Shorewood Coin Shop’s Frequently Asked Questions

Located in Shorewood, WI, we are here to answer all of your seller questions regarding your valuables. For over 50 years, we have served customers with valuable coins, jewelry, and owners of estates with appraisals and buying.

  • 1. Do I need an appointment to sell my items?

    No. Walk-ins are welcome during business hours for most coins, jewelry, and silver. Appointments are only needed for larger collections or off-site appraisals.

  • 2. How do you determine the value of my gold or silver?

    We test each piece to confirm purity, weigh it in front of you, and price it based on the current market value of the metal.

  • 3. Do you buy items in any condition?

    Yes. Broken jewelry, damaged watches, and worn coins are all worth bringing in — condition affects the price, not whether we'll look at it.

  • 4. What forms of payment do you offer when buying my items?

    We pay cash on the spot for most transactions.

  • 5. Do I need to bring identification to sell something?

    Yes, a valid government-issued photo ID is required for all purchases, per state regulations.

  • 6. How is the price of gold and silver determined?

    Our pricing follows the live market spot price for gold, silver, and platinum, which changes daily.

  • 7. Can I get a price quote over the phone?

    We can give general guidance over the phone, but an accurate offer requires seeing and testing the item in person.

  • 8. Do you buy foreign or ancient coins?

    Yes, we deal in a wide range of numismatics, including foreign currency and ancient coins.

  • 9. What should I bring with me for an appraisal?

    Bring the item itself, along with any paperwork, boxes, or documentation you have — though it's not required.

  • 10. Do you charge a fee for in-store evaluations?

    No, in-store evaluations are free with no obligation to sell.

  • 11. What's the difference between an appraisal and an offer to buy?

    An appraisal is an estimate of value for records, insurance, or estate purposes. An offer to buy is the price we're prepared to pay you that day.

  • 12. Do you buy jewelry that isn't gold or silver?

    Yes, we also evaluate costume jewelry, gemstone pieces, and platinum jewelry.

  • 13. Can you help me sell a large estate or collection?

    Yes, we regularly work with families and executors handling estates, and can review an entire collection in one visit.

  • 14. Do you sell coins and jewelry as well as buy them?

    Yes, we're a full-service shop, so we also sell coins, currency, jewelry, and collecting supplies.

  • 15. What areas do you serve for on-site appraisals?

    We travel throughout the greater Milwaukee, WI area for on-site appraisals of larger collections.

  • How long has Shorewood Coin Shop been in business?

    We’ve served clients for over 50 years.

  • Are you part of a large conglomerate?

    We are a family-owned and operated business located in Shorewood, WI.

  • I think I have something valuable. What shall I do?

    Feel free to call with questions. We provide free phone consultations.

  • Do you offer on-site appraisals?

    Our fees include drive time ($75 an hour). Fees can be waived if we purchase the balance of the collection.

  • Do you have coin collecting supplies?

    Yes.

Do you have further questions? Call (414) 961-0999 today.