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Gold Cable

November 23rd, 2014

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Eldora Resources - How to Avoid Scams when Buying Gold and Silver Coins

Know Your Dealer, Resist Deals Too Good to Be True and Avoid Collectable Coins

It is important to research and evaluate each of the gold investment companies under consideration. There are many gold investment scams, fraud, boiler rooms that you should watch for, this will serve as a good warning before investing and only use gold options and companies that are verified, and have a good business reputation. This will minimize the risk of falling prey to any boiler rooms, scams or frauds.

With the rise of gold and silver coins as a hedge against inflation, more people are looking to add precious metals to their savings. However, there are many scam artist ready to take advantage of new buyers. Here's how to protect yourself.

Avoid collectable coins

When you start to buy gold and silver coins, some disreputable dealers will try to sell you collectable gold and silver coins. Usually, these coins cost 50% to 100% over spot. If you are interested in buying silver and gold coins as an investment, then you shouldn't bother with collector coins. And you should not be paying more than 30% over spot price, per ounce.

Avoid people who offer "too good to be true" deals on gold and silver

There is no such thing as a deal when it comes to gold and silver coins. You can not buy a gold nor silver coin for just spot price. And you certainly can not buy a silver or gold coin for under spot price. Anyone who tries to sell you a gold or silver coin for close to spot price is trying to rip you off. Avoid them.

Avoid buying coins on eBay if you are not an expert on detecting fake coins

eBay has many reputable dealers. However, there are many fraud coins on eBay. You are better off avoiding this market. If the gold and silver market becomes overheated, you may find that many dealers will be out of coins. And that the only place that you may find gold or silver coins will be on eBay. Your best move is to simply wait until the coins come back into stock at a reputable dealer. If you end up buying a fake coin on eBay, or get stiffed, you will have a hard time getting your money back.

Stick to U.S. Liberty Eagle Gold and Silver coins if you are new at buying gold and silver coins

There are many fraud gold and silver coins out there. The majority of fake gold and silver coins come from Asia. You can reduce your chance of buying a fake coin by sticking to U.S. Liberty Eagle Gold and Silver coins. Why? Because these are the only coins minted by the United States. And counterfeit gold and silver Liberty coins are investigated by the Secret Service. That makes it more advantageous for criminals to stick to faking non-US gold and silver coins. Yes, you will pay a little more for U.S. Liberty Eagle gold and silver coins, but it will be worth it.

Avoid buying coins at pawn shops if you are not a powerful negotiator

Pawn shop dealers are masters at buying low and selling high. If you are a new gold and silver buyer and you walk into a pawn shop, you will be like a sheep walking into a den of wolves. You are better off to sticking to large gold and silver dealers who have a set above spot price on their coins.

There are many great places where you can safely buy gold and silver coins. My two recommendations are APMEX and Apmex.com and bulliondirect.com. Both companies have been around for over a decade and have a long track record with many long term gold and silver buyers and sellers. With the right kind of research, you will be able to find the best dealer for you to buy and sell gold and silver coins.

Find Gold Cable On eBay Below:

100X RJ12 RJ11 Tel ADSL Modular Plug 6P6C Connector Gold Plated Cable End LB
100X RJ12 RJ11 Tel ADSL Modular Plug 6P6C Connector Gold Plated Cable End LB
$8.28
Staples 24k Gold Plated USB 20 High Speed Cable 7 ft  2 Reuseable Cable Ties
Staples 24k Gold Plated USB 20 High Speed Cable 7 ft 2 Reuseable Cable Ties
$7.19
Lightning To HDMI HDTV AV TV Cable Adapter For IOS iPad Pro iPhone 7 6 Plus Gold
Lightning To HDMI HDTV AV TV Cable Adapter For IOS iPad Pro iPhone 7 6 Plus Gold
$16.49
Gold Series IEEE1284 Printer Cable HiSpeed Bi Directional DB25 36 Male 8
Gold Series IEEE1284 Printer Cable HiSpeed Bi Directional DB25 36 Male 8
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NEW Saver Power Extension Outlet Cord AC Cable DURALAST GOLD 1200 PEAK AMPS
NEW Saver Power Extension Outlet Cord AC Cable DURALAST GOLD 1200 PEAK AMPS
$13.95
Cable Leader Gold Plated Premium 3 DisplayPort to DVI Cable 28AWG 1 Meter 3ft
Cable Leader Gold Plated Premium 3 DisplayPort to DVI Cable 28AWG 1 Meter 3ft
$7.99
New Steren HDMI High Speed Cable w Ethernet 15ft 1080p 1440p Black Gold Plated
New Steren HDMI High Speed Cable w Ethernet 15ft 1080p 1440p Black Gold Plated
$14.11
HDMI Gold Male To VGA HD 15 Male 15Pin Adapter Cable 6FT 18M 1080P
HDMI Gold Male To VGA HD 15 Male 15Pin Adapter Cable 6FT 18M 1080P
$2.59
Gold Digital Coaxial Audio Video Cable 75 Ohm RCA Male to RCA Male 5m
Gold Digital Coaxial Audio Video Cable 75 Ohm RCA Male to RCA Male 5m
$25.26
Gold Digital Coaxial Audio Video Cable 75 Ohm RCA Male to RCA Male 1m
Gold Digital Coaxial Audio Video Cable 75 Ohm RCA Male to RCA Male 1m
$11.65
Gold Digital Coaxial Audio Video Cable 75 Ohm RCA Male to RCA Male 3meter
Gold Digital Coaxial Audio Video Cable 75 Ohm RCA Male to RCA Male 3meter
$19.21
Original PZOZ USB Cable Fast Charger for iphone 4 4s 3GS iPad iPod
Original PZOZ USB Cable Fast Charger for iphone 4 4s 3GS iPad iPod
$5.00
DisplayPort DP To DVI Dual Link 24+1 Pin Male Gold Connection Cable Audio Video
DisplayPort DP To DVI Dual Link 24+1 Pin Male Gold Connection Cable Audio Video
$5.25
Monoprice 15 Feet USB 20 A Male to A Female Extension 28 24AWG Cable Gold
Monoprice 15 Feet USB 20 A Male to A Female Extension 28 24AWG Cable Gold
$35.49
Lightning to HDMI USB Charger Adapter Cable For iPhone 7 iPad Pro iPod touch
Lightning to HDMI USB Charger Adapter Cable For iPhone 7 iPad Pro iPod touch
$15.19
HDMI to VGA Cable Adapter Converter 15 Pin d Sub HDMI Gold with Audio Male to V
HDMI to VGA Cable Adapter Converter 15 Pin d Sub HDMI Gold with Audio Male to V
$7.99
5M Premium Ultra HD HDMI Cable v20 High Speed Ethernet HDTV 2160p 4K 3D GOLD
5M Premium Ultra HD HDMI Cable v20 High Speed Ethernet HDTV 2160p 4K 3D GOLD
$8.92
IPAX NewInBox Hi Speed USB 20 Cable 24k 15Ft 46M Gold plated connectors 1060
IPAX NewInBox Hi Speed USB 20 Cable 24k 15Ft 46M Gold plated connectors 1060
$13.50
MONSTER CABLE Video F PIN F PIN COAX COAXIAL 200FCX 2 m 66 ft 24K GOLD PLATED
MONSTER CABLE Video F PIN F PIN COAX COAXIAL 200FCX 2 m 66 ft 24K GOLD PLATED
$9.53
USB A Male to 35mm Female Converter Jack Power Plug Audio Adapter Cable
USB A Male to 35mm Female Converter Jack Power Plug Audio Adapter Cable
$4.47
Extension Power Cable For Golds Gym Elliptical  Cycle Trainer Excerise Bikes
Extension Power Cable For Golds Gym Elliptical Cycle Trainer Excerise Bikes
$2.99
CAT7 Gold Plated SSTP 10Gbps RJ45 LAN Ethernet Network Patch Cable 3 Feet Black
CAT7 Gold Plated SSTP 10Gbps RJ45 LAN Ethernet Network Patch Cable 3 Feet Black
$10.55
CAT7 LAN Ethernet Network Patch Cable 10 Feet Black Gold Plated SSTP 10Gbps RJ45
CAT7 LAN Ethernet Network Patch Cable 10 Feet Black Gold Plated SSTP 10Gbps RJ45
$7.91
HDMI to DVI D 24+1 Pin Adapter Cable Gold 1080P for HDTV Plasma DVD Projector
HDMI to DVI D 24+1 Pin Adapter Cable Gold 1080P for HDTV Plasma DVD Projector
$6.32
HDMI to DVI D 24+1 Pin Adapter Cable Gold 1080P for HDTV Plasma DVD Projector
HDMI to DVI D 24+1 Pin Adapter Cable Gold 1080P for HDTV Plasma DVD Projector
$7.12
Mini Magnetic Mobile Phone Data Cable Organizer Cable Holder Storage Clip
Mini Magnetic Mobile Phone Data Cable Organizer Cable Holder Storage Clip
$3.49
Gold DVI D Male to HDMI Male Adapter Cable for PC LCD HD TV Full HD TV 10 FT NEW
Gold DVI D Male to HDMI Male Adapter Cable for PC LCD HD TV Full HD TV 10 FT NEW
$7.12
USB 30 Cable Wire USB 20 USB 11 Adapter Male A To Female 3 Feet Gold plated Q
USB 30 Cable Wire USB 20 USB 11 Adapter Male A To Female 3 Feet Gold plated Q
$2.69
1pc Practical USB Type A to 35mm Headset Stereo Audio Cable External Sound Card
1pc Practical USB Type A to 35mm Headset Stereo Audio Cable External Sound Card
$4.85
AYA 15Ft 15 Feet USB 30 SuperSpeed Male A To Female Extension Cable Gold
AYA 15Ft 15 Feet USB 30 SuperSpeed Male A To Female Extension Cable Gold
$13.39
Type C to 35mm Headphone Jack Headset Stereo Audio Adapter Cable For Letv MOTO
Type C to 35mm Headphone Jack Headset Stereo Audio Adapter Cable For Letv MOTO
$4.60
RJ45 Flat Cat6 Ethernet Gold Plated Ultra thin 10G bps SSTP Network Cable Lot
RJ45 Flat Cat6 Ethernet Gold Plated Ultra thin 10G bps SSTP Network Cable Lot
$3.14
Gold Battery Powered Condenser Microphone w Cable Foam Cap Set for Stage KTV
Gold Battery Powered Condenser Microphone w Cable Foam Cap Set for Stage KTV
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Manhattan 7ft Cat5e Network Cable with Gold Plated Contacts  732642
Manhattan 7ft Cat5e Network Cable with Gold Plated Contacts 732642
$7.72
Manhattan 14ft Cat5e Network Cable with Gold Plated Contacts  732666
Manhattan 14ft Cat5e Network Cable with Gold Plated Contacts 732666
$9.72
Belkin SVGA Monitor Replacement Switchbox Cable Computer AV Connection 6 CHOP
Belkin SVGA Monitor Replacement Switchbox Cable Computer AV Connection 6 CHOP
$13.37
10PCS 2ft CableOnSale Gold 35mm 1 8 Stereo 4 Pole TRRS Male to Male AV Cable
10PCS 2ft CableOnSale Gold 35mm 1 8 Stereo 4 Pole TRRS Male to Male AV Cable
$7.95
Tripp Lite USB 20 Gold Cable 25 ft Silver TRPU042025
Tripp Lite USB 20 Gold Cable 25 ft Silver TRPU042025
$30.59
Lot10 3ft short35mm Gold Stereo Male M Shielded Audio Headphone IPOD 1 8CableW
Lot10 3ft short35mm Gold Stereo Male M Shielded Audio Headphone IPOD 1 8CableW
$21.99

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