If you’ve made the decision to start purchasing silver and gold bullion, numismatic coins, or another form of precious metals, you’re making a wise decision to invest in the simplest form of wealth. While buying gold and silver doesn’t have to be complicated, it’s a good idea to educate yourself a bit.

Below, the professionals from Coins & Carats, Inc. in Kalispell, MT, explain silver and gold bullion and numismatic coin purchasing for beginners. For more than 25 years, they’ve been buying and selling coins and jewelry and have developed an outstanding reputation among the community. They suggest the following tips: 

• Do the Research: To begin, you’ll need to decide whether you’ll purchase silver and gold bullion or numismatic coins.To make the most informed decision, find out more about your options and how they vary. For example, you may not know it, but numismatic coins are typically considered collectibles, and are no longer in production. Many bullion coins, on the other hand, are produced yearly and are purchased primarily for investment purposes.
• Determine What Suits You Best: While collecting numismatic coins is a pastime that fascinates many individuals, if you are seeking to simply invest in precious metals, you may want to stick with buying bullion. Numismatic coin collectors spend a great deal of time researching their hobby and typically seek out specific pieces to add to their collections. Thus, if you’re simply trying to safeguard your wealth by investing in gold or silver, you can look for U.S. Silver Eagles, U.S. Gold Eagles, and Canadian Gold Maples.
• Find a Dealer: When seeking out these types of coins, be sure to find a reputable dealer within your area. While some individuals choose to purchase their gold and silver online -  where counterfeits are abundant ! Most buyers prefer to be able to physically assess the bullion they’re buying and have it guaranteed buy an established bullion dealer. 

If you’re interested in buying silver or gold bullion or numismatic coins, there’s no better place than Coins & Carats. The store offers exceptional pricing on precious metals and stones, and can answer any questions you may have about investing in silver and gold. To learn more about getting your collection started, call their knowledgeable team at (406) 752-2646 or visit the store online.