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 Playa Del Rey 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.

Gardena Jewelry & Loan Pawn Shop

14211 S Vermont Ave, Gardena, CA 90247

(310) 594-5339

Assured Coin & Loan

1150 West Redondo Beach Blvd., Gardena, CA 90247

(310) 324-2644

Wanna Buy A Watch

8465 Melrose Ave, West Hollywood, CA 90069

(323) 653-0467

Empress Design Coin & Gold

640 S Hill St, Los Angeles, CA 90014

(213) 489-1330

El Palacio De Oro Y Diamantes - WE BUY GOLD & DIAMONDS

718 South Broadway, Los angeles, CA 90014

(213) 689-9990

Crest Estates

11601 Wilshire Blvd, Los Angeles, CA 90025

(424) 253-9352

Pegasus Metals LLC

640 S Hill St, Los Angeles, CA 90014

(213) 455-8528

Gold And Diamond Exchange

11605 1/2 W Pico Blvd, Los Angeles, CA 90064

(310) 478-3077

Mr. Steve's Pawn Shop

3800 S Western Ave, Los Angeles, CA 90062

(323) 870-8149

Sunset Gold Exchange

7219 W Sunset Blvd, Los Angeles, CA 90046

(323) 876-4653

Gold and Diamond Exchange Services Inc.

6705 Sunset Blvd., First Floor, Los Angeles, CA 90028

(323) 345-2222

Gold Pig

3348 W Olympic Blvd, Los Angeles, CA 90019

(323) 731-4473

Meghrig Coin & Stamp Supply

5352 Wilshire Blvd, Los Angeles, CA 90036

(323) 936-6246

Union Pawn Brokers

4579 W Pico Blvd, Los Angeles, CA 90019

(323) 931-1616

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.