New downtown shop trades in jewelry, coins

North Bend residents Rod Weasea and Robin Rohrer believe that old or broken jewelry doesn’t have to sit around collecting dust.

They opened the Golden Coin at the start of October at 8050 Railroad Avenue in downtown Snoqualmie, buying up gold jewelry, selling rare coins, collectibles and estate jewels, and offering limited loan service.

Their shop, a former mortgage office, now holds cabinets with a selection of gold jewelry set with precious stones, Baltic amber, and blown glass, as well as a variety of rare coins, from uncirculated Ben Franklin half dollars to painted Walking Liberty coins.

“We do unusual things,” Weasea said. “If someone’s looking for something unusual for Christmas, we might have it.”

The Golden Coin’s stash of rare curiosities include a 200-year-old carved piece of blood jade from Southeast Asia and a heavy bronze Russian coin from the reign of Catherine the Great.

The business also offers short-term loans on jewelry, collectibles and fine art.

However, Golden Coin’s primary business is buying scrap gold and silver.

“Everybody has a stash of old jewelry,” Weasea said. Customers can be surprised by how much they can get for items that have sat in the jewelry box for years.

Weasea and Rohrer search the regional and international market for pieces to sell.

“We keep our eye out for stuff, all over the place,” Weasea said. If items don’t sell, they get melted down.

The two men have several years of experience in the various arms of the business.

Both are semi-retired, and running the shop gives them a place to hang out away from their homes.

“We just wanted something to do,” Weasea said. “It’s a fun little shop. We get people coming through here every day.”

Golden Coin’s hours of operation are 11 a.m. to 5 p.m. Monday through Saturday. They will also make after-hours appointments for clients with plenty of items to go through. Contact the business at (425) 292-0694.

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