Categories: Coin Shop Blog

Coin Collecting – Pennies, Quarters Along With The American Eagle Silver Dollar

“>coin dealer Walkertown, one of the sales associates shared a simple technique on how to buy silver bullion locally for a fraction of the spot price of silver.

Certainly. Where new customers are referred to us by inbound links off other peoples’ websites we share 25% commission with the referrer. They get it credited automatically to their own BullionVault account at the instant the client trades.

Bags of 90% silver coins may also be found in coin shops or at auction on eBay. Again, there are some coins valued purely for their metal content, and some are valued because their date of issue has become rare and fall into the numismatic category. Again, investors mostly stay clear of numismatics because generic coins are easier to sell at their full potential value.

(Q) Do you have any tax reporting requirements on a customers sale of gold….if tomorrow I sell a million dollars worth of BV gold, is that sale reported to the tax services?

These shops provide coin collectors the opportunity to actually examine or scrutinize the coins that interest you. Fortunately, these coin shops are also replete with experts and coin lovers who share your passion and can offer their valid judgment on a particular coin’s grade or value. They can also offer helpful tips as well as advice.

Remember all this price action has occurred without the public really purchasing silver as a last resort in the event there is turmoil in their currency. Once the people of the world wake up and see that their purchasing power has greatly decreased there will run silver prices up the same way they did housing in 2003-2008 and before that the tech bubble of 1990-2000. Hold on tight because the demand in the silver market will exceed anything that happened in the real-estate and in the tech markets. The real-estate bubble was a United States problem when it occurred and so was the Technology bubble. The currency problem extends far beyond the U.S soil and now the entire world will be demanding silver; which in turn will drive prices to level never seen.

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