Wayne Flannigan Rare Coins

Collector notes

Visiting a coin shop

A few notes before you walk into Wayne Flannigan Rare Coins in Jackson, MS. 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

   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.

2. 02

   Follow the house rules without a debate

   Bags on the floor, backpacks zipped, one person at the glass — shops set these for a reason. Argue about it and the visit is already off. If a rule is unclear, ask. If it is clear, do it.

3. 03

   Not every coin shop is a pawn shop

   Some do jewelry and scrap. Some do not. Ask if you have gold jewelry, a watch, or diamonds. Do not assume, and do not be put out if coins are what they do. The right shop for coins may send you next door for the rest.

4. 04

   Do not make a deal with another customer at the counter

   If you overhear what someone is selling, that is not an invitation. Do not offer to buy their coins, do not quote a price over their shoulder, and do not ask the shop to “introduce you.” The counter is the shop’s workplace. Side deals in the aisle put the dealer in an ugly spot and make other customers uncomfortable.

5. 05

   Large cash deals may require identification

   That is federal law on certain cash amounts, not the shop being nosy. Bring a government ID if you plan to move a lot of cash either direction. A dealer who asks for ID on a large deal is doing the job the right way.