trade conventions, which can lead to retail scheduling bottlenecks.

3. Can I buy coins or bullion from them using a credit card?

No. To minimize credit card processing fees and keep consumer premiums competitive, the physical store does not accept credit cards or digital payment tokens like cryptocurrency. Payment must be made using cash, personal checks, cashier’s checks, or money orders.

4. How long do I have to wait if I pay with a check?

The company enforces a strict verification hold period lasting between 5 to 10 banking days for all personal and bank checks. Your precious metals or numismatic products will not be released or shipped until the funds have fully cleared.

5. What is the difference between a free evaluation and a formal appraisal at this shop?

A preliminary verbal evaluation determines what the shop is willing to pay you in cash on the spot and is usually handled free of charge. A formal appraisal provides a detailed, written document designed for insurance schedules or legal estate resolutions, which carries an hourly rate or a size-based flat fee.

6. Are they accredited by the Better Business Bureau?

No, the company is not formally accredited by the BBB, meaning they choose not to pay the annual fee for the Bureau’s commercial screening program. However, they maintain an A+ letter grade with the BBB due to an excellent historical record with no unresolved consumer complaints.