Where To Buy Old Coins
We are your trusted coin buyers, sellers, and appraisers conveniently located throughout the Chicagoland area. We are certified dealers of all US coins, foreign coins, type coins, ancient coins, rare coins, gold coins, and silver coins. Our busy procurement department actively pursues new coins & currency to add to our extensive inventory. Our coin shops offer US & foreign coin buyers and collectors a wide variety of unique coins for collection and investment. Whether you are looking to expand your coin collection or seek a qualified coin dealer to sell your coin collection, we are the premier coin buyers, coin sellers, and coin appraisers in your area.
where to buy old coins
Coins have a rich history, which makes collecting a rewarding hobby. People collect coins for different reasons. PGS Gold & Coin is here to help ALL types of coin enthusiasts. From casual coin enthusiasts who may collect coins from their travels to serious coin collectors & numismatists who spend great deals of time and money to amass their prized collection. Coin collecting is different from numismatics.
Each coin ever minted has a unique history. Numismatics allows us to highlight the historical value of the coins we collect. The value of numismatics goes far beyond collecting coins and investing in bullion. Numismatics is directly responsible for preserving a piece of our history.
As Certified Coin Dealers, Appraisers, and Precious Metal Specialists, PGS Gold & Coin buys, sells, and appraises coin collections, stamp collections, gold & diamond jewelry, along with a wide variety of items. PGS Gold & Coin provides free evaluations, estate & insurance appraisals, safe deposit box appraisals, and coin grading submission services. PGS Gold & Coin can assist you in buying, selling, and investing in gold bullion, silver bullion, platinum bullion, palladium bullion, and rhodium bullion, as well as guide you through investing in Precious Metal IRA. PGS Gold & Coin GIA Certified Diamond Buyers appraise diamond engagement rings, diamond jewelry, loose diamonds, and gemstones. PGS Gold & Coin pays top dollar for diamond rings, diamond jewelry, sterling silver, and scrap dental gold. PGS Gold & Coin retail stores feature rare coins, antique silver coins, US gold coins, foreign gold coins, silver dollars, type coins, ancient coins, medals, tokens, old US currency, foreign currency, Confederate currency & Civil War currency. Our online store features all of the above plus fine watches, antique pocket watches, autographed sports memorabilia, historical documents, militaria, US & foreign war memorabilia, comic books, vintage toys, model trains, musical instruments, rare stamps, estate jewelry, luxury fur coats, designer handbags, purses, fine wine collections, antiques, and collectibles. We also buy smartphones, cell phones, iPads, laptops, video game consoles, and other new in-the-box electronics.
Particularly old coins, as well as rare coins with mint errors, are some of the most common types of coins to look for in an unsearched bunch of coins. There is also an intrinsic value to finding silver coins. Some coins, especially among older series, might contain coins with high purity silver. These can be worth quite a bit of money!
Bullion and coin retailers all over the internet advertise bags of coins from banks they claim to be completely unsearched. The types of coins in these packages will vary. Lincoln cents, buffalo nickels, penny rolls, wheat pennies, and 90% silver coins are just some of the varieties available in these coin bags. United States coin collectors often have their own preferences on which coins to target, and determining these preferences is the first step in searching for sealed bags or rolls of coins.
Unlike smaller retailers and online sellers, who could increase personal profits substantially by just removing valuable coins and leaving the rest for the buyer, U.S. banks deal in so much circulated coinage that it would be unprofitable to spend time searching through their stock.
Bigger banks are almost always going to be better for this purpose. Smaller banks might be able to get the job done. But collectors looking for unique or rarer varieties of coins might have trouble finding what they need from local banks. Some of the largest banks in America are in direct contact with the Federal Reserve, which makes it easier for them to special-order rolls of coins for repeat coin-collecting customers.
Silver dollars are rarely found in rolls, where as junk silver quarters, buffalo nickels, 90% silver dimes, and junk silver Kennedy half dollars are some other major coin models sold in this way. Most Eisenhower silver dollars are clad copper nickel, and have no precious metal value, but there is a 40% silver Ike silver dollar so be sure to look at the edge of the coin to see if it is two toned. As a general rule, nearly any kind of coin can be valuable. American quarters are frequently sold in unopened bags, rolls, and boxes.
The big thing to remember when buying unsearched bags and coin rolls from sellers other than US banks is that the trustworthiness of the seller is everything. Truthfully, there is no guaranteed way to make sure that the seller has not opened the roll/bag, picked out the most expensive or rare coins, and then closed it before selling it to a collector. Learning to seal coins just like the federal banking system does is not very difficult, and any seasoned seller will know how to do it. This makes it even harder to know whether or not a selection of coins has been searched.
For new collectors, nothing is more exciting than the rush of finding a valuable and rare coin among a selection of common ones. But when collectors are holding onto a large number of coins, time is of the essence. Developing the good sense to quickly identify which coins are rare takes some getting used to. But with a little bit of studying, collectors can learn to pick the right coins out of a roll with ease.
The small letter written next to the date is the mint mark, which represents the city where the coin was struck. Some mints only produced very few of a given coin in a given year, making that year and mintmark combination rarer than others.
As a general rule, all coins are subject to these basic tests of rarity. Rare coins will almost invariably either be struck with a metal seldom used in the series or minted at a year and location which is rare. We suggest that collectors interested in coin hunting look into one of the many key date lists available for the kinds of coins they want to search for. Over time, casting aside the common dates and keeping only key or semi-key dates will become second nature.
New collectors are right to have quite a few questions about finding, buying, and sifting through unsearched bags of coins from banks. Read on to learn the answers to many of the most commonly asked questions on the topic.
A: Some collectors claim that every bag or roll of coins has been searched at some point. While it is true that many bags of coins from banks advertised as unopened have actually been sifted through by the seller, finding an honest and reputable seller makes this unlikely to be the case.
A: Rolls of coins are sometimes worth the money. The best way to minimize risk buying coin rolls is to purchase them directly from the US banking system. Coins bought in this way cost only their face value.
A: There are a few ways that retailers get ahold of unopened bags. Some unopened bags are found buried; people buried coins frequently during the Great Depression. Others are found in old vaults, attics, and storage units.
One of the biggest obstacles for new collectors is figuring out what to keep, and what to throw away. Getting around this barrier takes a lot of research and some hands-on work. Using tips like holding coins in roll form to identify which are made from unique precious metals are helpful. But at some point, collectors need to be able to spread the coins out and start to identify the rarer dates and mint symbols on the faces of their pieces.
With such a wide variety of valuable coins sold in bags from so many different retailers, it is important for collectors to take the time to orient themselves to the value indicators used for United States coins.
The U.S. Mint launched the American Eagle Coin Program in 1986 with gold and silver bullion coins for investors. The program has since expanded to include platinum and palladium coins. The Mint also makes proof and uncirculated versions of the American Eagle coins for collecting.
American Eagle Palladium Coins were first released in 2017 as bullion and 2018 as proof. Like the silver coins, the palladium coins re-create historic designs by Adolph Weinman. The obverse features Liberty wearing a cap with wings used on the 1916 Mercury Dime. The reverse shows an eagle grasping a branch first used on the 1907 American Institute of Architects Gold Medal.
American Eagle Bullion Coins provide investors with a convenient and cost effective way to add a small amount of physical gold, silver, platinum, or palladium to their investment portfolios. The gold bullion coins are available in four sizes: one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce. The silver, platinum, and palladium bullion coins are available in the one ounce size.
The Mint produces American Eagle Coins for collectors with proof and uncirculated finishes. The gold and silver coins are released in both proof and uncirculated finishes each year. The platinum coins are currently made only as proof, while the palladium coins switch finishes each year.
This is the best coin shop in town. The staff was very knowledgeable and friendly. I came in withlittle to no knowledge and they treated me with kindness and respect. I asked about silver coinsto start a collection for my daughter. They let me rifle through a box of silver dollars and Igot to pick out my favorite ones. I highly recommend Old Pueblo Coin.
They always have great prices and the coins are shipped out very fast!!!! They are my LCS acrossthe county!!!!! I know if something were to be wrong with my order they would go above andbeyond to fix it. Nothing has been wrong and never an issue, so 100%, 5 stars for OPC!!! Youdown with OPC Yeah you know me! 041b061a72