Melrose Park Gold & Silver

Collector notes

Visiting a coin shop

A few notes before you walk into Melrose Park Gold & Silver in Melrose Park, 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

   Do not clean the coins

   Polish, dip, baking soda, and a toothbrush lower the value of most collectible coins. Leave dirt and toning alone. If you already cleaned something, say so. A dealer would rather hear the truth than discover it under a lamp.

2. 02

   Keep quiet about another customer’s coins

   Do not grade, joke about, or value coins that are not yours. “That’s only a VF” from behind someone who is selling grandpa’s album is not helpful. Look at the cases. Let the dealer run their counter. You will get your turn.

3. 03

   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.

4. 04

   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.

5. 05

   Decide how you want to be paid before the offer

   If you are selling, know whether you need cash today, a check, or time to think. Changing the method after they have made a number can change the number. A clear “I would like a check if we agree” at the start saves a second conversation.