Coin Op Services

Collector notes

Visiting a coin shop

A few notes before you walk into Coin Op Services in Elk Grove Village, 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

   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.

2. 02

   Know roughly what you brought

   You do not need to be an expert. A simple list — silver dollars, a few proofs, a bag of wheat cents — helps. “I have no idea, you tell me” on a mixed box is fine once. It is harder when the box is huge and you cannot say what you want out of the visit.

3. 03

   Ask if they buy the whole lot or select pieces

   Some shops write one number for the box. Some pull the coins they can use. Neither is wrong. Ask which they do before they start. If you need everything gone today, say that. If you only want to sell the silver, say that too.

4. 04

   Call ahead with a large collection or an estate

   A suitcase is not a walk-in impulse. Tell them roughly what you have and when you can come. They may want a second set of hands or a block of time. That is how you get a fair look instead of a glance between other customers.

5. 05

   Do not crack a graded holder in the shop

   PCGS, NGC, ANACS, and CAC holders are part of the product. Opening one at the counter to “see it better” can wreck the value. If you want it out, that is a decision you make at home, not a demonstration.