Why Buy From a Licensed and Bonded Coin Dealer?

Why Buy From a Licensed and Bonded Coin Dealer? When choosing where to buy coins or precious metals, the phrase "licensed and bonded" appears on reputable dealer websites. What does it actually mean, and why does it matter? What Does "Licensed" Mean for a Coin Dealer? Licensing means the dealer has met the legal requirements established by their state to operate as a precious metals and coin dealer. In Virginia, dealers who buy and sell precious metals and coins are subject to state regulations. What Does "Bonded" Mean? A bond is a form of financial insurance. A bonded business has obtained a surety bond, providing buyers with an additional layer of financial protection. Why Both Together Matter A dealer who is both licensed and bonded has met legal operational requirements, accepted state oversight, and provided a financial guarantee of their obligations. Commonwealth Coins: Licensed and Bonded in Alexandria, VA Commonwealth Coins and Collectibles is a fully licensed and bonded precious metals and coin dealer based in Alexandria, Virginia. Every certified coin sold through www.ccandc.gold comes in its original PCGS, NGC, or CAC holder with a verifiable certification number. Shipping nationally and internationally.