Coin shops were never as plentiful as coffee shops, diners or gas stations, but you didn't have to look far to find one in any city or town in
America - even department stores had coin shops. As more and more business of all types moves online, we may be seeing the rebirth of the coin
department. This Greysheet blog item from CDN Publishing (published June 14, 2019) notes a new coin section on the site of retail giant
It's no secret that retail giant, Wal-Mart, has been investing very heavily on its e-commerce department — waging a full-scale attack on Amazon
and eBay. It's not surprising then to see them enter the numismatic fray as well. Tucked away in their "Jewelry" category, you'll find many modern
world issues, proof sets, and other retail-friendly items. Are better date coins next? Currently, APMEX and SD Bullion offer items on the site. I
expect we will see more in coming days, especially as this launch appears to coincide nicely with the rising bullion market.
Look close at the coin images. It's clear that these are generic photos and not images of the actual item you'll get. In place of the year
on several items is a poorly Photoshopped "Random date" label. -Editor
Of course, there's no folksy coin expert to tutor newbies, and the store is only for selling bullion and common coins - the public will have
to look elsewhere for less common coins or to sell their late uncle's collection.
These mass-marketing selections are driven by what the seller is able to assemble in quantity, everything from junk silver to Byzantine gold
solidi. The oddest thing I saw here was the roll of silver state quarters. -Editor
To read the complete article, see:
Wal-Mart Joins the Online Coin Market
To browse the Walmart Collectible Coins Department, see:
Wayne Homren, Editor
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