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.

The Gold Exchange @ Mt Vernon Coin & Collectables

110 S Main St, Mount Vernon, OH 43050

(740) 263-7981

Knox Coin & Jewelry Exchange

310 Coshocton Ave, Mount Vernon, OH 43050

(740) 397-5100

Wolves Coins

27 W High St, Mount Gilead, OH 43338

(419) 946-5755

Newark Coin Exchange

14 W Main St, Newark, OH 43055

(740) 349-7528

Capital Metal Exchange

1077 N. 21st Street, Newark, OH 43055

(740) 348-5681

Don's Loans

2465 Africa Rd, Galena, OH 43021

(740) 549-3555

Capital Metal Exchange

652 Hebron Rd., Heath, OH 43056

(740) 788-9251

Galion Coin Exchange, LLC

112 Harding Way W, Galion, OH 44833

(419) 462-2646

The Eagle Mint

10542 Smoke Rd SW, Etna, OH 43062

(740) 927-1638

Repasky Gold & Silver

564 S State St, Westerville, OH 43081

(614) 890-4653

Allen's Coin Shop Inc

399 S State St, Westerville, OH 43081

(800) 848-3966

Willard Coin Exchange Of Mansfield

1237 Park Ave W, Mansfield, OH 44906

(877) 957-2560

Buckeye Gold Company - Gahanna

5350 N. Hamilton Rd., Columbus, OH 43230

(614) 855-9300

Buckeye Gold Company

1035 Polaris Pkwy, Columbus, OH 43240

(614) 985-4653

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.