Hunting for a trustworthy coin or precious metals specialist in the heart of Chicago? Are you looking for a reputable Illinois-based dealer specializing in collectible U.S. currency? Dive into Morris Coin Shop, a gem in Illinois, showcasing an expansive array of collectible coins, U.S. notes, and valuable metals.
Thinking about investing in coins, unique paper money, or precious metal items from them? Let's dive into an unbiased evaluation of Morris Coin Shop to guide your choice and determine if they fit your needs.
Product: Unique Coins, Distinctive U.S. Currency, and Precious Metal Treasures.
Head: Phil Anderson
Cumulative Score: 4.0/5
Discovering Morris Coin Shop
For over a quarter-century in downtown Morris, IL., Phil Anderson has been the proud owner of the esteemed Morris Coin Shop. This establishment stands out in the greater Chicago vicinity for its impeccable customer relations, fair pricing, and diverse range of products.
Here's what you can expect from their sought-after collection:
A variety of U.S. collectibles like silver dollars, up-to-date U.S. commemorative coins, and the iconic Lincoln cents.
An assortment of collectible U.S. bills, from larger notes to fractional denominations.
A spectrum of precious metal coins such as the American Eagle, Canadian Maple Leaf, and the renowned South African Krugerrand gold coins.
Classic U.S. gold coins, namely the U.S. quarter eagles ($2.50), half eagles ($5), eagles ($10), and the grand double eagles ($20).
Bars made from pure gold and silver.
An array of platinum products, both coins and bars.
Actively Buying Coins, Paper Money, and Precious Metals at Morris Coin Shop
Planning to sell your coins or valued metals? Morris Coin Shop is keenly purchasing collectible coins, precious metals, and unique U.S. currency.
Items they're especially interested in are:
Silver dollars, both Morgan and Peace types.
Gold jewelry fit for scrapping.
Silver coins from the U.S., especially those with 90% junk grade.
Additionally, they're scouting for:
U.S. coins of distinction certified by top agencies like NGC and PCGS.
Historic U.S. paper money from before 1928 of a larger size.
Collector favorites include buffalo nickels, Franklin Half dollars, and the Seated Liberty series.
Advantages & Disadvantages of Partnering with Morris Coin Shop?
Like any enterprise, engaging with Morris Coin Shop has its strengths and challenges. Based on a chat with the owner and feedback from real Google reviews, here's a handy list to guide your decision:
Advantages
The staff is typically warm and approachable. ("Engaging with the man there was a delight.")
Their pricing, whether buying or selling, is generally fair. ("Phil stands out with transparent and fair deals.")
A standout perk they provide is bulk buying options for sought-after bullion coins, including lower-grade silver dollars and American Eagle bullion coins. This often leads to more competitive rates on metals.
Drawbacks
The store layout appears cluttered. ("Lots of stock, yet it's in heaps, stacks, and containers behind desks.")
Price flexibility isn't their strong suit. ("Price discussions aren't entertained.")
A potential hiccup is their absence online. This poses a challenge if you're outside Chicago since they need an online purchasing option.
Final Verdict
Should you find yourself in the broader Chicago vicinity, it's a good idea to pop into Morris Coin Shop. While there may be a bit of disarray, their offerings and friendly service make up for this small hiccup.
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With over 20 years in the financial industry, Mike specializes in Gold IRAs and precious metal investments. Inspired by his family's history and the financial wisdom of his grandfather, Mike is passionate about helping individuals secure their retirement through stable and guaranteed assets. A Certified Financial Planner™ and Chartered Financial Consultant®, he's a trusted voice in the financial community.