Tips For Dealing With Coin Dealers

Whether you're shopping in person or online, there are a few basic things you should look for to make sure that you've chosen a good coin dealer.

• A good Better Business Bureau – A high letter grade from the BBB is usually a good sign that the coin dealer follows fair and ethical business practices.
• Return policies – Most coin dealers allow returns within 7 to 10 days, assuming the returned item is accompanied with a receipt and in its original, untampered holder.
• Acceptance of many payment types – Using a credit card allows you to have recourse in the case of being victimized by fraudulent business practices. However, you'll have little chance of recouping a loss if you pay with cash.
• Declares a grading standard – There are many other standards out there, but before you buy any coins from a coin dealer, find out what type of grading guidelines he or she uses.

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