Gold and Coin Traders LLC

Collector notes

Visiting a coin shop

A few notes before you walk into Gold and Coin Traders LLC in Florence, KY. 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

   What happens at the counter is private

   Do not repeat another customer’s name, address, or what they sold. Do not film the register. Shops are small towns. Discretion is part of being a decent visitor. It is also how you get treated like one.

2. 02

   Know roughly what you brought

   You do not need to be an expert. A simple list — silver dollars, a few proofs, a bag of wheat cents — helps. “I have no idea, you tell me” on a mixed box is fine once. It is harder when the box is huge and you cannot say what you want out of the visit.

3. 03

   Decide how you want to be paid before the offer

   If you are selling, know whether you need cash today, a check, or time to think. Changing the method after they have made a number can change the number. A clear “I would like a check if we agree” at the start saves a second conversation.

4. 04

   Lunch and after-work can stack the counter

   Local shops get a rush when people are off the clock. If you have a box, those windows are the wrong time to expect a leisurely offer. Call and ask when they can sit with it. Most dealers would rather schedule you than rush you.

5. 05

   Online asking prices are not what a shop pays

   A listing, a completed auction before fees, and a dealer buy price are three different numbers. Screenshots of asks are not a bid. Bring the coins. Let them look. Then talk. You will get further than arguing from a tab on your phone.