Riverhead Gold & Silver

Collector notes

Visiting a coin shop

A few notes before you walk into Riverhead Gold & Silver in Riverhead, NY. 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

   Bring the holders, papers, and boxes they came in

   Original packaging, certificates, and grading-company holders matter. Do not dump everything into a bag to “make it easier.” The dealer would rather see it the way it has been kept. Leave coins in PCGS, NGC, or ANACS holders.

2. 02

   Tell them if a coin is damaged, cleaned, or already graded

   Hiding a problem wastes time and trust. “This one was cleaned” or “this already came back from PCGS” is useful. Dealers would rather adjust than feel tricked. Honesty on the small things makes the rest of the visit easier.

3. 03

   Do not assume every shop takes a credit card

   Many do. Some do not. Some take cards on retail and prefer another method when they are buying from you. None of that is a trick. Ask, “Do you take cards?” before you empty your wallet. If they say no, that is an answer, not a negotiation.

4. 04

   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.

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.