International Diamond Center Magazine 2020

sound investments

b y C A R O L B E S L E R

IDC’S STANDARD

A HAVEN OF STABILITY IN A CHANGING WORLD

I nternational Diamond Center is more than just a source of some of the world’s finest diamonds and jewelry. Before becoming an expert in the diamond trade, IDC founder Keith Leclerc was an experienced wholesale gold and silver bullion distributor for Johnson Matthey, as well as a wholesaler of gold chains. This expertise in the metals market became a foundation for future growth, and today IDC Coin has steadily grown to become one of the Southeast’s largest coin and bullion dealers. Coins containing gold first appeared around 800 B.C., and the first pure gold coins were struck during the reign of King Croesus of Lydia about 300 years later. Beyond coins, gold has a rich history that dates all the way back to the earliest civilizations. Historically speaking, early cultures used gold for a variety of purposes, from currency to royal crowns and symbolic statues, even using them to decorate the interiors of Egyptian tombs. Today, owning gold can act as a hedge against inflation or deflation alike, in addition to serving as a good portfolio diversification. “With the amount of money being printed and pumped into our economy, we’ve seen both the price and demand for gold and silver skyrocket,” says Brian Stamey, vice-president of IDC. “ Most people already knew IDC as a jewelry company, but word is spreading fast that IDC is so much more than just a jewelry store.” “People in our markets are looking for someone local, that they can not only trust, but also someone who has competitive bullion pricing, and plenty of in-stock inventory to choose from. That’s the IDC difference, and a prime reason IDC Coin has become a market leader. You don’t need to shop online. It’s local, and it’s available.”

Coins containing gold first

appeared around 800 B.C.

52 ] I D C M A G A Z I N E

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