The Frederick Coin Exchange

Reviews

• HG

  Harold Gay

  5 days ago
  5.0
  I bought some silver ingots and silver coins on an online auction and took them to Frederick Coin Exchange. Unfortunately, I’m not up to speed on how things work with the market and how these items would be purchased. I learned a lot and they worked with me to help me achieve a price that made us both happy. I’m much wiser now and made a little money on my investment. Thank you for educating me and working with me.
• RS

  Robert Scanlon

  Mar 8, 2026
  5.0
  Dear Frederick Coin Exchange, Just wanted to share this review of Emily. She helped me with the sale of my gold coins and silver bars last Friday, February 27. She was a pleasure to work with. Perfectly pleasant and professional! This was my first experience with you and I am very satisfied. Thank you very much. Sincerely, Bob Scanlon
• KK

  kimberlyn

  Mar 4, 2026
  1.0
  Service is bad I called today wanting to schedule an appointment and some lady answered and couldn’t help me schedule an appointment she was being rude and I asked for her name and she hanged up on me. Me and my dad are customers and it’s not our first time going. Very disappointed and don’t think we’ll be going back.
• AD

  Alice Dekker

  Mar 4, 2026
  5.0
  Wonderful experience at The Frederick Coin Exchange. To a person, everyone was helpful, professional, knowledgeable and courteous. I had the distinct pleasure of working with Emily who patiently and thoroughly and tirelessly carefully evaluated all the pieces of gold jewelry I brought in to be evaluated. From start to finish, a very interesting and satisfying experience. I’ll be going back.
• CL

  Chris Larsen

  Feb 19, 2026
  4.0
  This is a good coin and precious metal shop. I was treated well, the atmosphere is interesting and bubbling during the current silver spike. Significant number of staff, all of whom are trying to deal with the current situation. It is not frenetic, but it is buzzing. Be aware. Someone right beside you has a gigantic rubbermaid container of coins and flatware sitting right on the ground. There are many customers and persons present, interested, being tended, queing up, dropping in etc. WTTW: Register for an appointment, wear comfortable shoes, be ready to perch somewhere while the staff takes care of folks. There are different requirements for transactions of coins, eagles, gold, flatware, sterling, US coins, foreign things, jewelry; the need for scales, the need for experts etc. Your 1912 Wheat penny is taking time from the other 4 people waiting? They are trying. They all have specialities. Who you have helping you matters, and where they work, to do so, a bit as well. Going to the analytical balance or the Sigma XRF repeatedly takes time. Now for those of you who are stacking and watching the current metals markets, this review is for you; a frank bit of my experience, which was good overall here, with important detail you will be hard pressed to find unless you go through this experience as I did. I am not paid or incentivized in any way by anyone. Having a small but significant amount of sterling and coins, and dealing with another shop "L" previously, I was able to sell L my Kennedy Halves at 80 and 84% of scrap melt value (MV). To be fair this was right near peak spot of 97/oz, prior to peak. This competing shop did not accept my other sterling at that time, so I watched markets for a week, and then came to FCE. After a professional consult I was offered, and accepted, 61.5 % of MV for my sterling. Spot at that time was 79/oz fine. Now, this offer was less at 1.14 per g than my target of 1.79 that I was hoping for (2.20/g sterling online on this day) or ~80% of scrap MV. It is also notable to state that while 61% is much less than the 80% I had received earlier at shop L, that was admittedly for a different category of silver (kennedy halves at 40 and 90 percent) than the sterling scrap I brought in, perhaps lower quality but which the other shop would not purchase at all, in any case. So this was the option. Further, it was explained to me that the spike due to supply depletion caused lots of people to come out of society and sell, making coin shop dealers such as FCE willing to transact, to have to hold their silver longer and wait for refiners to get through the glut. Their margin needed to be set higher. This is all likely true and also corroborated by the fact that I attempted to sell to refiner E in Baltimore two days prior to avoid middlemen, but was told they are at capacity and shut off retail sales, only taking jewelers business output at wholesale. Ok... So, net transaction to me was somewhat over a hundred less than I had hoped, and I had traveled a hour since this kind of business is rare; but they were there, they were ready, open, willing, and professional. Could I have gotten more than the 60% MV, more towards the 80% MV at another shop, another time, another point, in the current humongous market fluctuation? Maybe. Possibly not. They need to make a living too. But we do not get to choose when hardship hits, where stores are, and what metals do internationally. There is no longer any metal in my home. But I am hopeful that we continue to live in a market where precious metals and coins are useful and viable, and I commend this shop for putting their chips on the table and proving some hard liquidity in a time of soft, inflating, derivative, or even virtual currency. Thanks.

Frequently Asked Questions About The Frederick Coin Exchange