Raw Coin Purchases Come with Risk, Continued
May 27, 2022
3 minutes
By Paul Malone
In the May 3 issue of Numismatic News, Richard Giedroyc’s Coin Clinic (Page 7) opened the door to a subject that I’ve long wanted to broach but lacked the guts to do so for fear of how it might be received.
The Professional Numismatists Guild (PNG) has reminded us on many occasions that, “If you don’t know what you’re doing, you’d better know your dealer.” This is excellent advice if one is buying bullion but of little value when it comes to raw, higher-end numismatics ($100 or more).
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