Preacherbill's Coins

Collector notes

Visiting a coin shop

A few notes before you walk into Preacherbill's Coins in Midland, TX. 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

   Keep paper money flat and in sleeves if you have them

   Do not fold old notes to “fit the envelope.” Do not rubber-band a stack of large-size bills. Do not tape tears. Bring them as they are. Currency people would rather see an honest wrinkle than a new crease you added in the car.

2. 02

   If you are getting another offer, say so up front

   On a large lot it is fair to hear more than one shop. Tell them. A good dealer would rather know than spend an hour and find out you were only using them for a number. Do not treat a courtesy look as free inventory research for the next counter the same afternoon.

3. 03

   Decide if you are selling all of it or part of it

   “I need this gone” and “I only want to sell the silver” lead to different offers. Decide before you sit down. Changing the goal halfway through wastes their time and yours. It is fine to keep a piece that is sentimental. Say which one.

4. 04

   A hold is a promise. Mean it.

   If they hold a coin for you, ask how long and how you pay. Come back or call. Do not park the same piece at two shops. Dealers remember the customer who used a hold as a free option. They also remember the one who did what they said.

5. 05

   One conversation at a time

   The dealer cannot price a collection, answer a bullion quote, and pull a date from the case at once. If they are mid-deal, wait. If you only need a quick “are you open Saturday,” say that when they glance up — then step back. Courtesy is remembered the next time you walk in.