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 Somerville 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.

J & P Earnest Cutlery

3215 Highway 31 SW, Hartselle, AL 35640

(256) 773-6165

JCS 14 Karat

1113 8th Ave SE, Decatur, AL 35601

(256) 350-3585

Southern Bullion Coin & Jewelry

1605 Beltline Rd SW, Decatur, AL 35601

(256) 686-2220

AAA Pawn

1508 Moulton St W, Decatur, AL 35601

(256) 355-1018

Cash Gold & Silver Buyers

2601 Leeman Ferry Rd SW Ste A, Huntsville, AL 35801

(256) 513-8333

Alabama Coin & Silver Co

914 Bob Wallace Ave SW, Huntsville, AL 35801

(256) 536-0262

Walt Bartee Coins

3322 Memorial Pkwy SW, Huntsville, AL 35801

(256) 883-9004

Walt Bartee Coins

2227 Drake Ave SW Ste 3, Huntsville, AL 35805

(256) 883-9004

Huntsville Gold

2601 Leeman Ferry Rd SW, Huntsville, AL 35801

(256) 513-8333

Alexander's Jewelry & Coin Investors

2314 Memorial Pkwy SW, Huntsville, AL 35801

(256) 384-0734

Alexander's Jewelry & Coin Investors

2314 Memorial Pkwy SW, Huntsville, AL 35801

(256) 715-6783

Alabama Coin & sliver Co

900 Bob Wallace Ave SW Ste 122, Huntsville, AL 35801

(256) 536-0262

Boyd's Oneonta Pawn Shop

402 2nd Ave E, Oneonta, AL 35121

(205) 625-4653

Oneonta Coin Exchange

322 1st Ave E, Oneonta, AL 35121

(205) 625-5262

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.