How Do You Buy And Sell Coins In Todays Market?
Coin collecting has become one of the most popular hobbies in America. The success of the State Quarter program (1999 to 2008), Presidential Dollar coins and the First Spouse series (to name just a few) have brought millions of new enthusiasts into this hobby. The United States Mint has increased their advertising budget dramatically in recent years. There is a variety of coin shows on television. Newspapers often print full page announcements offering special deals on “rare” or “limited” sets, including Olympic coins, old silver dollars and “historical” issues. The Internet is loaded with websites for dealers. And on it goes. How can you navigate your way through the “jungle?” A little common sense, research and comparison shopping will save you a lot of money! Here are some do’s and don’ts for any prospective buyer or seller of precious metals and coins. Determine WHAT you want to collect. You have many choices. Are you trying to assemble a complete set of Lincoln pennies, Jefferson