Listing № 11337 · Midland, TX
Preacherbill's Coins
Coin shop in Midland, Texas · Est. 2000 (26 years)
1004 W Front St, Midland, TX 79701
Sells: Bullion, Paper money, Jewelry. Inventory categories & services
Buys: Bullion bars & rounds, Whole collections, Gold jewelry & scrap. What they buy & services
Photos from Preacherbill's Coins's website
Photos from the dealer's website · Scroll for more
§ 01
What Preacherbill's Coins buys and does
From Preacherbill's Coins's own website (6 pages read). Hover a ✓ to see their wording.
They buy
- Bullion bars & rounds
- Whole collections
- Gold jewelry & scrap
Services
- Insurance & estate appraisals
Pricing & payment
- In their words
- “We base our pricing on current gold prices.”
Specialties: Gold and silver bullion · Rare paper money · Sports autographs and memorabilia · Hot Wheels and Pokemon cards · Coin and bullion appraisals. Also sells: Bullion, Paper money, Jewelry.
§ 02
Trust record
Credentials & licenses
- ANA member (per their website)
- ANA life member (per their website)
- No third-party numismatic credential found.
Who you'll deal with
- Bill Welsh · owner · ANA life member #3266; TNA life member #222; TNA governor 2000-2023; in the coin business since 1979
- ◆Owner Bill Welsh opened his first coin shop, The Coin Den in Pueblo, CO, in 1979
- ◆Operated at shows and expos without a storefront from 2000, then opened a permanent Midland store in 2018
- ◆Owner is a preacher by background and retired from the pulpit in 2018
- ◆Other specialty dealers (cards and collectibles, specialty silver) operate inside the same building
- ◆Authenticates and verifies all gold and silver bars it sells
Source: Preacherbill's Coins's website, read Oct 2026.
§ 03
Before you sell here
- 1
Know your metal floor before you walk in.
Gold is — and silver — an ounce right now. Our offer checker compares an offer with metal value and dated examples of published buy prices.
- 2
Know Texas's seller rules.
No Texas state law sets ID, hold-period, or payment rules for an ordinary coin shop buying your coins or bullion bars: the state crafted-precious-metal law expressly excludes coins, bars and commemorative medallions. State rules do apply if you sell jewelry, silverware or other crafted precious metal to a registered dealer (you file a list describing the items with your certification that it is true, the dealer records your driver's license or Texas ID number and reports to police within 48 hours) or sell anything, coins included, to a licensed pawnshop (photo ID, a purchase record, and usually a 20-day hold).
Coins and bars at an ordinary coin dealer: no state hold period, because the state crafted-precious-metal definition excludes coins, bars and commemorative medallions (Occ.
Source: Texas Occupations Code Ch. 1956 (official statute site, HTML) - Subchapter B: Sale of Crafted Precious Metal to Dealers (Secs. 1956.051, 1956.062-1956.066); Secs. 1956.0381-1956.0382 (metal recycling entities), Texas Finance Code Ch. 371 - Pawnshops (official statute site, HTML): Secs. 371.152, 371.174, 371.176, 371.177, 371.182 · All Texas rules
- 3
Call ahead for anything bigger than a few coins.
Ask whether the person who prices collections is in that day, and whether they pay by cash or check for larger amounts.
- 4
Get a second offer.
There are 2 other coin buyers within 10 miles — compare them below. Read how to sell a coin collection first if this is your first time.
Questions to ask Preacherbill's Coins
We couldn't confirm these from public sources, so ask before you go:
- What would you pay today for a 1 oz American Silver Eagle, and for $1 face value of pre-1965 silver? (Ask two shops the same question to compare.)
- Is an appraisal free, or free only if I sell to you? Do you put it in writing?
- How do you pay for larger amounts — cash, check or wire — and is there a cash limit?
- Do I need an appointment to sell a whole collection?
§ 04
Compare coin buyers near Midland
If this shop isn't the right fit
- Nearest with free appraisals: Big Tex Pawn Shop~21 mi
- Nearest that buys estates: Big Tex Pawn Shop~21 mi
| Dealer | Type | Distance | Customer-reported offers | Sat / Sun | |
|---|---|---|---|---|---|
| Preacherbill's Coins (this shop) | Coin shop | — | 5.0★ (113) | — | Sat / – |
| Rays Silver Coins, Rounds & BarsMidland | Coin shop | 0.0 mi | 4.7★ | — | Sat / – |
| Village Coin ShopMidland | Pawn shop | 1.0 mi | 2.4★ (47) | — | Sat / – |
| The Vault Fine JewelryOdessa | Coin shop | 18 mi | 4.5★ (122) | — | Sat / – |
| Permian Pawn & JewelryOdessa | Pawn shop | 19 mi | 4.3★ (22) | — | Sat / – |
| Big Tex Pawn ShopOdessa | Pawn shop | 21 mi | 3.6★ (56) | — | Sat / – |