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Mid South Coin Co Inc

Appraisals - Antiques/Jewelry/Items

About us

Rare coin and bullion sales and/or purchases to the hobbiest and serious investor. Appraisal services. (probate, insurance, etc.) Coin collecting supplies and reference materials.

Business highlights

46 years of trusted experience

Services we offer

Buying, Selling, appraisal services.

Amenities

Warranties
Yes

Reviews

1.01 Reviews
Number of StarsImage of DistributionNumber of Ratings
5
0%
4
0%
3
0%
2
0%
1
100%


Rating CategoryRating out of 5
quality
1.0
value
1.0
professionalism
1.0
responsiveness
1.0
punctuality
1.0
Showing 1-1 of 1 reviews

Martha M S.
05/2011
1.0
jewelry appraisal
  + -1 more
I had called a few places to see what kind of exchange I might be looking at. The owner of the shop told me that he would buy gold coins, taking a 6% rate -- which was the best rate I found that day. Unfortunately, I didn't notice a review in Google maps, or I would have known better than to go to him. He seemed very nice but, although he claimed to know all there is to know about coins, he said he didn't know what my coins were. He told me it didn't matter, that he bought them by weight, and although I had only handed him one, he asked to see the rest (there were a total of twelve in one denomination, with a singleton of another). Despite having a computer right there, and a secretary with another computer at her desk, he pulled out an ancient book and made a big show of not being able to find my coins. Unfortunately, I didn't have the receipt for the original purchase of the coins with me, and hadn't checked it beforehand. The store in question has been around for quite some time, and I had (wrongly) thought it was an aboveboard, reliable business. He seemed to know what he was talking about, I was in a hurry and am not terribly assertive or aggressive. I hadn't planned on selling them all, but being a fast talker, he managed to spin me out of the store with cash and -- as I realized upon my return home -- no receipt. Since it was a Friday and I had arrived at closing, I had to wait until the following Monday to call about the missing receipt. They were terribly confused about why I would want a receipt at all, but the secretary said I could come in and get one the next day. Tuesday I went in, and the owner wrote out a receipt for me: he told me the coins had been Philarmonics, but he was totally at a loss as to what I needed a receipt for. He asked if he should put my name on it, and I said No, but it would help if he put the store's name on it so it showed where the transaction had been made. I got home and started realizing I 'd been had but good. He wrote down that the coins were quarter ounce Philarmonics -- when I went to look at my original purchase receipts, I found 1000 shilling pieces, but nothing about Philarmonics. It took my going on the Internet to discover that 1000 shilling Philarmonics are half ounce, not quarter ounce coins. He had paid me less than half of what the coins were worth -- being that he also totally lied about the exchange rate for the day when I was in the store (that he did look up on the internet while I was there). Needless to say, he insisted that he knew all there is to know about coins, and that he would have known automatically what any coin was without having to look it up -- he didn't remember our transaction clearly, but the upshot was that he claimed I was lying and that the company I bought the coins from was lying, and that he owed me nothing. He then told me to get out of his store.
Description of Work: Bought gold coins from me.

Rating CategoryRating out of 5
quality
1.0
value
1.0
professionalism
1.0
responsiveness
1.0
punctuality
1.0


    Contact information

    3894 Park Ave, Memphis, TN 38111

    midsouthcoin.com

    Service hours

    Monday:
    9:30 AM - 5:00 PM
    Tuesday:
    9:30 AM - 5:00 PM
    Wednesday:
    9:30 AM - 5:00 PM
    Thursday:
    9:30 AM - 5:00 PM
    Friday:
    9:30 AM - 5:00 PM
    Saturday:
    9:30 AM - 4:00 PM

    Licensing

    Insured
    State Contractor License Requirements

    All statements concerning insurance, licenses, and bonds are informational only, and are self-reported. Since insurance, licenses and bonds can expire and can be cancelled, homeowners should always check such information for themselves. To find more licensing information for your state, visit our State Contractor License Requirements page.

    *Contact business to see additional licenses.


    Service Categories

    Appraisals - Antiques/Jewelry/Items

    FAQ

    Mid South Coin Co Inc is currently rated 1 overall out of 5.

    Monday: 9:30 AM - 5:00 PM

    Tuesday: 9:30 AM - 5:00 PM

    Wednesday: 9:30 AM - 5:00 PM

    Thursday: 9:30 AM - 5:00 PM

    Friday: 9:30 AM - 5:00 PM

    Saturday: 9:30 AM - 4:00 PM

    No, Mid South Coin Co Inc does not offer free project estimates.
    No, Mid South Coin Co Inc does not offer eco-friendly accreditations.
    No, Mid South Coin Co Inc does not offer a senior discount.
    No, Mid South Coin Co Inc does not offer emergency services.
    Yes, Mid South Coin Co Inc offers warranties.
    Mid South Coin Co Inc offers the following services: Buying, Selling, appraisal services.

    Contact information

    3894 Park Ave, Memphis, TN 38111

    midsouthcoin.com

    Service hours

    Monday:
    9:30 AM - 5:00 PM
    Tuesday:
    9:30 AM - 5:00 PM
    Wednesday:
    9:30 AM - 5:00 PM
    Thursday:
    9:30 AM - 5:00 PM
    Friday:
    9:30 AM - 5:00 PM
    Saturday:
    9:30 AM - 4:00 PM