The decision to invest in gold coins is not one that you made lightly, so you should treat your coin dealer choice with just as much gravity and seriousness. There are so many risks in today’s marketplace that it can be scary to figure out where exactly you should put your money. Most investment professionals believe that you should keep five to fifteen percent of your portfolio in precious metals, because gold and silver act as excellent hedges against inflation and a safe investment no matter what the economic climate.

You need to protect yourself against any fraudulent coin dealer that you might come across. The most important step to making sure you don’t get hoodwinked is doing all the research you can about the economic climate, the price of gold, pricing histories in general, and who the reliable coin dealers are, both in your hometown and on the Internet. You can find a good coin dealer if you do the research, but you’ll never get there unless you are diligent and careful. The best dealers have a strong professional reputation among their peers, so check for that as well as customer reviews. (more…)

Chances are if you have gone to a flea market you may have seen coins for sale. Oftentimes people sell their coin collections or random coins that made their way into their belongings. Despite the fact that these vendors are selling coins amongst the other goods at their tables this does not necessarily make them a coin dealer. There is a possibility they do not know anything about the coins they are selling and simply want them out of their possession. This could result in you getting a really good deal for a valuable coin. On the other hand you could end up paying too much for a coin if you yourself are unfamiliar with coins and their value.

If it so happens that you are new to the world of coins, perhaps you are starting out a new collection or building upon one that you have inherited, it is important to observe a few rules before purchasing from anyone.  There are many books and websites easily accessible which offer greats tips on what to look for when you are purchasing coins from coin dealers or elsewhere. These sites can tell you what to look for and what to avoid. (more…)

Buying coins or precious metals is a great way to prepare for your future. It is also a great way to do things as a family and create a family tradition. You can take great trips to go hunting coins with your children and have everyone involved. These are great investments as well. With a rocky market adding some stability to your portfolio is always good. Here are a few things you should know before purchasing your coins and to know how to find a reputable coin dealer.

When searching for a coin dealer there are a few things to keep in mind. Some sell items in brick and mortar buildings while others sell strictly online. Deciding what type of dealer you want to deal with is a great way to get started. You want to make sure that you are okay with not seeing your items before you buy when dealing with online dealers. (more…)

There are a lot of con-artists in the world. These thieves promise people high profits and minimal investments. They swear their coins are all the rarest coins and they are offering them at the best prices possible. They send the coin and gold investor certificates of ownership or they send poor quality coins, claiming the rarity and age accounts for the condition. While these con-artists can pose as gold and coin dealers, not all gold and coin dealers are con-artists. There are some very important differences that one should pay attention between the real dealer, one like the Monex coin dealer, and the con-artist coin dealer.

The real coin dealer is going to be a respectful individual who will explain the process of investing in coins, gold, and other precious metals. While the individual may not be certified in investment himself, he will be able to provide security information regarding the company. The Monex coin dealer is contractually and legally obligated to tell the buyer the entire truth regarding the investment material that is being purchased, including the potential risks associated with this investing. However, the con-artist is driven by the sale, and he will tell the buyer what ever he or she wants to hear in order to obtain a sale. This can include lies regarding the potential profits and the costs of the product that is being purchased. (more…)

When you decide to invest in precious metals, your coin dealer will have several distinct options for the format of your bullion: bars, rounds, or coins. It’s important to know how and why to purchase these items, to protect your investment.

Bars

Precious metal bars are a popular format for store-of-value because they are easy to transport and store. The most popular sizes for metal bars are a large 1000 ounce bar and a smaller 100 ounce bar, minted in standard sizes. The large bar is the industry standard for storage and trading, while the 100 ounce bar is a convenient size for personal delivery, for storage in a safety deposit box or home safe. (more…)