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 Elgin 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.

Regal Coin & Jewelry

2110 Pecan St W, Pflugerville, TX 78660

(512) 670-3232

Longhorn Coin & Collectibles

1601 S Interstate 35 Ste 400, Round Rock, TX 78664

(512) 388-1163

Austin's Best Coin & Gold Exchange

309 W. Main St. Ste 116, Round Rock, TX 78664

(512) 585-7067

James Lewis Gold Exchange

6015 Burnet Rd, Austin, TX 78757

(512) 458-2639

ATX Cash 4 Gold

3008 West Slaughter Ln A, Austin, TX 78748

(512) 280-4653

South Austin Coin Exchange

3100 W Slaughter Ln # A104, Austin, TX 78748

(512) 233-4653

Kris's Koins

3100 W Slaughter Ln # 104A, Austin, TX 78748

(512) 695-2669

Capital Coin & Bullion

7304 Burnet Rd, Austin, TX 78757

(512) 371-5884

Gold and Silver Buys Inc.

11521 N Fm 620, Austin, TX 78750

(512) 249-7872

Ancient Gold Coins

10800 Pecan Park Blvd, Ste250C, Austin, TX 78750

(800) 550-6314

Fitch Estate Sales Austin

3720 S Congress Suite B, Austin, TX 78704

(512) 519-9011

Little Coin Shop

3532 Bee Cave Rd, West Lake Hills, TX 78746

(512) 825-4772

Hunt & Co. Stamps

10711 Burnet Rd Suite 314, Austin, TX 78758

(512) 837-9997

Heriloom Jewelry & Coins

8822 McCann Dr, Austin, TX 78757

(512) 983-1222

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.