Are you a coin collector looking for the next valuable gold or silver coin treasure? Maybe you have old silver coin sets from your grandpa, grandma, or your great uncle Larry who was a military vet obsessed with US history? Well, either way, you are in luck, as the Azusa Pawn Shop buys and sells rare coins and coin sets.
It can be hard to tell which coins are valuable, but through this question and answer blog, you can take the first step into understanding if your coin is valuable or better left the sidewalk corner. By all means, if you don’t know what you have or what to do with it, you are welcome to bring your coin down to the Azusa Pawn Shop, serving Azusa, Baldwin Park, West Covina, and Glendora where one of our competent and honest staff members will take you through your options.
Getting into the coin game?
Whether you’re just starting out, or have experience in selling and buying coins, these are frequently asked questions that will help you in having the most successful experience at the Azusa Pawnshop and beyond.
What kind of coins do we accept?
All kinds! Silver, gold, and copper coins from both America and around the world could all be accepted at Pawn Shop. The only way to really know is to come down and talk to an employee about what you have. We are always looking for new inventory both generally as well as the ever-illusive U.S. Liberty Gold Coin.
What do we have currently in store?
Currently, we have coins like:
- The United States 1961 Franklin Half Dollar, 900 Silver
- The United States 1943 Walking Liberty Half Dollar, 900 Silver
- United States Kennedy Half Dollar, 1964, 900 Silver
- United States Model Walking Liberty Silver Coin, 2015, SIlver
Plus Foreign Coins like:
- The 1834 5 Francis King Louis Phillippei Fine Silver Coin
We also have coin sets for sale like:
- The 1891 5 ore Coins with extras, which consist of three Peru coins in circulated condition and two Chinese coins.
How to know if your coin is valuable?
Research, research, research!
If you feel lost on where to begin, start by purchasing a ‘coin value book’ and consult it for information on your coins year, make, and location of origin. It also couldn’t hurt to consult a history book, to figure out what was happening monetarily at the time of your coins circulation.
If reading about coins isn’t your thing, which, let’s face it, is absolutely understandable, Google has some incredible capabilities in finding out what your coin is worth. Take a picture of your coin and “image search” to find like items and learn the price point. If nothing comes up that’s comparable, you either have a very valuable item or a fake, but it’s all in the fun of coin collecting. Word to the wise: be wary of the prices listed on sites like eBay or estate sales, as it may be lower than the coin or coin sets actual worth.
How much can I expect to make on my valuable coin?
Like all pawnshops, Azusa Pawn is a business, which means it has to turn a profit. Someone selling a coin or coin set should expect to receive about 40-45% of the current market value. But don’t let that stop you from trying to negotiate, we are always open to talking, and it’s part of the fun of coming to any pawnshop. However, generally, 40-45% is the best a shop can do while still maintaining the profitability of its business.
Is it what’s on the outside that counts?
Yes and no, of course, the freer your coin is from flaw, the more money it will be worth. To check, use a magnifying glass and look for die cracks and missing elements. It’s important to pay special attention to the words and images. But even if your coin is not in tip-top shape, fear not, as the Azusa Pawnshop accepts a variety of coins in a variety of conditions.
Do we offer pawn loans on coins and coin sets?
Yes! Are you in need of some fast cash and have a valuable coin or coin set? Azusa Pawn can help accommodate your needs by lending you money for your coins or anything of value and keeping the item until you have the funds to come back and buy it back. So if you find yourself in a pinch and need a few extra dollars (or quite a few extra dollars for that matter) and have some rare or collectible coins sitting around collecting dust, it may be worth your time to do some research and find out just how valuable they are.
Why come to Azusa Pawnshop?
At other shops, you have to worry about all kinds of things: is what your buying really authentic? Are you getting a fair price for the coin or coin sets you are selling? Can I trust the people working here? How do I know this wasn’t stolen? The list goes on and on. At our pawn shop here in Azusa you never have to worry about the legitimacy of our coins, as we make sure that our coins and coin sets are verified and will supply you with all the paperwork we have on any given coin. We at Azusa Pawn pride ourselves on having employees who are trustworthy and want to help our customers get the best price for their items, whether it be coins, coin collection gold coins, silver coins, coin rolls, or coin sets. We also work together with the city and law enforcement to be sure that we do not sell or buy any stolen items, so that you can feel safe shopping with us.
Any unanswered questions?
Always feel free to ask any and all questions regarding your coin or coin set to purchase or sell, as we want to make you feel like you are our favorite customer. Now let’s get to selling and buying some coins!