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Buy Silver In New York

By Expert Author: Isaac Kahan

Silver can be used as an investment like any other precious metal. Silver has been regarded as money for more than four thousand years. However, silver had lost its charm over the past years when new precious metal comes in existence like gold, platinum etc.

Silver in recent times

In recent time peoples donít use silver as jewellery. A big part of silver used as silver coins or silver coin bullions. They are very historical although peoples lost interest in them years ago but it strike back in recent times as new age silver. You can buy them easily in New York as there are dozens of coin shops located throughout the city. There are a number of reputed shops that are been recognized by city officials.

History of silver coins

If anyone of you know about the age of silver coins? They are possibly the oldest form of coins. Silver has been used as a metal since the times of Greeks. There are number of peoples who collect coins as part of investment while there are also many peoples who really are very passionate about collecting coins.

Hobby and Investment

There are a few advantages of buying silver coins. As for examples some people do collect it as their hobby. If you might looking for a new hobby you must thought of collecting coins. Today you might buy them as your hobby but tomorrow they can save you millions. Wondering how? Here is the answer as silver becomes increasingly in demand it will be more valuable in future. After it becomes valuable it will worth you more than you paid for it and what better then satisfying your hobby with a profitable investment, both in one.

Find Silver Coin Shops

If you have been thinking of buying silver coin from a long time do not hesitate to start your collection. First, you need to find a coin dealer who specializes in selling silver coin. It is important to ask question first so that you have a complete understanding of what you are buying and how much these coin will be worth in coming years.

Shops of silver coins in New York City

1. Stackís Bowers. Stackís Bowers is a very high-end coin broker. S&B is one of the best known coin shops in the city and widely

recognized for carrying only top-end coins. It has truly a league of its own. Address 123 West57th Street New York, NY 10019

2. F.H. Coins and Collectibles. It represents all the best reasons to buy from a local NYC coin shop. This is a family operated coin shop with more than 50 years of experience in collection of coins.

Address 1187 Lexington Ave. New York, NY 10028

3. Bullion Trading LLC. As the name suggests it is specialize in the buying and selling of silver bullion bars and coins. It focuses less on rare & antique coins and more on precious metal as an investment. Address 1156Sixth Ave., 8th floor New York , NW 10036

In New York City buyers have to pay sales tax at the rate of 8.875% on the purchases of silver coins and bullions.

Isaac Kahan can help you if you want to buy 1 Oz Gold Bar or other ways to coins. Gold coins are circular coins that are partially or wholly made up of gold. The use of coins in business was common in older times and its exchange gave birth to the era of coinage.

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