United Coins and Precious Metals owner offers more than 30 years of experience as an investor and collector in his field
By Kristina Houck
A coin collector since he was a child, Peter Kevorkian began purchasing ads in coin publications when he was just 12 years old. As the owner of La Jolla-based United Coin and Precious Metals, he now buys and sells gold, silver and platinum bullion, coins and jewelry.
“At a very young age, I started searching pocket change and it never stopped,” Kevorkian said. “I’ve pretty much always done this in some form or another.”
A strong believer in investing in gold and other precious metals, Kevorkian views the global debasement of currency as a sign for investors to take advantage of the buying opportunities in precious metals.
“Gold has done very well over the past 12 years largely because the United States and other central banks around the world keep printing money,” Kevorkian said. “Every time they print more money, they debase the dollar, or whatever the currency might be. When that happens, you generally make the value of gold go up.”
Kevorkian sees metals as a long-term investment and a hedge against uncertainty. And he follows his own advice. In fact, he financed most of his college education by selling high-grade silver dollars he purchased in the 1970s.
