Getting into the coin market can be an investment that stays with you for the rest of your life. For this reason, the first purchase and every other purchase that you made are extremely important. That's why you need to make sure you find the best person in the area to buy coins in Savoy from.

Hollister Jewelry & Coin

766 Memorial Dr, Chicopee, MA 01020

(413) 331-0447

Broadway Coin & Stamp

144 Broadway St, Chicopee, MA 01020

(413) 594-9550

Banker

3621 Vt Route 7A, Arlington, VT 05250

(802) 375-9569

The Collector's Friend

470 North Greenbush Rd., Rensselaer, NY 12144

(518) 238-3818

Norwood Coining

501 Columbia Tpke Ste 23, Rensselaer, NY 12144

(518) 477-2193

Cash for Causes

PO Box 334, Watervliet, NY 12189

(518) 428-2383

A Past Treasures

129 Columbia St, Cohoes, NY 12047

(518) 233-0030

Rods Gold Silver & Coins Precious Metals Buyers

161 college hwy, southwick, MA 01077

(860) 463-8451

Coins

6 Airport Park Blvd, Latham, NY 12110

(518) 786-7200

Empire State Coin

640 New Loudon Rd, Latham, NY 12110

(518) 608-6645

Feiden Signs

35 Kunker Ave, Latham, NY 12110

(518) 785-6131

Amberman Postal History Co

14 Brenden Ct, Clifton Park, NY 12065

(518) 280-2125

Fancy That Antiques

2805 Boston Rd, Wilbraham, MA 01095

(413) 203-9896

Anarchy Precious Metals

411 washington st, keene, NH 03431

(603) 354-3186

Why should I buy coins?.

Investing in coins is a trend that has been on the rise. This is because the value of these coins go up in time, meaning you can easily make a return from it. There are some that are worth more than others, depending on the age and purity of the metal. Many of the coins were used as currency and usually carry their worth factoring in some of these factors. It is therefore, important to try and buy some of this coins because it will be a very big advantage for you going forward. Below are some of the reasons why you should buy silver.

 

Inflation hedge

Many people buy gold and silver coins when they want to hedge against inflation. In the 1970s, gold and silver prices skyrocketed in response to price inflation that went to 13%. When the Federal Reserve brought inflation to normal, many of the gold and silver coins that had been purchased in the 70s were sold and the sellers converted it into paper investments.

 

Worst case scenarios

There are also some people who buy the gold for survival purposes because they fear the worst. One of the concern for them is the Federal Reserve printing so many dollars that the worth of the dollar becomes nothing, which has been the case for many currencies that cannot be redeemed for gold or silver. Another fear for this people is financial meltdown which would force the banks to be closed. When the value of the currency lowers, then many investors find themselves in a position where their investments are lower. People who invest in these coins believe that in an event of a financial meltdown or the currency becomes worthless, they can use the coins in exchange for goods and services. This means they will have an easier mode of survival.