Thinking about selling some of your old silver coins? Austin, Texas has a few places that might be just what you’re looking for. Finding the right spot to get a fair price for your collection, especially for things like junk silver coin buyers Austin TX, can make a big difference. We’ve rounded up some of the local spots that deal with coins, so you can get an idea of where to start.

Key Takeaways

Austin’s Best Coin and Gold Exchange in Round Rock pays top dollar for coins and collections in any condition.
The Village Coin Shop offers a wide selection of US and international coins, including Morgan and Peace Silver Dollars, and also buys jewelry.
Kris’s Coins, a South Austin dealer since 1971, provides fair prices for coins, bullion, and precious metals with no appointment needed.
When looking for junk silver coin buyers in Austin TX, consider shops that offer transparent pricing and have a long history in the community.
These local businesses cater to various needs, from selling specific coin types like Morgan or Peace Silver Dollars to general bullion and even broken jewelry.

1. Austin’s Best Coin and Gold Exchange

When you’re looking to sell your silver coins, or any other precious metals for that matter, finding a place you can trust is key. Austin’s Best Coin and Gold Exchange is one of those spots that has been around for a while, serving the Austin area. They deal with all sorts of coins and gold items, not just the silver stuff.

They mention they pay more than ever for coins and collections, no matter the condition. This includes things like old class rings, broken jewelry, and even sterling silver items. It sounds like they’re pretty open to buying a lot of different things, which is good if you’re not sure what’s valuable.

Here’s a quick look at what they seem to handle:

Coins (any condition)
Gold jewelry (broken or not)
Sterling silver items
Collections of precious metals

They also say you can schedule a private appointment, or sometimes they take walk-ins if they have time between appointments. It’s probably best to call ahead to make sure they can see you.

It’s always a good idea to get a few opinions when selling valuable items. This place seems like a solid option to start with, especially if you have a mix of different precious metals and jewelry you want to get rid of.

They’ve been in business for over 50 years, which is a pretty long time in this industry. That kind of history usually means they know what they’re doing and have built a reputation. They also mention having over a thousand happy customers, which is a good sign too.

2. The Village Coin Shop

The Village Coin Shop has been a fixture in Austin for a long time, serving collectors and investors since 1971. They’re located in Northwest Austin, making them a convenient spot for folks in that part of town. When you’re looking to buy or sell coins, gold, silver, or even broken jewelry, they handle it all. They’ve got a pretty wide selection of US and international coins, including those popular Morgan and Peace silver dollars, plus plenty of 90% junk silver if that’s what you’re after.

What sets them apart is their long history and the experience that comes with it. They aim to provide fair prices and good service, which is always a plus when you’re dealing with valuable items. It’s nice to know you can walk in and get a straightforward deal without a lot of hassle.

Here’s a quick look at what they generally handle:

US and International Coins
Morgan and Peace Silver Dollars
90% Junk Silver
Graded Coins
US Mint Commemoratives and Proof Sets
Gold and Silver Bullion (coins, rounds, bars)
Sterling Flatware
Broken or Unwanted Jewelry
Collecting Supplies

They’re open Tuesday through Saturday, from 10 am to 4 pm. Sundays and Mondays they’re closed, so plan your visit accordingly. It’s a solid choice if you’re in the area and need to move some silver.

3. Kris’s Coins

Kris’s Coins has been a fixture in the Austin coin scene for a long time, serving collectors and investors since 1971. If you’re looking to buy or sell junk silver, or really any kind of precious metal, they’ve got you covered. They deal in gold, silver, platinum, and palladium, whether it’s in the form of coins, bars, or even fractional pieces. They also buy directly from the public, which is pretty convenient if you’ve got a collection gathering dust.

They pride themselves on offering competitive prices with a no-pressure approach. It’s nice to hear that, especially when you’re dealing with something as potentially valuable as a coin collection. They also do appraisals, which is handy if you’re not quite sure what you have or what it’s worth for insurance or estate purposes.

Here’s a quick look at what they handle:

US and International Coins
Bullion coins and bars
Fractional gold and silver
Scrap gold, sterling silver, platinum, and palladium
Collecting supplies

The shop is located in South Austin, and they welcome walk-ins, so you don’t necessarily need an appointment to stop by and see what they have or get an appraisal. It feels like a place where you can just go in, chat about coins, and get a fair deal. People seem to really like the personal service they get there, which is always a good sign.

4. Morgan Silver Dollars

When you’re looking through your coin collection, you might come across some Morgan Silver Dollars. These coins are pretty popular with collectors, and for good reason. They were minted from 1878 all the way up to 1904, and then again for a short time in 1921. That long run means there are a lot of them out there, but also a lot of variation depending on the mint mark and the year.

The Morgan Dollar is a real workhorse in the silver collecting world. They’re often considered a good entry point for people getting into silver coins because they’re generally more available and less expensive than some other collectible silver pieces. Plus, they’re made of 90% silver, so they have intrinsic value based on the silver content alone.

Here’s a quick look at what makes them tick:

Mint Marks: Where the coin was made matters. Common mint marks include ‘O’ for New Orleans, ‘S’ for San Francisco, and ‘CC’ for Carson City (which are usually more valuable). If there’s no mint mark, it was likely made in Philadelphia.
Condition: Just like any coin, the better the condition, the more it’s worth. A coin that’s been heavily worn will be worth less than one that looks almost new.
Rarity: Some dates and mint mark combinations are much harder to find than others, driving up their collector value.

If you’re thinking about selling your Morgan Dollars, local coin shops in Austin are a good place to start. They can help you figure out what you have and give you a fair price. They see these coins all the time, so they know their worth.

Many collectors appreciate the Morgan Silver Dollar not just for its silver content, but also for its historical significance and classic design. It represents a significant era in American history and coinage.

5. Peace Silver Dollars

Peace Silver Dollars are a really popular series of U.S. silver coins, minted from 1921 to 1935. They were created to commemorate the end of World War I, hence the name ‘Peace’. These coins are a favorite among collectors for a few reasons. First off, they’re made of 90% silver, which gives them intrinsic value beyond their numismatic appeal. Plus, the design is pretty striking – a classic bald eagle on the reverse and Lady Liberty on the obverse.

When you’re looking to buy or sell Peace Dollars in Austin, you’ll want to find dealers who understand their value, both as silver content and as collectible pieces. Some shops might focus more on melt value, while others will appreciate the historical significance and rarity of certain dates or mint marks. It’s good to know what you have before you go in.

Here’s a quick rundown of what makes them special:

Design: Created by sculptor Anthony de Francisci, featuring a radiant Liberty on the obverse and a perched eagle on the reverse.
Minting Years: Primarily 1921-1935, with a brief revival in 1964 that was never released.
Silver Content: 90% silver, 10% copper.
Key Dates/Mint Marks: Certain years and mint marks are much rarer and more valuable, like the 1928-S or the 1934-D.

Finding a reputable dealer is key to getting a fair price for your Peace Dollars. You don’t want to be lowballed just because a shop doesn’t specialize in this particular series. It’s worth checking out places like The Village Coin Shop because they often have a good selection and knowledgeable staff. They understand the difference between a common date and a rare gem.

Peace Dollars represent a significant moment in American history and coin minting. Their combination of silver content and iconic design makes them a solid addition to many collections and a worthwhile item to sell if you’re looking to cash in on your silver assets.

6. 90% Junk Silver

When you’re looking to sell or buy silver, you’ll often hear the term "junk silver." Don’t let the name fool you; this isn’t worthless stuff. It actually refers to US dimes, quarters, and half-dollars minted before 1965. These coins are made of 90% silver, which is why collectors and investors are interested in them. They’re a straightforward way to own physical silver.

These coins are a popular choice because they’re easily recognizable and divisible. You can buy them by the face value, like a roll of dimes or quarters, and the silver content is pretty standard across the board. It’s a tangible asset that’s been around for a long time.

Here’s a quick look at what makes up common junk silver:

Dimes: Pre-1965 Roosevelt, Mercury, or Barber dimes.
Quarters: Pre-1965 Washington, Standing Liberty, or Barber quarters.
Half-Dollars: Pre-1965 Kennedy, Franklin, Walking Liberty, or Barber half-dollars.

When you’re dealing with junk silver, the price is usually based on the melt value of the silver content, plus a small premium. It’s not about the coin’s numismatic value (how rare or collectible it is), but purely about the silver it contains. This makes it a pretty stable investment, especially when silver prices are on the rise.

Selling your 90% silver coins is a straightforward process. Reputable dealers will weigh your coins and calculate their value based on the current silver market price. They’ll typically offer a price slightly below the spot price of silver, reflecting their need to make a profit, but it’s still a fair way to liquidate your silver holdings.

7. Graded Coins

When you’re looking to sell coins, especially those that might be more valuable than their melt value, you’ll want to pay attention to graded coins. These are coins that have been authenticated and assigned a numerical grade by a third-party service, like PCGS or NGC. This grading process tells you exactly how well-preserved the coin is, which directly impacts its worth.

The grade is a big deal for collectors and buyers alike. A coin’s condition can make a huge difference in its price. For instance, a common date silver dollar in circulated condition might be worth just a bit over its silver content, but the same coin in a high Mint State grade could be worth hundreds or even thousands of dollars.

Here’s a quick look at why grading matters:

Authenticity: Graders verify the coin is genuine and not a counterfeit.
Condition Assessment: They use a standardized scale (usually 1-70) to describe wear, strike, and surface preservation.
Market Value: A professional grade provides a clear benchmark for pricing, making transactions smoother.
Protection: Coins graded and encapsulated by reputable services are protected from further damage and handling.

When you bring your graded coins to a buyer in Austin, they’ll be looking at the coin’s grade, the rarity of the date and mint mark, and the current market demand. It’s always a good idea to know what grade your coin has before you go in, but experienced dealers can help you understand this if you’re unsure.

Selling graded coins often means dealing with a more specialized market. Buyers will be familiar with the grading scales and the services that provide them. Having your coins in their original, sealed holders from companies like PCGS or NGC can streamline the selling process and often leads to better offers because the authenticity and condition have already been verified.

If you have a collection with many graded coins, shops like Austin’s Best Coin and Gold Exchange or The Village Coin Shop are equipped to evaluate them. They understand that a coin’s grade is a primary factor in its value, and they can offer fair prices based on that professional assessment.

8. US Mint Commemoratives

When you’re looking through your coin collection, you might come across some special pieces from the U.S. Mint that celebrate specific events, people, or places. These are called commemorative coins. They’re not just regular currency; they’re often made with higher quality metals and have unique designs.

These coins can be quite collectible and sometimes hold more value than their face value, especially if they’re in good condition or represent a significant historical moment. Many collectors focus solely on these types of coins because of the stories they tell.

Here’s a quick look at what makes them stand out:

Unique Designs: Each commemorative coin has a special design on it, unlike the standard Lincoln cent or Washington quarter. Think of designs celebrating national parks, historical anniversaries, or important figures.
Limited Mintage: Often, the U.S. Mint produces these coins in limited numbers. This scarcity can increase their desirability among collectors.
Variety of Metals: While many are made of silver or clad (a mix of copper and nickel), some commemoratives might be made from gold or other precious metals, adding to their intrinsic value.

If you’re thinking about selling your U.S. Mint commemoratives, places like The Village Coin Shop or Kris’s Coins in Austin can help you figure out what they’re worth. They see these kinds of coins regularly and know how to assess their value based on the metal content, the design’s popularity, and how many were originally made.

It’s always a good idea to handle these special coins with care. Using soft gloves and storing them in protective holders can prevent damage, which is super important for keeping their value up. Even small scratches can make a big difference when it comes to what a buyer is willing to pay.

9. Proof Sets

Proof sets are special coin sets minted by the U.S. Mint for collectors. They’re made using polished dies and planchets, giving them a mirror-like finish and frosted design elements. These sets usually come in a protective case, making them easy to display and store.

Proof sets offer a glimpse into the minting process and are often considered more aesthetically pleasing than regular circulation coins. They can be a great addition to any collection, whether you’re just starting out or you’re a seasoned numismatist.

When you’re looking to buy or sell proof sets in Austin, consider what makes them unique:

Finish: The contrast between the frosted devices and the mirrored fields is a hallmark of proof coins.
Mint Mark: Proof sets are typically produced at specific mints, and the mint mark can affect their rarity and value.
Completeness: Sets often include coins from all denominations minted that year, and sometimes special editions or variations are released.

Proof sets are not just about the metal content; their value is heavily influenced by their condition, rarity, and the demand from collectors. Understanding these factors is key when evaluating a proof set for your collection or for sale.

Many local coin shops in Austin, like The Village Coin Shop, carry a variety of proof sets. They can help you identify sets that might be particularly interesting or valuable, based on their year, mint, and condition. It’s always a good idea to talk to knowledgeable dealers who can guide you through the nuances of these collectible items.

10. Gold and Silver Bullion

When you’re looking to invest in precious metals, gold and silver bullion are popular choices. These are typically sold in the form of coins, bars, or rounds, with their value directly tied to the spot price of the metal. Unlike collectible coins, the primary appeal of bullion is its intrinsic metal content. It’s a way to hold tangible assets that have historically maintained value.

Buying bullion is a straightforward process, but knowing what to look for makes a difference.

Here’s a quick rundown of common bullion forms:

Coins: Think American Eagles, Canadian Maple Leafs, or South African Krugerrands. These are minted by government facilities and often carry a small premium over the melt value.
Bars: These come in various sizes, from small one-ounce bars to larger kilobar or even 100-ounce bars. They are usually stamped with the refiner’s mark, purity, and weight.
Rounds: Similar to bars but often round in shape, these are produced by private mints. They can sometimes be found with lower premiums compared to government-issued coins.

When you’re ready to buy, places like The Village Coin Shop can help you find what you need. They offer a selection of gold and silver bullion, making it easier to get your hands on these assets. It’s always a good idea to compare prices, but remember to factor in the convenience and trustworthiness of the dealer. You can often find live pricing for gold and silver coins and bullion online, which helps when you’re comparing offers from different dealers.

Investing in bullion is a way to diversify your assets with physical commodities. It’s a tangible store of value that can be held outside of traditional financial systems. While prices can fluctuate, many investors see it as a hedge against inflation and economic uncertainty.

Wrapping It Up

So, you’ve got some junk silver coins sitting around and you’re wondering where to get a fair shake in Austin. We’ve looked at a few places that seem to know their stuff, like Austin’s Best Coin and Gold Exchange, The Village Coin Shop, and Kris’s Coins. They all mention paying good prices and being around for a while, which is usually a good sign. Remember to call ahead or check their hours, and don’t be afraid to ask questions. Getting the best price for your silver is all about doing a little homework and finding someone you feel comfortable dealing with. Happy selling!

Frequently Asked Questions

What makes “junk silver” valuable?

Junk silver refers to old U.S. coins made mostly of silver, like dimes, quarters, and half-dollars from before 1965. Their value comes from the silver metal inside them, which is worth more than their face value, especially when silver prices are high.

Where can I sell my silver coins in Austin?

Austin has several reputable places to sell your silver coins. Shops like Austin’s Best Coin and Gold Exchange, The Village Coin Shop, and Kris’s Coins are known for buying coins and precious metals. It’s always a good idea to check out a few places to compare offers.

Do I need an appointment to sell coins?

Some places, like Kris’s Coins, don’t require appointments and welcome walk-ins. Others, like Austin’s Best Coin and Gold Exchange, suggest calling to schedule a private appointment, though they might accommodate walk-ins if they’re not busy. The Village Coin Shop is open during specific hours.

What kind of silver coins do these shops buy?

These shops typically buy a variety of silver coins, including U.S. coins like Morgan Silver Dollars, Peace Silver Dollars, and 90% silver coins (often called “junk silver”). They also often buy gold and silver bullion, like bars and rounds.

Do coin shops only buy silver coins?

No, most coin shops that buy silver also buy other precious metals like gold and platinum. Many also purchase unwanted jewelry, sterling silver items, and even scrap gold. Some even offer services like coin appraisals.

How do I know if I’m getting a fair price?

To get a fair price, it’s smart to do a little research on current silver prices before you go. Visiting multiple dealers can also help you compare offers. Shops that are transparent about their pricing and have good reviews are usually a safe bet.

What’s the difference between junk silver and collectible coins?

Junk silver’s value is mainly based on its silver content. Collectible coins, like rare Morgan or Peace dollars, have value based on their rarity, condition, and historical significance, in addition to any silver they might contain. Some shops deal in both.

Can I sell broken jewelry along with my coins?

Yes, many coin and precious metal buyers in Austin, such as Austin’s Best Coin and Gold Exchange and The Village Coin Shop, will also buy broken or unwanted gold and silver jewelry. It’s a good way to get some extra cash for items you no longer need.