The Gold Market: Strategies for Investing and Reselling with Trey Benedict

#206: Discover to secrets of gold investing, reselling, profiting and more with Trey Benedict. Learn the history of the gold market, how gold is valued, where to find opportunities for investing and reselling gold, the differences between the bullion and collector market, tips to avoid scams and so much more. Trey Benedict is the CEO and Co-Founder of Pure Technologies, a platform bring transparency, liquidity, and technology to the gold industry. He has extensive experience from Heritage Auctions, Tangible Investments, and Kevin Lipton Rare Coins. Link to Full Show Notes: https://chrishutchins.com/gold-investing-selling-buying-trey-benedict Partner Deals Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth Cultural Care: Get $250 off flexible childcare with international au pairs Daffy: Free $25 to give to the charity of your choice Copilot: Free 2 months access to my favorite personal finance app with code HACKS2 MasterClass: Learn from the world's best with 15% off For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals Resources Mentioned Trey Benedict: LinkedIn Pure (Up to $150 off when buying/selling here) Coins American Eagle American Buffalo PAMP Lady Fortuna 230th Anniversary Flowing Hair Coin Grading Companies: PCGS vs NGC Costco Gold Bars: Price Guide and What to Know PCGS CoinFacts Heritage Auctions Stack's Bowers American Numismatic Association Professional Numismatists Guild ATH Episode #200: Debunking Tax Myths, Avoiding Audits and Maximizing Savings with Jasmine DiLucci Are Credit Card Rewards Taxable? Full Show Notes (00:00) Introduction (02:14) Understanding the Gold Market (04:50) The Many Different Reasons People Buy Gold (07:11) Trey's Journey with Gold and Coin Restoration (11:02) How Gold Is Valued and Priced (13:45) Spot Price and Gold Trading (16:13) Types of Coin Traders (18:49) How Can People Invest and Make Money in Gold? (22:49) How Often the U.S. Mint Releases Limited Coins (25:22) Pure: A Marketplace for Gold (35:38) Leveraging Discounted Gift Cards to Buy Gold (37:12) Ways to Mitigate Concerns Around Buying and Selling Gold (43:41) Vetting Coin Shops (45:59) Can You Trade Your Gold Jewelry? (47:13) Online Resources for Gold Info (48:24) Things to Avoid in the Gold Market Connect with Chris Newsletter | Membership | Twitter | Instagram | LinkedIn Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices