About Vermillion EnterprisesVermillion Enterprises Locations, Timings, Email, Phone, Services
Vermillion Enterprises, a prominent coin shop and bullion dealer in Florida, claims a history of over 15 years, although its BBB profile suggests it was established in 2014. Known for its extensive inventory of numismatic items, including bullion, jewelry, sports memorabilia, and autographed NASA collectibles, the company also acquires valuable collectibles and offers free assessments. Brian Vermillion, the owner and an NGC-authorized coin dealer, adds to the company’s credibility. Vermillion Enterprises focuses on innovation, garnering recognition from Forbes Magazine. Their dedication to client satisfaction and customized solutions is evident in their success.
In 2014, Vermillion Enterprises commenced its operations in Spring Hill, Florida, firmly establishing itself in the region. Although the company boasts an impressive A+ rating from the Better Business Bureau, it currently lacks official accreditation. Customers can conveniently make their purchases through online platforms or by visiting one of the numerous physical stores at their disposal.
Address: 5324 Spring Hill Dr. Spring Hill, FL 34606-4557
Phone: (352) 585-9772
Monday-Friday: 10 A.M – 5 P.M
Saturday: 9 A.M – 2P.M
People Behind Vermillion Enterprises: CEO, Owner, Co-Founders & MoreWho owns Vermillion Enterprises? What is the management team behind Vermillion Enterprises?
Brian Vermillion (Owner and Managing Director) at Vermillion Enterprises:
Brian Vermillion serves as both the Owner and Managing Director of Vermillion Enterprises, a distinguished coin shop and bullion dealer based in Spring Hill, Florida. With a tenure of over 15 years in the industry, Brian Vermillion has played a pivotal role in establishing the company’s reputation and success.
As the owner, Brian Vermillion is responsible for the overall strategic direction of the company. He oversees the acquisition and sale of precious metals, numismatic items, and collectibles, ensuring that Vermillion Enterprises maintains a diverse and high-quality inventory. His expertise in the field, especially as an NGC-authorized coin dealer, adds significant credibility to the business.
In his role as Managing Director, Brian Vermillion is actively involved in day-to-day operations, including customer interactions, business development, and strategic planning. He is committed to fostering innovation within the company and allocating resources to research and development efforts. This forward-thinking approach allows Vermillion Enterprises to stay ahead of the competition and offer innovative solutions tailored to the specific needs of their clientele.
Brian Vermillion’s leadership has contributed to Vermillion Enterprises’ strong client relationships and exceptional service. His dedication to customer satisfaction, coupled with his expertise in the industry, has earned the company recognition from reputable institutions, including Forbes Magazine. Under his guidance, Vermillion Enterprises continues to be a leading player in the field of precious metals, numismatics, and collectibles in the state of Florida.
Shelby Vermillion (Co-Owner) at Vermillion Enterprises:
Shelby Vermillion likely holds a significant ownership stake in the company alongside another owner, possibly Brian Vermillion or another individual.
In this role, Shelby Vermillion would typically share responsibility for the overall management and strategic direction of the company. Co-owners are typically involved in key decision-making processes, overseeing operations, and financial matters, and working to ensure the company’s success and growth. Their specific duties and responsibilities may vary depending on the structure of the company and the agreements in place between the co-owners.
No information about its team and members on the company website:
The absence of any information about Vermillion Enterprises’ management team and its members on its website stands as a notable drawback. In the digital age, a company’s website is often the first port of call for stakeholders, be they clients, investors, potential partners, or job seekers, seeking insights into the organization’s inner workings. When essential details about the leadership team are conspicuously missing, it gives rise to concerns regarding transparency and openness. This lack of transparency can, in turn, impact the company’s credibility and trustworthiness in the eyes of investors and partners.
Moreover, it creates challenges in terms of networking and forging partnerships, as individuals interested in collaborating with Vermillion Enterprises may struggle to identify key contacts. Additionally, the omission hinders effective communication, making it arduous for stakeholders to connect with the appropriate personnel for specific inquiries. In the realm of talent acquisition, the absence of management team profiles on the website can also hamper Vermillion Enterprises’ ability to attract top-tier talent.
Furthermore, it places the company at a competitive disadvantage compared to counterparts who showcase their leadership team’s expertise and experience. In essence, the absence of this crucial information represents a missed opportunity for Vermillion Enterprises to establish transparency, build trust, and enhance its overall image in the eyes of various stakeholders.
Vermillion Enterprises Products: Bullion Coins, Bars, And Rare CoinsAll products offered by Vermillion Enterprises
Vermillion Enterprises is a versatile establishment dedicated to providing a wide range of valuable services with a steadfast commitment to expertise and precision. Our array of services reflects our unwavering dedication to ensuring client satisfaction:
1. Precious Metals Buying and Selling:
Specializing in gold, silver, platinum, and more, Vermillion Enterprises offers fair prices and industry knowledge.
2. Rare Coin Trading:
We provide professional rare coin trading services, guiding numismatic enthusiasts through secure transactions.
3. Jewelry Appraisals:
With gemology expertise, Vermillion Enterprises offers accurate valuations for individuals seeking to assess the value of their jewelry pieces.
4. Estate Liquidation Services:
Vermillion Enterprises handles asset sales, evaluations, and estate liquidation management with a compassionate approach.
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Exploring the Ordering Process of Vermillion Enterprises:
To purchase coins, bullion, or other products from Vermillion Enterprises, you have two convenient options: visit our physical store or utilize our online store. While our website showcases all available products, please note that it lacks price information for online orders and does not support direct online ordering. To inquire about pricing and place an order, please contact us via phone. If you wish to sell items, you can either visit our premises or send them to us for appraisal.
Australian Lunar and Gold Nugget
Canadian Maple Leaf
South African Krugerrand
Kennedy Half Dollars
Standing Liberty Dollars
Franklin Half Dollars
Canadian Maple Leaf
The company claims that it also offers exquisite diamond jewelry, including custom-made pieces with elegant designs. Additionally, our inventory includes rare comic books, such as first-appearance Marvel and DC comics, as well as sports memorabilia like autographed cards and other collectibles.
Buying Precious Metals with Vermillion Enterprises:
To purchase precious metals from Vermillion Enterprises, you can review our product offerings on our website and create a list of desired items. Next, simply call our customer service representative, who will provide current prices for your selections. If you’re ready to commit to a purchase, we offer a price lock. Payment is made via wire transfer, and your order ships discreetly to your preferred location, covered by insurance.
Cancellation Policy: If you cancel an order after receiving a price lock, a penalty may be applied based on market price fluctuations.
Selling Precious Metals with Vermillion Enterprises:
To sell precious metals to Vermillion Enterprises, request a mail-in kit from us to initiate the process. Once the kit arrives, follow the provided instructions to package and send your precious metals to us. Upon receipt, we’ll inspect the materials and provide a cash offer. If accepted, we’ll keep the precious metals and send your payment according to your preferences. If declined, you’ll pay for return shipping.
Note: Sellers should review the current market price to ensure a fair deal. While we may deduct potential profits, during a buyback, sellers should receive at least what they paid for the precious metals.
Buying Collectibles and Memorabilia with Vermillion Enterprises:
Our collectibles and memorabilia offerings are conveniently listed under the “Buying” tab on our website’s navigation bar. You’ll find a wide range of products to suit your interests. For inquiries about pricing or to make a purchase, please call our toll-free number. Ensure you research online prices to secure a fair market rate before committing.
Vermillion Enterprises, claims to facilitate valuable transactions while ensuring transparency, fairness, and the utmost satisfaction for our clients.
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How to Invest in Vermillion Enterprises IRA?Step-by-step guide for investing in Vermillion Enterprises IRA
One more potential downside of Vermillion Enterprises is that they do not offer IRA services. This sets them apart from other dealers in the market who provide Individual Retirement Account (IRA) services. This may be a disadvantage for those looking to invest in precious metals within the context of an IRA, as they would need to seek out other providers that offer this service to ensure their investment strategy aligns with their retirement planning seamlessly.
In my opinion, it would be best to search for an alternative company since Vermillion Enterprises does not provide IRA services to its customers.
Opening a precious metals IRA is a major decision. That’s why I suggest checking out our top gold IRA providers list. There, you can find the best precious metals dealer in your state and choose accordingly.
Also, the list will help you understand what the industry’s best has to offer and what you might miss out on.
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Vermillion Enterprises fees: Do they overcharge?What are their fees? Do they have hidden fees?
Vermillion Enterprises places a strong emphasis on pricing and value as integral components of customer satisfaction. Their commitment to offering competitive prices and top-tier products and services ensures that customers receive outstanding value.
However, Vermillion Enterprises goes beyond merely providing competitive pricing. They excel in delivering exceptional customer service, ensuring timely delivery of products, and maintaining a hassle-free return policy. These combined efforts guarantee that customers not only secure the best possible price but also enjoy a superior overall experience with the company.
A satisfied customer, Lisa, serves as a testament to Vermillion Enterprises’ dedication to value. Lisa diligently compared prices for a specific product across various stores and discovered that Vermillion Enterprises offered the lowest price without compromising on quality. This finding instilled confidence in her purchase, and she was elated with both the price and the product’s quality.
To further enhance the customer experience, Vermillion Enterprises features a dedicated section on its website for weekly rates and discounts. Visitors can conveniently access the latest deals on all Vermillion Enterprises products through this tab. The company regularly offers numerous products at discounted rates, creating opportunities for precious metals investors and collectors to make prudent investments. By perusing this section, visitors can stay informed about the newest options available and capitalize on significant savings.
Companies like Augusta charge ZERO fees for up to 10 years, allowing you to choose your gold & silver. Vermillion Enterprises on the other hand provides fewer options.
Social Media Presence of Vermillion Enterprises:Twitter, Facebook, LinkedIn, YouTube & Instagram
Twitter Handle of Vermillion Enterprises:
The company maintains a Twitter account with 39 followers and 4 accounts that they are following. Vermillion Enterprises created its Twitter account in December 2014.
Facebook Page of Vermillion Enterprises:
On its Facebook account, Vermillion Enterprises has 998 followers. They have received 779 likes and have no-star ratings and reviews.
YouTube Account of Vermillion Enterprises:
On YouTube, Vermillion Enterprises has 6.53K subscribers. A total of 268 videos have been posted to date and the company received 687,299 views on them. They Joined YouTube on 26 March 2015.
Instagram Account of Vermillion Enterprises:
Vermillion Enterprises currently has 805 followers on Instagram, along with 469 people they follow. They have posted a total of 477 times since joining the platform in December 2014.
Vermillion Enterprises Reviews and Complaints: BBB, Trustpilot, SitejabberRead all the Vermillion Enterprises reviews & complaints
Better Business Bureau (BBB):
Vermillion Enterprises has been in the industry for 9 years and holds an A+ rating, but is not accredited by BBB. There are currently no reviews or ratings available.
It is important to keep in mind that although the rating is positive, the sample size is small and may not be fully representative of the overall performance of the company.
According to customer reviews on Google, Vermillion Enterprises has an impressive 4.9-star rating out of 5 stars. A total of 344 customers have shared their experiences, and the majority of them have been positive. Customers have praised the company for their exceptional customer service, professionalism, and expertise.
According to the reviews on Yellow Pages, Vermillion Enterprises has received only 2 customer reviews with a rating of 5 stars out of 5. The customers appreciated the company’s exceptional shipping services and the high quality of their products.
Vermillion Enterprises has received only 7 customer reviews with a rating of 4.4 stars out of 5 stars on Yelp. The customers appreciated the company’s exceptional shipping services and the high quality of their products.
Vermillion Enterprises has received some complaints on Yelp and Google.
Vermillion Enterprises has received several unresolved complaints from customers. There are also several unresolved negative reviews on different platforms. Our #1 rated gold IRA company has ZERO unanswered complaints on BBB.
Some Positive Reviews:
#1. According to Carl, reputable individuals in this field will engage in a candid conversation with you about the worth of your items, whether it’s advisable to sell them, or if holding onto them is the better choice. Carl emphasizes that he invested time in carefully examining and discerning the genuine value of some inherited pieces. He also commends the amiable and hospitable individuals managing the business. The establishment itself, he notes, resembles more of a welcoming house than a conventional store. Moreover, there is plenty of convenient parking, and its location is easily identifiable.
#2. Hozay shares his experience of initially visiting a coin dealer to inquire about the value of two thousand dollars, but the offered quote fell significantly short of his expectations. Upon discovering Vermillion and reading reviews, he decided to give it a try. Hozay expresses his satisfaction with the outcome, mentioning that Brian, the owner, exceeded his expectations with a swift and straightforward transaction. He wholeheartedly recommends Vermillion’s store.
#3. Loriann highly recommends this establishment for anyone seeking a secure, tidy, and trustworthy place to appraise their old or unwanted jewelry, coins, or memorabilia. She describes the owner as exceptionally professional and courteous, emphasizing his expertise in assessing their items and willingness to address their queries.
Loriann and her companions were pleasantly surprised by the value assigned to their items and found the entire process to be remarkably effortless. She also appreciates the owner’s thoughtful gesture of removing gemstones from her gold piece for his daughter’s engagement ring. Overall, she enthusiastically endorses this establishment.
#4. Michael shares his positive experience, mentioning that he has been following Brian’s YouTube videos for some time. He recently made a purchase of a significant quantity of silver at an exceptional price. Michael highlights that Brian is a fantastic person to conduct business with, praising the remarkably swift shipping. He eagerly anticipates his next purchase and expresses gratitude to Brian and his assistant. In summary, Michael lauds the company for its excellence, and competitive prices, and extends a cheerful thanks. 😊
#5. Lovely commends the outstanding customer service provided by this establishment. Unlike other local pawn shops that tend to undervalue items, they do not engage in lowballing. Lovely speaks highly of the pleasant owners and expresses their commitment to conducting future business with them exclusively. If possible, Lovely would award them 10 stars and strongly recommend everyone to visit this establishment, citing their honesty and legitimacy as exceptional qualities.
Some Negative Reviews:
#1. Virginia expresses her dissatisfaction by stating that the owners are notably unfriendly and carry a negative “I’m superior to you” demeanor as soon as you enter their establishment. She suggests that businesses should aim for a more personable approach, recognizing customers as individuals first, whether they are selling or buying, to enhance the overall experience.
#2. Charles reports that within a span of 36 hours, he observed a nearly $45 increase in the premium for a 1oz gold eagle. He describes this sudden change as dubious and indicative of a somewhat avaricious approach.
#3. Damian and Jay strongly advise against seeking assistance from this individual and emphatically recommend avoiding any future dealings with them.
#4. Mydnight advises caution when dealing with a business operating under the name “Florida Coin Shop.” They note that despite marketing themselves to conservative audiences, the business offers buyback prices that don’t align with the initial offer when you make a phone call.
#5. Mark eagerly anticipated meeting Brian after watching a video and scheduled a meeting, driving over an hour to reach him. Despite Mark’s determination not to waste the trip, Brian’s response upon arrival was unwelcoming. Mark, an older citizen with a disability, and his service dog introduced himself and explained the appointment. Brian, however, reacted negatively, citing severe allergies and refusing to proceed with the business interaction.
Disheartened by the encounter, Mark has chosen to report this incident to the Americans with Disabilities Act, shedding light on Brian’s lack of hospitality and providing valuable insights into his character in business situations.
Is Vermillion Enterprises Legit? Should You Invest With Them?Is Vermillion Enterprises a scam or legit? Are they worth it?
Vermillion Enterprises is a precious metals dealer that has been in business since 2014. They have no rating on the Trustpilot and Business Consumer Alliance. However, they have a 4.9-star rating on Google, 4.4 stars on Yelp, and a 5-star rating on Yellow Pages.
Whether or not this company is legitimate is a matter of opinion.
Before you make any final decision, I recommend checking out our top gold IRA providers.
There, you will find out what the industry’s best has to offer. Also, it will ensure you make an informed decision.
Or, you can check out the best gold dealer in your state below:
A+ rating on BBB
Has good ratings on Google and Yellow Pages
Limited online reviews
Lacking transparency about management
Non-accredited by BBB
No IRA-related services
Each state has its regulations and rules, so we’ve sorted and found the best Gold IRA company for each state.
Our top companies have a clean background and aren’t involved in any kind of major legal dispute. You can check out the list here.