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Questions to Ask When Dabbling in Coin Dealing

Coin dealers have a knack for determining the value, price, and worth of rare and antique coins. They can get you currency exchange values on various pieces. They can help you as to what to buy and how you should sell your old scrap metal. However, they can only provide this expertise if they are a reputable dealer. Ask the following questions when you look to spend your money in this world of dealing.

  • Is this a certified dealer?
    A certified dealer will tell you what you need to hear in the way of prices and what your pieces are worth. They have a distinct knowledge of bullion and commemorative coins. They can also get you the best bid for copper, nickel, gold, silver, and platinum pieces. In short, certified dealers value the art of coinage and are not in the exchange business simply to make a sale and earn another dollar.

  • What type of coinage do you deal in?
    Once you know the pieces you are interested in, you can narrow your search to the right dealer for you. You may be interested in collecting only silver or gold pieces. You may want to center your collection on the eagle coin and complete an album featuring these pieces only. The right dealer will hunt them down for you.

  • Can the dealer tell me how the condition of the coin impacts value?
    Condition of individual coins do not change the paper money value on them. As long as it can be appraised by the proper eye, no matter how old the coin or medal, it will still hold dollar value.

  • How should I start coin dealing?
    Individuals who participate in the coin dealing trade typically start buying as a hobby. Start with a small and specific collection. Experienced and trustworthy dealers will guide you through rookie questions.
  • Orange County Rare Coin
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    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. ..."
    Cash for Gold Orange County
    2 reviews: *****
    15182 Goldenwest St, Westminster, CA 92683
    (714) 901-8000 Write review for this local business

    "If you have gold or silver or coins or jewelry to sell and want a convenient local cash for gold store, see them in Huntington Beach. ..."
    Southern Calif Coin & Stamps Write review for this local business
    7635 Firestone Blvd, Downey, CA 90241
    (562) 927-4014  
    Certified coin dealers and appraisers who buy and sell gold, silver, foreign coins, paper money, and ancient coins. Trades also offered. Get rid of your unwanted gold for cash!
    Gold Mine The Write review for this local business
    14370 Culver Dr Ste E, Irvine, CA 92604
    (949) 857-1033  
    Jewelry Box Gold Buyers Write review for this local business
    24310 Moulton Pkwy Ste M, Laguna Woods, CA 92637
    (949) 587-3000  
    London Coin Galleries of Mission Viejo Write review for this local business
    27000 Crown Valley Pkwy, San Juan Capistrano, CA 92691
    (949) 364-0990  
    Precious Metals Refinery Write review for this local business
    4570 Campus Dr, Newport Beach, CA 92660
    (714) 756-1000  
    Coins Jewelry and Collect Write review for this local business
    22646 Galilea, Mission Viejo, CA 92692
    (949) 215-7185  
    London Coin Galleries Write review for this local business
    132 Mission Viejo Mall, Mission Viejo, CA 92675
    (949) 582-3481  
    Dana Point Gold & Coin Write review for this local business
    24422 Del Prado, Dana Point, CA 92629
    (949) 545-6777  
    Dan Goldman Jewelers Write review for this local business
    11759 Carson St, Lakewood, CA 90715
    (562) 860-5777  
    American Buying Service Write review for this local business
    4961 Santa Anita Ave, Temple City, CA 91780
    (626) 279-6100  
    vipfifa15c - Cheap FIFA Coins Write review for this local business
    40399 Clybourne Cir, Murrieta, CA 92562
    (650) 475-4130  
    A Coin Exchange Write review for this local business
    Los Angeles, CA 90001
    (310) 274-2555  
    Shy Creation Inc
    1 review: *****
    640 S Hill St, Los Angeles, CA 90014
    (213) 623-8900 Write review for this local business

    "this coin shop will be one of the best if not the best. ..."
    Palos Verdes Coin Write review for this local business
    24215 Hawthorne Blvd, Torrance, CA 90505
    (310) 791-4444  
    Kim Tho Gold Write review for this local business
    650 S Hill Street STE. 211, Los Angeles, CA 90014
    (888) 560-5509  
    Ugk Gold Buyers Write review for this local business
    1540 N Highland Ave, Los Angeles, CA 90028
    (323) 463-7555  
    We buy all precious metals at the best prices, including gold and silver and we sell top quality jewelry. We also perform repairs for jewelry, ring sizing and molds. Get in touch today.
    Regal Assets LLC Write review for this local business
    6324 Quebec Dr, Los Angeles, CA 90068
    (323) 962-1133  
    Oceanside Coin Shop Write review for this local business
    125-9 Old Grove Road, Oceanside, CA 92057
    (760) 967-0845  
    We are expert coin dealer that buys and sells coins and currency in gold and silver. We are a full service dealer that offers coins, rare coins for collections, and currency supplies.
    Los Angeles Gold & Silver
    2 reviews: *****
    427 N Camden Dr Ste F, Beverly Hills, CA 90210
    (310) 246-4653 Write review for this local business
    With over 40 years experience buying, selling and appraising rare coins, we can assist you in understanding the value of your items and offering you the best price.

    "Excellent service. I was thrilled that they spent time to look over my coin collection. I received more than I had expected. I would definitely recommend them to friends. ..."
    California Numismatic Investments Write review for this local business
    525 W Manchester Blvd, North Hollywood, CA 91601
    (800) 225-7531  
    Santa Monica Coin Write review for this local business
    725 Arizona Ave Ste 108, Santa Monica, CA 90401
    (310) 393-6616  

    Coin dealers buy and sell gold, silver, and other collectibles. Many specialize in rare copper pennies, nickels, and dimes. Others purchase larger values like quarters, half dollars, and dollars. There are also collectible commemorative species, eagle bullion, and scrapped misprints. Foreign currency is also popular throughout the world.

    Selling, exchanging, and purchasing requires some knowledge of the hobby. Experts look at the condition, mint, and current demand. Many values depend on the current market. If platinum, gold bullion, and silver prices are high, the items are worth more. Buyers pay more for specific mints. Complete sets usually sell fast. If you've saved every coin from a specific year, you're certain to get more interest from bidders. It's possible to purchase a collection and have it double in value within a year.

    Collecting these items frequently starts as a hobby and progresses into a business. These business owners search flea markets, exchanges, and online auctions looking for deals. Trade shows are also popular. They use their antique guide to price the items. They also appraise the value and condition for consumers. Before putting money up for auction, have it appraised by a professional.

    If you have old paper or metal money for sale or want to purchase them, a certified dealer is the best place to start. Local merchants offer the best appraisals because they can see the condition close up. They'll use a magnifying glass to look for stains, scratches, and imperfections. You'll know within minutes how much your metal and paper money is worth.

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