Sunday, 6 January 2019

San Antonio Coin Buyer And How To Get The Right One

By Mary Baker


While it is not difficult finding a coin dealer, finding one that is honest and qualified is not as easy. You should get a dealer who is reputable, is financially stable and is respected by his peers. They should demonstrate that they have ethics and with good reviews. There is an association known as Professional Numismatics Guild, PNG, that dealers are supposed to be members. It has strict requirements for one to join. For the residents of San Antonio coin buyer selection is critical.

One of the factors to consider is the experience of the buyer. In case you are purchasing coins for purposes of investment, you need to work with a dealer who is reliable and knowledgeable. They should be able to provide meaningful and accurate advice. When you meet buyers, you need to tell them what your interest is. That involves asking how long they have been in service, what their specialization is and whether they are a member of the PNG.

If you meet a dealer who is just getting into the business, their experience is likely to be less. You should also be wary of those who say they specialize in all fields because that means they have minimal knowledge. You should ensure a coin dealer is a member of the PNG, which would show they are ethical and are committed to the work. Asking whether they have a partner helps too because having a partner indicates that they intend to have continuity in the business.

It will be of help to know whether that dealer has any assets. While most coins in the market are usually genuine, you are likely to find counterfeit or altered coins once in a while. That is why you need to be certain the dealer will be available in many years to come. They should be financially stable because that shows that should there be a dispute, they will be in a position to repay.

You should work with dealers who are well known and respected among the peers. Among the best forms of safeguards when you are choosing a dealer is that they need to get vetted by peers before joining the guild. Any person dealing in coins who has a bad reputation is never respected among peers. If in any case you are a member of a coins club, you could ask around whether they have any information about a prospective dealer. If there were problems, you need to know if they were solved.

The best dealers to work with buy coins from are those who subscribe to ethical standards like the ones that are espoused by the PNG. Such dealers are able to take their time to look at the needs of their clients and the coins. They will then give an honest appraisal. They are able to represent your merchandise in a fair way and grade coins fairly.

You should be able to get recourse in case you get ripped off. Dealers who belong to the PNG are in agreement that they submit to binding arbitration should there be disputes to solve. This is critical for those buying coins for purposes of investments.

There are various places you can find buyers or where you can sell coins. It could be in a coin shop or physical auction. There are also online auctions or marketplaces.




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