Jim Coad Rare Coins

Collector notes

Visiting a coin shop

A few notes before you walk into Jim Coad Rare Coins in 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

   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.

2. 02

   Stay with your coins

   Do not leave a box on the counter and wander the cases. Do not ask the dealer to watch your bag while you go to the car. Your lot stays in front of you until the deal is done or you pack up. That is how both sides stay comfortable.

3. 03

   Cash is still common. That is normal.

   Coin and bullion shops have worked in cash for a long time. It is not shady by itself. Count together at the counter. Do not count a stack in the parking lot with the door open. If you are uncomfortable carrying cash, say so and ask what else they can do.

4. 04

   A written inventory helps on an estate

   Even a notebook list is better than a surprise pile. Heirs who write down what they think they have get a cleaner visit. If you are the executor, bring that fact and any papers. The shop can work faster when they are not inventing the catalog with you.

5. 05

   Say thank you even if you do not deal

   Looking is part of the hobby. Buying or selling is not required. If they spent time with you, say thanks and mean it. A short good visit is how regulars are made. A review later, if you had a fair experience, helps the shop more than a vague promise to “come back sometime.”