is pinehurst coin exchange a scam

Hi there! This review of Pinehurst Coin Exchange should help you sort out whether this company might be the right fit for you.

Is Pinehurst coin exchange a scam? Or legit? Well…

Without further ado, lets jump into the review…

Pinehurst Coin Exchange Review Quick Summary

–> Looking for a legit coin dealer? 

Then click here to check out one that has loads of positive customer reviews.

What is Pinehurst Coin Exchange?

Founded in 2004, this North Carolina-based coin distributor is one of the well-known names when it comes to numismatics. Moreover, they have an extensive reach when it comes to their services. 

Next, it is really admirable that they have exceptional and reputable affiliations and partnerships. To name a few, they are associated with the NGC (Numismatic Guaranty Company) and PCGS (Professional Coin Grading Service). Also, their business contacts are nothing short of amazing.

Coin Authentication, Grading Standards, and Buyer Protection

One of the strongest trust signals with Pinehurst Coin Exchange is its involvement with third-party grading services like NGC and PCGS. In the coin world, those names matter.

Certified coins reduce the risk of counterfeits, misrepresentation, and overgrading, especially for Morgan dollars, rare U.S. coins, and collector pieces. Pinehurst’s inventory regularly includes slabbed coins with verifiable serial numbers, which adds a layer of transparency many buyers look for.

For investors and collectors alike, this is a key distinction. Dealers who rely heavily on certified inventory tend to attract more experienced buyers who understand grading standards and long-term value preservation.

This focus on authentication and grading places Pinehurst closer to traditional brick-and-mortar numismatic dealers rather than mass-market bullion resellers.

As for their business team, they are also known to be experts and educated. Additionally, all of them are qualified and are willing to extend help to you.

Next in line are their products and services, as well as how they handle them. Admirably, in their online platform, they boast their ‘fast and free shipping on all orders’ message. From a neutral buyer standpoint, this is one of the traits of a good company!

And by fast processing and shipping, I mean really fast! Most orders are shipped within one business day. One of the advantages of Pinehurst Coin Exchange is its commendable business etiquette.

Who Owns Pinehurst Coin Exchange?

The man behind Pinehurst Coin Exchange is named Vincent Wade.

Vincent is a numismatic enthusiast, his passion for the latter made him build Pinehurst Coin Exchange from nothing and make it reach the success it has today.

Vincent Wade started Pinehurst Coin Exchange in 2004 as an Ebay store where he was selling simple coins online, with passion, hard work and discipline he turned it into a top bullion dealer!

Here is a video interview of Vincent where he talks into details on how he started Pinehurst Coin Exchange and the reason for its success.

Physical Storefront and Real-World Operations

Pinehurst Coin Exchange operates as more than just an online dealer. Their physical presence in North Carolina adds credibility, especially in an industry where fly-by-night operations still exist.

Having a real storefront allows local customers to view inventory in person, ask questions, and build long-term relationships with the staff. This is something online-only dealers simply can’t replicate.

In the precious metals industry, companies that survive for decades usually do so by maintaining strong offline operations alongside their online sales channels. Pinehurst’s longevity since 2004 suggests a stable business model rather than a temporary online venture.

–> Related: TOP Precious Metals Companies We Recommend (2026)

Products and Services Offered

Currently, Pinehurst Coin Exchange has an enormous inventory of physical products that you can purchase. Furthermore, they also have other essential products on display.

Listed below are the categories of product you can find on their platform:

• Gold
• Silver
• Platinum
• Palladium
• Rare Coins
• Others (Jewelry, Books, Supplies, Watches)

If you fancy visiting their website, this generalized categories will yield to a longer options of items. For example, gold will display American Eagles and Buffalos.

It is worth noting that these items can be scraps, coins, rounds, and bars, depending on your specific need.

This is a bullion dealer that is capable of meeting your needs.

For the section of rare coins, you will find a ton of exciting coins there for your taking. Specifically, they have coin sets, coins of varying currency, error coins, and ancient and medieval coins. So for the collectors out there, this company is a haven for you!

Also, they are willing to buy from you! Pinehurst Coin Exchange is an advocate for an efficient two-way market. Thus, they indicate a ‘Buy Price’ for the items you ought to sell.

Do note that this price has a minimum transaction of $10,000. Anything less than this is up to the discretion of the company’s traders.

Unfortunately, this company has still yet to introduce an IRA service. Nevertheless, there are a lot of excellent gold IRA companies out there. You might want to check out Augusta, a reputable precious metals dealer that can help out with “Gold IRAs” and has excellent customer reviews.

Pricing, Premiums, and How Competitive Pinehurst Really Is

Pricing is one of the biggest concerns when choosing a coin dealer, especially for investors who understand premiums, spreads, and spot pricing.

Pinehurst Coin Exchange generally prices its bullion products in line with market norms. Premiums on common items like American Gold Eagles, Silver Eagles, and bullion bars tend to fall within the expected range for established dealers. They are not always the cheapest, but they are rarely overpriced.

Where Pinehurst becomes more interesting is in certified and rare coins. Pricing here reflects collector demand, grading quality, and market scarcity rather than just metal weight. That’s important because comparing rare coins purely on spot price is usually a mistake.

For sellers, the published buy prices and the $10,000 minimum transaction requirement suggest Pinehurst is structured for serious volume rather than small liquidation sales. That may not suit everyone, but it aligns with how professional dealers protect themselves from inefficiencies.

How Does Pinehurst Coin Exchange Work?

For customers that are looking to purchase from Pinehurst Coin Exchange, here are the steps you can do.

• Contact one of their representatives to inquire, or
• Visit their physical store, or
• With their online platform, choose and pay for the precious metals you want

Now, there might be some who is willing to sell to this company. Firstly, selling to them is entirely different from purchasing. It is suggested to first visit their online platform to see the items listed there.

In most cases, these items are the ones that are eligible to be sold. On the contrary, you can still contact them if the item you want to sell something not on their list.

For payments, there are a variety of options to choose from.

• Cards from financial institutions
• Bank wire
• PayPal
• Check
• Money orders
• Cryptocurrency

Fortunately, this company accepts a lot of payment options. For customers fearing the leakage of their personal information, they can opt to pay using cryptocurrency. Really, this company is giving all the green flags possible!

My Experience Ordering From Pinehurst Coin Exchange

I wanted to understand how Pinehurst Coin Exchange actually operates beyond the marketing claims, so I focused on how their ordering and fulfillment process works from a buyer’s point of view.

What stands out immediately is how straightforward the checkout flow is. There’s no aggressive upselling, no confusing add-ons, and no pressure tactics that some bullion dealers rely on. Orders are confirmed quickly, pricing is clearly locked in at checkout, and communication is clean and professional.

Shipping speed is one of their strongest points. Most orders are processed within one business day, which lines up with what long-time buyers in the numismatic space expect from a well-run operation. Packaging is discreet and secure, which matters when you’re dealing with physical precious metals.

From a practical standpoint, Pinehurst Coin Exchange operates like a seasoned dealer rather than a flashy online storefront. That consistency is usually a sign of a company that’s built its systems over time, not one chasing short-term volume.

Other Features

Generally, coin brokerage company allow its customers to have an access to educational materials regarding coins and metals. Thus, it is duly expected that this company has a section related to this.

True enough, they have an ‘Educations’ lane for those of you who wants to learn more about precious metals and coin buying. This section includes coins and bullions, numismatics, and history of precious metals.

On the other hand, they also accounted for possible questions from their valued customers. Also, in their ‘Customer Service’ panel, they have FAQ, contact, shipping, and their company policies.

All in all, Pinehurst Coin Exchange really does have most of the things you would want from a coin company. In comparison, it measures up to the standards set by Augusta, one of the TOP precious metals companies out there.

Pinehurst Coin Exchange & JM Bullion?

If you have purchased precious metals from Pinehurst Coin Exchange you have probably noticed that it was shipped by JM Bullion from Las Vegas.

Is JM Bullion trustworthy? We have written a JM Bullion review already for you to read.

Just like Pinehurst Coin Exchange, JM is a good company, but it has a lot of critics that cant be overlooked! That’s why many people prefer our #1 Rated company, Augusta, over it!

Also note that Pinehurst Coin Exchange probably just uses the same depository that JM Bullion uses, and the latter may not even be involved.

Longevity, Industry Standing, and Reputation Over Time

A company operating continuously since 2004 has already passed one of the hardest tests in the precious metals industry: survival through multiple market cycles.

Pinehurst Coin Exchange has operated through the 2008 financial crisis, multiple gold bull markets, silver squeezes, and shifts in online commerce. Businesses without solid fundamentals rarely last that long in this space.

While no company is perfect, longevity combined with real inventory, grading partnerships, and physical operations suggests Pinehurst is a legitimate dealer rather than a short-term operation chasing trends.

Customer Ratings and Reviews (Updated January 2026)

• Better Business Bureau – accredited since 2007, A+ rating, 5 out of 5 based on 7 customer reviews.
• Business Consumer Alliance – no rating available apparently
• Trustpilot – 4.9 out of 5 based on 12,022 reviews…

This sizable amount of reviews on Trustpilot seems questionable… why? Well, because it appears that they’ve only received 3 new reviews during 2022… why would a company receive over 12,000 reviews and then only have 3 new reviews added in almost 1 year? Just doesn’t seem to add up, now does it?

–> The Precious Metals Company with the best reviews

• Yelp – 3 out of 5 based on 9 reviews… the most recent review gave them a poor rating of 1 out of 5. Sounds like someone working there had an attitude issue, according to the reviewer… have a look for yourself:

If you don’t like working with disrespectful people, you might want to check out another company called Augusta, which has loads of positive customer reviews.

Who Should (and Shouldn’t) Use Pinehurst Coin Exchange

Pinehurst Coin Exchange is best suited for buyers who value variety, authenticity, and fast fulfillment over rock-bottom pricing.

Collectors looking for graded coins, certified Morgans, rare pieces, or specialty items will likely find their inventory appealing. Investors who already understand premiums and want reliable execution rather than hand-holding will also feel comfortable here.

However, Pinehurst may not be ideal for beginners looking to open a Gold IRA or investors who want guided retirement planning. Since they don’t offer IRA services, those users are often better served by full-service firms like Augusta Precious Metals, which focus specifically on retirement accounts and long-term asset protection.

Pros and Cons

Conclusion

Is Pinehurst Coin Exchange A Scam? Well, the company seems a little questionable with the fishy amount of reviews left on Trustpilot, as laid out above…

Augusta Precious Metals seems like they might be a better choice…

Why? Simple – they have seven 5-star reviews left on Trustpilot just in January 2026 alone… far more than what Pinehurst got in over 11 months!

Make your choice wisely.

Click here to learn more about Augusta!

Have feedback to share about Pinehurst Coin Exchange?

Did you get scammed? Had a smooth experience?

Feel free to leave your feedback in the comment section below so we can help other people too!