Choosing a reputable certified coin dealer may initially seem like a daunting task, but shrewd investors who avoid the glitzy trappings of local gold dealers, will find that internet research is far more beneficial, and cost effective. Seasoned precious metals buyers know that local gold dealers typically charge exorbitant retail prices for their certified rare coins, and that many dealers even certify modern, mint-condition bullion coin, to dupe inexperienced buyers into overpaying for a coin with no numismatic value.
- A bit of Internet investigating will greatly aid investors in choosing a reputable certified coin dealer, and investors are hereby advised to keep the following guidelines in mind.
- Always conduct background checks on any precious metal dealer that you are considering. Better Business Bureau ratings of A, or better are recommended.
- Avoid dealing with any dealer that tries to sell you certified bullion coins. Since bullion has no numismatic value, prices for bullion coins generally hover slightly above the current gold spot price.
- Only trust either PCGS (Professional Coin Grading Service), or the NGC (Numismatic Guaranty Corporation), for their rare coin numismatic certification. These two companies are the industry leaders in rare coin assaying, and lesser-known certification companies could disappoint long-term investors when liquidation time comes.
- Select a large-volume precious metals exchange to satisfy your bullion, and rare coin requirements. Reputable exchanges offer what are known as “institutional discounts” to corporate buyers like insurance companies and banks, as well as to household investors like you.
Investors are encouraged to complete their research, and then to contact one of our friendly specialists, who offer these institutional discounts on bullion, and rare gold coin to household investors like you.