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Valued Member
United States
106 Posts |
I just graduated high school, so my grandpa took me to this place in phoenix, called American Precious Metals. Anyone been there before? It's on camelback, the guy seems very honest, and he was very helpful, giving me free magazine cut outs to coins, etc.
He told me about jewelluster, it was a simliar product on coins. He said it does indeed strip off the metal, and you have to be careful when dipping silver coins in them, but gold coins you can leave in all day...
I was surprised by this, since people on this forum told me it was bad idea, but regardless, he was a kind person.
Just to look around, I went to a pawn shop , surprisngly, this pawn shop had TONS of coins. And a huge selection of gold coins, I asked the guy, "How do get these all these gold coins?" and he said "Well, people sell them to us, and we sell them back. That's what a store does.."
Then he went on to tell me why a grade makes a coin so valueable, I wanted to tell him to shut up, because I have read many books on coins and know what he was telling me, and then I tell him the mint started making coins in the very late 1700's, and he said "No, you're wrong. It was the early 1800's.." then he looks it up and says, "oh, I guess I was wrong.."
He tried to sell me a 20 kroner or something like that, I don't remember it much but it had a distinct design, it looked BU, and was made in the late 1800s, it had less than .2 oz of gold in it, and he was trying to sell it to me for 130 dollars.
so I had bad feeling about that place, and went to the other coin shop again
My grandpa was going to give me 100 dollars to spend, on an investment, so I chose a gold coin, and spent it on a 1998 gold soveregn, it had almost a quarter of an ounce in gold, and it was part of a proof set that had been opened. Since it was cracked open, it had no marks, but it wasn't as deep mirror as proofs that are never opened, regardless, it is a nice coin.
He also had a half ounce sovereign, a full ounce, etc.
Just wanted to share this story with everyone :)
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