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 Wood Ridge 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.

Corona Jewelers

221 Boulevard, Hasbrouck Heights, NJ 07604

(201) 288-4653

Park Ave Gold Buyers & Sellers Inc

116 Park Ave, East Rutherford, NJ 07073

(201) 460-0081

Americana Coin Exchange

217 Paterson Ave, East Rutherford, NJ 07073

(201) 933-2000

Frank Connell Associates

50 Hoboken Rd, East Rutherford, NJ 07073

(201) 636-2520

Manhattan Gold Buyers & Sllrs

116 Park Ave, Rutherford, NJ 07070

(201) 460-0081

Steve's Hobby Shop

2 Franklin Pl, Rutherford, NJ 07070

(201) 935-3737

We Buy Gold

89 River Dr, Garfield, NJ 07026

(973) 470-8550

Lighthouse Publications Inc

274 Washington Ave, Hackensack, NJ 07601

(201) 342-1513

Wrap Inc Coin

70 Burlews Ct, Hackensack, NJ 07601

(201) 342-2037

American Gold And Silver Fund

325 Lakeview Ave, Clifton, NJ 07011

(800) 591-0313

American Coin & Stamp Co Inc

1273 Main Ave, Clifton, NJ 07011

(973) 772-8101

Bergen Coin Exchange

464 Market St Ste B, Saddle Brook, NJ 07663

(201) 845-5117

Franks' Coin

3 E Pleasant Ave, Maywood, NJ 07607

(201) 450-1375

Ridgefield Hobby

508 Broad Ave, Ridgefield, NJ 07657

(201) 943-2636

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.