Granted, technology and e-commerce have changed the ways people conduct business nowadays. Nevertheless, some businesses and their customers still benefit from face-to-face transactions. Although establishing a business relationship with a coin dealer is not always possible, investors and collectors who live near large metropolitan areas have a lot to gain from it. Let’s explore the advantages you too can enjoy by building a relationship with a local coin dealer.

Preferential rates

More often than not, collectors and investors believe that the best rates for coins are found online, particularly at large auction sites such as eBay. Without denying that you can find some great deals online, keep in mind that a coinage dealer usually puts a lot of emphasis on customer relationships. Therefore, they are more likely to want to meet and even beat the leading online rates for their loyal customers. Given the focus, the coin dealer will do anything in his power to keep the customers happy, even if this means sacrificing some profit margins.

The possibility of inspecting the coin in person

Irrespective of how many pictures you see of a coin and even if the photos were made with a high-resolution camera, nothing compares to the privilege of inspecting the item in person. As anyone with some experience in coins can attest, not even the best camera in the world can capture the fine nuances of a coinage. Don’t forget that it’s these nuances that ultimately impact the price you should be willing to pay for a certain coin. In addition, although reputable dealers have a money-back guarantee policy, everyone knows this is not always the case.

Early access to the new inventory

Collectors are well aware of how difficult it is to get their hands on a newly released US mint coinage. It goes double for coins and sets that have been highly advertised and are in high demand. Because a coin dealer is keen on meeting his customers’ demands, they will notify their loyal clientele about the new items they added to the inventory. By simply making a wish list and sharing it with your local dealer, you should be able to complete your collection in no time.

Immediate delivery of the coins

In this fast-paced society, immediate gratification is highly appreciated. Despite the fact that you’re disciplined and can wait until the item is delivered to you, nobody minds getting the desired coin sooner rather than later. By building a relationship with your local dealer, you can eliminate all delays and other inconveniences. As a side note, this may not always be applicable, particularly for special orders that involve placing a deposit.

Privacy

Due to security reasons, most transactions these days can be or are actually tracked. Some of the data is compiled for marketing purposes and used to better meet users’ needs and preferences. Unfortunately, this cannot be achieved without compromising privacy. A local coin dealer will respect your privacy needs and will do his best to keep your transactions private, without bypassing any law.