Midwest Gold Silver Coin Shop

Collector notes

Visiting a coin shop

A few notes before you walk into Midwest Gold Silver Coin Shop in Sioux Falls, SD. 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

   Not every coin shop is a pawn shop

   Some do jewelry and scrap. Some do not. Ask if you have gold jewelry, a watch, or diamonds. Do not assume, and do not be put out if coins are what they do. The right shop for coins may send you next door for the rest.

3. 03

   Be present when it is your turn

   Take the call outside. Pull the earbuds. The dealer is about to look at your coins or pull something you asked for. A face-to-face minute is worth more than a half-distracted twenty. If you need to text a spouse about a number, say so and step aside.

4. 04

   If you set a time, be on it

   Some shops work by appointment on bigger lots. Be on time. Call if you are late or cannot come. The slot they held is time they did not give someone else. Reliability gets you invited back.

5. 05

   Cash is still common. That is normal.

   Coin and bullion shops have worked in cash for a long time. It is not shady by itself. Count together at the counter. Do not count a stack in the parking lot with the door open. If you are uncomfortable carrying cash, say so and ask what else they can do.