How to Buy Gold Coins: Top Five Do’s and Don’ts

Since 1989, the Gold Information Network, a division of Austin Rare Coins, Inc. Our list of do’s and don’ts on this page are not criticisms of others, but warnings to collectors on how to buy gold coins and how you can avoid rip-offs, problem coins and overpaying for coins.

Gold Buying Do’s and Don’ts:

1. Don’t buy gold online from kids, jewelry shops, or people you can’t trust. Anyone can take your order and charge your credit card, but some may never ship your gold coins at all. Local pawn shops and flea markets are just as bad. They often don’t play fair, they sell you bad or cleaned gold coins.

2. Don’t buy coins at auctions. eBay approached our firm and recommended we sell our overstocked items, excess inventory, and junk coins that we don’t sell to our Preferred Customers. Typically, those are ugly, common, ordinary coins that no one would buy if they saw them in person. All of our gold coins are individually hand-picked for outstanding eye appeal. Watch out – there’s no Santa Claus in the gold coin business. Nobody gives away rare and valuable gold coins!

3. Don’t buy from a little, one man coin shops. Many people masquerade as gold coin experts when they know little to nothing about the business. Buying from an experienced, nationally known coin dealer with a multi-million dollar coin inventory like the Gold Information Network just makes sense.

4. Do buy from a volume dealer. The Gold Information Network has a significant inventory available to us on a given day. We let you choose from a wide selection of gold and silver coins, prices and grades. Most importantly, we have qualified Gold Coin Specialists in the U.S. coin market who can answer all your questions and help you better understand how to buy gold coins.

5. Do get a Money Back Guarantee. Insist on buying from gold coin dealers who back each sale with solid “Money Back Guarantees.” At the Gold Information Network we want you to be 100% satisfied and back every rare coin sale with a 14-day Money Back Guarantee. We even refund your shipping charges both ways to make sure you are satisfied.

Our brief list of do’s and don’ts could save you hundreds, even thousands of dollars. We hope you take them to heart and find one of the many reputable and honorable gold coin dealers so that you can enjoy the hobby of gold coin investing and collecting for many years to come. If you have more questions about how to buy gold, silver or rare coins, please feel free to call us seven days a week at 1-800-668-8771.

“The company was very helpful and went the extra mile after the sale. Not only did I get an email confirmation but also a phone call. The salesperson also sent me more information on how to diversify better and wanted to talk to me more about my portfolio. I have never gotten this great of “after the sale” treatment. I am recommending this company to family and friends.” -Michael T.Kapolei, HI. Complete this brief form to learn more about how to buy gold coins and how our Gold & Silver Specialists can serve you.

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