FREQUENTLY ASKED QUESTIONS

Q: Do you do business during the week?

Ken is enjoying his semi-retirement. He does what he wants during the week, but he makes himself available every Wednesday and Saturday, as well as by appointment.

Q: What is the difference between bullion and coins?

Coins are minted by or for a sovereign government, with a specific face value. Bullion is minted by private manufacturers. Bullion’s primary value is intrinsic relying on the value of the metals they are made of.

Q: What do you do with the scrap you buy?

It is at our discretion what we do with the scrap metal, but it is always our policy to offer the best prices we can for the items you are offering to sell.

Q: Do you take credit or debit cards?

No. Cash and carry.

Q: If the price is always fluctuating, then how can you post a price all day on Saturday?

The commodities markets for metals close every Friday evening and reopen on Sunday afternoon. This makes Saturdays an ideal time to shop around and for us to sell without needing an up to the minute price check.

Q: Do you do layaway?

No. Cash and carry is the best way to deal in commodities whose values can fluctuate by the minute.

Q: Do you pay cash?

Yes we do.

Q: Do you buy jewelry?

We are scrappers. If you have a truly unique and valuable piece of jewelry then we may not be the best place to sell it.

Q: If I am looking for a particular coin can I give you my information and get a call when you get one?

We do not keep a list or make calls. Shop early, shop often. Everything turns up eventually.

Q: What is a “spot” price?

Commodities, like gold and silver, are traded on the open market much like company stocks. The spot price represents the best average price between what is being bought and sold, just like a stock price.