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How To Choose A Rare Gold Coin Dealer – Part Six

Blog Feb 11, 2014

Well dear reader, we have come a long way. Maybe when you started reading about how to choose a rare gold coin dealer, you had a preconceived idea about what you were going to find, and hopefully, so far, I have not wasted your time by simply telling you what you thought you already knew. My goal is to always share the “insider-type” information that isn’t easy to come by or is perhaps buried quite deeply on purpose. I would like to think that parts one through five did exactly this. I would be remiss, though, if I did not cover the basics, so here they are…

The Basics About How To Choose A Rare Gold Coin Dealer
Do your due diligence. Take your time, and don’t make any hasty decisions. Speak with your spouse about what you are both trying to accomplish with the purchase of rare gold coins. Come to a consensus about what risks you are willing to take and with how much of your wealth you are willing to take these risks. Not everyone should be a buyer of rare gold coins, and not every rare gold coin dealer will tell you this. Once you have these answers, you can start digging a little deeper.

Scour The Internet
Fortunately for us, we live in the information age. Use your favorite search engine and spend a little while researching any and every rare gold coin dealer you are considering doing business with. You may find shocking truths. I am aware of one competitor of ITM Trading that is a seller and buyer of rare gold coins, and that large company is owned by a fellow who went to prison for scamming those who wanted to buy rare gold coins; they paid for them but never got them. In fact I believe that this person still owes millions and millions in court settlements that he will probably never repay. When he got out of prison, he simply opened up another rare gold coin company. There is another rare gold coin dealer who ended up having the shady business practices they engaged in exposed in a lengthy and well publicized class action lawsuit. If you spend a little time looking, you can find out exactly which rare gold coin companies these are; they hide in plain sight.

Check with The Better Business Bureau
Quite often, when clients either feel or actually are mistreated by a rare gold coin seller, or a buyer of rare gold coins, they voice their complaint with the Better Business Bureau. I am also aware of a competitor to ITM Trading that had to change it’s name because there were just way too many complaints against it with the BBB, and they had rightly earned a very low rating. With the new name, came a new much higher rating, so please know that you cannot use the BBB as your sole resource. All companies, if they are around long enough, will eventually receive a complaint or two, but it is truly how the owner of the rare gold coin company responds to these complaints and solves any issues that will demonstrate what kind of integrity the owner of the company really has. ITM Trading has an A+ rating with the BBB. Call us, we are here to be of service.

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