Rare valuables and tangible assets are a hedge against turbulent times

Rare valuables and tangible assets are a hedge against turbulent times
Bill Hatchett
Bill Hatchett

The price of gold has skyrocketed to a record high causing both buyers and sellers of the precious metal to take advantage of the good deals that Bill Hatchett at A-Coin can offer.

Hatchett, a leading expert in coins, paper currency, and watches both in Northeast Florida and throughout the United States, is looking to trade cold hard cash for gold, silver, coins, watches, diamonds, jewelry, rare currency – Civil War notes, modern and national bank notes – as well as antique and modern firearms.

With the price of gold and silver soaring, a long line of customers looking to trade heirlooms and other precious items is often waiting for Hatchett to open the doors of his shop at 6217 St. Augustine Road each morning. “Gold is at an all-time record high. It’s the highest it’s ever been in the world since the beginning of time,” he said. “People are selling to take advantage of the high prices. We are actually buying more items than we are selling, but that’s fine. Because of the extremely high prices, people are taking advantage of it and reaping a windfall,” he said.

In these unsettled times, people of all ages are both looking to invest in something tangible such as gold, or unload items that may be collecting dust around the house, items that have been in the family for years that they may not know the value of.

“I think people now want to have a tangible investment, something they can hold in their hand. The stock market goes up and down, but of late has been stagnant. I think there is more of an upside to precious metals.”

— Bill Hatchett

“Rare currency and coins have been a good value now. Certified coins are popular. I think people now want to have a tangible investment, something they can hold in their hand. The stock market goes up and down, but of late has been stagnant. I think there is more of an upside to precious metals,” Hatchett said. “Rolex watches are hot as a firecracker and a good investment right now. We can’t keep them in stock.”

Also, worth checking out is rare currency, called national currency that was printed from 1865 to 1935 and perhaps issued on Jacksonville banks that are now out of business or were absorbed by other banks. Some of those notes are extremely rare and now worth between $50,000 and $100,000 apiece. “I think there are a lot of hidden gems in this city that are owned by people who have no idea what the value could be,” he said. There are lots of items out there that people would be shocked to know they own, they could hold on to, or they could sell for a hefty return.

Hatchett once purchased a rare note of currency from the vice president of the former Barnett Bank, a man whose father was president of the bank. He is also aware of a rare $10 bill that surfaced recently that was distributed by the First National Bank of Jasper, a small North Florida town near the Georgia border, which is an hour or so away from Jacksonville. It was worth $50,000. “There’s good stuff out there, and people don’t know what they have,” he said.

So, if you have gold or a silver tea service, silver flatware, old jewelry, coins, diamonds, or a spare Rolex watch hanging around your attic, vault box, or in your dresser drawers, bring them over to A-Coin & Stamp Gallery, Inc. “I think there are unearthed treasurers out there. Remember, gold is at its all-time high, ever,” Hatchett said.

A-Coin
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