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 Gloucester 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.

Mechanicsville Coin

8090 Mechanicsville Tpke Ste H, Mechanicsville, VA 23111

(804) 730-7230

Beach Gold Assay

3813 Princess Anne Rd Ste 124, Virginia Beach, VA 23456

(757) 769-8797

Collectors Choice

5441 Virginia Beach Blvd # 120, Virginia Beach, VA 23462

(757) 439-1516

Collectors Choice

309 Aragona Blvd # 103, Virginia Beach, VA 23462

(757) 623-1944

Silver Eagle Coins & Collectibles

2724 North Mall Drive, Virginia Beach, VA 23452

(757) 351-1105

Hull, Linda

309 Aragona Blvd, Virginia Beach, VA 23462

(757) 623-1944

World Collectibles & Pawn

4469 Blackbeard Rd, Virginia Beach, VA 23455

(757) 313-7487

David Lawrence Rare Coins

PO Box 9174, Virginia Beach, VA 23450

(757) 491-1060

Candl Coins & Stamps

536 Independence Blvd, Virginia Beach, VA 23462

(757) 499-5156

Princess Anne County Coins

2692 Virginia Beach Blvd, Virginia Beach, VA 23452

(757) 463-1360

Dominion Coin Company

3304 Taylor Rd , Suite E, Chesapeake, VA 23321

(757) 793-2670

A-1 Wt Jones Coins Ltd

4200 Indian River Rd, Chesapeake, VA 23325

(757) 420-1200

Chesapeake Coin & Currency

109 Gainsborough Sq Ste Q, Chesapeake, VA 23320

(757) 436-8002

A & D Coins & Stamps

3305 Taylor Rd, Chesapeake, VA 23321

(757) 686-8314

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.