Questions and Answers

Tampa Bay’s Leading Coin Specialists

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About Gold

Gold is a chemical element with the symbol Au. Gold is a dense, soft, malleable metal. Pure gold has a bright yellow color, and pure gold is reflected by the terms 24kt or .999.

Gold is also used for many purposes, such as jewelry and investment. Different uses call for different purities, such as most jewelry being 14 karat gold or .585 pure, or most dental gold being 16 karat gold or .666 pure.

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Pure gold, 24 karat .999 pure, is the only type of gold that most investors desire, either in the form of coins or bullion. Most other forms of the metal have to be refined back to 24 karats to be reused.

About Silver

Silver is a metallic chemical element with the symbol Ag. Silver is a soft, white, lustrous transition metal, and it has the highest electrical conductivity of any element. This makes silver a very needed metal for industrial usage, as well as a sought-after metal for jewelry and investment purposes. Pure silver is reflected as .999 (the same as gold).

Text listing silver purity percentages for Pure Silver, Sterling, and Silver Coins.

Other than the 90% pure old U.S. coins, pure silver .999 is the only type of silver that investors desire, either in coin or bullion form. Sterling and coin silver are usually always melted and refined before they can be sold.

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Modern bakery display cases with black and white checkered floor.
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Various coins, cash, and gold jewelry displayed for sale or trade.

Common Questions

Q) I HAVE A SMALL COLLECTION, DO I NEED TO MAKE A APPOINTMENT?

A) No, for small collections you do not need a appointment. Simply bring your items to our 3000 sq foot Coin Shop at 9603 Bay Pines Blvd Saint Petersburg Fl 33708 for a free evaluation.

Q) MY COLLECTION IS TOO BIG TO CARRY INTO THE STORE WHAT DO I DO?

A) There are many ways to handle this. 1. Bring smaller amounts to the store at a time and widdle it down that way 2. Call and schedule a private appointment and an expert buyer will come to you. It’s that easy.

Q) HOW MUCH IS MY SILVER WORTH?

A) It depends on the purity of the metal and the current spot price of Silver. Bring your items to the Private coin Buyers™ for a free evaluation.

Q) HOW MUCH IS MY GOLD WORTH?

A) It depends on the purity of the metal and the current spot price of Gold. Bring your items to Private coin Buyers ™ for a free evaluation.

Q) DO YOU BUY PAPER CURRENCY?

A) Yes we do, we buy old US and Confederate Bills. Simply bring them in for a free evaluation.

Q) DOES PRIVATE COIN BUYERS REPORT THE COINS I SELL OR BUY TO THE GOVERNMENT?

A) We do not report any transactions to the US Government. It is entirely up to you to report transactions if you wish to do so. The only exception to this is that we are required by law to report CASH transactions above $10,000 to Homeland Security.

Q) I HAVE A HUGE AMOUNT OF GOLD AND SILVER, CAN PRIVATE COIN BUYERS BUY IT ALL?

A) We do not have a limit on how much you can sell or buy. We handle large transactions all the time. Simply come in and talk to one of or expert buyers to make arrangements to sell your large collection.

Q) I HAVE VERY OLD COINS, ARE THEY WORTH MORE?

A) They may be; however, coins are not judged on how old they are but are judged on how many of that coin they made that year, the metal purity, and the condition. It is critical that you go to a coin shop that specializes in coins, like The Private Coin Buyers™ to get a proper value for your old coins. To help determine if your coins are valuable, visit our Coin Guide.

Q) I INHERITED A LARGE COLLECTION OF COINS HOW DO I KNOW WHAT THEY ARE WORTH?

A) Unfortunately it is near impossible to research this yourself, there is too much bad information on the internet and the books are not accurate in current market prices. The best way to get a value on them is to come to Private Coin Buyers on Bay Pine Blvd and let one of our expert buyers give you a free verbal evaluation on your items. You are not required to sell anything but if you want to the Private Coin Buyers will gladly buy it all.

Q) DON'T ALL BUSINESSES PAY THE SAME? ISN'T THAT REGULATED BY THE GOVERNMENT?

A) Unfortunately, not every coin shop, jewelry store, pawnshop, "We Buy Gold" stores pay the same. There are hundreds of stores that advertise we buy this or that, but only a few that pay fair prices. It is critical to go to a place like the Private Coin Buyers™ that specializes in buying gold, silver, coins, and jewelry to get fair prices. Having the proper credentials like the Private Coin Buyers™ has is very important. When choosing a place to sell items, look for things like: Are they members of the Better Business Bureau or Business members of the Florida Sheriffs Association like the Private Coin Buyers™.

FOR OTHER QUESTIONS CALL
(727) 232 - 9281

Or stop by our store at 

9603 Bay Pines Blvd in St Petersburg

for friendly, courteous in person service.

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Expert Buyers

Please visit us at Private Coin Buyers™ and deal with a registered buying agent in person. Every one of our registered buying agents has over 30 years of experience in the industry, so you are guaranteed to have a knowledgeable and well-trained professional help you.

Our estate buyers will be glad to answer any questions you may have and will take the time to explain the buying process to you while handling your transaction. Friendly, courteous service is assured when dealing with our professionals.
If you can't make it to our store to meet a buyer in person, rest assured that the same expert buyers you normally would deal with at the store are the same people who work at the coin shows and make house calls.

Avoid the rude, pushy, untrained clerks at other stores. If they are not nice and friendly, just leave and visit Private Coin Buyers™ and have a seat in our private offices with a courteous, seasoned professional who will work with you to establish the value of your collection.

Coin Facts

Please visit Private Coin Buyers™ Coin Guide to get an idea of your coins' values. Many coins are worth their weight in gold or silver (market), but many coins are rare and worth more. If a store is not willing to share this information with you, why would you take your coins there? Private Coin Buyers™ has a great Coin Guide to help you. If you have any questions, just give us a call or come by and talk with one of our experts.

Visit Our Coin Guide

When buying coins and bullion, think twice about buying paper gold/silver or stocks in gold and silver companies. It is much better to own physical gold or silver than a piece of paper. If the company that sold you a piece of paper fails, you lose your investment, but if you own the real deal (physical gold and silver), you can never lose. Private Coin Buyers™ sells gold and silver coins and bullion.

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