The Frederick Coin Exchange
Business Contact: Matt Lerner
You’ve seen the claims on TV, in the local newspapers, heard them on the radio: “Choose us. We pay the highest prices!” This is a claim anyone can make. We measure our success differently. Repeat Business – On average, 70% of our customers come back for a second, third or even forth trip to our shop. This to us suggests that we have met and exceeded our customers’ expectations. Referral Business – Unlike many companies you may be accustomed to doing business with, Frederick Coin Exchange has a rather small advertising budget. We strive to pay some of the most competitive rates in the area, which means lower margins. However, because of our strong prices, we find most of our customers then refer their friends and family to us. Reputation – We’re in a unique business where trust and reputation matter more than fancy offices and fanfare. In today’s age of technology, creating this trust is even more important and in many ways more difficult. In years past, customers had no way of knowing if they were dealing with people that were honest and trustworthy, unless they knew someone else who had dealt with them. Today, all you have to do is simply ‘Google’ someone to read their reviews. This is something we tell all of our customers to do before they come see us. Google ‘Frederick Coin Exchange’ and see what others have to say about us! Or click here directly. Services We Offer: Purchasing – While we are primarily a dealer of rare coins, we will also purchase your unwanted jewelry, as well as your gold, platinum or silver bullion. We will be happy to travel to you if your collection proves to be valuable enough. No appointments are necessary when you come to visit our shop. Just bring your items into Frederick Coin Exchange during normal business hours and we’ll be able to help you out. Verbal Appraisals – Our in-house verbal appraisals are free of charge. The appraisal process is simple. Once you bring your coins to us, we will sit with you and tell you the current market value of the items you bring us. If you decide to sell to us, then we will pay you the appraised price. If you choose to keep your coins, then you will leave knowing their exact value. No appointments are necessary for verbal appraisals. Written Appraisals – If you need an appraisal typed on our letterhead (usually for estate purposes or to be presented in court), the charge is $75 per hour in store, and $150 per hour out of store with a minimum charge of an hour. The appraisal process is simple: Once you bring your coins to us we will sit with you and itemize the value of your collection. If you decide to sell to us then we will pay you the appraised price. If you choose to keep your coins, you will leave knowing exactly what your items are worth. Please note we usually only do appraisals after 2:00 Monday-Thursday (under some circumstances we can do other times). You must call to make an appointment for written appraisals. ***Please note: Due to the volume of business we are currently seeing. We are only taking a small number of out of store appraisals.*** Submission services – Since we are members of all major grading services, including the newly formed CAC service, we can submit your coins for grading. We can also advise you whether we feel your coin is an appropriate fit for submission. You will only be charged our cost plus additional shipping charges. Rare Coin Sales – Whether you are looking for a $19 Indian Head Cent, or a $150,000 1895 Morgan Silver Dollar, we can help! We have one of the most extensive inventories of coins in Western Maryland. If you are seeking true rarities, we can help acquire them through our large network of dealer connections or auction representation. Precious Metals Sales – We carry an extensive inventory of gold and silver bullion. Also, we are now stocking platinum, palladium and rhodium. Click here for a list of the products we carry and the premiums.The Frederick Coin Exchange has some of the lowest premiums on gold and silver bullion in the industry!
Why it's important not to clean your coins!
- Being connected to organizations and businesses around the country allow us to pay you more. We are members of the Certified Coin Exchange, a network of the nations top 300 coin dealers. This allows us to buy anything at competitive rates regardless of value or quantity.
- The Frederick Coin Exchange is a member of all major coin and precious metals organizations including:
- American Numismatic Association – Life Member
- Professional Numismatic Guild – PNG
- Certified Coin Exchange – Member Firm
- Professional Coin Grading Services – Authorized Dealer
- Numismatic Guaranty Corporation – Authorized Dealer
- Industry Council for Tangible Assets – ICTA
- Certified Acceptance Corporation – CAC
- Paper Money Guaranty – PMG
- Accredited Precious Metals Dealer – APMD