Want to buy gold coins (Charlotte, Raleigh: fingerprints, prices, dangerous)

[trusam]

Gold prices are goind down and I feel that it will be a wise decision to invest in gold. I am new to Raleigh area and I would like to know from where can I buy 1 oz gold coins ?

Thanks

[Moonwalkr]

I think there are some online exchanges like Monex where you can purchase coins. For a face to face dealer you will have to call around for the prices from different coin dealers. Avoid pawn shops, of course.

[mbjjbtb]

Whatever you decide to do, be careful. Typically, you don't want to go to a Pawn Shop. You also don't want to buy from TV advertising companies. Think about it. How do they afford to advertise on TV? With the money they make from purchasers. That means that you are overspending on coins and have no idea of the true value.
My husband and I have dealt with coins for 27 years. You want to find someone with credentials from a nationally recognized grading service who is willing to help you through the process.
I wish you the best of luck with all your coin purchases. If there is anything I can help you with, I'd be happy to try.

[PastorRobertScott]

My mother in SC is hoping to invest in some gold coins. She has $4000US for this purpose. She is in York, SC, 30miles from Charlotte. What would you recommend?Here in Canada a friend of mine is on a waiting list to buy gold coins. How is it there in the US? Are they available immediately? Thanks. Robert Scott, Edmonton, Alberta...

[CarolinaCowboy]

Gold has made a run for $300-$1000 in a few short years. Be careful, as if the economic situation recovers as most think it will, gold will likely settle in at about $500 per ounce. Silver is more stable at the moment. Gold investing at this time is a dangerous proposition in my opinion, unless you 110% truly believe the end of economic times are upon us. And if that be the case, Gold won't do a hell of a lot either. Gold is what it is, gold and ownin it is nice and as real as can be, but it is no different then any other risky investment. I does not always go up.

[mbjjbtb]

I think that perhaps there is much more to the point, which is- in order to offer a valid opinion you need to consider far more than what is offered here. There are far more variables in the mix for anyone to make a viable suggestion/recommendation. We've been in the coin industry for 27 years full time and have been privy to the precious metals market for the last 15 years. In order to give more accurate information we would need more information from you. The same way you don't decide to make any investment or purchase stock without asking many more questions. Investing is as individual as one's fingerprints. Far more due diligence is required before major decisions can be made ie: age, risk tolerance, goal expectations, correctly understanding all options available before investing any kind of assests. We could go on and fill the page. If you would like individual information you may speak with us as this can't be decided in a four or forty line email. You need to speak with a professional who has been involved for many years. You may send us a direct message with your phone number or we can give you ours and we can chat.