Mike's Coin Chest

Collector notes

Visiting a coin shop

A few notes before you walk into Mike's Coin Chest in Torrance, CA. 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

   Saturday morning is often the busy window

   That is when collections walk in and regulars stop by. Fine if you like energy. Less fine if you want a long, quiet look at an estate. Midweek late morning is often easier. If you need time, ask when they are slower.

2. 02

   They may weigh, look up, or photograph

   That is how a careful shop works. It is not stalling. Stay with your coins. If they need a minute in the back, that is their process. Ask if you are unsure what is happening. Curiosity is fine. Suspicion as a default is not.

3. 03

   Wait your turn at the counter

   A coin shop is not a buffet line. The person already at the glass is in a private conversation. Stand back, keep your box closed, and wait to be invited forward. Jumping in with “real quick” questions while someone is selling a collection is the fastest way to start a visit on the wrong foot.

4. 04

   Do not ask them to come out to the car

   Bring the coins inside. A dealer should not leave the store to look at a trunk. It is a safety issue for them and for you. If the lot is heavy, make two trips or ask if they have a cart. The work happens at the counter.

5. 05

   Ask how this shop likes to pay and get paid

   Cash, debit, credit, check, and wire are not universal. Some counters are cash-friendly on bullion. Some run cards every day. Some write a check on a larger buy. Ask before you assume. Have a backup so a good deal does not stall over the last step.