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How To Choose A Rare Gold Coin Dealer – Part Five

Blog Feb 11, 2014

By this point in the article about how to choose a rare coin dealer, perhaps you are looking at things more like an insider, and less like someone who has just decided to purchase rare gold coins. Perhaps you have answers to questions you had never pondered, or would never have thought to ponder. Well, we are not done yet. Next, I’ll let you in on a little secret that may set one rare gold coin dealer apart from another rare gold coin dealer, and that is the business model.

What It Takes To Be A Rare Coin Dealer
Money. Really, that is it. Money is all it takes to open a storefront, purchase rare gold coins, and print a sign for the window that says “Buyer of Rare Gold Coins”. Of course, if you want to be a good and successful rare gold coin dealer with longevity and success, then having ethics, scruples, and a solid business plan are also paramount. However, if you just buy rare gold coins off of the street, as some rare gold coin dealers do, then you will lack guarantees and provenance for your inventory. You will also be forced to sell only from your inventory, because you can only sell what you have. Also, what will eventually happen is sooner or later you will be looking to sell specific items in your inventory for one reason or another, and you will begin pushing clients towards one rare gold coin over another rare gold coin. Perhaps you have more available profit in a certain gold coin and you wish to sell that one. Perhaps you have a large amount of capitol tied up in a certain rare gold coin and there just doesn’t seem to be anyone interested in buying it and you need to sell it. Or, perhaps the coin just isn’t very nice and you know it, but a novice buyer of rare gold coins won’t. In any event, sooner or later you would start making buying suggestions based on what is best for you, not what is best for the customer. This is one rare coin dealer business model, however, this is not ITM Trading’s business model.

ITM Trading Partners With Some Of The Largest Rare Gold Coin Wholesalers In The Country
Craig Griffin has spent nearly two decades building strong business relationships with some of the largest rare coin wholesalers in the country. He has brokered business agreements and partnerships that let ITM Trading purchase rare gold coins at very good wholesale prices, and he also gets the cream of the crop “sight seen” gold coins that are exactly what you want to hold in your rare gold coin investment portfolio. ITM Trading has access to hundreds or even thousands of gold coins at any given time, and ITM Trading is not beholden to having to sell from a stagnant inventory of rare gold coins, unlike someone who practices the previous business model. ITM Trading can scour the inventories of several companies to find the best rare gold coin for your dollars.

Now you have something else to think about when you determine how to choose a rare gold coin dealer. “Can this company I’m considering get the rare gold coin that is best for me, or are they steering me towards the rare gold coin that is best for them….?” If you are looking for a specific rare gold coin, let us know. If you are interested in what ITM Trading thinks is the best rare gold coin available for you to own, give us a call. ITM Trading makes owning rare gold coins easy.

Sources & References In This Article

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