There are many ways to get started in the world of coin collecting. Quite a few people get an early start when they are given a rare coin as a gift. Perhaps someone gave you a Morgan silver dollar as a birthday gift, or a Peace dollar as a graduation gift. Regardless, once you get started, you will find that this is an incredible world, filled with an amazing number of coins to collect and enjoy. How do you go about furthering your involvement, though? How do you know what coins to collect and what coins to avoid? A rare coin dealer can help here.
Why should you use a rare coin dealer? Admittedly, there are numerous informational resources on the Internet today. However, there is a problem with much of this information. For instance, you will find quite a few resources that tell you to clean your coins (particularly silver coins) before you attempt to sell them or have them appraised. This information is just plain wrong, as cleaning your coins can have a serious impact on how much they are worth (it reduces it considerably).
Therefore, you should hold much of the information found online suspect. Where does this leave you? Actually, this is an excellent reason why a rare coin dealer should be sought out for your needs. With the right coin dealer, you don’t need to worry about misinformation being given to you, either. Of course, you will also find that a coin dealer will give you the information you need about the various coins out there to help you further your collection. This can be valuable for those just starting out collecting coins, but it can also be a great option for those who have been involved in the world of collecting for some time.
How do you choose the right rare coin dealer, though? There are so many dealers available that it can be quite confusing for those new to the world of collecting. What makes a good coin dealer? First, the dealer should be more than willing to listen to your desires. After all, you are patronizing his or her business, not the other way around. Therefore, if a dealer shows signs that they are not paying attention to what you really want and continually tries to fob something different off on you, you should avoid using that particular dealer.
A rare coin dealer should also offer a satisfaction guarantee on your purchases. This ensures that if something is wrong with the coin (mistaken grade, etc), you are able to return it for a full refund. If a dealer does not offer such a guarantee, do not be afraid to ask why not. Often, you will find that you do not wish to deal with these businesses anyway. As a final note, make sure that the coin dealer is part of a respected and recognized numismatics organization, as this provides some proof of their veracity.