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Mystic, Connecticut - Coin Dealers Supplies search results Premier Listings

Important Terms about Coin Dealers Supplies

Coin collecting can be a fun hobby and if you happen to own some rare old currency, it can be a profitable one as well. If you’re just getting started in the world of coin collecting, or if you’re looking to buy supplies for an acquaintance already involved in it, there are some useful terms and concepts in the field you should know before you shop.

  • Loupe – A tiny magnifying glass used to determine the grade and value of a coin. It can also be used by other types of professionals, such as jewelers and photographers.
  • Scale – A device used to calculate the precise weight of a coin. Note that a "scale" can also refer to a point system used to appraise the value of rare coins.
  • Album – Books specially designed to hold and display valued collections, such as antique or commemorative coins; they are often made to show both the front and rear of each coin.
  • Starter Kit – A basic set of coins and supplies that dealers sell to novice collectors.
  • Coin Holder – Seen in a variety of plastic and cardboard designs, they are intended to protect coins from wear and damage.
  • Coin Cleaner – A chemical solution used on dirty or tarnished coins, potentially increasing their sale value. Because of the variety of coins circulating in the world—gold, silver, copper, and brass—dealers often have a large supply of different cleaners.
  • Mint – A coin of the highest possible grade is said to be in mint condition. A “mint” is also the name for a facility that manufactures coins.
    American Numismatic Association Money Museum
    Colorado Springs, CO 80903
    Make sure you get the highest quality coins, dealers, and numismatic supplies. Our association is the most revered network of coin collectors, dealers, and related services in the country.
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    Coin & Collectibles Emporium
    2 Allen St, Moosup, CT 06354
    The next time you clean out your attic, come and see us! We buy and sell US and world coins and collectibles, as well as buy gold and silver for scrap. If you need cash for your antiques or memorabilia, call us!
    (860) 564-2112
    Heritage Coin Co
    289 Cowesett Ave Ste 7, West Warwick, RI 02893
    (1) Review Write a review
    (401) 826-9999
    User Review: "This guy will enjoy berating your coins and telling you how he would prefer higher graded coins and yours are in holders..."
    Guilford Coin Exchange LLC
    69 Whitfield St, Guilford, CT 06437
    (2) Reviews Write a review
    (203) 453-9363
    User Review: "I have heard nothing but great things and now I have a place to take my business. Will stop by for a first encounter very..."
    Gold Star Pawn and Check Cashing
    591 Route 12, Groton, CT 06340
    (860) 445-2274
    Westerly Enterprises
    8 Canal St, Westerly, RI 02891
    (401) 596-2298
    Joydon's Coin Shop
    567 Vauxhall Street Ext Ste 101, Waterford, CT 06385
    (860) 443-5887
    Norwich Coin & Jewelry Exchange
    35 Franklin St, Norwich, CT 06360
    (860) 886-2730
    Main St Rare Coins & Antiques
    1 E Main St, Jewett City, CT 06351
    (860) 376-5900
    Marc One Coin Co
    359 Main St, Wakefield, RI 02879
    (401) 792-1111
    Hey-Day Antiques & Appraisal Svcs
    327 E Main St, Clinton, CT 06413
    (860) 669-3350
    Lost Treasures
    75 Main St, East Greenwich, RI 02818
    (401) 885-4500
    Michael Gerard Jewelry & Coin
    1245 Main St, West Warwick, RI 02893
    (401) 822-4150
    Coins N Stuff
    42 Spring St, Newport, RI 02840
    (401) 841-9797
    Post Road Guns
    2158 Plainfield Pike Ste 4, Cranston, RI 02921
    (401) 464-8228
    Antiques Marketplace
    109 Main St, Putnam, CT 06260
    (860) 928-0442

    Collecting coins is an old hobby. Coin collecting is a fun and enlightening kind of hobby to start, and best of all, anyone can do it. Coin dealers are collectors who search out valuable coins to deal to buyers. As a business, dealers will shop for currency lots—a bundled purchase consisting of several pieces—to build up a supply. Collectors who sell rare or old money are havens for these salesmen, who look for special pieces to bring to trade shows. While some dealers are salesmen, others are merely collectors looking for high-graded pieces. Either way, a good deal of money can be made with coins. Dealers may buy any type of coin while others are particular. Some only want old pieces while others will want to buy commemorative coins. Others may only buy supplies of gold and silver to boost their precious metals portfolio. In any of these circumstances, coin dealers will target the best albums which appraise for the highest value. Books of rare finds from all over the world make for valuable supplies. Currency in mint-condition or sold in kits go for higher values. The older and rarer the coin, the more attractive it is to a savvy dealer. To become a dealer yourself, you must first be holder of a vast currency collection. Most dealers start off with supplies of hundreds of coins, which is sweetened if you already have some very rare items. Visit an antique shop for an appraisal to find out their market value in advance. Conventions specializing in collecting are popular, so be sure to search online for any local shows which may be held in your area. Coin collecting may never fall out of fashion, and not only is it fun to do, but unlike trading cards or other trends, supplies will increase in value with age.
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