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 Monterey 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.

The Monterey Coin & Treasure Shoppe

449 Alvarado St, Monterey, CA 93940

(831) 920-3960

Monterey Bay Coins & Collectibles/Pacifica Trading Co.

535 Foam St Ste 101, Monterey, CA 93940

(808) 927-8526

Carmel Stamp & Coin Shop

Mission St and 8th ST, PO Box 3366, Carmel, CA 93921

(831) 624-3951

Monterey Gold & Coin Exchange

303 Grand Ave Ste 1, Pacific Grove, CA 93950

(831) 521-3897

We Buy Gold

1932 Fremont Blvd, Seaside, CA 93955

(831) 920-1560

Salinas Coin Exchange

13 Navajo Dr, Salinas, CA 93906

(831) 975-2764

Salinas Pawn Shop

431 E Market St, Salinas, CA 93905

(831) 422-7296

Salinas Jewelry & Loan

110 Abbott St, Salinas, CA 93901

(831) 422-5626

The Exchange Watsonville

1484 Freedom Blvd, Watsonville, CA 95076

(831) 722-2101

Fuentes Tesoros

119 Progress Ave, Watsonville, CA 95076

(831) 724-0882

Fuentes Tesoros

19 E Beach St, Watsonville, CA 95076

(831) 724-0882

Fuentes Tesoros

976 E. Lake Ave, Watsonville, CA 95076

(831) 724-0882

Elks Head Coin Jewelry

703 Palm Ave, Watsonville, CA 95076

(831) 722-1769

Bert Baumer Rare Coins

3690 Moon Pl, Aromas, CA 95004

(831) 726-1314

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.