Broadway Coin & Stamp Exchange Inc.

I went in to try and sell some pre-​1964 silver quarters and did not have a great experience. I had checked the «melt-​value» before going in to have an idea of how low to go, it was at $ 3.84 for the day. When the man helping me looked at the coins, he simply counted them and gave me a price of $ 2.65 per quarter, telling me that there was no collector value to them only silver value despite many of the coins being in near un-​circulated condition. When I told him that the melt price was $ 3.84 he said, «yeah maybe retail, I don’t know what the price of silver is right now»… I was kind of surprised he wouldn’t know the price of silver considering part of his business is buying and selling silver.
Looking at ebay I know that there is a collector value to the coins that places them more than the melt value. Considering that it’s illegal to melt the coins anyway, the only way he would legally make a profit is selling them to collectors. So when he told me they didn’t have any value other than melt I was kind of upset but was willing to sell them at a discount to save me the trouble of listing them online. I told the man I was looking for $ 3.00 a quarter and he responded with $ 2.50. I double checked with him asking if he lowered his offer, and he said it was because I asked for more. I get that maybe that is a negotiation tactic, but it really pissed me off. He continued to go lower and lower each time I suggested $ 3.00 as my asking price. When he refused to come up and continued to go down, I decided to take my coins to another place. Maybe I caught him at a bad time, or maybe that is just how he negotiates… but knowing there is numismatic value to the coins and being told there is none, then getting an offer way below melt value (even though i know he needs to make a profit) made me mad enough to create this Unilocal account and make my first review. After I left him I called a shop in parkway mall and they offered me $ 3.25 a coin… so I guess it worked out for me in the end.

I visited Broadway Coin & Stamp Exchange for the first time yesterday. A gentleman named Lee was very helpful, very friendly, and I feel I received exactly what I should have for my coins. I will definitely be going back, should I have more coins to sell. I highly recommend this business.

I love this place and am there at least once a week. The staff are great at answering all of my questions and their prices are always fair. I was intimidated to walk into a coin store before but the staff here have always gone out of their way to make sure that I walk out with information in hand and beautiful coins.

love this place ~!~ the most gracious staff! great place to stock up on your PM’s ;o)