Have you considered purchasing gold, silver, or other items from Vermillion Enterprises? Vermillion Enterprises is one of Florida’s most prominent coin and bullion dealers. However, it has some advantages and disadvantages, so you’ll want to make sure it meets your criteria for a precious metals company. To assist you in making a decision, our Vermillion Enterprises reviews will include both positive and negative aspects, as well as some suggestions, so that you can determine if Vermillion Enterprises is suitable for you or if you should choose another company.
Let’s begin our Vermillion Enterprises review.
Table of Contents
- 1 What Is Vermillion Enterprises?
- 2 Are Precious Metal IRAs Offered?
- 3 Vermillion Enterprises Review Summary
- 4 Location:
- 5 Address:
- 6 Year Founded:
- 7 Management:
- 8 Website:
- 9 Rating:
- 10 Vermillion Enterprises Products
- 11 How It Works
- 12 Pros of Vermillion Enterprises
- 13 Impressive Reviews and Ratings
- 14 A Wide Variety of Products
- 15 Excellent Prices
- 16 Cons of Vermillion Enterprises
- 17 Lacks an Online Ordering System
- 18 Pricing Information Not Available on the Website
- 19 Not Accredited By the BBB
- 20 Does Not Offer IRAs
- 21 Accreditation, Customer Reviews & Ratings
- 22 Frequently Asked Questions
- 23 Is Vermillion Enterprises Legit or a Scam?
- 24 Does Vermillion Enterprises Offer Storage?
- 25 Can You Sell Back to Vermillion Enterprises?
- 26 Alternatives to Vermillion Enterprises
- 27 Vermillion Enterprises Reviews Conclusion
What Is Vermillion Enterprises?
Vermillion Enterprises considers itself the preeminent coin shop and bullion dealer in Florida. The company is headquartered in Spring Hill, Florida, and claims to have been in operation for more than 15 years, despite the fact that its BBB profile indicates it was founded in 2014, nine years ago. Vermillion Enterprises is renowned for its well-stocked coin shop, which carries everything from bullion to jewelry to Rolex watches to autographed NASA memorabilia. In addition to retailing valuable metals, Vermillion Enterprises also purchases valuable collectibles. They guarantee free evaluation and competitive pricing on your items. Brian Vermillion, the company’s proprietor, and managing member, is an NGC-authorized coin dealer, lending credibility to the business.
Are Precious Metal IRAs Offered?
Vermillion Enterprises does not offer Precious Metal IRAs because the company’s sole focus is the purchase and sale of bullion. Currently, they do not have a partnership with an IRA custodian to offer IRAs. If you are interested in establishing a precious metals IRA, check out our top-rated gold and silver IRA Company here.
Vermillion Enterprises Review Summary
Location:
Spring Hill, Florida
Address:
5324 Spring Hill Dr, Spring Hill, FL 34606, United States
Year Founded:
2014
Management:
Mr. Brian Vermillion, Owner
Website:
www.vermillion-enterprises.com/
Rating:
4.5/5
Vermillion Enterprises Products
Vermillion Enterprises maintains both a physical store and an online store from its location at 5324 Spring Hill Dr, Spring Hill, Florida 34606. Their website displays the vast majority of their available merchandise, which includes Gold and Silver Coins and Collectibles, Currency, Wrist and Pocket Watches, Sports Cards and Memorabilia, famous Autographs, musical instruments, Toys and Banks, Comics, Costume Jewelry, and Figurines, among others. Additionally, the company buys gold jewelry, coins, and bullion, as well as nearly everything else they sell.
How It Works
To purchase coins, bullion, or other products from Vermillion Enterprises, you can either visit their physical store or utilize their online store. Their website displays all available products but lacks price information for online orders. In addition, they lack an online ordering system, meaning orders cannot be placed directly on their website. Therefore, you must contact them over the phone to inquire about pricing and to make an order. If you are selling items, you can either take them to their premises or mail them to the company for an appraisal.
Pros of Vermillion Enterprises
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Impressive Reviews and Ratings
Despite not having a large number of online reviews, Vermillion Enterprises has earned high ratings on reputable review sites such as Yelp and Google Reviews.
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A Wide Variety of Products
They sell and buy a vast array of products, including IRA-eligible bullion, jewelry, collectible coins, and many others, allowing you to order all of your items under one roof.
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Excellent Prices
According to online reviews, Vermillion Enterprises not only offers competitive product prices but also inexpensive shipping. Thus, their customers can save a great deal of money.
Cons of Vermillion Enterprises
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Lacks an Online Ordering System
They lack an online ordering platform, necessitating in-person or telephone transactions. If you’re accustomed to submitting orders online, this may be quite inconvenient.
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Pricing Information Not Available on the Website
The website does not list product prices. In order to inquire about prices, you must therefore contact the company, which is also time-consuming.
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Not Accredited By the BBB
Despite being in business for over a decade, the Better Business Bureau has not accredited Vermillion Enterprises. In general, we advise our followers to stay with BBB-accredited businesses, as they tend to be more dependable and trustworthy.
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Does Not Offer IRAs
Even though Vermillion Enterprises sells IRA-approved bullion, they are unable to offer precious metal IRAs due to their lack of a partnership with a custodian. If you are interested in opening a precious metals IRA, you can view our top-recommended company here.
Accreditation, Customer Reviews & Ratings
Vermillion Enterprises reviews on Yelp are mostly positive, with the firm receiving a 4.5-star rating based on 7 customer reviews and complaints. They have a 4.9 out of 5-star rating on Google based on 344 Google reviews. Unfortunately, Vermillion Enterprises does not have any reviews, ratings, or accreditation from the Better Business Bureau, Business Consumer Alliance, Trustlink, Trustpilot, and many other credible review sites.
Frequently Asked Questions
Is Vermillion Enterprises Legit or a Scam?
Vermillion Enterprises is a legitimate coin and bullion dealer with a recognized physical address. Furthermore, its owner is an NGC-authorized coin dealer.
Does Vermillion Enterprises Offer Storage?
There is zero information on storage on Vermillion Enterprises’ website. Thus, we are safe to say that they are not offering storage at this time.
Can You Sell Back to Vermillion Enterprises?
Yes, you can sell back to Vermillion Enterprises because they buy many kinds of precious metals, jewelry, and other valuable stuff.
Alternatives to Vermillion Enterprises
Vermillion Enterprises Reviews Conclusion
Vermillion Enterprises is a coin and bullion dealer based in Spring Hill, Florida. The company buys and sells a variety of valuable items, including bullion, coins, jewelry, Rolex watches, autographed memorabilia, and many others. Additionally, they are known for offering competitive prices and economical shipping.
On the negative, Vermillion Enterprises does not list product prices on its website, requiring customers to call for information. In addition, they lack BBB accreditation and reviews on numerous online platforms. Besides, they lack an online ordering system and do not offer precious metal IRAs despite selling IRA-approved bullion.
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