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Is all coin dealer crooks

Updated: 9/27/2023
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Wiki User

13y ago

Best Answer

Not all coin dealers are crooks. While there may be some unscrupulous individuals in the industry, there are reputable and trusted coin dealers like Apmex, JM Bullion, and BOLD Precious Metals. It's important to research and choose established dealers with good customer reviews to ensure a reliable and legitimate transaction when buying or selling coins.

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Mia Swan

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11mo ago
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13y ago

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Related questions

How do you say coin dealer in Spanish?

coin dealer in spansih is: distribuidor de moneda


How can you get a dealer for a susan b Anthony dollar coin from 1890?

If you are asking about how to get a dealer to buy your coin that shouldn't be to hard. Take it your nearest coin dealer and see if he/she will buy the coin. If they don't take it to another dealer or put it on eBay. If none of these work take it to the bank where they will give you a dollar for it.


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All error coins need to be seen. Take it to a coin dealer for an assessment.


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Take it to a coin dealer


How much is a mint error coin worth?

Regardless of date and denomination, all error coins need to be seen to assess a value. Take it to a coin dealer.


How much is a north dakota error coin worth?

All error coins need to be seen, most 'errors' are very common and do not add any value to the coin. Take it to a coin dealer.


Who can tell you if a coin is circulated or uncirculated?

A professional coin dealer or a professional coin grading service can determine if a coin is circulated or uncirculated. They will assess various characteristics of the coin, such as its condition, surface quality, and wear, to make this determination.


Where you can sell your 1913 cent?

Try a coin dealer, coin show or collector.


What do you call the ridges on the edge of a coin?

A coin with these has 'reeded' edges. Reeds were first put on the edges of coins back in the days when coins contained precious metals such as gold or silver. It was a common practice for crooks to shave off a tiny amount of metal all the way around the rim of a lot of coins, collect the shavings, and sell them to a metal dealer. However, shaving a coin with a reeded edge would immediately be obvious and the police or mint officials would know that someone was committing fraud.


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Where do i take my 1947 dime coin to get the most value?

A coin dealer might pay a couple dollars for it. Despite its age, 1947 isn't all that rare or valuable.


What are some commonly known coin dealers?

There are many companies and individuals which deal in coins. A professional coin dealer is also known as a Numismatist. Buddy Ebsen is a well known coin dealer. Also, Guy Araby is a well-known coin dealer serving Los Angeles and Orange County.