Join us on:

Office Hours:
Tuesday - Friday
10:00AM - 6:00PM EST
Saturday
10:00AM - 4:00PM EST Closed Sunday and Monday

Phone:
(313)592-8119
In Michigan
or
(800)541-3462
Outside Michigan

Fax:
(313) 592-1487

Mailing Address:
Redford Jewelry & Coin
25950 West Six Mile Rd.
Redford, MI 48240
Click here for a map.

E-mail Address:
info@redfordjewelryandcoin.com

Sell Us Your Coins!!

We are always prepared to buy any coins. Whether they are rare, valuable pieces or a bag of junk, we will buy any and all coins, and pay a reasonable and fair price for them. Naturally, there are times when we need particular coins, and are happy to pay higher prices, but we will always buy any coin at a fair price according to supply, demand and other market conditions.

What Prices?
Because we will buy any coin, and there are millions of different coins which have been issued, it is not possible for us to publish or maintain a list of prices we pay for all coins. To give an idea of the difficulty maintaining priced buying lists, consider that the Krause World Coins catalogue covering the 20th century contains about 2,000 pages, and covers about 200,000 coin price grade combinations. There are four volumes covering one century each, plus a separate catalogue for gold coins. That makes over 10,000 pages, over 1 million coin listings. This might sound impressive, but the Krause catalogues are quite condensed, and for most countries there are specialized catalogues covering their particular subject in much greater detail. Then we would need to cover the 17 centuries of coins from earlier than Krause covers.

Price Unseen?
Every single day we get telephone calls from people wanting to know the value of their coins. We usually need to see coins before we can identify them and price them. There are some coins which we can price over the telephone, in which case we will give a price. For almost all other coins, we really do need to see them. Some callers simply can't seem to understand this and insist on trying to spend 30 minutes trying to describe their coin(s).

Are There Any Coins We Will Not Buy?
No, but there are some coins which have such a low value that it would not be worth our while buying them singly. As a simple example, let's say someone expects us to buy a single Canadian one cent coin in ordinary condition. It has a face value of less than a penny, there is no American coin with a low enough value for us to pay you, we would only buy it at a discount, so we would decline to make a bid. If somebody had a ton of the same coins it may be worth our while making an offer, although we probably could not sell enough of them to collectors, and the only way we could profitably handle them may be to ship them back to Canada. The shipping costs may actually be greater than their value.

What About Quantity?
In the case of some rarer and more expensive coins, one piece in stock may be enough for us, although we would still buy a second or third example, at fair prices, but slightly less than if we had none in stock. In other cases, we would prefer to buy in quantity. This is more usual in the case of lower value coins.

Other Price Guidelines
You could look at the prices at which we sell similar coins, if we have them listed on our web site. If not you could look at a catalogue in a library.

Travel or mail?
We do not, as a rule, travel to buy coins, although we do make exceptions for larger collections. You are welcome to visit our storefront, it is advisable but not necessary to telephone us, or you can mail the coins to us. We transact most of our business by mail order, and it is quite safe to mail coins, providing you package them properly.

No Limit
We place no upper or lower limits on the quantity of coins we will buy.

Mailing Coins to Us
You are welcome to come to our showroom with coins for sale. There is no need to make an appointment, but if you have a large amount of coins, it is advisable to let us know in advance. Sending coins by mail is quite simple and reliable. Within the United States, we recommend the U.S. Mail's registered mail service.

Packing
Most people pack their coins securely, but occasionally we are surprised by how badly some people will pack their coins. Try to wrap each coin separately if valuable, or to roll a quantity of coins in paper or plastic to form a cylinder. Plastic Zip Lock bags are ideal. Tape them up tightly after wrapping so that the coins cannot move around and scratch each other. Surround the roll with bubble wrap or tape it to cardboard so that it cannot move around inside the package. Try to use the smallest possible outer box or envelope to reduce the amount of slack inside.

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