What You Need to Know About Buying Rare Coins, Gold or Silver Online

The internet has revolutionized the way investors and coin collectors purchase gold, silver and rare coins. Instead of visiting a local coin shop, customers now enjoy the convenience, ease, affordability, ability to comparison shop and wider selection of precious metals available from online stores. While we may be understandably biased in this particular matter, if you are looking to buy gold, silver or rare coins online, there are a few things you should know to make an informed decision. In this article, we’ll further explore the advantages of buying collectible coins online, and will also explain how to choose a reputable online dealer.

 

Advantages of Choosing an Online Dealer

 

  •         Convenience

Unlike your local coin shop, you can buy silver and gold from an online dealer any time you wish from the comfort of your own home (or wherever else you happen to be). This saves you the time and hassle of visiting a store front.

 

  •         Selection

Whereas coin shops have to curate a certain, limited selection to serve local customers, online dealers typically maintain large coin inventories to serve a broader client base. Having an expansive customer base allows online dealers to offer a wider selection of rare coins and precious metals.

 

  •         Prices

Online dealers are able to offer customers lower prices than coin shops thanks to the sheer volume of business they generate, and because they have considerably less overhead.

 

  •         Selection

When shopping for silver or gold coins for sale online, you have the unique ability to easily comparison shop. Instead of visiting multiple local coin shops, you can weigh the advantages and disadvantages of choosing a particular online dealer with the click of a mouse.

 

Buying from a reputable online dealer.

Searching for a trustworthy online dealer is the most important consideration when you want to buy silver, gold or numismatic coins on the internet. Here are a few things to consider when identifying a reputable online dealer:

 

  •          How long has the dealer been in business? Experienced dealers understand market conditions and can leverage their knowledge to benefit their customers. Dealers who have been in business a considerable amount of time demonstrate their dedication to and passion for their occupation, whereas disreputable, fly-by-night dealers just looking for a way to make quick money tend not to stay in the same place for very long.

 

  •          Does the dealer offer return privileges? When buying rare coins for sale online, you should always look for a dealer that offers a return privilege of at least 3-5 days. This gives you enough time to decide whether or not you’re happy with your purchase. A good online dealer stands behind his products, and the best dealers offer an unconditional satisfaction guarantee.

 

  •          Does the dealer belong to any professional trade organizations? Professional affiliations help provide assurance that the dealer is willing to adhere to certain industry rules and guidelines. Look for online dealers who belong to trade organizations like the American Numismatic Assocaiation, PCGS, NGC, CAC or PNG  (Professional Numismatist Guild).

 

  •          What grading standards does the dealer use? A reliable online dealer uses well-known grading services that have been recognized by the coin industry (e.g. PCGS- Professional Coin Grading Service or NGC-Numismatics Guaranty Corporation ).

 

The world wide web has forever changed the coin collecting trade for the better. Both collectors and sellers enjoy immediate access to clients all over the world, contributing to the strength of market for gold and silver coins. An industry leader in physical precious metals and rare coins since 1988, the experienced and knowledgeable team at Park Avenue Numismatics is dedicated to offering the highest quality numismatics. As an established online dealer of numismatic coins, Park Avenue Numismatics’ credentials include:

 

  •          Bought, sold and handled over $1 billion of trusted transactions
  •          Over 31 years of experience with physical metals and rare coins
  •          Three-day return privilege from the day you receive your coin(s)
  •          100% No Questions asked satisfaction guarantee
  •          Member of the American Numismatic Association (Life Member), PCGS, NGC, CAC, FUN (Life Member) Coin grading by: Professional Coin Grading Service (PCGS), Numismatic Guaranty Corp. (NGC), and American Numismatic Association Certification Service (ANACS) Certified Acceptance Corporation (CAC)
  •          Secure payments via PayPal

 

With a flawless reputation and an A+ rating by the Better Business Bureau, Park Avenue Numismatics is an industry-leading seller of physical precious metals and rare coins. Whether you are brand new to purchasing rare, collectible coins or are an experienced investor, we have the knowledge and experience to help you find exactly what you’re looking for at a competitive price. For more information, contact us today and one of our experts will be in touch shortly.

 

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