Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Estate Auctions - $1 Coin AuctionsCoin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection! Join Thousands of Coin, Bullion, & Money Collectors Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Toronto Area Coin Shops

To participate in the forum you must log in or register.
Author Previous TopicReplies: 12 / Views: 4,624Next Topic  
New Member
mokpie's Avatar
Canada
48 Posts
 Posted 03/08/2012  12:02 pm Show Profile   Bookmark this topic Add mokpie to your friends list Get a Link to this Message Number of Subscribers
Hi all,

For those from Toronto, does anyone have any good recommendations for coin shops in the GTA?

I'm looking for reputable places that offer competitive pricing for buying/selling.


In addition, does anyone have any places they like to go to look for bulk purchases or cheap buys? For example, I heard there's someone that sells coins at the Pickering Flea Market, but I have no idea what he sells or if its worthwhile to check out.

Thanks!
Valued Member
kitkat1858's Avatar
Canada
371 Posts
 Posted 03/08/2012  12:21 pm  Show Profile   Bookmark this reply Add kitkat1858 to your friends list Get a Link to this Reply
Canadian Coin and Currency... I've never been to their store, but I would imagine they're reputable dealers given their 25 years in the coin business.
Pillar of the Community
doubleeagle59's Avatar
Canada
2495 Posts
 Posted 03/08/2012  12:52 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
Canadian Coin & Currency has a HUGE inventory of raw and graded material. However, paying 90% to 100% of trends (last time I was there about 1 - 1/2 years ago) is ridiculous in todays' market.

Taylor's Coins on Avenue Rd and Eglinton has a very nice selection too. Again, similar pricing, which leads me to believe 'do these vendors really want to sell their stock?"
Valued Member
secoinedchance's Avatar
Canada
449 Posts
 Posted 03/08/2012  3:14 pm  Show Profile   Bookmark this reply Add secoinedchance to your friends list Get a Link to this Reply
I don't know about the raw at CC&C. Never seen anything out of an ICCS or PCGS holder there. Never dealt in person with Taylor, but hear from some others that he can be shifty. If you're in the west-end, just south of Bloor and Dundas (the Toronto Bloor and Dundas, not Etobicoke) there's a great little store there just south of Bloor. It's on the east side of Dundas in the bottom of a little office building. Great selection and prices, lots to look at. Can't remember the name. PM me a little later and I'll try to find the name for you.

Edit: I can't spell....I guess huked on foniks werked fer me
Edited by secoinedchance
03/08/2012 6:23 pm
Pillar of the Community
Libertad's Avatar
Canada
3692 Posts
 Posted 03/08/2012  9:22 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Secoinedchance: Explain what you mean by "shifty". I've dealt with this place for some time now and I've never known him to be dishonest. So tell us what you've heard because I'm guessing that they bought something of which they had no knowledge and thus overpaid, is my best guess. All you heard so far is a broken telephone conversation, so we need unbiased details. If you haven't dealt with him you can't really comment on the matter, sorry.

There's a high-end store in Richmond Hill, but they're not exactly collectors themselves. They just buy and sell what they know. They buy jewelry, though. They pay pennies on the dollar for your coins. They mainly deal in bullion, but in this aspect they are reputable. The bad side is that you can't really haggle with them and they treat you like muck sometimes - they're just covering their behinds from potential losses.

It's all about knowledge and what you know.
Pillar of the Community
Libertad's Avatar
Canada
3692 Posts
 Posted 03/08/2012  9:32 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
As to the high prices: you don't want to undervalue any industry as a whole. It's nice to get deals from time to time, but undervaluing stock puts everyone at risk. On the one hand it destroys your competition in the short-term, but in the long-run the public views the industry as "cheap" or low-end and will destroy the industry altogether. You don't want either because you need competition; it creates a smart consumer and specialization of categories. Start lumping everything together and on the cheap, and in the end there's nothing of value anymore. One dealer will pay more for a certain type of item because s/he's more knowledgable on the subject and can move it with ease. You can't know everything, and knowledge comes at a price.

(I hope that explains the issue.)
Pillar of the Community
doubleeagle59's Avatar
Canada
2495 Posts
 Posted 03/08/2012  10:36 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
I've done business with Sean Taylor of Taylor's Coins and found him to be honest and ethical.

On the wrong day, he can be a little grumpy and abrupt but I'm sure not perfect so I won't hold that against him.
Valued Member
secoinedchance's Avatar
Canada
449 Posts
 Posted 03/09/2012  07:53 am  Show Profile   Bookmark this reply Add secoinedchance to your friends list Get a Link to this Reply
A friend was wanting to purchase some coins and sell some coins. Apparantly when they had worked out a deal, Mr. Taylor abruptly changed his price as the transaction went to the cash register. The value of the coins went down and the purchase price of the coins went up. Hence what I call "shifty" or in other words the price "shifted". My friend is not in town at the moment, so I cannot verify the details, nor would I name names and all that, but this is what happened.

And Libertad, my stance on what you are talking about with undervaluing goes both ways. I don't mind paying (well I do, but that's why I tend to buy nothing but raw coins) for a high end example of the coin I want, but it just seems as though coin shops will never, ever tell you that the coin in your hand sure is a nice looking MS coin. The negativity starts almost as soon as you take the coin out of your case and show it. I find this especially at the bigger stores. So, to undervalue the coins that come into the store for purchase, is the same as undervaluing the coins that you have for sale. The old adage "Buy low, sell high" is really true. I am no one to tell a business how to or what to do for their business. But I would do it a tad differently then what I've seen as far as what the stores are doing right now.
Valued Member
Toronto1's Avatar
Canada
153 Posts
 Posted 03/14/2012  3:22 pm  Show Profile   Bookmark this reply Add Toronto1 to your friends list Get a Link to this Reply
the old guy in bloor/dundas West coin store that "secoinedchance" mentioned is VERY DIFFICULT to deal with!

He always ask "do you have cash?" when you ask to take a look at his coins. And the price is HIGHER than others. e.g. a 5oz Russian silver coin he ask 200% more than the catalogue price.
Moderator
Learn More...
SPP-Ottawa's Avatar
Canada
10463 Posts
 Posted 03/14/2012  7:38 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
B&W Coins in Brampton is one of the better coin shops I have visited. Good lighting, tons of inventory, lots of big, well-sorted bins for cherry picking, lots of modern (post-1967) coins in their inventory and they always have boxes of brand new rolls of all denominations from the mint for sale. I brought one of my Ottawa friends there, who collects Twoonies, and he was amazed at all the Twoonies available to look through. My favourite thing about that store is that it has quite a selection of numismatic literature for sale. I picked up my copies of the Griffin reprints there.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

My eBay store
Pillar of the Community
Libertad's Avatar
Canada
3692 Posts
 Posted 03/14/2012  9:34 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
B&W Coins is my favorite, bar none. Problem is it's so far away you really need a car to get there.
Pillar of the Community
darryldarryl's Avatar
Canada
2427 Posts
 Posted 03/15/2012  09:04 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
Bloor and Dundas store which I will not name...probably not a good idea to go there.
Valued Member
secoinedchance's Avatar
Canada
449 Posts
 Posted 03/16/2012  06:43 am  Show Profile   Bookmark this reply Add secoinedchance to your friends list Get a Link to this Reply
I decided to go to Taylor's Coins to check it for myself, and I have to say, the incident I spoke about must've been an isolated one. Had a good conversation with Sean, spent about half an hour in the store and had to leave before I went on a major spending spree. As it was, I bought a 16x loupe, a mixed bag of world coins, a shin-plaster 25C note, a Canadian nickel album 1922-1960, 2 Canadian small cent albums, American Wheat cent albums 1 and 2 and 7 rolls of wheaties. As my sig states, "Social drinker with a coin problem"

Oh, and I almost forgot the Buffalo nickel album too, including a 1927-S
Edited by secoinedchance
03/16/2012 07:35 am
  Previous TopicReplies: 12 / Views: 4,624Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.36 seconds to rattle this change. Forums