Select Gold & Silver By Elie

Collector notes

Visiting a coin shop

A few notes before you walk into Select Gold & Silver By Elie in Patchogue, NY. 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

   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.

2. 02

   Do not ask them to come out to the car

   Bring the coins inside. A dealer should not leave the store to look at a trunk. It is a safety issue for them and for you. If the lot is heavy, make two trips or ask if they have a cart. The work happens at the counter.

3. 03

   Bullion and collector coins are different conversations

   Melt moves with the market. A key date does not. Say what you think you have, then let them look. Mixing “it’s old so it must be rare” with a junk-silver bag slows everyone down. Sort in your mind: weight versus date.

4. 04

   Saturday morning is often the busy window

   That is when collections walk in and regulars stop by. Fine if you like energy. Less fine if you want a long, quiet look at an estate. Midweek late morning is often easier. If you need time, ask when they are slower.

5. 05

   Do not make a deal with another customer at the counter

   If you overhear what someone is selling, that is not an invitation. Do not offer to buy their coins, do not quote a price over their shoulder, and do not ask the shop to “introduce you.” The counter is the shop’s workplace. Side deals in the aisle put the dealer in an ugly spot and make other customers uncomfortable.