Shiny Coins, Hidden Costs: What Coin Dealers Don’t Want You to Know | The Gold Spot

When it comes to investing in gold and silver, flashy marketing can be deceiving…and costly. Instead of transparency and honesty, some misleading coin dealers rely on questionable marketing strategies and inflated premiums for their success.

For example, some modern graded bullion coins are marketed as rare investments, but, in reality, they’re often mass-produced and only worth their melt value. A coin grade only justifies a higher price when combined with other valuable features such as scarcity or numismatic properties.

Other coin dealers often use exclusive coins to justify inflated prices, even though most of these coins are only worth their precious metals contents. They’re promoted as rare and collectible, but their exclusivity often doesn’t translate into lasting value.

Then, there’s the “freebie” bait, where some precious metals dealers promise “free gold,” “free silver,” or waived gold IRA fees. The catch? These costs are usually hidden elsewhere in the transaction.

Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Sr. Precious Metals Advisor Steve Rand and Precious Metals Advisor Richard Otto break down these deceptive tactics, uncover commonly targeted coins, and provide tips to help investors avoid these pitfalls.

🔗 READ MORE: https://www.sbcgold.com/blog/shiny-coins-hidden-costs-what-coin-dealers-dont-want-you-to-know/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_04162025

⭐ RELATED ARTICLES AND VIDEOS:

🔗 The Truth About Modern Graded Bullion Coins: https://www.sbcgold.com/investing-101/buyer-beware-the-truth-about-modern-graded-bullion-coins-as-investments/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_04162025

🔗 The Truth About Dealer-Exclusive Coins: https://www.sbcgold.com/blog/buyer-beware-the-truth-about-dealer-exclusive-coins/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_04162025

🔗 The Myth of Free Gold and Silver: https://www.sbcgold.com/blog/buyer-beware-the-myth-of-free-gold-and-silver/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_04162025

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⭐ SBC Gold Precious Metals Advisors in this The Gold Spot video:

👤 Steve Rand: https://www.sbcgold.com/about/steve-rand/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_04162025

👤 Richard Otto: https://www.sbcgold.com/about/richard-otto/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_04162025