Hours: Mon-Fri 10am-5pm; Saturday 9am-3pm

10233 IN-662, Newburgh, IN 47630


FAQS

Frequently Asked Questions

  • Why should I do business with Capitol Coin?

    We offer a wide variety of services, many of which are free.  We are locals who love serving the local community.  The Better Business Bureau has given us an A+ rating and we have dozens of positive reviews on Google.  We treat our customers with fairness and respect.  We invite you to check us out and see just what all the hype is about 

  • Do you grade coins?

    We have spent many years learning the art of coin grading and we can provide our opinion of the grade of your coins.  While we do have years of training and experience in grading coins, we do not officially certify your coins.  If you want your coins professionally graded and encapsulated in a plastic holder, we are an authorized dealer submitter for NGC and PCGS and would be happy to submit your coins on your behalf.  You would simply pay the NGC or PCGS fees.  We do not add any charges for this service. 

  • When were circulating American coins made out of silver?

    • Dimes and quarters:  1964 and prior
    • Half dollars:  1970 and prior
    • Dollars:  1935 and prior

  • I have a coin from the 1800’s. It has to be valuable, right?

    Just because a coin is old doesn’t make it valuable.  For example, many ancient coins from 2000 years ago are worth just a few dollars.  Many factors determine the value of a coin, and we can help you gain a better understanding of why your coins are valuable (or not). 

  • Should I clean my coins before bringing them to you?

    Simply stated, NEVER clean your coins.  Cleaning them will severely reduce their value by doing irreversible damage which makes them less desirable to collectors.

  • I’ve looked up my coins online and it says they are worth thousands…

    Be very cautious about doing research on Google, Etsy, or similar websites.  There is an incredible amount of BAD information out there.  We suggest that you bring your coins to us for a free, honest, no-obligation evaluation.

  • Is now a good time to buy gold or silver?

    While we don’t claim to be able to predict the metals markets, we have seen a large increase in people coming to us to buy both gold and silver, in part due to worries about the economy.  Gold and silver have proven to be excellent hedges against inflation over the years.

  • I have a 1943 “silver” penny. What is it worth?

    In 1943, the U.S. Mint began using zinc coated steel to produce cents as copper was needed for the war effort.  1943 steel cents are not rare.  Indeed, over 1 billion were minted and they are worth about the same as other common-date wheat cents.

Any Other Questions?

Call or stop by and see us! We are open from 10-4 during the week and from 9-3 on Saturdays. Our phone number is (812) 490-1090. We are located on Indiana 662 (Covert Avenue), about a half mile east of the I-69 bypass, behind Reed’s Auction Barn. Our address is 10233 Indiana 662, or you can type Capitol Coin in Google Maps.

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