Rare Coin Dealers

Rare Coin

How to find reputable Rare Coin Dealers

First, you should check does the rare coin dealer have any assets. The rare coin dealer’s financial stability is a good indicator of the likelihood that he’ll be around for a long time. Also check is the the rare coin dealer known among his peers.

If the rare coin dealer has a bad reputation, or isn’t respected in his own community, he’s probably not a good choice to do business with. Especially when that business involves investing for your future.

You should check what are the rare coin dealer’s ethics. Rare coin dealers who subscribe to a code of ethical standards, such as that espoused by the Professional Numismatists Guild (PNG), have enough respect for their customers. They agree to respresent their coins fairly, grade coins honestly, and treat people ethically.

Rare Coin

It is good to verify do you have any recourse if you get ripped off. Rare coin dealers who are full members of the Professional Numismatists Guild have agreed to submit to binding arbitration to resolve disputes. This is a very important consideration if you are buying expensive coins, or coins for investment purposes.

How to Find a PNG Rare Coin Dealer

The Professional Numismatists Guild has an online coin dealer directory where you can search for rare coin dealers using various criteria. PNG membership standards are strict. One of the requirements is an agreement to adhere to the Code of Ethics. To join the Professional Numismatists Guild, a rare coin dealer must have experience in the field, must certify that he or she has significant financial worth, and must be elected by a majority of the present members. All the rare coin dealers who are members of PNG are subject to the rules and regulations of the Guild.