Hard Money Matters: Unmasking Fake News in the Coin Collecting World

Podcasts > Hard Money Matters

Hard Money Matters is a weekly radio program originating from Sarasota, Florida and featuring John Maben of Pegasus Coin & Jewelry, and hosted by overnight talk show host Kyle Warren. Each week John and Kyle discuss the precious coin and jewelry marketplace, how it fits into the contemporary investment world and how folks can access the large inventory Pegasus has to offer

The show airs Saturday afternoons at noon on AM 930 The Answer in Sarasota. Listen each week LIVE here, call John at Pegasus Coin & Jewelry at 941-725-6100, visit their website

https://www.pegavault.com/

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Friday, September 19, 2025

In this episode of Hard Money Matters on AM 930 The Answer, host Kyle Warren and John Mabin, owner of Pegasus Coin and Jewelry in Bradenton, dive into the growing issue of fake news and misinformation in the coin collecting and precious metals community. They discuss the proliferation of misleading online articles and social media posts that falsely claim certain coins, often with fabricated mint errors, are worth millions. These stories, driven by clickbait motives, lead to scams like paid apps with fake price guides and backlink farms, wasting collectors' time and misleading the public. John highlights the impact on coin dealers, who face frequent inquiries about nonexistent "rare" coins, and explains how legitimate errors differ from these scams. The episode also touches on genuine high-value coins sold at reputable auctions, like those by Heritage Rare Coin Galleries, and warns against manipulative sales tactics, such as cold calls and data harvesting. Listeners are encouraged to rely on established sources and professionals for accurate information and to visit Pegasus Coin and Jewelry for free verbal estimates on their collections.