WikiCoins:Beginner’s Guide to Buying Silver Coins in Atlanta

One of the fastest ways to make money is to sell silver coins. If, however, you’re on the other end of the spectrum – that is, you are more of a collector, then you’re most likely to search for sellers rather than coin buyers. If you’ve only just begun investing in silver coins in Atlanta, you probably have many questions that need to be answered. Today, demand for silver is increasing because it can be used as a hedge against inflation and other financial crises that periodically affect the global economy.

Often times, beginners who collect silver coins in Atlanta start with bullion coins. While bullion silver coins contain intrinsic silver value, they don’t contain collectible or numismatic value, which helps to reduce mistakes that many novices experience. In the United States, bullion coins are produced regularly by the U.S. Mint, an example of which is the one-ounce American silver eagle. Commemorative coins such as the 2012 Infantry Soldier Silver Dollar fetch a relatively lower price, due to the reduced silver content, although the difference is not that significant. When looking for coin dealers to buy silver coins in Atlanta, keep in mind that they also offer silver coins that were minted for general circulation, which are less expensive than some of the aforementioned options, thus making them a great option for beginners.

“Junk” Silver Coins

As alluded to above, some coins minted for general circulation are only worth the silver value of the coins. These coins are commonly referred to as ’junk” silver. The name is somewhat misleading, as there is a high demand for these coins in the marketplace. These coins are highly sought after by investors as opposed to coin collectors; however, coin collectors can also use “junk silver” coins to fill holes in their coin collections. Common junk silver coins in Atlanta are US dimes, quarters, and half dollars that were produced in 1964 and earlier. Because they were used as a form of currency or legal tender, these coins typically have varying degrees of wear. Junk coins are typically sold as “bags”, containing a mix of U.S. dimes, half dollars, and quarters. They’re called “bags” because that was how they were originally shipped by U.S. Mint.

Silver Coin Pricing

If you are investing in silver coins, you should know where to buy silver coins in Atlanta. Because of today’s technology though, you no longer have to physically go into a store to know how much silver coins in Atlanta are worth. Most major U.S. and international coin dealers have automated systems in place where the prices for various coins are adjusted every few minutes, so a simple visit to their website or a phone call should provide you with the information that you need. Some websites will also provide you with an up-to-date coin inventory which will allow you to know in advance what type of offerings are available.

In summary, buying silver coins in Atlanta can be a great investment. They are traded on a daily basis and the values are highly dependent on the current market conditions. Just be careful that you fully understand what you’re buying to most sure that you don’t make a costly mistake, and only deal with trusted names in the coin industry to improve your chances for success. Atlanta Gold & Coin Buyers