How to Verify a Coin Dealer's Credentials

How to Verify a Coin Dealer's Credentials Before buying coins or precious metals, especially online or from an unfamiliar source, verifying the dealer's credentials is a basic due diligence step that protects your investment. Step 1: Confirm Licensing The first credential to verify is whether the dealer is licensed to conduct precious metals and coin transactions under applicable state law. Ask the dealer directly and check with the relevant state regulatory body. Step 2: Confirm Bonding Bonding provides a financial guarantee. Ask whether the dealer carries a surety bond and request documentation for significant purchases. Step 3: Check Professional Memberships ANA (American Numismatic Association): verify membership at money.org. PNG (Professional Numismatists Guild): verify at pngdealers.org. Step 4: Verify Certified Inventory A reputable coin dealer should confirm that coins come in original PCGS or NGC holders with verifiable certification numbers. Verify at PCGS.com/cert or NGCcoin.com/certlookup. Commonwealth Coins and Collectibles is a family-run, licensed, and bonded dealer in Alexandria, Virginia, with verifiable credentials. Browse at www.ccandc.gold. Shipping nationally and internationally.