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 Erie 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.

Revell JH Jewelers And Goldsmith

904 Middle Rd, Bettendorf, IA 52722

(563) 293-4750

Premier Jewelry & Loan

875 Middle Rd, Bettendorf, IA 52722

(563) 355-0766

AAA Appraisal & Jewelry Exchange-Michael Salter

300 Northwest Bank 2550 Middle Rd, Bettendorf, IA 52722

(563) 445-2305

Lauren Benson Inc

2535 Tech Dr Ste 107, Bettendorf, IA 52722

(563) 332-8665

Ace Coins

3319 Avenue Of The Cities, Moline, IL 61265

(309) 797-5066

MidWest Coinarama

120 N East St, Cambridge, IL 61238

(309) 937-5150

Gold Into Cash

1801 E Kimberly Rd Ste 3, Davenport, IA 52807

(563) 514-6323

Midwest Coin & Jewelry Exch

3546 N Brady St, Davenport, IA 52806

(563) 386-7777

Expressions Jewelers

1913 E Locust St, Davenport, IA 52803

(563) 265-8661

Jennings Cards & Coins

214 W Main St, Freeport, IL 61032

(815) 235-4030

Ken's Coin Shop

11 E Main St, Freeport, IL 61032

(815) 616-8169

Valley Coin Jewelry Pawn Inc

123 W Saint Paul St, Spring Valley, IL 61362

(815) 663-2313

Pawn Central

1515 E Main St, Galesburg, IL 61401

(309) 341-0222

Galesburg Coins

2505 Costa Dr, Galesburg, IL 61401

(309) 368-1799

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.