Tips Finding a Coin Dealer

Coin Collection Tips: Finding a Coin Dealer

Coin dealers can be considered as best friends of coin

collectors. It is quite easy to find one. Although,

with qualities like being ethical and honest playing

an important role, it may take you quite some time to

search for one. As a coin dealer, you would want to

negotiate or entrust your coin collections to someone

who is qualified to play the part. What are the

characteristics that you would like your coin dealer

to have? He should be:

• knowledgeable and must have even the slightest idea

on the details of his topic

• respected by his friends and by other coin

collectors as well

• financially stable

• demonstrates careful ethics

Now that’s all said, there are still a couple of

things that you need to assess in order to evaluate a

particular coin dealer.

Experience

A coin dealer must have at least several years of

experience in the coin dealing industry and have

certain accreditations from people. His credentials

must be impeccable especially if your purpose for coin

collection is for investment. You have to remember

that not every coin dealer is good at what they do.

Some would just pretend to know everything but in the

end, nothing. You need to find a reliable and

knowledgeable coin dealer who can give you tons of

accurate advice.

Assets

A coin dealer must be financially stable in order to

recompense and for you to be sure that he will stay

longer in the industry. There is a vast majority of

genuine coins in the market and sometimes fake ones

show up. A coin dealer’s certification can help with

these things and when all else fails and it turned out

that what you have is a fake, you can take it all back

on your coin dealer.

Friends

It is wiser and safer to choose a coin dealer out of

his friends’ decision to let him join a certain group

or guild. Otherwise, if the community or even his band

of friends don’t like the way he makes business, they

wouldn’t let him join the club. It only means that

doing business with him is not actually safer as it

seems.

Ethics

Nothing is more disheartening than to see how a

scumbag would deal with his customers in a way that

he’s trying to get more out of what is being offered.

In this case, you have to be pretty keen on how a coin

dealer makes business with other people. He must treat

everyone with manners and not differently just because

you’re wearing designer clothes when you came in. A

coin dealer must always be fair in the way he deals

with every customer.

Take note that coin dealers who are ethical would have

enough consideration and respect to their customers no

matter how young or old they are. A good coin dealer

must represent fairly, treat customers fairly and

grade honestly. Nowadays, this is not always the

scenario. Most of the coin dealers think that they

could get away with everything.

Recourse

PNG coin dealer are the ones who agree to submit

arbitration in cases of disputes. You have to consider

this especially if you are buying really expensive

coins. You don’t want to go through all the complaints

and lawsuits that’s why you have to be stern and avoid

the slightest possibility.

It is advisable that you rely your coin collections on

dealers that are affiliated with PNG just to be sure

that your investment is safe.