.. The best advice anyone can give you is to avoid any coin or precious metals dealer that cannot get accredited by the BBB.
J.Austin Jewelers is one such business ,and one ,that also has difficulty getting its act together. .. And you can be sure there’s a good reason why this is the case.
Getting certified by the venerable BBB should be an easy thing for any reputable and honest business . Apparently that’s not the case with Mark Hutto and his highly touted
coin and jewelry businesses.
The best thing to do is to listen carefully to any of the frequent radio ads he pitches on local AM KMED1140 and even those on television.
Listen carefully to the clever presentations , all of which are designed to convince you that you can trust this guy and you can deal with him in confidence.
It costs big bucks to advertise and rest assured, Mark Hutto is not paying for this expensive radio airtime to pitch a public service announcement! …no ,not at all .
All the interview ads you hear Mark Hutto give to the local yokel talk show celeb [ AM 1440 KMED.] are as phony as they are sneaky- clever. ..
Mark knows how to lie and he does it professionally for a living. Mark lies every time he moves his lips. He knows that for the most part anyone wanting to sell something of real value is in need of cash .And many times in desperate need.
Every pawn broker or precious metals dealer knows that for the most part anyone having to sell anything made of gold or any rare coin or any collectible is making an emotional decision to sell.
Conversely, those wishing to buy precious metals[gold,platinum or silver] are also making an emotional decision based on their fears that the money will go bad and inflation will rob them of their savings. And so, off they go to give their soon to be” worthless”cash to a broker only too happy to tell them what a wise decision they’ve made.
And that’s how J.Austin jewelers stays in business :exploiting the fears of his clients too stupid to realize how the precious metals and coin game is played.
One of Mark’s recent phony market analysis is to inform his hoped for customers listening on the radio, to cash out their coin collections and buy the metal. Now that advice wreaks with fraud and incredible dishonesty. The base silver metal fluctuates incredibly but a coin collection usually never does. They’re always opening new silver mines but hardly ever minting new Morgan Dollars. Mark would love to buy your collection of Morgans or Peace dollars and sell you some of his nicked up silver rounds at a big mark up ..
Don’t do it!
So ,only those in desperate need of cash will find themselves at the mercy of this coin vulture. But to make matters worse ,once Mark sees the desperation or the ignorance on the faces of his dumbed down customers standing in front of him ,he then starts his song and dance designed to make you accept far less than your coins are worth or to pay far more than you should, to buy silver or gold coinage.
He will explain things to you in front of his chosen computer on line web site ,and he will sound great ,but wait till he gets to the part where he pays out or the price he quotes for you to purchase. Then you will see Mark for the chintzy money grubber he truly is. Don’t have anything to do with him.
If you get to the point where you have decided to buy or sell coin or metal do YOUR OWN HOMEWORK and call 3-4 reputable dealers before making any decision. I hope you never sell your coins because you are desperate for cash . This is the type of customer Mark is looking for. .. And he will take advantage of you and the emotional state you find yourself in. GOOD LUCK TO ONE AND ALL!