“But the Internet Said It’s Worth $5,000.”
How Redmond Rare Coins Actually Buys Your Coins
Every week someone walks into Redmond Rare Coins & Precious Metals with:
- A shoebox
- A Crown Royal bag
- An old appraisal
- And a number in their head that could fund a small vacation
We love the optimism.
We just deal in math.
Step 1: What Is It, Really?
A 1921 Morgan is common.
An 1893-S Morgan is not (we literally just sold one Saturday the 21st).
Most collections? Heavy on the common stuff.
We check:
• Date & mintmark
• Authenticity
• Condition
• Cleaning (yes, we can tell)
• Real market demand
Because “old” isn’t a price guide.
Step 2: Condition Is Savage
If it’s cleaned, scratched, worn, or “polished to look nice” — that matters.
Collectors pay for originality.
The difference between Mint State and “almost” can be thousands.
Toothpaste is not a grading service.
Step 3: Melt vs. Premium
Two lanes:
🔥 Bullion (metal value today)
📚 Numismatic (collector premium)
If it’s common silver or gold, we price it off live market.
Not 1980. Not TV. Not vibes. Today.
If it has real collector demand, we pay strong.
If it doesn’t… it trades like metal.
That $79.95 TV coin might be $28 in silver.
That’s not attitude. That’s math.
Step 4: We’re a Business
When we buy, we assume:
• Market risk
• Price swings
• Authentication liability
• Overhead
• Insurance
• Security
• And whether it’s Taco Tuesday 🌮
We can’t pay full retail and hope. We’ve been here since 1995 because we don’t run on hope.
Step 5: eBay Is Retail
If something sells for $500 online, that’s retail. After fees, shipping, time, and risk — it’s less. A shop cannot pay retail for something that retails at retail. That’s how math works.
How We Pay
When you accept our offer, we pay:
• Cash (if we have enough fiat on hand)
• Check
• Zelle
• ACH
• Wire (buyer covers wire fee)
You walk in with coins. You leave with funds. No strangers. No fees. No waiting.
The Nuclear Truth
Your coins might be worth more than you think. They might be worth melt. They might be worth less than you paid. At Redmond Rare Coins & Precious Metals we give real numbers. Not hype. Not hope. Not late-night pricing.
Just the market.