Rare Coin Dealer

Newbie coin collectors and even those who’ve been collecting for a while, but are finally getting serious about their investments face a lot of challenges. They must decide what coins to collect and when to buy and sell. They also have to find the coins they want and ensure they’re purchasing authentic coins.

By investing the time it may take to evaluate and choose the right coin dealer, collectors can actually address many of these challenges at once. You may find the right coin dealer in your local neighborhood, in a nearby city or at any location in the world online. Continue reading

Before you head off to the local coin dealer, or use one online, you should know a few things about their business. They generally sell other forms of bullion in addition to coins, to start with, and this means you have more options in their stores than just purchasing coins. They also tend to have some exotic offerings, especially in the case of online dealers, that may appeal to those looking for something truly unique. These offerings are oftentimes popular with those who have been in the collecting world for a while and who have gotten enough money to make larger investments than are required to get into coin collecting at the basic levels. There are several things to look for.

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What makes a rare coin valuable?  If not for profit, why would you want to collect coinage at all?  Some people actually do enjoy collecting coins and have no particular strategy in mind.  They simply enjoy the hobby and the history of it all.  Unique coinage is fun to show off to guests and enjoyable to read about.  That said, practically any coin collector will admit that the best coins to collect are the ones that are extremely rare.

While there might be some collectors that collect any and all mints (even modern coinage) to complete a theme, the majority of collectors want rarities.  Rare coin mints are the most valuable form of coinage.  In order for a coin to be perceived as a true collector’s item, make sure that it has rarity, historical value and good mint condition.  Rarity means the coin has a very limited release—often less than 75 coins in existence. Continue reading

If you are trying to become a serious coin collector then, you should be looking for a coin dealer that knows what he/she is talking about!  In this article, we are going to discuss five different coin dealers and the qualities that make them valuable to a starting coin hobbyist.  Your goal is to find all five of these people in one perfect dealer!

1. An Honest Dealer

This doesn’t only mean that the dealer should be forthright when it comes to handling money; he or she should also resist pushing quick sales or exaggerating facts.  You want a dealer that is honest in every respect.  The coin dealer doesn’t just play by the rules—he or she looks out for your interests as well. Continue reading

Everywhere you turn, you hear the advice “Buy gold!” or “Buy silver!”  That leads one to wonder: why not also buy platinum coins?  What is the difference between platinum, gold and silver?  All of these are considered precious metals.  However, platinum is in a slightly different category than the Big Two.  Socially speaking, platinum has long been regarded as a step up above the finest gold.

Platinum is actually more expensive than gold.  Platinum currently sells for $1,614 per troy ounce, though it sometimes spikes to almost twice the amount of gold.  Like gold and silver, this is a ductile and lustrous chemical element.  Like silver, it is used in a variety of industries including the medical profession and in electronics.  This can be a disadvantage however, as this metal will fluctuate with the rest of the market.  Remember this fact when you think about the option to buy platinum coins. Continue reading