United Coins and Precious Metals owner offers more than 30 years of experience as an investor and collector in his field

Peter Kevorkian

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.

“We had a bull market in this industry in 1980, and by 1982, I had cashed out,” said Kevorkian, who earned a finance degree at Northern Illinois University. “It was my first real taste of putting in money.

Pretty much everything I got went into it, and I did really, really well. It went up in multiples. In some cases, many multiples.”

Originally from Chicago and now living in East County San Diego, Kevorkian, continues to collect coins and invest in precious metals. A framed photo of his most prized collection — 24 rare half dollars minted from 1892 to 1950 and in the “ultimate condition” — is on display in his store. He recently sold the collection for $675,000.

“I spent $500 on a frame because I was that proud of it,” Kevorkian said. “That would be like if somebody had a collection of Corvettes from 1953 through 1980, but not just any Corvettes. These would be pristine, one owner Corvettes with low mileage and original matching serial numbers. … I’m kind of sad it’s gone. To be honest, I wish I had the coins back.”

With a passion for collecting and more than 30 years experience in investment and collector-grade numismatic material, Kevorkian opened United Coin and Precious Metals in April 2012. He is proud to carry a large inventory of products, provide education and offer transparent pricing, with the value of gold, silver and platinum listed and continually updated on his website.

“I teach people about the products and what they’re doing,” Kevorkian said. “I welcome them.”

Located at 950 Silverado St. in La Jolla, United Coin and Precious Metals is open from 9 a.m. to 4:30 p.m. Monday through Friday, 10 a.m. to 2 p.m. Saturday, and closed Sunday.

For more information, call 858-412-6462 or visit unitedcpm.com.

Related posts:

  1. Coins add up in cystic fibrosis research fundraiser
  2. Mistral owner adds to 18 years of success with new Del Mar Highlands Town Center store
  3. Edward Jones ranks highest in investor satisfaction, according to study
  4. Solana Beach: Hitler desk set temporarily on display at collector’s office
  5. Del Mar resident among San Diego leaders to volunteer for United Way’s Day of Action

Short URL: http://www.delmartimes.net/?p=56764

Posted by Staff on Sep 9, 2013. Filed under Business Spotlight. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply



Bottom Buttons 1

Bottom Buttons 2

Bottom Buttons 3

Bottom Buttons 4

Bottom Buttons 5

Bottom Buttons 6





  • Community input received on proposed health club and pool facility in Rancho Santa Fe
    About 100 Rancho Santa Fe residents showed up on Friday, Oct. 17, for a health club and pool community meeting, the last outreach before ballots were mailed on Monday, Oct. 20. On the ballots, members are being asked whether the Rancho Santa Fe Association should spend $350,000 on a professional planning phase for the potential new community amenity. RSF Ass […]
  • Czech violin duo to perform at Village Church in Rancho Santa Fe
    In cooperation with the Consulate General of the Czech Republic, the Czech School San Diego hosts a free classical violin concert by internationally recognized Czech violin player Jaroslav Svecený and his daughter, Julie Svecená, who are on a tour of the United States. The concert will be at 7 p.m. Oct. 27 in the Village Church. The father-daughter duo will […]
  • Rancho Santa Fe weekly sports update
    Torrey Pines defeated Canyon Crest Academy 4-3 in a Palomar League opener for both teams on Oct. 9. Alayna Tomlinson and Farah Farjood each scored two goals to lead the Falcons. Samantha “Sammy” Cirino added one goal and one assist. […]