There are people all over Speonk 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 Speonk 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.

East End Coin Shoppe

405 E Main St, Riverhead, NY 11901

(631) 727-5004

Riverhead Gold & Diamond

316 E Main St, Riverhead, NY 11901

(631) 591-3113

Li-Gold Mine

65 W Main St, Smithtown, NY 11787

(631) 656-0690

Li Gold Mine

82 W Main St Unit 1, Smithtown, NY 11787

(631) 656-0690

Smithtown Coins Inc

139 E Main St Ste 6, Smithtown, NY 11787

(631) 979-8888

Coin Store

755 Waverly Ave # 102, Holtsville, NY 11742

(631) 569-5688

ALL AMERICAN COIN COMPANY

56 Woodland Dr, Mastic Beach, NY 11951

(800) 240-7037

Metals Exchange International

221 Monroe Dr, Mastic Beach, NY 11951

(631) 965-8996

Cash for Gold Centers

969 Montauk Hwy, Shirley, NY 11967

(631) 772-1905

New York Gold Ctr

451 Glen Dr, Shirley, NY 11967

(631) 775-7105

We Buy Gold

662 Montauk Hwy, Shirley, NY 11967

(631) 399-1900

Gold Traders Inc

450 William Floyd Pkwy, Shirley, NY 11967

(631) 775-8448

Jewlery By Michele

921 Montauk Hwy, Shirley, NY 11967

(631) 281-8587

Mystique Rare Coins

82 Surrey Cir, Shirley, NY 11967

(631) 772-1369

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.