Scott Mitchell Numismatic Associates LLC

Collector notes

Visiting a coin shop

A few notes before you walk into Scott Mitchell Numismatic Associates LLC in Garden City, 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

   You do not have to announce what you paid

   “I have three thousand in this” is not a grade or a melt value. It puts the dealer on defense and does not change what the coin is. Tell them what it is, where it came from if that matters, and what you want to do. Let the piece speak, then talk numbers.

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

   Keep paper money flat and in sleeves if you have them

   Do not fold old notes to “fit the envelope.” Do not rubber-band a stack of large-size bills. Do not tape tears. Bring them as they are. Currency people would rather see an honest wrinkle than a new crease you added in the car.

4. 04

   Bullion and collector coins are different conversations

   Melt moves with the market. A key date does not. Say what you think you have, then let them look. Mixing “it’s old so it must be rare” with a junk-silver bag slows everyone down. Sort in your mind: weight versus date.

5. 05

   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.