Eastern Numismatics Review

April 27, 2023
Written by Peter Anderson

For those interested in numismatics, the Eastern Numismatics Review is an essential guide to understanding coins and their value. The review provides a comprehensive overview of coin collections from around the world, including information on rare coins that are highly sought after by collectors. 

In this article, we will take a closer look at what makes the Eastern Numismatics Review so valuable for anyone with an interest in coins and currency.

The Eastern Numismatics has been providing guidance on collecting and investing in coins since its inception in 1974. It offers detailed reports on some of the most popular types of collectible currencies, such as Chinese silver dollars, American half cents, British gold sovereigns, and more. 

Each issue also includes articles written by experts in the field who share their knowledge about various aspects of numismatic history and culture. There is a section dedicated to coin grading services which helps readers make informed decisions when it comes to buying or selling pieces from their collection.

Each issue contains news updates about recent developments within the numismatic industry as well as interviews with prominent figures within the community. This keeps readers up-to-date on any changes that may affect their investments or interests in specific coins or series of coins.

So whether you’re just starting out exploring your hobby or have been collecting coins for years, having access to expert advice can help ensure you get the most out of your investment.

Disclosure: Some of the links in this article are from sponsors. The list below is an honest review gathered from thorough research, experience, and consumer-based feedback. 

Before we get started with this review:

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Background of Eastern Numismatics

Eastern Numismatics is a world-renowned coin and precious metal dealer, with over forty years of experience in the field. Established in 1974, Eastern Numismatics has become an industry leader, providing collectors and investors alike with access to some of the finest coins, paper money, and bullion available. 

Looking back at its history, it's clear that this company was founded on passion - for numismatics itself as well as the artistry behind each piece.

The cornerstone of Eastern Numismatics’ success lies within its memberships with various prestigious organizations such as the American Numismatic Association (ANA), Professional Coin Grading Service (PCGS) and Certified Acceptance Corporation (CAC).

Through these partnerships, shoppers have access to high-end products within their budget range—whether they’re looking to add rare coins to their collection or invest in precious metals IRAs through Eastern Numismatics.

With competitive prices on hundreds of thousands of items across multiple grades and denominations – from ancient Greek drachmas to modern U.S. commemorative silver dollars – there truly is something for everyone here!

Investing in Precious Metals IRAs Through Eastern Numismatics

Investing in precious metals IRAs is a popular option for those who want to diversify their retirement portfolio. Eastern Numismatics can help you get started investing in gold, silver and other bullion investments through an IRA rollover.

A precious metals IRA is a type of self-directed individual retirement account (IRA) that allows investors to hold physical assets such as gold, silver, platinum or palladium instead of traditional paper assets like stocks and bonds. The benefits of investing in these types of accounts include tax advantages, asset protection, long-term growth potential and more.

When setting up a precious metals IRA with Eastern Numismatics, there are several steps involved. First, you will need to set up the actual account with your chosen custodian (Eastern Numismatics can assist with this process). Next, you will transfer funds from another eligible retirement plan into your new self-directed IRA.

You then have the option to purchase approved coins or bars directly from Eastern Numismatics or you may choose to have them facilitate the purchases on your behalf by utilizing its extensive network of dealers worldwide. Once purchased, they will be shipped securely via insured mail services directly to your designated depository where it will be stored until ready for liquidation. 

With Eastern Numismatics’ assistance throughout the entire process; you can rest assured knowing you’re making informed decisions when investing in your future.

Eastern Numismatics

What Exactly Is a Precious Metals IRA?

A Precious Metals IRA (individual retirement account) is an alternative investment option for retirement planning and wealth management. It enables investors to diversify their portfolios with physical gold, silver, platinum, or palladium coins and bars.

Gold has become popular in recent years due to its stability and potential for appreciation, as well as its ability to hedge against economic downturns.

With a self-directed IRA, individuals can purchase precious metals directly from the issuer or through a broker. This means that they are able to manage their own investments without having to pay fees associated with traditional IRAs.

Investors may also be eligible for tax benefits when investing in a Precious Metals IRA. These accounts offer more flexibility than other types of retirement plans since they allow investors to transfer funds between different asset classes while maintaining control over the assets themselves.

In addition to providing secure long-term returns on investments, owning a Precious Metals IRA can also help with estate planning and tax planning goals. Investing in tangible assets such as gold or silver provides protection against inflation by helping preserve purchasing power over time.

It allows individuals to pass on accumulated wealth without worrying about taxation or excessive expenses related to probate laws. As such, adding gold and silver bullion into your portfolio can provide security both now and in the future should you need additional financial resources during retirement.

Making sure you understand what exactly is involved before deciding if this type of investment is right for you can help ensure that your retirement goals are met without compromising your financial health.

What Is a Precious Metals IRA Rollover?

A Precious Metals IRA Rollover is a process of transferring assets from one retirement account to another, such as exchanging a Traditional or Roth IRA for an IRA backed by physical gold and silver.

This type of investment offers investors the ability to diversify their portfolio with tangible precious metals including gold, silver, platinum, and palladium.

When rolling over into a Precious Metals IRA, individuals can choose between two options: they can either establish a new self-directed precious metals IRA with a custodian that specializes in administering these types of accounts; or they can roll their existing retirement funds into an existing precious metal IRA.

The latter option involves taking your current 401k/IRA balance and moving it into an approved depository where you will then select which gold & silver bullion coins and bars to purchase.

Here are some key points about this process:

  • You must be 59 ½ years old or older in order to take advantage of this option
  • You must open the account through an approved custodian who administers precious metals IRAs
  • Your investments must meet IRS guidelines for eligible precious metals
  • You may only contribute up to $10K per year (or $20K if filing jointly)

The market price of precious metals fluctuates daily based on global economic conditions. Investors usually track the spot prices for various types of bullion when deciding which pieces to add to their portfolios.

By investing in physical gold and silver using a Precious Metals IRA Rollover, investors can often secure more wealth while protecting themselves against inflationary pressures due to currency devaluation.

Eastern Numismatics

What Is a Precious Metals IRA Custodian?

A precious metals IRA custodian is an individual or organization that holds physical gold, silver and other qualifying precious metal investments in a secure account on behalf of the owner.

A Precious Metals IRA (Individual Retirement Account) allows individuals to invest their retirement funds into physical bullion such as gold and silver coins, bars, rounds and other eligible forms of investment grade metallic assets.

To open up a Precious Metals IRA, investors must find a specific custodian for the account. The custodians are responsible for safeguarding these valuable holdings by setting standards and best practices outlined in regulations from government agencies, including the Internal Revenue Service (IRS).

These entities work with the IRS to ensure all transactions adhere to rules surrounding taxation when rolling over existing accounts into new ones.

They also provide tax records related to any gains or losses in value associated with transactions involving gold, silver and other precious metal investments held within self-directed IRAs.

With so many options available on today's precious metals market, it can be difficult to know where to start investing your money; this is why finding a knowledgeable custodian is important.

Eastern numismatics offers appraisal services which can help you determine whether or not certain types of metals meet eligibility requirements before committing them to an account—allowing clients to make sound decisions about building wealth through tangible asset investments like gold and silver coins.

Eastern Numismatics Offers Precious Metals Appraisal Services

Eastern Numismatics is a leader in the field of coin appraisal and evaluation. We offer precious metal appraisals on gold coins, silver coins, bullion coins, investment coins, and various other forms of currency.

Our knowledgeable staff has years of experience handling all kinds of rare and valuable items. We understand that each item is unique, so we take extra steps to make sure every customer gets an accurate assessment for their collection or portfolio.

Our team utilizes state-of-the-art technology to ensure accuracy when performing evaluations. We have access to industry databases which provide up-to-date market values for some of the world's most sought after collectibles. With this information at our fingertips, we can accurately assess your collection with confidence and consistency.

Eastern Numismatics provides certification services as well as detailed reports about your coin investments. Whether you're looking for an appraisal for insurance purposes or simply want to know what your items are worth in today's market, our experienced professionals will be able to assist you promptly and efficiently.

At Eastern Numismatics, we strive to exceed customers' expectations by providing superior service and expertise in the field of numismatic valuation.

From vintage coins to modern day pieces, no matter what type of coinage you are dealing with – we have the skillset necessary to help you determine its value! If you need assistance determining the value of your precious metals collection or would like more information regarding our appraisal services please do not hesitate contact us today!

Eastern Numismatics Offers Auction Services

In addition to its precious metals appraisal services, Eastern Numismatics also offers auction services. Here, customers can buy and sell coins with the help of experienced professionals who are dedicated to ensuring an enjoyable experience with every transaction.

The specialists at Eastern Numismatics aren't just experts in coin authentication and grading; they are also knowledgeable in the areas of coin certification, restoration, and conservation. This means that customers have access to a wide range of professional services for their numismatic needs, from properly identifying and classifying coins to restoring them so as to preserve their value over time.

Each customer’s individual preferences related to condition - such as which types of toning or patina should be applied during restoration – will be taken into account during the process.

At Eastern Numismatics' auctions, customers can find rare coins from all periods of history as well as modern day tokens and medals. They may even uncover some truly one-of-a-kind specimens!

Also included is a variety of paper money from around the world, allowing collectors to expand their collections beyond physical currency for a more holistic view on global economic trends throughout history.

With these diverse offerings available through its auction services, Eastern Numismatics is sure to have something for everyone looking for unique pieces!

Guide on How to Open a Precious Metals IRA Account

One of the most popular investment strategies today is to open a Precious Metals IRA account. A Precious Metals IRA allows you to invest in gold, silver, and other forms of bullion as part of your asset allocation strategy.

Many investors are now choosing to diversify their portfolios with tangible assets such as gold and silver for long-term security. In this article we will take a look at how you can open a Precious Metals IRA account and what steps you need to take in order to do so.

The first step when opening a precious metals IRA is to find an approved custodian or trustee who specializes in providing these types of accounts.

You should research several different companies before deciding on which one is right for you. It’s important that the company has experience dealing with precious metals transactions, because it requires special knowledge and expertise. Once you have chosen an approved custodian, they will help guide you through the process of setting up your IRA account.

Next, it’s time to decide what type of precious metal investments you would like to make within your portfolio. This decision should be made based on personal preference as well as market conditions at the time of purchase.

Gold and silver are both good choices for investing in IRAs since they are highly liquid and offer some protection against inflationary pressures over time. Buying physical bars or coins may also provide some tax advantages compared to buying ETFs or futures contracts.

Depending on your particular situation, there may be other options available beyond gold and silver that could fit into your overall retirement plan better than those two metals alone.

Once all decisions regarding which types of assets to include in your portfolio have been finalized, it’s time to start shopping around for dealers who specialize in selling bullion products suitable for use within an IRA account structure.

There are many reputable dealers out there offering competitive prices on quality coins and bars from recognized mints around the world – just make sure that any dealer you choose is certified by either The Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC). After selecting a dealer, simply follow their instructions for ordering the required amount of gold or silver needed for funding your account!

Opening a Precious Metals IRA does require some setup work but once complete it can add another valuable layer of financial security for years down the road.

With careful planning, research and thoughtful consideration about which specific items best suit individual needs, anyone looking for additional diversity within their retirement savings can gain great value from including physical precious metals among their holdings!

Now let's take a closer look at what makes 401k rollovers different from IRAs transfers...

What Is the Difference Between 401k Rollovers and IRA Transfers?

The two most popular retirement investment options, 401k rollovers and IRA transfers, can be confusing to understand. It's important for investors to know the differences between them in order to make an informed decision when it comes to their finances.

A 401K Rollover is a process by which an individual transfers money from one qualified retirement plan (such as a 401(k)) into another eligible account such as an Individual Retirement Account (IRA).

This process of transferring funds allows individuals to maintain tax-deferred growth on investments while still having control over how those investments are managed and allocated within the new IRA. This type of transfer eliminates any additional taxes or penalties associated with withdrawals or closing out a previous employer’s plan.

To qualify for a 401K Rollover, you must have left your job at least 59 1/2 years old and not participated in another employer’s retirement plan since leaving that job.

An IRA Transfer involves moving assets held in one traditional IRA account into another traditional IRA without liquidating the original account first. The primary difference between this type of transfer and a regular contribution is that no withdrawal from the initial account is required; instead, only a request needs to be sent directly from one custodian or trustee to another requesting the transfer of all assets contained in the original account.

As with a 401K Rollover, no taxes or fees will be incurred during an IRA Transfer due to its non-taxable status. There are numerous advantages to initiating an IRA Transfer including easier diversification of securities among multiple accounts; more efficient coin conservation; improved liquidity through greater access to cash flow if needed; increased flexibility with regards to contributions; better overall financial security through asset protection measures like secure storage vaults; and enhanced purchasing power when buying coins because discounts may apply depending on quantity purchased.

It's essential for anyone looking at investing in precious metals or other forms of currency to take time and consider both types of transfers carefully before making any decisions about investing their hard earned money.

Knowledgeable advisors who specialize in these areas can help guide potential investors towards sound decisions based on their specific goals, objectives, risk tolerance levels, and personal preferences.

Key Things to Know About IRA Account Withdrawals

Withdrawing from an IRA account often requires specific steps that must be followed in order to remain compliant with the IRS. It is important to familiarize yourself with these requirements so you can take advantage of all the benefits available when making withdrawals. 

Here are some key things to know about withdrawing from a precious metals IRA account:

  • Coin Inventory: You will need to provide information on the coins in your portfolio for any withdrawal requests, including their weights and sizes as well as purchase prices. This helps ensure accuracy and allows customer service reps to verify inventory before processing any orders.

  • File Sharing Services: Utilizing file sharing services such as Dropbox or Google Drive can help streamline communication between you and your custodian regarding coin inventory, allowing for faster verification and quicker turnaround times on transactions.

  • Portfolio Diversification & Wealth Preservation: Withdrawals allow you to diversify your portfolio while still protecting your wealth over time. By withdrawing assets periodically, you can rebalance investments without disturbing growth potential too much. Additionally, it’s important to keep track of gains/losses associated with each transaction since they may affect your tax liability down the road.

In addition to being aware of these factors when considering withdrawals, it’s also essential to have a plan in place that outlines how much you want to withdraw at different points throughout the year and which assets should be liquidated first.

Having this kind of structure ensures that withdrawals happen according to schedule and are spread out throughout the year rather than taken all at once – something that could throw off long-term financial goals if not managed properly.

Taking control of asset distribution now can pay dividends later!

Withdrawals From a Precious Metals IRA Account

When it comes to withdrawals from a Precious Metals IRA Account, there are a few things that need to be taken into consideration. Eastern Numismatics is a top provider of precious metals IRAs and they have specific requirements for withdrawing assets. 

Funds can only be withdrawn after reaching retirement age or in certain special circumstances like disability or death. When you make an early withdrawal, there will usually be tax penalties assessed by the IRS.

If you decide to withdraw money from your precious metals IRA account, it's important to keep in mind that you may not receive the full value of your investments due to market volatility and inflation hedge strategies employed by many investors who choose gold as part of their portfolio.

Storage fees also come into play when making withdrawals since these must typically be paid out before any funds are released from the account.

It's clear that withdrawing from a Precious Metals IRA Account requires careful planning and research beforehand in order to ensure full compliance with all applicable rules and regulations while avoiding unnecessary costs and taxes associated with such transactions.

With this knowledge at hand, potential investors can confidently weigh their options before deciding whether investing in gold is right for them.

Advantages of Investing in Gold

Withdrawing from a Precious Metals IRA Account is only one aspect of investing in gold. There are many benefits to such an investment that could make it worthwhile for any investor looking to diversify their portfolio and ensure financial security in the long term.

Gold has been used as currency and held its value throughout history, making it an ideal choice for those seeking stability in uncertain times. Unlike paper assets which can be affected by inflation or devaluation due to market fluctuations, gold maintains its worth over time - even during periods of extreme economic turmoil. 

Gold coins provide investors with tangible investments they can physically hold and store safely. This makes them less vulnerable than stocks or other securities that may be subject to sudden swings in price.

Coin grading services help protect against fraud by evaluating coins according to their quality, condition and authenticity before being sold on the open market. Knowing exactly what you're buying helps keep your money safe, while also ensuring your collection will increase in value over time if properly cared for and maintained.

Coin valuation services work similarly – providing assessments of various coins based on factors like rarity or mintage figures so buyers know what they should pay for certain pieces.

And coin authentication services offer peace of mind when purchasing valuable items online; verifying whether a particular item is genuine or not before committing funds towards it.

Investing in gold offers numerous advantages that no other asset class can match: safety, liquidity, portability and reliability among others. So when considering adding precious metals to your portfolio, remember these key points when weighing up the pros and cons of such an investment decision.

With this knowledge comes greater confidence when dealing with matters concerning coin investment advice, coin valuations, coin grading services and coin authentication services - all essential components of successful investing within the field of eastern numismatics!

Is Eastern Numismatics a Scam?

Eastern Numismatics has been a source of numismatic research and coin estimates for many years. But recently, there have been accusations that Eastern Numismatics is not what it claims to be.

The business owner and its employees have been accused of providing inaccurate coin values or misleading information about coins when giving appraisals.

So the question remains: is Eastern Numismatics a scam? After doing some research, we can see that most people who have dealt with this company believe they are trustworthy and reliable. In fact, they've earned the trust of many customers over the years due to their expertise in rare coins and their commitment to customer satisfaction. They also offer competitive pricing on all types of numismatic items.

Eastern Numismatics provides detailed descriptions of each item so buyers know exactly what they're getting before making a purchase.

Based on our experience and research we recommend Eastern Numismatics as a trusted source for quality numismatic research and accurate coin estimates.

Their knowledgeable staff will help you find the right pieces at reasonable prices while providing helpful advice along the way! Whether buying or selling, they'll make sure your needs are met quickly and professionally every time.


Eastern Numismatics is a reputable and reliable source when it comes to investing in precious metals. It will provide you with all the necessary information needed to make an informed decision on whether or not this type of investment is right for you.

When considering withdrawals from your IRA account, it's important to know that there are guidelines set out by the Internal Revenue Service which must be adhered to in order for these withdrawals to be valid.

There are also advantages associated with investing in gold, such as its stability and value retention over time. As long as investors do their research and understand what they are getting into before making any investments through Eastern Numismatics, there is no reason why they shouldn't feel confident about taking advantage of this opportunity. 

One can rest assured knowing that Eastern Numismatics is a trustworthy company providing quality services for those interested in investing in precious metals.

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