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 Sylvania 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.

Gold Merchants

1002 Butler Ave, Boaz, AL 35957

(256) 295-8722

Southern Bullion Coin Jewelry

221 S 3rd St, Gadsden, AL 35901

(205) 469-9086

Southeastern Refining Co

1326 US Highway 431 S, Gadsden, AL 35905

(256) 399-0858

Glencoe Jewelry Sales

530 Main St W, Gadsden, AL 35905

(256) 494-9219

Chattanooga Coin

100 Bailey Ave., Rossville, GA 30741

(800) 444-2646

New Quarter Company The

898 Chickamauga Ave, Rossville, GA 30741

(706) 858-3637

Ft. O Rare Coins

402 Battlefield Pkwy Suite 19, Fort Oglethorpe, GA 30742

(706) 861-0900

J & R Coin Shop

2193 Lafayette Rd, Fort Oglethorpe, GA 30742

(706) 861-7468

J and R Coin Shop

109 Hays St, Fort Oglethorpe, GA 30742

(706) 861-7468

Fort Oglethorpe Rare Coins owner

402 Battlefield Pkwy Suite 19, Fort Oglethorpe, GA 30742

(706) 860-0900

eCoinMarket

Pob 872, Rome, GA 30162

(866) 899-6751

The Pawnderosa Inc

5532 Battlefield Pkwy, Ringgold, GA 30736

(706) 935-7296

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

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.