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 Ellendale 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.

Coin Connection

302 Mill St, Albert Lea, MN 56007

(507) 373-9021

Coin Store & More

301 1st Ave NW Ste 2, Austin, MN 55912

(507) 433-7011

Wanzek Bill F

510 2nd St NE, Hayfield, MN 55940

(507) 477-2165

Sunset Collectibles

200 Western Ave NW Ste C10, Faribault, MN 55021

(507) 334-3399

Fw3 Coins

121 E Main St Ste 305, Mankato, MN 56001

(507) 550-1160

Quality Gold & Silver Trading Emporium

409 N Riverfront Dr, Mankato, MN 56001

(507) 625-8565

Quality Pawn

409 N Riverfront Dr, Mankato, MN 56001

(507) 625-8565

Kottkes Coin Service

914 N Broad St, Mankato, MN 56001

(507) 388-5472

Coins, Cards & Collectibles

931 Madison Ave, Mankato, MN 56001

(507) 625-7721

JD Coins

1607 1st St NW, Rochester, MN 55901

(507) 282-8001

K & K Auction Service

1765 Hwy 52 N., Rochester, MN 55901

(507) 282-1995

B & B Coins

1631 4th St SW # 125C, Mason City, IA 50401

(641) 424-8048

Gold Heroes

10539 165th St W, Lakeville, MN 55044

(612) 388-6206

Barber Coins & Collectibles

17305 Cedar Ave S # 200, Lakeville, MN 55044

(952) 997-6410

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.