Want to buy a rare or expensive coin you’ve had your eyes on for months or years but can’t afford to buy it right now?
No problem! Many coin dealers offer a layaway plan to get that long-desired coin in your hands.
Not every coin dealer offers a layaway plan. Those that do may have their own unique policy, but it’s common to see a plan where you pay 1/3 down and 1/3 each month until the coin’s paid off about 3 months after your first payment.
Note that many coin dealers extend this plan only for collectible coins and certain investment coins. Bullion coins are often either excluded or limited on a layaway plan.
Be sure to shop around for coin dealers offering a layaway plan. And don’t forget to ask about such a policy, too. Sometimes coin dealers will offer layaway to you if you ask or are making a big purchase.
