How To Offer Your Coin Collection At A Coin Shop

Why are you interested in starting a coin collection? People start collecting coins for various reasons. Some do it hoping for a profit. The rise in gold and silver prices over the last few years have inspired many people to start buying gold and silver bullion and that translated into a passion for collecting coins.

When Norm lay dying, the hospice nurse told him that Jesus was holding out his hand to him. He was able to let go and be with Jesus. That is what inspired my painting. I painted Jesus with Norm as a little boy. It is not that great of a work of art, but the sentiment was what mattered.

Some good places to get started looking for coins worth collecting could be as close as your local store. The next time you get any change take a quick look at it before you put the change away. The local flea market may have some coin dealers you can buy a few coins from. Getting to know the guy behind the counter at your local coin dealer Welcome can be helpful. Often the coins you will want to get started with are ones that do not hold as much value as some of the more collectible pieces. Your local coin dealer can help you out with lots of good advice.

When I helped my three youngest children (ages 3, 5 and 7) start their coin collections this past year, we began by purchasing inexpensive coin folders ($2.99 each) to collect Lincoln Memorial Cents and Jefferson Nickels from the 1940’s to the present.

The government or U.S. treasury department sells gold from time to time. They offer new commemorative gold coins at a fraction of its valuable. The price they ask for may be a bit high, but in the upcoming years ago, the money spent to purchase these coins, will be a drop in the bucket. Silver is also a precious metal that is gaining recognition as being just as valuable any other precious metal.

Generic coins, or rounds, are generally produced by private mints who create coins with interesting designs, but have no rarity or special value associated with them. They are commonly printed with the words “.999 Fine Silver” and “One Troy Ounce” to make the contents of the coin clear. The value of a round is based on the content of the precious metal, not for the condition or rarity of the coin.

My husband chose the quick pay option, so included in the package was our form with our bank account information so that they could direct deposit our ‘cash’ into our account. According to their website and all their correspondence, they deposit your money within 24 hours of receipt of the “kit”.

Coin collecting is a wonderful, inexpensive family activity that you and your child can enjoy together for years. The math learned along the way is just a wonderful side benefit.

coin shop Welcome

Questions? Contact Apex Gold Silver Coin at 605 Walnut St SW, Winston-Salem — (336) 505-9503.

Note: Apex Gold Silver Coin does not buy pennies or nickels (including wheat cents, Indian Head and large cents, Buffalo nickels and war nickels) unless they are a rare date and already graded. Here’s why.