American Bullion

Collector notes

Visiting a coin shop

A few notes before you walk into American Bullion in Los Angeles, CA. 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

   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.

2. 02

   Ask before you photograph coins or people

   A picture of a piece in the case is often fine. A picture of another customer, an open buy, or the register is not. Ask first. Many shops are happy to let you shoot a coin you are considering. They are not a film set.

3. 03

   A written inventory helps on an estate

   Even a notebook list is better than a surprise pile. Heirs who write down what they think they have get a cleaner visit. If you are the executor, bring that fact and any papers. The shop can work faster when they are not inventing the catalog with you.

4. 04

   Ask how this shop likes to pay and get paid

   Cash, debit, credit, check, and wire are not universal. Some counters are cash-friendly on bullion. Some run cards every day. Some write a check on a larger buy. Ask before you assume. Have a backup so a good deal does not stall over the last step.

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.