There are people all over East Setauket who are looking to get rid of some of their gold coins. If you are looking to buy some, that is a good thing. It is important for you to find a reliable dealing when you are trying to buy gold coins East Setauket residents want to sell.

A simple process and reasonable prices can make all the difference in the world. If you are the one looking to sell your gold, finding the right dealer means that you will have an effortless experience that leaves you a little richer than before.

Coin Galleries Of Oyster Bay

1377 Route 25A, East Setauket, NY 11733

(631) 246-8200

BBC Stamp & Coin

185 Main St, East Setauket, NY 11733

(631) 751-5662

Rocky Point Jewelers

137 Main St, Stony Brook, NY 11790

(631) 751-3751

Mrcg

1239 N Country Rd, Stony Brook, NY 11790

(631) 941-9281

West End Coins

640 Belle Terre Rd, Port Jefferson, NY 11777

(631) 509-5595

GoldFellow

5090 Nesconset Hwy, Port Jefferson Station, NY 11776

(631) 474-3300

Gold Coast Gold Buyer

1125 Patchogue Rd, Port Jefferson Station, NY 11776

(631) 509-4066

Gold Coast Gold Buyer

1125 Rt 112, Port Jefferson Station, NY 11776

(631) 509-4040

A & D Gold & Silver

428 Lake Ave, Saint James, NY 11780

(631) 584-7070

Gold Buyers USA

2570 Middle Country Rd, Centereach, NY 11720

(631) 615-6464

Center Gold

2340 Middle Country Rd, Centereach, NY 11720

(631) 467-0400

Babylon Gold & Diamond Exchange

1450 Middle Country Rd, Centereach, NY 11720

(631) 509-1385

We Buy Gold

1800 Middle Country Rd, Centereach, NY 11720

(631) 676-4551

All Island Jewelry and Loan

2394 Middle Country Rd, Centereach, NY 11720

(631) 863-9049

Top Reasons You Should Buy Gold Coins

Times have changed. Nowadays, with the explosion of the usage of plastic money, online stock trading, and financial accounts, money seems almost make-believe. People no longer see their money as a tangible object. As a result, there is something very satisfying and solid when it comes to investing in and wanting to purchase gold coins.

However, if you have decided to purchase gold coins, it is imperative that you equip yourself with relevant information on how to go about the whole process. It is also important to understand the benefits of buying gold coins. As a rule of thumb, make sure that you purchase your gold coins from a reputable dealer or financial institution. Make sure that you know how to verify the authenticity of gold coins if you don’t want to end up with a collection of gold-plated lead. Here are some of the reasons you should buy gold coins:

Sound Investment

Since the price of gold seems to be always increasing even when other investments decline, purchasing gold coins can be a judiciously propitious investment move. If you want to stabilize and grow your financial muscle, then you should purchase these investment instruments.

Inflation Hedge

Gold is regarded by many as a bulwark against inflation. This is the reason why, during times of uncertainty, investors turn to gold as a hedge against unforeseen financial disasters. As a result, purchasing gold coins can be a wise move in making sure that you don’t feel the negative financial impacts of inflation.

Capital gains tax

Unlike other investment avenues, with gold coins, you don’t have to pay capital gains tax. The only time you will pay capital gains tax is when you sell your gold coins. Conclusively, in order to make an informed purchase of gold coins, you have to understand three important factors – the gold value versus any collector value of the coin, the actual cost per ounce, and timely delivery of the merchandise.