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 Davenport 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.

Honest Gold Buyer

1720 Edgewater Dr # B, Orlando, FL 32804

(407) 704-4837

Liberty Rare Coins

5323 Millenia Lakes Blvd Ste 300, Orlando, FL 32839

(407) 566-1143

Action PM

1720 Edgewater Dr, Orlando, FL 32804

(407) 704-4837

CASH FOR GOLD GOLD BUYERS

7303 Gall Blvd, Zephyrhills, FL 33541

(813) 727-5779

cash for gold gold buyers

32733 Eiland Blvd, Wesley chapel, FL 33544

(813) 727-5779

Charlie's Coins

5529 8th St, Zephyrhills, FL 33542

(813) 780-1858

Orlando Estate Buyer, Inc.

941 W. Fairbanks Ave., Winter Park, FL 32789

(407) 831-8544

Ancient Artifacts & Treasures Inc

1999 W Fairbanks Ave, Winter Park, FL 32789

(407) 678-9300

Michael Rogers Inc

415 S Orlando Ave Ste 4-1, Winter Park, FL 32789

(407) 644-2290

Orlando Rare Coins

2135 W Fairbanks Ave, Winter Park, FL 32789

(407) 622-1399

All American Gold & Silver Buyers Inc

2436 E Semoran Blvd, Apopka, FL 32703

(407) 257-9944

Gator Coin Shop

2857 Charmont Dr, Apopka, FL 32703

(407) 788-7551

Uncle Joe's Coins

677 N Orlando Ave, Maitland, FL 32751

(407) 657-4760

Dennis Brown Numismatist

2010 Mohawk Trl, Maitland, FL 32751

(407) 647-1219

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.