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What You Should Expect from Atlanta Coin Dealers

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Atlanta Coin Dealers
Various U.S. Silver Coins

We realized that there was great demand for Atlanta coin dealers when we recently conducted an online search and confirmed that there were approximately 600 local monthly searches for the term.  This means that there are nearly 7,200 searches for Atlanta coin dealers on a monthly basis, which confirms that there’s an incredible amount of demand for coin dealers in Georgia.  While the knowledge level of individuals in search of coin dealers in Atlanta, we thought it would be helpful to provide individuals new to the coin industry some helpful hints on what they should be looking for so that they can help to improve their chances of a successful buying or selling experience.

First and foremost, it’s important to determine if you’re doing business with a reputable coin dealer.  While word of mouth is always the best way to obtain recommendations, not everyone has had experience with Atlanta coin dealers, so it may not be possible to obtain referrals from friends and family.  Fortunately, just about everything that you would want to know about a coin dealer is available online.  Coin dealers can be evaluated at the Better Business Bureau’s online site at www.bbb.org.  You may also want to check online reviews of Atlanta coin dealers, such as those that are provided by Google Places, Kudzu and Yelp.

Secondly, once you’re comfortable that you’re dealing with a reputable coin dealer, the next step is to obtain a quote.  Most quotes, especially for gold and silver coins, can be provided without seeing the coins in person.   Atlanta coin shops should be willing to provide you with a quote on their website, via e-mail or over the phone before you ever set foot in their place of business.  If they’re unwilling to do so, then you should consider moving on.

Thirdly, at the time of this writing, the price of gold and silver are incredibly volatile, so it’s important to confirm how long the offer will remain valid.  Most coin dealers are willing to honor the quote as long as the transaction takes place on the date a quote is provided.  However, other coin dealers realize that it’s not always possible to visit their place of business the same day, and will honor a quote through the end of the following business day.  This should be less of an issue for coins that aren’t affected by the price of gold and silver, such as old U.S. copper coins.

Fourthly, assuming that the coin dealer in Atlanta with whom you’ve been communicating passes the muster thus far, we recommend that you ask if your transaction will take place away from the general public.  After all, it may not be safe to exchange hundreds or even thousands of dollars or merchandise over a counter that can be viewed by other patrons.  Better yet, try and schedule an appointment in advance with the coin dealer so that they can make arrangements to visit with you in their office.  You’ll not only be guaranteed of privacy, but you’ll also have their undivided attention.

Lastly, be sure to specify in advance with the coin dealer the method of payment that will be used so that there are no surprises when it comes time to complete the transaction.

In summary, taking the time to properly evaluate your Atlanta coin dealer means checking their reputation prior to conducting business, obtaining a quote prior to entering their place of business and confirming how long the quote will remain valid.  Be sure to also insist on conducting your transaction away from the general public and confirming in advance the method of payment that will be used.  Doing so should help to increase your chances of a successful transaction.

Picture of Tony Davis
Tony Davis
Tony Davis is the owner of Atlanta Gold & Coin Buyers, a full service Atlanta based coin and bullion dealer specializing in buying, selling and appraising coins and coin collections of all types and sizes. Tony frequently writes on various economic and numismatic related topics affecting the coin and bullion markets and has been published on some of the industry’s leading websites, including Coin Week, the American Numismatic Association, Coin Collector, Coinflation, and Coin Auctions Help, just to name a few. Visit Atlanta Gold & Coin’s website at atlantagoldandcoin.com to obtain additional information on the products, services and educational resources offered by his company. Tony can be reached at sales@atlantagoldandcoin.com or at 404-236-9744

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