International Diamond Center Magazine 2020

With the outbreak of Covid-19, the price of both gold and silver have been steadily climbing all year long. “Demand for physical gold and silver bullion are back at levels we haven’t seen in years,” says Stamey, a professional who has followed the market for almost 20 years. “We’ve had a coin division for years, we just spent most of our time and resources focusing on our retail jewelry division. We learned a lot in the last economic downturn back in 2008 and as soon as the coronavirus hit, Keith Leclerc, IDC’s owner, told my brother-in-law, Chad Masters, who oversees the Coin division, to start adding to our bullion positions and told me to

get the word out that we have bullion in-stock.” Since that time, back in early March, IDC Coin hasn’t looked back, leveraging the supplier network they’ve built over the years to keep stocked up with various types of bullion. “The message is really a simple one,” says Stamey. “We’ve got the product, live, at a competitive price, even when others dealers don’t, and you can buy it locally instead of online and take it home today.” IDC Coin also offers a wide range of numismatics and collectible coins, in addition to buying jewelry, diamonds, estate collections, watches and coins from the public.

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