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 Kent 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.

Penfield Jewelry & Coin Exch

1831 Penfield Rd, Penfield, NY 14526

(585) 267-7421

Broadway Coins

5295 Broadway St, Lancaster, NY 14086

(716) 908-3097

GDK Coins and Jewelry

1380 French Rd, Depew, NY 14043

(716) 656-8080

Collector's Emporium

2496 George Urban Blvd, Depew, NY 14043

(716) 681-1300

Urban Coin & Jewelry

2496 George Urban Blvd, Depew, NY 14043

(716) 681-1300

Academy Auction Services

314 Oliver St., North Tonawanda, NY 14120

(716) 877-1877

House Of Quality Coins

237 Jackson Ave, North Tonawanda, NY 14120

(716) 694-6989

Letchworth Coins & Collectibles

6 Dolbeer St, Perry, NY 14530

(585) 237-5741

The Gold Mine Inc

31 Hamburg St, East Aurora, NY 14052

(716) 652-3354

Gold Fever Jewerlry & Design

1733 Baseline Rd, Grand Island, NY 14072

(716) 774-1225

Ace Hobby Shop

3019 Niagara St, Niagara Falls, NY 14303

(716) 282-9753

Northeast Metal Reclaiming

2308 Wehrle Dr, Buffalo, NY 14221

(716) 632-4275

Premier Gold Silver & Coins

4208 Union Rd, Buffalo, NY 14225

(716) 204-8800

Grand Gold & Silver Buyers

7166 Transit Rd, Buffalo, NY 14221

(716) 631-1909

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.