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 Rumson 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.

We Buy Gold

406 State Route 35, Red Bank, NJ 07701

(732) 268-7054

Monmouth Stamp & Coin Shop

39 Monmouth St, Red Bank, NJ 07701

(732) 741-0626

Ed's Elegant Coins

471 Shrewsbury Ave, Shrewsbury, NJ 07702

(732) 219-1602

East Coast Coin & Jewelry Exchange

53 Brighton Ave, Long Branch, NJ 07740

(732) 229-5700

Legend

620 Tinton Ave, Tinton Falls, NJ 07724

(732) 935-1761

Ls Estate Buying

780 W Park Ave, Oakhurst, NJ 07755

(732) 660-1465

Michele & Apos S Gold Buyers

507 Bangs Ave, Asbury Park, NJ 07712

(732) 531-4653

La Industry Corp

1101 Main St, Asbury Park, NJ 07712

(732) 455-3620

Gold Buying Services Of New Jersey

3135 State Route 35, Hazlet, NJ 07730

(732) 203-1959

JCS Exchange

36 Stone Rd, Hazlet, NJ 07730

(732) 264-2531

N J Gold Buyers

271 S Ave E, Matawan, NJ 07747

(732) 765-4653

Ed's Elegant Coins

1865 State Route 35, Wall Township, NJ 07719

(732) 974-0033

Rt 9 Cash For Gold

960 US Highway 9, South Amboy, NJ 08879

(732) 727-4653

Jewelry & Coin

132 N Broadway, South Amboy, NJ 08879

(732) 313-7555

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.