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 Mount Vernon 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.

Superior Investments Group

1500 Henning Avenue, Evansville, IN 47714

(812) 319-8412

TLC Coins and Collectibles

101 N Fulton Ave, Evansville, IN 47710

(812) 402-2212

Tri State Gold & Silver Buyers

515 N Green River Rd, Evansville, IN 47715

(812) 476-7700

The Coin Shop

1646 2nd St, Henderson, KY 42420

(270) 826-3116

Coin Shop

1624 2nd St, Henderson, KY 42420

(270) 826-3116

Bruner's Collectibles

1628 Triplett St, Owensboro, KY 42303

(270) 684-4904

Fort Knox Coins

32 N 5th St, Vincennes, IN 47591

(812) 890-0140

Smith W A Coins & Cards

2068 Teske Rd, Marion, IL 62959

(618) 995-9722

Heartland Coins

801 W Deyoung St Ste A, Marion, IL 62959

(618) 997-1066

Hoosier Jewelry and Coin

248 9th St, Tell City, IN 47586

(812) 566-0226

J & J Coins

913 N Park Ave, Herrin, IL 62948

(618) 942-4146

Hoskins Coin & Gold Exchange

3215 Irvin Cobb Dr, Paducah, KY 42003

(270) 444-0444

Darrell's Coins

11 1/2 N Division St, Du Quoin, IL 62832

(618) 542-5856

Allen Buyer-Used-Repairable

2839 Nation Rd, Salem, IL 62881

(618) 548-0335

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.