Buying and selling gold and coins locally for 25 years!

Locations in Brookfield and Waukesha, WI

Milwaukee Coin Collector Frequently Asked Questions

Milwaukee Coins and Gold Buyer FAQs

Our family business survives on a reputation of ethics and informed, fair dealings with many new and repeat customers. We’re passionate Milwaukee coin dealers and hobbyists who would love nothing more than to bring you into the world of coin collecting, or purchase your coins if you would rather cash them in for top prices.

If the following FAQ does not have the answer to your question, contact the Milwaukee gold buyers and coin dealers at Greater Milwaukee Coin shops at 262-781-4200 (Brookfield) or 262-896-8955 (Waukesha).

Your question could contribute to the Milwaukee Coin trading community by winding up on our FAQ!

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Q: Are Bicentennial (1776-1976) coins worth anything?

A: The government made special quarters, halves, and Ike Dollars to celebrate the Bicentennial. Because so many were minted, they are still just worth the face value.

Q: What is a Silver Certificate worth? Or other old paper money?

A: Most paper money from 1928 and newer does not have much of a premium. There are definately expensive notes, but most are not. The reason is lots of notes were made, and unlike coins, the date on the bills were not changed often. For example, a silver certificate with a 1935 date, may have been printed as late as 1956! The best thing is to bring them into one of our stores, but most silver certificates and red seal $2 bills are worth about 25 cents over face value.

Q: My coins are dirty - how should I clean them?

A: The best advice I can give is to NOT clean your coins. There are a couple of safe ways to clean certain coins, but in general cleaning coins HURTS the value! It is better to leave them the way they are, or bring them in for us to look at for you.

Q: Do you recommend any good books on coins?

A: I think the best book on coins is the "Red Book". Published by Whitman, it has come out every year for about 60 years. It has alot of good information about collecting, grading, values, and varieties. It's sister publication is the "Blue Book". It does not have as much information, but tends to be more accurate when trying to find a value for a coin you'd like to sell. We do have both books available at our stores.

Q: I just saw a neat coin advertised on TV or the Newspaper. Is it a good deal? Should I buy it?

A: The coins advertised on the different TV shows, and in the newspaper suppliments, etc. can be very interesting. They tend to come in fancy, informative packaging. The problem is that we have seen on average that they do charge 1 1/2 to 3 times what your local dealer will charge. That is not always the case, and we cannot always get what they sell, but it would pay to shop around.

Q: Do you buy and sell stamps, baseball cards or other collectables?

A: We pretty much just handle coins, paper money, and gold and silver related items. We do know people who buy and sell stamps and baseball cards, so you can let us know what you have, and we can get you in contact with them.

Q: How old do coins have to be to be worth anything extra?

A: In general, we can pay a premium for coins that are silver, or collectable. Below is a chart of the years to look for: Dollars: 1935 and older Half dollars: 1969 and older Quarters and Dimes: 1964 and older Nickels: 1945 and older (some) Cents: 1958 and older

Q: Are Wheatie pennies worth much?

A: Wheat cents were minted from 1909 to 1958. Most are very common, and are worth about 2 cents each. There are some rare dates, mostly in the teen years. If your wheats are in coin folders, or you have the early years seperated, we can look and see if you have some we can pay more for.

Q: I have a steel penny, what is it worth?

A: In 1943, the government made cents out of steel because we needed the copper for the war. They are a neat item, but only worth around a nickel each. The reason is that there was over 1 Billion minted, and most were saved because they looked different.

Q: What are silver dollars worth?

A: It all really depends on the date, mintmark, and the condition of the coin. Current silver prices also have a large effect on the price. It's best to bring in your silver dollars for us to look at.

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