Mobile Bay Coins and Fine Jewelry 1.7.2025

Episode Transcript

Speaker 1 (00:06):
It's his news radio seven to ten WNTM. Uncle Henry
here once again with Ron and Anna of Mobile Bay
Coins and Fine Jewelry, Mobile Bay Coins and Find Jewelry
at twenty two to oh four Government Straight at Midtown Mobile.
You'll also fond them on Instagram, on Facebook. Their website
is Mobile Baycoins dot Com. So here we are in

(00:28):
twenty twenty five. How are things going at Mobile Bay
Coins and Find Jewelry. Has it slowed down any.

Speaker 2 (00:34):
I wouldn't say it's slowed down any If anything, it
might be picking back up because it's been Yeah, it's
been a busy, busy first few days for the month
for us.

Speaker 3 (00:45):
It's been yesterday and today. We're just like Christmas days,
it was really very busy.

Speaker 1 (00:51):
We'll talk about what are people buying or selling.

Speaker 3 (00:53):
Most, Well, yeah, it's good, it's good. Fifty to fifty,
it's that what you're looking forward to coinshop. It's be
nice to buy everything you sell. You don't have to
buy it from whstsalers are ordered in and we're not
totally there yet, but I mean we pay really strong,
so people that are smart shop stuff around. We appreciate it.
And we've been doing a lot of nice buys, not
just jewelry, and she's going to talk about that in

(01:13):
a second. But we've taken on a lot of nicest
states and we'll talk a little bit more. But I mean,
like ten dollars gold, Indians, ten dollars gold is very popular.
One of the estates had twenty eight of those in there,
so we have and those haven't cleared hold yet, but
we could review it with people and we could book
the sales now if they people want to, but we
can't actually deliver the goods not only about another week

(01:34):
and a half, two weeks, but a bunch of nice
twenty dollars gold pieces. Another estate has cleared and it
had probably ten fifteen ounces and certified PCGS, certified proof
American gold eagles. We could talk for the whole show
just about the stuff that's come in in the last
thirty days. So lots of neat stuff.

Speaker 1 (01:51):
So what do the precious metals think of twenty twenty five.

Speaker 3 (01:55):
They're off, they've been doing well. The first there was
a correct correction and was just right around the holidays.
Silver dropped under thirty dollars for the first time in months,
and gold didn't drop under twenty six hundred state above,
so gold strong. It's back up over twenty six I
think sixty today right somewhere on there, and silver is
hovering right at thirty dollars an ounce, so strong, and

(02:15):
a lot of people are taking it as a positive
that there was a price correction and those are healthy.
We talk about that all the time. You want to
see that. You don't want to see just a run
up without any corrections. And people that watch for those
who've been coming in and buying. So we've had a
lot of large bullion arders, which is nice because we've
been buying lots of bullions, so it goes hand in hand,
so lots of cool stuff. If somebody's a newbian doesn't

(02:37):
really understand how to do it or how we would
recommend you do it, they can come by the shop.
You don't have to spend a dime and sit there
and go through show you different types of gold, how
to how for a novice can tell in most cases
whether or not something's real a lot of times by
holding it and looking at it to really test it.
You want to have the right equipment. But like those
eighteen care chains we just got in as long as

(02:59):
you have a magnet with with you. If that's heavy
and dense feeling and you stick a magnet doesn't stick
to it, it's either uranium or something heavier, which is
it gonna kill you, or it's gold or platinum, pladium,
something heavy and the people it's easy to learn that stuff.
Not everybody has a rare earth magnet on them to test,
but you want to have a magnet because regular steel,
stainless steel weighs almost the same as gold. You got

(03:21):
to be careful.

Speaker 1 (03:22):
How is the bullion inventory.

Speaker 2 (03:25):
It's been We've built quite a collection over the holidays,
a lot of people coming in and selling and some
people were buying. But we have a lot of silver
and gold and stock right now. Like Ron's saying, there's
a lot of different estates too, with different types of coinage,
some bullyon, some collectibles, and there's some hundred downs bars coming.

(03:46):
There's silver rounds, you know, just five ounce bars. We're
gonna have a lot of those. For a while. That
was a popular during the holidays, a lot.

Speaker 3 (03:53):
Of bumming out. Then we sold them all and then
we bought a huge, huge lot of them, so yeah,
they're back in stock. Lots of neat stuff. Like we were
just talking about. There is an amazing amount of new
things that have come in over the last few weeks.

Speaker 2 (04:05):
Yeah, silver eagles, We got rolls of silver eagles.

Speaker 4 (04:08):
We have.

Speaker 2 (04:09):
Something else you mentioned was those one and a quarter.

Speaker 3 (04:12):
Ounce from New Guinea.

Speaker 2 (04:14):
From New Guinea coins that we're trying to Those are
a hot deal. I would say, we're trying to clear
those out there, Queen Elizabeth twenty twenty two, the East
India Company. But they're monetarized and normally they sell for
a bit of more premium. But we have quite a
few of those availables.

Speaker 3 (04:31):
So yeah, you're an inventory. We realized we had a
lot of those, so I'm like, hey, let's do a sale.
So a lot of times people don't like odd size
items right when they're stacked. They want to get one
out stuff now, I personally and a lot of guys
do collect silver bars that are odd size, but not
stuff that's made currently. Stuff from the forties and fifties
and stuff from the eighteen hundreds was never almost ever,

(04:53):
never announced because all they did was melt poor approximate
and stamp the actual weight. That's why a lot of
the stuff you'd see from San Francisco trading. Back in
the day, they would melt it, stamp it. It was always
an odd weight. It was just an assay. I would
assay it is a fineness like nine point ninety one
seven and then put thirty two point one seven ounces.
Those gold bars trade for unbelievably large amounts of money

(05:13):
in these days. So I'm talking stuff from the gold Rush,
but still stuff from the forties, fifties and sixties and silver.
Our gold are very collectible. So if you have those
in an estate, don't just go sell them somewhere for spot.
Bring them somewhere like Mobile bay Coins where we can
pay you what those items are worth.

Speaker 1 (05:28):
Again, Mobile Bay Coins and Fine Jewelry is at twenty
two oh four Government straight in Midtown Mobile Mobile bay
Coins dot Com. So the President Donald Trump is going
to be sworn in again this month. Do you have
plenty of Trump merchandise if people want to buy Trump coins,
Trump rounds, Trump bullion.

Speaker 2 (05:47):
Yes, they just came in on Monday. We restocked on
the different Trump designs. The forty fifth presidency sold out.
There is no more of those, but we still have
the mug shot design. They call it the Don never surrenders,
just him holding up the mugshot sign just as never surrender,
and then the fight one for and the forty seventh

(06:09):
president is in as well.

Speaker 1 (06:10):
Yeah, Bock, do you know offhand if those are being
minted to demand or are they having limited runs on those?
Are they going to be collectible?

Speaker 2 (06:19):
They're gonna be collectible, that's for sure, because the forty
fifth we can't get anymore. So I would say probably
this will be the final year they'll do those designs.
So I do feel like they do make them on demand,
but once they run out, they run out.

Speaker 3 (06:34):
And a lot of people use them his pocket pieces
or mistreating or let the kids play with him. It's
just kind of cool. It's still worth the silver value
all the time, but it's not gonna have as high
of a premium because it's been mishandled or it's impaired
or something like that. So if you're stacking stuff, take
care of it. A real quick story, we had a
customer that really liked the odd size. They're not legos,

(06:55):
they're basically stackable blocks because legs the trademark, but building
blocks this is what they call they were called. But
he let his kids build stuff with him, and he
bought a lot of them because you could buy him
in tens of fifty and stuff, so he bought him
over the years. But the kids made so many different items.
When it came time to need money and sold them,
they were so impaired they weren't worth much over melt
when normally they almost cost twice as much. Wow, people

(07:16):
collected and not everybody, or if they built something, they
were very careful. They didn't have four year olds building
up skyscrapers and knocking them over. So it's unfortunate. Be
careful with your stuff.

Speaker 2 (07:26):
Yeah, speaking of collectible bullying, some people don't have a
lot of people coming in, just not necessarily newbies, but
just some people don't realize that there's certain bars and
rounds even that are more collectible than just regular civil
because everybody thinks that they can get silver for regular premiums.
But some of them are actually more collectible because they're

(07:46):
back from the seventies and the eighties and it's hard
to get those. You can't get them from unless you're
buying it off with somebody else that had purchased them,
or how they hand it down in the family.

Speaker 3 (07:56):
Yeah, the bars we're talking about. I have some outsized
bars from the forties and empty's in there. When people
come in and it's like they'll be looking in that case,
it happens to be right a veranda standing and they'll
be like, what's your price is silver? And as like,
you know, if she sees him looking, she'll tell them, hey,
that'sufs more pricey than normal bully ins two cases down,
you know, regular boy, you're actually one case down. And
you know most people just go over there. Well, some

(08:17):
people get offended that you won't sell them that collectible
stuff for normal three or five dollars over They just
don't understand.

Speaker 2 (08:24):
Yeah, there's one bar that I had in there. It's
a it's an interesting piece. It's a tiny little thing.
It's a one ounce of it's from Nevada. It's like
a collectible. It's they didn't make that many.

Speaker 3 (08:36):
And only forty seven out there right now, known when
you'd go to the silver clubs, like, so there's not
that many out there, and it's super expensive. It's just
an ounce of silver. It's it's announced, but it's shaped
like a long, long bar, so when you're looking at
it first, you don't think it would be an ounced,
but it is an out size.

Speaker 2 (08:53):
One customer that every time they stop in there just
like how much is that? How much is that? Because
it's like he's trying to see if you'll in an
off day, you know, we can get it for a
better price, but I'm just like, nope, still the same price.

Speaker 1 (09:05):
So, so what you've just told us about not mishandling
your bullion because they if it is going to have
a collectible value to it above melt price, you need
to take care of it. Yes, so these items, like
you had a lot of pop culture stuff available and
you still do, I'm sure at Mobile Bay coins and

(09:25):
fine jewelry, but would something like a Superman or or
a Mickey Mouse design, would they have collectible value in
the future ten twenty thirty years from now that would
be above the silver value?

Speaker 3 (09:38):
In most cases, yes, it depends on the design. Some
of them aren't monitorized, they're really just buoyon they store,
they license and strike with a design. Those can still
go up too, especially if it's if they don't mint
a lot of them. But most cases the monitorized stuff
will go up. And most of the pop culture stuff
that we deal with is monetorized from one of the
different either US or one of the world meant, so

(09:59):
I would stick with that. But once again, like like
Angelie's to tell people, don't disregard the actual just base
metal or metals because in many cases they're rule little
runs and they become collectible because of the odd baldness.
So stack some of those two and he was spot
on with a lot of those, as you well know.
So yeah, just make good a variety, just like if
you're doing stocks, don't just buy one stock for your portfolio.

(10:20):
Get a variety by you know something, so you're not
just sticking all your eggs in one basket.

Speaker 1 (10:24):
Okay, So you can you tell us about any new things?
Do you have any new items in that people would
want to collect?

Speaker 2 (10:33):
Absolutely, there's there's I'm tripping on my words here. There's
a Spider Man coin that came out, and I know
a lot of people were asking me for Spider Man
right before Christmas, but we didn't have him until right
I think it was the week of Christmas where they
happened to release those Green Goblin and Spider Man coin

(10:53):
where it's like their faces are kind of facing each other,
so it's like a spider Man versus Green Goblin. Okay,
and it looks more like a common book traditional piece.
So we just got that in. And they do all
kinds of different series, like we have the Ancient Warriors.
There's a Zombicks that they just started with the different
world animals zombie fid, I guess is the right term

(11:16):
for that. And they also do not just the one
ounce coins and silver, but they also do the one
ounce coppers and they did these this time around. They
did zombucks the Zombicks money. It's like, yeah, they're just
like goalbacks, but they're made out of silver.

Speaker 1 (11:32):
Okay. What about Year of the Snake.

Speaker 2 (11:36):
Year of the Snake, Yes, we do have some. I
think there's two different varieties this year that might be
doing more. I think there's actually three, but I think
we have like two at the shop right now, left
after the Christmas rush, but we got those in right
before the end of the year.

Speaker 3 (11:49):
We have some backdated Year of the Snakes that came
into and those are in the case so previous year
because they do repeat everything this with a different design
obviously every twelve months. So we just bought some of
those two we could, Like I said, we could talk
about the whole show, but a lot of collectible coins.
We just joined the Cat Grading Services, that company that's
been putting what's called a cat sticker on coins for
a while to basically say that company agrees with the

(12:12):
grade of that certified coin. Well, they started their own
grading company and we joined up and we got our
first emissions back and two of them were nineteen twenty
five Stone Mountain Commems, very popular Southern commemorative US coin
that was issued in nineteen twenty five, and one came
back m s sixty six plus, which is pretty high
any news bassist out there. I mean it goes from
zero to seventy, so sixty six plus and it's beautifully toned.

(12:36):
The gentlemen we bought the estate from had these all
in the old two by two envelopes. There were just
little bit of envelopes that hold the coin, but those
were high sulfur back in the day, and these things
have greens and reds, which are desirable for people to collect. Originally,
Tone coin, it's like.

Speaker 2 (12:51):
To me, if I had to describe it, I say,
it's almost like a rainbow toe tone because there's some blues,
greens and yellows in there, so it's almost like all
the different colors.

Speaker 3 (13:01):
Normally in that grade they sell for about five hundred
and fifty dollars and it's priced at a thousand only
because of the I appeal.

Speaker 1 (13:07):
How about that? Okay? Now have to ask you this
because I've not learned this through the years with these
shows with you and Angelo. What is a restrike?

Speaker 3 (13:19):
A restrike is when the Mint and usually there were
private and then government restrikes. In the US has quite
a few restrikes. There was eighteen oh four. Back in
eighteen oh four, the US didn't issue many coins. Half
cents and large cents were and then they issued sets
for dignitaries like the King of Egypt got one and

(13:39):
basically that had they struck an eighteen oh four silver dollar.
This was in nineteen thirty four, so since there was
no eighteen oh four original dollars, they were struck in
nineteen thirty four, and they completed the set with some
nineteen thirty four dated coins and other eighteen excuse me
not eighteen eighteen thirty four and some eighteen oh four. Well,
the eighteen o four coins are super rare. So because

(14:02):
of that, the US Mint made three different class one
class two in Class three of the eighteen oh four dollars,
and they were restruck with recut dies. Sometimes sometimes the
restrike is the mint used to sell their dies for
steel scrap when they were done without defacing them. So
private mints would actually take that die modified a little
and strike on the same weight planchets and make restrikes

(14:23):
that way. In most cases, they're very, very popular and expensive,
and it goes on and on. The original Confederate dies
shattered early on and the only thing they were going
to make repennies, So most of the original Confederate coinage
that's out there are all restrikes with the same die cracks,
all right, So there's different ways the mint doesn't. Sometimes
private people do it, but a lot of people do

(14:44):
collect those, and so you got to be careful. There's
some restrikes from the eighteen hundreds that are quite expensive
and it's just slightly modified from some of the regular coins.

Speaker 2 (14:52):
Speaking of restrikes, something that was popular during the holiday
season is those Morgan and Piece dollars that they did
the hundredth anniversary four back in twenty twenty one. They've
actually started to make them every year now, so they
did the twenty twenty three twenty twenty four, So those
were a hot cellar for people that were collecting coins,
and what it is is the older design that they've

(15:12):
put on, like a regular uncirculated one. And then there
was a proof strike as well.

Speaker 3 (15:18):
The way the bill was written, because Congress and the
Mint usually can't just strike, especially not commems, so some
of you introduced a bill and it passed, and the
way it was written it said it had to be struck,
had to be struck that year, but there was no
verbage saying they couldn't strike them other years. They left
that up to the determination of the Mint, which allowed
them to now do them every year, even though they
messed up and didn't do twenty twenty two. There was

(15:39):
a silver shortage. They were using all the blanks to
make American silver eagles after COVID, so we didn't get
twenty twenty twos. But they started again in twenty three
and they made them this year and there will be
twenty five. So that hurt the Mint because a lot
of people got mad because the twenty one stuff sold
like hotcakes. People couldn't get it. It sold out so fast,
and then we're gonna jump in and get the twenty
two and it got cold because they didn't issue it.

(16:00):
But they're doing it again and interest is picking up.
You sold some of that stuff a lot of during
Christmas in today.

Speaker 2 (16:05):
Yeah, a lot of people came in spending their Christmas
money today. Be a jewelry, be a coin. So if
you have any Christmas money, come on and see what
we have in the jewelry department, or coins or paper
money as well. And speaking of twenty twenty five, we
have the eagles on the way too.

Speaker 1 (16:22):
Yeah, so those are all the Shiver Eagles are on
their way down.

Speaker 2 (16:25):
And I'm predicting that they're going to be in probably
January twentieth. If I had to get I think they
ship on the fifteenth.

Speaker 3 (16:31):
They ship on the fifteenth. So the arders locked and booked.
We got the items sitting there in a box ready
to go, so we'll have it in. There'll be plenty
of them available, and we sold them so fast last year.
We pre ordered this year to make sure we got
enough in the first run, because last year we ordered
and then we went, okay, we needed reordies right away.
They all sold and they were sold out everywhere. They
had to wait for the mint to make more.

Speaker 1 (16:51):
Now for people that are still new to this. People
love the silver eagle. They love the the the eagle,
whether it's silver or gold. Do people now explain? Do
people come in and buy complete rolls of these things?

Speaker 2 (17:07):
Oftentimes they do. There's some people that collect them for
their grandkids, some people that just buy them because that's
their hobby, or.

Speaker 3 (17:15):
Stack them or pay their rent with them.

Speaker 2 (17:17):
Oh yeah, we do have a gentleman that likes to
buy silver eagles as his rent payment to his landlord.

Speaker 4 (17:24):
So that's okay, here's a story there somewhere. Absolutely, I
don't know if if the landlord or the uh, the
leaser is the more interesting person.

Speaker 1 (17:37):
Pretty interesting to me.

Speaker 3 (17:37):
And a pretty it's better for the lease or in
this case because their deal was no matter what silver does,
you owe me a roll a month for months? So
silver has been going up, so it is costing him more,
but he doesn't care because early on he was getting
a good deal with the product.

Speaker 1 (17:52):
Okay, all right, I like I like that and I
love that people can still do that in this kind. Yes, now,
tell me we don't spend a lot of time talking
about jewelry. Each time you come in and talk on
this radio station talk about jewelry. You have any great
deals on jewelry right now.

Speaker 2 (18:10):
We still have a sale going through probably the end
of January, I'm thinking because people are trying to spend
their Christmas money that they've gotten or gifts and stuff.
And I have plenty of different jewelry, unique pieces. There's
still a state jewelry in the case. I have quite
a few rings that have been popular. Is the different jumpstones.

(18:34):
Some of them are kind of like natural earth, you know, jumpstones,
like I don't even know some of these names.

Speaker 4 (18:39):
They're fancy, okay.

Speaker 2 (18:41):
But a lot of the younger kids have been not
even kids, but just younger adults, I should say, younger
teenagers and adults are coming in and they are looking
at these and they're just they like them because some
of them are older pieces. Some of them are something
that's more modernized, but it's you know a lot of
these newer people are into like crystals and things. So yes,

(19:04):
so we have some of that jewelry. So if you're
and a lot of it is in silver, some of
it is in gold, but a lot of it is
in silver. And there and there's j there's designer pieces.
We have some Tiffany rings that we've gotten in Tiffany
and Company. And we've also you know, the year the Snake.
Some of the snake jewelry that we have those very unique.

(19:28):
One is fourteen carre yellow gold, and it's on the
crown of the snake there's a big yellow diamond and
or maybe it's orange. Actually it's more orange, I think,
And on the eyes. He's got diamonds in his eyes.
Then the other snake ring that we have is in
eighteen care yellow gold. It's very ornate. I would almost

(19:48):
say it's kind of just like a Asian style. I
don't even know how to word that, but it's that
kind of culture type of ring is what it looks
like to me. But it's a big one. And so
if you have long fingers, that would be a perfect
ring for you. It's really nice. My fingers are not
quite that long, so it doesn't look good on my
hand unfortunately, or I take it.

Speaker 1 (20:10):
Okay, this is this is this is new too, A
special ring for the long fingered. Yes, so all of
that and lots more. I mean, you still have an
incredible inventory even though you just came out of Christmas.

Speaker 2 (20:21):
Yes, and you know, Marti Gross coming up. If you're
looking for ball jewelry and things like that, we probably
have some pieces you'd be interested in. And you can
always go to our mobile Bay coins dot Com website.
Click on the shop. It'll take you to O Everybody
Store a lot of our jewelries there. You can check
out Facebook or Instagram. You can come into the shop
and look around. But if you don't see it in

(20:42):
the case, ask because we don't have all the inventory
in the case for jewelry and he wants to a.

Speaker 1 (20:49):
Way to do. Yeah.

Speaker 2 (20:50):
Yeah, it's about ten percent of the inventory that's actually
in the case. We can't display it all.

Speaker 1 (20:56):
Okay, we've only got about a minute left here. You're
open Monday through Friday from nine to five at twenty
two oh four Government Street at Midtown Mobile. Any weekends
you're going to be open.

Speaker 2 (21:07):
Yeah, we are going to be open this Saturday, January eleventh,
from nine till two pm.

Speaker 1 (21:12):
Okay, Saturday, January eleventh, nine to two and before we
were out of time, you're still doing free appraisals.

Speaker 3 (21:19):
Free appraisal. Yeah, we recommend people give us a call
if it's the largest state. If it's not, you can
just bring stuff in them, we'll help you out.

Speaker 1 (21:25):
Okay, So if it's the largest state, call two five
one seven two five fifteen ninety. That's two five one
seven two five fifteen ninety. Mobile bay Coins and Fine
Jewelry again at twenty two oh four Government Street. Check
them out on on Instagram and on Facebook and Mobile
baycoins dot Com the website ronan Anna, thanks for coming in.

Speaker 3 (21:43):
You're welcome.

Speaker 2 (21:44):
Roll tiede roll tied roll