How Much Gold & Silver Can You Purchase from a Coin Dealer in Cash?   One of the most asked questions we receive from customers and prospective customers is how much gold and silver they can purchase with cash. This is a valid question, as many of our customers are private and prefer that their exchanges remain anonymous. In other words, their preference is to avoid filing forms with the IRS. In the United States, at least as of this writing in early 2024, it’s possible to purchase up to $10,000 in gold and silver coins and bullion in cash without having to file an 8300 form ..read more

Why We’re at the Tipping Point of the Banking Crisis and Why You Should Invest in Gold & Silver   When we look back a couple of years from now (possibly sooner), we’ll likely point to March 10, 2023 as the tipping point for the next financial crisis. This is the date that Silicon Valley Bank (SVB) failed. Historically, banks have only been insured for up to $250,000 per account, but in this case, the Federal Reserve clearly felt that the collapse of SVB could result in a system-wide collapse of the banking system, commonly referred to as systemic risk. As a result, the Federal Reserve ..read more

3 Quick Ways to Tell if a Coin Dealer Has Your Best Interests in Mind   Whenever you embark on a new venture, there’s always a certain level of skepticism and trepidation. This is especially true if you’re interested in pursuing a substantial investment that you hope will pay off at some point in the future. It seems like everywhere you turn; someone is trying to sell you something. The process at times can be overwhelming, and for some folks, becomes so much so that they suffer paralysis through analysis. The same can be said for the coin and bullion industry. If you’re just getting your ..read more

Don’t Waste Time Searching Bulk 90% Junk Silver Coins for Key Dates As a high-volume coin and bullion dealer, we purchase thousands of pounds of bulk 90% junk silver coins a year. Specifically, these are 90% silver dimes, quarters and half dollars issued in 1964 and earlier. Many of our customers ask if we’ll be looking at the dates of the coins to determine if they have more valuable coins. In most cases, the answer Credit: EPSON DSC Picture is “no” simply because finding a rare or key date coin in bulk silver is like finding a needle in a haystack or winning the lottery. When we first bega ..read more

6 Coins that a Coin Dealer Can & Can’t Price over the Phone   If you’re relatively new to coin collecting or were recently left with a coin collection by a relative, you’ve probably done some online research or called some local coin dealers to get a better idea of the value of your collection and to possibly sell the items. When reaching out to coin dealers, you’ve most likely received different responses based on the type of coins and bullion that you’re interested in selling. Some coin dealers may be willing to provide price information over the phone, some have likely been hesitan ..read more

One Easy Way to Determine if Gold or Silver is a Better Deal One of the most common questions we receive is, “is gold or silver a better deal?”. These are both great investments to have and complement each other nicely in a precious metals portfolio, but not everyone is necessarily looking for a combination of the two metals or has the resources to invest in both metals. Rather, they’re looking for the metal with the most upside potential with the hopes that their investment will pay dividends in the future. There are many ways to determine if precious metals are fairly valued or not, such a ..read more

The 3 Ways Coin Dealers & Coin Shops Operate and Which is Best The coin business, much like other industries, is constantly changing and evolving. In the past, if you wanted to purchase coins or just browse, you could pop into your local coin shop and do just that. While traditional coin shops still exist, the market has shifted a bit in recent years. In fact, when we consider how other coin dealers in our metro area operate, traditional coin stores with a retail storefront, showroom and display cases are more the exception rather than the rule. If you’re not an avid coin collector and don ..read more

2 Reasons Why We Don’t Specify Minimums for Coin Purchases on our Website   We recently wrote and published an article on how to handle rejection from a coin dealer. The responses were overwhelmingly positive. However, we received a response from an individual who we previously communicated with that was surprised we passed on her collection and had some questions. She was curious as to why we don’t specify a minimum dollar amount or a minimum number of coins on our website considering that we put such a large emphasis on transparency. We felt like these were great questions that some of ..read more

The First Rule of Gold & Silver Investing – Don’t Talk About Details   Some of you may be familiar with the movie “Fight Club.” Tyler Durden, played by Brad Pitt famously shared these words before the start of these weekly illegal fights. “This first rule of fight club is you don’t talk about fight club.” That also happened to be the second rule of fight club. The movie must have made an impact on the founder of Zerohedge.com, as he goes by the name Tyler Durden. While we’re not talking about illegal fighting in the basement of a bar, we are talking about something that requires a cer ..read more

How to Avoid Taking Rejection Personally when Selling Your Coin Collection   As a coin dealer that prides itself on transparency, we’re going to share with you that this article initially started out much differently. We were upset that a prospective customer left us a negative review because we rejected his coin collection. While negative reviews are like a gut punch, we realize that you can’t make everyone happy and sometimes need to roll with the punches. Rather than harping on the negative, we’re going to share with you why your approach may limit your ability to sell your coin colle ..read more