Frequently Asked Questions About Coin Appraisals, Jewelry, and Precious Metals in Parma, OH

No, do not clean your coins. Cleaning coins can significantly reduce their value. Even gentle cleaning can cause scratches or alter the natural patina, which is essential to collectors and buyers. It's best to leave your coins in their original condition and let our experts evaluate them as they are.

What are some things to consider when thinking about liquidating your aluables? To liquidate something means to take a non-spendable form of value, and convert it into a spendable and / or more stable form.

Why stable? Because owning coins, like any other valuable, is a speculation. For example bank stocks are worth less than they were a year ago; houses are worth more.

To determine the best course of action consider these questions:

• Do I still enjoy owning these items?
• Am I an active collector?
• Do they give me a feeling of financial security, or a pride of ownership?
• Do I have a place to safely store my valuables?
• Do I need to un-clutter my house?
• Do I need to simplify and unclutter my mind?
• Do I prefer the money in my hand?
• Would I rather own something else instead of these coins?
• Do I need the money?
• Is there something good and/or important that I can do with the money?

You may if you wish, but it is not necessary. We will do that when we are together. I have seen people spend much time organizing what did not need organizing. For example all silver Roosevelt dimes are worth silver value only. Most wheat pennies (with a few exceptional dates that we will check for when we are together) are worth bulk market value.

Whenever I go through a collection there will be two general categories: those coins that are worth more than their face value due to metal value or collectors' value, and those that are worth face value only. In the latter category are things like bi-centennial quarters, Kennedy Halves after 1970, Susan B. Anthony Dollars and Sacagewa Dollars pulled from circulation. Many people save them because they are not often seen in circulation, but they are face value only and I will suggest you spend them. The same is true of most Ike dollars pulled from circulation, though you do occasionally find one that is 40% silver.

* One area where sorting is helpful is with Proof Sets and Mint Sets.

Please put them in date order if you have the time.

If you enjoy sorting through coins look for the following:

Wheat Pennies: 1909, 1909S, 1909VDB, 1909SVDB, 1911S, 1912S, 1913S, 1914S, 1914D, 1915S, 1922, 1922D, 1931S

Mercury Dimes: 1916D, 1921, 1921D, 1921S

Walking Liberty Havlves: 1916, 1916D, 1916S, 1921, 1921D, 1921S, 1938D

Silver Dollars: Morgan Dollars with CC mint mark (the mint mark will be found at 6:00 on the reverse) 1921 Peace Dollar and 1928 Peace Dollar.

Several factors influence a coin's value, including the following:

• Rarity: Rare coins are more valuable, especially those with limited mintage or unique features.
• Condition: The coin's grade, or physical condition, is crucial. Coins in mint or uncirculated condition are generally worth more.
• Historical Significance: Coins with historical importance or those from specific eras can have higher value.
• Metal Content: Coins made of precious metals like gold, silver, or platinum often have intrinsic value based on the current market price.
• Market Demand: The popularity of certain coins among collectors can also influence their value.

Yes, we do! We buy various precious metals, including scrap gold, silver, platinum, and even bullion. Whether you have broken jewelry, old silverware, or other scrap metals, we offer competitive rates and pay up to 70% of the actual value. Please bring your items in for a free appraisal to see their worth.

We accept a wide range of jewelry, including the following:

• Gold, Silver, and Platinum Jewelry
• Sterling Silverware and Flatware
• Broken or Outdated Jewelry Pieces
• Bullion and Other Precious Metal Items

If you're unsure whether we'll accept your item, please call or bring it in for an evaluation.

Senior Coin Service, LLC will pay you on the spot. You can get paid in cash or by check if the amount is excessive. Our bank is across the street from our office so that you can cash the check immediately if you so desire.