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 Lorena 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.

Cowtown Gold & Silver

1411 N Valley Mills Dr, Waco, TX 76710

(254) 399-6929

Century Coin & Stamps

1101 Richland Dr # 7, Waco, TX 76710

(254) 776-6655

Bd Gold Silver & Coin

1605 Avenue H, Waco, TX 76705

(254) 716-3742

Excel Business Systems

4000 US Highway 77, Lott, TX 76656

(254) 584-0552

Excel Business Systems

3005 US Highway 77, Lott, TX 76656

(254) 584-0552

Texas Coin Connection

108 W Fm 2410 Rd, Harker Heights, TX 76548

(254) 699-2646

Silver Eagle Coins & Collectables

302 Millers Xing Ste 7, Harker Heights, TX 76548

(254) 690-2300

Roy's Coins & Collectibles

128 E Elm St, Hillsboro, TX 76645

(254) 582-1007

The Collector

109 E 8th St, Georgetown, TX 78626

(512) 864-7787

Gold & Coin Mart

2502 Williams Dr Suite B, Georgetown, TX 78628

(512) 948-7531

East Texas Gold & Silver

3811 W State Highway 31, Corsicana, TX 75110

(903) 872-1010

Jesse's Gun Shop

2115 W 2nd Ave, Corsicana, TX 75110

(903) 874-2915

The Coin Shop

1621 W 2nd Ave, Corsicana, TX 75110

(903) 872-1173

Cleburne Gold & Silver

1646 W Henderson St, Cleburne, TX 76033

(817) 506-7313

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.