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 Patuxent River 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.

Southern MD Pawn Brokers

2224 Crain Hwy, Waldorf, MD 20601

(240) 754-2405

Delmarva Jewelers

210 Marlboro Ave Ste 59, Easton, MD 21601

(410) 822-5398

Delmarva Silver Exchange Inc

7827 Ocean Gtwy, Easton, MD 21601

(410) 822-9150

Chesapeake Bay Ecological Foundation

7827 Ocean Gtwy, Easton, MD 21601

(410) 822-9150

Delmarva Jewelry

7827 Ocean Gtwy, Easton, MD 21601

(410) 822-9150

Mohamed and Sons Jeweler's

6364 Coventry Way, Clinton, MD 20735

(240) 533-6709

Crazy Louie's Pawn Shop

124 South Blvd, Salisbury, MD 21804

(410) 742-7296

Carter Gold & Silver

10800 Rhode Island Ave, Beltsville, MD 20705

(301) 595-4653

American Enterprise Pawn Shop

10740 Jefferson Ave, Newport News, VA 23601

(757) 320-2813

Mint State Collectors, LLC

10171 Jefferson Ave, Newport News, VA 23605

(757) 870-7146

Chesapeake Gold Buyers

927 West St Ste 102, Annapolis, MD 21401

(410) 212-6741

Mount Vernon Coin Company

45 Old Solomons Island Rd #106, Annapolis, MD 21401

(410) 266-9990

Annapolis Treasure Co

161 Main St, Annapolis, MD 21401

(410) 263-7074

Alexandria Gold and Silver

6911 Richmond Hwy Suite 310, Alexandria, VA 22306

(703) 765-2408

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.