Where to Sell Medallions in Austin: Your Guide to Top Buyers

Looking to sell medallions in Austin? It can be a bit of a puzzle figuring out where to get a fair price. Whether you’ve got old coins, gold, or silver pieces, Austin has a few spots that might be worth checking out. We’ve rounded up some of the places folks in Austin have used to sell their valuables. It’s always a good idea to shop around a bit to see who offers the best deal for what you have. Let’s take a look at some of the options for selling your medallions in the Austin area.

• Austin Rare Coins and Bullion is a well-known spot for buying and selling gold, silver, and platinum. They deal with various bullion items and rare coins.
• Lone Star Coins has been around for a long time, specializing in rare coins and also buying and selling gold and silver bullion.
• Dallas Rare Coins, while in Dallas, is mentioned as a dealer with a large selection and experience in rare coins and bullion, including scrap gold and silver.
• Fort Worth Coin Company, located in Fort Worth, also deals with rare US coins and precious metal bullion, offering appraisals.
• Texas Precious Metals Depository offers storage solutions for investors and may be a place to inquire about selling or valuing certain precious metal items.

When you’re looking to sell medallions in Austin, Austin Rare Coins and Bullion is a place that often comes up. They’ve been around for a while and have a reputation for handling a lot of different kinds of coins and precious metals. If you’ve got old US gold coins, especially those from before 1933, they’re definitely interested. They also deal with certified rare coins, proof coins, and other collectibles like exonumia.

Beyond just coins, they’re also a big player when it comes to gold, silver, and platinum bullion. Think American Gold Eagles, Maple Leafs, or even just plain gold and silver bars. They’re known for being one of the larger dealers of gold and silver in the Austin area, which usually means they’re ready to buy.

Here’s a quick look at what they focus on:

• Rare U.S. coins (pre-1933 gold, certified, proof)
• Gold, silver, and platinum bullion (coins and bars)
• Exonumia and other collectibles

They offer appraisals, which is helpful if you’re not sure exactly what you have. People say they’re pretty good at helping collectors find specific items, so it stands to reason they’d be helpful when you’re trying to sell too.

It’s always a good idea to get a few opinions when selling valuable items. While Austin Rare Coins and Bullion is a well-regarded option, comparing their offer with other local buyers can help ensure you get a fair price for your medallions.

Lone Star Coins has been a fixture in the San Antonio area for a long time, serving folks for over 40 years. They’re known for dealing in all sorts of rare coins, from high-grade US stuff to ancient coins and even foreign ones. If you’re into certified coins, proof coins, or mint sets, they’ve got a good selection. Beyond just coins, they also handle stamps and other collectible numismatic items.

When it comes to precious metals, Lone Star Coins is also a solid choice. They buy and sell a variety of gold and silver bullion, including bars, ingots, coins, and rounds. Their website even shows live prices for popular items like American Eagles and Canadian Maple Leafs, which is pretty handy. It’s a good place to check if you’re looking to sell your medallions or other precious metal items. Since they buy from the public, their inventory is always changing, so you never know what you might find or what they might be looking for.

They specialize in rare coins and a wide range of gold and silver bullion.

Here’s a quick look at what they focus on:

• Rare US coins (high-grade, certified, proof)
• Ancient and world coins
• Stamps and numismatic items
• Gold and silver bullion (bars, ingots, coins, rounds)

Keep in mind that Texas has a sales tax exemption for bullion purchases over $1,000, but it’s always a good idea to confirm the specifics with the dealer. Lone Star Coins is located at 15909 US Highway 281 North #123, San Antonio, TX 78232, and you can reach them at (210) 735-7131. They are a great resource for both buying and selling precious metals in the region. You can also find them at Lone Star Challenge Coins in Spring Branch.

Dallas Rare Coins has been around for a good while, over 30 years to be exact. They really focus on US rare coins, which is pretty neat if that’s your thing. They’re a lifetime member of the ANA, which sounds like a big deal in the coin collecting world. If you’re just starting out or you’ve been collecting for ages, they seem to offer advice and appraisals.

They’ve got a pretty big collection that changes a lot. You might find things like proof coins, mint sets, certified coins, and even some world gold and silver coins. They also deal with pre-1933 US gold coins, Morgan and Peace silver dollars, and Franklin halves. If you’re into older silver coinage, they have that too. Plus, they buy and sell scrap gold and silver, and even jewelry.

It’s always a good idea to check what they have in stock before you make a trip, especially if you’re looking for something specific. Their inventory is always moving, so what’s there today might be gone tomorrow.

They are a solid choice if you’re in the Dallas area and looking for a wide variety of US rare coins and precious metals.

Fort Worth Coin Company has been a fixture in downtown Fort Worth for over three decades. They’re known for having a solid selection of both US rare coins and precious metal bullion. If you’re looking for things like proof coins, certified coins, or just investment-grade pieces, they usually have something interesting.

Beyond the rare coins, they also deal in gold, silver, platinum, and even palladium. This includes both bullion bars and coins. It’s good to know they have an expert on-site who can help with appraisals and give advice. It can be pretty helpful when you’re trying to figure out what you have or what you want to buy.

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

• Rare US Coins: Certified coins, proof coins, investment-grade pieces.
• Bullion: Gold, silver, platinum, and palladium in various forms (bars, coins).
• Expert Appraisals: On-site assistance for valuation and guidance.

While they are located in Fort Worth, their selection and expertise might make the trip worthwhile for some Austin residents, especially if you’re looking for specific items or a trusted appraisal.

Their address is 2820 7th Street West, Fort Worth, TX 76107, and you can reach them at (817) 336-1782.

Texas Precious Metals Depository is a place that offers secure, long-term storage for your gold and silver. They’ve got these high-security vaults, like, really top-notch, and they’re even insured by Lloyd’s of London. So, if you’re looking to store your investments safely, this is definitely an option to check out.

They cater to both individual investors and those with IRA accounts. It’s good to know there are facilities like this around, especially if you’re dealing with significant amounts of precious metals and want that extra peace of mind.

Storing precious metals requires a high level of trust and security. Facilities like Texas Precious Metals Depository aim to provide that by using advanced vault technology and comprehensive insurance policies, giving investors confidence in the safety of their assets.

While they focus on storage, it’s worth noting that Texas has a sales tax exemption for bullion purchases over $1,000. However, this exemption doesn’t always apply to certain numismatic items, so it’s always a good idea to clarify before you buy.

Koosh Jewelers is a spot in Austin that buys and sells jewelry, including watches and diamonds. They seem to have a pretty good reputation based on what people are saying online.

If you’re looking to sell, they mention that you need to be over 18 and have a valid ID. You just bring in what you want to sell, and their GIA Certified experts will check it out and give you a cash offer. They say the process is straightforward and they value transparency.

People often mention specific staff members like Jamie (sometimes called "the Wolf of Watches"), Susan, Ari, and Tom for being helpful and making transactions smooth. It sounds like they handle a lot of high-end items, especially watches like Rolexes, and some customers have even flown in just to do business with them. They also do repairs and cleaning.

They seem to pride themselves on fair pricing and good customer service, with many reviews highlighting how quickly they can get you a deal or find a specific item you’re looking for. It’s not just about the sale, though; folks talk about the friendly atmosphere and feeling like they’re dealing with people they can trust.

Here’s a quick rundown of what they seem to buy:

• Diamond jewelry
• Estate jewelry
• Luxury watches
• Other valuables

It looks like they have a wide selection if you’re also looking to buy, with many customers coming back for more purchases.

The Mulligan Mint, often called M2, started up back in 2012. They’re known for making gold, silver, and copper rounds with all sorts of different designs. It’s pretty impressive, actually – they can churn out around 30,000 troy ounces of these rounds daily. What sets them apart is that they produce proof-like and actual proof bullion rounds in all three metals. So, if you’re looking for something specific, they also do custom rounds, alongside their own themed creations. You’ll commonly find their silver rounds in 1-ounce and 5-ounce sizes, and their gold rounds are often 1/10 ounce. While they’re not a local Austin shop you can walk into, they do operate out of a PO Box in Dallas, TX, and can be reached by phone.

While The Mulligan Mint is a manufacturer and not a traditional coin shop where you’d walk in to sell, they are a significant player in the precious metals market. If you have their specific rounds or custom mint pieces, understanding their production and focus is key to finding the right buyer or understanding their value.

If you’re looking to sell medallions that are from The Mulligan Mint, you’ll want to consider a few things:

• Identify the Metal: Is it gold, silver, or copper? This is the biggest factor in determining value.
• Check the Weight and Purity: Look for markings on the medallion itself. Standard weights like 1 oz or 1/10 oz are common, and purity (like .999 fine silver) is important.
• Note the Design: While M2 makes many rounds, unique or limited-edition designs might fetch a different price than standard issues.

Their main business is production, so selling to them might be more their model than selling from you directly, unless you have a large quantity or specific type of bullion they are looking to acquire for their inventory. For selling, you’d likely be better off with a dealer who buys bullion and numismatic items.

So, you’ve got medallions you’re looking to turn into cash right here in Austin. We’ve gone over a few places that might be a good fit, from shops that deal with all sorts of coins and precious metals to those that might be more specialized. Remember to do your homework before you head out. A quick call ahead to check their current buying prices and what they’re looking for can save you a lot of time. Getting a couple of different opinions on your items is usually a smart move too. Good luck with your sale!

You can sell various types of medallions, including those made of gold, silver, platinum, or other precious metals. Many places also buy collectible or rare medallions, even if they aren’t made of precious metals.

The value usually depends on the metal it’s made from, its weight, its rarity, and any special markings or historical significance. Precious metal content is often the biggest factor.

It’s a good idea to call ahead and check. Some places might prefer appointments, especially if you have a large collection or a particularly rare piece, to ensure they have an expert available.

Most buyers offer cash for your medallions. Some might offer a check or even allow you to trade your medallion for other items, like jewelry or other coins.

It’s smart to get quotes from a few different buyers. This way, you can compare offers and make sure you’re getting a fair price for your medallion.

Generally, when you sell items like medallions to a dealer, you’re selling them, and the buyer is purchasing them. Taxes usually apply when you buy things. However, it’s always best to ask the buyer directly about any tax implications.

If you have any paperwork, like receipts, certificates of authenticity, or information about the medallion’s history, bring it along. It can help the buyer assess its value.

Many dealers are happy to buy entire collections. If you have multiple medallions or other coins and precious metals, they can often appraise the whole lot for you.