Many people have reservations about purchasing coins online. While their fears are legitimate, online shopping has become a way of life. At the Great American Coin Company, we want to remind you that purchasing coins online is perfectly safe and often a wise choice, if you follow these simple rules:
Know the dealer
First, it’s important that you know the contact information and headquarters of the dealer. You can do this by looking for the contact details on their website such as an email address, postal address and telephone number. Reliable dealers will advertise their contact information on their website. If you’re still feeling unsure, give the company a call. We love hearing from perspective customers!
Do your research
Before making any purchases, it’s helpful to know the cost and value of the coins you are interested in purchasing. There are a couple different resources available to coin dealers. First, check the spot of gold and silver. You can do this by visiting Kitco.com. You can also visit the Professional Coin Grading Service (PCGS) website for everything you need to know about coin grading and pricing.
Only purchase from secure websites
Most importantly, only purchase coins from secure websites. Never buy from an online dealer if you do not see the security lock at the top of the website. Depending on your browser settings, you may receive a message stating that you are now entering a secure area. We urge you, if you do not trust the dealer’s website, do not follow through with the purchase!
In short, know whom you are doing business with. Find a reputable dear that you are comfortable buying from and always do your research. It’s better to be safe rather than sorry. If you have any questions, please feel free to contact us directly.
Gary Dyner is the owner of Great American Coin Company. Connect with him on Google+.