Getting into coin collecting or rather rare coin collecting is a tricky thing. You must be aware of this fact before you make any purchase. With the technology present today and with a little bit of ingenuity, a coin can be made to look like it was personally hand crafted by Abraham Lincoln. This sort of thing doesn’t get by most experts, but scammers are improving their craft and it is getting increasingly difficult.
Coins like american silver eagles and such are being sold online at fantastic bargain prices. Don’t be taken in by these, the coins are complete fakes. When you see a coin you like, go look up the prices at established vendors who have built up a good reputation for themselves. You will find that their prices are (although somewhat similar to each other) much higher than the fantastic prices quoted by others. Buying from these guys may not be instantly appealing, but what you have to realize is that their items are genuine and are backed by certificates of authenticity. This will give you legal leverage in case you discover anything to the contrary about the item you purchased.
The same advice goes for purchases of precious metals like gold bullion and silver bullion. Stick to the guys who have proved themselves and you will be safe. Gold and silver are in particular easy to fake and purchasing those fakes represents a colossal waste of money for you. So take care and take your time in making purchases such as these online.
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