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Coin shops in shopping malls. Do you remember these and have you ever been to one?

SanctionIISanctionII Posts: 12,580 ✭✭✭✭✭
I remember a large coin shop in a Denver area shopping mall (Cinderella City in Englewood; built in the late 1960's and torn down 10-15 years ago). It did regular, steady business for many years (including me in the 1970's) and was going bonkers in 1979-1980 during the silver & gold price run up.

Do you remember any such shops and did you partonize same? If so, when and where?

BTW, the only such shop I know of now is located in Mission Viejo Mall in So. Cal. It has some nice stuff, but its prices are retail, plus, plus.

They probably have high rent and overhead, but also probably make good money given the demographic area it is located in (affluent areas have people who have the mind set that they will only buy something that has a high price tag on it sitting in a high rent district location [a friend of mine has a retail store selling home accent items in a pricey area; and who found that unless and until she tripled the asking prices on her inventory, the customers in the pricey area just would not buy from her]).

Also, I remember coins being sold in Woolworths, Macy's and Costco over the past 40+ years.

Comments

  • Walkerguy21DWalkerguy21D Posts: 11,694 ✭✭✭✭✭
    Yes, I remember Ed's Coins at the Woodville Mall outside of Toledo OH many years ago. Ed used to wear a sidearm in a holster while in the shop. I'm sure he was gone well before 1980. At the same mall, it may have been the Sears or Woolworth store that had one of those glass cases with the rotating display shelves full of coins also.
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  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    I used to work in one in the late 70's. It was a good buying location. Safe too, or so we thought - until someone broke into the bakery next door and climbed into the shop through the ceiling.

    Rockaway Townsquare Mall, Rockaway NJ. The store was The Coinery.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • LanLordLanLord Posts: 11,723 ✭✭✭✭✭
    Jack Beymer is located in a mall in Santa Rosa. He seems to do decent business.
  • Northland Mall outside of Detroit had a small coin and stamp dealer in the lower concourse. I had no idea what I was looking at back then so I do not know if he had a decent assortment.
    SOCIALIZED MEDICINE: The wealthiest class treats the lowest class and sends the bill to the middle class.
  • 291fifth291fifth Posts: 24,681 ✭✭✭✭✭


    << <i>Northland Mall outside of Detroit had a small coin and stamp dealer in the lower concourse. I had no idea what I was looking at back then so I do not know if he had a decent assortment. >>



    It was in the Hudson's store. It closed some years ago. I wonder if any department stores have a coin and stamp department today?
    All glory is fleeting.
  • What is this thing you call a shopping mall? image
    imageQuid pro quo. Yes or no?
  • Bayard1908Bayard1908 Posts: 4,092 ✭✭✭✭
    When I was a kid, there was a coin kiosk in the middle of the mall, about like how they promote cell phones in the mall today. You could walk right up to cases of coins at eye level. I was fascinated by it at the time, not exactly sure which suburban Chicago mall though.
  • krankykranky Posts: 8,709 ✭✭✭
    I knew of two in Pittsburgh - one in Monroeville Mall and one in Eastland Mall. Any time my mother was going shopping at either one I would tag along and spend the entire time leaving greasy fingerprints on the display cases. Looking back I am thankful they never kicked me out even though I never had any money to buy anything.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • OneCentOneCent Posts: 3,561
    For those of you familiar with Philadelphia, there was a famous department store by the name of John Wannamaker's. Housed in a classic 15 story stone building that was erected sometime around 1900...classic, classic old school department store. The national chains finally caught up with them and they went out of business around 2000 after 100+ years in operation.

    Anyway, as a kid my grandmother would take me there on a Saturday. I was invariably attracted to the massive toy department and nice sized coin and stamp department. Interestingly, the stamps at the time were more predominant than the coins. I think that the coin and stamp department went out sometime around 1975/76.
    imageimage
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  • mozeppamozeppa Posts: 4,431 ✭✭✭
    Engles had a shop in the castleton square mall here in indianapolis indiana...up to about 4 or 5 years ago.

    now they are on founders lane near the pyramids.



    .also i'm told they prefer to just deal in bullion metals these days....t that info second hand...could be wrong.)

  • CoinosaurusCoinosaurus Posts: 9,644 ✭✭✭✭✭


    << <i>When I was a kid, there was a coin kiosk in the middle of the mall, about like how they promote cell phones in the mall today. You could walk right up to cases of coins at eye level. I was fascinated by it at the time, not exactly sure which suburban Chicago mall though. >>



    Yorktown Mall in Lombard (western suburb) had such a setup around 1970.


  • << <i>

    << <i>Northland Mall outside of Detroit had a small coin and stamp dealer in the lower concourse. I had no idea what I was looking at back then so I do not know if he had a decent assortment. >>



    It was in the Hudson's store. It closed some years ago. I wonder if any department stores have a coin and stamp department today? >>



    There may have been a coin department in Hudsons, but there was also a coin and stamp shop in one of the lower levels next to the Coney Island. He dates back to at least the late 60's. I remember my Grandmother yelling at the guy because he was selling a nice $2 bill for $12 and would only give her $4 for her wrinkled up, example.
    SOCIALIZED MEDICINE: The wealthiest class treats the lowest class and sends the bill to the middle class.
  • partagaspartagas Posts: 2,056 ✭✭✭
    There still is one in Fort Wayne, Indiana

    Been there since the 80's. As a kid I would go and buy stuff, still do to this day. The name is A-Z Stamp and Coin. Same owners, but there kids run it mostly now.
    If I say something in the woods, and my wife isn't around. Am I still wrong?
  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>Do you remember any such shops and did you partonize same? If so, when and where? >>

    No coin shops, but Sears and Newberry's each had a coin/stamp department in SoCal the 60s.
  • DropdaflagDropdaflag Posts: 810 ✭✭✭✭✭
    There was one in Edgewater Mall Biloxi MS, It closed about a year ago the old man and his wife passed away I think.
  • ConnecticoinConnecticoin Posts: 13,109 ✭✭✭✭✭
    There was a coin shop in the Westroads Mall in Omaha that I frequented when I was a kid in the 1970s. There was also one in the Rockbrook strip mall in Omaha.
  • Yes I loved these as it made a boring shopping trip with the wife an added value retreat I could possibly find something I wanted even if it was just circ or unc junk under $20. I would just double up on these and throw them in my junk box.

    Unfortunately I don't know of any locally as I would think the high overhead coupled with the slow economy and a larger population of collectors who won't pay retail would drive them out of business.
  • 291fifth291fifth Posts: 24,681 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Northland Mall outside of Detroit had a small coin and stamp dealer in the lower concourse. I had no idea what I was looking at back then so I do not know if he had a decent assortment. >>



    It was in the Hudson's store. It closed some years ago. I wonder if any department stores have a coin and stamp department today? >>



    There may have been a coin department in Hudsons, but there was also a coin and stamp shop in one of the lower levels next to the Coney Island. He dates back to at least the late 60's. I remember my Grandmother yelling at the guy because he was selling a nice $2 bill for $12 and would only give her $4 for her wrinkled up, example. >>



    The one in the Northland Hudson's store had been there since 1983, when the Downtown Detroit Hudson's store closed.

    I also recall a coin shop, not connected to Hudson's, that operated in the Westland Mall in the 1970's-early 1980's?
    All glory is fleeting.
  • WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭
    Yes, we had one here in one of the malls at one of the lesser used entrances, oh maybe 20 years ago. The prices on everything they sold reflected the amount they had to pay monthly in order to rent the place. It lasted for a couple of years and one day it was just gone, lock, stock & barrel.

    I never bought a thing, went in numerous times to see if anything had changed…nope, even higher prices!

    Goodbye Joe!
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  • GeminiGemini Posts: 3,085
    My very first Civil War token "Our Little Monitor" I picked up in a jewelry store that was located in a mall about 35 years ago.
    A thing of beauty is a joy for ever
  • 66RB66RB Posts: 2,516 ✭✭✭


    << <i>I used to work in one in the late 70's. It was a good buying location. Safe too, or so we thought - until someone broke into the bakery next door and climbed into the shop through the ceiling.

    Rockaway Townsquare Mall, Rockaway NJ. The store was The Coinery. >>



    That's the one I was thinking of, couldn't remember the name of it as it went out of business sometime on the 80's. I was in there quite a few times in the early 80's and I don't remember ever buying anything.
  • Gimbel's in the Green Acres Mall in Valley Stream, NY had a basement coin counter back in the 1970s that I would spend time looking at the the items in the glass showcases. That's the first time I saw cameo silver proof sets and was absolutely wowed over.
    I recall reading recently that this sort of thing was like a sublet deal.
  • jfoot13jfoot13 Posts: 2,677 ✭✭✭


    << <i>I knew of two in Pittsburgh - one in Monroeville Mall and one in Eastland Mall. Any time my mother was going shopping at either one I would tag along and spend the entire time leaving greasy fingerprints on the display cases. Looking back I am thankful they never kicked me out even though I never had any money to buy anything. >>



    I seem to remember one in Southhills Village too
    If you can't swim you better stay in the boat.......
  • SanctionIISanctionII Posts: 12,580 ✭✭✭✭✭
    Lots of coin shops in malls across America a generation ago. Most no longer in business.

    Jack Beymers in Coddington Mall in Santa Rosa, Cal. is one I forgot about. I stopped by multiple times years ago when I would go to court in Santa Rosa. Have not been there for years. Maybe I will go back some day.
  • RMLTM79RMLTM79 Posts: 549 ✭✭✭


    << <i>Yes, I remember Ed's Coins at the Woodville Mall outside of Toledo OH many years ago. Ed used to wear a sidearm in a holster while in the shop. I'm sure he was gone well before 1980. At the same mall, it may have been the Sears or Woolworth store that had one of those glass cases with the rotating display shelves full of coins also. >>



    Cool a fellow Toledoan.

    I don't remember any coin shops in malls as I have only been in the hobby for 3 years.image But I do remember alot of baseball card shops and card shows in malls. Both of which I don't see anymore.
  • Century Coins in Birmingham AL...located in Century Plaza mall (which is also now closed). I was a regular as a kid...but Tom got sick and had to close down.
  • ElmerFusterpuckElmerFusterpuck Posts: 4,793 ✭✭✭✭✭
    I could have sworn there were a couple of them in the Mall of America in the late 90's, but are gone now. They sold mostly bullion, but I did see slabbed gold coins there.

    Here in San Antonio, the now defunct Joske's store sold coins within their store. Picked up many a nice circulated Lincoln cent there in the early 80's. The best one I remember is an EF 1926-S cent I got there for $1.89

    I've been to the shop mentioned in the Castleton mall in Indianapolis years ago. Also remember a Reed Walton Coins in the old Pembroke mall in Hampton, Va in the late 70's.

    Those places were interesting in their own way, but I prefer the WWW by far...
  • LmmanLmman Posts: 156 ✭✭


    << <i>There was a coin shop in the Westroads Mall in Omaha that I frequented when I was a kid in the 1970s. There was also one in the Rockbrook strip mall in Omaha. >>




    There is still a coin shop in the Westroads Mall
    Donavan
  • morganbarbermorganbarber Posts: 1,821 ✭✭✭
    Mickey's Money Market in Randallstown MD. One of the nicest guys in numismatics.
    I collect circulated U.S. silver

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