So, you have decided to buy rare gold coins to add to your precious metals investment. You already own gold coins, but they are of the common and newer varieties. Diversifying into rare gold coins can be wise, and for many, it is the right move. Having rare gold coins gives you options and exposure to another gold market that owning recently produced gold coins just cannot offer. But now, you are faced with an interesting question; “How to choose a rare gold coin dealer?”

Here Are The Facts About Rare Gold Coin Dealers
Rare gold coin dealers are in business for profit, plain and simple, just as most of us are. However, they need to operate on a little different basis for a couple of reasons. First, the product they have to sell is limited. There are only so many rare gold coins, and truth be told, the best ones are not always available, and as you may imagine, building and holding a large inventory of rare gold coins is an expensive venture. Secondly, the value of rare gold coins generally trends up over time. Rare gold coins can and do increase in value, even when the price of gold bullion coins fall. Sometimes, selling a rare gold coin can be a financial disaster for a rare gold coin dealer, because holding onto the coin until the right time to sell into the market can potentially double or even triple or better the profits made by selling a coin too early.

Perspective And An Old Chevy
Think of it this way, perhaps you had an old Chevy Nova that you used to drive in college. It was even the SS model. It sucked gas. The black paint was always dirty, and the white interior always showed every bit of dirt and every spill. It wore out tires and the clutch and manual transmission were laborious. You couldn’t wait to graduate, get a good job, and buy one of those fancy Cadillacs that had that new fangled motor that would run as an 8, 6, or 4 cylinder depending on how much power you needed. Well, as it turns out, the Cadillac you traded the Nova for was a dud. Those 8-6-4 engines were plagued with problems and the thing was always in the shop. When you traded it in years later, you barely got anything for it because people did not want them. Then, one day while you were flipping through the cable channels, you caught a glimpse of your old Nova on the Speed Channel. Someone had restored it, and it was selling at the Barret-Jackson auction for $65,000! So is the case with rare gold coins, over time they will always increase in value, So, if a rare gold coin dealer is going to sell rare gold coin in a fine Mint State condition, it only makes financial sense to sell it only a fine price that will produce a profit substantial enough to warrant no-longer holding onto a coin that will increase in value handsomely over time. See the dilemma of a rare coin dealer?