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 Petersburg 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.

PGS Gold Buyers

1914 North Grand E. Avenue, Springfield, IL 62702

(217) 793-1600

Klos Jewelers

1705 N Dirksen Pkwy, Springfield, IL 62702

(217) 544-9802

Party Gold Style Inc

1914 N Grand Ave E, Springfield, IL 62702

(217) 793-1600

The Gold Center

3000 W Iles Ave, Springfield, IL 62704

(217) 793-8002

Presidential Coins Currency Gold & Silver LLC

1316 S Macarthur Blvd, Springfield, IL 62704

(217) 960-2646

Watches Coins Antiques Etc

2195 J David Jones Pkwy, Springfield, IL 62707

(217) 523-2646

Goldlink

2724 S Macarthur Blvd Ste A, Springfield, IL 62704

(217) 789-9020

Piggy Bank

1933 W Monroe St, Springfield, IL 62704

(217) 670-1028

Dollars & Cents

128 E Main St, Rochester, IL 62563

(217) 498-9558

Dave's Trading Post & Coin Shp

333 Derby St, Pekin, IL 61554

(309) 353-7522

Taylorville Pawn Shop

120 S Main St, Taylorville, IL 62568

(217) 824-4002

Herschel's Coin Co

304 Rusche St, Creve Coeur, IL 61610

(309) 698-8081

Rassi's Rare Coins

709 S Columbus Ave, Morton, IL 61550

(309) 263-0739

Diamond & Estate Buyers

26841 Broadway Rd, Morton, IL 61550

(309) 263-4303

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.