• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Important Factors to Consider When Identifying Coin Dealers
 

Important Factors to Consider When Identifying Coin Dealers

on

  • 488 views

Visit http://www.daytradingcommodities.org/ for more info

Visit http://www.daytradingcommodities.org/ for more info

Statistics

Views

Total Views
488
Views on SlideShare
488
Embed Views
0

Actions

Likes
0
Downloads
0
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Important Factors to Consider When Identifying Coin Dealers Important Factors to Consider When Identifying Coin Dealers Presentation Transcript

    • Working directly with coin dealers provides you with theeasiest access to coins, bars, and any variety of items you can invest with in the precious metals market. Coin dealerships are the most likely to provide you with high-quality products and financial instruments whose value or worth you do not have to doubt. We will take this opportunity to discuss what coin dealers can usuallyreadily provide to you, as well as give a few reminders as to what qualities you should be on the lookout for when finding the right coin dealer for your needs.
    • The vast majority of coins that are offered by gold and silver coin dealers are those that are made in large part from precious metals, that is, of gold, silver, or platinum.The amount of precious metal in each of these coins can of course vary from coin to coin. There are two broad categories that coins considered as investment can be placed in, that of rare and collectible coins, and that of "junk silver" coins.
    • Some coins fall into the broad category of being known asrare and collectible coins. These coins tend to be desiredbecause of their historical value, as opposed to a pricetag that is fixed solely to the amount of metal in each piece. Coin collectors, museums, and specialized collections are usually the parties who find these coins most valuable. These with a high historical value tend to be more rareand difficult to find, and so it is not surprising to see someastronomical prices for individual pieces. Collectors tend to check-in with coin dealers to see if a particular coin is available, and if it is, how much the going rate is for the piece.
    • Junk silver coins. This is a very specific term referring onlyto silver coins with silver composition equal to or less than 90%. In the case of gold, there are also coins that have lower gold content and are sold in bulk. In general, junk coins are valued more for their metal content than for anything else. An important caveat to this statement isthat a junk coin must be abundant and common. Any coin that is exceedingly rare will always sell for a high price regardless of its composition.
    • There are other ways to invest in precious metals, and themeans most prevalent in popular media is that of investing in bulk forms of the metal, usually shaped in bars, rounds or ingots. Because investors all have varying needs, these gold and silver bars, rounds or ingots can range in weightfrom a few grams to hundreds of ounces. The brand of the bar is also a significant piece of information here, since a brand can be an indicator of the bars purity.
    • You might also be surprised that some coin dealers accept dental gold to later on refine and purify it to become amuch more attractive investment vehicle. This emphasizesthe value of precious metals and how each and every form of investment is important towards safekeeping wealth in an otherwise rough economy.
    • Finding a reliable coin dealer will take a little bit of research, but it is well worth the reward. When lookingfor a potential coin dealer with whom to do business, take advantage of the opportunity to review customer feedback if possible. This information will be able to illustrate in a real way how a particular coin dealer will deal with your potential transaction. Finding a reputable dealer who has also been in business for a significantamount of time-which may prove that the dealer is able toengage in the business during economic ups and downs--is another piece of common sense advice.
    • Coin dealers are like any other merchants on the market, and they can offer the investor a wealth of information gained by experience in the field. Coin dealers are aninvaluable asset to anyone who is thinking of investing in precious metals, regardless of the form the metal may take.
    • http://www.daytradingcommodities.org/