How do you find a reputable coin dealer?

How do you find a reputable coin dealer?

Starts here2:16Coin Collecting : How to Pick a Reputable Coin Dealer – YouTubeYouTubeStart of suggested clipEnd of suggested clip45 second suggested clipFirst is to look around your local. Area. For example look under yellow pages google however youMoreFirst is to look around your local. Area. For example look under yellow pages google however you search local businesses.

What is the Commission on gold coins?

According to the Professional Numismatists Guild, the average retail commission for one-ounce American Eagle or Maple Leaf gold coins is about five or six percent.

Where is the best place to keep gold coins?

Rather than storing them in water, though, it’s recommended to store gold and silver in dry places like a depository, a safe deposit box, or an at-home safe. If you use one of those locations, consider putting your gold and silver in a waterproof container to be on the safe side.

How much over spot should I pay for gold coins?

On average, you should expect to pay between 2 and 5 percent over spot. Any more than that, and you’re going to have a harder time recouping your costs.

Can I buy gold coins at the bank?

No, there are only a limited number of banks that are authorized to sell gold. In addition, most banks don’t sell physical gold but digital gold only. So, if you want to buy gold from a bank, you need to call them and confirm whether they sell gold or not.

How do I get someone to appraise my coins?

The industry has attempted to standardize appraisals through the Professional Coin Grading Service. You can get an appraisal of the more valuable coins in your collection from a dealer authorized by the PCGS; find members in your area at http://pcgs.com/dealers/.

Where can I buy bullion coins in Columbus?

American Coin & Collectibles is a small shop located in Columbus that buys and sells coins of all types. They have been in the coin business for over 37 years. Their inventory features bullion coins, as well as pre-1933 gold and pre-1965 silver.

Where can I buy precious metals in Columbus Ohio?

Below is a list of some of the top precious metals and coin dealers in Columbus, Ohio. Allen’s, founded in 1960, is among the Columbus area’s oldest coin shops. Their selection includes U.S. and world coins and currency, error coins, and coin jewelry.

Where can I buy pre-1933 gold coins in Columbus?

Their inventory features bullion coins, as well as pre-1933 gold and pre-1965 silver. They also specialize in collectibles of all types and have an ever-changing selection of items to choose from. Buckeye Gold Coin & Jewelry is a Columbus precious metal dealer buying and selling all forms of precious metals.

What does Grove City coins and currency buy?

Grove City Coins and Currency buys all forms of gold, silver, platinum, and palladium, including coins, bullion, jewelry, and scrap. They also sell collectible U.S. coins, precious metals, and paper currency.

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