The pillars of stability within the Coin Industry are knowledge, experience, honesty, and financial strength. Serious investors should work with a dealer that buys and sells the coins they handle. Many dealers only want to sell coins and may refer you to an auction company as a way of liquidating your portfolio. This is true for very rare coins but not for bullion or generic ones, and can be an indication they may be charging too high a premium for their coins.The right precious metals dealer can help make your buying and selling experience as easy as possible. When looking for a trusted precious metals dealer, you might be inclined to go with the first option you find when you do a quick internet search, especially if the price is right. However, not all precious metal dealers are created equal, and it is important to select a dealer that is trustworthy, scrupulous, and honest.
Here are a few helpful hints and questions to consider when deciding on a precious metals dealer:
1. Because of the trend in gold and silver prices over the past few years, many upstarts and untrustworthy shops have been weeded out naturally. It goes without saying that you want to invest with a dealer who has extensive knowledge of precious metals as well as buying and selling within the industry. Unfortunately, nothing is ever guaranteed in the business of precious metals, but there are a few actions you can take to help lower your risk of doing business with an untrustworthy dealer.
2. Online or local. Decide early on whether you would prefer an online or local dealer. An increasing number of individuals are doing their shopping online, and with good reason. The prices you find online will usually be much lower than any price you pay at a local coin shop. An online dealer is not going to have any of the brick-and-mortar costs and they also have access to a national market, sometimes even international. While local shops may have higher costs, they are a great option if you want to get some quick cash. Many individuals also prefer local shops for their sense of security and privacy, something that some online dealers often lack. You can also view the metals you are buying firsthand. Remember with Barkley Rarities we can always set an appointment to bring products to you at the comfort of your home or office within the NY Tri-State Area. It is important to note that both online and local dealers present their share of associated risks.
3. Consider price. When it comes to price, you should always compare dealers to see which ones have the best, most reasonable offer. Many unsavory operations offer prices that seem too good to be true. it is important to stay aware of current and fair metal prices so that you can get a good deal without getting scammed.
4. Look at the selection. As far as product selection goes, do they offer a wide variety of precious metals? Do they have a variety of products to choose from? This is an important marker of their business operations and what you can expect from them in the future.
5. Check delivery and shipping fees. Trustworthy dealers should provide tracking information and delivery within a couple of days.
6. Check their refund policy. At Barkley Rarities we always offer a 100% guarantee you will be happy with your product or we will give you a full refund and even pay for your return shipping. You can always buy with confidence that you will absolutely love your purchase or your money back! .