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 Effingham 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.

Rana Waiters Inc

4698 Stagecoach Rd, Effingham, SC 29541

(843) 799-5924

We Buy Gold And Silver

2115 W Evans St, Florence, SC 29501

(704) 674-8111

Low Country Coins, LLC

2841 David H McLeod Blvd, Florence, SC 29501

(843) 661-0908

Low Country Coins

2841 David H McLeod Blvd, Florence, SC 29501

(843) 661-0908

Myrtle Beach Coin

111 Ole Cedar Lane, Conway, SC 29526

(843) 772-0040

Camden Pawn And Jewelry Inc

411 Rutledge St, Camden, SC 29020

(803) 425-7370

Dixie Documents Coins & Collectibles

607 W Dekalb St, Camden, SC 29020

(803) 713-0250

We Buy Gold

3018 S Highway 17, Murrells Inlet, SC 29576

(843) 651-0113

Coin Phone Management Co

3037 S Highway 17, Murrells Inlet, SC 29576

(843) 357-3292

House of Quality

219 N Elm St, Lumberton, NC 28358

(910) 739-1544

Myrtle Beach Coin Exchange

4232 Socastee Blvd, Myrtle Beach, SC 29588

(843) 293-9000

Worldwide Coin Shop Inc

1001 Broadway St, Myrtle Beach, SC 29577

(843) 448-2844

Jessie's Coins

2834 Howard Ave, Myrtle Beach, SC 29577

(843) 839-3636

We Buy Gold

1451 Highway 17 S Ste C, North Myrtle Beach, SC 29582

(843) 361-1461

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.