We had the good fortune of connecting with Adam Pezold and we’ve shared our conversation below.
Hi Adam, how did you come up with the idea for your business?
I started my business during the summer of 2020. I have been collecting coins for several years, and I had a friend reach out to me asking if I knew where he could purchase some gold and silver. After sourcing the product, I made him an offer and the deal was eventually completed. Through this experience, I realized that there was a large demand for precious metals, and I began to complete more sales and make new connections in the industry.
Can you give our readers an introduction to your business? Maybe you can share a bit about what you do and what sets you apart from others?
My business involves selling rare coins, paper money, and precious metals using Instagram and other social media sites. In my brief time selling, I have gotten to handle everything from large silver bars, gold coins, and even historical coins like a silver coin issued under Henry VIII. What excites me the most about this field is the sheer number of coins out there. It doesn’t matter how long you have been involved with coins, there is always going to be something that you’ve never seen before.
The biggest lesson that I have learned is that one must surround themselves with good people. I have been fortunate to have several other knowledgeable sellers act as mentors to me, and their insight has been priceless. In the beginning, I came close to quitting several times and my mentors were essential in motivating to keep moving forward. Without their help, I am certain that I would have given up long ago.
Shoutout is all about shouting out others who you feel deserve additional recognition and exposure. Who would you like to shoutout?
I would like to give a big shoutout to one of my mentors, Bob Podol. I have known Bob for many years, and he is always willing to share his connections and knowledge with me. I am very grateful for his help and I would not be where I am today without his support.