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Wilshire Coin Exchange sits in Santa Monica. Glen Sorgenstein leads this expert team.
They specialize in silver eagles, bullion bars, gold bars, rare collectibles, and estate jewelry. Expect trusted appraisals and instant cash offers.
This review checks Wilshire Coin's legitimacy, products, services, and reputation. It guides your decision with facts on their customer service.
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After devoting extensive time and effort, we have conducted thorough research within the precious metals industry and compiled a selection of the most trustworthy companies.
Take a moment to read our list and determine if Wilshire Coin has what it takes to make the list this year!
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Key Takeaways:
- Wilshire Coin runs as a legit dealer in Santa Monica, CA.
- It focuses on gold and silver coins, rare collectibles, jewelry, and diamonds.
- Local reputation stays strong.
- Diverse products include bullion coins and numismatic rarities.
- Services cover appraisals, currency exchange, and instant cash.
- The showroom offers foreign exchange and quick deals.
- Positive reviews back their reliability.
Is This Dealer Legitimate?
Wilshire Coin Exchange demonstrates legitimacy through decades of local experience. It holds an A+ BBB rating and 60 years of operation in Santa Monica.
Endorsements come from high-profile clients like Brad Pitt and Jim Carrey. The coin exchange lists on Bullion.Directory as a trusted market maker in the precious metals industry.
- Immediate cash transactions available
- Knowledgeable, helpful staff praised by customers
- Transparency builds confidence for collectors and investors
Wilshire Coin has operated with 10-20 employees. It maintains a stable presence that underscores reliability.
Their clean, secure retail location in Santa Monica features a customer-focused showroom. Visitors can inspect American silver bars, 100 oz silver bars, and investment vehicles.
Positive feedback highlights trustworthy service. They offer competitive prices on currency exchange and jewelry options.
Wilshire Coin warns against China fakes and fake bars. Company alerts educate buyers on spotting counterfeits (much like the counterfeits discussed in our in-depth review of Bullion & Coin Exchange).
Staff attitudes receive praise in reviews. An A+ BBB rating and Bullion.Directory endorsement confirm their standing.
Company Background and History
Wilshire Coin Exchange started in the 1960s. It formalized in 1992 as a family-run business in Santa Monica, California.
Glen Sorgenstein leads with Tom, Chris, and Dan.
- Over 60 years in business
- 10-20 employees
- Handles currency exchange and appraisals
- Offers bullion coins, numismatic coins, silver eagles, gold bars
Wilshire Coin has become a community institution in Los Angeles. The company provides customer service and competitive prices.
Recognition comes from Bullion.Directory for reliability. It runs an eBay store for national shipping of American silver and bullion bars.
The BBB rating reflects decades of experience. Services include foreign exchange, appraisals, and jewelry sell-back. If interested in how other established coin dealers stack up, see our in-depth review of Central Iowa Coin & Bullion.
Wilshire Coin's 60 years ensure reliability for bullion coins and numismatic investments. The company maintains top quality inventory.
Products Offered
Wilshire Coin offers a curated selection of precious metals.
- Gold bars
- Silver eagles
- 100 oz silver bars
- Bullion coins
- Numismatic coins
- Estate jewelry
- Diamonds
All come at competitive prices in the Santa Monica showroom. The coin exchange focuses on top quality items.
They maintain strict quality control. Staff verification by experts protects against fake bars from China.
The Santa Monica retail location provides a clean, secured environment. Customers can browse bullion coins and American silver.
As a market maker with an A rating from the BBB, they support e-commerce. The eBay store enables shipping nationally. Related callout: A-Mark Precious Metals Review
Gold and Silver Coins
Wilshire Coin specializes in American Silver Eagles, gold bars, bullion coins, and 100 oz silver bars. These provide authentic precious metals verified against fakes.
The Santa Monica showroom offers these at competitive prices. Staff expertise guides selections for collectors and investors.
| Product | Type | Weight Options | Best For | Price Indicator |
|---|---|---|---|---|
| American Silver Eagles | Bullion Coins | 1 oz | Collectors/Investors | Spot + premium |
| Gold Bars | Bullion Bars | 1 oz-10 oz | Long-term storage | Competitive |
| 100 oz Silver Bar | Bullion Bars | 100 oz | Bulk buyers | Best prices |
Wilshire Coin checks weight, magnetism, and engravings on-site. This avoids issues common with eBay purchases.
Rare Collectibles and Jewelry
Wilshire Coin deals in numismatic coins, rare estate jewelry, and diamonds. The secure Santa Monica showroom offers unique pieces.
- Numismatic Coins: rare U.S. mint errors like 1955 doubled die pennies
- Rare Collectibles: historical medals from Civil War eras
- Estate Jewelry: vintage gold pieces with intricate designs
- Diamonds: certified loose stones graded VVS clarity
- Other Valuables: antique watches such as Patek Philippe models
Sellers receive on-site appraisals. Immediate cash offers base on current market values.
The authentication process involves professional grading and testing. An eBay store extends services nationally.
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Services Provided
Wilshire Coin Exchange in L.A. offers bullion directory listings and company alerts. Services include shipping nationally via eBay and currency exchange.
- Expert appraisals
- Instant cash offers
- Currency exchange
- Buying gold, silver, jewelry
- National shipping via eBay
Wilshire Coin Exchange provides expert appraisals and immediate cash transactions. The clean, secured Santa Monica showroom focuses on customer service.
Services span buying gold bars and estate jewelry. Currency exchange serves travelers and investors. Curious if nearby dealers like Is Beverly Hills Precious Metals Exchange Worth It? deliver similar value?
With 60 years as a market maker, fair deals come through outstanding service. The retail location offers top quality on precious metals.
From jewelry sell to 100 oz silver bars, testing handles fakes. Immediate cash sets them apart from competitors.
Appraisals and Cash Transactions
Wilshire Coin offers professional appraisals for precious metals and jewelry. Immediate cash transactions follow at competitive prices.
The process takes 15-30 minutes. Free appraisals come from knowledgeable helpful staff.
- Visit the Santa Monica showroom, no appointment needed.
- Present items such as gold bars or jewelry.
- Receive a free appraisal highlighting top quality.
- Get an immediate cash offer.
- Close the deal on-site after testing.
Wilshire Coin's 60-year expertise solves online selling risks. Transactions occur in a clean secured space.
Customer Reviews and Reputation
Customers praise Wilshire Coin for these strengths:
- Excellent experience
- Great staff: Glen, Tom, Chris, Dan
- Knowledgeable, helpful service
- Competitive prices
- A+ BBB rating
This Santa Monica coin exchange built reputation over 60 years. It serves precious metals including silver eagles and gold bars.
Reviewers note the clean secured environment. References on Bullion.Directory affirm its standing.
Review themes show common strengths. Customers praise the service from Glen Sorgenstein.
Pricing receives praise on items like 100 oz silver bars. These beat e-commerce after shipping costs.
Buyers describe it as trustworthy and clean. People feel safe from China fakes.
Celebrities like Brad Pitt and Jim Carrey reportedly buy here. They seek top-quality currency exchange.
- Glen and Tom provided excellent service on gold bars.
- Chris and Dan offered competitive prices on silver eagles.
- Wilshire Coin offers best prices for bullion bars and numismatic coins, much like other reputable dealers such as Portland Precious Metals & Coin.
The company has 10-20 employees. Credentials include BBB A+ rating and Bullion.Directory listings.