Frequently Asked Questions

General Questions:

  • Where is Preacherbill's Coins located?

    Preacherbill's Coins has a physical shop located in Midland, TX, where you can visit us to explore our extensive selection of coins, gold, silver, autographs, and more.

  • What kind of items do you offer at your coin shop in Midland, TX?

    At our Midland, TX shop, Preacherbill's Coins offers a wide variety of items, including coins and other numismatics, gold bullion, silver bullion, gold jewelry, silver jewelry, and autographs and collectibles.

  • Is Preacherbill's Coins a trustworthy coin dealer in Midland, TX?

    Yes, Preacherbill's Coins is a reliable and honest business with over 40 years of experience in the coin industry. Our owner, Bill Welsh ("Preacher Bill"), started in 1979 and has built a reputation for fair and competitive pricing and transparent customer service in Midland, TX.

  • Does Preacherbill's Coins offer appraisals for coins and bullion in Midland, TX?

    Yes, Preacherbill's Coins provides trustworthy appraisal services for your coins, gold, and silver in Midland, TX. Our experienced professionals will carefully analyze your items to provide an accurate valuation.

  • Can you help me complete my coin collection in Midland, TX?

    Absolutely! Preacherbill's Coins in Midland, TX specializes in helping coin collectors find the specific pieces they need to complete their collections. Visit our shop to see our current inventory.

Buying and Selling:

  • Do you buy coins in Midland, TX?

    Yes, Preacherbill's Coins is interested in buying your coins in Midland, TX. We assess and value a variety of coins, including rare items. Bring your collection to our shop for a trustworthy appraisal.

  • Where can I sell my gold jewelry in Midland, TX?

    You can sell your gold jewelry, including unbroken, broken, damaged, and unwanted pieces, at Preacherbill's Coins in Midland, TX. We base our pricing on current gold prices.

  • Does Preacherbill's Coins buy silver in Midland, TX?

    Yes, we purchase silver, including silver bullion and silver jewelry, in Midland, TX. Contact us or visit our shop to discuss selling your silver items.

  • I'm looking to invest in gold bullion in Midland, TX. Can you help?

    es, Preacherbill's Coins carries gold bullion in Midland, TX as a tangible investment option. We can help you find the right gold bars for your investment needs and ensure their authentication.

  • Where can I find silver bars for investment in Midland, TX?

    Preacherbill's Coins offers silver bars in Midland, TX as a way to diversify your investments. We authenticate and verify all our silver bullion.

  • Do you purchase autographs and collectibles in Midland, TX?

    While our primary focus is on coins and precious metals, we do occasionally purchase autographs and collectibles in Midland, TX. Please contact us with details about what you have to offer.

Our Expertise and History:

  • Who is Preacher Bill?

    Bill Welsh, also known as Preacher Bill, is the owner of Preacherbill's Coins in Midland, TX. He has been involved in numismatics and ministry since 1979 and has a deep passion for coin collecting.

  • What experience does Preacherbill's Coins have in the coin industry?

    Preacherbill's Coins has over 40 years of experience in the coin, gold, and silver industry, starting with the first coin shop in 1979. Our long history in the business ensures our expertise and knowledge.

  • Is Preacher Bill a member of any numismatic associations?

    Yes, Bill Welsh is a lifetime member of the American Numismatic Association (ANA) and a lifetime member of the Texas Numismatic Association (TNA). He also served as a governor of the TNA for many years.

Specific Items and Services:

  • Do you carry rare coins in Midland, TX?

    Yes, Preacherbill's Coins in Midland, TX has a selection of coins of varying rarities, as well as rare paper money. Visit our shop to explore our unique pieces.

  • Can you help me find a specific coin I'm looking for in Midland, TX?

    Our experienced coin sellers at Preacherbill's Coins in Midland, TX can assist you in finding specific coins to complete your collection. Contact us or visit our shop with your needs.

  • Do you offer gold and silver jewelry in Midland, TX?

    Yes, Preacherbill's Coins in Midland, TX has a lovely selection of gold jewelry, silver jewelry, and pendants to suit various tastes.

  • Where can I find sports autographs and memorabilia in Midland, TX?

    Preacherbill's Coins in Midland, TX sources sports autographs and memorabilia, offering a variety of unique pieces for collectors. Visit our shop to see our current selection.

  • What kind of autographs do you carry in Midland, TX?

    We offer exclusive autographs from individuals in various fields at our shop in Midland, TX. Our selection is constantly evolving, so be sure to visit us to see what's new.

Contacting Us:

  • How can I contact Preacherbill's Coins in Midland, TX?

    You can call us at 432-222-0160 to speak with one of our coin sellers or visit our shop in Midland, TX.

  • How do you determine the price you pay for gold and silver coins in Midland?

    We base our offers on current spot prices for gold and silver, evaluated at the time of your appraisal. The coin's metal content, weight, and condition all factor into the final offer, so you always know exactly what drives the number you're quoted.

  • Who buys gold and silver coins for the best price in Midland, TX?

    Preacherbill's Coins buys gold and silver coins at competitive, spot-price-based rates right here in Midland. We provide free, no-obligation appraisals so you can see what your coins are worth before you decide to sell.

  • Do I need an appointment for a coin appraisal, or can I walk in?

    You can walk in without an appointment for a free, no-obligation appraisal. Bring your coins in at your convenience and we will evaluate them on the spot, with no pressure to sell.

  • Do you buy junk silver and pre-1964 coins?

    Yes, we buy junk silver and pre-1964 coins, including dimes, quarters, and half-dollars with 90% silver content. These coins are valued based on their silver melt value relative to the current spot price, and we accept them in any quantity.

  • What is the difference between bullion value and numismatic value?

    Bullion value is based purely on a coin's metal content and the current spot price of gold or silver. Numismatic value is the collector premium a coin can carry above its melt value due to rarity, grade, or historical significance — and we assess both when we appraise your coins.

  • What types of gold and silver coins do you buy?

    We buy a wide range of gold and silver coins, including U.S. and foreign bullion coins, pre-1964 silver coins, rare and collectible numismatic coins, and gold coins of all denominations. If you are unsure whether your coins qualify, bring them in for a free evaluation.

  • Is the appraisal process at Preacherbill's Coins really free and no-obligation?

    Yes, our appraisals are completely free and carry no obligation to sell. We examine your coins, explain our valuation, and the decision to sell is entirely yours.

  • How does the spot price of gold or silver affect what I get paid for my coins?

    Spot price is the real-time market value of gold or silver per troy ounce and is the primary benchmark we use to calculate offers on bullion and junk silver. Because spot prices fluctuate daily, the offer you receive reflects the market on the day of your visit.

  • Can I sell just a few coins, or do you require a minimum quantity?

    There is no minimum quantity required — we buy single coins as readily as large collections. Whether you have one silver dollar or an entire estate collection, we provide the same thorough, honest appraisal.

  • Do you buy gold and silver coins from estate collections in the Midland area?

    Yes, we regularly purchase coins from estate collections throughout the Midland area. Estate lots often contain a mix of bullion and numismatic pieces, and we evaluate each coin individually to ensure you receive an accurate, fair offer for everything in the collection.

  • How do I know I am getting a fair price when I sell my coins in Midland?

    Our offers are tied directly to published spot prices and verifiable grading standards, so you can cross-reference the market rate yourself before or during your visit. We walk you through the valuation on every coin so the pricing is fully transparent.

  • What should I bring when I come in to sell gold or silver coins?

    Bring your coins in whatever condition or packaging they are currently in — cleaning or sorting them beforehand is not necessary and can sometimes reduce their value. A valid government-issued ID is typically required for transactions, and that is all you need to get started.