coin store

Selling gold/silver jewelry OR coins – mailers, coin store, or goldsmith/jeweler?

With all the hype about selling gold via the mailers you hear about online, TV ads, etc. is it really a good deal. Wouldn’t it be better to go to a local coin store or a goldsmith/jeweler? If you take your coins to the goldsmith, then you are getting only the value of the metal, not the overall characteristics of the coin. Yet, if you go the coin store, you may not get what it’s worth…any advice would be nice.

Regardless of the way you decide to go, if you go uneducated about what you have, you’re going to come out the loser. The mailer business is for those who know nothing and don’t care, just want the money in their hot little hands as soon as possible. They deserve to get taken, and they will.

You’re right about a goldsmith, because they want the gold or silver to make into jewelry, and because they can’t use it for jewelry in coin form, or from old jewelry, they have to have it refined into a form they can use. Any offer they make to the seller will include a deduction to cover this cost.

If you go to a coin dealer, you WILL get what the coins are worth…to the dealer. Dealers are in business to make money, not buy coins from you and turn around and sell them to a collector for what they paid you. Dealers will try to buy as cheaply as possible. Wouldn’t you? Therefore, it’s up to you to know exactly what you have. Most silver coins and many gold coins have no numismatic (collector) value above the value of the precious metal. The ones that do are evaluated by grade, so you need to know something about that, too. You need to research what you have by looking at eBay sales, reading coin magazines and looking at the ads with ‘buy’ and ’sell’ prices. If you can find it, get hold of a current ‘graysheet’ – that’s the wholesale prices that dealers are willing to pay to other dealers. Any offers you get are going to be below wholesale.

If you want closer to retail, the best bet is to learn what you have and what the wholesale and retail values are, and then sell individual better pieces on eBay. If you have a lot of ‘common’ silver coins, eBay may get you a little more than the 10 to 11 times face value that coin dealers are paying.

Fast Weigh MS-500-BLK Digital Pocket Scale, 500 by 0.1 G $3.99 Introducing the M-500 from Fast Weigh Scales! This hip little scale is one of the hottest and most economical scales on the market today! The removable cover keeps the scale protected when not in use and also doubles as an expansion tray. Just replace the plastic cover when your done using it, and you can safely toss the scale in your handbag or pocket with no worries. Features: * A stylish yet ec…

American Weigh 600 Gram Jewelry Scale $5.99 The American Weigh 600 is a compact pocket scale for those who are seeking on go portability and durability. The backlit LCD display helps make the numbers viewable and easy to read. The intuitive protective cover provides protection for the scale. Smooth stainless steel platform. Push buttons on the scale give you full control such as: switching modes grams, ounces, troy ounces, pennyweights and …

Purse Size Deluxe Coupon Organizer Wallet ToCart #59 $12.99 Finally! The “Deluxe” Purse Size Coupon Organizer that is AMERICAN MADE! It is made of durable, colorful, material 4 1/2″ X 8″. It not only attaches to the cart, as in the picture, but will attach to any side of the cart, and to the handle also. Most purse size coupon organizers come with paper-thin divider cards, but the “Deluxe” Purse Size Coupon Organizer has 24 durable cards with tabs, made fr…

Pieces of You $2.50 CD…

Dresden Dolls (Dig) $7.71 Combine the smoky cellars of a Weimar-era cabaret with the rock n’ roll fury of Joan Jett, PJ Harvey and The Violent Femmes and you have a remote idea of what to expect when experiencing The Dresden Dolls….

Godsend $0.91 While it preys on the emotions of grieving parents, Godsend serves up a few minor shocks in an otherwise frightless supernatural thriller. Greg Kinnear and Rebecca Romijn-Stamos are the once-happy couple whose 8-year-old son (Cameron Bright) has been struck and killed by a car. When a fertility and genetics expert (Robert De Niro) offers them an opportunity to resurrect their boy through a secret,…

Walt Disney’s Masterpiece Fantasia 50th Anniversary Deluxe Commemorative Edition Box Set $19.99 …

Happy Birthday Bugs: 50 Looney Years [VHS] $5.95 …

Streamlight Nano Light Miniature Keychain LED Flashlight Truly tiny, the Nanolight is a weatherproof, personal flashlight featuring a 100,000 hour life LED. Includes a non-rotating snap hook for easy one handed operation when attached to a keychain….

500 CLEAR Reclosable Zipper Bag. 2” x 2” – 2 mil thick $1.49 500 New Resealable Plastic Bags . These high quality reclosable plastic bags allow you to have the bags you use most on hand. The reclosable seals open all the way to the edges of the bags giving you full use of the interior. Each has a 2 mil thickness and measures approximately 2″ x 2″…

Energizer LED Book Light $6.20 Advanced LED Technology 2 x brighter than previous Nichia LEDs. 30 Hours (runtime between battery changes). 1 Light. 2 Lithium CR2032 Batteries. Replaceable batteries included. Lifetime Guarantee. Made in: Light – China, Batteries – Japan….

Belly Dance For Beginners $6.98 Belly dance is fun, exciting, sensual and suitable for all body types and fitness levels. With this centuries old art form you’ ll improve muscle tone, increase flexibility and range of motion while achieving better posture and a new sense of confidence and self-expression. Taught by world-renowned Egyptian belly dancer, Leila of Egypt, Belly Dance for Beginnersis divided into three sections:…

Looney Tunes: Golden Collection, Vol. 2 $14.46 A collection of well known Looney tunes cartoons featuring the animation of Tex Avery, Chuck Jones, Friz Freleng, and Robert McKimson.No Track Information AvailableMedia Type: DVDArtist: LOONEY TUNESTitle: VOL. 2-GOLDEN COLLECTIONStreet Release Date: 11/02/2004…

Revenge $6.44 This often grisly, arguably racist movie stars Kevin Costner as a U.S. Navy pilot who is the improbable friend of a powerful, vaguely criminal Mexican millionaire (Anthony Quinn). While visiting the latter on his estate, Costner’s character has an affair with his host’s gorgeous young wife (Madeline Stowe), for which he is almost beaten to death and the wife mutilated and turned into a junkie pros…

10 pack MAXELL AG13 LR44 357 button cell battery $0.01 MAXELL AG13 LR44 357 A76 button cell battery. Factory sealed in blister pack. 10 batteries per card….

Fort Lauderdale Coin Dealers & Supplies Fort Lauderdale Rare