Getting into the coin market can be an investment that stays with you for the rest of your life. For this reason, the first purchase and every other purchase that you made are extremely important. That's why you need to make sure you find the best person in the area to buy coins in Coyote from.

We have put together a list of the best possible dealers within the entire city so that you know who you can trust. With so many different options, the hardest choice is which one you want to deal with for the first time.

Premier Precious Metals

855 A Cerrillos Rd, Santa Fe, NM 87501

(505) 819-0405

Leshem Diamonds and Gold

1027 Salazar Rd. #E, Taos, NM 87571

(575) 758-1573

Taos Rare Coin Galleries

121 Kit Carson Rd, Taos, NM 87571

(575) 758-2525

Silver Dollar Coin Co.

PO Box 45171, Rio Rancho, NM 87174

(505) 514-5189

Gold & Silver Exchange

6101 Menaul Blvd NE, Albuquerque, NM 87110

(877) 632-1619

Nm We Buy Gold

5404 Central Ave SW, Albuquerque, NM 87105

(505) 833-3676

Nm We Buy Gold

7226 Central Ave SE, Albuquerque, NM 87108

(505) 266-2669

National Jewelry Buyers

5815 Menaul Blvd NE, Albuquerque, NM 87110

(505) 888-1805

Custom Coin Creations

1520 University Blvd NE # 135, Albuquerque, NM 87102

(505) 710-6399

Castle Gold & Silver

5606 Menaul Blvd NE, Albuquerque, NM 87110

(505) 569-0371

Crown Jewels & Coin

3248 San Mateo Blvd NE, Albuquerque, NM 87110

(505) 884-4888

Flea Market Things & Collectables

200 San Mateo Blvd SE, Albuquerque, NM 87108

(505) 226-3539

ABC Coin & Stamp Co

3401 San Mateo Blvd NE # E, Albuquerque, NM 87110

(505) 304-3527

Coins & Things

2325 San Pedro Dr NE # 1A2, Albuquerque, NM 87110

(505) 888-2963

Why should I buy coins?.

Investing in coins is a trend that has been on the rise. This is because the value of these coins go up in time, meaning you can easily make a return from it. There are some that are worth more than others, depending on the age and purity of the metal. Many of the coins were used as currency and usually carry their worth factoring in some of these factors. It is therefore, important to try and buy some of this coins because it will be a very big advantage for you going forward. Below are some of the reasons why you should buy silver.

 

Inflation hedge

Many people buy gold and silver coins when they want to hedge against inflation. In the 1970s, gold and silver prices skyrocketed in response to price inflation that went to 13%. When the Federal Reserve brought inflation to normal, many of the gold and silver coins that had been purchased in the 70s were sold and the sellers converted it into paper investments.

 

Worst case scenarios

There are also some people who buy the gold for survival purposes because they fear the worst. One of the concern for them is the Federal Reserve printing so many dollars that the worth of the dollar becomes nothing, which has been the case for many currencies that cannot be redeemed for gold or silver. Another fear for this people is financial meltdown which would force the banks to be closed. When the value of the currency lowers, then many investors find themselves in a position where their investments are lower. People who invest in these coins believe that in an event of a financial meltdown or the currency becomes worthless, they can use the coins in exchange for goods and services. This means they will have an easier mode of survival.