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We regularly take calls from Money Metals Exchange customers who have been bamboozled and taken for a ride by one of the many rare coin (or numismatic) dealers and their extortionately high prices.
So what happened? And why do so many people continue to sink their serious money into the illiquid and usually underperforming rare-coin collector market?
Well, the answers can be found by unmasking the deceptive arguments rare coin dealers use to trick their unsuspecting prey into paying WAY more than melt value for gold and silver. Here we examine the three most common deceptions used by peddlers of rare coins...