Many Americans, including New Yorkers, take collection of coins of different types very seriously, and often coins moulded from rare and precious pmj coins like gold and platinum are acquired and kept as financial assets, to be exchanged for money when the situation demands. Coin dealers can be credited for keeping alive the numismatics tradition by selling and buying coins, to and from coin collectors. For many coin and paper currency collectors, the motivation is to acquire rare coins, or coins of great value, such as the Morgan Dollar or Peace and Seated Dollars. Long Island coin dealers efficiently meet this need by offering Peace, Seated, Trade and Morgan Dollars for saleat varying costs.
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