Maybe when you were a child your father gave you his old pennies. And then you began collecting more unique coins, seeking out those rarities that would some day make you rich. It was like a treasure hunt. It was a thrill.
When collecting, spend some time doing your homework, understanding how coins are graded and how to recognize counterfeits. You should also buy a reference book covering your area of interest. Such books will provide you with some basic numbers on a coins value.
I’ve learned that credit card debt is all the same. Expensive. You may earn points from the purchase, but that doesn’t come close to what you’ll pay in double digit interest.
Absolutely not. If you could, then anyone who used a clever keyboard logger to find out your password could move your savings away from you. On BullionVault you have a permanently linked bank account which can only be changed by duplicated requests from yourself and your new bankers. It cannot be changed on-line. This is what I mean about BullionVault storing value. When you want to pay people use a payments system. DGC’s are pretty good, so are checks, and cash, and credit cards, and PayPal. We don’t compete in the payments system space.
Generally a local rare coins dealer only accepts cash for your purchases. This is a long standing tradition with them. Coin dealers will say they can only sell at the lowest prices with a cash payment. They give paper receipts, so it’s not like they’re trying to hide the transaction.
Now I really understand the phrase “Caveat Emptor”. While my husband and I laugh at our mistake, I would hate for someone else to waste their time or their fair amount of money following in our footsteps. I can only hope that our experience will serve as a warning to others not to believe everything you see, and that if it looks too good to be true, it probably is.