Finding The Right Coin Dealer

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Coin Dealers and other Coin Collecting topics.

What should I look for when evaluating a coin dealer?

Finding The Right Coin Dealer

Locating a coin dealer may be as simple as opening up the phone book and choosing a coin dealer. However, that may not be the best route to take. Here are some pointers for choosing the right coin dealer.

  • Check to see if your coin dealer is a member of a professional coin dealer organization. A professional coin dealer organization will have a set of requirements for membership as well as rules your coin dealer needs to adhere to.
  • Find out what the financial stability of a coin dealer is. You want to know that a coin dealer will be in business in the coming years.
  • Evaluate the business practices of the coin dealer. Does the coin dealer have a solid reputation in the industry? Your coin dealer should give you informative, honest information without any high-pressure sales tactics.
  • Find out what the policy of the coin dealer is regarding a transaction with a coin purchase. You want to make sure you'll have a method of claiming compensation if you encounter a faulty purchase.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Coin Collecting Tip Site? Request a Tip Now!


Guru Spotlight
Byron White