Rechant Coins & Precious Metals Review

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Rechant Coins & Precious Metals has been operating out of West Palm Beach, Florida since 1975, the same year the U.S. government legalized private gold ownership for American citizens.

That timing was not accidental. The shop opened specifically to serve a South Florida market that suddenly had legal access to gold bullion, and it has been buying, selling, and appraising coins and precious metals in Palm Beach County for nearly five decades since.

Located at 1825 Forest Hill Blvd, Suite 102, West Palm Beach, FL 33406, the shop is an authorized dealer for both the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC), and holds membership in the American Numismatic Association (ANA). It also carries an A+ rating from the Better Business Bureau.

Key Takeaways

• Rechant has operated continuously in South Florida since 1975, making it one of the longest-running coin and precious metals dealers in the region.
• The shop offers free in-person appraisals with no obligation to sell, covering rare coins, gold, silver, platinum, paper money, and gold jewelry.
• Rechant is an authorized PCGS and NGC dealer with an A+ BBB rating, serving buyers and sellers across Palm Beach, Broward, and Martin counties.

Background: How Rechant Got Started

When gold ownership was re-legalized for U.S. citizens in 1975, most coin shops in Florida were not equipped to handle bullion. Rechant was built from the ground up for exactly that purpose.

By 1976, the shop was already selling South African Krugerrand bullion coins, making it one of the first companies in Florida to do so.

That same year, Rechant began supplying bullion gold to South Florida jewelry stores, establishing trade relationships that extended well beyond retail customers.

Precious metal prices climbed sharply through 1976 and 1977, and demand drove rapid growth. In September 1977, Rechant purchased a 3,000-square-foot building at 1730 South Congress Avenue in West Palm Beach, where the business operated for over 30 years.

In 1980, when gold hit record highs, Rechant's business grew alongside the market. The shop became an authorized dealer for U.S. Mint Eagle Bullion coins in 1986, and became PCGS-authorized in 1987, followed by NGC authorization shortly after.

What Rechant Buys and Sells

The inventory at Rechant covers a wider range than most local coin shops. Walk-in customers can browse physical gold, silver, platinum, and palladium products in multiple formats.

The bullion side includes coins, bars, wafers, and grain. On the numismatic side, Rechant carries rare and collectible coins spanning several centuries, paper money, and fine jewelry.

The gallery on the website gives a good sense of the numismatic depth here. Past inventory has included pieces like an 1715 MS63 Colombia Charles II 2 Escudos, a 27 BC–14 AD Roman Empire Augustus AR Tetradrachm, a 1926 MS65 St. Gaudens Double Eagle, and genuine shipwreck coins from vessels like the Nuestra Señora de Atocha.

That range, from ancient Rome to modern bullion, puts Rechant in a different category from shops that focus only on current-year coins.

The South Florida Precious Metals Market

Palm Beach County is one of the wealthier counties in the United States.

That wealth concentration affects the local coin and precious metals market in specific ways: estate collections in this region frequently contain high-grade numismatic pieces, significant quantities of gold jewelry, and substantial bullion holdings. 

For a dealer positioned to evaluate and purchase those collections accurately, the geographic advantage is real.

Gold prices have been elevated throughout the mid-2020s. As of early 2025, spot gold traded above $2,800 per troy ounce, and silver pushed past $32 per troy ounce at various points.

Consumers in South Florida looking to liquidate inherited holdings or purchase bullion for portfolio diversification are operating in a market with meaningful price sensitivity.

Rechant's decades of trade relationships with South Florida jewelers and other dealers give the shop consistent access to both buyers and sellers at scale.

The shop draws customers from across a wide area: Palm Beach County, Broward County, Martin County, Fort Lauderdale, Boca Raton, Delray Beach, Jupiter, and, per the company's own account, as far as the Florida Keys and Orlando.

That draw reflects both inventory depth and reputation built over nearly five decades.

Selling to Rechant: The Process

The shop offers free in-person appraisals with no obligation to sell. Sellers can bring in coins, bullion, gold jewelry, rare currency, 90% silver (junk silver), and estate collections.

The appraisal process is face-to-face, meaning the person evaluating the items is on-site, not a remote buyer working from photographs.

A few things worth knowing before bringing items in:

Customer Barry T., in a Google review, described getting a noticeably better offer at Rechant than at another well-regarded local coin shop for the same coins from his personal collection.

Customer John B. wrote that he drives from outside the immediate area specifically to buy from Rechant, citing consistent pricing and customer service as the reason.

Buying from Rechant

For buyers, the shop stocks an active inventory of bullion and collectibles, with the caveat that inventory changes constantly. The website includes a live "Items for Sale Now" section, and Rechant maintains live precious metal price charts on the site so buyers can track spot prices before visiting.

Rechant's authorized dealer status with the U.S. Mint (since 1986), PCGS (since 1987), and NGC means that coins sold through the shop can include professionally graded, authenticated pieces in certified holders.

For buyers purchasing rare coins, that grading certification matters: it eliminates uncertainty about authenticity and condition, which directly affects resale value.

The shop is also ANA-member verified, which adds another layer of accountability. The ANA's coin dealer directory lists Rechant, giving buyers a third-party reference point outside the shop's own marketing.

In-Store Experience and Location Details

The current location is at 1825 Forest Hill Blvd, Suite 102, in West Palm Beach. Business hours run Monday through Friday, 9:30 AM to 4:00 PM, and Saturday from 10:00 AM to 2:00 PM. The shop is closed on Sundays.

Reviews repeatedly mention the organized, professional layout of the store. One customer who came in for an estate appraisal described the interior as "extremely organized and professional."

Another noted browsing freely without any sales pressure, which is consistent with the shop's stated approach: free appraisals, no pressure to sell or buy.

The phone number is 561-964-8180. The shop can also be reached at rechantpm@gmail.com. For buyers or sellers who want to check current inventory or ask about specific items before visiting, calling ahead is practical given that stock rotates frequently.

Credentials at a Glance

Customer Feedback Summary

Rechant's Google reviews are uniformly positive. Patterns across multiple reviews point to a few consistent themes: competitive pricing on both the buy and sell sides, knowledgeable staff (Mark is named specifically by multiple reviewers), and a low-pressure environment.

One reviewer, Alexander C., called it "by far the best coin shop in all of South Florida." Camille L., who identified herself as working at another local coin dealer (Southland Coins), described a business-to-business transaction with Rechant as "smooth and flawless."

That kind of trade-side endorsement is relatively rare in coin dealer reviews and carries some weight.

The shop's rating on Google reflects years of consistent customer transactions rather than a single spike in reviews.

Visitors traveling through the area, including at least one reviewer who stopped in while on vacation, have left five-star ratings, which suggests the in-store experience holds up for first-time visitors, not just long-term regulars.