Avoid THESE Costly Mistakes When Buying Gold Coins | The Gold Spot

2 months ago
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Gold coin demand is rising sharply as more retail investors turn to physical gold for portfolio protection, following the lead of central banks. While gold coins offer accessibility and long-term value, growing interest has also led to an increase in misleading sales tactics.

One common issue is the overhyping of modern graded coins, which are often sold at inflated prices despite being common and freshly minted.
Dealer-exclusive coins are another concern, marketed as rare but priced without comparison, allowing sellers to set arbitrary values.
Additionally, offers of “free” gold or silver often come with hidden costs, as inflated premiums elsewhere offset the giveaways.

A clear pattern is emerging: similar products, pricing tricks, and marketing language are being used across multiple dealers. With more new investors entering the market, these tactics are becoming more prevalent. Buyers must stay informed, recognize red flags, and proceed with caution to avoid overpaying or being misled.

In this week’s The Gold Spot, Sr. Precious Metals Advisor Steve Rand and Precious Metals Advisor Brian Conneely explain some of the most common misleading practices in the gold coin market, the best ways investors can protect themselves, and how SBC might be able to help.

🔗 Read more here 👉 https://www.sbcgold.com/blog/modern-gold-coin-traps-every-investor-should-avoid/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_07092025

⭐ RELATED ARTICLES AND VIDEOS:

🔗 Buyer Beware Guides & Resources: https://www.sbcgold.com/buyer-beware/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_07092025

⭐ SBC Gold Precious Metals Advisors in this The Gold Spot video:

👤 Brian Conneely: https://www.sbcgold.com/about/brian-conneely/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_07092025

👤 Steve Rand: https://www.sbcgold.com/about/steve-rand/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_07092025

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