Coin Dealers/Collectors

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906-Associations/Organizations

COIN DEALERS/COLLECTORS go back


To become a coin dealer, an individual must obtain a seller's permit from the California State Board of Equalization per Business and Professions Code Section 17511 et seq., effective January 1, 1986. Coin dealers must also have a city or county business license. Complaints or problems may require civil resolution.


Consumers who collect coins or invest for themselves as a hobby do not require registration.


To research performance of coin dealers:


American Numismatic Association

818 North Cascade Avenue

Colorado Springs, CO 80903

(719) 632-2646 Ext. 134

(800) 367-9723 General Information

(800) 514-2646 Membership

(719) 634-4085 Fax

ana@money.org Email

www.money.org


The Board of Equalization (BOE) requires a seller's permit if a coin dealer is selling coins, silver or gold bullion:


BOE

450 N Street

PO BOX 942879 (mailing address)

Sacramento, CA 94279-0001

(800) 400-7115

www.boe.ca.gov


The Federal Trade Commission (FTC) regulates misleading, deceptive, and unfair business practices:


Federal Trade Commission

10877 Wilshire Boulevard, Suite 700

Los Angeles, CA 90024

(877) 382-4357

www.ftc.gov


If investment offers are made by telemarketer over phone for fraudulent purposes, consumers should contact the Office of the Attorney General:


Department of Justice

Office of the Attorney General

1300 I Street

Sacramento, CA 95814

(800) 952-5225 (CA Callers)

(916) 322-3360 (Out of State)

(916) 323-5341 Fax

(711) or (800) 735-2929 Eng TTY/TDD

(800) 855-3000 Span

(800) 735-2922 Voice

https://oag.ca.gov/


There's no jurisdiction over stamps, coins, or gold and silver sales. The Commodity Futures Trading Commission Handles Complaints on Community Brokers:


Commodity Futures Trading Commission

Complaint Section

Three Lafayette Center

1155 21st Street N-W

Washington, DC 20581

(866) FON-CFTC (366-2382)

(202) 418-5000

(202) 418-5521 Fax

(202) 418-5514 TTY

www.cftc.gov


If investment offers are made through the mail, or payment is made through the mail, for fraudulent purposes, consumers should contact the US Postal Inspection Service:


US Postal Inspection Service

Inspection Service Support Group

222 South Riverside Plaza, Suite 1250

Chicago, IL 60606-6100

(800) 275-8777

https://postalinspectors.uspis.gov


Criminal Investigations Service Center For Mail Fraud: (877) 876-2455