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Questions to Ask about Coin Dealer Supplies

Coin collecting is a hobby that attracts many people all over the world. Some have dreams of selling that album full of rare old currency that they found in the attic, while others find considerable value and happiness in collecting antique or commemorative coins, storing them in lovingly kept books. In any case, there are some considerations you should keep in mind before you buy supplies from a coin dealer.

  • Are you a member of the Professional Numismatists Guild?
    It isn't necessary for coin dealers and suppliers to belong to the PNG, but its members usually adhere to the highest standards of professionalism in the field. Among other requirements, members must have at least five years of experience and agree to follow the Collector Bill of Rights. The Guild lists its members on its website.

  • How should I clean my coins?
    You should avoid cleaning coins, especially rare ones, without expert guidance. Improper cleaning of coins can damage them and reduce their sale value. If you want to have your antique gold or silver coins appraised by a dealer, you should resist the temptation to clean them first.

  • How should I start a coin collection?
    Many dealers supply inexpensive starter kits to beginners. If the dealer wants you to spend a lot of money right away, you should probably shop around for a new one.

  • What coin grading service do you recommend?
    There are many companies that professionally grade coins; the two most respected are the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC).

  • How should I handle my coins?
    Coins in mint condition will not stay that way for long if handled incorrectly. Any dealer knowledgeable about coin supplies should be able to tell you the correct holders and albums in which you can store your collection.
  • Orange County Rare Coin
    949-204-1652
    Write review for this local business
    American Numismatic Association Money Museum
    If you are involved in numismatics and are looking for a coin dealer or related supplies, find them through our association. Offering the highest quality services through our members.
    MAP
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    STANDARD LISTINGS:   COIN-DEALERS-SUPPLIES IN/NEAR IRVINE
    Anaheim Hills Jewelry & Coin
    1 review: *****
    5562 E Santa Ana Canyon Rd, Anaheim, CA 92807
    (714) 685-9222 Write review for this local business

    "I brought in an item to sell, and they gave me an excellent rate. ..."
    Coast Jewelry & Loan
    1 review: *****
    1836 Newport Blvd Ste A, Costa Mesa, CA 92627
    (949) 650-7581 Write review for this local business
    Seller and buyer of old, rare and commemorative coins. Specializing in state, ancient, antique, gold and silver currency. Dealing in albums and books for collectors. Come shop with us.

    "Had several items, Rolex Daytona, Submariner and a 6 carat F-Vs1 Diamond. They paid top price with no haggle. Excellent all the way, Thanks! I have more, and I will be back with the rest! ..."
    Tangible Investment LLC
    1 review: *****
    218 Forest Ave, Laguna Beach, CA 92651
    (949) 715-5333 Write review for this local business

    "I have been dealing with Tangible since last Spring. My first experience was when I sold them some 90% silver. They had the best prices (I called around first) and they did not play games like the dealer I was using before I found these guys. Then I started buying from them when gold started to take off. Their buy and sell prices are still the best I can find. Even nationally they seem to be compe ..."
    Irvine Gold Mine Write review for this local business
    14370 Culver Dr Ste E, Irvine, CA 92604
    (949) 857-5250  
    Rare Coin Wholesalers Write review for this local business
    8105 Irvine Center Dr Ste 440, Irvine, CA 92618
    (949) 679-1222  
    Gold Mine The Write review for this local business
    14370 Culver Dr Ste E, Irvine, CA 92604
    (949) 857-1033  
    Tustin Coins Jewelry & Loan Write review for this local business
    13011 Newport Ave, Tustin, CA 92780
    (714) 544-6001  
    Marc One Write review for this local business
    15032 Red Hill Ave Ste B, Tustin, CA 92780
    (714) 258-0954  
    Coin Gallery Inc Write review for this local business
    346 S Tustin St, Orange, CA 92866
    (714) 639-6202  
    Coin & Jewelry Exchange Write review for this local business
    225 S Tustin St, Orange, CA 92866
    (714) 288-7500  
    Jewelry & Coins Goldmine Write review for this local business
    1315 N Tustin St Ste H, Orange, CA 92867
    (714) 744-2625  
    Pacific Coast Art and Frame Write review for this local business
    727 N Tustin St, Orange, CA 92867
    (714) 744-6011  
    Big K Oil Write review for this local business
    2070 Business Center Dr, Irvine, CA 92612
    (949) 863-9412  
    Morgan Gold LLC Write review for this local business
    19900 Macarthur Blvd Ste 150, Irvine, CA 92612
    (949) 825-6620  
    Anaheim Hills Gold Mine Write review for this local business
    5562 E Santa Ana Canyon Rd, Anaheim, CA 92807
    (714) 685-9222  
    Brewart Stamps & Coins Write review for this local business
    1725 W Chapman Ave Ste A, Orange, CA 92868
    (714) 533-0400  
    Corona Coin Write review for this local business
    1066 W 6th St, Corona, CA 92882
    (951) 737-6877  
    Jewelry Box Gold Buyers Write review for this local business
    24310 Moulton Pkwy Ste M, Laguna Woods, CA 92637
    (949) 587-3000  
    Monex Deposit Co Write review for this local business
    4910 Birch St Ste 102, Newport Beach, CA 92660
    (949) 752-1400  
    Downies Write review for this local business
    1600 Dove St, Newport Beach, CA 92660
    (949) 838-0250  
    London Coin Galleries Write review for this local business
    4533 Macarthur Blvd Ste B, Newport Beach, CA 92660
    (949) 251-1227  
    Monaco Financial Write review for this local business
    4900 Birch St, Newport Beach, CA 92660
    (949) 752-1933  
    Main Street Coins & Collectibles Write review for this local business
    4905 Main St, Yorba Linda, CA 92886
    (714) 695-9880  

    Coin collecting is a pastime for many, but can a love for it become a business? It comes easily for holders of large collection books: become a coin dealer! These dealers travel to and from trade shows while fishing the internet and antique shops for finds. Building up supplies to sell at markup is the end result of happy hunting in the world of currency dealing.

    It’s not easy to turn coin dealing into a real job, but with business sense it’s possible. One must first be knowledgeable in old, rare monies to achieve profit, as these are the most valuable. A potential dealer must also be holder of a large supply of currency that they are unafraid to disperse. Finally, a dealer must have negotiation skills when shopping for supplies, getting the best value for supplies. Being able to appraise one’s antique coins is also handy, but is not totally necessary.

    As a coin dealer, one can elect to specialize in a certain currency depending on their knowledge and value. Silver and gold coins are very high-value items that sell quickly due to their metal composition. Rare currency in mint condition fetch high prices; if the dealer is savvy enough to put an album of them together, a sale can be made faster with a kit.

    Dealers do not need any formal training to pursue sales-- all it takes is a love of commemorative, or rare, coin collecting and strong salesman instincts. Having good judgment in buying is important when distinguishing coin grades and price points.

    Love money? Probably, but not quite so much as the coin dealers who love and sell their supplies for more than their original worth.



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