Understand Gold coins, not become targets of scamsters: Goldcoin.net

 

TEXAS: Following publication of a recent Modbee article that explained the careful process through which collectible coins are minted, handled and distributed, Texas-based gold coin dealer GoldCoin.net said today through spokesman Keith Kelly that understanding what a numismatic gold coin goes through could prevent naïve gold buyers from wasting money on bullion items that are often marketed as numismatics.

"Savvy marketers have been pushing these MS69 and MS70 gold Eagle coins for a long time now, and every day we field complaints from dissatisfied investors who bought gold Eagles from some overpriced marketing firm in southern California," Kelly said. "They don’t understand how the coins they paid 30 percent above spot for are only worth $50 more per ounce than the gold spot price."

Kelly believes that careful research and due diligence could prevent many of these misinformed buyers from becoming targets of gold dealer scams.

Read More: www.bullionstreet.com/news/understand-gold-coins-not-become-targets-of-scamsters-goldcoinnet/5890