Aspiring rare coin investors should think twice before making an investment with just anyone claiming to be a coin seller or dealer. Some things experienced coin collectors have learned along the way include:
- Research the coin and dealer in detail prior to buying anything.
- Always compare the value of a coin with other dealers before purchasing.
- Never forget to check the grade of the coin with a third-party grading service.
- Review the refund policy the store or seller provides.
- Get all the terms of the sale in writing before buying even one coin.
- Contact the Better Business Bureau and the Attorney General's office to find out if the company or seller has any complaints.
Remember that fraudulent dealers often mark up the grade of the coin so they can charge more money for it. The most important things you should do are to research gold coins and check with an independent grading service to determine the real value of the coin so you are not defrauded by a dealer or seller.
If you were a victim of gold coin fraud, you should contact a knowledgeable coin fraud lawyer at the Voss Law Firm for a free legal consultation. Simply call our office at 888-614-7730 today.
You can also request a FREE copy of attorney Bill Voss's book Coin Fraud - Is Your Investment at Risk?