If you live in Evanston Illinois, Oakton Coins & Collectibles is the coin dealer near you.
Common gold, silver, and coin questions:
- Do you buy all forms of gold, including old broken jewelry? Yes, Oakton Coins & Collectibles buys all forms of gold, including old and broken jewelry. The condition of the gold doesn’t matter to them.
- Should you clean dirty coins before selling them? No, you should never try to clean a coin, regardless of how dirty or worn it may appear. Cleaning coins can potentially damage them and reduce their value.
- Are old coins rare? Not all old coins are rare. While some old coins may be rare and valuable, most coins are common. Rarity is determined by the number of surviving specimens relative to their original mintage. Coin dealers often have a large inventory of older coins, including Buffalo nickels, which are considered common coins.
- Are all old coins worth a lot of money? No, the age alone does not guarantee that a coin will be worth a significant amount of money. While age is a factor in determining a coin’s value, other factors such as condition, rarity, demand, and historical significance play crucial roles. Some extremely old coins may have higher value if they are in mint or near-mint condition, even if the date itself is common for that type of coin.
It’s always recommended to consult with a reputable coin dealer or numismatist to get a professional evaluation of your specific coins and their potential value.