Gold and Silver Exchange

Collector notes

Visiting a coin shop

A few notes before you walk into Gold and Silver Exchange in NE Albuquerque, NM. These rotate daily. They are general collector etiquette from CDXList — not this shop’s house rules. When something is unclear, ask the person at the counter.

1. 01

   If you are getting another offer, say so up front

   On a large lot it is fair to hear more than one shop. Tell them. A good dealer would rather know than spend an hour and find out you were only using them for a number. Do not treat a courtesy look as free inventory research for the next counter the same afternoon.

2. 02

   Bring coins in a way they can actually look at them

   Trays, albums, and labeled bags beat a torn grocery sack. Do not pour coins onto glass. Hand them a box they can work through. Dirt, food, and loose batteries in the same tin make a poor first impression and a slower look.

3. 03

   A hold is a promise. Mean it.

   If they hold a coin for you, ask how long and how you pay. Come back or call. Do not park the same piece at two shops. Dealers remember the customer who used a hold as a free option. They also remember the one who did what they said.

4. 04

   Keep paper money flat and in sleeves if you have them

   Do not fold old notes to “fit the envelope.” Do not rubber-band a stack of large-size bills. Do not tape tears. Bring them as they are. Currency people would rather see an honest wrinkle than a new crease you added in the car.

5. 05

   Bullion and collector coins are different conversations

   Melt moves with the market. A key date does not. Say what you think you have, then let them look. Mixing “it’s old so it must be rare” with a junk-silver bag slows everyone down. Sort in your mind: weight versus date.