Warning Signs of an Unreliable Coin Dealer
It’s essential to be cautious when choosing someone to buy rare coins or gold from. A few red flags can help you identify when a seller may not be trustworthy. Ignoring these signs could lead to financial loss or fake investments.
Here are some warning signs to watch for:
- Lack of verifiable reviews – Dealers with no online presence or history may not be legitimate.
- Unwilling to provide documentation – Avoid sellers who refuse to show certificates, appraisals, or authentication details.
- High-pressure tactics – Be wary of anyone urging you to act quickly or warning you that a deal will disappear in minutes.
- Unclear pricing or vague product details – Reliable dealers will clearly explain prices, shipping costs, and item specifications.
- No return policy – Reputable sellers typically offer some form of buyer protection or return option.
Protecting your interests requires doing research before working with any rare coin dealer or bullion provider.