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 Hugo 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.

B & C Coins

11243 County Road H G, Olney Springs, CO 81062

(719) 267-3711

Gold Brokers

202 Harriett Ave, La Junta, CO 81050

(719) 468-2251

All American Coin and Jewelry

414 South 8th Street, Colorado Springs, CO 80905

(719) 761-4385

Colorado Precious Metals & Coins Inc

317 N Union Blvd, Colorado Springs, CO 80909

(800) 660-2646

Colorado Coin Galleries

3910 Maizeland Rd, Colorado Springs, CO 80909

(719) 597-8887

Colorado Precious Metals & Cns

13215 Peregrine Cir, Colorado Springs, CO 80908

(719) 495-5896

A1 Money Source Gold Buyers

3029 Jet Wing Dr, Colorado Springs, CO 80916

(719) 392-6045

Lets Make A Deal Pawn & Loan

4860 Vanadium Dr, Colorado Springs, CO 80918

(719) 203-9468

Leasures Treasures LLC

2801 W Colorado Ave, Colorado Springs, CO 80904

(719) 203-7196

True North Coins & Bullion

6660 Delmonico Dr # D-260, Colorado Springs, CO 80919

(719) 531-7900

Colorado Springs Stamps-Coins

5245 Centennial Blvd. Suite 107, Colorado Springs, CO 80919

(719) 445-0020

Colorado Springs Stamps And Coins

5245 Centennial Blvd. Suite 107,, Colorado Springs, CO 80909

(719) 475-0413

American Numismatic Money Museum

818 N Cascade Ave, Colorado Springs, CO 80903

(800) 367-9723

Cents of The Past

1301 S 8th St # 102, Colorado Springs, CO 80905

(719) 641-0923

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.