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 Garrett Park 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.

Bonanza Coins

940 Wayne Ave, Silver Spring, MD 20910

(301) 585-1480

Silver Eagle Coin & Jewelry Exchange

11200 Grandview Ave, Silver Spring, MD 20902

(301) 942-2036

Berg Gordon W

1032 Willowleaf Way, Potomac, MD 20854

(301) 424-1876

Hall of Fame Cards & Collectibles

11325 Seven Locks Rd Ste 15, Potomac, MD 20854

(301) 299-9201

Daniel Roberts Fine Jewelers

1401 Chain Bridge Rd, Mc Lean, VA 22101

(703) 734-7770

Gaithersburg Coin Exchange

16 E Diamond Ave, Gaithersburg, MD 20877

(301) 948-6884

Assets Strategies International Inc

1700 Rockville Pike Ste 400, Rockville, MD 20852

(301) 881-8600

Coins Of The Realm

1331 Rockville Pike Ste F, Rockville, MD 20852

(301) 340-1640

Philatelics Elite Inc

222 N Park Dr, Arlington, VA 22203

(703) 527-0553

Latherow & Co Inc

5054 Lee Hwy, Arlington, VA 22207

(703) 538-2727

Gold Buyer

909 W Broad St, Falls Church, VA 22046

(703) 538-5525

SUPERPAWN, Inc.

10119A Washington Blvd N, Laurel, MD 20723

(301) 844-6184

Golden Eagle Coin Exchange

8730 Cherry Ln Ste 14, Laurel, MD 20707

(301) 206-9222

Golden Eagle Coin Exchange

3386 Laurel Fort Meade Rd, Laurel, MD 20724

(301) 317-0108

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.