In the store this week…
One of the best things about being in the
premier coin store in the United States is that we can never predict what
unusual treasures will walk through the door on any given day. Sometimes
it is the collector who is ready to sell and wants to explore some options.
Often, however, it is someone who inherited some coins and really has no idea
what they are or what they are worth. In those instances I am thankful
they came to us, as I constantly hear horror stories of valuable coins being
sold for melt when clients went to dealers who do not treat clients
fairly. We don’t expect you to know what a collection is worth, but we promise
to pay you fairly for what you present.
Last week a client came in with a few pounds of
base metal foreign coins of minimal value. However, also in this bag was
a gorgeous, original 1935 three-piece set of Texas commemorative half dollars
in an original holder, worth several hundred dollars. It was strange to
find a set like this mixed in with foreign coins that were accumulated from
travels. But, this happens more than you would think. Needless to say, the
client had no idea and thought the entire bag was pretty worthless. He was
thrilled when we gave him the check for his coins, and now we have the pleasure
of offering this quality set to our clients.
Later in the week, a collector came in with a
beautiful, certified 1801 $10 gold eagle. He had owned the coin for many
years, had never considered selling it before and really had no idea of its worth
today. The 1801 $10 gold eagle does not trade often in the Mint State
grade of his coin; the last sale was 10 years ago. We gave him our best
estimate, which we based upon coins of higher and lower grades that had been
auctioned more recently. He is still thinking about whether he is ready
to part with this prize, but at least he now has a good understanding of its
I can’t wait to see what comes in next week!