Algonquin Wilke Currency Exchange

Collector notes

Visiting a coin shop

A few notes before you walk into Algonquin Wilke Currency Exchange in Arlington Heights, IL. 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

   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.

2. 02

   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.

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

   If you feel rushed, you can pause

   You are allowed to say you need a minute. You are allowed to pack up and think. You are not required to decide while someone is waiting behind you — step aside and let them go. A good shop would rather you be sure than sorry.

5. 05

   A buy offer is not an appraisal

   An offer is what this shop will pay today. An appraisal is a written opinion, often for insurance or an estate, and it is a different service. If you need a document, say that first. Do not treat a verbal number as a formal appraisal.