Can you recommend a reliable coin dealer?
I'm thinking of buying a coin a month from some of the money I make from a part time job.
NoMoreRepugs
(10,646 posts)Quakerfriend
(5,663 posts)in Inglewood CA.
ret5hd
(21,320 posts)Find a person in your area that is really into metal detecting and coin collecting. There is a lot of intersection between the two groups.
Ask this person questions
who are the reputable coin dealers in your area? What dealers are good for bullion? What dealers are good for collectible coins? Who would they buy from? Who would they sell to?
In my experience, there will be one or two solid dealers in a metropolitan area
and a lot of buy/sell gold for cash!!! type of places (avoid those like the plague).
Buy local
you can look at it, examine it, compare it, etc. You cant do that over the internet.
Also, go to local coin shows. Not necessarily to buy, but just to get a feel. There will be both bullion and collectible coins there. It will give you a good feel for things in your area.
multigraincracker
(34,324 posts)You have dealers competing for your money and have to offer better prices than coin shops.
Like most collectibles, its all about condition and grading.
leftieNanner
(15,742 posts)In Medford Oregon.
My husband has collected coins for ever. Rogue Valley Coin is fair, knowledgeable, and honest. Talk to Mike.